Hutchison Telecommunications (Australia) Ltd
Hutchison Telecommunications (Australia) — FY2001 Earnings Presentation
14 slides from Hutchison Telecommunications (Australia)'s earnings presentation, Feb 27, 2002
Slide 1: Hutchison Telecommunications (Australia) Limited 2001 Annual Results
Hutchison Telecommunications (Australia) Limited 2001 Annual Results Kevin Russell Chief Executive Officer 27 February 2002 1
Slide 2: Key Financial Data
Key Financial Data Full year Adjusted (*) Half year Full year $Million 31 Dec 2000 half year 31 Dec 2001 31 Dec 2001 30 June 2001 Orange Mobile 22.0 41.3 83.0 124.3 Revenue Total Operating 404.7 212.5 206.1 418.6 Revenue Operating -489.9 -275.2 -243.5 -518.7 Expenses EBITDA (**) -85.2 -77.5 -35.4 -1
Slide 3: A Busy Second Half Year
A Busy Second Half Year C Re-positioned Orange Mobile C Introduced non-subsidised handset plans C Discontinued sale of pre-paid product C Dealer channel outlets reduced by over 50% C Reduced reliance on door-to-door sales channel C Rationalised subscriber base C Reduced headcount C Sold GSM resale b
Slide 4: Orange Mobile Subscribers
Orange Mobile Subscribers 192,526 129,523 74,703 11,682 1st half 00 2nd half 00 1st half 01 2nd half 01 4
Slide 5: Churn
Churn 4.7% 3.6% Half year 30 Jun 01 Half year 31 Dec 01 Churn represents the average monthly churn of the Orange Mobile subscriber base for the period 5
Slide 6: SAC
SAC $445 $250 Half year 30 June 01 Half year 31 Dec 01 SAC represents the average direct costs, including commissions and handset subsidies (before capitalisation) associated with acquiring each new subscriber for the period 6
Slide 7: ARPU
ARPU $69 $66 Half year 30 June 01 Half year 31 Dec 01 ARPU represents the monthly average revenue per Orange Mobile post paid subscriber for the period 7
Slide 8: Headcount
Headcount 1585 1050 2G 3G 459 210 Half year 30 Jun 01 Half year 31 Dec 01 8
Slide 9: Clear Direction for 2G
Clear Direction for 2G C Position Orange Mobile as a leading value voice proposition along side premium 3G services and applications C Deliver positive EBITDA in the 2G business by Q4 2002 C Minimise 2G CAPEX in 2002 9
Slide 10: Funding
Funding C Refinanced debt facility via $425 million medium term note placement guaranteed by Hutchison Whampoa C Outstanding funding requirements $600 million equity contribution to 3G JV with TCNZ $2 billion project financing to meet peak debt requirements for 3G 10
Slide 11: 3G Progress
3G Progress Network Build C Acquired over 90% of required sites for metro launch including Lucent assets C Network design and implementation well underway C Global network testing 3G Platforms and Systems C Majority of platforms selected C First release of key systems being adopted C Commenced end-t
Slide 12: 3G Capital Expenditure
3G Capital Expenditure C Total CAPEX of $427 million $196 million for 2.1 GHz spectrum $63 million progress payment to Ericsson $168 million for site deployment and project development costs 12
Slide 13: Summary
Summary C Improved second half performance in 2G C Tracking to be EBITDA positive in 2G by Q4 2002 C Minimise 2G CAPEX in 2002 C 3G rollout plans on schedule C Key focus for 3G in 2002 Continued delivery of technical milestones Finalisation of financing arrangements Successful execution of distribut
Slide 14: Hutchison Telecoms
14 BB Hutchison HH Telecoms
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