Kt Corporation · KRX:030200
Kt — FY2017 Earnings Presentation
18 slides from Kt's earnings presentation, Feb 6, 2018
Slide 1: KT 2017 Earnings Release
KT 2017 Earnings Release 2018. 02. 06 | Investor Relations
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 pr
Slide 3: Contents
Contents 1 Financial Highlights 2 Business Overview 3 Q&A 4 Appendix
Slide 4: Consolidated Financial Highlights: Income Statement
K-IFRS / Consolidated 1-1 Financial Highlights Income Statement (Unit: KRW bn) Operating Revenue 4Q16 3Q17 4Q17 QoQ YoY 2016 2017 YoY KRW 23.4tn, (YoY) +2.8% Operating revenue 6,021.1 5,826.6 6,106.6 4.8% 1.4% 22,743.7 23,387.3 2.8% Service Revenue Service revenue 5,026.5 5,047.2 5,058.2 0.2% 0.6% 2
Slide 5: Consolidated Financial Highlights: Operating Expenses
K-IFRS / Consolidated 1-2 Financial Highlights Operating Expenses (Unit: KRW bn) Operating Expense 4Q16 3Q17 4Q17 QoQ YoY 2016 2017 YoY KRW 22.0tn, (YoY) +3.3% Operating Expense 5,794.7 5,449.3 5,972.5 9.6% 3.1% 21,303.7 22,011.6 3.3% Labor Cost Labor cost 915.3 848.5 977.6 15.2% 6.8% 3,477.6 3,568.
Slide 6: Consolidated Financial Highlights: Financial Position
K-IFRS / Consolidated 1-3 Financial Highlights Financial Position (Unit: KRW bn) Debt Position 4Q16 3Q17 4Q17 QoQ YoY Borrowings: KRW 6.7tn Assets 30,587.7 29,373.0 29,579.2 0.7% -3.3% Net Debt: KRW 4.8tn Cash & cash Equivalents 2,900.3 2,168.6 1,928.2 -11.1% -33.5% Debt 17,793.0 16,085.9 16,501.9 2
Slide 7: KT Separate Financial Highlights: CAPEX
K-IFRS / KT Separate 1-4 Financial Highlights CAPEX (Unit: KRW bn) Access Total CAPEX Backbone B2B KRW 2.25tn executed in 2017 3,313 Others —93.7% executed in 2017 2,514 2,397 CAPEX Breakdown 2,359 2,250 2,300 1,870 Access Network: KRW 1.2tn Backbone Network: KRW 497bn 1,362 1,316 1,133 1,196 B2B: K
Slide 8: Business Overview
1 Financial Highlights 2 Business Overview 3 Q&A 4 Appendix
Slide 9: Business Overview: Wireless
2-1 Business Overview Wireless Wireless down by 2.9% YoY Wireless Revenue decreased on accounting change of ‘Handset Protection Plan(Insurance)’ Net additions and LTE penetration continues Recorded wireless net adds of 1.12m Handset & 2nd Device subscribers all increased on segmented marketing; —‘Pr
Slide 10: Business Overview: Wireline
K-IFRS / Consolidated 2-2 Business Overview Wireline (Unit: KRW bn) Wireline down by 3.2% YoY 4Q16 3Q17 4Q17 QoQ YoY 2016 2017 YoY Wireline 1,245.0 1,218.0 1,202.6 -1.3% -3.4% 5,064.9 4,901.1 -3.2% Telephony Telephony 484.6 452.0 431.0 -4.7% -11.1% 2,048.9 1,834.3 -10.5% Revenue down by 10.5% YoY on
Slide 11: Business Overview: Media / Contents
K-IFRS / Consolidated 2-3 Business Overview Media / Contents (Unit: KRW bn) Media/Contents up by 16.3% YoY 4Q16 3Q17 4Q17 QoQ YoY 2016 2017 YoY Media/Contents 513.7 572.6 584.8 2.1% 13.8% 1,925.2 2,238.4 16.3% Media Media 419.6 464.5 472.3 1.7% 12.6% 1,640.8 1,818.3 10.8% Two digit growth continued
Slide 12: Business Overview: Finance and Other Service
K-IFRS / Consolidated 2-4 Business Overview Finance and Other service (Unit: KRW bn) Finance Revenue 4Q16 3Q17 4Q17 QoQ YoY 2016 2017 YoY Revenue up 2.9% YoY on increased Finance 881.1 873.9 892.8 2.2% 1.3% 3,427.8 3,528.3 2.9% domestic card transactions and Other Service 583.6 566.2 566.7 0.1% -2.9
Slide 13: Q&A
1 Financial Highlights 2 Business Overview 3 Q&A 4 Appendix 12
Slide 14: Appendix
1 Financial Highlights 2 Business Overview 3 Q&A 4 Appendix 13
Slide 15: K-IFRS Quarterly Income Statements
4-1 K-IFRS Quarterly Income Statements (Unit: KRW bn) Consolidated 4Q 16 1Q 17 2Q 17 3Q 17 4Q 17 KT Separate 4Q 16 1Q 17 2Q 17 3Q 17 4Q 17 Operating revenue 6,021.1 5,611.7 5,842.5 5,826.6 6,106.6 Operating revenue 4,522.9 4,161.4 4,292.6 4,312.0 4,575.3 Service Revenue 5,026.5 4,948.5 5,069.1 5,047
Slide 16: K-IFRS Statement of Financial Position
4-2 K-IFRS Statement of Financial Position (Unit: KRW bn) Consolidated 4Q 16 1Q 17 2Q 17 3Q 17 4Q 17 KT Separate 4Q 16 1Q 17 2Q 17 3Q 17 4Q 17 Asset 30,587.7 30,102.6 27,825.5 29,373.0 29,579.2 Asset 24,700.3 23,677.2 22,881.3 23,381.9 23,334.9 Current assets 9,643.3 9,858.1 7,592.8 9,354.1 9,577.2
Slide 17: Subscribers (KT Separate)
4-3 Subscribers (KT Separate) Wireless 4Q 16 1Q 17 2Q 17 3Q 17 4Q 17 QoQ YoY Subscribers (Unit: 1,000)1) Total (LTE+WCDMA) 18,892 19,234 19,521 19,795 20,015 1.1% 5.9% Net additions 214 342 287 274 220 -19.7% 3.0% Gross additions 1,244 1,242 1,224 1,270 1,264 -0.5% 1.6% Deactivation2) 1,030 900 937
Slide 18: Thank you
Thank you kt