Slide 1: Taiwan Mobile Co., Ltd. 2Q16 Results Summary
Taiwan Mobile Co., Ltd. 2Q16 Results Summary July 27, 2016 1
Slide 2: Disclaimer
Disclaimer The information contained in this presentation, including all forward- looking information, is subject to change without notice, whether as a result of new information, future events or otherwise, and Taiwan Mobile Co., Ltd. (the “Company”) undertakes no obligation to update or revise the
Slide 3: Business Overview
Business Overview 3
Slide 4: Mobile Growth Leading the Pack
Mobile Growth Leading the Pack Key Operating Metrics YoY change in 2Q16 Total Subscribers Blended ARPU1 Mobile Service Revenue1 Telecom EBITDA 1. Based on IFRS – Residual Value Method, i.e. excluding revenue adjustments under the current bundle sales accounting policy 4
Slide 5: Online Shopping - the Bright Spot
Online Shopping - the Bright Spot (Unit: NT$bn) momo 2Q16 2Q15 YoY Total Revenue 6.69 6.20 8% - Online Shopping 4.82 4.10 18% - TV Home Shopping & Others 1.87 2.10 -11% EBITDA 0.34 0.30 +13% EBITDA Margin 5.1% 4.9% +0.2ppts 5
Slide 6: Financial Overview
Financial Overview 6
Slide 7: Performance by Business
Performance by Business Revenue EBITDA NT$bn Telecom CATV momo Total Telecom CATV momo Total 2Q16 20.05 1.65 6.69 28.44 7.40 0.90 0.34 8.72 % of 70% 6% 24% 100% 85% 10% 4% 100% total 2Q16 -2% 1% 8% 0% 5% 1% 13% 5% YoY 1Q16 -6% 1% 12% -2% 12% 1% 20% 11% YoY Note: The combined total of telecom, CATV a
Slide 8: Results Summary
Results Summary 2Q16 1H16 NT$mn % of 2Q Amount YoY Amount YoY Forecast Revenue 28,442 0% 98% 57,641 -1% Cost (18,807) -1% 95% (38,488) -4% Operating expense (4,395) 2% 97% (8,908) 2% Operating income 5,240 6% 111% 10,245 10% Net non-oper. items (123) 5% 72% (358) 15% Income before tax 5,117 6% 112%
Slide 9: Balance Sheet Analysis
Balance Sheet Analysis NT$bn 2Q16 1Q16 2Q15 2Q16 1Q16 2Q15 Total Assets 152.47 153.75 156.51 Liabilities 94.45 84.09 98.53 Current Assets 32.72 32.96 32.15 Current Liabilities 56.17 49.84 69.51 - Cash & Cash Equivalents 7.55 8.70 8.79 - ST Debts 17.67 25.53 31.25 - Accounts Receivable 15.97 15.70 15
Slide 10: Cash Flow Analysis
Cash Flow Analysis NT$bn 2Q16 1Q16 2Q15 1H16 1H15 Operating Cash Flow 5.97 10.03 5.44 16.00 10.82 Investing Cash Flow (2.70) (2.91) (2.30) (5.61) (8.98) Financing Cash Flow (4.42) (7.00) (2.56) (11.41) (0.94) NT$bn 2Q16 1Q16 2Q15 1H16 1H15 Cash CAPEX (2.43) (2.75) (3.57) (5.18) (6.86) Free Cash Flow
Slide 11: Event Updates
Event Updates 11
Slide 12: Event Updates
Event Updates Awards and Recognition Won awards in the categories of Taiwan’s “Best Investor Relations”, "Best Corporate Social Responsibility", and “Best CFO “ in the Corporate Governance Asia’s 2016 Asian Excellence Awards. Taiwan Mobile was the only telecom operator in Taiwan awarded. Ranked
Slide 13: Key Message
Key Message The big three’s rational moves regarding the 4G rate plans and contained handset subsidies set the tone for a heathier growth path for the industry. Taiwan Mobile will continue to create shareholder value through discipline in both mobile spectrum investments and handset subsidies. 13
Slide 14: Q&A
Q&A 14