Slide 1: Cover letter to SEC and PSE
March 22, 2013 SECURITIES AND EXCHANGE COMMISSION Attention: Director Justina F. Callangan Corporate Finance Department SEC Building, EDSA, Mandaluyong City PHILIPPINE STOCK EXCHANGE, INC. Attention: Ms. Janet A. Encarnacion Head, Disclosure Department 3" Floor, Philippine Stock Exchange Plaza Ayala
Slide 2: Fourth Quarter/Full Year 2012 Results
GMA NETWORK, INC. Fourth Quarter/Full Year 2012 Results 22 March 2013
Slide 3: Ratings Update: Continued Dominance in Mega Manila
RATINGS UPDATE Continued Dominance in Mega Manila Household Ratings Oct Nov Dec GMA leads ABS by 4.1 points 2012 and TV5 by 7.8 points GMA 15.7 14.8 13.9 Based on an estimated 5 viewers per ABS 11.0 10.8 9.8 Household, GMA’s lead is equivalent to over 1.1 Million viewers versus ABS TV5 6.6 6.4 6.1 a
Slide 4: Ratings Update: Continued Leadership in Urban Luzon
RATINGS UPDATE Continued Leadership in Urban Luzon Household Ratings Oct Nov Dec 2012 GMA leads ABS by 3.2 points and TV5 by 7.7 points GMA 15.0 14.1 13.5 Based on an estimated 5 viewers ABS 11.6 11.3 10.3 per Household, GMA’s lead is equivalent to over 1.1 Million TV5 6.2 6.0 5.8 viewers versus ABS
Slide 5: Ratings Update: Nationwide
RATINGS UPDATE Number 1 NATIONWIDE Household Ratings Oct Nov Dec 2012 GMA continues to lead ABS by 0.4 point and TV5 by 6.0 points GMA 13.3 12.5 12.0 Based on an estimated 5 viewers ABS 13.2 12.6 11.6 per Household, GMA’s lead is equivalent to over 180 Thousand TV5 6.3 6.2 6.0 viewers versus ABS and
Slide 6: Building a Global Brand
Building a Global Brand ... International Pay TV Channels … Program Syndication and Licensing… 13%YoY 9%YoY Selected 4Q 2012 Deals Hawaii Sold Free TV Rights of My Name is Kim Samsoon Italy Sold Free TV Rights of My Beloved Korea Sold Free TV Rights of Koreana, Basahang Ginto, Almost 125 thousand su
Slide 7: Consolidated Financial Report For the Year Ended December 31, 2012
Consolidated Financial Report For the Year Ended December 31, 2012 GMA Network, Inc. March 22, 2013
Slide 8: Consolidated Gross Revenues
CONSOLIDATED GROSS REVENUES For the Years Ended December 31, 2012 and 2011 (In Millions PhP) •Gross revenues climbed by 6% vs. 2011. 14,000 13,929 13,083 13,000 1,226 12,000 1,202 11,000 10,000 9,000 8,000 Airtime 7,000 revenues +7% 6,000 12,703 11,881 5,000 4,000 Subscription and 3,000 others +2% 2
Slide 9: Airtime Revenues
AIRTIME REVENUES For the Years Ended December 31, 2012 and 2011 (In Millions PhP) * Airtime revenues up 7% year-on-year. 2012 2011 Inc (Dec) TV Channel 7 12,018 11,189 7% Channel 11 261 256 2% Radio 424 436 (3%) Total Airtime Revenues 12,703 11,881 7%
Slide 10: Subscription and Other Revenues
SUBSCRIPTION AND OTHER REVENUES For the Years Ended December 31, 2012 and 2011 (In Millions PhP) * Revenues from subsidiaries and others rose 2% vs. last year. 2012 2011 Inc (Dec) International 956 965 (1%) Subsidiaries and others 270 237 14% Total Subscriptions and Others 1,226 1,202 2% ** Subscrib
Slide 11: Consolidated Operating Expenses
CONSOLIDATED OPERATING EXPENSES For the Years Ended December 31, 2012 and 2011 (In Millions PhP) * Total OPEX of P9.593 billion grew by only 7% year-on-year. 9,593 8,979 10,000 9,000 8,000 7,000 4,335 3,874 6,000 5,000 GAEX +12% 4,000 3,000 5,258 Prod costs +3% 5,105 2,000 55% 57% 1,000 0 2012 2011
Slide 12: Financial Highlights
FINANCIAL HIGHLIGHTS For the Years Ended December 31, 2012 and 2011 (In Millions PhP) EBITDA climbed 10% vs. 2011. Net Income down 5%; while Comprehensive Income was up 3% from last year. 35,000 Revenues +6% 30,000 13,929 25,000 13,083 Expenses +7% 20,000 EBITDA +10% 15,000 9,593 Provision for 8,979
Slide 13: Income Statement Quarterly Performance
INCOME STATEMENT Quarterly Performance Y2008 Y2009 Y2010 Y2011 Y2012 4500 4000 3939 3822 3788 3684 3684 3746 3625 3500 3481 3424 3587 3317 3319 3311 3384 3133 3138 2974 3000 3002 2806 2651 2564 2500 2438 2416 2287 2280 2354 2325 2206 2187 2068 2056 2000 1890 1927 2048 1989 2046 1832 1746 1609 1500 1
Slide 14: Capital Expenditures
CAPITAL EXPENDITURES (In Millions PhP) Capital Expenditures reached P956M. 1000 900 800 700 600 500 896 956 400 832 300 628 600 428 200 100 0 2007 2008 2009 2010 2011 2012
Slide 15: Consolidated Balance Sheets
CONSOLIDATED BALANCE SHEETS (In Millions PhP) Current Assets Current Liabilities 15,000 15,000 10,000 10,000 5,000 7,103 Current Ratio 5,000 6,851 3,749 0 5.00 0 1,671 2012 2011 4.00 2012 2011 3.00 4.10 2.00 Total Assets 1.00 1.89 0.00 Total Liabilities Equity 15,000 2012 2011 15,000 10,000 12,852 1
Slide 16: Thank you!
Thank you! Kapuso ng pamilyang Pilipino, anumang kulay ng buhay.