Radio AM / FM – Canadian Broadcasting Corporation – Prairies

Commercial Radio – Financial Summary 2010-2014

Table of Contents

Reporting Units ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Reporting Units 15 15   15   14   15    

Revenue ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Local Time Sales 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
National Time Sales 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Network Payments 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Syndication-Production 0 40 n/a 13,140 >999± 0 -100.00 0 n/a n/a
Parliamentary Appropriation 40,602,107 37,638,299 -7.30 35,813,673 -4.85 31,953,963 -10.78 30,862,833 -3.41 -6.6
Other 1,203,857 815,485 -32.26 725,447 -11.04 629,877 -13.17 611,747 -2.88 -65.0
Total Revenue 41,805,964 38,453,824 -8.02 36,552,260 -4.95 32,583,840 -10.86 31,474,580 -3.40 -6.9

Expenses ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Programming and Production 25,642,164 25,909,000 1.04 24,592,747 -5.08 22,320,799 -9.24 21,749,950 -2.56 -4.0
Technical 6,605,185 4,236,744 -35.86 3,411,581 -19.48 2,471,954 -27.54 2,590,190 4.78 -20.9
Sales and Promotion 1,335,099 799,756 -40.10 1,170,337 46.34 1,494,231 27.68 1,579,478 5.71 4.3
Administration and General Footnote * 5,247,842 4,838,313 -7.80 4,553,466 -5.89 3,993,721 -12.29 4,124,467 3.27 -5.8
Total Expenses 38,830,290 35,783,813 -7.85 33,728,131 -5.74 30,280,705 -10.22 30,044,085 -0.78 -6.2

Performance ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Operating Income 2,975,674 2,670,011   2,824,129   2,303,135   1,430,495    
Depreciation 3,862,800 3,370,007   3,859,023   2,800,296   2,684,090    
Interest Expense 1,057,922 602,794   535,046   536,634   500,896    
Adjustments - Gain (Loss) Footnote * 22,768 910,693   1,131,663   1,718,469   96,318    
Surplus (Deficit) -1,922,280 -392,097   -438,277   684,674   -1,658,173    

Programming and Production (%)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Program and Production Expense/Total Expenses 66.0 72.4   72.9   73.7   72.4    
Program and Production Expense/Total Revenue 61.3 67.4   67.3   68.5   69.1    

Staff ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Total Remuneration ($) 26,629,062 27,033,763 1.52 26,240,784 -2.93 23,392,333 -10.86 23,515,397 0.53 -3.1
Total Staff Count 330.2 304.1 -7.92 286.0 -5.96 250.4 -12.43 241.5 -3.55  
Avg Remuneration ($)  80,640 88,906 10.25 91,764 3.21 93,416 1.80 97,360 4.22 4.8
Remuneration/Total Expenses (%)  68.6 75.5   77.8   77.3   78.3    

Profitability (%)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Operating Margin 7.1 6.9   7.7   7.1   4.5    
Surplus (Deficit) Margin -4.6 -1.0   -1.2   2.1   -5.3    

Footnote

>Footnote *

the non-cash pension adjustment, for years 2010 to 2013, has been reclassified to conform to the 2014 presentation.

Return to footnote *

Date modified: