Pay and Specialty - Nickelodeon (formerly YTV OneWorld)

Individual Pay, Pay-per-view, Video-on-demand and Specialty Services - Financial Summary 2011-2015

Table of Contents

Undertaking # Service Name Licensee Licensee Ultimate Owner Type Year
535427068 Nickelodeon (formerly YTV OneWorld) 4537459 Canada Inc. Corus Entertainment Inc. Specialty (category B service) 2015

Revenue ($)
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Residential/bulk/SMATV subscriber revenue
DTH revenue
Local advertising revenue
National advertising revenue
Other revenue
Total Revenue 6,793,459 7,005,074 3.11 6,878,900 -1.80 6,460,041 -6.09 5,817,794 -9.94 -3.8

Expenses ($)
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Programming and Production 1,532,269 2,257,365 47.32 2,312,582 2.45 2,305,808 -0.29 2,988,758 29.62 18.2
Technical
Sales and Promotion
Administration and General
Total Expenses

Performance ($)
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Operating Income
Depreciation
P.B.I.T.
Interest Expense
Adjustments - Gain (Loss)
Pre-tax Profit

Canadian Programming Expenses ($)
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Acquisition of rights 290,521 707,026 143.36 733,940 3.81 878,561 19.70 599,252 -31.79 19.8
Script & concept 8,593 61,416 614.72 70,660 15.05 61,677 -12.71 42,246 -31.50 48.9
Filler Programming + Program Production 104,836 225,794 115.38 203,685 -9.79 189,698 -6.87 174,198 -8.17 13.5
Investment in Programming 0 0 0 0 1,092,406
Total Canadian Programming 403,950 994,236 146.13 1,008,285 1.41 1,129,936 12.07 1,908,102 68.87 47.4
Canadian Programming/Revenue (%) 5.95 14.19 14.66 17.49 32.80

Staff
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Total Remuneration ($)
Average Staff Count
Avg Remuneration ($)

Subscribers
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Subscribers

Profitability (%)
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Operating Margin
P.B.I.T. Margin
Pre-tax Margin

CAGR = Compound Annual Growth Rate

DTH = Direct-to-Home

SMATV = Satellite Master Atenna Television

P.B.I.T. = Profit Before Interest and Tax

Var = Variation

Date modified: