Hellenic Telecommunications Organization SA

Common Name
Hellenic Telecommunications Organization
Country
Greece
Sector
Communication Services
Industry
Telecom Services
Employees
9,692
Ticker
HTO
Exchange
ATHENS EXCHANGE S.A. CASH MARKET
Description
Hellenic Telecommunications Organization S.A., commonly known as OTE, is a prominent telecommunications provider in Greece, offering a comprehensive suite of services to both individual and corporate ...

Financial Statements of Hellenic Telecommunications Organization

Below are the financial statements of Hellenic Telecommunications Organization, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

All figures in millions of EUR20242023
Fixed business
Retail services revenues
911a
915.1a
Wholesale services revenues
583a
572.3a
Other revenues
450.5a
373.9a
Total revenues from fixed business
1,944.5a
1,861.3a
Mobile business
Service revenues
1,191.5a
1,193.5a
Handset revenues
324.3a
300.2a
Other revenues
21.7a
17.4a
Total revenues from mobile business
1,537.5a
1,511.1a
Miscellaneous other revenues
108.8a
96.5a
Total revenues
3,590.8a
3,468.9a
Other operating income
12.5a
9.7a
Operating expenses
Interconnection and roaming costs
-445.7a
-442.9a
Provision for expected credit losses
-34.4a
-37.9a
Personnel costs
-400.9a
-421a
Costs related to voluntary leave schemes
-33.8a
-35.3a
Commission costs
-97.7a
-90.2a
Merchandise costs
-388.8a
-377.9a
Maintenance and repairs
-87.2a
-91.5a
Marketing
-74.6a
-74.3a
Other operating expenses
-668.5a
-525.4a
Total operating expenses before depreciation, amortization and impairment
-2,231.6a
-2,096.4a
Operating profit before financial and investing activities, depreciation, amortization and impairment
1,371.7a
1,382.2a
Depreciation, amortization and impairment
-703.3a
-666.5a
Operating profit before financial and investing activities
668.4a
715.7a
Income and expense from financial and investing activities
Finance income and costs
-21a
-20.2a
Foreign exchange differences, net
0.7a
3.1a
Dividend income
0a
0a
Gains / (losses) from investments and other financial assets - impairment
30.5a
0.9a
Total profit / (loss) from financial and investing activities
10.2a
-16.2a
Profit before tax
678.6a
699.5a
Income tax
-199.8a
-167.8a
Profit for the year
478.8a
531.7a
Attributable to
Owners of the parent
478.8a
531.7a
Non-controlling interests
0a
0a

Verified Sources Behind Hellenic Telecommunications Organization’s Financial Fundamentals Data

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a. Hellenic Telecommunications Organization's Financial Report 2024
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