Mn Sales Tax Fact Sheet No. 125 by fzq16873

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									12:50 PM    4/14/2011




                          Telekom Austria Group
                   Financial and Operational Key Figures

 Content:                                                                                       Sheet no.
 Total Managed Results                                                                               2

 P&L                                                                                                 3

 Wireline                                                                                            4

 Wireless                                                                                            5

 Reconciliation from (total managed) EBITDA to consolidated cash flow                                6

 Reconciliation from total managed to U.S. GAAP consolidated statement of operations                 7


 For comparison reasons financial figures contained in these tables follow the reporting
 structure of Telekom Austria which was established at the beginning of 2003. The new
 reporting structure has not been subject to audit yet. For 2002 audited figures please refer
 to the annual report.


 Rounding differences could lead to minor deviations from published figures.
Total Managed Results
EUR million                                                      1Q 2002        2Q 2002       3Q 2002        4Q 2002           2002          1Q 2003          2Q 2003         3Q 2003          annual growth

Operating Revenues
    Wireline                                                           565.9         541.8         555.7          596.6           2,260.0           555.7           528.3           547.8              -1.4%
    Wireless                                                           452.2         454.7         509.8          492.6           1,909.3           474.7           498.5           537.1               5.4%
    Intersegmental eliminations & other                                 -55.6         -61.2         -63.5          -80.8           -261.1            -63.9           -61.4           -65.5             -3.1%
    Total                                                              962.5         935.3       1,002.0        1,008.4          3,908.2            966.5           965.4         1,019.4               1.7%

EUR million
Adjusted EBITDA*
    Wireline                                                           211.9         207.9         208.3          179.4            807.5            215.5           195.6           214.7               3.1%
    Wireless                                                           187.9         161.2         202.9           97.5            649.5            189.8           177.4           208.0               2.5%
    Intersegmental eliminations & other                                  0.0           -0.3          -0.1           7.8              7.4              0.6             0.7             0.4                   -
    Total adjusted                                                     399.8         368.8         411.1          284.7          1,464.4            405.9           373.7           423.1               2.9%

EUR million
Operating Income
    Wireline                                                              5.1          -3.6          8.1          -124.9           -115.3            10.2            -16.1           21.9            170.4%
    Wireless                                                           121.9          94.0         128.9            35.9            380.7           110.9             97.7          129.0              0.1%
    Intersegmental eliminations & other                                  -0.1          -0.1          0.0             7.9              7.7             0.8              0.7            0.5                  -
    Total                                                              126.9          90.3         137.0           -81.1           273.1            121.9            82.3           151.4             10.5%

EUR million
CAPEX**
   Wireline                                                             40.5          63.3          71.5          165.4            340.7             49.8            68.6            69.0              -3.4%
   Wireless                                                             40.5          88.6          66.5          126.1            321.7             30.5            61.1            60.4              -9.2%
   Total                                                                81.0         151.9         138.0          291.5            662.4             80.3           129.7           129.4              -6.2%




EUR million
Adjusted wireline EBITDA                                               211.9         207.9         208.3          179.4            807.5            215.5           195.6           214.7               3.1%
Idle workforce costs                                                     9.7            9.2           3.0            7.5             29.4              4.8             5.7             6.8
Net loss of retirement of long-lived assets                              4.0            0.8           0.7            2.2              7.7              0.6             6.9             9.8
Voluntary retirement provision                                           0.9          -25.1         -11.6          -21.5            -57.3             -1.3            -0.9            -2.7
Adjusted wireline EBITDA excl certain items                            226.5         192.8         200.4          167.6            787.3            219.6           207.3           228.6             14.1%

Adjusted wireless EBITDA                                               187.9         161.2         202.9           97.5            649.5            189.8           177.4           208.0               2.5%
Net loss of retirement of long-lived assets                              0.4           1.9           1.6            7.5             11.4              2.5             0.6             0.2
Adjusted wireless EBITDA excl certain items                            188.3         163.1         204.5          105.0            660.9            192.3           178.0           208.2               1.8%

Adjusted Group EBITDA                                                  399.8         368.8         411.1          284.7           1,464.4           405.9           373.7           423.1               2.9%
Idle workforce costs                                                     9.7            9.2           3.0            7.5             29.4              4.8             5.7             6.8
Net loss of retirement of long-lived assets                              4.4            2.7           2.3           11.6             21.0              3.1             7.5           10.0
Voluntary retirement provision                                           0.9          -25.1         -11.6          -21.5            -57.3             -1.3            -0.9            -2.7
Adjusted Group EBITDA excl certain items                               414.8         355.6         404.8          282.3          1,457.5            412.5           386.0           437.2               8.0%

EUR million
Cash flows***
Cash generated from operations                                          187.7         344.0         232.0          407.8          1,171.5           135.8            389.0           270.2            16.5%
Cash from (used in) investing activities                                -36.6        -729.0        -138.9         -271.5         -1,176.0           -87.7           -190.2          -109.4            21.2%
Cash from (used in) financing activities                               -160.4         411.1         -82.0         -166.9              1.8           -39.0           -202.1            95.1                 -
Effect of exchange rate changes                                           0.0           0.0           1.3            2.4              3.7             5.5             -3.0             0.4
Net increase (decrease) in cash and cash equivalents                     -9.3          26.1          12.4          -28.2              1.0            14.6             -6.3          256.3          1966.9%

*Adjusted EBITDA is defined as net income excluding interest, taxes, depreciation, amortization, impairment charges, dividend income, equity in earnings of affiliates, other non-operating income/expense,
minority interests and the cumulative effect of changes in accounting principles. This equals to operating income plus depreciation, amortization and impairment charges.
**Capex is shown including the impact of one-time non-cash additions to account for asset retirement obligation following the introduction of SFAS No. 143
amounting to EUR 7.7 million in 1-9M 2003.
*** Cash flows are based on consolidated results which do not include the wireless business segments during 1Q and 2Q 2002.
Profit & Loss Statement*
EUR million                                              1Q 2002 2Q 2002 3Q 2002 4Q 2002                   2002           1Q 2003          2Q 2003         3Q 2003    annual growth



Operating revenues                                            962.5       935.3     1,002.0     1,008.4     3,908.2            966.5            965.4       1,019.4          1.7%

Operating expenses
    Materials                                                 -64.2       -61.9       -74.0       -93.9      -294.0            -60.4            -68.2         -69.8          5.7%
    Employee costs, including benefits and taxes             -185.0      -157.4      -161.9      -173.7      -678.0           -176.3           -171.7        -157.9          2.5%
    Depreciation and amortization                            -272.9      -278.5      -274.0      -323.9    -1,149.3           -279.6           -291.4        -271.1          1.1%
    Impairment charges                                          0.0         0.0         0.0       -41.9       -41.9             -4.4              0.0          -0.6              -
    Other operating expenses                                 -313.5      -347.2      -355.1      -456.1    -1,471.9           -323.9           -351.8        -368.6         -3.8%
        OPERATING INCOME                                      126.9        90.3       137.0       -81.1       273.1            121.9             82.3         151.4         10.4%

Other income (expense)
    Interest income                                            25.2        23.5        24.0        20.6        93.3             20.3             18.9          19.5      -19.1%
    Interest expense                                          -67.2       -65.0       -70.3       -63.1      -265.6            -62.3            -57.4         -59.0       16.1%
    Dividend income                                             0.0         0.0         0.0         0.0         0.0              0.1              0.0           0.2            -
    Equity in earnings of affiliates                           -0.5         0.7         1.0        -3.5        -2.3             -0.3              1.0          18.2     1720.0%
    Other, net                                                 -1.0         1.3         2.9        -2.5         0.7             -4.0              5.0           2.5      -13.8%
        INCOME BEFORE INCOME TAXES, MINORITY
        INTERESTS AND CUMULATIVE EFFECT OF
        CHANGES IN ACCOUNTING PRINCIPLE                        83.4        50.7        94.6      -129.5        99.2             75.7                49.8      132.8         40.1%

Income tax expense (benefit)                                  -16.5       -10.8       -29.8        28.3        -28.8           -25.5            -19.1         -48.6       -64.2%
Minority interests                                            -29.4       -23.0        -7.2         2.0        -57.6            -0.8             -2.5          -0.1        98.7%
        INCOME BEFORE CUMULATIVE EFFECT OF
        CHANGES IN ACCOUNTING PRINCIPLE                        37.5        16.9        57.6       -99.2        12.8             49.4                28.2       84.1         46.0%

Cumulative effect of changes in accounting principle            0.0         0.0         0.0         0.0         0.0             -6.3                 0.0        0.0              -
       NET INCOME                                              37.5        16.9        57.6       -99.2        12.8             43.1                28.2       84.1         46.0%

Earnings per Share                                             0.07        0.03        0.11       -0.18        0.03             0.08                0.06       0.17         46.0%

EUR million                                              1Q 2002 2Q 2002 3Q 2002 4Q 2002                   2002           1Q 2003          2Q 2003         3Q 2003
Net debt (end of period)                                    2,954.8     3,433.2     3,338.1     3,204.2     3,204.2          3,162.1          2,970.4       2,801.8       -16.1%

* For comparison reasons 1Q and 2Q 2002 is shown on a total managed basis. I.e. including 100% of the wireless business segment which was
included in the consolidated results starting from 3Q 2002. For reconciliation of total managed to U.S. GAAP consolidated statement of operations
see sheet 'Reconciliation'
Wireline Segment
EUR million                                                        1Q 2002         2Q 2002      3Q 2002        4Q 2002          2002          1Q 2003         2Q 2003      3Q 2003      annual growth

Operating Revenues                                                        565.9        541.8          555.7         596.6          2,260.0          555.7         528.3        547.8         -1.4%
Adjusted EBITDA                                                           211.9        207.9          208.3         179.4            807.5          215.5         195.6        214.7          3.1%
Operating Income                                                            5.1         -3.6            8.1        -124.9           -115.3           10.2         -16.1         21.9        170.4%

EUR million
Wireline operating revenues*
    Switched voice base traffic                                           132.5        119.9          120.3         123.2            495.9          121.2         111.9        109.4          -9.1%
    Switched voice monthly rental & others                                137.5        131.7          145.9         147.1            562.2          137.9         139.3        140.4          -3.8%
    Payphones and VAS                                                      17.2         22.0           22.9          19.5             81.6           18.2          17.6         19.2         -16.2%
    Data and IT- solutions                                                 82.1         82.2           82.1          94.2            340.6           87.4          75.2         86.6           5.5%
    Internet access & media                                                46.8         46.0           47.5          53.4            193.7           48.4          47.8         49.6           4.4%
    Wholesale voice & Internet                                             83.5         74.3           71.1          76.6            305.5           80.5          71.9         74.8           5.2%
    Wholesale data                                                         22.3         25.1           22.9          27.1             97.4           25.2          27.2         25.5          11.4%
    Other                                                                  44.0         40.6           43.0          55.5            183.1           36.9          37.4         42.3          -1.6%
    Total wireline operating revenues                                     565.9        541.8          555.7         596.6          2,260.0          555.7         528.3        547.8          -1.4%

Market Shares (Minutes)
    National                                                              51.2%        51.7%          52.7%         53.2%            53.2%          54.0%         53.8%        53.7%
    Fixed-to-mobile                                                       49.7%        51.2%          51.9%         52.2%            52.2%          52.5%         52.6%        52.3%
    International                                                         45.0%        46.5%          47.6%         47.3%            47.3%          47.6%         47.2%        48.2%
    Total traffic voice                                                  50.4%        51.2%          52.1%         52.6%            52.6%          52.8%         53.0%        53.0%
    Total traffic voice (incl. Internet dial up)                         55.1%        55.3%          55.6%         55.3%            55.3%          55.2%         55.2%        55.4%

in million
Minutes
    National                                                              1,178        1,111          1,120         1,198           4,607           1,194         1,086        1,066          -4.8%
    Fixed-to-mobile                                                         197          203            213           213             826             210           215          213           0.0%
    International                                                           123          109            117           122             471             120           118          119           1.7%
    Total voice minutes                                                   1,498        1,423          1,450         1,533           5,904           1,524         1,419        1,398          -3.6%
    Internet dial up                                                      1,152        1,016          1,004         1,134           4,306           1,123           975          892         -11.2%
    Total wireline minutes                                                2,650        2,439          2,454         2,667          10,210           2,647         2,394        2,290          -6.7%
in EUR
Average Tariffs
    National                                                             0.052        0.048          0.047         0.045            0.048            0.044        0.043        0.043          -8.5%
    Fixed-to-mobile                                                      0.204        0.193          0.189         0.182            0.189            0.184        0.185        0.185          -2.1%
    International                                                        0.219        0.221          0.215         0.203            0.213            0.205        0.200        0.199          -7.4%
    Average Voice                                                        0.086        0.082          0.081         0.077            0.081           0.076         0.078        0.079          -2.5%
    Internet dial up                                                     0.015        0.016          0.016         0.016            0.016           0.016         0.016        0.017           6.3%

000's
Access Lines
    PSTN                                                                 2,723.9      2,704.1        2,684.6       2,659.1          2,659.1        2,630.5       2,608.7      2,583.1         -3.8%
    ISDN basic                                                             412.7        419.5          424.8         430.1            430.1          438.2         442.3        443.0          4.3%
    ISDN multi                                                               8.2          8.2            8.1           8.1              8.1            8.1           8.0          8.0         -1.5%
    Total                                                               3,144.8      3,131.8        3,117.6       3,097.3          3,097.3        3,076.8       3,059.0      3,034.1          -2.7%
000's
Channels                                                                3,795.3      3,789.1        3,778.4       3,762.3          3,762.3        3,749.9       3,733.3      3,709.6          -1.8%
000's
ADSL Lines
   Retail                                                                 101.7        113.8          126.1         143.1            143.1          161.2         174.3        186.9          48.2%
   Wholsale                                                                18.2         22.2           25.5          31.0             31.0           36.9          40.6         45.6          78.9%
   Total                                                                  119.9        136.0          151.6         174.1            174.1          198.1         214.9        232.5          53.3%
000's
Internet Customers
    Austria                                                               724.8         767.2          803.4         846.5           846.5           920.4        948.8        960.2          19.5%
    Czech Republic                                                        254.0         252.3          262.0         275.3           275.3           280.8        273.5        274.0           4.5%

* This breakdown has been set up at the beginning of the year 2003 following the integration of the former fixed line, data and internet business segments.
Changes may be possible in connection with the preparation of quarterly results.
Wireless Segment
EUR million                    1Q 2002      2Q 2002      3Q 2002      4Q 2002      2002       1Q 2003      2Q 2003      3Q 2003      annual growth

Operating Revenues
    mobilkom austria               379.0       365.8        394.2        399.3      1,538.3      391.4        401.9        410.5         4.1%
    VIPnet                          58.8        72.7         99.6         72.5        303.6       65.3         80.1        110.5        11.0%
    Si.mobil                        16.3        19.0         21.8         22.1         79.2       19.0         20.2         21.8         0.1%
    mobilkom [liechtenstein]          0.6         0.9          1.3          2.1         4.9         2.4          2.2          3.0      123.5%
    Intersegmental                   -2.5        -3.7         -7.1         -3.4       -16.7        -3.4         -5.9         -8.8
    Total                          452.2       454.7        509.8        492.6     1,909.3       474.7        498.5        537.1           5.4%

EUR million
Adjusted EBITDA
    mobilkom austria               167.1       131.8        148.5          88.0     535.4        158.4        142.3        150.1          1.0%
    VIPnet                          22.4        29.3         51.4          10.6     113.7         27.9         32.5         53.5          4.2%
    Si.mobil                         -1.2         0.5          3.2          -0.7       1.8          3.8          3.0          4.4        38.1%
    mobilkom [liechtenstein]         -0.1         0.0          0.1           0.0       0.0          0.2          0.1          0.3
    Intersegmental                   -0.3        -0.4         -0.2          -0.5      -1.4         -0.5         -0.5         -0.3
    Total Adjusted                 187.9       161.2        202.9          97.5     649.5        189.8        177.4        208.0           2.5%

EUR million
Operating Income
    mobilkom austria               116.8         81.6        93.8          47.1     339.3         99.9          83.6        94.8           1.1%
    VIPnet                            9.9        15.6        35.8           -5.6      55.7        11.8          15.6        34.1          -4.8%
    Si.mobil                         -4.3         -2.7        -0.4          -5.0     -12.4         -0.3          -1.1         0.2
    mobilkom [liechtenstein]         -0.2         -0.1        -0.1          -0.2      -0.6          0.1          -0.1         0.2
    Intersegmental                   -0.3         -0.4        -0.2          -0.3      -1.2         -0.5          -0.4        -0.4
    Total                          121.9         94.0       128.9          36.0     380.8        111.0          97.6       129.0           0.1%

EUR million
CAPEX
   mobilkom austria                 30.6         58.8         46.2        70.4      206.0          20.1         34.4         49.0         6.0%
   VIPnet                            7.2         22.4         13.6        29.0       72.2           8.7         25.7          8.9       -34.7%
   Si.mobil                          2.7          7.2          6.7        26.4       43.0           1.7          0.8          2.3       -65.8%
   mobilkom [liechtenstein]          0.0          0.2          0.1         0.2        0.5           0.0          0.1          0.0
   Total                            40.5         88.6         66.5       126.1      321.7          30.5         61.1         60.4         -9.2%

000's
Subscribers
    mobilkom austria              2,841.5      2,893.8      2,936.6      3,001.4    3,001.4      3,027.2      3,066.3      3,096.5        5.4%
    VIPnet                          910.6        956.9      1,015.8      1,097.9    1,097.9      1,117.1      1,147.9      1,176.1       15.8%
    Si.mobil                        291.3        300.1        309.4        350.0      350.0        351.5        350.1        354.3       14.5%
    mobilkom [liechtenstein]          1.5          1.7          1.8          2.0        2.0          2.1          2.2          2.3       24.9%
    Total                        4,044.9      4,152.5      4,263.6      4,451.3    4,451.3      4,497.9      4,566.4      4,629.2         8.6%
mobilkom austria

                                    1Q 2002      2Q 2002      3Q 2002      4Q 2002      2002       1Q 2003     2Q 2003     3Q 2003     annual growth

Market Share (Subs)                    42.6%        42.8%        42.9%        44.4%      44.4%        44.1%       43.5%       43.9%
Penetration in Austria                 81.9%        83.1%        84.1%        83.1%      83.1%        84.2%       86.6%       86.6%

000's
Subscribers
    Contract                           1,445.0      1,480.4      1,528.4      1,574.9    1,574.9     1,592.6     1,629.6     1,648.6         7.9%
    Prepaid                            1,396.5      1,413.4      1,408.2      1,426.5    1,426.5     1,434.6     1,436.7     1,447.9         2.8%
    Total                             2,841.5      2,893.8      2,936.6      3,001.4    3,001.4     3,027.2     3,066.3     3,096.5          5.4%

EUR
Monthly ARPU
   Contract                              58.4         60.8         60.9         59.0       59.8         57.3        61.1        60.6        -0.5%
   Prepaid                                9.9          9.9         10.5         10.7       10.3         10.8        11.0        11.3         7.6%
   Average                               34.4         36.0         36.5         36.2       35.8         35.2        37.5        37.5         2.7%

Minutes of Use
    MOU charged/ø subs                  113.2        117.5        120.5        123.3      118.7        119.0       122.2       123.4         2.4%


Churn Rates
    GSM Churn Rate                      3.9%         4.1%         3.8%         5.1%      17.0%         4.0%        3.7%        4.0%
      Contract-GSM Churn Rate           2.9%         2.5%         1.9%         2.8%      10.2%         2.9%        2.1%        2.5%
      Prepaid-GSM Churn Rate            4.9%         5.8%         5.8%         7.6%      24.2%         5.2%        5.5%        5.8%

EUR million
SAC total (EUR m)                        13.1         15.5         14.8         22.2       65.6         15.6        18.5        13.9       -6.1%
SRC total (EUR m)                         5.1         12.6         11.9         19.1       48.7         11.0        15.0        13.4       12.6%


Mobile Data
    Data in % of airtime revenues      10.6%         9.3%         9.6%        11.3%      10.2%        12.1%       10.8%       10.4%
    Number of SMS (mn)                  129.0        117.8        126.0        147.1      519.9        148.9       135.1       139.2
VIPnet

                                1Q 2002    2Q 2002    3Q 2002     4Q 2002     2002      1Q 2003     2Q 2003    3Q 2003    annual growth

Market Share (Subs)                47.6%      48.1%      47.1%       48.2%     48.2%       50.3%       49.2%      50.1%
Penetration (Croatia)              42.3%      45.3%      49.1%       51.9%     51.9%       50.5%       53.1%      53.4%

000's
Vip Net's Subscribers (000's)
    Contract                       129.3      138.7       151.8       176.0     176.0       178.8      182.1      186.0       22.5%
    Prepaid                        781.3      818.2       864.0       921.8     921.8       938.3      965.8      990.1       14.6%
    Total                          910.6      956.9     1,015.8     1,097.8   1,097.8     1,117.1     1147.9     1176.1       15.8%

EUR
Monthly ARPU
   Contract                         49.4       52.6        52.5        49.9      51.1        44.9       48.9       50.8        -3.2%
   Prepaid                          14.2       14.8        15.8        13.7      14.6        12.4       13.5       15.7        -0.6%
   Average                          19.1       20.2        21.2        19.3      20.0        17.6       19.2       21.3         0.5%


Si.mobil

Market Share (Subs)                21.6%      21.7%      21.9%       23.4%     23.4%       23.1%       23.1%      23.4%
Penetration (Slovenia)             67.6%      69.4%      70.8%       74.7%     74.7%       75.7%       75.4%      75.5%

000's
Subscribers
    Contract                       114.4      126.3      135.0       154.5     154.5       161.2       161.0      158.6       17.5%
    Prepaid                        176.9      173.8      174.4       195.5     195.5       190.3       189.1      195.7       12.2%
    Total                          291.3      300.1      309.4       350.0     350.0       351.5       350.1      354.3       14.5%

EUR
Monthly ARPU
   Contract                         28.3       28.7        29.2        28.1      28.6        25.6       26.1       28.3       -3.1%
   Prepaid                           5.8        6.8         6.6         5.9       6.3         5.1        5.7        5.8      -12.1%
   Average                          14.2       15.7        16.2        15.7      15.5        14.3       15.1       16.0       -1.2%

mobilkom [liechtenstein]

000's
Subscribers                          1.5        1.7         1.8         2.0       2.0         2.1        2.2        2.3       24.9%
Reconciliation from (total managed) EBITDA to consolidated cash flow
EUR million                                                          1Q 2002         2Q 2002     3Q 2002     4Q 2002    2002       1Q 2003     2Q 2003     3Q 2003

Adjusted EBITDA (total managed for 2002)                                     399.8       368.8       411.1      284.7    1,464.4       405.8       373.8       423.1
    Wireless adjusted EBITDA 3Q 2002                                        -187.9      -161.2         0.0        0.0     -349.1         0.0         0.0         0.0
    Impairment charges for 2003                                                0.0         0.0         0.0      -41.9      -41.9        -4.4         0.0        -0.6
    Intersegmental eliminations for 2002                                       0.0         0.3         0.0        0.0        0.3         0.0         0.0         0.0
Adjusted EBITDA consolidated (including impairment charges)                  211.9       207.9       411.1      242.7    1,073.6       401.4       373.8       422.5
    Impairment charges                                                         0.0         0.0         0.0       41.9       41.9         4.4         0.0         0.6
    Other income net                                                           0.6         0.8         3.0       -2.5        1.9        -4.0         5.0         2.6
    Net interest                                                             -34.5       -33.1       -46.2      -42.6     -156.4       -42.0       -38.5       -39.5
    Income from investments                                                   82.8        60.6         1.0       -3.4      141.0        -0.2         1.0        18.4
    Income taxes                                                             -16.7        -7.9       -29.7       28.1      -26.2       -25.4       -19.2       -48.7
    Effect of change in accounting principles                                  0.0         0.0         0.0        0.0        0.0        -6.3         0.0         0.0
    Minority interest                                                          0.1         0.2        -7.5        2.2       -5.0        -0.8        -2.6         0.0
    Employee benefit obligation - non cash                                     1.3       -27.9       -14.8       -8.4      -49.8         1.5         0.3       -11.2
    Allowance for doubtful accounts                                            1.1        11.8        13.4       12.9       39.2         7.4         7.7         3.5
    change in deferred taxes                                                  15.7         7.3        30.6      -20.0       33.6        20.4        12.3        33.6
    Dividends from affiliates, greater than (less than) equity in income     -82.8        31.9        -1.7        6.8      -45.8         1.4        -0.9         0.1
    Asset retirement obligation - accretion expenses                           0.0         0.0         0.0        0.0        0.0         0.2         0.3         0.3
    Gain on settlement of ARO                                                  0.0         0.0         0.0        0.0        0.0         0.0         0.0         0.0
    Cash from settlement of ARO                                                0.0         0.0         0.0        0.0        0.0         0.0         0.0        -0.5
    Cumulative effect of changes in accounting principle                       0.0         0.0         0.0        0.0        0.0         6.3         0.0         0.0
    Loss on sales of investments and disposal of equipment                     3.1         0.9         4.7        8.8       17.5         3.1         7.5        -7.9
    Changes in assets and liabilities, net of effect of business acquired      5.1        91.5      -131.9      141.3      106.0      -231.6        42.3      -103.6
Cash generated from operations on consolidated basis                         187.7       344.0       232.0      407.8    1,171.5       135.8       389.0       270.2
RECONCILIATION OF TOTAL MANAGED TO U.S. GAAP CONSOLIDATED STATEMENTS OF OPERATIONS
                                                                                (in EUR millions)




                                                                                                           Elimination of the                        U.S. GAAP
                                                                                  Total managed                results of                           Consolidated
                                                                                      results              mobilkom austria          Eliminations *    results
                                                                                     1Q 2002                    1Q 2002                               1Q 2002

Total managed operating revenues                                                                962.5                      -452.2                  55.6               565.9

Total managed operating expenses
   Materials                                                                                    -64.2                        52.2                 -2.7                 -14.7
   Employee costs, including benefits and taxes                                                -185.0                        37.1                  0.0                -147.9
   Depreciation and amortization incl. impairment charges                                      -272.9                        66.0                  0.1                -206.8
   Other operating expenses                                                                    -313.5                       175.0                -52.9                -191.4
       TOTAL MANAGED OPERATING INCOME                                                           126.9                      -121.9                  0.1                   5.1

Total managed other income (expense)
   Interest income                                                                               25.2                         -5.1                  2.5                 22.6
   Interest expense                                                                             -67.2                         12.6                 -2.5                -57.1
   Dividend income                                                                                0.0                          0.0                  0.0                  0.0
   Equity in earnings of affiliates                                                              -0.5                          0.3                 83.0                 82.8
   Other, net                                                                                    -1.0                          1.7                  0.0                  0.7
       INCOME BEFORE INCOME TAXES AND
         MINORITY INTERESTS                                                                         83.4                   -112.4                  83.1                54.1

Income tax expense                                                                              -16.5                         -0.2                  0.0                -16.7
Minority interests                                                                              -29.4                          1.8                 27.7                  0.1
       INCOME BEFORE CUMULATIVE EFFECT
       OF CHANGES IN ACCOUNTING
       PRINCIPLE                                                                                    37.5                   -110.8                110.8                 37.5

Cumulative effect of change in accounting principle, net of tax                                      0.0                      0.0                  0.0                  0.0
     NET INCOME                                                                                     37.5                   -110.8                110.8                 37.5

* Eliminations required to consolidate mobilkom austria and recognize equity in earnings of mobilkom austria for the period from January 1, 2002 to March 31, 2002.
RECONCILIATION OF TOTAL MANAGED TO U.S. GAAP CONSOLIDATED STATEMENTS OF OPERATIONS
                                                                               (in EUR millions)




                                                                                                           Elimination of the                           U.S. GAAP
                                                                                   Total managed               results of                              Consolidated
                                                                                       results             mobilkom austria             Eliminations *    results
                                                                                      2Q 2002                   2Q 2002                                  2Q 2002

Total managed operating revenues                                                                  935.3                      -454.8                  61.1          541.6

Total managed operating expenses
   Materials                                                                                      -61.9                        51.4                  -3.4           -13.9
   Employee costs, including benefits and taxes                                                  -157.5                        40.3                   0.0          -117.2
   Depreciation and amortization incl. impairment charges                                        -278.5                        67.2                  -0.2          -211.5
   Other operating expenses                                                                      -347.2                       201.8                 -57.4          -202.8
       TOTAL MANAGED OPERATING INCOME                                                              90.2                       -94.1                   0.1            -3.8

Total managed other income (expense)
   Interest income                                                                                 23.5                         -5.8                  3.3            21.0
   Interest expense                                                                               -65.0                         14.1                 -3.3           -54.2
   Dividend income                                                                                  0.0                          0.0                  0.0             0.0
   Equity in earnings of affiliates                                                                 0.7                          0.3                 59.6            60.6
   Other, net                                                                                       1.3                         -0.6                  0.1             0.8
       INCOME BEFORE INCOME TAXES AND                                                              50.7                        -86.1                 59.8            24.4
         MINORITY INTERESTS

Income tax expense                                                                                -10.8                           2.9                 0.0            -7.9
Minority interests                                                                                -23.0                           3.2                19.9             0.1
       INCOME BEFORE CUMULATIVE EFFECT
       OF CHANGES IN ACCOUNTING
       PRINCIPLE                                                                                   16.9                        -80.0                 79.7           16.6

Cumulative effect of change in accounting principle, net of tax
     NET INCOME                                                                                    16.9                        -80.0                 79.7           16.6

* Eliminations required to consolidate mobilkom austria and recognize equity in earnings of mobilkom austria for the period from April 1, 2002 to June 30, 2002.
RECONCILIATION OF TOTAL MANAGED TO U.S. GAAP CONSOLIDATED STATEMENTS OF OPERATIONS
                                                            (in EUR millions)

                                                                                          Elimination of the Eliminations*                 U.S. GAAP
                                                                 Total managed           results of mobilkom                              Consolidated
                                                                     results                 austria prior                                  results
                                                                      2002                  to July 1, 2002                                  2002

Total managed operating revenues                                            3,908.2                      -906.9                  116.8            3,118.1

Total managed operating expenses
   Materials                                                                 -294.0                       103.7                   -6.1             -196.4
   Employee costs, including benefits and taxes                              -648.6                        77.3                    0.0             -571.3
   Idle workforce Costs                                                       -29.4                         0.0                    0.0              -29.4
   Depreciation and amortization incl. impairment charges                  -1,191.2                       133.2                   -0.2           -1,058.2
   Net loss from retirement of long-lived assets                              -21.0                         2.3                    0.0              -18.7
   Other operating expenses                                                -1,450.9                       374.5                 -110.3           -1,186.7
       TOTAL MANAGED OPERATING INCOME (LOSS)                                  273.1                      -215.9                    0.2               57.4

Total managed other income (expense)
   Interest income                                                             93.3                       -10.9                    5.8                88.2
   Interest expense                                                          -265.6                        26.8                   -5.8              -244.6
   Dividend income                                                             -2.3                         0.6                    2.1                 0.4
   Equity in earnings of affiliates                                             0.0                         0.0                  140.5               140.5
   Other, net                                                                   0.7                         1.1                    0.1                 1.9
       INCOME (LOSS) BEFORE INCOME TAXES AND                                   99.2                      -198.3                  142.9                43.8
         MINOTITY INTERESTS


Income tax expense (benefit)                                                    -28.8                       2.7                    0.0               -26.1
Minority interests                                                              -57.6                       5.1                   47.6                -4.9
       NET INCOME (LOSS)                                                         12.8                    -190.5                  190.5                12.8


                                                                  Consolidation of
                                                                    statement of
                                                               operations for Telekom
                                                                 Austria Group and
                                                                  mobilkom austria
                                                               group prior to June 30,                                 Consolidation of    Eliminations in
                                                                        2002               Intercompany profit          investments             2002
   1) Revenues                                                                116.3                              0.5                                 116.8
   2) Other operating expenses                                               -110.3                                                                 -110.3
3) Equity in earnings and dividend income   -0.2   142.9   142.7

								
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