Deutsche Telekom AG · XETR:DTE
Deutsche Telekom — Q2 2005 Earnings Presentation
96 slides from Deutsche Telekom's earnings presentation, August 2005
Slide 1: Backup Q2 2005
Backup Q2 2005. Deutsche Telekom Investor Relations, Bonn office Phone +49 228 181 - 8 88 80 Fax +49 228 181 - 8 88 99 E-Mail investor.relations@telekom.de Investor Relations, New York office Phone +1 212 424 2926 Phone + 1 877 DT SHARE (toll-free) Fax +1 212 424 2986 E-Mail investor.relations@usa.t
Slide 2: Content
Content. At a glance...............................................................3--4 Excellent market position........................................... 5 Group Broadband/Fixed Net ..........................................26 Adjusted P&L....................................................... 7
Slide 3: At a Glance I
At a Glance I. € million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2 /05 % Q2/04 H1/04 H1/05 %H1/04 Total Revenue Broadband/Fixedline 6,809 6,609 6,651 27,010 6,638 6,489 -4.7% 13,750 13,127 -4.5% T-Com 6,470 6,254 6,278 25,601 6,304 6,119 -5.4% 13,069 12,423 -4.9% T-Online 499 486 538 2,012 509 522 4.6% 988 1
Slide 4: At a Glance II
At a Glance II. € million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2 /05 % Q2/04 H1/04 H1/05 %H1/04 EBITDA Margin excluding special influences Broadband/Fixedline 37.8% 37.8% 37.7% 37.7% 37.9% 37.6% -0.2%p 37.6% 37.8% 0.2%p T-Com 37.7% 37.7% 38.8% 38.0% 38.6% 38.8% 1.1%p 37.7% 38.7% 1.0%p T-Online 25.9% 28.0%
Slide 5: Excellent market position
Excellent market position. Delta q.o.q. Delta y.o.y. Delta% Delta% m illion 1 30/06/04 30/09/04 31/12/04 31/03/05 30/06/05 abs. % abs. % 2 Broadband lines total 4.9 5.4 6.1 6.7 7.1 0.4 6.0% 2.2 44.9% 6.0% 44.9% of which Germany3 4.7 5.2 5.8 6.4 6.7 0.3 4.7% 2.0 42.6% 4.7% 42.6% of which resale4 0.0
Slide 6: DT-Group
DT-Group. Content Adjusted P&L 7 ................................................................................................................................................ Unadjusted P&L 8 .........................................................................................................
Slide 7: Group P&L excluding special influences
Group P&L excluding special influences. € million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2 /05 % Q2/04 H1/04 H1/05 %H1/04 Net revenue 14,377 14,353 14,740 57,360 14,376 14,748 2.6% 28,267 29,124 3.0% Cost of sales -7,618 -7,514 -7,872 -30,223 -7,526 -7,642 -0.3% -14,837 -15,168 -2.2% Gross profit/loss from
Slide 8: Group P&L including special influences
Group P&L including special influences. € million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2 /05 % Q2/04 H1/04 H1/05 %H1/04 Net revenue 14,377 14,353 14,740 57,360 14,376 14,748 2.6% 28,267 29,124 3.0% Cost of sales -8,971 -7,515 -7,854 -31,559 -7,526 -7,649 14.7% -16,190 -15,175 6.3% Gross profit/loss from s
Slide 9: EBITDA reconciliation in DT Group
EBITDA reconciliation in DT Group. € million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 Net revenue 14,377 14,353 14,740 57,360 14,376 14,748 Net incom e/loss 577 -1,359 1,714 1,564 1,010 943 + Income /loss applicable to minority shareholders 122 135 39 426 123 121 = Income /loss after taxes 699 -1,224 1,7
Slide 10: Special influences in Group P&L
Special influences in Group P&L. € million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 Net revenue 0 0 0 0 0 0 Cost of sales -1,353 -1 18 -1,336 0 -7 Gross profit/loss from sales -1,353 -1 18 -1,336 0 -7 Selling costs 0 -1 -23 -24 0 -21 General administrative costs 0 -14 -123 -137 -7 -7 Other operating inco
Slide 11: Special influences I
Special influences I. € million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 Effect on Operating expenses -1,353 -2,537 -62 -4,021 -20 -47 - of which unscheduled write-downs on FCC-licences and on goodwill of T-Mobile USA -1,353 92 -1,261 - of which unscheduled write-down on goodwill of T- Mobile UK -2,225 -
Slide 12: Special influences II
Special influences II. € million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 Effect on Financial incom e 92 0 1,138 1,230 21 0 - of which sale of EUTELSAT, MTS, SES, Intelsat 92 1,138 1,230 21 Effect on Incom e before taxes -1,186 -2,528 1,076 -2,707 1 -6 Effect on Tax 541 17 -9 559 7 0 - of which sale of M
