Slide 1: KT 2Q16 Earnings Release
KT 2Q16 Earnings Release Investor Relations｜ 2016. 7. 29
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 pr
Slide 3: Contents
Contents 1 Financial Highlights 2 Business Overview 3 Q&A 4 Appendix
Slide 4: Financial Highlights: Income Statement
Financial Highlights 1-1 (Unit: KRW bn) K-IFRS / Consolidated Operating revenue 5,677.6bn (YoY) +4.5% Service revenue 5,041.2bn (YoY) +4.4% Operating income 427bn (YoY) +15.8% Net income 255.2bn (YoY) -20.7% EBITDA 1,257.2bn (YoY) +4.3% 2Q15 1Q16 2Q16 QoQ YoY Operating revenue 5,431.3 5,515.0 5,677.
Slide 5: Financial Highlights: Operating Expenses
1-2 K-IFRS / Consolidated Financial Highlights Operating expenses 5,250.7bn (YoY) +3.7% Labor cost 856.5bn (YoY) +9.1% General Expenses 2,439.2bn (YoY) +1.7% Cost of merchandise 815.1bn (YoY) -1.0% 2Q15 1Q16 2Q16 QoQ YoY Operating Expenses 5,062.5 5,129.9 5,250.7 2.4% 3.7% Labor cost 785.1 853.7 856
Slide 6: Financial Highlights: Debt Position and Financial Position
Financial Highlights 1-3 K-IFRS / Consolidated (Unit: KRW bn) Debt Position Borrowing : 8,227.5bn Net Debt : 5,184.3bn Debt Ratio Debt to Equity : 130.3% Net Debt to Equity : 41.7% 2Q15 1Q16 2Q16 QoQ YoY Assets 31,025.7 29,484.8 28,624.2 -2.9% -7.7% Cash and cash equivalents 2,047.7 2,791.9 3,043.2
Slide 7: Financial Highlights: CAPEX
Financial Highlights 1-4 K-IFRS / KT Separate Total CAPEX 1H16 : 637.2bn Spent 25.5% to FY2016 guidance (KRW 2.5tn) 1H16 CAPEX Breakdown Access Network : 300.7bn Backbone Network : 98.6bn B2B : 150.1bn Others : 87.8bn Expected to spend within KRW 2.5tn in FY2016 CAPEX (Unit: KRW bn)
Slide 8: Business Overview
1 Financial Highlights 2 Business Overview 3 Q&A 4 Appendix
Slide 9: Business Overview: Wireless
Business Overview 2-1 (Unit: KRW bn) Wireless revenue increased 2.8% YoY Service revenue grew 2.6% YoY due to increased subscriber/ ARPU Other wireless revenue decreased 11.2% YoY due to abolition of activation fee Continuous net addition and increase of LTE penetration ratio Subscribers reached 18.
Slide 10: Business Overview: Wireline
Business Overview 2-2 K-IFRS / Consolidated (Unit : KRW bn) (Unit : 1,000) Wireline revenue decreased 1.1% YoY Telephony Telephony revenue fell 11.5% YoY due to line loss and MOU decline Broadband Broadband revenue increased +12.0% YoY, on ARPU & subscriber growth and interconnection revenue additio
Slide 11: Business Overview: Media/Contents
Business Overview 2-3 (Unit : 1,000) (Unit : KRW bn) < IPTV Subscribers > Media/Contents revenue grew 15.1% YoY Media Continuous growth of IPTV ARPU on improved subscriber mix IPTV subscribers reached 6.8m with net additions of 140k in 2Q Monthly fee and VAS revenue increased Contents Steady growth
Slide 12: Business Overview: Merchandise, Finance and Other Service
Business Overview 2-4 Merchandise Merchandise revenue increased by 5.2% YoY due to handset sale increase Finance revenue Finance revenue increased 7.1% YoY due to increased transaction volume of credit/check card Other Service revenue Other Service revenue rose 12.4% YoY due to Global ICT/Solution r
Slide 13: Q&A
1 Financial Highlights 2 Business Overview 3 Q&A 4 Appendix
Slide 14: Appendix
1 Financial Highlights 2 Business Overview 3 Q&A 4 Appendix
Slide 15: K-IFRS Quarterly Income Statements
K-IFRS Quarterly Income Statements 4-1 (Unit : KRW bn) Consolidated I/S 1Q 15 2Q 15 3Q 15 4Q 15 1Q 16 2Q 16 KT Separate I/S 1Q 15 2Q 15 3Q 15 4Q 15 1Q 16 2Q 16 Operating revenue 5,398.7 5,431.3 5,492.2 5,958.9 5,515.0 5,677.6 Operating revenue 4,133.4 4,197.1 4,163.2 4,448.6 4,200.9 4,203.5 Service
Slide 16: K-IFRS Statement of Financial Position
K-IFRS Statement of Financial Position 4-2 (Unit : KRW bn) Consolidated 1Q 15 2Q 15 3Q 15 4Q 15 1Q 16 2Q 16 KT Separate 1Q 15 2Q 15 3Q 15 4Q 15 1Q 16 2Q 16 Asset 34,618.6 31,025.7 31,450.6 29,341.2 29,484.8 28,624.2 Asset 25,049.8 24,267.5 24,194.7 24,222.5 23,981.9 23,590.8 Current assets 12,333.0
Slide 17: Subscribers (KT Separate)
Subscribers (KT Separate) 4-3 Wireless 1Q 15 2Q 15 3Q 15 4Q 15 1Q 16 2Q 16 QoQ YoY Subscribers (Unit: 1,000)1) Total (LTE+WCDMA) 17,437 17,637 17,801 18,038 18,180 18,378 1.1% 4.2% Net additions 137 200 164 238 141 198 39.9% -1.1% Gross additions 1,393 1,179 1,115 1,215 1,144 1,134 -0.9% -3.8% Deact
Slide 18: Thank you
Thank you