ABS-CBN Nets P2.4 Billion for 2011

BS-CBN generated consolidated sales of P28.2 billion
From advertising and advertising and client profits, a thirteen% decline in evaluation to 2010. Less the sales from political advocacies and commercials in 2010, consolidated income for 2011 declined through four% year-on-12 months.

ABS-CBN’s advertising sales reached P17.6 billion, a decline of 19% from a year in the past. Minus the income from political advocacies and commercials in 2010, advertising and marketing and advertising and marketing income declined by way of manner of 6% twelve months-on-12 months. This lower is on account of a slowdown in advertising spending with the aid of the use of corporates.

Consumer profits for 2011 amounted to P10.6 billion, posting a 1% boom from a three hundred and sixty five days inside the beyond. Sky Cable keeps to contribute certainly with sales increasing via 10% to P4.3 billion. This is within the fundamental pushed with the aid of the extended take in of its broadband provider subscriptions which progressed thru 18% year-on-12 months. However, ABS-CBN Global income declined with the resource of eight% 365 days on 12 months in peso terms due to the decline in subscribers and the appreciation of the Philippine peso toward the United States dollar. ABS-CBN Global’s popular viewer count quantity changed into almost flat as compared to the preceding 12 months. There become subscriber increase in Canada, Asia-Pacific and Australia, whilst there were declines within the Middle East, Europe, North America and Japan.

Total running and different prices dropped through P1.1 billion or five% year-on-yr to P22.Three billion. This changed into partially a result of lower price of income and offerings and sizable and administrative fees (GAEX) because the company persevered its attempt to manage and control fees. The decline in each fee debts partly offset the boom in general production costs because of the Company’s force to produce extremely good and progressive programs.

Net income resulting from shareholders is at P2.Four billion, aided via a advantage on sale of Sky Cable Philippine Depositary Receipts (PDRs) to the Singaporean agency, STT Communications Ltd. Meanwhile, income before interest, taxes, depreciation and amortization (EBITDA) hit P6.8 billion.

Capital expenditure and movie and application rights acquisition for the 12 months amounted to P4.2 billion, 14% better than the level of spending from the previous year. Additional system have become purchased to boom the corporation’s capacity to provide extra new packages.

ABS-CBN maintained its national audience percentage and scores leadership with prime-time target audience percent averaging 40 three% , with a thirteen percentage point lead over GMA’s, based on the Kantar National TV Ratings determine.

For the entire 12 months 2011, twenty one of the organisation’s shows had been inside the Top 20, with the subsequent occupying the Top 18 slots: Emil Cruz Jr.’s Mara Clara, a hundred Days to Heaven, PabloS. Gomez’s Mutya, Minsan Lang Kita Iibigin, Ikaw ay Pag-ibig, Budoy, Maalaala Mo Kaya…, Noah, Pilipinas Got Talent (Sun), TV Patrol, Guns and Roses, Pilipinas Got Talent (Sat), My Binondo Girl, Imortal, Rated K Handa Na Ba Kayo?,Junior Master Chef Pinoy Edition (Sat), Wansapanataym, Nasaan Ka Elisa?, and Maria La Del Barrio

ABS-CBN Film Productions, Inc. Launched 16 films in 2011. Five of them–Ang Tanging Ina Mo Last Na To, Dalaw, Catch Me I’m in Love, In The Name of Love, No Other Woman and Praybeyt Benjamin–crowned P100 million in field place of business receipts, incomes blockbuster recognition by nearby requirements. No Other Woman, a co-production with Viva Films, grossed P282 million, even as Praybeyt Benjamin, additionally a co-production with Viva, grossed P342 million.