Cablevision Holding Sa Class B · BCBA:CVH
Cablevision Holding Sa Class B — FY2021 Earnings Presentation
19 slides from Cablevision Holding Sa Class B's earnings presentation, Mar 14, 2022
Slide 1: Please consider the environment printing this presentation
Please consider the environment printing this presentation
Slide 2: Results FY and 4Q21 – Disclaimer
Results — March 14th, 2022 FY and 4Q21 Disclaimer CYH The information contained herein has been prepared by Cablevisién Holding S.A. (“CVH") solely for use at this presentation. The information herein is only a summary and does not purportto be complete. This presentation is strictly confidential an
Slide 3: Argentina & Company - Latest Events
Argentina & Company - Latest Events Income Statement & Operating Results Financial Debt Q &A Session
Slide 4: FY and 4Q21 Results Highlights
FY and 4Q21 Resu Highlights CVH We ended the year with a positive Net Income. Net income attributable to equity shareholders amounted to ARS 3.7 Bn We collected dividends in-kind from our subsidiaries for an equivalent to ~USD78MM We applied the bonds collected to pay dividends in-kind to our shareh
Slide 5: Change of Control Tender Offer (TO)
FY and 4Q21 Results — Ma Change of Control Tender Offer (TO) CVH Regulatory Framework Tender Offer Judicial Proceedings o On January 1, 2018, CVH became the controlling shareholder of Telecom. o On May 11, 2018, a new Capital Markets Law was issued by the Argentine Congress. o On December 28, 2018,
Slide 6: Regulatory framework
Regulatory framework @ 208 CYH Decree Mobile, Fixed Voice, Broadband and Cable TV services declared as public 690/2020 essential services oICT prices frozen until December 31, 2020 August 2020 o ENACOM as enforcement agency with supervisory power over Telcos’ prices in the country. o Special tariff
Slide 7: Macroeconomic Environment
Y and Macroeconomic Environment Key Indicators GDP Argentina and Region“ External and Fiscal Balances®) Rebased 1VQ’17=100 As % GDP — Primary Fiscal Balance 5 — Argentina — Chile — Current Account Balance 0.9% ges — Brazil — Uruguay 109,6 Flam 0.4% 102.4 Fed 2.3% 100,0 100.5 #: 2.7% -2.7% 58 == = ao
Slide 8: Income Statement & Operating Results
Argentina & Company - Latest Events Income Statement & Operating Results Financial Debt Q &A Session
Slide 9: December'20-December'21 inflation rate: 50.9%
34.0% 31.1% December’20-December’21 inflation rate: 50,9%
Slide 10: December'20-December'21 inflation rate: 50.9%
28.6% 26.9% December’20-December’21 inflation rate: 50,9%
Slide 11: Revenue Breakdown & KPI – Mobile services
Revenue Breakdown & KPI CYH Mobile services Exhibit 9: Mobile Services Revenues Exhibit 10: Mobile Personal) personal AR$ Bn ARPU in AR$ and churn (%) [ 5 38,910 2.2% o; 37,152 a 38% BN pomstatana 12385. 1as Adjustment 11% | 13.095 : 658 37.672 617 4Q20 4Q21 FY20 FY21 5 Exhibit 11: Mobile Personal C
Slide 12: Revenue Breakdown & KPI – Fixed services
FY and 4Q21 Results — March 14th, 2022 Revenue Breakdown & KPI Fixed services telecom 13% $e personal 2% flow 19% Gd Exhibit 16: BB ARPU and Churn Exhibit 14: Fixed Services Revenues AR$ Bn IAS Adjustment Broadband ! 21.757! iF 1 14.440 Fixed Tel & Data 9.711 Pay TV 4Q20 4Q21 Exhibit 17: Pay TV and
Slide 13: Price Increases as of January 2022
Price Increases as of January 2022 Exhibit 19: BB ARPU in Historical Figures flow G fg 13% CYH +15% Premium Exhibit 20: Pay TV ARPU in Historical Figures ARPU in ARS _, ARPU in ARS a _, 5 57% 23% +43% +4% ms 1.358 1.341 1.544 1.628 1.472. 1.517 1.624 1.692 “] a a L a 7 a a a | | _ a 1Q21 2Q21 3Q21 4
Slide 14: Income Statement – 4Q21 Expenses Breakdown
Income Statement 4Q21 Expenses Breakdown Exhibit 23: 4Q21 Expenses Breakdown % yoy, AR$ MM m Employee benefit expenses and severance payments m Fees for Services, Maintenance, Materials and Supplies m Taxes and Fees with the Regulatory Authority m= Programming and Content Costs = Commissions and Adv
Slide 15: Income Statement – 4Q21 & 4Q20 yoy figures
Y and 4Q2 Income Statement 4Q21 & 4Q20 yoy figures Exhibit 24: EBITDA Evolution % yoy, AR$ MM 30,170 1.820 A 4Q21 vs 4Q20 EBITDA Margin’ 7 A (14.6%) 927 27,600 aang a 13% ——— a EBITDA Revenues Revenues From Cost of Employee Commissions Taxes and Other Programming Fees for Interconnection EBITDA. 4Q2
Slide 16: 2.2 2.0 1.6 1.1 0.8 2017 2018 2019 2020 2021
2.2 2.0 1.6 1.1 0.8 2017 2018 2019 2020 2021
Slide 17: Financial Debt
Argentina & Company - Latest Events Income Statement & Operating Results Financial Debt Q &A Session 17
Slide 18: CVH Consolidated Financial Debt
CVH Consolidated Financial Debt CYH Exhibit 27: CVH Consolidated Debt Profile as of December 31, 2021 Us$ MM 2,549 lars Micny MBusp Hicua 495 449 474 BEB 497 188 138 92 247 307 297 347 283 45) 39 19 Ops 13 iE Ts 13 13 P 20m 198 2022 2023 2024 2025 2026 2027 2028 2031 Total Exhibit 28: CVH Consolidat
Slide 19: Q&A Session
Argentina & Company - Latest Events Income Statement & Operating Results Financial Debt Q &A Session 19