Discretionary 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 204 206 - 206 - 204 - 285 - -
Revenue ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Residential/bulk/SMATV subscriber revenue 1,571,959,690 1,695,286,315 7.85 1,828,470,695 7.86 1,900,227,805 3.92 1,970,362,640 3.69 5.8
DTH subscriber revenue 678,411,877 679,569,126 0.17 719,793,227 5.92 716,416,955 -0.47 690,151,104 -3.67 0.4
Local advertising revenue 30,767,452 29,996,801 -2.50 30,543,951 1.82 33,401,814 9.36 34,822,141 4.25 3.1
National advertising revenue 1,233,233,547 1,266,581,582 2.70 1,223,470,604 -3.40 1,201,663,768 -1.78 1,312,471,705 9.22 1.6
Other revenue 73,554,532 65,375,475 -11.12 80,660,032 23.38 88,507,838 9.73 89,419,315 1.03 5.0
Total Revenue 3,587,927,098 3,736,809,299 4.15 3,882,938,509 3.91 3,940,218,180 1.48 4,097,226,905 3.98 3.4
Expenses ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Programming and Production 1,989,749,905 1,946,949,006 -2.15 2,157,298,118 10.80 2,286,798,552 6.00 2,483,864,070 8.62 5.7
Technical 126,889,212 123,686,812 -2.52 130,416,568 5.44 140,982,257 8.10 135,723,354 -3.73 1.7
Sales and Promotion 207,095,304 213,182,745 2.94 187,660,531 -11.97 198,631,628 5.85 190,344,817 -4.17 -2.1
Administration and General 272,950,713 307,733,008 12.74 304,116,912 -1.18 283,028,738 -6.93 267,700,427 -5.42 -0.5
Total Expenses 2,596,685,134 2,591,551,571 -0.20 2,779,492,129 7.25 2,909,441,175 4.68 3,077,632,668 5.78 4.3
Performance ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Income 991,241,964 1,145,257,728 - 1,103,446,380 - 1,030,777,005 - 1,019,594,237 - -
Depreciation 69,793,947 63,775,240 -8.62 70,292,885 10.22 76,850,889 9.33 76,795,113 -0.07 2.4
P.B.I.T. 921,448,017 1,081,482,488 - 1,033,153,495 - 953,926,116 - 942,799,124 - -
Interest Expense 81,928,319 80,380,420 - 72,620,683 - 124,936,629 - 152,217,863 - -
Adjustments - Gain (Loss) 41,220,546 41,154,221 - 87,294,115 - -19,110,687 - 223,624,061 - -
Pre-tax Profit 880,740,244 1,042,256,289 - 1,047,826,927 - 809,878,800 - 1,014,205,322 - -
Canadian Programming Expenses ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Acquisition of rights 713,618,701 669,668,536 -6.16 802,348,007 19.81 915,763,508 14.14 1,054,564,791 15.16 10.3
Script & concept 11,380,143 13,452,669 18.21 14,811,132 10.10 14,170,943 -4.32 13,997,459 -1.22 5.3
Filler Programming + Program Production 633,773,564 614,648,750 -3.02 650,479,492 5.83 636,149,410 -2.20 621,748,507 -2.26 -0.5
Investment in Programming 13,847,852 8,016,721 -42.11 7,559,773 -5.70 32,718,524 332.80 16,448,430 -49.73 4.4
Total Canadian Programming 1,372,620,260 1,305,786,676 -4.87 1,475,198,404 12.97 1,598,802,385 8.38 1,706,759,187 6.75 5.6
Canadian Programming/Revenue (%) 38.26 34.94 - 37.99 - 40.58 - 41.66 - -
Staff
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Total Remuneration ($) 467,381,248 453,919,919 -2.88 440,522,123 -2.95 431,022,458 -2.16 407,473,294 -5.46 -3.4
Total Staff Count 5,991 5,897 -1.58 5,985 1.50 5,671 -5.24 5,204 -8.24 -
Avg Remuneration ($) 78,013 76,980 -1.32 73,606 -4.38 76,005 3.26 78,303 3.02 0.1
Avg Remuneration excl. Benefits ($)* n/a n/a n/a 63,222 n/a 65,377 3.41 67,386 3.07 n/a
Profitability (%)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Margin 27.6 30.6 - 28.4 - 26.2 - 24.9 - -
P.B.I.T. Margin 25.7 28.9 - 26.6 - 24.2 - 23.0 - -
Pre-tax Margin 24.5 27.9 - 27.0 - 20.6 - 24.8 - -

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.

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