Kt Corporation · KRX:030200

Kt — Q2 2013 Earnings Presentation

22 slides from Kt's earnings presentation, Aug 5, 2013

  1. Slide 1: Form 6-K Report of Foreign Private Issuer

    SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 For the month of August 2013 Commission File Number 1-14926 KT Corporation (Translation of registrant’s name into English) 206

  2. Slide 2: Signatures

    SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Dated: August 5, 2013 KT Corporation By: /s/ YOUNGWOO KIM Name: Youngwoo Kim Title: Vice President By:

  3. Slide 3: kt 2Q13 Earnings Release

    kt 2Q13 Earnings kt, Investor globalRelations Release ICT convergence 2013. 8. 2leader kt

  4. Slide 4: Non-Public Disclaimer

    ThisNon-Public Disclaimer presented completeness Please for purchase Any distributed 1The Company, contents decision presentation be or informed solely tosubscribe of to all ofits Entities this purchase for the investors. has affiliates that your presentation information been for(“KAS-NPEs”). items

  5. Slide 5: Contents

    1 Appendix 243Contents Financial Overview Business Q&A Highlights

  6. Slide 6: Consolidated Financial Highlights

    K-IFRS 1-1 (YoY) (Unit: Operating Non-operating Income Net EBITDA 3Margin Financial income KRW +0.8%/(QoQ) +0.7%/(QoQ) -43.3%/(QoQ) +9.8%/(QoQ) (%) Statement before / 1,228.1 1,228.1bn Consolidated revenue expense income 133.4bn 133.4 6.0% 2.3% 21.3 bn) Highlights income 2Q13 19.6% 1,118.9 6.1% 4.1%

  7. Slide 7: Major Subsidiaries' Financial Highlights

    K-IFRS 1-2 Major 798.8 134.8 174.3 (Unit: 55.5 44.5% 2Q12 % Operating Consolidated Contribution 4Subsidiaries’ ofFinancial 131.3 subsidiaries’ 1Q13 740.7 154.4 194.1 KRW Subsidiaries 35.7% / Consolidated Revenue Profit income 155.0 2Q13 776.7 153.8 216.3 bn) from financials from OP Highlights 16.1%

  8. Slide 8: Consolidated Operating Revenue

    K-IFRS 1-3 •Operating (YoY) -35.3% (Unit: 2Q13 Wireless Wireline Media/Contents Finance/Rental Others Merchandise 5Total Wireless Wireline Media/Contents Finance/Rental Operating Financial 5,757.0 2Q12 KRW +0.8%/(QoQ) YoY 378.2 /1,507.7 1,752.2 Consolidated Revenue revenue revenue stemmed YoY bn) 81

  9. Slide 9: Consolidated Operating Expenses

    K-IFRS 1-4 Operating -‰ Labor General Selling Cost Total (Unit: 2Q13 Marketing 6624.9 Real Less (YoY) Marketing Operating Financial of 5,408.8 2Q12 671.9 cost KRW estate handset expenses service merchandise -20.1%/(QoQ) expenses / Consolidated Expenses Cost 813.3 YoY cost -7.0% bn) development expen

  10. Slide 10: Consolidated Financial Position

    K-IFRS 1-5 Financial -‰ (Unit: 2Q13 Assets Cash Liabilities equivalents Borrowings Equity Capital 166.0% Liabilities/Equity Net 71Q Total Liability Net Debt 12 Financial Debt Debt/Equity and Debt 2Q12 KRW 2Q Debt 33,490.3 13,080.8 stock 153.4% /Ratio Position 9,928.8 cash Consolidated Position 12 to

  11. Slide 11: CAPEX and Guidance

    K-IFRS 1-6 CAPEX (YoY) -‰ 288.5 560.4 149.6 998.5 Wireline Wireless Overhead 1Q 138.0 247.1 136.0 521.1 (Unit: 2Q 228.1 182.2 193.4 8603.7 FY2013 2Q13 FY Total Wireline Wireless 12 13 Financial 2013 KRW -39.5%/(QoQ) : /Capex 603.7bn 228.1 182.2bn kt Guidance Guidance Capex CAPEX Stand bn) Highlights

  12. Slide 12: Business Overview

    94321 Appendix Financial Overview Business Q&A Highlights

  13. Slide 13: Wireless Business Overview

    K-IFRS 2-1 ARPU Smartphone Continue (Unit: 2Q13 Service Interconnection Others Wireless <Smartphone 8,537 351 8,186 2.1% 1Q12 LTE 10 Business 1,170 Subscribers 7.1% 2Q12 9,135 7,966 KRW 115.0 growth 1,495.2 /ARPU 1,752.2 to Consolidated 2,488 7,299 YoY enhance 3Q12 9,787 15.1% subscribers bn) 114.2

  14. Slide 14: Wireline Business Overview

    K-IFRS 2-2 Due (Unit: 2Q13 Telephony Line Wireline Continue <Wireline 7,922 3,294 15,771 69% 1Q12 Broadband 11 Business to lease 70% 2Q12 7,967 3,326 KRW decrease 15,630 /1,507.7 to Consolidated 70% Subscribers> 300.7 765.0 VoIP 442.0 YoY enhance 3Q12 8,009 3,344 bn) Overview 15,493 71% in PSTN 323.

  15. Slide 15: Media/Contents Business Overview

    K-IFRS 2-3 Expansion kt OTS Skylife (Unit: 2Q13 Media Contents Media/Contents <Media 5,341 2,262 2,150 1,301 2,025 1Q12 OTV 12 Group Business :OTS :2Q12 5,593 2,327 2,193 1,421 2,022 KRW 2.03m /2.45m 292.1 only Contents Subscribers> / 42.8 Media Consolidated Skylife ofYoY 3Q12 5,796 2,450 2,015 1,59

  16. Slide 16: Finance/Rental Business Overview

    K-IFRS 2-4 Revenues Finance/Rental Finance Rental IT/Solution Real Other Due Others (Unit: 2Q13 Merchandise 13 Business to estate 2Q12 Services Service Subsidiaries KRW 145.5 consolidation less / Rental 819.7 Consolidated from 82.9 handset 167.5 YoY bn) 0.0 Overview 818.9 378.2 844.1 revenue revenue

  17. Slide 17: Q&A

    4321QAppendix 14Financial Business Q&A &A Overview Highlights

  18. Slide 18: Appendix

    4321 Appendix 15Financial Overview Business Q&A Highlights

  19. Slide 19: kt Stand-alone Income Statement

    4-1Stand (Unit: Consolidated NI kt Wireless Fixed Media/Contents Finance/Rental Merchandise Service Labor General Depreciation Commissions Advertising Financial Interconnection Other Selling Sales Bad Cost Operating EBITDA N-OP N-operating Equity Income Net 16 contributable K-IFRS income debt of exp

  20. Slide 20: kt Stand-alone Financial Position

    4-2Stand (Unit: Consolidated kt Asset Cash Inventories P.P.E Liabilities Current Short-term Non-current Trade Long-term Other Equity Net 17 K-IFRS debt & 14,196 13,464 33,118 27,126 current non-cur & KRW 12,449 11,623 cash assets liabilities Alone other 9,880 8,291 20,669 15,503 borrowings 895 723 S

  21. Slide 21: Subscribers and ARPU

    4-3 +Subscribers Total 3G WiBro Gross Deactivation Net Churn Mobile: Mobile Interconnection ARPU: Wireless Wireline Subscribers Telephony PSTN VoIP Broadband IPTV 18 addition 3,294 Wireless LTE 3,316 addition 15,771 rate 836 ARPU Subscribers 3G+LTE 2G 1Q12 Service service 16,599 19,065 (%) 7,922 902

  22. Slide 22: Thank you

    Thank you kt

KT — Q2 2013 Earnings Presentation on 6ix