1 2 3 4 6 11 19 20 21 23 25 26 43 52
IPTV now TV UK Broadband Limited 21,500 0008 OTC Markets Group Inc.PCCWY 2013 1
2013 6 30 2012 2013 * 11,058 12,815 848 499 11,906 13,314 (5,281) (6,343) (4,926) (5,286) 12 196 27 37 (469) (595) 9 7 (52) 25 1,226 1,355 51 90 1,277 1,445 836 856 441 589 11.51 11.79 11.51 11.79 5.51 6.35 EBITDA 1 EBITDA* 3,670 3,936 166 10 3,836 3,946 *111 13 2 2013
2013 now TV10 now TV 6now Free TV MOOV 6 IPTV (StarHub) now TV 5 SAP 6 4G LTE Wi-Fi1000Mbps Wi-Fi 5 2013 8 6 2013 3
2013 2013 8 now TV MOOV6MOOV IPTV MOOV 5 (StarHub)now TV24 nownow now TV 2013/14380 now TV now TVnow now TV 1,50023 1,000now TV now TV now Free TV nownow PRIME SPORTS now now TV 200 nownow 5SAP (Oracle) 300 250 80 200 SAP 2013 4 2013
202,000 2013 423,000 6 4G LTE 100Mbps150Mbps LTE 4G LTEPCCW-HKT 71000Mbps Wi-Fi 2014Wi-Fi 20,000 5 40132,000 7 2016 2013 8 6 2013 5
461999 8 2011 11 602011 11 2010 30 1820042009 TVBS 1984 19901994 1999 482010 5 2007 4 2006 92007 4 2009 72011 11 1999 9Cable & Wireless HKT Limited 622002 9 Pritchard Englefield & TobinThomas Eggar incorporating Pritchard Englefield 1979 1980 1991 1975 6 2013
KBE, LVO 782002 6 1972 20 1982 (Royal College of Defence Studies) 19861993 1997 GBS 75 2009 92011 3 2011 3 (The Philippine American Life and General Insurance Company) 19962009 6 AIG 20012009 6 AIG Life Insurance 20002009 6 AIG PineBridge Investments Asia Limited PineBridge Investments Limited 2001 1960 19982002 2003 492008 5 2011 11 2007 12 1992 2001 2005 1985 2013 7
2013 8 502007 7 2009 22011 3 2007 1 2005 9 2006 122008 3 2005 10 2003 102005 8 2001 112003 10 2004 1988 552011 11 2006 42009 2 2009 2 2006 42008 10 1999 8 2005 12 2000 5 2005 12 2005 12 42 2011 11 2012 5 15 2011 IVision Knight Capital (China) Fund I, L.P. B2B 2007 2012 6 2000 2002 Kingfisher plc 20022006 20032006 1998 2000 19951998 2010 FinanceAsia
GBM, GBS, OBE, JP 742000 10 1987 11 2000 8 Cable & Wireless HKT Limited CaixaBank, S.A. AFFIN Holdings Berhad 662004 2 2003 12 19461967 1985 1991 1998 1999 2003 12 Vedanta Resources plc Tata Consultancy Services Limited Godrej Consumer Products Limited Jet Airways (India) Limited Wockhardt LimitedMax India Limited Cairn India Limited Emaar MGF Land Limited ING Groep N.V. (Prudential Financial Inc.) 512012 3 Good Harbour Finance Limited 1986 1988 Weatherite Manufacturing Limited 1992 1999 2013 9
Bryce Wayne LEE 482012 5 Silver Lake Kraftwerk Credit Suisse Group AG (Forbes) 19 887 Lars Eric Nils RODERT Rodert522012 11 Rodert2013 4Brookfield Property Partners L.P. 2010 122013 4 Brookfield Infrastructure Partners L.P. Inter IKEA Treasury SEB Asset Management Rodert 10 2013
