Bragg Communications Incorporated, Halifax

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

Table of Contents

Undertaking # Service Name Licensee Licensee Ultimate Owner Type Year
535424840 Bragg Communications Incorporated, Halifax Bragg Communications Incorporated Tidnish Holdings Limited                                    Video-on-Demand 2016
Revenue ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Residential/bulk/smatv subscriber revenue 6,294,988 5,854,604 -7.00 5,213,860 -10.94 4,605,536 -11.67 4,462,502 -3.11 -8.2
DTH subscriber revenue 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Local advertising revenue 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
National advertising revenue 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Other revenue 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Total Revenue 6,294,988 5,854,604 -7.00 5,213,860 -10.94 4,605,536 -11.67 4,462,502 -3.11 -8.2
Expenses ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Programming and Production 4,557,985 4,145,491 -9.05 4,514,403 8.90 4,513,216 -0.03 5,849,951 29.62 6.4
Technical 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Sales and Promotion 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Administration and General 0 0 n/a 10,518 n/a 9,212 -12.42 7,301 -20.74 n/a
Total Expenses 4,557,985 4,145,491 -9.05 4,524,921 9.15 4,522,428 -0.06 5,857,252 29.52 6.5
Performance ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Income 1,737,003 1,709,113 - 688,939 - 83,108 - -1,394,750 - -
Depreciation 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
P.B.I.T. 1,737,003 1,709,113 - 688,939 - 83,108 - -1,394,750 - -
Interest Expense 0 0 n/a 0 n/a 0 n/a 0 n/a -
Adjustments - Gain (Loss) 0 0 n/a 0 n/a 0 n/a 0 n/a -
Pre-tax Profit 1,737,003 1,709,113 - 688,939 - 83,108 - -1,394,750 - -
Canadian Programming Expenses ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Acquisition of rights 4,557,985 4,145,491 -9.05 4,514,403 8.90 4,513,216 -0.03 5,849,951 29.62 6.4
Script & concept 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Filler Programming + Program Production 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Investment in Programming 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Total Canadian Programming 4,557,985 4,145,491 -9.05 4,514,403 8.90 4,513,216 -0.03 5,849,951 29.62 6.4
Canadian Programming/Revenue (%) 72.41 70.81 - 86.58 - 98.00 - 131.09 - -
Staff
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Total Remuneration ($) 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Total Staff Count 0 0 n/a 0 n/a 0 n/a 0 n/a -
Average Remuneration ($) n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a
Subscribers
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
- - - - - - - - - -
Profitability (%)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Margin 27.6 29.2 - 13.2 - 1.8 - -31.3 - -
P.B.I.T. Margin 27.6 29.2 - 13.2 - 1.8 - -31.3 - -
Pre-tax Margin 27.6 29.2 - 13.2 - 1.8 - -31.3 - -

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: