HIFI (formerly Treasure HD)

Pay & Specialty – Financial Summary 2010-2014

Table of Contents

Undertaking # Service Name Licensee Licensee Ultimate Owner Type Year
535420898 HIFI (formerly Treasure HD) Blue Ant Television Ltd. Blue Ant Media Inc. Specialty (category B service) 2014

Revenue ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Residential/bulk/smatv subscriber revenue
DTH revenue
Local advertising revenue
National advertising revenue
Other revenue
Total Revenue 3,104,819 3,399,917 9.50 3,535,642 3.99 3,573,111 1.06 4,005,254 12.09 6.6

Expenses ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Programming and Production 576,407 1,259,639 118.53 1,353,099 7.42 1,765,806 30.50 1,589,792 -9.97 28.9
Technical
Sales and Promotion
Administration and General
Total Expenses

Performance ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Operating Income
Depreciation
P.B.I.T.
Interest Expense
Adjustments - Gain (Loss)
Pre-tax Profit

Canadian Programming Expenses ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Acquisition of rights 103,964 156,633 50.66 344,311 119.82 167,198 -51.44 96,788 -42.11 -1.8
Script & concept 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Filler Programming + Program Production 0 250,000 n/a 261,642 4.66 623,656 138.36 808,816 29.69 n/a
Investment in Programming 0 0 n/a 18,889 n/a 0 -100.00 0 n/a n/a
Total Canadian Programming 103,964 406,633 291.13 624,842 53.66 790,854 26.57 905,604 14.51 71.8
Canadian Programming/Revenue (%) 3.35 11.96 17.67 22.13 22.61

Staff ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Total Remuneration
Total Staff Count
Avg Remuneration

Subscribers
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Subscribers

Profitability (%)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Operating Margin
P.B.I.T. Margin
Pre-tax Margin
Date modified: