Sky Network Television Ltd · NZX:SKT

Sky Network Television — Shareholder Meeting (October 2016)

25 slides from Sky Network Television's shareholder meeting presentation, Oct 20, 2016

  1. Slide 1: Sky Television Annual General Meeting 2016

    For personal use only SKY TELEVISION ANNUAL GENERAL MEETING 2016 |

  2. Slide 2: Total Subscribers

    TOTAL SUBSCRIBERS 855.00 For personal use only 852,679 851,561 850.00 845.00 840.00 835.00 830.00 June 2015 June 2016 John Davidson/www.photosport.nz | Page 2 SILVER FERNS © SKY 2016 Annual General Meeting

  3. Slide 3: Revenue

    REVENUE For personal use only 940 Millions 927.5 928.2 920 909 900 885 880 860 843 840 820 800 2012 2013 2014 2015 2016 | © SKY 2016 Annual General Meeting

  4. Slide 4: Total ARPU

    TOTAL ARPU For personal use only $85.00 $79.54 $78.63 $80.00 $77.52 $75.83 $75.00 $71.93 $70.00 $65.00 $60.00 $55.00 $50.00 2012 2013 2014 2015 2016 2016 Includes IGLOO, NEON and FAN PASS not included in previous periods | © SKY 2016 Annual General Meeting

  5. Slide 5: ARPU from Sky Traditional Subscribers

    ARPU FROM SKY TRADITIONAL SUBSCRIBERS For personal use only $85.00 $81.67 $79.54 $80.00 $77.52 $75.83 $75.00 $71.93 $70.00 $65.00 $60.00 $55.00 $50.00 2012 2013 2014 2015 2016 | © SKY 2016 Annual General Meeting

  6. Slide 6: Sky Premium Products per Subscriber

    SKY PREMIUM PRODUCTS PER SUBSCRIBER For personal use only 3.9 3.81 3.8 3.72 3.6 Jun-15 Jun-16 | Photography © Offside Sports Page 6 © SKY 2016 Annual General Meeting RWC 2015

  7. Slide 7: Advertising Revenue

    ADVERTISING REVENUE For personal use only Millions 80.0 70.0 60.0 24.7 23.3 27.3 24.3 26.4 50.0 40.0 30.0 45.2 49.3 20.0 43.9 41.6 43.2 10.0 - 2012 2013 2014 2015 2016 Sky Prime | © SKY 2016 Annual General Meeting

  8. Slide 8: Total Television Advertising Revenue

    For personal use only 0% 5% 10% 15% -10% -5% Sep 10 Qtr Dec 10 Qtr Mar 11 Qtr Jun 11 Qtr (YOY QUARTERLY CHANGE) Sep 11 Qtr Dec 11 Qtr Mar 12 Qtr | © SKY 2016 Annual General Meeting 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 Sept 14 Qtr Dec 14

  9. Slide 9: Programming Costs % Revenue

    PROGRAMMING COSTS % REVENUE For personal use only 36% 34% 32% 36% 30% 32% 28% 32% 33% 31% 26% 24% 22% 20% 2012 2013 2014 2015 2016 | © SKY 2016 Annual General Meeting

  10. Slide 10: EBITDA

    EBITDA For personal use only 400.0 Millions 380.0 360.0 340.0 320.0 300.0 379.0 379.8 280.0 353.1 336.0 260.0 325.3 240.0 220.0 200.0 2012 2013 2014 2015 2016 | © SKY 2016 Annual General Meeting

  11. Slide 11: EBITDA (with merger costs)

    EBITDA For personal use only 400.0 Millions 380.0 360.0 338.7 340.0 Merger costs 320.0 300.0 379.0 379.8 280.0 353.1 336.0 260.0 325.3 240.0 220.0 200.0 2012 2013 2014 2015 2016 | © SKY 2016 Annual General Meeting

  12. Slide 12: Net Profit

    NET PROFIT For personal use only Millions 190.0 170.0 157.0 150.0 Merger costs 130.0 110.0 171.8 161.4 147.1 90.0 137.2 123.7 70.0 50.0 2012 2013 2014 2015 2016 | © SKY 2016 Annual General Meeting

  13. Slide 13: Funding Profile

    FUNDING PROFILE For personal use only FACILITY DRAWN MARGIN MATURITY Bank Debt $300m $50m 145bp Jul 2020 Bond - A $200m $200m 65bp Oct 2016 Fixed rate at Bond - B $100m $100m Mar 2021 6.25% | © SKY 2016 Annual General Meeting

  14. Slide 14: Total Disconnects

    TOTAL DISCONNECTS (WEEKLY FOR THE YEAR ENDING JUNE) 2012/13 For personal use only 4.5 2013/14 4.0 2014/15 3.5 2015/16 2016/17 3.0 2.5 2.0 1.5 Thousands 1.0 0.5 0.0 © SKY 2016 Annual General Meeting

  15. Slide 15: On Demand

    For personal use only ON DEMAND © SKY 2016 Annual General Meeting

  16. Slide 16: New SKY Box Rollout

    For personal use only New SKY BOX rollout 74% Completed | © SKY 2016 Annual General Meeting

  17. Slide 17: Connectivity on SKY Boxes

    CONNECTIVITY ON SKY BOXES For personal use only 35% 30% 25% 20% 15% 29% 10% 18% 5% 0% Feb 2016 Aug 2016 © Photosport.nz OLYMPICS 2016 Page 17 © SKY 2016 Annual General Meeting

  18. Slide 18: SKY's New World of Download Requests

    SKY’S NEW WORLD OF DOWNLOAD REQUESTS For personal use only 35 Millions 30 25 20 15 10 ON DEMAND 5 0 July 2015 August 2015 September October November December January February March 2016 April 2016 May 2016 June 2016 July 2016 August 2016 September 2015 2015 2015 2015 2016 2016 2016 Page 18 © SKY 201

  19. Slide 19: For personal use only

    For personal use only • 12 Channels of Olympic coverage on SKY SPORT • Up to 15 hours of near-live coverage on PRIME • Olympic Video Player Andrew Cornaga/www.photosport.co.nz • SKY NEXT Athletes © SKY 2016 Annual General Meeting

  20. Slide 20: Golf Coverage on SKY

    For personal use only GOLF COVERAGE ON SKY © SKY 2016 Annual General Meeting

  21. Slide 21: Football Coverage on SKY

    For personal use only FOOTBALL COVERAGE ON SKY © SKY 2016 Annual General Meeting

  22. Slide 22: For personal use only

    For personal use only © SKY 2016 Annual General Meeting

  23. Slide 23: Guidance

    GUIDANCE For personal use only SKY provided the following Prospective standalone forecast for FY17 in the EM; $ million 30-Jun-17 Revenue 920 Underlying EBITDA 305 EBITDA 296 Depreciation 101 EBIT 195 NPAT 125 Depreciation is now Forecast at $109.1 million (non-cash) FY17 Capex is in line with Forec

  24. Slide 24: For personal use only

    For personal use only © SKY 2016 Annual General Meeting

  25. Slide 25: Sky Television Annual General Meeting 2016

    For personal use only SKY TELEVISION ANNUAL GENERAL MEETING 2016

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