Showcase

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

Table of Contents

Undertaking # Service Name Licensee Licensee Ultimate Owner Type Year
315413732 Showcase Showcase Television Inc. Corus Entertainment Inc.                                    Specialty (category A service) 2016
Revenue ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Residential/bulk/smatv subscriber revenue 27,102,402 22,982,724 -15.20 23,752,222 3.35 23,401,033 -1.48 23,093,874 -1.31 -3.9
DTH subscriber revenue 9,135,948 8,754,033 -4.18 9,384,257 7.20 9,392,899 0.09 8,164,047 -13.08 -2.8
Local advertising revenue 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
National advertising revenue 37,918,213 41,178,577 8.60 42,553,141 3.34 40,133,270 -5.69 36,075,829 -10.11 -1.2
Other revenue 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Total Revenue 74,156,563 72,915,334 -1.67 75,689,620 3.80 72,927,202 -3.65 67,333,750 -7.67 -2.4
Expenses ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Programming and Production 21,864,102 30,443,160 39.24 26,901,051 -11.64 27,275,300 1.39 30,239,542 10.87 8.5
Technical 1,096,717 803,773 -26.71 640,967 -20.26 657,063 2.51 744,469 13.30 -9.2
Sales and Promotion 1,637,657 2,066,965 26.21 2,343,816 13.39 1,773,687 -24.32 1,808,324 1.95 2.5
Administration and General 2,575,415 2,697,361 4.74 2,481,409 -8.01 2,415,514 -2.66 2,112,479 -12.55 -4.8
Total Expenses 27,173,891 36,011,259 32.52 32,367,243 -10.12 32,121,564 -0.76 34,904,814 8.66 6.5
Performance ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Income 46,982,672 36,904,075 - 43,322,377 - 40,805,638 - 32,428,936 - -
Depreciation 3,654 97,114 >999± 100,030 3.00 90,677 -9.35 67,295 -25.79 107.2
P.B.I.T. 46,979,018 36,806,961 - 43,222,347 - 40,714,961 - 32,361,641 - -
Interest Expense 5,051,040 2,065,008 -59.12 -1,484,441 -171.89 28,938,403 >999± 27,281,708 -5.72 -
Adjustments - Gain (Loss) 0 0 n/a 0 n/a 0 n/a 0 n/a -
Pre-tax Profit 41,927,978 34,741,953 - 44,706,788 - 11,776,558 - 5,079,933 - -
Canadian Programming Expenses ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Acquisition of rights 11,162,478 14,677,481 31.49 12,254,609 -16.51 14,085,156 14.94 15,694,873 11.43 8.9
Script & concept 326,303 244,467 -25.08 0 -100.00 0 n/a 47,135 n/a -38.4
Filler Programming + Program Production 2,208,090 2,235,385 1.24 1,647,659 -26.29 1,511,604 -8.26 1,449,557 -4.10 -10.0
Investment in Programming 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Total Canadian Programming 13,696,871 17,157,333 25.26 13,902,268 -18.97 15,596,760 12.19 17,191,565 10.23 5.9
Canadian Programming/Revenue (%) 18.47 23.53 - 18.37 - 21.39 - 25.53 - -
Staff
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Total Remuneration ($) 2,916,416 2,912,691 -0.13 2,484,594 -14.70 2,139,428 -13.89 2,148,327 0.42 -7.4
Total Staff Count 34 33 -2.94 27 -18.18 23 -14.81 22 -4.35 -
Average Remuneration ($) 85,777 88,263 2.90 92,022 4.26 93,019 1.08 97,651 4.98 3.3
Subscribers
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
8,845,368 9,099,034 2.87 7,127,950 -21.66 6,490,491 -8.94 6,139,727 -5.40 -8.7
Profitability (%)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Margin 63.4 50.6 - 57.2 - 56.0 - 48.2 - -
P.B.I.T. Margin 63.4 50.5 - 57.1 - 55.8 - 48.1 - -
Pre-tax Margin 56.5 47.6 - 59.1 - 16.1 - 7.5 - -

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

Date modified: