MovieTime (formerly known as Lonestar)

Pay & Specialty – Financial Summary 2010-2014

Table of Contents

Undertaking # Service Name Licensee Licensee Ultimate Owner Type Year
305426000 MovieTime (formerly known as Lonestar) Shaw Television Limited Partnership Shaw Communications Inc. Specialty (category B service) 2014

Revenue ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Residential/bulk/smatv subscriber revenue 2,586,388 3,084,635 19.26 6,047,425 96.05 6,514,327 7.72 5,289,751 -18.80 19.6
DTH revenue 2,321,865 2,446,518 5.37 2,307,643 -5.68 1,999,384 -13.36 2,133,648 6.72 -2.1
Local advertising revenue 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
National advertising revenue 2,395,914 3,950,638 64.89 5,427,848 37.39 6,604,273 21.67 7,647,716 15.80 33.7
Other revenue 0 0 n/a 0 n/a 0 n/a 0 n/a
Total Revenue 7,304,167 9,481,791 29.81 13,782,916 45.36 15,117,984 9.69 15,071,115 -0.31 19.9

Expenses ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Programming and Production 2,282,627 2,883,440 26.32 2,775,660 -3.74 3,098,071 11.62 3,305,418 6.69 9.7
Technical 547,627 585,285 6.88 753,016 28.66 636,074 -15.53 926,916 45.72 14.1
Sales and Promotion 513,202 944,622 84.06 503,361 -46.71 167,444 -66.73 143,556 -14.27 -27.3
Administration and General 543,765 548,539 0.88 733,862 33.78 814,836 11.03 1,410,974 73.16 26.9
Total Expenses 3,887,221 4,961,886 27.65 4,765,899 -3.95 4,716,425 -1.04 5,786,864 22.70 10.5

Performance ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Operating Income 3,416,946 4,519,905 9,017,017 10,401,559 9,284,251
Depreciation 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
P.B.I.T. 3,416,946 4,519,905 9,017,017 10,401,559 9,284,251
Interest Expense -11 1,227 >999± 0 -100.00 0 n/a 0 n/a
Adjustments - Gain (Loss) 0 0 n/a 0 n/a 0 n/a 0 n/a
Pre-tax Profit 3,416,957 4,518,678 9,017,017 10,401,559 9,284,251

Canadian Programming Expenses ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Acquisition of rights 299,835 195,659 -34.74 143,310 -26.76 148,125 3.36 147,408 -0.48 -16.3
Script & concept 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Filler Programming + Program Production 0 0 n/a 276,410 n/a 284,776 3.03 210,094 -26.22 n/a
Investment in Programming 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Total Canadian Programming 299,835 195,659 -34.74 419,720 114.52 432,901 3.14 357,502 -17.42 4.5
Canadian Programming/Revenue (%) 4.10 2.06 3.05 2.86 2.37

Staff ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Total Remuneration 907,255 1,087,071 19.82 970,123 -10.76 953,142 -1.75 1,110,508 16.51 5.2
Total Staff Count 20 23 15.00 13 -43.48 12 -7.69 13 8.33
Avg Remuneration 45,363 47,264 4.19 74,625 57.89 79,429 6.44 85,424 7.55 17.1

Subscribers
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Subscribers 1,597,486 4,257,639 166.52 5,106,370 19.93 5,206,356 1.96 4,439,145 -14.74 29.1

Profitability (%)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Operating Margin 46.8 47.7 65.4 68.8 61.6
P.B.I.T. Margin 46.8 47.7 65.4 68.8 61.6
Pre-tax Margin 46.8 47.7 65.4 68.8 61.6
Date modified: