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Etisalat Annual Report

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Etisalat Annual Report
Together Forward
Annual Report 2011

Reports and Consolidated Financial Statements for the year ended 31 December 2011

167 million
Aggregate Subscribers

Table of contents:
1. 2. 3. 4. 5. 6. Business Overview Chairman Statement Board of Directors and Executive Committee Chief Executive Officer Statement Operational Highlights 2011 Management Review • Group Commercial Initiatives • Etisalat UAE • International Operations • Network • Etisalat Services Holding • Human Capital 7. Corporate Governance 8. Independent auditors’ report to the shareholders 9. Consolidated income statement 10. Consolidated statement of comprehensive income 11. Consolidated statement of financial position 12. Consolidated statement of changes in equity 13. Consolidated statement of cash flows 14. Notes to the consolidated financial statements 15. Notice of General Annual Shareholders’ Meeting

32.2 AED billion
Revenue

10.4 AED billion
Operating Profit before Federal Royalty

5.8 AED billion
Net Profit

4.3 AED billion
CAPEX

60 fils
Dividend per share

Head Office:
Etisalat Building Intersection of Zayed The 1st Street and Sheikh Rashid Bin Saeed Al Maktoum Street P.O. Box 3838 Abu Dhabi, UAE Telephone: +971 2 6283333 Fax: +971 2 6317000 Telex: 22135 ETCHO EM etisalat.ae Regional Offices: Abu Dhabi, Dubai, Northern Emirates

2

Business Overview Awards - Corporate
2006 2007 Telecom World Middle East Awards Best Operator 2008 World Communications Awards Arabian Business Achievement Awards 2009 TM Forum Awards International Business Awards SAMENA Telecommunications Council 2010 Telecom World Middle East Awards Best International Carrier Best Middle East Telecommunications Company Best Mobile Operator Best Multinational Company Middle East & Africa Best Telecom Company MENASA Best Operator International Leader in Telecommunications Sector – Asia & Africa’ Leader in Telecoms Most Innovative Company Africa Business Awards Training Excellence Technical
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