Slide 1: KT 2Q21 Earnings Release
KT 2Q21 Earnings Release 2021. 8. 10 | Investor Relations DIGICO KT
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by KT Corp.(the “Company”) in accordance with K-IFRS. This presentation contains forward-looking statements, which are subject to risks, uncertainties, and assumptions. This presentation is being presented solely for your information and is subject to c
Slide 3: Financial Highlights, Business Overview, Appendix
2 Financial Highlights 3 Business Overview 4 Appendix
Slide 4: 2Q21 Highlights
1 2Q21 Highlights Financial Service Revenue in upward trend with balanced growth in Telco and (unit: KRW) Digital Platform Business Service Revenue 6,027 Service Revenue 4,478.8 (Consolidated) .6bn. (YoY + 2.6%) (KT separate) bn. (YoY + 3.2%) Operating Profit Operating Profit 351.2 bn. (YoY +38.1%)
Slide 5: Financial Highlights
1 2Q21 Highlights 2 Financial Highlights 3 Business Overview 4 Appendix
Slide 6: K-IFRS Consolidated Income Statement
K-IFS nated 1 Income Statement • Total revenue increased +2.6% YoY with balanced growth in both Telco and Digital platform business • Operating income increased +38.5% YoY with revenue growth and efficient cost spending (Unit: KRW bn) 2Q20 1Q21 2Q21 QoQ YoY Operating Revenue 5,876.5 6,029.4 6,027.6
Slide 7: Consolidated Operating Expenses
K-IFRS / Consolidated 2 Operating Expenses (Unit: KRW bn) 2Q20 1Q21 2Q21 QoQ YoY Operating Expenses 5,533.0 5,585.2 5,551.8 -0.6% 0.3% Labor Cost 983.7 1,024.2 1,025.5 0.1% 4.3% General Expense 2,341.6 2,320.7 2,380.9 2.6% 1.7%—Depreciation 911.2 901.2 897.3 -0.4% -1.5% Cost of Service Provided 833.
Slide 8: Consolidated Financial Position
K-IFRS / Consolidated 3 Financial Position (Unit: KRW bn) 2Q20 1Q21 2Q21 QoQ YoY Assets 34,572.2 33,547.6 34,139.0 1.8% -1.3% Cash & Cash equivalents 2,942.2 2,753.1 3,097.0 12.5% 5.3% Liabilities 19,199.7 18,209.7 18,475.2 1.5% -3.8% Borrowings 7,987.6 7,724.6 7,755.7 0.4% -2.9% Equity 15,372.5 15,
Slide 9: Separate CAPEX
K-IFRS / Separate 4 CAPEX • CAPEX executed 864.1 bn won in 1H21 - Access Network 442.4 bn, Backbone Network 122.5 bn, B2B communications 129.1 bn, others 170.1 bn (Unit: KRW bn) Access Network Backbone Network B2B Others 3,313 3,257 2,872 2,514 2,397 2,359 2,250 1,870 1,977 2,199 1,593 1,362 1,133 1
Slide 10: Business Overview
1 2Q21 Highlights 2 Financial Highlights 3 Business Overview 4 Appendix
Slide 11: Separate KT – Wireless
K-IFRS / Separate 1 KT – Wireless • Wireless service revenue up +4.5% YoY with solid growth of 5G subscribers • Total number of 5G subscribers recorded 5.01 million(35% of Handset subscribers) (Unit: KRW bn) 2Q20 1Q21 2Q21 QoQ YoY Wireless 1,722.5 1,770.7 1,788.5 1.0% 3.8% Service 1,615.5 1,667.6 1,
Slide 12: Separate KT – Fixed Line/IPTV
K-IFRS / Separate 2 KT – Fixed Line/IPTV • Telephony revenue decline mitigated(-1.6% YoY) and Broadband revenue increased +2.1% YoY underpinned by solid growth in subscriber base • IPTV revenue up +6.8% YoY with consistent subs growth and platform revenue growth (Unit: KRW bn) 2Q20 1Q21 2Q21 QoQ YoY
Slide 13: Separate KT – B2B and others
K-IFRS / Separate 3 KT – B2B and others • Corporate Fixed Line revenue up +4.2% YoY with traffic and project order increase • AI/DX revenue up +6.2% with business growth in AICC, IDC, Cloud and others (Unit: KRW bn) 2Q20 1Q21 2Q21 QoQ YoY B2B 696.8 684.2 691.3 1.0% -0.8% Corporate Fixed Line 267.4 2
Slide 14: Major subsidiaries
K-IFRS / consolidated(each subsidiary) 4 Major subsidiaries • BC card revenue up +4.6% YoY from increased credit card transaction volume • Contents subsidiaries revenue up +16.3% YoY with growth of digital ads, T-Commerce and others Subsidiaries Revenue (Unit: KRW bn) 2Q20 1Q21 2Q21 QoQ YoY BC card
Slide 15: Appendix
1 2Q21 Highlights 2 Financial Highlights 3 Business Overview 4 Appendix
Slide 16: K-IFRS Income Statement
1 K-IFRS Income Statement (Unit: KRW bn) Consolidated 2Q 20 3Q 20 4Q 20 1Q 21 2Q 21 KT Separate 2Q 20 3Q 20 4Q 20 1Q 21 2Q 21 Operating revenue 5,876.5 6,001.2 6,207.3 6,029.4 6,027.6 Operating revenue 4,339.6 4,520.5 4,590.0 4,574.5 4,478.8 Service revenue 5,196.6 5,240.0 5,302.5 5,230.4 5,336.8 Se
Slide 17: K-IFRS Balance Sheet
2 K-IFRS Balance Sheet (Unit: KRW bn) Consolidated 2Q 20 3Q 20 4Q 20 1Q 21 2Q 21 KT Separate 2Q 20 3Q 20 4Q 20 1Q 21 2Q 21 Assets 34,572.2 36,449.2 33,662.5 33,547.6 34,139.0 Assets 28,146.8 28,774.1 28,027.9 27,693.7 28,203.4 Current assets 12,474.5 14,211.2 11,154.2 11,567.1 11,695.3 Current asset
Slide 18: Separate Subscribers Wireless
K-IFRS / Separate 3 Subscribers Wireless 2Q 20 3Q 20 4Q 20 1Q 21 2Q 21 QoQ YoY Subscribers (Unit: Thousands)1) Total 22,133 22,333 22,305 22,427 22,621 0.9% 2.2% Net additions 157 200 -28 122 194 58.8% 23.4% Gross additions 1,030 1,033 999 1,165 1,041 -10.7% 1.0% Deactivation2) 873 833 1,026 1,043 8
Slide 19: KT
Kt