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U7 Deutsche Telekom worldwide. Deutsche Telekom at a glance. U2 !"§======= Deutsche Telekom. Bonn (Deutsche Telekom Group Net revenue EBITDA* Headquarters) (billions of €) (billions of €) % Modern teams. of net revenue Country offices, regional offices Selected subsidiaries and The 2001 financial year. 50 and representative offices associated companies 48.3 America 40 20 60 20.7 Europe Europe USA – VoiceStream 40.9 The 2001 financial year. 35.5 18.1 Brussels Austria – T-Mobile Austria – T-Systems 30 34.5 35.1 15 17.2 17.4 50 Kiev – T-Online.at – T-Venture of America 14.5 London – T-Systems 20 10 40 Madrid Belgium – T-Systems Canada – T-Systems Milan Croatia – Hrvatske telekomunikacije 10 5 30 Moscow Czech – RadioMobil/T-Mobile South America Paris Republic – Pragonet Brazil – T-Systems 0 0 20 – T-Systems America Denmark – T-Systems Asia 1997 1998 1999 2000 2001 1997 1998 1999 2000 2001 New York France – T-Online France Hong Kong – T-Systems Washington – T-Systems Indonesia – Satelindo I EBITDA margin (% of net revenue)* Hungary – MATÁV Japan – T-Systems 49.8 49.6 41.0 50.6 37.4 Asia – Westel Malaysia – TRI/Celcom Beijing – T-Systems Philippines – Globe Telecom *Calculated on the basis of more precise million figures. Singapore Italy – T-Systems – T-Systems Tokyo Netherlands – BEN Singapore – T-Systems – T-Systems Net income/loss Net cash provided by operating activities Poland – PTC Middle East (billions of €) (billions of €) – T-Systems Israel – Barak I.T.C. Portugal – Terravista – VocalTec 6 Russia – MTS 5.9 – T-Systems Africa 4 12 13.5 Slovakia – Slovenské Telekomunikácie South Africa – T-Systems 11.6 11.9 Spain – Ya.com 2 9 10.0 2.2 9.6 – T-Systems Australia – T-Systems 1.7 1.3 Switzerland – T-Online.ch 0 6 – T-Systems Turkey – T-Systems As of March/April 2002 -2 3 UK – T-Mobile UK -3.5 – T-Motion -4 0 – T-Systems Ukraine – UMC 1997 1998 1999 2000 2001 1997 1998 1999 2000 2001 Investments as in consolidated noncurrent assets Equity ratio* (billions of €) (%) 50 40 39 40 43.1 36 33 37.7 30 30 28 20 20 22.9 10 7.9 7.5 0 0 1997 1998 1999 2000 2001 1997 1998 1999 2000 2001 *Excluding proposed dividend payments, ! " which are treated as short-term debt. §=========== Deutsche Telekom !"§==== U7 Deutsche Telekom worldwide. Deutsche Telekom at a glance. U2 !"§======= Deutsche Telekom. Bonn (Deutsche Telekom Group Net revenue EBITDA* Headquarters) (billions of €) (billions of €) % Modern teams. of net revenue Country offices, regional offices Selected subsidiaries and The 2001 financial year. 50 and representative offices associated companies 48.3 America 40 20 60 20.7 Europe Europe USA – VoiceStream 40.9 The 2001 financial year. 35.5 18.1 Brussels Austria – T-Mobile Austria – T-Systems 30 34.5 35.1 15 17.2 17.4 50 Kiev – T-Online.at – T-Venture of America 14.5 London – T-Systems 20 10 40 Madrid Belgium – T-Systems Canada – T-Systems Milan Croatia – Hrvatske telekomunikacije 10 5 30 Moscow Czech – RadioMobil/T-Mobile South America Paris Republic – Pragonet Brazil – T-Systems 0 0 20 – T-Systems America Denmark – T-Systems Asia 1997 1998 1999 2000 2001 1997 1998 1999 2000 2001 New York France – T-Online France Hong Kong – T-Systems Washington – T-Systems Indonesia – Satelindo I EBITDA margin (% of net revenue)* Hungary – MATÁV Japan – T-Systems 49.8 49.6 41.0 50.6 37.4 Asia – Westel Malaysia – TRI/Celcom Beijing – T-Systems Philippines – Globe Telecom *Calculated on the basis of more precise million figures. Singapore Italy – T-Systems – T-Systems Tokyo Netherlands – BEN Singapore – T-Systems – T-Systems Net income/loss Net cash provided by operating activities Poland – PTC Middle East (billions of €) (billions of €) – T-Systems Israel – Barak I.T.C. Portugal – Terravista – VocalTec 6 Russia – MTS 5.9 – T-Systems Africa 4 12 13.5 Slovakia – Slovenské Telekomunikácie South Africa – T-Systems 11.6 11.9 Spain – Ya.com 2 9 10.0 2.2 9.6 – T-Systems Australia – T-Systems 1.7 1.3 Switzerland – T-Online.ch 0 6 – T-Systems Turkey – T-Systems As of March/April 2002 -2 3 UK – T-Mobile UK -3.5 – T-Motion -4 0 – T-Systems Ukraine – UMC 1997 1998 1999 2000 2001 1997 1998 1999 2000 2001 Investments as in consolidated noncurrent assets Equity ratio* (billions of €) (%) 50 40 39 40 43.1 36 33 37.7 30 30 28 20 20 22.9 10 7.9 7.5 0 0 1997 1998 1999 2000 2001 1997 1998 1999 2000 2001 *Excluding proposed dividend payments, ! " which are treated as short-term debt. §=========== Deutsche Telekom !"§==== U3 Four pillars for sustainable growth. Selected financial data of the Deutsche Telekom Group. U4 U5 Key statistical data for the Deutsche Telekom Group. U6 Earnings position (billions of €) Changea 2001 2000 1999 1998 1997 1996 1995 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 Net revenue 18.0 % 48.3 40.9 35.5 35.1 34.5 32.3 30.5b Deutsche Changes in inventories and other other own capitalized costs 1.7 % 0.9 0.9 0.9 1.0 1.6 1.7 1.7 Total number of fixed-network lines including ISDN channels Telekom Other operating income -39.8 % 6.6 11.0 1.9 2.1 1.9 2.0c 1.1 Germany and abroad (millions)a 56.9 54.8 50.5 49.0 47.5 46.2 43.7 39.9 37.5 35.6 33.7 ========!"§ Goods and services purchased 12.8 % 13.5 12.0 7.7d 5.5d 6.2 5.2 4.9 Personnel costs 24.7 % 12.1 9.7 9.2 9.2 9.4 9.6 9.4 of which: Germany 50.7 49.4 47.8 46.5 45.2 44.2 42.0 39.9 37.5 35.6 33.7 Depreciation and amortization 17.2 % 15.2 13.0 8.4e 9.0e 9.5e 9.0e 7.9 of which: standard analog lines 30.3 32.1 34.5 36.4 37.8 39.0 39.2 38.2 36.7 35.2 33.5 Other operating expenses 16.6 % 12.2 10.4 6.9d 6.1d 5.2 4.9 4.9 of which: ISDN channelsb 20.4 17.3 13.3 10.1 7.3 5.2 2.7 1.7 0.8 0.4 0.2 Financial income/expense, net 334.8 % -5.3 -1.2 -2.9 -3.3 -4.0 -3.9 -4.2 !"§==Com==== !"§==Systems= !"§==Mobile=== !"§==Online=== Results from ordinary business activities -138.6 % -2.5 6.5 3.2 5.1 3.7 3.4 5.3 Number of subscribers to AktivPlus calling plan (in operation) 8.4 4.3 0.8 – – – – – – – – Extraordinary income/loss -100.0 % – -0.2 -0.2 – – -1.3 -0.7 T-DSL subscriptions (marketed) 2.2 0.6 2.9 thousand – – – – – – – – Taxes, levy to the Federal Republic of Germany f 154.1 % 0.8 0.3 1.4 2.7 1.9 1.1 1.9 Net income/loss -158.3 % -3.5 5.9 1.3 2.2 1.7 0.9 2.7 of which: abroadc 6.2 5.4 2,7 2.5 2.3 2.0 1.7 – ––– T-Com. Innovation paves T-Systems. Joining forces T-Mobile. Global player T-Online. Charting a clear EBITDAa, g -12.8 % 18.1 20.7 14.5 17.4 17.2 16.3 17.3 of which: MATÁV 2.9 2.9 2.7 2.5 2.3 2.0 1.7 – – – – the way for multimedia for sustained growth in the in tomorrow’s mobile course for success. Cash earningsa, h -37.8 % 11.8 18.9 9.7 11.3 11.2 9.9 10.6 of which: Slovenské Telekomunikácie 1.6 1.6––– – –– ––– communication. convergence market. communications market. of which: HT-Hrvatske telekomunikacijed 1.7 0.7––– – –– ––– Assets and liabilities (billions of €) – 41 million residential and – Second-largest system – Revenue increased by 41 – Losses markedly reduced Noncurrent assets 37.6 % 146.7 106.6 82.0 66.5 70.0 73.8 71.2 small business customers solutions provider in Europe percent to EUR 14.6 billion Current assets, prepaid expenses, deferred charges 1.2 % 17.8 17.6 12.6 12.8 13.2 15.3 10.7 Mobile subscribers (millions) and 420,000 SMEs in 2001 – A leading Internet provider Shareholders’ equity 55.2 % 66.3 42.7 35.7 25.1 24.6 23.8 12.7 Total number of subscriberse 66.9 42.1 20.3 5.8 3.8 2.7 2.1 1.6 1.3 0.8 0.5 – Marked revenue increase with around 11 million Accruals 61.9 % 18.4 11.4 9.3 8.3 7.7 7.6 6.6 – Aggressive T-DSL market- among named accounts – Brand migration of fully customers Debt 11.1 % 67.0 60.4 42.3 39.9 44.9 51.1 56.4 Subcribers of fully consolidated subsidaries 48.9 31.2 15.8 5.8 3.8 2.7 2.1 1.6 1.3 0.8 0.5 f ing strategy taps mass owned T-Mobile subsidiaries Other liabilities and deferred income 32.0 % 12.8 9.7 7.3 6.0 6.0 6.6 6.2 of which: T-Mobile Deutschland 23.1 19.1 9.2 5.8 3.8 2.7 2.1 1.6 1.3 0.8 0.5 market for broadband – Extended worldwide pre- launched – Considerable growth and Balance sheet total 32.5 % 164.5 124.2 94.6 79.3 83.2 89.1 81.9 of which: One 2 One (to become T-Mobile UK) 10,4 8.3 4.2 – – – – – – – – of which: VoiceStreamd 7.0 –––– – –– ––– communications sence for global corporate efficiency gains in the 2001 Financing (billions of €) of which: T-Mobile Austria (formerly max.mobil.) 2.1 2.1 1.5 – – – – – – – – customers – Internationalization of financial year Net cash provided by operating activities 19.3 % 11.9 10.0 9.6 13.5 11.6 11.4 12.1 of which: Westel 2.5 1.7 0.9 – – – – – – – – – Systematic upgrading of mobile communications Net cash used for investing activities -80.6 % -5.4 -27.7 -18.7 -7.5 -5.4 -13.0 -6.8 of which: RadioMobild 2.9 –––– – –– ––– subscriber lines increases – Pioneering e-business holding continues – T-Online makes its mark as Net cash provided by/used for financing activities -126.9 % -4.8 17.9 8.0 -6.8 -7.0 3.5 -7.8 of which: HT-Hrvatske telekomunikacijed 0.9 –––– – –– ––– revenue and customer customer projects an Internet media network Capital expendituresi -53.8 % 10.9 23.5 6.0 4.8 6.8 8.6 7.5 loyalty – Cooperation agreements to Subscribers (pro rata)g 51.2 34.8 16.9 –– – –– ––– build and operate UMTS Figures in accordance with U.S.