Slide 1: SEC Form 17-C Current Report
C04400-2015 SECURITIES AND EXCHANGE COMMISSION SEC FORM 17-C CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER 1. Date of Report (Date of earliest event reported) Aug 6, 2015 2. SEC Identification Number 5213 3. BIR Tax Identification No. 000-917-9
Slide 2: PSE Disclosure Form 4-30 Material Information
the Corporate Information Officer of the disclosing party. GMA Network, Inc. GMA7 PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and Sections 4.1 and 4.4 of the Revised Disclosure Rules Subject of the Disclosure Presentation materials used dur
Slide 3: 2nd Quarter 2015 GMA Network, Inc.
2nd$Quarter$2015$ GMA$Network,$Inc.$ $ August$6$
Slide 4: Ratings Update: 2nd Quarter 2015 Audience Shares
RATINGS(UPDATE( 2nd(Quarter(2015(Audience(Shares( 39.3$ $37.3$ %35.8%% 33.4$ 31.5% 27.8% 8.5% 8.2% 9.1% Mega%Manila% Urban%Luzon% NUTAM% GMA% ABS% TV5% Effective January 2015, Mega Manila and Urban Luzon account for 59% and 77% of all Urban TV Households, respectively. Based(on(Total(Day((6am(:12mn
Slide 5: Ratings Update: SONA 2015 Coverage Audience Shares
RATINGS(UPDATE( SONA(2015(coverage(–(Audience(Shares( 44.7$ $42.9$ 37.1$ %36.2%% 29.7% 25.8% 5.3% 4.6% 4.8% Mega%Manila% Urban%Luzon% NUTAM% GMA% ABS% TV5% Effective January 2015, Mega Manila and Urban Luzon account for 58% and 76% of all Individuals among Urban TV Households, respectively. July(27
Slide 6: Building a Global Brand: GMA Network Portal
Building(a(Global(Brand(...( GMA$Network$Portal$(GMANetwork.com)$ experienced$an$enormous$increase$in$unique$ browsers$and$pageviews$versus$the$same$quarter$ last$year:$ $ PAGEVIEWS$ 1,291%( (from&11.3M&last&Q2&2014&to&157.2M&this&Q2&2015)& ! UNIQUE$BROWSERS$ 446%( (from&1.9M&last&Q2&2014&to&10.6M&t
Slide 7: Building a Global Brand: GMA News Online
Building(a(Global(Brand(...( GMA$News$Online$(GMANetwork.com/news)$also$ posted$significant$growth$in$terms$of$pageviews$and$ unique$browsers,$driving$the$increase$in$the$Portal’s$ traffic:$ $ PAGEVIEWS$ 133%( (from&86.4M&last&Q2&2014&to&201.6M&this&Q2&2015)& ! UNIQUE$BROWSERS$ 154%( (from&16.9M&last&
Slide 8: Building a Global Brand: Social Media
Building(a(Global(Brand(...( • Facebook$fans$up$74.82%$ • Twi^er$followers$up$45.56%$ • Facebook$fans$up$by$65.02%$ • Twi^er$followers$up$by$41.81%$
Slide 9: Building a Global Brand: Awards and Recognition
Building(a(Global(Brand(...( Awards(and(RecogniPon( 2015(New(York(FesPvals( $ •(((1(Gold(World(Medal((Front&Row)$ •$$3(Bronze(World(Medals((Reporter’s&Notebook,$GMA$News$TV’s$Motorcycle&Diaries&and$“May&Pag]Asa”&stacon$ID)$ •(((4(Finalist(CerPficates$for$various$Newsamp;$Public$Affairs$programs$and$do
Slide 10: Building a Global Brand: International Pay TV Channels
Building(a(Global(Brand(...( InternaPonal(Pay(TV(Channels( 4%YoY$ 50%YoY$ Almost(283(thousand(subscripPons(as(of( Almost(27(thousand(subscripPons(as(of(( June(2015( June(2015(($ $ 9%YoY$ 4%YoY$ Almost(97(thousand(subscripPons(as(of(( Almost(40(thousand(subscripPons(as(of(( June(2015(($ June(2015(($
Slide 11: Building a Global Brand: Program Syndication and Licensing
Building(a(Global(Brand(...( Program(SyndicaPon(and(Licensing( Select(2Q(2015(Deals(:(Revenues(up(32%(2Q15(vs(2Q14( Cambodia Sold Free TV Rights of Carmela and Villa Quintana Vietnam Sold Free and Basic Pay TV Rights of Rhodora X, The Borrowed Wife, Kambal Sirena, Paraiso Ko’y Ikaw and Innamorata Ma
Slide 12: Consolidated Financial Report
Consolidated$Financial$Report$ For&the&First&Half&Ended&June&30,&2015& GMA$Network,$Inc.$ August$6,$2015$
Slide 13: Consolidated Net Revenues (vs. previous quarter)
CONSOLIDATED$NET$REVENUES$ Comparacve$Quarterly$Highlights$(vs.$previous$quarter)$ (In&Millions&PhP)& *$Net$revenues$up$21%$vs.$Q1$15.$ 4,000 3,647$ 3,500 3,006$ 3,000 AirPme(revenues(+24%( 2,500 2,000 3,358 SubscripPon(and((((((((( 2,711 others(((((((((((((((((((((((:2%( 1,500 1,000 Total(revenues
Slide 14: Airtime Revenues (vs. previous quarter)
AIRTIME$REVENUES$ Comparacve$Quarterly$Highlights$(vs.$previous$quarter)&$ (In&Millions&PhP)& *$Net$aircme$revenues$up$by$24%.$ Q2 ’15 Q1’15 Inc (Dec) TV Channel 7/RTV 3,138 2,545 23% Channel 11 (GNTV) 108 69 57% Radio 112 98 14% 3,358 2,711 24%
Slide 15: Subscription and Other Revenues (vs. previous quarter)
SUBSCRIPTION$AND$OTHER$REVENUES$ Comparacve$Quarterly$Highlight$(vs.$previous$quarter)$ (In&Millions&PhP)& *$Combined$revenues$from$subscripcon$and$other$sources$dipped$by$2%$vs.$ previous$quarter.$ Q2 ’15 Q1 ’15 Inc (Dec) International 241 247 (2%) Subsidiaries and others 49 48 2% Total 290 294 (2
Slide 16: Consolidated Net Revenues (Q2 2015 vs Q2 2014)
CONSOLIDATED$NET$REVENUES$ For$the$Quarters$Ended$June$30,$2015$and$2014$ (In&Millions&PhP)& *$Net$revenues$grew$25%$vs.$Q2$2014.$ 4,000 3,647$ 3,500 2,915$ 3,000 AirPme(revenues(+29%( 2,500 SubscripPon(and(( 2,000 3,358 others((((((((((((((((((((((:8%( 1,500 2,600 1,000 Total(revenues((+25%( 500 0
Slide 17: Airtime Revenues (Q2 2015 vs Q2 2014)
AIRTIME$REVENUES$ For$the$Quarters$Ended$June$30,$2015$and$2014& (In&Millions&PhP)& *$Net$aircme$revenues$increased$by$29%.$$ Q2 ’15 Q2 ’14 Inc (Dec) TV Channel 7/RTV 3,138 2,422 30% Channel 11 (GNTV) 108 82 31% Radio 112 95 17% 3,358 2,600 29%
Slide 18: Subscription and Other Revenues (Q2 2015 vs Q2 2014)
SUBSCRIPTION$AND$OTHER$REVENUES$ For$the$Quarters$Ended$June$30,$2015$and$2014$ (In&Millions&PhP)& Q2 ’15 Q2 ’14 Inc (Dec) International 241 270 (11%) Subsidiaries and others 49 45 9% Total 290 315 (8%) **$Subscriber$count$ Q2 15 Q2 14 Inc (Dec) GPTV 282,612 271,201 4% GLTV 96,531 88,579 9%
Slide 19: Consolidated Revenues, First Half
CONSOLIDATED$REVENUES$ For$the$First$Half$Ended$June$30,$2015$and$2014$ (In&Millions&PhP)& *$Net$revenues$improved$by$15%$vs.$6M$2014.$ 7,000 6,653 6,000 5,766 5,000 Airtime revenues +18% 4,000 6,069 3,000 5,142 Subscription and others -6% 2,000 Total 1,000 Revenues +15% 0 584 623 6M '15 6M '14
Slide 20: Airtime Revenues, First Half
AIRTIME$REVENUES$ For$the$First$Half$Ended$June$30,$2015$and$2014& (In&Millions&PhP)& *$Net$aircme$revenues$improved$by$18%.$$ 6M ’15 6M ’14 Inc (Dec) TV Channel 7/RTV 5,683 4,828 18% Channel 11 (GNTV) 177 141 26% Radio 209 173 21% Airtime Revenues 6,069 5,142 18%
Slide 21: Subscription and Other Revenues, First Half
SUBSCRIPTION$AND$OTHER$REVENUES$ For$the$First$Half$Ended$June$30,$2015$and$2014$ (In&Millions&PhP)& 6M ’15 6M ’14 Inc (Dec) International 488 528 (8%) Subsidiaries and others 96 95 1% Total Subscriptions and Others 584 623 (6%) **$Subscriber$count$ 6M ’15 6M ’14 Inc (Dec) GPTV 282,612 271,201 4% GL
Slide 22: Consolidated Operating Expenses, First Half
CONSOLIDATED$OPERATING$EXPENSES$ $For$the$First$Half$Ended$June$30,$2015$and$2014$ (In&Millions&PhP)& *$Total$OPEX$inched$up$by$3%$vs.$6M$14.$ 5,051 4,907 5,000 4,000 2,333 2,307 3,000 GAEX(((((((((((((((((+1%( 2,000 Prod(costs((((((((+4%( 2,717 2,601 1,000 54%( 53%( 0 6M '15 6M '14
Slide 23: Financial Highlights, First Half
FINANCIAL$HIGHLIGHTS$ For$the$First$Half$Ended$June$30,$2015$and$2014$ (In&Millions&PhP)& EBITDA$and$Net$Income$were$up$by$54%$and$89%,$respeccvely.$ 16,000 14,000 12,000 6,653 Revenues +15% 10,000 5,766 8,000 Expenses +3% 6,000 5,051 EBITDA +54% 4,000 4,907 Net Income +89% 2,000 2,410 1,566 0 1,09
Slide 24: Capital Expenditures
CAPITAL$EXPENDITURES$ (In&Millions&PhP)& Capital$Expenditures$amounted$to$P465M$as$of$June$30,$2015.$ 1000 934( 900 800 700 469 600 REMAINING$ 500 896 956 400 832 673 300 600 564 6M$ 428 465 200 100 0 2008 2009 2010 2011 2012 2013 2014 2015
Slide 25: Consolidated Balance Sheets
CONSOLIDATED$BALANCE$SHEETS$ (In&Millions&PhP)& Current Assets Current Liabilities 15,000 15,000 10,000 10,000 9,566 5,000 7,186 5,000 5,657 Current Ratio 3,970 0 3.00 0 6M '15 6M '14 2.50 6M '15 6M '14 2.00 REMAINING$ 1.50 1.00 1.69 1.81 Total Assets 0.50 Total Liabilities Equity 15,000 0.00 6M '1
Slide 26: Thank you!
$ Thank$you!$ $ z