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IR Home - Singapore Press Holdingsinvestor.sph.com.sg/newsroom/20160715_183318_T39... · Prior to...

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Page 1: IR Home - Singapore Press Holdingsinvestor.sph.com.sg/newsroom/20160715_183318_T39... · Prior to March 1, 2016, such subscriptions were counted as the sale of one print copy and

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Page 5: IR Home - Singapore Press Holdingsinvestor.sph.com.sg/newsroom/20160715_183318_T39... · Prior to March 1, 2016, such subscriptions were counted as the sale of one print copy and

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Page 6: IR Home - Singapore Press Holdingsinvestor.sph.com.sg/newsroom/20160715_183318_T39... · Prior to March 1, 2016, such subscriptions were counted as the sale of one print copy and

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55.4%

25.6%

19.0%

MediaAdvertisement Revenue Composition

(S$461.8m)

Display

Classified*

Magazines & Others

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* Classified includes Recruitment and Notices

54.5%15.0%

21.4%9.1%

Operating Revenue Composition(S$847.1m)

Advertisements (Media)

Circulation

Rental & Services

Other revenue

Page 7: IR Home - Singapore Press Holdingsinvestor.sph.com.sg/newsroom/20160715_183318_T39... · Prior to March 1, 2016, such subscriptions were counted as the sale of one print copy and

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* Classified includes Recruitment and Notices

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-7.1%-7.9%

-12.5%

-7.6%

-11.9%-11.0% -10.5%

-10.3%

-9.9%

-1.7%

-8.4% -8.7%

-11.9%

-8.4% -8.6%

-15.0%

-10.0%

-5.0%

0.0%

5.0%

4Q 2015 FY2015 1Q 2016 2Q 2016 3Q 2016

Newspaper Ad Revenue Y-O-Y Growth (%)

Display Classified* Newspaper Ad

Page 8: IR Home - Singapore Press Holdingsinvestor.sph.com.sg/newsroom/20160715_183318_T39... · Prior to March 1, 2016, such subscriptions were counted as the sale of one print copy and

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0

50

100

150

200

250

300

350

400

The StraitsTimes/ The

SundayTimes

TheBusiness

Times

The NewPaper/ TheNew Paper

Sunday

LianheZaobao

LianheWanbao

Shin MinDaily News

BeritaHarian/Berita

Minggu

TamilMurasu/

TamilMurasuSunday

'000 copies Daily Average Newspaper Circulation

YTD 3Q 2016 YTD 3Q 2016 (Digital) YTD 3Q 2015 YTD 3Q 2015 (Digital)

With effect from March 1, 2016, all subscriptions to our All-in-One packages (where subscribers get a home-delivered print copy,in addition to access to the respective paper's online, smartphone and tablet editions) are counted as the sale of one print copyand one digital copy. Prior to March 1, 2016, such subscriptions were counted as the sale of one print copy and three digitalcopies, with the proviso being the Audit Bureau of Circulation (ABC) rule that each additional digital edition had to be priced at 5per cent more than the base (print copy) price. With the implementation of new cover prices of our newspapers and All-in-Onepackages on March 1, 2016, we have had to change the basis of our circulation count and have obtained ABC's endorsement forthe new method. For comparative purposes, copy sales prior to March 1, 2016 had been restated accordingly.

Page 9: IR Home - Singapore Press Holdingsinvestor.sph.com.sg/newsroom/20160715_183318_T39... · Prior to March 1, 2016, such subscriptions were counted as the sale of one print copy and

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7.1%12.7%

45.5%

8.7%

5.5%

16.6%3.9%

YTD 3Q 2016Cost Composition^

(S$609.4m)

Newsprint

Other Materials, Production & Distribution Costs

Staff Cost

Premises Cost

Depreciation

Other Operating Expenses

Finance Costs

Newsprint �����

Other Materials, Production & Distribution Costs

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Staff Costs ����

Premises Costs* ����

Other Operating Expenses ����

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* Increase was due to additional provision for property tax onthe Group’s investment property.

^ Excluded impairment charges on goodwill and intangibles

Page 10: IR Home - Singapore Press Holdingsinvestor.sph.com.sg/newsroom/20160715_183318_T39... · Prior to March 1, 2016, such subscriptions were counted as the sale of one print copy and

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Page 11: IR Home - Singapore Press Holdingsinvestor.sph.com.sg/newsroom/20160715_183318_T39... · Prior to March 1, 2016, such subscriptions were counted as the sale of one print copy and

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521

490 477 479 7,610

7,366

6,783

7,296

6,000

7,000

8,000

9,000

400

450

500

550

4Q 2015 1Q 2016 2Q 2016 3Q 2016

MTUS$Average Newsprint Charge-Out Price &

Monthly Consumption

LHS - Prices RHS - Avg Mthly Consumption

Page 12: IR Home - Singapore Press Holdingsinvestor.sph.com.sg/newsroom/20160715_183318_T39... · Prior to March 1, 2016, such subscriptions were counted as the sale of one print copy and

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0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

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20

40

60

80

100

120

140

3Q 2012 3Q 2013 3Q 2014 3Q 2015 3Q 2016

S$'m ������������������ ���������������

Operating Profit^ Operating Margin^

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^ Excluded impairment charges on goodwill and intangibles.

Page 13: IR Home - Singapore Press Holdingsinvestor.sph.com.sg/newsroom/20160715_183318_T39... · Prior to March 1, 2016, such subscriptions were counted as the sale of one print copy and

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Page 14: IR Home - Singapore Press Holdingsinvestor.sph.com.sg/newsroom/20160715_183318_T39... · Prior to March 1, 2016, such subscriptions were counted as the sale of one print copy and

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43.4%

6.8%35.6%

14.2%

Group Investible Fund(S$1.1b)

Equities Bonds

Investment Funds Cash and deposits

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Page 15: IR Home - Singapore Press Holdingsinvestor.sph.com.sg/newsroom/20160715_183318_T39... · Prior to March 1, 2016, such subscriptions were counted as the sale of one print copy and

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