Maxis Berhad | Annual Report 2012

Maxis Berhad // Annual Report 2012 5 OUR PERFORMANCE PAT RM1.9 b CAPEX RM803 m Free Cash Flow RM2.1 b Dividends RM3.0 b PAT (Profit After Tax) of RM1.9 billion was lower by RM671 million or 26.5% YoY Excluding one-off last-mile broadband tax incentive (2012: RM32 million; 2011: RM352 million), accelerated depreciation and write-off of property, plant and equipment together with the related tax effects (2012: RM221 million; 2011: RM13 million) thereof, the comparable profit for the year was lower (2012: RM2,049 million; 2011: RM2,192 million) mainly due to lower EBITDA and higher net financing and amortisation costs Network expansion and modernisation continued to provide the best mobile Internet and wireless broadband experience. HSPA+ (High-speed Packet Access Plus) dual-carrier offering improved performance (3) was launched and works seamlessly with our largest HSPA network with 82% population coverage. Further network modernisation prepared us for the launch of 4G LTE on 1 January 2013. Investments in IT capabilities were made to enhance customer service capabilities, product formulation and billing agility > 5,300 HSPA sites, of which > 5,200 sites are HSPA+ (21 Mbps) capable and > 3,800 sites are HSPA+ Dual Carrier supporting speeds up to 42 Mbps Active 3G RAN sharing with U Mobile to bring forward capex investment returns went live on 1 September 2012 after the landmark agreement was signed on 21 October 2011 Launched our Tier-III certified data centre to support our managed services and cloud computing businesses Net debt to EBITDA ratio at 1.46 Net debt to Equity ratio at 0.90 Closing cash balance of RM967 million Dividends of RM3.0 billion declared/proposed for 2012 Payout ratio of 162% Dividend per share of 40 sen. Dividend yield of 6.0% on RM6.65 (2012 closing price) NOTES: (1) Non-voice revenues include SMS, ADS, Wireless Broadband, Fixed Wireless Broadband, VAS and outright device sales (2) Prepaid Wireless Broadband subscriptions are not included in the reported subscription base (3) HSPA and HSPA+ are supported on most devices while HSPA+ Dual Carrier is supported on the iPhone 5, iPad with Retina display and iPad mini, Nokia Lumia 820, 900 and 920, and with our dedicated Wireless Broadband dongles WHAT’S INSIDE HIGHLIGHTS OUR STRENGTH LEADERSHIP OUR BUSINESS IN ACTION CORPORATE RESPONSIBILITY