rd quarter 2015 investor’s briefing financial and … programs – variety / reality / game 13...

3rd Quarter 2015 Investor’s Briefing Financial and Operating Results

November 9, 2015

ABS-CBN Investor Presentation 1

11,118 12,528

13,939 15,298

0

5,000

10,000

15,000

20,000

25,000

30,000

9M'14 9M'15

Ad Revenues Consumer Sales


Revenues - Reported

25,057

27,826 11.1%

9.7%

12.7%

For the period ended September 30, 2015

55%

45%

56%

44%

In P

HP

Mill

ion

s

Costs and Expenses



Production costs down 1.3%

7,424 8,366

6,999 8,408

8,378

8,266

0

4,000

8,000

12,000

16,000

20,000

24,000

28,000

9M'14 9M'15

1.3% Production

Costs

Cost of Sales

& Services

GAEX 12.7%

20.1%

22,801

25,040 9.8%

In P

HP

Mill

ion

s

Financial Summary


1,540 1,894

0

1,000

2,000

3,000

4,000

9M'14 9M'15

5,301 6,151

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9M'14 9M'15

Net Revenues

In PHP Millions

25,057 27,826

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

9M'14 9M'15


EBITDA Net Income

11.1% 16.0%

22.9%

21.2% 22.1% 6.1% 6.8% Margins Margins

Business Segments - Reported


In Php Millions Revenues EBITDA Net Income

9M'15 9M'14 % Ch 9M'15 9M'14 % Ch 9M'15 9M'14 % Ch

A. TV and Studio 20,465 19,005 7.7% 5,751 4,790 20.1% 3,035 2,182 39.1%

Margins 28.1% 25.2% 14.8% 11.5%

B. Pay TV Networks 6,010 5,780 4.0% 1,236 1,367 -9.6% 22 186 -88.2%

Margins 20.6% 23.7% 0.4% 3.2%

C. New Businesses 1,351 272 396.7% -836 -856 2.3% -1,163 -828 -40.4%

TOTAL 27,826 25,057 11.1% 6,151 5,301 16.0% 1,894 1,540 23.0%

Margins 22.1% 21.2% 6.8% 6.1%

* Numbers presented are net of ABS-CBNmobile TVCs.


Our TV and Studio business has continued to strengthen…

TV and Studio – Free-to-Air


8,318 8,328

9M'14 9M'15

Direct Costs

In PHP Millions

13,100 14,341

9M'14 9M'15

Net Revenues

9.5%

* Net of ABS-CBNmobile TVCs

3Q 2015 Programs

Produced more programming hours with the same costs

versus last year.

Audience Share and Ratings – Total Philippines (Urban + Rural)


Total Day

Primetime

Ratings Total Day Primetime

3Q'14 3Q'15 3Q'14 3Q'15

ABS-CBN 2 12.4 16.0 19.1 23.5

GMA 7 10.1 11.9 13.2 12.9

TV 5 2.4 2.5 2.6 3.2

Source: Kantar Media TV Measurement, Jul to Sep 2015

ABS-CBN continues to be the clear leader in audience shares and ratings. More than half of the total Philippine

households tuned in to ABS-CBN during primetime.

Audience Share

GMA 7 33.8

TV 5 7.1 Others

14.0

ABS-CBN 2 45.4

GMA 7 28.4

TV 5 7.0

Others 13.2

ABS-CBN 2 51.9

Audience Share and Ratings – Mega Manila




3Q'14 3Q'15 3Q'14 3Q'15

ABS-CBN 2 10.3 12.7 15.7 19.4

GMA 7 14.5 16.5 19.8 18.4

TV 5 3.6 3.2 4.1 4.2

Total Day

Primetime

Audience Share

GMA 7 41.4

TV 5 8.1

Others 19.3

ABS-CBN 2 31.9

GMA 7 36.3

TV 5 8.3

Others 17.9

ABS-CBN 2 38.4

ABS-CBN’s primetime shows continue to lead and capture the

hearts of every Filipino.

Audience Share and Ratings – Metro Manila




3Q'14 3Q'15 3Q'14 3Q'15

ABS-CBN 2 11.7 13.7 18.3 21.4

GMA 7 12.6 13.5 17.7 15.3

TV 5 3.4 2.6 3.9 3.5

Total Day

Primetime

Audience Share

GMA 7 34.6

TV 5 6.7

Others 24.6

ABS-CBN 2 35.2

GMA 7 30.3

TV 5 6.9 Others

21.7

ABS-CBN 2 42.5

Strong primetime programs widened the

gap in ratings.

Top Programs – ALL GENRES


Rank Channel Program Share

1 ABS-CBN THE VOICE KIDS SUNDAY 43.8 Weekend

2 ABS-CBN THE VOICE KIDS SATURDAY 41.4 Weekend

3 ABS-CBN FPJ'S ANG PROBINSYANO 40.4 Weekday

4 ABS-CBN NATHANIEL 35.2 Weekday

5 ABS-CBN PANGAKO SA'YO 33.9 Weekday

6 ABS-CBN MMK ANG TAHANAN MO 33.6 Weekend

7 ABS-CBN WANSAPANATAYM 33.0 Weekend

8 ABS-CBN BOSES NG BULILIT MULING BIBIRIT

32.8 Weekend

9 ABS-CBN TV PATROL WEEKDAY 29.8 Weekday

10 ABS-CBN CELEBRITY PLAYTIME 28.7 Weekend

Source: Kantar Media TV Measurement, Total Philippines, Total Day, Jul to Sep 2015

Top Programs – WEEKDAY NARRATIVE



1 ABS-CBN FPJ'S ANG PROBINSYANO 40.4

2 ABS-CBN NATHANIEL 35.2

3 ABS-CBN PANGAKO SA'YO 33.9

4 ABS-CBN BRIDGES OF LOVE 24.3

5 ABS-CBN ON THE WINGS OF LOVE 22.4


Top Programs – WEEKEND NARRATIVE



1 ABS-CBN MMK ANG TAHANAN MO 33.6

2 ABS-CBN WANSAPANATAYM 33.0

3 GMA MAGPAKAILANMAN 20.6

4 ABS-CBN IPAGLABAN MO 17.0

5 GMA KARELASYON 14.9


Top Programs – VARIETY / REALITY / GAME



1 ABS-CBN THE VOICE KIDS SUNDAY 43.8

2 ABS-CBN THE VOICE KIDS SATURDAY 41.4

3 ABS-CBN CELEBRITY PLAYTIME 28.7

4 ABS-CBN YOUR FACE SOUNDS FAMILIAR SATURDAY

28.2

5 ABS-CBN YOUR FACE SOUNDS FAMILIAR SUNDAY

24.8


Top Programs – NEWS and CURRENT AFFAIRS



1 ABS-CBN TV PATROL WEEKDAY 29.8

2 ABS-CBN RATED K HANDA NA BA KAYO? 25.0

3 ABS-CBN MGA KWENTO NI MARC LOGAN 20.9

4 GMA KAPUSO MO, JESSICA SOHO 20.0

5 ABS-CBN SONA 2015 THE ABS-CBN 19.0


International Distribution


New territories opened: Kazakhstan & Thailand

“Bridges of Love” in Spanish for distribution in Latin America

Licensed 1,324 TV hours and 127 movies to Hooq

In talks with other potential OTT partners.

Recognized in the global arena as a reliable foreign content provider.

ABS-CBN International Distribution has been a premier source of high quality Filipino programming in over 50

territories all over the world and has sold over 30,000 hours of content worldwide.

UK, Ireland, Italy, Turkey, Jordan, Jordan, Russia, American Samoa, Indonesia, Thailand, Cambodia, Vietnam, Myanmar, Brunei, Malaysia, Colombia, Pan Africa, Uganda, Kenya, Kazakhstan, Romania, Ghana, Nigeria, Tanzania, Macedonia, Latin and Hispanic America, Guinea, Cote d'lvoire, Sierra Leone, Liberia, Cameroon, Seychelles, Malawi, Zambia, Botswana, Namibia, Mauritius, South Africa, French-speaking Africa, Singapore, Fiji Islands, Hong Kong, China, South Korea

Digital Statistics


Rank Property

1 ABS-CBN News

2 GMA

3 Inquirer

4 ABS-CBN.com

5 Lazada

6 Rappler

7 OLX

8 Philstar

9 Metro Deal

10 BPI Online

Rank Site

1 facebook.com

2 google.com

3 google.com.ph

4 youtube.com

5 yahoo.com

6 abs-cbnnews.com

7 gmanetwork.com

8 twitter.com

9 amazon.com

10 blogspot.com

Number 1 vs Philippine Websites Number 6 vs All Websites

Source: Alexa – as of September 2015; Basis of ranking - local page views and local reach

Source: Alexa – as of September 2015; Basis of ranking - global page views and global reach

ABS-CBN is the dominant digital media platform in the Philippines. Number 1 local website, Number 1 FB page, and Number 1 Youtube Channel

Launched three digital products: Stellar for Social Media Marketing, Chicken Pork Adobo for empowering Philippine Youtubers to create their own content, and Push Awards, for recognizing celebrities who communicate with their fans on digital

WeStory is the Digital Storytelling arm of

ABS-CBN, which works with brands in engaging their

audiences in the digital space

TV and Studio – Global


4,222 4,367

9M'14 9M'15

Net Revenues Global Viewership

ASAP Live in London drew 10,000 to the

SSE Wembley Arena

2,522 2,786 2,844

3,083

2012 2013 2014 9M'15

2,534 2,661

9M'14 9M'15

Cost of Sales and Servies

In PHP Millions

3.4% 4.8%

Highest-grossing movie released overseas

Launched English-subtitled programs on TFC to engage non-Filipino speaking audiences.

With MYX TV, Global is committed to entertain millennials in fun, enjoyable and interesting ways with the launch of an Asian American reality show “I'm Asian American and...”.

Initiatives


1,173 1,096

9M'14 9M'15

Net Revenues

TV and Studio - Films and Music

558 539

9M'14 9M'15

Costs of Sales and Services

In PHP Millions

3.4%

6.6%

3Q’14 3Q’15

She’s Dating the Gangster Break Up Playlist

Maria Leonora Teresa The Love Affair

Once a Princess Etiquette for Mistresses

Talkback and You’re Dead Ex With Benefits

3rd Q 2015 theatrical revenues up by 42%

Php 588 M Php 414 M

Branded entertainment TV rights Retail Sales Global and Sky pay-per-view Digital sales International syndication

Non-theatrical revenues

increased by 15%

Pay TV Networks - SkyCable

ABS-CBN Investor Presentation

5,780 6,010

9M'14 9M'15

Net Revenues

22

In PHP Millions

4.0%

9.3%

3,784 4,165

9M'14 9M'15

Costs and Expenses

10.1%

SKY broadband registered its highest sales in Sept 2015; YTD

Sept 2015 sales is 39% better vs. the same period last year.

Launched Sky Cable Prepaid in August 2015 to target a wider range of subscribers.

New HD Channels (Fox Sports, AXN, AFC, Mezzo Live, ABS-CBN).

Launched Sky Mobi - fast-speed mobile internet that lets you watch your favorite Sky cable channels and shows, and surf the Internet everywhere you go!

Launched Sky on Demand in July 2015 that lets subscribers catch up on their favorite shows on TV, Computer, Tablet or Smartphone!

Over 40 HD channels currently being offered

• More than 800k boxes sold to date.

• Additional 4 exclusive channels with no additional cost.

• Target: 1M boxes by December 2015.

• Plans for 5 more transmitters in the

Vis Min Area over the next six

months.

Digital Terrestrial TV (DTT)


COVERAGE AREA Benguet

Pangasinan Tarlac

Nueva Ecija Pampanga

Bulacan Metro Manila (3)

Rizal Cavite Laguna

Metro Cebu


KEY PARTNERSHIPS

Visitor Attendance

-

20

40

60

80

100

120

-

200

400

600

800

1,000

1,200

1,400

1,600

1,800

January February March April May June July August September

EOP ARPU


In T

ho

usa

nd

s

425

2,349

1,058 687

947

753

-

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

Program Rights Pay TV and Digital Initiative Maintenance and Others

9M'15 Remaining Balance

Capital Expenditures


In P

HP

Mill

ion

s

YTD capex spent - Php 3.8B Full year estimate - Php 6.2B

1,112

3,296

1,811

Balance Sheet Highlights


Ratios 2014 9M'15

Current 2.1 1.9

Debt-to-Equity 0.8 0.7

Net Debt-to-Equity 0.3 0.2

In PHP Millions

67,237 70,671

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

2014 9M'15

Total Assets

20,325 20,469

0

5,000

10,000

15,000

20,000

25,000

30,000

2014 9M'15

Total Borrowings

26,875 27,885

0

5,000

10,000

15,000

20,000

25,000

30,000

2014 9M'15

Equity

13,238 14,306

0

5,000

10,000

15,000

20,000

2014 9M'15

Cash

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.


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rd quarter 2015 investor’s briefing financial and … programs – variety / reality / game 13...

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