Ad-hoc | 12 August 2004 06:35
Part 3 of the ad hoc notification of Deutsche Telekom
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Part 3 of elaborations concerning the ad hoc notification of
Deutsche Telekom AG
end of ad-hoc-announcement (c)DGAP 12.08.2004
Issuer’s information/explanatory remarks concerning this ad-hoc-announcement:
T-Systems
Q2/2004 Q2/2003 Change
millions millions %
of EUR of EUR
Total revenue 2625 2567 2.3
EBITDA 1) 318 319 (0.3)
Adjusted EBITDA 2) 361 337 7.1
T-Online
Q2/2004 Q2/2003 Change
millions millions %
of EUR of EUR
Total revenue 500 449 11.4
EBITDA 1) 128 101 26.7
Adjusted EBITDA 2) 128 76 68.4
The T-Online figures shown here were calculated in line with the
provisions of German GAAP, as applied throughout the Deutsche Telekom
Group, and do not correspond to the figures published by T-Online
International AG in accordance with IFRSs, as T-Online International AG
and Deutsche Telekom AG do not apply the same accounting policies.
Group Headquarters & Shared Services
Q2/2004 Q2/2003 Change
millions millions %
of EUR of EUR
Total revenue 1154 1071 7.7
EBITDA 1) (81) 72 n.a.
Adjusted EBITDA 2) (216) (10) n.a.
1)EBITDA: Deutsche Telekom defines EBITDA as the results of
ordinary business activities before net financial
income/expense, including income related to subsidiaries, associated
and related companies, amortization, and depreciation, and before
other taxes; for a detailed explanation of these figures, see “Recon-
ciliation of pro forma figures” at www. Telekom.de/investor-relations”.
2) For detailed information, see “Reconciliation of pro forma figures”
at “www.telekom.de/investor-relations”
T-Com
H1/2004 H1/2003 Change FY/2003
millions millions % millions
of EUR of EUR of EUR
Total revenue 13857 14643 (5.4) 29206
EBITDA 1) 5197 5136 1.2 10164
Adjusted EBITDA 2) 5233 5228 0.1 10356
T-Mobile
H1/2004 H1/2003 Change FY/2003
millions millions % millions
of EUR of EUR of EUR
Total revenue 12181 10867 12.1 22778
EBITDA 1) 4887 3602 35.7 7016
Adjusted EBITDA 2) 3607 3257 10.7 6671
T-Systems
H1/2004 H1/2003 Change FY/2003
millions millions % millions
of EUR of EUR of EUR
Total revenue 5100 5127 (0.5) 10614
EBITDA 1) 619 687 (9.9) 1412
Adjusted EBITDA 2) 662 623 6.3 1415
T-Online
H1/2004 H1/2003 Change FY/2003
millions millions % millions
of EUR of EUR of EUR
Total revenue 993 894 11.1 1851
EBITDA 1) 247 176 40.3 335
Adjusted EBITDA 2) 247 151 63.6 310
Group Headquarters & Shared Services
H1/2004 H1/2003 Change FY/2003
millions millions % millions
of EUR of EUR of EUR
Total revenue 2244 2164 3.7 4268
EBITDA 1) (244) 224 n.a. (276)
Adjusted EBITDA 2) (346) (20) n.a. (316)
1)EBITDA: Deutsche Telekom defines EBITDA as the results of
ordinary business activities before net financial
income/expense, including income related to subsidiaries, associated
and related companies, amortization, and depreciation, and before
other taxes; for a detailed explanation of these figures, see “Recon-
ciliation of pro forma figures” at www. Telekom.de/investor-relations”.
2) For detailed information, see “Reconciliation of pro forma figures”
at “www.telekom.de/investor-relations”
This notification contains forward-looking statements that reflect the
current views of the Deutsche Telekom management with respect to future
events. Forward-looking statements are based on current plans, estimates
and projections, and therefore too much reliance should not be placed
on them. Such statements are subject to risks and uncertainties, most
of which are difficult to predict and are generally beyond Deutsche
Telekom’s control, including those described in the sections “Forward-
Looking Statements” and “Risk Factors” of the Form 20-F submitted to
the U.S. Securities and Exchange Commission. If these or other risks
and uncertainties materialize, or if the assumptions underlying any of
these statements prove incorrect, Deutsche Telekom’s actual results may
be materially different from those expressed or implied by such
statements. Deutsche Telekom does not assume any obligation to update
forward-looking statements to take new information or future events
into account. In addition to the figures shown in accordance with
German GAAP, Deutsche Telekom also shows so-called pro forma figures,
e.g., EBITDA, adjusted EBITDA, net debt, and free cash flow. These pro
forma financial measures should be considered in addition to, but not
as a substitute for, the information prepared in accordance with German
GAAP. For a definition of these pro forma figures, please refer to the
explanations under “Reconciliation to pro forma figures” on Deutsche
Telekom’s Investor Relations website at www.deutschetelekom.com.
End of part 3 and end of notification
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WKN: 555750; ISIN: DE0005557508; Index: DAX, EURO STOXX 50
Listed: Amtlicher Markt in Berlin-Bremen, Düsseldorf, Frankfurt (Prime
Standard), Hamburg, Hannover, München und Stuttgart; EUREX; London; Amsterdam;
NASDAQ Europe; Virtex; New York (ADR); Tokio
120635 Aug 04