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Appendix 4E Preliminary final report Name of entity TWENTY-FIRST CENTURY FOX, INC. ABN or equivalent company reference Financial year ended ARBN: 111 480 561 30 June, 2013 Results for announcement to the market US$ million Revenues up 10.5% to 27,675 Net income ** to 7,097 Dividends Amount per share Franked amount Current period Final – 2013 (declared): - Class A - non-voting US$ 0.125 Unfranked - Class B - voting US$ 0.125 Unfranked Interim – 2013 (paid): - Class A - non-voting US$ 0.085 Unfranked - Class B - voting US$ 0.085 Unfranked Previous corresponding period Final – 2012: - Class A - non-voting US$ 0.085 Unfranked - Class B - voting US$ 0.085 Unfranked Interim – 2012: - Class A - non-voting US$ 0.085 Unfranked - Class B - voting US$ 0.085 Unfranked On June 28, 2013 Twenty-First Century Fox, Inc. (formerly known as News Corporation) completed the separation of its business into two independent publicly traded companies (the “Separation”) by distributing to its stockholders all of the outstanding shares of the new News Corporation. The total dividends declared relating to fiscal 2013 results were US$0.21 per share of Class A Common Stock and Class B Common Stock. In August 2013, the Company declared the final dividend on fiscal 2013 results of US$0.125 per share for Class A Common Stock and Class B Common Stock. This together with the interim dividend of US$0.085 per Class A Common Stock and Class B Common Stock constitute the total dividend for fiscal 2013. The net tangible asset backing per share as of 30 June 2012 pertains to a period prior to the Separation and therefore sets forth the net tangible asset backing per share of the former News Corporation which on June 28, 2013 completed the Separation and was re-named Twenty-First Century Fox, Inc. The final dividend has been declared and is payable on 16 October, 2013. The record date for determining dividend entitlements is 11 September, 2013. The final dividend has not been provided for in the Consolidated Financial Statements as it was not declared and announced by the Directors prior to 30 June, 2013. For personal use only Net tangible asset backing per share is US$(0.95) as of 30 June 2013 (2012: US$2.05) and is based on asset values disclosed in the Consolidated Balance Sheets. **not meaningful Commentary on these results is contained in the attached Form 10-K for the period ended 30 June, 2013. UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Mark One) È ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2013 or ‘ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-32352 TWENTY-FIRST CENTURY FOX, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 26-0075658 (State or Other Jurisdiction of (I.R.S. Employer Identification No.) Incorporation or Organization) 1211 Avenue of the Americas, New York, New York 10036 (Address of Principal Executive Offices) (Zip Code) Registrant’s telephone number, including area code (212) 852-7000 Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Name of Each Exchange On Which Registered Class A Common Stock, par value $0.01 per share The NASDAQ Global Select Market Class B Common Stock, par value $0.01 per share The NASDAQ Global Select Market Securities registered pursuant to Section 12(g) of the Act: None (Title of class) Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act of 1933. Yes È No ‘ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934. Yes ‘ No È Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes È No ‘ Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes È No ‘ Indicate by a check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. ‘ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. Large accelerated filer È Accelerated filer ‘ Non-accelerated filer ‘ Smaller reporting company ‘ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Securities Exchange Act of 1934). Yes ‘ No È As of December 28, 2012, which was the last business day of the registrant’s most recently completed second fiscal quarter and prior to the Separation (as defined herein), the aggregate market value of the registrant’s Class A Common Stock, par value $0.01 per share, held by non- affiliatesFor personal use only was approximately $37,436,985,803, based upon the closing price of $24.61 per share as quoted on the NASDAQ Stock Market on that date, and the aggregate market value of the registrant’s Class B Common Stock, par value $0.01 per share, held by non-affiliates was approximately $12,165,030,082 based upon the closing price of $25.28 per share as quoted on the NASDAQ Stock Market on that date. As of August 8, 2013, 1,511,009,419 shares of Class A Common Stock and 798,520,953 shares of Class B Common Stock were outstanding. DOCUMENTS INCORPORATED BY REFERENCE Certain information required for Part III of this Annual Report on Form 10-K is incorporated by reference to the Twenty-First Century Fox, Inc. definitive Proxy Statement for its 2013 Annual Meeting of Stockholders, which shall be filed with the Securities and Exchange Commission pursuant to Regulation 14A of the Securities Exchange Act of 1934, as amended, within 120 days of Twenty-First Century Fox, Inc.’s fiscal year end. TABLE OF CONTENTS Page PART I Item 1. Business .................................................................... 1 Item 1A. Risk Factors ................................................................ 25 Item 1B. Unresolved Staff Comments ................................................... 32 Item 2. Properties .................................................................. 32 Item 3. Legal Proceedings ............................................................ 33 Item 4. Mine Safety Disclosures ....................................................... 38 PART II Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities ............................................... 39 Item 6. Selected Financial Data ....................................................... 41 Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations ................................................................ 42 Item 7A. Quantitative and Qualitative Disclosures About Market Risk ....................... 73 Item 8. Financial Statements and Supplementary Data ................................... 75 Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure ................................................................ 164 Item 9A. Controls and Procedures ...................................................... 164 Item 9B. Other Information ........................................................... 164 PART III Item 10. Directors, Executive Officers and Corporate Governance ........................... 165 Item 11. Executive Compensation ...................................................... 165 Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholders Matters ....................................................... 166 Item 13. Certain Relationships and Related Transactions, and Director Independence .......... 166 Item 14. Principal Accountant Fees and Services ......................................... 166 PART IV Item 15. Exhibits and Financial Statement Schedules ...................................... 166 Signatures .................................................................. 167 For personal use only PART I ITEM 1. BUSINESS Background Twenty-First Century Fox, Inc. (formerly known as News Corporation), a Delaware corporation, is a diversified global media and entertainment company with operations in the following five industry segments: (i) Cable Network Programming; (ii) Television; (iii) Filmed Entertainment; (iv) Direct Broadcast Satellite Television; and (v) Other, Corporate and Eliminations. The activities of Twenty-First Century Fox, Inc. are conducted principally in the United