Half year report december 2002 19 february 2003
This presentation is the property of its rightful owner.
Sponsored Links
1 / 24

Half Year Report December 2002 19 February 2003 PowerPoint PPT Presentation


  • 84 Views
  • Uploaded on
  • Presentation posted in: General

Half Year Report December 2002 19 February 2003. Subscriber Count. Total Revenue. CAGR 16%. $345. Pay Television Penetration. Australia22% France 32% New Zealand37% United Kingdom41% Finland45% Germany 70% Switzerland 83% United States85%

Download Presentation

Half Year Report December 2002 19 February 2003

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Half year report december 2002 19 february 2003

Half Year ReportDecember 200219 February 2003


Subscriber count

Subscriber Count


Total revenue

Total Revenue

CAGR 16%

$345


Pay television penetration

Pay Television Penetration

  • Australia22%

  • France 32%

  • New Zealand37%

  • United Kingdom41%

  • Finland45%

  • Germany 70%

  • Switzerland 83%

  • United States85%

  • BeNeLux95%


Half year report december 2002 19 february 2003

Moving Annual Gross Churn


Half year report december 2002 19 february 2003

Subscriber Churn


Average revenue per unit arpu

Average Revenue per Unit (ARPU)


Average revenue per unit arpu1

Average Revenue per Unit (ARPU)


Skybet

SkyBet

SKY Bet


Advertising revenue

Advertising Revenue

CAGR 22%

$16.5


The effect of rugby

2000

2002

2001

Tri Nations Rugby Live

Tri Nations Rugby Live

Inter Rugby Live

Tri Nations Live

Inter Rugby Live

Super 12 Final Live

Inter Rugby Live

Super 12 Rugby Live

Super 12 Rugby Live

Inter Rugby Live

Tri Nations Rugby Live

Tri Nations Rugby Live

NPC Rugby Live

Bledisloe Cup Live

Super 12 Live

NPC Rugby Live

International Rubgy Live

NPC Rugby Live

Tri Nations Live

NPC Rugby Live

Tri Nations Rugby Live

NRL Pre Final

NRL Final Live Live

Tri Nations Live

Tri Nations Live

Inter Rugby Live

Inter Rugby Live

NPC Final Live

Super 12 Final Live

Inter Rugby Live

The Effect of Rugby

SKY’s Top Ten Rating Programmes in SKY Homes (%)

Source: AC Neilson McNair


Programming costs as a percentage of revenue

Programming Costsas a percentage of revenue

49%


Half year report december 2002 19 february 2003

Monthly Closes

NZ$/US$ (Dec'84-Dec'02)

Source: Reuters


Ebitda

EBITDA

CAGR 16%

$108.2


Net profit loss

Net Profit/(Loss)

-$30.2


Subscriber growth

‘000

2001

2002

% Change

UHF Residential

138.6

121.6

(12%)

DBS Residential

267.1

310.3

16%

DBS Wholesale

30.4

77.2

154%

Commercial

6.7

7.6

13%

Total Subscribers

442.8

516.7

17%

Subscriber Growth


Results summary

Results Summary


Expense analysis

$ million

2001

2002

% Change

Programming

80.9

78.9

(2.5%)

Subscriber Management

6.2

6.1

(0.2%)

Transmission

3.4

3.5

1.7%

Selling, General & Administration

24.2

23.9

(1.3%)

Depreciation & Amortisation

54.4

60.9

12%

Total Operating Expenses

169.1

173.3

2.5%

Expense Analysis


Free cash flow

$ million

2001

2002

% Change

Net Operating Cash Flow

42.5

70.7

66.4%

Net Investing Cash Flows

(59.6)

(59.5)

(0.2%)

Free Cash Flow

(17.1)

11.2

166%

Free Cash Flow


Foreign currency hedging

Foreign Currency Hedging

49% hedged for 0-12 months $US exposures @ .4354

21% hedged for 12-24 months $US exposures @ .4303

97% hedged for 0-12 months $A exposures @.8506

0% hedged for 12-24 months $A exposures

average payment rate for 6 mths to Dec 02 - 44.5c


Capital expenditure excluding transponders

Capital Expenditure (excluding Transponders)

$107.9


Average direct install costs

Average Direct Install Costs


Inventory levels

Inventory Levels


  • Login