Etihad Etisalat Co. · TADAWUL:7020

Etihad Etisalat — Q1 2017 Earnings Presentation

9 slides from Etihad Etisalat's earnings presentation, 2017

  1. Slide 1: Investor Presentation 1st Quarter 2017

    Investor Presentation 1st Quarter 2017 1 1

  2. Slide 2: Disclaimer

    Disclaimer This document has been prepared by Mobily (the “Company”) solely for presentation purposes. The information contained in this document has not been independently verified and no representation or warranty, expressed or implied, is made as to, and no reliance should be placed on, the fairn

  3. Slide 3: Contents

    Contents • General Overview • Financial Overview 3

  4. Slide 4: General Overview | Q1 2017 Main Events

    General Overview l Q1 2017 Main Events  Decrease of 3-months SIBOR from its highs in Q4 (above 2%) to 1.8% in March 2017.  New Corporate Governance Regulations to supersede the old Corporate Governance Regulations and shall Macro enter into force starting April 22, 2017 except for some provisions

  5. Slide 5: Financial Overview | Revenues & Gross Margin

    Financial Overview l Revenues & Gross Margin Revenues Revenues declined YoY by 16.7% due to the following: SAR Million / IFRS(*)  Loss of subscriber base as a result of biometrics -16.7% implementation earlier last year (lower sales and 3,440 3,289 disconnection of unregistered subs). 2,932 2,908 2

  6. Slide 6: Financial Overview | EBITDA and Net Result

    Financial Overview l EBITDA and Net Result EBITDA and EBITDA Margin SAR Million / IFRS EBITDA Margin EBITDA Despite the pressure on revenues, the company -18% maintained a healthy level of EBITDA margin at 1,130 1,144 32.5%. 977 932 817 -5% 33% 35% 34% 33% EBITDA declined by 18% YoY driven by the de

  7. Slide 7: Financial Overview | CAPEX & Operational Cash Flow

    Financial Overview l CAPEX & Operational Cash Flow (EBITDA – CAPEX) CAPEX/ CAPEX to revenues % SAR Million / IFRS CAPEX to Sales CAPEX 1,381 Continuous efforts towards CAPEX rationalization 40% 980 while maintaining customer experience. 34% Q1 CAPEX were affected by previous year backlog 509 343 354

  8. Slide 8: Financial Overview | Net Debt and Net Debt/EBITDA

    Financial Overview l Net Debt and Net Debt/EBITDA Net Debt and Net Debt/EBITDA SAR Billion / IFRS Net Debt/EBITDA Net Debt 13.6 13.7 14.0 13.7 • Close monitoring of the Net Debt and Net 12.2 Debt/EBITDA ratio. • In 2016 the company successfully paid SR 3.6 bn in debt principal and Interest. • An uns

  9. Slide 9: Etihad Etisalat Investor Relations

    Etihad Etisalat Investor Relations Email: Investorcontact@mobily.com.sa Website: www.mobily.com.sa 9

Etihad Etisalat Co. (Mobily) — Q1 2017 Earnings Presentation on 6ix