SBTN (formerly Vietnamese TV)

Pay & Specialty – Financial Summary 2010-2014

Table of Contents

Undertaking # Service Name Licensee Licensee Ultimate Owner Type Year
535417704 SBTN (formerly Vietnamese TV) Ethnic Channels Group Limited Levin, Slava 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 132,606 113,495 -14.41 126,859 11.77 158,228 24.73 160,583 1.49 4.9

Expenses ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Programming and Production 29,464 43,583 47.92 76,014 74.41 83,939 10.43 100,390 19.60 35.9
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 0 3,217 n/a 5,680 76.56 3,977 -29.98 3,751 -5.68 n/a
Script & concept 6,117 4,289 -29.88 7,574 76.59 5,303 -29.98 5,001 -5.69 -4.9
Filler Programming + Program Production 6,116 13,939 127.91 24,614 76.58 17,234 -29.98 16,254 -5.69 27.7
Investment in Programming 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Total Canadian Programming 12,233 21,445 75.30 37,868 76.58 26,514 -29.98 25,006 -5.69 19.6
Canadian Programming/Revenue (%) 9.23 18.90 29.85 16.76 15.57

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
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