Pay Services - Total

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

Table of Contents

Reporting Units
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Reporting Units 16 10 - 10 - 8 - 8 - -
Revenue ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Residential/bulk/SMATV subscriber revenue 278,112,391 279,476,521 0.49 265,301,076 -5.07 250,303,378 -5.65 248,471,997 -0.73 -2.8
DTH subscriber revenue 166,874,137 160,169,029 -4.02 160,286,655 0.07 160,794,563 0.32 146,857,985 -8.67 -3.1
Local advertising revenue 638,596 16,008 -97.49 13,433 -16.09 0 n/a 0 n/a n/a
National advertising revenue 343,861 0 n/a 0 n/a 0 n/a 0 n/a n/a
Other revenue 11,828,687 5,123,651 -56.68 9,749,297 90.28 12,006,763 23.16 8,865,958 -26.16 -7.0
Total Revenue 457,797,672 444,785,209 -2.84 435,350,461 -2.12 423,104,704 -2.81 404,195,940 -4.47 -3.1
Expenses ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Programming and Production 278,162,130 264,834,206 -4.79 261,035,120 -1.43 291,577,666 11.70 336,039,772 15.25 4.8
Technical 11,474,622 10,550,799 -8.05 10,094,620 -4.32 11,521,745 14.14 13,240,756 14.92 3.6
Sales and Promotion 28,412,850 27,013,574 -4.92 23,837,652 -11.76 27,238,444 14.27 14,858,037 -45.45 -15.0
Administration and General 33,944,123 38,436,015 13.23 22,395,627 -41.73 18,927,887 -15.48 15,855,320 -16.23 -17.3
Total Expenses 351,993,725 340,834,594 -3.17 317,363,019 -6.89 349,265,742 10.05 379,993,885 8.80 1.9
Performance ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Income 105,803,947 103,950,615 - 117,987,442 - 73,838,962 - 24,202,055 - -
Depreciation 4,085,209 4,653,123 13.90 7,320,942 57.33 10,371,780 41.67 8,165,255 -21.27 18.9
P.B.I.T. 101,718,738 99,297,492 - 110,666,500 - 63,467,182 - 16,036,800 - -
Interest Expense 10,531,198 9,614,997 - 3,308,795 - 5,267,694 - -1,072,807 - -
Adjustments - Gain (Loss) 36,931,297 31,173,053 - 28,428,509 - 11,274,638 - 276,535,179 - -
Pre-tax Profit 128,118,837 120,855,548 - 135,786,214 - 69,474,126 - 293,644,786 - -
Canadian Programming Expenses ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Acquisition of rights 53,270,831 54,575,228 2.45 58,658,707 7.48 67,824,683 15.63 74,950,329 10.51 8.9
Script & concept 3,664,378 3,915,383 6.85 3,475,574 -11.23 3,347,129 -3.70 2,633,477 -21.32 -7.9
Filler Programming + Program Production 14,635,132 10,516,302 -28.14 7,466,932 -29.00 8,392,786 12.40 8,497,608 1.25 -12.7
Investment in Programming 9,665,098 5,201,858 -46.18 1,582,990 -69.57 12,400,187 683.34 13,378,222 7.89 8.5
Total Canadian Programming 81,235,439 74,208,771 -8.65 71,184,203 -4.08 91,964,785 29.19 99,459,636 8.15 5.2
Canadian Programming/Revenue (%) 17.74 16.68 - 16.35 - 21.74 - 24.61 - -
Staff
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Total Remuneration ($) 31,756,217 28,348,060 -10.73 16,332,933 -42.38 13,407,608 -17.91 11,683,116 -12.86 -22.1
Total Staff Count 369 354 -3.93 238 -32.90 209 -12.11 169 -19.29 -
Avg Remuneration ($) 86,079 79,982 -7.08 68,681 -14.13 64,151 -6.59 69,258 7.96 -5.3
Avg Remuneration excl. Benefits ($)* n/a n/a n/a 61,674 n/a 57,583 -6.63 62,859 9.16 n/a
Profitability (%)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Margin 23.1 23.4 - 27.1 - 17.5 - 6.0 - -
P.B.I.T. Margin 22.2 22.3 - 25.4 - 15.0 - 4.0 - -
Pre-tax Margin 28.0 27.2 - 31.2 - 16.4 - 72.6 - -

CAGR = Compound Annual Growth Rate

DTH = Direct-to-Home

SMATV = Satellite Master Antenna Television

P.B.I.T. = Profit Before Interest and Tax

Var = Variation

*Fringe benefits data was not collected prior to the 2014 Broadcast Year.

Date modified: