SoftBank Results Presentation Deck slide image

SoftBank Results Presentation Deck

Consolidated P/L Summary (IFRSs) (JPY bn) P/L item Continuing operations Net sales Gross profit Gain (loss) on investments Gain on investments at Investment Business of Holding Companies Gain (loss) on Investments at SVF1 and SVF2, and others Gain (loss) on other investments Total gain (loss) on investments Selling, general and administrative expenses Finance cost Income on equity method investments Derivative loss (excluding gain (loss) on investments) Change in third-party interests in SVF1 Other loss Income before income tax Income taxes Net income from continuing operations Discontinued operations Net income from discontinued operations Net income Net income attributable to owners of the parent FY19 5,238.9 2,654.7 +484.3 +540.9 -5.5 50.0 -792.7 -742.6 FY20 5,628.2 2,874.9 -1,844.9 +6,292.0 -49.6 +291.0 -1,410.2 7,529.0 -2,060.1 -2,271.5 -293.9 -307.3 +624.0 +616.4 -480.3 -961.6 +945.9 Change +389.3 +220.2 +461.6 +8,136.9 +340.6 +8,939.2 -211.4 -13.4 -7.6 -480.3 -2,787.3 -39.0 -2,246.4 -44.5 5,670.5 +5,620.5 -1,303.2 4,367.3 +5,109.9 -510.5 -58.1 710.9: +769.0 -800.8 5,078.2 +5,879.0 4,988.0 +5,949.6 (+: plus to profit -:minus to profit) Gain on investments at Investment Business of Holding Companies: +945.9 bn (see pages 5 and 8 for details) Gain relating to sales of T-Mobile shares: 421.8 bn ● · ● · SoftBank Gain on Investments at SVF1, SVF2, and others: +6,292. bn (see page 26 for details) Realized gain on sales of investments (net): 423.7 bn • Unrealized gain on valuation of investments (net): 5,478.1 bn at SVF1 and 490.3 bn at SVF2 Gain on other Investments: +291.0 bn Gain on investments at SoftBank Latin America Fund (net): 196.6 bn Group Unrealized gain on T-Mobile shares continued to be held by the Company: 219.6 bn Derivative gain resulting from an increase in the fair value of a contingent consideration *1: 264.4 bn Investment loss in listed stocks and other instruments: 232.9 bn Income on equity method investments: +616.4 bn (decreased 7.6 bn yoy) Gain on equity method investments in Alibaba: 572.5 bn (FY19: Gain of 286.5 bn related to Alibaba acquiring Ant Financial*2 shares by Alibaba) ● Derivative loss (excluding gain (loss) on investments): -480.3 bn Derivative loss in connection with several prepaid forward contracts using Alibaba shares entered into in Nov 2019 and from Apr to Aug 2020: 504.0 bn (including the impact of amendments of the contracts in October and November in 2020) Income taxes Recorded current income taxes at SBKK and Yahoo Japan Corporation Recorded current income taxes associated with the sale of T-Mobile shares • Recorded deferred tax expenses due to revisions of the prepaid forward contracts using Alibaba shares ● A credit of income taxes of 256.1 bn (profit) was recorded mainly due to the use of loss carryforwards, to which deferred tax assets had not been recognized against taxable income generated from the partial sale of SBKK shares. (see page 32 for details) ● Recorded gain relating to loss of control of Sprint: 720.8 bn *1 The right to acquire T-Mobile shares for no additional consideration if certain conditions are met, which was received as part of consideration for the completion of the merger between Sprint and T-Mobile US, Inc. *2 Ant Small and Micro Financial Services Group Co., Ltd. (currently Ant Group Co., Ltd.) Accounting 20
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