YTV

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

Table of Contents

Undertaking # Service Name Licensee Licensee Ultimate Owner Type Year
314600842 YTV YTV Canada, Inc. Corus Entertainment Inc.                                    Specialty (category A service) 2016
Revenue ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Residential/bulk/smatv subscriber revenue 27,738,341 27,807,600 0.25 26,797,684 -3.63 26,074,530 -2.70 25,679,640 -1.51 -1.9
DTH subscriber revenue 9,308,234 9,319,336 0.12 9,428,189 1.17 9,555,545 1.35 9,457,209 -1.03 0.4
Local advertising revenue 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
National advertising revenue 53,688,288 52,143,910 -2.88 43,872,510 -15.86 37,799,089 -13.84 32,353,783 -14.41 -11.9
Other revenue 109,229 120,160 10.01 126,704 5.45 11,638 -90.81 0 -100.00 -100.0
Total Revenue 90,844,092 89,391,006 -1.60 80,225,087 -10.25 73,440,802 -8.46 67,490,632 -8.10 -7.2
Expenses ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Programming and Production 34,949,428 34,237,292 -2.04 35,074,827 2.45 32,883,525 -6.25 34,191,712 3.98 -0.6
Technical 2,167,207 1,670,148 -22.94 1,291,272 -22.69 834,950 -35.34 773,763 -7.33 -22.7
Sales and Promotion 7,870,211 7,014,754 -10.87 1,813,414 -74.15 1,567,864 -13.54 2,186,816 39.48 -27.4
Administration and General 10,769,742 9,095,480 -15.55 5,888,790 -35.26 3,138,449 -46.70 4,917,009 56.67 -17.8
Total Expenses 55,756,588 52,017,674 -6.71 44,068,303 -15.28 38,424,788 -12.81 42,069,300 9.48 -6.8
Performance ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Income 35,087,504 37,373,332 - 36,156,784 - 35,016,014 - 25,421,332 - -
Depreciation 2,763,043 4,126,520 49.35 3,574,931 -13.37 4,228,257 18.28 2,860,347 -32.35 0.9
P.B.I.T. 32,324,461 33,246,812 - 32,581,853 - 30,787,757 - 22,560,985 - -
Interest Expense 1,242,173 1,097,873 -11.62 1,017,145 -7.35 912,087 -10.33 8,682,504 851.94 -
Adjustments - Gain (Loss) 14,671,413 11,965,874 -18.44 73,213,175 511.85 -3,321,651 -104.54 4,921,441 -248.16 -
Pre-tax Profit 45,753,701 44,114,813 - 104,777,883 - 26,554,019 - 18,799,922 - -
Canadian Programming Expenses ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Acquisition of rights 23,781,537 23,188,198 -2.49 24,164,183 4.21 19,792,062 -18.09 19,239,826 -2.79 -5.2
Script & concept 424,917 494,338 16.34 842,901 70.51 1,158,440 37.43 772,195 -33.34 16.1
Filler Programming + Program Production 2,537,080 2,704,756 6.61 2,237,037 -17.29 2,512,319 12.31 2,079,068 -17.25 -4.9
Investment in Programming 412,022 253,012 -38.59 307,177 21.41 1,872,474 509.57 0 -100.00 -100.0
Total Canadian Programming 27,155,556 26,640,304 -1.90 27,551,298 3.42 25,335,295 -8.04 22,091,089 -12.81 -5.0
Canadian Programming/Revenue (%) 29.89 29.80 - 34.34 - 34.50 - 32.73 - -
Staff
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Total Remuneration ($) 7,323,528 4,488,603 -38.71 2,694,787 -39.96 1,464,149 -45.67 1,511,358 3.22 -32.6
Total Staff Count 115 101 -12.17 64 -36.63 74 15.63 60 -18.92 -
Average Remuneration ($) 63,683 44,442 -30.21 42,106 -5.26 19,786 -53.01 25,189 27.31 -20.7
Subscribers
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
11,315,638 11,230,697 -0.75 11,154,698 -0.68 11,118,204 -0.33 8,307,295 -25.28 -7.4
Profitability (%)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Margin 38.6 41.8 - 45.1 - 47.7 - 37.7 - -
P.B.I.T. Margin 35.6 37.2 - 40.6 - 41.9 - 33.4 - -
Pre-tax Margin 50.4 49.4 - 130.6 - 36.2 - 27.9 - -

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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