T-Mobile: Development of operations
Third quarter of 2004 Q1 2004 millions of € Total revenuea of which: T-Mobile Deutschland of which: T-Mobile USA of which: T-Mobile UK of which: T-Mobile Austria of which: T-Mobile CZ of which: T-Mobile Netherlands Results from ordinary business activities Financial expense, net Depreciation and amortization Other taxes EBITDAb Special factors affecting EBITDAb Adjusted EBITDAb Adjusted EBITDA marginb (%) Investments in property, plant and equipment and intangible assets (excluding goodwill) Number of employees
c
First three quarters of 2004 Change % Q1 – Q3 2004 millions of € 18,660 6,520 6,867 3,347 668 603 787 3,289 (533) (3,786) (77) 7,685 1,916d,e 5,769 30.9 Q1 – Q3 2003 millions of € 16,787 6,297 5,423 3,186 809 564 626 637 (781) (3,857) (75) 5,350 345f 5,005 29.8 Change % 2003 millions of € 11.2 3.5 26.6 5.1 (17.4) 6.9 25.7 n.a. 31.8 1.8 (2.7) 43.6 n.a. 15.3 22,778 8,479 7,416 4,303 1,098 768 861 831 (895) (5,196) (94) 7,016 345f 6,671 29.3
Q2 2004 millions of € 6.237 2,161 2,320 1,108 210 204 267 1,846 (65) (1,270) (29) 3,210 1,280d 1,930 30.9
Q3 2004 millions of € 6,479 2,238 2,477 1,106 222 213 270 1,287 (203) (1,282) (26) 2,798 636e 2,162 33.4
Q3 2003 millions of € 5,920 2,208 1,974 1,090 277 195 225 239 (189) (1,298) (22) 1,748 0 1,748 29.5
5,944 2,121 2,070 1,133 236 186 250 156 (265) (1,234) (22) 1,677 0 1,677 28.2
9.4 1.4 25.5 1.5 (19.9) 9.2 20.0 n.a. (7.4) 1.2 (18.2) 60.1 n.a. 23.7
(452) 43,152
(644) 44,215
(471) 44,920
(658) 41,708
28.4 7.7
(1,567) 44,096
(1,648) 41,440
4.9 6.4
(3,012) 41,767
The T-Mobile division combines all the activities of T-Mobile International Holding GmbH: primarily T-Mobile Deutschland GmbH, T-Mobile (UK) Ltd., T-Mobile USA Inc., T-Mobile Czech Republic a.s., T-Mobile Austria GmbH, and T-Mobile Netherlands B.V., as well as minority shareholdings in Russia (MTS) and Poland (PTC). a These amounts relate to the companies' respective single-entity financial statements (adjusted for uniform group accounting policies and reporting currency) without taking into consideration consolidation effects at division level. b Deutsche Telekom defines EBITDA as the results from ordinary business activities excluding other taxes, net financial income/expense, amortization and depreciation. A detailed explanation of the special factors affecting EBITDA, adjusted EBITDA and the adjusted EBITDA margin can be found under "Reconciliation of pro forma figures," page 43 et seq. For detailed information and calculations of the figures for 2003, please refer to Deutsche Telekom's 2003 Annual Report, "Reconciliation of pro forma figures," page 96 et seq. c Average number of employees. d Write-up of FCC licenses (EUR 1,807 million), accruals for contingent losses attributable to the dissolution of the U.S. mobile communications joint venture (EUR 602 million), subsequent proceeds from sale of Virgin Mobile (EUR 75 million). e Write-up of FCC licenses (EUR 641 million), cost of Vivento for T-Mobile Deutschland (EUR 5 million). f Sale of MTS shares (EUR 352 million), and adjustment of the discount rate applied to pension accruals (EUR -7 million); for detailed information and calculation of the discount rate, please refer to Deutsche Telekom's 2003 Annual Report, "Reconciliation of pro forma figures," page 96 et seq.