Information and Communication Technology Terms

ARPL (Average Revenue per Line)
Average revenue generated per fixed access line.
ARPU (Average Revenue per User)
Average revenue generated per mobile user.
Carrier Aggregation
Next expansion stage for LTE.
Consolidation of telecommunications, informatics and media and their combination via an interactive multimedia platform.
New technology for ultra high-bandwidth transmission, based on existing copper lines.
IPTV (Internet Protocol Television)
Transmission of television programmes and films via the internet.
LTE (Long Term Evolution)
LTE represents the further advancement of mobile networks towards even faster data transfer and larger transmission capacities. LTE enables transfer rates of up to 150 Mbps.
Machine-to-Machine (M2M)
Connection services for automated data transfer between machines, devices, sensors or servers for remote controlling and monitoring with or without human interaction.
Mobile penetration
Measures customers of a mobile communication provider as a proportion of total population.
No frills
Cost benefit for customers gained by foregoing supplementary services.
Allows users to make telephone calls using a third-party (foreign) network. This is subject to a roaming agreement between network operator and at least one partner in the respective foreign country.
Termination charges
The operator of a subscriber network connects a call originating from a third-party telecommunication network to a subscriber of its own network and charges a fee to the network operator from which the call originates.
The local loop is made available to alternative network operators and internet service providers in order to give them access to end users.
Vectoring helps to reduce interference between parallel lines.

Stock Exchange and Financial Terms

Capital expenditure
Defined as ‘additions to property, plant and equipment and intangible assets’ as reported in the cash flow statement under ‘cash flow from investing activities’.
Capital market compliance guideline
Group-wide guideline setting out organisational measures to prevent stock trading using share price-relevant information not yet publicly available (insider information) and to ensure the confidential treatment of such insider information.
Code of Conduct
The Code of Conduct of the Telekom Austria Group is a Group-wide internal directive which prescribes how to deal fairly with customers, suppliers and employees, protect confidential company and business information, protect assets and deal with conflicts of interest. It also sets out rules for accepting gifts and provisions on capital market compliance.
Compliance management
Area of responsibility dealing with a company’s compliance with statutory provisions and directives as well as voluntary codes.
Corporate governance
The Austrian Corporate Governance Code sets out guidelines for responsible company management and controlling.
Directors and officers (D&O) insurance
Pecuniary damage liability insurance concluded by a company for its executive bodies and senior employees.
Directors’ dealings
Describes transactions by the management of listed stocks in securities of the same company.
EBITDA (earnings before interest, taxes, depreciation and amortisation)
EBITDA is defined as net income excluding the financial result, income taxes and depreciation and amortisation expense.
EBITDA comparable
Defined as EBITDA adjusted for restructuring and impairment effects. EBITDA comparable is defined as EBITDA adjusted for the expenses of the restructuring programme and, where applicable, of impairment charges as well as for the income from the reversal of impairment losses. Expenses for the transfer of civil servants to the Austrian government are also taken into account when calculating EBITDA comparable.
EBITDA margin
Ratio of EBITDA to revenue in percent.
Free cash flow
Defined as cash flow from operating activities less capital expenditure in existing business areas.
IFRS (International Financial Reporting Standards)
Accounting standards developed by the International Accounting Standards Board (IASB; formerly International Accounting Standards Committee, IASC). In addition to the International Financial Reporting Standards (IFRS) and the International Accounting Standards (IAS) published by the IASB, this includes the interpretations published by the International Financial Reporting Interpretations Committee (IFRIC) and the Standing Interpretations Committee (SIC).
Market capitalisation
Number of shares outstanding multiplied by the share price.
Net debt
Financial liabilities less cash and cash equivalents, investments, finance lease receivables and derivative financial instruments for hedging activities.
Net debt to EBITDA comparable
Ratio of net debt to EBITDA comparable; indicates the debt repayment period on the basis of net debt and EBITDA comparable.
Österreichische Industrieholding AG is the investment and privatisation agency of the Republic of Austria.
ROE (return on equity)
Ratio of net income to the average equity employed; serves as an indicator which measures the yield on equity.
ROIC (return on invested capital)
Total return on invested capital, calculated as the operating result after tax divided by the average capital invested.

Legend for tables

not applicable.
not meaningful; used for changes >300% and for percentage changes which are not meaningful.