2008 Annual Report
Highlights Turnover & Profit Attributable to Equity 2008 2007 Change Holders of the Company Turnover Profit Attributable to Equity Holders of the Company Financial Highlights Performance 5,000 Earnings per share HK$2.41 HK$2.89 -17% Dividend per share – Interim HK$0.30 HK$0.30 – 4,000 – Final HK$1.40 HK$1.50 -7% HK$1.70 HK$1.80 -6% 3,000 For the year HK$’ mil HK$’ mil Turnover HK$’ mil – Terrestrial television broadcasting 2,346 2,373 -1% 2,000 – Programme licensing and distribution 773 743 +4% – Overseas satellite pay TV operations 289 281 +3% – Channel operations 1,065 965 +10% 1,000 – Other activities 107 101 +6% – Inter-segment elimination (173 ) (137 ) +26% 4,407 4,326 +2% 0 20042005 2006 2007 2008 YEAR Total expenses (3,102 ) (2,787 ) +11% Share of losses of associates (63 ) (125 ) -50% Profit attributable to equity holders 1,055 1,264 -17% Earnings & Dividends Per Share Earnings per Share Dividends per Share As at 31 December Total assets 6,742 6,251 +8% 3.5 Total liabilities 1,108 882 +26% Total equity 5,634 5,369 +5% 3 Number of issued shares 438,000,000 438,000,000 2.5 Ratios Current ratio 5.34 5.42 Gearing 6% – 2 HK$ Operational Highlights 1.5 Average audience share Weekday prime time – Jade 85% 84% 1 Weekly prime time – Pearl 75% 79% 0.5 Number of terrestrial TV channels in Hong Kong 5 * 3 0 20042005 2006 2007 2008 * as of 25 Mar 2009 YEAR 2008 Turnover by Business Segment 2008 Segment Results by Business Segment Terrestrial television Terrestrial television broadcasting 53% (55%) broadcasting 47% (62%) Programme licensing
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