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

43Interim consolidated financial statements Deutsche Telekom. Interim Group Report 9M 2015. INTANGIBLE ASSETS AND PROPERTY, PLANT AND EQUIPMENT Intangible assets increased by EUR 4.5 billion to EUR 56.0 billion, mainly due to additions totaling EUR 6.2 billion. This includes among other factors EUR 2.3 billion for the purchase of mobile licenses by T-Mobile US, in particular in the auction organized by the U.S. Federal Communications Commission (FCC) and completed in January 2015. The 100 MHz spectrum acquired in the frequency auction completed in Germany in June 2015 for EUR 1.8 billion also contributed to the increase. Exchange rate effects of EUR 2.1 billion, in particular from the translation of U.S. dollars into euros, also increased the carrying amount of intangible assets. Amortization of EUR 3.0 billion as well as the reclassification of assets worth EUR 0.8 billion to non-current assets and disposal groups held for sale had an offsetting effect. Property, plant and equipment increased by EUR 2.6 billion compared to December 31, 2014 to EUR 42.2 billion. Additions of EUR 7.4 billion had an increasing effect on the carrying amount. This includes EUR 0.8 billion of capitalized higher-priced mobile devices. These relate to a newly introduced business model at T-Mobile US under which customers no longer purchase the device but lease it. Exchange rate effects, primarily from the translation of U.S. dollars into euros, increased the carrying amount by EUR 0.8 billion. It was reduced by depreciation of EUR 5.2 billion and disposals of EUR 0.3 billion, as well as the reclassification of assets worth EUR 0.2 billion to non-current assets and disposal groups held for sale. INVESTMENTS ACCOUNTED FOR USING THE EQUITY METHOD The carrying amount of investments accounted for using the equity method decreased by EUR 0.2 billion compared with December 31, 2014 to EUR 0.4 billion, mainly in connection with the shares held in Scout24 AG. A dividend payment received in the second quarter of 2015 reduced the carrying amount of the investment by EUR 0.1 billion. The reclassification as of September 30, 2015 of the shares sold in connection with the IPO of Scout24 AG in October 2015 to non-current assets and disposal groups held for sale, also reduced the carrying amount by EUR 0.1 billion. FINANCIAL LIABILITIES Financial liabilities increased by EUR 1.9 billion to a total of EUR 57.1 billion compared with the end of 2014. The following table shows the composition and maturity structure of financial liabilities as of September 30, 2015: millions of € Sept. 30, 2015 Due within 1 year Due >1 ≤ 5 years Due > 5 years Bonds and other securitized liabilities 45,136 7,717 12,936 24,483 Liabilities to banks 4,076 1,598 1,096 1,382 Finance lease liabilities 1,778 259 775 744 Liabilities to non-banks from promissory notes 926 412 239 275 Other interest-bearing liabilities 2,776 2,166 443 167 Other non-interest-bearing liabilities 1,581 1,488 91 2 Derivative financial liabilities 814 45 377 392 FINANCIAL LIABILITIES 57,087 13,685 15,957 27,445 Bonds and other securitized liabilities 45,1367,71712,93624,483 Liabilities to banks 4,0761,5981,0961,382 Finance lease liabilities 1,778259775744 Liabilities to non-banks from promissory notes 926412239275 Other interest-bearing liabilities 2,7762,166443167 Other non-interest-bearing liabilities 1,5811,488912 Derivative financial liabilities 81445377392 FINANCIAL LIABILITIES 57,08713,68515,95727,445

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