22nd Feb 2007 16:31
Telefonica O2 Czech Republic, A.S.22 February 2007 Telefonica O2 Czech Republic, a.s. - Facts & Figures This document is intended for information purposes only. Although Telefonica O2Czech Republic, a.s. makes every effort to provide accurate information, wecannot accept liability for any misprints or other errors. All financials in CZK million, unless specifiedotherwise. Results are presented under International Financial Reporting Standards. Allresults are consolidated, unless specified otherwise. Financial results 2005-2006 are audited. Results for 2005 include the impact of accounting policy changes made in Q4 2005 Results for fixed and mobile segment are net of excluding inter-segment chargesbetween fixed and mobile segments CONSOLIDATED INCOME STATEMENT FY 2005 FY 2006 % Change 06/05Revenues 1) 61 040 61 311 0,4%Internal expenses capitalized in fixed 594 911 53,4%assetsOperating costs (33 186) (34 100) 2,8%Other operating expense (63) (61) (3,2%)Gain on sale of fixed assets 116 98 (15,5%)Impairment of fixed assets (1 261) (253) n.m. OIBDA 27 240 27 906 2,4% OIBDA margin 2) 44,9% 45,8% Depreciation and amortization (17 808) (16 746) (6,0%) Operating Income 9 432 11 160 18,3% Net financial income (expense) (684) (220) (67,8%) Income before taxes 8 748 10 940 25,1% Income taxes (2 500) (2 920) 16,8% Income from continuing operations 6 248 8 020 28,4% Minority interest 1 0 (100,0%) _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _Net income 6 249 8 020 28,3% 1) Business and recurring revenues2) OIBDA margin = OIBDA / Business Revenues REVENUES - Fixed Segment 1) FY 2005 FY 2006 % Change 06/05 Traditional Access 2) 11 244 10 510 (6,5%) Traditional Voice Services 11 019 9 963 (9,6%) Communication Traffic 6 595 5 528 (16,2%) - Domestic Traffic 3) 3 452 3 010 (12,8%) - Fixed to Mobile Traffic 1 920 1 540 (19,8%) - International Traffic 616 510 (17,2%) - Other Traffic 4) 607 468 (22,9%) Interconnection 5) 4 424 4 435 0,2% Internet & Broadband 3 063 3 359 9,7% Narrowband 1 229 610 (50,4%) Broadband 1 834 2 749 49,9% - Retail 6) 1 551 2 353 51,7% - Wholesale 7) 283 396 39,9% IT Services 231 584 152,8% Equipment Sales 8) 772 593 (23,2%) Data Services 4 347 4 169 (4,1%) Leased lines 2 615 2 330 (10,9%) Data services 9) 1 732 1 839 6,2% Other telco revenues 10) 887 764 (13,9%) _ _ _ _ _ _ _ _ _ _ _ _ _ _ _Total business revenues 31 563 29 942 (5,1%) Other revenues 297 428 44,1% _ _ _ _ _ _ _ _ _ _ _ _ _ _ _Total revenues 31 860 30 370 (4,7%) 1) Figures are shown net of inter-segment charges between fixed and mobile segment2) Subscription and Connection Charges3) Local and National Calls, Voice Surcharges4) Incl. Coin Payphones and Prepaid Cards5) Domestic and International, from Fixed and Mobile Traffic6) 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 - Mobile Segment 1) 2005 2006 % Change 06/05 Service Revenues 27 577 29 352 6,4% Voice Services 21 974 22 944 4,4% Monthly fees 5 888 6 417 9,0% Traffic 2) 11 356 11 518 1,4% Interconnection 3) 4 730 5 009 5,9% Value Added Services 4) 4 069 4 413 8,5% Internet & Data 5) 1 359 1 692 24,5% Other revenues 6) 175 303 73,1% Equipment Sales 7) 1 580 1 570 (0,6%) _ _ _ _ _ _ _ _ _ _ _ _ _ _ _Total business revenues 29 157 30 922 6,1% Other revenues 20 15 (25,0%) _ _ _ _ _ _ _ _ _ _ _ _ _ _ _Total revenues 29 177 30 937 6,0% 1) Figures are shown net of inter-segment charges between fixed and mobile segment2) Outbound Traffic and Roaming Abroad3) Inbound Traffic and Roaming Visitors, from Fixed and Mobile Traffic4) Incl. SMS & MMS and Content5) CDMA, GPRS, HSCSD, UMTS and ADSL6) Inc. IT Services7) Incl. Activation Fees CONSOLIDATED OPERATING COSTS 2005 2006 % Change 06/05 Supplies 1) 15 096 15 423 2,2% Interconnection 9 701 10 010 3,2% Cost of Goods Sold 3 510 3 067 (12,6%) Other Supplies 1 885 2 346 24,5% Personnel Expenses 2) 7 828 7 093 (9,4%) Subcontracts 9 341 10 505 12,5% Marketing and Sales 2 611 3 139 20,2% Network & IT repairs and maintenance 2 413 2 594 7,5% Rentals, Buildings and Vehicles 1 609 1 652 2,7% Utilities supplies 3) 604 746 23,5% Other Subcontracts 4) 2 104 2 374 12,8% Taxes 5) 921 1 079 17,2% _ _ _ _ _ _ _ _ _ _ _ _ _ _ _Total Operating Costs 33 186 34 100 2,8% 1) Purchases and Cost of Sales2) Incl. Headcount Reduction Costs3) Material and Energy4) Incl. Consultancy Fees5) Incl. Provisions CONSOLIDATED BALANCE SHEET 31.12.2005 31.12.2006 % Change 06/05 Non-Current Assets 111 359 100 824 (9,5%) Intangible Assets 9 526 8 308 (12,8%) Goodwill 13 320 13 320 0,0% Property, plant and equipment and 88 003 78 755 (10,5%)Investment property Long-term financial assets and other 510 415 (18,6%)non-current assets Deferred tax assets 0 26 n.m. Current Assets 12 492 16 850 34,9% Inventories 716 987 37,8% Trade and other receivables 8 013 8 336 4,0% Current tax receivable 124 0 (100,0%) Short/term financial investments 0 66 n.m. Cash and cash equivalents 3 639 7 461 105,0% Non-current assets classified as held for 360 203 (43,6%)sale_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _Total Assets 124 211 117 877 (5,1%) Equity 94 975 88 481 (6,8%) Equity attributable to equity holders of 94 975 88 481 (6,8%)the parent Minority interest 0 0 0,0% Non-Current Liabilities 18 421 16 495 (10,5%) Long-term financial debt 9 324 9 156 (1,8%) Deferred tax liabilities 5 721 4 495 (21,4%) Long/Term Provisions 2 111 2 037 (3,5%) Other long/term liabilities 1 265 807 (36,2%) Current Liabilities 10 815 12 901 19,3% Short-term financial debt 307 207 (32,6%) Trade and Other payables 6 850 7 849 14,6% Current tax payable 251 730 190,8% Short/term provisions and other 3 407 4 115 20,8%liabilities Liabilities associated with non-current 0 0 0,0%assets classified as held for sale_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _Total Equity and Liabilities 124 211 117 877 (5,1%) CONSOLIDATED CASH FLOW STATEMENT FY 2005 FY 2006 % Change 06/05 Interest paid (889) (429) (51,7%) Interest received 47 186 295,7% Income tax paid (3 262) (3 564) 9,3%Cash Generated from Operating Activities 23 656 24 456 3,4% Purchase of property, plant and equipment (5 200) (6 214) 19,5%and intangible assets Purchase of marketable securities 0 0 0,0% Purchase of