Slide 1: KT 3Q15 Earnings Release
KT 3Q15 Earnings Release Investor Relations 2015.10.30
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
Slide 3: Contents
Contents Financial Highlights Business Overview Q&A Appendix
Slide 4: Financial Highlights: Income Statement
K-IFRS / Consolidated 1-1 Financial Highlights Income Statement (Unit: KRW bn) Operating revenue 5,492.2bn (YoY) -2.9% / (QoQ) 1.1% Service revenue 4,895.9bn (YoY) 0.1% / (QoQ) 1.4% Operating income 343.3bn (YoY) 17.8% / (QoQ) -6.9% Net income 126.0bn (YoY) 70.2% / (QoQ) -60.9% EBITDA 1,174.3bn (YoY
Slide 5: Financial Highlights: Financial Position
K-IFRS / Consolidated 1-2 Financial Highlights Financial Position (Unit: KRW bn) Debt Position Borrowings : 8,639.6bn Net Debt : 5,769.3bn Debt Ratio Debt to Equity : 154.4% Net Debt to Equity : 46.7% 3Q15 3Q14 YoY 3Q15 2Q15 QoQ Assets 31,448.0 34,118.2 -7.8% 31,448.0 31,025.7 1.4% Cash and cash 2,8
Slide 6: Financial Highlights: CAPEX
4 K-IFRS / KT Separate 1-3 Financial Highlights CAPEX Total CAPEX 3Q 2015 : 511bn 2015 YTD : 1,344.5bn FY2015 guidance : KRW 2.7tn Wireless CAPEX 3Q 2015 : 157.3bn 2015 YTD : 474.4bn FY2015 guidance: KRW 0.8tn Wireline CAPEX 3Q 2015 : 291.6bn 2015 YTD : 718.8bn FY2015 : KRW 1.4tn 3,710.6 (Unit: KRW
Slide 7: Business Overview
1 Financial Highlights 2 Business Overview 3 Q&A 4 Appendix 6
Slide 8: Business Overview: Wireless
K-IFRS / Consolidated 2-1 Business Overview Wireless (Unit: KRW bn) Wireless revenue decreased 3.6% YoY Service revenue grew on increased LTE penetration Interconnection and Others revenue declined on interconnection rate adjustment and reduction of subscription fee Continuous subscribers and ARPU g
Slide 9: Business Overview: Wireline
K-IFRS / Consolidated 2-2 Business Overview Wireline (Unit: KRW bn) Wireline revenue declined 6.4% YoY Telephony Telephony revenue fell by 11.0% YoY, due to line loss and MOU decline Broadband Despite subscriber net additions, broadband revenue fell by 1.2% YoY, on increased bundling discounts Backe
Slide 10: Business Overview: Media / Contents
K-IFRS / Consolidated 2-3 Business Overview Media / Contents (Unit: KRW bn) Media/Contents revenue grew 8.2% YoY Media revenue increased 8.5% YoY on IPTV subscriber expansion IPTV media subscribers reached 6.4m with net additions of 766K YoY Value added service revenue such as PPV & Advertising incr
Slide 11: Business Overview: Finance and Other Service
K-IFRS / Consolidated 2-4 Business Overview Finance (Unit: KRW bn) Finance revenue Finance revenue increased 2.0% YoY on credit/check card usage increase Other Service revenue Other Service Revenue rose 28.4% YoY mainly due to IT/Solution revenue increase and KTCS, KTIS consolidation 3Q15 3Q14 YoY 3
Slide 12: Business Overview: Operating Expenses
K-IFRS / Consolidated 2-5 Business Overview Operating Expenses (Unit: KRW bn) Operating expenses decreased 4.0% YoY Labor cost increased 37.0% YoY due to KTCS, KTIS consolidation General Expenses decreased 3.1% YoY on reduction of commission and depreciation costs Cost of service provided fell by 30
Slide 13: Q&A
Financial Highlights Business Overview Q&A Appendix 12
Slide 14: Appendix
Financial Highlights Business Overview Q&A Appendix 13
Slide 15: K-IFRS Quarterly Income Statements
4-1 K-IFRS Quarterly Income Statements (Unit: KRW bn) Consolidated I/S 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 Operating revenue 5,596.6 5,633.6 5,657.4 5,424.1 5,398.7 5,431.3 5,492.2 Service Revenue 4,650.1 4,776.6 4,892.0 4,742.5 4,713.3 4,826.5 4,895.9 Wireless 1,783.7 1,799.1 1,913.0 1,820.3 1,822.3
Slide 16: K-IFRS Statement of Financial Position
4-2 K-IFRS Statement of Financial Position (Unit: KRW bn) Consolidated 1Q14 2Q 14 3Q 14 4Q14 1Q15 2Q15 3Q15 Asset 34,317.5 34,116.4 34,118.2 33,775.5 34,618.6 31,025.7 31,448.0 Current assets 10,009.0 9,556.2 9,678.9 8,750.9 12,333.0 10,091.7 10,702.0 Cash &cash equivalents 1,694.8 2,315.8 2,041.3 1
Slide 17: Subscribers (KT only)
4-3 Subscribers (KT only) Wireless 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 QoQ YoY Subscribers(Unit: 1000)1) Total(LTE+WCDMA) 16,471 16,772 17,182 17,300 17,437 17,637 17,801 0.9% 3.6% Net Additions 17 301 410 118 137 200 164 -18.2% -60.1% Gross additions 1,477 1,459 1,793 1,255 1,393 1,179 1,115 -5.4% -
Slide 18: Thank You
Thank You KT