ABS-CBN Corporation Sgt. Esguerra Avenue, Quezon City, Philippines - - PDF document

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ABS-CBN Corporation Sgt. Esguerra Avenue, Quezon City, Philippines - - PDF document

Jan 12, 2023 145 likes •367 views

ABS-CBN Corporation Sgt. Esguerra Avenue, Quezon City, Philippines 12 May 2016 Philippine Dealing and Exchange Corporation 37 th Floor, Tower 1, The Enterprise Center 6766 Ayala Avenue corner Paseo de Roxas Makati City Attention: Ms. Vina

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ABS-CBN Corporation

  • Sgt. Esguerra Avenue, Quezon City, Philippines

12 May 2016 Philippine Dealing and Exchange Corporation 37th Floor, Tower 1, The Enterprise Center 6766 Ayala Avenue corner Paseo de Roxas Makati City Attention:

  • Ms. Vina Vanesssa S. Salonga

Head – Issuer Compliance and Disclosure Department Subject: ABS-CBN 1Q 2016 Investor’s Briefing Presentation Materials

  • Dear Ms. Salonga,

We are submitting ABS-CBN Corporation’s 1Q 2016 Investor’s Briefing presentation materials. Thank you.

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SLIDE 2

Q1 2016 Investors’ Briefing

Financial and Operating Results May 12, 2016

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SLIDE 3

4,071 4,213

4,255 5,582

  • 2,000

4,000 6,000 8,000 10,000 12,000

1Q'15 1Q'16

Ad Revenues Consumer Sales

ABS-CBN Investor Presentation 2

Revenues 18%

In PHP Millions 51% 49% 57% 43%

8,326 9,795

3% 31%

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SLIDE 4

2,334 2,845 2,574 2,833 2,648 2,961

  • 1,000

2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 1Q'15 1Q'16

Costs and Expenses

ABS-CBN Investor Presentation 5

In PHP Millions

7,556 8,639

22% 10% 14% 12%

Production Costs Cost of Sales & Services GAEX

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SLIDE 5

1,823 2,163

  • 500

1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 5,000 1Q'15 1Q'16

569 761

  • 1,000

2,000 3,000 4,000 5,000 1Q'15 1Q'16

Financial Summary

ABS-CBN Investor Presentation 9

Net Revenues

In PHP Millions

EBITDA Net Income

18% 19% 34% 8,326 9,795

  • 2,000

4,000 6,000 8,000 10,000 12,000 1Q'15 1Q'16

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SLIDE 6

668 839

  • 100

200 300 400 500 600 700 800 900 1Q'15 1Q'16

Financial Summary

ABS-CBN Investor Presentation 10 In PHP Millions

26%

Net Income Attributable to Parent

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SLIDE 7

1Q'16 1Q'15 % Ch 1Q'16 1Q'15 % Ch 1Q'16 1Q'15 % Ch

  • A. TV and Studio

7,219 5,924 22% 1,932 1,658 17% 1,072 901 19% Margins 27% 28% 15% 15%

  • B. Pay TV Networks

2,069 1,960 6% 458 411 11% 23 19 21% Margins 22% 21% 1% 1%

  • C. New Business

507 442 15%

  • 227
  • 246

8%

  • 334
  • 351

5% TOTAL 9,795 8,326 18% 2,163 1,823 19% 761 569 34% Margins (net of DTT Sales) 23% 23% 8% 7% In Php Millions Revenues EBITDA Net Income

Business Segments

ABS-CBN Investor Presentation 11 * Numbers presented are net of ABS-CBNmobile TVCs.

TV and Studio’s remain strong with increase in net income of 19%

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SLIDE 8

4,069 5,281 1Q'15 1Q'16

Net Revenues

2,702 3,019

1Q'15 1Q'16

Production Costs

TV and Studio – Free-to-Air

ABS-CBN Investor Presentation 12

In PHP Millions

30% *Net of ABS-CBNmobile TVCs

1Q 2016 Programs

12%

Two programs added which helped boost revenues

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SLIDE 9

Audience Share

ABS-CBN Investor Presentation 14 Source: Kantar Media TV Measurement

Total PH Mega Manila Metro Manila

ABS-CBN 2 44 31 35

GMA 7 35 42 36 TV 5 7 7 6

Audience Share

TOTAL DAY

Total PH Mega Manila Metro Manila

ABS-CBN 2 and Sports + Action 49 35 40

GMA 7 32 42 36 TV 5 6 7 6 TOTAL PRIMETIME

Audience Share

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SLIDE 10

Top Programs

ABS-CBN Investor Presentation 16

Rank Channel Program Ratings

1 ABS-CBN FPJ'S ANG PROBINSYANO 41.2

Weekday

2 ABS-CBN PILIPINAS GOT TALENT SUNDAY 35.1

Weekend

3 ABS-CBN PILIPINAS GOT TALENT SATURDAY 34.9

Weekend

4 ABS-CBN DOLCE AMORE 34.5

Weekday

5 ABS-CBN MMK ANG TAHANAN MO 32.9

Weekend

6 ABS-CBN WANSAPANATYM 29.5

Weekend

7 ABS-CBN TV PATROL WEEKDAY 28.3

Weekday

8 ABS-CBN HOME SWEETIE HOME 24.3

Weekend

9 ABS-CBN RATED K HANDA NA BA KAYO? 23.7

Weekend

10 GMA PEPITO MANALOTO ANG TUNAY NA KUWENTO 21.4

Weekend

Source: Kantar Media TV Measurement, March 2016

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SLIDE 11

1,106 1,359

1Q'15 1Q'16

Cost of Sales and Services

TV and Studio – Global

ABS-CBN Investor Presentation 17

Global Viewership

In PHP Millions 17% 23%

1,311 1,529 1Q'15 1Q'16

Net Revenues 2,786 2,844 3,085 3,097 2013 2014 2015 YTD 2016

ABS-CBN and TFC kicked off the first quarter of 2016 with major events TFC @ the Movies brought two highly rated Filipino Films to North America, Europe and Middle East

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SLIDE 12

187 210

1Q'15 1Q'16

Costs of Sales and Services

462 380 1Q'15 1Q'16

Net Revenues ABS-CBN Investor Presentation 18

TV and Studio - Films and Music

In PHP Millions

1Q’15 Box Office Receipts 1Q’16 Box Office Receipts Praybeyt Benjamin 2 455 Beauty and the Bestie 529 Feng Shui 244 All You Need is Pag-ibig 37 Halik sa Hangin 28 Everything About Her 151 Crazy Beautiful You 271 Always be my Maybe 105 Hele sa Hiwagang Hapis 4

17% 12%

Beauty and the Bestie is now the highest grossing film of all time in the Philippines

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SLIDE 13

1,909 2,005

1Q'15 1Q'16

Costs and Expenses

1,960 2,069 1Q'15 1Q'16

Net Revenues

Pay TV Networks - SkyCable

ABS-CBN Investor Presentation 19

In PHP Millions 5%

SKY broadband revenues grew 44% in 2016. Broadband Subscribers

6%

143 154

  • 50

100 150 200 2015 1Q'16 Thousands

Direct-to-home license released last December 2015

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SLIDE 14
  • More than 1.2 milion boxes sold

to date.

  • Bacolod transmitter operational in

March 2016

Digital Terrestrial TV (DTT)

ABS-CBN Investor Presentation 20

COVERAGE AREA Benguet Pangasinan Tarlac Nueva Ecija Pampanga Bulacan Metro Manila (3) Rizal Cavite Laguna Metro Cebu Bacolod

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SLIDE 15

ABS-CBN Investor Presentation 21

1Q’16 Visitor Attendance

Recently launched: Art and Design Academy Kids can now see the world they run in a whole, new colorful light with the opening of the National Art and Design Academy. In partnership with National Bookstore and Dong-A, the play city now has maestros creating masterpieces and expressing themselves artistically.

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ABS-CBN Investor Presentation 22 In Thousands

ABS-CBN Mobile Exclusive Content and iWant TV Videos on Demand

96 98 100 94 95 96 97 98 99 100 101 500 550 600 January February March EOP ARPU

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SLIDE 17

ABS-CBN Investor Presentation 23 Kitchen-Art Wide Grill Elishacoy Magic Lipstick Lifestyle Stone Cookware Set Elizabeth London Premium Towel ILO Ceramic Pot

10 20 30 40 50 60 70 80 Jan Feb Mar 2016 2015

In Millions Php Monthly Revenue

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SLIDE 18

Capital Expenditures

ABS-CBN Investor Presentation 25

265 326 558 915 3,043 3,672

500 1000 1500 2000 2500 3000 3500 4000 4500

Program Rights Pay TV Digital Initiatives, Maintenance and Others 1Q'16 Remaining Balance

Spent Php 1.1B out of the Php 8.8 budget for 2016

In Millions Php

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SLIDE 19

Balance Sheet Highlights

ABS-CBN Investor Presentation 26

Ratios 2015 2016 Current 1.88 1.79 Debt-to-Equity 0.7 0.7 Net Debt-to-Equity 0.3 0.3

In PHP Millions

70,424 71,818

10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 2015 1Q'16

Total Assets

20,530 20,538

5,000 10,000 15,000 20,000 25,000 30,000 2015 1Q'16

Total Borrowings

28,715 28,971

5,000 10,000 15,000 20,000 25,000 30,000 2015 1Q'16

Equity

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SLIDE 20

Except for historical and operating data and other information of historical matters, the statements contained herein are “forward-looking statements”. The words “believe”, “intend”, “plan”, “anticipate”, “continue”, “estimate”, “expect”, “may”, “will” or other similar words are frequently used to indicate these forward looking statements. Any such forward-looking statement is not a guarantee of future performance and involves a number of known and unknown risks, uncertainties and other factors that could cause the actual performance, financial condition or results of operation of ABS-CBN to be materially different from any future performance, financial condition or results of operation implied by such forward-looking statement.

ABS-CBN Investor Presentation 27

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THE END

ABS-CBN Investor Presentation 28