None of the Company, its subsidiaries or affiliates or by any of its officers, directors, employees, advisors, representatives or agents shall be liable whatsoever for any loss however arising, directly or indirectly, from any use of this document its content or otherwise arising in connection with this document.

This document or any of the information contained herein do not constitute, form part of or shall be construed as an offer or invitation to purchase, subscribe, sale or exchange, nor a request for an offer of purchase, subscription, sale or exchange of shares / securities of the Company, or any advice or recommendation with respect to such shares / securities. This document or a part of it shall not form the basis of or relied upon in connection with any contract or commitment whatsoever.

These written materials are especially not an offer of securities for sale or a solicitation of an offer to purchase securities in the United States, Canada, Australia, South Africa and Japan. Securities may not be offered or sold in the United States absent registration under the US Securities Act of 1933, as amended, or an exemption there from. No money, securities or other consideration from any person inside the United States is being solicited and, if sent in response to the information contained in these written materials, will not be accepted.

^[1] Adjusted for exceptional effects. In Q2 21, exceptional effects amounted to EUR -2m of restructuring costs. In Q2 20, exceptional effects were gains from the sale of assets EUR +4m and EUR -1m restructuring costs. ^[2] Non-recurrent special factors amounted to EUR +14m in Q2 21 and EUR -25m in Q2 20. ^[3] Excluding non-recurrent special factors. ^[4] Mobile service revenue includes base fees and fees paid by the company's customers for the usage of voice, SMS and mobile data services; it also includes access and interconnection fees as well as other charges levied on partners for the use of the company's network. ^[5] Includes other expenses and impairment losses in accordance with IFRS 9 in the amount of EUR 12m in Q2 21 and EUR 33m in H1 21 (compared to EUR 21m and EUR 40m in the respective periods of 2020). ^[6] Adjusted for exceptional effects. In Q2 21, exceptional effects amounted to EUR -2m of restructuring costs (EUR -17m in H1 21). In Q2 20, exceptional effects were gains from the sale of assets of EUR +4m and EUR -1m restructuring costs (EUR -5m losses from the sale of assets and EUR -0m restructuring costs in H1 20). ^[7] Non-recurrent special factors amounted to EUR +12m in Q2 21 and EUR -25m in Q2 20 ^[8] Excluding non-recurrent special factors and received social security payments. ^[9] Excluding additions from capitalised right-of-use assets. ^[10] Adjusted for exceptional effects. In Q2 21, exceptional effects amounted to EUR -2m of restructuring costs (EUR -17m in H1 21). In Q2 20, exceptional effects were gains from the sale of assets of EUR +4m and EUR -1m restructuring costs (EUR -5m losses from the sale of assets and EUR -0m restructuring costs in H1 20). ^[11] Free cash flow pre dividends and payments for spectrum (FCF) is defined as the sum of cash flow from operating activities and cash flow from investing activities and does not contain payments for investments in spectrum as well as related interest payments. ^[12] Net financial debt includes current and non-current interest-bearing financial assets and interest-bearing liabilities as well as cash and cash equivalents and excludes payables for spectrum. ^[13] Leverage ratio is defined as net financial debt divided by OIBDA of the last twelve months adjusted for exceptional effects. ^[14] Includes tailwinds from non-recurrent special factors in the amount of EUR -25m and EUR +14m in Q2 2020 and Q2 2021, respectively. ^[15] Includes tailwinds from non-recurrent special factors in the amount of EUR -25m and EUR +12m in Q2 2020 and Q2 2021, respectively; as well as received social security payments. -----------------------------------------------------------------------------------------------------------------------

2021-07-28 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de ----------------------------------------------------------------------------------------------------------------------- 


Language:     English 
Company:      Telefónica Deutschland Holding AG 
              Georg-Brauchle-Ring 50 
              80992 München 
              Germany 
Phone:        +49 (0)89 24 42 0 
Internet:     www.telefonica.de 
ISIN:         DE000A1J5RX9 
WKN:          A1J5RX 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 
              Hamburg, Munich, Stuttgart, Tradegate Exchange 
EQS News ID:  1222136 
MDAX TecDAX 
 
End of News   DGAP News Service 
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1222136 2021-07-28


 
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(END) Dow Jones Newswires

July 28, 2021 01:30 ET (05:30 GMT)