Cable, IPTV and MDS/DTH Basic and Non Basic Services - Canada

Cable, Internet Protocol Television (IPTV), Multipoint Distribution Systems (MDS) and Direct-to-Home (DTH) - Financial Summary 2011-2015

Table of Contents

Revenue ($)
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Subscription 8,005,385 8,061,784 0.70 8,288,838 2.82 8,051,551 -2.86 8,024,701 -0.33 0.1
Connection 29,789 30,107 1.07 22,467 -25.38 41,130 83.07 46,922 14.08 12.0
Community Channel Sponsorship & Facilities Rental 5,256 5,457 3.84 4,321 -20.82 3,780 -12.52 3,619 -4.26 -8.9
Other Revenue 418,631 463,430 10.70 478,289 3.21 833,530 74.27 842,913 1.13 19.1
Total Revenue 8,459,060 8,560,779 1.20 8,793,915 2.72 8,929,991 1.55 8,918,156 -0.13 1.3

Expenses ($)
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Community Programming 112,483 122,174 8.62 140,785 15.23 151,703 7.75 152,620 0.60 7.9
Affiliation Payments 2,888,066 3,007,235 4.13 3,103,720 3.21 3,304,773 6.48 3,424,532 3.62 4.4
Technical 1,469,629 1,504,720 2.39 1,560,914 3.73 1,608,594 3.05 1,523,876 -5.27 0.9
Sales and Promotion 602,513 587,380 -2.51 583,498 -0.66 637,955 9.33 606,045 -5.00 0.1
Administration and General 1,432,230 1,360,646 -5.00 1,323,614 -2.72 1,423,067 7.51 1,512,307 6.27 1.4
Total Expenses 6,504,920 6,582,155 1.19 6,712,531 1.98 7,126,091 6.16 7,219,380 1.31 2.6
Operating Income 1,954,141 1,978,624 2,081,384 1,803,900 1,698,776
Local Programming Improvement Fund 108,238 111,818 75,157 39,928

Staff
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Total Remuneration ($) 2,231,191 2,394,078 7.30 2,403,728 0.40 2,503,466 4.15 2,309,861 -7.73 0.9
Total Staff Count (FTE) 27,939.6 28,793.0 3.05 28,894.2 0.35 29,085.6 0.66 27,243.7 -6.33
Avg Remuneration ($) 79,858 83,148 4.12 83,191 0.05 86,072 3.46 84,785 -1.50 1.5
Avg Remuneration excl. Benefits ($) 66,513 70,034 5.29 71,601 2.24 73,592 2.78 72,312 -1.74 2.1

Subscribers
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Subscribers 11,396,984 11,528,860 1.16 11,517,350 -0.10 11,404,591 -0.98 11,246,669 -1.38 -0.3

Profitability (%)
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Operating Margin 23.1 23.1 23.7 20.2 19.0

CAGR = Compound Annual Growth Rate

FTE = Full-Time Equivalents

Var = Variation

Date modified: