Slide 1: KT 1Q15 Earnings Release
KT 1Q15 Earnings Release Investor Relations 2015. 4. 30
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
Slide 3: Contents
Contents 1 Financial Highlights 2 Business Overview 3 Q&A 4 Appendix 2
Slide 4: Financial Highlights: Income Statement
K-IFRS / Consolidated 1-1 Financial Highlights Income Statement (Unit: KRW bn) Operating revenue 5,436.4bn (YoY) -3.7% / (QoQ) -0.6% 1Q15 1Q14 YoY 1Q15 4Q14 QoQ Service revenue 4,751bn Operating revenue 5,436.4 5,642.5 -3.7% 5,436.4 5,471.6 -0.6% (YoY) 1.2% / (QoQ) -0.8% Service revenue 4,751.0 4,69
Slide 5: Financial Highlights: Financial Position and Debt Position
K-IFRS / Consolidated 1-2 Financial Highlights Financial Position (Unit: KRW bn) Debt Position 1Q15 1Q14 YoY 1Q15 4Q14 QoQ Borrowings : 11,267.0bn Assets 34,618.6 34,317.5 0.9% 34,618.6 33,775.5 2.5% Cash and cash 1,909.4 1,694.8 12.7% 1,909.4 1,888.7 1.1% Net Debt : 9,357.7bn equivalents * KT Renta
Slide 6: Financial Highlights: CAPEX
K-IFRS / KT Separate 1-3 Financial Highlights CAPEX (Unit: KRW bn) Total CAPEX 1,009.3 1Q 2015 : 355.7bn FY2015 guidance: KRW 2.7tn 327.9 Wireless CAPEX 1Q 2015 : 112.7bn 584.9 Wireless 562.7 ? FY2015 guidance: KRW 0.8tn Wireline 188.8 206.1 357.2 355.7 Wireline CAPEX Others 598.6 112.7 1Q 2015 : 17
Slide 7: Business Overview
1 Financial Highlights 2 Business Overview 3 Q&A 4 Appendix 6
Slide 8: Business Overview: Wireless
K-IFRS / Consolidated 2-1 Business Overview Wireless (Unit: KRW bn) Wireless service revenue recorded 1,822.3bn, increased 2.2% YoY 1Q15 1Q14 YoY 1Q15 4Q14 QoQ Others and Interconnection revenue Service 1,601.7 1,513.5 5.8% 1,601.7 1,655.8 -3.3% declined on reduction of subscription fee Interconnect
Slide 9: Business Overview: Wireline
K-IFRS / Consolidated 2-2 Business Overview Wireline (Unit: KRW bn) Wireline revenue declined by 8.1% YoY 1Q15 1Q14 YoY 1Q15 4Q14 QoQ Telephony Telephony 594.6 677.9 -12.3% 594.6 620.1 -4.1%? Telephony revenue fell by 12.3% YoY, Broadband 430.0 446.6 -3.7% 430.0 436.2 -1.4% mainly due to line loss a
Slide 10: Business Overview: Media / Contents
K-IFRS / Consolidated 2-3 Business Overview Media / Contents (Unit: KRW bn) Media/Contents revenue grew 1Q15 1Q14 YoY 1Q15 4Q14 QoQ 3.8% YoY Media 339.3 318.2 6.7% 339.3 343.6 -1.2% Media revenue increased 6.7% YoY due to IPTV subscriber Contents 44.4 51.5 -13.7% 44.4 17.7 151.1% expansion Media/ 38
Slide 11: Business Overview: Finance
K-IFRS / Consolidated 2-4 Business Overview Finance (Unit: KRW bn) Finance revenue Finance revenue increased by 1.2% YoY 1Q15 1Q14 YoY 1Q15 4Q14 QoQ due to increase in credit/check card Finance 829.4 819.7 1.2% 829.4 883.8 -6.2% usage “Finance/Rental revenue” changed to Other Service 410.7 302.7 35.
Slide 12: Business Overview: Operating Expenses
K-IFRS / Consolidated 2-5 Business Overview Operating Expenses (Unit: KRW bn) Operating expenses recorded 1Q15 1Q14 YoY 1Q15 4Q14 QoQ 5,115.5bn, decreasing 7.1% YoY and 6.1% QoQ respectively Labor cost 782.6 792.5 -1.2% 782.6 786.9 -0.5% General Expenses 2,390.8 2,413.7 -0.9% 2,390.8 2,671.1 -10.5%
Slide 13: Q&A
1 Financial Highlights 2 Business Overview 3 Q&A 4 Appendix 12
Slide 14: Appendix
1 Financial Highlights 2 Business Overview 3 Q&A 4 Appendix 13
Slide 15: K-IFRS Quarterly Income Statements
4-1 K-IFRS Quarterly Income Statements (Unit: KRW bn) Consolidated I/S 1Q14 2Q14 3Q14 4Q14 1Q15 KT Separate I/S 1Q14 2Q14 3Q14 4Q14 1Q15 Operating revenue 5,642.5 5,671.9 5,704.3 5,471.6 5,436.4 Operating revenue 4,460.9 4,442.5 4,372.4 4,160.1 4,133.4 Service Revenue 4,696.1 4,814.9 4,938.9 4,790.0
Slide 16: K-IFRS Statement of Financial Position
4-2 K-IFRS Statement of Financial Position (Unit: KRW bn) Consolidated 1Q14 2Q 14 3Q 14 4Q14 1Q15 KT Separate 1Q14 2Q14 3Q14 4Q14 1Q15 Asset 34,317.5 34,116.4 34,118.2 33,775.5 34,618.6 Asset 25,338.5 25,462.5 25,038.9 24,920.3 25,049.8 Current assets 10,009.0 9,556.2 9,678.9 8,750.9 12,333.0 Curren
Slide 17: Subscribers (KT only)
4-3 Subscribers (KT only) Wireless 1Q14 2Q14 3Q14 4Q14 1Q15 QoQ YoY Total Wireless Subscribers(*1,000) 17,293 17,564 17,955 18,080 18,242 0.9% 5.5% 3G + LTE 16,473 16,774 17,184 17,328 17,501 1.0% 6.2% WiBro 820 790 771 753 741 -1.5% -9.6% Mobile Subscribers(*1,000) Gross addition 1,477 1,459 1,793
Slide 18: Thank you
Thank you kt