Slide 1: Taiwan Mobile Co., Ltd. 1Q18 Results Summary
Taiwan Mobile Co., Ltd. 1Q18 Results Summary April 30, 2018 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
Taiwan Mobile @eexex Business Overview
Slide 4: Telecom Business – Out from the Pack
Telecom Business – Out from the Pack 1Q18 Mobile Service Revenue1&2 YoY Change 1Q18 Spectrum Yield3 NT$mn/MHz 149 CHT FET TWM 113 93 -4.9% -4.7% -6.5% CHT FET TWM 1Q18 Telecom EBITDA1&2YoY Change 1Q18 EPS (IFRS 15) 4.1% NT$ 1.28 1.13 0.75 NA CHT FET TWM -1.4% CHT FET TWM 1. Pre-IFRS 15 numbers (aka
Slide 5: Growth Catalysts
Growth Catalysts Fixed Broadband Subs (K) MAU1 of myVideo (K) +6%YoY +73%QoQ 1. MAU : monthly active users. 5
Slide 6: momo E-commerce – Crown Jewel
momo E-commerce – Crown Jewel Total Revenue Total EBITDA (NT$bn) (NT$bn) E-commerce as % of Total Revenue Mobile Commerce1 as % E-commerce Revenue 1. Mobile commerce : online retail sales made through mobile devices. 6
Slide 7: Financial Overview
Taiwan Mobile @eexex Financial Overview
Slide 8: Performance by Business
Performance by Business Revenue EBITDA NT$bn Telecom CATV momo Total1 Telecom CATV momo Total1 1Q18 18.47 1.60 10.18 30.31 6.77 0.81 0.46 8.17 % of 61% 5% 34% 100% 83% 10% 6% 100% total 1Q18 -6% -1% 34% 5% -5% -6% 37% -3% YoY 4Q17 -5% -4% 30% 4% -6% -12% 39% -5% YoY Ex-roaming 1Q18 YoY 0% -6% 37% 1%
Slide 9: Results Summary
Results Summary 1Q18 NT$bn % of 1Q Amount QoQ YoY guidance Revenues 30.31 -5% 5% 102% Operating Costs (21.38) -7% 9% 101% Operating Expenses (4.19) -4% 1% 95% Operating Income 4.74 10% -7% 111% Non-op. Income (Exp.) (0.17) -84% 2% 103% Pre-tax Income 4.56 43% -7% 112% Net Income 3.48 43% -12% 108% E
Slide 10: Balance Sheet Analysis
Balance Sheet Analysis NT$bn 1Q18 4Q17 1Q17 NT$bn 1Q18 4Q17 1Q17 Total Assets 155.27 154.52 148.73 Liabilities 82.76 89.01 78.25 Current Assets 31.22 32.35 32.58 Current Liabilities 52.14 56.48 31.42 - Cash & Cash Equivalents 7.66 6.63 7.93 - ST Debts 28.27 30.86 8.26 - Accounts Receivable 14.24 14.
Slide 11: Cash Flow Analysis
Cash Flow Analysis NT$bn 1Q18 4Q17 1Q17 Operating Cash Flow 7.96 7.99 7.49 Investing Cash Flow (2.16) (9.70) (1.70) Financing Cash Flow (4.76) 2.37 (5.56) NT$bn 1Q18 4Q17 1Q17 Cash CAPEX1 (2.76) (2.24) (2.66) Free Cash Flow1 5.20 5.74 4.83 1. Excluding 4G License Fees 11
Slide 12: Event Updates
Taiwan Mobile @eexex Event Updates
Slide 13: Event Updates
Event Updates 2017 Earnings Distribution On April 27, 2018, TWM’s board meeting approved the proposal to distribute NT$15.2bn in cash dividends, translating into a 107% payout to shareholders. Dividend per share is NT$5.6 on 2.72bn shares, excluding treasury shares held by 100%-owned subsidiaries. S
Slide 14: Awards and Recognition
Awards and Recognition Received the “Silver Class Sustainability Award” in the category of global telecom industry in RobecoSAM’s 2018 Sustainability Yearbook. Selected as a constituent of the ECPI INDEX CERTIFICATE 2017. 14
Slide 15: Key Message
Key Message In order to deliver satisfactory returns to our shareholders, sustaining the stability of free cash flow generations and adding differentiation to strengthen our market foothold remain our main focuses. 15
Slide 16: Q&A
@ Q&A 16