Cesky Telecom (CT) reported its audited FY2003 IFRS results yesterday. They confirmed a net loss of CZK 1.8bn in 2003 due to the one-off impairment charge of CZK 9.9bn to write down part of CT's assets. An analyst presentation of the results will be held today at 12 pm CET.
IFRS consolidated (CZK m)
2003 2002 % change
Sales 51,476 52,856 -2.6%
EBITDA 23,814 26,150 -8.9%
EBIT -5,539 7,088 -178.1%
Pre-tax income -6,667 6,110 -209.1%
Net income -1,780 4,276 -141.6%
EPS (CZK) -5.36 13.28 -141.6%
Jitka Oppitzová, Patria Finance