Hellenic Telecommunications Organization S.A.
ISIN: GRS260333000 | Ticker: HTO | LEI: ELPUFM0XZRZO4LFXW404
Country: Greece
OTE Group is the largest technology company in Greece. It is one of the top listed companies with respect to capitalization on the Athens Stock Exchange and is also listed on the London Stock Exchange. Deutsche Telekom holds 49.22% of OTE’s share capital and the Greek State holds 7%. In 2021, OTE Group employed approximately 10,500 people in Greece.
OTE Group offers a wide range of services: fixed-line and mobile telephony, broadband services, subscription television and integrated ICT solutions. The Group is also active in maritime communications and real-estate, and has the BOX online food ordering service and the COSMOTE Insurance digital platform for comparison and purchase of insurance. Abroad, the Group operates in the mobile telecommunications market of Romania.
1949
Served areaEurope
Headcount10,500
HeadquartersKifisias Ave. 99, 15124 Marousi – Greece
| Line item in (eur) | 02.01.2020 | 01.01.2021 | 02.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|---|
| Assets | N/A | 5,867,900,000.00 | N/A | 5,217,000,000.00 | 4,999,200,000.00 |
| Noncurrent Assets | N/A | 4,105,000,000.00 | N/A | 3,825,000,000.00 | 3,704,000,000.00 |
| Property Plant And Equipment | N/A | 2,060,600,000.00 | N/A | 2,080,300,000.00 | 2,081,100,000.00 |
| Goodwill | N/A | 376,600,000.00 | N/A | 376,600,000.00 | 376,600,000.00 |
| Other Intangible Assets | N/A | 408,000,000.00 | N/A | 387,700,000.00 | 335,100,000.00 |
| Investments In Associates Accounted For Using Equity Method | N/A | N/A | N/A | 100,000.00 | 100,000.00 |
| Investments In Subsidiaries Joint Ventures And Associates | N/A | 100,000.00 | N/A | 100,000.00 | N/A |
| Deferred Tax Assets | N/A | 364,000,000.00 | N/A | 197,900,000.00 | 178,200,000.00 |
| Noncurrent Loans And Receivables | N/A | 72,300,000.00 | N/A | 68,600,000.00 | 64,700,000.00 |
| Other Noncurrent Assets | N/A | 75,700,000.00 | N/A | 75,900,000.00 | 75,300,000.00 |
| Current Assets | N/A | 1,156,400,000.00 | N/A | 1,392,000,000.00 | 1,295,200,000.00 |
| Inventories | N/A | 26,900,000.00 | N/A | 38,000,000.00 | 54,000,000.00 |
| Trade And Other Current Receivables | N/A | 433,100,000.00 | N/A | 504,400,000.00 | 471,200,000.00 |
| Other Current Financial Assets | N/A | 5,400,000.00 | N/A | 5,600,000.00 | 4,800,000.00 |
| Cash and cash equivalents | 1,058,300,000.00 | 516,200,000.00 | 516,200,000.00 | 630,700,000.00 | 590,100,000.00 |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | N/A | 606,500,000.00 | N/A | 0.00 | N/A |
| Other Current Assets | N/A | 143,800,000.00 | N/A | 176,900,000.00 | 123,700,000.00 |
| Equity And Liabilities | N/A | 5,867,900,000.00 | N/A | 5,217,000,000.00 | 4,999,200,000.00 |
| Equity | 2,183,100,000.00 | 2,139,800,000.00 | 2,139,800,000.00 | 1,972,200,000.00 | 1,848,900,000.00 |
| Issued Capital | N/A | 1,330,600,000.00 | N/A | 1,292,600,000.00 | 1,227,300,000.00 |
| Retained Earnings | N/A | 3,396,000,000.00 | N/A | 3,414,400,000.00 | 3,267,900,000.00 |
| Share Premium | N/A | 476,400,000.00 | N/A | 462,600,000.00 | 438,900,000.00 |
| Treasury Shares | N/A | 132,200,000.00 | N/A | 157,100,000.00 | 73,500,000.00 |
| Other Equity Interest | N/A | -3,314,100,000.00 | N/A | -3,314,100,000.00 | N/A |
| Statutory Reserve | N/A | 440,700,000.00 | N/A | 440,700,000.00 | 440,700,000.00 |
| Equity Attributable To Owners Of Parent | N/A | 1,995,800,000.00 | N/A | 1,970,500,000.00 | 1,848,400,000.00 |
| Noncontrolling Interests | N/A | 144,000,000.00 | N/A | 1,700,000.00 | 500,000.00 |
| Noncurrent Liabilities | N/A | 1,663,300,000.00 | N/A | 1,307,000,000.00 | 1,343,300,000.00 |
| Noncurrent Contract Liabilities | N/A | 25,400,000.00 | N/A | 33,200,000.00 | 40,800,000.00 |
| Deferred Tax Liabilities | N/A | 9,800,000.00 | N/A | 3,300,000.00 | 400,000.00 |
| Other Noncurrent Liabilities | N/A | 107,800,000.00 | N/A | 89,300,000.00 | 55,700,000.00 |
| Longterm Borrowings | N/A | 974,800,000.00 | N/A | 753,700,000.00 | 881,500,000.00 |
| Current Liabilities | N/A | 1,753,600,000.00 | N/A | 1,937,800,000.00 | 1,807,000,000.00 |
| Current Provisions For Employee Benefits | N/A | 178,900,000.00 | N/A | 0.00 | N/A |
| Trade And Other Current Payables | N/A | 719,800,000.00 | N/A | 818,500,000.00 | 874,000,000.00 |
| Current Contract Liabilities | N/A | 121,800,000.00 | N/A | 132,500,000.00 | 136,100,000.00 |
| Current Tax Liabilities Current | N/A | 76,200,000.00 | N/A | 44,000,000.00 | 92,300,000.00 |
| Liabilities Included In Disposal Groups Classified As Held For Sale | N/A | 311,200,000.00 | N/A | 0.00 | N/A |
| Other Current Liabilities | N/A | 364,500,000.00 | N/A | 471,500,000.00 | 453,000,000.00 |
| Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Revenue | 3,258,900,000.00 | 3,336,300,000.00 | 3,455,300,000.00 |
| Revenue From Rendering Of Mobile Telephone Services | N/A | 1,164,100,000.00 | 1,189,000,000.00 |
| Revenue From Rendering Of Interconnection Services | 574,100,000.00 | 585,300,000.00 | N/A |
| Revenue From Rendering Of Other Telecommunication Services | 294,000,000.00 | 293,900,000.00 | N/A |
| Revenue From Interest | N/A | 1,000,000.00 | 2,700,000.00 |
| Revenue From Dividends | 0.00 | 0.00 | 0.00 |
| Other Revenue | 65,400,000.00 | 71,700,000.00 | 86,700,000.00 |
| Other Income | 10,400,000.00 | 9,200,000.00 | 10,500,000.00 |
| Cost Of Merchandise Sold | 305,500,000.00 | 311,300,000.00 | 358,700,000.00 |
| Professional Fees Expense | 164,500,000.00 | 177,600,000.00 | N/A |
| Advertising Expense | 63,500,000.00 | 66,000,000.00 | 69,900,000.00 |
| Depreciation Amortisation And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 833,200,000.00 | 667,600,000.00 | 795,100,000.00 |
| Other Expense By Nature | 64,200,000.00 | 73,600,000.00 | N/A |
| Profit Loss From Operating Activities | 331,400,000.00 | 812,300,000.00 | 590,500,000.00 |
| Finance Income | 1,700,000.00 | 1,000,000.00 | N/A |
| Finance Costs | 56,200,000.00 | 45,000,000.00 | N/A |
| Profit Loss Before Tax | 283,100,000.00 | 719,400,000.00 | 554,900,000.00 |
| Income Tax Expense Continuing Operations | 45,900,000.00 | 233,600,000.00 | 166,200,000.00 |
| Profit Loss From Continuing Operations | 237,200,000.00 | 485,800,000.00 | 388,700,000.00 |
| Profit Loss From Discontinued Operations | 138,500,000.00 | 103,900,000.00 | 0.00 |
| Profit (loss) | 375,700,000.00 | 589,700,000.00 | 388,700,000.00 |
| Profit Loss Attributable To Owners Of Parent | 359,900,000.00 | 557,600,000.00 | 388,600,000.00 |
| Profit Loss Attributable To Noncontrolling Interests | 15,800,000.00 | 32,100,000.00 | 100,000.00 |
| Line item in (eur) | 01.01.2021 | 02.01.2020 | 01.01.2022 | 02.01.2021 | 01.01.2023 |
|---|---|---|---|---|---|
| Profit (loss) | 375,700,000.00 | N/A | 589,700,000.00 | N/A | 388,700,000.00 |
| Adjustments For Decrease Increase In Inventories | 10,200,000.00 | N/A | -11,300,000.00 | N/A | -16,000,000.00 |
| Adjustments For Depreciation And Amortisation Expense | 833,200,000.00 | N/A | 667,600,000.00 | N/A | 795,100,000.00 |
| Adjustments For Unrealised Foreign Exchange Losses Gains | 3,600,000.00 | N/A | -1,500,000.00 | N/A | -1,600,000.00 |
| Cash Flows From Used In Operating Activities | 1,247,900,000.00 | N/A | 1,224,200,000.00 | N/A | 1,317,200,000.00 |
| Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | 0.00 | N/A | 0.00 | N/A | 0.00 |
| Other Cash Payments To Acquire Equity Or Debt Instruments Of Other Entities Classified As Investing Activities | 0.00 | N/A | 89,300,000.00 | N/A | N/A |
| Cash Receipts From Repayment Of Advances And Loans Made To Other Parties Classified As Investing Activities | N/A | N/A | 7,200,000.00 | N/A | 7,200,000.00 |
| Dividends Received Classified As Investing Activities | 0.00 | N/A | 0.00 | N/A | 0.00 |
| Interest Received Classified As Investing Activities | 1,700,000.00 | N/A | 1,000,000.00 | N/A | 2,700,000.00 |
| Other Inflows Outflows Of Cash Classified As Investing Activities | 0.00 | N/A | 0.00 | N/A | N/A |
| Cash Flows From Used In Investing Activities | -730,100,000.00 | N/A | -435,500,000.00 | N/A | -638,500,000.00 |
| Payments To Acquire Or Redeem Entitys Shares | 142,300,000.00 | N/A | 190,300,000.00 | N/A | 293,600,000.00 |
| Proceeds From Borrowings Classified As Financing Activities | 367,400,000.00 | N/A | 350,000,000.00 | N/A | 300,000,000.00 |
| Repayments Of Borrowings Classified As Financing Activities | 874,300,000.00 | N/A | 404,400,000.00 | N/A | 397,700,000.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | 63,500,000.00 | N/A | 70,000,000.00 | N/A | 83,300,000.00 |
| Other Inflows Outflows Of Cash Classified As Financing Activities | N/A | N/A | 0.00 | N/A | 4,000,000.00 |
| Cash Flows From Used In Financing Activities | -983,800,000.00 | N/A | -746,500,000.00 | N/A | -721,400,000.00 |
| Increase (decrease) in cash and cash equivalents before effect of exchange rate changes | -466,000,000.00 | N/A | 42,200,000.00 | N/A | -42,700,000.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | -2,800,000.00 | N/A | -1,000,000.00 | N/A | 2,100,000.00 |
| Cash and cash equivalents | 516,200,000.00 | 1,058,300,000.00 | 630,700,000.00 | 516,200,000.00 | 590,100,000.00 |
Please note that some sums might not add up.
GRS260333000
LEIELPUFM0XZRZO4LFXW404
SectorDiversified Telecommunication Services
Sub-IndustryIntegrated Telecommunication Services
Listed Stock ExchangeATHEX Composite
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