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Deutsche Telekom AG - Interim Group report - January 1 to March 31, 2012

35Interim consolidated financial statements Net cash used in financing activities. Q1  2012  millions of € Q1 2011 millions of € Commercial paper (net) (1,656) 464 Repayment of EIB loans (532) (35) Repayment of a medium-term note (current) (499) (53) Net repayment of cash deposits from the Everything Everywhere joint venture (139) (276) Net cash flows for collateral deposited for hedging transactions (117) (83) Liabilities to banks (23) 144 Repayment of eurobond issued by OTE – (1,429) Repayment of U.S. dollar bonds – (353) PTC transaction – (187) Issuances of U.S. dollar bonds 1,502 – Issuance of a medium-term note (non-current) 177 – Utilization of the credit line by OTE – 902 Loans taken out with the EIB – 51 Other (55) (107) (1,342) (962) Segment reporting. The following table gives an overall summary of Deutsche Telekom’s operating segments and Group Headquarters & Shared Services for the first quarters of 2012 and 2011. Since January 1, 2012, Deutsche Telekom has pooled the tasks and functions of the Digital Services growth business as well as the Internet service provider STRATO, which as of December 31, 2011 were still largely part of the Germany operating segment, as the Digital Business Unit (DBU) under Group Headquar- ters & Shared Services. The unit’s responsibilities include research & develop- ment, innovation management and marketing, product development and man- agement, and management of the digital product portfolio. The growth business nowfocusesonsixbusinessareasthatdevelopproductsandservices for con- sumers and business customers: communication services, media/entertain- ment,cloudservices,portal/advertising,classifieds/e-commerce,andpayment services. The aim of the change in organization is to ensure that Deutsche Telekom generates more growth in the digital markets and thus underlines the strategic aim of tapping into new fields of revenue beyond the core tele­ communications business. For the first quarter of 2011, the change in disclosure resulted in the transfer of net revenue of EUR 0.2 billion from the Germany operating segment to Group Headquarters & Shared Services. For details on the development of operations in the operating segments and at Group Headquarters & Shared Services, please refer to the section “Development of business in the operating segments” in the interim Group management report. Segment information in the quarters. Q1 2012  Q1 2011 Net revenue millions of € Inter- segment revenue millions of € Total revenue millions of € Profit (loss) from operations (EBIT) millions of € Depreciation and amortization millions of € Impairment losses millions of € Segment assets millions of € Investments accounted for using the equity method millions of € Germany 5,320 338 5,658 887 (1,119) – 32,714 17   5,454 340 5,794 1,225 (1,056) – 33,606 17 Europe 3,400 175 3,575 450 (717) – 37,930 6,587   3,504 168 3,672 365 (799) (2) 42,109 6,697 United States 3,845 2 3,847 344 (561) – 36,511 25   3,767 3 3,770 401 (463) – 35,974 25 Systems Solutions 1,625 620 2,245 (35) (148) – 8,685 33   1,616 644 2,260 (11) (160) – 8,898 47 Group Headquarters & Shared Services 242 475 717 (414) (187) (24) 100,088 25 256 479 735 (324) (184) (5) 100,652 10 Total 14,432 1,610 16,042 1,232 (2,732) (24) 215,928 6,687 14,597 1,634 16,231 1,656 (2,662) (7) 221,239 6,796 Reconciliation – (1,610) (1,610) (14) 22 – (95,444) – – (1,634) (1,634) (12) 16 (1) (98,043) (26) Group 14,432 – 14,432 1,218 (2,710) (24) 120,484 6,687 14,597 – 14,597 1,644 (2,646) (8) 123,196 6,770 Contingent liabilities. This section provides additional information and explains recent changes in the contingent liabilities as described in the consolidated financial statements for the 2011 financial year. Eutelsatarbitrationproceedings.EutelsatS.A.isseekingrevocationbyFrench courts of the ruling of the court of arbitration which refused to include Media Broadcast GmbH in the arbitration proceedings due to lack of jurisdiction. As part of the arbitration proceedings, Eutelsat S.A. submitted its statement of claim on February 29, 2012. The financial impact of the proceedings cannot be estimated with sufficient certainty at this point in time. Claim for damages by Kabel Deutschland GmbH. Telekom Deutschland GmbH was notified in early April that Kabel Deutschland Vertrieb und Service GmbH (KDG) had filed a claim with the Frankfurt Regional Court; we have not yet been served with the complaint. KDG demands a reduction in the annual

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