Prise 2 (formerly Nostalgie)

Pay & Specialty – Financial Summary 2010-2014

Table of Contents

Undertaking # Service Name Licensee Licensee Ultimate Owner Type Year
535421284 Prise 2 (formerly Nostalgie) Groupe TVA inc. Les Placements Péladeau inc. Specialty (category B service) 2014

Revenue ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Residential/bulk/smatv subscriber revenue 2,053,036 2,599,630 26.62 3,147,881 21.09 3,619,446 14.98 4,061,055 12.20 18.6
DTH revenue 1,897,601 2,045,183 7.78 2,085,280 1.96 2,159,215 3.55 2,241,673 3.82 4.3
Local advertising revenue 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
National advertising revenue 446,089 768,797 72.34 834,449 8.54 1,542,815 84.89 2,097,628 35.96 47.3
Other revenue 6,282 8,826 40.50 44,657 405.97 95,517 113.89 85,933 -10.03
Total Revenue 4,403,008 5,422,436 23.15 6,112,267 12.72 7,416,993 21.35 8,486,289 14.42 17.8

Expenses ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Programming and Production 2,835,887 3,036,172 7.06 3,378,301 11.27 3,939,191 16.60 4,724,022 19.92 13.6
Technical 446,970 524,504 17.35 715,982 36.51 579,667 -19.04 446,370 -23.00 0.0
Sales and Promotion 408,171 407,345 -0.20 437,103 7.31 606,845 38.83 501,431 -17.37 5.3
Administration and General 274,998 109,929 -60.03 94,724 -13.83 154,198 62.79 344,488 123.41 5.8
Total Expenses 3,966,026 4,077,950 2.82 4,626,110 13.44 5,279,901 14.13 6,016,311 13.95 11.0

Performance ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Operating Income 436,982 1,344,486 1,486,157 2,137,092 2,469,978
Depreciation 67,124 100,000 48.98 100,000 0.00 100,000 0.00 100,000 0.00 10.5
P.B.I.T. 369,858 1,244,486 1,386,157 2,037,092 2,369,978
Interest Expense 115,201 105,000 -8.85 200,792 91.23 206,191 2.69 163,741 -20.59
Adjustments - Gain (Loss) 0 0 n/a 0 n/a 0 n/a 0 n/a
Pre-tax Profit 254,657 1,139,486 1,185,365 1,830,901 2,206,237

Canadian Programming Expenses ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Acquisition of rights 861,343 1,068,329 24.03 1,282,418 20.04 1,987,047 54.95 3,048,537 53.42 37.2
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 0 n/a 0 n/a 0 n/a n/a
Investment in Programming 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Total Canadian Programming 861,343 1,068,329 24.03 1,282,418 20.04 1,987,047 54.95 3,048,537 53.42 37.2
Canadian Programming/Revenue (%) 19.56 19.70 20.98 26.79 35.92

Staff ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Total Remuneration 96,417 167,717 73.95 222,443 32.63 160,272 -27.95 107,265 -33.07 2.7
Total Staff Count 1 2 100.00 2 0.00 2 0.00 2 0.00
Avg Remuneration 96,417 83,859 -13.03 111,222 32.63 80,136 -27.95 53,633 -33.07 -13.6

Subscribers
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Subscribers 690,032 798,905 15.78 888,940 11.27 983,554 10.64 1,065,173 8.30 11.5

Profitability (%)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Operating Margin 9.9 24.8 24.3 28.8 29.1
P.B.I.T. Margin 8.4 23.0 22.7 27.5 27.9
Pre-tax Margin 5.8 21.0 19.4 24.7 26.0
Date modified: