Telekom Austria AG — Earnings Release 2001

Mar 22, 2002

News Details

Ad-hoc | 22 March 2002 06:58

Telekom Austria AG english

Preliminary Headline Figures for the Financial Year 2001 Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Vienna, March 22, 2002 – Telekom Austria (VSE: TKA; NYSE: TKA) announced today preliminary headline figures for the Financial Year 2001. – Total managed revenue figures of Telekom Austria Group (including Mobilkom Austria) increased by 1.2% to EUR 3,943.5million (2000: EUR 3,897.2million). Total managed Group EBITDA, excluding idle workforce costs, rose by 38.8% to EUR 1,472.8million (2000: EUR 1,060.9million). – The consolidated revenues of Telekom Austria AG, which include Mobilkom Austria at equity decreased by 5.5% to EUR 2,659.7 million in the financial year of 2001 (2000: EUR 2,814.4million). Consolidated EBITDA, excluding idle workforce costs, increased by 44.8% to EUR 903.7million (2000: EUR 624.3million). Including idle workforce costs, the consolidated EBITDA rose by 38.4% to EUR 853.8million (2000: EUR 616.7million). – Mobilkom Austria reported an increase in consolidated revenues by 14.1% to EUR 1,713.2million (2000: EUR 1,501.1million). Consolidated EBITDA rose by 30.9% to EUR 571,3million (2000: EUR 436.6million). EBITDA is defined as operating income excluding depreciation and amortization. Costs for idle workforce, which are excluded from total managed EBITDA, include expenses for employees who have been released or transferred from the work force as well as cash settlements for civil servants who have agreed to leave with severance packages. Total costs for idle workforce amounted to EUR 49.9million in 2001 and EUR 7.6million in 2000. The final full year results 2001 will be published on April 9, 2002. end of ad-hoc-announcement (c)DGAP 22.03.2002 ——————————————————————————– WKN: 072000; ISIN: AT0000720008; Index: ATX Listed: Amtlicher Handel in Wien; Freiverkehr in Berlin, Düsseldorf, Frankfurt, München, Stuttgart 220658 Mär 02