Slide 1: Taiwan Mobile Co., Ltd. 3Q16 Results Summary
Taiwan Mobile Co., Ltd. 3Q16 Results Summary October 28, 2016 1
Slide 2: Disclaimer
Disclaimer The information contained in this presentation, including all forward- looking information, is subject to change without notice, whether as a result of new information, future events or otherwise, and Taiwan Mobile Co., Ltd. (the “Company”) undertakes no obligation to update or revise the
Slide 3: Business Overview
Business Overview 3
Slide 4: Mobile Growth Leading the Pack
Mobile Growth Leading the Pack Key Operating Metrics 1-3Q16 YoY change Total Subscribers Blended ARPU1 1.0% CHT FET TWM -0.4% -1.2% CHT FET TWM -0.1% -3.8% -1.2% Mobile Service Revenue1 Telecom EBITDA 1.3% 5% 3% CHT FET TWM CHT FET TWM -1.9% -1.6% -3% 1. Based on IFRS – Residual Value Method, i.e. e
Slide 5: Online Shopping - A Bright Spot
Online Shopping - A Bright Spot (Unit: NT$bn) momo 3Q16 3Q15 YoY Total Revenue 6.76 6.33 7% - Online Shopping 4.95 4.30 15% - TV Home Shopping & Others 1.81 2.03 -11% EBITDA 0.30 0.28 +6% EBITDA Margin 4.4% 4.4% +0.0ppts 5
Slide 6: Financial Overview
Financial Overview 6
Slide 7: Performance by Business
Performance by Business Revenue EBITDA NT$bn Telecom CATV momo Total Telecom CATV momo Total 3Q16 20.01 1.63 6.76 28.45 7.26 0.87 0.30 8.57 % of 70% 6% 24% 100% 85% 10% 4% 100% total 3Q16 2% 0% 7% 3% -1% -2% 6% 0% YoY Note: The combined total of telecom, CATV and momo does not equal the consolidated
Slide 8: Results Summary
Results Summary 3Q16 1-3Q 16 NT$mn % of 3Q Amount YoY Amount YoY Forecast Revenue 28,449 3% 97% 86,089 1% Cost (19,028) 5% 96% (57,516) -1% Operating expense (4,330) 2% 95% (13,238) 2% Operating income 5,091 -1% 103% 15,335 6% Net non-oper. items (125) 35% 56% (484) 20% Income before tax 4,965 -2% 1
Slide 9: Balance Sheet Analysis
Balance Sheet Analysis NT$bn 3Q16 2Q16 3Q15 3Q16 2Q16 3Q15 Total Assets 151.26 152.47 154.87 Liabilities 88.76 94.45 93.26 Current Assets 32.39 32.72 31.26 Current Liabilities 51.34 56.17 64.81 - Cash & Cash Equivalents 6.57 7.55 7.28 - ST Debts 27.82 17.67 42.37 - Accounts Receivable 15.66 15.97 15
Slide 10: Cash Flow Analysis
Cash Flow Analysis NT$bn 3Q16 2Q16 3Q15 1-3Q16 1-3Q15 Operating Cash Flow 7.89 5.97 7.25 23.89 18.07 Investing Cash Flow (3.55) (2.70) (4.44) (9.17) (13.42) Financing Cash Flow (5.31) (4.42) (4.33) (16.73) (5.27) NT$bn 3Q16 2Q16 3Q15 1-3Q16 1-3Q15 Cash CAPEX (3.05) (2.43) (2.96) (8.23) (9.82) Free C
Slide 11: Event Updates
Event Updates 11
Slide 12: Event Updates: Change of TWM's Chairman
Event Updates Change of TWM’s Chairman Following Mr. Richard M. Tsai’s being named the Chairman of Fubon Financial Holdings and Fubon Life Insurance, Mr. Daniel M. Tsai was elected as Taiwan Mobile’s Chairman by the board on Oct. 12, 2016. Earlier Return of Partial 2G Spectrum To optimize mobile net
Slide 13: Event Updates: New Products and Services
Event Updates New Products and Services With an aim toward the Internet of Vehicle market, TWM has introduced new fleet management services, which integrate mobile communications, vehicle telematics, cloud service platform and mobile apps as well as car insurance services provided by Fubon Insurance
Slide 14: Key Message
Key Message Taiwan Mobile’s optimized spectrum investments and disciplined handset subsidies led to the steady EBITDA growth in the first three quarters of 2016. The company’s progress in achieving the 2016 full-year guidance is on track. A sound mobile spectrum and network investment strategy as we
Slide 15: Q&A
Q&A 15