GMA - Presentation Materials 1Q 2015

1st Quarter 2015
GMA Network, Inc.
May 14, 2015
1 RATINGS UPDATE
1st Quarter 2015 Audience Shares
39.8
38.0 34.0 33.9 29.9
26.5
9.4
Mega Manila
10.4
9.1
Urban Luzon
GMA
ABS
TV5
NUTAM
Effective January 2015, Mega Manila and Urban Luzon account for 59% and
around 77% of all Urban TV Households, respectively
Based on Total Day (6am -12mn) - Households in TV Homes
Source: Nielsen Phils TAM (Arianna)
2 RATINGS UPDATE
Battle for Greatness Pacquiao-Mayweather
Main Event
54.1
51.5
47.4
31.5
27.0
24.1
6.3
Mega Manila
6.9
6.2
Urban Luzon
GMA
Based on Households in TV Homes – Main Event (12:02 pm – 2:57 pm)
May 3, 2015 data based on overnight ratings
Source: Nielsen Phils TAM (Arianna)
ABS
NUTAM
TV5
3 Building a Global Brand...
•  gmanetwork.com, the home of GMA News
Online, emerged as the #1 Philippine website
in the world and was the top news source for
the Battle for Greatness
•  gmanetwork.com posted a total of 8,975,645
page views, leading ABS-CBN News’
8,261,421
•  GMA News Sports was also the most viewed
local sports site with 6,193,140 page views,
followed by ABS-CBN News Sports
with 3,513,124 views
SOURCE: EFFECTIVE MEASURE May 3, 2015 data 4 Building a Global Brand...
GMA’s official Entertainment website (gmanetwork.com/
entertainment) experienced the highest relative growth
among local entertainment websites by the end of Q1:
PAGEVIEWS 1,310% UNIQUE BROWSERS 1,025% SOURCE: EFFECTIVE MEASURE 5 Building a Global Brand...
GMA News Online (gmanetwork.com/news) also posted
significant growth in terms of pageviews and unique
browsers, driving the increase in the Portal’s traffic:
PAGEVIEWS 72% UNIQUE BROWSERS 158% SOURCE: EFFECTIVE MEASURE 6 Building a Global Brand ...
•  Facebook fans up 92.13%
•  Twitter followers up 51.26%
•  Most-followed Philippine news
organization on Twitter (2.9 million
followers)
•  Facebook page (4.69 million likes) is
among the top pages in the country
•  Top news organization on Viber
(114,000 users following its public chat)
7 Building a Global Brand ...
4%YoY
Almost 281,000 subscriptions as of March 2015
8%YoY
Almost 94,000 subscriptions as of March 2015
International Pay TV Channels
47%YoY
Almost 24,000 subscriptions as of March 2015
4%YoY
Over 39,000 subscriptions as of March 2015
8 Building a Global Brand...
Program Syndication and Licensing
Selected 1Q 2015 Deals
Cambodia
Sold Free TV Rights of With A Smile
Vietnam
Sold Free and Basic Pay TV Rights of Basahang Ginto, Adarna, Villa Quintana and Carmela
Malaysia, Singapore and Brunei
Sold Basic Pay TV Rights of Unforgettable, Anna Karenina and Forever
Brunei
Sold Free TV Rights of Magkano ba Ang Pag-ibig?
Malaysia
Sold Free TV Rights of Carmela and The Borrowed Wife
Myanmar
Sold Free TV Rights of Kahit Nasaan Ka Man and Kambal Sirena
Thailand
Sold Free TV Rights of My Husband’s Lover, One True Love, Kung Aagawin Mo Ang Langit, Una Kang Naging
Akin, My Lover My Wife, Sana ay Ikaw Na Nga, Carmela, Rhodora X, Ang Dalawang Mrs. Real, My Destiny
and Hiram na Alaala
Nigeria
Sold Basic Pay TV Rights of Kung Aagawin Mo Ang Lahat Sa Akin
Hawaii
Sold Free TV Rights of Legacy
Worldwide
Various News Footage
Consolidated Financial Report
For the First Quarter Ended March 31, 2015
GMA Network, Inc.
May 14, 2015
CONSOLIDATED REVENUES
For the Three Months Ended March 31, 2015 and 2014
(In Millions PhP)
•  Revenues increased by 5% vs. Q1 ‘14.
4,000
3,006
3,000
2,851
Airtime
revenues
2,000
2,711
2,542
1,000
0
294
309
3M '15
3M '14
+7%
Subscription and
others
-5%
Total
Revenues
+5%
AIRTIME REVENUES
For the Three Months Ended March 31, 2015 and 2014
(In Millions PhP)
3M ‘15
3M ‘14
Inc (Dec)
2,545
2,406
6%
69
59
17%
98
77
26%
2,711
2,542
7%
TV
Channel 7/RTV
Channel 11 (GNTV)
Radio
Airtime Revenues
SUBSCRIPTION AND OTHER REVENUES
For the Three Months Ended March 31, 2015 and 2014
(In Millions PhP)
International
3M ‘15
3M ‘14
Inc (Dec)
247
258
-4%
48
51
-6%
294
309
-5%
Subsidiaries and others
Total Subscriptions and Others
** Subscriber count
3M ‘15
3M ‘14
Inc (Dec)
GPTV
280,914
271,194
4%
GLTV
93,820
86,960
8%
CONSOLIDATED OPERATING EXPENSES
For the Three Months Ended March 31, 2015 and 2014
(In Millions PhP)
* Total OPEX of P2,432 million inched up by only 3% YoY.
3,000
2,000
2,432
2,363
1,105
1,089
1,000
1,327
55%
1,274
0
3M '15
3M '14
54%
GAEX
+1%
Prod costs
+4%
FINANCIAL HIGHLIGHTS
For the Three Months Ended March 31, 2015 and 2014
(In Millions PhP)
EBITDA and Net Income both sealed the quarter with double-digit improvements.
EBITDA was up by 20% vs. Q1 2014. Net Income increased by 25%.
8,000
6,000
3,006
2,851
4,000
2,432
2,000
0
2,363
986
408
823
326
3M '15
3M '14
Revenues
+5%
Expenses
+3%
EBITDA
+20%
Net Income +25%
CAPITAL EXPENDITURES
(In Millions PhP)
Capital Expenditures amounted to P309M as of March 31, 2015.
934
1000
900
800
700
500
400
896
832
956
673
600
300
428
200
564
309
100
0
2008
2009
2010
REMAINING
625
600
2011
2012
2013
2014
2015
3M
CONSOLIDATED BALANCE SHEETS
(In Millions PhP)
Current Assets
Current Liabilities
15,000
15,000
10,000
5,000
0
8,810
7,888
Current Ratio
3M '14
2.00
1.00
Total Assets
0.00
15,000
10,000
1.58
3M '15
2.15
5,589
0
3M '15
Total Liabilities
3M '14
3,664
3M '14
Equity
15,000
14,490
13,798
5,000
0
5,000
3.00
3M '15
10,000
10,000
5,000
3M '15
3M '14
0
7,426
7,064
3M '15
9,152
4,647
3M '14
Thank you!
Kapuso ng pamilyang Pilipino,
anumang kulay ng buhay.