Sky Network Television Ltd · NZX:SKT
Sky Network Television — Shareholder Meeting (October 2011)
25 slides from Sky Network Television's shareholder meeting presentation, Oct 21, 2011
Slide 1: Sky Network Television Annual General Meeting 2011
For personal use only SKY NETWORK TELEVISION ANNUAL GENERAL MEETING 2011 21st October 2011
Slide 2: CEO John Fellet
For personal use only CEO JOHN FELLET
Slide 3: Total Net Gain
Total Net Gain For personal use only 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Slide 4: Earthquake Impact
Earthquake Impact For personal use only Loss of Revenue - Temporary Downgrades $409k June 2011 - Domestic Disconnects $216k - Commercial Disconnects $633K Feb 11 Jun 11 Aug 11 Commercial Disconnects Uninhabitable Full Disconnect Subscribers opting for temporary downgrade
Slide 5: Monthly Net Gain
Monthly Net Gain For personal use only 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 -1,000 -2,000 ov pr ug p ec l ct n b n ar ay Ju Se Ja Ju Fe O A M N D A M 2010 2011
Slide 6: Monthly Churn
For personal use only 0.50% 1.00% 1.50% 2.00% 2.50% Ju l A ug Se p 2009 O ct N ov D 2010 ec Ja n Fe b Monthly Churn 2011 M ar A pr M ay 2012 Ju n
Slide 7: Subscriber Growth
Subscriber Growth For personal use only ‘000 2010 2011 % Change DBS (Satellite) Residential 469.3 395.3 (15.8%) DBS MYSKY 189.9 279.9 47% DBS Wholesale 118.4 124.7 5.3% Commercial/Other 24.8 29.4 18.5% Total Subscribers 802.4 829.4 3.4%
Slide 8: Subscribers
Subscribers For personal use only 800,000 700,000 600,000 500,000 400,000 300,000 200,000 100,000 0 UHF Digital Wholesale MY SKY
Slide 9: Total Revenue
Total Revenue For personal use only $797 $742 $692 $659 $619 7.2% 7.4% 6.5% 5% 2007 2008 2009 2010 2011
Slide 10: MY SKY Subscribers
MY SKY Subscribers For personal use only 275,000 250,000 225,000 200,000 175,000 279,875 150,000 125,000 100,000 189,975 75,000 50,000 103,991 25,000 19,760 27,764 0 2007 2008 2009 2010 2011
Slide 11: Additional Outlets
Additional Outlets For personal use only 151,509 175,000 150,000 127,703 103,974 125,000 84,770 73,751 100,000 75,000 50,000 25,000 0 2007 2008 2009 2010 2011 UHF Digital MYSKY
Slide 12: Total ARPU
Total ARPU For personal use only $70.45 $67.61 $64.00 $62.10 $60.50 2007 2008 2009 2010 2011
Slide 13: Advertising Revenue
Advertising Revenue For personal use only $23 $26 $24 $22 $21 $41 $40 $39 $36 $33 2007 2008 2009 2010 2011 Year End 30 June SKY PRIME
Slide 14: Programming Costs % Revenue
Programming Costs % Revenue For personal use only 33% 32% 33% 33% 32% 2007 2008 2009 2010 2011
Slide 15: EBITDA
EBITDA For personal use only $321.7 $287.5 $249.4 $266.6 $261.0 2007 2008 2009 2010 2011
Slide 16: Net Profit/(Loss)
Net Profit/(Loss) For personal use only $120.3 $77.9 $97.7 $103.0 $88.1 2007 2008 2009 2010 2011
Slide 17: Use of 2011 Operating Cashflow
For personal use only 2011 Operating Cashflow Depreciation 271 2011 Operating Cashflow studio Bank Debt 60 Dividends OSB Vans HD 77 Upgrade Bank Debt repayment Use of Operating Cashflow HD Linking contracts 148 Capex Transponder
Slide 18: SKY Highlights
SKY Highlights For personal use only 1. Purchasing of the OSB Fleet 2. Launch of i-SKY 3. New Channels Nick Jr Kidzone MTV Classics France 24 DayStar Russia Today SKY Sport Mosaic SKY Sport 3 HD ESPN HD 4. SKY Sports · Silver Ferns · Super 15 expansion · Rowing World Championship ·
Slide 19: SKY Charities
For personal use only SKY Charities
Slide 20: SKY Viewership Results
SKY Viewership Results For personal use only 8,000,000 7,000,000 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 0 10 Games 10 Games 10 Games 10 Games 4 Games 2 Games Pool A Pool B Pool C Pool D QF Semi Actual Forecast
Slide 21: For personal use only
For personal use only
Slide 22: Monthly Net Gain
Monthly Net Gain For personal use only 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 -1,000 -2,000 ov ug pr p ec l ct n b n ar ay Ju Se Ja Ju Fe O A M N D A M 2010 2011 2012
Slide 23: FY12 Guidance
FY12 Guidance For personal use only • Analysts have the following mean forecasts for SKY * : Analysts SKY FY12 FY11 Actual MEAN ($m) Guidance EBITDA 322 347 335 - 340 NPAT 120 136 120 -125 Capex 170 123 150 - 160 Subscribers 829 860 860 FY12 costs include; $m Capex includes 140,000 MYSKY units - Add
Slide 24: Dividends
Dividends For personal use only – The SKY Board has declared a fully imputed final dividend of 10.5 cps, and a special dividend of 25 cps. – Record date is 9 September 2011. – Payment date is 16 September 2011. – Total fully imputed dividend for the year is 43.5 cps 50 40 30 20 10 0 2006 2007 2008 2
Slide 25: Sky Network Television Annual General Meeting 2011
For personal use only SKY NETWORK TELEVISION ANNUAL GENERAL MEETING 2011 21st October 2011
Sky Network Television — Shareholder Meeting (October 2011) on 6ix