Slide 13: Change in the scope of consolidation. Current quarter
Change in the scope of consolidation. Current quarter. MINUS PLUS 1 5 reported reported Acquisition effects Deconsolidation effects Delta % num bers num bers Business Business Total Pro forma Pro form a Q2-05 Total Mobile 2 BB/FN 3 Total € m illion Q2/04 Q2/05 Cust. 4 Cust. 6 effect Q2-2005 Reported
Slide 14: Change in the scope of consolidation. First half year
Change in the scope of consolidation. First half year. MINUS PLUS 1 5 reported reported Acquisition effects Deconsolidation effects Delta % num bers num bers Business Business Total Pro forma Pro form a H1-05 Total Mobile 2 BB/FN 3 Total € m illion H1/04 H1/05 Cust. 4 6 Cust. effect H1-2005 Reported
Slide 15: Consolidated balance sheet. Assets
Consolidated balance sheet. Assets1. € billion 30/06/04 30/09/04 31/12/04 31/03/05 30/06/05 % Q2/04 Current assets 19.5 18.1 18.8 19.2 15.8 -19.1% Cash and cash equivalents 6.3 5.8 8.0 6.3 3.9 -37.9% Trade and other receivables 7.6 7.2 6.7 7.1 7.4 -2.0% Current recoverable income taxes 0.4 0.3 0.3 0
Slide 16: Consolidated balance sheet. Equity and liabilities
Consolidated balance sheet. Shareholders‘ equity and liabilities1. € billion 30/06/04 30/09/04 31/12/04 31/03/05 30/06/05 % Q2/04 Liabilities Current liabilities 29.1 28.3 26.0 25.0 24.3 -16.5% Current financial liabilities 16.8 16.0 12.5 12.3 11.5 -31.6% Trade and other payables 5.3 5.0 6.1 5.2 5.5
Slide 17: Balance sheet. Equity ratio and gearing further improved
Balance sheet. Equity ratio and gearing further improved. € billion H1 2005 H1 2004 Assets 127.4 132.2 Equity 46.7 46.3 Equity ratio1 36.7% 35,0% Net debt 44.5 47.1 Gearing2 0.95 x 1.02 x 1 Shareholders’ equity divided by balance sheet total. Calculated on exact figures. 2 Net debt divided by shareh
Slide 18: Maturity profile
Maturity profile. Bonds and Medium Term Notes (MTN) maturities as of June 30th, 2005 (€ billion) 14 For detailed information on Bonds, 12 Medium Term Notes and the Mandatory Convertible Bond such as: 10 9.7 Principal amount Currency 8 Maturity date Coupon 6 5.0 4.9 ISIN Code Documentation
Slide 19: Debt to net debt reconciliation
Debt to net debt reconciliation. Delta Delta € m illion 30/06/04 30/09/04 31/12/04 31/03/05 30/06/05 Q2 vs. Q1 y.o.y. Bonds 46,559 43,347 39,458 41,921 40,732 -2.8% -12.5% Other financial liabilities 8,539 8,430 9,013 8,927 8,905 -0.2% 4.3% Gross debt based on underlying IFRS figures 55,098 51,777 4
Slide 20: Cash Capex
Cash Capex1. € m illion Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 %Q2/04 H1/04 H1/05 %H1/04 BB/FN 478 499 775 2,122 396 540 13.0% 848 936 10.4% T-Mobile 767 697 789 3,078 2,505 1,007 31.3% 1,592 3,512 120.6% Business Customers 211 193 229 757 132 168 -20.4% 335 300 -10.4% GHS 128 133 201 518 56 118 -7.8%
Slide 21: Free cash flow
Free cash flow1. € million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 %H1/04 Net profit/loss 577 -1,359 1,714 1,564 1,010 943 63.4% 1,209 1,953 61.5% Income applicable to minority shareholders 122 135 39 426 123 121 -0.8% 252 244 -3.2% Incom e/loss after taxes 699 -1,224 1,753 1,990 1,
Slide 22: Personnel
Personnel1. Delta y.o.y. End of period 30/06/04 30/09/04 31/12/04 31/03/05 30/06/05 abs. % BBFN 114,991 116,379 114,083 112,333 113,341 -1,650 -1.4% T-Com 112,049 113,376 111,079 109,206 110,157 -1,892 -1.7% T-Online 2,942 3,003 3,004 3,127 3,184 242 8.2% T-Mobile 47,652 48,164 47,797 49,034 49,466
Slide 23: Exchange rates
Exchange rates. End of period. € 30/06/04 30/09/04 31/12/04 31/03/05 30/06/05 1 US-Dollar (USD) 0.82251 0.81077 0.73320 0.77167 0.82967 1 British Pound (GBP) 1.49010 1.45817 1.41624 1.45287 1.48745 100 Czechs Koruna (CZK) 3.14684 3.15847 3.29045 3.32381 3.31807 100 Croatian Kuna (HRK) 13.61490 13.19
Slide 24: Notes
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Slide 25: Notes
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Slide 26: Broadband/Fixed Net
Broadband/Fixed Net. Content Key figures adjusted for special influences 27 ....................... EBITDA reconciliation 28 ........................................................................................................ Key figures unadjusted 29 ............................................
Slide 27: Broadband/Fixed Net adjusted for special influences
Broadband/Fixed Net adjusted for special influences. € million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % Q2/04 H1/04 H1/05 %H1/04 Total revenue 6,809 6,609 6,651 27,010 6,638 6,489 -4.7% 13,750 13,127 -4.5% T-Com 6,470 6,254 6,278 25,601 6,304 6,119 -5.4% 13,069 12,423 -4.9% T-Online 499 486 538 2,012 5
Slide 28: EBITDA reconciliation in Broadband/Fixed Net
EBITDA reconciliation in Broadband/Fixed Net. € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 Total revenue 6,941 6,809 6,609 6,651 27,010 6,638 6,489 Operating results = EBIT 1,477 1,455 1,296 1,317 5,545 1,506 1,417 - Depreciation and amortization -1,082 -1,122 -1,181 -1,023 -4,408 -1,011 1,01
Slide 29: Broadband/Fixed Net unadjusted
Broadband/Fixed Net unadjusted. € million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % Q2/04 H1/04 H1/05 %H1/04 Total revenue 6,809 6,609 6,651 27,010 6,638 6,489 -4.7% 13,750 13,127 -4.5% T-Com 6,470 6,254 6,278 25,601 6,304 6,119 -5.4% 13,069 12,423 -4.9% T-Online 499 486 538 2,012 509 522 4.6% 988 1,031
Slide 30: Special influences affecting Broadband/Fixed Net
Special influences affecting Broadband/Fixed Net. € million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 Effect on EBITDA 0 -18 -169 -220 0 -8 - of which charges on sale of cable -37 -37 - Transfer payments to Vivento -2 -2 -3 - Accruals for redundancy payments -33 - Accruals for personal related restructuri
Slide 31: T-Com – new structure. Key operational performance
T-Com – new structure. Key operational performance. € million1 30/06/04 30/09/04 31/12/04 31/03/05 30/06/05 q.o.q.% y.o.y.% Broadband lines in operation 4.9 5.4 6.1 6.7 7.1 6.0% 44.9% National DSL2,4 4.7 5.2 5.8 6.4 6.7 4.7% 42.6% Resale6 0.0 0.1 0.2 0.5 0.7 40.0% n.a. Central Eastern Europe 0.2 0.2
Slide 32: T-Com Central Eastern Europe – key financial figures
T-Com Central Eastern Europe (CEE) – fixed network only Key financial figures.1 € million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 y.o.y.% H1/04 H1/05 y.o.y.% 2 Total Central Eastern Europe Total revenue 645 636 634 2,532 614 638 -1.1% 1,262 1,252 -0.8% Total adj. EBITDA 254 264 227 1,011 267 255 0.4% 52
Slide 33: T-Com CEE – key financial figures in local currency
T-Com Central Eastern Europe (CEE) – fixed network only. Key financial figures in local currency.1 million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 y.o.y.% H1/04 H1/05 y.o.y.% 2, 3 Magyar Telekom (MT) (in HUF) Revenue 89.730 85.071 84.326 347.012 81.769 86.312 -3.8% 177.615 168.081 -5.4% Adj. EBITDA 31.8
Slide 34: T-Com Domestic – Revenue split
T-Com Domestic – new structure. Revenue split. € million Q1/04 Q2/04 FY/04 Q1/05 Q2/05 y.o.y.% H1/04 H1/05 y.o.y.% Revenue Total 5.982 5.825 23.069 5.690 5.481 -5.9% 11.807 11.171 -5.4% Network Communications 3.640 3.593 14.406 3.548 3.466 -3.5% 7.233 7.014 -3.0% Thereof narrowband access 1.998 2.01
Slide 35: T-Com Domestic – Call development
