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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 half of 2024 and the first half of 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 half of the year

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

H1 2024

12,358

308

12,667

2,878

(2,162)

0

52,576

37,742

440

H1 2023

11,968

322

12,290

2,902

(2,088)

(2)

52,637

38,645

364

United States

H1 2024

36,287

4

36,291

8,583

(7,909)

(1)

209,567

144,348

413

H1 2023

35,815

2

35,817

7,262

(7,734)

(36)

203,435

138,491

384

Europe

H1 2024

5,936

95

6,032

1,112

(1,269)

(4)

24,392

9,015

48

H1 2023

5,590

93

5,683

946

(1,248)

(3)

24,237

8,801

42

Systems Solutions

H1 2024

1,674

300

1,974

37

(107)

(11)

4,066

2,966

24

H1 2023

1,588

317

1,905

36

(107)

(11)

4,016

2,972

22

Group Development

H1 2024

6

1

6

(10)

(1)

0

7,715

322

3,785

H1 2023

27

79

106

13,011

(1)

0

11,237

3,879

3,777

Group Headquarters & Group Services

H1 2024

75

1,032

1,107

(924)

(604)

0

36,317

47,771

14

H1 2023

71

1,059

1,130

(923)

(670)

0

40,096

51,607

15

Total from continuing operations and discontinued operation

H1 2024

56,337

1,740

58,077

11,676

(12,052)

(16)

334,632

242,164

4,726

H1 2023

55,060

1,873

56,933

23,235

(11,849)

(52)

335,659

244,395

4,605

Reconciliation

H1 2024

0

(1,740)

(1,740)

(10)

(2)

0

(38,588)

(38,554)

0

H1 2023

0

(1,873)

(1,873)

(13)

1

0

(45,354)

(45,327)

0

Consolidated total from continuing operations and discontinued operation

H1 2024

56,337

0

56,337

11,666

(12,054)

(16)

296,044

203,610

4,726

H1 2023

55,060

0

55,060

23,222

(11,847)

(52)

290,305

199,068

4,605

Discontinued operation

H1 2024

0

0

0

0

0

0

n.a.

n.a.

n.a.

H1 2023

(15)

(84)

(99)

(13,001)

0

0

n.a.

n.a.

n.a.

Reconciliation

H1 2024

0

0

0

0

0

0

n.a.

n.a.

n.a.

H1 2023

0

84

84

0

0

0

n.a.

n.a.

n.a.

Group total

H1 2024

56,337

0

56,337

11,666

(12,054)

(16)

296,044

203,610

4,726

H1 2023

55,045

0

55,045

10,221

(11,847)

(52)

290,305

199,068

4,605

a

Figures relate to the reporting dates of June 30, 2024 and December 31, 2023, respectively.