Dialog Axiata PLC · CSELK:DIAL.N0000
Dialog Axiata — Q2 2011 Earnings Presentation
15 slides from Dialog Axiata's earnings presentation, 2011
Slide 1: Dialog Axiata PLC Investor Forum Q2 2011
Enriching Sri Lankan Lives Dialog Axiata PLC Sri Lanka's Premier Connectivity Provider .......... Investor Forum Q2 2011 an axiata company
Slide 2: Dialog Group
Dialog Group 2 Dialog
Slide 3: Q2 2011 Group Performance Highlights
Q2 2011 Group Performance Highlights Strong Financial Performance Healthy growth in Group revenue backed by growth in Company revenue Up 1% QoQ and 9% YoY EBITDA at Rs3.8Bn increased by 7% QoQ; enhanced EBITDA margin of 34% Group PAT at Rs1.4Bn grew 19% QoQ and 22% YoY with PAT margin strength
Slide 4: Group: P&L Highlights
Dialog Group: P&L Highlights QoQ YoY YTD Q2 11 1H 11 (All figures in Rs Mn) Change Change Change Revenue 11,063 +1% +9% 22,016 +9% EBITDA 3,806 +7% -0.5% 7,373 +3% EBITDA Margin 34% +1pp -4pp 33% -3pp PAT 1,384 +19% +1% 2,543 +22% PAT Margin 13% +2pp -1pp 12% +2pp • Q2 Group EBITDA increase is large
Slide 5: Group EBITDA Margin Analysis – Q2 2011
Group EBITDA Margin Analysis – Q2 2011 - EBITDA margin impact (%) + EBITDA margin impact (%) EBITDA Margin Q1 2011 32.6% Network cost 0.1% Regulatory cost -0.1% Direct cost 2.3% Origination cost declined in line with drop in transit minutes and drop in outbound roaming cost Staff related cost -0.6%
Slide 6: Forward Investments to support expanding usage and revenue
Forward Investments to support expanding usage and revenue Capex* Free cash Flow (FCF)** Rs Mn Rs Mn +149% +95% -70% -57% +21% 4,500 28% -26% 55% 26% 4,000 5,500 26% 45% 3,500 21% 4,500 3,000 35% 28% 27% 2,500 25% 16% 3,500 23% 25% 4,318 2,000 10% 14% 9% 5,505 2,500 12% 1,500 2,979 8% 10% 15% 2,617
Slide 7: Group KPIs Performance Trends
Group KPIs Performance Trends (All figures in Rs. Mn.) except for ratio’s Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Trend Gross Debt Position* 28,520 27,557 27,636 28,307 27,654 Gross Debt to EBITDA** 1.87 1.72 1.76 1.98 1.82 Net Debt to EBITDA** 1.63 1.47 1.41 1.43 1.27 FCF to Debt 9% 11% 3% 4% 3% Current Rati
Slide 8: Dialog Axiata PLC – Company
Dialog Axiata PLC — Company a Dialog
Slide 9: Company: P&L Highlights
Dialog Company: P&L Highlights QoQ YoY YTD Q2 11 1H 11 (All figures in Rs Mn) Change Change Change Revenue 10,148 +1% +9% 20,177 +10% EBITDA 3, 524 +7% -6% 6,816 -4% EBITDA Margin 35% +2pp -5pp 34% -5pp PAT 1,616 +18% -11% 2,987 -3% PAT Margin 16% +2pp -4pp 15% -2pp Increase in Q2 EBITDA due to redu
Slide 10: Company – Operational Performance
Company – Operational Performance Stable ARPUs despite intense competition No of Subscribers Pre : Post mix 88% 12% Pre-paid Post-paid Total subs growth +5% yoy; -1% qoq Postpaid subs growth +8% yoy; +2% qoq Prepaid subs growth +5% yoy; -1% qoq Pre & Post ARPUs (Rs) 1,400 6,622 6,947 1,200 218 200 2
Slide 11: Subsidiary Performance
Subsidiary Performance mn Dialog
Slide 12: Dialog Television (DTV): P&L Highlights
Dialog Television (DTV): P&L Highlights YoY (All figures in Rs Mn) QoQ YTD Q2 11 Change 1H 11 Change Change Revenue 564 +1% +8% 1,125 +11% EBITDA 128 -3% +>100% 259 +>100% EBITDA Margin 23% 0pp +17pp 23% +18pp PAT (12) ->100% +87% (14) +92% Pay Tv Subscribers (‘000) 184 +2% +16% 60% 640 50% 42% 561
Slide 13: Dialog Broadband Networks (DBN): P&L Highlights
Dialog Broadband Networks (DBN): P&L Highlights YoY QoQ YTD (All figures in Rs Mn) Q2 11 Change 1H 11 Change Change Revenue 580 -1% +1% 1,164 -0.3% EBITDA 158 +9% +>100% 303 +>100% EBITDA Margin 27% +2pp +11pp 26% +27pp PAT (205) -4% +40% (402) +50% CDMA & Broadband Subscribers (‘000) 197 -1% +4% 40
Slide 14: New Products and Promotions in 2011
New Products and Promotions in 2011 Lowest IDD per minute package… Preferential rates on outbound roaming with Axiata partner networks … Extending our range of market leading smartphones… 14
Slide 15: Thank You
Thank You 15 Dialog