TDE.L Regulatory News (TDE)

26 Jul 2007 15:00

Telefonica O2 Czech Republic, A.S.26 July 2007 Telefonica O2 Czech Republic, a.s. - Facts & Figures This document is intended for information purposes only. Although Telefonica O2 Czech Republic, a.s. makesevery effort to provide accurate information, we cannot accept liability for any misprints or other errors.All financials in CZK million, unless specified otherwise.Results are presented under International Financial Reporting Standards. All results are consolidated,unless specified otherwise.Financial results are unaudited.Results for fixed and mobile segment are net of excluding inter-segment charges between fixed and mobilesegments CONSOLIDATED INCOME STATEMENT 1H2006 1H2007 % Change 1H07 /1H06 Revenues 1) 30 102 31 070 3,2%Internal expenses capitalized in fixed 403 291 (27,8%)assetsOperating costs (15 956) (17 143) 7,4%Other operating expense (35) (79) 125,7%Gain on sale of fixed assets 29 32 10,3%Impairment of fixed assets (38) 10 n.m. OIBDA 14 505 14 181 (2,2%) OIBDA margin 2) 48,5% 45,9% Depreciation and amortization (8 443) (7 471) (11,5%) Operating Income 6 062 6 710 10,7% Net financial income (expense) (162) (56) (65,4%) Income before taxes 5 900 6 654 12,8% Income taxes (1 618) (1 763) 9,0% Income from continuing operations 4 282 4 891 14,2% Minority interest 0 0 0,0% _ _ _ _ _ _ _ _ _ _ '_ _ _ _ _ _ _Net income 4 282 4 891 14,2% 1) Business and recurring revenues2) OIBDA margin = OIBDA / Business Revenues REVENUES - Domestic Fixed Segment 1) 1H2006 1H2007 % Change 1H07/1H06 Traditional Access 2) 5 237 4 964 (5,2%) Traditional Voice Services 5 210 4 757 (8,7%) Communication Traffic 2 985 2 356 (21,1%) - Domestic Traffic 3) 1 682 1 164 (30,8%) - Fixed to Mobile Traffic 789 734 (7,0%) - International Traffic 261 237 (9,2%) - Other Traffic 4) 253 221 (12,6%) Interconnection 5) 2 225 2 401 7,9% Internet & Broadband 1 625 1 922 18,3% Narrowband 375 143 (61,9%) Broadband 1 250 1 779 42,3% - Retail 6) 1 060 1 575 48,6% - Wholesale 7) 190 204 7,4% IT Services 222 810 264,9% Equipment Sales 8) 315 217 (31,1%) Data Services 2 077 2 052 (1,2%) Leased lines 1 180 1 094 (7,3%) Data services 9) 897 958 6,8% Other telco revenues 10) 323 336 4,0% '_ _ _ _ '_ _ _ _ '_ _ _ _ _ _ _Total business revenues 15 009 15 058 0,3% Other revenues 204 178 (12,7%) '_ _ _ _ '_ _ _ _ '_ _ _ _ _ _ _Total revenues 15 213 15 236 0,2% 1) Figures are shown net of inter-segment charges between fixed and mobilesegment2) Subscription and Connection Charges3) Local and National Calls, Voice Surcharges4) Incl. Coin Payphones and Prepaid Cards5) Domestic and International, from Fixed and MobileTraffic6) Incl. Broadband Content and VAS7) Carrier Broadband service8) Telephone Handsets and CPE for data services9) Incl. IP Connect and VPN10) Incl. Value Added Services (SMS, colour lines etc.) REVENUES - Domestic Mobile Segment 1) 1H2006 1H2007 % Change 1H07/1H06 Service Revenues 14 186 14 982 5,6% Voice Services 11 106 11 720 5,5% Monthly fees 3 131 3 446 10,1% Traffic 2) 5 478 5 782 5,5% Interconnection 3) 2 497 2 492 (0,2%) Value Added Services 4) 2 167 2 226 2,7% Internet & Data 5) 779 920 18,1% Other revenues 6) 134 116 (13,4%) Equipment Sales 7) 707 725 2,5% _ _ _ _ _ _ _ _ _ _ _ _ _ _ _Total business revenues 14 893 15 707 5,5% Other revenues 7 11 n.m. '_ _ _ _ '_ _ _ _ '_ _ _ _ _ _ _Total revenues 14 900 15 718 5,5% 1) Figures are shown net of inter-segment charges between fixed and mobilesegment2) Outbound Traffic and Roaming Abroad3) Inbound Traffic and Roaming Visitors, from Fixed and MobileTraffic4) Incl. SMS & MMS and Content5) CDMA, GPRS, HSCSD, UMTS and ADSL6) Inc. IT Services7) Incl. Activation Fees CONSOLIDATED OPERATING COSTS 1H2006 1H2007 % Change 1H07/1H06 Supplies 1) 7 471 8 226 10,1% Interconnection 4 994 5 357 7,3% Cost of Goods Sold 1 403 1 689 20,4% Other Supplies 1 074 1 180 9,9% Personnel Expenses 2) 3 512 3 611 2,8% Subcontracts 4 483 4 986 11,2% Marketing and Sales 1 324 1 617 22,1% Network & IT repairs and maintenance 1 208 1 323 9,5% Rentals, Buildings and Vehicles 781 804 2,9% Utilities supplies 3) 365 377 3,3% Other Subcontracts 4) 805 865 7,5% Taxes 5) 490 320 (34,7%) '_ _ _ _ _ '_ _ _ _ _ '_ _ _ _ _Total Operating Costs 15 956 17 143 7,4% 1) Purchases and Cost of Sales2) Incl. Headcount Reduction Costs3) Material and Energy4) Incl. Consultancy Fees5) Incl. Provisions CONSOLIDATED BALANCE SHEET 30.6.2006 30.6.2007 % Change 1H07/1H06 Non-Current Assets 105 558 96 175 (8,9%) Intangible Assets 8 803 7 953 (9,7%) Goodwill 13 320 13 320 0,0% Property, plant and equipment and Investment property 83 007 74 352 (10,4%) Long-term financial assets and other non-current assets 428 413 (3,5%) Deferred tax assets 0 137 n.m. Current Assets 21 005 26 870 27,9% Inventories 583 619 6,2% Trade and other receivables 9 058 8 986 (0,8%) Current tax receivable 0 1 n.m. Short/term financial investments 63 79 25,4% Cash and cash equivalents 11 301 17 185 52,1% Non-current assets classified as held for sale 247 223 (9,7%)_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _Total Assets 126 810 123 268 (2,8%) Equity 84 772 77 268 (8,9%) Equity attributable to equity holders of the parent 84 772 77 268 (8,9%) Minority interest 0 0 0,0% Non-Current Liabilities 17 199 16 227 (5,7%) Long-term financial debt 9 268 9 298 0,3% Deferred tax liabilities 5 024 4 318 (14,1%) Long/Term Provisions 1 895 2 063 8,9% Other long/term liabilities 1 012 548 (45,8%) Current Liabilities 24 839 29 773 19,9% Short-term financial debt 407 408 0,2% Trade and Other payables 6 245 7 808 25,0% Current tax payable 297 1 361 358,2% Short/term provisions and other liabilities 17 890 20 196 12,9% Liabilities associated with non-current assets classified 0 0 0,0%as held for sale_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _Total Equity and Liabilities 126 810 123 268 (2,8%) CONSOLIDATED CASH FLOW STATEMENT 1H2006 1H2007 % Change 1H07/1H06 Interest paid (2) 1 0,0% Interest received 68 133 95,6% Income tax paid (2 146) (1 423) (33,7%)Cash Generated from Operating Activities 11 187 12 143 8,5% Purchase of property, plant and equipment and (3 442) (2 550) (25,9%)intangible assets Purchase of marketable securities 0 0 0,0% Purchase of financial investments 0 0 0,0% Disposal of property, plant and equipment 68 48 (29,4%) Proceeds from marketable securities 0 54 n.m. Proceeds from investments 0 0 0,0% Dividends received 0 0 0,0% Grant of loan (3 