Deutsche Telekom AG · XETR:DTE
Deutsche Telekom — Q1 2005 Earnings Presentation
96 slides from Deutsche Telekom's earnings presentation, May 2005
Slide 1: Backup Q1 2005
Backup Q1 2005. Deutsche Telekom Investor Relations, Bonn office Phone +49 228 181 - 8 88 80 Fax +49 228 181 - 8 88 99 E-Mail investor.relations@telekom.de Investor Relations, New York office Phone +1 212 424 2926 Phone + 1 877 DT SHARE (toll-free) Fax +1 212 424 2986 E-Mail investor.relations@usa.t
Slide 2: Content
Content. At a glance...............................................................3--4 Excellent market position ........................................... 5 Group Broadband/Fixed Net ..........................................26 Adjusted P&L .......................................................
Slide 3: At a Glance I
At a Glance I. € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 Total Revenue Broadband/Fixedline 6,941 6,809 6,609 6,651 27,010 6,638 -4.4% T-Com 6,599 6,470 6,254 6,278 25,601 6,304 -4.5% T-Online 489 499 486 538 2,012 509 4.1% T-Mobile 6,272 6,649 6,914 6,692 26,527 6,746 7.6% Business Custo
Slide 4: At a Glance II
At a Glance II. € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 EBITDA Margin excluding special influences Broadband/Fixedline 37.3% 37.8% 37.8% 37.7% 37.7% 37.9% 0.6%p T-Com 37.7% 37.7% 37.7% 38.8% 38.0% 38.6% 0.9%p T-Online 24.1% 25.9% 28.0% 15.1% 23.1% 17.3% -6.8%p T-Mobile 29.1% 32.0% 34.3
Slide 5: Excellent market position
Excellent market position. Delta q.o.q. Delta y.o.y. million 1 31/03/04 30/06/04 30/09/04 31/12/04 31/03/05 abs. % abs. % 2 Broadband lines total 4.5 4.9 5.4 6.1 6.7 0.6 9.8% 2.2 48.9% 3 of which Germany 4.4 4.7 5.2 5.8 6.4 0.6 10.3% 2.0 45.5% 4 of which resale 0.0 0.0 0.1 0.2 0.5 0.3 150.0% 5 Narro
Slide 6: DT-Group
DT-Group. Content Adjusted P&L 7 ............................................................................................................................................... Unadjusted P&L 8 ..........................................................................................................
Slide 7: Group P&L excluding special influences
Group P&L excluding special influences. € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 Net revenue 13,890 14,377 14,353 14,740 57,360 14,376 3.5% Cost of sales -7,219 -7,618 -7,514 -7,872 -30,223 -7,526 -4.3% Gross profit/loss from sales 6,671 6,759 6,839 6,868 27,137 6,850 2.7% Selling costs
Slide 8: Group P&L including special influences
Group P&L including special influences. € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 Net revenue 13,890 14,377 14,353 14,740 57,360 14,376 3.5% Cost of sales -7,219 -8,971 -7,515 -7,854 -31,559 -7,526 -4.3% Gross profit/loss from sales 6,671 5,406 6,838 6,886 25,801 6,850 2.7% Selling costs
Slide 9: EBITDA reconciliation in DT Group
EBITDA reconciliation in DT Group. € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Net revenue 13,890 14,377 14,353 14,740 57,360 14,376 Net incom e/loss 632 577 -1,359 1,714 1,564 1,010 + Income /loss applicable to minority shareholders 130 122 135 39 426 123 = Income /loss after taxes 762 699 -1,224
Slide 10: Special influences in Group P&L
Special influences in Group P&L. € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Net revenue 0 0 0 0 0 0 Cost of sales 0 -1,353 -1 18 -1,336 0 Gross profit/loss from sales 0 -1,353 -1 18 -1,336 0 Selling costs 0 0 -1 -23 -24 0 General administrative costs 0 0 -14 -123 -137 -7 Other operating income 0
Slide 11: Special influences I
Special influences I. € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Effect on Operating expenses -69 -1,353 -2,537 -62 -4,021 -20 - of which unscheduled write-downs on FCC-licences and on goodwill of T-Mobile USA -1,353 92 -1,261 - of which unscheduled write-down on goodwill of T- Mobile UK -2,225 -
Slide 12: Special influences II
Special influences II. € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Effect on Financial incom e 0 92 0 1,138 1,230 21 - of which sale of EUTELSAT, MTS, SES, Intelsat 92 1,138 1,230 21 Effect on Incom e before taxes -69 -1,186 -2,528 1,076 -2,707 1 Effect on Tax 10 541 17 -9 559 7 - of which sale of
Slide 13: Change in the scope of consolidation. Current quarter
Change in the scope of consolidation. Current quarter. MINUS reported reported Acquisition effects1 Delta % numbers numbers Business 3 Total Pro forma Pro form a Q1-05 Total Mobile BB/FN 2 € million Q1/04 Q1/05 Customers effect Q1-2005 Reported Q1-04 Net revenue 13,890 14,376 85 76 5 4 -85 14,291 2.
Slide 14: Notes
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Slide 15: Consolidated balance sheet. Assets
Consolidated balance sheet. Assets1. € billion 31/03/04 30/06/04 30/09/04 31/12/04 31/03/05 % Q1/04 Current assets 21.5 19.5 18.1 18.8 19.2 -10.7% Cash and cash equivalents 9.0 6.3 5.8 8.0 6.3 -30.5% Trade and other receivables 7.1 7.6 7.2 6.7 7.1 -1.1% Current recoverable income taxes 0.5 0.4 0.3 0
Slide 16: Consolidated balance sheet. Shareholders' equity and liabilities
Consolidated balance sheet. Shareholders‘ equity and liabilities1. € billion 31/03/04 30/06/04 30/09/04 31/12/04 31/03/05 % Q1/04 Liabilities Current liabilities 29.2 29.1 28.3 26.0 25.0 -14.5% Current financial liabilities 16.8 16.8 16.0 12.5 12.3 -26.6% Trade and other payables 5.4 5.3 5.0 6.1 5.2
Slide 17: Maturity profile
Maturity profile. Bonds and Medium Term Notes (MTN) maturities as of March 31st, 2005 (€ billion) 14 12 10 8 7.0 9.4 For detailed information on Bonds, Medium Term Notes 6 5.0 and the Convertible Bond 4.7 such as 4 3.7 3.7 3.5 § Principlal Amount § Currency 2.8 § Coupon 1.7 § Maturiy Date 2 1.0 § IS
Slide 18: Debt to net debt reconciliation
Debt to net debt reconciliation. Delta Delta € million 31/03/04 30/06/04 30/09/04 31/12/04 31/03/05 Q1 vs. Q4 y.o.y. Bonds 49,997 46,559 43,347 39,458 41,921 6.2% -16.2% Other financial liabilities 9,113 8,539 8,430 9,013 8,927 -1.0% -2.0% Gross debt based on underlying IFRS figures 59,110 55,098 51
Slide 19: Cash Capex
Cash Capex1. € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % y.o.y. BB/FN 370 478 499 775 2,122 396 7.0% T-Mobile 825 767 697 789 3,078 2,505 203.6% Business Customers 124 211 193 229 757 132 6.5% GHS 56 128 133 201 518 56 0.0% Group 1,352 1,576 1,480 2,002 6,410 3,091 128.6% 1 Amounts of payouts fo
Slide 20: Free cash flow
Free cash flow1. € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % y.o.y. Net profit/loss 632 577 -1,359 1,714 1,564 1,010 59.8% Income applicable to minority shareholders 130 122 135 39 426 123 -5.4% Incom e/loss after taxes 762 699 -1,224 1,753 1,990 1,133 48.7% Depreciation and amortization 2,190 3
Slide 21: Personnel
Personnel1. Delta y.o.y. End of period 31/03/04 30/06/04 30/09/04 31/12/04 31/03/05 abs. % BBFN 114,345 114,991 116,379 114,083 112,333 -2,012 -1.8% T-Com 111,399 112,049 113,376 111,079 109,206 -2,193 -2.0% T-Online 2,946 2,942 3,003 3,004 3,127 181 6.1% T-Mobile 46,722 47,652 48,164 47,797 49,034
Slide 22: Exchange rates
Exchange rates. End of period. € 31/03/04 30/06/04 30/09/04 31/12/04 31/03/05 1 US-Dollar (USD) 0.81793 0.82251 0.81077 0.73320 0.77167 1 British Pound (GBP) 1.50039 1.49010 1.45817 1.41624 1.45287 100 Czechs Koruna (CZK) 3.04442 3.14684 3.15847 3.29045 3.32381 100 Croatian Kuna (HRK) 13.37980 13.61
Slide 23: Targets. Expected 2005 EBITDA for new business units
Targets. Expected 2005 EBITDA for new business units. EBITDA 2005 High Low Broadband/Fixed network 10.1 9.9 Business customers 1.55 1.45 Mobile 9.8 9.6 Others + Reconc. -0.3 -0.5 Group 21.0 20.7 Unaudited and preliminary Figures Page 23
Slide 24: Notes
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Slide 25: Notes
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Slide 26: Broadband/Fixed Net
Broadband/Fixed Net. Content Key figures adjusted for special influences 27 ...................... EBITDA reconciliation 28 ....................................................................................................... Key figures unadjusted 29 ..............................................
Slide 27: Broadband/Fixed Net adjusted for special influences
Broadband/Fixed Net adjusted for special influences. € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 Total revenue 6,941 6,809 6,609 6,651 27,010 6,638 -4.4% T-Com 6,599 6,470 6,254 6,278 25,601 6,304 -4.5% T-Online 489 499 486 538 2,012 509 4.1% Net revenue 5,653 5,609 5,433 5,714 22,409 5,52
Slide 28: EBITDA reconciliation in Broadband/Fixed Net
EBITDA reconciliation in Broadband/Fixed Net. € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Total revenue 6,941 6,809 6,609 6,651 27,010 6,638 Operating results = EBIT 1,477 1,455 1,296 1,317 5,545 1,506 - Depreciation and amortization -1,082 -1,122 -1,181 -1,023 -4,408 -1,011 = EBITDA 2,559 2,577 2
Slide 29: Broadband/Fixed Net unadjusted
Broadband/Fixed Net unadjusted. € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 Total revenue 6,941 6,809 6,609 6,651 27,010 6,638 -4.4% T-Com 6,599 6,470 6,254 6,278 25,601 6,304 -4.5% T-Online 489 499 486 538 2,012 509 4.1% Net revenue 5,653 5,609 5,433 5,714 22,409 5,527 -2.2% EBITDA 2,559
Slide 30: Special influences affecting Broadband/Fixed Net
Special influences affecting Broadband/Fixed Net. € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Effect on EBITDA -33 0 -18 -169 -220 0 - of which charges on sale of cable -37 -37 - Transfer payments to Vivento -2 -2 - Accruals for redundancy payments -33 -33 - Restructuring of MATÁV, HT, ST -16 -132
Slide 31: T-Com new structure. Key operational performance
T-Com – new structure. Key operational performance. million1 31/03/04 30/06/04 30/09/04 31/12/04 31/03/05 q.o.q % y.o.y % Broadband lines in operation 4.5 4.9 5.4 6.1 6.7 9.8% 48.9% n National DSL2,4 4.4 4.7 5.2 5.8 6.4 10.3% 45.5% n Resale6 0.0 0.0 0.1 0.2 0.5 150.0% n.a. n Central Eastern Europe D
Slide 32: T-Com Central Eastern Europe – Key financial figures
T-Com Central Eastern Europe (CEE) – fixed network only Key financial figures.1 € million Q1/04 Q2/04 Q3/04 Q4/04 FY 04 Q1/05 q.o.q % y.o.y. % Total Central Eastern Europe2 Total revenues 617 645 636 634 2,532 614 -3.2% -0.5% Total adj. EBITDA 266 254 264 227 1,011 267 17.6% 0.4% Total adj. EBITDA-m
Slide 33: T-Com CEE – Key financial figures in local currency
T-Com Central Eastern Europe (CEE) – fixed network only. Key financial figures in local currency.1 million Q1/04 Q2/04 Q3/04 Q4/04 FY 04 Q1/05 q.o.q % y.o.y. % MATÁV2 (in HUF) Revenues 87,885 89,730 85,071 84,326 347,012 81,769 -3.0% -7.0% Adj. EBITDA 34,061 31,803 30,687 26,228 122,779 30,943 18,0%
Slide 34: T-Com Domestic – Revenue split
T-Com Domestic – new structure. Revenue split. € million Q1/04 FY 04 Q1/05 y.o.y % Revenue Total 5,982 23,069 5,690 -4.9% Network Communications 3,640 14,406 3,548 -2.5% Thereof narrowband access 1,998 7,966 1,997 -0.1% Thereof broadband access 196 893 362 85.0% Thereof call revenues 1,404 5,369 1,1
Slide 35: T-Com Domestic – Call development
T-Com Domestic – Call development Call Minutes, Call prices, Call revenues.1/2 Q1/04 FY/04 Q1/05 y.o.y. % Minutes (billion)3 Total 34.1 124.0 30.0 -12.0% City/Local 20.7 73.6 17.9 -13.5% Long Distance 10.5 38.9 9.4 -10,5% International 0.9 3.4 0.8 -11,1% Fixed-to-mobile 2.0 8.0 1.8 -10.0% Prices (€
Slide 36: T-Com – Personnel development
T-Com – new structure. Personnel development1. -6,819 116,025 -2,238 -2,708 111,079 +186 2 -2,059 109,206 Germany Germany Germany 87.896 85.658 85.844 2 2 YE '03 Germany CEE YE '04 Germany CEE Q1'05 1 Number of employees at the end of each period shown. D for Germany, CEE for Central Eastern Europe.
Slide 37: BBFN Domestic. Consumer tariffs
BBFN Domestic. Consumer tariffs BB/FN including VAT.1 2 3 3 3 Telephone-A cces s Monthly fee City Germany Mobile International Æ e weekend Æ e weekend Call Plus 15,95 3,9 1,5 1,5 4,9 2,9 2,9 from 23,2 International tariffs T -Net Call Time 19,95 3,1 1,5 1,5 4,6 2,6 2,6 from 23,2 XXL 24,94 2,9 1,5 0
Slide 38: T-Com – TAFF tariffs and calling plans
T-Com – new structure. TAFF tariffs - started 1 March 2005 - and calling plans. Additional tariffs Tariffs Call Plus Call Time Call XXL XXL Freetime Call XXL Local Country Select Characteristics Favorable 120 0 Cent 0 Cent Local flat 2,9 Cent/min monthly fee free minutes weekend off peak rate for 9,
Slide 39: Overview interconnection tariffs
Overview interconnection tariffs (excl. VAT) Peak Peak Off-Peak Off-Peak Cent/min. (9:00-18:00), old (9:00-18:00), new1 (18:00-9:00), old (18:00-9:00), new1 Termination/Origination fees Local 0.65 0.59 0.44 0.40 Single transit 1.07 0.96 0.71 0.64 Double transit national 1.86 1.52 1.22 0.99 Transit f
Slide 40: T-Com – Wholesale / Competition
T-Com – Wholesale / Competition Expanding business model for wholesale products. “DSL Resale“ (Wholesale DSL) s a PSTN PSTN l CuDa e Competitor Competitor s DSL ATM IP “TAL“ (Full Unbundling)1 Competitor PSTN CuDa Competitor DSL “Line Sharing“(Partial Unbundling)2 PSTN PSTN CuDa Competitor Competito
Slide 41: Notes
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Slide 42: T-Mobile
T-Mobile. Content Key figures adjusted for special influences 43 ...................................................... EBITDA reconciliation 44 ....................................................................................................................................... Key figures unadjus
Slide 43: T-Mobile segment adjusted for special influences
T-Mobile segment adjusted for special influences. € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 Total revenue 6,272 6,649 6,914 6,692 26,527 6,746 7.6% Net revenue 5,966 6,372 6,663 6,449 25,450 6,531 9.5% ARPU revenue 5,356 5,792 5,996 5,784 22,928 5,771 7.7% EBITDA 1,826 2,127 2,374 2,068
Slide 44: EBITDA reconciliation in T-Mobile segment
EBITDA reconciliation in T-Mobile segment. € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Total revenue 6,272 6,649 6,914 6,692 26,527 6,746 Operating results = EBIT 1,141 36 -846 1,179 1,510 966 - Depreciation and amortization -685 -2,166 -3,215 -887 -6,953 -1,136 = EBITDA 1,826 2,202 2,369 2,066 8,
Slide 45: T-Mobile segment unadjusted
T-Mobile segment unadjusted. € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 Total revenue 6,272 6,649 6,914 6,692 26,527 6,746 7.6% Net revenue 5,966 6,372 6,663 6,449 25,450 6,531 9.5% EBITDA 1,826 2,202 2,369 2,066 8,463 2,102 15.1% EBITDA margin 29.1% 33.1% 34.3% 30.9% 31.9% 31.2% 2.1%p De
Slide 46: Special influences affecting T-Mobile segment
Special influences affecting T-Mobile segment. € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Effects on EBITDA 0 75 -5 -2 68 -9 - of which subsequent proceeds from sale of Virgin Mobile 75 75 - of which restructuring expenses -7 - of which PSA Vivento -5 -2 -7 -2 Effects on Operating results = EBIT
Slide 47: T-Mobile segment. Customer data
T-Mobile segment. Customer data. '000 (end of period) Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 Germany 26,681 27,059 27,358 27,471 27,471 27,560 3.3% 1 United Kingdom 14,343 14,899 15,207 15,726 15,726 16,117 12.4% Netherlands 2,109 2,224 2,253 2,261 2,261 2,222 5.4% Austria 2,012 2,015 2,004 2,0
Slide 48: Consumer Voice. Subsidies down, Usage up
Consumer Voice. Subsidies down, Usage up. new new Relax eco Prepaid Bonus No subsidies – cheap minutes NL D new Relax Start new UFix tariff Fixed allowance of Attractive entry level of only 7,5 € per month; minutes & texts for a fixed price every month UK Low handset subsidy D new new Combi Card Tee
Slide 49: T-Mobile Germany Key operating and financial data
T-Mobile Germany Key operating and financial data. '000 Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 Customers (end of period) 26,681 27,059 27,358 27,471 27,471 27,560 3.3% - Contract 12,763 13,005 13,333 13,492 13,492 13,579 6.4% - Prepay 13,918 14,054 14,025 13,979 13,979 13,981 0.5% Net adds 348
Slide 50: Germany Voice: Attractive Consumer Tariffs
Germany Voice: Attractive Consumer Tariffs. Relax new Start 50 100 200 500 20 minutes incl. 50 minutes incl. 100 minutes incl. 200 minutes incl. 500 minutes incl. Standard Standard Standard Standard 7,5 € per month 15 € per month 25 € per month 50 € per month 100 € per month new new new new eco eco
Slide 51: Germany Voice: CombiCard Teens
Germany Voice: Transparency and Cost Control for Teens & Parents. CombiCard Teens Monthly pocket- money budget € 10 € 25 € 50 Monthly Fee €0 Activation fee € 19.85 including € 10 calling credit The CombiCard Teens experience: n Reliability: Fixed monthly calling credit for kids – no “bill shock” n I
Slide 52: Germany Voice: Attractive Business Tariffs
Germany Voice: Attractive Business Tariffs. Business Relax Tariffs Business Profi new 50 100 200 500 Business 50 minutes incl. 100 minutes incl. 200 minutes incl. 500 minutes incl. Compact Option n Option for Business Standard Standard Standard Standard Profi only 15 € per month 25 € per month 50 €
Slide 53: T-Mobile UK Key operating and financial data
T-Mobile UK Key operating and financial data. '000 Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 1 Customers (end of period) 14,343 14,899 15,207 15,726 15,726 16,117 12.4% - Contract 2,743 2,858 2,940 2,997 2,997 3,078 12.2% 1 - Prepay 11,600 12,041 12,267 12,728 12,728 13,039 12.4% 1 Net adds 707 55
Slide 54: UK Voice: UFix
UK Voice: Attractive Cost Control Tariff. UFix £15 per month £25 per month UFix all day 75mins + 25texts 150mins + 75 texts UFix off peak 400mins + 50 texts 1000mins + 100 texts The Ufix experience: n Reliability: No „bill shock“ – fixed allowance of minutes and text for a fixed price every month. P
Slide 55: T-Mobile Austria Key operating and financial data
T-Mobile Austria Key operating and financial data. '000 Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 Customers (end of period) 2,012 2,015 2,004 2,042 2,042 2,041 1.4% - Contract 941 946 950 985 985 989 5.1% - Prepay 1,071 1,069 1,054 1,058 1,058 1,052 -1.8% Net adds -18 3 -10 38 12 -2 88.9% - Contra
Slide 56: Austria Voice: Attractive e-business tariff
Austria Voice: Attractive e-business tariff. Relax new Relax light Relax Relax 100 Relax 200 Relax 400 Relax Plus 50 on-net min On-net for free 100 minutes incl. 200 minutes incl. 400 minutes incl. On-net & fix-net for free 9,5 € per month 17€ per month 27€ per month 34 € per month 34 € per month 42
Slide 57: T-Mobile CZ Key operating and financial data
T-Mobile CZ Key operating and financial data. '000 Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 Customers (end of period) 3,991 4,075 4,130 4,360 4,360 4,390 10.0% - Contract 947 1,003 1,050 1,105 1,105 1,128 19.1% - Prepay 3,044 3,072 3,080 3,255 3,255 3,262 7.2% Net adds 43 84 55 230 413 30 -30.2%
Slide 58: CZ Voice: Attractive options for consumers
CZ Voice: Attractive options for consumers. Relax 30 80 250 500 50 minutes incl. 100 minutes incl. 200 minutes incl. 500 minutes incl. new n Up to 5 SIMs per Family Group n Additional monthly fee per SIM Family option: n Reduced prices for calls n Cost check feature available new n Additional monthl
Slide 59: T-Mobile Netherlands Key operating and financial data
T-Mobile Netherlands Key operating and financial data. '000 Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 Customers (end of period) 2,109 2,224 2,253 2,261 2,261 2,222 5.4% - Contract 986 1,033 1,032 1,053 1,053 1,048 6.3% - Prepay 1,123 1,190 1,221 1,208 1,208 1,174 4.5% Net adds 123 114 29 8 274 -39
Slide 60: T-Mobile Hungary Key operating and financial data
T-Mobile Hungary Key operating and financial data. '000 Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 Customers (end of period) 3,838 3,913 3,989 4,032 4,032 4,052 5.6% - Contract 1,012 1,053 1,112 1,163 1,163 1,192 17.8% - Prepay 2,826 2,860 2,877 2,869 2,869 2,860 1.2% Net adds 72 75 76 43 266 20 -7
Slide 61: T-Mobile Croatia Key operating and financial data
T-Mobile Croatia Key operating and financial data. '000 Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 Customers (end of period) 1,354 1,380 1,428 1,534 1,534 1,550 14.5% - Contract 254 261 267 300 300 313 23.2% - Prepay 1,100 1,119 1,161 1,234 1,234 1,237 12.5% Net adds 14 26 49 105 194 16 14.3% - Con
Slide 62: Eurotel, Slovakia Key operating and financial data
Eurotel, Slovakia1 Key operating and financial data. '000 Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 Customers (end of period) 1,685 1,740 1,807 1,915 1,915 1,885 11.9% - Contract 490 517 563 647 647 663 35.3% - Prepay 1,195 1,223 1,244 1,267 1,267 1,223 2.3% Net adds 71 56 67 108 301 -29 n.a. - Co
Slide 63: Mobimak, Macedonia Key operating and financial data
Mobimak, Macedonia Key operating and financial data. '000 Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 Customers (end of period) 565 623 693 752 752 777 37.5% - Contract 102 107 113 119 119 122 19.6% - Prepay 463 516 580 634 634 655 41.5% Net adds 42 58 70 59 229 25 -40.5% - Contract 3 5 7 5 20 3 0.0
Slide 64: T-Mobile USA Key operating and financial data
T-Mobile USA Key operating and financial data. '000 Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 Customers (end of period) 14,303 15,394 16,295 17,314 17,314 18,271 27.7% - Contract 12,784 13,720 14,528 15,341 15,341 16,115 26.1% - Prepay 1,519 1,674 1,767 1,973 1,973 2,156 41.9% Net adds 1,175 1,091
Slide 65: T-Mobile USA (IFRS). Key financial data in US$
T-Mobile USA (IFRS). Key financial data in US$. US$ Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 Total revenues (million) 2,568 2,790 3,004 3,176 11,538 3,407 32.7% Service Revenue (million) 2,123 2,373 2,516 2,643 9,655 2,736 28.9% EBITDA (million) 462 667 764 660 2,553 790 71.0% EBITDA margin (tota
Slide 66: T-Mobile USA. Personal coverage check
T-Mobile USA. Personal coverage check as unique churn prevention tool. Unaudited and preliminary Figures Page 66
Slide 67: T-Mobile USA. Personal coverage check as churn prevention tool
T-Mobile USA. Personal coverage check as unique churn prevention tool. n Access via T-Mobile website or in T-Mobile stores n Provides customers with accurate understanding of network coverage before they buy n Clear differentiator to win more “happy” customers “We want you to be satisfied with our n
Slide 68: MDA Family: MDA III
MDA Family: MDA III Your PDA phone with extendable keyboard. n PDA phone with GPRS, Wi-Fi and Bluetooth n Quad Band: 850, 900, 1800, 1900 MHz n Integrated keyboard n Voice, SMS, MMS, Video, e-Mail, IM (MSN) n Access e-mails and attachments (Pocket Outlook, WORD, and Excel; view PowerPoint and pdf fi
Slide 69: MDA Family: MDA compact
MDA Family: MDA compact Your ‘cool design – smart services’ device. n Most stylish Windows Mobile 2003 with appropriate Phone user experience n HTML-Browsing and MS-Mediaplayer ensures excellent Multimedia experience n 1.3 Megapixel Camera n Tri-Band: 900, 1800, 1900 MHz, Bluetooth n Voice, SMS, MMS
Slide 70: MDA Family: MDA IV
MDA Family: MDA IV Your ‘mini notebook’ device. n 3,6‘‘ VGA TFT-LCD display unique pivoting communicator (PDA & mini notebook mode) n UMTS dual mode, Tri-Band: 900, 1800, 1900 MHz, n Bluetooth and WLAN n 128 MB ROM plus 64 MB RAM plus MMC n Voice, SMS, MMS, Video, Outlook E-mail, IM (MSN), Blackberr
Slide 71: Sidekick II
Sidekick II Your ‘instant email on the go’ device. n Optimized HTML-browsing supported by smart scroll bar n Special compression procedure makes it possible retrieve and display internet sites even faster. n Triband: 900, 1800, 1900 MHz n Voice, SMS, MMS, E-mail, IM (AOL, Yahoo) n VGA camera with fl
Slide 72: Selection of 3G devices: Samsung SGH-Z130
Selection of 3G devices: Samsung SGH-Z130 Your ‘visual entertainment’ with rotational display device. n 2 way Video Telefony n Rotational LCD: wide view for Multimedia n High quality of Display with 260k color screen n 1.0 Megapixel camera with flash n Voice, SMS, MMS, E-mail n Launched since March
Slide 73: Selection of 3G devices: Nokia 6680
Selection of 3G devices: Nokia 6680 Your ‘see and be seen’ device. n 2 cameras (1x 1,3 MegaPixel and 1 x VGA) with Flash LED n 2 way Videotelephony (2 cameras) n Web browsing and video streaming with broadband speed n Triband: 900, 1800, 1900, EDGE, WCDMA and Bluetooth n Always-on email client with
Slide 74: Selection of 3G devices: Samsung SGH-ZM60
Selection of 3G devices: Samsung SGH-ZM60 Your ‘audio enhanced 3G’ device. n Stylish 3G clamshell device n High quality 262k color screen n Mobile Jukebox with 3D sound n 1.0 Megapixel camera with flash n Triband: 900, 1800, 1900, WCDMA and Bluetooth n >49MB internal memory plus external n Improved
Slide 75: Selection of 3G devices: LG U8200
Selection of 3G devices: LG U8200 Your ‘compact 3G clamshell’ device. n 3G Compact Clamshell n Multimedia Player inc Video Streaming, Download, Recording & Playback n External Memory – T-Flash n 1.3 Mega Pixel Camera with photo flash n Video Telephony n Voice, SMS, Video MMS, E-mail n Triband: 900,
Slide 76: Notes
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Slide 77: Notes
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Slide 78: Business Customers
Business Customers. Content Key figures adjusted for special influences ...................... 79 EBITDA reconciliation ....................................................................................................... 80 Key figures unadjusted ..................................................
Slide 79: Business Customers adjusted for special influences
Business Customers adjusted for special influences. € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 Total revenue 3,075 3,272 3,169 3,441 12,957 3,124 1.6% Net revenue 2,209 2,327 2,200 2,505 9,241 2,253 2.0% EBITDA 394 426 453 365 1,638 396 0.5% EBITDA margin 12.8% 13.0% 14.3% 10.6% 12.6% 12.
Slide 80: EBITDA reconciliation in Business Customers
EBITDA reconciliation in Business Customers . € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Total revenue 3,075 3,272 3,169 3,441 12,957 3,124 Operating results = EBIT 159 140 214 57 570 180 - Depreciation and amortization -232 -243 -234 -238 -947 -215 = EBITDA 391 383 448 295 1,517 395 EBITDA margi
Slide 81: Business Customers unadjusted
Business Customers unadjusted. € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 Total revenue 3,075 3,272 3,169 3,441 12,957 3,124 1.6% Net revenue 2,209 2,327 2,200 2,505 9,241 2,253 2.0% EBITDA 391 383 448 295 1,517 395 1.0% EBITDA margin 12.7% 11.7% 14.1% 8.6% 11.7% 12.6% -0.1%p Depreciation
Slide 82: Special influences affecting Business Customers
Special influences affecting Business Customers . € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Effect on EBITDA -3 -43 -5 -70 -121 -1 -of which restructuring provisions -3 -53 -56 - of which transfer payment Vivento -43 -14 -17 -74 -1 - of which gain of sale of cc-chemplorer 9 9 Effect on Operating
Slide 83: Business Customers. Summary and geographical breakdown
Business Customers. Summary and geographical breakdown. € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 Total revenue 3,075 3,272 3,169 3,441 12,957 3,124 1.6% thereof international 439 476 434 384 1,733 414 -5.7% Adj. EBITDA 394 426 453 365 1,638 396 0.5% Adj. EBITDA margin 12.8% 13.0% 14.3%
Slide 84: Business Customers Enterprise Services. Summary
Business Customers Enterprise Services. Summary. € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 Total revenue 1,907 2,102 2,039 2,200 8,248 2,041 7.0% Adj. EBITDA 319 328 369 249 1,265 328 2.8% Adj. EBITDA margin 16.7% 15.6% 18.1% 11.3% 15.3% 16.1% -0.7%p Capex1 114 171 159 257 701 107 -6.1%
Slide 85: Enterprise Services. Computing & Desktop Services
Business Customers Enterprise Services. Computing & Desktop Services. Financial (€ million) Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 Total revenue 1,056 1,180 1,169 1,186 4,590 1,158 9.7% Adj. EBITDA 258 265 288 188 999 265 2.7% Adj. EBITDA margin 24.4% 22.5% 24.6% 15.9% 21.8% 22.9% -1.5%p Capex1
Slide 86: Enterprise Services. Systems Integration
Business Customers Enterprise Services. Systems Integration. Financial (€ million) Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 Total revenue 369 394 377 517 1,657 386 4.6% Adj. EBITDA 38 37 53 34 162 41 7.9% Adj. EBITDA margin 10.3% 9.4% 14.1% 6.6% 9.8% 10.6% 0.3%p Capex1 17 16 13 23 70 6 -64.7% Cas
Slide 87: Enterprise Services. Telecommunication
Business Customers Enterprise Services. Telecommunication. Financial (€ million) Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 Total revenue 483 527 493 497 2,000 497 2.9% Adj. EBITDA 23 25 28 27 103 22 -4.3% Adj. EBITDA margin 4.8% 4.7% 5.7% 5.4% 5.2% 4.4% -0.3%p Capex1 9 7 3 6 23 5 -44.4% Cash contr
Slide 88: Business Customers Business Services. Summary
Business Customers Business Services. Summary. € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 Total revenue 1,168 1,170 1,129 1,242 4,709 1,083 -7.3% Adj. EBITDA 74 99 84 116 373 68 -8.1% Adj. EBITDA margin 6.3% 8.5% 7.4% 9.2% 7.8% 6.3% -0.1%p Capex1 25 51 42 50 167 40 60.0% Cash contribution
Slide 89: Notes
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Slide 90: GHS
GHS. Content Key figures adjusted for special influences ...................... 91 EBITDA reconciliation ....................................................................................................... 92 Key figures unadjusted .................................................................
Slide 91: Group Headquarters & Shared Services adjusted for special influences
“Group Headquarters & Shared Services” adjusted for special influences. € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 Total revenue 866 882 887 891 3,526 853 -1.5% Net revenue 62 69 57 72 260 65 4.8% EBITDA -87 -165 -22 -274 -548 -72 17.2% - of which Vivento -211 -222 -198 -199 -830 -186 11.
Slide 92: EBITDA reconciliation in Group Headquarters & Shared Services
EBITDA reconciliation in “Group Headquarters & Shared Services”. € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Total revenue 866 882 887 891 3,526 853 Operating results = EBIT -324 -318 -238 -552 -1,432 -292 - Depreciation and amortization -204 -196 -237 -239 -876 -209 = EBITDA -120 -122 -1 -313 -55
Slide 93: Group Headquarters & Shared Services unadjusted
“Group Headquarters & Shared Services“ unadjusted. € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 % Q1/04 Total revenue 866 882 887 891 3,526 853 -1.5% Net revenue 62 69 57 72 260 65 4.8% EBITDA -120 -122 -1 -313 -556 -83 30.8% - of which Vivento -244 -179 -167 -185 -775 -197 19.3% EBITDA margin -13.
Slide 94: Special influences affecting Headquarters & Shared Services
Special influences affecting “Headquarters & Shared Services”. € million Q1/04 Q2/04 Q3/04 Q4/04 FY/04 Q1/05 Effect on EBITDA -33 43 21 -39 -8 -11 - of which transfer payment Vivento 43 21 19 83 2 - Accruals for reduction of personnel, redundency payments and others -33 -58 -91 -13 Effects on Operat
Slide 95: Vivento Measures. Implication of efficient processes
Vivento Measures. Implication of efficient processes. Vivento as of March 31, 2005 1 n Ongoing development of business models Transfers to Vivento: 32,500 and further creation of new employment Business Left opportunities lines Vivento2 n Contribution of revenues by business Training 5,700 models an
Slide 96: Glossary and Disclaimer
Glossary and Disclaimer. If not stated otherwise, all numbers comply with the International Financial Reporting Standards (IFRS). This presentation contains non-GAAP financial measures, such as ... w hich is defined as ... EBIT Abbreviation for EARNINGS BEFORE INTEREST AND TAXES. EBIT is equivalent