HGTV Canada - Home and Garden Television Canada

Individual Discretionary and On-Demand Services - Statistical and Financial Summaries 2012-2016

Table of Contents

Undertaking # Service Name Licensee Licensee Ultimate Owner Type Year
305417322 HGTV Canada - Home and Garden Television Canada HGTV Canada Inc. Corus Entertainment Inc.                                    Specialty (category A service) 2016
Revenue ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Residential/bulk/smatv subscriber revenue 12,349,505 13,213,309 6.99 13,906,801 5.25 14,425,257 3.73 14,386,777 -0.27 3.9
DTH subscriber revenue 4,054,599 4,000,667 -1.33 4,616,435 15.39 5,165,257 11.89 5,203,166 0.73 6.4
Local advertising revenue 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
National advertising revenue 55,920,827 56,651,109 1.31 58,096,644 2.55 52,530,899 -9.58 51,506,191 -1.95 -2.0
Other revenue 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Total Revenue 72,324,931 73,865,085 2.13 76,619,880 3.73 72,121,413 -5.87 71,096,134 -1.42 -0.4
Expenses ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Programming and Production 31,943,595 24,959,902 -21.86 25,620,925 2.65 32,605,868 27.26 37,197,930 14.08 3.9
Technical 735,374 700,590 -4.73 986,198 40.77 1,228,708 24.59 1,448,446 17.88 18.5
Sales and Promotion 1,307,073 1,582,475 21.07 2,066,248 30.57 1,905,975 -7.76 2,046,748 7.39 11.9
Administration and General 3,802,528 3,461,603 -8.97 3,882,929 12.17 5,580,980 43.73 5,159,916 -7.54 7.9
Total Expenses 37,788,570 30,704,570 -18.75 32,556,300 6.03 41,321,531 26.92 45,853,040 10.97 5.0
Performance ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Income 34,536,361 43,160,515 - 44,063,580 - 30,799,882 - 25,243,094 - -
Depreciation 304,955 319,596 4.80 319,596 0.00 46,322 -85.51 0 -100.00 -100.0
P.B.I.T. 34,231,406 42,840,919 - 43,743,984 - 30,753,560 - 25,243,094 - -
Interest Expense -2,683 16,794 -725.94 -48,505 -388.82 -43,767 -9.77 282,341 -745.10 -
Adjustments - Gain (Loss) 0 0 n/a 0 n/a 0 n/a 0 n/a -
Pre-tax Profit 34,234,089 42,824,125 - 43,792,489 - 30,797,327 - 24,960,753 - -
Canadian Programming Expenses ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Acquisition of rights 25,615,267 19,514,730 -23.82 20,069,157 2.84 25,397,018 26.55 26,485,950 4.29 0.8
Script & concept 704,524 801,677 13.79 174,775 -78.20 339,983 94.53 1,466,174 331.25 20.1
Filler Programming + Program Production 2,688,550 2,371,765 -11.78 2,097,821 -11.55 1,815,198 -13.47 1,820,661 0.30 -9.3
Investment in Programming 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Total Canadian Programming 29,008,341 22,688,172 -21.79 22,341,753 -1.53 27,552,199 23.32 29,772,785 8.06 0.7
Canadian Programming/Revenue (%) 40.11 30.72 - 29.16 - 38.20 - 41.88 - -
Staff
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Total Remuneration ($) 3,322,407 3,386,465 1.93 3,752,302 10.80 3,826,232 1.97 4,093,544 6.99 5.4
Total Staff Count 39 38 -2.56 41 7.89 41 0.00 42 2.44 -
Average Remuneration ($) 85,190 89,118 4.61 91,520 2.70 93,323 1.97 97,465 4.44 3.4
Subscribers
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
8,697,847 9,018,881 3.69 7,250,430 -19.61 7,127,618 -1.69 6,768,016 -5.05 -6.1
Profitability (%)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Margin 47.8 58.4 - 57.5 - 42.7 - 35.5 - -
P.B.I.T. Margin 47.3 58.0 - 57.1 - 42.6 - 35.5 - -
Pre-tax Margin 47.3 58.0 - 57.2 - 42.7 - 35.1 - -

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: