Institutional links

Commercial Radio
2007-2011 Financial Summaries

[Table of Contents]

Ottawa-Gatineau Market (FM)

Revenue ($)

Year	2007	2008	Var %	2009	Var %	2010	Var %	2011	Var %	CAGR (%)
Reporting Units	14	14		15		17		17
Local Time Sales	40,504,413	41,412,579	2.24	42,097,645	1.65	45,659,080	8.46	47,418,939	3.85	4.0
National Time Sales	19,752,844	21,441,762	8.55	18,436,735	-14.01	18,258,849	-0.96	19,375,271	6.11	-0.5
Network Payments	493,711	0	-100.00	0	n/a	0	n/a	0	n/a	-100.0
Syndication-Production	135,877	51,943	-61.77	81,432	56.77	108,755	33.55	91,695	-15.69	-9.4
Government Grants						0		0	n/a	n/a
Other	1,099,497	1,364,855	24.13	1,869,394	36.97	802,406	-57.08	950,316	18.43
Total Revenue	61,986,342	64,271,139	3.69	62,485,206	-2.78	64,829,090	3.75	67,836,221	4.64	2.3

 

Expenses ($)

Year	2007	2008	Var %	2009	Var %	2010	Var %	2011	Var %	CAGR (%)
Reporting Units	14	14		15		17		17
Program and Production	15,377,737	16,049,180	4.37	15,947,596	-0.63	17,411,336	9.18	18,602,438	6.84	4.9
Technical	1,324,693	1,456,117	9.92	1,667,226	14.50	1,987,116	19.19	2,179,908	9.70	13.3
Sales and Promotion	15,117,591	14,610,844	-3.35	14,845,443	1.61	16,113,795	8.54	17,306,495	7.40	3.4
Administration and General	11,753,448	11,820,834	0.57	11,180,328	-5.42	10,891,289	-2.59	12,949,042	18.89	2.5
Total Expenses	43,573,469	43,936,975	0.83	43,640,593	-0.67	46,403,536	6.33	51,037,883	9.99	4.0
Operating Income	18,412,873	20,334,164		18,844,613		18,425,554		16,798,338
Depreciation	1,475,304	1,661,398	12.61	1,715,837	3.28	1,574,052	-8.26	1,770,258	12.47	4.7
P.B.I.T.	16,937,569	18,672,766		17,128,776		16,851,502		15,028,080
Interest Expense	1,214,598	644,785	-46.91	1,156,431	79.35	779,570	-32.59	639,167	-18.01
Adjustments - Gain (Loss)	-92,007	3,111,682	>999±	5,764,538	85.25	7,710,083	33.75	-5,846,934	-175.83
Pre-tax Profit	15,630,964	21,139,663		21,736,883		23,782,015		8,541,979

 

Program and Production (%)

Year	2007	2008	Var %	2009	Var %	2010	Var %	2011	Var %	CAGR (%)
Reporting Units	14	14		15		17		17
Program and Production/Expense Total	35.3	36.5		36.5		37.5		36.4
Program and Production/Revenue Total	24.8	25.0		25.5		26.9		27.4

 

Staff ($)

Year	2007	2008	Var %	2009	Var %	2010	Var %	2011	Var %	CAGR (%)
Reporting Units	14	14		15		17		17
Total Salaries	20,543,385	21,294,520	3.66	23,192,803	8.91	25,871,115	11.55	28,511,068	10.20	8.5
Average Staff Count	313.7	333.1	6.20	327.5	-1.68	336.8	2.85	355.3	5.47
Average Salary ($)	65,498	63,928	-2.40	70,816	10.77	76,808	8.46	80,252	4.48	5.2
Salaries/Expense Total (%)	47.1	48.5		53.1		55.8		55.9

 

Profitability (%)

Year	2007	2008	Var %	2009	Var %	2010	Var %	2011	Var %	CAGR (%)
Reporting Units	14	14		15		17		17
Operating Margin	29.7	31.6		30.2		28.4		24.8
P.B.I.T. Margin	27.3	29.1		27.4		26.0		22.2
Pre-tax Margin	25.2	32.9		34.8		36.7		12.6