Deutsche Telekom Ag · XETR:DTE
Deutsche Telekom — Q1 2011 Earnings Presentation
82 slides from Deutsche Telekom's earnings presentation, May 2011
Slide 1: Backup Q1 2011 Deutsche Telekom
Backup Q1 2011 Deutsche Telekom. Check out our IR website www.telekom.com/investor-relations for: This backup in .pdf and excel-format The IR calender Detailed information for debt investors Shareholder structure Corporate governance For further information on the business units please refer to: www
Slide 2: Content
Content At a glance 4 Germany Europe Excellent market position 7 Financials 28 Czech Republic 61 EBITDA reconciliation 29 Netherlands 62 Group Operational 30 Croatia 63 Adjusted for special factors 9 Additional information 31 Slovakia 65 EBITDA reconciliation 10 Austria 67 As reported 11 USA Bulgari
Slide 3: Notes
Notes. IR Backup Q1 2011.xls Page 3
Slide 4: DT Group. At a Glance I
DT Group. At a Glance I. millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Continuing operations 12.002 11.346 11.461 11.537 46.346 10.850 (9,6) Discontinued operations (3.814) (4.188) (4.143) (3.942) (16.087) (3.770) 1,2 Reconciliation 4 3 3 2 12 3 (25,0) Continuing and discontinued o
Slide 5: DT Group. At a Glance II
DT Group . At a Glance II. millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % EBITDA margin (adjusted for special factors) (EBITDA / total revenue) % Germany % 37,1 39,3 39,9 36,6 38,3 39,7 2,6p Europe % 33,2 35,5 35,5 32,3 34,1 33,3 0,1p United States % 26,4 26,7 24,8 25,4 25,8 23,1 (3
Slide 6: DT Group. Q1/11 Key Financials (excluding UK)
DT Group. Q1/11 Key Financials (excluding UK). IR Backup Q1 2011.xls Page 6
Slide 7: DT Group. Excellent market position
DT Group. Excellent market position. Delta q.o.q. Delta y.o.y. 0001 Note Q1/10 Q2/10 Q3/10 Q4/10 Q1/11 abs. % abs. % Broadband retail lines (end of period) 2,3 15.675 15.873 16.029 16.307 16.535 228 1,4 860 5,5 Germany 11.665 11.795 11.844 11.954 12.069 115 1,0 404 3,5 Europa 4.010 4.078 4.185 4.353
Slide 8: Content
Content At a glance 4 Germany Europe Excellent market position 7 Financials 28 Czech Republic 61 EBITDA reconciliation 29 Netherlands 62 Group Operational 30 Croatia 63 Adjusted for special factors 9 Additional information 31 Slovakia 65 EBITDA reconciliation 10 Austria 67 As reported 11 USA Bulgari
Slide 9: DT consolidated income statement. Adjusted for special factors
DT consolidated income statement. Adjusted for special factors. millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Continuing operations Net revenue 12.002 11.346 11.461 11.537 46.346 10.850 (9,6) Cost of sales (6.869) (6.364) (6.444) (6.781) (26.458) (6.222) 9,4 Gross profit 5.133 4.98
Slide 10: DT Group - continuing operations. EBITDA reconciliation
DT Group - continuing operations. EBITDA reconciliation. millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Net revenue 12.002 11.346 11.461 11.537 46.346 10.830 (9,8) Net profit (loss) 767 475 1.035 (582) 1.695 480 (37,4) + Profit (loss) attributable to non-controlling interests 98 (11
Slide 11: DT consolidated income statement. As reported
DT consolidated income statement. As reported. millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Continuing operations Net revenue 12.002 11.346 11.461 11.537 46.346 10.830 (9,8) Cost of sales (7.035) (6.442) (6.549) (7.026) (27.052) (6.282) 10,7 Gross profit 4.967 4.904 4.912 4.511 19
Slide 12: DT Group. Special factors in the consolidated income statement
DT Group. Special factors in the consolidated income statement. millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Continuing operations Net revenue 0 0 0 0 0 (20) n.a. Cost of sales (166) (78) (105) (245) (594) (60) 63,9 Gross profit (166) (78) (105) (245) (594) (80) 51,8 Selling expen
Slide 13: DT Group. Details on special factors I
DT Group. Details on special factors I. millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Effect on operating expenses (212) (538) (269) (1.878) (2.897) (156) 26,4 of which: expenses / income for early retirement (civil servants) 0 (12) (37) (404) (453) 0 n.a. of which: expenses for se
Slide 14: DT Group. Details on special factors II
DT Group. Details on special factors II. millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 Effect on profit (loss) from financial activities (13) (41) (39) 7 (86) (5) Effect on profit (loss) before income taxes (214) (577) (303) (1.851) (2.945) (181) Effect on taxes 65 215 372 311 963 38 Tax ef
Slide 15: DT Group. Change in the composition of the Group
DT Group. Change in the composition of the Group in the first quarter. reported MINUS PLUS Total % Pro forma numbers Acquisition effects Deconsolidation effects effect Pro Q1/11 forma reported millions of € Q1/10 Q1/11 Total Ger Europe USA Sys GHS Total Ger Europe USA Sys GHS Q1/11 Q1/10 Continuing
Slide 16: Consolidated statement of financial position. Assets
Consolidated statement of financial position. Assets. millions of € Note 31.03.2010 30.06.2010 30.09.2010 31.12.2010 31.03.2011 y.o.y. % Current assets 24.616 15.471 13.918 15.243 46.976 90,8 Cash and cash equivalents 5.553 1.839 2.074 2.808 1.676 (69,8) Trade and other receivables 6.832 7.236 7.080
Slide 17: Consolidated statement of financial position. Liabilities and shareholders' equity
Consolidated statement of financial position. Liabilities and shareholders' equity. millions of € Note 31.03.2010 30.06.2010 30.09.2010 31.12.2010 31.03.2011 y.o.y. % Liabilities 86.524 87.997 84.399 84.784 80.540 (6,9) Current liabilities 25.691 25.238 25.288 26.452 31.586 22,9 Financial liabilitie
Slide 18: Maturity profile - well balanced redemptions
Maturity profile - well balanced redemptions. Bonds, Medium Term Notes (MTN) and Schuldscheindarlehen maturities as of March 31, 2011. Bonds, MTNs and Schuldscheindarlehen as per 31/03/11 (€ billion)* € billion - €4.2 billion DT maturities in 2011 - *OTE maturities (in € bn): 2011: 0.6 2013: 1.2 201
Slide 19: DT Group. Solid liquidity reserve position
DT Group. Solid liquidity reserve position. Liquidity reserves as per 31/03/11 - 21 bilateral credit facilities of €600 million each adding up to €12.6 billion; € 0.8 bn drawn € billion - Loan terms insure quality of our liquidity reserve - No financial covenants, - No MAC Clause, 16.2 - No rating t
Slide 20: DT Group. Net debt
DT Group. Net debt. millions of € Note 31.03.2010 30.06.2010 30.09.2010 31.12.2010 31.03.2011 q.o.q. % Bonds 38.722 40.046 38.138 38.190 36.751 (3,8) Other financial liabilities 9.152 10.108 9.308 9.128 9.091 (0,4) Gross debt 47.874 50.154 47.446 47.318 45.842 (3,1) Cash and cash equivalents 5.553 1
Slide 21: DT Group. Net debt development
DT Group. Net debt development. Net Debt Development Q4/10 vs. Q1/11 (in € billion) Developments in detail Free Cash Flow - € 1.2bn PTC + € 1.4bn FX - € 0.7bn IR Backup Q1 2011.xls Page 21
Slide 22: DT Group. Cash capex
DT Group. Cash capex. millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Cash capex Germany 1 651 774 862 1.178 3.465 815 25,2 Europe 568 454 396 594 2.012 512 (9,9) United States 481 534 496 610 2.121 546 13,5 Systems Solutions 148 220 207 150 725 123 (16,9) Group Headquarters & Shared
Slide 23: DT Group. Free cash flow
DT Group. Free cash flow. 1 millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Net profit (loss) 767 475 1.035 (582) 1.695 480 (37,4) Profit (loss) attributable to non-controlling interests 98 (11) 156 (178) 65 100 2,0 Profit (loss) after income taxes 865 464 1.191 (760) 1.760 580 (32,9
Slide 24: DT Group. Personnel
DT Group. Personnel. At reporting date 31/03/2010 30/06/2010 30/09/2010 31/12/2010 31/03/2011 Delta q.o.q. Delta y.o.y. Note abs. % abs. % Germany 80.394 79.524 79.093 76.478 76.478 0 0,0 (3.916) (4,9) Europe 69.909 64.007 63.662 63.338 62.030 (1.308) (2,1) (7.879) (11,3) United States 38.294 37.743
Slide 25: Exchange rates
Exchange rates. Average. € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 1 U.S Dollar (USD) 0,72291 0,78668 0,77421 0,73546 0,75398 0,73040 1 British pound (GBP) 1,12643 1,17313 1,20031 1,16315 1,16553 1,17122 100 Czech korunas (CZK) 3,86655 3,90821 4,01085 4,03572 3,95536 4,10411 100 Croatian kunas (HRK
Slide 26: Notes
Notes. IR Backup Q1 2011.xls Page 26
Slide 27: Content
Content At a glance 4 Germany Europe Excellent market position 7 Financials 28 Czech Republic 61 EBITDA reconciliation 29 Netherlands 62 Group Operational 30 Croatia 63 Adjusted for special factors 9 Additional information 31 Slovakia 65 EBITDA reconciliation 10 Austria 67 As reported 11 USA Bulgari
Slide 28: Germany. Financials
Germany. Financials (adjusted for special factors). millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Total revenue 1 6.189 6.197 6.317 6.442 25.145 5.999 (3,1) Net revenue 5.804 5.806 5.899 6.014 23.523 5.661 (2,5) EBITDA 2.299 2.438 2.523 2.358 9.618 2.384 3,7 EBITDA margin (EBITDA /
Slide 29: Germany. EBITDA Reconciliation
Germany. EBITDA Reconciliation. millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Total revenue 6.189 6.197 6.317 6.442 25.145 5.991 (3,2) Profit (loss) from operations = EBIT 1.171 1.327 1.370 1.048 4.916 1.248 6,6 - Depreciation, amortization and impairment losses (1.014) (1.030) (1.
Slide 30: Germany. Operational
Germany. Operational. Note Q4/09 Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Germany Fixed network access lines ('000) 26.236 25.864 25.549 25.024 24.650 24.650 24.312 (6,0) - Broadband retail access lines ('000) 11.477 11.665 11.795 11.844 11.954 11.954 12.069 3,5 - TV ('000) 806 896 971 1.042 1.1
Slide 31: Germany. Revenue split - Products
Germany. Revenue split - Products. millions of € Note FY/09 Q2/10 Q3/10 Q4/10 FY/10 Q1/10 Q1/11 y.o.y. % Germany 1 25.423 6.197 6.317 6.442 25.145 6.189 5.991 (3,2) Fixed network 11.448 2.761 2.728 2.723 10.983 2.771 2.644 (4,6) of which single play 2 5.605 1.229 1.210 1.189 4.891 1.263 1.109 (12,2)
Slide 32: Germany. Mobile communications KPIs
Germany. Mobile communications KPIs. Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Average monthly churn (%) 1,9% 2,8% 3,4% 1,7% 2,4% 1,5% (0,4p) - contract (%) 1,3% 1,4% 1,1% 1,2% 1,2% 1,0% (0,3p) SAC per gross add (€) 88 84 86 90 87 78 (11,4) - contract (€) 163 171 170 189 173 153 (6,1) - prep
Slide 33: Germany. Single Play
Germany. Single Play. Single Play.1,2,3 Call Start4 Call Basic4,5 Call Comfort4 Standard Standard voice usage per Standard up to 120 minutes included minute flat rate within Germany within Germany from € 17.95 from € 19.95 from € 29.95 City, CDL Cent/Minute Cent/Minute Off peak 2.9 0 Peak 2.9 0 inte
Slide 34: Germany. Double Play
Germany. Double Play. Double Play.1,2,3 Call & Surf Basic4 (4.1) Call & Surf Comfort4 Call & Surf Comfort VDSL4 Call & Surf Comfort Plus4 Call & Surf Comfort Plus VDSL4 Bandwidth DSL Bandwidth DSL Bandwidth DSL Bandwidth VDSL 16 Mbit/s, flat rate Internet 50 Mbit/s, flat rate Internet Bandwidth DSL
Slide 35: Germany. Triple Play
Germany. Triple Play. Triple Play.1,2,3 Entertain Comfort4 Entertain Premium4 Bandwidth DSL Bandwidth DSL 5 5 16 Mbit/s plus , flat rate internet usage and flat rate voice 16 Mbit/s plus , flat rate Internet usage and flat rate voice usage, video usage, video on demand, IPTV basic package on demand,
Slide 36: Germany. Entertain Pur
Germany. Entertain Pur. Entertain Pur.1,2,3 Entertain Pur4 Entertain Pur Flat4 Standard voice usage, video on Standard voice usage, video on demand, IPTV basic package, demand, IPTV basic package, Bandwidth DSL 16 Mbit/s plus5 Bandwidth DSL 16 Mbit/s plus5 (No internet-usage) (No internet-usage) fro
Slide 37: Germany. Call. Call & Surf Mobil
Germany. Call. Call plans in € XS S M L Monthly charge (without handset) 4,95 14,95 24,95 34,95 Monthly charge (with handset) 14,95 24,95 34,95 44,95 includes national voice minutes 30 120 120 120 120 (on-net, fixed net, other mobile networks) - Weekend Flat (national calls on-net and fixed net) fre
Slide 38: Germany. Complete Mobil
Germany. Complete Mobil. Complete plans in € S M L XL Monthly charge (without handset) 29,95 39,95 49,95 89,95 Monthly charge (with handset) 39,95 49,95 59,95 99,95 includes national voice minutes 120 120 120 120 120 (EU+CH) (on-net, fixed net, other mobile networks) - Weekend Flat (national calls o
Slide 39: Fixed Network. Overview domestic interconnection tariffs
Fixed Network. Overview dom. interconnection tariffs (excl. VAT). Peak Peak Off-Peak Off-Peak Termination/Origination fees in cent/min. 1 (9:00-18:00), old (9:00-18:00), new (18:00-9:00), old (18:00-9:00), new1 Local 0.52 0.54 0.36 0.38 Single transit 0.88 0.89 0.59 0.60 Double transit national 1.36
Slide 40: Notes
Notes. IR Backup Q1 2011.xls Page 40
Slide 41: Content
Content At a glance 4 Germany Europe Excellent market position 7 Financials 28 Czech Republic 61 EBITDA reconciliation 29 Netherlands 62 Group Operational 30 Croatia 63 Adjusted for special factors 9 Additional information 31 Slovakia 65 EBITDA reconciliation 10 Austria 67 As reported 11 USA Bulgari
Slide 42: United States. Financials
United States. Financials (adjusted for special factors). millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Total revenue 3.814 4.188 4.143 3.942 16.087 3.770 (1,2) Net revenue 3.810 4.185 4.140 3.940 16.075 3.764 (1,2) EBITDA 1 1.008 1.120 1.028 1.000 4.156 871 (13,6) EBITDA margin (E
Slide 43: United States. EBITDA reconciliation
United States. EBITDA reconciliation. millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Total revenue 3.814 4.188 4.143 3.942 16.087 3.770 (1,2) Net Revenue 3.810 4.185 4.140 3.940 16.075 3.764 (1,2) Profit (loss) from operations = EBIT 544 600 476 472 2.092 336 (38,2) - Depreciation,
Slide 44: United States. Operational
United States. Operational. Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Customers (end of period) ('000) 33.713 33.620 33.757 33.734 33.734 33.636 (0,2) - Contract ('000) 26.646 26.752 26.692 26.375 26.375 25.904 (2,8) - Prepaid ('000) 7.067 6.868 7.065 7.360 7.360 7.732 9,4 Net adds ('000) (7
Slide 45: United States. Operational in US-$
United States. Operational in US-$. Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Customers (end of period) ('000) 33.713 33.620 33.757 33.734 33.734 33.636 (0,2) - Contract ('000) 26.646 26.752 26.692 26.375 26.375 25.904 (2,8) - Prepaid ('000) 7.067 6.868 7.065 7.360 7.360 7.731 9,4 Net adds (
Slide 46: USA. T-Mobile USA
USA. T-Mobile USA. Even More1,2,3 Talk + Text + Weekend/Night Talk Talk + Text4 5 Whenever Minutes Web Minutes 500 $39,99 $49,99 $79,99 unlimited 1000 $49,99 $59,99 $89,99 unlimited unlimited (incl. 2 GB of high speed data, speeds slowed after 2 GB) 6 - - $79,99 unlimited unlimited $59,99 $69,99 $99
Slide 47: USA. T-Mobile USA
USA. T-Mobile USA. Even More for Families 1,2,3,4 Talk + Text + Weekend/Night Talk Talk + Text5 6 Whenever Minutes Web Minutes 750 $59,99 $79,99 $139,99 unlimited 1500 $79,99 $99,99 $159,99 unlimited 3000 $99,99 $119,99 $149,99 unlimited unlimited $99,99 $119,99 $179,99 unlimited Even More Plus for
Slide 48: USA. T-Mobile USA
USA. T-Mobile USA. Monthly data plans Pricing1 Hotspot Access 10 GB mobile broadband data $84,99 Included 10 GB mobile broadband data (20% discount avail. when added to a voice line of service) $67,99 Included 5 GB mobile broadband data $49,99 Included 5 GB mobile broadband data (20% discount avail.
Slide 49: Notes
Notes. Also available starting in Q4 2010, T-Mobile offers a Tethering and Wi-Fi Sharing data plan. Customers can add the Tethering and Wi-Fi Sharing plan to their Web-Unlimited monthly plan for an additional $14.99 per month. Mobile Broadband data plans include Wi-Fi Sharing at no additional charge
Slide 50: Content
Content At a glance 4 Germany Europe Excellent market position 7 Financials 28 Czech Republic 61 EBITDA reconciliation 29 Netherlands 62 Group Operational 30 Croatia 63 Adjusted for special factors 9 Additional information 31 Slovakia 65 EBITDA reconciliation 10 Austria 67 As reported 11 USA Bulgari
Slide 51: Europe. Financials
Europe. Financials (adjusted for special factors). millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Total revenue 1 4.774 4.030 4.123 3.913 16.840 3.684 (22,8) Net revenue 3.869 3.951 3.750 4.613 16.183 3.516 (23,8) EBITDA 2 1.587 1.431 1.465 1.265 5.748 1.226 (22,7) EBITDA margin (EB
Slide 52: Europe. EBITDA Reconciliation
Europe. EBITDA Reconciliation. millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Total revenue 4.774 4.030 4.123 3.913 16.840 3.672 (23,1) Profit (loss) from operations = EBIT 675 166 622 (478) 985 365 (45,9) - Depreciation, amortization and impairment losses (859) (892) (835) (1.571)
Slide 53: Europe. Customer Summary
Europe. Customer Summary. '000 Note Q1/10 Q2/10 Q3/10 Q4/10 Q1/11 y.o.y. % Greece - Fixed network Access Lines 4.095 3.970 3.858 3.739 3.640 (11,1) - Broadband Access Lines 1.140 1.139 1.133 1.147 1.153 1,1 - Mobile Customers 8.813 8.509 8.330 7.990 7.600 (13,8) Romania - Fixed network Access Lines
Slide 54: Greece. Financials
Greece. Financials (adjusted for special factors). millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Total revenue 997 963 979 937 3.876 863 (13,4) -of which Fixed network 592 579 578 563 2.312 530 (10,5) -of which Mobile communications 464 448 471 429 1.812 379 (18,3) EBITDA 1 376 346
Slide 55: Greece. Operational
Greece. Operational. Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Fixed network (end of period) Fixed network access lines ('000) 4.095 3.970 3.858 3.739 3.739 3.640 (11,1) Broadband retail access lines ('000) 1.093 1.095 1.092 1.110 1.110 1.118 2,3 IPTV ('000) 23 30 40 50 50 56 n.a. Wholesale
Slide 56: Romania. Financials
Romania. Financials (adjusted for special factors). millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Total revenue 291 293 294 287 1.165 262 (10,0) -of which Fixed network 184 181 182 170 717 166 (9,8) -of which Mobile communications 114 118 121 125 478 107 (6,1) EBITDA 1 72 71 71 67
Slide 57: Romania. Operational
Romania. Operational. Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Fixed network (end of period) Fixed network access lines ('000) 2.721 2.666 2.625 2.597 2.597 2.578 (5,3) Broadband retail access lines ('000) 808 840 902 961 961 1.044 29,2 IPTV ('000) 4 12 21 30 30 33 n.a. Wholesale bundled ac
Slide 58: Hungary. Financials
Hungary. Financials (adjusted for special factors). 1,2 millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Total revenue 3 402 402 390 323 1.517 352 (12,4) -of which Fixed network 174 168 158 131 631 149 (14,4) -of which Mobile communications 219 226 229 182 856 194 (11,4) EBITDA 4 162
Slide 59: Hungary. Operational
Hungary. Operational. 1,2 Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Fixed network (end of period) Fixed network access lines ('000) 1.771 1.729 1.690 1.652 1.652 1.546 (12,7) Broadband retail access lines ('000) 648 655 672 693 693 695 7,3 IPTV ('000) 79 88 103 125 125 146 84,8 Wholesale bun
Slide 60: Poland. Financials and Operational
Poland. Financials (adjusted for special factors). millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Total revenue 441 451 472 475 1.839 440 (0,2) EBITDA 169 176 159 187 691 144 (14,8) EBITDA margin (EBITDA / total revenue) % 38,3 39,0 33,7 39,4 37,6 32,7 (5,6p) Cash capex (as reported
Slide 61: Czech Republic. Financials and Operational
Czech Republic. Financials (adjusted for special factors). millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Total revenue 279 291 296 291 1.157 268 (3,9) EBITDA 1 135 139 143 134 551 136 0,7 EBITDA margin (EBITDA / total revenue) % 48,4 47,8 48,3 46,0 47,6 50,7 2,3p Cash capex (as rep
Slide 62: Netherlands. Financials and Operational
Netherlands. Financials (adjusted for special factors). millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Total revenue 442 448 450 427 1.767 418 (5,4) EBITDA 1 102 139 98 122 461 82 (19,6) EBITDA margin (EBITDA / total revenue) % 23,1 31,0 21,8 28,6 26,1 19,6 (3,5p) Cash capex (as rep
Slide 63: Croatia. Financials
Croatia. Financials (adjusted for special factors). 1 millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Total revenue 267 289 314 278 1.148 256 (4,1) -of which Fixed network 154 163 167 166 650 155 0,6 -of which Mobile communications 112 127 147 112 498 101 (9,8) EBITDA 2 113 124 157 1
Slide 64: Croatia. Operational
Croatia. Operational. 1 Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Fixed network (end of period) Fixed network access lines ('000) 1.462 1.446 1.437 1.431 1.431 1.418 (3,0) Broadband retail access lines ('000) 573 584 600 629 629 642 12,0 IPTV ('000) 251 257 271 297 297 310 23,5 Wholesale bun
Slide 65: Slovakia. Financials
Slovakia. Financials (adjusted for special factors). 1 millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Total revenue 2 230 233 239 232 934 214 (7,0) -of which Fixed network 108 110 114 110 442 102 (5,6) -of which Mobile communications 122 123 125 123 493 112 (8,2) EBITDA 3 107 105 10
Slide 66: Slovakia. Operational
Slovakia. Operational. 1 Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Fixed network (end of period) Fixed network access lines ('000) 1.093 1.084 1.072 1.061 1.061 1.051 (3,8) Broadband retail access lines ('000) 378 387 392 402 402 413 9,3 IPTV ('000) 68 73 77 82 82 86 26,5 Wholesale bundled a
Slide 67: Austria. Financials and Operational
Austria. Financials (adjusted for special factors). millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Total revenue 248 243 254 238 983 229 (7,7) EBITDA 83 61 69 70 283 60 (27,7) EBITDA margin (EBITDA / total revenue) % 33,5 25,1 27,2 29,4 28,8 26,2 (7,3p) Cash capex (as reported) 27 1
Slide 68: Bulgaria. Financials and Operational
Bulgaria. Financials (adjusted for special factors). millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Total revenue 104 105 107 106 422 96 (7,7) EBITDA 40 41 42 45 168 37 (7,5) EBITDA margin (EBITDA / total revenue) % 38,5 39,0 39,3 42,5 39,8 38,5 0,0p Cash capex (as reported) 24 22 1
Slide 69: Everything Everywhere. Financials
Everything Everywhere (Joint Venture Deutsche Telekom - France Telecom). Financials (adjusted for special factors). 1,2 millions of GBP Note Q1/10 Q2/10 Q3/10 Q4/10 H2/10 9M/10 Q1/11 % y.o.y. Total revenue 1.751 1.721 1.773 1.804 3.577 5.298 1.704 (2,7) EBITDA (as reported) --- 309 --- --- 528 837 -
Slide 70: Notes
Notes. IR Backup Q1 2011.xls Page 70
Slide 71: Content
Content At a glance 4 Germany Europe Excellent market position 7 Financials 28 Czech Republic 61 EBITDA reconciliation 29 Netherlands 62 Group Operational 30 Croatia 63 Adjusted for special factors 9 Additional information 31 Slovakia 65 EBITDA reconciliation 10 Austria 67 As reported 11 USA Bulgari
Slide 72: Systems Solutions. Financials
Systems Solutions. Financials (adjusted for special factors). millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Total revenue 2.131 2.242 2.205 2.479 9.057 2.260 6,1 of which international 670 707 715 776 2.868 733 9,4 Net revenue 1.532 1.610 1.555 1.714 6.411 1.616 5,5 EBITDA 196 231
Slide 73: Systems Solutions. EBITDA reconciliation
Systems Solutions. EBITDA reconciliation. millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Total revenue 2.131 2.242 2.205 2.479 9.057 2.260 6,1 Profit (loss) from operations = EBIT 18 56 (25) (5) 44 (11) n.a. - Depreciation, amortization and impairment losses (150) (155) (151) (167)
Slide 74: Systems Solutions. Computing Services. Desktop Services
Systems Solutions. Computing Services. millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Total revenue 750 777 766 835 3.128 799 6,6 EBIT (adjusted for special factors) 20 14 0 37 71 11 (46,9) EBIT margin (adjusted for special factors) % 2,6 1,8 0,1 4,4 2,3 1,3 -1,3p EBITDA (adjusted f
Slide 75: Systems Solutions. Systems Integration. Telecommunications
Systems Solutions. Systems Integration. millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Total revenue 426 437 436 503 1.801 466 9,3 EBIT (adjusted for special factors) 11 29 30 35 106 17 53,1 EBIT margin (adjusted for special factors) % 2,7 6,7 6,8 7,1 5,9 3,7 1,0p EBITDA (adjusted f
Slide 76: Notes
Notes. IR Backup Q1 2011.xls Page 76
Slide 77: Content
Content At a glance 4 Germany Europe Excellent market position 7 Financials 28 Czech Republic 61 EBITDA reconciliation 29 Netherlands 62 Group Operational 30 Croatia 63 Adjusted for special factors 9 Additional information 31 Slovakia 65 EBITDA reconciliation 10 Austria 67 As reported 11 USA Bulgari
Slide 78: Group Headquarters & Shared Services. Financials
Group Headquarters & Shared Services. Financials (adjusted for special factors). millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Total revenue 565 583 567 451 2.166 537 (5,0) Net revenue 53 61 56 59 229 57 7,5 EBITDA (172) (182) (192) (324) (870) (163) 5,2 of which Vivento (117) (111
Slide 79: Group Headquarters & Shared Services. EBITDA reconciliation
Group Headquarters & Shared Services. EBITDA reconciliation. millions of € Note Q1/10 Q2/10 Q3/10 Q4/10 FY/10 Q1/11 y.o.y. % Total revenue 565 583 567 451 2.166 537 (5,0) Profit (loss) from operations = EBIT (365) (426) (462) (1.226) (2.479) (347) 4,9 - Depreciation, amortization and impairment loss
Slide 80: Group Headquarters & Shared Services. Vivento
Group Headquarters & Shared Services. Vivento. End of Period. Note 31/03/10 30/06/10 30/09/10 31.12.2010 31/03/2011 Employees Vivento in total 1 9.700 9.700 9.900 8.900 9.000 Employment external 2 4.200 4.200 4.200 3.600 3.300 Employment internal 2.700 2.900 3.200 3.300 3.400 Others 3 2.800 2.600 2.
Slide 81: Notes
Notes. IR Backup Q1 2011.xls Page 81
Slide 82: DTAG. Glossary and Disclaimer
DTAG. Glossary and Disclaimer. In addition to financial information presented in accordance with IFRS, this presentation contains non-GAAP financial measures, such as ... which is defined as ... EBIT Abbreviation for EARNINGS BEFORE INTEREST AND TAXES. EBIT is equivalent to the P&L-line "Profit from