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 2,532,030 2,492,425 -1.56 2,472,190 -0.81 2,193,261 -11.28 2,093,786 -4.54 -4.6
Connection 0 1 n/a 0 -100.00 16,259 n/a 17,289 6.33
Other Revenue 20 2 -92.25 6 306.53 204,305 n/a 177,459 -13.14 868.7
Total Revenue 2,532,051 2,492,427 -1.56 2,472,196 -0.81 2,413,826 -2.36 2,288,534 -5.19 -2.5

Expenses ($)
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Community Programming 0 12 n/a 20 56.92 0 -100.00 0 n/a
Affiliation Payments 816,177 812,191 -0.49 794,029 -2.24 809,412 1.94 786,185 -2.87 -0.9
Technical 411,029 403,473 -1.84 383,546 -4.94 379,603 -1.03 324,854 -14.42 -5.7
Sales and Promotion 242,190 182,485 -24.65 143,953 -21.12 139,495 -3.10 114,086 -18.21 -17.2
Administration and General 444,892 344,940 -22.47 324,371 -5.96 312,576 -3.64 430,053 37.58 -0.8
Total Expenses 1,914,288 1,743,102 -8.94 1,645,918 -5.58 1,641,085 -0.29 1,655,178 0.86 -3.6
Operating Income 617,763 749,326 826,278 772,741 633,356
Local Programming Improvement Fund 37,445 37,973 24,923 12,360

Staff
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Total Remuneration ($) 222,112 188,871 -14.97 183,103 -3.05 161,766 -11.65 113,352 -29.93 -15.5
Total Staff Count (FTE) 2,478.0 2,098.0 -15.33 1,973.0 -5.96 1,840.0 -6.74 1,596.0 -13.26
Avg Remuneration ($) 89,633 90,024 0.44 92,804 3.09 87,917 -5.27 71,022 -19.22 -5.7
Avg Remuneration excl. Benefits ($) 80,786 80,669 -0.15 82,525 2.30 75,539 -8.46 60,712 -19.63 -6.9

Subscribers
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Subscribers 2,877,423 2,825,677 -1.80 2,691,204 -4.76 2,558,958 -4.91 2,375,208 -7.18 -4.7

Profitability (%)
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Operating Margin 24.4 30.1 33.4 32.0 27.7

CAGR = Compound Annual Growth Rate

FTE = Full-Time Equivalents

Var = Variation

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