Slide 1: Full Year Results 2012
FULL YEAR RESULTS 2012 25 February 2013 Anke Schäferkordt, Co-CEO Guillaume de Posch, Co-CEO Elmar Heggen, CFO The leading European entertainment network
Slide 2: Agenda
Agenda ● FULL-YEAR HIGHLIGHTS o Business Review o Financial Review o Business Outlook The leading European entertainment network 2
Slide 3: Full-year highlights 2012
Full-year highlights 2012 REVENUE €6.0 billion REPORTED EBITA continuing operations €1,078 million EBITA MARGIN CASH CONVERSION NET CASH POSITION NET RESULT 18.0% 101% €1,051million €597million IMPRESSIVE RESULTS IN TOUGH ECONOMIC ENVIRONMENT 3
Slide 4: Agenda: Business Review
Agenda o Full-year highlights ● BUSINESS REVIEW o Financial Review o Business Outlook The leading European entertainment network 4
Slide 5: Mediengruppe RTL Deutschland
Mediengruppe RTL Deutschland AUDIENCE SHARE – FAMILY OF CHANNELS SHARE OF NET ADVERTISING MARKET (in %) 14-49 (in %) 46.4 RTL RTL 43.8 43.3 43.5 44.4 34.4 35.0 35.0 43.8 43.9 43.7 33.6 32.9 33.7 32.9 32.2 31.8 43.7 43.6 41.4 43.1 41.5 41.4 40.8 30.3 30.1 29.7 P7S1 29.4 29.0 29.3 28.9 29.4 39.3 27.8
Slide 6: Groupe M6
Groupe M6 AUDIENCE SHARE – MAIN CHANNELS NET TV ADVERTISING MARKET DEVELOPMENT HOUSEWIVES <50 ALL DAY (in %) FY 2012 VS FY 2011 (in %) -0.2 -1.2 +0.1 -0.1 +1.4 41.5 Market M6 TF1 25.5 17.0 11.0 5.0 -4.3 -6.0 M6 TF1 France 2 France 3 Others -6.7 x Percentage point deviation vs FY 2011 M6 and TF1: mai
Slide 7: FremantleMedia
FremantleMedia KEY FACTS 2012 KEY FINANCIALS (in € million) REVENUE EBITA ● Core franchises remain strong o American Idol: number one entertainment series in the US for the past nine years 1,711 o The X Factor: 6 new territories added; now produced 1,7 1,429 11 in 35 territories and sold to more tha
Slide 8: RTL Nederland
RTL Nederland AUDIENCE SHARE: 20-49, PRIMETIME (in %) NET TV ADVERTISING MARKET DEVELOPMENT FY 2012 vs FY 2011 (in %) -0.7 +3.5 -1.5 -1.6 -0.7 Market RTL Nederland 18.5 17.4 9.2 5.9 4.7 -5.4 -6.1 RTL 4 NED 1 SBS 6 RTL 5 Net 5 x Percentage point deviation vs FY 2011 Source: RTL Group estimates (spot
Slide 9: RTL Belgium
RTL Belgium AUDIENCE SHARE: SHP 18-54, PRIMETIME (in %) NET TV ADVERTISING MARKET DEVELOPMENT FY 2012 VS FY 2011 (in %) -2.3 +1.3 +0.3 +0.6 +0.2 Market RTL Belgium RTBF 27.3 12.7 5.8 5.7 3.3 RTL-TVI La Une La Deux Club RTL Plug RTL -7.0 -7.7 -12.0 x Percentage point deviation vs FY 2011 Source: RTL
Slide 10: RTL Radio (France)
RTL Radio (France) AVERAGE AUDIENCE SHARE 2012 – 13+, 5-24H, MON – FRI (in %) RTL STATIONS NRJ GROUP LAGARDÈRE PUBCASTER 18.3 -0.9p 14.8 +0.3p 12.6 +/-0 20.2 +0.5p -0.5 -0.4 +-/0 +0.9 -0.4 +0.1 -0.3 -0.1 -0.2 +0.3 +0.3 +0.2 +-/0 11.6 10.1 6.9 7.4 6.4 3.8 3.8 2.7 3.1 3.7 2.9 1.4 2.1 RTL Fun RTL2 NRJ
Slide 11: Others: Hungary, Croatia, Spain
Others: Hungary, Croatia, Spain KEY FINANCIALS, RTL Klub (in € million) KEY FINANCIALS, RTL Hrvatska (in € million) REVENUE EBITA REVENUE EBITA 99 101 37 ROS ROS 31 15.2% 8.9% 15 9 0 -9 FY2011 FY2012 FY 2011 FY2012 FY 2011 FY2012 FY 2011 FY2012 KEY FACTS EASTERN EUROPE 2012 Grupo Antena 3 ● TV adver
Slide 12: Key developments 2012 (1/2)
Key developments 2012 (1/2) ONGOING MARCH Integration and re-positioning of Global first look deal for distribution 7 cable channels in Hungary rights to Hulu’s original programming APRIL SINCE MAY Successful launch of RTLNitro FremantleMedia launches by MG RTL Deutschland Youtube channels SEPTEMBER
Slide 13: Key developments 2012 (2/2)
Key developments 2012 (2/2) NON-LINEAR TV MOBILE SERVICES ONLINE VIDEO VIEWS (in billion) All RTL Group platforms 2.4 +25% +35% 1.9 1.4 FY 2010 FY 2011 FY 2012 Examples: ● Mobile video views in 2012: increase of 58% in Germany to 118 million increase of 119% in France to 70.5 million ● Acquisition o
Slide 14: Agenda: Financial Review
Agenda o Full-year highlights o Business Review ● FINANCIAL REVIEW o Business Outlook The leading European entertainment network 14
Slide 15: Review of Results December 2012 (1/2)
Review of Results 31 December 2012, continuing operations (1/2) Full-year to Full-year to Per cent In € million December 2012 December 2011 change REVENUE 5,998 5,765 +4.0 REPORTED EBITA 1,078 1,134 -4.9 Reported EBITA margin (%) 18.0 19.7 -1.7pp Net result attributable to RTL Group shareholders 597
Slide 16: Review of Results December 2012 (2/2)
Review of Results 31 December 2012, continuing operations (2/2) Full-year to Full-year to Per cent In € million December 2012 December 2011 change REPORTED EBITA 1,078 1,134 -4.9 Impairment of investment in associates and amortisation and impairment of fair value adjustments on acquisitions of (90)
Slide 17: Cash Flow Statement as of December 2012
Cash Flow Statement as of 31 December 2012 In € million Full-year to December Full-year to December 2012 2011 NET CASH FLOW FROM OPERATING ACTIVITIES 925 1,044 Add: Income tax paid 325 287 Less: Acquisition of assets, net (166) (177) Equals: Reported free cash flow (FCF) 1,084 1,154 Acquisition of s
Slide 18: Dividend
Dividend Board of Directors has approved an interim dividend, comprising both an ordinary and extraordinary dividend, amounting, in total, to EUR 1.6 billion Dividend to be funded out of cash and via a loan, at arm’s length terms and conditions, from Bertelsmann RTL Group will target a conservative
Slide 19: Agenda: Business Outlook
Agenda o Full-year highlights o Business Review o Financial Review ● BUSINESS OUTLOOK The leading European entertainment network 19
Slide 20: Outlook
Outlook Economic conditions remain challenging and visibility extremely limited RTL Group will remain focused on its leadership positions and disciplined in cost management RTL Group will pursue opportunities to develop its core, content and digital strategic plan 20
Slide 21: Full Year Results 2012
FULL YEAR RESULTS 2012 25 February 2013 Anke Schäferkordt, Co-CEO Guillaume de Posch, Co-CEO Elmar Heggen, CFO The leading European entertainment network