Vodafone Qatar Qsc · QSE:VFQS

Vodafone Qatar Qsc — H1 FY2011 Earnings Presentation

23 slides from Vodafone Qatar Qsc's earnings presentation, Sep 30, 2010

  1. Slide 1: Vodafone Qatar Q.S.C. Results Presentation

    Half-Year Results Presentation | 30 September 2010 Vodafone Qatar Q.S.C. Results Presentation Half-Year to 30 September 2010 Confidentiality level on slide master Version number on slide master

  2. Slide 2: Disclaimer

    2 Half-Year Results Presentation | 30 September 2010 Disclaimer • The following presentation is made only to, and is directed only at, persons to whom such a presentation may lawfully be communicated (“relevant persons”). Any person who is not a relevant person should not act or rely on this present

  3. Slide 3: Agenda

    3 Half-Year Results Presentation | 30 September 2010 Agenda • Key Highlights • PBO & Update on Strategies • Customer Growth • Financial Highlights • Revenue • ARPU • EBITDA • EBIT • Capitalised Fixed Asset Additions • Debt • Shareholding Structure • Q3 FY11 Outlook • Condensed Statement of Income &

  4. Slide 4: Key Highlights

    4 Half-Year Results Presentation | 30 September 2010 Key Highlights • Connected Broadband to The Pearl in May Fixed Line • Commercial Broadband service launched at The Pearl 14 July 2010 • 100% geographic coverage of 2G & >98% population coverage of 3G • QR 28m capex brought forward for 2G & 3G impr

  5. Slide 5: Our Updated Purpose Based Organisation

    5 Half-Year Results Presentation | 30 September 2010 Our Updated Purpose Based Organisation is: Confidentiality level on slide master Version number on slide master

  6. Slide 6: Update on delivering to our five Strategies

    6 Half-Year Results Presentation | 30 September 2010 Update on delivering to our five Strategies: • Aggressively Compete to Grow in All Segments 19.5% Mobile Revenue Market Share for September quarter • Really Deliver an Awesome Customer Experience CDI & NPS scores improving • Actively Develop All T

  7. Slide 7: This slide is intentionally left blank

    7 Half-Year Results Presentation | 30 September 2010 This slide is intentionally left blank Confidentiality level on slide master Version number on slide master

  8. Slide 8: Mobile Customer Growth

    8 Half-Year Results Presentation | 30 September 2010 Mobile Customer Growth Quarterly Growth in Mobile Customers & Mobile Customer Market Share 700,000 22% * 23% 20% 600,890 600,000 18% Quarterly Mobile Customer Market Share Quarterly Mobile Customer Numbers 534,497 18% 500,000 464,962 14% 13% 400,0

  9. Slide 9: Financial Highlights

    9 Half-Year Results Presentation | 30 September 2010 Financial Highlights Financial Performance Half-Yearly Periods H2 FY09 H1 FY10 H2 FY10 H1 FY11 Mar-09 Sep-09 Mar-10 Sep-10 QARm QARm QARm QARm Total Revenue n/a 39.2 322.3 385.4 EBITDA (87.1) (156.1) (69.2) (31.9) EBIT (87.9) (347.4) 1 (327.2) 1 (

  10. Slide 10: Total Revenue: Growth in Half-Yearly Total Revenue

    10 Half-Year Results Presentation | 30 September 2010 Total Revenue (Fixed Line & Mobile) Growth in Half-Yearly Total Revenue 450 +20% 400 385 350 322 QAR (millions) 300 250 200 150 100 39 50 - H1 FY10 H2 FY10 H1 FY11 Confidentiality level on slide master Version number on slide master

  11. Slide 11: Total Revenue: Growth in Quarterly Total Revenue

    11 Half-Year Results Presentation | 30 September 2010 Total Revenue (Fixed Line & Mobile) Growth in Quarterly Total Revenue 250 +19% 210 200 178 176 QAR (millions) 145 150 100 50 36 3 - Q1 Jun-09 Q2 Sep-09 Q3 Dec-09 Q4 Mar-10 Q1 Jun-10 Q2 Sep-10 Confidentiality level on slide master Version number o

  12. Slide 12: Total Mobile ARPU

    12 Half-Year Results Presentation | 30 September 2010 Total Mobile ARPU Growth in Quarterly Total Mobile ARPU 114 112 112 110 +7% Quarterly ARPU (QAR) 108 106 104 104 102 101 100 98 96 94 Mar-10 Jun-10 Sep-10 Confidentiality level on slide master Version number on slide master

  13. Slide 13: EBITDA: Progress in Half-Yearly Adjusted EBITDA

    13 Half-Year Results Presentation | 30 September 2010 EBITDA Progress in Half-Yearly Adjusted EBITDA* - -20 -40 QAR (millions) -32 -60 -80 -67 -100 +53% -120 -140 -160 -180 -158 H1 FY10 H2 FY10 H1 FY11 Unadjusted EB ITDA -156 -69 -32 • Forecast first quarter of positive EBITDA by Q4 FY11 • Forecast

  14. Slide 14: EBITDA: Progress in Quarterly Adjusted EBITDA

    14 Half-Year Results Presentation | 30 September 2010 EBITDA Progress in Quarterly Adjusted EBITDA* - -10 -9 -20 -23 -30 -29 QAR (millions) -40 -39 -50 -60 -70 -73 -80 -90 -85 Q1 Jun-09 Q2 Sep-09 Q3 Dec-09 Q4 Mar-10 Q1 Jun-10 Q2 Sep-10 Q1 Jun-09 Q2 Sep-09 Q3 Dec-09 Q4 Mar-10 Q1 Jun-10 Q2 Sep-10 Unad

  15. Slide 15: EBIT: Progress in Half-Yearly Adjusted EBIT

    15 Half-Year Results Presentation | 30 September 2010 EBIT Progress in Half-Yearly Adjusted EBIT* -270 -280 -290 -300 QAR (millions) -300 -310 -320 -330 -318 +6% -340 -350 -360 -356 -370 H1 FY10 H2 FY10 H1 FY11 Unadjusted EB IT -347 -327 -300 *Quarterly EBIT has been adjusted to align the Vodafone G

  16. Slide 16: EBIT: Progress in Quarterly Adjusted EBIT

    16 Half-Year Results Presentation | 30 September 2010 EBIT Progress in Quarterly Adjusted EBIT* - -50 QAR (millions) -100 -150 -142 -152 -162 -156 -158 -200 -205 -250 Q1 Jun-09 Q2 Sep-09 Q3 Dec-09 Q4 Mar-10 Q1 Jun-10 Q2 Sep-10 Unadjusted -149 -199 -149 -178 -142 -158 EBIT *Quarterly EBIT has been ad

  17. Slide 17: Capitalised Fixed Asset Additions (Mobile only)

    17 Half-Year Results Presentation | 30 September 2010 Capitalised Fixed Asset Additions (Mobile only) Full Year Capex spend 600 524 500 389 400 QAR (millions) 300 200 168 100 82 Management forecast 0 FY 09 FY 10 H1 FY11 H2 FY11 • QAR 28m of capital expenditure brought forward from FY12 to FY11 for f

  18. Slide 18: Net Debt

    18 Half-Year Results Presentation | 30 September 2010 Net Debt Borrowings less Term Deposits 500 433 400 371 300 269 200 156 100 QAR (millions) - -34 -42 (100) (200) (300) -294 (400) -360 -407 (500) Sep-08 Dec-08 Mar-09 Jun-09 Sep-09 Dec-09 Mar-10 Jun-10 Sep-10 • Borrowing facility extended from US$

  19. Slide 19: Vodafone Qatar Shareholder Structure

    19 Half-Year Results Presentation | 30 September 2010 Vodafone Qatar Shareholder Structure Private institution of public Global Utility founded by Telecommunications HH Sheikh Hamad Bin Khalifa leader Al-Thani 51% 49% Founding Vodafone and Qatari Governmental Free float on Qatar Foundation Instituti

  20. Slide 20: Outlook Q3 FY11

    20 Half-Year Results Presentation | 30 September 2010 Outlook Q3 FY11 • Focus on customer acquisition to new segments – Qatari, Khaliji, Business • Increase distribution footprint for business customers • Commercial launch of Vodafone Money Transfer • Further enhancements to the mobile network (QAR

  21. Slide 21: Condensed Statement of Income and Cash Flows

    21 Half-Year Results Presentation | 30 September 2010 Condensed Statement of Income and Cash Flows – 6 months ended 30 Sep 10 Six months Six months Six months Six months ended ended September ended ended September September 2010 2009 September 2010 2009 QAR ‘000 QAR ‘000 QAR ‘000 QAR ‘000 Revenue 38

  22. Slide 22: Condensed Statement of Financial Position

    22 Half-Year Results Presentation | 30 September 2010 Condensed Statement of Financial Position – as at 30 Sep 2010 30 September 30 September 30 September 30 September 2010 2009 2010 2009 QAR ‘000 QAR ‘000 QAR ‘000 QAR ‘000 Non-current assets Equity Property, plant and equipment 954,205 832,283 Shar

  23. Slide 23: Contact Details

    23 Half-Year Results Presentation | 30 September 2010 Contact Details Rachael Mayo-Smith John Tombleson Head of Investor Relations Chief Financial Officer & Acting CEO M +974 777 5642 M +974 777 5835 E rachael.mayo-smith@vodafone.com E john.tombleson@vodafone.com Khalid Barzak Investor Relations Man

Vodafone Qatar Q.S.C. — H1 FY2011 Earnings Presentation on 6ix