T-Com Domestic – Call development Call Minutes, Call prices, Call revenues.1,2 Q1/04 Q2/04 FY/04 Q1/05 Q2/05 y.o.y.% H1/04 H1/05 y.o.y.% Minutes (billion)3 Total 34.1 30.5 124.0 30.0 28.3 -7.2% 64.5 58.2 -9.8% City/Local 20.7 18.0 73.6 17.9 16.5 -8.3% 38.6 34.4 -10.9% Long Distance 10.5 9.6 38.9 9.4
Slide 36: T-Com – Personnel development
T-Com – new structure. Personnel development1. -5,868 116,025 -2,238 -2,708 111,079 +186 -2,059 +567 110,157 +384 109,206 Germany Germany Germany Germany 87.896 85.658 85.844 86.228 YE '03 Germany 2 CEE YE '04 Germany 2 CEE Q1'05 Germany 2 CEE 3 Q2'05 1 Number of employees at the end of each period
Slide 37: BBFN Domestic. Consumer tariffs
BBFN Domestic. Consumer tariffs BB/FN including VAT.1 Telephone -A c c es s Monthly fee 2 C ity 3 Ge rm a ny 3 Mobile 3 Interna tiona l Æ e weekend Æ e weekend Call Plus 15,95 3,9 1,5 1,5 4,9 2,9 2,9 from 23,2 Inter na tiona l ta r iffs T -N et Call Time 19,95 3,1 1,5 1,5 4,6 2,6 2,6 from 23,2 XXL 2
Slide 38: T-Com – TAFF tariffs and calling plans
T-Com – new structure. TAFF tariffs - started 1 March 2005 - and calling plans. Additional tariffs Tariffs Call Plus Call Time Call XXL XXL Freetime Call XXL Local Country Select Characteristics Favorable 120 0 Cent 0 Cent Local flat 2,9 Cent/min monthly fee free minutes weekend off peak rate for 9,
Slide 39: T-Com. Overview interconnection tariffs
T-Com. Overview interconnection tariffs (excl. VAT). Peak Peak Off-Peak Off-Peak Cent/min. (9:00-18:00), old (9:00-18:00), new1 (18:00-9:00), old (18:00-9:00), new1 Termination/Origination fees Local 0.65 0.59 0.44 0.40 Single transit 1.07 0.96 0.71 0.64 Double transit national 1.86 1.52 1.22 0.99 T
Slide 40: Notes
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Slide 41: Notes
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Slide 42: T-Mobile
T-Mobile. Content Key figures adjusted for special influences 43 ....................................................... EBITDA reconciliation 44 ........................................................................................................................................ Key figures unadj
Slide 43: T-Mobile segment adjusted for special influences
T-Mobile segment adjusted for special influences. € m illion Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Total revenue 6,649 6,914 6,692 26,527 6,746 7,197 8.2% 12,921 13,943 7.9% Net revenue 6,372 6,663 6,449 25,450 6,531 6,962 9.3% 12,338 13,493 9.4% ARPU revenue 5,792 5,996
Slide 44: EBITDA reconciliation in T-Mobile segment
EBITDA reconciliation in T-Mobile segment. € m illion Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 H1/04 H1/05 Total revenue 6,649 6,914 6,692 26,527 6,746 7,197 12,921 13,943 Results from ordinary business activities 36 -846 1,179 1,510 966 1,263 809 -522 - Depreciation and amortization -2,166 -3,215 -887 -
Slide 45: T-Mobile segment unadjusted
T-Mobile segment unadjusted. € m illion Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Total revenue 6,649 6,914 6,692 26,527 6,746 7,197 8.2% 12,921 13,943 7.9% Net revenue 6,372 6,663 6,449 25,450 6,531 6,962 9.3% 12,338 13,493 9.4% EBITDA 2,202 2,369 2,066 8,463 2,102 2,443 10.
Slide 46: Special influences affecting T-Mobile segment
Special influences affecting T-Mobile segment. € m illion Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 H1/04 H1/05 Effects on EBITDA 75 -5 -2 68 -9 -38 75 -47 - of which subsequent proceeds from sale of Virgin Mobile 75 75 75 - of which Vivento -5 -2 -7 -2 -1 - of which restructuring -7 -37 Effects on Operat
Slide 47: Save for growth – delivering on our promises
Save for growth – delivering on our promises Program shows first financial tangible results June saving projection shows that we are well on track to deliver our saving target of € 1.0 bn in 2006 Already € 0.6 bn savings in FY 2005, of which approx. € 0.4 bn will be/ has been reinvested in growt
Slide 48: T-Mobile segment. Customer data
T-Mobile segment. Customer data. '000 (end of period) Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Germany 27,059 27,358 27,471 27,471 27,560 28,183 4.2% 27,059 28,183 4.2% USA 15,394 16,295 17,314 17,314 18,271 19,244 25.0% 15,394 19,244 25.0% United Kingdom1 14,899 15,207 15,7
Slide 49: Consumer Voice. Subsidies down, Usage up
Consumer Voice. Subsidies down, Usage up. new Relax eco Mates Rates No subsidies – cheap minutes D UK new Unlimited option UFix tariff Fixed price every month - unlimited calls; Fixed allowance of minutes & texts Choice of weekend, freetime, fixed line D for a fixed price every month UK new Xtra Cli
Slide 50: T-Mobile Germany Key operating and financial data
T-Mobile Germany Key operating and financial data. '000 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Customers (end of period) 27,059 27,358 27,471 27,471 27,560 28,183 4.2% 27,059 28,183 4.2% - Contract 13,005 13,333 13,492 13,492 13,579 13,878 6.7% 13,005 13,878 6.7% - Prepay
Slide 51: Voice: Attractive Consumer Tariffs
Voice: Attractive Consumer Tariffs. Relax D Start 50 100 200 500 20 minutes incl. 50 minutes incl. 100 minutes incl. 200 minutes incl. 500 minutes incl. Standard Standard Standard Standard 7,5 € per month 15 € per month 25 € per month 50 € per month 100 € per month eco eco eco eco 7,5 € per month 15
Slide 52: Voice: Xtra Click&Go – cheap prepaid tariff
Voice: Xtra Click&Go – cheap prepaid tariff; available only via e-channel new Xtra Click&Go D Price per Card € 19,95 Bonus included € 10,00 On-net € 0,15/Min launch 1.8.05 to other networks € 0,30/Min Fixed line € 0,30/Min Mailbox € 0,00/Min SMS € 0,15 Increment 60/1 PhoneTime 3 month MessageTime 3
Slide 53: Voice: Transparency and Cost Control for Teens & Parents
Voice: Transparency and Cost Control for Teens & Parents. CombiCard Teens D Monthly pocket- € 10 € 25 € 50 money budget Activation fee € 19,85 including € 10 calling credit MRC €0 The CombiCard Teens experience: Reliability: Fixed monthly calling credit for kids – no “bill shock” Inspiration: Fi
Slide 54: T-Mobile USA Key operating and financial data
T-Mobile USA Key operating and financial data. '000 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Customers (end of period) 15,394 16,295 17,314 17,314 18,271 19,244 25.0% 15,394 19,244 25.0% - Contract 13,720 14,528 15,341 15,341 16,115 16,796 22.4% 13,720 16,796 22.4% - Prepay
Slide 55: T-Mobile USA (IFRS). Key financial data in US$
T-Mobile USA (IFRS). Key financial data in US$. US$ Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Total revenues (million) 2,790 3,004 3,176 11,538 3,407 3,598 28.9% 5,358 7,005 30.7% Service Revenue (million) 2,373 2,516 2,643 9,655 2,736 2,917 22.9% 4,496 5,653 25.7% EBITDA (mi
Slide 56: T-Mobile UK Key operating and financial data
T-Mobile UK Key operating and financial data. '000 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. 1 Customers (end of period) 14,899 15,207 15,726 15,726 16,117 16,055 7.8% 14,899 16,055 7.8% - Contract 2,858 2,940 2,997 2,997 3,078 3,090 8.1% 2,858 3,090 8.1% - Prepay1 12,041 12,
Slide 57: Voice Prepay: Launch Proposition for Mobile Youth Segment
Voice Prepay: Launch unique Proposition targeted at Mobile Youth Segment new Mates Rates UK ‘Mates Rates’ No Strings Great Rates Flexibility No qualifying Call other T-Mobiles Credit lasts 180 days conditions for 5p all day any day (not 30 day as ‘3’) unlike other networks “ INSTANT GRATIFICATON “
Slide 58: Voice: Attractive Cost Control Tariff
Voice: Attractive Cost Control Tariff. UFix UK £20 MRC £30 MRC UFix all day 75mins + 25texts 150mins + 75 texts UFix off peak 400mins + 50 texts 1000mins + 100 texts The Ufix experience: Reliability: No „bill shock“ – fixed allowance of minutes and text for a fixed price every month. Possibility t
Slide 59: T-Mobile Netherlands Key operating and financial data
T-Mobile Netherlands Key operating and financial data. '000 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Customers (end of period) 2,224 2,253 2,261 2,261 2,222 2,250 1.2% 2,224 2,250 1.2% - Contract 1,033 1,032 1,053 1,053 1,048 1,109 7.3% 1,033 1,109 7.3% - Prepay 1,190 1,221
Slide 60: Voice: T-Mobile PrePaid Bonus in the Netherlands
Voice: T-Mobile PrePaid Bonus in the Netherlands. NL Why T-Mobile PrePaid Bonus? A brand new PrePaid USP. Attract & retain valuable PrePaid customers. Proof of “Best Service Company” by showing our PrePaid customers that we appreciate them. How does T-Mobile PrePaid Bonus work? Who is T-Mobile
Slide 61: T-Mobile Austria Key operating and financial data
T-Mobile Austria Key operating and financial data. '000 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Customers (end of period) 2,015 2,004 2,042 2,042 2,041 2,047 1.6% 2,015 2,047 1.6% - Contract 946 950 985 985 989 997 5.4% 946 997 5.4% - Prepay 1,069 1,054 1,058 1,058 1,052 1,
Slide 62: Voice: Attractive e-business tariff
Voice: Attractive e-business tariff. Relax AT Relax light Relax Relax 100 Relax 200 Relax 400 Relax Plus 50 on-net min On-net for free 100 minutes incl. 200 minutes incl. 400 minutes incl. On-net & fix-net for free 9,5 € per month 17€ per month 27€ per month 34 € per month 34 € per month 42 € per mo
Slide 63: T-Mobile CZ Key operating and financial data
T-Mobile CZ Key operating and financial data. '000 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Customers (end of period) 4,075 4,130 4,360 4,360 4,390 4,463 9.5% 4,075 4,463 9.5% - Contract 1,003 1,050 1,105 1,105 1,128 1,178 17.5% 1,003 1,178 17.5% - Prepay 3,072 3,080 3,255 3
Slide 64: Voice: Attractive options for consumers
Voice: Attractive options for consumers. Relax CZ 30 80 250 500 30 minutes incl. 80 minutes incl. 250 minutes incl. 500 minutes incl. Up to 5 SIMs per Family Group Additional monthly fee per SIM Family option: Reduced prices for calls Cost check feature available Additional monthly fee (CZ
Slide 65: T-Mobile Hungary Key operating and financial data
T-Mobile Hungary Key operating and financial data. '000 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Customers (end of period) 3,913 3,989 4,032 4,032 4,052 4,081 4.3% 3,913 4,081 4.3% - Contract 1,053 1,112 1,163 1,163 1,192 1,227 16.5% 1,053 1,227 16.5% - Prepay 2,860 2,877 2,
Slide 66: T-Mobile Croatia Key operating and financial data
T-Mobile Croatia Key operating and financial data. '000 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Customers (end of period) 1,380 1,428 1,534 1,534 1,550 1,651 19.7% 1,380 1,651 19.7% - Contract 261 267 300 300 313 351 34.6% 261 351 34.6% - Prepay 1,119 1,161 1,234 1,234 1,23
Slide 67: T-Mobile Slovensko Key operating and financial data
T-Mobile Slovensko (Slovakia) Key operating and financial data. '000 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Customers (end of period) 1,740 1,807 1,915 1,915 1,885 1,904 9.4% 1,740 1,904 9.4% - Contract 517 563 647 647 663 714 38.0% 517 714 38.0% - Prepay 1,223 1,244 1,267
Slide 68: Mobimak (Macedonia) Key operating and financial data
Mobimak (Macedonia) Key operating and financial data. '000 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % y.o.y. H1/04 H1/05 % y.o.y. Customers (end of period) 623 693 752 752 777 800 28.4% 623 800 28.4% - Contract 107 113 119 119 122 125 16.9% 107 125 16.9% - Prepay 516 580 634 634 655 675 30.7% 516 675 30.
Slide 69: web'n'walk – T-Mobile launches open mobile internet
web’n’walk T-Mobile launches open mobile internet. T-Mobile transfers Internet experience on PCs to cell phones. Handsets optimised for internet browsing: Easy spontaneous access to the World Wide Web with Sidekick II, MDA compact, Nokia 6680 and the new SDA model. Fast, user-friendly surfing
Slide 70: Sidekick II
Sidekick II Your ‘instant email on the go’ device. Optimized HTML-browsing supported by smart scroll bar Special compression procedure makes it possible retrieve and display internet sites even faster. Triband: 900, 1800, 1900 MHz Voice, SMS, MMS, E-mail, IM (AOL, Yahoo) VGA camera with fl
Slide 71: MDA Family: MDA compact
MDA Family: MDA compact Your ‘cool design – smart services’ device. Most stylish Windows Mobile 2003 with appropriate Phone user experience HTML-Browsing and MS-Mediaplayer ensures excellent Multimedia experience 1.3 Megapixel Camera Tri-Band: 900, 1800, 1900 MHz, Bluetooth Voice, SMS, MMS
Slide 72: Selection of 3G devices: Nokia 6680
Selection of 3G devices : Nokia 6680 Your ‘see and be seen’ device. 2 cameras (1x 1,3 MegaPixel and 1 x VGA) with Flash LED 2 way Videotelephony (2 cameras) Web browsing and video streaming with broadband speed Triband: 900, 1800, 1900, EDGE, WCDMA and Bluetooth Always-on email client with
Slide 73: MDA Family: MDA Pro
MDA Family: MDA Pro Your ‘mini notebook’ device. 3,6‘‘ VGA TFT-LCD display unique pivoting communicator (PDA & mini notebook mode) UMTS dual mode, Tri-Band: 900, 1800, 1900 MHz, Bluetooth and WLAN 128 MB ROM plus 64 MB RAM plus MMC Voice, SMS, MMS, Video, Outlook E-mail, IM (MSN), Blackber
Slide 74: HSDPA Highspeed UMTS
HSDPA Highspeed UMTS. High-speed UMTS: T-Mobile brings mobile data transmission up to DSL speed with HSDPA technology. Bandwidths of up to 1.8 megabits per second will be available in T-Mobile's UMTS network from CeBIT 2006. Pilot tests of high-speed UMTS to begin in fall of 2005. Broadband
Slide 75: Notes
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Slide 76: Notes
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Slide 77: Notes
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Slide 78: Business Customers
Business Customers. Content Key figures adjusted for special influences ....................... 79 EBITDA reconciliation ........................................................................................................ 80 Key figures unadjusted ................................................
Slide 79: Business Customers adjusted for special influences
Business Customers adjusted for special influences. € million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % Q2/04 H1/04 H1/05 % H1/04 Total revenue 3,272 3,169 3,441 12,957 3,124 3,206 -2.0% 6,347 6,330 -0.3% Net revenue 2,327 2,200 2,505 9,241 2,253 2,281 -2.0% 4,536 4,534 0.0% EBITDA 426 453 365 1,638 396
Slide 80: EBITDA reconciliation in Business Customers
EBITDA reconciliation in Business Customers . € million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 Total revenue 3,272 3,169 3,441 12,957 3,124 3,206 Operating results = EBIT 140 214 57 570 180 184 - Depreciation and amortization -243 -234 -238 -947 -215 -221 = EBITDA 383 448 295 1,517 395 405 EBITDA margi
Slide 81: Business Customers unadjusted
Business Customers unadjusted. € million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % Q2/04 H1/04 H1/05 % H1/04 Total revenue 3,272 3,169 3,441 12,957 3,124 3,206 -2.0% 6,347 6,330 -0.3% Net revenue 2,327 2,200 2,505 9,241 2,253 2,281 -2.0% 4,536 4,534 0.0% EBITDA 383 448 295 1,517 395 405 5.7% 774 800 3.4
Slide 82: Special influences affecting Business Customers
Special influences affecting Business Customers . € million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 Effect on EBITDA -43 -5 -70 -121 -1 -5 -of which restructuring provisions -53 -56 - of which transfer payment Vivento -43 -14 -17 -74 -1 -5 - of which gain of sale of cc-chemplorer 9 9 Effect on Operating
Slide 83: Business Customers. Summary and geographical breakdown
Business Customers. Summary and geographical breakdown. € million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % Q2/04 H1/04 H1/05 % H1/04 Total revenue 3,272 3,169 3,441 12,957 3,124 3,206 -2.0% 6,347 6,330 -0.3% thereof international 476 434 384 1,733 414 446 -6.3% 915 860 -6.0% Adj. EBITDA 426 453 365 1,6
Slide 84: Business Customers Enterprise Services. Summary
Business Customers Enterprise Services. Summary. € m illion Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % Q2/04 H1/04 H1/05 % H1/04 Total revenue 2,102 2,039 2,200 8,248 2,041 2,086 -0.8% 4,009 4,127 2.9% Adj. EBITDA 328 369 249 1,265 328 347 5.8% 647 676 4.5% Adj. EBITDA margin 15.6% 18.1% 11.3% 15.3% 16.1
Slide 85: Enterprise Services. Computing & Desktop Services
Business Customers Enterprise Services. Computing & Desktop Services. Financial (€ m illion) Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % Q2/04 H1/04 H1/05 % H1/04 Total revenue 1,180 1,169 1,186 4,590 1,158 1,157 -1.9% 2,236 2,315 3.5% Adj. EBITDA 265 288 188 999 265 314 18.5% 523 579 10.7% Adj. EBITDA ma
Slide 86: Enterprise Services. Systems Integration
Business Customers Enterprise Services. Systems Integration. Financial (€ m illion) Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % Q2/04 H1/04 H1/05 % H1/04 Total revenue 394 377 517 1,657 386 399 1.3% 763 785 2.9% Adj. EBITDA 37 53 34 162 41 22 -40.5% 75 63 -16.0% Adj. EBITDA margin 9.4% 13.9% 6.7% 9.8% 10.
