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Segment reporting

The following table provides an overview of Deutsche Telekom’s operating segments and the Group Headquarters & Group Services segment for the first quarters of 2024 and 2023.

For further information, please refer to the section “Development of business in the operating segments” in the interim Group management report.

The GD tower companies, which operated the cell tower business in Germany and Austria in the Group Development operating segment, had been recognized in the prior-year period as a discontinued operation in the interim consolidated financial statements until their sale effective February 1, 2023.

In accordance with the Company’s own principles of segment management, when loans with embedded derivatives are granted internally to Group entities, the derivative component is recognized separately also in the creditor company’s segment financial statements and measured at fair value through profit or loss.

Segment information in the first quarter

millions of €

 

 

 

 

 

 

 

 

 

 

 

 

Comparative period

Reporting date

 

 

Net revenue

Inter­segment revenue

Total revenue

Profit (loss) from operations (EBIT)

Depreciation and amor­tization

Impair­ment losses

Segment assets a

Segment liabilities a

Investments accounted for using the equity method a

Germany

Q1 2024

6,146

152

6,298

1,549

(1,071)

0

52,515

38,206

446

Q1 2023

5,977

164

6,141

1,447

(1,036)

0

52,637

38,645

364

United States

Q1 2024

18,004

5

18,009

4,028

(4,003)

(1)

206,237

142,188

401

Q1 2023

18,261

1

18,262

3,575

(3,967)

(4)

203,435

138,491

384

Europe

Q1 2024

2,911

48

2,959

541

(636)

(2)

24,327

8,601

42

Q1 2023

2,741

43

2,784

478

(609)

(1)

24,237

8,801

42

Systems Solutions

Q1 2024

843

150

993

18

(53)

(6)

4,253

3,126

23

Q1 2023

792

154

946

11

(53)

(8)

4,016

2,972

22

Group Development

Q1 2024

2

0

2

(5)

(1)

0

7,613

244

3,777

Q1 2023

26

76

102

13,010

(1)

0

11,237

3,879

3,777

Group Headquarters & Group Services

Q1 2024

36

510

546

(439)

(301)

0

38,763

48,078

15

Q1 2023

42

536

578

(499)

(353)

0

40,096

51,607

15

Total from continuing operations and discontinued operation

Q1 2024

27,942

865

28,807

5,692

(6,065)

(9)

333,708

240,443

4,704

Q1 2023

27,839

975

28,813

18,022

(6,019)

(13)

335,658

244,395

4,604

Reconciliation

Q1 2024

0

(865)

(865)

(6)

1

(1)

(38,486)

(38,434)

0

Q1 2023

0

(975)

(975)

(7)

3

(1)

(45,353)

(45,327)

1

Consolidated total from continuing operations and discontinued operation

Q1 2024

27,942

0

27,942

5,686

(6,064)

(10)

295,222

202,009

4,704

Q1 2023

27,839

0

27,839

18,015

(6,016)

(14)

290,305

199,068

4,605

Discontinued operation

Q1 2024

0

0

0

0

0

0

n.a.

n.a.

n.a.

Q1 2023

(15)

(84)

(99)

(13,001)

0

0

n.a.

n.a.

n.a.

Reconciliation

Q1 2024

0

0

0

0

0

0

n.a.

n.a.

n.a.

Q1 2023

0

84

84

0

0

0

n.a.

n.a.

n.a.

Group total

Q1 2024

27,942

0

27,942

5,686

(6,064)

(10)

295,222

202,009

4,704

Q1 2023

27,824

0

27,824

5,014

(6,016)

(14)

290,305

199,068

4,605

a

Figures relate to the reporting dates of March 31, 2024 and December 31, 2023, respectively.