Kt Corporation · KRX:030200
Kt — Q3 2017 Earnings Presentation
18 slides from Kt's earnings presentation, Nov 1, 2017
Slide 1: KT 3Q17 Earnings Release
KT 3Q17 Earnings Release Investor Relations 2017. 11. 01.
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
K-IFRS / Consolidated 1-1 Financial Highlights Income Statement (Unit: KRW bn) Operating Revenue 3Q16 2Q17 3Q17 QoQ YoY KRW 5,827bn, (YoY) +5.4% Operating revenue 5,529.9 5,842.5 5,826.6 -0.3% 5.4% Service Revenue Service revenue 5,040.0 5,069.1 5,047.2 -0.4% 0.1% KRW 5,047bn, (YoY) +0.1% Merchandis
Slide 5: Financial Highlights: Operating Expenses
K-IFRS / Consolidated 1-2 Financial Highlights Operating Expenses (Unit : KRW bn) Operating Expenses 3Q16 2Q17 3Q17 QoQ YoY KRW 5,449bn, (YoY) +6.3% Operating Expenses 5,128.4 5,395.2 5,449.3 1.0% 6.3% Labor Cost KRW 849bn, (YoY) -0.4% Labor cost 852.1 872.1 848.5 -2.7% -0.4% General Expenses Genera
Slide 6: Financial Highlights: Financial Position
K-IFRS / Consolidated 1-3 Financial Highlights Financial Position (Unit: KRW bn) Debt Position 3Q16 2Q17 3Q17 QoQ YoY Borrowings: KRW 6,848bn Assets 30,135.8 27,825.5 29,373.0 5.6% -2.5% Net Debt: KRW 4,680bn Cash and cash Equivalents 3,460.8 1,656.5 2,168.6 30.9% -37.3% Debt 17,468.1 14,771.1 16,08
Slide 7: Financial Highlights: CAPEX
K-IFRS / KT Separate 1-4 Financial Highlights CAPEX (Unit: KRW bn) Access 3,711 Backbone Total CAPEX B2B 3Q accumulated execution 3,313 Others KRW 1.3tn CAPEX Breakdown 2,514 2,397 2,359 2,400 2,475 Access Network: KRW 773bn 1,870 Backbone Network: KRW 224bn 1,362 1,133 1,154 B2B: KRW 160bn 1,316 1,
Slide 8: Business Overview
1 Financial Highlights 2 Business Overview 3 Q&A 4 Appendix
Slide 9: Business Overview: Wireless
K-IFRS / Consolidated 2-1 Business Overview Wireless (Unit : KRW bn) Wireless Revenue down by 3.6% YoY 3Q16 2Q17 3Q17 QoQ YoY Wireless Revenue down on accounting Wireless 1,884.1 1,781.4 1,816.6 2.0% -3.6% change on ‘Handset Protection Plan’ Service 1,675.4 1,643.8 1,663.4 1.2% -0.7% Interconnection
Slide 10: Business Overview: Wireline
K-IFRS / Consolidated 2-2 Business Overview Wireline (Unit : KRW bn) Wireline down by 2.9% YoY 3Q16 2Q17 3Q17 QoQ YoY Wireline 1,255.0 1,226.1 1,218.0 -0.7% -2.9% Telephony Telephony 505.1 461.4 452.0 -2.0% -10.5% 3Q accumulated Telephony sales Broadband 484.4 501.1 503.3 0.5% 3.9% down by 10.5% YoY
Slide 11: Business Overview: Media / Contents
K-IFRS / Consolidated 2-3 Business Overview Media / Contents (Unit : KRW bn) Media/Contents up by 15.8% YoY 3Q16 2Q17 3Q17 QoQ YoY Media Media/Contents 494.6 561.4 572.6 2.0% 15.8% Revenue up by 9.3% YoY on Media 425.0 457.1 464.5 1.6% 9.3% subscriber quality enhancement Contents 69.6 104.3 108.0 3.
Slide 12: Business Overview: Finance and Other service
K-IFRS / Consolidated 2-4 Business Overview Finance and Other service (Unit : KRW bn) Finance Revenue 3Q16 2Q17 3Q17 QoQ YoY Finance Revenue up 0.9% YoY Finance 866.4 914.7 873.9 -4.5% 0.9% on Chinese tourists recovery and increased domestic card transactions Other Service 539.8 585.5 566.2 -3.3% 4.
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
4-1 K-IFRS Quarterly Income Statements (Unit: KRW bn) Consolidated I/S 3Q 16 4Q 16 1Q 17 2Q 17 3Q 17 KT Separate I/S 3Q 16 4Q 16 1Q 17 2Q 17 3Q 17 Operating revenue 5,529.9 6,021.1 5,611.7 5,842.5 5,826.6 Operating revenue 4,101.6 4,522.9 4,161.4 4,292.6 4,312.0 Service Revenue 5,040.0 5,026.5 4,948
Slide 16: K-IFRS Statement of Financial Position
4-2 K-IFRS Statement of Financial Position (Unit: KRW bn) Consolidated 3Q 16 4Q 16 1Q 17 2Q 17 3Q 17 KT Separate 3Q 16 4Q 16 1Q 17 2Q 17 3Q 17 Asset 30,135.8 30,587.7 30,102.6 27,825.5 29,373.0 Asset 24,287.4 24,700.3 23,677.2 22,881.3 23,381.9 Current assets 10,105.2 9,643.3 9,858.1 7,592.8 9,354.1
Slide 17: Subscribers (KT Separate)
4-3 Subscribers (KT Separate) Wireless 3Q 16 4Q 16 1Q 17 2Q 17 3Q 17 QoQ YoY Subscribers (Unit: 1,000)1) Total (LTE+WCDMA) 18,678 18,892 19,234 19,521 19,795 1.4% 6.0% Net additions 300 214 342 287 274 -4.5% -8.7% Gross additions 1,241 1,244 1,242 1,224 1,270 3.8% 2.3% Deactivation2) 941 1,030 900 9
Slide 18: Thank you
Thank you KT