As at December 31, 2016

Similar documents
2014 FOURTH. QUARTER (As of December 31, 2014)

2017 Fourth Quarter and Full Year

2017 Third Quarter. As at September 30, 2017

Gabelli & Co Exhibitor Media Conference March 17, 2011

Credit Suisse Global Media and Communications Convergence Conference March 8, 2011

ANNUAL REPORT ANNUAL REPORT

CINEPLEX INC. Reports Fourth Quarter and Annual Results

CINEPLEX INC. Reports Record First Quarter Results and Announces Dividend Increase

TABLE OF CONTENTS. Page ... 1

SECOND QUARTER. June 30, 2018

CINEPLEX INC. Reports Fourth Quarter and Annual Results

CINEPLEX INC. Reports First Quarter Results and Announces Dividend Increase

CINEPLEX INC. Reports Second Quarter Results

CINEPLEX INC. Reports Third Quarter Results

MANAGEMENT S DISCUSSION AND ANALYSIS. Unless otherwise specified, all information in this MD&A is as of December 31, 2014.

CINEPLEX INC. Reports Record Third Quarter Results

Table of Contents CINEPLEX INC ANNUAL REPORT TABLE OF CONTENTS

Cineplex Inc. Reports Record First Quarter Results, Announces Dividend Increase and Amended Credit Facilities

2016 FIRST QUARTER March 31, 2016

MANAGEMENT S DISCUSSION AND ANALYSIS

THIRD QUARTER. September 30, 2018

THIRD QUARTER 2015 REPORT

9 Overview of Cineplex... 9 Business Strategy...

CINEPLEX INC. Reports First Quarter Results and Announces Dividend Increase

SECOND QUARTER 2015 REPORT

THIRD QUARTER 2014 REPORT

INVESTOR PRESENTATION. March 2016

CINEPLEX INC. Reports Second Quarter Results

Cineplex Galaxy. Income Fund Fourth Quarter & Full Year

CINEPLEX GALAXY INCOME FUND Reports Record First Quarter Results and Announces Distribution Increase. Three months ended March 31, 2008

FIRST QUARTER 2013 REPORT

Delivering a premium entertainment experience

CINEPLEX GALAXY INCOME FUND Reports Third Quarter Results. Three months ended September 30, 2008

CINEPLEX INC. Reports Third Quarter Results

CINEPLEX INC. Reports Fourth Quarter and Annual Results

CINEPLEX INC. Reports Annual Results

INVESTOR PRESENTATION. June 17

Management s discussion and analysis (cont d) Cineplex Inc. first quarter 2011 Destination Cineplex

Cineplex Entertainment Circuit

INVESTING for GROWTH. The Marcus Corporation. Gabelli & Company Inaugural Movie Conference March 12, 2009

CINEPLEX GALAXY INCOME FUND Reports Record Fourth Quarter and Full Year Results

INVESTOR PRESENTATION. February 2017

Piper Jaffray Non-Deal Roadshow New York, New York

Dividend Investor Canada s Top Dividend Stock for 2017

CINEPLEX GALAXY INCOME FUND 2004 ANNUAL REPORT

CINEPLEX GALAXY INCOME FUND 2004 FIRST QUARTER REPORT

GO THE DISTANCE! CATCH SPIRIT OF THE MARATHON

Coinstar, Inc. Analyst Day May 16, 2012

Cineworld 2017 Interim Results 10 th August 2017

Cineworld 2017 Interim Results 10 th August 2017

City Screens fiscal 1998 MD&A and Financial Statements

Cineworld Group 2016 Results 9 th March 2017

A copy of the company s financial filings can be obtained from us. Contact:

CENTRALPLAZA RAYONG SHOPPING COMPLEX

Management s Report to Shareholders

Our circuit is the third largest in the U.S. with 339 theatres and 4,566 screens in 41 states.

Partnership with NCM Fathom & Cineplex Entertainment Brings Three Live Performances To Movie Screens Across the U.S. & Canada Beginning January 2011

Strong all-round performance drives growth

(Company Registration No N) (Incorporated in Singapore) (the Company)

Cineplex Inc. Company Update. Updating Forecast For Q4 Box Office & Other Adjustments, Record 2017 To Gain Traction HIGHLIGHTS. The NBF Daily Bulletin

PUBLIC ART CALL FOR EXPRESSIONS OF INTEREST

The following performances will be shown live from New York at Cineplex Entertainment theatres throughout Canada:

Sonic's Third Quarter Results Reflect Current Challenges

TV Azteca in Grupo Salinas

BUY Current Price: $21.28 Target Price: $24.36 Market Cap: 3.39B S&P Debt Rating B+

PRIMACOM REPORTS 2000 RESULTS

Kinepolis Group Business Update Q Regulatory release - 16 November 2017

DEN Networks Limited Investor Update: Q1 FY

voxcinemas.com CORPORATE EVENTS AT VOX CINEMAS

MORE THAN 3,000 WAYS TO REACH YOUR CONSUMERS

CINEPLEX GALAXY INCOME FUND INITIAL ANNUAL INFORMATION FORM

Israel Analyst Presentation 24 th May 2017

TV Programming Guide. Isle of Dogs

NET LEASE INVESTMENT OFFERING AMC THEATRES

PT M Cash IPO Profile

Catalogue no XIE. Television Broadcasting Industries

Multimedia Polska S.A. 4March 2015

SKYCITY Entertainment Group Limited. Interim Results for six months to 31 December 2014

OFFICE LEASING OPPORTUNITIES

TV Azteca en Grupo Salinas

Hathway Cable &Datacom Limited

SKY 2014 AGM. SPEAKING NOTES October 2014 DIRECTOR OF CORPORATE COMMUNICATION

HIGH PROFILE HEADQUARTER OPPORTUNITY

UTV Software Communications Limited

General Purposes Tariff GP ( ) Effective from 1st July 2015 (Also showing previous year s details in brackets)

General Purposes. Tariff GP ( ) Contents. Effective from 1st July 2016 (Also showing previous year s details in brackets)

THE AND MAIL. The #1 national news brand is your connection to Canada s most influential and responsive audience.

History of the Fox Theater:

CINE INDIA FROM REEL TO FROM REEL TO REAL SUCCESS REAL SUCCESS

Date: 27 th April 2015 UFO-MOVIEZ INDIA-IPO. Issue Size and Purpose

AT&T Investor Update. 2Q08 Earnings Conference Call July 23, 2008

Major Cineplex Group Plc. Annual. Results Briefing. February 25, 2009

Roadshow Private Placement. November 2017

Creative. Impactful. Relevant.

MACQUARIE CONFERENCE Wednesday 2 May, 2018

Interim Results. 16 th August 2012

Slide 1. Fox Kids Europe NV

31 January , , ,000 90,000 80,000 70,000 60,000 50,000 40,000 30,000 20,000 10,000

VISTA APPS & SILVERSPOT CINEMA

STUDIO MOVIE GRILL ANNOUNCES EXPANSION INTO SOUTHERN CALIFORNIA

Transcription:

As at December 31, 2016 Contact/Inquiries: Pat Marshall, Vice President, Communications and Investor Relations T: 416.323.6648 E: Pat.Marshall@cineplex.com

CINEPLEX ENTERTAINMENT IS THE AS AT DECEMBER 31, 2016 AND MOTION PICTURE EXHIBITION COMPANY IN CANADA Cineplex 78.5% Landmark, 9.9% Other, 9.7% Guzzo, 1.9% THEATRES SCREENS Source: Rentrak 2

$9.23 $7.99 $8.05 $8.30 $8.67 $8.74 $8.97 $9.15 $9.13 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Box Office Premium Offerings 3

4

Continue to enhance and expand existing infrastructure and expand Cineplex s presence as an entertainment destination for Canadians in-theatre, at-home and on-the-go Capitalize on our core media strengths and infrastructure to provide continued growth of Cineplex s media business, both inside and outside theatres Develop and scale amusement and leisure concepts by extending existing capabilities and infrastructure; and Pursue selective acquisitions and opportunities that are strategic, accretive and capitalize on Cineplex s core strengths. 5

Theatre Exhibition Theatre Food Service Alternative Programming Digital Commerce 6

LUXURIOUS ACCOUNTED FOR OF BOX OFFICE REVENUE FOR THE YEAR ENDED DECEMBER 31, 2016 7

Wall to wall screens Dolby ATMOS surround sound Reserved seating Extra-wide high back, rocker seats Premium pricing 85 auditoriums (as at December 31, 2016) AUDITORIUMS OF SCREENS OF BOX OFFICE 8

All locations are digital and 3D capable Premium pricing Reserved seating 23 IMAX Theatres (as at December 31, 2016) THEATRES CAPABLE 9

Unique out-of-home experience Seats move in synchronization with the action on screen Premium pricing Reserved seating 77 locations (as at December 31, 2016) LOCATIONS 10

Enhanced food and beverage menu Adult-only licensed auditoriums Reserved recliner seats Service at your seat Private licensed lounge and box office Premium pricing 17 locations and 63 screens (as at December 31, 2016) LUXURIOUS GREAT EXCEPTIONAL 11

Scotiabank Theatre Saskatoon and VIP (Saskatoon, SK) Cineplex Cinemas Lansdowne and VIP (Ottawa, ON) Cineplex Cinemas Markham and VIP (Markham, ON) Cineplex Cinemas Yonge-Eglinton and VIP (Toronto, ON) Cineplex Cinemas Marine Gateway and VIP (Vancouver, BC) Cineplex Cinemas North Barrie (Barrie, ON) Cineplex Cinemas Kitchener and VIP (Kitchener, ON) Cineplex Cinemas Pickering and VIP (Pickering, ON) Cineplex Cinemas Seton and VIP (Calgary, AB) Cineplex Cinemas Downtown Edmonton And VIP (Edmonton, AB) 12

REVENUE 2016 Focus on speed of service Premium promotional programs Digital menu boards Proprietary brands 13

$3.84 $3.96 $4.12 $4.27 $4.41 $4.63 $4.82 $5.09 $5.43 $5.65 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 14

AS AT DECEMBER 31, 2016 15

Self-serve frozen yogurt Will replace all Cineplex yogurt RBOs 96 locations at December 31, 2016 AS AT DECEMBER 31, 2016 16

Selection of specialty gourmet popcorn AS AT DECEMBER 31, 2016 17

The Met: Live in HD Family Favourites Classic Film Series In the Gallery Series Flashback Film Festival National Theatre Live Sensory Friendly Screenings World Wrestling Entertainment Concerts, Broadway shows and special events South Asian programming (Bollywood) East Asian Hindi, Punjabi, Mandarin, Cantonese, Korean, Filipino, Telugu and Urdu 18

19

Provides entertainment content before the show Mobile ticketing - no lines 111 million site visits in 2016 510 million page views in 2016 Online ticketing and show times, exclusive entertainment content One of Canada s most popular mobile brands Downloaded 16.1 million times and recorded 873 million app sessions since launch Cineplex Apps: iphone, ipad, ipod touch, Android, BlackBerry 20

21

22

6.3 7.3 Canada s top loyalty program for movie lovers Members are represented in 45% of Canadian households 4.3 5.3 One of top five loyalty programs in Canada 2.1 2.7 3.3 One in five Canadians are SCENE members 1.4 0.6 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Number of Members (Millions) 23

Drives attendance frequency Encourages concession spend Better target offers to guests Cineplex Store Build awareness / promote trial Great opportunity for film studios and promotional partners 24

Cinema Media Digital Place-Based Media 25

26

On-screen advertising Show time, Pre-Show, and TimePlay Yukon Cineplex Magazine and Le magazine Cineplex Cineplex Magazine is the #2 most read magazine in Canada and #1 most read magazine in Canada for all demographics under 50 years old Cineplex.com and Cineplex Mobile advertising Cinema Lobby Digital Signage (Digital Backlits, Digital Lobby Screens) B.C. Alberta Sask. Manitoba Ontario Quebec Atlantic Cinema Lobby Specialty media Sponsorship and naming rights Box Office Source: Rentrak Year End 2015 CINEMA MEDIA REPRESENTS 27

86% 88% 70% 58% 58% 45% 39% 40% 14% Advertising Awareness TV (USA) Correct Brand Association Cinema Pre-Show Ad Entertainment Cinema Show time Sources: *TV Stats based on Nielsen Brand Effect (US) 2011-2015 (P13+); **Cinema Advertising Show Time Impact Study 2010-2013+2015 Strategic Marketing Counsel (SMC) and online survey via Vision Critical, Pre-Show Study 2010-2014+2016, SMC 28

FOR ADVERTISERS SCREENS NATIONWIDE (as at December 31, 2016) THEATRES NATIONWIDE (as at December 31, 2016) 29

ADVERTISING EXPERIENCE AS AT DECEMBER 31, 2016 Touch Gesture Image Capture Content Manipulation Social Media Connectivity Data Capture 30

AS AT DECEMBER 31, 2016 BRING CAMPAIGNS TO LIFE 3 minute loop keeps content upbeat and timely 84 fully HD digital backlits Roll-out now complete across circuit 31

32

Path to Purchase Point of Purchase 33

34

Expanded agreement to develop best-inclass, in-mall digital ecosystem 10 shopping centres in major markets across Canada Enhancing the customer experience Influencing customer behaviour on the path to purchase Installed, maintain and operate digital display network for nearly 230 digital displays in 21 shopping centres across Canada Engaging shopper experiences A network of floor and wall media displays, interactive digital media posters and digital spectacular screens Selected to install, maintain and operate digital display networks for nearly 175 digital displays in 21 Morguard-managed shopping centres across Canada Impactful interactive experiences for shoppers Digital wayfinding and advertising media networks that will support new store openings, retail promotions and upcoming events 35

Market-leading digital signage company Largest digital networks in Canada Proprietary technology Designs, installs, manages and consults on some of the largest digital merchandising networks in North America 36

37

MORE THAN TIM HORTONS LOCATIONS ACROSS CANADA One of the largest digital signage networks in Canadian retail 38

39

40

Amusement Solutions Location Based Entertainment esports 41

42

43

44

Collegiate StarLeague ( CSL ), a subsidiary of WGN, announced a partnership with Riot Games to present the 2017 season of CSL s League of Legends collegiate league, called ulol Campus Series, which will see over 500 schools in North America competing to qualify for the regional and national championships. 45

46

The Rec Room at South Edmonton Common 60,000 square feet Incredible dining experiences with exciting live entertainment and amusement gaming experiences 47

Toronto Roundhouse (Q2, 2017) West Edmonton Mall (Q3, 2017) Deerfoot Crossing Calgary (Q4, 2017) CF Masonville Place London (2018) 10-15 locations 40,000 60,000 sq. ft. 48

The first location of The Rec Room at South Edmonton Common opened its doors on September 19, 2016. The Rec Room features a wide range of entertainment options: A large attractions area with amusement games and interactive attractions alongside recreational activities like pool and ping pong Multiple dining options including the upscale casual restaurant Three10 A bar area featuring massive high-definition screens An auditorium-style space for live entertainment The guest experience integrates the latest in technology and gamification coupled with SCENE. 49

50

$ MILLIONS $1,371 $964 $1,006 $998 $1,092 $1,171 $1,235 $805 $850 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 51

$ MILLIONS $250 $200 $202 $201 $160 $168 $173 $137 $141 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 52

$ MILLIONS $581 $598 $577 $638 $665 $673 $711 $489 61.1 $511 63.5 70.0 69.0 66.1 71.2 72.7 73.6 77.0 74.6 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Attendance (Millions) 53

$ MILLIONS $418 $375 $235 $3.84 $252 $3.96 $288 $4.12 $295 $292 $4.27 $4.41 $329 $4.63 $350 $4.82 $5.09 $5.43 $5.65 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Concession Per Patron (CPP) 54

$ MILLIONS $154 $134 $110 $56 $61 $67 $82 $91 $84 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Media Revenue Digital Media Revenue 55

$ MILLIONS $88 $25 $26 $28 $32 $38 $41 $46 $53 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 *Includes consolidation of P1AG (formerly Cineplex Starburst Inc.) effective October 1, 2015 56

$19.82 $13.17 $13.38 $13.78 $14.59 $15.11 $15.34 $16.11 $16.77 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Box Office Per Patron (BPP) Concessions Per Patron (CPP) Media Per Patron Other Per Patron 57

MILLIONS, EXCEPT ADJUSTED EBITDA MARGIN AND PER PATRON AMOUNTS *Includes consolidation of P1AG (formerly Cineplex Starburst Inc.) effective October 1, 2015 2016 2015 % $712.4 $711.1 0.2% $423.9 $418.4 1.3% $170.8 $153.6 11.2% $171.2 $87.7 95.1% $1,478.3 $1,370.9 7.8% $234.0 $249.8-6.3% 15.8% 18.2% -2.4% 74.6 77.0-3.2% $9.55 $9.23 3.5% $5.65 $5.43 4.1% 58

80% 69% 67% 59% 56% 65% 64% 57% 64% 62% $1.15 $1.18 $1.24 $1.26 $1.26 $1.28 $1.33 $1.41 $1.48 $1.54 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Corporate Conversion Jan. 1, 2011 59

(MILLIONS) Maturity Capacity Drawn (as at December 31/16) Reserved (as at December 31/16) Remaining Term Facility Apr. 2021 $150 $150 Revolving Facility Apr. 2021 $400 $150 $6.3 $243.7 Total $550 $300 $6.3 $243.7 2.89 2.39 1.94 1.88 1.64 1.58 1.19 0.89 1.13 1.27 0.97 1.31 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 60

* As of December 31, 2016 $60 $50 $40 $30 $20 $10 $0 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 61

EBITDA is calculated by adding back to net income, income tax expense, depreciation, amortization and interest expense net of interest income Adjusted EBITDA excludes change in fair value of financial instrument, gain on acquisition of the business, the loss on disposal of assets, the equity income of CDCP, the non-controlling interests share of adjusted EBITDA of WGN and BSL, and depreciation, amortization, interest and taxes of Cineplex s other joint ventures. Adjusted free cash flow is calculated by adjusting cash provided by operating activities by total capital expenditures excluding growth capital expenditures net of proceeds on sale of assets, changes in operating assets and liabilities, changes in operating assets and liabilities of joint ventures, tenant inducements, principal component of finance lease obligations, share of income of joint ventures net of non-cash depreciation, non-controlling interests share of adjusted EBITDA, of WGN and BSL and net cash received from CDCP. Attendance is calculated as the total number of paying guests that frequent Cineplex s theatres during the period. Calculated as total box office revenues divided by total paid attendance for the period. Calculated as total box office revenues for the period, less box office revenues from 3D, UltraAVX, VIP and IMAX product divided by total paid attendance for the period less paid attendance for 3D, UltraAVX, VIP and IMAX product. Calculated as total theatre food service revenues divided by total paid attendance for the period. Defined as 3D, UltraAVX, IMAX and VIP product. Calculated as total theatre food service revenues less total theatre food service cost, divided by attendance for the period. Same theatre metrics are calculated by removing the results for all theatres that have been opened, acquired, closed or otherwise disposed of during the periods. Calculated as total film cost expense divided by total box office revenues for the period. Calculated as total cost of theatre food service divided by total theatre food service revenues for the period. 62