Disclaimer
Terms of Use
Kabel Deutschland ("KD") makes every effort to provide accurate and complete information on this website. However, KD assumes no liability and makes no guarantee for the timeliness, accuracy, and completeness of the information provided on this website. The same also applies to all links directly or indirectly referred to on this website. KD is not responsible for the content of a page reached by such a link. KD reserves the right to modify or amend the information provided herein without prior notification.
The content of this website is copyrighted. Nonetheless, KD grants you the right to store and reproduce the content provided on this website in whole or in part. However, for reasons of copyright protection, the storage and reproduction of images or graphics from this website are not permitted.
The information on this website (including information concerning the share price of Kabel Deutschland Holding AG or the price of Kabel Deutschland GmbH bonds) neither constitutes an invitation to purchase nor an invitation to engage in any other form of trading with bonds.
KD is not liable for direct or indirect damages, including lost profits, arising on the basis of or in connection with information provided on this website.
Forward-Looking Statements
This website may contain certain forward-looking statements based on current assumptions and projections made by KD`s management. Due to various known and unknown risks, uncertainties, and other factors, actual results, the financial position, or the development or performance of the Company can deviate significantly from the estimations expressed herein. KD does not assume any responsibility to update such forward-looking statements and adapt them to future events or developments.
Financial Measures
Certain documents on this website contain financial measures that are not reported in accordance with German accounting standards (HGB). In connection with its financial reporting, KD uses indicators such as EBITDA, free cash flow, CAPEX, and OPEX, which were not determined on the basis of German accounting standards.
KD is of the opinion that the non-HGB financial measures increase the meaningfulness of the statements concerning the liquidity and earnings development of the Company. A number of these financial measures are generally used by analysts, rating agencies, and investors in order to evaluate a company`s performance and compare the current and future development and value of KD with other competitors.
The financial measures are not meant to be viewed in isolation as an indicator for the earnings position or liquidity of KD. They are not to be viewed as a replacement for indicators such as net profit, cash flow from continuing operations, and other earnings and cash flow variables determined in accordance with HGB. Non-HGB financial measures used by KD can deviate from those employed by other companies and therefore are not necessarily comparable with indicators of other companies by the same name.