New Foundations
Total Page:16
File Type:pdf, Size:1020Kb
Annual report 2015 New foundations WorldReginfo - 98d6df53-df22-4831-920f-34b17f311e3b WorldReginfo - 98d6df53-df22-4831-920f-34b17f311e3b Annual report 2015 New foundations WorldReginfo - 98d6df53-df22-4831-920f-34b17f311e3b WorldReginfo - 98d6df53-df22-4831-920f-34b17f311e3b Contents INTRODUCTION 2 SES at a glance 3 Organisation 4 Financial highlights 5 Introduction by the Chairman of the Board of Directors 6 Foreword from the President and CEO 8 GLOBALISATION 12 Global fleet GEO-MEO 14 Channel Count 16 VERTICALISATION 17 Video 19 Enterprise 21 Mobility 23 Government 25 INNOVATION 26 Next Generation Satellites 29 Next Generation Constellations 31 Next Generation Talent 32 SOCIETY 33 e-lections - Satellite connectivity increasing electoral transparency 34 e-health - Why satellite is vital to developing a globally unified e-health system 35 e-mergency.lu - Re-establishing communications in emergency situations 36 CORPORATE GOVERNANCE 37 FINANCIAL REVIEW BY MANAGEMENT 58 CONSOLIDATED FINANCIAL STATEMENTS 65 SES ANNUAL ACCOUNTS 117 WorldReginfo - 98d6df53-df22-4831-920f-34b17f311e3b INTRODUCTION 2 SES Annual Report 2015 WorldReginfo - 98d6df53-df22-4831-920f-34b17f311e3b CORPORATE FINANCIAL FINANCIAL SES ANNUAL INTRODUCTION GLOBALISATION VERTICALISATION INNOVATION SOCIETY GOVERNANCE REVIEW STATEMENTS ACCOUNTS • SES at a glance • Organisation • Financial highlights • Introduction by the Chairman of the Board of Directors • Foreword from the President and CEO SES at a glance SES is proud to be the world’s leading satellite-enabled solutions SES provides a differentiated global offer for data communications, provider. We connect people, businesses and communities across including specialised VSAT services directed at businesses the globe, reaching 99% of the world’s population. By enabling worldwide. We reach more than one million simultaneous fixed thousands of services in homes, companies and institutions, internet connections with an average bitrate of 12 Megabits per we enrich the lives of billions of people and drive worldwide second. Each year, we exchange 57 Gigabits per second of data digitisation. We provide reliable data connectivity between traffic with the internet, delivering close to 219,573 Terabytes of businesses and communities that spurs economic growth, data to thousands of global internet points of presence (POPs). We stretching across land, sea and sky to surpass all other forms further differentiate our offering with continued investment in both of communications infrastructure. Our innovative high-speed GEO and MEO high throughput infrastructure. Together with O3b, broadband solutions fundamentally change the travel experience SES serves customers in sectors including telecommunications, oil for passengers, whether on short-haul flights or week-long cruises. & gas, banking, transportation, health and education. We deliver We support governments and institutions, offering seamless unprecedented access to a unique, ubiquitous, high performance communication for ministries, embassies, troops and agencies with and future-proof network. powerful security and defence networks. Satellite is the only architecture capable of delivering connectivity The centrepiece of our operations is a fleet of 52 geostationary to aeronautical and maritime platforms, meeting the growing (GEO) satellites in orbit at 36,000km above Earth. O3b’s 12 medium needs of these industries by guaranteeing 100% coverage earth orbit (MEO) satellites augment our operations, flying at of land, sea and air. We serve all three major global in-flight 8,000km. We are the first satellite provider in the world to deliver a connectivity providers, offering 4 Gigabits per second of potential differentiated and entirely scalable GEO-MEO offer with powerful in-flight bandwidth. Through our combined offer with O3b, we technical capabilities. Our future GEO wide beam, GEO High have initiated a new era of maritime connectivity, beginning Throughput Satellites (HTS) and MEO high throughput systems with innovative solutions for cruise ships. O3b serves four Royal fuel an unparalleled service delivery. Combined with our ground Caribbean cruise ships providing them with more bandwidth operations, this unique fleet enables us to develop differentiated than the entire maritime industry combined. Dedicated beams on services across numerous market segments and geographies. O3b satellites follow the ships wherever they go, transmitting a Our high performance and powerful solutions appeal to many constant 500 Mbps of coverage to guests and crew. different customers for their scalability, reliability, customisation, and cost effectiveness. We serve the diverse needs of governments and multilateral agencies around the world, satisfying the increasing demand SES ensures excellence across four main pillars: Video, Enterprise, for high-bandwidth satellite-based applications. Our network is Mobility and Government. With experts and offices in 21 countries, globally redundant, secure and highly reliable, providing end-to-end we serve more than 700 broadcasters, businesses, institutions and solutions for civilian, security and defence applications, information governments in more than 130 countries. gathering, and humanitarian purposes such as e-health, e-learning, e-lections and e-mergency. Our Galileo/EGNOS contracts further We provide video distribution globally to broadcasters, cable TV strengthen our partnerships with the European agencies and programmers, telecommunications and mobile operators, and governments. With SES Government Solutions, we are a leading Internet Service Providers (ISPs). Our clients include the majority of provider of commercial satellite communication solutions to the the leading blue-chip broadcasters and platforms on all continents. U.S. government. Our services assist multiple missions, including We reach over 1 billion people in 317 million TV households enabling the worldwide exchange of information with embassies with multiple access modes, including 42 million IPTV homes. and troops abroad. We operate the world’s leading video platform and largest high definition (HD) platform by far, delivering consistent bandwidth of These four focal areas will propel SES into the future. We are 4 to 5 Gigabits per second per spacecraft to ensure flawless video prepared to meet changing needs caused by global digitisation and quality. We enable broadcasters to deliver more than 7,200 TV increased complexity. We go beyond providing a communications channels to global audiences, including over 2,200 HD channels, infrastructure to delivering customised end-to-end solutions that and 19 in Ultra HD. We also provide value-added services along are scalable, reliable and future proof. Building on these strengths, the technical value chain for the preparation and transmission we are prepared to adapt responsively to seize new opportunities. of content via linear and non-linear platforms. This includes internet and mobile handsets so that we integrate our services into seamless and comprehensive next-generation video delivery. SES Annual Report 2015 3 WorldReginfo - 98d6df53-df22-4831-920f-34b17f311e3b COMPANY ORGANISATION Our Satellite infrastructure business handles satellite fleet operations and sales of transmission capacity. SES operates and commercialises satellite transmission worldwide. In addition to satellite capacity, SES provides a differentiated global offer with a complete range of value- added services provided by dedicated service companies. 100% Provides integrated end-to-end satellite 100% Offers services to broadcasters comprising solutions, ground infrastructure and operational content management, play-out, multiplexing, services, as well as broadband connectivity encryption and satellite uplinks. worldwide. www.ses-ps.com www.ses.com/techcom LuxGovSat is a 50/50 public-private partnership 100% Provides total communications capacity between SES and the Luxembourg government for governments and institutions, from satellite that will procure and launch a dedicated satellite, bandwidth to customised end-to-end solutions with GovSat-1, for governmental use deploying dedicated hosted payloads. military frequencies (X-band and military Ka-band) www.ses-gs.com for defence and security. 100% Broadcasts popular free-to-air TV channels in high definition to the German market. www.hd-plus.de SES HOLDS STRATEGIC PARTICIPATIONS IN SEVERAL SATELLITE OPERATORS: 70% Ciel is a Canadian satellite service provider that works to bring the highest quality digital television and broadband services to homes and businesses 49%* stake in O3b, a company registered in Jersey, throughout North America. Currently using the Channel Islands, that is building a new satellite- orbital position 129°W. Ciel has the rights to develop based, fibre-quality, global internet backbone for spectrum at an additional five orbital slots. SES telecommunications operators and internet service holds a 70% stake in Ciel. providers in emerging markets. 35% participation in Yahlive, a partnership of Abu Dhabi. YahLive owns and commercialises 23 Ku- band transponders on the Yahsat 1A satellite to provide direct-to-home television capacity and services to numerous countries in the Middle East, North Africa and southwest Africa. * On a fully diluted basis (SES's equity interest in O3b Networks 4 SES Annual Report 2015 is 43%) WorldReginfo - 98d6df53-df22-4831-920f-34b17f311e3b CORPORATE FINANCIAL FINANCIAL SES ANNUAL INTRODUCTION GLOBALISATION VERTICALISATION INNOVATION SOCIETY GOVERNANCE REVIEW