Selected financial data of the Group (XLS:) Download millions of € Q2 2020 Q2 2019 Change % H1 2020 H1 2019 Change % FY 2019 a Before interest payments for zero-coupon bonds. b Before repayment of forward-payer swaps at T-Mobile US. REVENUE AND EARNINGS Net revenue 27,041 19,664 37.5 46,984 39,152 20.0 80,531 Of which: domestic % 22.5 31.0 25.8 31.0 30.5 Of which: international % 77.5 69.0 74.2 69.0 69.5 Profit from operations (EBIT) 3,087 2,350 31.4 5,597 4,608 21.5 9,457 Net profit (loss) 754 944 (20.1) 1,670 1,845 (9.5) 3,867 Net profit (loss) (adjusted for special factors) 1,278 1,329 (3.8) 2,562 2,512 2.0 4,948 EBITDA 10,026 6,701 49.6 16,966 13,162 28.9 27,120 EBITDA AL 8,585 5,721 50.1 14,505 11,221 29.3 23,143 EBITDA (adjusted for special factors) 11,271 7,263 55.2 18,834 14,164 33.0 28,708 EBITDA AL (adjusted for special factors) 9,829 6,283 56.4 16,373 12,223 34.0 24,731 EBITDA AL margin (adjusted for special factors) % 36.3 32.0 34.8 31.2 30.7 Earnings per share (basic/diluted) € 0.16 0.20 (20.0) 0.35 0.39 (10.3) 0.82 Adjusted earnings per share (basic/diluted) € 0.27 0.28 (3.6) 0.54 0.53 1.9 1.04 STATEMENT OF FINANCIAL POSITION Total assets 269,971 164,214 64.4 170,672 Shareholders’ equity 73,502 42,690 72.2 46,231 Equity ratio % 27.2 26.0 27.1 Net debt 120,897 75,709 59.7 76,031 CASH FLOWS Net cash from operating activities 5,148 5,598 (8.0) 9,107 11,607 (21.5) 23,074 Cash capex (4,547) (4,199) (8.3) (8,117) (8,027) (1.1) (14,357) Cash capex (before spectrum investment) (3,669) (3,324) (10.4) (7,022) (7,006) (0.2) (13,118) Free cash flow (before dividend payments and spectrum investment)a, b 3,677 2,312 59.0 5,970 4,682 27.5 10,133 Free cash flow AL (before dividend payments and spectrum investment)a, b 2,425 1,546 56.9 3,712 3,103 19.6 7,013 Net cash used in investing activities (8,548) (3,754) n.a. (11,254) (7,350) (53.1) (14,230) Net cash from (used in) financing activities 13,797 (4,086) n.a. 11,234 (4,058) n.a. (7,141) (XLS:) Download millions June 30, 2020 Dec. 31, 2019 ChangeJune 30, 2020/Dec. 31, 2019% June 30, 2019 ChangeJune 30, 2020/June 30, 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 235.8 184.0 28.1 179.8 31.1 Fixed-network lines 27.3 27.5 (0.9) 27.9 (2.2) Broadband customersb 21.3 21.0 1.4 20.7 2.9