financial investments 0 0 0,0% Disposal of property, plant and equipment 235 214 (8,9%) Proceeds from marketable securities 184 0 (100,0%) Proceeds from investments 0 0 0,0% Dividends received 0 0 n.m. Grant of loan 0 (3 294) n.m. Payment of loan 0 3 253 n.m.Net cash used in investing activities (4 781) (6 041) 26,4% Free cash flow I 1) 18 691 18 428 (1,4%)Free cash flow II 2) 19 533 18 699 (4,3%) Net cash outflow before financing 18 875 18 415 (2,4%)Net cash from financing activities (15 813) (14 494) (8,3%) Effect of exchange rate changes (4) 2 n.m. Net cash increase / (decrease) 3 062 3 921 n.m. 1) Net operating cash plus Net investing cash excl. Marketable securities, Financial investments, Dividends and Loan2) Net operating cash excl. Interest paid and received plus Net investing cash excl. Marketable securities, Financial investments, Dividends and Loan CONSOLIDATED CAPEX 2005 2006 % Change 06/05 Fixed 2 249 3 149 40,0%Mobile 3 814 3 170 (16,9%)Other 9 181 n.m. '_ _ _ _ _ '_ _ _ _ _ '_ _ _ _ _Total CAPEX 6 072 6 500 7,0% CAPEX/Revenues 9,9% 10,6% OPERATIONAL DATA - Fixed Line Business 2005 2006 % Change 06/ 05 Total Accesses 3 576 3 073 (14,1%)Final Clients Accesses 3 514 2 979 (15,2%)Fixed telephony accesses 1) 2 908 2 402 (17,4%)Internet and data accesses 606 561 (7,4%)Narrowband 367 144 (60,8%)Broadband 2) 226 405 79,4%Other 3) 13 12 (7,7%)Pay TV 0 16 n.m.Wholesale Accesses 62 94 50,9%Unbundled loops 7 23 n.m.Wholesale ADSL 48 65 34,1%Other 4) 7 6 (12,7%) Total outbound minutes (x 1 000 000) 6 406 4 518 (29,5%) Local 2 130 1 780 (16,4%) LD 699 701 0,3% International 130 124 (4,5%) Fixed to Mobile 355 330 (6,9%) Internet 2 818 1 181 (58,1%) Other 274 400 45,9% Total inbound minutes off-net (x 1 000 000) 1 964 1 900 (3,3%) Domestic 1 765 1 678 (4,9%) International 199 222 11,6% Avg. monthly minutes of use per customer 5) 229 201 n.m. OPERATIONAL DATA - Mobile Business 2005 2006 % Change 06/05 EOP registered customers (x 1000) 4 676 4 864 4,0%contract customers 6) 1 546 1 875 21,3%prepaid customers 7) 3 130 2 989 (4,5%) Data customers 137 168 22,6%GPRS Flat fee customers (x 1000) 67 74 10,4%CDMA customers (x 1000) 70 94 34,3% Churn rate blended (monthly average) 1,3% 1,5% 15,4% ARPU blended (in CZK; monthly average) 8) 9) 510 511 0,2%contract ARPU (in CZK) 8) 1 165 989 (15,1%)prepaid ARPU (in CZK) 8) 244 239 (2,0%)data ARPU blended (in CZK) 8) 10) 102 108 5,9%non-SMS data ARPU as a % of data ARPU - 39% 41% 5,5%blended Total minutes - outbound & inbound (x 1 000 4 850 5 721 18,0%000)MOU per customer blended (monthly average) 92 102 10,9%11) Total number of SMS (x 1 000 000) 2 519 2 858 13,5% Group Headcount 2005 2006 % Change 06/05 Telefonica O2 Czech Republic 12) 10 014 9 265 (7,5%) Other subsidiaries 45 151 235,6% 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 per customer month10) data = Value added services + Internet & Data11) Avg. monthly minutes of use per customer = In + outbound12) EESKY TELECOM and Eurotel untill 30 June 2006 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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