Sky Network Television Ltd · NZX:SKT

Sky Network Television — Shareholder Meeting (October 2018)

33 slides from Sky Network Television's shareholder meeting presentation, Oct 18, 2018

  1. Slide 1: Reaching Every Kiwi - Annual General Meeting 2018

    For personal use only REACHING EVERY KIWI SKY NETWORK TELEVISION LIMITED Annual General Meeting 2018

  2. Slide 2: John Fellet

    For personal use only JOHN FELLET

  3. Slide 3: Underlying Net Profit

    25.0 UNDERLYING NET PROFIT For personal use only 20.0 Millions 15.0 10.0 119.3 116.3 05.0 00.0 2017 2018 SKY Network Television Limited | Annual General Meeting 2018 | 3

  4. Slide 4: Operating Costs

    0 OPERATING COSTS 0 For personal use only Millions 0 0 0 601.2 0 553.9 0 0 0 2017 2018 SKY Network Television Limited | Annual General Meeting 2018 | 4

  5. Slide 5: Capital Expenditure

    CAPITAL EXPENDITURE For personal use only Millions 128.8 79.7 58.2 2016 2017 2018 SKY Network Television Limited | Annual General Meeting 2018 | 5

  6. Slide 6: Big Pacific

    For personal use only Big Pacific ©2018 NHNZ Ltd.

  7. Slide 7: Pre Tax Cashflow

    PRE TAX CASHFLOW 204.1 For personal use only Millions 183.4 TAX PAYMENT TAX PAYMENT 2017 2018 © Photosport.nz © Photosport.nz SKY Network Television Limited | Annual General Meeting 2018 | 7

  8. Slide 8: Net profit reconciliation: goodwill impairment

    For personal use only 2017 2018 893.5 839.7 601.2 553.9 GOODWILL 292.3 105.1 285.8 102.4 IMPAIRMENT 19.6 51.3 17.5 46.6 116.3 119.3 0 360.0 116.3 (240.7) SKY Network Television Limited | Annual General Meeting 2018 | 8

  9. Slide 9: Dividend

    DIVIDEND For personal use only 2018 2017 2016 2015 2014 2013 2012 2011 2010 Interim 7.5 15.0 15.0 15.0 14.0 12.0 11.0 8.0 7.0 Final 7.5 12.5 15.0 15.0 15.0 12.0 11.0 10.5 7.0 Ordinary Total 15.0 27.5 30.0 30.0 29.0 24.0 22.0 18.5 14.0 Special 32.0 25.0 TOTAL 15.0 27.5 30.0 30.0 29.0 24.0 54.0 43.5 1

  10. Slide 10: The Brokenwood Mysteries

    For personal use only The Brokenwood Mysteries ©2018 South Pacific Pictures

  11. Slide 11: Customers - June 2018

    For personal use only 767,727 CUSTOMERS – JUNE 2018 100% NZ Reach Internet or no internet, we have New Zealand covered

  12. Slide 12: Churn of Satellite Sky

    CHURN OF SATELLITE SKY For personal use only 15.9% 15.4% 2017 2018 SKY Network Television Limited | Annual General Meeting 2018 | 12

  13. Slide 13: Moving Annual Churn

    MOVING ANNUAL CHURN 35.00% For personal use only 30.00% 25.00% 20.00% 15.00% 10.00% 5.00% 0.00% Jun 98 Jun 18 SKY Network Television Limited | Annual General Meeting 2018 | 13

  14. Slide 14: Revenue

    REVENUE For personal use only 893.5 Millions 839.7 2017 2018 © Photosport.nz SKY Network Television Limited | Annual General Meeting 2018 | 14

  15. Slide 15: ARPU from Sky Traditional Subscribers

    ARPU FROM SKY TRADITIONAL SUBSCRIBERS For personal use only $83.48 $83.09 $81.67 $79.54 $77.52 $75.83 2013 2014 2015 2016 2017 2018 SKY Network Television Limited | Annual General Meeting 2018 | 15

  16. Slide 16: Total ARPU

    TOTAL ARPU For personal use only $79.54 $78.63 $78.82 $77.52 $76.34 $75.83 2013 2014 2015 2016 2017 2018 SKY Network Television Limited | Annual General Meeting 2018 | 16

  17. Slide 17: Total Television Advertising Revenue

    For personal use only -10% 10% 15% -5% 0% 5% Sep 10 Qtr Dec 10 Qtr Mar 11 Qtr Jun 11 Qtr Sep 11 Qtr Dec 11 Qtr Mar 12 Qtr Jun 12 Qtr Sept 12 Qtr Dec 12 Qtr Mar 13 Qtr Jun 13 Qtr Sept 13 Qtr Dec 13 Qtr Mar 14 Qtr Jun 14 Qtr (YOY Quarterly change) Sept 14 Qtr Dec 14 Qtr Mar 15 Qtr Jun 15 Qtr Sept 15 Q

  18. Slide 18: Advertising Revenue

    ADVERTISING REVENUE For personal use only Millions 24.7 26.4 27.3 24.3 21.4 18.0 45.2 49.3 46.7 41.6 43.2 39.0 2013 2014 2015 2016 2017 2018 SKY Prime SKY Network Television Limited | Annual General Meeting 2018 | 18

  19. Slide 19: Programming Costs % Revenue

    PROGRAMMING COSTS For personal use only % REVENUE 39% 39% 2017 2018 SKY Network Television Limited | Annual General Meeting 2018 | 19

  20. Slide 20: A World Class Sports Offering

    For personal use only RUGBY CRICKET A WORLD CLASS TENNIS GOLF FOOTBALL SPORTS OFFERING LEAGUE NETBALL SKY Network Television Limited | Annual General Meeting 2018 | 20

  21. Slide 21: Viewership on Sky NZ

    VIEWERSHIP ON SKY NZ For personal use only 2017/18 0.24% 0.01% 0.37% SKY Network Television Limited | Annual General Meeting 2018 | 21

  22. Slide 22: For personal use only

    For personal use only

  23. Slide 23: Our Strategy

    OUR STRATEGY For personal use only WORLD CLASS CONTENT THAT MATTERS OUR STRATEGY OUR UNDERSTANDING CUSTOMERS AND DELIVERING GREAT EXPERIENCES MULTIPLE PROPOSITIONS AND PRICES

  24. Slide 24: Understanding Our Customers

    UNDERSTANDING OUR CUSTOMERS WATCH IT YOUR WAY AND DELIVERING GREAT EXPERIENCES For personal use only

  25. Slide 25: Our Strategy

    OUR STRATEGY For personal use only STABILISE CORE WORLD CLASS CONTENT THAT EARNINGS MATTERS UNDERSTANDING OUR ADD PROFITABLE CUSTOMERS AND DELIVERING INCREMENTAL GREAT EXPERIENCES CUSTOMERS MULTIPLE PROPOSITIONS AND PRICES TRANSITION TO VOD CENTRIC WORLD

  26. Slide 26: Recent Deals

    RECENT DEALS NEAR SPORT KIWIS For personal use only • UK Super League • Australian Open LOVE & Tennis • French Top 14 • Roland Garros • Guinness Pro 14 • US Open Golf ACCESS TO THE • Moto GP BEST WIDE • FIM Speedway • UCI Cycling ENTERTAINMENT • NASCAR • Le Mans CONTENT • UEFA Champions League • Wor

  27. Slide 27: Increase in Drama

    For personal use only INCREASE IN DRAMA

  28. Slide 28: Black Ferns November 2018 Tour

    For personal use only BLACK FERNS Chicago, USA Tripleheader at Soldier Field 4th November 2018 NOVEMBER 2018 Toulon, France Stade Felix Mayol TOUR 9th November 2018 Grenoble, France Stade des Alpes 17th November 2018 SKY Network Television Limited | Annual General Meeting 2018 | 28 © Photosport.nz

  29. Slide 29: Maori All Blacks November 2018 Tour

    MAORI ALL For personal use only BLACKS Chicago, USA NOVEMBER 2018 Tripleheader at Soldier Field 4th November 2018 TOUR Brazil, South America 11th November 2018 Chile, South America 18th November 2018 SKY Network Television Limited | Annual General Meeting 2018 | 29 © Photosport.nz

  30. Slide 30: All Blacks End of Year Tour

    ALL For personal use only BLACKS Tokyo, Japan Ajinomoto Stadium 3rd November 2018 Twickenham, London Twickenham Stadium 10th November 2018 “END OF YEAR 2018 Dublin, Ireland Aviva Stadium TOUR” 17th November 2018 Rome, Italy Olimpico Stadio SKY Network Television Limited | Annual General Meeting 2018

  31. Slide 31: For personal use only

    For personal use only Tt a Rye NEW ZEALAND ws SL, aw.

  32. Slide 32: Our Staff Have Produced Over Local Broadcasts

    For personal use only OUR STAFF HAVE PRODUCED OVER 400 LOCAL BROADCASTS IN THE PAST YEAR 15 SEPTEMBER 2018 - WAS OUR BUSIEST DAY 295 CREW WORKING 6 LIVE EVENTS = 20 HOURS LIVE TV ALL LOCAL SPORT ALL ON SKY IN ONE DAY #SKYCREW

  33. Slide 33: Reaching Every Kiwi

    For personal use only REACHING EVERY KIWI SKY NETWORK TELEVISION LIMITED Annual General Meeting 2018

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