Statistical and Financial Summaries - Specialty Services - Category A

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 60 60 60 63 64

Revenue ($)
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Residential/bulk/SMATV subscriber revenue 580,033,312 589,156,710 1.57 598,892,990 1.65 676,238,097 12.91 687,842,018 1.72 4.4
DTH revenue 235,259,374 235,355,181 0.04 228,853,413 -2.76 234,506,478 2.47 239,558,771 2.15 0.5
Local advertising revenue 25,207,522 25,715,342 2.01 23,749,306 -7.65 23,528,623 -0.93 25,692,143 9.20 0.5
National advertising revenue 819,251,598 817,686,724 -0.19 856,993,412 4.81 794,802,273 -7.26 748,242,015 -5.86 -2.2
Other revenue 24,769,004 24,190,637 -2.34 25,674,226 6.13 25,990,939 1.23 24,694,453 -4.99 -0.1
Total Revenue 1,684,520,810 1,692,104,594 0.45 1,734,163,347 2.49 1,755,066,410 1.21 1,726,029,400 -1.65 0.6

Expenses ($)
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Programming and Production 785,006,546 785,294,978 0.04 796,782,544 1.46 863,285,593 8.35 847,149,188 -1.87 1.9
Technical 55,748,644 57,722,324 3.54 54,394,837 -5.76 63,430,948 16.61 64,464,660 1.63 3.7
Sales and Promotion 107,261,120 99,138,710 -7.57 106,068,321 6.99 91,470,004 -13.76 86,636,454 -5.28 -5.2
Administration and General 147,043,156 131,582,439 -10.51 146,623,597 11.43 139,977,829 -4.53 132,698,673 -5.20 -2.5
Total Expenses 1,095,059,466 1,073,738,451 -1.95 1,103,869,299 2.81 1,158,164,374 4.92 1,130,948,975 -2.35 0.8

Performance ($)
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Operating Income 589,461,344 618,366,143 630,294,048 596,902,036 595,080,425
Depreciation 34,760,990 31,568,816 -9.18 27,718,165 -12.20 32,984,095 19.00 35,124,439 6.49 0.3
P.B.I.T. 554,700,354 586,797,327 602,575,883 563,917,941 559,955,986
Interest Expense 82,633,157 40,457,694 39,937,541 37,951,914 89,685,111
Adjustments - Gain (Loss) -29,997,990 8,191,405 2,750,143 63,334,181 -13,503,842
Pre-tax Profit 442,069,207 554,531,038 565,388,485 589,300,208 456,767,033

Canadian Programming Expenses ($)
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Acquisition of rights 367,009,483 347,522,234 -5.31 364,093,544 4.77 393,655,872 8.12 362,825,092 -7.83 -0.3
Script & concept 5,369,664 6,649,983 23.84 8,524,931 28.19 10,145,554 19.01 9,783,089 -3.57 16.2
Filler Programming + Program Production 204,718,257 227,234,045 11.00 213,344,826 -6.11 227,519,445 6.64 200,349,630 -11.94 -0.5
Investment in Programming 5,115,799 2,637,664 -48.44 1,447,453 -45.12 4,464,688 208.45 17,461,483 291.10 35.9
Total Canadian Programming 582,213,203 584,043,926 0.31 587,410,754 0.58 635,785,559 8.24 590,419,294 -7.14 0.4
Canadian Programming/Revenue (%) 34.56 34.52 33.87 36.23 34.21

Staff
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Total Remuneration ($) 201,104,062 186,519,677 -7.25 183,230,858 -1.76 174,327,972 -4.86 169,442,055 -2.80 -4.2
Average Staff Count 2,693.33 2,603.12 -3.35 2,509.55 -3.59 2,509.41 -0.01 2,571.67 2.48
Avg Remuneration ($) 74,667 71,652 -4.04 73,013 1.90 69,470 -4.85 65,888 -5.16 -3.1
Avg Remuneration excl. Benefits ($)* 60,935 57,764 -5.20

Profitability (%)
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Operating Margin 35.0 36.5 36.3 34.0 34.5
P.B.I.T. Margin 32.9 34.7 34.7 32.1 32.4
Pre-tax Margin 26.2 32.8 32.6 33.6 26.5

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: