Deutsche Telekom AG — Earnings Release 2002

Mar 10, 2003

News Details

Ad-hoc | 10 March 2003 07:20

Deutsche Telekom AG english

Deutsche Telekom part 6 and end Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Follows part 6 of ad hoc announcement of Deutsche Telekom end of ad-hoc-announcement (c)DGAP 10.03.2003 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: Part 6 and end of ad hoc announcement of Deutsche Telekom Free cash flow more than quadrupled Over the full financial year, free cash flow increased from EUR 1.1 billion to EUR 4.8 billion. Cash generated from operations in the full financial year increased by 2.4 % to EUR 16.7 billion, while net cash provided by operating activities, i.e. after net interest payments, improved by 4.4 % to EUR 12.5 billion. At the same time, cash outflows for investments in property, plant and equipment and intangible assets decreased by EUR 3.3 billion to EUR 7.6 billion. Cash flow billions of EUR 2002 2001 Change Change in % Cash generated 16.7 16.3 0.4 2.4 from operations Interest (4.2) (4.3) 0.1 3.1 received/ (paid) Net cash provided 12.5 11.9 0.6 4.4 by operating activities Cash outflows from (7.6) (10.9) 3.3 29.8 investments in intangible assets and property, plant and equipment Free cash flow 4.8 1.1 3.7 n.a. before dividend Dividend (1.6) (1.9) 0.3 17.0 Free cash flow 3.3 (0.8) 4.1 n.a. after dividend Calculated and rounded off on the basis of millions for the sake of greater precision This message contains or may contain forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. It is important to note that the company’s actual results could differ materially from the results anticipated or projected in any such forward- looking statements, based on a number of important factors. Deutsche Telekom’s filing with the U.S. SEC (particularly its report on Form 20-F) contain cautionary statements identifying important factors affecting such forward- looking statements, including certain risks and uncertainties, that could cause actual results to differ materially from projections contained in any forward-looking statements made by the company. The detailed explanations and calculations of the so-called pro forma figures are included as an appendix “Reconciliation to pro forma figures” to the published press release on the Internet and can be viewed a www.Deutschetelekom.com/reconciliation/2002 All information given in this press release is on the basis of preliminary, unaudited figures. End of release ——————————————————————————– WKN: 555750; ISIN: DE0005557508; Index: DAX, EURO STOXX 50 Listed: Amtlicher Markt in Berlin, Bremen, Düsseldorf, Frankfurt (Prime Standard), Hamburg, Hannover, Stuttgart und München; EUREX; London, Amsterdam, NASDAQ Europe, Virtex, New York (ADR), Tokio 100720 Mär 03