FY 2017 Investors’ Briefingdata-careers.abs-cbn.com.s3.amazonaws.com/investorrelations/152… · Total Philippines Urban Philippines Mega Manila Metro Manila HOMES (in Thousands)

FY 2017 Investors’ BriefingFinancial and Operating Results

March 23, 2018

Business SegmentsMedia Networks & Studio Entertainment Cable, Satellite & Broadband

Digital & Interactive Media Consumer Products & Experiences

- Pay TV (Cable & Satellite)

- Broadband

- Online- Mobile- Over-the-Top

- Live events- Themepark- Home shopping- ABS-CBN store- Licensing & merchandising

- Entertainment- News- Global- Film & Music- Radio- DTT- Sports- Cable channels- Publishing

2,545

3,525

3,164

2015 2016 2017

Net Income

7,940

9,853 9,626

2015 2016 2017

EBITDA

38,278

41,631 40,698

2015 2016 2017

Revenue

Consolidated FY 2017 Financial Results

- 2%

Net income attributable to Equity Holders of the Parent is P3.3B for 2017

- 2% - 10%

(In millions Php)

+ 9%

+ 24%+ 39%

7% 8% 8%21% 24% 24%Margins

21,265 23,650

21,098

1,664

1,984 2,697

15,349

15,996 16,902

2015 2016 2017

BY REVENUE CATEGORY

Advertising TV Plus - Sales Consumer

32,216 35,623 34,481

6,062

6,007 6,217

2015 2016 2017

BY GEOGRAPHICAL LOCATION

Domestic International

Consolidated FY 2017 Revenue

40,698

38%42%

57%52%

86% 85%

14%15%

41,631

38,278

40%

56%

40,69841,631

38,278

84%

16%

4%5%

6%

12,121 12,661 11,917

1,664 1,984 2,697

9,467 10,033 10,124

11,434 12,012 11,834

2015 2016 2017

GAEX TV Plus - COS Cost of Sales Production Cost

Consolidated FY 2017 Costs and Expenses

- 2%

+ 1%

- 6%

36,690 36,572 - %34,686

+ 5%

+ 6%

+ 4%

+ 6%

+ 19% + 36%

2016 2017 2016 2017 2016 2017

Media Networks & Studio Entertainment 31,315 29,465 4,108 3,564 4,267 3,642

Margin 13% 12% 14% 12%

Cable, Satellite & Broadband 8,761 9,124 70 123 40 86

Margin 1% 1% 0% 1%

Digital & Interactive Media 671 1,220 (634) (441) (428) (327)

Consumer Products & Experiences 883 889 (19) (82) 6 (67)

Totals 41,631 40,698 3,525 3,164 3,885 3,334

Net Income NI Attributable to Parent

Segment

Operating Revenue

Consolidated FY 2017 Segment Report

839

1,311

2,010

2015 2016 2017

Boxes Sold

Digital Terrestrial Television

• More than 4.3 million boxes sold as of December 2017

• Average of 167k boxes sold per month in 2017 and more than 2M boxes sold in 2017.

17 Sites Nationwide• Luzon

1. Quezon City2. Makati3. Mandaluyong4. Jala jala5. Bulacan, Guiguinto6. Bulacan, San Miguel7. Pampanga, San Fernando8. Cabanatuan9. Tarlac10. Laguna, San Pablo11. Cavite, Silang12. Baguio, Sto. Tomas

• Visayas13. Cebu14. Bacolod15. Iloilo

• Minadanao16. Davao17. Cagayan de Oro

Total

Philippines

Urban

Philippines

Mega

Manila

Metro

Manila

HOMES (in Thousands) 15,455 9,017 4,701 2,686

CABLE or DTT HOMES 24.0% 32.7% 41.9% 52.3%

Cabled Homes 18.1% 23.4% 25.6% 37.2%

DTT Homes 6.5% 10.3% 18.1% 17.5%

NON CABLE & NON DTT HOMES 76.0% 67.3% 58.1% 47.7%

Total

Philippines

Urban

Philippines

Mega

Manila

Metro

Manila

HOMES (in Thousands) 18,935 9,857 5,267 3,032

CABLE or DTT HOMES 36.7% 45.2% 63.3% 78.1%

Cabled Homes 23.8% 24.1% 27.5% 38.3%

DTT Homes 12.8% 21.0% 35.8% 39.8%

NON CABLE & NON DTT HOMES 64.5% 57.1% 40.8% 28.1%

DTT : Changing the distribution landscape

Total Philippines - Household Mix by Platform

Source: Kantar Media - January – December 2017- January – December 2016

Full Year 2017

Full Year 2016

Free-to-Air

Source: Kantar Media TV Ratings Measurement; January – December 2017

Total Day National Audience Share for 2017CHANNEL 2015 2016 2017

ABS-CBN 47.03 49.58 53.20 Channel 2 43.20 44.70 45.70

ABS-CBN S + A 3.30 3.14 1.58

Cinemo 0.21 0.83 3.22

Yey 0.12 0.54 2.29

Knowledge Channel 0.02 0.03 0.08

Teleradyo 0.18 0.35 0.34

GMA 35.50 33.80 33.50

TV 5 7.40 6.50 3.30

Other FTA 3.90 4.10 2.90

Other Cable 6.50 6.50 7.50

3941 42

37 3532

8 75

2015 2016 2017

Morning Block (6AM-12NN)

ABS-CBN GMA TV 5

53 52 52

31 33 32

7 7 6

2015 2016 2017

Primetime Block (6PM-12MN)

ABS-CBN GMA TV 5

44 46 45

37 3538

8 7 5

2015 2016 2017

Afternoon Block (3PM-6PM)

ABS-CBN GMA TV 5

4248 48

42

35 36

7 63

2015 2016 2017

Noontime Block (12NN-3PM)

ABS-CBN GMA TV 5

Channel 2 National Audience Share

ABS-CBN

GMA

TV5

Source: Kantar Media TV Audience Measurement – Total Homes, Total Philippines (Urban + Rural)January – December 2017; Period covered excludes Holy Week

3032

3538 34

28

96 5

2015 2016 2017

Morning Block (6AM-12NN)

ABS-CBN GMA TV 5

39 3841

39 4036

8 7 7

2015 2016 2017

Primetime Block (6PM-12MN)

ABS-CBN GMA TV 5

2933 35

4439 39

9 7 5

2015 2016 2017

Afternoon Block (3PM-6PM)

ABS-CBN GMA TV 5

2834 36

53

44 42

7 5 3

2015 2016 2017

Noontime Block (12NN-3PM)

ABS-CBN GMA TV 5

Channel 2 Mega Manila Audience Share

ABS-CBN

GMA

TV5

Source: Kantar Media TV Audience Measurement – Mega ManilaJanuary – December 2017; Period covered excludes Holy Week

3234

38

30 27

21

75

3

2015 2016 2017

Morning Block (6AM-12NN)

ABS-CBN GMA TV 5

43 4246

33 3429

7 6 6

2015 2016 2017

Primetime Block (6PM-12MN)

ABS-CBN GMA TV 5

3236

4037

3432

86

4

2015 2016 2017

Afternoon Block (3PM-6PM)

ABS-CBN GMA TV 5

3137

4046

3834

6 4 2

2015 2016 2017

Noontime Block (12NN-3PM)

ABS-CBN GMA TV 5

Channel 2 Metro Manila Audience Share

ABS-CBN

GMA

TV5

Source: Kantar Media TV Audience Measurement – Metro ManilaJanuary – December 2017; Period covered excludes Holy Week

RANK CHANNEL PROGRAM RATINGS

1 ABS-CBN FPJ'S ANG PROBINSYANO MON-FRI 38.6

2 ABS-CBN YOUR FACE SOUNDS FAMILIAR KIDS SUNDAY SUN 36.4

3 ABS-CBN YOUR FACE SOUNDS FAMILIAR KIDS SATURDAY SAT 35.0

4 ABS-CBN THE VOICE TEENS SUNDAY SUN 34.9

5 ABS-CBN THE VOICE TEENS SATURDAY SAT 33.9

6 ABS-CBN LA LUNA SANGRE MON-FRI 33.8

7-8 ABS-CBN TV PATROL WEEKDAY MON-FRI 31.3

7-8 ABS-CBN LITTLE BIG SHOTS SUNDAY SUN 31.3

9 ABS-CBN LITTLE BIG SHOTS SATURDAY SAT 30.9

10 ABS-CBN WANSAPANATAYM SUN 29.8

11 ABS-CBN MMK 25 SAT 29.6

12 ABS-CBN MY DEAR HEART MON-FRI 27.6

13 ABS-CBN MAGPAHANGGANG WAKAS MON-FRI 25.0

14 GMA ENCANTADIA MON-FRI 24.4

15 ABS-CBN HOME SWEETIE HOME SAT 24.2

16 ABS-CBN WILDFLOWER MON-FRI 23.8

17 ABS-CBN GOIN' BULILIT SUN 22.1

18 GMA PEPITO MANALOTO ANG TUNAY NA KUWENTO SAT 20.5

19 GMA 24 ORAS WEEKDAY MON-FRI 20.2

20 ABS-CBN 24 ORAS WEEKEND SATURDAY SAT 19.5

ABS-CBN leads in national ratings with shows dominating Top 20 spots in 2017

Source: Kantar Media TV Audience Measurement – Total HomesPeriod: January – December 2017

86

152

209

2015 2016 2017

Program Syndication

6,062 6,007 6,217

2015 2016 2017

Revenue

International

+ 3% + 38%

- 1%

+ 76%

TFC Channels

Programs distributed in 35 Territories

• TFC Viewership at 3.0 million level as of December 2017

ASIA AFRICA SOUTH AMERICA EUROPE

Malaysia Kenya Mexico Poland

Indonesia Uganda Peru Turkey

Brunei Zambia Colombia Romania

Fiji Tanzania

China Namibia

Singapore Ghana

Taiwan Nigeria

Cambodia Mauritius

Myanmar Seychelles

Vietnam Cameroon

Papua New Guinea Malawi

Sri Lanka Sierra Leone

Thailand Liberia

Kyrgyzstan Botswana

Kazakhstan

InternationalInternational Box Office Movies grossed over USD9.7M in 2017

CinematografoShowcasing the Filipino and Filipino-American talent in filmmaking alongside the best of the world

Narratives Documentaries Shorts

Star Cinema FilmsStar Cinema’s theatrical receipts grossed over 2.4 billion in 2017, capturing

76% of local Market Share

MusicTarsier Records set to targeting non-Filipino audience and making a difference

on all things millennially and digitally sound on the internet

797 757

119 399 207

208

2016 2017

Sky Subscribers

Cable DTH Broadband5,672 5,454 4,913

41 185

1,646 2,463 3,392

765

803 634

2015 2016 2017

Sky Revenues

Cable DTH Broadband Airtime and Misc

Cable, Satellite & Broadband

Total revenues grew by P363M or 4%

Our broadband and DTH and subscriber

base continue to expand year-on-year+ 4%

SKY subscribers exclusive offerings

+ 8%

(In millions Php)

(In thousands Php)8,7619,124

8,083

DigitalOnline platforms generated 660 million in revenues, 95% higher than 2016

Forged partnerships with NBA.com, Twitter Amplify

and CainCade

Top YouTube Publisher in the Philippines

Top Facebook page in the Media Category in the Philippines

Source: Tubular – Social Video Analytics and Video Intelligence Platform

Generated P528M in total revenues, with

339k attendance as of December 2017.

Consumer Products and Experiences

Our events brought the ABS-CBN experience closer to our

audiences, generating 1.1B total revenues

in 2017

Spent Php 7.9B out of the Php 8.0B budget for 2017;

Capital Expenditures

5,522

6,873

1,448 1,038

2,159 2,216

4,108 4,651

2016 2017

Program Rights Cable, Satellite & Broadband Digital initiatives, Maintenance & Others

+ 2%7,9057,715

Ratios 2015 2016 2017

Current 1.88 2.02 2.18

Debt-to-Equity 0.71 0.65 0.60

Net Debt-to-Equity 0.31 0.30 0.24

20,402 20,472 20,387

2015 2016 2017

Total Borrowings

28,715

31,692

33,711

2015 2016 2017

Equity

69,944

72,734

75,125

2015 2016 2017

Total Assets

Balance Sheet Highlights

Except for historical and operating data and other information of historical matters, the statementscontained herein are “forward-looking statements”. The words “believe”, “intend”, “plan”, “anticipate”,“continue”, “estimate”, “expect”, “may”, “will” or other similar words are frequently used to indicate theseforward looking statements. Any such forward-looking statement is not a guarantee of future performanceand involves a number of known and unknown risks, uncertainties and other factors that could cause theactual performance, financial condition or results of operation of ABS-CBN to be materially different fromany future performance, financial condition or results of operation implied by such forward-lookingstatement.