Slide 1: SEC Cover Sheet
COVER SHEET fe[efofeel Trlelefefefofm]. ft Titesel-{ [TT I | aa (Company's Full Name) P{1)}O;N/E/E/)R c}O;R MIA|D]|1/S|O/N S|T)R/JE/E|TIS], MIA|N|D/A/L/U]Y|O/N|G cy I; TY (Business Address: No. Street City / Town / Province) ALBERTO M. DE LARRAZABAL 730-2742 Contact Person Company Telephone Number 1
Slide 2: SEC Form 17-C Current Report
SECURITIES AND EXCHANGE COMMISSION SEC FORM 17-C CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATIONS CODE (SRC) AND SRC RULE 17(a)-1(b)(3) THEREUNDER Date of Report (Date of earliest event reported) 2. 1177 . 3. 000-768-480-000 SEC Identification Number BIR Tax Identification Number 4. GLO
Slide 3: Globe Telecom Financial and Operating Results First Half 2013
8/6/2013 GLOBE TELECOM, INC. FINANCIAL AND OPERATING RESULTS FIRST HALF 2013 7 AUGUST 2013 (In Php Mn) (In Php Mn) (in Php Mn) (In Php Mn) Had exchange rates been steady, consolidated revenues would have grown by 10% YoY instead of reported 9% growth. 1 1
Slide 4: Mobile Business Results
8/6/2013 (In Php Bn) (In Thousand SIMs) 8% 35.8 YoY QoQ 1% 33.3 1H12 change change 22.4 22.7 20% 13.1 (In Php Mn) 10.9 Postpaid Prepaid Total Mobile 1H 2012 1H 2013 Postpaid revenues now account for 37% of total mobile revenues, up from 33% in 1H12, as subscriber build-up continues.
Slide 5: Broadband and Fixed Line Data Revenues
8/6/2013 Broadband Revenues Broadband Subscribers (in Php Mn) (in ‘000) +25% +15% 5,145 1,814 1,584 4,106 Wireless 1,445 Wired 1,267 317 369 1H 2012 1H 2013 1H 2012 1H 2013 Fixed Line Data Revenues (in Php Mn) +12% 2,259 2,017 1H 2012 1H 2013 4 New Smartphones Pay Pag-IBIG via GCash Run your busines
Slide 6: Network Modernization and IT Transformation Updates
8/6/2013 Network Modernization Updates First phase of network modernization is practically done. Globe is now embarking on building more sites, boosting capacity and enhancing network performance. 73% of the network already on 4G HSPA+ providing faster mobile browsing experience for customers.
Slide 7: Financial Performance First Half 2013
8/6/2013 • • • • • • • • • GLOBE TELECOM, INC. FINANCIAL PERFORMANCE FIRST HALF 2013 7 AUGUST 2013 5
Slide 8: Consolidated Financial Highlights
8/6/2013 Consolidated Financial Highlights Y/Y Q/Q 1H13 1H12 2Q13 1Q13 In Php Mn Change Change Service Revenues 44,532 40,767 9% 23,164 21,368 8% OPEX & Subsidy 25,592 23,088 11% 13,000 12,592 3% EBITDA 18,940 17,679 7% 10,164 8,776 16% EBITDA Margin 43% 43% 44% 41% Depreciation 16,071 9,783 64% 8,6
Slide 9: Gearing ratios and dividend policy
8/6/2013 Gearing ratios higher but remain comfortably within defined optimum levels with additional borrowings raised for transformation initiatives CAPEX (In PhP Mn) Gross D/E Ratio 26,810 1.60 1.35 19,467 8,558 19,442 17,417 1.07 1.01 11,499 18,252 7,943 2010 2011 2012 6M13 2010 2011 2012 6M13 BAU
Slide 10: Q&A Appendix
8/6/2013 Q&A Appendix 8
Slide 11: Appendix: Historical Revenues, EBITDA, and Net Income
8/6/2013 Appendix 1: Historical Consolidated Gross / Net Service Revenues and EBITDA Margin 2012 2013 (in Million Pesos) 1Q 2Q 3Q 4Q 1Q 2Q CONSOLIDATED GROSS SERVICE REVENUES Mobile 16,571 16,710 16,577 17,331 17,124 18,717 Data 8,635 8,554 8,599 8,955 9,454 10,449 Voice 7,936 8,156 7,978 8,376 7,67