Your Satellite Connection to the World Annual Report 2008
YOUR SATELLITE CONNECTION TO THE WORLD ANNUAL REPORT 2008 NOW Highlights – Three successful satellite launches € € AMC-21, ASTRA 1M, Ciel-2 1,620.1m 1,630.3m Recurring 1 revenue +6.0% Reported revenue +1.2% – New orbital positions established at 31.5° East, 125° and 129° West – Transponder utilisation rate increased to 79% on a higher base of 1,082 €1,136.4m €1,100.0m commercially available transponders Recurring EBITDA +4.8% Reported EBITDA – More than 120 HD channels broadcast – Combination of SES AMERICOM and SES NEW SKIES into a new 81.6% €625.1m international division Industry-leading recurring Operating profit +2% infrastructure EBITDA margin maintained €0.98 €0.66 Average weighted earnings Proposed dividend increase of 10% per share +7.6% (2007: €0.91) (2007: €0.60) €5.8bn Fully-protected contract backlog Revenue EBITDA Average weighted earnings per share (EUR million) (EUR million) (EUR) Net debt/EBITDA 1,630.3 1,100.0 0.98 3.16 1,615.2 1,610.7 0.91 1,090.3 2.95 0.82 1,080.4 2.68 2006 2007 2008 2006 2007 2008 2006 2007 2008 2006 2007 2008 1”Recurring” is a measure designed to represent underlying revenue/EBITDA performance by removing currency exchange effects, eliminating one-time items, considering changes in consolidation scope and excluding revenue/ EBITDA from new business initiatives that are still in the start-up phase. SES network overview SES satellite fl eet Fully owned satellites as of March 15, 2009 01 02 03 SES ASTRA ASTRA 1C 5° East ASTRA 1F 19.2° East In Europe, ASTRA2Connect SES AMERICOM/NEW SKIES CapRock Communications ASTRA 1H 19.2° East is helping to bridge the provides satellite capacity for uses SES to provide ASTRA 1KR 19.2° East digital divide with broadband ComCast Media to distribute connectivity to remote oil ASTRA 1L 19.2° East connectivity to remote hundreds of channels to U.S.
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