Slide 1: Taiwan Mobile Co., Ltd. 2Q18 Results Summary
Taiwan Mobile Co., Ltd. 2Q18 Results Summary July 26, 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
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Slide 4: Telecom Business – Cash Flows Stand Out
Telecom Business – Cash Flows Stand Out Telecom Service Revenue Telecom EBITDA Pre-IFRS Reported Pre-IFRS Reported YoY -4% -3% YoY +13% +0.4% 2Q17 3Q17 4Q17 1Q18 2Q18 2Q17 3Q17 4Q17 1Q18 2Q18 Operating Cash Flow (NT$bn) Free Cash Flow (NT$bn) YoY +1% 15.4 15.0 15.5 YoY +7% 10.3 10.3 11.0 1H17 2H17 1
Slide 5: Growth Catalysts
Growth Catalysts Fixed Broadband Subs (K) MAU1 of myVideo (K) +185%YoY +6%YoY 1. MAU : monthly active users. 5
Slide 6: momo E-commerce – Crown Jewel
momo E-commerce – Crown Jewel Total Revenue (NT$bn) Total EBITDA (NT$bn) +30%YoY +19%YoY E-commerce as % of Total Revenue Mobile Commerce1 as % E-commerce Revenue 6 1. Mobile commerce : online retail sales made through mobile devices.
Slide 7: Financial Overview
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Slide 8: Performance by Business
Performance by Business Revenue EBITDA NT$bn Telecom CATV momo Total1 Telecom CATV momo Total1 2Q18 17.23 1.59 9.63 28.54 6.98 0.80 0.41 8.34 % of 60% 6% 34% 100% 84% 10% 5% 100% total 2Q18 -7% -1% 25% 3% 0% -3% 3% 1% YoY 1Q18 -6% -1% 34% 5% -5% -6% 37% -3% YoY 2Q18 YoY (Pre-IFRS 15) 13% 11% 1. The
Slide 9: Results Summary
Results Summary 2Q18 1H18 NT$bn % of Full % of 2Q Amount YoY Amount YoY year guidance guidance Revenues 28.54 3% 96% 58.85 4% 48% Operating Costs (19.59) 4% 93% (40.97) 6% 47% Operating (4.00) 0% 93% (8.19) 1% 47% Expenses Operating Income 4.95 1% 110% 9.68 -3% 54% Non-op. Income (0.12) 52% 200% (0.
Slide 10: Balance Sheet Analysis
Balance Sheet Analysis NT$bn 2Q18 1Q18 2Q17 NT$bn 2Q18 1Q18 2Q17 Total Assets 151.41 155.27 146.58 Liabilities 90.77 82.76 87.41 Current Assets 29.48 31.22 30.18 Current Liabilities 48.18 52.14 48.50 - Cash & Cash Equivalents 7.62 7.66 6.18 - ST Debts 9.77 28.27 10.16 - Receivable & Contract Assets
Slide 11: Cash Flow Analysis
Cash Flow Analysis NT$bn 2Q18 1Q18 2Q17 Operating Cash Flow 7.51 7.96 7.87 Investing Cash Flow (0.28) (2.16) (2.84) Financing Cash Flow (7.28) (4.76) (6.78) NT$bn 2Q18 1Q18 2Q17 Cash CAPEX1 (1.69) (2.76) (2.43) Free Cash Flow1 5.82 5.20 5.43 1. Excluding 4G License Fees 11
Slide 12: Event Updates
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Slide 13: Awards and Recognition
Awards and Recognition Honored with the 2018 CSR Model Award in the “Annual CSR Survey – Service Section” from Global Views Monthly. Ranked among the top 5% of listed companies in the “Corporate Governance Evaluation” for the fourth year in a row by the Taiwan Stock Exchange and Taipei Exchange. Rec
Slide 14: Key Message
Key Message The $499 unlimited SIM-only offering led to a customer spending pattern change in 2Q. Enhancing distribution efficiency and continuous rationalization of customer retention & acquisition costs remain our areas of focus. Our significant progress in cloud, AI and IoT businesses provides en
Slide 15: Q&A
Q&A 15