Ztélé (formerly Canal Z)

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

Table of Contents

Undertaking # Service Name Licensee Licensee Ultimate Owner Type Year
205421572 Ztélé (formerly Canal Z) Bell Media Inc. BCE Inc.                                                    Specialty (category A service) 2016
Revenue ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Residential/bulk/smatv subscriber revenue 9,201,636 9,721,320 5.65 9,375,147 -3.56 9,115,006 -2.77 10,425,387 14.38 3.2
DTH subscriber revenue 2,978,488 3,434,550 15.31 3,591,347 4.57 3,500,237 -2.54 2,139,393 -38.88 -7.9
Local advertising revenue 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
National advertising revenue 11,428,770 13,728,909 20.13 13,015,555 -5.20 12,944,951 -0.54 12,783,519 -1.25 2.8
Other revenue 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Total Revenue 23,608,894 26,884,779 13.88 25,982,049 -3.36 25,560,194 -1.62 25,348,299 -0.83 1.8
Expenses ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Programming and Production 12,760,433 10,120,389 -20.69 11,519,769 13.83 13,432,605 16.60 15,758,904 17.32 5.4
Technical 869,104 941,995 8.39 474,276 -49.65 504,002 6.27 523,872 3.94 -11.9
Sales and Promotion 1,705,819 4,092,595 139.92 3,231,757 -21.03 2,628,949 -18.65 2,053,065 -21.91 4.7
Administration and General 1,946,429 2,169,216 11.45 1,806,238 -16.73 1,107,734 -38.67 704,504 -36.40 -22.4
Total Expenses 17,281,785 17,324,195 0.25 17,032,040 -1.69 17,673,290 3.76 19,040,345 7.74 2.5
Performance ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Income 6,327,109 9,560,584 - 8,950,009 - 7,886,904 - 6,307,954 - -
Depreciation 93,909 221,306 135.66 424,373 91.76 723,942 70.59 544,265 -24.82 55.2
P.B.I.T. 6,233,200 9,339,278 - 8,525,636 - 7,162,962 - 5,763,689 - -
Interest Expense 0 0 n/a 74,184 n/a 104,134 40.37 32,666 -68.63 -
Adjustments - Gain (Loss) 0 0 n/a 5,881 n/a -101,754 >999± -2,818,646 >999± -
Pre-tax Profit 6,233,200 9,339,278 - 8,457,333 - 6,957,074 - 2,912,377 - -
Canadian Programming Expenses ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Acquisition of rights 8,905,861 5,675,944 -36.27 5,787,339 1.96 7,946,592 37.31 9,597,484 20.77 1.9
Script & concept 0 0 n/a 0 n/a 0 n/a 25,000 n/a n/a
Filler Programming + Program Production 1,700,178 1,798,819 5.80 2,233,242 24.15 2,007,321 -10.12 1,843,634 -8.15 2.1
Investment in Programming 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Total Canadian Programming 10,606,039 7,474,763 -29.52 8,020,581 7.30 9,953,913 24.10 11,466,118 15.19 2.0
Canadian Programming/Revenue (%) 44.92 27.80 - 30.87 - 38.94 - 45.23 - -
Staff
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Total Remuneration ($) 3,082,446 2,961,651 -3.92 2,278,769 -23.06 2,876,833 26.25 1,550,664 -46.10 -15.8
Total Staff Count 27 27 0.00 25 -7.41 30 20.00 15 -50.00 -
Average Remuneration ($) 114,165 109,691 -3.92 91,151 -16.90 95,894 5.20 103,378 7.80 -2.5
Subscribers
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
2,039,560 2,024,663 -0.73 1,999,047 -1.27 1,880,214 -5.94 1,828,355 -2.76 -2.7
Profitability (%)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Margin 26.8 35.6 - 34.4 - 30.9 - 24.9 - -
P.B.I.T. Margin 26.4 34.7 - 32.8 - 28.0 - 22.7 - -
Pre-tax Margin 26.4 34.7 - 32.6 - 27.2 - 11.5 - -

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: