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Thursday, May 19, 2011

ABS-CBN BEATS RIVALS IN ADVERTISING REVENUES!

Due to non-recurring gains last year from political advertisements, financial disclosures of ABS-CBN and GMA-7 created a huge turmoil in the realm of Network war.  To shed light to this perplexing issue let us first take a glimpse on how these figures work and what they represent.

Non-recurring items are income/s from non-regular transactions. In other words these are items that are one-time only like Political advocacies during election years and the sale of Sky Cable's Philippine  Depository Receipt (shares). These items are non comparable because they are not repeated annually. 

REVENUES:

A. Consolidated Income:

On Consolidated Income from consumer sales and advertising services (net of agency and co-producer's share), ABS-CBN earned P5.85 billion  versus GMA's P2.69 billion, both down by 15% and 12% respectively year-on-year. Striping out political gains incurred last year, ABS-CBN and GMA Network grew 6% and 29% respectively. But taking out ABS-CBN's share sale of Sky Cable this, comparative data shows it would have declined 6% on regular revenues.

Gross Revenues

ABS-CBN = P7.75 billion (2010) 
ABS-CBN = P6.56 billion (2011) down 15%

GMA = P3.63 billion (2010)
GMA = P3.14 billion (2011) down 13%

Net Revenue (Actual Income)

ABS-CBN = P6.92 billion (2010) 
ABS-CBN = P5.85 billion (2011) down 15%

GMA = P3.06 billion (2010)
GMA = P2.69 billion (2011) down 12%


Net Revenue (Without non-recurring Items)

ABS-CBN = P5.52 billion (2010) 
ABS-CBN = P5.18 billion (2011) down 6%

GMA = P2.09 billion (2010)
GMA = P2.69 billion (2011) Up 29%

Remarks: ABS-CBN Corp. still outmatched rival GMA Network Inc. in revenue generation with its much diversified portfolio, but it suffered slower growth year-on-year caused by weaker contributions from ABS-CBN Global. TFC lose about 70,000 subscribers worldwide while GPTV gained an additional 25,000 subscribers. Without one time gains, ABS-CBN's revenues declined 6% while GMA-7 zoomed 29% year-on-year.

AIRTIME REVENUES

Airtime Revenues, strictly speaking, measures how much advertisers patronize television networks. This, in other words, should be the basis of arguing whether which channel is the more recognized  no.1 TV Network.
However it is difficult to extract the exact amount channel 2 and channel 7 are generating from tv advertisements. Nevertheless, mere airtime figures already gives us the picture of the actual ad incomes because fundamentally they make the bulk of the airtime revenues.

GMA-7 in their financial disclosure indicated a 14% drop in airtime sales, while ABS-CBN also experienced a 21% relative decline. But stripping out non-regular advocacy ads, GMA-7 grew 21% while ABS-CBN grew 10%. Of GMA Network's P2.87 billion airtime sales,  95% or P2.72 billion came from channel 7, this was up 25% the previous year. ABS-CBN however did not disclose the actual amount channel 2 is contributing from its P4.01 billion advertising sales. But we can hypothesis that from channel 2's estimated 75-90% share, its airtime sales is way bigger at P3 billion to P3.6 billion compared to GMA's P2.72 billion.
Thus we can hypothesize that ABS-CBN is still the industry recognized leading broadcaster.
 
Airtime Revenue 

ABS-CBN = P5.06 billion (2010) 
ABS-CBN = P4.01 billion (2011) down 21%

GMA = P3.34 billion (2010)
GMA = P2.87 billion (2011) down 14%

Airtime Revenue (without non-recurring items)

ABS-CBN = P3.66 billion (2010) 
ABS-CBN = P4.01 billion (2011) Up 10%

GMA = P2.37 billion (2010)
GMA = P2.87 billion (2011) Up 21%


Airtime Revenue (per channel)

GMA-7 = P2.18 billion (2010)
GMA-7 = P2.72 billion (2011) Up 25%

Note: Net Income and Expenditures will come on a separate article.

45 comments:

KAPAMS said...

thanks admin. cge wait namin. ahaha.
Very much appreciated
effort kung effort talaga. ikaw na ;p

network war said...

to #2 commentator...

I'm sorry but I have to erase your post because obviously you did not read the article.
I made no mention about net incomes (or core net incomes as you claim)in this article so there's no reason for you to say that the data are wrong...As you requested all figures are based from PSE disclosures.

Anonymous said...

But we can hypothesis that from channel 2's estimated 75-90% share, its airtime sales is way bigger at P3 billion to P3.6 billion compared to GMA's P2.72 billion.
Thus we can hypothesize that ABS-CBN is still the industry recognized leading broadcaster.

Thanks admin...like this phrase...Kudos KAPAMILYA...

✞RIP✞ said...

@admin

BAKET NABAGO???
PARANG ULOL AKO KAHAPON NG NABASA KO ANG ARTICE!!!HAAAAY MABUTI NALANG!!!

Anonymous said...

ito naman talaga ang totoo. na mas maraming ads ang pumapasok sa dos...

so sino nga ulit ang no.1?

abs-cbn yun. kaya mas maraming adloads ang inilalagay sa kanila ng mga advertisers.

network war said...

Just to clarify about core net incomes...

the following are the breakdown of GMA's profits per category:

Net Incomes

1. GMA-7, GNTV & Radio Stations
P400.3 million

2. GPTV/GLTV
P129.88 million

3.Other(consumer sales,etc)
P3.42 million

Total = P533 million

P533 million is still the core net income of GMA Network. The "P400 million" figure raised earlier by an anon is just the profit of GMA-7 and radio subsidiaries alone.

Source: PSE

Anonymous said...

AND TINGIN KO MAS NANINIWALA ANG MGA ADVERTISERS sa KANTAR NGAYON....dahil duon laging no.1 ang abs-cbn 2 ...at ang kantar kasi laging updated ang reports, laging complete, walang sablay.

Anonymous said...

Just to clarify about core net incomes...

the following are the breakdown of GMA's profits per category:

Net Incomes

1. GMA-7, GNTV & Radio Stations
P400.3 million

2. GPTV/GLTV
P129.88 million

3.Other(consumer sales,etc)
P3.42 million

Total = P533 million

P533 million is still the core net income of GMA Network. The "P400 million" figure raised earlier by an anon is just the profit of GMA-7 and radio subsidiaries alone.

Source: PSE

_________________

So mali pa rin na P302 Million lang ang core net income ng ABS CBN.

According to PSE... The BROADCASTING NET INCOME OF ABS CBN is P731,608,000.

Halos kalahati lang ang core net income ng GMA.

The P302 Million according to ABS CBN refers to TV ads and subscription ALONE.

KAYA UMABOT NG p731,608,000 ang Broadcasting Net Income ng ABS CBN dahil may Radio, TFC, ABS CBN Global at Regional networks pa sila.

IPatanggal ninyo sa GMA ang from P400M ang GNTV and Radio nila, BABA PA YAN sigurado ako.

Anonymous said...

tama P731,608,000. ang broadcasting net income ng ABS, clarified na yan sa ASAP FAN PAGE sa FB

network war said...

NOpe, you still misunderstood the table. Look carefully at the disclosure (I'm referring to the PSE ABS-CBN report).

Here's the catch:

Yung P731 million na NET Income from the "Broadcasting" column, may item doon na "OTHER INCOME", under doon eto ang data:

2011 = P931 million
2010 = P176 million.

FYI, po sa entry na ito nasali na ang

"P670 million"

na kinita ng ABS_CBN sa pagbenta ng Sky Cable shares, kaya ganun kalaki ang difference.

Ibigsabihin yang breakdown sa baba, kasama na jan ang P670 million na pinagbentahan ng Sky Cable shares.

Braodcasting = P731 M
Cable and Satellite = P268 M
OTHER BUSINESS = P223
ELIMINATIONS = P235 M
TOTAL NET INCOME = P989 Million

Remarks: Study the infos in th e PSE very well.

Para maka relate visit http://www.pse.com.ph/html/ListedCompanies/pdf/2011/ABS_A17Q_Mar2011.pdf and http://www.pse.com.ph/html/ListedCompanies/pdf/2011/GMA7_17Q_Mar2011.pdf

last page ng abs-cbn disclosure yung table na pinag-uusapan namin.

Anonymous said...

NOpe, you still misunderstood the table. Look carefully at the disclosure (I'm referring to the PSE ABS-CBN report).

Here's the catch:

Yung P731 million na NET Income from the "Broadcasting" column, may item doon na "OTHER INCOME", under doon eto ang data:

2011 = P931 million
2010 = P176 million.

FYI, po sa entry na ito nasali na ang

"P670 million"

na kinita ng ABS_CBN sa pagbenta ng Sky Cable shares, kaya ganun kalaki ang difference.

Ibigsabihin yang breakdown sa baba, kasama na jan ang P670 million na pinagbentahan ng Sky Cable shares.

Braodcasting = P731 M
Cable and Satellite = P268 M
OTHER BUSINESS = P223
ELIMINATIONS = P235 M
TOTAL NET INCOME = P989 Million

Remarks: Study the infos in th e PSE very well.

Para maka relate visit http://www.pse.com.ph/html/ListedCompanies/pdf/2011/ABS_A17Q_Mar2011.pdf and http://www.pse.com.ph/html/ListedCompanies/pdf/2011/GMA7_17Q_Mar2011.pdf

last page ng abs-cbn disclosure yung table na pinag-uusapan namin.

________________

You are WRONG. Do not mislead your reader.

BROADCASTING Column, which you can see the 731 Million, does not include CABLE SHARES. Kaya nga may column ng CABLE and SATELLITE WHICH ENTAILS 261 Million.

The "OTHER INCOME" you are telling us IS NOT FROM SKY CABLE SHARES...

Wag ninyong lituhin ang mambabasa ninyo. NAPAKALINAW NG FINANCIAL DISCLOSURE NG ABS CBN ...

Refer to page 68.... Mas maganda kung i-print screen ninyo para mas malinaw sa mga mambabasa ninyo.

IBA ANG CABLE and SATELLITE INCOME... The other income in BROADCASTING does not include CABLE SHARES.

Anonymous said...

According to Lopez-LED financial disclosure, SKYCABLE shares reached - P2.162 Billion, SO DEFINITELY the BROADCASTING COLUMN where you can find the (Braodcasting = P731 M) "Other Income" DOES NOT INCLUDE the SKY CABLE shares.


Dahil ba sa may nakita kang OTHER INCOME eh yun na yung SKY CABLE SHARES?

network war said...

that's silly. How can you explain the this huge difference?

OTHER INCOME
2011 = P931 million
2010 = P176 million

...hindi porket may word na Cable and Satellites doon na dapat ilagay ang sale sa sky cable shares. Remember TFC is also a cable channel. and As you said, ABS-CBN is a corporation. Yung table, accounts all the financial transactions, kung hindi sa "OTHER INCOME" nilagay ang P674 million then saan nilagaY?
and how can you justify the big difference dito

2011 = P931 million
2010 = P176 million.?????

Anonymous said...

Just to clarify about core net incomes...

the following are the breakdown of GMA's profits per category:

Net Incomes

1. GMA-7, GNTV & Radio Stations
P400.3 million

2. GPTV/GLTV
P129.88 million

3.Other(consumer sales,etc)
P3.42 million

Total = P533 million

P533 million is still the core net income of GMA Network. The "P400 million" figure raised earlier by an anon is just the profit of GMA-7 and radio subsidiaries alone.

Source: PSE

____________

When ABS CBN told us about CORE NET INCOME, it is referring to BROADCASTING INCOME of ABS CBN alone WITHOUT ITS ABS CBN GLOBAL, other media and Regional Networks.

What you presented about GMA is you included GPTV/GLTVOther and (consumer sales,etc) which are TOTALLY DIFFERENT MEANING WITH WHAT ABS CBN IS TELLING ABOUT "CORE" NET INCOME.

Since you are saying that the P533Million of GMA is their CORE NET INCOME therefore, ABS CBN's CORE NET INCOME (in your definition)is P731Million from the BROADCASTING ALONE.

network war said...

Of course not... this is my basis:

OTHER INCOME

2010 = P176 million

2011 = Share sale (P674 M) + other transactions (P275)= P931 million

If you're smart enough hanapin mo sa table na yun kung saan nilagay ang P674 million na share sale ng SKy...Kung mahanap mo yun then I will Concede, kung hindi mo mahanap, then I guess you better study the data well.

Do a research.

Anonymous said...

that's silly. How can you explain the this huge difference?

OTHER INCOME
2011 = P931 million
2010 = P176 million

...hindi porket may word na Cable and Satellites doon na dapat ilagay ang sale sa sky cable shares. Remember TFC is also a cable channel. and As you said, ABS-CBN is a corporation. Yung table, accounts all the financial transactions, kung hindi sa "OTHER INCOME" nilagay ang P674 million then saan nilagaY?
and how can you justify the big difference dito

2011 = P931 million
2010 = P176 million.?????\

______________________

I dare you to print screen PAGE 68 from PSE.

Iba ang column ng CABLE... why will they PUT SKYCABLE SHARES ON BROADCASTING IF THEY HAVE A COLUMN FOR CABLE?

Pakisagot nga...

Anonymous said...

Of course not... this is my basis:

OTHER INCOME

2010 = P176 million

2011 = Share sale (P674 M) + other transactions (P275)= P931 million

If you're smart enough hanapin mo sa table na yun kung saan nilagay ang P674 million na share sale ng SKy...Kung mahanap mo yun then I will Concede, kung hindi mo mahanap, then I guess you better study the data well.

Do a research.

May 19, 2011 4:00 PM
_____________________

I dare you to print page 68 from PSE....

YOU DO YOUR RESEARCH... DO NOT MAKE YOUR OWN INTERPRETATION.

MALINAW ANG ABS CBN FINANCIAL DISCLOSURE.

DO NOT MISLEAD YOUR READERS.

Sinimulan ninyo ng word na 'DECIEVING" tapos ngayon, GAGAWA KA NG SARILI MONG INTERPRETATION.

Silly....

Anonymous said...

that's silly. How can you explain the this huge difference?

OTHER INCOME
2011 = P931 million
2010 = P176 million

...hindi porket may word na Cable and Satellites doon na dapat ilagay ang sale sa sky cable shares. Remember TFC is also a cable channel. and As you said, ABS-CBN is a corporation. Yung table, accounts all the financial transactions, kung hindi sa "OTHER INCOME" nilagay ang P674 million then saan nilagaY?
and how can you justify the big difference dito

2011 = P931 million
2010 = P176 million.?????\

______________

It does not mean that IF YOU DO NOT BELIEVE IN

"2011 = P931 million
2010 = P176 million.?????\"

... this, YOU HAVE TO MAKE YOUR INTERPRETATION.

PROVIDE US WITH EVIDENCES. WAG KANG SA ARTICLES LANG NAKABASA. MAY LEGAL DOCS NAMAN NA GALING SA PSE.

network war said...

You don't get my point. What I'm saying is, yung P400M na broadcasting net income ng GMA at P731M ng ABS-CBN ay non comparable kasi yung sa ABS_CBN kasali na ang P674 million na share sale.

At isa pa diba last time you mentioned na yung P400 million is the actual Profit ng GMA network at may share sale din sila sa GMA international ata yun sinabi mo, which I disagree and is totally false.

network war said...

It does not mean that IF YOU DO NOT BELIEVE IN

"2011 = P931 million
2010 = P176 million.?????\"

... this, YOU HAVE TO MAKE YOUR INTERPRETATION.

PROVIDE US WITH EVIDENCES. WAG KANG SA ARTICLES LANG NAKABASA. MAY LEGAL DOCS NAMAN NA GALING SA PSE.

____________________________
hello? galing po lahat ng mga data na yan sa PSE....akala ko ba binasa mo na yung report? andun lahat ng yan...kalakalin mo lang po ng mabuti

network war said...

Hay naku...this is nonsense.

Sarado na utak mo. And halatang wala kang masyadong alam sa laro ng NUMERO.

Gaya nga ng sabi ko, hanapin mo sa table na yun kung saan napunta ang P674 million, hanapin mo sa "Cable and Satelite" kung nandoon...

Ikaw ang mag print ng page na yun kasi po, mukahang ikaw ang hindi nakakaunawa...

OTHER INCOME

2010 = P176 million

2011 = Share sale (P674 M) + other transactions (P275)= P931 million

Anonymous said...

network war said...

You don't get my point. What I'm saying is, yung P400M na broadcasting net income ng GMA at P731M ng ABS-CBN ay non comparable kasi yung sa ABS_CBN kasali na ang P674 million na share sale.

At isa pa diba last time you mentioned na yung P400 million is the actual Profit ng GMA network at may share sale din sila sa GMA international ata yun sinabi mo, which I disagree and is totally false.

______________

Again, BASE IT ON LEGAL DOCS FROM PSE...

WALA SA PSE DOCS NA KASAMA ANG SKYCABLE SHARES SA P731 MILLION.

I did not say na kasama sa P400Million ang GMA International TV.

Ang sinabi ko ay MALI ANG UNA NINYONG ARTICLE KUNG SAAN AY BINURA NINYO NA ANG P533 MILLION NG GMA AY YUN NA ANG CORE NET INCOME KUNG SAAN KASAMA ANG GMA INTERNATIONAL.

Sana hindi ninyo binura yung article na yun para malinawan ka sa sinulat ninyo PREVIOUSLY.

The P400M of GMA at P731 Million AY COMPARABLE...

I will prove it to you if you PRINT SCREEN page 68 from PSE docs.

fuentesjay29 said...

therefore...abs cbn is still the reliable and number one network in the country.....no more no less...pak! kaya gozon at galvante wag ng marami pang sat sat sa tv ninyu na kayu ang number1 network ok..just learn to acpt na number 2 lng kayu...kuha nyu? pak!

Anonymous said...

Hay naku...this is nonsense.

Sarado na utak mo. And halatang wala kang masyadong alam sa laro ng NUMERO.

Gaya nga ng sabi ko, hanapin mo sa table na yun kung saan napunta ang P674 million, hanapin mo sa "Cable and Satelite" kung nandoon...

Ikaw ang mag print ng page na yun kasi po, mukahang ikaw ang hindi nakakaunawa...

OTHER INCOME

2010 = P176 million

2011 = Share sale (P674 M) + other transactions (P275)= P931 million

_____________________

Again, I DARE YOU TO PRINT SCREEN PAGE 68 from PSE...

Yang mga sinasabi mo na P674Million AY HINDI KASAMA SA BROADCASTING COLUMN, MAY SARILING COLUMN ANG CABLE and ETC.

Hindi ako ang dapat mag-print screen DAHIL HINDI AKO ANG WRITER DITO KUNDI IKAW.

YOU ARE MISLEADING YOUR READERS.
WAG KANG GUMAWA NG SARILI MONG INTERPRETATION.

ISA LANG ANG PWEDE MONG GAWIN PARA MANIWALA ANG IBA SA SINULAT MO.

BURAHIN ULIT ITO OR BURAHIN ANG MGA COMMENT NA LABAN SA SINULAT MO.

network war said...

Yang mga sinasabi mo na P674Million AY HINDI KASAMA SA BROADCASTING COLUMN, MAY SARILING COLUMN ANG CABLE and ETC.

___________________________

again, tingnan mo sa Cable ang satelite column kung may entry doon na mas mataas pa sa P674 million. Ang pinakamataas na halaga lang sa comlumn na yun ay P297 million lang.

Kung matalino ka makukuha mo na jan palang na mali ka...

network war said...

Alam mo, sorry pero nakaka walang ganang makipag debate sayo...you don't argue objectively.

Sabi ko nga lahat ng mga figures na binigay ko galing na sa PSE.

At kung sinasabi mo na sa "CABLE AND SATELLITE" nilagay yung P674 million eh bakit P297 million lang ang pinakamataas na positve value sa column na yun?

Mag-isip ka po. tsk tsk...

Anonymous said...

network war said...

Yang mga sinasabi mo na P674Million AY HINDI KASAMA SA BROADCASTING COLUMN, MAY SARILING COLUMN ANG CABLE and ETC.

___________________________

again, tingnan mo sa Cable ang satelite column kung may entry doon na mas mataas pa sa P674 million. Ang pinakamataas na halaga lang sa comlumn na yun ay P297 million lang.

Kung matalino ka makukuha mo na jan palang na mali ka...

__________

Bakit ko hahanapin ang P674 Million NA INTERPRETATION MO sa Cable and Satellite column KUNG MAY ENTRY NAMANG DATA IYON.

GINAGAWA MO NAMAN KAMING TANGA.

Again, PROVIDE US PROOFS NA MALI NA YUNG ENTRY SA CABLE and Satellit or SA BROADCASTING ENTRY dahil kamo hindi nakaindicate ang P674 Million ng SKY CABLE SHARES DOON.

Do not make DELUSIONS here.

MALINAW NA MALINAW ANG FINANCIAL DISCLOSURE.

It was checked by ACCOUNTANTS and VERIFIED BY PSE PERSONNELS.

Anonymous said...

network war said...

Alam mo, sorry pero nakaka walang ganang makipag debate sayo...you don't argue objectively.

Sabi ko nga lahat ng mga figures na binigay ko galing na sa PSE.

At kung sinasabi mo na sa "CABLE AND SATELLITE" nilagay yung P674 million eh bakit P297 million lang ang pinakamataas na positve value sa column na yun?

Mag-isip ka po. tsk tsk...

________________

Nakakawalang gana talaga KUNG HINDI MO IPIPRINT SCREEN ANG PAGE 68...

Mag-isip ka nga. Ang column ng CABLE and SATELLITE ay IN NET INCOME... At bakit mo hahanapin ang SKYCABLE SHARES SA BROADCASTING COLUMN kung MERON COLUMN NG CABLE and SATELLITE?

Pakisagot nga?

Hindi dahil may nabasa kang P674 Million SKY CABLE SHARES ay sa broadcasting mo ito ilalagay.

tsk... tsk... tsk...

Anonymous said...

Anonymous said...

network war said...

Alam mo, sorry pero nakaka walang ganang makipag debate sayo...you don't argue objectively.

_______________

Ikaw ang HINDI OBJECTIVE dahil PINAPASOK MO ANG SUBJECTIVE THINKING MO sa P674Million na wala namang indications sa BROADCASTING COLUMN.

Anonymous said...

alam nyo mga kapupu..hindi na kailangan pang alamin ang net core income...

MALALAMAN KUNG SINO ANG TUNAY NA NO.1 SA MEGAMANILA AT NATIONWIDE SA AIRTIME REVENUES NA PUMAPASOK...

at sorry po mga kapupu...SOBRANG LAKI NG AIRTIME REVENUES NG ABS-CBN 2 COMPARE SA GMA7.

bago mglagay ng ad loads ang isang advertiser of manufacturer sa isang network ina-analyze muna nila ang mga ratings at kung sino sa tingin nila ang TUNAY NA NO.1 KASO MAS MARAMING PUMAPASOK NA AD LOADS SA DOS.

WALA NG DAPAT PAGDEBATIHAN YUN NA YON..AT HUWAG NINYO NG I-INSIST MGA KAPUPU DAHIL TALO KAYO...

MAS MALAKI, MAS MALAWAK AT MAS MATAGUMPAY TALAGA ANG ABS-CBN 2 SA GMA7...

at hindi na rin kasalanan ng dos kung malakas man ang SKY CABLE AT TFC NILA...INGGIT LANG YAN

Anonymous said...

OTHER INCOME

2010 = P176 million

2011 = Share sale (P674 M) + other transactions (P275)= P931 million

_______________________

This is WRONG INTERPRETATION from the ADMIN...

From PSE pdf file page 68

ABS CBN Corporation
2011 Q1 Net Income

I. Broadcasting:
(2011) - P731,608,000
(2010) - 728,734,000

II. Cable and Satellite
(2011) - 268,610,000
(2010) - 344,826,000

III. Other Businesses
(2011) - 223,914,000
(2010) - 249,764,000

IV. Eiminations
(2011) - 235,195,000
(2010) - 219,695,000
_______________________

CONSOLIDATED:
(2011) - 988,936,000
(2010) - 1,103,629,000

ITO ANG MALINAW NA EXPLANATION SA PSE....

network war said...

Mag-isip ka nga. Ang column ng CABLE and SATELLITE ay IN NET INCOME... At bakit mo hahanapin ang SKYCABLE SHARES SA BROADCASTING COLUMN kung MERON COLUMN NG CABLE and SATELLITE?
___________________________

hahaha...tanong lang po, naiintindihan mo ba yung mga binabasa mo sa PSE?

sabi ko nga Broadcasting item is a general term, and for a conglomerate giant like ABS-CBN COrp transcations directly related sa to the mother company is naturally labeled under the latter.
Get's mo po?

Oh ayan nasagot ko na tanong mo, ngayon sagutin mo naman tanong ko, bakit walang item sa CABLE na mas mataas sa P674 million?

tandaan mo, yung Net Income ay sa baba pa ng mga particulars ha,...

haist...study numbers dude.

Anonymous said...

OTHER INCOME

2010 = P176 million

2011 = Share sale (P674 M) + other transactions (P275)= P931 million

______________

Hahahahaha....

Saan mo kinuha ang 2010 data mo...

Ito ang galing sa LEGAL DOCS NG PSE...

CONSOLIDATED:
(2011) - 988,936,000
(2010) - 1,103,629,000

Wag kang gumawa ng sarili mong listahan.

Anonymous said...

network war said...

Mag-isip ka nga. Ang column ng CABLE and SATELLITE ay IN NET INCOME... At bakit mo hahanapin ang SKYCABLE SHARES SA BROADCASTING COLUMN kung MERON COLUMN NG CABLE and SATELLITE?
___________________________

hahaha...tanong lang po, naiintindihan mo ba yung mga binabasa mo sa PSE?

sabi ko nga Broadcasting item is a general term, and for a conglomerate giant like ABS-CBN COrp transcations directly related sa to the mother company is naturally labeled under the latter.
Get's mo po?

Oh ayan nasagot ko na tanong mo, ngayon sagutin mo naman tanong ko, bakit walang item sa CABLE na mas mataas sa P674 million?

tandaan mo, yung Net Income ay sa baba pa ng mga particulars ha,...

haist...study numbers dude.

___________________

AGAIN, PROVE IT...

I FULLY UNDERSTAND THE DATA....

SHARES ARE NOT IN BROADCASTING, TANDAAN MO YAN...

Hindi mo pwedeng ilagay sa GENERAL TERM NG BROADCASTING ANG TERM NA SHARES...

Hindi mo pa nasasagot ang tanong ko...

NASAAN ANG PROOFS MO?

Because the data below EXPLAINS EVERYTHING.

From PSE pdf file page 68

ABS CBN Corporation
2011 Q1 Net Income

I. Broadcasting:
(2011) - P731,608,000
(2010) - 728,734,000

II. Cable and Satellite
(2011) - 268,610,000
(2010) - 344,826,000

III. Other Businesses
(2011) - 223,914,000
(2010) - 249,764,000

IV. Eiminations
(2011) - 235,195,000
(2010) - 219,695,000
_______________________

CONSOLIDATED:
(2011) - 988,936,000
(2010) - 1,103,629,000

Tanungin kita sa TANONG MO, BAKIT MO PINAPAHANAP ANG P674Million sa Column ng BROADCASTING sa TAAS kung merong CABLE and SATELLITE column?

SENSE PLEASE!!!!

YOUR DOUBT WILL NOT JUSTIFY YOUR DELUSIONS.

Anonymous said...

hahaha...tanong lang po, naiintindihan mo ba yung mga binabasa mo sa PSE?

sabi ko nga Broadcasting item is a general term, and for a conglomerate giant like ABS-CBN COrp transcations directly related sa to the mother company is naturally labeled under the latter.
Get's mo po?

Oh ayan nasagot ko na tanong mo, ngayon sagutin mo naman tanong ko, bakit walang item sa CABLE na mas mataas sa P674 million?

tandaan mo, yung Net Income ay sa baba pa ng mga particulars ha,...

haist...study numbers dude.

______________________

DO NOT MISLEAD YOUR READERS...

DO NOT JUST STUDY NUMBERS, STUDY ACCOUNTING. PLEASE!!!

Your doubt will never stand on a debate. SHOW US PROOFS FROM LEGAL DOCS.

✞RIP✞ said...

I don't have anything against ABS-CBN what so ever. I just want to correct misconceptions about the figures in the PSE...

As I said, if you look at page 68 of ABS-CBN PSE report, if the P674 million was placed under the "CABLE AND SATELLITE" Column, why is the highest value on that column only P297???

and how can you explain the big jump in "OTHER INCOMES" from P176 million (2010) to P971 million(2011)?

Just from these OBJECTIVE arguments alone, one can see who's reasons are right.

^^^^^^^^^^^^^^^^^^^^^^^^

Connection/reconnection/disconnection fees, included as part of “Other income” account in the
consolidated statement of income, are recognized when the services are rendered.
Management fees, included as part of “Other income” account in the consolidated statement of
income, are recognized based on the terms of the management agreement.


PAGE 34

Anonymous said...

HALATANG BIAS SI ADMIN...ISA KANG KAPUSO...

no doubt...aminin...tsk tsk tsk

Anonymous said...

nagpapauso na naman ang gmewww sa core net income palibhasay TALO...mga taluinan nga naman, napahiya sa pagiging number 1 daw nationwide sa AGB partnership ng Gme.....

Pero ayon na lumabas na ang katotohan na bilang isang numero uno, TALUNAN tayo sa neto!

Anonymous said...

hayaan nyo na nga yan si admin. dati puro copy and paste lang yan. taz parang pinapalabas pa nya na research nya yun at may mga sources sya eh puro galing naman sa mga tabloid lang yun. yung mga IBANG article ay parang nire-rewrite lang nya ulit para magmukhang orig.

Anonymous said...

kaya payo ko sa kapwa ko kapamilya if you want to know more about abs-cbn. dun na lang kayo sa PEX (Pinoy Exchange Forums) kung saan ay makakakilala kayo ng mga TUNAY na RELIABLE ang mga infos. tutal ang mga mababasa nyo lang naman dito ay HALOS ay yung mga nakikita dun sa tabloid eh kaya di kawalan na di nyo na ito puntahan. dun lang tayo sa totoo!!

Anonymous said...

kumusta naman ang ad load ng telebaba....hahhahahahha

2nd quarter matingnan natin ang net income both station...

Anonymous said...

A Statistician is diferent from an accountant..

Anonymous said...

A Statistician is diferent from an accountant.. Diferent interpretation in every number yields

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