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Financial Summary (Private Television) - British Columbia and Territories

[ Table of Contents ]

Revenue

($) Fiscal Year	2007	2008	Var %	2009	Var %	2010	Var %	2011	Var %	CAGR (%)
Reporting Units	12	12		12		12		12
Local Time Sales	66,439,154	67,846,908	2.12	59,060,086	-12.95	54,320,580	-8.02	55,742,346	2.62	-4.3
National Time Sales	218,495,925	213,359,146	-2.35	193,763,018	-9.18	206,310,637	6.48	213,079,120	3.28	-0.6
Network Payments	703,364	709,566	0.88	434,609	-38.75	3,864	-99.11	0	-100.00	-100.0
Infomercials	3,492,165	2,615,373	-25.11	1,399,314	-46.50	1,689,721	20.75	1,983,514	17.39	-13.2
Syndication-Production	2,157,556	1,860,586	-13.76	2,566,362	37.93	1,680,935	-34.50	1,139,082	-32.24	-14.8
Local Prog. Improvement Fund (LPIF)						9,930,802		9,329,391	-6.06	-100.0
Government Grants & Parliamentary Appropriation						0		0	n/a	n/a
Other Revenue	10,040,826	11,110,554	10.65	19,412,237	74.72	13,161,771	-32.20	13,751,464	4.48
Total Revenue	301,328,990	297,502,133	-1.27	276,635,626	-7.01	287,098,310	3.78	295,024,917	2.76	-0.5

 

Expenses

($) Fiscal Year	2007	2008	Var %	2009	Var %	2010	Var %	2011	Var %	CAGR (%)
Reporting Units	12	12		12		12		12
Program and Production	198,270,920	211,512,533	6.68	226,805,548	7.23	215,208,288	-5.11	193,725,972	-9.98	-0.6
Technical	7,931,717	9,290,055	17.13	9,361,133	0.77	9,899,687	5.75	9,538,352	-3.65	4.7
Sales and Promotion	34,241,053	32,641,580	-4.67	31,591,640	-3.22	33,124,623	4.85	30,368,481	-8.32	-3.0
Administration and General	33,479,865	38,409,530	14.72	25,706,011	-33.07	26,562,880	3.33	30,643,139	15.36	-2.2
Total Expenses	273,923,555	291,853,698	6.55	293,464,332	0.55	284,795,478	-2.95	264,275,944	-7.21	-0.9

 

Performance

($) Fiscal Year	2007	2008	Var %	2009	Var %	2010	Var %	2011	Var %	CAGR (%)
Reporting Units	12	12		12		12		12
Operating Income	27,405,435	5,648,435		-16,828,706		2,302,832		30,748,973
Depreciation	10,930,629	9,838,766	-9.99	11,346,072	15.32	11,624,901	2.46	11,735,675	0.95	1.8
P.B.I.T.	16,474,806	-4,190,331		-28,174,778		-9,322,069		19,013,298
Interest Expense	7,560,994	4,392,255	-41.91	2,418,958	-44.93	2,871,258	18.70	422,299	-85.29
Adjustments Gain(Loss)	-16,624,374	-4,956,932	-70.18	-35,649,753	619.19	-15,537,727	-56.42	-44,132	-99.72
Pre-tax Profit	-7,710,562	-13,539,518		-66,243,489		-27,731,054		18,546,867

 

Program and Production (%)

($) Fiscal Year	2007	2008	Var %	2009	Var %	2010	Var %	2011	Var %	CAGR (%)
Reporting Units	12	12		12		12		12
Percentage of Total Expenses	72.4	72.5		77.3		75.6		73.3
Percentage of Total Revenue	65.8	71.1		82.0		75.0		65.7

 

Staff

($) Fiscal Year	2007	2008	Var %	2009	Var %	2010	Var %	2011	Var %	CAGR (%)
Reporting Units	12	12		12		12		12
Total Salaries	79,543,392	82,170,999	3.30	73,410,628	-10.66	75,555,569	2.92	80,084,256	5.99	0.2
Avg Staff Count	1,006.2	975.9	-3.01	903.5	-7.43	850.1	-5.90	855.8	0.67
Avg Salary ($)	79,054	84,198	6.51	81,256	-3.49	88,874	9.38	93,578	5.29	4.3
Salaries/Expense Total (%)	29.0	28.2		25.0		26.5		30.3

 

Profitability (%)

($) Fiscal Year	2007	2008	Var %	2009	Var %	2010	Var %	2011	Var %	CAGR (%)
Reporting Units	12	12		12		12		12
Operating Margin	9.1	1.9		-6.1		0.8		10.4
P.B.I.T. Margin	5.5	-1.4		-10.2		-3.2		6.4
Pre-tax Margin	-2.6	-4.6		-23.9		-9.7		6.3