Slide 1: Full year results 2008
F u l l y e a r u l ts 2 0 0 8 res 2009 12 March Zeiler & Gerhard ggen Elmar He
Slide 2: Agenda
Agenda ● Introduction ○ Business Review ○ Financial Review ○ Outlook
Slide 3: RTL Group Full Year Highlights 2008
RTL Group Full Year Highlights 2008 +1.2% +2.0% Revenue Reported EBITA EBITA margin EUR 5.8 billion EUR 916 million 15.9% +2.6% Record results from Strong cash Revenue up Mediengruppe conversion: 114% on underlying basis RTL Deutschland Net cash position: and FremantleMedia EUR 876 million ► RTL Gro
Slide 4: Agenda
Agenda ○ Introduction ● Business Review ○ Financial Review ○ Outlook
Slide 5: Mediengruppe RTL Deutschland – Full Year Results 2008
Profit Centre Mediengruppe RTL Deutschland – Full Year Results 2008 Audience share (14-49) in % Key financials (in EUR million) 2,046 33.2 33.6 1,983 32.9 32.9 RTL 32.2 ROS ROS 32.1 31.8 20.6% 31.4 16.9% 30.6 30.4 30.3 P7S1 422 +25.6% 336 30.3 29.4 29.3 29.0 29.3 29.4 29.0 FY 2008 FY 2007 2000 2001
Slide 6: M6 – Full Year Results 2008
Profit Centre M6 – Full Year Results 2008 Audience share (housewives < 50) in % Key financials (in EUR million) -0.5 -3.9 -1.1 -0.8 +7.0 1,354 1,357 ROS 14.5% ROS 30.9 17.5% 24.6 -17.3% 17.5 13.1 7.9 196 237 M6 TF1 France 2 France 3 Others FY 2008 FY 2007 Revenue EBITA W9 (housewives < 50) in % Adve
Slide 7: FremantleMedia – Full Year Results 2008
Profit Centre FremantleMedia – Full Year Results 2008 Key facts 2008 Key financials (in EUR million) 1,274 Currency effects (strong EUR) have 1,203 negative impact on revenue and EBITA 1,132 of EUR 71 million and EUR 5 million respectively Operational performance remains ROS strong, driven by in
Slide 8: Five – Full Year Results 2008
Profit Centre Five – Full Year Results 2008 Share of adult viewing (all day) in % Five family key financials (in EUR million) -0.1 -0.6 -0.8 -0.6 +0.1 +2.0 499 432 35.4 22.8 ROS 19.1 2.0% 8.3 6.2 10 8.2 2 5.1 -2 BBC1 BBC2 ITV1 Ch 4 Five Others FY 2008 FY 2007 family Revenue EBITA Adjusted EBITA Net
Slide 9: Netherlands – Full Year Results 2008
Profit Centre Netherlands – Full Year Results 2008 Audience share (shp 20-49, primetime) in% Key financials (in EUR million) Families of channels: 436 408 ROS +0.8 +1.0 +3.2 16.1% 30.5 28.5 ROS 27.6 20.8% 88 -17.6% 70 85 FY 2008 FY 2007 RTL SBS Ned 1-3 Revenue EBITA Adjusted EBITA Share of net adver
Slide 10: Belgium – Full Year Results 2008
Profit Centre Belgium – Full Year Results 2008 Audience share (shp 18-54, primetime) in %1) Key financials (in EUR million) 216 210 +0.7 +0.8 -0.1 -0.1 36.0 ROS ROS 28.9 18.1% 23.3% 17.7 4.9 39 -20.4% 49 39 RTL Belgium Pubcaster AB Group French FY 2008 FY 2007 Channels Revenue EBITA Adjusted EBITA N
Slide 11: Radio France – Full Year Results 2008
Profit Centre Radio France – Full Year Results 2008 Average audience share 2008 (13+, 5-24h, Mon - Fri) in % 19.8 +0.2p 15.9 -1.1p 14.2 -0.3 18.0 +0.6p +0.2 +/-0 +/-0 -0.5 -0.2 -0.7 +0.3 +/-0 +0.1 -0.4 +0.4 +0.4 -0.2 +0.3 +0.2 -0.2 +0.1 13.0 10.2 6.2 7.9 8.9 3.8 5.2 5.4 5.1 4.4 3.0 3.1 3.2 3.7 2.8 1
Slide 12: RTL Televizija – Full Year Results 2008
Profit Centre RTL Televizija – Full Year Results 2008 Audience share (18-49, all day) in % Key financials (in EUR million) -1.9 +3.8 -1.6 -2.5 50 48 26.4 ROS ROS 22.5 24.3 4.0% 4.2% 15.1 2 2 RTL Televizija Nova HTV1 HTV2 FY 2008 FY 2007 Revenue EBITA Net ad development (%) Share of net advertising m
Slide 13: Antena 3 – Full Year Results 2008
Profit Centre Antena 3 – Full Year Results 2008 10 0% Audience share (4+, all day) in % Key financials (in EUR million) v ie w 1,016 -1.4 -2.2 -0.3 +0.9 +1.5 ROS ROS 833 19.7% 32.9% 16.0 18.1 16.9 334 -50.9% 8.6 5.5 164 Antena 3 Telecinco TVE1 Cuatro La Sexta FY 2008 FY 2007 Revenue EBITDA Gr ou p c
Slide 14: RTL Klub and Ren TV – Full Year Results 2008
Profit Centre RTL Klub and Ren TV – Full Year Results 2008 RTL Klub (Hungary) Ren TV (Russia) Audience share (18-49, primetime) in % Audience share (18-54, all day) in % -2.2 -1.1 -0.2 -0.3 +/-0 -0.2 -0.9 +0.8 +0.2 18.8 32.6 15.1 13.7 24.7 9.0 8.4 5.4 6.9 RTL Klub TV2 M1 Ch1 Russia STS NTV TNT REN T
Slide 15: Agenda
Agenda ○ Introduction ○ Business Review ● Financial Review ○ Outlook
Slide 16: Review of results 31 December 2008 (1/2)
Review of results 31 December 2008 (1/2) In EUR million Full Year to Full Year to Per cent December December change 2008 2007 Revenue 5,774 5,707 +1.2 Reported EBITA 916 898 +2.0 Restructuring charges and 32 (3) similar Start-up losses 23 38 Adjusted EBITA 971 933 +4.1 Reported EBITA margin (%) 15.9
Slide 17: Review of results 31 December 2008 (2/2)
Review of results 31 December 2008 (2/2) In EUR million Full Year to Full Year to Per cent December December change 2008 2007 Reported EBITA 916 898 +2.0 Impairment of goodwill and amortisation (407) (152) of fair values (Loss) / Gain from sale of subsidiaries, (9) 76 joint ventures and other invest
Slide 18: Cash flow statement as of 31 December 2008
Cash flow statement as of 31 December 2008 In EUR million Full Year to Full Year to December December 2008 2007 Net cash flow from operating activities 1,065 860 Add: Income tax paid 135 256 Less: Acquisition of assets, net (158) (124) Equals: Reported free cash flow (FCF) 1,042 992 Acquisition of s
Slide 19: Agenda
Agenda ○ Highlights ○ Business Review ○ Financial Review ○ Outlook
Slide 20: Outlook
Outlook ► Visibility extremely low ► Cost cutting measures are taking place in all operations ► State of advertising markets means full year guidance impossible to give at this stage
Slide 21: Audience performance
Audience performance Flagship Flagship channels channels with with powerful powerful start start in in 2009 2009 17.4 +1.2pp 16.7 +1.2pp Jan 09 Feb 09 17.6 +0.7pp 17.3 +0.4pp Jan 09 Feb 09 16.1 +0.8pp 16.3 +1.4pp Jan 09 Feb 09 Target groups Germany: 14–49 / France: housewives < 50 / The Netherlands:
Slide 22: Full year results 2008
u l l Y e ar F l ts 2 0 0 8 resu 9 200 12 March er h ar d Zeiler & G ggen Elmar He