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2008: Key financial data

Selected financial data of the Deutsche Telekom Group.


Here you can find information about our mid and long-term Group development based on earnings and key financial figures. Since the 2005 financial year, Deutsche Telekom AG has been reporting according to International Financial Reporting Standards (IFRS). The financial figures from 2004 and previous years were based on the German GAAP.


Financial data of the Group

billions of €Change compared to prior year (%)a 20082007200620052004
Revenue and earnings    
Net revenue(1.4)61.762.561.359.657.3
Of which: domestic (%)(2.3)46.849.152.957.460.6
Of which: international (%)2.353.250.947.142.639.4
Profit from operations (EBIT)33.27.05.35.37.66.3
Net profitbn.a.1.50.63.25.61.6
Net profit (adjusted for special factors)b14.03.43.03.94.73.7
EBITD+A36Aa, c, d6.618.016.916.320.119.4
EBITDA (adjusted for special factors)a, c, d0.719.519.319.420.719.6
EBITDA margin (adjusted for special factors) (%)a0.731.630.931.734.834.2
     
Balance sheet    
Total assetse2.0123.1120.7130.2128.5125.5
Shareholders’ equitye(4.7)43.145.249.748.645.5
Equity ratio (%)a, e, f(2.4)32.334.735.835.534.2
Financial liabilities (in accordance with consolidated balance sheet)8.646.642.946.546.751.1
Net debta, d2.538.237.239.638.639.9
Additions to intangible assets (including goodwill) and property, plant and equipment11.510.19.113.411.16.6
     
Cash flows    
Net cash from operating activities12.115.413.714.215.016.7
Cash outflows for investments in intangible assets (excluding goodwill) and property, plant and equipment (in accordance with cash flow statement)d(8.6)(8.7)(8.0)(8.5)n(7.2)n(6.4)
Free cash flow (before dividend payments)a, d6.97.06.65.7n7.8n10.3
Free cash flow as a percentage of revenuea0.911.410.59.3n13.1n18.0
Net cash used in investing activities(41.3)(11.4)(8.1)(14.3)(10.1)(4.5)
Net cash used in financing activities49.4(3.1)(6.1)(2.1)(8.0)(12.9)
     
Employees    
Average number of employees (full-time equivalents without trainees/student interns) (thousands)(3.6)235244248244248
Revenue per employee (thousands of €)a2.4262.5256.5246.9244.3231.5
     
T-Share - key figures    
Earnings per share/ADS (basic and diluted) in accordance with IFRS (€)b, gn.a0.340.130.741.310.39
Weighted average number of ordinary shares outstanding (basic) (millions)g, h0.04,3404,3394,3534,3354,323
Weighted average number of ordinary shares outstanding (diluted) (millions)g, h0.04,3404,3404,3544,3384,328
Dividend per share/ADS (€)0.00.78j0.78j0.72i0.720.62
Dividend yield (%)j2.17.35.25.25.13.7
Total dividend (billions of €)0.03.4j3.4j3.1i3.02.6
Number of ordinary shares carrying dividend rights (millions)k0.04,341m4,340m4,338l4,1734,171
Total number of ordinary shares at the reporting date (millions+A20)m0.04,3614,3614,3614,1984,198

a Calculated on the basis of millions for the purpose of greater precision. Changes to percentages expressed as percentage points.
b Adjusted prior-year comparatives. Adoption of IAS19.93A. Non-recurrence of amortization of actuarial losses, including taxes: 2005: EUR 7 million; 2004: EUR 1 million; 2003: EUR 0 million (before taxes). Please also refer to explanations under Note 29 in the notes to the consolidated financial statements.
c Deutsche Telekom defines EBITDA as profit/loss from operations before depreciation, amortization and impairment losses.
d EBITDA, EBITDA adjusted for special factors, net debt, and free cash flow are non-GAAP figures not governed by the International Financial Reporting Standards (IFRS) or U.S. Generally Accepted Accounting Principles (U.S. GAAP). They should not be viewed in isolation as an alternative to profit or loss from operations, net profit or loss, net cash from operating activities, the debt reported in the consolidated balance sheet, or other Deutsche Telekom key performance indicators presented in accordance with IFRS or U.S. GAAP. For detailed information and calculations, please refer to the “Development of business” section of the Group management report in this Annual Report.
e Adjusted prior-year comparatives. Adoption of IAS 19.93A. Recognition of actuarial losses in equity, including deferred taxes on these losses: 2005: EUR 1.0 billion; 2004: EUR 0.3 billion; 2003: EUR 0.2 billion. Please also refer to explanations under Note 29 in the notes to the consolidated financial statements.
f Based on shareholders’ equity excluding amounts earmarked for dividend payment, which are treated as short-term debt.
g Calculation of basic and diluted earnings per share in accordance with IFRS as specified in IAS 33, “Earnings per share.” The share/ADS ratio is 1:1.
h Less treasury shares held by Deutsche Telekom AG.
i Subject to approval by the shareholders’ meeting. For more detailed explanations, please refer to the “Development of business” section of the Group management report or the information under Note 13 in the notes to the consolidated financial statements in this Annual Report.
j (Proposed) dividend per share divided by the Xetra closing price of the T-Share at the reporting date or on the last trading day of the respective financial year.
k Less treasury shares held by Deutsche Telekom AG and those shares that, as part of the issue of new shares in the course of the acquisition of Voicestream/Powertel, are held in trust for later issue and later trading as registered shares and/or American depositary shares (ADSs).
l Balance at the reporting date.
m Including treasury shares held by Deutsche Telekom AG.
n Before payments for the acquisition of network infrastrucure and licenses in the United States totaling EUR 2.1 billion in 2005 and payments for the acquisition of licenses totaling EUR 3.3 bilion in 2006.


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