Slide 1: KT 3Q22 Earning Release
KT 3Q22 Earning Release 2022, 11. 8 | Investor Relations DIGICO KT
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by KT Corp.(the “Company”) in accordance with K-IFRS. 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 c
Slide 3: Financial Highlights, Business Overview, Appendix
2 Financial Highlights 3 Business Overview 4 Appendix 3
Slide 4: 3Q22 Highlights
1 3Q22 Highlights Financials (Unit: KRW) Revenue Revenue Consolidated KT Separate 6,477.2bn (YoY +4.2%) 4,590.2bn (YoY -1.6%) Operating Operating 452.9bn (YoY +18.4%) 323.6bn (YoY +24.9%) Profit Profit Operations Growth portfolio integration Expand partnership and underpinned by DIGICO/B2B Strengthe
Slide 5: DIGICO Transformation
2 DIGICO Transformation Expand growth portfolio and accelerate service revenue growth through DIGICO transformation Service Revenue +7.5% cum. 3Q22 (Unit: KRW, KT Separate, each 3Q accumulated revenue) 12.01tr TELCO B2C DIGICO B2C +2.5% tr +20.1% 7.08 6.91 1.66 1.38 tr tr tr tr B2B 2019 2022 2019 20
Slide 6: Financial Highlights
1 3Q22 Highlights 2 Financial Highlights 3 Business Overview 4 Appendix 6
Slide 7: Consolidated Income Statement
K-IFRS / Consolidated 1 Income Statement • Revenue increased +4.2% YoY solidifying growth portfolio and leading DX • Operating income increased +18.4% YoY based on DIGICO revenue growth (Unit: KRW bn) 3Q21 2Q22 3Q22 QoQ YoY Operating Revenue 6,217.4 6,312.2 6,477.2 2.6% 4.2% Service Revenue 5,402.4
Slide 8: Consolidated Operating Expenses
K-IFRS / Consolidated 2 Operating Expenses (Unit: KRW bn) 3Q21 2Q22 3Q22 QoQ YoY 5,835.0 6,024.3 2.9% 3.2% Operating Expenses 5,853.0 Labor Cost 1,090.0 1,120.9 1,075.3 -4.1% -1.3% 2,447.7 2,586.0 1.0% 5.7% General Expense 2,560.2 - Depreciation 895.1 928.0 906.8 -2.3% 1.3% 835.8 887.6 2.9% 6.2% Cos
Slide 9: Consolidated Financial Position
K-IFRS / Consolidated 3 Financial Position (Unit: KRW bn) 3Q21 2Q22 3Q22 QoQ YoY Assets 35,831.2 39,066.3 40,651.5 4.1% 13.5% Cash & Cash 3,088.9 2,821.7 3,095.1 9.7% 0.2% equivalents Liabilities 19,733.7 22,161.7 22,745.9 2.6% 15.3% 8,396.1 10,074.5 10,366.6 2.9% 23.5% Borrowings 16,097.5 16,904.6
Slide 10: Separate and major subsidiaries CAPEX
K-IFRS / Separate and major subsidiaries 4 CAPEX • 3Q22 YTD CAPEX execution : KRW 1,864.0 bn(KT separate), KRW 522.3bn(major subsidiaries) (Unit: KRW bn) 3,452 3,127 692 462 2,386 ■ Major subsidiaries CAPEX 522 Finance, Media·Content, Cloud/IDC, Real Estate and etc. 2,760 2,666 ■ KT separate CAPEX 1
Slide 11: Business Overview
1 3Q22 Highlights 2 Financial Highlights 3 Business Overview 4 Appendix 11
Slide 12: Separate KT – Telco B2C
K-IFRS / Separate 1 KT – Telco B2C • Telco B2C revenue up +0.6% with mobile/broadband quality subs growth • Leading Mobile revenue growth, 5G subs reached to about 57% of total handset subs (Unit: KRW bn) 3Q21 2Q22 3Q22 QoQ YoY Telco B2C 2,343.3 2,371.9 2,356.7 -0.6% 0.6% Wireless 1,531.2 1,550.3 1,
Slide 13: Separate KT – DIGICO B2C
K-IFRS / Separate 2 KT – DIGICO B2C • DIGICO B2C revenue up +3.6% YoY based on balanced growth of media and mobile platform biz • IPTV revenue up +5.8% YoY with consistent IPTV subs adds and platforms revenue growth (Unit: KRW bn) 3Q21 2Q22 3Q22 QoQ YoY DIGICO B2C 538.9 554.4 558.5 0.7% 3.6% Media 4
Slide 14: Separate KT – TELCO B2B
K-IFRS / Separate 3 KT – TELCO B2B • Corporate broadband/data revenue up +10.9% YoY based on data traffic and premium service growth • Corporate telephony revenue up +6.8% with growth of Communication DX and MVNO subscribers (Unit: KRW bn) 3Q21 2Q22 3Q22 QoQ YoY Telco B2B 498.9 529.9 546.4 3.1% 9.5%
Slide 15: Separate KT – DIGICO B2B
K-IFRS / 별도기준 4 KT – DIGICO B2B • DIGICO B2B rev. down -10.4% YoY due to kt cloud despite growth from AICC, Smart mobility and etc. • Including kt cloud revenue, DIGICO B2B revenue up +9.9% YoY to KRW 592.4bn (Unit: KRW bn) 3Q21 2Q22 3Q22 QoQ YoY • kt cloud를포함한 DIGICO B2B 매출은 5,924억원으로 YoY +9.9% 증가
Slide 16: Major subsidiaries
K-IFRS / consolidated(each subsidiary) 5 Major subsidiaries • BC card revenue up +10.8% with increased credit card transaction volume and new biz expansion • Contents subsidiaries revenue up +24.7% with full-fledged operation of Contents biz and growth of digital ads, T-commerce and others Major Sub
Slide 17: Appendix
1 3Q22 Highlights 2 Financial Highlights 3 Business Overview 4 Appendix 17
Slide 18: K-IFRS Income Statement
1 K-IFRS Income Statement (Unit: KRW bn) Consolidated 3Q 21 4Q 21 1Q 22 2Q 22 3Q 22 KT Separate 3Q 21 4Q 21 1Q 22 2Q 22 3Q 22 Operating revenue 6,217.4 6,623.6 6,277.7 6,312.2 6,477.2 Operating revenue 4,664.7 4,669.5 4,608.4 4,517.8 4,590.2 Service revenue 5,402.4 5,758.1 5,565.5 5,670.5 5,744.8 Se
Slide 19: K-IFRS Balance Sheet
2 K-IFRS Balance Sheet (Unit: KRW bn) Consolidated 3Q 21 4Q 21 1Q 22 2Q 22 3Q 22 KT Separate 3Q 21 4Q 21 1Q 22 2Q 22 3Q 22 35,831.2 37,159.3 37,301.1 39,066.3 40,651.5 28,607.5 29,362.4 29,305.6 30,169.5 31,055.2 Assets Assets Current assets 11,897.4 11,858.4 12,189.9 12,563.7 13,042.2 Current asset
Slide 20: Separate Subscribers Wireless
K-IFRS / Separate 3 Subscribers Wireless 3Q 21 4Q 21 1Q 22 2Q 22 3Q 22 QoQ YoY 1) Subscribers (Unit: Thousands) Total 22,735 22,799 23,060 23,409 23,827 1.8% 4.8% Net additions 114 64 261 349 418 19.8% 265.5% Gross additions 986 1,064 1,039 1,010 984 -2.6% -0.2% 2) Deactivation 871 1,000 778 661 566
Slide 21: Slide 21