Notes to the annual financial statements COPY TO FOLLOW. MTN Group Limited. Results presentation for the year ended 31 December 2017
|
|
|
- Rudolph Woods
- 5 years ago
- Views:
Transcription
1 Notes to the annual financial statements COPY TO FOLLOW MTN Group Limited Results presentation for the year ended 31 December 2017 MTN Group Limited Financial results for the year ended 31 December
2 to brighter lives Contents 1 Results presentation 43 Appendices 53 Data sheets * Constant currency information after taking into account the impact of the pro forma adjustments as defined ** Reported # Based on our new modernised definitions Organic revenue adjusts for prior year acquisitions, disposals and alignment of post-paid carry over rules Service revenue excludes device and sim card revenue Adjusted free cash flow = EBITDA less capex Note: Certain financial information presented in these consolidated annual financial results constitutes pro forma financial information. The pro forma financial information is the responsibility of the group s board of directors and is presented for illustrative purposes only. Because of its nature, the pro forma financial information may not fairly present MTN s financial position, changes in equity, and results of operations or cash flows. The forward looking financial information incorporated in these consolidated financial results; has not been audited or reviewed or otherwise reported on by our external joint auditors. An assurance report has however been prepared and issued by our joint auditors PricewaterhouseCoopers Inc. and SizweNtsalubaGobodo Inc. in respect of the pro forma financial information included in this announcement that is available for inspection at the registered office of the company. 1. The financial information presented in these consolidated financial results has been prepared excluding the impact of hyperinflation and the relating goodwill and asset impairments, tower profits (including the profit realised on the exercise of the IHS exchange right whereby the group s interest in the Nigeria tower company was exchanged for additional shareholding in IHS Holding Limited), the loss on derecognition of the long-term loan receivable from IHS, the Nigerian regulatory fine (consisting of the re-measurement impact when the settlement was entered into and the finance costs recognised as a result of the unwind of the initial discounting of the liability) and IFRS 2 share-based payment expense related to Zakhele Futhi ( the pro forma adjustments ) and constitutes pro forma financial information to the extent that it is not extracted from the segment disclosure included in the audited consolidated financial statements for the year ended 31 December This pro forma financial information has been presented to eliminate the impact of the pro forma adjustments from the consolidated financial results in order to achieve a comparable analysis year on year. The pro forma adjustments have been calculated in terms of the group accounting policies disclosed in the consolidated financial statements for the year ended 31 December Constant currency information has been presented to illustrate the impact of changes in currency rates on the group s results. In determining the change in constant currency terms, the current financial reporting period s results have been adjusted to the prior period average exchange rates determined as the average of the monthly exchange rates. The measurement has been performed for each of the group s currencies, materially being that of the US dollar and Nigerian naira. The constant currency growth percentage has been calculated based on the current year constant currency results compared to the prior year results. In addition, in respect of MTN Irancell, MTN Sudan, MTN South Sudan and MTN Syria, the constant currency information has been prepared excluding the impact of hyperinflation. Hyperinflation accounting was discontinued for MTN Irancell and MTN Sudan on 1 July 2015 and 1 July 2016 respectively. The economy of South Sudan was assessed to be hyperinflationary effective 1 January 2016, and hyperinflation accounting was applied from December 2016 onwards. The group s results are presented in line with the group s operational structure. This is South Africa, Nigeria, Southern and East Africa and Ghana (SEAGHA), West and Central Africa (WECA) and Middle East and North Africa (MENA) and their respective underlying operations. The SEAGHA region includes Ghana, Uganda, Zambia, Rwanda, South Sudan, Botswana (joint venture-equity accounted), Swaziland (joint venture-equity accounted) and Business Group. The WECA region includes Cameroon, Ivory Coast, Benin, Congo Brazzaville, Liberia, Guinea Conakry and Guinea Bissau. The MENA region includes Iran (joint venture-equity accounted), Syria, Sudan, Yemen, Afghanistan and Cyprus. Although Iran, Botswana and Swaziland form part of their respective regions geographically and operationally, they are excluded from their respective regional results because they are equity accounted for by the group.
3 Results presentation Results presentation for the year ended 31 December 2017
4 Notes 02 MTN Group Limited Financial results for the year ended 31 December 2017
5 Notes MTN Group Limited Financial results for the year ended 31 December
6 Notes 04 MTN Group Limited Financial results for the year ended 31 December 2017
7 Notes MTN Group Limited Financial results for the year ended 31 December
8 Notes 06 MTN Group Limited Financial results for the year ended 31 December 2017
9 Notes MTN Group Limited Financial results for the year ended 31 December
10 Notes 08 MTN Group Limited Financial results for the year ended 31 December 2017
11 Notes MTN Group Limited Financial results for the year ended 31 December
12 Notes 10 MTN Group Limited Financial results for the year ended 31 December 2017
13 Notes MTN Group Limited Financial results for the year ended 31 December
14 Notes 12 MTN Group Limited Financial results for the year ended 31 December 2017
15 Notes MTN Group Limited Financial results for the year ended 31 December
16 Notes 14 MTN Group Limited Financial results for the year ended 31 December 2017
17 Notes MTN Group Limited Financial results for the year ended 31 December
18 Notes 16 MTN Group Limited Financial results for the year ended 31 December 2017
19 Notes MTN Group Limited Financial results for the year ended 31 December
20 Notes 18 MTN Group Limited Financial results for the year ended 31 December 2017
21 Notes MTN Group Limited Financial results for the year ended 31 December
22 Notes 20 MTN Group Limited Financial results for the year ended 31 December 2017
23 Notes MTN Group Limited Financial results for the year ended 31 December
24 Notes 22 MTN Group Limited Financial results for the year ended 31 December 2017
25 Notes MTN Group Limited Financial results for the year ended 31 December
26 Notes 24 MTN Group Limited Financial results for the year ended 31 December 2017
27 Notes MTN Group Limited Financial results for the year ended 31 December
28 Notes 26 MTN Group Limited Financial results for the year ended 31 December 2017
29 Notes MTN Group Limited Financial results for the year ended 31 December
30 Notes 28 MTN Group Limited Financial results for the year ended 31 December 2017
31 Notes MTN Group Limited Financial results for the year ended 31 December
32 Notes 30 MTN Group Limited Financial results for the year ended 31 December 2017
33 Notes MTN Group Limited Financial results for the year ended 31 December
34 Notes 32 MTN Group Limited Financial results for the year ended 31 December 2017
35 Notes MTN Group Limited Financial results for the year ended 31 December
36 Notes 34 MTN Group Limited Financial results for the year ended 31 December 2017
37 Notes MTN Group Limited Financial results for the year ended 31 December
38 Notes 36 MTN Group Limited Financial results for the year ended 31 December 2017
39 Notes MTN Group Limited Financial results for the year ended 31 December
40 Notes 38 MTN Group Limited Financial results for the year ended 31 December 2017
41 Notes MTN Group Limited Financial results for the year ended 31 December
42 Notes 40 MTN Group Limited Financial results for the year ended 31 December 2017
43 Notes MTN Group Limited Financial results for the year ended 31 December
44 Notes 42 MTN Group Limited Financial results for the year ended 31 December 2017
45 Appendices
46 Notes 44 MTN Group Limited Financial results for the year ended 31 December 2017
47 Notes MTN Group Limited Financial results for the year ended 31 December
48 Notes 46 MTN Group Limited Financial results for the year ended 31 December 2017
49 Notes MTN Group Limited Financial results for the year ended 31 December
50 Notes 48 MTN Group Limited Financial results for the year ended 31 December 2017
51 Notes MTN Group Limited Financial results for the year ended 31 December
52 Notes 50 MTN Group Limited Financial results for the year ended 31 December 2017
53 Notes MTN Group Limited Financial results for the year ended 31 December
54 Notes 52 MTN Group Limited Financial results for the year ended 31 December 2017
55 Data sheets Data sheets
56 MTN Group Limited Results for the year ended 31 December 2017 ARPU (US dollar) Country 1Q16 2Q16 3Q16 4Q16 South Africa 5,29 5,47 6,31 6,69 Nigeria 5,40 5,09 3,38 3,52 SEAGHA Ghana 3,13 3,19 3,23 3,27 Uganda 2,49 2,25 2,23 2,30 Rwanda 2,01 1,93 1,95 1,87 Zambia 2,45 2,63 2,82 2,60 South Sudan 2,06 1,50 1,24 1,95 Botswana (joint venture) 5,45 5,67 6,33 6,74 Swaziland (joint venture) 5,60 6,11 7,41 7,77 WECA Cameroon 3,37 3,29 3,36 3,38 Ivory Coast 4,55 4,63 4,76 4,51 Benin 5,94 5,95 5,87 5,92 Conakry 1,70 1,83 2,06 2,02 Congo B 8,22 8,66 8,01 7,35 Liberia 3,73 3,51 3,34 3,45 Bissau 3,24 4,11 3,94 3,52 MENA Iran (joint venture) 3,73 3,99 4,02 3,94 Syria 2,09 1,80 2,16 2,02 Sudan 2,83 2,90 3,12 3,41 Yemen 4,10 3,71 3,69 3,24 Afghanistan 1,92 1,84 2,01 1,92 Cyprus 18,51 19,33 19,68 17,53 54 MTN Group Limited Financial results for the year ended 31 December 2017
57 Data sheets Modernised 1Q17 2Q17 3Q17 4Q17 6,34 6,51 6,69 7,12 3,60 3,61 4,31 4,24 2,87 3,67 3,73 4,05 2,11 2,06 2,14 2,32 1,74 2,03 2,45 2,46 2,27 2,68 3,05 3,14 1,84 2,19 2,27 3,14 6,17 6,70 6,50 7,60 7,75 7,72 7,28 7,98 2,98 3,17 3,40 4,32 4,33 4,35 3,99 4,17 5,30 5,09 4,99 4,68 2,16 2,24 2,21 2,12 6,51 7,43 6,78 5,72 2,44 2,59 2,44 3,88 3,48 4,62 3,90 3,78 3,86 3,84 4,35 4,87 1,96 1,98 2,15 2,29 3,59 3,76 3,92 2,79 3,17 3,29 3,11 2,34 1,52 1,72 1,84 1,73 17,10 20,07 18,62 19,53 MTN Group Limited Financial results for the year ended 31 December
58 MTN Group Limited continued Results for the year ended 31 December 2017 ARPU (Local currency) Country 1Q16 2Q16 3Q16 4Q16 South Africa 82,59 81,42 89,95 92,11 Postpaid 152,19 149,73 175,23 162,14 Postpaid (excluding telemetry) 265,57 263,97 312,01 290,88 Prepaid 68,30 67,15 72,00 77,54 Nigeria 1 078, , , ,02 SEAGHA Ghana 12,17 12,28 12,73 13,66 Uganda 8 462, , , ,82 Rwanda 1 487, , , ,62 Zambia 27,47 26,89 28,09 25,38 South Sudan 55,11 55,05 70,22 145,63 Botswana (joint venture) 61,00 63,00 67,00 71,31 Swaziland (joint venture) 88,00 91,00 105,54 106,95 WECA Cameroon 2 052, , , ,88 Ivory Coast 2 771, , , ,18 Benin 3 616, , , ,94 Conakry , , , ,40 Congo B 4 926, , , ,24 Liberia 3,73 3,51 3,34 3,45 Bissau 1 978, , , ,85 MENA Iran (joint venture) , , , ,00 Syria 767,08 865, , ,44 Sudan 17,23 17,69 19,05 22,04 Yemen 880,20 904,79 921,50 810,82 Afghanistan 131,93 126,34 135,98 128,59 Cyprus 16,93 17,15 17,41 16,20 56 MTN Group Limited Financial results for the year ended 31 December 2017
59 Data sheets Modernised 1Q17 2Q17 3Q17 4Q17 84,79 85,24 88,12 96,80 147,05 148,97 149,70 160,42 264,52 268,57 272,40 296,90 72,06 72,32 75,87 82, , , , ,52 12,90 15,92 16,45 18, , , , , , , , ,71 21,80 24,54 27,82 31,45 198,44 257,39 267,73 393,34 64,65 69,00 69,00 76,26 102,69 101,16 95,89 108, , , , , , , ,02 2,355, , , , , , , , , , , , ,45 2,44 2,59 2,44 3, , , , , , , , , , , , ,76 24,00 25,13 26,18 29,91 793,79 824,79 843,85 912,72 102,76 117,50 126,09 118,75 16,08 16,03 15,83 16,53 MTN Group Limited Financial results for the year ended 31 December
60 MTN Group Limited continued Results for the year ended 31 December 2017 MTN GROUP SUBSCRIBERS INCLUDING WIMAX ( 000) Country 1Q16 2Q16 3Q16 4Q16 South Africa Postpaid Prepaid Nigeria SEAGHA Ghana Uganda Rwanda Zambia South Sudan Botswana Swaziland WECA Cameroon Ivory Coast Benin Conakry Congo B Liberia Bissau MENA Iran (joint venture) Syria Sudan Yemen Afghanistan Cyprus Total subscribers MTN Group Limited Financial results for the year ended 31 December 2017
61 Data sheets Modernised 1Q17 2Q17 3Q17 4Q MTN Group Limited Financial results for the year ended 31 December
62 MTN Group Limited continued Results for the year ended 31 December 2017 REVENUE (Rm) Country 1H17 2H South Africa (opco) Nigeria SEAGHA Ghana Uganda Rwanda Zambia South Sudan Business Group WECA Cameroon Ivory Coast Bissau Conakry Congo B Liberia Benin MENA Syria Sudan Yemen Afghanistan Cyprus Joint ventures Iran Botswana Swaziland Equity accounting exclusion (8 596) (9 334) (17 930) Head office companies and eliminations (32) (4) (36) Total Hyperinflation Total Including hyperinflation Note: Realigned to reflect the segments reallocated. 60 MTN Group Limited Financial results for the year ended 31 December 2017
63 Data sheets 1H16 2H Reported % Constant currency % ,0 3, (23,6) 11, (1,8) 17, ,9 23, (5,0) 10, (7,2) 8, ,2 1, (20,1) 127, (12,0) (6,8) (9,9) (2,8) (13,2) (6,6) ,4 11, ,7 10, (9,7) 0, (22,3) (15,7) (34,7) (28,1) (13,5) (6,9) (11,0) 7, (5,5) 14, (1,0) 25, (29,6) (9,2) (19,0) (11,0) ,0 9, (0,2) 17, ,2 9, ,5 2,5 (9 016) (8 885) (17 901) (9,9) 6, (10,2) 5,9 MTN Group Limited Financial results for the year ended 31 December
64 MTN Group Limited continued Results for the year ended 31 December 2017 REVENUE BREAKDOWN (Rm) Country 1H17 2H South Africa (opco) Outgoing voice (1) Incoming voice (2) Data (3) Digital SMS Devices Wholesale (4) Other Revenue Nigeria Outgoing voice (1) Incoming voice (2) Data (3) Digital SMS Devices Wholesale (4) Other Revenue Ghana Outgoing voice (1) Incoming voice (2) Data (3) Digital SMS Devices Wholesale (4) Other Revenue Not adjusted for postpaid carry-over rules. (1) Definition refined to exclude international roaming. (2) Definition refined to include international roaming and exclude wholesale. (3) Data includes access data, ISP and EBU access data. (4) Includes wholesale voice, data, SMS, leased lines and BTS rentals. 62 MTN Group Limited Financial results for the year ended 31 December 2017
65 Data sheets 1H16 2H Reported % Constant currency % (12,5) (12,5) ,6 4, ,0 25, ,3 22, (19,6) (19,6) ,7 1, ,4 13, (16,8) (16,8) ,0 3, (26,2) 7, (28,7) 5, ,2 86, (35,7) (3,5) (20,4) 15, ,6 89, (40,7) (11,9) (37,2) (10,3) (23,6) 11, (8,7) 11, (22,3) (4,4) ,3 50, ,6 37, , ,2 32, (41,4) (27,6) ,2 106, ,9 23,3 MTN Group Limited Financial results for the year ended 31 December
66 MTN Group Limited continued Results for the year ended 31 December 2017 REVENUE BREAKDOWN (Rm) Country 1H17 2H Uganda Outgoing voice (1) Incoming voice (2) Data (3) Digital SMS Devices Wholesale (4) Other Revenue Cameroon Outgoing voice (1) Incoming voice (2) Data (3) Digital SMS Devices Wholesale (4) Other Revenue Ivory Coast Outgoing voice (1) Incoming voice (2) Data (3) Digital SMS Devices Wholesale (4) Other Revenue (1) Definition refined to exclude international roaming. (2) Definition refined to include international roaming and exclude wholesale. (3) Data includes access data, ISP and EBU access data. (4) Includes wholesale voice, data, SMS, leased lines and BTS rentals. 64 MTN Group Limited Financial results for the year ended 31 December 2017
67 Data sheets 1H16 2H Reported % Constant currency % (6,3) 8, (23,8) (11,7) ,1 41, ,2 16, (30,9) (20,0) (44,8) (34,3) (10,2) 5, , (5,0) 10, (21,2) (14,9) (16,3) (9,5) ,7 21, ,4 27, (8,9) (1,8) ,1 11, (6,5) 0, (13,2) (6,6) (2,1) 5, (12,9) (7,1) ,1 87, ,7 32, (1,1) 5, (52,5) (48,5) ,3 26, ,8 56, ,4 11,0 MTN Group Limited Financial results for the year ended 31 December
68 MTN Group Limited continued Results for the year ended 31 December 2017 REVENUE BREAKDOWN (Rm) Country 1H17 2H Syria Outgoing voice (1) Incoming voice (2) Data (3) Digital SMS Devices Wholesale (4) Other Revenue Hyperinflation Revenue including hyperinflation Sudan Outgoing voice (1) Incoming voice (2) Data (3) Digital SMS Devices Wholesale (4) Other Revenue Hyperinflation Revenue including hyperinflation Iran (49%) Outgoing voice (1) Incoming voice (2) Data (3) Digital SMS Devices Wholesale (4) Other Revenue (1) Definition refined to exclude international roaming. (2) Definition refined to include international roaming and exclude wholesale. (3) Data includes access data, ISP and EBU access data. (4) Includes wholesale voice, data, SMS, leased lines and BTS rentals. 66 MTN Group Limited Financial results for the year ended 31 December 2017
69 Data sheets 1H16 2H Reported % Constant currency % (7,7) 12, (28,9) (13,2) (2,8) 18, ,6 96, (5,6) 14,6 1 1 (100,0) (100,0) 1 1 (100,0) (100,0) (5,5) 14, (8,3) 71, (5,5) 18, (15,9) 9, ,6 52, ,2 32, (16,7) 5, ,0 850, (37,8) (21,4) (1,0) 25,2 134 (12) (3,5) 131, (19,9) (5,0) (19,2) (4,3) ,5 66, (3,6) 13, (37,8) (26,1) ,9 58, (2,0) 15, (0,2) 17,8 MTN Group Limited Financial results for the year ended 31 December
70 MTN Group Limited continued Results for the year ended 31 December 2017 EBITDA EXCLUDING HYPERINFLATION, TOWER PROFITS, NIGERIA REGULATORY FINE AND ZAKHELE FUTHI (Rm) Country 1H17 2H South Africa (opco) Nigeria SEAGHA Ghana Uganda Rwanda Zambia South Sudan (28) (36) (64) Business Group (3) (11) (14) WECA Cameroon Ivory Coast Bissau Conakry (6) Congo B Liberia (55) (5) (60) Benin MENA Syria Sudan Yemen Afghanistan Cyprus Joint ventures Iran Botswana Swaziland Equity accounting exclusion (3 190) (3 408) (6 598) Head office companies and eliminations (416) (33) (449) Total Hyperinflation (2 810) (138) (2 948) Tower profit Regulatory fine Zakhele Futhi share-based payment (434) (434) Total including hyperinflation, tower profit, regulatory fine and MTN Zakhele Futhi Note: Realigned to reflect the segments reallocated. 68 MTN Group Limited Financial results for the year ended 31 December 2017
71 Data sheets 1H16 2H Reported % Constant currency % ,5 9, (35,8) (6,6) ,4 17, (1,6) 19, ,7 27, (70,0) (62,8) ,2 1,7 (296) (83) (379) (83,1) (52,5) (160,9) (169,6) (23,8) (16,4) (36,9) (30,1) ,6 9, ,7 26,1 (77) (92) (169) (123,1) (123,7) (38,4) (31,8) (138,2) (141,4) (36,9) (29,1) (18,4) (0,2) (12,8) 3, ,2 39, (42,6) (27,3) (60,7) (57,0) ,8 17, (8,9) 7, (9,8) (6,2) (7,2) (7,2) (3 520) (3 723) (7 243) (815) (914) (1 729) (14,8) 2, (10 499) (10 499) (1 008) (1 008) ,2 39,2 MTN Group Limited Financial results for the year ended 31 December
72 MTN Group Limited continued Results for the year ended 31 December 2017 REVENUE (EXCLUDING HYPERINFLATION) AND EBITDA (EXCLUDING HYPERINFLATION, TOWER PROFITS, NIGERIA REGULATORY FINE AND ZAKHELE FUTHI) Local currency (m) Revenue Country Change % South Africa (opco) ,0 Nigeria ,6 SEAGHA Ghana ,3 Uganda ,1 Rwanda ,0 Zambia ,8 South Sudan ,9 Business Group (12,0) WECA Cameroon (6,8) Ivory Coast ,9 Bissau ,2 Conakry ,4 Congo B (16,1) Liberia (28,4) Benin (6,8) MENA Syria ,5 Sudan ,5 Yemen (8,9) Afghanistan (10,8) Cyprus ,8 Joint ventures Iran (49%) ,8 Botswana (53,1%) ,9 Swaziland (30%) ,2 Note: Realigned to reflect the segments reallocated. 70 MTN Group Limited Financial results for the year ended 31 December 2017
73 Data sheets EBITDA Change % , (9,2) , , (65,3) ,8 (579) (990) (41,5) (14) 24 (158,3) (30,8) , , ( ) (124,8) (32,6) (5) 10 (150,0) (29,4) , , (27,2) (57,1) , , , (7,2) MTN Group Limited Financial results for the year ended 31 December
74 MTN Group Limited continued Results for the year ended 31 December 2017 COST (Rm) Country 1H17 2H South Africa (opco) Nigeria SEAGHA Ghana Uganda Rwanda Zambia South Sudan Business Group WECA Cameroon Ivory Coast Bissau Conakry Congo B Liberia Benin MENA Syria Sudan Yemen Afghanistan Cyprus Joint ventures Iran Botswana Swaziland Equity accounting exclusion (5 406) (5 926) (11 332) Head office companies and eliminations Total Hyperinflation Regulatory Fine Zakhele Futhi share-based payment Total reported Note: Realigned to reflect the segments reallocated. 72 MTN Group Limited Financial results for the year ended 31 December 2017
75 Data sheets 1H16 2H Reported % Constant currency % (0,1) (0,1) (13,1) 27, (3,4) 17, ,6 26, (11,6) 2, ,0 37, ,2 1, (52,7) 33, ,3 10, (3,8) 3, (1,3) 5, ,8 11, (2,7) 4, (25,7) (16,9) (10,2) (3,8) (14,7) (6,2) (5,3) 0, (7,4) 11, (2,0) 20, (5,3) 18, (21,2) 2, (4,5) 4, ,2 6, ,4 24, ,5 32, ,1 13,1 (5 496) (5 164) (10 660) (7,0) 9, (14,0) 0,1 MTN Group Limited Financial results for the year ended 31 December
76 MTN Group Limited continued Results for the year ended 31 December 2017 COST BREAKDOWN (Rm) Country 1H17 2H South Africa (opco) Handsets and other accessories Interconnect Roaming Commissions Government and regulatory costs VAS/Digital revenue share Service provider discount Network Marketing Staff costs Other OPEX Cost Nigeria Handsets and other accessories Interconnect Roaming Commissions Government and regulatory costs VAS/Digital revenue share Service provider disc Network Marketing Staff costs Other OPEX Cost Excluding the regulatory fine 74 MTN Group Limited Financial results for the year ended 31 December 2017
77 Data sheets 1H16 2H Reported % Constant currency % (8,9) (8,9) (11,5) (11,5) (15,5) (15,5) ,1 23, ,3 37, ,1 17, (10,6) (10,6) ,2 14, ,0 7, (4,2) (4,2) ,8 8, (0,1) (0,1) (66,5) (48,5) (23,4) 12, (14,1) 26, (29,2) 4, (15,0) 23, (41,7) (12,2) ,5 64, (41,6) (15,9) (29,2) 2, (16,8) 16, (13,1) 27,0 MTN Group Limited Financial results for the year ended 31 December
78 MTN Group Limited continued Results for the year ended 31 December 2017 COST BREAKDOWN (Rm) Country 1H17 2H Ghana Handsets and other accessories Interconnect Roaming Commissions Government and regulatory costs VAS/Digital revenue share Service provider discount Network Marketing Staff costs Other OPEX Cost Uganda Handsets and other accessories Interconnect Roaming Commissions Government and regulatory costs VAS/Digital revenue share Service provider discount Network Marketing Staff costs Other OPEX Cost MTN Group Limited Financial results for the year ended 31 December 2017
79 Data sheets 1H16 2H Reported % Constant currency % ,3 33, (8,1) 12, (12,3) 5, ,1 35, ,8 60, (14,5) 5, ,7 30, ,0 28, (0,4) 21, (4,8) 19, ,6 26, (34,6) (21,1) (19,9) (6,8) (46,3) (36,6) (4,1) 10,9 92 (10) 82 (9,8) 4, (38,2) (28,9) (9,0) 5, (31,8) (23,5) (1,0) 14, (10,6) 2, (11,6) 2,5 MTN Group Limited Financial results for the year ended 31 December
80 MTN Group Limited continued Results for the year ended 31 December 2017 COST BREAKDOWN (Rm) Country 1H17 2H Cameroon Handsets and other accessories Interconnect Roaming Commissions Government and regulatory costs VAS/Digital revenue share Service provider discount Network Marketing Staff costs Other OPEX Cost Ivory Coast Handsets and other accessories Interconnect Roaming Commissions Government and regulatory costs VAS/Digital revenue share Service provider discount Network Marketing Staff costs Other OPEX Cost MTN Group Limited Financial results for the year ended 31 December 2017
81 Data sheets 1H16 2H Reported % Constant currency % (7,5) (0,8) ,1 11, (17,4) (13,0) ,1 13, ,9 17, (28,0) (23,0) ,2 7, (18,0) (14,0) ,1 23, (20,2) (16,1) (1,3) 5, ,4 13, (4,5) 1, ,5 44, ,1 8, ,2 13, (5,7) 2, ,0 20, ,2 11, ,9 32, (4,6) 1, ,8 11,9 MTN Group Limited Financial results for the year ended 31 December
82 MTN Group Limited continued Results for the year ended 31 December 2017 COST BREAKDOWN (Rm) Country 1H17 2H Iran (49%) Handsets and other accessories Interconnect Roaming Commissions Government and regulatory costs VAS/Digital revenue share Service provider discount Network Marketing Staff costs Other OPEX Cost Hyperinflation (69) (1) (70) Cost including hyperinflation Syria Handsets and other accessories Interconnect Roaming Commissions Government and regulatory costs VAS/Digital revenue share Service provider discount Network Marketing Staff costs Other OPEX Cost Hyperinflation Cost including hyperinflation MTN Group Limited Financial results for the year ended 31 December 2017
83 Data sheets 1H16 2H Reported % Constant currency % ,6 103, (18,8) (3,8) (21,6) (9,5) ,8 183, ,8 22, ,4 24, ,4 22, ,6 35, ,4 33, ,3 42, (19,5) (4,7) ,4 24, ,7 20, , (19,6) (31,6) (15,8) , (5,2) 15, ,0 46, ,0 30, ,1 33, ,6 40, (5,7) 15, (2,0) 20, ,3 54,7 MTN Group Limited Financial results for the year ended 31 December
84 MTN Group Limited continued Results for the year ended 31 December 2017 COST BREAKDOWN (Rm) Country 1H17 2H Sudan Handsets and other accessories Interconnect Roaming Commissions Government and regulatory costs VAS/Digital revenue share Service provider disc Network Marketing Staff costs Other OPEX Cost Hyperinflation Cost including hyperinflation MTN Group Limited Financial results for the year ended 31 December 2017
85 Data sheets 1H16 2H Reported % Constant currency % (16,4) 9, (5,9) 22, ,3 50, ,3 45, (21,4) (2,6) ,7 46, ,2 25, (17,1) 1, ,7 35, (25,3) (8,8) (5,3) 18,4 85 (4) ,3 86,0 MTN Group Limited Financial results for the year ended 31 December
86 MTN Group Limited continued Results for the year ended 31 December 2017 Shareholding (%) Licence period Population (m) Market Outgoing Share MOU (%) (minutes) Mobile Market Penetration No of position/ (%) operators Telemetry (m) South Africa /4 31, Nigeria /4 42, SEAGHA Ghana /9 55, Uganda /8 55,92 93 Rwanda /3 42, Zambia /3 47,39 55 South Sudan /3 36,35 79 Botswana (JV) , /3 57, Swaziland (JV) /1 88,04 96 WECA Cameroon /3 53,68 45 Ivory Coast /3 33,81 63 Benin /4 49,34 42 Conakry /4 22,57 44 Congo B /3 57,56 79 Liberia /3 49,82 85 Bissau /3 55,82 51 MENA Iran (JV) /4 46,11 70 Syria /2 41,24 47 Sudan /3 34, Yemen /4 42, Afghanistan /5 39,85 75 Cyprus /4 42, MTN Group Limited Financial results for the year ended 31 December 2017
87 Data sheets Data users ( 000) Active Data users ( 000) Smartphones ( 000) MB/ Active User Rolledout Q4 2G Sites Rolledout Q4 3G Sites Rolledout Q4 LTE Sites Yearly Cumulative 2G Sites Yearly Cumulative 3G Sites Yearly Cumulative LTE Sites n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a MTN Group Limited Financial results for the year ended 31 December
88 Administration Registration number: 1994/009584/06 ISIN: ZAE Share code: MTN Board of directors PF Nhleko 2 RA Shuter #1 RT Mupita 1 PB Hanratty $3 A Harper #3 KP Kalyan 3 S Kheradpir 3 NP Mageza 3 MLD Marole 3 AT Mikati 2 SP Miller^3 KC Ramon 3 NL Sowazi 3 J van Rooyen 3 American Lebanese # British $ Irish ^ Belgian 1 Executive 2 Non-executive 3 Independent non-executive director Group secretary SB Mtshali Private Bag X9955, Cresta, 2118 Registered office th Avenue, Fairland, 2195 American depository receipt (ADR) programme Cusip No M108 ADR to ordinary Share 1:1 Office of the transfer secretaries Computershare Investor Services Proprietary Limited Registration number 2004/003647/07 Rosebank Towers, 15 Biermann Avenue, Rosebank, 2196 PO Box 61051, Marshalltown, 2107 Joint auditors PricewaterhouseCoopers Inc. 4 Lisbon Lane, Waterfall City, Jukskei view, 2090 SizweNtsalubaGobodo Inc. 20 Morris Street East Woodmead, 2157 PO Box 2939, Saxonwold, 2132 Sponsor Deutsche Securities (SA) Proprietary Limited 3 Exchange Square, 87 Maude Street, Sandton, 2196 Attorneys Webber Wentzel 90 Rivonia Road, Sandton, 2196 PO Box 61771, Marshalltown, 2107 Contact details Telephone: National and International Facsimile: National (011) International investor_relations@mtn.co.za Website: Depository The Bank of New York 101 Barclay Street, New York NY , USA MTN Group sharecare line Toll free: or if phoning from outside South Africa 86 MTN Group Limited Financial results for the year ended 31 December 2017
89
90 Notes to the annual financial statements COPY TO FOLLOW Tel: Innovation Centre th Avenue Fairland, 2195 South Africa 4 MTN Group Limited Financial results for the year ended 31 December 2017
MTN Group Limited Results presentation for the year ended 31 December 2018
MTN Group Limited Results presentation for the year ended 31 December 2018 for the year ended 31 December 2018 MTN Group Limited Financial results for the year ended 31 December 2018 53 Data sheets Contents
MTN Group Limited. Highlights
(Incorporated in the Republic of South Africa) Registration number: 1994/009584/06 ISIN: ZAE000042164 Share code: MTN ( MTN or the Group ) MTN is a leading emerging market mobile operator, serving 221,3
Quarterly update for the period ended 30 September 2018 and renewal of cautionary announcement
(Incorporated in the Republic of South Africa) Registration number: 1994/009584/06 ISIN: ZAE000042164 Share code: MTN ( MTN or the Group ) Quarterly update for the period ended 30 September 2018 and renewal
MTN Group Limited (Incorporated in the Republic of South Africa) Highlights
(Incorporated in the Republic of South Africa) Registration number: 1994/009584/06 ISIN: ZAE000042164 Share code: MTN ( MTN or the Group ) MTN is a leading emerging market mobile operator, connecting approximately
MTN Group records 195,4 million subscribers
MTN Group Limited (MTN) Registration number: 1994/009584/06 ISIN: ZAE000042164 Share code: MTN MTN Group records 195,4 million subscribers MTN is a leading emerging markets mobile operator, connecting
MTN Group records 203,8 million subscribers
MTN Group Limited (MTN, the Group) Registration number: 1994/009584/06 ISIN: ZAE000042164 Share code: MTN MTN Group records 203,8 million subscribers MTN is a leading emerging market mobile operator, connecting
MTN Group records 227,5 million subscribers. Satisfactory subscriber growth of 1,8% quarter-on-quarter (QoQ), adding 4,1 million subscribers
(Incorporated in the Republic of South Africa) Registration number: 1994/009584/06 ISIN: ZAE000042164 Share code: MTN ( MTN or the Group ) MTN is a leading emerging market mobile operator, connecting approximately
MTN Group records 210,1 million subscribers
(Incorporated in the Republic of South Africa) Registration number: 1994/009584/06 ISIN: ZAE000042164 Share code: MTN ( MTN or the Group ) MTN Group records 210,1 million subscribers MTN is a leading emerging
MTN Group Limited (Incorporated in the Republic of South Africa) (Registration number 1994/009584/06) Share code: MTN ISIN: ZAE
THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION The definitions and interpretations commencing on page 8 of this Circular apply to this front cover. Action required If you are in any doubt
PL AN OFFE R DOCU M E NT
SKYCITY ENTERTAINMENT GROUP LIMITED D IVI D E N D R E I NVE STM E NT PL AN OFFE R DOCU M E NT 25 FEBRUARY 2 011 UPDATED AS AT 19 APRIL 2016 This is an important document, prepared in accordance with the
Management s Report to Shareholders
Management s Report to Shareholders Management is responsible for the preparation of the accompanying consolidated financial statements and all other information contained in this Annual Report. The consolidated
Multimedia Polska S.A. 4March 2015
Multimedia Polska S.A. 2014 fourth quarter and FY results 4March 2015 Disclaimer This presentation may contain forward-looking statements with respect to the business, financial results, and/or results
CINEPLEX GALAXY INCOME FUND Reports Record First Quarter Results and Announces Distribution Increase. Three months ended March 31, 2008
Not for release over US newswire services FOR IMMEDIATE RELEASE CINEPLEX GALAXY INCOME FUND Reports Record First Quarter Results and Announces Distribution Increase TORONTO, CANADA, May 8, 2008 (TSX: CGX.UN)
Transition from analogue to digital broadcasting
Transition from analogue to digital broadcasting Russell Southwood, CEO, Balancing Act Modern Spectrum Management and transition from Analogue to Digital Broadcasting -Trends and Technologies", Banjul,
PRE-LISTING STATEMENT
MTN Zakhele (RF) Limited (Incorporated in South Africa) (Registration number 2010/004693/06) Share code: MTNZBE ISIN: ZAE000208526 ( MTN Zakhele ) 1 PRE-LISTING STATEMENT relating to the listing of MTN
East & Central. Supersport Maximo 2 x x
Overview- 2012 Overview DStv launched into Africa over 10 years ago Broadcasts into 41 sub-saharan Africa countries (which include Seychelles and Mauritius) Covers Anglophone and Lucophone Africa and caters
31 January , , ,000 90,000 80,000 70,000 60,000 50,000 40,000 30,000 20,000 10,000
31 January 2012 Quickflix successfully launched its movie streaming service during the quarter becoming the first subscription video on demand (SVOD) service of its kind in Australia offering unlimited
Coinstar, Inc. Analyst Day May 16, 2012
Coinstar, Inc. Analyst Day May 16, 2012 Redbox Business Review Gregg Kaplan President and COO Coinstar, Inc. Safe Harbor for Forward Looking Statements Various remarks that we may make about future expectations,
Sub-Saharan Africa OTT TV & Video Forecasts. Table of Contents
Sub-Saharan Africa OTT TV & Video Forecasts Table of Contents Published in June 2018, this 162-page PDF and excel report covers movie and TV episode developments. It comes in seven parts: Executive summary
MACQUARIE CONFERENCE Wednesday 2 May, 2018
MACQUARIE CONFERENCE Wednesday 2 May, 2018 2017 Financial Highlights Global Cinema Screens Introducing Kimbal Riley Vista Group - Growth Movio Will Palmer Questions 2 2 OPERATING SEGMENTS CINEMA MOVIO
CINEPLEX GALAXY INCOME FUND Reports Third Quarter Results. Three months ended September 30, 2008
Not for release over US newswire services FOR IMMEDIATE RELEASE CINEPLEX GALAXY INCOME FUND Reports Third Quarter Results TORONTO, CANADA, November 6, 2008 (TSX: CGX.UN) Cineplex Galaxy Income Fund (the
MTN Group Limited. Integrated Business Report for the year ended 31 December 2008 Book 1 MTN Group Overview
MTN Group Limited Integrated Business Report for the year ended 31 December 2008 Book 1 MTN Group Overview MTN WhereRU Movie downloads MTN2MyAid SMS2Email Balance enquiry Emergency call MobileMoney HSDPA,
AT&T Investor Update. 2Q08 Earnings Conference Call July 23, 2008
AT&T Investor Update 2Q08 Earnings Conference Call July 23, 2008 2008 AT&T Intellectual Property. All rights reserved. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual
Cineworld 2017 Interim Results 10 th August 2017
Cineworld 2017 Interim Results 10 th August 2017 0 Financial Review 1 Financial Highlights Group H1 2017 Group H1 2016 Statutory Movement Admissions 50.7m 46.1m 10.0% m m Box office 267.2 227.0 17.7% Retail
Contents. You re invited Harvesting new opportunities Sifiso Dabengwa. Empowering our collective legacy Paul Norman. Living our vision Phuthuma Nhleko
Contents You re invited Harvesting new opportunities Sifiso Dabengwa 02 03 Empowering our collective legacy Paul Norman Living our vision Phuthuma Nhleko The MTN Deal Setting the scene Our philosophy Our
Cineworld Group plc Interim Report Cineworld Group plc Interim Report Focused on being the UK s favourite
Cineworld Group plc Interim Report 2013 A Cineworld Group plc Interim Report 2013 Focused on being the UK s favourite Cineworld is the UK s leading cinema group Vision To be the favourite cinema chain
Cineworld Group 2016 Results 9 th March 2017
Cineworld Group 2016 Results 9 th March 2017 Overview Summary of 2016 another record year Reached the milestone of 100m admissions Overall strong financial performance for the Group, EBITDA growth of 13.2%,
SWAZI MTN PRODUCT CATALOGUE AS AT 30 SEPTEMBER 2018 Subscribers are advised to contact Swazi MTN for any further information
SWAZI MTN PRODUCT CATALOGUE AS AT 30 SEPTEMBER 2018 Subscribers are advised to contact for any further information Prepaid Combo () Bundle Data Voice SMS Scamtho Mini 700MB 30 Minutes 30 E160.00 Scamtho
State of Digital Switchover in EMEA some key lessons from Europe to consider keenly
State of Digital Switchover in EMEA some key lessons from Europe to consider keenly Bogota DSA Summit 27 th April 2016 Prof. H Sama Nwana, PhD, MBA Executive Director (Ex-Group Director, Spectrum, Ofcom
MTN Subscriber Agreement
MTN Subscriber Agreement MOBILE TELEPHONE NETWORKS (PTY) LTD Head Office: 216 14th Ave Fairland 2195 Private Bag 9955 Cresta 2118 South Africa Tel +2711 912 3000 Fax +2711 912 3001 http://www.mtn.co.za
du Announces Interim Dividend of 12 Fils per Share Q Year-on-Year Revenues Exceed AED 3 billion for First Time
du Announces Interim Dividend of 12 Fils per Share Q2 2014 Year-on-Year Revenues Exceed AED 3 billion for First Time Emirates Integrated Telecommunications Company PJSC ( du ) publishes Q2 2014 Results
Telecommunication satellites & services. Azerspace-1, 46 0 E Azerspace-2, 45 0 E
Telecommunication satellites & services Azerspace-1, 46 0 E Azerspace-2, 45 0 E SERVICES AND SOLUTIONS 1. Space Segment Leasing Services Full Time Space Segment Leasing capacity on both C-band and Ku-band
Financial Summary of 3Q/FY2006 Business Strategy. February 2007 SKY Perfect Communications Inc.
Financial Summary of 3Q/FY2006 and Our Business Strategy February 2007 SKY Perfect Communications Inc. Section Financial Summary of 3Q/FY2006 2006 2 Summary of Consolidated Statement of Income (Millions
Cineworld 2017 Interim Results 10 th August 2017
Cineworld 2017 Interim Results 10 th August 2017 0 Financial Review 1 Financial Highlights Group H1 2017 Group H1 2016 Statutory Movement Admissions 50.7m 46.1m 10.0% m m Box office 267.2 227.0 17.7% Retail
VISTA GROUP 2015 AGM : Event Cinema 3, Gold Class. 24 May 2016
VISTA GROUP 2015 AGM : Event Cinema 3, Gold Class 24 May 2016 Introduction Chairman s Address CEO Address Questions on Annual Report & Financial Statements Business Resolutions Resolution 1 Remuneration
CINEPLEX GALAXY INCOME FUND 2004 FIRST QUARTER REPORT
CINEPLEX GALAXY INCOME FUND 2004 FIRST QUARTER REPORT CINEPLEX GALAXY LP IS A LEADING EXHIBITOR OF MOTION PICTURES IN THE ENTERTAINMENT INDUSTRY. HEADQUARTERED IN TORONTO, CANADA, CINEPLEX GALAXY LP CURRENTLY
HALF YEAR ASX APPENDIX 4D & INTERIM REPORT
14 HALF YEAR ASX APPENDIX 4D & INTERIM REPORT 31 December 2013 Quickflix Limited ABN 62 102 459 352 Controlled Entities www.quickflix.com.au Quickflix Review of Operations ASX Appendix 4D Results Summary
Mr. William Kwan Chief Financial Officer
Mr. William Kwan Chief Financial Officer Consolidated Results (HK$ M) 2005 Turnover 2,441 Opex before dep n (1,681) EBITDA 760 Depreciation (480) Operating profit 280 Net interest income / (expense) 3
2014 Preliminary Results 12 th March 2015
2014 Preliminary Results 12 th March 2015 Introduction Financials Philip Bowcock CFO Integration and Synergies Israel Greidinger - Deputy CEO Business Update Mooky Greidinger - CEO 2 Financial Review Financial
RTL GROUP PRESENTATION. Brussels, 21 June 2013
RTL GROUP PRESENTATION Brussels, 21 June 2013 The leading European entertainment network Agenda Q1 HIGHLIGHTS o Business Review o Strategy Review 2 Quarter 1 highlights 2013 REVENUE 1.3 billion REPORTED
Fidelity Capital Structure Corp. Annual Dividends
Fidelity Capital Structure Corp. Annual Dividends The Board of Directors of the Fidelity Capital Structure Corp. announces that it has declared ordinary dividends to shareholders in the es listed below
Discussion Materials December 10, 2012
Discussion Materials December 10, 2012 Assumptions The following analysis estimates the break even U.S. streaming subscriber growth or price increases required in order for Netflix to pay $300 to $350
To be the best way to see a movie
Interim Report 2014 Our vision To be the best way to see a movie Contents Highlights... 1 Chief Executive Officers Review... 2 Condensed Consolidated Statement of Profit or Loss and Other Comprehensive
LOCAL TELEVISION STATIONS: Maintaining an Important Presence in 2016 & Beyond. August Copyright All Rights Reserved.
Maintaining an Important Presence in 2016 & Beyond August 2016 Copyright 2016. All Rights Reserved. BIA/Kelsey CONTENTS Executive Summary... 1 Introduction... 3 Viewer Options... 6 Viewing Hours... 6 Subscription
City Screens fiscal 1998 MD&A and Financial Statements
City Screens fiscal 1998 MD&A and Financial Statements Management's Discussion and Analysis (Note: Fiscal 1998 is for the year ending April 1, 1999) OPERATING RESULTS Revenues. Total revenues increased
The Council would like to know if you think it should provide this ongoing support to the Hawera Cinema 2 Trust.
Page 1 of 8 Introduction In March 2007 the South Taranaki District Council (the Council) purchased the Hawera Cinema 2 (the Cinema) complex for $1 million to keep the facility operating. The Council of
(Company Registration No N) (Incorporated in Singapore) (the Company)
(Company Registration No. 201424372N) (Incorporated in Singapore) (the Company) PROPOSED ACQUISITION OF THE CATHAY CINEPLEXES BUSINESS SIGNING OF OPTION AGREEMENT FOR THE PROPOSED ACQUISITION OF 100% OF
Table of contents: Digital TV penetration accelerates in Sub-Saharan Africa Sub-Sahara Africa TV forecasts by platform Sub-Saharan Africa TV household penetration of total homes by country Estimated split
etflix Reducing Our Rating from BUY to HOLD
Wednesday, February 23, 2011 etflix Reducing Our Rating from BUY to HOLD Overview and Investment Opinion We are reducing our rating on etflix ( ASDAQ: FLX - $221.60) from BUY to HOLD, due in part to valuation,
Strategic Partnership to Advance Dedicated and New Cinema Solutions
Strategic Partnership to Advance Dedicated and New Cinema Solutions Analyst presentation Jan De Witte, CEO & Ann Desender, CFO 4 December 2017 Executive summary Catalysts driving next stage of growth in
Financial Results for Q And Business Update
Financial Results for Q1 2018 And Business Update Q1 2018 results Q1 2018 highlights Growing results despite slower quarter in System Integration and NKBM write off Impressive results of Payment mainly
SKY NETWORK TELEVISION. John Fellet CEO Jason Hollingworth - CFO 27 February 2007
SKY NETWORK TELEVISION John Fellet CEO Jason Hollingworth - CFO 27 February 2007 Jun-06 Subscribers 700,000 600,000 500,000 400,000 300,000 200,000 100,000 0 Jun-05 Jun-04 Jun-03 Jun-02 Jun-01 Jun-00 Jun-99
Telecoms Tariff Data
Report on Telecoms Tariff Data as of December 2000 Produced for: European Commission DG Information Society The opinions expressed in this Study are those of the authors and do not necessarily reflect
MTN s Success Story: Expansion beyond South Africa s Borders. A Case Study Research Report presented to:
MTN s Success Story: Expansion beyond South Africa s Borders. A Case Study Research Report presented to: The Graduate School of Business University of Cape Town in partial fulfillment of the requirements
CINEPLEX INC. Reports Second Quarter Results
FOR IMMEDIATE RELEASE CINEPLEX INC. Reports Second Quarter Results TORONTO, Canada, August 6, 2014 (TSX: CGX) - Cineplex Inc. ( Cineplex ) today released its financial results for the three and six months
CINEPLEX INC. Reports First Quarter Results and Announces Dividend Increase
FOR IMMEDIATE RELEASE CINEPLEX INC. Reports Results and Announces Dividend Increase TORONTO, Canada, May 8, 2015 (TSX: CGX) - Cineplex Inc. ( Cineplex ) today released its financial results for the three
ENFORCEMENT DECREE OF THE BROADCASTING ACT
ENFORCEMENT DECREE OF THE BROADCASTING ACT Presidential Decree No. 16751, Mar. 13, 2000 Amended by Presidential Decree No. 17137, Feb. 24, 2001 Presidential Decree No. 17156, Mar. 20, 2001 Presidential
FY 2017 Investors Briefing Financial and Operating Results March 23, 2018
FY 2017 Investors Briefing Financial and Operating Results March 23, 2018 Business Segments Media Networks & Studio Entertainment Digital & Interactive Media - Entertainment - News - Global - Film & Music
Global Invacom Group Limited. FY2014 Results Presentation 26 February 2015
Global Invacom Group Limited FY2014 Results Presentation 26 February 2015 Presentation Outline 1 Global Invacom Overview 2 Recent Corporate Developments 3 FY2014 Financial Highlights 4 Strategy, Outlook
Eros International Plc Corporate Presentation
Eros International Plc Corporate Presentation Jefferies Global TMT Conference May 2014 A Leading Global Indian Film Entertainment Company Leading co-producer, acquirer and distributor of Indian language
SKYCITY ENTERTAINMENT GROUP LIMITED. Interim Financial report FOR THE SIX-MONTH PERIOD ENDED 31 DECEMBER 2015
SKYCITY ENTERTAINMENT GROUP LIMITED Interim Financial report FOR THE SIX-MONTH PERIOD ENDED 31 DECEMBER 2015 2016 TABLE OF CONTENTS TABLE OF CONTENTS INTERIM REPORT SECTIONS Page number Highlights 2 Chief
Sinclair Broadcast Group Who We Are
SAFE HARBOR The following information contains, or may be deemed to contain, "forward-looking statements" (as defined in the U.S. Private Securities Litigation Reform Act of 1995). Any statements about
2 nd Quarter 2014 Investor s Briefing Financial and Operating Results August 13, ABS-CBN Investor Presentation
2 nd Quarter 214 Investor s Briefing Financial and Operating Results August 13, 214 1 2nd Quarter 214 Highlights Launched ABS-CBN Digital Storefront ABS-CBN Events Recognitions and Awards Mrs. Charo Santos-Concio,
TAKE-TWO INTERACTIVE INTERACTIVE SOFTWARE QUIZ
TAKE-TWO INTERACTIVE INTERACTIVE SOFTWARE QUIZ Points Assigned Points Scored Problem 1 8 Problem 2 20 Problem 3 19 Problem 4 10 Problem 5 18 Total Score 75 Problem 1. Business Strategy Analysis What are
CINEPLEX INC. Reports Third Quarter Results
FOR IMMEDIATE RELEASE CINEPLEX INC. Reports Third Quarter Results TORONTO, Canada, November 8, 2012 (TSX: CGX) - Cineplex Inc. ( Cineplex ) today released its financial results for the third quarter of
2014 FOURTH. QUARTER (As of December 31, 2014)
2014 FOURTH QUARTER (As of December 31, 2014) Contact: Pat Marshall Vice President, Communications and Investor Relations 416.323.6648 pat.marshall@cineplex.com Cineplex Entertainment The Largest and Most
1H 2017 Investors Briefing Financial and Operating Results August 11, 2017
1H 2017 Investors Briefing Financial and Operating Results August 11, 2017 Business Segments Media Networks & Studio Entertainment Digital & Interactive Media - Entertainment - News - Global - Film & Music
Village Roadshow Limited Hong Kong May 27 th Singapore May 29 th
Village Roadshow Limited Hong Kong May 27 th Singapore May 29 th AGENDA Company Overview Our History Business Portfolio Financial Performance Capital Management Future Strategy Summary 2 Australia s Leading
ACM Distribution. Avec le soutien du programme MEDIA - Europe créative de l Union européenne
ACM Distribution Avec le soutien du programme MEDIA - Europe créative de l Union européenne ACM Distribution is a scheme created in 2015 in order to support and promote the distribution and international
CINEPLEX GALAXY INCOME FUND Reports Record Fourth Quarter and Full Year Results
Not for release over US newswire services FOR IMMEDIATE RELEASE CINEPLEX GALAXY INCOME FUND Reports Record Fourth Quarter and Full Year Results TORONTO, CANADA, February 11, 2010 (TSX: CGX.UN) Cineplex
Sprint Corporation - Strategy, SWOT and Corporate Finance Report
Sprint Corporation - Strategy, SWOT and Corporate Finance Report Sprint Corporation - Strategy, SWOT and Corporate Finance Report The Business Research Store is run by Sector Publishing Intelligence Ltd.
INTERIM RESULTS SKY NETWORK TELEVISION LIMITED INTERIM RESULTS DECEMBER 2018
INTERIM RESULTS SKY NETWORK TELEVISION LIMITED INTERIM RESULTS DECEMBER 2018 JOHN FELLET CHIEF EXECUTIVE OFFICER Photosport.nz SKY Network Television Limited Interim Results 2019 2 REVENUE Millions 439.8
CINEPLEX GALAXY INCOME FUND 2004 ANNUAL REPORT
CINEPLEX GALAXY INCOME FUND 2004 ANNUAL REPORT HIGHLIGHTS We are proud of our cinema general managers and the role they play in leading our front line staff. They provide an exceptional movie-going experience
Digital technologies for the motion picture industry. Roadshow Oddo Frankfurt 5 November 2015
Digital technologies for the motion picture industry Roadshow Oddo Frankfurt 5 November 2015 Presentation of the speakers Jean Mizrahi CEO co-founder Pierre Flamant CFO 2 Market & business offer Eclair
Session 3.2. Network planning at different time scales, long, medium and short term. Network planning at different time scales:
ITU-BDT Regional Network Planning Workshop Cairo Egypt, 16-27 July 2006 Session 3.2 Network planning at different time scales, long, medium and short term Network Planning Workshop with Tool Case Studies
SKY TELEVISION NETWORK
Page 1 REPORT PREPARED FOR: SKY TELEVISION NETWORK BUSINESS MODEL BY APURV TIJARE POSTGRADUATE DIPLOMA IN BUSINESS APMG 8119: DIGITAL ENTERPRISE ASSOCIATE PROFESSOR DR. ROBERT DAVIS Page 2 AUTHOR CONTACTS
SKY Perfect JSAT Group Financial Summary of FY2009 and Business Strategy
SKY Perfect JSAT Group Financial Summary of FY2009 and Business Strategy May 13, 2010 SKY Perfect JSAT Holdings Inc. Forward-Looking Statements Statements about the SKY Perfect JSAT Group s forecasts,
CINEPLEX INC. Reports Annual Results
FOR IMMEDIATE RELEASE CINEPLEX INC. Reports Annual Results TORONTO, CANADA, February 9, 2012 (TSX: CGX) Cineplex Inc. ( Cineplex ) today released its financial results for the fourth quarter and the full
2011 Q1 Results Presentation
2011 Q1 Results Presentation TCL Multimedia Technology Holdings Limited Stock Code:01070 Disclaimer The information contained herein should not be utilized for any legal purposes in regards to any investor's
SES CONTINUES TO SHOW RECURRING GROWTH IN Q1 2010
PRESS RELEASE SES CONTINUES TO SHOW RECURRING GROWTH IN Q1 2010 Luxembourg, 23 April 2010 SES S.A., one of the world s leading satellite operators, (Euronext Paris and Luxembourg Stock Exchange: SESG),
May 2018 Strategic case study examination. Pre-seen material
May 2018 Strategic case study examination Pre-seen material Contents Page Company background 3 Mission statement and industry background 5 Couchweb s strategy 6 Couchweb s Board of Directors 10 Organisation
APPLICATION FORM FOR A CABLE BROADCASTING LICENCE
APPLICATION FORM FOR A CABLE BROADCASTING LICENCE CCK/F/SP-B/ APL-04 (AUGUST 2011) APPLICATION FOR CABLE BROADCASTING LICENCE Section 1: Licence Details Please identify the broadcasting service being applied
MTN at a glance. Contents. MTN Group Limited Sustainability Report
MTN Group Limited Sustainability Report 2004 MTN Group Limited Sustainability Report 2004 MTN at a glance MTN Group Limited is a leading provider of communications services, offering cellular network access
SKY 2014 AGM. SPEAKING NOTES October 2014 DIRECTOR OF CORPORATE COMMUNICATION
SKY 2014 AGM SPEAKING NOTES October 2014 PRODUCED BY KIRSTY WAY DIRECTOR OF CORPORATE COMMUNICATION TABLE OF CONTENTS PAGE 1. WELCOME (CHAIRMAN) 3 1.1. SPEAKING NOTES PETER MACOURT 3 2. SPEAKING & VOTING
Kinepolis Group Press Release
Page 1 of 7 Ghent, 19 February 2009 For immediate publication Contact: Myriam Dassonville Corporate Communication Tel: +32 9 241 00 16 E-mail: mdassonville@kinepolis.com Kinepolis Group posts 15.2m net
Extraordinary Together. Zee Entertainment Entertainment Content Company
Extraordinary Together Zee Entertainment 360 0 Entertainment Content Company Presentation Flow India M&E Industry Domestic Broadcast Movies & Music A to ZEE of Content Leadership Digital International
ІI. ELECTRONIC COMMUNICATIONS NETWORKS AND SERVICES
ІI. ELECTRONIC COMMUNICATIONS NETWORKS AND SERVICES. Voice telephone services In 20, the volume of market segment "Voice telephone services" amounted to BGN 2.062 billion, which is a drop of.2% as compared
CTC Media, Inc. Investor Presentation. First Quarter 2010 Results
CTC Media, Inc. Investor Presentation First Quarter 2010 Results The Leading Independent Media Company in Russia and the CIS 4 th most watched broadcaster in Russia with a national audience of c.100 million
Cineplex Inc. Reports Record First Quarter Results, Announces Dividend Increase and Amended Credit Facilities
FOR IMMEDIATE RELEASE Cineplex Inc. Reports Record Results, Announces Dividend Increase and Amended Credit Facilities TORONTO, Canada, May 3, 2016 (TSX: CGX) - Cineplex Inc. ( Cineplex ) today released
Extraordinary Together. Zee Entertainment Entertainment Content Company
Extraordinary Together Zee Entertainment 360 0 Entertainment Content Company Presentation Flow India M&E Industry Domestic Broadcast Movies & Music A to ZEE of Content Leadership Digital International
Digital technologies for the motion picture industry. Oddo Midcap Forum Lyon January 2016
Digital technologies for the motion picture industry Presentation of the speakers Jean Mizrahi CEO co-founder Pierre Flamant CFO 2 Market & business offer Eclair Group acquisition Revenue (9M 15) and results
1Q 2017 Investors Briefing Financial and Operating Results May 19, 2017
1Q 2017 Investors Briefing Financial and Operating Results May 19, 2017 Business Segments Media Networks & Studio Entertainment Digital & Interactive Media - Entertainment - News - Global - Film & Music
AN EXAMINATION OF NATIONAL BIBLIOGRAPHIES AND THEIR ADHERENCE TO ICNBS RECOMMENDATIONS FINAL REPORT TO THE IFLA STANDING COMMITTEE ON BIBLIOGRAPHY
AN EXAMINATION OF NATIONAL BIBLIOGRAPHIES AND THEIR ADHERENCE TO ICNBS RECOMMENDATIONS FINAL REPORT TO THE IFLA STANDING COMMITTEE ON BIBLIOGRAPHY By Barbara L. Bell, The College of Wooster, Ohio, USA
CINEPLEX INC. Reports First Quarter Results and Announces Dividend Increase
FOR IMMEDIATE RELEASE CINEPLEX INC. Reports Results and Announces Dividend Increase TORONTO, Canada, May 9, 2013 (TSX: CGX) - Cineplex Inc. ( Cineplex ) today released its financial results for the first
PRIMACOM REPORTS 2000 RESULTS
CONTACTS: Paul Thomason Chief Financial Officer Tel.: (49) 6131-9310-101 Alexander Hoffmann (Investors) Director Investor Relations Tel.: 49 6131 / 9310-150 Fax: 49 6131 / 9310-189 investor@primacom.de
STANDARD CHART OF ACCOUNTS
Annual Accounts Helpdesk : RCSL Nr. : Matricule : Page 1/29 Tel. : (+352) 247 88 494 Email : centralebilans@statec.etat.lu STANDARD CHART OF ACCOUNTS Financial year from to (in ) 01 02 03 Class 1. EQUITY,
Available through a partnership with
The African e-journals Project has digitized full text of articles of eleven social science and humanities journals. This item is from the digital archive maintained by Michigan State University Library.
Q1 2012: SES CONTINUES ON ITS GROWTH TRACK
PRESS RELEASE Q1 2012: SES CONTINUES ON ITS GROWTH TRACK Luxembourg, 11 May 2012 SES S.A. (NYSE Euronext Paris and Luxembourg Stock Exchange: SESG) reports financial results for the three months ended
SKY has been successful in growing its subscriber base every year since its launch in 1990 as illustrated in graph 1.
BUSINESS OVERVIEW SUBSCRIBERS 667,270 INCREASED BY 48,102, A 7.8% INCREASE Subscriber Growth We are pleased to report that SKY has added a net 48,102 new subscribers in the 12 months to 30 June 2006 which
Management Update. April 2016
Management Update April 2016 1 i-cable At A Glance Integrated Triple-Play Communications Provider Integrated services provider of television, broadband and telephony services to ~1m customers Near universal