Sitemap To our shareholders Deutsche Telekom at a glance Letter from the Chair of the Board of Management Supervisory Board’s report Members of the Board of Management of Deutsche Telekom AG in 2023 Members of the Supervisory Board of Deutsche Telekom AG in 2023 The T-Share Development of selected financial data Highlights Management report Introductory remarks Group organization Business activities Segment structure Group strategy Leading Digital Telco Strategic areas of operation Supporting areas of operation Finance strategy Management of the Group Performance management system Development of the economic environment 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 Notes on the management approach Comparison of the Group’s expectations with actual figures Results of operations of the Group Net assets of the Group Profitability and 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 Risk management in hedge accounting Combined non-financial statement Creating transparency Sustainable Development Goals 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 Employees Supporting people. Driving performance. Our HR work based on the priorities Headcount development Technology and innovation T&I strategy Innovation priorities Three-pronged innovation strategy Innovation governance Patent portfolio Investment in research and 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 Risks and opportunities Governance and other disclosures Governance Events after the reporting period Integrated control and monitoring system Accounting-related internal control system Corporate Governance Statement and Declaration of Conformity Legal structure of the Group 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 Development of the economic environment Impact of climate change 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 Profit/loss from operations 29 Finance costs 30 Share of profit/loss of associates and joint ventures accounted for using the equity method 31 Other financial income/expense 32 Income taxes 33 Profit/loss after taxes from discontinued operation 34 Profit/loss attributable to non-controlling interests 35 Dividend per share 36 Earnings per share Other disclosures 37 Notes to the statement of cash flows 38 Segment reporting 39 Contingencies 40 Lessor relationships 41 Insurance contracts 42 Other financial obligations 43 Financial instruments and risk management 44 Capital management 45 Related-party disclosures 46 Remuneration of the Board of Management and the Supervisory Board 47 Share-based payment 48 Declaration of conformity with the German Corporate Governance Code 49 Events after the reporting period 50 Auditor’s fees and services in accordance with § 314 HGB Additional information Responsibility statement Independent auditor’s reports Report on the audit of the consolidated financial statements and of the combined management report Report on a limited assurance engagement on non-financial reporting Reconciliation for the organic development Financial calendar