Kuwait Telecommunications Co. · KSE:STC
Kuwait Telecommunications — FY2015 Earnings Presentation
17 slides from Kuwait Telecommunications's earnings presentation, 2016
Slide 1: Investor Presentation Full Year 2015
Investor Presentation Full Year 2015
Slide 2: Table of content
Table of content VIVA’s History in Brief 4 VIVA Key Milestones 5 Vision and Values 6 Shareholders' Structure 7 Population & Penetration 8 Regulations 9 VIVA Competitive Strengths 10 VIVA’s Market Share 11 Financial Results 12 VIVA's Stock Performance 14 Appendix – Balance Sheet & Income Statement 15
Slide 3: VIVA's History in Brief
VIVA’s History in Brief Emiri decree number 187/2007 was released regarding the license of the incorporation of Kuwait 2007 Telecommunications Company. Jun The incorporation contract and principal law of the company was adopted by the Ministry of Commerce and the Ministry of Industry and Fatwa and L
Slide 4: VIVA Key Milestones
VIVA Key Milestones 2008 2009 2010 2011 Kuwait Telecommunication First to introduce Apple Company (K.S.C) launches iPhone officially in Kuwait. VIVA introduces high speed commercially under the Expand retail network and Mobile Broadband in VIVA launches strategic brand name VIVA the launch joint pro
Slide 5: Vision and Values
Vision and Values Our vision is to provide unique services and products that satisfy the aspirations of our clients and accommodate their needs, which in turn will earn us their trust. This is through presenting our customers with numerous telecommunications opportunities with the goal of boosting o
Slide 6: Shareholders' Structure
Shareholders' Structure Saudi Telecom 52% Kuwaiti Government 24% Public Shareholders 24% STC, the leading regional telecom operator, The Kuwaiti government holds 24% of Public Share holders consists of won the bid for third mobile license in VIVA through different governmental companies, portf
Slide 7: Population & Penetration
Population & Penetration Kuwait population since 2010 is growing at the same level of 2.8% yearly and the growth is forecasted by IMF at 2.8% over the next 5 years compared to almost 1% for the global population growth. This growth coupled with rising income levels will propel growth in consumer spe
Slide 8: Telecom Regulations
Telecom Regulations Telecommunication Regulatory Authority (TRA) May 2014 • The Amiri Decree announcing the creation of telecommunication regulatory authority (TRA) Historically and till 1st July 2015 of Feb 2016, all telecom operators in • The ministries council decree to create the framework of th
Slide 9: VIVA Competitive Strengths
VIVA Competitive Strengths VIVA follows a customer-centric strategy, which entails focusing on the communication needs of customers and providing Customer-Centric differentiated service. This strategy positions VIVA as the only telecom provider in Kuwait that targets enhancing customer Strategy ex
Slide 10: VIVA's Market Share
VIVA’s Market Share Total Subscriber Base in Kuwait (Mn) Subscriber Market Share – Dec 2015 9.0 8.0 7.6 7.70 7.0 6.7 5.9 32% 6.0 30% 5.2 5.0 4.5 3.9 4.0 3.3 2.8 3.0 2.5 2.0 1.0 38% 0.0 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 VIVA Subscribers (Mn) Revenue Market Share – Dec 2015 3.0 2.4 2.5
Slide 11: Latest Financial Results
Latest Financial Results 2015 Key Figures & Ratios 2014 Growth 2.5 Subscribers (Mn) 2.4 +2% 277 Client base witnessing an Revenue (KD Mn) 239 +16% 49 increase of 2% to reach 2.5 Mn Operating Profit (KD Mn) 45 +8% 18% subscribers in 2015, compared Operating Profit Margin (%) 19% -1pt. 43 to 2.4 Mn
Slide 12: Historical Financial Highlights
Historical Financial Highlights Revenue (KD Million) Net Profit (KD Million) 300 276.9 50 43.0 239.0 40.4 250 40 200 182.4 30 24.3 150 137.5 20 100 50 10 3.9 0 0 2012 2013 2014 2015 2012 2013 2014 2015 Operating Profit (KD Million) CAPEX (KD Million) Operating Profit (KWD Million) Operating Profit M
Slide 13: VIVA's Stock Performance Rebased 100 Index
VIVA's Stock Performance Rebased Index Since VIVA’s 31 Dec 2014 – Stock Performance vs. KSE and Telecom weighted Indices VIVA's Market Stock Price (KWD) KSE Weighted Index Telecom Weighted Index 170 Rebased 100 Index 150 VIVA +44.6% 130 110 90 KSE Weighted Index ‐19.5% 70 Telecom Weighted Index ‐22.
Slide 14: Appendix
Appendix Balance Sheet (2012– 2015) Income Statement (2012– 2015) 15
Slide 15: Balance Sheet (2012 – 2015)
Balance Sheet (2012 – 2015) 2012 2013 2014 2015 Balance Sheet KD Mn KD Mn KD Mn KD Mn ASSETS Non-current assets Property and equipment - Net 98.9 119.0 113.1 125.4 Intangible assets - Net 0.1 30.6 36.3 50.6 Other non-current assets 0.7 0.7 0.7 0.6 Total non-current assets 99.7 150.3 150.1 176.5 Curr
Slide 16: Income Statement (2012 – 2015)
Income Statement (2012 – 2015) 2012 2013 2014 2015 Income Statement KD Mn KD Mn KD Mn KD Mn Revenue 137.5 182.4 239.0 276.9 Other Operating expenses (114.6) (116.8) (126.3) (145.8) Depreciation and amortization (18.0) (39.5) (67.6) (82.2) Finance cost (Net) (0.8) (1.4) (2.2) (2.6) Other expenses (0.
Slide 17: Thank you
Thank you Investor Relations: Investor.relations@viva.com.kw Tel: +965 5000 1911 www.viva.com.kw
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