Financial and operational highlights
Financial data is based on audited consolidated financial statements prepared in accordance with International Financial Reporting Standards. All figures, unless otherwise stated, are in CZK millions as at 31 December of each year.
| Financials | 2010 | 2009 |
|---|---|---|
| Revenues | 55 712 | 59 889 |
| OIBDA – Operating income before finance costs, tax, depreciation and amortization 1 | 27 380 | 27 076 |
| Operating income | 15 524 | 15 075 |
| Income before taxes | 15 318 | 14 877 |
| Net income | 12 280 | 11 666 |
| Total assets | 92 792 | 92 768 |
| Property, plant and equipment | 56 651 | 57 545 |
| Total equity | 73 176 | 73 879 |
| Financial debts | 3 024 | 3 131 |
| Capital expenditure | 5 663 | 6 489 |
| Operations (end of period) | ||
| Fixed accesses (x 1,000) | 1 669 | 1 771 |
| ADSL connections (x 1,000) | 806 | 725 |
| Pay TV – O2 TV (x 1,000) | 129 | 138 |
| Mobile registered customers in Czech Republic (x 1,000) | 4 839 | 4 945 |
| - of which contract | 2 864 | 2 814 |
| pre-paid | 1 975 | 2 130 |
| Active mobile customers in Slovakia (x 1,000) | 880 | 553 |
| Group headcount (end of period) | 7 522 | 8 687 |
| Ratios (in %) | ||
| OIBDA margin (OIBDA/Revenues) | 49,1 | 45,2 |
| Net income/Revenues | 22,0 | 19,5 |
| Capital expenditure/Revenues | 10,2 | 10,8 |
| ROA (Net income/Total assets) | 13,2 | 12,6 |
| ROE (Net income/Equity) | 16,8 | 15,8 |
| Gross gearing (Financial debts/Total equity) | 4,1 | 4,2 |
| Macroeconomic indicators 2 | ||
| Population (in millions) | 10,5 | 10,5 |
| GDP growth (in %) 3 | 2,2 | -4,1 |
| Inflation (in %) | 1,0 | |
| Unemployment (end of period, in %) | 9,6 | 9,2 |
| CZK/USD exchange rate – average over the period | 19,1 | 19,1 |
| CZK/USD exchange rate – end of period | 18,8 | 18,4 |
| CZK/EUR exchange rate – average over the period | 25,3 | 26,4 |
| CZK/EUR exchange rate – end of period | 25,1 | 26,5 |
1 Including impairment reversal/loss and gains from sale of non-current assets. In 2009, the Group posted an impairment loss of CZK 23 million, while in 2010 it recorded impairment reversal of CZK 4,344 million attributable to the fixed line segment assets and impairment loss of CZK 18 mil.; gain from the sale of non-current assets reached CZK 422 million in 2009 compared to CZK 92 million in 2010.
2 Sources: Czech Statistical Office, Czech National Bank, Ministry of Labour and Social Affairs.
3 At constant 1995 prices.
