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About DOCOMOInvestor RelationsFinancial DataReconciliations of the Non-GAAP Financial Measures
Calculation processes of financial indicators which are not based on accounting standard are provided.
Reconciliations of the Non-GAAP Financial Measures
Financial data is based on USGAAP.
Effective July 1, 2009, NTT DOCOMO adopted the accounting pronouncement issued by Financial Accounting Standards Board ("FASB") relating to "FASB Accounting Standards Codification" ("ASC"). This pronouncement established ASC as the single source of authoritative U.S. GAAP, and reorganized then-existing U.S. GAAP pronouncements into ASC. Although the references of accounting pronouncements are presented based on pre-Codification accounting pronouncements on this website, the applicable standards remain effective under ASC.
The reconciliations for the year ending March 31, 2010 (forecasts) are provided to the extent available without unreasonable efforts.
Full-year forecasts: As announced on October 30, 2009
EBITDA and EBITDA margin
(Billions of yen, unless otherwise specified)
| 3/2005 | 3/2006 | 3/2007 | 3/2008 | 3/2009 | 3/2010 (Est.) (Revised) |
|||
| a. EBITDA | 1,625.7 | 1,606.8 | 1,574.6 | 1,639.1 | 1,678.4 | 1,563.0 | ||
| Depreciation and amortization | (minus735.4) | (minus738.1) | (minus745.3) | (minus776.4) | (minus804.2) | (minus703.0) | ||
| Loss on sale or disposal of property, plant and equipment | (minus45.7) | (minus36.0) | (minus55.7) | (minus54.4) | (minus43.3) | (minus30.0) | ||
| Impairment loss | (minus60.4) | - | - | - | - | - | ||
| Operating income | 784.2 | 832.6 | 773.5 | 808.3 | 831.0 | 830.0 | ||
| Other income (expense) | 504.1 | 119.7 | (minus0.6) | (minus7.6) | (minus50.5) | (minus5.0) | ||
| Income taxes | (minus527.7) | (minus341.4) | (minus313.7) | (minus323.0) | (minus308.4) | (minus332.0) | ||
| Equity in net income (losses) of affiliates | (minus12.9) | (minus0.4) | (minus1.9) | 13.6 | (minus0.7) | 2.0 | ||
|
(minus0.1) | (minus0.1) | (minus0) | (minus0.1) | 0.5 | (minus2.0) | ||
| b. Net income attributable to NTT DOCOMO, INC. | 747.6 | 610.5 | 457.3 | 491.2 | 471.9 | 493.0 | ||
| c. Operating revenues | 4,844.6 | 4,765.9 | 4,788.1 | 4,711.8 | 4,448.0 | 4,276.0 | ||
| EBITDA margin (=a/c) | 33.6% | 33.7% | 32.9% | 34.8% | 37.7% | 36.6% | ||
| Net income margin (=b/c) | 15.4% | 12.8% | 9.6% | 10.4% | 10.6% | 11.5% |
- EBITDA and EBITDA margin, as we use them, are different from EBITDA as used in Item 10(e) of regulation S-K and may not be comparable to similarly titled measures used by other companies.
- From the year ended March 31, 2006, the amount of impairment loss related to PHS assets, which was separately stated in the past, have been included in "Depreciation and amortization".
- The amounts of "Net (income) loss attributable to noncontrolling interests" for the fiscal years ended March 31, 2005 to March 31, 2009 are the minority interests that were used before the adoption of SFAS160, "Noncontrolling Interests in Consolidated Financial Statements - an amendment of ARB No. 51."
ROCE after tax effect
(Billions of yen, unless otherwise specified)
| 3/2005 | 3/2006 | 3/2007 | 3/2008 | 3/2009 | 3/2010 (Est.) (Revised) |
||
| a. Operating income | 784.2 | 832.6 | 773.5 | 808.3 | 831.0 | 830.0 | |
| b. Operating income after tax effect{=a(1-effective tax rate)} | 463.4 | 492.1 | 457.2 | 477.7 | 491.9 | 491.4 | |
| c. Capital employed | 4,826.4 | 4,850.4 | 4,804.3 | 4,759.6 | 4,867.9 | 5,108.9 | |
| ROCE before tax effect (=a/c) | 16.2% | 17.2% | 16.1% | 17.0% | 17.1% | 16.2% | |
| ROCE after tax effect (=b/c) | 9.6% | 10.1% | 9.5% | 10.0% | 10.1% | 9.6% | |
Capital employed = Two period ends average of (NTT DOCOMO, INC. shareholders' equity + Interest bearing liabilities)
Interest bearing liabilities = Current portion of long-term debt + Short-term borrowings + Long-term debt
Effective tax rate : Year ended March 31, 2005, 2006, 2007, 2008, and 2009 = 40.9%, Year ending March 31, 2010 (Forecasts) = 40.8%
Adjusted free cash flows (excluding irregular factors and Changes in investments for cash management purposes)
(Billions of yen)
| 3/2005 | 3/2006 | 3/2007 | 3/2008 | 3/2009 | 3/2010 (Est.) (Revised) |
||
| Adjusted free cash flows (excluding irregular factors and Changes in investments for cash management purposes) | 1,003.6 | 510.9 | 192.2 | 442.4 | 93.4 | 360.0 | |
| Irregular factors1 |
- | - | (minus210.0) | 210.0 | - | - | |
| Changes in investments for cash management purposes2 |
(minus400.3) | 149.0 | 50.7 | 148.9 | 49.3 | - | |
| Free cash flows3 |
603.3 | 659.9 | 32.9 | 801.3 | 142.7 | 360.0 | |
| Net cash used in investing activities | (minus578.3) | (minus951.1) | (minus947.7) | (minus758.8) | (minus1,031.0) | (minus731.0) | |
| Net cash provided by operating activities | 1,181.6 | 1,610.9 | 980.6 | 1,560.1 | 1,173.7 | 1,091.0 | |
- 1 Irregular factors:
The effects of uncollected revenues due to bank holidays at the end of periods. - 2 Changes in investments for cash management purposes:
The Changes derived from purchases, redemption at maturity and disposals of financial instruments held for cash management purposes with original maturities of longer than three months. Changes in investments for cash management purposes for the year ending March 31, 2010 is not forecasted due to difficulties in forecasting the effect. - 3 Cash flows from operating activities + Cash flows from investing activities
