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Investor Presentaiton

20 Income Statement Summary Income Statement Summary Quarter Only QoQ YOY % % In EGP Millions Revenue Q4 2014 Q3 2014 Q4 2013 Change Change 3,009 2,717 2,782 10.75% 8.13% Home Services 793 792 756 0.1% 4.8% Enterprise Solutions 523 495 442 5.5% 18.2% Domestic Wholesale 863 590 627 46.2% 37.7% International Carriers Affairs 764 751 723 1.8% 5.7% International Customers & Networks 66 88 234 -25.3% -72.0% EBITDA Margin EBIT Margin 660 21.93% 646 23.78% 767 2.14% -13.95% 27.56% 489 16.25% 409 15.06% 591 21.25% 19.56% -17.29% Profit Before Tax & Minority Interest 548 455 729 20.40% -24.75% Margin 18.22% 16.76% 26.18% Net Profit Margin 236 7.85% 251 9.24% 555 19.95% -5.85% -57.42% EPS 0.06 0.15 0.25 -57.20% -74.63% Note: All financial figures reported are based on Consolidated financials under Egyptian Accounting Standards. NPAT EBIT EBITDA Revenue Q4 2014 Results QoQ 2014 Revenues witnessed growth of 10.75%, the growth was across most of the business units operations, in particular the core retail line of business, redressing the balance between the wholesale and retail revenues. the growing demand for broadband services reflected an increase of 19% in ADSL subscriber base on 2013, and growth in data revenues by 27.3% YoY & 4.6% QoQ, offsetting the decline in voice revenues. The Increase in total revenues and high profitability, led to a margin of 21.9%. • The decrease is attributable to the drop in Income From Direct Investments; mainly the decrease in VFE's earnings by EGP 35 Million YoY. The decline was mainly attributable to a number of one-offs, such as the Deferred Taxes for contingent liabilities amounting for EGP 154 million YoY. te
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