Slide 87: Enterprise Services. Telecommunication
Business Customers Enterprise Services. Telecommunication. Financial (€ million) Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % Q2/04 H1/04 H1/05 % H1/04 Total revenue 527 493 497 2,000 497 531 0.8% 1,010 1,027 1.7% Adj. EBITDA 25 28 27 103 22 11 -56.0% 48 33 -31.3% Adj. EBITDA margin 4.8% 5.7% 5.5% 5.2% 4.4
Slide 88: Business Customers Business Services. Summary
Business Customers Business Services. Summary. € million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % Q2/04 H1/04 H1/05 % H1/04 Total revenue 1,170 1,129 1,242 4,709 1,083 1,120 -4.3% 2,338 2,203 -5.8% Adj. EBITDA 99 84 116 373 68 63 -36.4% 173 130 -24.9% Adj. EBITDA margin 8.5% 7.4% 9.2% 7.8% 6.3% 5.6% -2
Slide 89: Notes
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Slide 90: GHS
GHS. Content Key figures adjusted for special influences ....................... 91 EBITDA reconciliation ........................................................................................................ 92 Key figures unadjusted ...............................................................
Slide 91: Group Headquarters & Shared Services adjusted for special influences
“Group Headquarters & Shared Services” adjusted for special influences. € million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % Q2/04 H1/04 H1/05 % H1/04 Total revenue 882 887 891 3,526 853 883 0.1% 1,748 1,736 -0.7% Net revenue 69 57 72 260 65 66 -4.3% 131 131 0.0% EBITDA -165 -22 -274 -548 -72 -66 60.0% -
Slide 92: EBITDA reconciliation in Group Headquarters & Shared Services
EBITDA reconciliation in “Group Headquarters & Shared Services”. € million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 Total revenue 882 887 891 3,526 853 883 Operating results = EBIT -318 -238 -552 -1,432 -292 -231 - Depreciation and amortization -196 -237 -239 -876 -209 -211 = EBITDA -122 -1 -313 -556 -83
Slide 93: Group Headquarters & Shared Services unadjusted
“Group Headquarters & Shared Services“ unadjusted. € million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 % Q2/04 H1/04 H1/05 % H1/04 Total revenue 882 887 891 3,526 853 883 0.1% 1,748 1,736 -0.7% Net revenue 69 57 72 260 65 66 -4.3% 131 131 0.0% EBITDA -122 -1 -313 -556 -83 -20 83.6% -242 -103 57.4% - of wh
Slide 94: Special influences affecting Headquarters & Shared Services
Special influences affecting “Headquarters & Shared Services”. € million Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Q2/05 Effect on EBITDA 43 21 -39 -8 -11 46 - of which transfer payment Vivento 43 21 19 83 2 10 - Accruals for reduction of personnel, redundency payments and others -58 -91 -13 36 Effects on Opera
Slide 95: Vivento Measures. Implication of efficient processes
Vivento Measures. Implication of efficient processes. End of period 1 30/06/04 30/09/04 31/12/04 31/03/05 30/06/05 Transfers to Vivento (cum ulative) 27,000 30,450 31,800 32,500 33,000 Left Vivento (cumulative) 7,100 11,050 12,800 14,800 16,500 ² Em ployees in Vivento 19,900 19,400 19,000 17,700 16,
Slide 96: Glossary and Disclaimer
Glossary and Disclaimer. If not stated otherw ise, all numbers comply w ith the International Financial Reporting Standards (IFRS). This presentation contains non-GAAP financial measures, such as ... which is defined as ... EBIT Abbreviation for EARNINGS BEFORE INTEREST AND TAXES. EBIT is equivalent