Cable & IPTV - Basic and Non Basic Services - Atlantic

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 354,226 380,466 7.41 403,616 6.08 441,778 9.46 480,214 8.70 7.9
Connection 1,325 1,233 -6.93 1,296 5.05 1,566 20.90 2,620 67.29 18.6
Community Channel Sponsorship & Facilities Rental 155 172 10.64 119 -31.09 115 -3.17 131 14.46 -4.1
Other Revenue 57,809 64,460 11.50 59,160 -8.22 40,165 -32.11 20,858 -48.07 -22.5
Total Revenue 413,515 446,332 7.94 464,190 4.00 483,625 4.19 503,824 4.18 5.1

Expenses ($)
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Community Programming 6,646 7,929 19.31 9,639 21.57 10,999 14.11 11,545 4.96 14.8
Affiliation Payments 143,524 159,336 11.02 167,002 4.81 180,856 8.30 208,736 15.42 9.8
Technical 52,106 48,946 -6.06 42,946 -12.26 41,186 -4.10 59,954 45.57 3.6
Sales and Promotion 17,290 24,542 41.95 24,705 0.66 29,298 18.59 28,105 -4.07 12.9
Administration and General 45,045 43,273 -3.94 41,405 -4.32 58,202 40.57 62,883 8.04 8.7
Total Expenses 264,612 284,026 7.34 285,697 0.59 320,542 12.20 371,224 15.81 8.8
Operating Income 148,904 162,305 178,493 163,083 132,601
Local Programming Improvement Fund 3,052 3,417 2,431 1,276

Staff
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Total Remuneration ($) 100,519 122,585 21.95 128,027 4.44 123,835 -3.27 132,272 6.81 7.1
Total Staff Count (FTE) 1,646.0 1,935.2 17.57 1,922.0 -0.68 1,765.4 -8.15 1,808.0 2.42
Avg Remuneration ($) 61,069 63,346 3.73 66,611 5.16 70,148 5.31 73,159 4.29 4.6
Avg Remuneration excl. Benefits ($) 53,352 55,112 3.30 57,143 3.68 60,288 5.51 62,375 3.46 4.0

Subscribers
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Direct Subscribers 574,316 559,026 -2.66 609,737 9.07 592,575 -2.81 597,235 0.79 1.0
Indirect Subscribers 15,125 14,868 -1.70 11,041 -25.74 10,742 -2.71 10,987 2.28 -7.7
Total Subscribers 589,441 573,894 -2.64 620,778 8.17 603,317 -2.81 608,222 0.81 0.8

Profitability (%)
2011 2012 Var % 2013 Var % 2014 Var % 2015 Var % CAGR (%)
Operating Margin 36.0 36.4 38.5 33.7 26.3

CAGR = Compound Annual Growth Rate

FTE = Full-Time Equivalents

Var = Variation

Date modified: