The Pet Network

Pay & Specialty – Financial Summary 2010-2014

Table of Contents

Undertaking # Service Name Licensee Licensee Ultimate Owner Type Year
305424822 The Pet Network Stornoway Communications Limited Partnership Smith, Vincent & Co. Ltd. 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 517,379 690,726 33.50 1,525,065 120.79 2,096,234 37.45 813,258 -61.20 12.0

Expenses ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Programming and Production 734,534 951,445 29.53 1,854,513 94.92 2,241,917 20.89 1,161,423 -48.20 12.1
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 516,904 633,729 22.60 1,418,960 123.91 1,630,561 14.91 127,909 -92.16 -29.5
Script & concept 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Filler Programming + Program Production 110,977 163,440 47.27 193,845 18.60 398,211 105.43 857,613 115.37 66.7
Investment in Programming 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Total Canadian Programming 627,881 797,169 26.96 1,612,805 102.32 2,028,772 25.79 985,522 -51.42 11.9
Canadian Programming/Revenue (%) 121.36 115.41 105.75 96.78 121.18

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: