UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of February 2006

 

DEUTSCHE TELEKOM AG

(Translation of registrant’s name into English)

 

Friedrich-Ebert-Allee 140

53113 Bonn

Germany

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ý   Form 40-F o

 

Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

Yes o   No ý

 

 This report is deemed submitted and not filed pursuant to the rules and regulations of the Securities and Exchange Commission.

 

 



 

Final IFRS historic numbers.

Deutsche Telekom

 

Check out our IR-website www.telekom.de/investor-relations for:

 

* this file in pdf and excel-format

* the IR calender

* detailed information for debt investors

* shareholder structure

* corporate governance

 

For further information on the divisions please refer to:

www.telekom.de

 

www.t-com.de

 

www.t-mobile.de

 

www.t-systems.com

 

www.t-online.de

 

Investor Relations, Bonn office

 

Investor Relations, New York office

Phone

 

+49 228 181 - 8 88 80

 

Phone

 

+1 212 424 2926

Fax

 

+49 228 181 - 8 88 99

 

Phone

 

+ 1 877 DT SHARE (toll-free)

E-Mail

 

investor.relations@telekom.de

 

Fax

 

+1 212 424 2986

 

 

 

 

E-Mail

 

investor.relations@usa.telekom.de

 

1



 

Final IFRS historic numbers.

 

Content.

 

Description of effects

 

 

 

Overview

 

Revenue + EBITDA 2005

 

Revenue + EBITDA 2004

 

Revenue + EBITDA 2003

 

 

 

Group details

 

P&L 2005 adjusted for special influences

 

P&L 2005 unadjusted

 

P&L 2004 adjusted for special influences

 

Special influences 2004

 

P&L 2004 unadjusted

 

P&L 2003 adjusted for special influences

 

P&L 2003 unadjusted

 

Balance sheet 2005

 

Balance sheet 2004

 

Balance sheet 2003

 

Debt to net debt reconciliation 2005

 

Debt to net debt reconciliation 2004

 

 

 

Glossary for Non-GAAP financial measures

 

 

2



 

Final IFRS historic numbers.

 

Description of effects.

 

In connection with the preparation of its first-time adoption of audited International Financial Reporting Standards (IFRS) consolidated financial statements as of December 31, 2003, 2004 and 2005, Deutsche Telekom determined that certain adjustments should be made to its IFRS opening balance sheet as of January 1, 2003, and to the quarterly information previously published in 2005. Overall, there was no significant impact on the results of operations, financial position or cash flows of the prior periods. These adjustments primarily relate to corrections of accounting entries as follows:

 

Deferred Revenues

 

Although not material (individually or in the aggregate), Deutsche Telekom had identified several items relating to the years ended December 31, 2003, 2004 and 2005, that it has also determined should be corrected. These corrections have now been reflected in the quarterly periods in which such items should have been recorded. The most significant of these corrections relates to the allocation of revenues related to multiple-element arrangements. These corrections have now been reflected in each of the quarterly periods of 2004 and 2005.

 

Rating Changes

 

In 2002, in connection with certain previously issued financial instruments, an interest rate step-up provision was triggered as a result of a downgrade in Deutsche Telekom’s credit rating by certain rating agencies. It was subsequently determined that pursuant to International Accounting Standard (IAS) 39 Financial Instruments: Recognition and Measurement, Deutsche Telekom should adjust the book value of these financial instruments to reflect the present value of the estimated future payments at the time of the interest rate change in 2002. This adjustment has now been reflected in the IFRS opening balance sheet as of January 1, 2003,. Subsequently, in April 2005, these rating agencies upgraded Deutsche Telekom’s credit rating, which triggered a corresponding downward adjustment in the interest rate on these financial instruments. Pursuant to IAS 39, Deutsche Telekom was required to adjust the book value of these financial instruments to reflect the present value of the associated estimated future payments as a result of this upward adjustment. Accordingly, certain financial information, namely, net income and financial income (expense), net, has been adjusted to reflect the change in interest rates.

 

3



 

Overview.

 

Revenue / EBITDA 2005.

 

 

 

Reported preliminary IFRS

 

Final IFRS

 

Adjustments

 

Reported preliminary IFRS

 

Final IFRS

 

Adjustments

 

€ millions

 

Q1/05

 

Q2/05

 

Q3/05

 

Q1/05

 

Q2/05

 

Q3/05

 

Q1/05

 

Q2/05

 

Q3/05

 

Q1-Q3/05

 

Q1-Q3/05

 

Q1-Q3/05

 

Total revenue

 

14,376

 

14,748

 

15,043

 

14,288

 

14,743

 

15,056

 

-88

 

-5

 

13

 

44,167

 

44,087

 

-80

 

Broadband / Fixed Network

 

6,638

 

6,489

 

6,455

 

6,555

 

6,469

 

6,469

 

-83

 

-20

 

14

 

19,582

 

19,493

 

-89

 

T-COM

 

6,304

 

6,119

 

6,130

 

6,220

 

6,101

 

6,143

 

-84

 

-18

 

13

 

18,553

 

18,464

 

-89

 

T-Online

 

509

 

522

 

506

 

509

 

522

 

506

 

 

 

 

 

 

 

1,537

 

1,537

 

 

 

Mobile Communications

 

6,746

 

7,197

 

7,648

 

6,746

 

7,197

 

7,648

 

 

 

 

 

 

 

21,591

 

21,591

 

 

 

Business Customers

 

3,124

 

3,206

 

3,143

 

3,106

 

3,219

 

3,143

 

-18

 

13

 

 

 

9,473

 

9,468

 

-5

 

Group Headquarters & Shared Services

 

853

 

883

 

867

 

853

 

883

 

867

 

 

 

 

 

 

 

2,603

 

2,603

 

 

 

Reconciliation

 

-2,985

 

-3,027

 

-3,070

 

-2,972

 

-3,025

 

-3,071

 

13

 

2

 

-1

 

-9,082

 

-9,068

 

14

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net revenue

 

14,376

 

14,748

 

15,043

 

14,288

 

14,743

 

15,056

 

-88

 

-5

 

13

 

44,167

 

44,087

 

-80

 

Broadband / Fixed Network

 

5,527

 

5,439

 

5,387

 

5,458

 

5,420

 

5,400

 

-69

 

-19

 

13

 

16,353

 

16,278

 

-75

 

T-COM

 

5,067

 

4,962

 

4,931

 

4,997

 

4,944

 

4,944

 

-70

 

-18

 

13

 

14,960

 

14,885

 

-75

 

T-Online

 

460

 

477

 

456

 

461

 

476

 

456

 

1

 

-1

 

0

 

1,393

 

1,393

 

 

 

Mobile Communications

 

6,531

 

6,962

 

7,408

 

6,531

 

6,962

 

7,409

 

0

 

0

 

1

 

20,901

 

20,902

 

1

 

Business Customers

 

2,253

 

2,281

 

2,179

 

2,234

 

2,295

 

2,178

 

-19

 

14

 

-1

 

6,713

 

6,707

 

-6

 

Group Headquarters & Shared Services

 

65

 

66

 

69

 

65

 

66

 

69

 

0

 

0

 

0

 

200

 

200

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EBITDA

 

4,898

 

5,219

 

5,366

 

4,821

 

5,182

 

5,380

 

-77

 

-37

 

14

 

15,483

 

15,383

 

-100

 

Broadband / Fixed Network

 

2,517

 

2,432

 

2,376

 

2,444

 

2,421

 

2,389

 

-73

 

-11

 

13

 

7,325

 

7,254

 

-71

 

T-COM

 

2,436

 

2,367

 

2,332

 

2,362

 

2,357

 

2,345

 

-74

 

-10

 

13

 

7,135

 

7,064

 

-71

 

T-Online

 

88

 

84

 

73

 

88

 

84

 

73

 

 

 

 

 

 

 

245

 

245

 

 

 

Mobile Communications

 

2,102

 

2,443

 

2,725

 

2,102

 

2,405

 

2,725

 

 

 

-38

 

 

 

7,270

 

7,232

 

-38

 

Business Customers

 

395

 

405

 

412

 

391

 

418

 

412

 

-4

 

13

 

 

 

1,212

 

1,221

 

9

 

Group Headquarters & Shared Services

 

-83

 

-20

 

-129

 

-83

 

-20

 

-129

 

 

 

 

 

 

 

-232

 

-232

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EBITDA adjusted for special influences

 

4,918

 

5,225

 

5,487

 

4,841

 

5,188

 

5,501

 

-77

 

-37

 

14

 

15,630

 

15,530

 

-100

 

Broadband / Fixed Network

 

2,517

 

2,440

 

2,424

 

2,444

 

2,429

 

2,437

 

-73

 

-11

 

13

 

7,381

 

7,310

 

-71

 

T-COM

 

2,436

 

2,375

 

2,380

 

2,362

 

2,365

 

2,393

 

-74

 

-10

 

13

 

7,191

 

7,120

 

-71

 

T-Online

 

88

 

84

 

73

 

88

 

84

 

73

 

 

 

 

 

 

 

245

 

245

 

 

 

Mobile Communications

 

2,111

 

2,481

 

2,730

 

2,111

 

2,443

 

2,730

 

 

 

-38

 

 

 

7,322

 

7,284

 

-38

 

Business Customers

 

396

 

410

 

446

 

392

 

423

 

446

 

-4

 

13

 

 

 

1,252

 

1,261

 

9

 

Group Headquarters & Shared Services

 

-72

 

-66

 

-95

 

-72

 

-66

 

-95

 

 

 

 

 

 

 

-233

 

-233

 

 

 

 

4



 

Overview.

 

Revenue / EBITDA 2004.

 

 

 

Reported preliminary IFRS

 

Final IFRS

 

Adjustments

 

Reported
preliminary
IFRS

 

Final
IFRS

 

Adjustments

 

€ millions

 

Q1/04

 

Q2/04

 

Q3/04

 

Q4/04

 

Q1/04

 

Q2/04

 

Q3/04

 

Q4/04

 

Q1/04

 

Q2/04

 

Q3/04

 

Q4/04

 

FY 2004

 

FY 2004

 

FY 2004

 

Total revenue

 

13,890

 

14,377

 

14,353

 

14,740

 

13,894

 

14,379

 

14,356

 

14,724

 

4

 

2

 

3

 

-16

 

57,360

 

57,353

 

-7

 

Broadband / Fixed Network

 

6,941

 

6,809

 

6,609

 

6,651

 

6,945

 

6,812

 

6,612

 

6,643

 

4

 

3

 

3

 

-8

 

27,010

 

27,012

 

2

 

T-COM

 

6,599

 

6,470

 

6,254

 

6,278

 

6,603

 

6,472

 

6,257

 

6,271

 

4

 

2

 

3

 

-7

 

25,601

 

25,603

 

2

 

T-Online

 

489

 

499

 

486

 

538

 

489

 

499

 

486

 

538

 

 

 

 

 

 

 

 

 

2,012

 

2,012

 

 

 

Mobile Communications

 

6,272

 

6,649

 

6,914

 

6,692

 

6,272

 

6,649

 

6,914

 

6,692

 

 

 

 

 

 

 

 

 

26,527

 

26,527

 

 

 

Business Customers

 

3,075

 

3,272

 

3,169

 

3,441

 

3,075

 

3,272

 

3,169

 

3,446

 

 

 

 

 

 

 

5

 

12,957

 

12,962

 

5

 

Group Headquarters & Shared Services

 

866

 

882

 

887

 

891

 

866

 

882

 

887

 

891

 

 

 

 

 

 

 

 

 

3,526

 

3,526

 

 

 

Reconciliation

 

-3,264

 

-3,235

 

-3,226

 

-2,935

 

-3,264

 

-3,236

 

-3,226

 

-2,948

 

 

 

-1

 

 

 

-13

 

-12,660

 

-12,674

 

-14

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net revenue

 

13,890

 

14,377

 

14,353

 

14,740

 

13,894

 

14,379

 

14,356

 

14,724

 

4

 

2

 

3

 

-16

 

57,360

 

57,353

 

-7

 

Broadband / Fixed Network

 

5,653

 

5,609

 

5,433

 

5,714

 

5,657

 

5,611

 

5,436

 

5,693

 

4

 

2

 

3

 

-21

 

22,409

 

22,397

 

-12

 

T-COM

 

5,205

 

5,154

 

4,992

 

5,234

 

5,209

 

5,156

 

4,995

 

5,213

 

4

 

2

 

3

 

-21

 

20,585

 

20,573

 

-12

 

T-Online

 

448

 

455

 

441

 

480

 

448

 

455

 

441

 

480

 

 

 

 

 

 

 

 

 

1,824

 

1,824

 

 

 

Mobile Communications

 

5,966

 

6,372

 

6,663

 

6,449

 

5,966

 

6,372

 

6,663

 

6,449

 

 

 

 

 

 

 

 

 

25,450

 

25,450

 

 

 

Business Customers

 

2,209

 

2,327

 

2,200

 

2,505

 

2,209

 

2,327

 

2,200

 

2,510

 

 

 

 

 

 

 

5

 

9,241

 

9,246

 

5

 

Group Headquarters & Shared Services

 

62

 

69

 

57

 

72

 

62

 

69

 

57

 

72

 

 

 

 

 

 

 

 

 

260

 

260

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EBITDA

 

4,606

 

4,998

 

5,193

 

4,592

 

4,619

 

5,001

 

5,197

 

4,575

 

13

 

3

 

4

 

-17

 

19,389

 

19,392

 

3

 

Broadband / Fixed Network

 

2,559

 

2,577

 

2,477

 

2,340

 

2,562

 

2,578

 

2,479

 

2,331

 

3

 

1

 

2

 

-9

 

9,953

 

9,950

 

-3

 

T-COM

 

2,457

 

2,439

 

2,341

 

2,266

 

2,460

 

2,440

 

2,345

 

2,256

 

3

 

1

 

4

 

-10

 

9,503

 

9,501

 

-2

 

T-Online

 

118

 

129

 

135

 

81

 

118

 

129

 

135

 

81

 

 

 

 

 

 

 

 

 

463

 

463

 

 

 

Mobile Communications

 

1,826

 

2,202

 

2,369

 

2,066

 

1,826

 

2,205

 

2,370

 

2,066

 

 

 

3

 

1

 

 

 

8,463

 

8,467

 

4

 

Business Customers

 

391

 

383

 

448

 

295

 

391

 

383

 

449

 

286

 

 

 

 

 

1

 

-9

 

1,517

 

1,509

 

-8

 

Group Headquarters & Shared Services

 

-120

 

-122

 

-1

 

-313

 

-120

 

-122

 

-1

 

-313

 

 

 

 

 

 

 

 

 

-556

 

-556

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EBITDA adjusted for special influences

 

4,675

 

4,923

 

5,293

 

4,726

 

4,688

 

4,926

 

5,297

 

4,709

 

13

 

3

 

4

 

-17

 

19,617

 

19,620

 

3

 

Broadband / Fixed Network

 

2,592

 

2,577

 

2,495

 

2,509

 

2,595

 

2,578

 

2,497

 

2,500

 

3

 

1

 

2

 

-9

 

10,173

 

10,170

 

-3

 

T-COM

 

2,490

 

2,439

 

2,358

 

2,435

 

2,493

 

2,440

 

2,362

 

2,425

 

3

 

1

 

4

 

-10

 

9,722

 

9,720

 

-2

 

T-Online

 

118

 

129

 

136

 

81

 

118

 

129

 

136

 

81

 

 

 

 

 

 

 

 

 

464

 

464

 

 

 

Mobile Communications

 

1,826

 

2,127

 

2,374

 

2,068

 

1,826

 

2,130

 

2,375

 

2,068

 

 

 

3

 

1

 

 

 

8,395

 

8,399

 

4

 

Business Customers

 

394

 

426

 

453

 

365

 

394

 

426

 

454

 

356

 

 

 

 

 

1

 

-9

 

1,638

 

1,630

 

-7

 

Group Headquarters & Shared Services

 

-87

 

-165

 

-22

 

-274

 

-87

 

-165

 

-22

 

-274

 

 

 

 

 

 

 

 

 

-548

 

-548

 

 

 

 

5



 

Overview.

 

Revenue / EBITDA 2003.

 

 

 

Reported preliminary IFRS

 

Final IFRS

 

Adjustments

 

€ millions

 

FY 2003

 

FY 2003

 

FY 2003

 

Total revenue

 

55,503

 

55,596

 

93

 

Broadband / Fixed Network

 

28,295

 

28,259

 

-36

 

T-COM

 

27,206

 

27,170

 

-36

 

T-Online

 

1,851

 

1,851

 

 

 

Mobile Communications

 

24,198

 

24,327

 

129

 

Business Customers

 

12,937

 

12,937

 

 

 

Group Headquarters & Shared Services

 

3,271

 

3,271

 

 

 

Reconciliation

 

-13,198

 

-13,198

 

 

 

 

 

 

 

 

 

 

 

Net revenue

 

55,503

 

55,596

 

93

 

Broadband / Fixed Network

 

23,197

 

23,161

 

-36

 

T-COM

 

21,534

 

21,498

 

-36

 

T-Online

 

1,663

 

1,663

 

 

 

Mobile Communications

 

22,804

 

22,933

 

129

 

Business Customers

 

9,267

 

9,267

 

 

 

Group Headquarters & Shared Services

 

235

 

235

 

 

 

 

 

 

 

 

 

 

 

EBITDA

 

18,689

 

18,654

 

-35

 

Broadband / Fixed Network

 

10,368

 

10,326

 

-42

 

T-COM

 

10,080

 

10,038

 

-42

 

T-Online

 

339

 

339

 

 

 

Mobile Communications

 

7,202

 

7,208

 

6

 

Business Customers

 

1,532

 

1,533

 

1

 

Group Headquarters & Shared Services

 

-396

 

-396

 

 

 

 

 

 

 

 

 

 

 

EBITDA adjusted for special influences

 

18,572

 

18,537

 

-35

 

Broadband / Fixed Network

 

10,408

 

10,366

 

-42

 

T-COM

 

10,120

 

10,078

 

-42

 

T-Online

 

315

 

315

 

 

 

Mobile Communications

 

7,202

 

7,208

 

6

 

Business Customers

 

1,482

 

1,483

 

1

 

Group Headquarters & Shared Services

 

-503

 

-503

 

 

 

 

6



 

DT Group P&L 2005.

 

Adjusted for special influences.

 

 

 

Reported preliminary IFRS

 

Final IFRS

 

Adjustments

 

Reported preliminary IFRS

 

Final IFRS

 

Adjustments

 

€ millions

 

Q1/05

 

Q2/05

 

Q3/05

 

Q1/05

 

Q2/05

 

Q3/05

 

Q1/05

 

Q2/05

 

Q3/05

 

Q1-Q3/05

 

Q1-Q3/05

 

Q1-Q3/05

 

Revenue

 

14,376

 

14,748

 

15,043

 

14,288

 

14,743

 

15,056

 

-88

 

-5

 

13

 

44,167

 

44,087

 

-80

 

Cost of sales

 

-7,526

 

-7,642

 

-7,661

 

-7,525

 

-7,681

 

-7,661

 

1

 

-39

 

 

 

-22,829

 

-22,867

 

-38

 

Gross profit/loss from sales

 

6,850

 

7,106

 

7,382

 

6,763

 

7,062

 

7,395

 

-87

 

-44

 

13

 

21,338

 

21,220

 

-118

 

Selling costs

 

-3,434

 

-3,486

 

-3,493

 

-3,435

 

-3,490

 

-3,503

 

-1

 

-4

 

-10

 

-10,413

 

-10,428

 

-15

 

General administrative costs

 

-1,030

 

-1,051

 

-986

 

-1,019

 

-1,040

 

-975

 

11

 

11

 

11

 

-3,067

 

-3,034

 

33

 

Other operating income

 

279

 

313

 

200

 

279

 

313

 

200

 

 

 

 

 

 

 

792

 

792

 

 

 

Other operating expenses

 

-305

 

-267

 

-206

 

-281

 

-267

 

-206

 

24

 

 

 

 

 

-778

 

-754

 

24

 

Operating results = EBIT

 

2,360

 

2,615

 

2,897

 

2,307

 

2,578

 

2,911

 

-53

 

-37

 

14

 

7,872

 

7,796

 

-76

 

Financial income/expense, net

 

-742

 

-782

 

-677

 

-736

 

-452

 

-654

 

6

 

330

 

23

 

-2,201

 

-1,842

 

359

 

of which: net interest expenses

 

-743

 

-792

 

-689

 

-707

 

-464

 

-674

 

36

 

328

 

15

 

-2,224

 

-1,845

 

379

 

Income before taxes = EBT

 

1,618

 

1,833

 

2,220

 

1,571

 

2,126

 

2,257

 

-47

 

293

 

37

 

5,671

 

5,954

 

283

 

Income taxes

 

-493

 

-763

 

-620

 

-473

 

-831

 

-630

 

20

 

-68

 

-10

 

-1,876

 

-1,934

 

-58

 

Income (loss) after taxes

 

1,125

 

1,070

 

1,600

 

1,098

 

1,295

 

1,627

 

-27

 

225

 

27

 

3,795

 

4,020

 

225

 

Income/losses applicable to minority shareholders

 

123

 

121

 

137

 

122

 

120

 

137

 

-1

 

-1

 

 

 

381

 

379

 

-2

 

Net income (loss)

 

1,002

 

949

 

1,463

 

976

 

1,175

 

1,490

 

-26

 

226

 

27

 

3,414

 

3,641

 

227

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating results = EBIT

 

2,360

 

2,615

 

2,897

 

2,307

 

2,578

 

2,911

 

-53

 

-37

 

14

 

7,872

 

7,796

 

-76

 

Depreciation, amortization and impairment losses

 

-2,558

 

-2,610

 

-2,590

 

-2,534

 

-2,610

 

-2,590

 

24

 

 

 

 

 

-7,758

 

-7,734

 

24

 

EBITDA

 

4,918

 

5,225

 

5,487

 

4,841

 

5,188

 

5,501

 

-77

 

-37

 

14

 

15,630

 

15,530

 

-100

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net debt

 

42,635

 

44,533

 

40,798

 

42,997

 

44,548

 

40,795

 

362

 

15

 

-3

 

40,798

 

40,795

 

-3

 

 

7



 

DT Group P&L 2005.

 

Unadjusted.

 

 

 

Reported preliminary IFRS

 

Final IFRS

 

Adjustments

 

Reported preliminary IFRS

 

Final IFRS

 

Adjustments

 

€ millions

 

Q1/05

 

Q2/05

 

Q3/05

 

Q1/05

 

Q2/05

 

Q3/05

 

Q1/05

 

Q2/05

 

Q3/05

 

Q1-Q3/05

 

Q1-Q3/05

 

Q1-Q3/05

 

Revenue

 

14,376

 

14,748

 

15,043

 

14,288

 

14,743

 

15,056

 

-88

 

-5

 

13

 

44,167

 

44,087

 

-80

 

Cost of sales

 

-7,526

 

-7,649

 

-7,697

 

-7,525

 

-7,688

 

-7,697

 

1

 

-39

 

 

 

-22,872

 

-22,910

 

-38

 

Gross profit/loss from sales

 

6,850

 

7,099

 

7,346

 

6,763

 

7,055

 

7,359

 

-87

 

-44

 

13

 

21,295

 

21,177

 

-118

 

Selling costs

 

-3,434

 

-3,507

 

-3,503

 

-3,435

 

-3,511

 

-3,513

 

-1

 

-4

 

-10

 

-10,444

 

-10,459

 

-15

 

General administrative costs

 

-1,037

 

-1,058

 

-1,033

 

-1,026

 

-1,047

 

-1,022

 

11

 

11

 

11

 

-3,128

 

-3,095

 

33

 

Other operating income

 

279

 

354

 

200

 

279

 

354

 

200

 

 

 

 

 

 

 

833

 

833

 

 

 

Other operating expenses

 

-318

 

-279

 

-234

 

-294

 

-279

 

-234

 

24

 

 

 

 

 

-831

 

-807

 

24

 

Operating results = EBIT

 

2,340

 

2,609

 

2,776

 

2,287

 

2,572

 

2,790

 

-53

 

-37

 

14

 

7,725

 

7,649

 

-76

 

Financial income/expense, net

 

-721

 

-782

 

361

 

-715

 

-452

 

384

 

6

 

330

 

23

 

-1,142

 

-783

 

359

 

of which: net interest expenses

 

-743

 

-792

 

-689

 

-707

 

-464

 

-674

 

36

 

328

 

15

 

-2,224

 

-1,845

 

379

 

Income before taxes = EBT

 

1,619

 

1,827

 

3,137

 

1,572

 

2,120

 

3,174

 

-47

 

293

 

37

 

6,583

 

6,866

 

283

 

Income taxes

 

-486

 

-763

 

-585

 

-466

 

-831

 

-595

 

20

 

-68

 

-10

 

-1,834

 

-1,892

 

-58

 

Income (loss) after taxes

 

1,133

 

1,064

 

2,552

 

1,106

 

1,289

 

2,579

 

-27

 

225

 

27

 

4,749

 

4,974

 

225

 

Income/losses applicable to minority shareholders

 

123

 

121

 

137

 

122

 

120

 

137

 

-1

 

-1

 

 

 

381

 

379

 

-2

 

Net income (loss)

 

1,010

 

943

 

2,415

 

984

 

1,169

 

2,442

 

-26

 

226

 

27

 

4,368

 

4,595

 

227

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating results = EBIT

 

2,340

 

2,609

 

2,776

 

2,287

 

2,572

 

2,790

 

-53

 

-37

 

14

 

7,725

 

7,649

 

-76

 

Depreciation, amortization and impairment losses

 

-2,558

 

-2,610

 

-2,590

 

-2,534

 

-2,610

 

-2,590

 

24

 

 

 

 

 

-7,758

 

-7,734

 

24

 

EBITDA

 

4,898

 

5,219

 

5,366

 

4,821

 

5,182

 

5,380

 

-77

 

-37

 

14

 

15,483

 

15,383

 

-100

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net debt

 

42,635

 

44,533

 

40,798

 

42,997

 

44,548

 

40,795

 

362

 

15

 

-3

 

40,798

 

40,795

 

-3

 

 

8



 

DT Group P&L 2004.

 

Adjusted for special influences.

 

 

 

Reported preliminary IFRS

 

Final IFRS

 

Adjustments

 

Reported
preliminary
IFRS

 

Final
IFRS

 

Adjustments

 

€ millions

 

Q1/04

 

Q2/04

 

Q3/04

 

Q4/04

 

Q1/04

 

Q2/04

 

Q3/04

 

Q4/04

 

Q1/04

 

Q2/04

 

Q3/04

 

Q4/04

 

FY 2004

 

FY 2004

 

FY 2004

 

Revenue

 

13,890

 

14,377

 

14,353

 

14,740

 

13,894

 

14,379

 

14,356

 

14,724

 

4

 

2

 

3

 

-16

 

57,360

 

57,353

 

-7

 

Cost of sales

 

-7,219

 

-7,618

 

-7,514

 

-7,872

 

-7,219

 

-7,615

 

-7,513

 

-7,872

 

 

 

3

 

1

 

 

 

-30,223

 

-30,219

 

4

 

Gross profit/loss from sales

 

6,671

 

6,759

 

6,839

 

6,868

 

6,675

 

6,764

 

6,843

 

6,852

 

4

 

5

 

4

 

-16

 

27,137

 

27,134

 

-3

 

Selling costs

 

-3,207

 

-3,072

 

-3,031

 

-3,503

 

-3,208

 

-3,074

 

-3,048

 

-3,516

 

-1

 

-2

 

-17

 

-13

 

-12,813

 

-12,846

 

-33

 

General administrative costs

 

-1,034

 

-1,148

 

-1,002

 

-1,184

 

-1,034

 

-1,147

 

-986

 

-1,172

 

 

 

1

 

16

 

12

 

-4,368

 

-4,339

 

29

 

Other operating income

 

361

 

398

 

396

 

479

 

361

 

398

 

396

 

479

 

 

 

 

 

 

 

 

 

1,634

 

1,634

 

 

 

Other operating expenses

 

-306

 

-375

 

-331

 

-380

 

-297

 

-375

 

-331

 

-389

 

9

 

 

 

 

 

-9

 

-1,392

 

-1,392

 

 

 

Operating results = EBIT

 

2,485

 

2,562

 

2,871

 

2,280

 

2,497

 

2,566

 

2,874

 

2,254

 

12

 

4

 

3

 

-26

 

10,198

 

10,191

 

-7

 

Financial income/expense, net

 

-1,224

 

-788

 

-1,024

 

-937

 

-1,209

 

-773

 

-1,002

 

-942

 

15

 

15

 

22

 

-5

 

-3,973

 

-3,926

 

47

 

of which: net interest expenses

 

-894

 

-895

 

-827

 

-738

 

-826

 

-887

 

-809

 

-758

 

68

 

8

 

18

 

-20

 

-3,354

 

-3,280

 

74

 

Income before taxes = EBT

 

1,261

 

1,774

 

1,847

 

1,343

 

1,288

 

1,793

 

1,872

 

1,312

 

27

 

19

 

25

 

-31

 

6,225

 

6,265

 

40

 

Income taxes

 

-440

 

-430

 

-560

 

-657

 

-385

 

-498

 

-620

 

-604

 

55

 

-68

 

-60

 

53

 

-2,087

 

-2,107

 

-20

 

Income (loss) after taxes

 

821

 

1,344

 

1,287

 

686

 

903

 

1,295

 

1,252

 

708

 

82

 

-49

 

-35

 

22

 

4,138

 

4,158

 

20

 

Income/losses applicable to minority shareholders

 

130

 

122

 

135

 

94

 

130

 

121

 

134

 

94

 

 

 

-1

 

-1

 

 

 

481

 

479

 

-2

 

Net income (loss)

 

691

 

1,222

 

1,152

 

592

 

773

 

1,174

 

1,118

 

614

 

82

 

-48

 

-34

 

22

 

3,657

 

3,679

 

22

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating results = EBIT

 

2,485

 

2,562

 

2,871

 

2,280

 

2,497

 

2,566

 

2,874

 

2,254

 

12

 

4

 

3

 

-26

 

10,198

 

10,191

 

-7

 

Depreciation, amortization and impairment losses

 

-2,190

 

-2,361

 

-2,422

 

-2,446

 

-2,191

 

-2,360

 

-2,423

 

-2,455

 

-1

 

1

 

-1

 

-9

 

-9,419

 

-9,429

 

-10

 

EBITDA

 

4,675

 

4,923

 

5,293

 

4,726

 

4,688

 

4,926

 

5,297

 

4,709

 

13

 

3

 

4

 

-17

 

19,617

 

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