Emirates Integrated Telecommunications Company Pjsc · DFM:DU
Emirates Integrated Telecommunications Company Pjsc — FY2009 Earnings Presentation
10 slides from Emirates Integrated Telecommunications Company Pjsc's earnings presentation, Feb 24, 2010
Slide 1: 2009 Full Year Results Presentation
2009 Full Year Results Presentation Emirates Integrated Telecommunications Company PJSC 24 February 2010
Slide 2: Highlights
Highlights 2009 another successful year of growth for du with record revenues & profits • Upward trend across all revenue segments: mobile, fixed, wholesale & broadcasting • More than 1 million active mobile subscribers added in 2009, confirming du as a serious player in the UAE telecommunications s
Slide 3: Financial Summary
Financial Summary Q4 2009 FY 2009 337,900 active mobile subscribers added 1,011,200 active mobile subscribers during the quarter acquired during the year, up 41% to 3,477,000 at year end Solid 27,500 increase in post-paid mobile subscribers, now 4% of mobile subscriber Revenues grew to AED5.3bn incr
Slide 4: Revenues & Margins
Revenues & Margins Revenues driven by strong mobile subscriber acquisitions Gross Margin Revenue by Segment 1,200 67% 1,530 41 66% 1,310 1,333 123 1,000 992 1,227 36 65% 1,166 36 115 256 1,200 34 150 1,060 112 32 800 876 64% 108 242 810 863 30 1,110 776 AED Millions 1,000 908 243 AED Million 89 242
Slide 5: Revenue Drivers - Mobile
Revenue Drivers - Mobile Strong increase in mobile revenues and subscribers during 2009 Revenue - Mobile 1,200 1,110 Subscribers - Mobile - Active 90 days 941 ('000) 1,000 882 840 3,477 795 730 3,139 800 2,906 2,750 595 AED Millions 2,466 600 464 2,077 1,850 400 1,404 200 0 Q1-08 Q2-08 Q3-08 Q4-08 Q
Slide 6: Revenue Drivers – Fixed
Revenue Drivers – Fixed Fixed line take up rises by 45% year on year • Fixed revenues grew by 6% for the quarter to AED 256m Revenue - Fixed and reached AED 970m for the full year, up 17% 17 12 9 9 • Total fixed lines increased 13% qoq and 45% yoy closing with 4 2 3 405,900 lines – 47,900 lines adde
Slide 7: Revenue Drivers: Wholesale & Broadcasting
Revenue Drivers Wholesale & Broadcasting Revenue - Wholesale Revenue - Broadcasting 45 150 40 41 35 36 36 123 34 115 30 32 112 108 30 30 AED Millions 25 AED Millions 97 26 89 20 75 15 10 5 0 Q1-08 Q2-08 Q3-08 Q4-08 Q1-09 Q2-09 Q3-09 Q4-09 Q1-08 Q2-08 Q3-08 Q1-09 Q2-09 Q3-09 Q4-09 • Solid wholesale r
Slide 8: Profit & Loss
Profit & Loss Net profit before royalty reached AED528m Earnings Before Interest, Tax, Depreciation30% & Net Profit before Royalty 15% Amortization (EBITDA) 366 25% 209 10% 297 20% 157 5% 115 AED Million AED Million 236 242 15% 82 0% 159 10% 47 31 100 102 (44) -5% 5% 50 (50) (61) 2 29 - 0% (100) -10
Slide 9: Capital Investments and Cash Flow
Capital Investments and Cash Flow Continued investment in du’s network and infrastructure to support growth 1,000 Cash Flow Capex Additions 900 600 914 800 960 400 700 200 451.6 277.1 311.6 310.2 Millions (AED) 141.1 173.9 177.1 600 638 0 Millions (AED) (149.9) 12.8 500 586 (200) (361.7) (332.9) (66
Slide 10: Q&A
Q&A Mr Osman Sultan Mr Mark Shuttleworth Chief Executive Officer Chief Financial Officer
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