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Deutsche Telekom AG - Interim Group report - January 1 to September 30, 2015

12 Interim Group management report Deutsche Telekom. Interim Group Report 9M 2015. Contribution of the segments to adjusted Group EBITDA millions of € Q1 2015 Q2 2015 Q3 2015 Q3 2014 Change % Q1–Q3 2015 Q1–Q3 2014 Change % FY 2014 EBITDA (ADJUSTED FOR SPECIAL FACTORS) IN THE GROUP 4,574 5,026 5,165 4,575 12.9 % 14,765 13,125 12.5 % 17,569 Germany 2,211 2,224 2,269 2,324 (2.4) % 6,704 6,810 (1.6) % 8,810 United States 1,225 1,652 1,702 1,014 67.9 % 4,579 2,941 55.7 % 4,296 Europe 1,008 1,069 1,148 1,184 (3.0) % 3,225 3,309 (2.5) % 4,432 Systems Solutions 154 214 185 197 (6.1) % 553 623 (11.2) % 835 Group Headquarters & Group Services (22) (76) (133) (145) 8.3 % (231) (423) 45.4 % (667) Reconciliation (2) (57) (6) 1 n. a. (65) (135) 51.9 % (137) EBIT Compared with the first nine months of the prior year, Group EBIT decreased substantially by EUR 1.2 billion to EUR 5.1 billion, primarily due to income recorded in the prior year from divestitures in connection with the disposal of the Scout24 group. A EUR 0.4 billion increase in depreciation and amortization compared with the prior-year period, mainly attributable to the roll-outofthe4G/LTEnetworkaspartofT-MobileUSʼnetworkmodernization program, also had a negative impact on the development of EBIT. PROFIT BEFORE INCOME TAXES Profit before income taxes decreased significantly by EUR 1.0 billion year-on- year to EUR 3.2 billion as a result of the aforementioned effects. Loss from financial activities decreased by EUR 0.2 billion year-on-year, mainly due to dividend payments of EUR 0.4 billion received from the EE joint venture. The dividend payments recognized in profit or loss related to the reclassification in December 2014 of our stake in the joint venture as non-current assets and disposal groups held for sale. Remeasurement effects resulting primarily from the subsequent measurement of embedded derivatives of T-Mobile US had an offsetting effect. These remeasurement losses were largely attributable to the rise in T-Mobile USʼ the share price. NET PROFIT Net profit decreased by EUR 0.7 billion to EUR 2.3 billion. The tax expense for the current financial year amounted to EUR 0.8 billion, down EUR 0.1 billion compared with the same period in the prior year. For further information, please refer to the interim consolidated financial statements, page 45. Profit attributable to non-controlling interests decreased compared with the prior-year period by EUR 0.1 billion. The aforementioned remeasurement loss recorded in the United States operating segment was one of the factors negatively impacting on profit/loss from financial activities at T-Mobile US and, consequently,onprofitattributabletonon-controllinginterests.Theacquisition of the remaining shares in T-Mobile Czech Republic in February 2014 and in Slovak Telekom in May 2015 also had a decreasing effect. IN THE GROUP 4,5745,0265,1654,57512.9 % 14,76513,12512.5 % 17,569 Germany 2,2112,2242,2692,324 (2.4) % 6,7046,810 (1.6) % 8,810 United States 1,2251,6521,7021,01467.9 % 4,5792,94155.7 % 4,296 Europe 1,0081,0691,1481,184 (3.0) % 3,2253,309 (2.5) % 4,432 Systems Solutions 154214185197 (6.1) % 553623 (11.2) % 835

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