SoftBank Results Presentation Deck
T-Mobile: Shareholding & Fair Values
includes shares subject to unexercised Deutsche Telekom's call options
Held 43.3M T-Mobile
shares at FY23Q1,
up 3.6M shares from
FY22Q4
I
Received 3.6M T-Mobile shares
upon vesting contingent value
rights (CVR) in Jun 2023, which
were received in Jun 2020 related
to the disposal of the shares
Fair value of T-Mobile shares ($M)
(i) T-Mobile shares subject to call options
(net of the fair value of derivative financial liabilities)
√
T-Mobile share price
(ii) T-Mobile shares not subject to call options
(iii) T-Mobile shares received upon vesting CVR,
not subject to call options
Fair value of CVR
(M)
Number of shares subject to DT call options*1
Number of shares not subject to DT call options
TOTAL number of shares held
$134.54
I
I
401
646
4,323
Jun 30
2022
35.0
4.8
39.8
$134.17
405
644
4,315
Sep 30
35.0
4.8
39.8
I
*1 The call options expire on June 22, 2024, unless certain events occur that trigger an earlier expiration date.
*2 Fixed: 6.7M shares, Floating: 28.2M shares
$140.00
453
672
4,490
Dec 31
35.0
4.8
39.8
I
$144.84
504
695
4,653
Mar 31
2023
35.0
4.8
39.8
=SoftBank
$138.90
495
667
4,499
Jun 30
35.0
8.3
43.3
*2
Group
$231M (¥31.9B)
valuation loss for
FY23Q1
of which
(i) $236M (¥32.6B) loss
on shares continue to
held
(ii) $5M (¥0.7B) gain on
shares reclassified
from CVR
$5,661M
Accounting 5View entire presentation