Slide 1: KT 3Q14 Earnings Release
KT 3Q14 Earnings Release Investor Relations 2014. 10. 31
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
Slide 3: Contents
Contents 1 Financial Highlights 2 Business Overview 3 Q&A 4 Appendix 3
Slide 4: Financial Highlights: Income Statement
K-IFRS / Consolidated 1-1 Financial Highlights Income Statement (Unit: KRW bn) Operating revenue 5,955.6bn 3Q14 3Q13 YoY 3Q14 2Q14 QoQ (YoY) 3.9% / (QoQ) 1.0% Operating revenue 5,955.6 5,734.6 3.9% 5,955.6 5,895.5 1.0% ? Service revenue 5,130.5bn Service revenue 5,130.5 4,935.0 4.0% 5,130.5 4,988.0
Slide 5: Financial Highlights: Major Subsidiaries
K-IFRS / Consolidated 1-2 Financial Highlights Major Subsidiaries (Unit: KRW bn) Operating Revenue Operating Income 839.4 • Credit and check card usage increase led to 801.6 58.7 52.4 revenue and operating income improvement 768.7 32.1—Revenue : +9.2% YoY—Operating profit : +83.0% YoY Consolidated f
Slide 6: Financial Highlights: Financial Position
K-IFRS / Consolidated 1-3 Financial Highlights Financial Position (Unit: KRW bn) Debt Ratio 3Q14 3Q13 YoY 3Q14 2Q14 QoQ Liability to Equity : 186.1% Assets 34,120.2 34,122.2 0.0% 34,120.2 34,116.4 0.0% Cash and cash Net Debt to Equity : 91.3% 2,041.3 2,033.1 0.4% 2,041.3 2,315.8 -11.9% equivalents L
Slide 7: Financial Highlights: CAPEX
K-IFRS / KT Separate 1-4 Financial Highlights CAPEX (Unit: KRW bn) 1,504.8 Total CAPEX 3Q14 : 584.9bn YTD : 1,504.8bn 572.6 FY2014 Guidance : KRW 2.7tn Wireless CAPEX YTD : 572.6bn Wireless FY2014 Guidance : KRW 1.0tn Wireline 584.9 Others 562.7 684.6 Wireline CAPEX 206.1 188.8 YTD 684.6bn 357.2 FY2
Slide 8: Business Overview
1 Financial Highlights 2 Business Overview 3 Q&A 4 Appendix 8
Slide 9: Business Overview: Wireless
K-IFRS / Consolidated 2-1 Business Overview Wireless Wireless service revenue recorded (Unit: KRW bn) 3Q14 3Q13 YoY 3Q14 2Q14 QoQ 1,912.7bn, increased by 6.3% QoQ and 11.6% YoY. Service 1,601.2 1,463.9 9.4% 1,601.2 1,539.6 4.0% Interconnection Revenue: MOU rose due Interconnection 175.8 148.5 18.4%
Slide 10: Business Overview: Wireline
K-IFRS / Consolidated 2-2 Business Overview Wireline (Unit: KRW bn) Wireline revenue declined by 2.6% 2Q14 2Q13 YoY 2Q14 1Q14 QoQ QoQ, 6.2% YoY Telephony 641.3 717.2 -10.6% 641.3 667.4 -3.9% Telephony Broadband 440.1 442.8 -0.6% 440.1 439.4 0.2% Telephony revenue fell by 10.6% YoY, mainly due to lin
Slide 11: Business Overview: Media / Contents
K-IFRS / Consolidated 2-3 Business Overview Media / Contents (Unit: KRW bn) Media/Contents revenue grew 3Q14 3Q13 YoY 3Q14 2Q14 QoQ 3.9% QoQ and 12.8% YoY Media 339.7 302.9 12.2% 339.7 329.2 3.2% Media revenue increased 12.2% Contents 56.3 48.2 17.0% 56.3 52.1 8.2% YoY due to IPTV subscriber expansi
Slide 12: Business Overview: Finance / Rental
K-IFRS / Consolidated 2-4 Business Overview Finance / Rental (Unit: KRW bn) Finance/Rental revenue 3Q14 3Q13 YoY 3Q14 2Q14 QoQ Finance/ Finance revenue increased by 6.4% 1,072.9 976.9 9.8% 1,072.9 1,017.9 5.4% Rental YoY, recording 867.1bn Finance 867.1 814.7 6.4% 867.1 830.5 4.4% Rental revenue inc
Slide 13: Financial Highlights: Operating Expenses
K-IFRS / Consolidated 2-5 Financial Highlights Operating Expenses (Unit: KRW bn) Operating expenses was recorded at 3Q14 3Q13 YoY 3Q14 2Q14 QoQ 5,620.5bn, representing decrease of Labor cost 635.8 813.0 -21.8% 635.8 1,749.4 -63.7% 16.2% QoQ and increase of 3.6% YoY General 2,704.6 2,524.3 7.1% 2,704
Slide 14: Q&A
1 Financial Highlights 2 Business Overview 3 Q&A 4 Appendix 14
Slide 15: Appendix
1 Financial Highlights 2 Business Overview 3 Q&A 4 Appendix 15
Slide 16: K-IFRS Quarterly Income Statements
4-1 K-IFRS Quarterly Income Statements (Unit: KRW bn) Consolidated I/S 3Q13 4Q13 1Q14 2Q14 3Q14 KT Separate I/S 3Q13 4Q13 1Q14 2Q14 3Q14 Operating revenue 5,734.6 6,214.5 5,846.1 5,895.5 5,955.6 Operating revenue 4,151.3 4,636.1 4,460.9 4,442.5 4,372.4 Service Revenue 4,935.0 5,029.8 4,858.7 4,988.0
Slide 17: K-IFRS Statement of Financial Position
4-2 K-IFRS Statement of Financial Position (Unit: KRW bn) Consolidated 3Q13 4Q13 1Q14 2Q 14 3Q 14 KT Separate 3Q13 4Q13 1Q14 2Q14 3Q14 Asset 34,122.2 34,846.5 34,317.5 34,116.4 34,120.2 Asset 25,318.3 25,693.9 25,338.5 25,462.5 25,038.9 Current assets 10,057.3 9,968.4 10,009.0 9,556.2 9,680.9 Curren
Slide 18: Subscribers (KT only)
4-3 Subscribers (KT only) Wireless 1Q13 2Q13 3Q13 4Q13 1Q14 2Q14 3Q14 QoQ YoY Total Wireless Subscribers 17,371 17,354 17,205 17,300 17,293 17,564 17,955 2.2% 4.4% 3G + LTE 16,443 16,439 16,325 16,454 16,473 16,774 17,184 2.4% 5.3% WiBro 928 915 880 846 820 790 771 -2.4% -12.4% Mobile Subscribers (*
Slide 19: Thank you
Thank you kt