Annual Report 2012 - Dialog

Annual Report 2012 l Dialog Axiata PLC l 23
Dialog Broadband Networks (DBN) - Financial Review
DBN witnessed a significant expansion in scale as well as in consolidated operating performance following the
acquisition and subsequent amalgamation of Suntel with its operations.
DBN registered revenue of Rs. 5.04Bn in FY 2012, up 125% relative to FY 2011. Revenue from Corporate and SME
segments witnessed a significant boost of 148% following the Suntel acquisition while Broadband and ISP revenues
grew by 92% compared to FY 2011.
On the back of strong revenue and synergies achieved through the amalgamation, DBN recorded an EBITDA of
Rs. 1.79Bn in FY 2012, a significant improvment of 169% compared to FY 2011.
Underpinned by the healthy growth in EBITDA and Suntel being PAT accretive, DBN recorded a significant 87%
reduction in Net Loss YoY, with NPAT for FY 2012 being recorded at negative Rs. 120Mn relative to negative
Rs. 945Mn in FY 2011.
Synergy savings achieved through the amalgamation of Suntel amounted to Rs. 449Mn for FY 2012.
Revenue
Rs. Mn +125%
6,000
4,500
3,000
1,500
0
2,360
10
2,238
11
5,044
12
EBITDA
Rs. Mn +169%
2,000
1,500
1,000
500
0
285
10
665
11
1,791
12
NPAT
Rs. Mn
0
(300)
(600)
(900)
(1,200)
(1,500)
(1,300)
10
(945)
11
+87%
(120)
12