1/26/23 |
Financial & Operational data 2022 Q4 |
Not reviewed by auditors |
Restatements |
Group Income Statement |
Group Balance Sheet |
Group Cash Flow Statement |
Group Financial KPIs |
Group Operational KPIs |
Telia Company |
Sweden |
Finland |
Norway |
Denmark |
Lithuania |
Estonia |
TV and Media |
Other operations |
Latvia |
Telia Carrier |
Foreign exchange rates |
Definitions |
Contact information: |
Telia Company / Investor Relations |
Anders Nilsson |
anders.h.nilsson@teliacompany.com |
Tel. +46 727 26 26 25 |
&P
mailto:anders.h.nilsson@teliacompany.comRestatements performed in the quarter | ||
Restatements | Location (excel sheet) | Referring to period |
As a result of a reorganization employees and CAPEX have been moved from TV and Media to Other operations. Therefore a restatement of CAPEX from TV and Media to Other operations has been performed (net neutral for the group) | Group Financial KPIs, TV and Media and Other Operations | Q1 2020 - Q3 2022 |
The table above provides an overview of any restatements performed in the quarter. Please update your model also with the historical | ||
figures for the period(s) for which the restatement(s) refers to |
Group Income Statement | |||||||||||||||
2020 | 2021 | 2022 | 2020 | 2021 | 2022 | ||||||||||
SEK in millions, except per share data and number of shares | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Net sales | 22,427 | 21,770 | 21,530 | 23,464 | 21,814 | 21,877 | 21,271 | 23,380 | 21,818 | 22,293 | 22,456 | 24,261 | 89,191 | 88,343 | 90,827 |
Cost of sales | -14,486 | -13,831 | -13,389 | -15,431 | -14,481 | -13,980 | -13,861 | -15,989 | -14,057 | -14,050 | -14,433 | -17,404 | -57,138 | -58,311 | -59,944 |
Gross profit | 7,941 | 7,938 | 8,141 | 8,033 | 7,333 | 7,897 | 7,410 | 7,391 | 7,761 | 8,242 | 8,023 | 6,857 | 32,053 | 30,031 | 30,883 |
Selling, admin. and R&D expenses | -5,607 | -5,484 | -4,983 | -5,627 | -5,261 | -5,468 | -4,640 | -5,475 | -5,261 | -5,351 | -4,761 | -5,741 | -21,701 | -20,843 | -21,115 |
Other operating income and expenses, net | -355 | -236 | -6 | -7,524 | -300 | 6,578 | -165 | -173 | -76 | -79 | -96 | -19,036 | -8,122 | 5,940 | -19,287 |
Income from associated companies and joint ventures | 400 | -3,178 | 616 | -17,919 | 24 | 23 | 29 | 28 | 14 | 18 | 23 | 47 | -20,080 | 104 | 102 |
Operating income | 2,378 | -959 | 3,768 | -23,037 | 1,795 | 9,031 | 2,634 | 1,772 | 2,437 | 2,831 | 3,188 | -17,874 | -17,850 | 15,232 | -9,417 |
Finance costs and other financial items, net | -681 | -927 | -712 | -998 | -688 | -678 | -677 | -590 | -1,030 | -710 | -784 | -841 | -3,318 | -2,634 | -3,366 |
Income after financial items | 1,698 | -1,886 | 3,055 | -24,035 | 1,107 | 8,353 | 1,957 | 1,181 | 1,407 | 2,121 | 2,404 | -18,715 | -21,168 | 12,598 | -12,783 |
Income taxes | -374 | -153 | -504 | -358 | -154 | -453 | -335 | 4 | -321 | -437 | -521 | -102 | -1,390 | -937 | -1,381 |
Net income from continuing operations | 1,323 | -2,039 | 2,551 | -24,393 | 953 | 7,900 | 1,622 | 1,185 | 1,086 | 1,684 | 1,883 | -18,818 | -22,558 | 11,661 | -14,165 |
Discontinued operations | |||||||||||||||
Net income from discontinued operations | -199 | 0 | 0 | -80 | 0 | 176 | 0 | -0 | 0 | -0 | -0 | 0 | -279 | 176 | 0 |
Total net income | 1,124 | -2,039 | 2,551 | -24,474 | 953 | 8,076 | 1,622 | 1,185 | 1,086 | 1,684 | 1,883 | -18,818 | -22,837 | 11,836 | -14,165 |
Net income attributable to: | |||||||||||||||
Owners of the parent | 1,088 | -2,063 | 2,499 | -24,517 | 944 | 8,039 | 1,575 | 1,122 | 929 | 1,524 | 1,710 | -18,801 | -22,993 | 11,680 | -14,638 |
Non-controlling interests | 37 | 23 | 53 | 43 | 9 | 37 | 47 | 63 | 157 | 160 | 174 | -17 | 156 | 156 | 474 |
Earnings per share (SEK), basic and diluted | 0.27 | -0.50 | 0.61 | -5.99 | 0.23 | 1.97 | 0.39 | 0.27 | 0.23 | 0.37 | 0.42 | -4.78 | -5.62 | 2.86 | -3.63 |
of which continuing operations | 0.31 | -0.50 | 0.61 | -5.98 | 0.23 | 1.92 | 0.39 | 0.27 | 0.23 | 0.37 | 0.42 | -4.78 | -5.55 | 2.81 | -3.63 |
Number of shares (thousands): | |||||||||||||||
Outstanding at period-end | 4,089,632 | 4,089,632 | 4,089,632 | 4,089,632 | 4,089,632 | 4,089,632 | 4,089,632 | 4,089,632 | 4,089,632 | 4,079,785 | 3,990,248 | 3,932,109 | 4,089,632 | 4,089,632 | 3,932,109 |
Weighted average, basic and diluted | 4,092,575 | 4,089,632 | 4,089,632 | 4,089,632 | 4,089,632 | 4,089,632 | 4,089,632 | 4,089,632 | 4,089,632 | 4,086,259 | 4,028,219 | 3,937,141 | 4,090,367 | 4,089,632 | 4,035,313 |
Continuing operations | |||||||||||||||
EBITDA | 7,071 | 7,305 | 8,042 | 7,556 | 6,778 | 14,006 | 7,476 | 6,890 | 7,030 | 7,499 | 7,871 | 7,016 | 29,974 | 35,151 | 29,417 |
Adjusted EBITDA | 7,224 | 7,697 | 8,151 | 7,411 | 7,179 | 7,655 | 7,738 | 7,290 | 7,202 | 7,681 | 8,070 | 7,374 | 30,482 | 29,861 | 30,328 |
Depreciation, amortization and impairment losses | -5,092 | -5,087 | -4,890 | -12,674 | -5,007 | -4,999 | -4,871 | -5,146 | -4,607 | -4,686 | -4,706 | -24,937 | -27,744 | -20,023 | -38,936 |
Adjusted Operating income | 2,641 | 2,926 | 3,317 | 2,573 | 2,195 | 2,696 | 2,896 | 2,246 | 2,609 | 3,014 | 3,387 | 2,322 | 11,457 | 10,033 | 11,332 |
Discontinued operations | |||||||||||||||
Net sales | 96 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 96 | 0 | 0 |
Adjusted EBITDA | 30 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30 | 0 | 0 |
Net income | -199 | 0 | 0 | -80 | 0 | 176 | 0 | 0 | 0 | 0 | 0 | 0 | -279 | 176 | 0 |
Capital expenditures excl. licenses, spectrum fees and right of use assets | 9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9 | 0 | 0 |
&P
Group Balance Sheet | ||
Dec 31, 2021 | Dec 31, 2022 | |
SEK in millions | ||
Assets | ||
Goodwill and other intangible assets | 89,943 | 74,547 |
Property, plant and equipment | 72,741 | 74,824 |
Film and program rights, non-current | 1,416 | 2,299 |
Right-of-use assets | 15,485 | 16,549 |
Investments in associated companies and joint ventures, pension obligation assets and other non-current assets | 4,749 | 8,171 |
Deferred tax assets | 1,302 | 1,071 |
Long-term interest-bearing receivables | 9,244 | 7,629 |
Total non-current assets | 194,879 | 185,090 |
Film and program rights, current | 3,005 | 3,022 |
Inventories | 2,040 | 2,918 |
Trade and other receivables and current tax receivables | 13,902 | 15,216 |
Short-term interest-bearing receivables | 8,841 | 9,676 |
Cash and cash equivalents | 14,358 | 6,871 |
Assets classified as held for sale | - | - |
Total current assets | 42,146 | 37,703 |
Total assets | 237,025 | 222,793 |
Equity and liabilities | ||
Equity attributable to owners of the parent | 80,731 | 64,239 |
Equity attributable to non-controlling interests | 2,812 | 3,434 |
Total equity | 83,544 | 67,673 |
Long-term borrowings | 91,637 | 94,555 |
Deferred tax liabilities | 10,185 | 10,514 |
Provisions for pensions and other long-term provisions | 7,001 | 5,022 |
Other long-term liabilities | 1,914 | 2,289 |
Total non-current liabilities | 110,736 | 112,379 |
Short-term borrowings | 10,017 | 7,007 |
Trade payables and other current liabilities, current tax payables and short-term provisions | 32,729 | 35,734 |
Liabilities directly associated with assets classified as held for sale | - | - |
Total current liabilities | 42,746 | 42,741 |
Total equity and liabilities | 237,025 | 222,793 |
&P
Group Cash Flow Statement | |||||||||||||||
Total Group | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
SEK in millions | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Adjusted EBITDA continuing operations | 7,224 | 7,697 | 8,151 | 7,411 | 7,179 | 7,655 | 7,738 | 7,290 | 7,202 | 7,681 | 8,070 | 7,374 | 30,482 | 29,861 | 30,328 |
Adjusted EBITDA discontinued operations | 30 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30 | 0 | 0 |
Adjustment for amortization of Film and program rights | 1,281 | 652 | 789 | 1,334 | 1,072 | 966 | 1,030 | 1,908 | 1,513 | 1,208 | 962 | 1,875 | 4,057 | 4,977 | 5,557 |
Dividends received from associated companies | 177 | 0 | -0 | 41 | 0 | 151 | 0 | -0 | 0 | 135 | 0 | 0 | 218 | 152 | 136 |
Interest paid (net) | -937 | -322 | -563 | -813 | -735 | -495 | -578 | -662 | -909 | -389 | -667 | -603 | -2,634 | -2,470 | -2,568 |
Income taxes paid | -505 | -249 | -117 | -503 | -743 | -500 | -215 | -487 | -580 | -622 | -249 | -81 | -1,374 | -1,946 | -1,532 |
Payment of restructuring provisions | -106 | -128 | -118 | -133 | -105 | -168 | -119 | -101 | -108 | -138 | -68 | -74 | -485 | -493 | -388 |
Difference between paid/recorded pensions | 4 | -373 | 17 | -387 | 18 | -373 | 26 | -419 | -40 | -407 | 13 | -461 | -740 | -748 | -896 |
Change in working capital | 915 | -138 | 100 | 2,297 | 1,736 | 387 | -74 | 972 | 222 | -416 | -651 | 110 | 3,173 | 3,020 | -735 |
Amortization of Film and program rights | -1,281 | -652 | -789 | -1,334 | -1,072 | -966 | -1,030 | -1,908 | -1,513 | -1,208 | -962 | -1,875 | -4,057 | -4,977 | -5,557 |
Other items net | 315 | -260 | -138 | 17 | 124 | -489 | -181 | 545 | 184 | -273 | -297 | 43 | -66 | -0 | -343 |
Cash flow from operating activities | 7,117 | 6,227 | 7,332 | 7,929 | 7,474 | 6,168 | 6,598 | 7,137 | 5,972 | 5,571 | 6,151 | 6,307 | 28,604 | 27,376 | 24,001 |
of which from discontinued operations | 22 | 0 | 0 | 0 | 0 | -131 | 0 | 0 | 0 | 0 | 0 | 0 | 22 | -131 | 0 |
Cash CAPEX | -2,900 | -3,482 | -2,969 | -4,140 | -3,625 | -3,400 | -3,141 | -5,481 | -3,205 | -3,678 | -3,673 | -5,351 | -13,490 | -15,647 | -15,908 |
Free cash flow | 4,217 | 2,745 | 4,363 | 3,789 | 3,849 | 2,769 | 3,457 | 1,655 | 2,766 | 1,893 | 2,478 | 956 | 15,114 | 11,729 | 8,094 |
of which from discontinued operations | 17 | 0 | 0 | 0 | 0 | -131 | 0 | 0 | 0 | 0 | 0 | 0 | 17 | -131 | 0 |
Cash flow from other investing activities | 4,368 | 2,029 | 195 | 3,651 | -1,984 | 7,612 | -1,640 | 751 | -1,390 | 1,783 | 3,342 | 2,236 | 10,243 | 4,739 | 5,971 |
Cash flow from investing activities | 1,469 | -1,453 | -2,774 | -489 | -5,609 | 4,212 | -4,781 | -4,730 | -4,596 | -1,895 | -331 | -3,115 | -3,247 | -10,908 | -9,936 |
of which from discontinued operations | -5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5 | 0 | 0 |
Cash flow before financing activities | 8,586 | 4,773 | 4,558 | 7,440 | 1,865 | 10,380 | 1,817 | 2,406 | 1,376 | 3,676 | 5,820 | 3,192 | 25,358 | 16,468 | 14,065 |
Cash flow from financing activities | -3,799 | -5,862 | -1,680 | -11,757 | -1,552 | -6,116 | -906 | -2,026 | -7,757 | -627 | -7,301 | -6,094 | -23,098 | -10,600 | -21,779 |
of which from discontinued operations | -2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2 | 0 | 0 |
Cash flow for the period | 4,787 | -1,089 | 2,877 | -4,317 | 313 | 4,265 | 911 | 380 | -6,381 | 3,049 | -1,480 | -2,902 | 2,259 | 5,868 | -7,714 |
of which from discontinued operations | 15 | 0 | 0 | 0 | 0 | -131 | 0 | 0 | 0 | 0 | 0 | 0 | 15 | -131 | 0 |
Continuing operations | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
SEK in millions | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Adjusted EBITDA | 7,224 | 7,697 | 8,151 | 7,411 | 7,179 | 7,655 | 7,738 | 7,290 | 7,202 | 7,681 | 8,070 | 7,374 | 30,482 | 29,861 | 30,328 |
Adjustment for amortization of Film and program rights | 1,281 | 652 | 789 | 1,334 | 1,072 | 966 | 1,030 | 1,908 | 1,513 | 1,208 | 962 | 1,875 | 4,057 | 4,977 | 5,557 |
Dividends received from associated companies | 177 | 0 | -0 | 41 | 0 | 151 | 0 | -0 | 0 | 135 | 0 | 0 | 218 | 152 | 136 |
Interest paid net (incl. payments of interest on lease liabilities) | -935 | -322 | -563 | -813 | -735 | -495 | -578 | -662 | -909 | -389 | -667 | -603 | -2,633 | -2,470 | -2,568 |
Income taxes paid | -505 | -249 | -117 | -503 | -743 | -500 | -215 | -487 | -580 | -622 | -249 | -81 | -1,374 | -1,946 | -1,532 |
Payment of restructuring provisions | -106 | -128 | -118 | -133 | -105 | -168 | -119 | -101 | -108 | -138 | -68 | -74 | -485 | -493 | -388 |
Difference between paid/recorded pensions | 4 | -373 | 17 | -387 | 18 | -373 | 26 | -419 | -40 | -407 | 13 | -461 | -740 | -748 | -896 |
Change in working capital | 909 | -138 | 100 | 2,297 | 1,736 | 387 | -74 | 972 | 222 | -416 | -651 | 110 | 3,167 | 3,020 | -735 |
Amortization of Film and program rights | -1,281 | -652 | -789 | -1,334 | -1,072 | -966 | -1,030 | -1,908 | -1,513 | -1,208 | -962 | -1,875 | -4,057 | -4,977 | -5,557 |
Other items net | 327 | -260 | -138 | 17 | 124 | -358 | -181 | 545 | 184 | -273 | -297 | 43 | -53 | 131 | -343 |
Cash flow from operating activities | 7,095 | 6,227 | 7,332 | 7,929 | 7,474 | 6,299 | 6,598 | 7,137 | 5,972 | 5,571 | 6,151 | 6,307 | 28,583 | 27,507 | 24,001 |
Cash CAPEX | -2,895 | -3,482 | -2,969 | -4,140 | -3,625 | -3,400 | -3,141 | -5,481 | -3,205 | -3,678 | -3,673 | -5,351 | -13,485 | -15,647 | -15,908 |
Free cash flow | 4,200 | 2,745 | 4,363 | 3,789 | 3,849 | 2,900 | 3,457 | 1,655 | 2,766 | 1,893 | 2,478 | 956 | 15,097 | 11,861 | 8,094 |
Add back: cash CAPEX from licenses from continuing operations | 0 | 112 | 14 | 46 | 868 | 52 | 15 | 331 | 185 | 9 | 262 | 57 | 172 | 1,266 | 513 |
Deduction: dividends from associates from continuing operations | -177 | -0 | 0 | -41 | -0 | -151 | -0 | 0 | -0 | -135 | 0 | -0 | -218 | -152 | -136 |
Add back: taxes paid on dividends from associates from continuing operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deduction: repayment of lease liabilities | -717 | -655 | -645 | -938 | -680 | -743 | -534 | -616 | -788 | -639 | -688 | -632 | -2,955 | -2,574 | -2,748 |
Operational free cash flow | 3,307 | 2,202 | 3,732 | 2,856 | 4,036 | 2,057 | 2,937 | 1,371 | 2,163 | 1,127 | 2,052 | 381 | 12,095 | 10,401 | 5,723 |
&P
Group Financial KPIs | |||||||||||||||
Net sales | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
SEK in millions | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Sweden | 8,322 | 8,351 | 8,202 | 8,857 | 8,401 | 8,492 | 8,424 | 9,133 | 8,548 | 8,641 | 8,698 | 9,225 | 33,732 | 34,451 | 35,112 |
Finland | 3,897 | 3,769 | 3,617 | 3,977 | 3,542 | 3,549 | 3,612 | 3,801 | 3,630 | 3,655 | 3,723 | 4,182 | 15,260 | 14,504 | 15,190 |
Norway | 3,428 | 3,229 | 3,358 | 3,357 | 3,309 | 3,343 | 3,478 | 3,658 | 3,649 | 3,662 | 3,859 | 3,851 | 13,373 | 13,788 | 15,022 |
Denmark | 1,430 | 1,324 | 1,308 | 1,403 | 1,281 | 1,242 | 1,287 | 1,403 | 1,275 | 1,269 | 1,371 | 1,383 | 5,464 | 5,214 | 5,298 |
Lithuania | 996 | 1,047 | 1,032 | 1,076 | 999 | 1,052 | 1,100 | 1,169 | 1,113 | 1,171 | 1,203 | 1,297 | 4,151 | 4,320 | 4,784 |
Estonia | 825 | 796 | 801 | 854 | 778 | 826 | 836 | 891 | 868 | 867 | 922 | 980 | 3,276 | 3,331 | 3,637 |
TV and Media | 1,874 | 1,583 | 1,632 | 2,340 | 1,904 | 2,271 | 1,878 | 2,594 | 2,031 | 2,333 | 1,898 | 2,567 | 7,429 | 8,648 | 8,829 |
Other operations | 2,246 | 2,204 | 2,090 | 2,175 | 2,144 | 1,576 | 957 | 1,046 | 988 | 1,002 | 1,061 | 1,153 | 8,715 | 5,723 | 4,204 |
Telia Carrier | 1,360 | 1,373 | 1,232 | 1,270 | 1,261 | 683 | 0 | 0 | 0 | 0 | 0 | 0 | 5,235 | 1,944 | 0 |
Latvia | 606 | 555 | 609 | 611 | 608 | 603 | 632 | 719 | 697 | 714 | 784 | 871 | 2,381 | 2,562 | 3,065 |
Eliminations & other | 281 | 276 | 249 | 294 | 275 | 290 | 325 | 327 | 291 | 288 | 277 | 282 | 1,100 | 1,216 | 1,138 |
Eliminations & other | -591 | -534 | -510 | -575 | -545 | -475 | -300 | -316 | -285 | -307 | -281 | -376 | -2,211 | -1,635 | -1,248 |
The Group | 22,427 | 21,770 | 21,530 | 23,464 | 21,814 | 21,877 | 21,271 | 23,380 | 21,818 | 22,293 | 22,456 | 24,261 | 89,191 | 88,343 | 90,827 |
Growth like for like regarding exchange rates, acquisitions and disposals (%) | 0.5% | 1.8% | |||||||||||||
Service revenues (External) | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
SEK in millions | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Sweden | 7,434 | 7,469 | 7,286 | 7,544 | 7,233 | 7,336 | 7,337 | 7,677 | 7,380 | 7,446 | 7,429 | 7,597 | 29,734 | 29,582 | 29,852 |
Finland | 3,302 | 3,233 | 3,085 | 3,231 | 2,991 | 3,017 | 3,007 | 3,110 | 3,092 | 3,117 | 3,155 | 3,418 | 12,851 | 12,125 | 12,782 |
Norway | 2,964 | 2,760 | 2,851 | 2,763 | 2,756 | 2,827 | 2,913 | 3,014 | 3,146 | 3,137 | 3,298 | 3,223 | 11,338 | 11,510 | 12,803 |
Denmark | 1,053 | 992 | 966 | 965 | 921 | 937 | 981 | 968 | 990 | 994 | 1,044 | 1,051 | 3,976 | 3,807 | 4,079 |
Lithuania | 795 | 804 | 780 | 788 | 781 | 811 | 840 | 841 | 862 | 905 | 924 | 972 | 3,167 | 3,272 | 3,663 |
Estonia | 680 | 655 | 649 | 643 | 642 | 665 | 684 | 698 | 729 | 725 | 749 | 791 | 2,627 | 2,689 | 2,994 |
TV and Media | 1,874 | 1,582 | 1,633 | 2,340 | 1,904 | 2,271 | 1,878 | 2,594 | 2,031 | 2,333 | 1,898 | 2,564 | 7,429 | 8,647 | 8,826 |
Other operations | 1,614 | 1,634 | 1,482 | 1,491 | 1,519 | 1,019 | 490 | 517 | 528 | 510 | 532 | 557 | 6,221 | 3,546 | 2,127 |
Telia Carrier | 1,138 | 1,153 | 1,018 | 1,043 | 1,055 | 542 | 0 | 0 | 0 | 0 | 0 | 0 | 4,352 | 1,597 | 0 |
Latvia | 388 | 381 | 388 | 365 | 380 | 378 | 396 | 395 | 409 | 418 | 442 | 459 | 1,523 | 1,548 | 1,729 |
Eliminations & other | 88 | 100 | 76 | 82 | 85 | 100 | 94 | 123 | 119 | 91 | 90 | 98 | 346 | 401 | 399 |
Eliminations & other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
The Group | 19,716 | 19,129 | 18,733 | 19,765 | 18,747 | 18,883 | 18,130 | 19,420 | 18,757 | 19,167 | 19,028 | 20,174 | 77,342 | 75,180 | 77,126 |
Growth like for like regarding exchange rates, acquisitions and disposals (%) | 0.7% | 2.1% | |||||||||||||
Adjusted EBITDA | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
SEK in millions | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Sweden | 3,382 | 3,297 | 3,412 | 3,326 | 3,197 | 3,268 | 3,353 | 3,541 | 3,337 | 3,358 | 3,394 | 3,419 | 13,418 | 13,359 | 13,508 |
Finland | 1,151 | 1,218 | 1,274 | 1,146 | 1,063 | 1,038 | 1,179 | 1,042 | 1,111 | 1,130 | 1,140 | 1,063 | 4,789 | 4,322 | 4,443 |
Norway | 1,360 | 1,494 | 1,615 | 1,502 | 1,524 | 1,507 | 1,652 | 1,556 | 1,666 | 1,591 | 1,846 | 1,647 | 5,971 | 6,240 | 6,750 |
Denmark | 226 | 254 | 269 | 265 | 212 | 217 | 235 | 242 | 235 | 248 | 268 | 321 | 1,015 | 906 | 1,072 |
Lithuania | 373 | 375 | 380 | 370 | 368 | 368 | 404 | 370 | 401 | 414 | 419 | 453 | 1,497 | 1,511 | 1,688 |
Estonia | 290 | 281 | 302 | 281 | 292 | 299 | 313 | 292 | 326 | 323 | 340 | 341 | 1,153 | 1,196 | 1,330 |
TV and Media | -2 | 311 | 249 | 200 | 120 | 575 | 191 | -7 | -191 | 345 | 234 | -112 | 758 | 878 | 277 |
Other operations | 443 | 467 | 650 | 321 | 402 | 382 | 410 | 254 | 318 | 271 | 429 | 242 | 1,881 | 1,449 | 1,260 |
Telia Carrier | 228 | 243 | 213 | 225 | 214 | 156 | 0 | 0 | 0 | 0 | 0 | 0 | 909 | 371 | 0 |
Latvia | 199 | 175 | 204 | 201 | 196 | 192 | 211 | 241 | 206 | 218 | 202 | 264 | 778 | 840 | 890 |
Eliminations & other | 16 | 49 | 234 | -105 | -8 | 34 | 199 | 13 | 111 | 54 | 227 | -22 | 194 | 238 | 370 |
Eliminations & other | 1 | -0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | -0 | 1 | 0 | -0 |
The Group | 7,224 | 7,697 | 8,151 | 7,411 | 7,179 | 7,655 | 7,738 | 7,290 | 7,202 | 7,681 | 8,070 | 7,374 | 30,482 | 29,861 | 30,328 |
Growth like for like regarding exchange rates, acquisitions and disposals (%) | -2.0% | 0.0% | |||||||||||||
Adjusted EBITDA margin | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
(%) | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Sweden | 40.6% | 39.5% | 41.6% | 37.6% | 38.1% | 38.5% | 39.8% | 38.8% | 39.0% | 38.9% | 39.0% | 37.1% | 39.8% | 38.8% | 38.5% |
Finland | 29.5% | 32.3% | 35.2% | 28.8% | 30.0% | 29.3% | 32.6% | 27.4% | 30.6% | 30.9% | 30.6% | 25.4% | 31.4% | 29.8% | 29.3% |
Norway | 39.7% | 46.3% | 48.1% | 44.7% | 46.1% | 45.1% | 47.5% | 42.5% | 45.7% | 43.4% | 47.8% | 42.8% | 44.6% | 45.3% | 44.9% |
Denmark | 15.8% | 19.2% | 20.6% | 18.9% | 16.6% | 17.5% | 18.3% | 17.2% | 18.4% | 19.5% | 19.5% | 23.2% | 18.6% | 17.4% | 20.2% |
Lithuania | 37.4% | 35.8% | 36.8% | 34.4% | 36.8% | 35.0% | 36.8% | 31.7% | 36.1% | 35.4% | 34.9% | 34.9% | 36.1% | 35.0% | 35.3% |
Estonia | 35.2% | 35.2% | 37.7% | 32.8% | 37.5% | 36.2% | 37.5% | 32.8% | 37.5% | 37.2% | 36.9% | 34.8% | 35.2% | 35.9% | 36.6% |
TV and Media | -0.1% | 19.7% | 15.2% | 8.6% | 6.3% | 25.3% | 10.1% | -0.3% | -9.4% | 14.8% | 12.3% | -4.3% | 10.2% | 10.2% | 3.1% |
Other operations | 19.7% | 21.2% | 31.1% | 14.8% | 18.8% | 24.3% | 42.9% | 24.3% | 32.2% | 27.1% | 40.4% | 21.0% | 21.6% | 25.3% | 30.0% |
Telia Carrier | 16.8% | 17.7% | 17.3% | 17.7% | 17.0% | 22.8% | - | - | - | - | - | - | 17.4% | 19.1% | - |
Latvia | 32.8% | 31.5% | 33.5% | 32.9% | 32.3% | 31.9% | 33.4% | 33.5% | 29.6% | 30.5% | 25.7% | 30.3% | 32.7% | 32.8% | 29.0% |
Eliminations & other | 5.8% | 17.7% | 93.8% | -35.7% | -3.1% | 11.8% | 61.4% | 4.1% | 38.3% | 18.6% | 81.9% | -7.8% | 17.6% | 19.6% | 32.5% |
Eliminations & other | -0.2% | 0.1% | -0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -0.0% | 0.1% | -0.0% | 0.0% | 0.0% |
The Group | 32.2% | 35.4% | 37.9% | 31.6% | 32.9% | 35.0% | 36.4% | 31.2% | 33.0% | 34.5% | 35.9% | 30.4% | 34.2% | 33.8% | 33.4% |
EBITDA | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
SEK in millions | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Sweden | 3,328 | 3,247 | 3,382 | 3,450 | 3,084 | 3,254 | 3,271 | 3,505 | 3,278 | 3,341 | 3,371 | 3,409 | 13,408 | 13,114 | 13,399 |
Finland | 1,152 | 1,182 | 1,273 | 1,173 | 1,048 | 1,335 | 1,182 | 1,043 | 1,073 | 1,106 | 1,117 | 1,017 | 4,780 | 4,607 | 4,313 |
Norway | 1,326 | 1,458 | 1,571 | 1,456 | 1,457 | 1,494 | 1,643 | 1,487 | 1,658 | 1,546 | 1,830 | 1,638 | 5,811 | 6,081 | 6,672 |
Denmark | 226 | 242 | 270 | 260 | 199 | 205 | 228 | 94 | 241 | 252 | 251 | 256 | 998 | 726 | 999 |
Lithuania | 370 | 373 | 375 | 366 | 376 | 368 | 401 | 361 | 402 | 415 | 414 | 450 | 1,484 | 1,506 | 1,681 |
Estonia | 289 | 279 | 300 | 278 | 288 | 298 | 312 | 291 | 325 | 391 | 340 | 340 | 1,147 | 1,190 | 1,396 |
TV and Media | -8 | 285 | 238 | 178 | 99 | 526 | 184 | -16 | -190 | 340 | 231 | -129 | 694 | 792 | 253 |
Other operations | 387 | 240 | 633 | 395 | 228 | 6,527 | 256 | 125 | 242 | 110 | 317 | 36 | 1,654 | 7,135 | 704 |
Telia Carrier | 228 | 243 | 213 | 222 | 214 | 6,579 | 0 | -20 | 0 | 0 | 0 | 0 | 906 | 6,772 | 0 |
Latvia | 199 | 175 | 204 | 201 | 196 | 192 | 211 | 241 | 206 | 218 | 202 | 264 | 778 | 840 | 890 |
Eliminations & other | -40 | -179 | 216 | -28 | -183 | -244 | 45 | -95 | 35 | -108 | 115 | -228 | -30 | -478 | -186 |
Eliminations & other | 1 | -0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | -0 | 1 | 0 | -0 |
The Group | 7,071 | 7,305 | 8,042 | 7,556 | 6,778 | 14,006 | 7,476 | 6,890 | 7,030 | 7,499 | 7,871 | 7,016 | 29,974 | 35,151 | 29,417 |
Depreciation, amortization and write-downs | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
SEK in millions | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Sweden | -1,661 | -1,698 | -1,671 | -1,620 | -1,867 | -1,932 | -1,859 | -1,868 | -1,673 | -1,706 | -1,725 | -2,404 | -6,650 | -7,526 | -7,508 |
Finland | -906 | -814 | -784 | -8,587 | -803 | -815 | -820 | -810 | -872 | -877 | -876 | -10,402 | -11,091 | -3,247 | -13,028 |
Norway | -1,150 | -1,099 | -1,009 | -1,126 | -1,026 | -977 | -935 | -953 | -1,022 | -998 | -977 | -9,526 | -4,383 | -3,892 | -12,523 |
Denmark | -247 | -255 | -247 | -284 | -250 | -234 | -253 | -288 | -238 | -253 | -249 | -855 | -1,033 | -1,026 | -1,595 |
Lithuania | -156 | -157 | -147 | -259 | -192 | -185 | -187 | -190 | -206 | -207 | -206 | -212 | -718 | -754 | -831 |
Estonia | -185 | -177 | -169 | -173 | -164 | -163 | -164 | -173 | -159 | -173 | -149 | -186 | -705 | -663 | -668 |
TV and Media | -194 | -191 | -208 | -221 | -206 | -203 | -204 | -167 | -192 | -204 | -199 | -503 | -814 | -779 | -1,098 |
Other operations | -595 | -696 | -656 | -404 | -500 | -490 | -449 | -697 | -244 | -267 | -325 | -849 | -2,351 | -2,136 | -1,685 |
Eliminations & other | -0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 |
The Group | -5,092 | -5,087 | -4,890 | -12,674 | -5,007 | -4,999 | -4,871 | -5,146 | -4,607 | -4,686 | -4,706 | -24,937 | -27,744 | -20,023 | -38,936 |
Income from associated companies and joint ventures | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
SEK in millions | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Sweden | -0 | 0 | 0 | 0 | -0 | 0 | -0 | -0 | -0 | -0 | -0 | 0 | 0 | -0 | -1 |
Finland | -0 | -7 | 1 | -3 | -3 | -2 | 0 | 0 | -0 | 0 | 0 | -0 | -9 | -6 | -0 |
Norway | -2 | 1 | 4 | 2 | 0 | -1 | 1 | 3 | -1 | 0 | 0 | -0 | 5 | 3 | -0 |
Denmark | -0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | -0 | 0 | 0 | 1 | 1 | 1 | 2 |
Lithuania | -1 | -9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | -9 | 0 | 0 |
Estonia | 2 | -0 | 1 | 1 | 2 | 3 | 3 | 1 | 2 | 2 | 2 | 0 | 4 | 9 | 6 |
TV and Media | 0 | 0 | 0 | 0 | 0 | -1 | 0 | -0 | 0 | -1 | 0 | -1 | 1 | -1 | -1 |
Other operations | 400 | -3,163 | 610 | -17,920 | 26 | 24 | 24 | 23 | 13 | 16 | 21 | 47 | -20,073 | 97 | 96 |
of which Russia | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
of which Turkey | 356 | -3,207 | 560 | -17,955 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -20,246 | 0 | 0 |
of which Latvia | 45 | 45 | 51 | 37 | 28 | 28 | 28 | 28 | 29 | 29 | 29 | 30 | 179 | 112 | 117 |
Eliminations & other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
The Group | 400 | -3,178 | 616 | -17,919 | 24 | 23 | 29 | 28 | 14 | 18 | 23 | 47 | -20,080 | 104 | 102 |
Adjusted Operating income | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
SEK in millions | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Sweden | 1,721 | 1,600 | 1,741 | 1,706 | 1,330 | 1,336 | 1,494 | 1,672 | 1,663 | 1,652 | 1,669 | 1,438 | 6,768 | 5,833 | 6,422 |
Finland | 355 | 397 | 490 | 356 | 257 | 221 | 359 | 232 | 238 | 253 | 263 | 161 | 1,599 | 1,069 | 915 |
Norway | 209 | 395 | 610 | 378 | 498 | 529 | 718 | 606 | 644 | 594 | 868 | 621 | 1,593 | 2,351 | 2,727 |
Denmark | -21 | -1 | 23 | -19 | -38 | -17 | -18 | 6 | -4 | -5 | 20 | 68 | -17 | -67 | 78 |
Lithuania | 216 | 216 | 232 | 111 | 176 | 183 | 217 | 180 | 195 | 208 | 214 | 240 | 776 | 756 | 856 |
Estonia | 107 | 103 | 135 | 108 | 130 | 139 | 153 | 120 | 169 | 151 | 193 | 155 | 453 | 542 | 669 |
TV and Media | -196 | 120 | 41 | -21 | -86 | 371 | -13 | -174 | -383 | 141 | 35 | -299 | -55 | 99 | -507 |
Other operations | 248 | 96 | 45 | -48 | -72 | -68 | -14 | -397 | 87 | 21 | 125 | -60 | 340 | -551 | 171 |
Eliminations & other | 1 | -0 | 0 | -0 | 0 | -0 | 0 | 0 | 0 | -0 | 0 | -0 | 1 | 0 | -0 |
The Group | 2,641 | 2,926 | 3,317 | 2,573 | 2,195 | 2,696 | 2,896 | 2,246 | 2,609 | 3,014 | 3,387 | 2,322 | 11,457 | 10,033 | 11,332 |
Operating income | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
SEK in millions | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Sweden | 1,667 | 1,550 | 1,711 | 1,831 | 1,218 | 1,322 | 1,411 | 1,637 | 1,605 | 1,634 | 1,647 | 1,005 | 6,758 | 5,588 | 5,891 |
Finland | 246 | 361 | 490 | -7,417 | 241 | 518 | 362 | 233 | 201 | 229 | 240 | -9,385 | -6,320 | 1,354 | -8,716 |
Norway | 175 | 359 | 566 | 332 | 431 | 516 | 709 | 537 | 636 | 548 | 853 | -7,888 | 1,432 | 2,192 | -5,851 |
Denmark | -21 | -14 | 24 | -23 | -52 | -29 | -25 | -193 | 2 | -2 | 2 | -597 | -34 | -299 | -594 |
Lithuania | 214 | 207 | 227 | 107 | 184 | 182 | 214 | 171 | 196 | 208 | 209 | 237 | 756 | 752 | 850 |
Estonia | 106 | 102 | 133 | 106 | 126 | 138 | 152 | 120 | 168 | 219 | 193 | 154 | 446 | 536 | 734 |
TV and Media | -201 | 94 | 30 | -43 | -107 | 322 | -20 | -183 | -382 | 135 | 32 | -633 | -120 | 13 | -847 |
Other operations | 192 | -3,619 | 587 | -17,930 | -247 | 6,060 | -169 | -549 | 10 | -141 | 13 | -767 | -20,770 | 5,096 | -884 |
Eliminations & other | 1 | -0 | 0 | -0 | 0 | 0 | 0 | -0 | 0 | -0 | 0 | -0 | 1 | 0 | -0 |
The Group | 2,378 | -959 | 3,768 | -23,037 | 1,795 | 9,031 | 2,634 | 1,772 | 2,437 | 2,831 | 3,188 | -17,874 | -17,850 | 15,232 | -9,417 |
Capital expenditures excl. right of use assets | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
SEK in millions | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Sweden | 623 | 701 | 615 | 866 | 1,317 | 731 | 683 | 1,716 | 759 | 878 | 773 | 901 | 2,806 | 4,446 | 3,312 |
Finland | 272 | 549 | 475 | 463 | 344 | 435 | 433 | 622 | 321 | 425 | 376 | 444 | 1,759 | 1,833 | 1,566 |
Norway | 458 | 529 | 580 | 883 | 586 | 748 | 1,668 | 1,035 | 532 | 614 | 674 | 1,111 | 2,450 | 4,037 | 2,932 |
Denmark | 93 | 136 | 43 | 79 | 43 | 444 | 136 | 199 | 253 | 99 | 151 | 195 | 351 | 823 | 698 |
Lithuania | 83 | 98 | 95 | 107 | 64 | 126 | 145 | 334 | 92 | 130 | 443 | 190 | 383 | 669 | 854 |
Estonia | 85 | 94 | 78 | 117 | 52 | 95 | 73 | 197 | 55 | 99 | 177 | 155 | 374 | 417 | 486 |
TV and Media | 45 | 47 | 34 | 65 | 23 | 28 | 23 | 47 | 20 | 31 | 62 | 68 | 192 | 121 | 182 |
Other operations | 1,231 | 1,395 | 1,099 | 1,520 | 1,257 | 1,381 | 1,230 | 1,787 | 1,424 | 1,706 | 1,385 | 1,983 | 5,245 | 5,655 | 6,499 |
Eliminations & other | 0 | 0 | 0 | 4 | 0 | 0 | 1 | -2 | 0 | 0 | -0 | 0 | 4 | -1 | 0 |
The Group | 2,890 | 3,550 | 3,020 | 4,103 | 3,687 | 3,988 | 4,391 | 5,935 | 3,456 | 3,982 | 4,042 | 5,049 | 13,563 | 18,001 | 16,528 |
Capital expenditures excl. Licenses, spectrum fees and right of use assets | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
SEK in millions | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Sweden | 623 | 701 | 615 | 866 | 556 | 731 | 683 | 1,716 | 759 | 878 | 773 | 901 | 2,806 | 3,685 | 3,312 |
Finland | 272 | 478 | 476 | 463 | 344 | 435 | 433 | 622 | 321 | 425 | 376 | 444 | 1,689 | 1,833 | 1,566 |
Norway | 458 | 520 | 580 | 883 | 586 | 748 | 665 | 1,043 | 532 | 614 | 674 | 1,111 | 2,441 | 3,043 | 2,932 |
Denmark | 93 | 73 | 43 | 79 | 43 | 84 | 135 | 200 | 121 | 99 | 124 | 194 | 288 | 462 | 538 |
Lithuania | 83 | 98 | 95 | 107 | 64 | 126 | 145 | 334 | 92 | 130 | 188 | 188 | 383 | 669 | 597 |
Estonia | 85 | 94 | 78 | 117 | 52 | 95 | 73 | 197 | 55 | 99 | 88 | 133 | 374 | 417 | 374 |
TV and Media | 45 | 47 | 34 | 65 | 23 | 28 | 23 | 47 | 20 | 31 | 62 | 68 | 192 | 121 | 182 |
Other operations | 1,231 | 1,395 | 1,099 | 1,520 | 1,257 | 1,381 | 1,230 | 1,787 | 1,384 | 1,706 | 1,385 | 1,983 | 5,245 | 5,655 | 6,458 |
Eliminations & other | 0 | 0 | 0 | 4 | 0 | 0 | 1 | -2 | 0 | 0 | -0 | 0 | 4 | -1 | 0 |
The Group | 2,890 | 3,406 | 3,021 | 4,104 | 2,926 | 3,628 | 3,388 | 5,944 | 3,285 | 3,982 | 3,670 | 5,022 | 13,421 | 15,885 | 15,959 |
Capital expenditures excl. right of use assets | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
in relation to external service revenues (%) | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Sweden | 8.4% | 9.4% | 8.4% | 11.5% | 18.2% | 10.0% | 9.3% | 22.4% | 10.3% | 11.8% | 10.4% | 11.9% | 9.4% | 15.0% | 11.1% |
Finland | 8.2% | 17.0% | 15.4% | 14.3% | 11.5% | 14.4% | 14.4% | 20.0% | 10.4% | 13.6% | 11.9% | 13.0% | 13.7% | 15.1% | 12.3% |
Norway | 15.5% | 19.2% | 20.3% | 32.0% | 21.3% | 26.5% | 57.3% | 34.3% | 16.9% | 19.6% | 20.5% | 34.5% | 21.6% | 35.1% | 22.9% |
Denmark | 8.8% | 13.8% | 4.4% | 8.2% | 4.7% | 47.4% | 13.9% | 20.6% | 25.5% | 10.0% | 14.4% | 18.6% | 8.8% | 21.6% | 17.1% |
Lithuania | 10.4% | 12.2% | 12.2% | 13.5% | 8.2% | 15.6% | 17.3% | 39.7% | 10.6% | 14.3% | 47.9% | 19.6% | 12.1% | 20.5% | 23.3% |
Estonia | 12.5% | 14.4% | 11.9% | 18.1% | 8.1% | 14.3% | 10.6% | 28.3% | 7.5% | 13.6% | 23.7% | 19.6% | 14.2% | 15.5% | 16.2% |
TV and Media | 2.4% | 3.0% | 2.1% | 2.8% | 1.2% | 1.2% | 1.2% | 1.8% | 1.0% | 1.3% | 3.3% | 2.7% | 2.6% | 1.4% | 2.1% |
Other operations | 76.2% | 85.4% | 74.2% | 102.0% | 82.8% | 135.5% | 251.0% | 345.4% | 269.7% | 334.5% | 260.4% | 355.8% | 84.3% | 159.5% | 305.5% |
Eliminations & other | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
The Group | 14.7% | 18.6% | 16.1% | 20.8% | 19.7% | 21.1% | 24.2% | 30.6% | 18.4% | 20.8% | 21.2% | 25.0% | 17.5% | 23.9% | 21.4% |
Capital expenditures excl. licenses, spectrum fees and right of use assets | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
in relation to external service revenues (%) | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Sweden | 8.4% | 9.4% | 8.4% | 11.5% | 7.7% | 10.0% | 9.3% | 22.4% | 10.3% | 11.8% | 10.4% | 11.9% | 9.4% | 12.5% | 11.1% |
Finland | 8.2% | 14.8% | 15.4% | 14.3% | 11.5% | 14.4% | 14.4% | 20.0% | 10.4% | 13.6% | 11.9% | 13.0% | 13.1% | 15.1% | 12.3% |
Norway | 15.5% | 18.8% | 20.3% | 32.0% | 21.3% | 26.5% | 22.8% | 34.6% | 16.9% | 19.6% | 20.5% | 34.5% | 21.5% | 26.4% | 22.9% |
Denmark | 8.8% | 7.3% | 4.5% | 8.2% | 4.7% | 9.0% | 13.8% | 20.6% | 12.3% | 10.0% | 11.8% | 18.4% | 7.2% | 12.1% | 13.2% |
Lithuania | 10.4% | 12.2% | 12.2% | 13.5% | 8.2% | 15.6% | 17.3% | 39.7% | 10.6% | 14.3% | 20.3% | 19.3% | 12.1% | 20.5% | 16.3% |
Estonia | 12.5% | 14.4% | 11.9% | 18.1% | 8.1% | 14.3% | 10.6% | 28.3% | 7.5% | 13.6% | 11.7% | 16.8% | 14.2% | 15.5% | 12.5% |
TV and Media | 2.4% | 3.0% | 2.1% | 2.8% | 1.2% | 1.2% | 1.2% | 1.8% | 1.0% | 1.3% | 3.3% | 2.7% | 2.6% | 1.4% | 2.1% |
Other operations | 76.2% | 85.4% | 74.2% | 102.0% | 82.8% | 135.5% | 251.0% | 345.4% | 262.0% | 334.5% | 260.3% | 355.7% | 84.3% | 159.5% | 303.5% |
Eliminations & other | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
The Group | 14.7% | 17.8% | 16.1% | 20.8% | 15.6% | 19.2% | 18.7% | 30.6% | 17.5% | 20.8% | 19.3% | 24.9% | 17.4% | 21.1% | 20.7% |
&P
Group Operational KPIs | |||||||||||||||
Mobile post-paid subscriptions | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
('000) | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Sweden | 5,238 | 5,270 | 5,377 | 5,435 | 5,522 | 5,664 | 5,945 | 6,191 | 6,430 | 6,839 | 7,270 | 7,482 | 5,435 | 6,191 | 7,482 |
Finland | 3,035 | 3,044 | 3,043 | 3,027 | 3,028 | 3,068 | 3,084 | 3,107 | 3,086 | 3,103 | 3,134 | 3,145 | 3,027 | 3,107 | 3,145 |
Norway | 1,945 | 1,956 | 1,958 | 1,953 | 1,981 | 2,002 | 2,015 | 2,018 | 2,033 | 2,075 | 2,103 | 2,109 | 1,953 | 2,018 | 2,109 |
Denmark | 1,458 | 1,472 | 1,484 | 1,494 | 1,496 | 1,542 | 1,603 | 1,620 | 1,627 | 1,631 | 1,671 | 1,712 | 1,494 | 1,620 | 1,712 |
Lithuania | 1,081 | 1,088 | 1,098 | 1,104 | 1,116 | 1,136 | 1,164 | 1,236 | 1,245 | 1,265 | 1,270 | 1,278 | 1,104 | 1,236 | 1,278 |
Estonia | 964 | 976 | 999 | 1,009 | 1,017 | 1,041 | 1,066 | 1,069 | 1,087 | 1,101 | 1,118 | 1,129 | 1,009 | 1,069 | 1,129 |
Latvia | 1,115 | 1,112 | 1,126 | 1,136 | 1,155 | 1,165 | 1,174 | 1,185 | 1,190 | 1,201 | 1,220 | 1,213 | 1,136 | 1,185 | 1,213 |
The Group | 14,836 | 14,917 | 15,086 | 15,158 | 15,314 | 15,618 | 16,052 | 16,426 | 16,698 | 17,214 | 17,787 | 18,069 | 15,158 | 16,426 | 18,069 |
Mobile post-paid subs. of which used for machine-to-machine services | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
('000) | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Sweden | 1,135 | 1,167 | 1,258 | 1,306 | 1,426 | 1,560 | 1,833 | 2,120 | 2,360 | 2,737 | 3,166 | 3,395 | 1,306 | 2,120 | 3,395 |
Finland | 265 | 270 | 280 | 277 | 281 | 290 | 297 | 309 | 315 | 329 | 354 | 381 | 277 | 309 | 381 |
Norway | 90 | 95 | 101 | 107 | 116 | 124 | 129 | 125 | 134 | 165 | 181 | 196 | 107 | 125 | 196 |
Denmark | 86 | 93 | 101 | 113 | 120 | 185 | 243 | 254 | 267 | 280 | 320 | 362 | 113 | 254 | 362 |
Lithuania | 181 | 187 | 197 | 204 | 215 | 225 | 245 | 309 | 309 | 322 | 323 | 322 | 204 | 309 | 322 |
Estonia | 315 | 324 | 346 | 353 | 357 | 375 | 393 | 396 | 416 | 424 | 435 | 448 | 353 | 396 | 448 |
Latvia | 333 | 327 | 333 | 341 | 361 | 365 | 370 | 380 | 382 | 387 | 396 | 401 | 341 | 380 | 401 |
The Group | 2,405 | 2,464 | 2,616 | 2,702 | 2,875 | 3,124 | 3,512 | 3,892 | 4,183 | 4,643 | 5,175 | 5,505 | 2,702 | 3,892 | 5,505 |
Mobile pre-paid subscriptions | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
('000) | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Sweden | 851 | 830 | 830 | 811 | 770 | 754 | 744 | 723 | 688 | 688 | 685 | 654 | 811 | 723 | 654 |
Finland | 130 | 124 | 136 | 138 | 127 | 127 | 132 | 127 | 122 | 128 | 142 | 135 | 138 | 127 | 135 |
Norway | 328 | 310 | 307 | 294 | 281 | 274 | 277 | 271 | 269 | 272 | 276 | 270 | 294 | 271 | 270 |
Denmark | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Lithuania | 268 | 267 | 286 | 294 | 268 | 273 | 284 | 282 | 287 | 317 | 331 | 326 | 294 | 282 | 326 |
Estonia | 111 | 104 | 106 | 103 | 104 | 107 | 114 | 117 | 123 | 131 | 137 | 137 | 103 | 117 | 137 |
Latvia | 189 | 177 | 174 | 171 | 166 | 162 | 164 | 162 | 159 | 171 | 183 | 186 | 171 | 162 | 186 |
The Group | 1,876 | 1,811 | 1,839 | 1,811 | 1,717 | 1,697 | 1,715 | 1,681 | 1,648 | 1,706 | 1,754 | 1,708 | 1,811 | 1,681 | 1,708 |
Mobile subscriptions | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
('000) | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Sweden | 6,089 | 6,100 | 6,207 | 6,246 | 6,292 | 6,418 | 6,689 | 6,914 | 7,117 | 7,527 | 7,955 | 8,136 | 6,246 | 6,914 | 8,136 |
Finland | 3,165 | 3,167 | 3,179 | 3,165 | 3,155 | 3,195 | 3,216 | 3,234 | 3,208 | 3,231 | 3,276 | 3,280 | 3,165 | 3,234 | 3,280 |
Norway | 2,273 | 2,265 | 2,265 | 2,247 | 2,262 | 2,277 | 2,292 | 2,289 | 2,302 | 2,346 | 2,379 | 2,379 | 2,247 | 2,289 | 2,379 |
Denmark | 1,458 | 1,472 | 1,484 | 1,494 | 1,496 | 1,542 | 1,603 | 1,620 | 1,627 | 1,631 | 1,671 | 1,712 | 1,494 | 1,620 | 1,712 |
Lithuania | 1,349 | 1,354 | 1,385 | 1,398 | 1,385 | 1,409 | 1,449 | 1,518 | 1,532 | 1,582 | 1,602 | 1,604 | 1,398 | 1,518 | 1,604 |
Estonia | 1,075 | 1,080 | 1,105 | 1,112 | 1,121 | 1,148 | 1,180 | 1,186 | 1,209 | 1,232 | 1,255 | 1,266 | 1,112 | 1,186 | 1,266 |
Latvia | 1,304 | 1,289 | 1,301 | 1,307 | 1,320 | 1,327 | 1,338 | 1,347 | 1,349 | 1,372 | 1,403 | 1,399 | 1,307 | 1,347 | 1,399 |
The Group | 16,713 | 16,728 | 16,925 | 16,968 | 17,031 | 17,315 | 17,767 | 18,107 | 18,346 | 18,921 | 19,540 | 19,776 | 16,968 | 18,107 | 19,776 |
Mobile post-paid ARPU | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
(local currency/month) | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Sweden (SEK) | 246 | 241 | 242 | 241 | 239 | 244 | 244 | 248 | 248 | 249 | 249 | 251 | 242 | 244 | 249 |
Finland (EUR) | 19.3 | 19.1 | 18.9 | 19.3 | 18.8 | 18.8 | 18.5 | 18.7 | 18.4 | 18.8 | 18.8 | 19.1 | 19.2 | 18.7 | 18.8 |
Norway (NOK) | 273 | 266 | 277 | 273 | 267 | 269 | 285 | 283 | 285 | 283 | 293 | 284 | 272 | 276 | 286 |
Denmark (DKK) | 126 | 119 | 119 | 118 | 118 | 119 | 123 | 122 | 123 | 123 | 125 | 124 | 121 | 121 | 124 |
Lithuania (EUR) | 10.4 | 10.4 | 10.6 | 11.0 | 10.8 | 11.0 | 11.3 | 11.4 | 11.2 | 11.8 | 12.0 | 12.0 | 10.6 | 11.1 | 11.8 |
Estonia (EUR) | 12.2 | 11.8 | 11.6 | 11.5 | 11.6 | 11.6 | 11.8 | 11.9 | 12.0 | 12.1 | 12.3 | 12.7 | 11.8 | 11.7 | 12.3 |
Latvia (EUR) | 13.1 | 12.8 | 12.9 | 12.8 | 13.5 | 12.8 | 13.2 | 13.5 | 13.4 | 13.5 | 13.6 | 15.8 | 12.9 | 13.2 | 14.1 |
Mobile pre-paid ARPU | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
(local currency/month) | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Sweden (SEK) | 70 | 85 | 78 | 93 | 72 | 72 | 76 | 72 | 69 | 74 | 77 | 74 | 81 | 73 | 74 |
Finland (EUR) | 4.7 | 5.2 | 5.6 | 6.0 | 5.3 | 5.5 | 6.2 | 5.7 | 6.1 | 6.4 | 6.4 | 6.1 | 5.4 | 5.7 | 6.3 |
Norway (NOK) | 132 | 138 | 151 | 150 | 136 | 143 | 151 | 155 | 144 | 153 | 156 | 150 | 142 | 146 | 151 |
Denmark (DKK) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Lithuania (EUR) | 3.1 | 3.0 | 3.3 | 3.2 | 3.2 | 3.5 | 3.7 | 3.8 | 3.9 | 3.9 | 4.0 | 4.3 | 3.1 | 3.5 | 4.0 |
Estonia (EUR) | 3.0 | 3.1 | 3.4 | 3.3 | 3.4 | 3.4 | 3.4 | 3.2 | 3.1 | 3.3 | 3.2 | 3.2 | 3.2 | 3.3 | 3.2 |
Latvia (EUR) | 5.2 | 4.8 | 5.6 | 5.5 | 5.3 | 5.7 | 6.0 | 5.6 | 5.3 | 5.5 | 5.3 | 3.3 | 5.3 | 5.6 | 4.9 |
Mobile blended ARPU | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
(local currency/month) | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Sweden (SEK) | 215 | 214 | 215 | 216 | 212 | 217 | 218 | 221 | 222 | 224 | 224 | 226 | 215 | 217 | 224 |
Finland (EUR) | 18.6 | 18.5 | 18.3 | 18.6 | 18.2 | 18.2 | 17.9 | 18.1 | 17.9 | 18.2 | 18.2 | 18.5 | 18.5 | 18.1 | 18.2 |
Norway (NOK) | 252 | 247 | 259 | 256 | 250 | 252 | 268 | 267 | 268 | 267 | 276 | 267 | 253 | 259 | 269 |
Denmark (DKK) | 126 | 119 | 119 | 118 | 118 | 119 | 123 | 122 | 123 | 123 | 125 | 124 | 121 | 121 | 124 |
Lithuania (EUR) | 8.7 | 8.7 | 8.8 | 9.1 | 9.0 | 9.2 | 9.5 | 9.6 | 9.5 | 9.9 | 9.9 | 10.0 | 8.8 | 9.3 | 9.8 |
Estonia (EUR) | 10.9 | 10.5 | 10.5 | 10.4 | 10.5 | 10.5 | 10.6 | 10.7 | 10.7 | 10.7 | 10.8 | 11.1 | 10.6 | 10.6 | 10.8 |
Latvia (EUR) | 11.5 | 11.3 | 11.6 | 11.5 | 12.0 | 11.6 | 12.0 | 12.2 | 12.1 | 12.1 | 12.1 | 13.5 | 11.5 | 12.0 | 12.4 |
Mobile blended churn | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
(%) | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Sweden | 19 | 16 | 14 | 18 | 20 | 17 | 16 | 19 | 18 | 14 | 16 | 20 | 17 | 18 | 17 |
Finland | 23 | 19 | 22 | 24 | 21 | 21 | 22 | 24 | 26 | 20 | 22 | 24 | 22 | 22 | 23 |
Norway | 24 | 22 | 22 | 27 | 19 | 19 | 19 | 20 | 20 | 19 | 21 | 25 | 24 | 19 | 21 |
Denmark | 19 | 26 | 25 | 25 | 22 | 30 | 25 | 26 | 27 | 26 | 25 | 26 | 24 | 25 | 26 |
Lithuania | 35 | 33 | 33 | 35 | 40 | 32 | 34 | 37 | 36 | 34 | 43 | 46 | 34 | 36 | 39 |
Estonia | 25 | 22 | 22 | 21 | 20 | 20 | 19 | 19 | 22 | 20 | 23 | 23 | 23 | 19 | 22 |
Latvia | 30 | 28 | 30 | 27 | 26 | 26 | 27 | 26 | 28 | 27 | 32 | 37 | 29 | 26 | 31 |
PSTN subscriptions | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
('000) | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Sweden | 464 | 441 | 415 | 387 | 360 | 320 | 299 | 282 | 258 | 241 | 228 | 211 | 387 | 282 | 211 |
Finland | 22 | 22 | 21 | 20 | 20 | 18 | 17 | 17 | 16 | 16 | 15 | 14 | 20 | 17 | 14 |
Norway | 9 | 8 | 8 | 7 | 6 | 5 | 5 | 4 | 4 | 3 | 3 | - | 7 | 4 | - |
Denmark | 31 | 30 | 28 | 30 | 31 | 33 | 30 | 30 | 29 | 27 | 25 | 25 | 30 | 30 | 25 |
Lithuania | 251 | 244 | 237 | 230 | 222 | 215 | 208 | 201 | 195 | 188 | 182 | 175 | 230 | 201 | 175 |
Estonia | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Latvia | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
The Group | 777 | 745 | 709 | 674 | 639 | 591 | 559 | 534 | 502 | 475 | 453 | 425 | 674 | 534 | 425 |
VoIP subscriptions | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
('000) | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Sweden | 350 | 338 | 296 | 278 | 270 | 257 | 242 | 227 | 217 | 207 | 198 | 187 | 278 | 227 | 187 |
Finland | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Norway | 36 | 36 | 36 | 33 | 31 | 30 | 29 | 28 | 28 | 26 | 25 | 23 | 33 | 28 | 23 |
Denmark | 35 | 44 | 41 | 36 | 34 | 30 | 29 | 32 | 26 | 26 | 25 | 24 | 36 | 32 | 24 |
Lithuania | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Estonia | 239 | 234 | 230 | 226 | 223 | 218 | 215 | 209 | 204 | 200 | 196 | 192 | 226 | 209 | 192 |
Latvia | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
The Group | 660 | 652 | 603 | 573 | 558 | 535 | 515 | 496 | 475 | 459 | 444 | 426 | 573 | 496 | 426 |
Telephony subscriptions (PSTN + VoIP) | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
('000) | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Sweden | 814 | 779 | 711 | 665 | 630 | 577 | 541 | 509 | 475 | 448 | 426 | 398 | 665 | 509 | 398 |
Finland | 22 | 22 | 21 | 20 | 20 | 18 | 17 | 17 | 16 | 16 | 15 | 14 | 20 | 17 | 14 |
Norway | 45 | 44 | 44 | 40 | 37 | 35 | 34 | 32 | 32 | 29 | 28 | 23 | 40 | 32 | 23 |
Denmark | 66 | 74 | 69 | 66 | 65 | 63 | 59 | 62 | 55 | 53 | 50 | 49 | 66 | 62 | 49 |
Lithuania | 251 | 244 | 237 | 230 | 222 | 215 | 208 | 201 | 195 | 188 | 182 | 175 | 230 | 201 | 175 |
Estonia | 239 | 234 | 230 | 226 | 223 | 218 | 215 | 209 | 204 | 200 | 196 | 192 | 226 | 209 | 192 |
Latvia | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
The Group | 1,437 | 1,397 | 1,312 | 1,247 | 1,197 | 1,126 | 1,074 | 1,030 | 977 | 934 | 897 | 851 | 1,247 | 1,030 | 851 |
Broadband subscriptions | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
('000) | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Sweden | 1,263 | 1,266 | 1,255 | 1,242 | 1,236 | 1,226 | 1,244 | 1,248 | 1,249 | 1,246 | 1,238 | 1,252 | 1,242 | 1,248 | 1,252 |
Finland | 460 | 454 | 456 | 462 | 470 | 470 | 472 | 474 | 467 | 463 | 459 | 467 | 462 | 474 | 467 |
Norway | 451 | 460 | 461 | 469 | 480 | 483 | 490 | 492 | 490 | 494 | 498 | 503 | 469 | 492 | 503 |
Denmark | 72 | 75 | 70 | 68 | 66 | 65 | 62 | 66 | 64 | 64 | 63 | 64 | 68 | 66 | 64 |
Lithuania | 412 | 414 | 416 | 417 | 418 | 417 | 419 | 421 | 422 | 424 | 426 | 427 | 417 | 421 | 427 |
Estonia | 243 | 242 | 243 | 242 | 242 | 242 | 242 | 243 | 242 | 243 | 241 | 242 | 242 | 243 | 242 |
Latvia | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
The Group | 2,901 | 2,911 | 2,901 | 2,900 | 2,912 | 2,903 | 2,929 | 2,944 | 2,934 | 2,934 | 2,925 | 2,955 | 2,900 | 2,944 | 2,955 |
Broadband ARPU | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
(local currency/month) | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Sweden (SEK) | 311 | 309 | 310 | 315 | 314 | 314 | 320 | 324 | 323 | 323 | 332 | 328 | 311 | 318 | 326 |
Finland (EUR) | 12.0 | 11.8 | 12.4 | 12.5 | 11.5 | 11.3 | 11.4 | 11.2 | 10.9 | 10.1 | 10.2 | 9.8 | 12.2 | 11.4 | 10.2 |
Norway (NOK) | 236 | 236 | 231 | 233 | 244 | 243 | 244 | 244 | 256 | 255 | 250 | 248 | 234 | 244 | 252 |
Denmark (DKK) | 168 | 184 | 169 | 164 | 156 | 179 | 182 | 204 | 199 | 206 | 213 | 271 | 171 | 180 | 222 |
Lithuania (EUR) | 10.8 | 10.9 | 11.1 | 11.3 | 11.7 | 12.1 | 12.3 | 12.5 | 12.7 | 13.1 | 13.3 | 13.7 | 11.0 | 12.1 | 13.2 |
Estonia (EUR) | 18.9 | 19.0 | 19.1 | 19.4 | 19.5 | 19.7 | 20.0 | 20.1 | 20.3 | 20.5 | 20.7 | 21.3 | 19.1 | 19.8 | 20.7 |
Latvia (EUR) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
TV subscriptions | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
('000) | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Sweden | 860 | 901 | 919 | 929 | 935 | 949 | 975 | 997 | 1,015 | 1,028 | 1,044 | 1,052 | 929 | 997 | 1,052 |
Finland | 593 | 578 | 574 | 558 | 590 | 610 | 627 | 646 | 658 | 658 | 672 | 678 | 558 | 646 | 678 |
Norway | 477 | 475 | 471 | 469 | 468 | 477 | 477 | 477 | 477 | 475 | 475 | 475 | 469 | 477 | 475 |
Denmark | 21 | 33 | 31 | 29 | 29 | 26 | 26 | 24 | 23 | 20 | 18 | 17 | 29 | 24 | 17 |
Lithuania | 246 | 249 | 251 | 253 | 253 | 254 | 254 | 255 | 254 | 254 | 255 | 257 | 253 | 255 | 257 |
Estonia | 211 | 209 | 209 | 208 | 207 | 207 | 207 | 207 | 205 | 203 | 201 | 200 | 208 | 207 | 200 |
TV and Media | 622 | 593 | 647 | 789 | 764 | 788 | 758 | 771 | 741 | 700 | 728 | 785 | 789 | 771 | 785 |
Latvia | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
The Group | 3,030 | 3,038 | 3,102 | 3,235 | 3,246 | 3,311 | 3,324 | 3,377 | 3,373 | 3,338 | 3,393 | 3,464 | 3,235 | 3,377 | 3,464 |
TV ARPU | 2020 | 2021 | 2022 | 2020 | 2021 | 2022 | |||||||||
(local currency/month) | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Sweden (SEK) | 174 | 161 | 168 | 171 | 175 | 174 | 176 | 185 | 186 | 186 | 186 | 177 | 169 | 177 | 184 |
Finland (EUR) | 8.8 | 6.0 | 6.9 | 8.4 | 7.8 | 7.3 | 6.9 | 7.3 | 6.8 | 6.4 | 6.2 | 6.7 | 7.5 | 7.3 | 6.5 |
Norway (NOK) | 294 | 282 | 293 | 288 | 287 | 282 | 278 | 276 | 279 | 273 | 296 | 285 | 289 | 281 | 283 |
Denmark (DKK) | 363 | 217 | 116 | 124 | 132 | 162 | 166 | 177 | 180 | 226 | 249 | 251 | 205 | 159 | 226 |
Lithuania (EUR) | 12.4 | 12.1 | 11.8 | 12.0 | 12.8 | 12.8 | 12.8 | 12.9 | 12.6 | 12.3 | 12.2 | 12.1 | 12.1 | 12.8 | 12.3 |
Estonia (EUR) | 10.5 | 10.7 | 10.7 | 10.9 | 11.0 | 11.3 | 11.7 | 11.5 | 11.6 | 12.0 | 12.1 | 12.5 | 10.7 | 11.4 | 12.1 |
Latvia (EUR) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
&P
Continuing Operations | |||||||||||||||
2020 | 2021 | 2022 | 2020 | 2021 | 2022 | ||||||||||
SEK in millions | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Mobile subscription revenues | 8,005 | 7,760 | 7,804 | 7,756 | 7,611 | 7,767 | 7,933 | 8,018 | 8,178 | 8,291 | 8,496 | 8,597 | 31,325 | 31,329 | 33,562 |
Interconnect | 498 | 502 | 464 | 461 | 458 | 474 | 470 | 481 | 456 | 442 | 432 | 437 | 1,924 | 1,883 | 1,767 |
Other mobile service revenues | 614 | 629 | 585 | 575 | 479 | 509 | 590 | 591 | 585 | 617 | 732 | 713 | 2,403 | 2,170 | 2,646 |
Mobile Service revenues | 9,117 | 8,891 | 8,853 | 8,792 | 8,548 | 8,750 | 8,993 | 9,091 | 9,219 | 9,350 | 9,660 | 9,746 | 35,652 | 35,381 | 37,975 |
Telephony | 723 | 684 | 657 | 623 | 602 | 559 | 527 | 527 | 492 | 466 | 443 | 430 | 2,687 | 2,215 | 1,832 |
Broadband | 2,036 | 2,010 | 1,997 | 2,006 | 2,017 | 2,023 | 2,057 | 2,105 | 2,149 | 2,143 | 2,178 | 2,201 | 8,049 | 8,202 | 8,671 |
TV | 1,922 | 1,589 | 1,775 | 1,892 | 1,929 | 1,967 | 1,955 | 2,063 | 2,045 | 2,022 | 2,013 | 2,058 | 7,178 | 7,913 | 8,138 |
Business solutions | 1,648 | 1,684 | 1,577 | 1,685 | 1,566 | 1,549 | 1,550 | 1,600 | 1,543 | 1,554 | 1,521 | 1,620 | 6,594 | 6,264 | 6,238 |
Other fixed service revenues | 2,554 | 2,632 | 2,375 | 2,590 | 2,396 | 2,012 | 1,434 | 1,674 | 1,514 | 1,531 | 1,511 | 1,774 | 10,150 | 7,516 | 6,331 |
Fixed Service revenues | 8,883 | 8,599 | 8,382 | 8,795 | 8,510 | 8,109 | 7,522 | 7,967 | 7,744 | 7,716 | 7,667 | 8,083 | 34,659 | 32,109 | 31,209 |
Advertising Revenues | 1,171 | 1,063 | 995 | 1,595 | 1,142 | 1,500 | 1,115 | 1,773 | 1,264 | 1,576 | 1,193 | 1,786 | 4,825 | 5,530 | 5,820 |
Other Service revenues | 545 | 575 | 503 | 582 | 546 | 524 | 500 | 589 | 530 | 526 | 507 | 559 | 2,206 | 2,159 | 2,122 |
Total Service revenues | 19,716 | 19,129 | 18,733 | 19,765 | 18,747 | 18,883 | 18,130 | 19,420 | 18,757 | 19,167 | 19,028 | 20,174 | 77,342 | 75,180 | 77,126 |
Total Equipment revenues | 2,711 | 2,640 | 2,797 | 3,699 | 3,067 | 2,994 | 3,141 | 3,960 | 3,060 | 3,125 | 3,428 | 4,087 | 11,848 | 13,162 | 13,701 |
Total external net sales | 22,427 | 21,770 | 21,530 | 23,464 | 21,814 | 21,877 | 21,271 | 23,380 | 21,818 | 22,292 | 22,456 | 24,261 | 89,190 | 88,342 | 90,827 |
Internal net sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total net sales | 22,427 | 21,770 | 21,530 | 23,464 | 21,814 | 21,877 | 21,271 | 23,380 | 21,818 | 22,293 | 22,456 | 24,261 | 89,191 | 88,343 | 90,827 |
Net sales growth like for like regarding exchange rates, acquisitions and disposals (%) | 0.5% | 1.8% | |||||||||||||
Service revenue growth like for like regarding exchange rates, acquisitions and disposals (%) | 0.7% | 2.1% | |||||||||||||
Adjusted EBITDA | 7,224 | 7,697 | 8,151 | 7,411 | 7,179 | 7,655 | 7,738 | 7,290 | 7,202 | 7,681 | 8,070 | 7,374 | 30,482 | 29,861 | 30,328 |
Margin, % | 32.2% | 35.4% | 37.9% | 31.6% | 32.9% | 35.0% | 36.4% | 31.2% | 33.0% | 34.5% | 35.9% | 30.4% | 34.2% | 33.8% | 33.4% |
EBITDA | 7,071 | 7,305 | 8,042 | 7,556 | 6,778 | 14,006 | 7,476 | 6,890 | 7,030 | 7,499 | 7,871 | 7,016 | 29,974 | 35,151 | 29,417 |
Margin, % | 31.5% | 33.6% | 37.4% | 32.2% | 31.1% | 64.0% | 35.1% | 29.5% | 32.2% | 33.6% | 35.1% | 28.9% | 33.6% | 39.8% | 32.4% |
Depreciation, amortization and write-downs | -5,092 | -5,087 | -4,890 | -12,674 | -5,007 | -4,999 | -4,871 | -5,146 | -4,607 | -4,686 | -4,706 | -24,937 | -27,744 | -20,023 | -38,936 |
Income from associated companies and joint ventures | 400 | -3,178 | 616 | -17,919 | 24 | 23 | 29 | 28 | 14 | 18 | 23 | 47 | -20,080 | 104 | 102 |
Adjusted Operating income | 2,641 | 2,926 | 3,317 | 2,573 | 2,195 | 2,696 | 2,896 | 2,246 | 2,609 | 3,014 | 3,387 | 2,322 | 11,457 | 10,033 | 11,332 |
Margin, % | 11.8% | 13.4% | 15.4% | 11.0% | 10.1% | 12.3% | 13.6% | 9.6% | 12.0% | 13.5% | 15.1% | 9.6% | 12.8% | 11.4% | 12.5% |
Operating income | 2,378 | -959 | 3,768 | -23,037 | 1,795 | 9,031 | 2,634 | 1,772 | 2,437 | 2,831 | 3,188 | -17,874 | -17,850 | 15,232 | -9,417 |
Margin, % | 10.6% | -4.4% | 17.5% | -98.2% | 8.2% | 41.3% | 12.4% | 7.6% | 11.2% | 12.7% | 14.2% | -73.7% | -20.0% | 17.2% | -10.4% |
Capital expenditures excl. licenses, spectrum fees and right of use assets | 2,890 | 3,406 | 3,021 | 4,104 | 2,926 | 3,628 | 3,388 | 5,944 | 3,285 | 3,982 | 3,670 | 5,022 | 13,421 | 15,885 | 15,959 |
Capital expenditures excl. right of use assets | 2,890 | 3,550 | 3,020 | 4,103 | 3,687 | 3,988 | 4,391 | 5,935 | 3,456 | 3,982 | 4,042 | 5,049 | 13,563 | 18,001 | 16,528 |
Mobile | |||||||||||||||
Post-paid subscriptions ('000) | 14,836 | 14,917 | 15,086 | 15,158 | 15,314 | 15,618 | 16,052 | 16,426 | 16,698 | 17,214 | 17,787 | 18,069 | 15,158 | 16,426 | 18,069 |
of which used for machine-to-machine services ('000) | 2,405 | 2,464 | 2,616 | 2,702 | 2,875 | 3,124 | 3,512 | 3,892 | 4,183 | 4,643 | 5,175 | 5,505 | 2,702 | 3,892 | 5,505 |
Pre-paid subscriptions ('000) | 1,876 | 1,811 | 1,839 | 1,811 | 1,717 | 1,697 | 1,715 | 1,681 | 1,648 | 1,706 | 1,754 | 1,708 | 1,811 | 1,681 | 1,708 |
Total subscriptions ('000) | 16,713 | 16,728 | 16,925 | 16,968 | 17,031 | 17,315 | 17,767 | 18,107 | 18,346 | 18,921 | 19,540 | 19,776 | 16,968 | 18,107 | 19,776 |
Post-paid ARPU (SEK/month) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Pre-paid ARPU (SEK/month) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Blended ARPU (SEK/month) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Blended churn (%) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Fixed | |||||||||||||||
PSTN subscriptions ('000) | 777 | 745 | 709 | 674 | 639 | 591 | 559 | 534 | 502 | 475 | 453 | 425 | 674 | 534 | 425 |
VoIP subscriptions ('000) | 660 | 652 | 603 | 573 | 558 | 535 | 515 | 496 | 475 | 459 | 444 | 426 | 573 | 496 | 426 |
Telephony subscriptions ('000) | 1,437 | 1,397 | 1,312 | 1,247 | 1,197 | 1,126 | 1,074 | 1,030 | 977 | 934 | 897 | 851 | 1,247 | 1,030 | 851 |
Broadband subscriptions ('000) | 2,901 | 2,911 | 2,901 | 2,900 | 2,912 | 2,903 | 2,929 | 2,944 | 2,934 | 2,934 | 2,925 | 2,955 | 2,900 | 2,944 | 2,955 |
Broadband ARPU (SEK/month) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
TV subscriptions ('000) | 3,030 | 3,038 | 3,102 | 3,235 | 3,246 | 3,311 | 3,324 | 3,377 | 3,373 | 3,338 | 3,393 | 3,464 | 3,235 | 3,377 | 3,464 |
TV ARPU (SEK/month) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
&P
Sweden | |||||||||||||||
2020 | 2021 | 2022 | 2020 | 2021 | 2022 | ||||||||||
SEK in millions | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Mobile subscription revenues | 3,169 | 3,131 | 3,142 | 3,158 | 3,077 | 3,127 | 3,165 | 3,187 | 3,161 | 3,213 | 3,236 | 3,242 | 12,600 | 12,556 | 12,852 |
Interconnect | 130 | 138 | 123 | 129 | 120 | 125 | 120 | 126 | 119 | 120 | 116 | 125 | 520 | 492 | 479 |
Other mobile service revenues | 131 | 138 | 123 | 130 | 116 | 121 | 141 | 154 | 134 | 139 | 153 | 138 | 522 | 532 | 564 |
Mobile Service revenues | 3,430 | 3,408 | 3,388 | 3,417 | 3,314 | 3,373 | 3,426 | 3,467 | 3,414 | 3,472 | 3,505 | 3,505 | 13,643 | 13,580 | 13,896 |
Telephony | 513 | 489 | 475 | 450 | 431 | 405 | 377 | 370 | 349 | 332 | 313 | 303 | 1,927 | 1,583 | 1,297 |
Broadband | 1,180 | 1,176 | 1,171 | 1,178 | 1,168 | 1,160 | 1,187 | 1,211 | 1,209 | 1,208 | 1,235 | 1,224 | 4,704 | 4,726 | 4,876 |
TV | 452 | 422 | 461 | 475 | 488 | 491 | 506 | 549 | 560 | 569 | 580 | 556 | 1,810 | 2,034 | 2,265 |
Business solutions | 694 | 728 | 665 | 726 | 680 | 669 | 677 | 727 | 663 | 672 | 642 | 674 | 2,813 | 2,754 | 2,651 |
Other fixed service revenues | 902 | 968 | 879 | 1,013 | 885 | 963 | 918 | 1,063 | 946 | 930 | 923 | 1,074 | 3,761 | 3,829 | 3,873 |
Fixed Service revenues | 3,741 | 3,782 | 3,651 | 3,842 | 3,651 | 3,689 | 3,665 | 3,921 | 3,727 | 3,712 | 3,693 | 3,831 | 15,015 | 14,926 | 14,963 |
Advertising Revenues | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Service revenues | 263 | 280 | 247 | 286 | 268 | 273 | 247 | 289 | 240 | 262 | 231 | 261 | 1,075 | 1,076 | 994 |
Total Service revenues | 7,434 | 7,469 | 7,286 | 7,544 | 7,233 | 7,336 | 7,337 | 7,677 | 7,380 | 7,446 | 7,429 | 7,597 | 29,734 | 29,582 | 29,852 |
Total Equipment revenues | 840 | 835 | 886 | 1,287 | 1,123 | 1,110 | 1,067 | 1,434 | 1,150 | 1,175 | 1,253 | 1,604 | 3,848 | 4,734 | 5,182 |
Total external net sales | 8,274 | 8,304 | 8,172 | 8,831 | 8,356 | 8,446 | 8,404 | 9,111 | 8,530 | 8,621 | 8,682 | 9,201 | 33,581 | 34,316 | 35,034 |
Internal net sales | 48 | 47 | 30 | 26 | 45 | 47 | 20 | 23 | 18 | 20 | 16 | 24 | 151 | 134 | 78 |
Total net sales | 8,322 | 8,351 | 8,202 | 8,857 | 8,401 | 8,492 | 8,424 | 9,133 | 8,548 | 8,641 | 8,698 | 9,225 | 33,732 | 34,451 | 35,112 |
Net sales growth like for like regarding exchange rates, acquisitions and disposals (%) | 1.0% | 1.9% | |||||||||||||
Service revenue growth like for like regarding exchange rates, acquisitions and disposals (%) | -1.0% | 0.8% | |||||||||||||
Adjusted EBITDA | 3,382 | 3,297 | 3,412 | 3,326 | 3,197 | 3,268 | 3,353 | 3,541 | 3,337 | 3,358 | 3,394 | 3,419 | 13,418 | 13,359 | 13,508 |
Margin, % | 40.6% | 39.5% | 41.6% | 37.6% | 38.1% | 38.5% | 39.8% | 38.8% | 39.0% | 38.9% | 39.0% | 37.1% | 39.8% | 38.8% | 38.5% |
EBITDA | 3,328 | 3,247 | 3,382 | 3,450 | 3,084 | 3,254 | 3,271 | 3,505 | 3,278 | 3,341 | 3,371 | 3,409 | 13,408 | 13,114 | 13,399 |
Margin, % | 40.0% | 38.9% | 41.2% | 39.0% | 36.7% | 38.3% | 38.8% | 38.4% | 38.4% | 38.7% | 38.8% | 37.0% | 39.7% | 38.1% | 38.2% |
Depreciation, amortization and write-downs | -1,661 | -1,698 | -1,671 | -1,620 | -1,867 | -1,932 | -1,859 | -1,868 | -1,673 | -1,706 | -1,725 | -2,404 | -6,650 | -7,526 | -7,508 |
Income from associated companies and joint ventures | -0 | 0 | 0 | 0 | -0 | 0 | -0 | -0 | -0 | -0 | -0 | 0 | 0 | -0 | -1 |
Adjusted Operating income | 1,721 | 1,600 | 1,741 | 1,706 | 1,330 | 1,336 | 1,494 | 1,672 | 1,663 | 1,652 | 1,669 | 1,438 | 6,768 | 5,833 | 6,422 |
Margin, % | 20.7% | 19.2% | 21.2% | 19.3% | 15.8% | 15.7% | 17.7% | 18.3% | 19.5% | 19.1% | 19.2% | 15.6% | 20.1% | 16.9% | 18.3% |
Operating income | 1,667 | 1,550 | 1,711 | 1,831 | 1,218 | 1,322 | 1,411 | 1,637 | 1,605 | 1,634 | 1,647 | 1,005 | 6,758 | 5,588 | 5,891 |
Margin, % | 20.0% | 18.6% | 20.9% | 20.7% | 14.5% | 15.6% | 16.8% | 17.9% | 18.8% | 18.9% | 18.9% | 10.9% | 20.0% | 16.2% | 16.8% |
Capital expenditures excl. licenses, spectrum fees and right of use assets | 623 | 701 | 615 | 866 | 556 | 731 | 683 | 1,716 | 759 | 878 | 773 | 901 | 2,806 | 3,685 | 3,312 |
Capital expenditures excl. right of use assets | 623 | 701 | 615 | 866 | 1,317 | 731 | 683 | 1,716 | 759 | 878 | 773 | 901 | 2,806 | 4,446 | 3,312 |
Mobile | |||||||||||||||
Post-paid subscriptions ('000) | 5,238 | 5,270 | 5,377 | 5,435 | 5,522 | 5,664 | 5,945 | 6,191 | 6,430 | 6,839 | 7,270 | 7,482 | 5,435 | 6,191 | 7,482 |
of which used for machine-to-machine services ('000) | 1,135 | 1,167 | 1,258 | 1,306 | 1,426 | 1,560 | 1,833 | 2,120 | 2,360 | 2,737 | 3,166 | 3,395 | 1,306 | 2,120 | 3,395 |
Pre-paid subscriptions ('000) | 851 | 830 | 830 | 811 | 770 | 754 | 744 | 723 | 688 | 688 | 685 | 654 | 811 | 723 | 654 |
Total subscriptions ('000) | 6,089 | 6,100 | 6,207 | 6,246 | 6,292 | 6,418 | 6,689 | 6,914 | 7,117 | 7,527 | 7,955 | 8,136 | 6,246 | 6,914 | 8,136 |
Post-paid ARPU (SEK/month) | 246 | 241 | 242 | 241 | 239 | 244 | 244 | 248 | 248 | 249 | 249 | 251 | 242 | 244 | 249 |
Pre-paid ARPU (SEK/month) | 70 | 85 | 78 | 93 | 72 | 72 | 76 | 72 | 69 | 74 | 77 | 74 | 81 | 73 | 74 |
Blended ARPU (SEK/month) | 215 | 214 | 215 | 216 | 212 | 217 | 218 | 221 | 222 | 224 | 224 | 226 | 215 | 217 | 224 |
Blended churn (%) | 19 | 16 | 14 | 18 | 20 | 17 | 16 | 19 | 18 | 14 | 16 | 20 | 17 | 18 | 17 |
Fixed | |||||||||||||||
PSTN subscriptions ('000) | 464 | 441 | 415 | 387 | 360 | 320 | 299 | 282 | 258 | 241 | 228 | 211 | 387 | 282 | 211 |
VoIP subscriptions ('000) | 350 | 338 | 296 | 278 | 270 | 257 | 242 | 227 | 217 | 207 | 198 | 187 | 278 | 227 | 187 |
Telephony subscriptions ('000) | 814 | 779 | 711 | 665 | 630 | 577 | 541 | 509 | 475 | 448 | 426 | 398 | 665 | 509 | 398 |
Broadband subscriptions ('000) | 1,263 | 1,266 | 1,255 | 1,242 | 1,236 | 1,226 | 1,244 | 1,248 | 1,249 | 1,246 | 1,238 | 1,252 | 1,242 | 1,248 | 1,252 |
Broadband ARPU (SEK/month) | 311 | 309 | 310 | 315 | 314 | 314 | 320 | 324 | 323 | 323 | 332 | 328 | 311 | 318 | 326 |
TV subscriptions ('000) | 860 | 901 | 919 | 929 | 935 | 949 | 975 | 997 | 1,015 | 1,028 | 1,044 | 1,052 | 929 | 997 | 1,052 |
TV ARPU (SEK/month) | 174 | 161 | 168 | 171 | 175 | 174 | 176 | 185 | 186 | 186 | 186 | 177 | 169 | 177 | 184 |
&P
Finland | |||||||||||||||
2020 | 2021 | 2022 | 2020 | 2021 | 2022 | ||||||||||
SEK in millions | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Mobile subscription revenues | 1,642 | 1,624 | 1,566 | 1,576 | 1,513 | 1,521 | 1,534 | 1,539 | 1,579 | 1,604 | 1,637 | 1,710 | 6,408 | 6,106 | 6,530 |
Interconnect | 103 | 111 | 96 | 101 | 96 | 98 | 90 | 93 | 84 | 83 | 80 | 85 | 411 | 376 | 331 |
Other mobile service revenues | 146 | 148 | 136 | 139 | 136 | 138 | 149 | 163 | 168 | 166 | 194 | 214 | 569 | 587 | 743 |
Mobile Service revenues | 1,891 | 1,883 | 1,798 | 1,816 | 1,745 | 1,757 | 1,772 | 1,795 | 1,831 | 1,853 | 1,911 | 2,009 | 7,388 | 7,070 | 7,605 |
Telephony | 28 | 28 | 25 | 22 | 17 | 17 | 13 | 16 | 16 | 14 | 13 | 16 | 102 | 64 | 59 |
Broadband | 182 | 173 | 175 | 177 | 164 | 162 | 165 | 162 | 161 | 151 | 151 | 148 | 706 | 653 | 611 |
TV | 171 | 113 | 124 | 147 | 134 | 135 | 130 | 142 | 139 | 133 | 130 | 148 | 555 | 541 | 550 |
Business solutions | 651 | 658 | 619 | 651 | 594 | 594 | 596 | 585 | 587 | 594 | 579 | 634 | 2,579 | 2,369 | 2,394 |
Other fixed service revenues | 306 | 311 | 283 | 348 | 273 | 292 | 271 | 354 | 301 | 316 | 309 | 405 | 1,248 | 1,190 | 1,332 |
Fixed Service revenues | 1,338 | 1,283 | 1,225 | 1,344 | 1,182 | 1,200 | 1,175 | 1,259 | 1,205 | 1,207 | 1,182 | 1,351 | 5,190 | 4,816 | 4,946 |
Advertising Revenues | 2 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 |
Other Service revenues | 71 | 67 | 62 | 71 | 64 | 60 | 60 | 56 | 55 | 57 | 61 | 58 | 271 | 240 | 231 |
Total Service revenues | 3,302 | 3,233 | 3,085 | 3,231 | 2,991 | 3,017 | 3,007 | 3,110 | 3,092 | 3,117 | 3,155 | 3,418 | 12,851 | 12,125 | 12,782 |
Total Equipment revenues | 525 | 484 | 486 | 680 | 491 | 482 | 571 | 647 | 491 | 496 | 523 | 707 | 2,175 | 2,191 | 2,216 |
Total external net sales | 3,827 | 3,716 | 3,572 | 3,911 | 3,482 | 3,499 | 3,578 | 3,758 | 3,582 | 3,613 | 3,678 | 4,124 | 15,026 | 14,316 | 14,998 |
Internal net sales | 70 | 53 | 45 | 66 | 60 | 50 | 34 | 44 | 47 | 42 | 45 | 58 | 234 | 188 | 192 |
Total net sales | 3,897 | 3,769 | 3,617 | 3,977 | 3,542 | 3,549 | 3,612 | 3,801 | 3,630 | 3,655 | 3,723 | 4,182 | 15,260 | 14,504 | 15,190 |
Net sales growth like for like regarding exchange rates, acquisitions and disposals (%) | 2.4% | 0.1% | |||||||||||||
Service revenue growth like for like regarding exchange rates, acquisitions and disposals (%) | 2.2% | 0.6% | |||||||||||||
Adjusted EBITDA | 1,151 | 1,218 | 1,274 | 1,146 | 1,063 | 1,038 | 1,179 | 1,042 | 1,111 | 1,130 | 1,140 | 1,063 | 4,789 | 4,322 | 4,443 |
Margin, % | 29.5% | 32.3% | 35.2% | 28.8% | 30.0% | 29.3% | 32.6% | 27.4% | 30.6% | 30.9% | 30.6% | 25.4% | 31.4% | 29.8% | 29.3% |
EBITDA | 1,152 | 1,182 | 1,273 | 1,173 | 1,048 | 1,335 | 1,182 | 1,043 | 1,073 | 1,106 | 1,117 | 1,017 | 4,780 | 4,607 | 4,313 |
Margin, % | 29.6% | 31.4% | 35.2% | 29.5% | 29.6% | 37.6% | 32.7% | 27.4% | 29.6% | 30.2% | 30.0% | 24.3% | 31.3% | 31.8% | 28.4% |
Depreciation, amortization and write-downs | -906 | -814 | -784 | -8,587 | -803 | -815 | -820 | -810 | -872 | -877 | -876 | -10,402 | -11,091 | -3,247 | -13,028 |
Income from associated companies and joint ventures | -0 | -7 | 1 | -3 | -3 | -2 | 0 | 0 | -0 | 0 | 0 | -0 | -9 | -6 | -0 |
Adjusted Operating income | 355 | 397 | 490 | 356 | 257 | 221 | 359 | 232 | 238 | 253 | 263 | 161 | 1,599 | 1,069 | 915 |
Margin, % | 9.1% | 10.5% | 13.6% | 9.0% | 7.3% | 6.2% | 9.9% | 6.1% | 6.6% | 6.9% | 7.1% | 3.8% | 10.5% | 7.4% | 6.0% |
Operating income | 246 | 361 | 490 | -7,417 | 241 | 518 | 362 | 233 | 201 | 229 | 240 | -9,385 | -6,320 | 1,354 | -8,716 |
Margin, % | 6.3% | 9.6% | 13.5% | -186.5% | 6.8% | 14.6% | 10.0% | 6.1% | 5.5% | 6.3% | 6.5% | -224.4% | -41.4% | 9.3% | -57.4% |
Capital expenditures excl. licenses, spectrum fees and right of use assets | 272 | 478 | 476 | 463 | 344 | 435 | 433 | 622 | 321 | 425 | 376 | 444 | 1,689 | 1,833 | 1,566 |
Capital expenditures excl. right of use assets | 272 | 549 | 475 | 463 | 344 | 435 | 433 | 622 | 321 | 425 | 376 | 444 | 1,759 | 1,833 | 1,566 |
Mobile | |||||||||||||||
Post-paid subscriptions ('000) | 3,035 | 3,044 | 3,043 | 3,027 | 3,028 | 3,068 | 3,084 | 3,107 | 3,086 | 3,103 | 3,134 | 3,145 | 3,027 | 3,107 | 3,145 |
of which used for machine-to-machine services ('000) | 265 | 270 | 280 | 277 | 281 | 290 | 297 | 309 | 315 | 329 | 354 | 381 | 277 | 309 | 381 |
Pre-paid subscriptions ('000) | 130 | 124 | 136 | 138 | 127 | 127 | 132 | 127 | 122 | 128 | 142 | 135 | 138 | 127 | 135 |
Total subscriptions ('000) | 3,165 | 3,167 | 3,179 | 3,165 | 3,155 | 3,195 | 3,216 | 3,234 | 3,208 | 3,231 | 3,276 | 3,280 | 3,165 | 3,234 | 3,280 |
Post-paid ARPU (EUR/month) | 19.3 | 19.1 | 18.9 | 19.3 | 18.8 | 18.8 | 18.5 | 18.7 | 18.4 | 18.8 | 18.8 | 19.1 | 19.2 | 18.7 | 18.8 |
Pre-paid ARPU (EUR/month) | 4.7 | 5.2 | 5.6 | 6.0 | 5.3 | 5.5 | 6.2 | 5.7 | 6.1 | 6.4 | 6.4 | 6.1 | 5.4 | 5.7 | 6.3 |
Blended ARPU (EUR/month) | 18.6 | 18.5 | 18.3 | 18.6 | 18.2 | 18.2 | 17.9 | 18.1 | 17.9 | 18.2 | 18.2 | 18.5 | 18.5 | 18.1 | 18.2 |
Blended churn (%) | 23 | 19 | 22 | 24 | 21 | 21 | 22 | 24 | 26 | 20 | 22 | 24 | 22 | 22 | 23 |
Fixed | |||||||||||||||
PSTN subscriptions ('000) | 22 | 22 | 21 | 20 | 20 | 18 | 17 | 17 | 16 | 16 | 15 | 14 | 20 | 17 | 14 |
VoIP subscriptions ('000) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Telephony subscriptions ('000) | 22 | 22 | 21 | 20 | 20 | 18 | 17 | 17 | 16 | 16 | 15 | 14 | 20 | 17 | 14 |
Broadband subscriptions ('000) | 460 | 454 | 456 | 462 | 470 | 470 | 472 | 474 | 467 | 463 | 459 | 467 | 462 | 474 | 467 |
Broadband ARPU (EUR/month) | 12.0 | 11.8 | 12.4 | 12.5 | 11.5 | 11.3 | 11.4 | 11.2 | 10.9 | 10.1 | 10.2 | 9.8 | 12.2 | 11.4 | 10.2 |
TV subscriptions ('000) | 593 | 578 | 574 | 558 | 590 | 610 | 627 | 646 | 658 | 658 | 672 | 678 | 558 | 646 | 678 |
TV ARPU (EUR/month) | 8.8 | 6.0 | 6.9 | 8.4 | 7.8 | 7.3 | 6.9 | 7.3 | 6.8 | 6.4 | 6.2 | 6.7 | 7.5 | 7.3 | 6.5 |
&P
Norway | |||||||||||||||
2020 | 2021 | 2022 | 2020 | 2021 | 2022 | ||||||||||
SEK in millions | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Mobile subscription revenues | 1,654 | 1,525 | 1,621 | 1,567 | 1,577 | 1,628 | 1,711 | 1,771 | 1,840 | 1,835 | 1,919 | 1,866 | 6,367 | 6,688 | 7,460 |
Interconnect | 109 | 98 | 100 | 98 | 96 | 105 | 103 | 112 | 113 | 108 | 107 | 111 | 406 | 416 | 438 |
Other mobile service revenues | 224 | 222 | 228 | 209 | 142 | 149 | 170 | 167 | 167 | 187 | 231 | 222 | 884 | 628 | 807 |
Mobile Service revenues | 1,987 | 1,845 | 1,950 | 1,874 | 1,816 | 1,882 | 1,985 | 2,050 | 2,119 | 2,130 | 2,256 | 2,199 | 7,656 | 7,732 | 8,705 |
Telephony | 42 | 34 | 32 | 29 | 28 | 25 | 23 | 25 | 28 | 24 | 24 | 21 | 138 | 102 | 97 |
Broadband | 325 | 313 | 309 | 312 | 344 | 353 | 351 | 365 | 399 | 395 | 392 | 392 | 1,259 | 1,413 | 1,578 |
TV | 432 | 389 | 403 | 388 | 396 | 402 | 393 | 402 | 421 | 407 | 445 | 429 | 1,613 | 1,594 | 1,701 |
Business solutions | 115 | 109 | 106 | 109 | 104 | 104 | 101 | 108 | 108 | 111 | 112 | 118 | 439 | 417 | 449 |
Other fixed service revenues | 13 | 21 | 24 | 17 | 23 | 23 | 26 | 22 | 27 | 26 | 29 | 29 | 75 | 94 | 111 |
Fixed Service revenues | 928 | 865 | 875 | 856 | 896 | 907 | 895 | 922 | 984 | 964 | 1,001 | 988 | 3,524 | 3,620 | 3,936 |
Advertising Revenues | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Service revenues | 49 | 50 | 27 | 33 | 45 | 38 | 33 | 42 | 43 | 43 | 40 | 36 | 159 | 158 | 161 |
Total Service revenues | 2,964 | 2,760 | 2,851 | 2,763 | 2,756 | 2,827 | 2,913 | 3,014 | 3,146 | 3,137 | 3,298 | 3,223 | 11,338 | 11,510 | 12,803 |
Total Equipment revenues | 440 | 486 | 500 | 591 | 548 | 512 | 562 | 640 | 494 | 503 | 559 | 607 | 2,017 | 2,261 | 2,164 |
Total external net sales | 3,404 | 3,246 | 3,351 | 3,354 | 3,304 | 3,339 | 3,474 | 3,654 | 3,640 | 3,640 | 3,857 | 3,830 | 13,356 | 13,771 | 14,967 |
Internal net sales | 25 | -17 | 7 | 3 | 5 | 4 | 4 | 4 | 9 | 22 | 3 | 21 | 18 | 17 | 55 |
Total net sales | 3,428 | 3,229 | 3,358 | 3,357 | 3,309 | 3,343 | 3,478 | 3,658 | 3,649 | 3,662 | 3,859 | 3,851 | 13,373 | 13,788 | 15,022 |
Net sales growth like for like regarding exchange rates, acquisitions and disposals (%) | 1.6% | 3.5% | |||||||||||||
Service revenue growth like for like regarding exchange rates, acquisitions and disposals (%) | 3.2% | 5.6% | |||||||||||||
Adjusted EBITDA | 1,360 | 1,494 | 1,615 | 1,502 | 1,524 | 1,507 | 1,652 | 1,556 | 1,666 | 1,591 | 1,846 | 1,647 | 5,971 | 6,240 | 6,750 |
Margin, % | 39.7% | 46.3% | 48.1% | 44.7% | 46.1% | 45.1% | 47.5% | 42.5% | 45.7% | 43.4% | 47.8% | 42.8% | 44.6% | 45.3% | 44.9% |
EBITDA | 1,326 | 1,458 | 1,571 | 1,456 | 1,457 | 1,494 | 1,643 | 1,487 | 1,658 | 1,546 | 1,830 | 1,638 | 5,811 | 6,081 | 6,672 |
Margin, % | 38.7% | 45.1% | 46.8% | 43.4% | 44.0% | 44.7% | 47.2% | 40.7% | 45.4% | 42.2% | 47.4% | 42.5% | 43.4% | 44.1% | 44.4% |
Depreciation, amortization and write-downs | -1,150 | -1,099 | -1,009 | -1,126 | -1,026 | -977 | -935 | -953 | -1,022 | -998 | -977 | -9,526 | -4,383 | -3,892 | -12,523 |
Income from associated companies and joint ventures | -2 | 1 | 4 | 2 | 0 | -1 | 1 | 3 | -1 | 0 | 0 | -0 | 5 | 3 | -0 |
Adjusted Operating income | 209 | 395 | 610 | 378 | 498 | 529 | 718 | 606 | 644 | 594 | 868 | 621 | 1,593 | 2,351 | 2,727 |
Margin, % | 6.1% | 12.2% | 18.2% | 11.3% | 15.0% | 15.8% | 20.6% | 16.6% | 17.6% | 16.2% | 22.5% | 16.1% | 11.9% | 17.1% | 18.2% |
Operating income | 175 | 359 | 566 | 332 | 431 | 516 | 709 | 537 | 636 | 548 | 853 | -7,888 | 1,432 | 2,192 | -5,851 |
Margin, % | 5.1% | 11.1% | 16.9% | 9.9% | 13.0% | 15.4% | 20.4% | 14.7% | 17.4% | 15.0% | 22.1% | -204.8% | 10.7% | 15.9% | -39.0% |
Capital expenditures excl. licenses, spectrum fees and right of use assets | 458 | 520 | 580 | 883 | 586 | 748 | 665 | 1,043 | 532 | 614 | 674 | 1,111 | 2,441 | 3,043 | 2,932 |
Capital expenditures excl. right of use assets | 458 | 529 | 580 | 883 | 586 | 748 | 1,668 | 1,035 | 532 | 614 | 674 | 1,111 | 2,450 | 4,037 | 2,932 |
Mobile | |||||||||||||||
Post-paid subscriptions ('000) | 1,945 | 1,956 | 1,958 | 1,953 | 1,981 | 2,002 | 2,015 | 2,018 | 2,033 | 2,075 | 2,103 | 2,109 | 1,953 | 2,018 | 2,109 |
of which used for machine-to-machine services ('000) | 90 | 95 | 101 | 107 | 116 | 124 | 129 | 125 | 134 | 165 | 181 | 196 | 107 | 125 | 196 |
Pre-paid subscriptions ('000) | 328 | 310 | 307 | 294 | 281 | 274 | 277 | 271 | 269 | 272 | 276 | 270 | 294 | 271 | 270 |
Total subscriptions ('000) | 2,273 | 2,265 | 2,265 | 2,247 | 2,262 | 2,277 | 2,292 | 2,289 | 2,302 | 2,346 | 2,379 | 2,379 | 2,247 | 2,289 | 2,379 |
Post-paid ARPU (NOK/month) | 273 | 266 | 277 | 273 | 267 | 269 | 285 | 283 | 285 | 283 | 293 | 284 | 272 | 276 | 286 |
Pre-paid ARPU (NOK/month) | 132 | 138 | 151 | 150 | 136 | 143 | 151 | 155 | 144 | 153 | 156 | 150 | 142 | 146 | 151 |
Blended ARPU (NOK/month) | 252 | 247 | 259 | 256 | 250 | 252 | 268 | 267 | 268 | 267 | 276 | 267 | 253 | 259 | 269 |
Blended churn (%) | 24 | 22 | 22 | 27 | 19 | 19 | 19 | 20 | 20 | 19 | 21 | 25 | 24 | 19 | 21 |
Fixed | |||||||||||||||
PSTN subscriptions ('000) | 9 | 8 | 8 | 7 | 6 | 5 | 5 | 4 | 4 | 3 | 3 | 0 | 7 | 4 | 0 |
VoIP subscriptions ('000) | 36 | 36 | 36 | 33 | 31 | 30 | 29 | 28 | 28 | 26 | 25 | 23 | 33 | 28 | 23 |
Telephony subscriptions ('000) | 45 | 44 | 44 | 40 | 37 | 35 | 34 | 32 | 32 | 29 | 28 | 23 | 40 | 32 | 23 |
Broadband subscriptions ('000) | 451 | 460 | 461 | 469 | 480 | 483 | 490 | 492 | 490 | 494 | 498 | 503 | 469 | 492 | 503 |
Broadband ARPU (NOK/month) | 236 | 234 | 227 | 239 | 244 | 243 | 244 | 244 | 256 | 255 | 250 | 248 | 234 | 244 | 252 |
TV subscriptions ('000) | 477 | 475 | 471 | 469 | 468 | 477 | 477 | 477 | 477 | 475 | 475 | 475 | 469 | 477 | 475 |
TV ARPU (NOK/month) | 294 | 282 | 293 | 288 | 287 | 282 | 278 | 276 | 279 | 273 | 296 | 285 | 289 | 281 | 283 |
&P
Denmark | |||||||||||||||
2020 | 2021 | 2022 | 2020 | 2021 | 2022 | ||||||||||
SEK in millions | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Mobile subscription revenues | 679 | 645 | 635 | 627 | 607 | 628 | 625 | 610 | 645 | 651 | 676 | 681 | 2,586 | 2,470 | 2,653 |
Interconnect | 61 | 53 | 55 | 57 | 55 | 56 | 73 | 80 | 71 | 64 | 60 | 64 | 225 | 264 | 260 |
Other mobile service revenues | 88 | 90 | 83 | 73 | 70 | 84 | 102 | 91 | 95 | 103 | 120 | 123 | 335 | 347 | 441 |
Mobile Service revenues | 828 | 788 | 773 | 757 | 733 | 768 | 800 | 780 | 810 | 818 | 857 | 868 | 3,146 | 3,081 | 3,354 |
Telephony | 53 | 47 | 46 | 45 | 51 | 38 | 44 | 46 | 31 | 30 | 29 | 28 | 191 | 178 | 119 |
Broadband | 54 | 56 | 50 | 47 | 43 | 48 | 48 | 53 | 55 | 56 | 58 | 75 | 208 | 192 | 244 |
TV | 34 | 17 | 15 | 16 | 16 | 18 | 19 | 18 | 18 | 20 | 20 | 20 | 82 | 70 | 78 |
Business solutions | 48 | 48 | 42 | 54 | 46 | 35 | 32 | 31 | 29 | 29 | 29 | 13 | 192 | 144 | 99 |
Other fixed service revenues | 12 | 9 | 13 | 12 | 10 | 10 | 12 | 16 | 20 | 19 | 26 | 25 | 47 | 48 | 90 |
Fixed Service revenues | 202 | 177 | 167 | 174 | 165 | 148 | 155 | 165 | 153 | 154 | 162 | 162 | 719 | 633 | 631 |
Advertising Revenues | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Service revenues | 24 | 27 | 26 | 34 | 23 | 21 | 26 | 23 | 27 | 22 | 25 | 21 | 110 | 93 | 94 |
Total Service revenues | 1,053 | 992 | 966 | 965 | 921 | 937 | 981 | 968 | 990 | 994 | 1,044 | 1,051 | 3,976 | 3,807 | 4,079 |
Total Equipment revenues | 358 | 308 | 322 | 421 | 339 | 291 | 295 | 418 | 272 | 264 | 316 | 316 | 1,409 | 1,343 | 1,168 |
Total external net sales | 1,411 | 1,300 | 1,289 | 1,385 | 1,260 | 1,228 | 1,276 | 1,386 | 1,262 | 1,259 | 1,360 | 1,367 | 5,385 | 5,150 | 5,247 |
Internal net sales | 19 | 24 | 19 | 18 | 21 | 14 | 11 | 18 | 14 | 10 | 11 | 16 | 80 | 64 | 51 |
Total net sales | 1,430 | 1,324 | 1,308 | 1,403 | 1,281 | 1,242 | 1,287 | 1,403 | 1,275 | 1,269 | 1,371 | 1,383 | 5,464 | 5,214 | 5,298 |
Net sales growth like for like regarding exchange rates, acquisitions and disposals (%) | -8.7% | -2.9% | |||||||||||||
Service revenue growth like for like regarding exchange rates, acquisitions and disposals (%) | 0.5% | 2.0% | |||||||||||||
Adjusted EBITDA | 226 | 254 | 269 | 265 | 212 | 217 | 235 | 242 | 235 | 248 | 268 | 321 | 1,015 | 906 | 1,072 |
Margin, % | 15.8% | 19.2% | 20.6% | 18.9% | 16.6% | 17.5% | 18.3% | 17.2% | 18.4% | 19.5% | 19.5% | 23.2% | 18.6% | 17.4% | 20.2% |
EBITDA | 226 | 242 | 270 | 260 | 199 | 205 | 228 | 94 | 241 | 252 | 251 | 256 | 998 | 726 | 999 |
Margin, % | 15.8% | 18.3% | 20.6% | 18.6% | 15.5% | 16.5% | 17.7% | 6.7% | 18.9% | 19.8% | 18.3% | 18.5% | 18.3% | 13.9% | 18.9% |
Depreciation, amortization and write-downs | -247 | -255 | -247 | -284 | -250 | -234 | -253 | -288 | -238 | -253 | -249 | -855 | -1,033 | -1,026 | -1,595 |
Income from associated companies and joint ventures | -0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | -0 | 0 | 0 | 1 | 1 | 1 | 2 |
Adjusted Operating income | -21 | -1 | 23 | -19 | -38 | -17 | -18 | 6 | -4 | -5 | 20 | 68 | -17 | -67 | 78 |
Margin, % | -1.4% | -0.1% | 1.8% | -1.3% | -3.0% | -1.4% | -1.4% | 0.4% | -0.3% | -0.4% | 1.4% | 4.9% | -0.3% | -1.3% | 1.5% |
Operating income | -21 | -14 | 24 | -23 | -52 | -29 | -25 | -193 | 2 | -2 | 2 | -597 | -34 | -299 | -594 |
Margin, % | -1.4% | -1.0% | 1.8% | -1.6% | -4.0% | -2.3% | -2.0% | -13.8% | 0.2% | -0.1% | 0.2% | -43.2% | -0.6% | -5.7% | -11.2% |
Capital expenditures excl. licenses, spectrum fees and right of use assets | 93 | 73 | 43 | 79 | 43 | 84 | 135 | 200 | 121 | 99 | 124 | 194 | 288 | 462 | 538 |
Capital expenditures excl. right of use assets | 93 | 136 | 43 | 79 | 43 | 444 | 136 | 199 | 253 | 99 | 151 | 195 | 351 | 823 | 698 |
Mobile | |||||||||||||||
Post-paid subscriptions ('000) | 1,458 | 1,472 | 1,484 | 1,494 | 1,496 | 1,542 | 1,603 | 1,620 | 1,627 | 1,631 | 1,671 | 1,712 | 1,494 | 1,620 | 1,712 |
of which used for machine-to-machine services ('000) | 86 | 93 | 101 | 113 | 120 | 185 | 243 | 254 | 267 | 280 | 320 | 362 | 113 | 254 | 362 |
Pre-paid subscriptions ('000) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total subscriptions ('000) | 1,458 | 1,472 | 1,484 | 1,494 | 1,496 | 1,542 | 1,603 | 1,620 | 1,627 | 1,631 | 1,671 | 1,712 | 1,494 | 1,620 | 1,712 |
Post-paid ARPU (DKK/month) | 126 | 119 | 119 | 118 | 118 | 119 | 123 | 122 | 123 | 123 | 125 | 124 | 121 | 121 | 124 |
Pre-paid ARPU (DKK/month) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Blended ARPU (DKK/month) | 126 | 119 | 119 | 118 | 118 | 119 | 123 | 122 | 123 | 123 | 125 | 124 | 121 | 121 | 124 |
Blended churn (%) | 19 | 26 | 25 | 25 | 22 | 30 | 25 | 26 | 27 | 26 | 25 | 26 | 24 | 25 | 26 |
Fixed | |||||||||||||||
PSTN subscriptions ('000) | 31 | 30 | 28 | 30 | 31 | 33 | 30 | 30 | 29 | 27 | 25 | 25 | 30 | 30 | 25 |
VoIP subscriptions ('000) | 35 | 44 | 41 | 36 | 34 | 30 | 29 | 32 | 26 | 26 | 25 | 24 | 36 | 32 | 24 |
Telephony subscriptions ('000) | 66 | 74 | 69 | 66 | 65 | 63 | 59 | 62 | 55 | 53 | 50 | 49 | 66 | 62 | 49 |
Broadband subscriptions ('000) | 72 | 75 | 70 | 68 | 66 | 65 | 62 | 66 | 64 | 64 | 63 | 64 | 68 | 66 | 64 |
Broadband ARPU (DKK/month) | 168 | 184 | 169 | 164 | 156 | 179 | 182 | 204 | 199 | 206 | 213 | 271 | 171 | 180 | 222 |
TV subscriptions ('000) | 21 | 33 | 31 | 29 | 29 | 26 | 26 | 24 | 23 | 20 | 18 | 17 | 29 | 24 | 17 |
TV ARPU (DKK/month) | 363 | 217 | 116 | 124 | 132 | 162 | 166 | 177 | 180 | 226 | 249 | 251 | 205 | 159 | 226 |
&P
Lithuania | |||||||||||||||
2020 | 2021 | 2022 | 2020 | 2021 | 2022 | ||||||||||
SEK in millions | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Mobile subscription revenues | 289 | 283 | 289 | 290 | 289 | 303 | 318 | 322 | 340 | 361 | 380 | 400 | 1,151 | 1,232 | 1,481 |
Interconnect | 39 | 46 | 39 | 45 | 36 | 36 | 33 | 34 | 29 | 28 | 28 | 27 | 169 | 139 | 111 |
Other mobile service revenues | 9 | 16 | 6 | 8 | 6 | 7 | 13 | 9 | 7 | 8 | 13 | 7 | 39 | 36 | 35 |
Mobile Service revenues | 337 | 345 | 335 | 343 | 332 | 346 | 365 | 364 | 376 | 398 | 421 | 433 | 1,359 | 1,407 | 1,627 |
Telephony | 56 | 57 | 51 | 50 | 47 | 45 | 44 | 44 | 43 | 42 | 41 | 41 | 214 | 181 | 167 |
Broadband | 143 | 144 | 143 | 145 | 148 | 153 | 157 | 160 | 168 | 174 | 180 | 192 | 574 | 619 | 714 |
TV | 97 | 95 | 92 | 93 | 99 | 98 | 99 | 100 | 101 | 98 | 99 | 101 | 377 | 396 | 399 |
Business solutions | 56 | 59 | 59 | 60 | 58 | 67 | 76 | 73 | 73 | 75 | 81 | 95 | 235 | 274 | 324 |
Other fixed service revenues | 99 | 99 | 95 | 92 | 92 | 97 | 94 | 97 | 99 | 115 | 99 | 107 | 386 | 380 | 419 |
Fixed Service revenues | 452 | 454 | 440 | 440 | 444 | 461 | 471 | 474 | 483 | 504 | 500 | 536 | 1,786 | 1,849 | 2,023 |
Advertising Revenues | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Service revenues | 6 | 5 | 5 | 5 | 5 | 4 | 5 | 3 | 3 | 3 | 4 | 4 | 21 | 16 | 13 |
Total Service revenues | 795 | 804 | 780 | 788 | 781 | 811 | 840 | 841 | 862 | 905 | 924 | 972 | 3,167 | 3,272 | 3,663 |
Total Equipment revenues | 187 | 229 | 238 | 269 | 205 | 231 | 255 | 323 | 245 | 260 | 274 | 320 | 922 | 1,014 | 1,099 |
Total external net sales | 982 | 1,033 | 1,018 | 1,056 | 986 | 1,042 | 1,095 | 1,164 | 1,107 | 1,165 | 1,198 | 1,292 | 4,089 | 4,286 | 4,763 |
Internal net sales | 14 | 14 | 15 | 19 | 14 | 10 | 5 | 5 | 6 | 6 | 5 | 5 | 63 | 33 | 21 |
Total net sales | 996 | 1,047 | 1,032 | 1,076 | 999 | 1,052 | 1,100 | 1,169 | 1,113 | 1,171 | 1,203 | 1,297 | 4,151 | 4,320 | 4,784 |
Net sales growth like for like regarding exchange rates, acquisitions and disposals (%) | 3.0% | 5.7% | |||||||||||||
Service revenue growth like for like regarding exchange rates, acquisitions and disposals (%) | 7.1% | 6.5% | |||||||||||||
Adjusted EBITDA | 373 | 375 | 380 | 370 | 368 | 368 | 404 | 370 | 401 | 414 | 419 | 453 | 1,497 | 1,511 | 1,688 |
Margin, % | 37.4% | 35.8% | 36.8% | 34.4% | 36.8% | 35.0% | 36.8% | 31.7% | 36.1% | 35.4% | 34.9% | 34.9% | 36.1% | 35.0% | 35.3% |
EBITDA | 370 | 373 | 375 | 366 | 376 | 368 | 401 | 361 | 402 | 415 | 414 | 450 | 1,484 | 1,506 | 1,681 |
Margin, % | 37.2% | 35.6% | 36.3% | 34.0% | 37.6% | 34.9% | 36.5% | 30.9% | 36.2% | 35.4% | 34.4% | 34.7% | 35.7% | 34.9% | 35.1% |
Depreciation, amortization and write-downs | -156 | -157 | -147 | -259 | -192 | -185 | -187 | -190 | -206 | -207 | -206 | -212 | -718 | -754 | -831 |
Income from associated companies and joint ventures | -1 | -9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | -9 | 0 | 0 |
Adjusted Operating income | 216 | 216 | 232 | 111 | 176 | 183 | 217 | 180 | 195 | 208 | 214 | 240 | 776 | 756 | 856 |
Margin, % | 21.7% | 20.6% | 22.5% | 10.3% | 17.6% | 17.4% | 19.8% | 15.4% | 17.5% | 17.7% | 17.8% | 18.5% | 18.7% | 17.5% | 17.9% |
Operating income | 214 | 207 | 227 | 107 | 184 | 182 | 214 | 171 | 196 | 208 | 209 | 237 | 756 | 752 | 850 |
Margin, % | 21.5% | 19.8% | 22.0% | 10.0% | 18.4% | 17.3% | 19.5% | 14.7% | 17.6% | 17.8% | 17.3% | 18.3% | 18.2% | 17.4% | 17.8% |
Capital expenditures excl. licenses, spectrum fees and right of use assets | 83 | 98 | 95 | 107 | 64 | 126 | 145 | 334 | 92 | 130 | 188 | 188 | 383 | 669 | 597 |
Capital expenditures excl. right of use assets | 83 | 98 | 95 | 107 | 64 | 126 | 145 | 334 | 92 | 130 | 443 | 190 | 383 | 669 | 854 |
Mobile | |||||||||||||||
Post-paid subscriptions ('000) | 1,081 | 1,088 | 1,098 | 1,104 | 1,116 | 1,136 | 1,164 | 1,236 | 1,245 | 1,265 | 1,270 | 1,278 | 1,104 | 1,236 | 1,278 |
of which used for machine-to-machine services ('000) | 181 | 187 | 197 | 204 | 215 | 225 | 245 | 309 | 309 | 322 | 323 | 322 | 204 | 309 | 322 |
Pre-paid subscriptions ('000) | 268 | 267 | 286 | 294 | 268 | 273 | 284 | 282 | 287 | 317 | 331 | 326 | 294 | 282 | 326 |
Total subscriptions ('000) | 1,349 | 1,354 | 1,385 | 1,398 | 1,385 | 1,409 | 1,449 | 1,518 | 1,532 | 1,582 | 1,602 | 1,604 | 1,398 | 1,518 | 1,604 |
Post-paid ARPU (EUR/month) | 10.4 | 10.4 | 10.6 | 11.0 | 10.8 | 11.0 | 11.3 | 11.4 | 11.2 | 11.8 | 12.0 | 12.0 | 10.6 | 11.1 | 11.8 |
Pre-paid ARPU (EUR/month) | 3.1 | 3.0 | 3.3 | 3.2 | 3.2 | 3.5 | 3.7 | 3.8 | 3.9 | 3.9 | 4.0 | 4.3 | 3.1 | 3.5 | 4.0 |
Blended ARPU (EUR/month) | 8.7 | 8.7 | 8.8 | 9.1 | 9.0 | 9.2 | 9.5 | 9.6 | 9.5 | 9.9 | 9.9 | 10.0 | 8.8 | 9.3 | 9.8 |
Blended churn (%) | 35 | 33 | 33 | 35 | 40 | 32 | 34 | 37 | 36 | 34 | 43 | 46 | 34 | 36 | 39 |
Fixed | |||||||||||||||
PSTN subscriptions ('000) | 251 | 244 | 237 | 230 | 222 | 215 | 208 | 201 | 195 | 188 | 182 | 175 | 230 | 201 | 175 |
VoIP subscriptions ('000) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Telephony subscriptions ('000) | 251 | 244 | 237 | 230 | 222 | 215 | 208 | 201 | 195 | 188 | 182 | 175 | 230 | 201 | 175 |
Broadband subscriptions ('000) | 412 | 414 | 416 | 417 | 418 | 417 | 419 | 421 | 422 | 424 | 426 | 427 | 417 | 421 | 427 |
Broadband ARPU (EUR/month) | 10.8 | 10.9 | 11.1 | 11.3 | 11.7 | 12.1 | 12.3 | 12.5 | 12.7 | 13.1 | 13.3 | 13.7 | 11.0 | 12.1 | 13.2 |
TV subscriptions ('000) | 246 | 249 | 251 | 253 | 253 | 254 | 254 | 255 | 254 | 254 | 255 | 257 | 253 | 255 | 257 |
TV ARPU (EUR/month) | 12.4 | 12.1 | 11.8 | 12.0 | 12.8 | 12.8 | 12.8 | 12.9 | 12.6 | 12.3 | 12.2 | 12.1 | 12.1 | 12.8 | 12.3 |
&P
Estonia | |||||||||||||||
2020 | 2021 | 2022 | 2020 | 2021 | 2022 | ||||||||||
SEK in millions | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Mobile subscription revenues | 248 | 236 | 235 | 228 | 225 | 232 | 242 | 244 | 257 | 261 | 272 | 290 | 946 | 943 | 1,080 |
Interconnect | 19 | 19 | 15 | 18 | 20 | 19 | 20 | 19 | 16 | 15 | 17 | 17 | 72 | 78 | 65 |
Other mobile service revenues | 3 | 3 | 3 | 3 | 2 | 3 | 5 | 4 | 3 | 4 | 7 | 4 | 11 | 14 | 17 |
Mobile Service revenues | 269 | 259 | 252 | 249 | 247 | 254 | 267 | 267 | 276 | 280 | 295 | 311 | 1,030 | 1,035 | 1,162 |
Telephony | 31 | 30 | 28 | 27 | 28 | 27 | 25 | 25 | 25 | 23 | 22 | 22 | 115 | 105 | 92 |
Broadband | 148 | 147 | 144 | 145 | 144 | 145 | 148 | 149 | 155 | 156 | 160 | 169 | 583 | 585 | 639 |
TV | 71 | 71 | 69 | 70 | 69 | 71 | 74 | 73 | 75 | 77 | 78 | 82 | 281 | 287 | 312 |
Business solutions | 63 | 61 | 61 | 64 | 63 | 66 | 68 | 75 | 83 | 73 | 78 | 87 | 249 | 271 | 321 |
Other fixed service revenues | 94 | 84 | 91 | 86 | 87 | 98 | 99 | 107 | 111 | 115 | 114 | 119 | 356 | 391 | 459 |
Fixed Service revenues | 406 | 393 | 394 | 392 | 392 | 408 | 414 | 427 | 449 | 443 | 452 | 479 | 1,585 | 1,641 | 1,823 |
Advertising Revenues | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Service revenues | 5 | 3 | 3 | 2 | 3 | 3 | 4 | 3 | 4 | 2 | 2 | 1 | 13 | 13 | 8 |
Total Service revenues | 680 | 655 | 649 | 643 | 642 | 665 | 684 | 698 | 729 | 725 | 749 | 791 | 2,627 | 2,689 | 2,994 |
Total Equipment revenues | 132 | 125 | 140 | 198 | 124 | 147 | 149 | 191 | 136 | 139 | 170 | 186 | 596 | 610 | 631 |
Total external net sales | 812 | 780 | 789 | 841 | 766 | 812 | 833 | 888 | 864 | 865 | 919 | 976 | 3,223 | 3,299 | 3,625 |
Internal net sales | 12 | 16 | 12 | 13 | 12 | 15 | 3 | 3 | 4 | 3 | 3 | 3 | 53 | 32 | 12 |
Total net sales | 825 | 796 | 801 | 854 | 778 | 826 | 836 | 891 | 868 | 867 | 922 | 980 | 3,276 | 3,331 | 3,637 |
Net sales growth like for like regarding exchange rates, acquisitions and disposals (%) | 2.0% | 4.2% | |||||||||||||
Service revenue growth like for like regarding exchange rates, acquisitions and disposals (%) | 5.1% | 5.7% | |||||||||||||
Adjusted EBITDA | 290 | 281 | 302 | 281 | 292 | 299 | 313 | 292 | 326 | 323 | 340 | 341 | 1,153 | 1,196 | 1,330 |
Margin, % | 35.2% | 35.2% | 37.7% | 32.8% | 37.5% | 36.2% | 37.5% | 32.8% | 37.5% | 37.2% | 36.9% | 34.8% | 35.2% | 35.9% | 36.6% |
EBITDA | 289 | 279 | 300 | 278 | 288 | 298 | 312 | 291 | 325 | 391 | 340 | 340 | 1,147 | 1,190 | 1,396 |
Margin, % | 35.0% | 35.1% | 37.5% | 32.6% | 37.0% | 36.1% | 37.3% | 32.7% | 37.4% | 45.0% | 36.9% | 34.7% | 35.0% | 35.7% | 38.4% |
Depreciation, amortization and write-downs | -185 | -177 | -169 | -173 | -164 | -163 | -164 | -173 | -159 | -173 | -149 | -186 | -705 | -663 | -668 |
Income from associated companies and joint ventures | 2 | -0 | 1 | 1 | 2 | 3 | 3 | 1 | 2 | 2 | 2 | 0 | 4 | 9 | 6 |
Adjusted Operating income | 107 | 103 | 135 | 108 | 130 | 139 | 153 | 120 | 169 | 151 | 193 | 155 | 453 | 542 | 669 |
Margin, % | 13.0% | 13.0% | 16.8% | 12.6% | 16.7% | 16.8% | 18.2% | 13.5% | 19.4% | 17.4% | 21.0% | 15.8% | 13.8% | 16.3% | 18.4% |
Operating income | 106 | 102 | 133 | 106 | 126 | 138 | 152 | 120 | 168 | 219 | 193 | 154 | 446 | 536 | 734 |
Margin, % | 12.9% | 12.8% | 16.6% | 12.4% | 16.2% | 16.7% | 18.1% | 13.4% | 19.3% | 25.3% | 20.9% | 15.7% | 13.6% | 16.1% | 20.2% |
Capital expenditures excl. licenses, spectrum fees and right of use assets | 85 | 94 | 78 | 117 | 52 | 95 | 73 | 197 | 55 | 99 | 88 | 133 | 374 | 417 | 374 |
Capital expenditures excl. right of use assets | 85 | 94 | 78 | 117 | 52 | 95 | 73 | 197 | 55 | 99 | 177 | 155 | 374 | 417 | 486 |
Mobile | |||||||||||||||
Post-paid subscriptions ('000) | 964 | 976 | 999 | 1,009 | 1,017 | 1,041 | 1,066 | 1,069 | 1,087 | 1,101 | 1,118 | 1,129 | 1,009 | 1,069 | 1,129 |
of which used for machine-to-machine services ('000) | 315 | 324 | 346 | 353 | 357 | 375 | 393 | 396 | 416 | 424 | 435 | 448 | 353 | 396 | 448 |
Pre-paid subscriptions ('000) | 111 | 104 | 106 | 103 | 104 | 107 | 114 | 117 | 123 | 131 | 137 | 137 | 103 | 117 | 137 |
Total subscriptions ('000) | 1,075 | 1,080 | 1,105 | 1,112 | 1,121 | 1,148 | 1,180 | 1,186 | 1,209 | 1,232 | 1,255 | 1,266 | 1,112 | 1,186 | 1,266 |
Post-paid ARPU (EUR/month) | 12.2 | 11.8 | 11.6 | 11.5 | 11.7 | 11.6 | 11.8 | 12.0 | 12.0 | 12.1 | 12.3 | 12.7 | 11.8 | 11.8 | 12.3 |
Pre-paid ARPU (EUR/month) | 3.0 | 3.1 | 3.4 | 3.3 | 3.4 | 3.4 | 3.4 | 3.2 | 3.1 | 3.3 | 3.2 | 3.2 | 3.2 | 3.3 | 3.2 |
Blended ARPU (EUR/month) | 10.9 | 10.5 | 10.5 | 10.4 | 10.5 | 10.5 | 10.6 | 10.7 | 10.7 | 10.7 | 10.8 | 11.1 | 10.6 | 10.6 | 10.8 |
Blended churn (%) | 25 | 22 | 22 | 21 | 20 | 20 | 19 | 19 | 22 | 20 | 23 | 23 | 23 | 19 | 22 |
Fixed | |||||||||||||||
PSTN subscriptions ('000) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
VoIP subscriptions ('000) | 239 | 234 | 230 | 226 | 223 | 218 | 215 | 209 | 204 | 200 | 196 | 192 | 226 | 209 | 192 |
Telephony subscriptions ('000) | 239 | 234 | 230 | 226 | 223 | 218 | 215 | 209 | 204 | 200 | 196 | 192 | 226 | 209 | 192 |
Broadband subscriptions ('000) | 243 | 242 | 243 | 242 | 242 | 242 | 242 | 243 | 242 | 243 | 241 | 242 | 242 | 243 | 242 |
Broadband ARPU (EUR/month) | 18.9 | 19.0 | 19.1 | 19.4 | 19.5 | 19.7 | 20.0 | 20.1 | 20.3 | 20.5 | 20.7 | 21.3 | 19.1 | 19.8 | 20.7 |
TV subscriptions ('000) | 211 | 209 | 209 | 208 | 207 | 207 | 207 | 207 | 205 | 203 | 201 | 200 | 208 | 207 | 200 |
TV ARPU (EUR/month) | 10.5 | 10.7 | 10.7 | 10.9 | 11.0 | 11.3 | 11.7 | 11.5 | 11.6 | 12.0 | 12.1 | 12.5 | 10.7 | 11.4 | 12.1 |
&P
TV and Media | |||||||||||||||
2020 | 2021 | 2022 | 2020 | 2021 | 2022 | ||||||||||
SEK in millions | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Mobile subscription revenues | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interconnect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other mobile service revenues | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Mobile Service revenues | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Telephony | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Broadband | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 4 | 3 | 1 |
TV | 665 | 481 | 610 | 703 | 727 | 752 | 734 | 780 | 732 | 717 | 661 | 721 | 2,460 | 2,992 | 2,831 |
Business solutions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other fixed service revenues | 0 | 0 | 1 | -0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | -0 | 0 |
Fixed Service revenues | 667 | 482 | 611 | 704 | 727 | 752 | 734 | 783 | 732 | 718 | 661 | 721 | 2,464 | 2,995 | 2,832 |
Advertising Revenues | 1,169 | 1,063 | 995 | 1,595 | 1,142 | 1,500 | 1,115 | 1,773 | 1,264 | 1,576 | 1,193 | 1,786 | 4,822 | 5,530 | 5,820 |
Other Service revenues | 38 | 37 | 26 | 41 | 35 | 19 | 29 | 38 | 35 | 39 | 43 | 58 | 142 | 122 | 175 |
Total Service revenues | 1,874 | 1,582 | 1,633 | 2,340 | 1,904 | 2,271 | 1,878 | 2,594 | 2,031 | 2,333 | 1,898 | 2,564 | 7,429 | 8,647 | 8,826 |
Total Equipment revenues | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total external net sales | 1,874 | 1,582 | 1,633 | 2,340 | 1,904 | 2,271 | 1,878 | 2,594 | 2,031 | 2,333 | 1,898 | 2,564 | 7,429 | 8,647 | 8,826 |
Internal net sales | 0 | 0 | -0 | -0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 2 | -0 | 0 | 3 |
Total net sales | 1,874 | 1,583 | 1,632 | 2,340 | 1,904 | 2,271 | 1,878 | 2,594 | 2,031 | 2,333 | 1,898 | 2,567 | 7,429 | 8,648 | 8,829 |
Net sales growth like for like regarding exchange rates, acquisitions and disposals (%) | -2.6% | 1.1% | |||||||||||||
Service revenue growth like for like regarding exchange rates, acquisitions and disposals (%) | -2.7% | 1.0% | |||||||||||||
Adjusted EBITDA | -1 | 311 | 249 | 200 | 120 | 575 | 191 | -7 | -191 | 345 | 234 | -112 | 758 | 878 | 277 |
Margin, % | -0.1% | 19.7% | 15.2% | 8.6% | 6.3% | 25.3% | 10.1% | -0.3% | -9.4% | 14.8% | 12.3% | -4.3% | 10.2% | 10.2% | 3.1% |
EBITDA | -6 | 285 | 238 | 178 | 99 | 526 | 184 | -16 | -190 | 340 | 231 | -129 | 694 | 792 | 253 |
Margin, % | -0.4% | 18.0% | 14.6% | 7.6% | 5.2% | 23.1% | 9.8% | -0.6% | -9.3% | 14.6% | 12.2% | -5.0% | 9.3% | 9.2% | 2.9% |
Depreciation, amortization and write-downs | -194 | -191 | -208 | -221 | -206 | -203 | -204 | -167 | -192 | -204 | -199 | -503 | -814 | -779 | -1,098 |
Income from associated companies and joint ventures | 0 | 0 | 0 | 0 | 0 | -1 | 0 | -0 | 0 | -1 | 0 | -1 | 1 | -1 | -1 |
Adjusted Operating income | -195 | 120 | 41 | -21 | -86 | 371 | -13 | -174 | -383 | 141 | 35 | -299 | -55 | 99 | -507 |
Margin, % | -10.5% | 7.6% | 2.5% | -0.9% | -4.5% | 16.4% | -0.7% | -6.7% | -18.9% | 6.0% | 1.9% | -11.7% | -0.7% | 1.1% | -5.7% |
Operating income | -200 | 94 | 30 | -43 | -107 | 322 | -20 | -183 | -382 | 135 | 32 | -633 | -120 | 13 | -847 |
Margin, % | -10.8% | 6.0% | 1.9% | -1.8% | -5.6% | 14.2% | -1.1% | -7.1% | -18.8% | 5.8% | 1.7% | -24.6% | -1.6% | 0.1% | -9.6% |
Capital expenditures excl. licenses, spectrum fees and right of use assets | 45 | 47 | 34 | 65 | 23 | 28 | 23 | 47 | 20 | 31 | 62 | 68 | 192 | 121 | 182 |
Capital expenditures excl. right of use assets | 45 | 47 | 34 | 65 | 23 | 28 | 23 | 47 | 20 | 31 | 62 | 68 | 192 | 121 | 182 |
Fixed | |||||||||||||||
TV subscriptions ('000) | 622 | 593 | 647 | 789 | 764 | 788 | 758 | 771 | 741 | 700 | 728 | 785 | 789 | 771 | 785 |
&P
Other operations | |||||||||||||||
2020 | 2021 | 2022 | 2020 | 2021 | 2022 | ||||||||||
SEK in millions | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Mobile subscription revenues | 324 | 316 | 316 | 311 | 322 | 328 | 338 | 344 | 357 | 365 | 376 | 407 | 1,267 | 1,333 | 1,505 |
Interconnect | 38 | 35 | 35 | 13 | 34 | 35 | 30 | 18 | 25 | 24 | 25 | 8 | 121 | 117 | 83 |
Other mobile service revenues | 12 | 12 | 6 | 13 | 5 | 6 | 10 | 4 | 11 | 9 | 14 | 4 | 43 | 26 | 38 |
Mobile Service revenues | 374 | 363 | 356 | 337 | 361 | 369 | 379 | 367 | 393 | 398 | 415 | 420 | 1,430 | 1,476 | 1,626 |
Telephony | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 2 | 1 | 1 |
Broadband | 3 | 2 | 4 | 2 | 7 | 1 | 0 | 1 | 2 | 3 | 2 | 1 | 11 | 10 | 9 |
TV | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 |
Business solutions | 20 | 22 | 24 | 21 | 21 | 14 | 0 | 1 | 0 | 0 | 0 | 0 | 87 | 36 | 1 |
Other fixed service revenues | 1,127 | 1,139 | 990 | 1,021 | 1,025 | 529 | 14 | 14 | 9 | 10 | 12 | 15 | 4,277 | 1,583 | 47 |
Fixed Service revenues | 1,150 | 1,164 | 1,018 | 1,044 | 1,054 | 544 | 15 | 16 | 11 | 14 | 15 | 16 | 4,375 | 1,629 | 57 |
Advertising Revenues | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Service revenues | 90 | 107 | 108 | 110 | 105 | 106 | 96 | 135 | 124 | 98 | 102 | 121 | 415 | 441 | 445 |
Total Service revenues | 1,614 | 1,634 | 1,482 | 1,491 | 1,519 | 1,019 | 490 | 517 | 528 | 510 | 532 | 557 | 6,221 | 3,546 | 2,127 |
Total Equipment revenues | 229 | 174 | 224 | 255 | 237 | 222 | 243 | 308 | 273 | 287 | 332 | 348 | 882 | 1,010 | 1,241 |
Total external net sales | 1,843 | 1,808 | 1,706 | 1,746 | 1,757 | 1,241 | 733 | 825 | 801 | 797 | 864 | 905 | 7,103 | 4,556 | 3,368 |
Internal net sales | 403 | 396 | 384 | 429 | 388 | 334 | 224 | 221 | 187 | 205 | 197 | 247 | 1,612 | 1,166 | 835 |
Total net sales | 2,246 | 2,204 | 2,090 | 2,175 | 2,144 | 1,576 | 957 | 1,046 | 988 | 1,002 | 1,061 | 1,153 | 8,715 | 5,723 | 4,204 |
Net sales growth like for like regarding exchange rates, acquisitions and disposals (%) | 5.2% | 2.3% | |||||||||||||
Service revenue growth like for like regarding exchange rates, acquisitions and disposals (%) | 4.4% | 4.7% | |||||||||||||
Adjusted EBITDA | 443 | 467 | 650 | 321 | 402 | 382 | 410 | 254 | 318 | 271 | 429 | 242 | 1,881 | 1,449 | 1,260 |
Margin, % | 19.7% | 21.2% | 31.1% | 14.8% | 18.8% | 24.3% | 42.9% | 24.3% | 32.2% | 27.1% | 40.4% | 21.0% | 21.6% | 25.3% | 30.0% |
EBITDA | 387 | 240 | 633 | 395 | 228 | 6,527 | 256 | 125 | 242 | 110 | 317 | 36 | 1,654 | 7,135 | 704 |
Margin, % | 17.2% | 10.9% | 30.3% | 18.1% | 10.6% | 414.2% | 26.8% | 11.9% | 24.4% | 11.0% | 29.9% | 3.1% | 19.0% | 124.7% | 16.7% |
Depreciation, amortization and write-downs | -595 | -696 | -656 | -404 | -500 | -490 | -449 | -697 | -244 | -267 | -325 | -849 | -2,351 | -2,136 | -1,685 |
Income from associated companies and joint ventures | 400 | -3,163 | 610 | -17,920 | 26 | 24 | 24 | 23 | 13 | 16 | 21 | 47 | -20,073 | 97 | 96 |
Adjusted Operating income | 248 | 96 | 45 | -48 | -72 | -68 | -14 | -397 | 87 | 21 | 125 | -60 | 340 | -551 | 171 |
Margin, % | 11.0% | 4.3% | 2.1% | -2.2% | -3.3% | -4.3% | -1.5% | -37.9% | 8.8% | 2.1% | 11.7% | -5.2% | 3.9% | -9.6% | 4.1% |
Operating income | 192 | -3,619 | 587 | -17,930 | -247 | 6,060 | -169 | -549 | 10 | -141 | 13 | -767 | -20,770 | 5,096 | -884 |
Margin, % | 8.5% | -164.2% | 28.1% | -824.3% | -11.5% | 384.6% | -17.6% | -52.5% | 1.1% | -14.0% | 1.2% | -66.5% | -238.3% | 89.0% | -21.0% |
Capital expenditures excl. licenses, spectrum fees and right of use assets | 1,231 | 1,395 | 1,099 | 1,520 | 1,257 | 1,381 | 1,230 | 1,787 | 1,384 | 1,706 | 1,385 | 1,983 | 5,245 | 5,655 | 6,458 |
Capital expenditures excl. right of use assets | 1,231 | 1,395 | 1,099 | 1,520 | 1,257 | 1,381 | 1,230 | 1,787 | 1,424 | 1,706 | 1,385 | 1,983 | 5,245 | 5,655 | 6,499 |
&P
Latvia (included in Other operations) | |||||||||||||||
2020 | 2021 | 2022 | 2020 | 2021 | 2022 | ||||||||||
SEK in millions | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Mobile subscription revenues | 320 | 313 | 311 | 307 | 318 | 305 | 326 | 331 | 344 | 351 | 361 | 391 | 1,251 | 1,280 | 1,447 |
Interconnect | 38 | 35 | 35 | 13 | 34 | 35 | 30 | 18 | 25 | 24 | 25 | 8 | 121 | 117 | 83 |
Other mobile service revenues | 10 | 9 | 10 | 13 | 5 | 6 | 10 | 4 | 7 | 9 | 13 | 4 | 42 | 26 | 33 |
Mobile Service revenues | 367 | 357 | 356 | 333 | 357 | 346 | 366 | 354 | 376 | 384 | 400 | 404 | 1,414 | 1,423 | 1,563 |
Telephony | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Broadband | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
TV | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Business solutions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other fixed service revenues | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 |
Fixed Service revenues | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 |
Advertising Revenues | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Service revenues | 21 | 24 | 33 | 32 | 23 | 31 | 30 | 41 | 33 | 35 | 42 | 56 | 110 | 125 | 166 |
Total Service revenues | 388 | 381 | 388 | 365 | 380 | 378 | 396 | 395 | 409 | 418 | 442 | 459 | 1,523 | 1,548 | 1,729 |
Total Equipment revenues | 214 | 170 | 217 | 241 | 225 | 213 | 232 | 317 | 280 | 287 | 333 | 348 | 841 | 987 | 1,248 |
Total external net sales | 602 | 551 | 605 | 606 | 605 | 590 | 628 | 712 | 689 | 705 | 775 | 807 | 2,364 | 2,535 | 2,977 |
Internal net sales | 4 | 4 | 4 | 4 | 4 | 12 | 4 | 7 | 7 | 8 | 9 | 64 | 16 | 27 | 88 |
Total net sales | 606 | 555 | 609 | 611 | 608 | 603 | 632 | 719 | 697 | 714 | 784 | 871 | 2,381 | 2,562 | 3,065 |
Net sales growth like for like regarding exchange rates, acquisitions and disposals (%) | 12.6% | 7.1% | |||||||||||||
Service revenue growth like for like regarding exchange rates, acquisitions and disposals (%) | 7.9% | 3.5% | |||||||||||||
Adjusted EBITDA | 199 | 175 | 204 | 201 | 196 | 192 | 211 | 241 | 206 | 218 | 202 | 264 | 778 | 840 | 890 |
Margin, % | 32.8% | 31.5% | 33.5% | 32.9% | 32.3% | 31.9% | 33.4% | 33.5% | 29.6% | 30.5% | 25.7% | 30.3% | 32.7% | 32.8% | 29.0% |
EBITDA | 199 | 175 | 204 | 201 | 196 | 192 | 211 | 241 | 206 | 218 | 202 | 264 | 778 | 840 | 890 |
Margin, % | 32.8% | 31.5% | 33.5% | 32.9% | 32.3% | 31.9% | 33.4% | 33.5% | 29.6% | 30.5% | 25.7% | 30.3% | 32.7% | 32.8% | 29.0% |
Mobile | |||||||||||||||
Post-paid subscriptions ('000) | 1,115 | 1,112 | 1,126 | 1,136 | 1,155 | 1,165 | 1,174 | 1,185 | 1,190 | 1,201 | 1,220 | 1,213 | 1,136 | 1,185 | 1,213 |
of which used for machine-to-machine services ('000) | 333 | 327 | 333 | 341 | 361 | 365 | 370 | 380 | 382 | 387 | 396 | 401 | 341 | 380 | 401 |
Pre-paid subscriptions ('000) | 189 | 177 | 174 | 171 | 166 | 162 | 164 | 162 | 159 | 171 | 183 | 186 | 171 | 162 | 186 |
Total subscriptions ('000) | 1,304 | 1,289 | 1,301 | 1,307 | 1,320 | 1,327 | 1,338 | 1,347 | 1,349 | 1,372 | 1,403 | 1,399 | 1,307 | 1,347 | 1,399 |
Post-paid ARPU (EUR/month) | 13.1 | 12.8 | 12.9 | 12.8 | 13.5 | 12.8 | 13.2 | 13.5 | 13.4 | 13.5 | 13.6 | 15.8 | 12.9 | 13.2 | 14.1 |
Pre-paid ARPU (EUR/month) | 5.2 | 4.8 | 5.6 | 5.5 | 5.3 | 5.7 | 6.0 | 5.6 | 5.3 | 5.5 | 5.3 | 3.3 | 5.3 | 5.6 | 4.9 |
Blended ARPU (EUR/month) | 11.5 | 11.3 | 11.6 | 11.5 | 12.0 | 11.6 | 12.0 | 12.2 | 12.1 | 12.1 | 12.1 | 13.5 | 11.5 | 12.0 | 12.4 |
Blended churn (%) | 30 | 28 | 30 | 27 | 26 | 26 | 27 | 26 | 28 | 27 | 32 | 37 | 29 | 26 | 31 |
Fixed | |||||||||||||||
PSTN subscriptions ('000) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
VoIP subscriptions ('000) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Telephony subscriptions ('000) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Broadband subscriptions ('000) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Broadband ARPU (EUR/month) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
TV subscriptions ('000) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
TV ARPU (EUR/month) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
&P
Telia Carrier (included in Other operations) | |||||||||||||||
2020 | 2021 | 2022 | 2020 | 2021 | 2022 | ||||||||||
SEK in millions | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Mobile subscription revenues | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interconnect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other mobile service revenues | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Mobile Service revenues | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Telephony | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Broadband | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
TV | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Business solutions | 20 | 21 | 22 | 21 | 21 | 14 | 0 | 0 | 0 | 0 | 0 | 0 | 84 | 35 | 0 |
Other fixed service revenues | 1,114 | 1,122 | 983 | 1,007 | 1,019 | 515 | 0 | 0 | 0 | 0 | 0 | 0 | 4,226 | 1,534 | 0 |
Fixed Service revenues | 1,134 | 1,144 | 1,005 | 1,028 | 1,040 | 529 | 0 | 0 | 0 | 0 | 0 | 0 | 4,310 | 1,569 | 0 |
Advertising Revenues | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Service revenues | 4 | 9 | 13 | 16 | 15 | 13 | 0 | 0 | 0 | 0 | 0 | 0 | 42 | 28 | 0 |
Total Service revenues | 1,138 | 1,153 | 1,018 | 1,043 | 1,055 | 542 | 0 | 0 | 0 | 0 | 0 | 0 | 4,352 | 1,597 | 0 |
Total Equipment revenues | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total external net sales | 1,138 | 1,153 | 1,018 | 1,043 | 1,055 | 542 | 0 | 0 | 0 | 0 | 0 | 0 | 4,352 | 1,597 | 0 |
Internal net sales | 222 | 220 | 214 | 227 | 206 | 142 | 0 | 0 | 0 | 0 | 0 | 0 | 883 | 347 | 0 |
Total net sales | 1,360 | 1,373 | 1,232 | 1,270 | 1,261 | 683 | 0 | 0 | 0 | 0 | 0 | 0 | 5,235 | 1,944 | 0 |
Net sales growth like for like regarding exchange rates, acquisitions and disposals (%) | |||||||||||||||
Service revenue growth like for like regarding exchange rates, acquisitions and disposals (%) | |||||||||||||||
Adjusted EBITDA | 228 | 243 | 213 | 225 | 214 | 156 | 0 | 0 | 0 | 0 | 0 | 0 | 909 | 371 | 0 |
Margin, % | 16.8% | 17.7% | 17.3% | 17.7% | 17.0% | 22.8% | 17.4% | 19.1% | |||||||
EBITDA | 228 | 243 | 213 | 222 | 214 | 6,579 | 0 | -20 | 0 | 0 | 0 | 0 | 906 | 6,772 | 0 |
Margin, % | 16.8% | 17.7% | 17.3% | 17.5% | 17.0% | 962.8% | 17.3% | 348.4% | |||||||
Mobile | |||||||||||||||
Post-paid subscriptions ('000) | |||||||||||||||
of which used for machine-to-machine services ('000) | |||||||||||||||
Pre-paid subscriptions ('000) | |||||||||||||||
Total subscriptions ('000) | |||||||||||||||
Post-paid ARPU (EUR/month) | |||||||||||||||
Pre-paid ARPU (EUR/month) | |||||||||||||||
Blended ARPU (EUR/month) | |||||||||||||||
Blended churn (%) | |||||||||||||||
Fixed | |||||||||||||||
PSTN subscriptions ('000) | |||||||||||||||
VoIP subscriptions ('000) | |||||||||||||||
Telephony subscriptions ('000) | |||||||||||||||
Broadband subscriptions ('000) | |||||||||||||||
Broadband ARPU (EUR/month) | |||||||||||||||
TV subscriptions ('000) | |||||||||||||||
TV ARPU (EUR/month) |
&P
Foreign exchange rates | |||||||||||||||
2020 | 2021 | 2022 | 2020 | 2021 | 2022 | ||||||||||
SEK | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | FY | FY | FY |
Denmark / Krone | 1.4275 | 1.4293 | 1.3920 | 1.3794 | 1.3602 | 1.3643 | 1.3710 | 1.3613 | 1.4084 | 1.4074 | 1.4278 | 1.4707 | 1.4070 | 1.3644 | 1.4287 |
EMU/ Euro | 10.6655 | 10.6598 | 10.3629 | 10.2672 | 10.1159 | 10.1455 | 10.1956 | 10.1254 | 10.4795 | 10.4702 | 10.6217 | 10.9401 | 10.4880 | 10.1471 | 10.6290 |
Norway / Krone | 1.0239 | 0.9671 | 0.9713 | 0.9545 | 0.9857 | 1.0052 | 0.9872 | 1.0154 | 1.0555 | 1.0457 | 1.0564 | 1.0526 | 0.9791 | 0.9985 | 1.0528 |
Turkey / Lira | 1.5836 | 1.4101 | 1.2277 | 1.0937 | 1.1376 | 1.0044 | 1.0126 | 0.8160 | 0.6699 | 0.6243 | 0.5879 | 0.5763 | 1.3280 | 0.9902 | 0.6139 |
Note: | |||||||||||||||
Quarterly FX-rates presented as quarterly averages | |||||||||||||||
Full year FX-rates presented as full year averages |
&P
Definitions | |
Net sales specification | |
Mobile subscription revenues | External net sales related to voice, messaging, data and content (including machine-to-machine) |
Interconnect | External net sales related to mobile termination |
Other mobile service revenues | External net sales related to visitors' roaming, wholesale and other services |
Telephony | External net sales related to fixed telephony services |
Broadband | External net sales related to fixed broadband services |
TV | External net sales related to TV end-customers and TV wholesale |
Business solutions | External net sales related to fixed business networking and communication solutions |
Other fixed service revenues | External net sales of fixed services including fiber installation, wholesale and other infrastructure services |
Advertising revenues | External net sales related to linear and digital/AVoD media, sponsorships and other types of advertising |
Service revenues | External net sales excluding equipment sales |
Equipment revenues | External equipment net sales |
Internal net sales | Group internal net sales |
KPIs | |
Mobile ARPU | Calculated based on interconnect and mobile subscription revenues, excluding machine-to-machine revenues, divided by the average number of mobile subscriptions excluding machine-to-machine |
Mobile blended churn | Annualized churn calculated as the number of terminated/lost subscriptions as % of the average number of subscriptions, excluding machine-to-machine subscriptions and excluding internal migration |
Mobile subscriptions | Number of mobile prepaid and postpaid subscriptions at the end of the period including machine-to-machine and mobile broadband |
PSTN subscriptions | Total number of PSTN subscriptions at the end of the period |
VoIP subscriptions | Total number of VoIP subscriptions at the end of the period |
Telephony subscriptions | Total number of PSTN and VoIP subscriptions at the end of the period |
Broadband subscriptions | Total number of fixed broadband subscriptions at the end of the period |
Broadband ARPU | Calculated based on fixed broadband revenues divided by the average number of fixed broadband subscriptions |
TV subscriptions | Total number of TV subscriptions at the end of the period |
TV ARPU | Calculated based on TV revenues divided by the average number of TV subscriptions |
Other | |
Other Operations | Comprise Corporate functions, Telia Carrier, Telia Finance, Latvia (mobile) and associated companies Turkey and Latvia (fixed) |
&P
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Telia Company AB published this content on 26 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 January 2023 12:22:06 UTC.