Slide 1: KT FY2015 Earnings Release
KT FY2015 Earnings Release Investor Relations｜ 2016. 1. 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 1-1: Consolidated Income Statement
Financial Highlights 1-1 (Unit: KRW bn) K-IFRS / Consolidated Income Statement FY15 FY14 YoY 4Q15 3Q15 QoQ Operating revenue 22,281.2 22,311.7 -0.1% 5,958.9 5,492.2 8.5% Service revenue 19,513.8 19,061.2 2.4% 5,078.1 4,895.9 3.7% Merchandise revenue 2,767.4 3,250.5 -14.9% 880.9 596.3 47.7% Operating
Slide 5: Financial Highlights 1-2: Financial Position
Financial Highlights 1-2 Financial Position K-IFRS / Consolidated (Unit: KRW bn) FY15 FY14 YoY 4Q15 3Q15 QoQ Assets 29,341.2 33,775.5 -13.1% 29,341.2 31,450.6 -6.7% Cash and cash equivalents 2,559.5 1,888.7 35.5% 2,559.5 2,870.3 -10.8% Debt 17,175.7 21,985.2 -21.9% 17,175.7 19,090.0 -10.0% Borrowing
Slide 6: Financial Highlights 1-3: CAPEX
Financial Highlights 1-3 CAPEX K-IFRS / KT Separate Total CAPEX 2015 YTD 2,397bn Spent 88.8% to FY2015 guidance(KRW 2.7tn) Access Network CAPEX 2015 YTD : 1,316bn Backbone Network CAPEX 2015 YTD : 492bn B2B CAPEX 2015 YTD : 362bn 3,711 3,313 2,514 2,397 (Unit: : KRW bn)
Slide 7: Business Overview
1 Financial Highlights 2 Business Overview 3 Q&A 4 Appendix
Slide 8: Business Overview 2-1: Wireless
Business Overview 2-1 Wireless K-IFRS / Separate (Unit: KRW bn) FY15 FY14 YoY 4Q15 3Q15 QoQ Service 6,523.6 6,310.5 3.4% 1,651.8 1,639.9 0.7% Interconnection 536.7 560.1 -4.2% 137.9 132.6 4.0% Others 310.4 445.5 -30.3% 85.4 71.6 19.3% Wireless 7,370.7 7,316.1 0.7% 1,875.1 1,844.1 1.7% Wireless reven
Slide 9: Business Overview 2-2: Wireline
Business Overview 2-2 Wireline K-IFRS / Consolidated (Unit : KRW bn) FY15 FY14 YoY 4Q15 3Q15 QoQ Telephony 2,313.7 2,607.0 -11.2% 553.0 571.0 -3.2% Broadband 1,733.0 1,762.3 -1.7% 440.0 434.8 1.2% Line lease 1,112.0 1,170.6 -5.0% 275.3 278.6 -1.2% Wireline 5,158.7 5,540.0 -6.9% 1,268.2 1,284.4 -1.3%
Slide 10: Business Overview 2-3: Media / Contents
Business Overview 2-3 Media / Contents K-IFRS / Consolidated (Unit : 1,000) (Unit : KRW bn) FY15 FY14 YoY 4Q15 3Q15 QoQ Media 1,447.5 1,330.7 8.8% 384.0 368.6 4.2% Contents 214.8 177.7 20.9% 56.5 60.2 -6.1% Media/Contents 1,662.3 1,508.4 10.2% 440.5 428.8 2.7% <IPTV Subscribers> Media/Contents reven
Slide 11: Business Overview 2-4: Finance and Others
Business Overview 2-4 Finance K-IFRS / Consolidated Merchandise Merchandise revenue fell by 14.9% YoY due to changes in accounting policy regarding subsidies Handset sales increased 47.7% QoQ on growing handset volume and price Finance revenue Finance revenue increased 5.9% YoY on credit/check card
Slide 12: 2-5 Operating Expenses
2-5 Operating Expenses K-IFRS / Consolidated (Unit : KRW bn) FY15 FY14 YoY 4Q15 3Q15 QoQ Labor cost 3,303.5 3,918.7 -15.7% 895.8 844.3 6.1% General expenses 9,819.6 9,965.7 -1.5% 2,611.8 2,438.1 7.1% Cost of service provided 2,276.0 2,743.7 -17.0% 586.6 563.0 4.2% Selling expenses 1,954.5 2,748.4 -2
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 4-1
K-IFRS Quarterly Income Statements 4-1 (Unit : KRW bn) Consolidated I/S 1Q 15 2Q 15 3Q 15 4Q 15 KT Separate I/S 1Q 15 2Q 15 3Q 15 4Q 15 Operating revenue 5,398.7 5,431.3 5,492.2 5,958.9 Operating revenue 4,133.4 4,197.1 4,163.2 4,448.6 Service Revenue 4,713.3 4,826.5 4,895.9 5,078.1 Service Revenue
Slide 16: K-IFRS Yearly Income Statements 4-2
K-IFRS Yearly Income Statements 4-2 Consolidated I/S 2014 2015 YoY KT Separate I/S 2014 2015 YoY Operating revenue 22,311.7 22,281.2 -0.1% Operating revenue 17,435.8 16,942.4 -2.8% Service Revenue 19,061.2 19,513.8 2.4% Service Revenue 14,202.1 14,300.9 0.7% Wireless 7,316.1 7,370.7 0.7% Wireless 7,
Slide 17: K-IFRS Statement of Financial Position 4-3
K-IFRS Statement of Financial Position 4-3 Consolidated 1Q 15 2Q 15 3Q 15 4Q 15 KT Separate 1Q 15 2Q 15 3Q 15 4Q 15 Asset 34,618.6 31,025.7 31,450.6 29,341.2 Asset 25,049.8 24,267.5 24,194.7 24,222.5 Current assets 12,333.0 10,091.7 10,701.9 8,583.2 Current assets 4,779.7 4,524.4 4,736.2 4,636.9 Cas
Slide 18: Subscribers (KT only)
Subscribers (KT only) 4-3 Wireless 1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 QoQ YoY Subscribers (Unit: 1,000)1) Total (LTE+WCDMA) 16,471 16,772 17,182 17,300 17,437 17,637 17,801 18,038 1.3% 4.3% Net additions 17 301 410 118 137 200 164 238 45.3% 100.7% Gross additions 1,477 1,459 1,793 1,255 1,393 1
Slide 19: Thank you
Thank you