Sk Telecom Co., Ltd. · KRX:017670
Sk Telecom — FY2021 Earnings Presentation
20 slides from Sk Telecom's earnings presentation, Feb 9, 2022
Slide 1: FY2021 Earnings Release
2021년 연간 실적 FY2021 Earnings Release
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements with respect to the financial condition, results of operations and business of SK Telecom (the “Company”, or “SKT”) and its subsidiaries, and plans and objectives of the management of the Company. The forward-looking statements are inf
Slide 3: 2021 Financial Results
2021 Financial Results Business Highlights Shareholders Return Appendix
Slide 4: 2021 Financial Results - Consolidated
2021 Financial Results Consolidated (KRW bn) 2021 2020 YoY 4Q21 3Q21 QoQ Revenue & Operating margin Operating revenue 16,749 16,088 4.1% 4,298 4,213 2.0% 16,749 (KRW bn) 16,088 8.5% Operating expenses 15,361 14,839 3.5% 4,071 3,822 6.5% 8.3% 8.0% Operating income 1,387 1,249 11.1% 227 391 △42.0% 4,2
Slide 5: 2021 Financial Results - Non-consolidated
2021 Financial Results Non-consolidated (KRW bn) 2021 2020 YoY 4Q21 3Q21 QoQ Revenue & Operating margin Operating revenues 12,103 11,747 3.0% 3,073 3,027 1.5% 12,103 (KRW bn) 11,747 9.5% - MNO 10,257 9,989 2.7% 2,590 2,575 0.6% - Other* 1,846 1,758 5.0% 483 452 6.8% 9.2% 9.0% Operating expenses 10,9
Slide 6: 2021 Financial Results - SK Broadband
2021 Financial Results SK Broadband (KRW bn) 2021 2020 YoY 4Q21 4Q20 YoY Revenue & Operating margin Operating revenues 4,049 3,714 9.0% 1,061 1,008 5.2% 4,049 (KRW bn) 3,714 - Pay TV 1,836 1,650 11.3% 463 466 △0.6% 3,053 3,078 3,168 6.8% - Fixed line 1,058 1,010 4.8% 296 277 6.8% 6.6% - B2B Biz 1,15
Slide 7: Business Highlights
2021 Financial Results Business Highlights Shareholders Return Appendix
Slide 8: Business Highlights: SKT 2.0
Business Highlights SKT 2.0 1 2 3 4 5 Mobile & Connected Media Enterprise AIVERSE Fixed-line Intelligence ▪ MNO ▪ Broadcast & ad ▪ Data Center ▪ Subscription ▪ Future technology ▪ IPTV & broadband platform ▪ Cloud ▪ Metaverse (UAM, autonomous ▪ Certification & ▪ Content ▪ AIoT ▪ AI agent driving, et
Slide 9: Business Highlights: Revenue by Business group
Business Highlights Revenue by Business group (KRW) CAGR 4.2% 17.4tn 16.7tn 16.1tn Others 15.4tn 0.22 0.18 1.36 AIVERSE 1.20 0.20 1.17 1.28 Enterprise 1.10 0.80 Media Mobile&Fixed 13.02 13.25 12.40 2019 2020 2021 2022 8
Slide 10: Business Highlights: Key Metrics
Business Highlights Key Metrics No. of 5G subscribers grew by 4.4mn YoY to 9.87mn end of 2021 Pay tv subscribers reached 9mn end of 2021 8.9 9.0 9,874 8.8 (thou.) 8,650 (mn) 8.7 8.6 7,696 8.5 6,736 8.4 8.3 5,476 41.6% 4,263 36.2% 3,348 32.1% 2,648 28.0% 22.8% 13.9% 17.7% 11.0% '20.1Q '20.2Q '20.3Q '
Slide 11: Business Highlights: ESG
Business Highlights ESG Environment Social Governance “Enhance management “Promote eco-friendly ICT” “Create social value of ICT” accountability and transparency” GHG reductions of 48% by 2030 Create social value worth 10% of 100% transparent management by 2030 ⇒ 100% GHG neutral by 2050 revenue by
Slide 12: Business Highlights: ESG
Business Highlights ESG “Included in the Dow Jones “ESG Rating A” “Highest rating of “Total rating A” Sustainability World Index” A in leadership” ✓ Only 7 global telcos ✓ Rated A for five ✓ In Climate Change ✓ Environment A included in the Index consecutive years Social A+ ✓ Only 200 companies Gove
Slide 13: Shareholders Return
2021 Financial Results Business Highlights Shareholders Return Appendix
Slide 14: Shareholders Return: Dividend policy & trend
Shareholders Return Dividend policy & trend Total Dividend * Share buy-back in 2020 (Approx. KRW 500bn) (KRW bn) 730.1 Dividend Policy 717.4 715.1 717.0 706.1 1. Total dividend amount to be 30-40% of EBITDA minus CAPEX 2017 2018 2019 2020 2021 (FY21~FY23, based on non-consolidated SK Telecom earning
Slide 15: Appendix
2021 Financial Results Business Highlights Shareholders Return Appendix
Slide 16: Appendix Financial Statements - Consolidated
Appendix Financial Statements - Consolidated (KRW bn) 2020 1Q21 2Q21 3Q21 4Q21 2021 (KRW bn) 12-31-20 3-31-21 6-30-21 9-30-21 12-31-21 Operating revenue 16,087.7 4,113.1 4,125.0 4,212.6 4,297.8 16,748.6 Total assets 47,907.0 47,761.5 50,057.6 51,677.5 30,911.3 Current assets 8,775.1 8,865.2 9,140.9
Slide 17: Appendix Financial Statements - Non-consolidated
Appendix Financial Statements - Non-consolidated (KRW bn) 2020 1Q21 2Q21 3Q21 4Q21 2021 (KRW bn) 12-31-20 3-31-21 6-30-21 9-30-21 12-31-21 Operating revenue 11,746.6 2,980.7 3,021.6 3,027.4 3,073.1 12,102.8 Total assets 31,986.5 31,787.5 32,710.6 32,167.4 26,389.1 Mobile service revenue 9,989.1 2,53
Slide 18: Appendix Financial Statements – SKB
Appendix Financial Statements – SKB (KRW bn) 2020 1Q21 2Q21 3Q21 4Q21 2021 (KRW bn) 12-31-20 3-31-21 6-30-21 9-30-21 12-31-21 Operating revenue 3,713.5 967.0 997.1 1,024.4 1,060.6 4,049.2 Assets 5,803.6 5,736.5 5,705.3 6,039.4 5,988.8 Operating expenses 3,482.6 891.6 932.9 945.8 1,003.3 3,773.6 Curr
Slide 19: Appendix Operating Data
Appendix Operating Data (Thousands) 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 YoY QoQ SKT MNO Subscribers1) 28,748 28,932 29,034 29,089 29,308 29,383 29,422 29,696 2.1% 0.9% Net adds 100 184 101 55 219 74 39 274 394.2% 606.9% Activations 881 953 856 794 956 777 788 1,057 33.0% 34.0% Deactivations 781
Slide 20: SK "telecom
1% SK "telecom