Magyar Telekom Telecommunications Plc · BET:MTELEKOM
Magyar Telekom Telecommunications — Magyar Telekom — Q3 2012 Earnings Presentation
18 slides from Magyar Telekom Telecommunications's earnings presentation, 2012
Slide 1: Q3 2012 Results Magyar Telekom Group
Q3 2012 Results Magyar Telekom Group Significant achievements in challenging environment, on track to meet full year revenue and EBITDA guidance 1
Slide 2: Q3 2012 highlights
Q3 2012 highlights further pressure on traditional voice and data revenues Revenues lower l SI/IT revenues down by 1.3% growth in energy service revenues higher mobile equipment, TV and mobile internet revenues Underlying benefits of widespread and deep cost-cutting measures becoming visib
Slide 3: 2012 Q3 Group results – Revenues and EBITDA
2012 Q3 Group results – Revenues and EBITDA Group revenues Group EBITDA HUF bn HUF million Underlying performance 155 60 000 152.1 3.2 2 795 56 594 09 0.9 150 1 150.1 55 000 1 526 3 697 1 633 150 3.0 4.7 3 693 51 596 1.6 952 50 000 1.8 1.2 0.5 145 0.4 45 000 140 40 000 135 Q3 F. voice M. voice F. da
Slide 4: Telekom Hungary – Energy retail compensates for voice losses
Telekom Hungary – Energy retail compensates for voice losses T l k H Telekom Hungary revenues HUF million +2% 120,000 106,258 107,946 Telekom Hungary g y 573 5,225 100,000 fixed line revenues down by 5% 80,000 60,737 59,902 higher revenues from TV services partly 60,000 compensating for voice re
Slide 5: Hungary -- Mobile voice: increased market share
Hungary -- Mobile voice: increased market share Mobile voice market shares (based on total SIM cards) Subscribers 15,000,000 -1% 11,668,700 11,508,735 , , 12 000 000 12,000,000 Mobile voice 22.8% 22.7% 9,000,000 population-based penetration at 116% 32.4% 31.3% 6,000,000 higher market share, slig
Slide 6: Hungary -- Mobile broadband: continued dynamic growth
Hungary -- Mobile broadband: continued dynamic growth Mobile broadband market shares (based on total SIM cards) +52% Subscribers 3,000,000 2,852,432 2,500,000 26.0% 1,872,178 Mobile broadband 2,000,000 24.3% 27.6% already 938 HSPA+ base stations offering 21 1,500,000 28 4% 28.4% Mbps download spee
Slide 7: Hungary -- improvement in fixed voice churn
Hungary -- improvement in fixed voice churn Telekom Hungary fixed voice subscribers Subscribers Hungary fixed voice churn 2,000,000 -4% 1,617,679 1 500 000 1,500,000 1,553,901 Fixed voice significant reduction in fixed voice 1,000,000 churn thanks to the retention effect of: VoCa Hoppá package:
Slide 8: Hungary – Energy retail business as major growth driver
Hungary – Energy retail business as major growth driver Gas and electricity points of delivery (POD) PODs 140,000 126,017 120,000 100,000 Gas Energy retail 87,819 Electricity 80,000 61,516 soft launch in 2010, nationwide from April 60,000 2012 40 000 40,000 35 262 35,262 24,628 customers get 5-8
Slide 9: Hungary -- Fixed broadband: solid market position
Hungary -- Fixed broadband: solid market position Fixed broadband market shares in Hungary Hungary* Subscribers +6% 2,500,000 2,142,000 2,021,000 2,000,000 18.2% 20.5% 9.7% Fi d broadband Fixed b db d 1,500,000 9.9% Other 13.5% market growth driven by cable and fiber, 12.1% Invitel 1,000,000 21.1%
Slide 10: Hungary -- TV market: continued subscriber growth
Hungary -- TV market: continued subscriber growth TV market shares in Hungary Hungary* Subscribers 4,000,000 +2% 3,172,000 3,251,000 3 000 000 3,000,000 26.5% 24.8% TV customer growth 2,000,000 23.2% 23.4% significant migration from cable to IPTV Other 24 2% 24.2% 25.2% DIGI driven by ED3 ED3-enab
Slide 11: T-Systems Hungary – strong pressure on traditional revenues
T-Systems Hungary – strong pressure on traditional revenues Revenues HUF million -14% T-Systems Hungary 35,000 30 776 30,776 Falling voice and data revenues 30,000 26,367 25,000 lower usage on fixed voice and data 48.6% networks 20,000 48.8% 15 000 15,000 continued pressure on tariff levels 27.2
Slide 12: Macedonia – Financial performance
Macedonia – Financial performance Revenues Macedonia HUF million -9% Mobile revenues under pressure 21,000 18 000 18,000 18,221 strongg price p competition p 11.9% 16 570 16,570 15,000 13.0% MOU up due to increasing volume of bundled minutes 12,000 42.8% 41.9% #1 position maintained with 48% m
Slide 13: Montenegro – Financial performance
Montenegro – Financial performance Revenues HUF million 0% Montenegro 10,000 9,109 9,075 Competitive mobile market 9 3% 9.3% 11.9% 8,000 lower wholesale revenues driven by cut in 40.6% 35.3% interconnection tariffs in 2011 6,000 MOU up due to tariff discounts and widening 4 000 4,000 21 0% 21.0%
Slide 14: Financials
Financials 14
Slide 15: Magyar Telekom – Consolidated Income Statement
Magyar Telekom – Consolidated Income Statement HUF million 3Q 2011 3Q 2012 Change Mobile revenues 79,922 78,890 -1.3% Fixed line revenues 58,594 54,793 -6.5% System Integration/Information Technology revenues 13,031 11,237 -13.8% Revenue from Energy Services 573 5,225 Revenues 152,120 150,145 -1.3%
Slide 16: Magyar Telekom - Consolidated Balance Sheet
Magyar Telekom - Consolidated Balance Sheet HUF million Dec 31, 2011 Sep 30, 2012 Change Currentt assets C t 220,396 220 396 179,666 179 666 -18.5% 18 5% Cash and cash equivalents 14,451 13,867 -4.0% Other current financial assets 65,286 40,038 -38.7% Non current assets 877,632 845,175 -3.7% Propert
Slide 17: Magyar Telekom - Consolidated Cashflow Statement
Magyar Telekom - Consolidated Cashflow Statement HUF million Sep 30, 2011 Sep 30, 2012 Change Net cash generated from operating activities 134,233 105,441 -21.4% Investments in tangible and intangible assets (43,875) (70,891) 61.6% Adjustments j to cash ppurchases ((6,705) , ) ((1,658) , ) -75.3% Pu
Slide 18: For further questions please contact the IR department
For further questions please contact the IR department: Investor Relations Phone: +36 1 458-0423 Fax: +36 1 458-0443 e-mail: investor.relations@telekom.hu Abbreviations: 3G: third generation, 4G: fourth generation, ARPU: average revenue per user, BB: broadband, CUG: closed user group, HQ: headquarte