KT Corporation · KRX:030200
KT — FY2016 Earnings Presentation
19 slides from KT's earnings presentation, Feb 1, 2017
Slide 1: KT FY2016 Earnings Release
KT FY2016 Earnings Release Investor Relations｜ 2017. 2. 1.
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by KT Corp.(the Company”). 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 change without notice. No pr
Slide 3: Contents
Contents 1 Financial Highlights 2 Business Overview 3 Q&A 4 Appendix
Slide 4: Financial Highlights: Income Statement
Financial Highlights 1-1 (Unit: KRW bn) K-IFRS / Consolidated Operating revenue 22,743.7bn, YoY +2.1% Service revenue 20,007.0bn, YoY +2.5% Operating income 1,440.0bn, YoY +11.4% Net income 797.8bn, YoY +26.4% EBITDA 4,785.2bn, YoY +3.3% Income Statement 4Q15 3Q16 4Q16 QoQ YoY 2015 2016 YoY Operatin
Slide 5: Financial Highlights: Operating Expenses
1-2 K-IFRS / Consolidated Financial Highlights Operating Expenses 21,303.7bn, YoY +1.5% Labor cost 3,477.6bn, YoY +5.3% General expenses 9,910.6bn, YoY +0.9% Cost of merchandise 3,437.5bn, YoY -5.4% Operating Expenses Marketing Expense 2,714.2bn, YoY -3.5% (Unit: KRW bn) (Unit: KRW bn) ※ KT Separate
Slide 6: Financial Highlights: Debt Position
Financial Highlights 1-3 K-IFRS / Consolidated (Unit: KRW bn) Debt Position Borrowings: 8,120.8bn Net Debt: 5,220.5bn Debt Ratio Debt to Equity: 139.1% Net Debt to Equity: 40.8% Debt/Equity Net Debt/Equity Financial Position 4Q15 3Q16 4Q16 QoQ YoY Assets 29,341.2 30,135.8 30,587.7 1.5% 4.2% Cash and
Slide 7: Financial Highlights: CAPEX
Financial Highlights 1-4 K-IFRS / KT Separate Total CAPEX 2016 Execution: 2,359.0bn Spent 94.4% to FY2016 Guidance CAPEX Breakdown Access Network: 1,132.6bn Backbone Network: 452.1bn B2B: 516.6bn Others: 257.7bn 2017 Guidance: KRW 2.4tn CAPEX (Unit: KRW bn)
Slide 8: Business Overview
1 Financial Highlights 2 Business Overview 3 Q&A 4 Appendix
Slide 9: Business Overview: Wireless
Business Overview 2-1 Wireless K-IFRS / Consolidated (Unit: 1,000) ※ Revenue of Handset Protection Plan to be excluded from Sep 2016. (Unit : KRW bn) 4Q15 3Q16 4Q16 QoQ YoY 2015 2016 YoY Wireless 1,875.1 1,884.1 1,803.1 -4.3% -3.8% 7,370.7 7,418.3 0.6% Service 1,651.8 1,675.4 1,659.8 -0.9% 0.5% 6,52
Slide 10: Business Overview: Wireline
Business Overview 2-2 K-IFRS / Consolidated Wireline revenue decreased 1.8% YoY Telephony Telephony revenue fell 11.4% YoY on line loss and MOU decline Broadband Backed by GiGA competitiveness net addition / revenue all exceeded our yearly target ‘16 GiGA subscribers reached 2.4m Broadband revenue u
Slide 11: Business Overview: Media / Contents
Business Overview 2-3 Media / Contents K-IFRS / Consolidated (Unit : 1,000) ※ Number of IPTV subscribers differ from MSIP’s release as MSIP number applies “Combined Market Share Regulation” under the IPTV law. (Average of KT’s pay TV subscribers as 1H of 2016(average subs for 6 months) are 5,468,540
Slide 12: Business Overview: Finance and Other service, Merchandise
Business Overview 2-4 Finance and Other service Merchandise K-IFRS / Consolidated (Unit : KRW bn) 4Q15 3Q16 4Q16 QoQ YoY 2015 2016 YoY Finance 983.4 866.4 881.1 1.7% -10.4% 3,411.0 3,427.8 0.5% Other service 510.9 539.8 583.6 8.1% 14.2% 1,911.0 2,170.9 13.6% IT/Solution 226.0 236.5 254.9 7.8% 12.8%
Slide 13: Q&A
1 Financial Highlights 2 Business Overview 3 Q&A 4 Appendix
Slide 14: Appendix
1 Financial Highlights 2 Business Overview 3 Q&A 4 Appendix
Slide 15: K-IFRS Quarterly Income Statements
K-IFRS Quarterly Income Statements 4-1 (Unit: KRW bn) Consolidated I/S 4Q 15 1Q 16 2Q 16 3Q 16 4Q 16 KT Separate I/S 4Q 15 1Q 16 2Q 16 3Q 16 4Q 16 Operating revenue 5,958.9 5,515.0 5,677.6 5,529.9 6,021.1 Operating revenue 4,448.6 4,200.9 4,203.5 4,101.6 4,522.9 Service Revenue 5,078.1 4,899.3 5,041
Slide 16: K-IFRS Yearly Income Statements
K-IFRS Yearly Income Statements 4-2 (Unit: KRW bn) Consolidated I/S 2014 2015 2016 YoY KT Separate I/S 2014 2015 2016 YoY Operating revenue 22,311.7 22,281.2 22,743.7 2.1% Operating revenue 17,435.8 16,942.4 17,028.9 0.5% Service Revenue 19,061.2 19,513.8 20,007.0 2.5% Service Revenue 14,202.1 14,30
Slide 17: K-IFRS Statement of Financial Position
K-IFRS Statement of Financial Position 4-3 (Unit: KRW bn) Consolidated 4Q 15 1Q 16 2Q 16 3Q 16 4Q 16 KT Separate 4Q 15 1Q 16 2Q 16 3Q 16 4Q 16 Asset 29,341.2 29,484.8 28,624.2 30,135.8 30,587.7 Asset 24,222.5 23,981.9 23,590.8 24,287.4 24,700.3 Current assets 8,583.2 9,436.3 8,838.8 10,105.2 9,643.3
Slide 18: Subscribers (KT Separate)
Subscribers (KT Separate) 4-4 ※ Number of IPTV subscribers differ from MSIP’s release as MSIP number applies “Combined Market Share Regulation” under the IPTV law. (Average of KT’s pay TV subscribers as 1H of 2016(average subs for 6 months) are 5,468,540.) Wireless 1Q 15 2Q 15 3Q 15 4Q 15 1Q 16 2Q 1
Slide 19: Thank you
Thank you