Radio FM - Canada - Ethnic

Radio - Financial Summary 2012-2016

Table of Contents

Reporting Units
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Reporting Units 12 13 - 12 - 11 - 12 - -

Revenue ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Local Time Sales 18,351,292 19,146,196 4.33 19,760,347 3.21 20,055,010 1.49 20,036,883 -0.09 2.2
National Time Sales 1,001,975 816,220 -18.54 909,229 11.40 922,714 1.48 1,012,334 9.71 0.3
Syndication-Production 31,010 19,564 -36.91 22,485 14.93 19,161 -14.78 19,513 1.84 -10.9
Government/Corporate Grants 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Other Revenue 826,338 1,091,810 32.13 649,148 -40.54 793,059 22.17 442,110 -44.25 -14.5
Total Revenue 20,210,615 21,073,790 4.27 21,341,209 1.27 21,789,944 2.10 21,510,840 -1.28 1.6

Expenses ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Programming and Production 5,742,457 6,384,798 11.19 6,262,749 -1.91 6,622,575 5.75 6,931,424 4.66 4.8
Technical 926,068 1,039,322 12.23 1,155,531 11.18 1,202,187 4.04 1,185,352 -1.40 6.4
Sales and Promotion 3,547,611 4,085,717 15.17 3,567,201 -12.69 3,944,790 10.59 3,629,813 -7.98 0.6
Administration and General 6,143,744 6,817,946 10.97 7,034,861 3.18 6,723,982 -4.42 6,258,370 -6.92 0.5
Total Expenses 16,359,880 18,327,783 12.03 18,020,342 -1.68 18,493,534 2.63 18,004,959 -2.64 2.4

Performance ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Income 3,850,735 2,746,007 - 3,320,867 - 3,296,410 - 3,505,881 - -
Depreciation 439,271 341,959 -22.15 265,543 -22.35 201,841 -23.99 267,271 32.42 -11.7
P.B.I.T. 3,411,464 2,404,048   3,055,324   3,094,569   3,238,610    
Interest Expense 117,805 86,076 - 126,703 - 102,789 - 27,809 - -
Adjustments Gain(Loss) -533,311 100,109 - 749,578 - 64,124 - 707,628 - -
Pre-tax Profit 2,760,348 2,418,081   3,678,199   3,055,904   3,918,429    

Programming and Production (%)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Prog-Prod Expense / Expense Total 35.1 34.8 - 34.8 - 35.8 - 38.5 - -
Prog-Prod Expense / Revenue Total 28.4 30.3 - 29.3 - 30.4 - 32.2 - -

Staff
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Total Remuneration ($) 8,770,310 9,641,995 9.94 10,034,181 4.07 9,795,744 -2.38 9,912,055 1.19 3.1
Total Staff Count 324.0 352.3 8.73 354.0 0.49 276.2 -21.98 338.6 22.59 -
Avg Remuneration ($) 27,068 27,369 1.11 28,342 3.56 35,465 25.13 29,273 -17.46 2.0
Avg Remuneration excl. Benefits ($) 25,734 26,007 1.06 25,815 -0.74 32,785 27.00 26,809 -18.23 1.0

Profitability (%)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Margin 19.1 13.0 - 15.6 - 15.1 - 16.3 - -
P.B.I.T. Margin 16.9 11.4 - 14.3 - 14.2 - 15.1 - -
Pre-tax Margin 13.7 11.5 - 17.2 - 14.0 - 18.2 - -

CAGR = Compound Annual Growth Rate

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

Var = Variation

Date modified: