05/12/2022 | Press release | Distributed by Public on 05/12/2022 02:27
OTE Group - Segment Reporting Excel File 2021-2022 |
For more information please contact OTE Investor Relations Tel: +30 210 6118190 Fax: +30 210 611 1030 or visit: https://www.cosmote.gr/fixed/en/corporate/ir |
Note: The purpose and calculations of all 'Adjusted' data and the Alternative Performance Measures presented are detailed in the Alternative Performance Measures Section in the Quarterly Press Releases |
https://www.cosmote.gr/cs/otegroup/en/oikonomikes_katastaseis_omilou_ote_kai_ae.html |
Note: The purpose and calculations of all 'Adjusted' data are detailed in the Alternative Performance Measures Section. Note: All figures in 2021 adjusted to reflect only continuing operations; TELEKOM ROMANIA operations along with certain significant commercial transactions (MVNO agreement and handset sales) that existed between TELEKOM ROMANIA and TELEKOM ROMANIA MOBILE (Romania mobile) until the completion of the sale of TELEKOM ROMANIA have been treated as discontinued operations. The sale was concluded on September 30, 2021.
https://www.cosmote.gr/cs/otegroup/en/oikonomikes_katastaseis_omilou_ote_kai_ae.htmlQ1 2018 | OTE SA. | Cosmote Greece | Cosmote Romania | Romania Fixed | All Other | Eliminations Adjustments | Group Consolidated | GREECE | ROMANIA |
Fixed Business: | |||||||||
Retail services revenues | 225.2 | 0.0 | 0.0 | 65.9 | 0.0 | (0.4) | 290.7 | 224.9 | 65.8 |
Wholesale services revenues | 82.6 | 0.0 | 0.0 | 24.8 | 85.1 | (33.6) | 158.9 | 139.9 | 19.6 |
Other revenues | 51.1 | 7.8 | 0.1 | 17.6 | 0.6 | (7.9) | 69.3 | 56.7 | 17.4 |
Total revenues from fixed business | 358.9 | 7.8 | 0.1 | 108.3 | 85.7 | (41.9) | 518.9 | 421.5 | 102.8 |
Mobile Business: | |||||||||
Service revenues | 0.0 | 216.3 | 73.1 | 9.2 | 0.0 | (4.2) | 294.4 | 212.6 | 81.6 |
Handset revenues | 7.6 | 36.6 | 27.9 | 7.8 | (18.7) | 61.2 | 35.0 | 26.1 | |
Other revenues | 0.0 | 18.1 | 19.5 | 0.2 | (31.1) | 6.7 | 0.3 | 6.5 | |
Total revenues from mobile business | 7.6 | 271.0 | 120.5 | 17.2 | 0.0 | (54.0) | 362.3 | 247.9 | 114.2 |
Miscellaneous other revenues: | |||||||||
Miscellaneous other revenues | 18.6 | 0.2 | 0.7 | 11.2 | 23.4 | (28.4) | 25.7 | 16.1 | 9.5 |
Total Revenues | 385.1 | 279.0 | 121.3 | 136.7 | 109.1 | (124.3) | 906.9 | 685.5 | 226.5 |
Other Operating Income | 3.2 | 3.0 | 2.4 | 6.4 | 0.2 | (3.3) | 11.9 | 3.4 | 8.5 |
Interconnection and roaming costs | (22.3) | (17.3) | (25.3) | (28.8) | (73.1) | 38.2 | (128.6) | (92.3) | (37.9) |
Provision for doubtful accounts | (7.0) | (12.4) | (5.7) | (4.2) | 0.0 | 0.0 | (29.3) | (19.4) | (9.9) |
Personnel costs | (50.1) | (30.0) | (7.3) | (17.2) | (4.8) | (16.5) | (125.9) | (101.6) | (24.3) |
Costs related to voluntary leave schemes | 0.0 | 0.0 | 0.0 | (0.2) | 0.0 | 0.0 | (0.2) | 0.0 | (0.2) |
Commission costs | (4.8) | (18.9) | (5.5) | (6.7) | 0.0 | 10.7 | (25.2) | (15.1) | (10.7) |
Merchandise costs | (15.8) | (39.6) | (34.4) | (14.2) | (0.2) | 18.6 | (85.6) | (46.8) | (38.8) |
Maintenance and repairs | (9.9) | (7.5) | (3.0) | (7.8) | (0.4) | 1.7 | (26.9) | (16.3) | (10.7) |
Marketing | (6.3) | (9.1) | (2.3) | (2.4) | (0.1) | 0.0 | (20.2) | (15.5) | (4.7) |
Other operating expenses | (85.0) | (64.9) | (24.2) | (44.7) | (18.7) | 73.8 | (163.7) | (101.6) | (64.9) |
Total operating expenses before depreciation, amortization and impairment | (201.2) | (199.7) | (107.7) | (126.2) | (97.3) | 126.5 | (605.6) | (408.6) | (202.1) |
EBITDA | 187.1 | 82.3 | 16.0 | 16.9 | 12.0 | (1.1) | 313.2 | 280.3 | 32.9 |
EBITDA margin % | 48.6% | 29.5% | 13.2% | 12.4% | 11.0% | 0.9% | 34.5% | 40.9% | 14.5% |
Total Opex before depreciation, amortization and impairment, costs related to voluntary leave schemes and other restructuring costs and non-recurring litigations | (201.2) | (199.7) | (107.7) | (126.0) | (97.3) | 126.5 | (605.4) | (408.6) | (201.9) |
Adjusted EBITDA | 187.1 | 82.3 | 16.0 | 17.1 | 12.0 | (1.1) | 313.4 | 280.3 | 33.1 |
Adjusted EBITDA margin (%) | 48.6% | 29.5% | 13.2% | 12.5% | 11.0% | 0.9% | 34.6% | 40.9% | 14.6% |
Depreciation, amortization and impairment | (78.5) | (54.9) | (35.1) | (26.2) | (6.5) | 0.2 | (201.0) | (139.7) | (61.3) |
Operating profit before financial and investing activities | 108.6 | 27.4 | (19.1) | (9.3) | 5.5 | (0.9) | 112.2 | 140.6 | (28.4) |
Q2 2018 | OTE SA. | Cosmote Greece | Cosmote Romania | Romania Fixed | All Other | Eliminations Adjustments | Group Consolidated | GREECE | ROMANIA |
Fixed Business: | |||||||||
Retail services revenues | 227.4 | 0.0 | 0.0 | 62.7 | 0.0 | (0.5) | 289.6 | 227.0 | 62.6 |
Wholesale services revenues | 80.0 | 0.0 | 0.0 | 33.5 | 84.0 | (36.4) | 161.1 | 133.6 | 28.2 |
Other revenues | 54.8 | 8.4 | 0.2 | 18.9 | 1.1 | (8.0) | 75.4 | 61.1 | 19.0 |
Total revenues from fixed business | 362.2 | 8.4 | 0.2 | 115.1 | 85.1 | (44.9) | 526.1 | 421.7 | 109.8 |
Mobile Business: | |||||||||
Service revenues | 0.0 | 238.2 | 73.8 | 9.6 | 0.0 | (5.5) | 316.1 | 233.9 | 82.4 |
Handset revenues | 8.1 | 38.5 | 23.6 | 6.4 | 0.0 | (15.3) | 61.3 | 37.7 | 23.7 |
Other revenues | 0.0 | 18.6 | 26.2 | 0.0 | 0.0 | (34.6) | 10.2 | 0.6 | 9.6 |
Total revenues from mobile business | 8.1 | 295.3 | 123.6 | 16.0 | 0.0 | (55.4) | 387.6 | 272.2 | 115.7 |
Miscellaneous other revenues: | |||||||||
Miscellaneous other revenues | 20.3 | 0.3 | 0.7 | 12.9 | 24.2 | (28.7) | 29.7 | 17.4 | 12.3 |
Total Revenues | 390.6 | 304.0 | 124.5 | 144.0 | 109.3 | (129.0) | 943.4 | 711.3 | 237.8 |
Other Operating Income | 1.2 | 3.1 | (0.2) | 13.3 | 1.2 | (3.1) | 15.5 | 2.9 | 12.7 |
Interconnection and roaming costs | (24.2) | (18.8) | (25.2) | (38.9) | (71.6) | 45.7 | (133.0) | (89.9) | (44.7) |
Provision for doubtful accounts | (7.2) | (9.9) | (5.1) | (9.8) | (0.2) | 0.0 | (32.2) | (17.3) | (14.9) |
Personnel costs | (70.7) | (25.3) | (7.8) | (22.9) | (4.8) | (27.1) | (158.6) | (128.0) | (30.6) |
Costs related to voluntary leave schemes | (33.1) | (2.7) | (0.4) | (0.7) | 0.0 | 0.0 | (36.9) | (35.8) | (1.1) |
Commission costs | (5.2) | (17.6) | (3.8) | (5.9) | (0.1) | 11.8 | (20.8) | (13.8) | (8.1) |
Merchandise costs | (16.2) | (38.5) | (28.9) | (16.4) | (0.6) | 14.6 | (86.0) | (46.7) | (39.3) |
Maintenance and repairs | (10.0) | (5.7) | (3.0) | (7.1) | (0.4) | 0.9 | (25.3) | (15.3) | (10.0) |
Marketing | (4.3) | (14.0) | (3.1) | (2.9) | (0.1) | 0.0 | (24.4) | (18.5) | (5.9) |
Other operating expenses | (90.1) | (75.8) | (20.2) | (43.3) | (19.6) | 86.5 | (162.5) | (105.9) | (59.7) |
Total operating expenses before depreciation, amortization and impairment | (261.0) | (208.3) | (97.5) | (147.9) | (97.4) | 132.4 | (679.7) | (471.2) | (214.3) |
EBITDA | 130.8 | 98.8 | 26.8 | 9.4 | 13.1 | 0.3 | 279.2 | 243.0 | 36.2 |
EBITDA margin % | 33.5% | 32.5% | 21.5% | 6.5% | 12.0% | -0.2% | 29.6% | 34.2% | 15.2% |
Total Opex before depreciation, amortization and impairment, costs related to voluntary leave schemes and other restructuring costs and non-recurring litigations | (227.6) | (205.6) | (97.1) | (147.2) | (97.4) | 132.4 | (642.5) | (435.1) | (213.2) |
Adjusted EBITDA | 164.2 | 101.5 | 27.2 | 10.1 | 13.1 | 0.3 | 316.4 | 279.1 | 37.3 |
Adjusted EBITDA margin (%) | 42.0% | 33.4% | 21.8% | 7.0% | 12.0% | -0.2% | 33.5% | 39.2% | 15.7% |
Depreciation, amortization and impairment | (75.8) | (54.4) | (22.7) | (23.9) | (6.4) | 0.2 | (183.0) | (136.4) | (46.6) |
Operating profit before financial and investing activities | 55.0 | 44.4 | 4.1 | (14.5) | 6.7 | 0.5 | 96.2 | 106.6 | (10.4) |
Q3 2018 | OTE SA. | Cosmote Greece | Cosmote Romania | Romania Fixed | All Other | Eliminations Adjustments | Group Consolidated | GREECE | ROMANIA |
Fixed Business: | |||||||||
Retail services revenues | 232.9 | 0.0 | 0.0 | 60.1 | 0.0 | (0.3) | 292.7 | 232.7 | 60.0 |
Wholesale services revenues | 81.6 | 0.0 | 0.0 | 30.0 | 105.7 | (44.4) | 172.9 | 149.0 | 24.5 |
Other revenues | 52.8 | 8.4 | 0.0 | 17.0 | 1.1 | (8.6) | 70.7 | 58.7 | 16.8 |
Total revenues from fixed business | 367.3 | 8.4 | 0.0 | 107.1 | 106.8 | (53.3) | 536.3 | 440.4 | 101.3 |
Mobile Business: | |||||||||
Service revenues | 0.0 | 262.5 | 72.7 | 10.2 | 0.0 | (6.3) | 339.1 | 257.4 | 82.0 |
Handset revenues | 9.3 | 41.3 | 23.2 | 7.3 | 0.0 | (15.7) | 65.4 | 39.8 | 25.6 |
Other revenues | 0.0 | 19.2 | 21.3 | 0.4 | 0.0 | (36.4) | 4.5 | 0.4 | 4.1 |
Total revenues from mobile business | 9.3 | 323.0 | 117.2 | 17.9 | 0.0 | (58.4) | 409.0 | 297.6 | 111.7 |
Miscellaneous other revenues: | |||||||||
Miscellaneous other revenues | 19.4 | 0.1 | 0.7 | 14.4 | 23.5 | (28.0) | 30.1 | 16.4 | 13.7 |
Total Revenues | 396.0 | 331.5 | 117.9 | 139.4 | 130.3 | (139.7) | 975.4 | 754.4 | 226.7 |
Other Operating Income | 0.6 | 1.8 | 1.4 | 26.1 | 0.3 | (2.2) | 28.0 | 0.8 | 27.2 |
Interconnection and roaming costs | (31.8) | (21.1) | (23.7) | (37.1) | (91.5) | 55.0 | (150.2) | (111.1) | (41.2) |
Provision for doubtful accounts | (8.4) | (7.8) | (11.2) | (4.0) | 0.0 | 0.0 | (31.4) | (16.2) | (15.2) |
Personnel costs | (67.9) | (28.2) | (7.6) | (20.8) | (4.7) | (16.6) | (145.8) | (117.1) | (28.7) |
Costs related to voluntary leave schemes | (2.5) | (1.7) | (0.1) | (1.9) | 0.0 | 0.0 | (6.2) | (4.2) | (2.0) |
Commission costs | (5.0) | (18.0) | (5.8) | (5.9) | 0.0 | 11.5 | (23.2) | (14.0) | (10.0) |
Merchandise costs | (13.3) | (37.5) | (29.1) | (13.4) | (0.6) | 15.5 | (78.4) | (41.4) | (37.1) |
Maintenance and repairs | (8.5) | (6.6) | (2.8) | (7.7) | (0.4) | 0.7 | (25.3) | (14.9) | (10.6) |
Marketing | (6.5) | (10.3) | (1.9) | (2.0) | (0.1) | 0.0 | (20.8) | (16.8) | (4.0) |
Other operating expenses | (88.2) | (64.8) | (26.0) | (44.6) | (18.7) | 75.8 | (166.5) | (103.1) | (65.9) |
Total operating expenses before depreciation, amortization and impairment | (232.1) | (196.0) | (108.2) | (137.4) | (116.0) | 141.9 | (647.8) | (438.8) | (214.7) |
EBITDA | 164.5 | 137.3 | 11.1 | 28.1 | 14.6 | (0.0) | 355.6 | 316.4 | 39.2 |
EBITDA margin % | 41.5% | 41.4% | 9.4% | 20.2% | 11.2% | 0.0% | 36.5% | 41.9% | 17.3% |
Total Opex before depreciation, amortization and impairment, costs related to voluntary leave schemes and other restructuring costs and non-recurring litigations | (229.6) | (194.3) | (108.1) | (135.5) | (116.0) | 141.9 | (641.6) | (434.6) | (212.7) |
Adjusted EBITDA | 167.0 | 139.0 | 11.2 | 30.0 | 14.6 | 0.0 | 361.8 | 320.6 | 41.2 |
Adjusted EBITDA margin (%) | 42.2% | 41.9% | 9.5% | 21.5% | 11.2% | 0.0% | 37.1% | 42.5% | 18.2% |
Depreciation, amortization and impairment | (76.6) | (54.0) | (21.1) | (25.3) | (6.5) | 0.3 | (183.2) | (136.8) | (46.4) |
Operating profit before financial and investing activities | 87.9 | 83.3 | (10.0) | 2.8 | 8.1 | 0.3 | 172.4 | 179.6 | (7.2) |
Q4 2018 | OTE SA. | Cosmote Greece | Cosmote Romania | Romania Fixed | All Other | Eliminations Adjustments | Group Consolidated | GREECE | ROMANIA |
Fixed Business: | |||||||||
Retail services revenues | 231.3 | 0.0 | 0.0 | 58.6 | 0.0 | (0.3) | 289.6 | 230.9 | 58.5 |
Wholesale services revenues | 82.9 | 0.0 | 0.0 | 45.2 | 78.1 | (36.2) | 170.0 | 131.1 | 39.5 |
Other revenues | 70.0 | 8.6 | 0.0 | 21.1 | 1.3 | (8.3) | 92.7 | 76.6 | 20.7 |
Total revenues from fixed business | 384.2 | 8.6 | 0.0 | 124.9 | 79.4 | (44.8) | 552.3 | 438.6 | 118.7 |
Mobile Business: | |||||||||
Service revenues | 0.0 | 226.8 | 65.5 | 10.8 | 0.0 | (5.4) | 297.7 | 222.4 | 75.6 |
Handset revenues | 9.0 | 54.8 | 25.2 | 5.8 | 0.0 | (14.4) | 80.4 | 56.1 | 24.4 |
Other revenues | 0.0 | 21.2 | 12.1 | 0.2 | 0.0 | (31.5) | 2.0 | 0.7 | 1.1 |
Total revenues from mobile business | 9.0 | 302.8 | 102.8 | 16.8 | 0.0 | (51.3) | 380.1 | 279.2 | 101.1 |
Miscellaneous other revenues: | |||||||||
Miscellaneous other revenues | 17.7 | 0.3 | 6.5 | 17.7 | 26.3 | (27.9) | 40.6 | 18.6 | 22.4 |
Total Revenues | 410.9 | 311.7 | 109.3 | 159.4 | 105.7 | (124.0) | 973.0 | 736.4 | 242.2 |
Other Operating Income | 9.0 | 2.4 | 4.2 | 14.8 | 1.5 | (4.3) | 27.6 | 9.0 | 18.6 |
Interconnection and roaming costs | (22.9) | (19.7) | (25.7) | (44.2) | (64.7) | 38.2 | (139.0) | (84.2) | (56.4) |
Provision for doubtful accounts | (11.6) | 0.2 | (39.7) | (5.6) | (0.5) | 0.0 | (57.2) | (11.9) | (45.3) |
Personnel costs | (58.8) | (28.3) | (2.3) | (14.2) | (4.6) | (25.2) | (133.4) | (116.9) | (16.5) |
Costs related to voluntary leave schemes | (3.5) | (0.4) | (0.5) | (3.0) | (0.3) | 0.0 | (7.7) | (4.2) | (3.5) |
Commission costs | (5.6) | (19.5) | (7.1) | (6.6) | 0.0 | 12.1 | (26.7) | (15.6) | (12.1) |
Merchandise costs | (22.4) | (52.0) | (34.4) | (21.8) | (0.7) | 14.0 | (117.3) | (67.2) | (50.1) |
Maintenance and repairs | (6.4) | (6.1) | (1.4) | (3.7) | (0.8) | 1.8 | (16.6) | (11.7) | (5.1) |
Marketing | (7.0) | (7.7) | (2.2) | (1.3) | (0.2) | 0.1 | (18.3) | (14.8) | (3.5) |
Other operating expenses | (112.8) | (71.8) | (26.2) | (41.2) | (16.9) | 87.4 | (181.5) | (122.6) | (61.7) |
Total operating expenses before depreciation, amortization and impairment | (251.0) | (205.3) | (139.5) | (141.6) | (88.7) | 128.4 | (697.7) | (449.1) | (254.2) |
EBITDA | 168.9 | 108.8 | (26.0) | 32.6 | 18.5 | 0.1 | 302.9 | 296.3 | 6.6 |
EBITDA margin % | 41.1% | 34.9% | -23.8% | 20.5% | 17.5% | -0.1% | 31.1% | 40.2% | 2.7% |
Total Opex before depreciation, amortization and impairment, costs related to voluntary leave schemes and other restructuring costs and non-recurring litigations | (247.5) | (204.9) | (124.4) | (138.6) | (88.4) | 128.4 | (675.4) | (444.9) | (236.1) |
Adjusted EBITDA | 172.4 | 109.2 | (10.9) | 35.6 | 18.8 | 0.1 | 325.2 | 300.5 | 24.7 |
Adjusted EBITDA margin (%) | 42.0% | 35.0% | -10.0% | 22.3% | 17.8% | -0.1% | 33.4% | 40.8% | 10.2% |
Depreciation, amortization and impairment | (81.6) | (54.9) | (17.5) | (28.0) | (6.8) | 0.3 | (188.5) | (143.0) | (45.5) |
Operating profit before financial and investing activities | 87.3 | 53.9 | (43.5) | 4.6 | 11.7 | 0.4 | 114.4 | 153.3 | (38.9) |
12M 2018 | OTE SA. | Cosmote Greece | Cosmote Romania | Romania Fixed | All Other | Eliminations Adjustments | Group Consolidated | GREECE | ROMANIA |
Fixed Business: | |||||||||
Retail services revenues | 916.8 | 0.0 | 0.0 | 247.3 | 0.0 | (1.5) | 1,162.6 | 915.5 | 246.9 |
Wholesale services revenues | 327.1 | 0.0 | 0.0 | 133.5 | 352.9 | (150.6) | 662.9 | 553.6 | 111.8 |
Other revenues | 228.7 | 33.2 | 0.3 | 74.6 | 4.1 | (32.8) | 308.1 | 253.1 | 73.9 |
Total revenues from fixed business | 1,472.6 | 33.2 | 0.3 | 455.4 | 357.0 | (184.9) | 2,133.6 | 1,722.2 | 432.6 |
Mobile Business: | |||||||||
Service revenues | 0.0 | 943.8 | 285.1 | 39.8 | 0.0 | (21.4) | 1,247.3 | 926.3 | 321.6 |
Handset revenues | 34.0 | 171.2 | 99.9 | 27.3 | 0.0 | (64.1) | 268.3 | 168.6 | 99.8 |
Other revenues | 0.0 | 77.1 | 79.1 | 0.8 | 0.0 | (133.6) | 23.4 | 2.0 | 21.3 |
Total revenues from mobile business | 34.0 | 1,192.1 | 464.1 | 67.9 | 0.0 | (219.1) | 1,539.0 | 1,096.9 | 442.7 |
Miscellaneous other revenues: | |||||||||
Miscellaneous other revenues | 76.0 | 0.9 | 8.6 | 56.2 | 97.4 | (113.0) | 126.1 | 68.5 | 57.9 |
Total Revenues | 1,582.6 | 1,226.2 | 473.0 | 579.5 | 454.4 | (517.0) | 3,798.7 | 2,887.6 | 933.2 |
Other Operating Income | 14.0 | 10.3 | 7.8 | 60.6 | 3.2 | (12.9) | 83.0 | 16.1 | 67.0 |
Interconnection and roaming costs | (101.2) | (76.9) | (99.9) | (149.0) | (300.9) | 177.1 | (550.8) | (377.5) | (180.2) |
Provision for doubtful accounts | (34.2) | (29.9) | (61.7) | (23.6) | (0.7) | 0.0 | (150.1) | (64.8) | (85.3) |
Personnel costs | (247.5) | (111.8) | (25.0) | (75.1) | (18.9) | (85.4) | (563.7) | (463.6) | (100.1) |
Costs related to voluntary leave schemes | (39.1) | (4.8) | (1.0) | (5.8) | (0.3) | 0.0 | (51.0) | (44.2) | (6.8) |
Commission costs | (20.6) | (74.0) | (22.2) | (25.1) | (0.1) | 46.1 | (95.9) | (58.5) | (40.9) |
Merchandise costs | (67.7) | (167.6) | (126.8) | (65.8) | (2.1) | 62.7 | (367.3) | (202.1) | (165.3) |
Maintenance and repairs | (34.8) | (25.9) | (10.2) | (26.3) | (2.0) | 5.1 | (94.1) | (58.2) | (36.4) |
Marketing | (24.1) | (41.1) | (9.5) | (8.6) | (0.5) | 0.1 | (83.7) | (65.6) | (18.1) |
Other operating expenses | (376.1) | (277.3) | (96.6) | (173.8) | (73.9) | 323.5 | (674.2) | (433.2) | (252.2) |
Total operating expenses before depreciation, amortization and impairment | (945.3) | (809.3) | (452.9) | (553.1) | (399.4) | 529.2 | (2,630.8) | (1,767.7) | (885.3) |
EBITDA | 651.3 | 427.2 | 27.9 | 87.0 | 58.2 | (0.7) | 1,250.9 | 1,136.0 | 114.9 |
EBITDA margin % | 41.2% | 34.8% | 5.9% | 15.0% | 12.8% | 0.1% | 32.9% | 39.3% | 12.3% |
Total Opex before depreciation, amortization and impairment, costs related to voluntary leave schemes and other restructuring costs and non-recurring litigations | (905.9) | (804.5) | (437.3) | (547.3) | (399.1) | 529.2 | (2,564.9) | (1,723.2) | (863.9) |
Adjusted EBITDA | 690.7 | 432.0 | 43.5 | 92.8 | 58.5 | (0.7) | 1,316.8 | 1,180.5 | 136.3 |
Adjusted EBITDA margin (%) | 43.6% | 35.2% | 9.2% | 16.0% | 12.9% | 0.1% | 34.7% | 40.9% | 14.6% |
Depreciation, amortization and impairment | (312.5) | (218.2) | (96.4) | (103.4) | (26.2) | 1.0 | (755.7) | (555.9) | (199.8) |
Operating profit before financial and investing activities | 338.8 | 209.0 | (68.5) | (16.4) | 32.0 | 0.3 | 495.2 | 580.1 | (84.9) |
Q1 2021 | Group Consolidated | GREECE | ROMANIA mobile | Group eliminations |
Fixed Business: | ||||
Retail services revenues | 233.1 | 233.1 | 0.0 | 0.0 |
Wholesale services revenues | 135.8 | 135.9 | 0.0 | (0.1) |
Other revenues | 62.8 | 65.1 | 0.1 | (2.4) |
Total revenues from fixed business | 431.7 | 434.1 | 0.1 | (2.5) |
Mobile Business: | ||||
Service revenues | 275.4 | 221.6 | 54.9 | (1.1) |
Handset revenues | 60.3 | 45.3 | 15.0 | 0.0 |
Other revenues | 4.5 | 0.6 | 6.4 | (2.5) |
Total revenues from mobile business | 340.2 | 267.5 | 76.3 | (3.6) |
Miscellaneous other revenues: | ||||
Miscellaneous other revenues | 16.0 | 15.4 | 0.8 | (0.2) |
Total Revenues | 787.9 | 717.0 | 77.2 | (6.3) |
Other Operating Income | 3.8 | 2.3 | 1.5 | 0.0 |
Interconnection and roaming costs | (100.3) | (87.2) | (14.6) | 1.5 |
Provision for expected credit losses | (19.6) | (13.0) | (6.6) | 0.0 |
Personnel costs | (115.2) | (110.7) | (4.5) | 0.0 |
Costs related to voluntary leave schemes | 0.0 | 0.0 | 0.0 | 0.0 |
Commission costs | (18.5) | (13.8) | (6.4) | 1.7 |
Merchandise costs | (72.4) | (57.2) | (15.3) | 0.1 |
Maintenance and repairs | (21.9) | (17.3) | (4.7) | 0.1 |
Marketing | (14.8) | (13.0) | (1.8) | 0.0 |
Other operating expenses | (106.0) | (92.0) | (16.8) | 2.8 |
Total operating expenses before depreciation, amortization and impairment | (468.7) | (404.2) | (70.7) | 6.2 |
EBITDA | 323.0 | 315.1 | 8.0 | (0.1) |
EBITDA margin % | 41.0% | 43.9% | 10.4% | |
Total Opex before depreciation, amortization and impairment, costs related to voluntary leave schemes and other restructuring costs and non-recurring litigations | (468.7) | (404.2) | (70.7) | 6.2 |
Adjusted EBITDA | 323.0 | 315.1 | 8.0 | (0.1) |
Adjusted EBITDA margin (%) | 41.0% | 43.9% | 10.4% | |
Depreciation, amortization and impairment | (164.2) | (153.9) | (10.4) | 0.1 |
Operating profit/(loss) before financial and investing activities | 158.8 | 161.2 | (2.4) | 0.0 |
Adjusted EBITDA (AL) - After Lease | ||||
Adjusted EBITDA | 323.0 | 315.1 | 8.0 | (0.1) |
Depreciation of lessee use rights to leased assets and the Interest expense on leases | (21.8) | (16.8) | (5.1) | 0.1 |
Adjusted EBITDA After Lease (AL) | 301.2 | 298.3 | 2.9 | (0.0) |
margin (%) | 38.2% | 41.6% | 3.8% |
Q1 2022 | Group Consolidated | GREECE | ROMANIA mobile | Group eliminations |
Fixed Business: | ||||
Retail services revenues | 239.6 | 239.6 | 0.0 | 0.0 |
Wholesale services revenues | 143.6 | 143.7 | 0.0 | (0.1) |
Other revenues | 69.5 | 70.7 | 0.0 | (1.2) |
Total revenues from fixed business | 452.7 | 454.0 | 0.0 | (1.3) |
Mobile Business: | ||||
Service revenues | 284.0 | 231.6 | 52.4 | 0.0 |
Handset revenues | 57.8 | 42.7 | 15.2 | (0.1) |
Other revenues | 10.8 | 0.4 | 10.3 | 0.1 |
Total revenues from mobile business | 352.6 | 274.7 | 77.9 | 0.0 |
Miscellaneous other revenues: | ||||
Miscellaneous other revenues | 20.0 | 19.5 | 0.5 | 0.0 |
Total Revenues | 825.3 | 748.2 | 78.4 | (1.3) |
Other Operating Income | 5.1 | 4.3 | 0.8 | 0.0 |
Interconnection and roaming costs | (107.1) | (94.9) | (12.2) | 0.0 |
Provision for expected credit losses | (13.0) | (9.6) | (3.4) | 0.0 |
Personnel costs | (113.1) | (108.4) | (4.7) | 0.0 |
Costs related to voluntary leave schemes | (0.1) | 0.0 | (0.1) | 0.0 |
Commission costs | (19.8) | (16.0) | (4.4) | 0.6 |
Merchandise costs | (74.9) | (59.0) | (16.0) | 0.1 |
Maintenance and repairs | (20.3) | (17.5) | (2.8) | 0.0 |
Marketing | (12.5) | (10.5) | (2.0) | 0.0 |
Other operating expenses | (123.5) | (107.9) | (16.2) | 0.6 |
Total operating expenses before depreciation, amortization and impairment | (484.3) | (423.8) | (61.8) | 1.3 |
EBITDA | 346.1 | 328.7 | 17.4 | 0.0 |
EBITDA margin % | 41.9% | 43.9% | 22.2% | |
Total Opex before depreciation, amortization and impairment, costs related to voluntary leave schemes and other restructuring costs and non-recurring litigations | (484.2) | (423.8) | (61.7) | 1.3 |
Adjusted EBITDA | 346.2 | 328.7 | 17.5 | 0.0 |
Adjusted EBITDA margin (%) | 41.9% | 43.9% | 22.3% | |
Depreciation, amortization and impairment | (166.9) | (154.9) | (12.0) | 0.0 |
Operating profit/(loss) before financial and investing activities | 179.2 | 173.8 | 5.4 | 0.0 |
Adjusted EBITDA (AL) - After Lease | ||||
Adjusted EBITDA | 346.2 | 328.7 | 17.5 | 0.0 |
Depreciation of lessee use rights to leased assets and the Interest expense on leases | (20.9) | (15.1) | (5.8) | 0.0 |
Adjusted EBITDA After Lease (AL) | 325.3 | 313.6 | 11.7 | 0.0 |
margin (%) | 39.4% | 41.9% | 14.9% |
FY 2020 | Group Consolidated | GREECE | ROMANIA mobile | Group eliminations | |
Fixed Business: | |||||
Retail services revenues | 938.1 | 938.1 | 0.0 | 0.0 | |
Wholesale services revenues | 574.1 | 574.7 | 0.0 | (0.6) | |
Other revenues | 294.0 | 285.6 | 25.2 | (16.8) | |
Total revenues from fixed business | 1,806.2 | 1,798.4 | 25.2 | (17.4) | |
Mobile Business: | |||||
Service revenues | 1,138.8 | 913.6 | 230.5 | (5.3) | |
Handset revenues | 229.6 | 161.3 | 68.3 | 0.0 | |
Other revenues | 18.9 | 3.5 | 23.0 | (7.6) | |
Total revenues from mobile business | 1,387.3 | 1,078.4 | 321.8 | (12.9) | |
Miscellaneous other revenues: | |||||
Miscellaneous other revenues | 65.4 | 62.9 | 3.4 | (0.9) | |
Total Revenues | 3,258.9 | 2,939.7 | 350.4 | (31.2) | |
Other Operating Income | 10.4 | 8.7 | 1.7 | 0.0 | |
Interconnection and roaming costs | (437.9) | (380.0) | (66.2) | 8.3 | |
Provision for expected credit losses | (78.1) | (60.4) | (17.7) | 0.0 | |
Personnel costs | (481.3) | (462.0) | (19.3) | 0.0 | |
Costs related to voluntary leave schemes | (132.6) | (132.3) | (0.3) | 0.0 | |
Commission costs | (77.8) | (61.0) | (22.3) | 5.5 | |
Merchandise costs | (305.5) | (209.4) | (96.1) | 0.0 | |
Maintenance and repairs | (68.7) | (58.7) | (11.0) | 1.0 | |
Marketing | (63.5) | (56.1) | (7.4) | 0.0 | |
Other operating expenses | (459.3) | (402.1) | (73.4) | 16.2 | |
Total operating expenses before depreciation, amortization and impairment | (2,104.7) | (1,822.0) | (313.7) | 31.0 | |
EBITDA | 1,164.6 | 1,126.4 | 38.4 | (0.2) | |
EBITDA margin % | 35.7% | 38.3% | 11.0% | ||
Total Opex before depreciation, amortization and impairment, costs related to voluntary leave schemes and other restructuring costs and non-recurring litigations | (1,958.6) | (1,680.0) | (309.6) | 31.0 | |
Adjusted EBITDA | 1,310.7 | 1,268.4 | 42.5 | (0.2) | |
Adjusted EBITDA margin (%) | 40.2% | 43.1% | 12.1% | ||
Depreciation, amortization and impairment | (833.2) | (612.7) | (220.7) | 0.2 | |
Operating profit/(loss) before financial and investing activities | 331.4 | 513.7 | (182.3) | 0.0 | |
Adjusted EBITDA (AL) - After Lease | |||||
Adjusted EBITDA | 1,310.7 | 1,268.4 | 42.5 | (0.2) | |
Depreciation of lessee use rights to leased assets and the Interest expense on leases | (87.1) | (69.3) | (18.0) | 0.2 | |
Adjusted EBITDA After Lease (AL) | 1,223.6 | 1,199.1 | 24.5 | 0.0 | . |
margin (%) | 37.5% | 40.8% | 7.0% |
FY 2021 | Group Consolidated | GREECE | ROMANIA mobile | Group eliminations | |
Fixed Business: | |||||
Retail services revenues | 950.8 | 950.8 | 0.0 | 0.0 | |
Wholesale services revenues | 585.3 | 585.6 | 0.0 | (0.3) | |
Other revenues | 293.9 | 303.5 | 5.6 | (15.2) | |
Total revenues from fixed business | 1,830.0 | 1,839.9 | 5.6 | (15.5) | |
Mobile Business: | |||||
Service revenues | 1,172.2 | 953.8 | 221.8 | (3.4) | |
Handset revenues | 270.1 | 211.9 | 58.2 | 0.0 | |
Other revenues | 24.3 | 3.3 | 27.1 | (6.1) | |
Total revenues from mobile business | 1,466.6 | 1,169.0 | 307.1 | (9.5) | |
Miscellaneous other revenues: | |||||
Miscellaneous other revenues | 71.7 | 69.2 | 2.8 | (0.3) | |
Total Revenues | 3,368.3 | 3,078.1 | 315.5 | (25.3) | |
Other Operating Income | 9.2 | 6.2 | 3.5 | (0.5) | |
Interconnection and roaming costs | (447.1) | (392.6) | (60.0) | 5.5 | |
Provision for expected credit losses | (67.6) | (51.3) | (16.3) | 0.0 | |
Personnel costs | (430.6) | (412.1) | (18.5) | 0.0 | |
Costs related to voluntary leave schemes | 121.8 | 122.6 | (0.8) | 0.0 | |
Commission costs | (85.0) | (64.8) | (23.1) | 2.9 | |
Merchandise costs | (325.0) | (264.6) | (65.6) | 5.2 | |
Maintenance and repairs | (74.1) | (64.8) | (9.5) | 0.2 | |
Marketing | (66.0) | (59.0) | (7.0) | 0.0 | |
Other operating expenses | (524.0) | (465.2) | (70.7) | 11.9 | |
Total operating expenses before depreciation, amortization and impairment | (1,897.6) | (1,651.8) | (271.5) | 25.7 | |
EBITDA | 1,479.9 | 1,432.5 | 47.5 | (0.1) | |
EBITDA margin % | 43.9% | 46.5% | 15.1% | ||
Total Opex before depreciation, amortization and impairment, costs related to voluntary leave schemes and other restructuring costs and non-recurring litigations | (1,995.8) | (1,754.2) | (267.3) | 25.7 | |
Adjusted EBITDA | 1,381.7 | 1,330.1 | 51.7 | (0.1) | |
Adjusted EBITDA margin (%) | 41.0% | 43.2% | 16.4% | ||
Depreciation, amortization and impairment | (667.6) | (625.4) | (42.3) | 0.1 | |
Operating profit/(loss) before financial and investing activities | 812.3 | 807.1 | 5.2 | 0.0 | |
Adjusted EBITDA (AL) - After Lease | |||||
Adjusted EBITDA | 1,381.7 | 1,330.1 | 51.7 | (0.1) | |
Depreciation of lessee use rights to leased assets and the Interest expense on leases | (85.8) | (64.7) | (21.2) | 0.1 | |
Adjusted EBITDA After Lease (AL) | 1,295.9 | 1,265.4 | 30.5 | 0.0 | . |
margin (%) | 38.5% | 41.1% | 9.7% |
GROUP CONSOLIDATED STATEMENTS OF FINANCIAL POSITION | ||
Amounts in € mn | 3/31/22 | 12/31/21 |
ASSETS | ||
Non - current assets | ||
Property, plant, and equipmen | 2,074.8 | 2,080.3 |
Right-of-use assets | 259.0 | 264.7 |
Goodwill | 376.6 | 376.6 |
Telecommunication licenses | 340.4 | 348.9 |
Other intangible assets | 373.4 | 387.7 |
Investments | 0.1 | 0.1 |
Loans to pension funds | 67.6 | 68.6 |
Deferred tax assets | 193.0 | 197.9 |
Contract costs | 25.7 | 24.3 |
Other non-current assets | 76.4 | 75.9 |
Total Non - current assets | 3,787.0 | 3,825.0 |
Current assets | ||
Inventories | 46.0 | 38.0 |
Trade receivables | 479.3 | 504.4 |
Other financial assets | 4.9 | 5.6 |
Contract assets | 36.5 | 34.6 |
Other current assets | 166.9 | 176.9 |
Restricted cash | 1.8 | 1.8 |
Cash and cash equivalents | 772.3 | 630.7 |
Total current assets | 1,507.7 | 1,392.0 |
TOTAL ASSETS | 5,294.7 | 5,217.0 |
EQUITY AND LIABILITIES | ||
Equity attributable to owners of the Parent | ||
Share capital | 1,268.1 | 1,292.6 |
Share premium | 453.9 | 462.6 |
Treasury shares | (94.3) | (157.1) |
Statutory reserve | 440.7 | 440.7 |
Foreign exchange & other reserves | (160.3) | (168.6) |
Changes in non-controlling interests | (3,314.1) | (3,314.1) |
Retained earnings | 3,444.6 | 3,414.4 |
Total Equity attributable to the owners of the Parent | 2,038.6 | 1,970.5 |
Non-controlling interests | 1.8 | 1.7 |
Total equity | 2,040.4 | 1,972.2 |
Non-current liabilities | ||
Long-term borrowings | 742.4 | 753.7 |
Provision for staff retirement indemnities | 132.2 | 139.9 |
Provision for youth account | 94.9 | 98.4 |
Contract liabilities | 33.4 | 33.2 |
Lease liabilities | 178.9 | 189.2 |
Deferred tax liabilities | 2.2 | 3.3 |
Other non - current liabilities | 69.1 | 89.3 |
Total non - current liabilities | 1,253.1 | 1,307.0 |
Current liabilities | ||
Trade accounts payable | 832.7 | 818.5 |
Short-term portion of long-term borrowings | 397.5 | 397.3 |
Income tax payable | 61.1 | 44.0 |
Contract liabilities | 113.1 | 118.4 |
Lease liabilities | 74.2 | 71.7 |
Dividends payable | 2.2 | 2.3 |
Other current liabilities | 520.4 | 485.6 |
Total current liabilities | 2,001.2 | 1,937.8 |
TOTAL EQUITY AND LIABILITIES | 5,294.7 | 5,217.0 |
CONSOLIDATED INCOME STATEMENT | |||
Amounts in € mn | Q1'22 | Q1'21 | % |
Revenue | |||
Fixed business: | |||
Retail services revenues | 239.6 | 233.1 | 2.8% |
Wholesale services revenues | 143.6 | 135.8 | 5.7% |
Other revenues | 69.5 | 62.8 | 10.7% |
Total revenues from fixed business | 452.7 | 431.7 | 4.9% |
Mobile business: | |||
Service revenues | 284.0 | 275.4 | 3.1% |
Handset revenues | 57.8 | 60.3 | -4.1% |
Other revenues | 10.8 | 4.5 | 140.0% |
Total revenues from mobile business | 352.6 | 340.2 | 3.6% |
Miscellaneous other revenues | 20.0 | 16.0 | 25.0% |
Total revenues | 825.3 | 787.9 | 4.7% |
Other operating income | 5.1 | 3.8 | 34.2% |
Operating expenses | |||
Interconnection and roaming costs | (107.1) | (100.3) | 6.8% |
Provision for expected credit losses | (13.0) | (19.6) | -33.7% |
Personnel costs | (113.1) | (115.2) | -1.8% |
Costs related to voluntary leave schemes | (0.1) | - 0 | - |
Commission costs | (19.8) | (18.5) | 7.0% |
Merchandise costs | (74.9) | (72.4) | 3.5% |
Maintenance and repairs | (20.3) | (21.9) | -7.3% |
Marketing | (12.5) | (14.8) | -15.5% |
Other operating expenses | (123.5) | (106.0) | 16.5% |
Total operating expenses before depreciation, amortization and impairment | (484.3) | (468.7) | 3.3% |
Operating profit before financial and investing activities, depreciation, amortization and impairment | 346.1 | 323.0 | 7.2% |
Depreciation, amortization and impairment | (166.9) | (164.2) | 1.6% |
Operating profit before financial and investing activities | 179.2 | 158.8 | 12.8% |
Income and expense from financial and investing activities | |||
Interest and related expenses | (8.2) | (12.2) | -32.8% |
Interest income | 0.4 | 0.2 | 100.0% |
Foreign exchange differences, net | 0.4 | 1.5 | -73.3% |
Dividend Income | - 0 | - 0 | |
Gains/ (losses) from investments and other financial assets - Impairment | - 0 | 0.2 | - |
Total (loss) from financial and investing activities | (7.4) | (10.3) | -28.2% |
Profit before tax | 171.8 | 148.5 | 15.7% |
Income tax | (42.3) | (48.5) | -12.8% |
Profit for the period from continuing operations | 129.5 | 100.0 | 29.5% |
Profit from discontinued operations | - | 34.9 | - |
Profit for the period | 129.5 | 134.9 | -4.0% |
Attributable to: | |||
Owners of the parent | 129.4 | 125.7 | 2.9% |
Non-controlling interests | 0.1 | 9.2 | -98.9% |
CONSOLIDATED STATEMENT OF CASH FLOW | |||
Amounts in € mn | Q1'22 | Q1'21 | % |
Cash flows from operating activities | |||
Profit before tax | 171.8 | 148.5 | 15.7% |
Adjustments for: | |||
Depreciation, amortization and impairment | 166.9 | 164.2 | 1.6% |
Costs related to voluntary leave schemes | 0.1 | - | - |
Provision for staff retirement indemnities | 1.0 | 1.1 | -9.1% |
Provision for youth account | 0.3 | 0.3 | 0.0% |
Foreign exchange differences, net | (0.4) | (1.5) | -73.3% |
Interest income | (0.4) | (0.2) | 100.0% |
(Gains)/ losses from investments and other financial assets - Impairment | - | (0.2) | - |
Interest and related expenses | 8.2 | 12.2 | -32.8% |
Working capital adjustments: | (3.1) | (32.6) | -90.5% |
Decrease / (increase) in inventories | (8.0) | (22.8) | -64.9% |
Decrease / (increase) in receivables | 8.4 | (17.5) | -148.0% |
(Decrease) / increase in liabilities (except borrowings) | (3.5) | 7.7 | -145.5% |
Plus /(Minus): | |||
Payment for voluntary leave schemes | (1.4) | (42.3) | -96.7% |
Payment of staff retirement indemnities and youth account, net of employees' contributions | (2.0) | (2.5) | -20.0% |
Interest and related expenses paid (except leases) | (3.2) | (3.6) | -11.1% |
Interest paid for leases | (2.2) | (4.5) | -51.1% |
Income tax paid | (0.1) | (4.4) | -97.7% |
Net cash flows from operating activities of discontinued operations | - | 39.6 | - |
Net cash flows from operating activities | 335.5 | 274.1 | 22.4% |
Cash flows from investing activities | |||
Sale or maturity of financial assets | 0.7 | - | - |
Purchase of financial assets | (0.1) | - | - |
Repayment of loans receivable | 1.8 | 1.8 | 0.0% |
Purchase of property, plant and equipment and intangible assets | (93.0) | (101.0) | -7.9% |
Interest received | 0.4 | 0.2 | 100.0% |
Net cash flows from investing activities of discontinued operations | - | (27.5) | - |
Net cash flows used in investing activities | (90.2) | (126.5) | -28.7% |
Cash flows from financing activities | |||
Acquisition of treasury shares | (71.1) | (20.6) | - |
Repayment of loans | (11.5) | (17.4) | -33.9% |
Lease repayments | (21.1) | (17.2) | 22.7% |
Dividends paid to Company's owners | (0.1) | - | - |
Net cash flows from financing activities of discontinued operations | - | (3.0) | - |
Net cash flows used in financing activities | (103.8) | (58.2) | 78.4% |
Net increase in cash & cash equivalents | 141.5 | 89.4 | 58.3% |
Cash and cash equivalents, at the beginning of the period | 630.7 | 516.2 | 22.2% |
Net foreign exchange differences | 0.1 | (0.5) | - |
Change in Cash and cash equivalents of disposal group classified as held for sale | - | (2.3) | - |
Cash and cash equivalents, at the end of the period | 772.3 | 602.8 | 28.1% |
12M 2019 | Group Consolidated | GREECE | ROMANIA mobile | Group eliminations | |
Fixed Business: | |||||
Retail services revenues | 935.6 | 935.6 | 0.0 | 0.0 | |
Wholesale services revenues | 566.0 | 566.7 | 0.0 | (0.7) | |
Other revenues | 271.5 | 258.8 | 26.3 | (13.6) | |
Total revenues from fixed business | 1,773.1 | 1,761.1 | 26.3 | (14.3) | |
Mobile Business: | |||||
Service revenues | 1,203.6 | 954.5 | 253.5 | (4.4) | |
Handset revenues | 231.7 | 157.5 | 74.5 | (0.3) | |
Other revenues | 22.3 | 3.0 | 26.0 | (6.7) | |
Total revenues from mobile business | 1,457.6 | 1,115.0 | 354.0 | (11.4) | |
Miscellaneous other revenues: | |||||
Miscellaneous other revenues | 72.3 | 67.3 | 5.7 | (0.7) | |
Total Revenues | 3,303.0 | 2,943.4 | 386.0 | (26.4) | |
Other Operating Income | 11.6 | 8.7 | 2.9 | 0.0 | |
Interconnection and roaming costs | (447.6) | (384.5) | (75.7) | 12.6 | |
Provision for expected credit losses | (84.1) | (62.4) | (21.7) | 0.0 | |
Personnel costs | (493.4) | (467.6) | (25.8) | 0.0 | |
Costs related to voluntary leave schemes | (55.3) | (53.3) | (2.0) | 0.0 | |
Commission costs | (76.8) | (60.8) | (18.6) | 2.6 | |
Merchandise costs | (312.5) | (195.7) | (116.8) | 0.0 | |
Maintenance and repairs | (61.5) | (52.9) | (9.5) | 0.9 | |
Marketing | (65.7) | (58.9) | (6.8) | 0.0 | |
Other operating expenses | (456.5) | (392.2) | (74.4) | 10.1 | |
Total operating expenses before depreciation, amortization and impairment | (2,053.4) | (1,728.3) | (351.3) | 26.2 | |
EBITDA | 1,261.2 | 1,223.8 | 37.6 | (0.2) | |
EBITDA margin % | 38.2% | 41.6% | 9.7% | ||
Total Opex before depreciation, amortization and impairment, costs related to voluntary leave schemes and other restructuring costs and non-recurring litigations | (1,991.3) | (1,669.6) | (347.9) | 26.2 | |
Adjusted EBITDA | 1,323.3 | 1,282.5 | 41.0 | (0.2) | |
Adjusted EBITDA margin (%) | 40.1% | 43.6% | 10.6% | ||
Depreciation, amortization and impairment | (804.5) | (613.9) | (190.8) | 0.2 | |
Operating profit before financial and investing activities | 456.7 | 609.9 | (153.2) | (0.0) | |
Adjusted EBITDA (AL) - After Lease | |||||
Adjusted EBITDA | 1,323.3 | 1,282.5 | 41.0 | (0.2) | |
Depreciation for the right-of-use assets and the Interest expense on leases | (93.2) | (70.7) | (22.7) | 0.2 | |
Adjusted EBITDA After Lease (AL) | 1,230.1 | 1,211.8 | 18.3 | (0.0) | . |
margin (%) | 37.2% | 41.2% | 4.7% |
12M 2020 | Group Consolidated | GREECE | ROMANIA mobile | Group eliminations |
Fixed Business: | ||||
Retail services revenues | 938.1 | 938.1 | 0.0 | |
Wholesale services revenues | 574.1 | 574.7 | (0.6) | |
Other revenues | 292.9 | 284.5 | 25.2 | (16.8) |
Total revenues from fixed business | 1,805.1 | 1,797.3 | 25.2 | (17.4) |
Mobile Business: | ||||
Service revenues | 1,138.8 | 913.6 | 230.5 | (5.3) |
Handset revenues | 229.6 | 161.3 | 68.3 | 0.0 |
Other revenues | 18.9 | 3.5 | 23.0 | (7.6) |
Total revenues from mobile business | 1,387.3 | 1,078.4 | 321.8 | (12.9) |
Miscellaneous other revenues: | ||||
Miscellaneous other revenues | 66.5 | 64.0 | 3.4 | (0.9) |
Total Revenues | 3,258.9 | 2,939.7 | 350.4 | (31.2) |
Other Operating Income | 10.4 | 8.7 | 1.7 | 0.0 |
Interconnection and roaming costs | (437.9) | (380.0) | (66.2) | 8.3 |
Provision for expected credit losses | (78.1) | (60.4) | (17.7) | 0.0 |
Personnel costs | (481.3) | (462.0) | (19.3) | 0.0 |
Costs related to voluntary leave schemes | (132.6) | (132.3) | (0.3) | 0.0 |
Commission costs | (77.8) | (61.0) | (22.3) | 5.5 |
Merchandise costs | (305.5) | (209.4) | (96.1) | 0.0 |
Maintenance and repairs | (68.7) | (58.7) | (11.0) | 1.0 |
Marketing | (63.5) | (56.1) | (7.4) | 0.0 |
Other operating expenses | (459.3) | (402.1) | (73.4) | 16.2 |
Total operating expenses before depreciation, amortization and impairment | (2,104.7) | (1,822.0) | (313.7) | 31.0 |
EBITDA | 1,164.6 | 1,126.4 | 38.4 | (0.2) |
EBITDA margin % | 35.7% | 38.3% | 11.0% | |
Total Opex before depreciation, amortization and impairment, costs related to voluntary leave schemes and other restructuring costs and non-recurring litigations | (1,958.6) | (1,680.0) | (309.6) | 31.0 |
Adjusted EBITDA | 1,310.7 | 1,268.4 | 42.5 | (0.2) |
Adjusted EBITDA margin (%) | 40.2% | 43.1% | 12.1% | |
Depreciation, amortization and impairment | (833.2) | (612.7) | (220.7) | 0.2 |
Operating profit before financial and investing activities | 331.4 | 513.7 | (182.3) | 0.0 |
Adjusted EBITDA (AL) - After Lease | ||||
Adjusted EBITDA | 1,310.7 | 1,268.4 | 42.5 | (0.2) |
Depreciation for the right-of-use assets and the Interest expense on leases | (87.1) | (69.3) | (18.0) | 0.2 |
Adjusted EBITDA After Lease (AL) | 1,223.6 | 1,199.1 | 24.5 | 0.0 |
margin (%) | 37.5% | 40.8% | 7.0% |