Emirates Integrated Telecommunications Company Pjsc · DFM:DU

Emirates Integrated Telecommunications Company Pjsc — Emirates Integrated Telecommunications Company (EITC) — Q3 2009 Earnings Presentation

9 slides from Emirates Integrated Telecommunications Company Pjsc's earnings presentation, Nov 1, 2009

  1. Slide 1: Emirates Integrated Telecommunications Company (EITC) Q3 2009 results

    Emirates Integrated Telecommunications Company (EITC) Q3 2009 results Earnings Conference Call 1 November 2009 This document is confidential and is intended solely for the use and information of du 1

  2. Slide 2: Q3 2009 Highlights

    Q3 2009 Highlights Underlying growth in mobile revenues and continued operational efficiency drive profit growth • 233,200 net active mobile subscribers added during the quarter, bringing the total 90 day active mobile subscriber base to 3,139,100 at quarter end, achieving circa 30% market share, an

  3. Slide 3: Revenue & Margins

    Revenue & Margins Revenues drive sustained performance 1,400 Revenue by Segment 1,333 Gross Margin 1,310 1,227 36 1,000 67% 36 1,166 115 1,200 34 150 32 900 66% 1,060 112 108 242 30 800 876 1,000 243 810 863 65% 908 89 242 230 776 30 700 941 64% 756 75 212 882 800 AED Millions 840 600 669 26 795 AED

  4. Slide 4: Drivers - Mobile

    Revenue Drivers - Mobile 29% increase in mobile revenues year on year; subscribers up 51% Subcribers - Mobile Revenue - Mobile ('000) 1,000 3,500 941 882 900 840 795 3,000 3,139 800 730 2,906 2,500 2,750 700 595 2,498 600 AED Millions 2,000 464 2,077 500 1,850 1,500 400 1,404 300 1,000 200 500 100 0

  5. Slide 5: Drivers – Fixed

    Revenue Drivers – Fixed Fixed line take up rises by 44% vs Q3 08 Revenue - Fixed 300 • Fixed revenues remained steady at AED 241.6 million for 250 9 9 the quarter, reflecting summer seasonality, however up 4 33 14% compared to Q3 08 200 18 22 • Total fixed lines increased 44% to 358,000 compared to

  6. Slide 6: Drivers - Wholesale & Broadcasting

    Revenue Drivers - Wholesale & Broadcasting Revenue - Wholesale Revenue - Broadcasting 160 40 140 150 35 36 36 34 120 32 30 115 30 112 30 100 108 25 26 AED Millions 97 AED Millions 80 89 20 75 60 15 40 10 20 5 0 0 Q1-08 Q2-08 Q3-08 Q4-08 Q1-09 Q2-09 Q3-09 Q1-08 Q2-08 Q3-08 Q4-08 Q1-09 Q2-09 Q3-09 • Q

  7. Slide 7: Profit & Loss

    Profit & Loss EBITDA nears AED 300m for Q3 & Profits exceed AED 157m Earnings Before Interest, Tax, Depreciation & Ammortization 350 25% 300 297 20% 250 236 242 AED Million 15% 200 150 159 10% 100 102 5% 50 2 29 - 0% Q1-08 Q2-08 Q3-08 Q4-08 Q1-09 Q2-09 Q3-09 EBITDA % of Revenue • EBITDA for the quar

  8. Slide 8: Capital Investments and Cash Flow

    Capital Investments and Cash Flow Capex on track to achieve AED 2 billion investment target by year end 600 Cash Flow 1,000 Capex Additions 400 900 914 200 451.6 277.1 311.6 800 173.9 141.1 162.2 0 Millions (AED) 700 (149.9) (2.1) 600 (200) (361.7) (66.5) 638 (332.9) (164.3) Millions (AED) (365.8) 5

  9. Slide 9: Q&A

    Q&A © 2009. Proprietary and Confidential 9

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