Slice

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

Table of Contents

Undertaking # Service Name Licensee Licensee Ultimate Owner Type Year
315413724 Slice Life Network Inc. Corus Entertainment Inc.                                    Specialty (category A service) 2016
Revenue ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Residential/bulk/smatv subscriber revenue 10,643,040 10,585,538 -0.54 10,929,814 3.25 11,159,571 2.10 11,546,226 3.46 2.1
DTH subscriber revenue 3,203,619 2,737,280 -14.56 2,131,438 -22.13 2,120,156 -0.53 2,467,942 16.40 -6.3
Local advertising revenue 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
National advertising revenue 27,287,161 29,369,674 7.63 30,327,863 3.26 25,605,325 -15.57 17,888,261 -30.14 -10.0
Other revenue 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Total Revenue 41,133,820 42,692,492 3.79 43,389,115 1.63 38,885,052 -10.38 31,902,429 -17.96 -6.2
Expenses ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Programming and Production 28,352,158 33,519,156 18.22 30,973,533 -7.59 20,926,839 -32.44 26,849,872 28.30 -1.4
Technical 729,463 719,634 -1.35 749,096 4.09 790,794 5.57 814,333 2.98 2.8
Sales and Promotion 1,543,844 1,291,413 -16.35 699,738 -45.82 400,037 -42.83 472,326 18.07 -25.6
Administration and General 1,901,212 2,026,957 6.61 2,406,996 18.75 2,296,741 -4.58 1,952,462 -14.99 0.7
Total Expenses 32,526,677 37,557,160 15.47 34,829,363 -7.26 24,414,411 -29.90 30,088,993 23.24 -1.9
Performance ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Income 8,607,143 5,135,332 - 8,559,752 - 14,470,641 - 1,813,436 - -
Depreciation 13,147 42,571 223.81 171,849 303.68 218,581 27.19 204,227 -6.57 98.5
P.B.I.T. 8,593,996 5,092,761 - 8,387,903 - 14,252,060 - 1,609,209 - -
Interest Expense 2,075,528 2,265,993 9.18 2,255,512 -0.46 1,634,765 -27.52 488,774 -70.10 -
Adjustments - Gain (Loss) 0 0 n/a 0 n/a 0 n/a 0 n/a -
Pre-tax Profit 6,518,468 2,826,768 - 6,132,391 - 12,617,295 - 1,120,435 - -
Canadian Programming Expenses ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Acquisition of rights 21,913,517 25,795,709 17.72 23,563,764 -8.65 12,754,960 -45.87 15,849,872 24.26 -7.8
Script & concept 215,832 199,675 -7.49 0 -100.00 358,054 n/a 241,750 -32.48 2.9
Filler Programming + Program Production 1,586,099 1,802,119 13.62 1,682,949 -6.61 1,360,898 -19.14 1,324,790 -2.65 -4.4
Investment in Programming 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Total Canadian Programming 23,715,448 27,797,503 17.21 25,246,713 -9.18 14,473,912 -42.67 17,416,412 20.33 -7.4
Canadian Programming/Revenue (%) 57.65 65.11 - 58.19 - 37.22 - 54.59 - -
Staff
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Total Remuneration ($) 2,256,654 2,265,931 0.41 2,499,038 10.29 2,153,712 -13.82 2,161,937 0.38 -1.1
Total Staff Count 26 25 -3.85 28 12.00 23 -17.86 22 -4.35 -
Average Remuneration ($) 86,794 90,637 4.43 89,251 -1.53 93,640 4.92 98,270 4.94 3.2
Subscribers
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
6,079,242 5,461,976 -10.15 5,230,139 -4.24 4,977,217 -4.84 4,737,617 -4.81 -6.0
Profitability (%)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Margin 20.9 12.0 - 19.7 - 37.2 - 5.7 - -
P.B.I.T. Margin 20.9 11.9 - 19.3 - 36.7 - 5.0 - -
Pre-tax Margin 15.8 6.6 - 14.1 - 32.4 - 3.5 - -

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

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