Etihad Etisalat Co. · TADAWUL:7020
Etihad Etisalat — Q1 2019 Earnings Presentation
16 slides from Etihad Etisalat's earnings presentation, 2019
Slide 1: Investor Presentation Q1 2019
Investor Presentation Q1 2019
Slide 2: Disclaimer
Disclaimer This document has been prepared by Mobily (the “Company”) solely for presentation purposes. The information contained in this gllge document has not been independently verified and no representation or warranty, expressed or implied, is made as to, and no Mobily reliance should be placed
Slide 3: Content
Content ghibge Mobily ° Environment * Regulatory and Telecom Environment * Major Highlights * Strategy ° Key Financial Highlights * Appendix
Slide 4: Regulatory and Telecom Environment | General Overview
Regulatory and Telecom Environment | General Overview chge Mobily * Total mobile subscriptions in the Saudi Arabia reached 41.3 mn, with a voice penetration rate of 126.9%* Regu latory + IFRS 16 implementation starts from Ist of Jan 2019 and * Spectrum auction of the 2.6 GHz and 3.5 GHz bands: Mobil
Slide 5: Major Highlights | Major Figures
Performance Highlights Major Highlights | Major Figures chge Mobily Continuation of the delivery of the RISE strategy: RISE turnaround strategy is yielding steady strong results. Consistent strong performance: o 6th consecutive QoQ quarterly revenue growth o 4th consecutive YoY quarterly revenue gro
Slide 6: Strategy | 2019: Excel in Customer Experience
Strategy | 2019: Excel in Customer Experience ghibge 2019+ Mobily H2 2018- H1 2019 World-class performance ‘Wow’ ing customers 2017-H1 2018 66 To be one of the most admired Saudi companies, creating superior value for our stakeholders 9 Excel in customer experience Back on track * CX-centric process
Slide 7: Key Financial Highlights | Regular Growth of the Topline
Key Financial Highlights | Regular Growth of the Topline (z.0%) 13.0% ~~ 3,162 3,201 2,895 2,976 _ Revenues (In SAR Million) Q1 2018 Q2 2018 Q3 2018 Q4 2018 Q1 2019 . Mobily continued to grow its quarterly revenues in Q1 2019 QoQ (1.2%) and YoY (13%) . Revenue growth is driven by the following: o Co
Slide 8: Key Financial Highlights | Regular Growth of the EBITDA
Key Financial Highlights | Regular Growth of the EBITDA ghibge Mobily — — EBITDA margin 1 Pre IFRS16 EBITDA IFRS16 Impact | +23% v 1,341 “aye. Ge) 150 40% a Ql 2018 Q2 2018 Q3 2018 Q4 2018 Ql 2019 QI 2019 EBITDA increased by 23% YoY to 1,272 MSAR and decreased by 5% QoQ. The YoY growth of the EBITDA
Slide 9: Key Financial Highlights | Continuation of the deployment of the network modernization
Key Financial Highlights | Continuation of the deployment of the network modernization and additional spectrum else Mobily — — CAPEX/Revenues% fl CAPEX Spectrum Q1 2018 Q2 2018 Q3 2018 Q4 2018 Qi 2019 . Mobily secured 100 MHz of additional spectrum in the 3.5 GHz bands and 100MHz in the 2.6 GHz band
Slide 10: Key Financial Highlights | Continuous focus on cash flow generation
Key Financial Highlights | Continuous focus on cash flow generation chbge Mobily {il EBITDA - Capex IFRS16 Impact on EBITDA +120% 634 | 522 222 QI 2018 Q2 2018 Q3 2018 Q4 2018 Ql 2019 = Q1 2019 Operational Cash Flow (EBITDA-CAPEX) increased to SAR 490M million versus SAR 222 million for the same per
Slide 11: Pre-IFRS16 Net Debt/EBITDA and Net Debt
Pre-IFRS16 Net Debt/EBITDA Pre-IFRS16 Net Debt
Slide 12: Net Income
Net Income (In SAR Million) Pre- EBITDA D&A Finance Post- IFRS16 expenses IFRS16 Q1 2019 Q1 2019 o o o
Slide 13: Q&A
in =F. } Q&A
Slide 14: Appendix
Appendix
Slide 15: IFRS Leases Summary
IFRS 16 “Leases” Summary chge * IFRS 16 ( “the Standard”) is applicable from 01 January 2019 Mobily * The Standard introduces single accounting model for all applicable leases * The application of Standard results in : i) Capitalization of lease payments over the lease term using discounted values a
Slide 16: Etihad Etisalat Investor Relations
Etihad Etisalat Investor Relations Email: Investorcontactamobily.com.sa Website: Investor Relations Page bse Mobily
Etihad Etisalat Co. (Mobily) — Q1 2019 Earnings Presentation on 6ix