Sitemap To our shareholders Selected financial data of the Group Letter from the Chairman of the Board of Management Supervisory Board’s report Corporate Governance report The T-Share Sustainable Development Goals Management report Deutsche Telekom at a glance Highlights Group organization Business activities and organization Management and supervision Group strategy Management of the Group Finance strategy Performance management system The economic environment Telecommunications market Major regulatory decisions Development of business in the Group Statement of the Board of Management on business development in 2018 Comparison of the Group’s expectations with actual figures First-time application of new accounting standards as of January 1, 2018 Results of operations of the Group Financial position of the Group Development of business in the operating segments Germany United States Europe Systems Solutions Group Development Group Headquarters & Group Services Development of business at Deutsche Telekom AG Results of operations of Deutsche Telekom AG Financial position of Deutsche Telekom AG Corporate responsibility and non- financial statement Aspect 1: Environmental concerns Aspect 2: Employee concerns Aspect 3: Social concerns Aspect 4: Respecting human rights Aspect 5: Fighting corruption Innovation and product development Focus for innovation Innovation management Innovation priorities Three-pronged innovation strategy Employees Our HR work based on the HR priorities Headcount development Forecast Statement by the Board of Management on the expected development of the Group Economic outlook Market expectations Expectations for the Group Expectations for the operating segments Risk and opportunity management Risk and opportunity management system Risk assessment and risk containment Risks and opportunities Other disclosures Legal structure Compensation report Financial statements Statement of financial position Income statement Statement of comprehensive income Statement of changes in equity Statement of cash flows Notes Summary of accounting policies General information Basis of preparation Initial application of standards Standards issued, but not yet to be applied Changes in accounting policies Accounting policies Judgments and estimates Consolidation methods Changes in the composition of the Group and other transactions Other transactions that had no effect on the composition of the Group Principal subsidiaries Structured entities Joint operations Currency translation Notes to the statement of financial position 1 Cash and cash equivalents 2 Trade and other receivables 3 Contract assets 4 Inventories 5 Non-current assets and disposal groups held for sale and liabilities 6 Intangible assets 7 Property, plant and equipment 8 Capitalized contract costs 9 Investments accounted for using the equity method 10 Other financial assets 11 Other assets 12 Financial liabilities 13 Trade and other payables 14 Provisions for pensions and other employee benefits 15 Other provisions 16 Other liabilities 17 Contract liabilities 18 Shareholders’ equity Notes to the income statement 19 Net revenue 20 Other operating income 21 Changes in inventories 22 Own capitalized costs 23 Goods and services purchased 24 Average number of employees and personnel costs 25 Other operating expenses 26 Depreciation, amortization and impairment losses 27 Finance costs 28 Share of profit/loss of associates and joint ventures accounted for using the equity method 29 Other financial income/expense 30 Income taxes 31 Profit/loss attributable to non-controlling interests 32 Earnings per share 33 Dividend per share Other disclosures 34 Notes to the statement of cash flows 35 Segment reporting 36 Contingencies 37 Leases 38 Other financial obligations 39 Share-based payment 40 Financial instruments and risk management 41 Capital management 42 Related-party disclosures 43 Compensation of the Board of Management and the Supervisory Board 44 Declaration of conformity with the German Corporate Governance Code in accordance with § 161 AktG 45 Events after the reporting period 46 Auditor’s fees and services in accordance with § 314 HGB Additional information Responsibility statement Independent auditor’s report Members of the Supervisory Board of Deutsche Telekom AG in 2018 Members of the Board of Management of Deutsche Telekom AG in 2018 Financial calendar