2013 11 2013 6 30 2013 6 30 128.15 EBITDA 39.36 EBITDA 4.99 1,0002013 6 30 133.14 EBITDA 39.46 8.56 11.79 2013 6 30 6.35 128.15 133.14 EBITDA 39.36EBITDA 39.46 8.56 11.79 6.35 EBITDAEBITDA FTTH now TV
2012 2012 2013 6 30 12 31 6 30 4 9,715 11,366 11,071 14% 1,262 1,546 1,299 3% 1,128 1,349 1,393 24% 38 33 28 (26)% (1,085) (1,218) (976) 10% 11,058 13,076 12,815 16% 848 336 499 (41)% 11,906 13,412 13,314 12% (5,281) (6,535) (6,343) (20)% (2,789) (2,927) (3,025) (8)% EBITDA 1 3,736 3,933 3,839 3% 217 274 223 3% 168 267 217 29% (312) (273) (268) 14% (139) (192) (75) 46% EBITDA 1 3,670 4,009 3,936 7% 166 (59) 10 (94)% EBITDA 1 3,836 3,950 3,946 3% EBITDA 1 33% 31% 31% EBITDA 1 32% 29% 30% (2,134) (2,287) (2,266) (6)% (3) (10) 5 12 359 196 >500% 27 35 37 37% (469) (497) (595) (27)% (43) 21 32 1,226 1,571 1,355 11% 12 2013
1 EBITDA EBITDA EBITDA 2 3 4 1 2012 2012 2013 6 30 12 31 6 30 9,715 11,366 11,071 14% EBITDA 1 3,736 3,933 3,839 3% EBITDA 1 38% 35% 35% 1,430 1,242 1,484 4% 2013 6 30 110.71EBITDA 38.39 14.84 21 12,000Wi-Fi 2013 8 5 2013 2013 13
2012 2012 2013 6 30 12 31 6 30 1,262 1,546 1,299 3% EBITDA 1 217 274 223 3% EBITDA 1 17% 18% 17% 2013 6 30 12.99 now TV 2013 6 1,204,00039,000 now TVARPU 172174 now TV 1,000now TV nownow now TV now TV 2013 8 now TV now TV TV Everywhere now TV now TV EBITDA 2.23EBITDA 14 2013
2012 2012 2013 6 30 12 31 6 30 1,128 1,349 1,393 24% EBITDA 1 168 267 217 29% EBITDA 1 15% 20% 16% 2013 6 30 13.93 Vandasoft Technology Holdings Limited EBITDA2.17 EBITDA 2013 6 30 52 50 2013 2013 6 30 4.99Villa Bel-Air EBITDA 1,000EBITDA 8.48 1.66 2013 6 30 2013 5 440 2016 2013 8 5 2013 2013 15
2013 6 302,800 2012 6 303,800 2.682012 6 303.12 2013 6 309.76 2012 6 3010.85 2012 2012 2013 6 30 12 31 6 30 4,801 6,384 6,073 (26)% 480 151 270 44% 5,281 6,535 6,343 (20)% 2013 6 30 63.43 2013 6 30 27.8930.25 22.66 2013 6 30 52.86 EBITDA 1 2013 6 30EBITDA 39.36 1,000EBITDA EBITDA 39.46 2013 6 303,700 2013 5.952013 3 5102012 4 310 5.58 2013 6 303.06 3.12 3.96 2013 9,000 16 2013
2013 6 30 5.89 2013 6 30 8.56 2012 6 308.36 2013 33.7510 52013 756 2013 6 30 2 313.832012 12 31265.42 2013 6 30 2 2012 12 31 2013 6 30 241.22 106.78 176.7674.03 HONG KONG TELECOMMUNICATIONS (HKT) LIMITED 2013 6 30Hong Kong Telecommunications (HKT) Limited Moody s Investors Service Standard & Poor s Ratings Services Baa2BBB 3 2013 6 30 11.952012 6 309.22 2012 6 30 2013 6 30 2013 17
2013 6 3061.64 2012 12 3158.19 2012 12 31 2013 6 30 477 518 91 95 2013 6 3021,500 2012 6 3019,800 EBITDA 2013 6 30 6.352012 6 305.51 2013 9 13 2013 10 4 568 613 18 2013
2013 6 30 2012 2013 2 11,906 13,314 (5,281) (6,343) (4,926) (5,286) 3 12 196 27 37 (469) (595) 9 7 (52) 25 2, 4 1,226 1,355 5 51 90 1,277 1,445 836 856 441 589 1,277 1,445 7 11.51 11.79 11.51 11.79 2642 6 2013 19
2013 6 30 2012 2013 1,277 1,445 (59) (92) 9 9 1 (14) (15) 19 (20) (45) (117) 1,232 1,328 806 780 426 548 1,232 1,328 2642 20 2013
2013 6 30 2012 12 31 2013 6 30 2012 12 31 2013 6 30 1 15,534 15,457 5,804 6,134 512 500 1,146 1,085 3,371 3,437 3,385 3,506 12,089 12,089 591 597 539 735 1 1 685 541 253 74 1 703 1,149 546 555 33,070 33,772 12,089 12,089 214 17,756 17,254 678 550 1,319 1,029 4,775 5,320 32 7 1,084 1,073 93 108 4 8 4,041 3,975 13 3 5 4,553 7,750 888 1,916 16,774 19,813 18,676 19,177 2013 21
2013 6 30 2012 12 31 2013 6 30 2012 12 31 2013 6 30 1 (8,540) (3,959) (8) 9 (2,380) (2,278) (4,129) (3,743) (11) (6) (959) (509) (196) (251) (136) (247) (1,903) (1,821) (1,169) (1,351) (19,412) (14,167) (11) (6) (2,638) 5,646 18,665 19,171 30,432 39,418 30,754 31,260 10 (17,926) (26,598) (1,570) (2,282) (2,103) (56) (557) (56) (240) (2,321) (2,385) (989) (939) (182) (182) (719) (697) (101) (105) (22,294) (31,463) (2,338) (3,913) 8,138 7,955 28,416 27,347 11 1,818 1,818 1,818 1,818 6,982 6,744 26,598 25,529 8,800 8,562 28,416 27,347 (662) (607) 8,138 7,955 28,416 27,347 2642 22 2013
2013 6 30 2012 2012 2012 1 1 1 1,818 9,143 8,560 3 (18) 96 1,079 154 181 (31) (15,014) 5,971 1,476 7,447 28,179 836 836 441 1,277 1,532 (41) (41) (18) (59) 7 7 2 9 (9) (9) (5) (14) 13 13 6 19 (41) 4 7 836 806 426 1,232 1,532 (30) (30) (2) (32) 6 6 6 6(b) (771) (771) (771) (771) (116) (116) 6(c) 1,625 1,625 (182) 1,443 19 747 747 (2,304) (1,557) 30 30 (771) (30) 6 2,372 1,577 (2,574) (997) (771) 2012 6 30 1 1,818 9,143 7,789 3 (48) 102 1,038 158 188 (31) (11,806) 8,354 (672) 7,682 28,940 2013 23
2013 6 30 2013 2013 2013 1 1 1 1,818 9,143 7,388 3 (44) 100 1,188 89 166 (31) (11,020) 8,800 (662) 8,138 28,416 856 856 589 1,445 (90) (68) (68) (24) (92) 10 10 (1) 9 1 1 1 (6) (6) (9) (15) 10 (13) (13) (7) (20) (4) (68) (19) 11 856 780 548 1,328 (84) (37) (37) (37) (14) (14) (6) (20) 19 19 1 20 6 (9) 2 (1) 1 6(b) (985) (985) (985) (985) (511) (511) 22 22 (985) (31) 10 (12) (1,018) (493) (1,511) (985) 2013 6 30 1,818 9,143 6,403 3 (75) 110 1,120 70 177 (31) (10,176) 8,562 (607) 7,955 27,347 2642 24 2013
2013 6 30 2012 2013 2,437 3,235 (3,828) (2,850) 986 2,807 (405) 3,192 (23) 5 1 1 5,365 4,553 6 30 4,937 7,750 6,244 8,784 (5) (1,307) (1,029) 4,937 7,750 2642 2013 25
2013 6 30 1 342012 12 31 2013 8 6 2410 34 2012 12 31 2013 6 30 2013 1 1 2013 6 304,300 2013 6 304,300 2012 12 31 2013 1 1 19 2011 19 2011 2012 6 302012 12 31 200 26 2013
1 2012 6 302012 12 31 4,400 2012 1 1 1.36300 2012 6 301.36 300 2012 12 311.82300 2012 6 30 1 7 2013 12 31 12 2013 12 31 13 2013 12 31 17 34 2013 1 1 27 2011 28 2011 1 10 11 20 2012 62009-2011 2013 27
2013 6 30 2 EBITDAEBITDA 28 2013
2 2012 6 30 9,425 779 821 38 843 11,906 a 290 483 307 5 (1,085) 9,715 1,262 1,128 38 848 (1,085) 11,906 EBITDA 3,736 217 168 (312) 166 (139) 3,836 2013 6 30 10,886 821 1,088 28 491 13,314 a 185 478 305 8 (976) 11,071 1,299 1,393 28 499 (976) 13,314 EBITDA 3,839 223 217 (268) 10 (75) 3,946 a. 2013 29
2013 6 30 2 EBITDA 6 30 2012 2013 EBITDA 3,836 3,946 (3) 5 (2,134) (2,266) 12 196 27 37 (469) (595) (43) 32 1,226 1,355 3 6 30 2012 2013 230 6 7 17 22 (78) 6 (2) 12 196 4 6 30 2012 2013 636 283 905 949 436 220 3,940 5,174 1,228 1,169 895 1,085 11 12 432 558 1,277 1,350 30 2013
5 6 30 2012 2013 275 294 37 12 (363) (396) (51) (90) 2012 6 a. 6 30 2012 2013 6.35 2012 5.51 401 462 2013 8 62013 12 31 6.35 b. 6 30 2012 2013 13.55 2012 10.60 771 985 2013 31
2013 6 30 6 c. 2011 12 31 2011 11 2914.43 2012 6 30 46 1 2012 3 2012 5316,160,960 18.39 7 6 30 2012 2013 836 856 7,272,294,654 7,272,294,654 (6,616,103) (15,464,612) 854,016 7,265,678,551 7,257,684,058 5,328,782 7,265,678,551 7,263,012,840 32 2013
8 2012 12 31 2013 6 30 0 30 2,028 1,823 31 60 600 545 61 90 332 326 91 120 162 236 120 1,160 1,290 4,282 4,220 (241) (245) 4,041 3,975 2013 6 30 2012 12 31 1.75 4,100 30 9 2012 12 31 2013 6 30 0 30 837 824 31 60 311 243 61 90 85 139 91 120 137 141 120 1,010 931 2,380 2,278 2013 6 30 2012 12 31 8,400 6,300 2013 33
2013 6 30 10 2012 4 17 PCCW Capital No. 4 Limited35.75 2022 2012 12 31 22.82 2013 6 30 21.03 2013 3 8PCCW-HKT Capital No.5 Limited53.75 2023 HKT HKTGH Hong Kong Telecommunications (HKT) LimitedHKTL HKTGH HKTL2013 6 30 34.66 11 0.25 10,000,000,000 2,500 0.25 2013 1 12013 6 30 7,272,294,654 1,818 12 2013 6 30 2012 6 30 2012 1 1 2,519,109 2.95 6.07 8,506,470 1,158,000 71,974 109,526 2012 6 30 11,025,579 1,339,500 34 2013
12 2013 6 30 2013 1 1 11,713,109 1,339,500 3.84 7.99 9,566,000 2,549,000 (2,245,285) (534,203) 2013 6 30 19,033,824 3,354,297 2013 6 30 3.64 2012 2.88 7.592012 5.98 13 2012 12 31 2013 6 30 1,728 1,525 790 2,665 2,518 4,190 14 2012 12 31 2013 6 30 477 518 91 95 568 613 2013 35
2013 6 30 15 2012 12 31 2013 6 30 42 41 5,777 6,108 5 10 5,819 6,164 16 6 30 2012 2013 a 39 26 a 15 a 100 143 a 115 170 a 67 78 a 13 b 30 47 a. b. 6 30 2012 2013 29 46 1 1 30 47 36 2013
17 a. 2012 12 31 2012 12 31 b. 2012 12 31 2012 12 31 98 98 587 587 253 253 4 4 98 257 587 942 (56) (56) 2013 37
2013 6 30 17 b. 2013 6 30 2013 6 30 107 107 434 434 74 74 1 1 108 74 434 616 (557) (557) (8) (8) (565) (565) 2013 6 30 38 2013
17 b. 2013 6 30 2013 6 30 2013 1 1 587 37 (114) 1 (77) 2013 6 30 434 2013 6 307,7002012 100 2012 2013 6 30 c. 2013 39
2013 6 30 17 d. 2013 6 30 2012 12 31 2012 12 31 2013 6 30 (8,540) (8,635) (3,959) (3,965) (17,926) (18,661) (26,598) (27,216) 18 a. 2013 5 2 6,500 1,200 1,200 i. 65 12 77 (1) 76 40 2013
18 a. i. 1 1 29 16 (1) (40) (5) 1 (65) 16 (49) ii. 100 2013 6 30 iii. 2013 6 30 2,200 200 2013 1 16,300500 b. 2012 6 30 2012 6 30 2013 41
2013 6 30 19 6 30 2012 2013 1,557 (2,304) (747) a. 2013 6 30 b. 2012 6 30 1.85 824,684,851 15.26 15.52 23.00 7.48 c. PCCW Teleservices (Philippines) Inc. PCCW Teleservices (US), Inc. 2012 6 30 IP BPO Holdings Pte. Ltd. PCCW Teleservices (Philippines) Inc. PCCW Teleservices (US), Inc. 500PCCW Teleservices (Philippines) Inc. PCCW Teleservices (US), Inc. 400 100 d. 2012 6 30 6(c) 20 2013 5 23 2013 6 25 1.8414.28 4,600 3.57 2013 6 30 2013 7 24 42 2013
2013 6 30352 XV 1. 271,666,824 1,740,004,335 1(a) 1(b) 2,011,671,159 27.66% 226,600 100,000 2(a) 7,547,000 2(b) 7,873,600 0.11% 1,301,177 3 1,301,177 0.02% 992,600 511 5,000,000 5,993,111 0.08% 4(a) 4(b) 5 1,000,000 5 1,000,000 0.01% 340,000 6 340,000 0.005% 1,000,000 1,000,000 0.01% 1. (a) Chiltonlink LimitedChiltonlink Pacific Century Diversified LimitedPCD237,919,824Eisner Investments LimitedEisner33,747,000 Chiltonlink Eisner (b) (i) Yue Shun LimitedYue Shun 36,726,857 Yue Shun36,726,857 2013 43
1. 1. (b) (ii) 154,785,177 154,785,177 (iii) 1,548,211,301 Anglang Investments Limited Pacific Century Group (Cayman Islands) Limited Pacific Century International Limited Borsington Limited Hopestar Holdings Limited 1,548,211,301 (iv) PineBridge Investments LLCPBI LLC281,000 PBI LLC Chiltonlink ChiltonlinkPBI LLC281,000 2. (a) Butternut Pacific Resources LimitedButternut (b) 2013 6 30 1,384,000 2013 7 8 2013 6 302013 7 51,730,000 3. 4. (a) (b) 5. 1994 6. 2. A. PCCW-HKT Capital No.2 Limited PineBridge Investments Asia LimitedPBIA1,0006 20132013 2013PCCW-HKT Capital No.2 LimitedPBIA Chiltonlink ChiltonlinkPBIA 2013 1,0002013 6 302013 2013 7 15 B. PCCW-HKT Capital No.4 Limited ING Life Insurance Company (Bermuda) LimitedINGPCCW-HKT Capital No.4 Limited900 4.25 2016 ING 44 2013
2. C. 177,552,046 1(a) 16,326 7,205 2(a) 125,358,732 1(b) 150,478 2(b) 302,910,778 4.72% 174,009 0.003% 330,374 3 330,374 0.01% 43,156 4(a) 22 4(b) 43,178 0.0007% 208,499 5 208,499 0.003% 143,477 143,477 0.002% XV (a) 0.0005 (b) 0.0005 2011 11 7 1. (a) PCD17,142,046Eisner39,000,000ING121,410,000 (b) (i) Yue Shun2,646,156Yue Shun 2,646,156 (ii) 11,152,220 11,152,220 2013 45
2. C. 1. (b) (iii) 111,548,140 111,548,140 (iv) PBI LLC12,216PBI LLC 12,216 2. (a) Butternut (b) 150,478 30,0872013 7 8 3. 4. (a) (b) 5. 2013 6 30 XV 352 46 2013
1. A. 1994 9 2019942004 5 19 1994200420041994 2004 5 19 2004 2013 6 30 (i) 1994 (1) 2013 1 12013 6 30 1 1 1 2013 1 1 2013 6 30 07.25.2003 07.25.2004 07.25.2006 07.25.2003 07.25.2004 07.25.2006 07.25.2004 07.23.2013 07.25.2004 07.23.2013 4.3500 5,000,000 5,000,000 2 4.3500 1,000,000 1,000,000 2 07.25.2003 07.25.2004 07.25.2006 07.25.2003 07.25.2004 07.25.2006 07.25.2004 07.23.2013 07.25.2004 07.23.2013 4.3500 32,965,538 32,516,538 2 4.3500 1,000,000 1,000,000 2 1. 2. 2013 6 302013 7 24 (2) 2013 6 30 (3) 2013 6 30 4.3500 449,000 2013 47
1. A. (ii) 2004 2013 1 12013 6 302013 6 30 B. 2002 2006 5 2012 11 15 2012 11 1510 2013 6 309,045,21817,450 625,0001,301,177 69,7212013 6 30 18,375,33017,4502013 6 30 2013 6 30 12 2. A. 2011 11 7 20112021 2013 6 3020112021 48 2013
2. B. 2011 10 11 2013 6 302,387,498 330,374 8,193 2013 6 30 2,985,367 2013 6 30 12 3. 2003 3 172003 10 2003 2005 5 132003 200520052005 5 23 2003 2003 2005 20032013 6 30 2003 (1) 2013 1 12013 6 30 2013 1 1 2013 6 30 12.20.2004 12.20.2004 12.20.2004 12.19.2014 2.375 5,000,000 5,000,000 2013 49
3. 2003 (1) 2013 1 12013 6 30 2013 6 302003 5,000,000 (2) 2013 6 30 2003 (3) 2013 6 30 (4) 2013 6 30 2005 2005 18 2013 6 30336 1,548,211,301 21.29% 1 1,702,996,478 23.42% Star Ocean Ultimate Limited 2 1,702,996,478 23.42% The Ocean Trust 2 1,702,996,478 23.42% The Starlite Trust 2 1,702,996,478 23.42% OS Holdings Limited 2 1,702,996,478 23.42% Ocean Star Management Limited 2 1,702,996,478 23.42% The Ocean Unit Trust 2 1,702,996,478 23.42% The Starlite Unit Trust 2 1,702,996,478 23.42% 3 1,343,571,766 18.48% 50 2013
1. (i) 154,785,177(ii)1,548,211,301 Borsington Limited Pacific Century International Limited Pacific Century Group (Cayman Islands) Limited Anglang Investments Limited 2. 2004 4 18 Ocean Star Management Limited The Ocean Unit Trust The Starlite Unit Trust Ocean Star Management Limited OS Holdings LimitedThe Ocean Trust The Starlite TrustThe Ocean Unit Trust The Starlite Unit TrustStar Ocean Ultimate LimitedThe Ocean Trust The Starlite Trust 3. China Unicom Group Corporation (BVI) Limited 2013 6 30336 Ocean Star Investment Management Limited 1,702,996,478 23.42% Ocean Star Investment Management Limited The Ocean Unit Trust The Starlite Unit TrustThe Ocean Unit Trust The Starlite Unit Trust Ocean Star Investment Management Limited 2013 6 30 336 2013 6 30 2013 6 30 2013 6 30 2013 51
2013 KBE LVO GBS GBM GBS OBE JP Bryce Wayne Lee Lars Eric Nils Rodert 979 41 +852 2888 2888 +852 2877 8877 2013 2013 (www.pccw.com/ir) (www.hkexnews.hk) A) 2013 B) 2013 OTC Markets Group Inc. 10 0008 0008.HK 8 HK PCCWY 183 17 1712-1716 +852 2862 8555 +852 2529 6087 hkinfo@computershare.com.hk Citibank, N.A. PCCW American Depositary Receipts Citibank Shareholder Services 250 Royall Street, Canton, MA 02021, USA 877 248 4237 +1 781 575 4555 citibank@shareholders-online.com www.citi.com/dr 2013 6 30 2013 6 30 2013 1,000 7,272,294,654 6.35 2013 8 6 2013 9 12-13 183 17M +852 2862 8688 +852 2529 6087 pccw@computershare.com.hk 2013 2013 2013 2013 2013 2013 979 41 +852 2514 5084 ir@pccw.com www.pccw.com 2013 9 13 2013 10 4 2014 2 52 2013