Telelatino

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

Table of Contents

Undertaking # Service Name Licensee Licensee Ultimate Owner Type Year
314600552 Telelatino Telelatino Network Inc. Corus Entertainment Inc.                                    Specialty (category A service) 2016
Revenue ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Residential/bulk/smatv subscriber revenue 7,333,854 5,642,077 -23.07 6,032,701 6.92 6,087,058 0.90 5,718,960 -6.05 -6.0
DTH subscriber revenue 2,372,295 2,456,230 3.54 2,793,374 13.73 2,660,138 -4.77 2,700,000 1.50 3.3
Local advertising revenue 2,711,358 2,734,488 0.85 2,548,189 -6.81 2,354,037 -7.62 2,039,788 -13.35 -6.9
National advertising revenue 6,524,460 4,783,289 -26.69 4,922,732 2.92 3,697,965 -24.88 3,165,901 -14.39 -16.5
Other revenue 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Total Revenue 18,941,967 15,616,084 -17.56 16,296,996 4.36 14,799,198 -9.19 13,624,649 -7.94 -7.9
Expenses ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Programming and Production 6,833,571 5,168,501 -24.37 5,694,300 10.17 5,621,497 -1.28 6,344,250 12.86 -1.8
Technical 323,001 277,303 -14.15 166,490 -39.96 170,230 2.25 255,437 50.05 -5.7
Sales and Promotion 1,716,469 1,593,134 -7.19 1,497,133 -6.03 1,406,611 -6.05 1,350,318 -4.00 -5.8
Administration and General 1,416,786 1,214,054 -14.31 1,137,514 -6.30 1,383,352 21.61 1,507,400 8.97 1.6
Total Expenses 10,289,827 8,252,992 -19.79 8,495,437 2.94 8,581,690 1.02 9,457,405 10.20 -2.1
Performance ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Income 8,652,140 7,363,092 - 7,801,559 - 6,217,508 - 4,167,244 - -
Depreciation 322,508 361,262 12.02 472,331 30.74 247,871 -47.52 205,262 -17.19 -10.7
P.B.I.T. 8,329,632 7,001,830 - 7,329,228 - 5,969,637 - 3,961,982 - -
Interest Expense 15,844 29,435 85.78 4,299 -85.39 8,054 87.35 6,248 -22.42 -
Adjustments - Gain (Loss) 4,432,660 3,407,210 -23.13 3,790,660 11.25 1,797,809 -52.57 2,913,666 62.07 -
Pre-tax Profit 12,746,448 10,379,605 - 11,115,589 - 7,759,392 - 6,869,400 - -
Canadian Programming Expenses ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Acquisition of rights 58,295 83,597 43.40 133,076 59.19 259,740 95.18 329,464 26.84 54.2
Script & concept 250,000 250,000 0.00 250,000 0.00 250,000 0.00 250,000 0.00 0.0
Filler Programming + Program Production 3,732,847 3,645,231 -2.35 2,766,486 -24.11 3,051,044 10.29 3,646,836 19.53 -0.6
Investment in Programming 0 0 n/a 718,772 n/a 0 -100.00 0 n/a n/a
Total Canadian Programming 4,041,142 3,978,828 -1.54 3,868,334 -2.78 3,560,784 -7.95 4,226,300 18.69 1.1
Canadian Programming/Revenue (%) 21.33 25.48 - 23.74 - 24.06 - 31.02 - -
Staff
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Total Remuneration ($) 3,854,438 3,687,520 -4.33 3,117,780 -15.45 3,644,065 16.88 3,498,283 -4.00 -2.4
Total Staff Count 60 55 -8.33 55 0.00 55 0.00 55 0.00 -
Average Remuneration ($) 64,241 67,046 4.37 56,687 -15.45 66,256 16.88 63,605 -4.00 -0.3
Subscribers
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
4,924,380 4,329,579 -12.08 4,327,035 -0.06 4,157,979 -3.91 3,851,757 -7.36 -6.0
Profitability (%)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Margin 45.7 47.2 - 47.9 - 42.0 - 30.6 - -
P.B.I.T. Margin 44.0 44.8 - 45.0 - 40.3 - 29.1 - -
Pre-tax Margin 67.3 66.5 - 68.2 - 52.4 - 50.4 - -

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: