Telekom Austria : Combined Annual Report PDF (4.03 MB)

Empowering digital life

Combined Annual Report 2020

Key figures of the A1 Telekom Austria Group	2020	2019	Change in %
Customer indicators (in '000)
RGUs 1)	6,050.3	6,147.7	-1.6
of which broadband RGUs	2,553.3	2,542.2	0.4
of which TV RGUs	1,677.3	1,676.9	0.0
Mobile communication customers	21,864.2	21,288.1	2.7
Key financial data (in EUR mn)
Total revenues	4,549.4	4,565.2	-0.3
EBITDA 2)	1,576.8	1,560.6	1.0
EBITDA margin (in %)	34.7	34.2	-
EBITDA before restructuring	1,661.3	1,644.7	1.0
EBITDA before restructuring margin (in %)	36.5	36.0	-
Operating income	638.9	614.8	3.9
Net result	388.8	327.4	18.7
Free cash flow 3)	503.7	343.7	46.5
Net cash flow from operating activities	1,481.1	1,458.0	1.6
Capital expenditures 4)	651.4	879.8	-26.0
Net debt (excl. leases)	2,331.9	2,612.4	-10.7
Equity	2,793.8	2,645.9	5.6
Equity ratio (in %)	34.0	31.2	-
Net debt (excl. leases) / EBITDA after leases	1.7×	1.9×	-
Net debt (incl. leases) / EBITDA	2.0×	2.3×	-
Net gearing ratio (incl. leases)	1.14	1.34	-
Return on invested capital - ROIC 5) (in %)	10.4	9.9	-
Operating ROIC 6)	10.1	10.4	-
Return on equity - ROE 7) (in %)	14.3	12.9	-
Key share figures (in EUR)
Earnings per share	0.58	0.49	18.8
Free cash flow per share	0.76	0.52	46.5
Market capitalization as of December 31 (in EUR bn)	4.2	4.8	-13.0
Share price as of December 31	6.33	7.28	-13.0
Share price high	7.79	7.54	-
Share price low	5.26	5.90	-
Dividend per dividend-bearing share	0.25 8)	0.23	8.7
Employee indicators
Full-time equivalent, as of December 31	17,949	18,344	-2.2
Share of female employees (in %)	40	39	-
Share of female managers (in %)	36	35	-
Environmental indicators
Total energy consumption (in MWh) 9)	876,598	855,346	2
Energy efficiency indicator (in MWh/terabyte) 9)	0.14	0.18	-22
Direct (scope 1) CO₂ emissions (in tons) 9) 10)	21,411	24,925	-14
Indirect (scope 2) CO₂ emissions market-based (in tons) 9) 11)	226,294	215,984	5
Share of renewable energy in electricity (in %) 9)	43	43	-
Recycling rate (in %)	69	62	-
Media literacy trainings
Free media literacy trainings	527	2,217	-76
Participation in free media literacy trainings	9,239	35,326	-74

1) "Revenue generating units" 2) EBITDA is defined as the net result excluding financial result, income tax, depreciation and amortization and, if applicable, impairment losses or reversal of impairments. 3) Please find calculation in the Group Management Report on page 91. 4) Excluding asset retirement obligations. 5) Total return on invested capital, calculated by net operating profit after income tax current period (NOPAT) divided by the average capital invested (excl. leasing liabilities). 6) Operational total return on invested capital, calculated by operating income divided by the average capital invested. Average invested capital including lease liabilities only since 2019 (IFRS 16) thereby impacting the 2018/2019 average invested capital. 2020 versus 2019 comparison therefore not meaningful. 7) Ratio of net result to the average equity employed; serves as an indicator which measures the yield on equity. 8)

Proposal to the Annual General Meeting, which will take place on May 14, 2021. 9) Due to improved data quality, the key figures "Total energy consumption", "Energy efficiency indicator", "Direct Scope 1 CO2 emissions", "Indirect Scope 2 CO2 emissions market based" and "Share of renewable energy in electricity" were adjusted for 2019. 10) Direct emissions from combustion of fossil fuels without cooling agents. CO2 in CO2 equivalents including biogenic emissions and excluding compensation. 11) Indirect emissions from electric energy and district heating. CO2 in CO2 equivalents excluding compensation.

A1 Telekom Austria Group

Mobile communication customers and RGUs by segment

in '000 / as of December 31, 2020

Austria

5,061.23,117.3

Bulgaria

3,752.81,081.0

Croatia

1,936.3671.9

Belarus

4,916.1627.4

Slovenia

707.1214.8

Serbia

2,350.4 n. a.

North

1,074.7

Macedonia337.9

MobileRGUs

Total energy consumption by sources

in MWh / in 2020

District heating 35,137

Fuels 3) 59,509

Heating fuels 2)

15,161

Electricity 1) 766,791

Total energy consumption 876,598

• 1) Purchased and in-house production as well as diesel for (emergency)generators.

• 2) Includes oil and gas.

• 3) Includes diesel, petrol, CNG, LPG and natural gas without diesel for (emergency)generators.

A1 Telekom Austria Group Overview

As a leading telecommunications provider in the CEE region, the A1 Telekom Austria Group provides its approximately 25 million customers in its seven core markets with products and services in areas including voice telephony, broadband Internet, mobile and home entertainment as well as smart home, data and IT solutions, wholesale, payment solutions and digital services. In the Group's six convergent markets, customers also benefit from tailor-made product combinations comprising fixed-line and mobile services. The group company A1 Digital advises companies in the core markets of

A1 Telekom Austria Group as well as in Germany and Switzerland in questions of digital transformation with a focus on industry-specific applications in the field of Internet of Things (IoT), cloud-based products for the modern workplace as well as security solutions.

Mobile communication subscribers (in '000) Market share mobile (in %)

Mobile market position RGUs (in '000)

Market share fixed-line broadband (in %) Convergent since