As part of the execution of the 2018 Strategy, TDC Group adjusted its Danish organisation during September 2016 towards a more customer-centric organisation with further end-to-end process responsibility in the business lines. For the financial reporting it means that more costs are allocated to the reporting segments Consumer, Business and Wholesale, whereas correspondingly fewer costs are allocated to Other operations in Denmark.
TDC will report in accordance with the adjusted organisation with effect from the Interim Financial Report for January-September 2016. Comparative figures in the income statements for the business lines are restated accordingly.
A restated Fact Sheet with comparative figures for Q1 2014 to Q2 2016 is therefore now available on TDC’s website and attached to this release.
The restatement does not give rise to any changes to TDC’s guidance for 2016, which was announced on 21 June 2016.
TDC A/S
Teglholmsgade 1
0900 Copenhagen C
DK-Denmark
tdc.com
