Deutsche Telekom AG — Earnings Release 2004

Mar 2, 2005

News Details

Ad-hoc | 2 March 2005 22:33

Deutsche Telekom AG: Financial Year 2004

Ad hoc announcement §15 WpHG Financial Year 2004 Deutsche Telekom AG: Financial Year 2004 Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— Ad-hoc-announcement of Deutsche Telekom AG 2004 financial year Bonn, 02.03.2005 Deutsche Telekom generates net revenue of EUR 4.6 billion in 2004 – Net revenue up 3.7 percent to EUR 57.9 billion, organic revenue growth of 5.8 percent – Net income increased from EUR 1.3 billion to EUR 4.6 billion; adjusted net income from EUR 0.2 billion to EUR 2.2 billion – Board of Management proposes a dividend of EUR 0.62 for 2004 – EBITDA excl. special factors of EUR 19.4 billion compared with EUR 18.3 billion in 2003 – Operating result excluding special factors grows 32 percent to EUR 6.9 billion – ree cash flow increased from EUR 8.3 billion to EUR 10.2 billion – Net debt reduced by EUR 11.4 billion to EUR 35.2 billion – Outlook: In 2005 adjusted EBITDA, calculated in accordance with IFRS, expected to be between EUR 20.7 billion and EUR 21.0 billion – End of ad-hoc-announcement – Deutsche Telekom AG Friedrich Ebert Allee 140 53113 Bonn Deutschland ISIN: DE0005557508 (DAX) WKN: 555750 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 End of ad hoc announcement (c)DGAP 02.03.2005 Issuer’s information/explanatory remarks concerning this ad hoc announcement: – Issuer’s information/explanatory remarks concerning this ad-hoc-announcement – FY 2004 FY 2003 Change millions of EUR millions of EUR % Net revenue 57,880 55,838 3.7 – Domestic 35,147 34,691 1.3 – International 22,733 21,147 7.5 Adjusted results from ordinary business activities 3,593 1,122 220.2 Results from ordinary business activities 6,541 1,398 367.9 Adjusted net income 2,196 222 889.2 Net income 4,634 1,253 269.8 EBITDA excluding special factors 19,364 18,288 5.9 EBITDA 22,315 18,475 20.8 Net cash provided by operating activities 16,307 14,316 13.9 Free cash flow before dividend payments 10,180 8,285 22.9 Investments in property, plant, and equipment and intangible assets (excluding goodwill) 5,936 6,234 (4.8) Net debt at balance sheet date 35,198 46,576 (24.4) Average number of employees 247,559 251,263 (1.5) Q4 2004 Q4 2003 Change millions of EUR millions of EUR % Net revenue 14,958 14,550 2.8 – Domestic 9,587 9,002 6.5 – International 5,371 5,548 (3.2) Adjusted results from ordinary business ctivities 711 (60) n.a. Results from ordinary business activities 1,815 (385) n.a. Adjusted net income 252 (516) n.a. Net income 1,423 (364) n.a. EBITDA excluding special factors 4,732 4,503 5.1 EBITDA 5,839 4,178 39.8 Net cash provided by operating ctivities 5,499 3,272 68.1 Free cash flow before dividend payments 3,595 892 303.0 Investments in property, plant, and equipment and intangible assets (excluding goodwill) 2,125 2,698 (21.2) Average number of employees 245,730 248,993 (1.3) Ende of part 1 of the explanatory remarks Follows part 2 and end End of message (c)DGAP 022233 Mär 05