Segment reporting

The following table provides an overview of Deutsche Telekom’s operating segments and the Group Headquarters & Group Services segment for the first three quarters of 2023 and 2022.

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

As a result of the agreement concluded on July 13, 2022, the GD tower companies, which operated the cell tower business in Germany and Austria in the Group Development operating segment, had been recognized as a discontinued operation in the interim consolidated financial statements from the third quarter of 2022 until their sale effective February 1, 2023.

T‑Systems International GmbH transferred all obligations from the company pension scheme vis-à-vis former employees and current beneficiaries, and the proportion of plan assets endowed for these obligations, to Deutsche Telekom AG with retroactive effect from January 1, 2023 by way of a spin-off under the law governing corporate reorganizations. Under this spin-off, net segment liabilities totaling EUR 0.1 billion were transferred from the Systems Solutions operating segment to the Group Headquarters & Group Services segment. Prior-year comparatives were not adjusted retrospectively.

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.