Câblevision du Nord de Québec inc., Val d'Or

Pay & Specialty – Financial Summary 2010-2014

Table of Contents

Undertaking # Service Name Licensee Licensee Ultimate Owner Type Year
535424121 Câblevision du Nord de Québec inc., Val d'Or Câblevision du Nord de Québec inc. BCE Inc. Video-on-Demand 2014

Revenue ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Residential/bulk/smatv subscriber revenue 466,437 683,177 46.47 685,572 0.35 644,181 -6.04 531,287 -17.53 3.3
DTH revenue 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Local advertising revenue 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
National advertising revenue 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Other revenue 0 0 n/a 0 n/a 0 n/a -22,112 n/a
Total Revenue 466,437 683,177 46.47 685,572 0.35 644,181 -6.04 509,175 -20.96 2.2

Expenses ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Programming and Production 257,080 365,618 42.22 363,252 -0.65 372,909 2.66 287,743 -22.84 2.9
Technical 48,988 79,301 61.88 64,939 -18.11 62,215 -4.19 62,288 0.12 6.2
Sales and Promotion 0 38,509 n/a 14,333 -62.78 21,000 46.52 14,695 -30.02 n/a
Administration and General 5,415 66,972 >999± 47,244 -29.46 43,639 -7.63 35,991 -17.53 60.6
Total Expenses 311,483 550,400 76.70 489,768 -11.02 499,763 2.04 400,717 -19.82 6.5

Performance ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Operating Income 154,954 132,777 195,804 144,418 108,458
Depreciation 54,463 54,463 0.00 54,463 0.00 70,069 28.65 70,069 0.00 6.5
P.B.I.T. 100,491 78,314 141,341 74,349 38,389
Interest Expense 0 0 n/a 0 n/a 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 100,491 78,314 141,341 74,349 38,389

Canadian Programming Expenses ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Acquisition of rights 0 2,990 n/a 3,241 8.39 3,386 4.47 3,014 -10.99 n/a
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 0 2,990 n/a 3,241 8.39 3,386 4.47 3,014 -10.99 n/a
Canadian Programming/Revenue (%) 0.00 0.44 0.47 0.53 0.59

Staff ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Total Remuneration 34,696 45,460 31.02 43,948 -3.33 35,135 -20.05 43,155 22.83 5.6
Total Staff Count 1 1 0.00 1.5 50.00 1 -33.33 1 0.00
Avg Remuneration 34,696 45,460 31.02 29,299 -35.55 35,135 19.92 43,155 22.83 5.6

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 33.2 19.4 28.6 22.4 21.3
P.B.I.T. Margin 21.5 11.5 20.6 11.5 7.5
Pre-tax Margin 21.5 11.5 20.6 11.5 7.5
Date modified: