Sitemap To our shareholders Selected financial data of the Group Letter from the Chairman of the Board of Management Supervisory Board’s report The T-Share Highlights Sustainable Development Goals Management report Deutsche Telekom at a glance Group organization Business activities and segment structure Management and supervision Group strategy Our corporate strategy: Leading European Telco Strategic areas of operation Supporting areas of operation Management of the Group Finance strategy Performance management system The economic environment Macroeconomic development Telecommunications market Major regulatory decisions Development of business in the Group Statement of the Board of Management on business development Business combination of T‑Mobile US and Sprint Realignment of the B2B telecommunications business Coronavirus pandemic Comparison of the Group’s expectations with actual figures Results of operations of the Group Net assets of the Group Financial position of the Group and profitability 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 Risk management in hedge accounting Corporate responsibility and non-financial statement Creating transparency Explanation of the business model Strategic and organizational approach to sustainability Process for determining significant topics 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 VTI strategy Innovation priorities Three-pronged innovation strategy Innovation governance Patent portfolio Investment in research and development Employees Supporting people. Driving performance. Our HR work based on the priorities Headcount development Forecast Statement by the Board of Management on the expected development of the Group Economic outlook Expectations for the Group Expectations for the operating segments Risk and opportunity management Board of Management’s assessment of the aggregate risk and opportunity position Risk and opportunity management system Risk assessment and risk containment Risks and opportunities Other disclosures Significant events after the reporting period Accounting-related internal control system Corporate Governance Statement in accordance with §§ 289f, 315d HGB 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 Coronavirus pandemic Notes to the statement of financial position 1 Cash and cash equivalents 2 Trade 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 Right-of-use assets – lessee relationships 9 Capitalized contract costs 10 Investments accounted for using the equity method 11 Other financial assets 12 Other assets 13 Financial liabilities and lease liabilities 14 Trade and other payables 15 Provisions for pensions and other employee benefits 16 Other provisions 17 Other liabilities 18 Contract liabilities 19 Shareholders’ equity Notes to the income statement 20 Net revenue 21 Other operating income 22 Changes in inventories 23 Own capitalized costs 24 Goods and services purchased 25 Average number of employees and personnel costs 26 Other operating expenses 27 Depreciation, amortization and impairment losses 28 Finance costs 29 Share of profit/loss of associates and joint ventures accounted for using the equity method 30 Other financial income/expense 31 Income taxes 32 Profit/loss attributable to non-controlling interests 33 Earnings per share 34 Dividend per share Other disclosures 35 Notes to the statement of cash flows 36 Segment reporting 37 Contingencies 38 Lessor relationships 39 Other financial obligations 40 Share-based payment 41 Financial instruments and risk management 42 Capital management 43 Related-party disclosures 44 Compensation of the Board of Management and the Supervisory Board 45 Declaration of conformity with the German Corporate Governance Code in accordance with § 161 AktG 46 Events after the reporting period 47 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 2020 Members of the Board of Management of Deutsche Telekom AG in 2020 Financial calendar