294) (167) (94,9%) Payment of loan 3 253 167 (94,9%)Net cash used in investing activities (3 415) (2 448) (28,3%) Free cash flow I 1) 7 813 9 641 23,4%Free cash flow II 2) 7 747 9 507 22,7% Net cash outflow before financing 7 772 9 695 24,7%Net cash from financing activities 0 0 n.m. Effect of exchange rate changes (9) (4) (55,6%) Net cash increase / (decrease) 7 772 9 695 24,7% 1) Net operating cash plus Net investing cash excl. Marketable securities, Financialinvestments, Dividends and Loan2) Net operating cash excl. Interest paid and received plus Net investing cash excl. Marketablesecurities, Financial investments, Dividends and Loan CONSOLIDATED CAPEX 1H2006 1H2007 % Change 1H07 /1H06 Czech republic 2 690 2 200 (18,2%)Slovakia 0 556 n.m. '_ _ _ _ _ '_ _ _ _ _ '_ _ _ _ _Total CAPEX 2 690 2 756 2,5% CAPEX/Revenues 8,9% 8,9% OPERATIONAL DATA - CZ Fixed Line Business 1H 2006 1H % Change 2007 1H07/ 1H06Total Accesses 3 308 2 909 (12,1%)Final Clients Accesses 3 229 2 804 (13,2%)Fixed telephony accesses 1) 2 666 2 207 (17,2%)Internet and data accesses 563 559 (0,7%)Narrowband 224 86 (61,8%)Broadband 2) 326 462 41,8%Other 3) 13 11 (15,4%)Pay TV 0 38 n.m.Wholesale Accesses 79 106 33,5%Unbundled loops 12 36 n.m.Wholesale ADSL 60 64 7,0%Other 4) 7 6 (19,1%) Total outbound minutes (x 1 000 000) 2 551 1 677 (34,3%) Local 980 737 (24,8%) LD 368 317 (13,7%) International 64 59 (7,7%) Fixed to Mobile 168 163 (3,3%) Internet 767 242 (68,5%) Other 205 159 (22,3%) Total inbound minutes off-net (x 1 000 000) 1 008 860 (14,7%) Domestic 899 731 (18,7%) International 109 129 18,3% Avg. monthly minutes of use per customer 5) 205 183 n.m. OPERATIONAL DATA - CZ Mobile Business 1H 2006 1H % Change 2007 1H07/ 1H06EOP registered customers (x 1000) 4 770 4 894 2,6%contract customers 6) 1 727 2 077 20,3%prepaid customers 7) 3 043 2 817 (7,4%) Data customers 155 177 14,2%GPRS Flat fee customers (x 1000) 70 75 7,1%CDMA customers (x 1000) 85 102 20,0% Churn rate blended (monthly average) 1,5% 1,7% 10,4% ARPU blended (in CZK; monthly average) 8) 9) 498 510 2,4%contract ARPU (in CZK) 8) 992 906 (8,7%)prepaid ARPU (in CZK) 8) 232 241 3,9%data ARPU blended (in CZK) 8) 10) 105 108 2,9%non-SMS data ARPU as a % of data ARPU - blended 39% 42% 6,7% Total minutes - outbound & inbound (x 1 000 000) 2 756 3 279 19,0%MOU per customer blended (monthly average) 11) 99 115 16,2% Total number of SMS (x 1 000 000) 1 382 1 501 8,6% Group Headcount 1H 2006 1H % Change 2007 1H07/ 1H06Telefonica O2 Czech Republic 12) 9 952 8 973 (9,8%)Telefonica O2 Slovakia 0 230 n.m.Other subsidiaries 69 162 134,8% 1) PSTN (including payphones) x1; ISDN Basic x 1; ISDN Primary Access x 30,excluding incoming only lines2) ADSL3) Leased lines4) Wholesale circuits5) Inbound + outbound6) GSM, NMT and CDMA customers7) Prepaid customer = customer who recharged within last 13 months8) Including revenues from fixed segment (intra-company)9) ARPU Mobile = Average mobile service revenue excl. roaming visitors percustomer month10) data = Value added services + Internet & Data11) Avg. monthly minutes of use per customer = In + outbound12) CESKY TELECOM and Eurotel at 30 June 2006 This information is provided by RNS The company news service from the London Stock Exchange