Central european media enterprises ltd. (CETV)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
Revenue from Contract with Customer, Excluding Assessed Tax

143,816

225,795

138,851

183,599

146,559

228,251

137,038

181,908

156,709

264,810

119,431

146,895

111,732

171,273

107,527

175,206

129,000

85,906

117,322

166,834

126,133

216,196

131,081

192,811

140,705

193,865

130,988

175,566

132,715

187,252

140,092

211,222

167,433

276,882

165,472

249,656

172,772

257,413

134,354

201,726

143,641

128,235

182,967

Operating expenses:
Content costs

65,032

85,037

58,962

70,356

70,360

90,102

60,910

79,967

78,460

119,514

55,871

59,698

58,645

74,566

51,920

77,282

71,978

23,800

58,983

73,437

71,290

101,852

76,539

93,167

86,821

145,611

90,555

96,736

89,213

113,346

75,584

89,823

86,931

79,719

94,983

122,730

96,031

100,719

81,658

99,166

87,786

74,304

-82,712

Other operating costs

13,647

14,498

13,274

13,806

13,248

14,802

13,260

14,202

14,467

20,176

12,612

11,881

11,255

13,060

13,482

17,939

16,454

4,091

17,180

17,422

17,038

24,574

18,324

21,109

21,471

10,288

30,938

32,016

31,277

-6,176

33,340

37,771

29,987

30,447

34,545

34,536

33,655

60,487

29,050

27,496

27,280

31,779

-26,857

Depreciation of property, plant and equipment

7,927

8,911

8,245

8,154

8,226

7,783

8,202

8,561

8,387

11,916

6,936

6,450

5,959

6,816

5,801

7,627

7,285

416

6,974

6,936

7,001

8,825

7,900

8,051

8,060

9,520

8,557

8,902

10,196

7,168

11,711

10,747

11,880

15,596

13,075

14,493

13,417

13,885

13,341

13,075

14,114

13,357

-12,311

Amortization of broadcast licenses and other intangibles

2,167

2,121

2,029

2,113

2,194

2,163

2,216

2,267

2,356

2,243

2,187

2,053

2,109

2,023

2,073

2,114

2,060

2,422

2,695

3,434

3,499

2,874

3,060

3,187

3,227

3,272

3,791

3,649

4,049

7,311

10,198

12,715

12,483

11,488

7,957

7,809

7,627

7,297

6,996

6,545

5,149

4,707

-4,396

Cost of revenues

88,773

110,567

82,510

94,429

94,028

114,850

84,588

104,997

103,670

153,849

77,606

80,082

77,968

96,465

73,276

104,962

97,777

30,729

85,832

101,229

98,828

138,125

105,823

125,514

119,579

168,691

133,841

141,303

134,735

121,649

130,833

151,056

141,281

137,250

150,560

179,568

150,730

182,388

131,045

146,282

134,329

124,147

126,276

Selling, general and administrative expenses

28,846

46,774

25,558

28,708

24,894

32,609

30,253

26,894

28,458

43,246

25,803

23,660

20,740

32,164

22,801

26,353

23,460

14,800

2,403

28,712

43,901

38,507

32,939

41,690

30,480

32,279

36,888

34,161

33,065

24,135

27,660

36,516

36,455

82,990

27,822

30,615

29,707

32,725

28,654

29,992

28,445

24,819

27,935

Restructuring costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

385

234

452

643

1,266

342

2,920

5,328

9,622

4,192

4,698

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Impairment charge (Note 4)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Operating Income (Loss)

26,197

68,454

30,783

60,462

27,637

80,792

22,197

50,017

24,581

67,715

16,022

43,153

13,024

42,644

11,450

43,891

7,763

39,992

28,853

36,441

-17,239

38,298

-8,023

22,687

-14,682

-96,403

-43,933

-4,596

-35,085

-474,735

-18,401

23,650

-10,303

-12,106

-12,910

39,473

-7,665

41,903

-25,345

25,452

-19,133

-20,731

28,756

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

101

81

-

166

180

235

128

213

171

214

349

639

637

1,128

516

542

527

653

632

685

Interest expense

6,595

6,680

8,037

7,735

8,242

8,900

9,977

12,411

17,818

28,415

18,352

17,428

18,993

25,255

22,424

29,545

49,154

25,905

43,998

41,746

40,118

37,969

37,086

39,070

27,880

24,701

23,816

31,179

32,013

32,209

32,492

31,129

31,824

6,595

35,162

37,757

56,039

39,217

31,588

31,172

31,528

27,237

22,258

Loss on extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

-150,158

-

-

0

0

-

-

0

-24,161

-

-

0

-23,115

-

-

0

448

-

-

-

-

-

-

-

-

-

-

-

Foreign currency exchange loss, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-337

-630

-

43,711

15,047

-49,882

6,549

16,755

-40,312

23,394

-32,576

-45,919

4,106

43,265

-28,872

62,009

-47,724

9,557

33,149

45,719

Change in fair value of derivatives (Note 12)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,361

-50

-

0

0

104

143

559

47,398

927

2,681

3,479

1,161

-40

3,425

-1,229

2,624

-3,656

-3,259

-7,315

Other (expense) / income, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

86

-533

35

-

-232

-412

-16

884

108

-158

209

770

33

-90

-712

557

1

69

-270

26

116

Nonoperating Income (Expense)

-6,136

2,615

-3,963

2,237

-3,097

-2,444

1,574

-6,926

4,208

4,159

3,542

6,908

2,232

-3,851

350

-167

1,416

-1,487

-6,477

-2,904

-12,741

-

-5,659

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest

13,466

64,389

18,783

54,964

16,298

69,448

13,794

30,680

10,971

43,459

1,212

32,633

-3,737

13,538

-10,624

-135,979

-39,975

12,600

-21,622

-8,209

-70,098

-19,977

-50,768

-38,952

-43,126

-109,591

-24,104

-44,075

-116,657

-499,886

-33,258

68

-17,383

-73,381

-89,840

7,530

-20,063

-21,688

4,390

-50,224

-44,377

-17,420

45,703

Provision for income taxes

4,496

14,532

5,261

10,886

4,547

13,423

3,185

7,005

4,215

9,734

3,157

7,368

2,245

-495

1,145

5,270

719

-4,646

-112

3,460

145

-2,172

540

2,400

-2,126

-4,747

-2,296

-3,332

-7,618

-

-

-

-

-

-

-

-

-

973

2,689

-2,391

937

9,944

Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

-

-

13,522

44,078

-

56,025

10,609

23,675

6,756

33,725

-1,945

25,265

-5,982

-

-11,769

-

-

17,246

-21,510

-11,669

-70,243

-17,805

-51,308

-41,352

-41,000

-104,844

-21,808

-40,743

-109,039

-

-

-

-

-

-

-

-

-25,442

3,417

-52,913

-41,986

-18,357

35,759

Discontinued operations, net of tax (Note 2)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-3,922

-5,937

-13,653

Gain on disposal of discontinued operations (Note 2)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

217,619

-

0

0

Income from discontinued operations, net of tax

-

-

0

0

-

0

57,882

2,350

316

7,111

-5,988

2,533

-5,292

-

-8,054

-

-

-28,527

-265

2,684

-3,288

-60,470

-1,174

-11,154

-7,633

-3,361

-1,465

-350

77

-

-

-

-

-

-

-

-

-

0

217,619

-

-5,937

-13,653

Credit / (provision) for income taxes (Note 18)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-621

-3,073

-3,570

3,844

-7,644

6,718

932

-

-

-

-

-

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

8,970

49,857

13,522

44,078

11,751

56,025

68,491

26,025

7,072

40,836

-7,933

27,798

-11,274

21,169

-19,823

-141,249

-40,694

-11,281

-21,775

-8,985

-73,531

-78,275

-52,482

-52,506

-48,633

-108,205

-23,273

-41,093

-108,962

-503,084

-32,637

3,141

-13,813

-77,225

-82,196

812

-20,995

-25,442

3,417

164,706

-45,908

-24,294

22,106

Net Income (Loss) Attributable to Noncontrolling Interest

-71

185

-223

119

-7

195

-80

-16

-178

193

-188

-137

-209

81

-196

68

-259

146

-253

-307

-257

-3,338

-344

-69

-717

-2,887

-182

-131

-682

-8,889

-588

-815

-421

-4,834

-122

-156

119

674

1

-463

-3,614

-2,744

-1,975

Net income attributable to CME Ltd.

9,041

49,672

13,745

43,959

11,758

55,830

68,571

26,041

7,250

40,643

-7,745

27,935

-11,065

21,088

-19,627

-141,317

-40,435

-11,427

-21,522

-8,678

-73,274

-74,937

-52,138

-52,437

-47,916

-105,318

-23,091

-40,962

-108,280

-494,195

-32,049

3,956

-13,392

-72,391

-82,074

968

-21,114

-26,116

3,416

165,169

-42,294

-21,550

24,081

Net loss

8,970

49,857

13,522

44,078

11,751

56,025

68,491

26,025

7,072

40,836

-7,933

27,798

-11,274

-

-19,823

-141,249

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,417

164,706

-45,908

-24,294

22,106

Currency translation adjustment (Note 14)

-61,049

25,217

-32,525

17,002

-15,843

-12,343

12,137

-34,629

11,785

12,165

9,227

30,904

2,072

-13,615

7,262

-11,056

19,058

-31,077

5,546

39,581

-103,764

-47,756

-101,543

-8,309

1,372

-49,326

70

-11,407

2,463

18,867

41,246

-98,552

67,090

-81,990

-108,686

22,851

108,395

-39,102

154,030

-102,181

-30,333

53,164

92,431

Unrealized gain / (loss) on derivative instruments (Note 13)

220

807

-235

-1,220

-3,331

-3,905

1,033

-3,119

191

186

-135

-40

1,258

-5,892

-1,360

2,973

1,248

-1,435

522

-533

607

581

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other comprehensive loss

-60,829

26,024

-32,760

15,782

-19,174

-16,248

13,170

-37,748

11,976

12,351

9,092

30,864

3,330

-11,065

5,902

-14,029

17,810

-31,320

5,024

40,114

-104,371

-48,337

-101,543

-8,309

1,372

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive loss

-51,859

75,881

-19,238

59,860

-7,423

39,777

81,661

-11,723

19,048

53,187

1,159

58,662

-7,944

10,104

-13,921

-155,278

-22,884

-42,601

-16,751

31,129

-177,902

-126,612

-154,025

-60,815

-47,261

-157,531

-23,203

-52,500

-106,499

-484,217

8,609

-95,411

53,277

-159,215

-190,882

23,663

87,400

-64,544

157,447

62,525

-76,241

28,870

114,537

Comprehensive income attributable to noncontrolling interests

103

-34

88

28

130

279

-26

416

-386

76

-439

-590

-301

459

-232

237

-573

818

-316

-639

849

-3,020

240

-5

-720

-3,000

-339

-225

-539

-8,835

-605

-750

-427

-4,722

-61

-89

599

566

680

-1,224

-2,843

-3,072

-2,250

Comprehensive loss attributable to CME Ltd.

-51,962

75,915

-19,326

59,832

-7,553

39,498

81,687

-12,139

19,434

53,111

1,598

59,252

-7,643

9,645

-13,689

-155,515

-22,311

-43,419

-16,435

31,768

-178,751

-123,592

-154,265

-60,810

-46,541

-154,531

-22,864

-52,275

-105,960

-475,382

9,214

-94,661

53,704

-154,493

-190,821

23,752

86,801

-65,110

156,767

63,749

-73,398

31,942

116,787

PER SHARE DATA (Note 17):
Earnings Per Share [Abstract]
Operations — basic

-

-

0.04

0.12

-

0.16

0.03

0.06

0.02

0.15

-0.03

0.09

-0.05

-

-0.09

-

-

0.09

-0.17

-0.11

-0.51

-0.12

-0.38

-0.31

-0.30

-0.50

-0.17

-0.33

-1.23

-

-

-

-

-

-

-

-

-0.39

0.05

-0.82

-0.61

-0.25

0.73

Operations — diluted

-

-

0.04

0.12

-

0.15

0.03

0.06

0.01

0.13

-0.03

0.07

-0.05

-

-0.09

-

-

0.09

-0.17

-0.11

-0.51

-0.12

-0.38

-0.31

-0.30

-0.50

-0.17

-0.33

-1.23

-

-

-

-

-

-

-

-

-0.39

0.05

-0.82

-0.61

-0.25

0.73

Discontinued operations — basic

-

-

0.00

0.00

-

0.02

0.15

0.01

0.00

0.06

-0.04

0.01

-0.04

-

-0.05

-

-

-0.19

-0.01

0.02

-0.02

-0.42

0.00

-0.08

-0.05

-0.02

-0.01

-0.01

0.00

-

-

-

-

-

-

-

-

-0.01

0.00

3.41

-0.06

-0.10

-0.26

Discontinued operations — diluted

-

-

0.00

0.00

-

0.02

0.15

0.00

0.00

0.08

-0.04

0.00

-0.04

-

-0.05

-

-

-0.19

-0.01

0.02

-0.02

-0.42

0.00

-0.08

-0.05

-0.02

-0.01

-0.01

0.00

-

-

-

-

-

-

-

-

-0.01

0.00

3.41

-0.06

-0.10

-0.26

Attributable to CME Ltd. — basic

0.02

0.13

0.04

0.12

0.03

0.18

0.18

0.07

0.02

0.21

-0.07

0.10

-0.09

-

-0.14

-

-

-0.10

-0.18

-0.09

-0.53

-0.54

-0.38

-0.39

-0.35

-0.52

-0.18

-0.34

-1.23

-6.45

-0.36

0.06

-0.21

-1.13

-1.27

0.02

-0.33

-0.40

0.05

2.59

-0.67

-0.35

0.47

Attributable to CME Ltd. — diluted

0.02

0.13

0.04

0.12

0.03

0.17

0.18

0.06

0.01

0.21

-0.07

0.07

-0.09

0.15

-0.14

-0.98

-0.31

-0.10

-0.18

-0.09

-0.53

-0.54

-0.38

-0.39

-0.35

-0.52

-0.18

-0.34

-1.23

-6.45

-0.36

0.06

-0.21

-1.13

-1.27

0.02

-0.33

-0.40

0.05

2.59

-0.67

-0.35

0.47

Weighted average common shares used in computing per share amounts (000’s):
Weighted Average Number of Shares Outstanding, Basic

265,036

264,842

264,833

264,570

264,199

265,232

263,829

235,148

158,039

156,662

156,189

155,738

154,795

154,413

153,494

149,083

147,078

147,061

147,054

146,743

146,606

146,607

146,610

146,445

146,374

146,685

145,695

122,115

88,397

88,648

88,134

66,501

64,393

64,394

64,393

64,384

64,369

127,844

64,337

63,871

63

61,337

51

Weighted Average Number of Shares Outstanding, Diluted

266,791

267,120

266,529

265,932

265,211

265,148

264,940

258,783

241,905

398,680

156,189

235,952

154,795

154,413

153,494

149,083

147,078

147,061

147,054

146,743

146,606

146,607

146,610

146,445

146,374

146,685

145,695

122,115

88,397

88,617

88,134

66,532

64,393

64,277

64,393

64,501

64,369

127,684

64,497

63,871

63

61,337

51