Statistical and Financial Summaries - Pay-per-view Services

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

Table of Contents

Reporting Units
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Reporting Units 9 9 8 8 8

Revenue ($)
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Residential/bulk/SMATV subscriber revenue 60,541,275 54,450,859 -10.06 52,183,481 -4.16 51,404,443 -1.49 48,664,497 -5.33 -5.3
DTH revenue 66,305,521 55,307,250 -16.59 43,783,177 -20.84 43,267,052 -1.18 40,363,540 -6.71 -11.7
Local advertising revenue 0 0 0 0 0
National advertising revenue 0 0 0 0 0
Other revenue 2,396,330 5,980,517 149.57 3,685,442 -38.38 6,654,773 80.57 6,121,037 -8.02 26.4
Total Revenue 129,243,126 115,738,626 -10.45 99,652,100 -13.90 101,326,268 1.68 95,149,074 -6.10 -7.4

Expenses ($)
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Programming and Production 93,518,508 83,959,944 -10.22 71,118,106 -15.30 73,842,420 3.83 92,174,868 24.83 -0.4
Technical 7,339,995 7,409,921 0.95 5,060,479 -31.71 6,499,744 28.44 3,494,284 -46.24 -16.9
Sales and Promotion 1,498,941 2,148,022 43.30 1,183,801 -44.89 1,107,422 -6.45 535,516 -51.64 -22.7
Administration and General 12,703,452 12,803,235 0.79 10,746,970 -16.06 10,439,394 -2.86 9,843,908 -5.70 -6.2
Total Expenses 115,060,896 106,321,122 -7.60 88,109,356 -17.13 91,888,980 4.29 106,048,576 15.41 -2.0

Performance ($)
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Operating Income 14,182,230 9,417,504 11,542,744 9,437,288 -10,899,502
Depreciation 1,087,722 1,059,426 -2.60 1,000,157 -5.59 1,101,394 10.12 9,375 -99.15 -69.5
P.B.I.T. 13,094,508 8,358,078 10,542,587 8,335,894 -10,908,877
Interest Expense 0 0 0 0 -4,989
Adjustments - Gain (Loss) 75,136 16,336 13,234 20,566 0
Pre-tax Profit 13,169,644 8,374,414 10,555,821 8,356,460 -10,903,888

Canadian Programming Expenses ($)
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Acquisition of rights 3,662,740 3,089,066 -15.66 3,158,099 2.23 4,370,998 38.41 15,163,022 246.90 42.6
Script & concept 0 0 n/a 0 n/a 0 n/a 15,543 n/a n/a
Filler Programming + Program Production 1,280,987 931,002 -27.32 907,814 -2.49 1,102,842 21.48 565,612 -48.71 -18.5
Investment in Programming 855,903 685,538 -19.90 621,794 -9.30 506,382 -18.56 0 -100.0
Total Canadian Programming 5,799,630 4,705,606 -18.86 4,687,707 -0.38 5,980,222 27.57 15,744,177 163.27 28.4
Canadian Programming/Revenue (%) 4.49 4.07 4.70 5.90 16.55

Staff
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Total Remuneration ($) 2,559,729 3,166,530 23.71 3,220,846 1.72 3,171,857 -1.52 3,564,073 12.37 8.6
Average Staff Count 28.25 30.50 7.96 31.00 1.64 31.24 0.77 35.50 13.64
Avg Remuneration ($) 90,610 103,821 14.58 103,898 0.07 101,532 -2.28 100,396 -1.12 2.6
Avg Remuneration excl. Benefits ($)* 92,182 89,921 -2.45

Profitability (%)
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Operating Margin 11.0 8.1 11.6 9.3 -11.5
P.B.I.T. Margin 10.1 7.2 10.6 8.2 -11.5
Pre-tax Margin 10.2 7.2 10.6 8.2 -11.5

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

*Fringe benefits data was not collected prior to the 2014 Broadcast Year.

Date modified: