Hutchison Telecommunications (Australia) Ltd
Hutchison Telecommunications (Australia) — FY2007 Earnings Presentation
14 slides from Hutchison Telecommunications (Australia)'s earnings presentation, Feb 26, 2008
Slide 1: Hutchison Telecommunications (Australia) Limited 2007 Full Year Results
Hutchison Telecommunications (Australia) Limited 2007 Full Year Results Nigel Dews Chief Executive Officer 26 February 2008
Slide 2: Financial Highlights
Financial Highlights • Total revenue of $1.3 billion, up $260 million, or 24.6% • Total margin $911.9 million, up 29.5% • Average monthly margin increased to $76 million from $58.6 million • EBITDA $114 million, an increase of $84 million • Net loss $285 million, a $474 million improvement • Interes
Slide 3: Operating Highlights
Operating Highlights • Total 1,578,000 customers, an increase of 27%. Net adds of 333,000 for the full year, 173,000 in the half year • 89% of base postpaid • Churn level low and steady - 1.1% • Mobile Broadband subscribers reached 195,000, up 138% for the half year • 767,000 customers with at least
Slide 4: Key Financials
Key Financials Full Year to Full Year to ($million) Change 31 Dec 07 31 Dec 06 Total revenue 1,318.7 1,058.7 24.6% Service revenue 1,172.0 924.9 26.7% EBIT (loss) (123.9) (494.6) 74.9% EBITDA 114.0 30.2 277.5% NPAT (loss) (285.1) (759.4) 62.5% CAPEX 268.0 203.8 31.5% Net debt 1,066.9 3,573.8 70.1% I
Slide 5: Mobile Customer Base
3 Mobile Customer Base (Mobile Customers '000) 1,578 1,405 1,245 1,044 654 2H05 1H06 2H06 1H07 2H07 Continued strong growth 5
Slide 6: Service Revenue
3 Service Revenue ($million) 615 541 489 360 265 2H05 1H06 2H06 1H07 2H07 36% increase in full year service revenue 6
Slide 7: Margin and ARPU
Margin and ARPU* $67 $67 $69 $69 $65 $51 $52 $48 $48 $49 ARPU Margin 2H05 1H06 2H06 1H07 2H07 Margin increase despite 40% fall in termination rates * Blended ARPU and Margin 7
Slide 8: Non-voice ARPU
Non-voice ARPU $19 $19 SMS $18 3G services $17 $17 $11 $11 $10 $10 $10 $8 $8 $8 $7 $7 2H05 1H06 2H06 1H07 2H07 Maintaining lead in 3G services ARPU 3G services includes all non-voice services with the exception of SMS 8
Slide 9: Non-voice usage
Non-voice usage Planet 3 content penetration* 64% • 120 million content events in 2007: 56% 53% • Over 1.65 million games downloaded • Over 5.7 million music events • Billed content events: 767,000 customers per month in 2H07, up from 635,000 in 1H07 • 195,000 Mobile Broadband subscriptions, up 138%
Slide 10: Running Operating Expenditure
Running Operating Expenditure ($million) 430 414 371 354 321 191 213 Variable Costs 174 191 161 112 78 83 56 42 54 58 56 59 53 Fixed Costs 28 27 28 25 33 21 36 34 34 43 2H05 1H06 2H06 1H07 2H07 Other Adv & Promotion Employee Benefits Expense Net Handset Costs Direct Telecommunication 4% increase hal
Slide 11: Customer Acquisition Costs
3 Customer Acquisition Costs $377 $284 $276 $265 $251 2H05 1H06 2H06 1H07 2H07 CAC reduced despite highly aggressive market 11
Slide 12: CAPEX
CAPEX ($million) 133 59 2H 119 1H 148 135 85 2005 2006 2007 Capacity build to support strong customer growth 12
Slide 13: 2008 Outlook
2008 Outlook • Continued strong growth in a highly aggressive environment • Further development of Mobile Broadband • Maintain leadership in non-voice service innovation and usage • Maintain focus on customer satisfaction to keep churn low • Network upgrade in line with availability of handsets and
Slide 14: Hutchison Hi Telecoms
EN Hutchison Hi Telecoms
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