某某電信營運報告

2005年上半年營運報告中華電信

ChunghwaTelecom2022/12/231本報告?zhèn)S由中華電信股份有限公司（以下簡稱本公司）提供，報告中之資訊並未被獨立簽證。因此本報告中之資訊或意見並未明示或暗示陳述或保證其具有公正性、準確性、完整性或隨時更新，亦非完全可信賴。報告中之資訊係以發(fā)布時點之環(huán)境變動為考量，日後亦不可能為反映此時點後之重大發(fā)展狀況而更正相關(guān)資訊。本公司、轄屬機構(gòu)、關(guān)係人、代表均不就使用（例如疏忽或其他情況）本報告資訊或其內(nèi)容或其他與本份報告有關(guān)資訊所引發(fā)之損害負責。本報告之陳述可能會表達出本公司對未來願景之信心與期望，但這些前瞻性之陳述係建立在若干與本公司營運及超出本公司管控因素外之假設(shè)條件上，因此，實際結(jié)果與上開前瞻性陳述可能有很大的差異。本報告並不構(gòu)成在美國、中華民國或任何其他地方購買或申購本公司股票之要約或要約之引誘或認購，本報告之任一部分非可成立契約，亦不得作為承諾之依據(jù)。未經(jīng)美國證管會註冊或經(jīng)豁免註冊，本公司股票不可能出售，本公司為在美國銷售股票業(yè)已登錄註冊在案，在美國公開發(fā)行股票只能依據(jù)註冊書內(nèi)之公開說明書來進行，公開說明書包括本公司、管理階層及財務(wù)報表之詳細資訊。任何決定在美國或其他地方購買股票者，應依據(jù)公開說明書相關(guān)資訊予以判斷。本報告之任一部分不可因任何目的而被直接或間接複製、再散佈或傳遞予任何其他人（不論公司內(nèi)或公司外）或出版（部份或全部）。本報告亦不得被散佈、重製、使用、攜入或傳送至美國、加拿大或日本。聲明2022/12/232財務(wù)

損益與財務(wù)指標(新臺幣億元)損益表*根據(jù)ROCGAAP編制成長率1H051H04成長率2Q051Q052005上半年營運成果豐碩，累積每股稅後盈餘新臺幣2.52元（註）EBITDA不包含業(yè)外2022/12/233財務(wù)

各項業(yè)務(wù)營收主要業(yè)務(wù)營收組合*根據(jù)ROCGAAP編制

(新臺幣億元)成長率1H051H04成長率2Q051Q052022/12/234NT$908.2億NT$897.2億*根據(jù)ROCGAAP編制NT$457.2億成長業(yè)務(wù)營收比例持續(xù)提高主要業(yè)務(wù)營收比例NT$440億2022/12/235財務(wù)

成本與費用營業(yè)成本與費用(新臺幣億元)成長率1H051H04成長率2Q051Q05*根據(jù)ROCGAAP編制2022/12/236資本支出

持續(xù)控制資本支出資本支出組合新臺幣億元94.897.952.6745.25固網(wǎng)無線網(wǎng)際網(wǎng)路及數(shù)據(jù)其他資本支出佔營收比例10％11％12％10％2022/12/237高額現(xiàn)金流量財務(wù)

現(xiàn)金流量(新臺幣億元)1H051H042Q051Q05成長率成長率*根據(jù)ROCGAAP編制2022/12/238HiNet客戶數(shù)網(wǎng)際網(wǎng)路

持續(xù)領(lǐng)導ISP市場3.703.823.96客戶(百萬)以47.9%市場佔有率持續(xù)領(lǐng)導ISP市場網(wǎng)際網(wǎng)路加值營收較去年同期成長23.6%Xuite(2005.3.29開放)新增會員數(shù)：約7000人/日會員數(shù)：153萬(截至2005.08.29

)Pageview：平均321萬人/日

(高於HiNet：167萬人)2022/12/239網(wǎng)際網(wǎng)路

寬頻接取市場領(lǐng)導者-鼓勵客戶升速

ADSL客戶數(shù)3,0703,363客戶(千)BroadbandAPRU每月新臺幣元14.9%1.1%51.0%39.3%34.8%45.1%54.1%51.4%others2,7275.7%1.0%2022/12/2310中華電信MOD大電視網(wǎng)際網(wǎng)路多媒體隨選選視訊全國開播2005年8月(2004年3月開播播)服務(wù)區(qū)域全全國13個縣市客戶數(shù)上上半年年為4.8萬戶(截至七月止止5.5萬)，預估今年年底可達達20萬戶經(jīng)營策略爭爭取全全球知名頻頻道加入經(jīng)經(jīng)營營在地化節(jié)節(jié)目成成立24小時網(wǎng)路監(jiān)監(jiān)控、客服服及媒體中中心以以媒體經(jīng)經(jīng)營角度思思考市場策策略2022/12/1711行動電話持續(xù)領(lǐng)導市市場811萬用戶用戶數(shù)市佔佔率：39.3%（註）營收數(shù)市佔佔率：35.2%（註）「預付卡瘦瘦身計畫」」提高客戶戶品質(zhì)行動數(shù)據(jù)的的領(lǐng)導者來電答鈴持持續(xù)成長3G於7/26開臺截至8/30止，客戶數(shù)數(shù)為1.8萬戶行動電話客客戶數(shù)客戶(千)（註）電信信總局6月月份資料2022/12/1712行動電話擁有穩(wěn)定之之客戶群平均ARPU月租型客戶戶數(shù)比例91%，為業(yè)界最最高，貢獻獻度亦高2005第二季ARPU大幅增長提升加值服服務(wù)營收以以提高ARPU加值營收2005上半年比去去年同期成成長32.6%MobileInternet營收2005上半年較去去年同期成成長93.5%3.3%5.2%2022/12/1713行動電話行動數(shù)據(jù)與與加值服務(wù)務(wù)營收攀高高營收(百萬萬元)佔行動業(yè)務(wù)務(wù)營收比例例行動數(shù)據(jù)與加值服務(wù)營收攀高2022/12/1714固網(wǎng)營收穩(wěn)穩(wěn)定固網(wǎng)營收組組合營收(新臺幣億元元)根據(jù)ROCGAAP編制2022/12/1715固網(wǎng)市內(nèi)電話14.6%1.7%1.5%2.9%市話通信量平均單價2022/12/1716固網(wǎng)國內(nèi)長途8.8%3.4%1.2%國內(nèi)長途通信量平均單價2022/12/1717固網(wǎng)國際去話量量國際長途去話量12%7.1%平均單價

(新臺幣元/分鐘)NT$6.5NT$5.51NT$5.66NT$5.38-15%-4.9%2022/12/1718民營化健全體質(zhì)重重新出發(fā)股權(quán)結(jié)構(gòu)今年淨省用人費用2.8億元註：資料截截至94/08/12。員工持股股含民營化化員工認股股3.957%(於8/30完成過戶)。離退873人民營化時進用約400人2022/12/1719積極推展寬頻業(yè)務(wù)經(jīng)營團隊之之承諾持續(xù)發(fā)展行動數(shù)據(jù)與加值業(yè)務(wù)以現(xiàn)金股利回饋股東嚴控營運成本費用2022/12/1720ChunghwaTelecom––UpdateonFinancialandOperatingResults7:00pm,Wednesday,August31,2005ConferenceCallScript2022/12/1721ChunghwaTelecom––UpdateonFinancialandOperatingResults7:00pm,Wednesday,August31,2005ConferenceCallScriptOverallOverall,ourrevenuesforthesecondquarter2005increasedby3.6%overthefirstquarterof2005.Operatingcostsandexpensesincreasedby5.3%,EBITDAincreasedby0.2%andnetincomeincreasedby6.0%comparedtofirstquarter2005.Lookingatthefirsthalfof2005,revenuesdecreasedby1.3%year-over-year.Operatingcostsandexpensesincreasedby1.5%ascomparedtolastyear.OurEBITDAdecreasedby4.1%andournetincomedecreasedby6.0%year-over-year.Oureffectivetaxrateswere17.6%and18.6%forthefirsthalfof2004and2005,respectively.Thehighereffectivetaxrateforthefirsthalfof2005wasprimarilyduetoadecreaseinrealizeddeferredincometaxassetsaswellasinvestmenttaxcredits.

RevenuesTotalrevenuesforthesecondquarterof2005wereNT$46.2billion,representinga3.6%increaseoverthefirstquarter.Ofourrevenues,approximately36.5%werefromfixedline,39.5%fromwirelessand22.3%fromInternetanddata.Lookingatindividualsegments,mobilerevenueincreasedby4.6%overthefirstquarter.InternetandDatarevenuesincreasedby2.3%inthesecondquarter.Ofthese,Internetrevenuesincreasedby3.0%,drivenbycontinuedgrowthinourADSLbusiness.Infixedline,localandDLDrevenuesincreasedby1.5%and2.6%respectivelyinQ2duetomorebusinessdayscomparedwithQ1.ILDrevenuesincreasedby1.5%inthesecondquarter,mainlyduetoanincreaseinILDtrafficandgrowthininternationalcallingcardsandwholesalebusinesses.Forthefirsthalfof2005,totalrevenuesdecreasedby1.3%year-over-yeartoNT$90.7billion.Oftheindividualsegments,InternetandDataincreasedby2.2%whilemobilerevenuesincreasedby2.7%.Localdecreasedby7.3%mainlyduetothedecreaseindial-upminutesandmobilesubstitution.DLDdecreasedby8.0%mainlyduetomobilesubstitution.ILDrevenuedecreasedby5.3%duetothedeclineinaverageusagefeeresultingfromseverecompetition.However,theincreaseofthewholesalerevenuepartiallyoffsetthedeclineoftheretailrevenue.Overall,fixedlinerevenuedecreasedby7.0%year-over-year.2022/12/1722ChunghwaTelecom––UpdateonFinancialandOperatingResults7:00pm,Wednesday,August31,2005ConferenceCallScriptCostsandExpensesComparingQ2toQ1,operatingcostsandexpensesincreasedby5.3%.Thiswasprimarilyduetoincreaseinmaintenanceexpenses,increasedmarketingexpensesforthemobilebusiness,andhandsetsubsidies.Forthefirsthalf2005,operatingcostsandexpensesincreasedby1.5%year-over-year.TheincreaseinmarketingexpenseofNT$654millionandpersonnelexpenseofNT$568millionwaspartiallyoffsetbythedecreaseinbaddebtexpenseofNT$342million.EBITDAandNetIncomeEBITDAforthesecondquarterincreasedby0.2%comparedtothefirstquarter,resultinginanEBITDAmarginof53.3%fortheperiod.EBITDAforthefirsthalfdecreasedby4.1%year-over-yearwhileEBITDAmarginforthefirsthalf2005was54.2%.Netincomeforthesecondquarterincreasedby6.0%comparedtoQ1,resultinginanetmarginof27.7%fortheperiod.Netincomeforthefirsthalfdecreasedby6.0%year-over-yearandnetmarginforthefirsthalfof2005was27.4%.CAPEXOurcapitalexpenditurestotaledNT$4.5bninthesecondquarterandNT$9.8bninthefirsthalfof2005representinga3.3%increasecomparedtothefirsthalfof2004.WeexpectfullyearcapitalexpenditurestobeNT$22.7bn,includingapproximatelyNT$1.9bnforthe3Grollout.CashFlowCashflowfromoperationscontinuestobestrong,reachingNT$20.2bninthesecondquarterandNT$37.5bnforthefirsthalf2005.AsofJune30th,2005,ourcashandcashequivalentstotaledNT$51.4bn,andtotaldebtamountedtoNT$0.5bn.2022/12/1723ChunghwaTelecom––UpdateonFinancialandOperatingResults7:00pm,Wednesday,August31,2005ConferenceCallScriptNow,Iwillmoveontoexplaintheoperationalperformancebehindourfirsthalfresults:First,onourInternetandDataoperations:Wefinishedthefirsthalfwith3.96millionInternetsubscribers,representing7.1%increaseyear-over-yearanda2.3%increasefromthefirstquarter.WehavealsocontinuedouraggressiveADSLrollout,reaching3.36millionsubscribersbytheendofJune,upfrom3.2millionattheendofMarch.Weareontracktoachieveouryear-endtargetof3.7millionADSLsubscribers.AsoftheendofJune,ourmarketshareoftheTaiwanbroadbandmarketremainsat83.6%,andover79%ofourADSLsubscribersalsouseourHiNetISPservice.Wehavebeenaggressivelypromotingour2Mbpsand8Mbpsservice.Thenumberof2Mbpsand8Mbpscustomersreached1.7millionand182thousandrespectivelyattheendofJune,togetherrepresenting56.8%oftotalADSLsubscribers.WereducedourADSLtariffonJune1st2004.ThetariffreductionstimulatedcustomerstoupgradetohigherspeedpackagesandispavingthewayfortheupcomingbroadbandVASservices.OuraverageADSLbroadbandARPUwasNT$791forthefirsthalf2005.Wedecreasedthetarifffor256kbpsserviceinordertoencouragedial-upsubscriberstomigratetobroadbandservice.ThoughweexpectARPUtobelowerforthesecondhalfthisyearduetohigherpercentageof256kbpssubscriberswithlowerARPUtototalsubscriberbase,totalADSLbroadbandrevenueisexpectedtoincreaseforthewholeyearbecauseofthecontinuingincreaseoftotalsubscribernumber.Now,ontoourmobileoperations:Ourstrongmarketingactivitiesandcompetitivetariffpackageshavehelpedustomaintainourleadingmarketshare.AttheendofJune,wehad8.1millionsubscribers,representinga39.3%subscribershareanda35.2%revenueshare.OurblendedmobileARPUwasNT$728permonthforthefirsthalf2005,andisexpectedtobehigherforthewholeyear.Wehavecontinuallytakenmeasurestolimitthenumberofinactiveusersbyloweringthepercentageofprepaidsubscriberstoassurelargerpercentageofhighervaluecustomers.AsoftheendofJune,wehad0.7millionprepaidsubscribers,representing8.7%ofoursubscriberbase,whichisthelowestinthemarket.2022/12/1724ChunghwaTelecom––UpdateonFinancialandOperatingResults7:00pm,Wednesday,August31,2005ConferenceCallScriptMonthlychurnrateforpost-paidsubscribersinthefirsthalf2005was0.7%,whichdecreasedfrom0.9%inthesameperiod2004.Finally,ourfixedlineoperations:Ourtotalfixedlinesubscribersstoodat13.3millionattheendoffirsthalf2005,representinga0.6%year-over-yearincrease.Localcallminutesdecreasedby14.6%year-over-yearduetocontinuousmigrationofdial-upsubscriberstobroadbandservicesandmobilesubstitution.Localcallminutesincreasedby1.7%quarter-over-quarterbecauseofagreaternumberofbusinessdayscomparedtothefirstquarter.Averageper-minutetariffincreasedby1.5%year-over-yearand2.9%quarter-over-quarter.Domesticlongdistancecallminutesdecreasedby8.8%year-over-yearowingtomobilesubstitutionandincreasingcompetition.However,DLDminutesincreasedby3.4%quarter-over-quarterduetoagreaternumberofbusinessdayscomparedtothefirstquarter.Averageper-minutetariffremainedflatyear-over-yearandincreasedby1.2%quarter-over-quarter.Outgoinginternationalcallminutesincreasedby12.0%inthefirsthalfduetotheincreaseinwholesaleminutes.Outgoingminutesincreasedby7.1%inthesecondquartercomparedtothefirstquarter.TheILDaverageper-minutetariffdecreasedby15.2%year-over-yearanddecreasedby4.9%quarter-over-quarter.Thelowerper-minutetariffinthefirsthalf2005wasduetotheincreaseinwholesaleminutesaspercentageoftotaloutgoingminutes.Intermsofinternationalsettlements,wehadreceiptsofNT$1.59billioninthefirsthalf2005versusNT$2.33billioninpayments.IwillnowturnthepresentationbacktoChairmanHoChenforabriefdiscussionofournear-termbusinessoutlook.2022/12/1725ChunghwaTelecom––UpdateonFinancialandOperatingResults7:00pm,Wednesday,August31,2005ConferenceCallScriptI’dliketostartoffmycommentswithadiscussionofourInternetanddataservices.OurADSLrolloutcontinuestobeverysuccessfulandweremainthedominantplayerinTaiwan’sbroadbandmarket.BroadbandhouseholdpenetrationinTaiwanhasnowreached55.6%andisoneofthehighestinAsia.Weexpecttoaddanetof650thousandADSLandFTTXsubscribersbytheendofthisyeartoreachourtargetof3.7millionbroadbandsubscribers.AlongwiththeADSLtariffreductioninJune2004,westrategicallylauncheda2Mbpspromotionalpackageandhavemaintainedsustainablegrowthinbothsubscribernumbersandrevenue.Currently,subscribersof2Mbpsandhigherspeedsmakeup58%ofourtotalADSLsubscribers.OurARPUfortheADSLbusinessiscurrentlyNT$791permonth,adecreaseof14.9%fromtheyearbefore.Wedecreasedourtariff47%inApril2005for256kbps,withatotalweightedaverageratereductionof2%,inordertoencouragedial-upsubscriberstomigratetobroadband.WewillalsoinitiateFiber-to-the-Building/Fiber-to-the-Homeservicesforretailcustomersinthenearfuturewithspeedsof10Mbps,20Mbps,and100Mbps,andweexpecttheseservicestocontributetoincrementalARPU.Webeganofferingmultimedia-on-demandinteractiveservicesinTaipeimetropolitanareasthroughour“MOD”brandinMarch2004,andtherewere55,000subscribersattheendofJuly.Weexpandedtheserviceisland-wideinAugust,andthepopulationcoverageis75.2%oftheisland.Ourgoalistogainonemillionsubscribersislandwidebytheendof2007.Currently,weprovide24broadcastingchannelsandover1,400ondemandprograms.Goingforward,weplantolaunchhomebankingandkaraokevalue-addedservices.WeplantorolloutVoIPserviceinthefourthquarterthisyearforcorporateandselectiveretailcustomers.ThelaunchofthisservicedemonstratestheCompany’scapabilitytorespondtonewtechnologyaswellastheCompany’sabilitytopreventcustomersfrommigratingtootherISPs.Inourmobilebusiness,subscribermarketshareisover39%becauseofourseamlesscoverage,accuratebillingsystemand