Radio AM / FM - Canadian Broadcasting Corporation

Radio - Financial Summary 2012-2016

Table of Contents

Reporting Units
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Reporting Units 78 81 - 82 - 69 - 67 - -

Revenue ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 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 1,073,924 n/a 1,365,871 27.19 1,057,139 -22.60 n/a
Syndication-Production 952,036 1,087,394 14.22 1,327,821 22.11 1,816,056 36.77 1,683,821 -7.28 15.3
Parliamentary Appropriation 316,507,720 295,523,461 -6.63 277,310,161 -6.16 266,879,917 -3.76 280,961,651 5.28 -2.9
Other Revenue 8,432,493 8,145,268 -3.41 7,923,639 -2.72 6,480,009 -18.22 6,991,353 7.89 -4.6
Total Revenue 325,892,249 304,756,123 -6.49 287,635,545 -5.62 276,541,853 -3.86 290,693,964 5.12 -2.8

Expenses ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Programming and Production 227,131,457 216,053,738 -4.88 206,489,628 -4.43 196,004,158 -5.08 203,579,066 3.86 -2.7
Technical 26,513,142 22,139,256 -16.50 21,673,273 -2.10 20,016,820 -7.64 20,935,371 4.59 -5.7
Sales and Promotion 11,100,043 11,320,254 1.98 11,631,088 2.75 11,382,162 -2.14 11,204,370 -1.56 0.2
Administration and General 36,699,324 33,810,993 -7.87 34,913,458 3.26 34,449,627 -1.33 27,428,596 -20.38 -7.0
Total Expenses 301,443,966 283,324,241 -6.01 274,707,447 -3.04 261,852,767 -4.68 263,147,403 0.49 -3.3

Performance ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Income 24,448,283 21,431,882 - 12,928,098 - 14,689,086 - 27,546,561 - -
Depreciation 33,561,983 25,733,416 -23.33 24,285,038 -5.63 22,510,447 -7.31 21,267,859 -5.52 -10.8
Surplus (Deficit) -9,113,700 -4,301,534   -11,356,940   -7,821,361   6,278,702    
Interest Expense 4,601,744 4,810,122 - 4,448,231 - 4,187,644 - 3,909,023 - -
Adjustments Gain(Loss) 9,842,121 15,443,797 - 906,060 - -3,781,625 - -9,829,179 - -
Pre-tax Profit -3,873,323 6,332,141   -14,899,111   -15,790,630   -7,459,500    

Programming and Production (%)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Prog-Prod Expense / Expense Total 75.3 76.3 - 75.2 - 74.9 - 77.4 - -
Prog-Prod Expense / Revenue Total 69.7 70.9 - 71.8 - 70.9 - 70.0 - -

Staff
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Total Remuneration ($) 223,100,286 213,514,749 -4.30 207,679,032 -2.73 195,709,360 -5.76 200,149,837 2.27 -2.7
Total Staff Count 2,304.9 2,178.2 -5.50 2,044.2 -6.15 1,898.1 -7.15 1,911.5 0.71 -
Avg Remuneration ($) 96,794 98,025 1.27 101,593 3.64 103,106 1.49 104,707 1.55 2.0
Remuneration/Expense Total (%) 74.0 75.4 - 75.6 - 74.7 - 76.1 3.58 -

Profitability (%)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Margin 7.5 7.0 - 4.5 - 5.3 - 9.5 - -
Pre-tax Margin -1.2 2.1 - -5.2 - -5.7 - -2.6 - -

CAGR = Compound Annual Growth Rate

Var = Variation

Date modified: