Selected financial data of the Group (XLS:) Download millions of € Q1 2020 Q1 2019 Change % FY 2019 a Before interest payments for zero-coupon bonds. REVENUE AND EARNINGS Net revenue 19,943 19,488 2.3 80,531 Of which: domestic % 30.3 31.0 30.5 Of which: international % 69.7 69.0 69.5 Profit from operations (EBIT) 2,511 2,258 11.2 9,457 Net profit (loss) 916 900 1.8 3,867 Net profit (loss) (adjusted for special factors) 1,284 1,183 8.5 4,948 EBITDA 6,940 6,461 7.4 27,120 EBITDA AL 5,921 5,500 7.7 23,143 EBITDA (adjusted for special factors) 7,563 6,901 9.6 28,708 EBITDA AL (adjusted for special factors) 6,544 5,940 10.2 24,731 EBITDA AL margin (adjusted for special factors) % 32.8 30.5 30.7 Earnings per share (basic/diluted) € 0.19 0.19 0.0 0.82 Adjusted earnings per share (basic/diluted) € 0.27 0.25 8.0 1.04 STATEMENT OF FINANCIAL POSITION Total assets 173,646 165,472 4.9 170,672 Shareholders’ equity 45,878 42,762 7.3 46,231 Equity ratio % 26.4 25.8 27.1 Net debt 77,394 71,876 7.7 76,031 CASH FLOWS Net cash from operating activities 3,960 6,009 (34.1) 23,074 Cash capex (3,570) (3,827) 6.7 (14,357) Cash capex (before spectrum investment) (3,353) (3,682) 8.9 (13,118) Free cash flow (before dividend payments and spectrum investment)a 2,294 2,370 (3.2) 10,133 Free cash flow AL (before dividend payments and spectrum investment)a 1,287 1,557 (17.3) 7,013 Net cash used in investing activities (2,706) (3,597) 24.8 (14,230) Net cash (used in) from financing activities (2,562) 27 n.a. (7,141) (XLS:) Download millions Mar. 31, 2020 Dec. 31, 2019 ChangeMar. 31, 2020/Dec. 31, 2019% Mar. 31, 2019 ChangeMar. 31, 2020/Mar. 31, 2019% a Including T‑Mobile US wholesale customers. b Excluding wholesale. The figures shown in this report were rounded in accordance with standard business rounding principles. As a result, the total indicated may not be equal to the precise sum of the individual figures. The IFRS 16 “Leases” accounting standard has been applied since the 2019 financial year. This led to a change in the definition of some of our financial performance indicators: Our operational performance is now measured on the basis of “EBITDA after leases” (EBITDA AL) (previously EBITDA). The “free cash flow” performance indicator was replaced by “free cash flow after leases” (free cash flow AL). The key parameters used by Deutsche Telekom are defined in the sections “Management of the Group” and “Summary of accounting policies.” FIXED-NETWORK AND MOBILE CUSTOMERS Mobile customersa 185.5 184.0 0.8 179.1 3.6 Fixed-network lines 27.4 27.5 (0.5) 28.0 (2.1) Broadband customersb 21.2 21.0 0.9 20.6 2.9
