Annual Report 2012, PDF - Axiata Group Berhad - Investor Relations

Axiata Group Berhad (242188-H) Annual Report 2012In 2012, XL’s EBITDA increased by 4% over 2011,amounting to IDR9.7 trillion. EBITDA margin was down by5 percentage points to 46% due to the introduction ofSMS interconnection charges, and the impact of expansionof data infrastructure on a lease model. Excluding theimpact of SMS interconnections, EBITDA margin was at48%.Profit for the year was IDR2.8 trillion in 2012. This wasslightly lower compared to 2011 due to continuedinvestments in data, which led to higher operationalexpenses as well as higher accelerated depreciation fromthe network modernisation project.XL’s financial position for 2012 remained strong throughprudent financial management. With a healthy balancesheet and cash flow, XL is in a position of strength tosupport its strategy to invest in the growing databusiness.Outlook for 2013XL is firmly committed to defend and grow its businessfurther. As all investment plans in 2012 have been wellexecuted,XL is confident that it has built a strongfoundation and is well positioned to capture the growingdata opportunity, moving along with industry changesahead of the competition.131