ICI ARTV

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

Table of Contents

Undertaking # Service Name Licensee Licensee Ultimate Owner Type Year
205423734 ICI ARTV Canadian Broadcasting Corporation Canadian Broadcasting Corporation                           Specialty (category A service) 2016
Revenue ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Residential/bulk/smatv subscriber revenue 10,738,642 10,482,694 -2.38 9,997,759 -4.63 8,930,635 -10.67 9,009,856 0.89 -4.3
DTH subscriber revenue 2,954,516 2,666,495 -9.75 2,436,499 -8.63 2,140,865 -12.13 1,913,982 -10.60 -10.3
Local advertising revenue 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
National advertising revenue 3,541,892 3,735,430 5.46 3,399,739 -8.99 2,529,998 -25.58 2,386,046 -5.69 -9.4
Other revenue 0 0 n/a 0 n/a 0 n/a 149,619 n/a n/a
Total Revenue 17,235,050 16,884,619 -2.03 15,833,997 -6.22 13,601,498 -14.10 13,459,503 -1.04 -6.0
Expenses ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Programming and Production 12,703,549 12,938,749 1.85 11,692,829 -9.63 10,392,825 -11.12 10,703,750 2.99 -4.2
Technical 1,256,179 1,215,998 -3.20 917,674 -24.53 932,197 1.58 714,800 -23.32 -13.2
Sales and Promotion 1,962,791 1,997,516 1.77 1,956,260 -2.07 2,262,495 15.65 1,807,702 -20.10 -2.0
Administration and General 882,248 897,947 1.78 1,056,301 17.64 988,226 -6.44 1,548,914 56.74 15.1
Total Expenses 16,804,767 17,050,210 1.46 15,623,064 -8.37 14,575,743 -6.70 14,775,166 1.37 -3.2
Performance ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Income 430,283 -165,591 - 210,933 - -974,245 - -1,315,663 - -
Depreciation 106,114 115,316 8.67 93,911 -18.56 90,206 -3.95 76,273 -15.45 -7.9
P.B.I.T. 324,169 -280,907 - 117,022 - -1,064,451 - -1,391,936 - -
Interest Expense 0 0 n/a 0 n/a 0 n/a 0 n/a -
Adjustments - Gain (Loss) 80,973 80,313 -0.82 89,801 11.81 406,374 352.53 -170,587 -141.98 -
Pre-tax Profit 405,142 -200,594 - 206,823 - -658,077 - -1,562,523 - -
Canadian Programming Expenses ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Acquisition of rights 6,678,148 6,827,757 2.24 6,126,320 -10.27 6,866,496 12.08 8,462,521 23.24 6.1
Script & concept 72,800 66,415 -8.77 72,070 8.51 33,292 -53.81 0 -100.00 -100.0
Filler Programming + Program Production 3,931,972 4,000,277 1.74 3,673,534 -8.17 2,121,522 -42.25 666,516 -68.58 -35.8
Investment in Programming 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Total Canadian Programming 10,682,920 10,894,449 1.98 9,871,924 -9.39 9,021,310 -8.62 9,129,037 1.19 -3.9
Canadian Programming/Revenue (%) 61.98 64.52 - 62.35 - 66.33 - 67.83 - -
Staff
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Total Remuneration ($) 3,052,423 3,158,458 3.47 3,143,263 -0.48 2,852,143 -9.26 2,673,541 -6.26 -3.3
Total Staff Count 42 42 0.00 40 -4.76 38.2 -4.50 35.29 -7.62 -
Average Remuneration ($) 72,677 75,201 3.47 78,582 4.49 74,663 -4.99 75,759 1.47 1.0
Subscribers
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
2,072,523 2,025,432 -2.27 2,026,315 0.04 1,792,141 -11.56 1,751,725 -2.26 -4.1
Profitability (%)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Margin 2.5 -1.0 - 1.3 - -7.2 - -9.8 - -
P.B.I.T. Margin 1.9 -1.7 - 0.7 - -7.8 - -10.3 - -
Pre-tax Margin 2.4 -1.2 - 1.3 - -4.8 - -11.6 - -

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

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