DOCSLIB.ORG

Segmental Analysis

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Segmental Analysis MEDIA PRIMA BERHAD ANNUAL REPORT 2017 54 55 SEC. TWO: OUR PERFORMANCE REVIEW SEGMENTAL ANALYSIS External Revenue 2016 2017 44.1% 40.6% 31.8% 26.5% 13.9% 12.2% 10.9% 5.6% 5.3% 4.8% 1.6% 1.5% 0.2% 1.0% HOME TVN RADIO OUTDOOR PRINT DIGITAL CONTENT SHOPPING (Loss)/Profit After Tax 2016 2017 178.0% 64.7% 34.7% 24.5% 16.9% 18.0% 1.2% 0.3% 0.1% 2.3% -3.5% -0.5% -14.9% -31.9% -36.8% -53.1% HOME CORPORATE & TVN RADIO OUTDOOR PRINT DIGITAL CONTENT SHOPPING ELIMINATION MEDIA PRIMA BERHAD ANNUAL REPORT 2017 54 55 SEC. TWO: OUR PERFORMANCE REVIEW STATEMENT OF VALUE ADDED & DISTRIBUTION OF VALUE ADDED FYE FYE RM’000 2017 2016 Revenue 1,195,672 1,289,008 Royalties (1,219) (3,221) Operating Expenses (1,811,643) (1,363,710) Value Added by the Group (617,190) (77,923) Other Operating Income (Excluding Finance Income) 22,050 21,040 Finance Income 9,161 14,388 Finance Costs (14,660) (13,325) Share of Results of an Associate (4,889) (10,089) Value Added for Distribution (605,528) (65,909) Distribution of Profits 1. Employee Cost 503,028 426,434 2. Taxation 64,137 3,874 3. Shareholders’ Dividends Declared for the Financial Year - Shareholders of Media Prima Berhad - 88,736 - Non-Controlling Interests - 378 4. Retain for Reinvestment and Future Growth - Depreciation, Amortisation (Excluding Programme and Film Rights) & Impairment 472,137 184,675 - Accumulated Losses (1,644,830) (770,006) (605,528) (65,909) MEDIA PRIMA BERHAD ANNUAL REPORT 2017 56 57 SEC. TWO: OUR PERFORMANCE REVIEW VIEWERSHIP, LISTENERSHIP & READERSHIP DATA Viewership Performance 30 30 30 30 Target Malay Urban Chinese Age 4+ 4+ 4+ 4-14 years 25 25 25 25 Channel / Share Share Share Share Variable 20 20 20 20 TV3 28.1 19.3 2.0 20.9 15 15 15 15 TV9 6.5 4.4 0.6 5.6 ntv7 1.0 3.6 12.8 2.1 10 10 10 10 8TV 0.8 6.1 26.7 3.9 5 5 5 5 Source: Nielsen Audience Measurement 0 TV3 TV9 ntv7 8TV Listenership Radio Networks Reach (‘000) 404 Kool FM 542 Measurement 392 Fly FM Fly FM (Age below 30) One FM Hot FM (Age below 30) 2017 One FM (Age below 30) (Wave 2) Kool FM 1,757 Hot FM Source: GFK Radio Audience Measurement Wave 2 Readership Trend 3500 3500 3500 3500 3500 3500 Newspaper Jul’16 - Jun’17 Jul’15 - Jun’16 (‘000) (‘000) 3000 3000 3000 3000 3000 3000 BH 946 1,190 2500 2500 2500 2500 2500 2500 BH Ahad 916 1,175 2000 2000 2000 2000 2000 2000 Harian Metro 2,584 3,165 Metro Ahad 3,027 3,451 1500 1500 1500 1500 1500 1500 New Straits Times 200 182 1000 1000 1000 1000 1000 1000 New Sunday Times 154 157 500 500 500 500 500 500 Source: Nielsen Consumer & Media View Jul 2015-Jun 2016 0 Jul’16- Jul’15- Jul’16- Jul’15- Jul’16- Jul’15- Jul’16- Jul’15- Jul’16- Jul’15- Jul’16- Jul’15- Nielsen Consumer & Media View Jul 2016-Jun 2017 Jun’17 Jun’16 Jun’17 Jun’16 Jun’17 Jun’16 Jun’17 Jun’16 Jun’17 Jun’16 Jun’17 Jun’16 MEDIA PRIMA BERHAD ANNUAL REPORT 2017 56 57 SEC. TWO: OUR PERFORMANCE REVIEW SHARE PRICE CHART Share Price (RM) Volume Traded (‘000) 3.0 18,000 2.5 15,000 2.0 12,000 1.5 9,000 1.0 6,000 0.5 3,000 0 0 29 JUN 31 DEC 28 JUN 31 DEC 30 JUN 31 DEC 30 JUN 31 DEC 30 JUN 30 DEC 30 JUN 29 DEC 2012 2013 2014 2015 2016 2017 Date 29.06.2012 31.12.2012 28.06.2013 31.12.2013 30.06.2014 31.12.2014 30.06.2015 31.12.2015 30.06.2016 30.12.2016 30.06.2017 29.12.2017 Share Price (RM) 2.21 2.34 2.80 2.62 2.58 1.76 1.46 1.27 1.38 1.15 0.94 0.76 Volume Traded 2,733,200 735,500 1,885,300 137,600 1,139,900 733,200 561,300 1,076,900 42,600 11,012,500 674,800 16,775,500 Source: Bloomberg MEDIA PRIMA BERHAD ANNUAL REPORT 2017 58 59 SEC. TWO: OUR PERFORMANCE REVIEW GROUP FINANCIAL REVIEW REVENUE NEWSPRINT AND NEWSPAPER PRODUCTION COSTS MPB Group revenue declined by 7% in 2017 to RM1,195.7 million against Newsprint and newspaper production costs decreased by 23% to RM85.3 2016 revenue of RM1,289.0 million. The decline was attributed to lower million (2016: RM111.2 million) as lower newsprint and printing material advertising and newspaper sales as a result of the shift from traditional consumption is in line with lower circulation volumes of newspapers. media to digital media. This is reflected by the 12% decline in total advertising revenue to RM950.8 million (2016: RM1,074.4 million), and 30% decline OUTDOOR DISPLAY AND PRODUCTION COSTS in newspaper sales to RM88.1 million (2016: RM125.2 million). Content Outdoor display and production costs in 2017 saw a 70% increase revenue reported growth of 2% to RM22.2 million (2016: RM21.8 million) against 2016 primarily due to Malaysian Highway Authority road reserve and consumer revenue from our home shopping network recorded a fees amounting to RM34.9 million and RM12.5 million of MRT site rental significant growth to RM129.5 million (2016: RM61.4 million). The Group’s and production costs. digital-based revenue achieved a growth of more than 100% from 2016 driven by increased advertising revenue from its digital properties. EMPLOYEE BENEFITS COSTS Total employee benefits costs increased by 18% to RM503.0 million • TELEVISION NETWORKS compared to RM426.4 million in 2016. The increase was mainly due to Lower advertising expenditure (“adex”) throughout the year for Group-wide termination costs of RM110.7 million which was also part Television Networks’ (“TVN”) contributed to 15% decline in revenue of our exceptional items for 2017. to RM491.7 million in 2017 from RM575.8 million in 2016. While TVN’s core free-to-air advertising revenue declined against the DEPRECIATION preceding year, its digital and commerce initiatives notably tonton Total depreciation of property, plant and equipment and investment subscription video-on-demand service had seen revenue growth properties decreased marginally by RM1.4 million to RM100.1 million in compared to 2016. 2017 compared to RM101.5 million in 2016. The depreciation includes the accelerated depreciation for television broadcasting equipments • PRINT MEDIA due to switch of analogue television broadcasting to digital terrestrial Revenue of RM322.6 million in 2017 was a 22% decline against RM415.5 television. million recorded in 2016. Newspaper advertising and circulation revenue declined by 24% and 29% respectively in line with the decline IMPAIRMENT OF NON-CURRENT ASSETS in newspaper market demand. The platform’s digital revenue was up Total impairment charges in relation to non-current assets amounted by 79% contributed by growth of its digital portals and subscription to RM364.1 million (2016: RM76.5 million). The carrying amount in our services. investment in an associate, MNI, of RM141.5 million was fully impaired consequent to MNI’s commencement of a creditors’ voluntary winding- • OUTDOOR MEDIA up in 2017. Impairment of our property, plant and equpment (“PPE”) of Revenue growth of 6% to RM167.9 million (2016: RM158.7 million) RM117.9 million was in relation to our printing plant and machinery as contributed by higher yield from digital sites. well as our broadcasting equipment. Another signficant impairment charge in 2017 was on our intangible assets in relation to our newspaper • RADIO NETWORKS business publishing rights of RM100.5 million. Revenue declined by 3% to RM66.6 million (2016:RM68.4 million) attributed to lower adex during the financial year. The summary of our impairment of non-current assets is set out in Note 7 to the consolidated financial statements. • DIGITAL MEDIA Significant increase in revenue by 71% contributed mainly from higher TAXATION internal shared service and digital advertising revenue. The acquisition Tax expense for 2017 of RM64.1 million was a significant increase against of Rev Asia Holdings Sdn Bhd and its subsidiaries (“Rev Asia Holdings RM3.9 million in 2016. The increase was attributed to net deferred group”) during the financial year has given a new catalyst for growth in tax charge of RM54.5 million (2016: (RM25.2 million)). However, the the digital advertisement for this segment. The details of the acquisition increase in deferred tax charge was offset by the reduction in current of Rev Asia Holdings group and its effects on the Group are set out in tax which reduced by 67% against prior year to RM9.6 million (2016: Note 16 to the consolidated financial statements. RM29.1 million). As a result of the net deferred tax charge, our Group effective tax rate stood higher than the statutory corporate tax rate of • CONTENT CREATION 24%. Content Creation recorded external revenues of RM18.1 million for 2017, which is a 11% decline from 2016. The decline was mainly due PROFITABILITY to lower box office revenues, advertiser content and film distribution We incurred a loss after tax of RM669.7 million for the financial year services. 2017 compared to RM69.8 million in 2016. If the exceptional items were excluded, we posted a normalised loss after tax of RM172.3 million AMORTISATION OF INTANGIBLE ASSETS detailed as follows: Amortisation of intangible assets decreased from RM198.7 million in 2016 to RM186.7 million in 2017.
Load more

Recommended publications
  • O U R O D Y S S
    ANNUAL REPORT 2017 OUR ODYSSEY MediaPrima AT A GLANCE CONTENTS WHO WE ARE HOW WE ARE GOVERNED 4 Corporate Profile 91 Corporate Governance Overview Statement 6 Our Milestones 109 Additional Compliance Information 9 Corporate Structure 110 Statement on Risk Management and Internal Control 10 Organisation Structure 121 Audit Committee Report 12 Snapshots of 2017 127 Risk Management Committee Report 16 Awards and Recognition 2017 OUR NUMBERS OUR PERFORMANCE REVIEW 130 Financial Statements 20 Group Chairman’s Statement 24 Group Managing Director’s Statement-MD&A ADDITIONAL INFORMATION 30 Review of Operations 213 Analysis of Shareholdings 54 Segmental Analysis 216 Top 10 Properties Held by the Group 55 Statement of Value Added & Distribution of Value Added 217 Corporate Information 56 Viewership, Listenership & Readership Data 57 Share Price Chart 58 Group Financial Review AGM INFORMATION 219 Notice of Annual General Meeting 221 Statement Accompanying Notice of Annual General OUR COMMITMENT TO SUSTAINABILITY Meeting 60 Sustainability Report 222 Financial Calendar 75 Investor Relations • Proxy Form OUR LEADERSHIP • Group Directory 76 Our Board of Directors 78 Directors' Profile 86 Senior Management Team OUR ODYSSEY As digital disruption takes full form, we at Media Prima aim to embrace the many opportunities that come with it. In 2017, Media Prima embarked on our Odyssey Transformation Plan – a strategic initiative to reinvent the Group to become the leading digital-first content and commerce entity. In doing this, we will continue to enrich lives by informing, entertaining and engaging across all media, just as how we have been doing for decades. The only difference is that we are doing them all with a strong focus on digital platform.
    [Show full text]
  • Rev Asia Display
    MEDIA PRIMA OMNIA SDN. BHD. (436623-M) (formerly known as 'Able Communications Sdn. Bhd.') Balai Berita, Anjung Riong, 31, Jalan Riong, Bangsar, 59100 Kuala Lumpur Tel: 1300 300 672 | www.mediaprima.com.my DIGITAL ADS REV ASIA DISPLAY BUY VIRALCHAM SELL BY DURATION EXCEPT FOR MOBILE CARDS/GROW/SPIN/SCROLL PLAY/AI Estimated Impressions Ad Unit SoV Location Duration Rate Card Rate Card CPM per Week Leaderboard 20% 60,000 7 RM3,000.00 RoS (Mobile + Desktop) Showcase/MRec 20% 60,000 7 RM3,000.00 Premium Execution: Skinner 100% RoS Desktop 30,000 7 RM6,000.00 Premium Execution: Billboard 100% RoS Desktop 30,000 7 RM6,000.00 Premium Execution: Takeover 100% RoS Desktop 30,000 7 RM10,000.00 Premium Takeover: Navigation bar 100% RoS (Mobile + Desktop) 500,000 7 RM60,000.00 Sizmek Swipe Leaderboard 100% RoS Mobile 150,000 7 RM80.00 Mobile Cards/Mobile Grow* 100% RoS Mobile 150,000 7 RM70.00 Mobile Spin/Mobile Scroll Play* 100% RoS Mobile 150,000 7 RM70.00 Mobile Cards/Mobile Grow (with video ad)* 100% RoS Mobile 150,000 7 RM80.00 Mobile Spin/Mobile Scroll Play (with video ad)* 100% RoS Mobile 150,000 7 RM80.00 AI In-Image Units NA RoS Mobile 150,000 7 RM100.00 *Additional production cost of RM3,500 (cards+grow) and RM5,000 (Spin+Scroll play) applies if client does not have ready materials ROJAKLAH SELL BY DURATION EXCEPT FOR MOBILE CARDS/GROW/SPIN/SCROLL PLAY/AI Estimated Impressions Ad Unit SoV Location Duration Rate Card Rate Card CPM per Week Leaderboard 20% 60,000 7 RM3,000.00 RoS (Mobile + Desktop) Showcase/MRec 20% 60,000 7 RM3,000.00 Premium
    [Show full text]
  • Stations Monitored
    Stations Monitored 10/01/2019 Format Call Letters Market Station Name Adult Contemporary WHBC-FM AKRON, OH MIX 94.1 Adult Contemporary WKDD-FM AKRON, OH 98.1 WKDD Adult Contemporary WRVE-FM ALBANY-SCHENECTADY-TROY, NY 99.5 THE RIVER Adult Contemporary WYJB-FM ALBANY-SCHENECTADY-TROY, NY B95.5 Adult Contemporary KDRF-FM ALBUQUERQUE, NM 103.3 eD FM Adult Contemporary KMGA-FM ALBUQUERQUE, NM 99.5 MAGIC FM Adult Contemporary KPEK-FM ALBUQUERQUE, NM 100.3 THE PEAK Adult Contemporary WLEV-FM ALLENTOWN-BETHLEHEM, PA 100.7 WLEV Adult Contemporary KMVN-FM ANCHORAGE, AK MOViN 105.7 Adult Contemporary KMXS-FM ANCHORAGE, AK MIX 103.1 Adult Contemporary WOXL-FS ASHEVILLE, NC MIX 96.5 Adult Contemporary WSB-FM ATLANTA, GA B98.5 Adult Contemporary WSTR-FM ATLANTA, GA STAR 94.1 Adult Contemporary WFPG-FM ATLANTIC CITY-CAPE MAY, NJ LITE ROCK 96.9 Adult Contemporary WSJO-FM ATLANTIC CITY-CAPE MAY, NJ SOJO 104.9 Adult Contemporary KAMX-FM AUSTIN, TX MIX 94.7 Adult Contemporary KBPA-FM AUSTIN, TX 103.5 BOB FM Adult Contemporary KKMJ-FM AUSTIN, TX MAJIC 95.5 Adult Contemporary WLIF-FM BALTIMORE, MD TODAY'S 101.9 Adult Contemporary WQSR-FM BALTIMORE, MD 102.7 JACK FM Adult Contemporary WWMX-FM BALTIMORE, MD MIX 106.5 Adult Contemporary KRVE-FM BATON ROUGE, LA 96.1 THE RIVER Adult Contemporary WMJY-FS BILOXI-GULFPORT-PASCAGOULA, MS MAGIC 93.7 Adult Contemporary WMJJ-FM BIRMINGHAM, AL MAGIC 96 Adult Contemporary KCIX-FM BOISE, ID MIX 106 Adult Contemporary KXLT-FM BOISE, ID LITE 107.9 Adult Contemporary WMJX-FM BOSTON, MA MAGIC 106.7 Adult Contemporary WWBX-FM
    [Show full text]
  • Berjaya Marks Its Presence in Japan with the Grand Opening of Four Seasons Hotel and Hotel Residences Kyoto
    Berjaya Corporation Berhad’s Quarterly Newsletter - Issue 4, 2016 KDN No : PP 7432/02/2013(031932) BERJAYA MARKS ITS PRESENCE IN JAPAN WITH THE GRAND OPENING OF FOUR SEASONS HOTEL AND HOTEL RESIDENCES KYOTO From left: Berjaya Times Square CEO Chryseis Tan, Berjaya Group Chairman/CEO Dato’ Sri Robin Tan, Madam Low Siew Beng, Puan Sri Datin Seri Esther Tan, Tan Sri Dato’ Seri Vincent Tan, Princess of Johor Her Highness Tunku Tun Aminah Maimunah Iskandariah, His Majesty Sultan Ibrahim ibni Almarhum Sultan Iskandar, Daisaku Kadokawa, Isadore Sharp and Governer of Kyoto prefecture Keiji Yamada during the Japanese tradition of sake barrel breaking ceremony. On 29 November 2016, Berjaya Corporation Berhad of Four Seasons Hotels and Resorts. and we are very much looking forward to further (“Berjaya”) launched its first Japanese property with building our reputation within the Japanese market,” the grand opening of Four Seasons Hotel and Hotel The event put the full spectrum of onsite services on continued TSVT. Residences Kyoto (“Four Seasons Kyoto”). The hotel display, including a tour of the property, facilities, and marks the much-anticipated entry of Berjaya into Japan, residential apartments. Guests enjoyed an opening Mr Isadore Sharp said, “Four Seasons Hotel Kyoto is one of the world’s fastest-growing tourist destinations. reception featuring a rousing Taiko Drum performance. a stunning addition to our global portfolio, designed to This was followed by speeches by Tan Sri Dato’ Seri ensure guests enjoy the highest standards of quality and Four Seasons Kyoto, which had its soft opening on Vincent Tan (“TSVT”), Mr Isadore Sharp and Mr Daisaku the most genuine and personal service – the markers of 15th October 2016, is owned by Kyoto Higashiyama Kadakawa.
    [Show full text]
  • Media Prima Berhad AR2019
    Media Prima Berhad INVESTOR RELATIONS “MEDIA PRIMA IS COMMITTED TO MAINTAINING HIGH STANDARDS IN THE DISSEMINATION OF RELEVANT AND MATERIAL INFORMATION ON THE GROUP IN ORDER TO MAINTAIN EFFECTIVE, COMPREHENSIVE AND TIMELY DISCLOSURE OF INFORMATION.” Engaging the Investment Community We acknowledge the importance of effective, transparent and regular communication with our investment community, to provide a clear picture are paramount for a well-functioning analyses of the Group and its operating of the Group’s performance and governance framework. businesses, and the outlook for the position. Media Prima is committed to following financial period. high standards in the dissemination of We maintain various communication relevant and material information on channels to ensure that our analysts, We host analyst and investor briefings the Group in order to maintain effective, investors and stakeholders have a to present our first half and full-year comprehensive and timely disclosure of sound understanding of the Group’s results, chaired by our Group Managing information. performance and position while we Director, supported by our Group Chief navigate a fluid business environment. Financial Officer, and attended by Senior Throughout 2019, we proactively Management. Through these briefings, engaged with analysts, fund managers Our key financial results and operating we aim to provide transparent and and investors, to keep them updated on metrics are released publicly to Bursa effective dialogue with our analysts our performance, strategies, as well Securities on a quarterly basis. Our and investors through a comprehensive as industry changes and outlook, while quarterly reports consist of detailed presentation, followed by a question and practising interactive and two-way information relating to financial answer session.
    [Show full text]
  • 2019 Sustainability Report
    Media Prima Berhad INSIDESTAYING TRUE THIS REPORT TO WHO WE ARE 01 ENVIRONMENT 06 2 Letter From the Group Chairman 14 Materials Management 14 Paper 15 Environmentally-Friendly Plates 15 Ink REIMAGINING THE 15 Energy Management FUTURE OF MEDIA 02 16 Energy Intensity 4 Forces of Change in the Operating Environment 16 Water Management 5 Strategy: Sustaining Traditional Media While Evolving 16 Waste Management Into the Digital Era 17 Solid Waste 5 In the Vanguard of Digital Transformation 17 Scheduled Waste 18 Effluents Management 19 Climate Change and Greenhouse Gas Emissions STAKEHOLDER 19 Scope 1 19 Scope 2 ANALYSIS 03 20 Scope 3 20 The Need to Go Beyond Compliance MATERIALITY 04 VIBRANT COMMUNITIES 8 Methodology EVERYWHERE 07 10 Results 21 Media Prima 21 Pintar School Adoption Programme 21 Contributing to Those in Need by Doing What We Do Best 21 Media Prima – NSTP Humanitarian Fund ECONOMIC 22 A-Heart For A-Heart Brings Smiles to 12 Children 05 23 Tabung Bencana NSTP-Media Prima 11 Being a Catalyst for Growth 23 Tabung TV3 Bersamamu 11 Staying Relevant to Our Audience 23 Tabung Kemanusiaan Palestin Media Prima 11 Survival of Those Most Adaptable 23 Tabung Kemanusiaan Rohingya Media Prima 12 Digital Publisher of the Year 24 NSTP 12 Number One for Mobile Content in Malaysia 24 Jomstudi – Education for All 13 Tapping the Nation’s Growing Home Shopping and 24 Merdeka @ Homeless & Urban Poor E-Commerce 24 New Straits Times 13 Supporting Malaysia’s Digital Economy: A New Driver 24 Pre-Christmas Festive Visit of Development 24 BH 24 School
    [Show full text]
  • Music Authors' Copyright Protection (Macp) Berhad
    MUSIC AUTHORS’ COPYRIGHT PROTECTION (MACP) BERHAD Distribution Rules of General & Digital Royalties 2016 April 2017 No. Table of Contents Pages 1. Pool Division 3 2. Frequency of Distribution 3 3. Timing of Distribution 3 4. Minimum Payment 3 5. Distribution Numbering System 3 - 4 6. Calculation of Net Distributable Royalties 4 7. Unlogged Performance Allocation (UPA) 4 - 5 8. Programme Returns 5 - 7 9. Division of fees 7 - 9 9.1 Guidelines relating to Non-Member’s share 9.2 Guidelines relating to Performances 9.3 Guidelines relating to Sub-Published works 9.4 Guidelines relating to Arrangement 10. Music Classification 9 - 10 10.1 Featured Work 10.2 Programme Music 11. Points Awards Table 11 12. Special Accounts 11 - 12 12.1 Public Domain Special Account (PD) 12.2 Non-member Special Account (NM) 12.3 Dispute Special Account (DIS) 12.4 Credit In Suspense (CIS) 13. Dramatico-musical works 12 13.1 Overseas Works 13.2 Local Works 14. Royalties received from affiliated societies 13 15. Adjustments 13 16. AMALFI Resolution of CISAC 13 2 | P a g e 1. Pool Division General General pool involves performance royalties (public performances and broadcast) collected in a fiscal year allocated into 6 main pools. They are General Licences, Concerts, Film, Television, Radio and Others. Separate codes are created for major concerts. Digital Digital pool involves performing and mechanical royalties collected in the distribution period for Ring Back Tone/Ring Tones, Streaming and Downloading services. 2. Frequency of Distribution General Performing royalties shall be distributed once a year. Digital Digital royalties shall be distributed twice a year.
    [Show full text]
  • MALAYSIA) BERHAD (Incorporated in Malaysia
    Registration No. 196101000449 (4485 H) THE NEW STRAITS TIMES PRESS (MALAYSIA) BERHAD (Incorporated in Malaysia) STATUTORY FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 Registered office: Balai Berita, Anjung Riong, No. 31, Jalan Riong, Bangsar, 59100, Kuala Lumpur. Principal place of business: Balai Berita, Anjung Riong, No. 31, Jalan Riong, Bangsar, 59100, Kuala Lumpur. 0128A0/nor Registration No. 196101000449 (4485 H) THE NEW STRAITS TIMES PRESS (MALAYSIA) BERHAD (Incorporated in Malaysia) STATUTORY FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 CONTENTS Page(s) DIRECTORS’ REPORT 1 - 4 STATEMENTS OF COMPREHENSIVE INCOME 5 STATEMENTS OF FINANCIAL POSITION 6 - 7 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY 8 COMPANY STATEMENT OF CHANGES IN EQUITY 9 STATEMENTS OF CASH FLOWS 10 - 11 NOTES TO THE FINANCIAL STATEMENTS 12 - 91 STATEMENT BY DIRECTORS 92 STATUTORY DECLARATION 92 INDEPENDENT AUDITORS’ REPORT 93 - 96 Registration No. 196101000449 (4485 H) THE NEW STRAITS TIMES PRESS (MALAYSIA) BERHAD (Incorporated in Malaysia) DIRECTORS’ REPORT The Directors hereby submit their report to the members together with the audited financial statements of the Group and the Company for the financial year ended 31 December 2019. PRINCIPAL ACTIVITIES The principal activities of the Group and Company consist of the publishing and sale of newspapers and books, advertisements, provision of internet based online services, property management services, seminars arrangement, printing and transportation. The principal activities and details of the subsidiaries and associates are set out in Note 29 to the financial statements. FINANCIAL RESULTS Group Company RM’000 RM’000 Loss for the financial year (112,995) (114,270) ═══════ ═══════ DIVIDENDS No dividend has been paid or declared since the end of the previous financial year.
    [Show full text]
  • Rev Media Group: Malaysia’S #1 Digital Publisher
    WHERE WE ARE Annual Report 2020 31 REV MEDIA GROUP: MALAYSIA’S #1 DIGITAL PUBLISHER REV Media Group (“RMG”), a leading digital publisher in Malaysia, has been the driving force behind Media Prima’s digital initiatives. We represent over 30 top authority brands across multiple languages and platforms comprising News, Entertainment, Lifestyle, Technology and more. With an extensive distribution network that reaches out to more than 15 million Malaysians a month, we strive to elevate brands to greater heights through influential, data-driven digital marketing solutions and exceptional content aimed at winning the hearts of consumers. This year, RMG continued to be at the forefront of the Group’s A new identity Logo feature wall in digital transformation initiatives, Basecamp, Sri Pentas. maintaining our position as the number one choice in mobile content (reaching about 83% of Malaysia’s total digital population as of November 2020) as we focused our efforts on more growth and monetization opportunities for the Group. WHERE WE ARE Media Prima Berhad 32 Platform Review As part of our corporate initiative to further 1 streamline business processes and functions, Media Prima Digital and REV Asia rebranded to REV Media Group in July 2020 and both teams are currently based in Sri Pentas (Basecamp and Fort North). The new branding has enabled us to offer better clarity and synergies to our customers as we continue to deliver the best solutions to them, thus helping us solidify our position as the leading digital publisher in Malaysia. EMBRACING THE NEW NORMAL After months of preparation to host clients and agencies at Basecamp, Sri Pentas for Exploding Content 2020, we had to pivot to host the event virtually instead as a precautionary measure to the rise in Covid-19 cases.
    [Show full text]
  • Mediapb SR18 . Revised.Pdf
    MEDIA PRIMA BERHAD INSIDE THIS REPORT 003 ABOUT THIS SUSTAINABILITY 029 ENVIRONMENT 055 Health and Safety REPORT 029 MATERIALS MANAGEMENT Training 004 FROM OUR CHAIRMAN’S DESK 029 Paper 056 Safety Measures 006 CORPORATE STRUCTURE 031 ENVIRONMENTALLY- for Suppliers and 007 INNOVATING OUR DIGITAL FRIENDLY PLATES Subcontractors FUTURE 032 INK 057 Personal Protective 008 KEY FIGURES 2018 033 WATER MANAGEMENT Equipment (“PPE”) 009 KEY EVENTS IN 2018 034 ENERGY MANAGEMENT 058 Chemical Health Risk 012 FORCES OF INNOVATION IN 035 Energy Intensity Assessment (“CHRA”) THE DIGITAL ENVIRONMENT 035 WASTE MANAGEMENT and training on safe 013 STRATEGY 036 Solid Waste handling of hazardous 014 Strategic Development 036 Scheduled Waste chemicals Areas 037 EFFLUENTS MANAGEMENT 058 Media Prima Safety 016 VALUE CREATION MODEL 038 OZONE DEPLETING EMISSIONS Records 017 SUSTAINABILITY GOVERNANCE 038 GREENHOUSE GAS EMISSIONS 059 COLLECTIVE AGREEMENT 017 LEADING FROM THE TOP 039 Scope 1 & FREEDOM OF 017 PROCESSES THAT 039 Scope 2 ASSOCIATION ENHANCE SUSTAINABILITY 039 Scope 3 060 COMPLIANCE EFFORTS 040 ENVIRONMENTAL EXPENDITURE 061 VALUABLE MEMBER OF 017 INCENTIVISING 041 SOCIAL SOCIETY SUSTAINABILITY 042 PEOPLE MANAGEMENT 061 MEDIA PRIMA - NSTP 017 AUDITS AND REPORTING 043 A FAIR AND REWARDING HUMANITARIAN FUND 018 MEDIA PRIMA’S STAKEHOLDER WORKPLACE 062 Tabung Bencana NSTP INTERACTION 045 LOCAL HIRING – Media Prima 021 MATERIALITY 045 EMPLOYEE VOLUNTEERING 062 Tabung TV3 021 The Methodology 045 PROMOTING DIVERSITY Bersamamu 023 The Results 047 PERFORMANCE 062
    [Show full text]
  • Children's Media Takeover 2017 List of Participating Media & Programmes
    CHILDREN'S MEDIA TAKEOVER 2017 LIST OF PARTICIPATING MEDIA & PROGRAMMES No. Media Brand Channels/ Stations Date Programme Feature with children playing dodgeball and them 1 Astro Astro Arena Digital 20th November conducting interviews on FB and Youtube Lite FM 20th November Interview Session @ Lite Breakfast Astro Radio Network 2 Across all Astro Radio Stations 20th November Children takeover during all Breakfast sessions Stations 2pm - Bookmark 3 BFM The Bigger Picture 20th November 3pm - Earth Matters 4pm - Health & Living 4 Daily Express - Sabah Print 20th November Half page feature for children from 19 & 20th November Interview with Band - Enterprise 5 Daily Seni Web & Social Media 20th November Movie Review - Hawa 20th November Teaser Video featuring children in Faces of Malaysia 6 Faces of Malaysia Social Media 6th December Special Feature of children in Faces of Malaysia (YouTube) 10am - Bangkit Live 7 im4u im4u Radio 20th November 4pm - ChillX 9pm - Goodnite All Starz 8 Kakiseni.com Social Media 20th November Child as social media correspondent 9 KupiKupiFM - Sabah Radio 20th November Interview with children Hot.FM 7.30 am - Geng Pagi Hot Media Prima Radio Kool.FM 2.30 pm -Rave/viral on social media during Petang Kool 10 20th November Networks Fly.FM 4.30pm - Interview with Ivan One.FM 8.30am - Interview with Morning Kaki 11 NX Digital Online 20th November 3pm - NX Now Live 12 RTM TV TV1 20th November 8am - Selamat Pagi Malaysia 9am - Traxx Morning Show Traxx Morning Traffic Update Traxx.FM 20th November FB LIVE 3pm - Chill at
    [Show full text]
  • Key Highlights 2019 Media Landscape Overview a New Phase
    66 Key Highlights 2019 67 Media Landscape Overview 70 A New Phase of Broadcast Industry 74 National Broadcasting Digitalisation Project 77 Service Providers in Malaysia 77 FTA TV 79 Pay TV 82 New Service Providers 83 The Changing Broadcast Landscape 85 Radio Broadcasting 85 Radio Listenership in Malaysia 86 Radio Listening Dominates Audio In-Cars 87 Radio Broadcasting in Digital Age 89 Advertising Expenditure (ADEX) 89 Internet Advertising This chapter presents analysis and information on the growth of media consumption by making comparisons globally and in selected countries. This chapter also presents the challenging broadcasting landscape in Malaysia namely the paradigm shift of TV viewing to OTT online streaming and digital advertising. Most importantly, this chapter highlights the journey and completion of Analogue Switch Off in Malaysia. KEY HIGHLIGHTS 2019 66 INDUSTRY PERFORMANCE REPORT 2019 MEDIA LANDSCAPE OVERVIEW INTERNET CONSUMPTION CONTINUES TO GROW The global Internet consumption has increased steadily over the years, reporting a daily average of 2 hours 50 minutes in 2019, up from 2 hours 3 minutes in 2015 (Figure 4.1). The growth is mainly driven by higher Internet adoption and growing prevalence of mobile platform (Figure 4.2). Consumption for traditional TV recorded a marginal decline of 3 minutes during the five-year period of TV viewing to 2 hours 47 minutes a day in 2019. In contrast, radio remains consistent with listenership up to an hour per day. Global Media Consumption in 2019 Internet: TV: Radio: Daily average
    [Show full text]