TV4 First Quarter 2002

TV4 First Quarter 2002 · TV viewing increased overall as a result of the Winter Olympics. TV4's share fell to 23.9 per cent since we elected not to broadcast the games. TV4´s share improved in March and April. · Loss after net financial income/expense totalled SEK -39 million, compared with a profit of SEK 8 million the previous year. Earnings for the year include a negative one-off figure of SEK 37 million regarding disputed franchise fee on revenues from digital distribution. Group revenues fell by 7 per cent to SEK 535 million. Costs fell by 4 per cent. · Local TV operations at the sixteen stations have been organised into five regions. Annual costs have been reduced by SEK 20 million. The priority is now to better meet the needs of local advertisers. First quarter revenues were 4 per cent higher than the previous year. · TV4.se increased the number of unique website visitors to 1,500,000 in March, which is almost three times last year´s figure. TV4.se is now Sweden´s second most-visited media site. The number of daily viewers of TV4 text TV has risen to 1.83 million, which is an all- time high. · TV4 Mediteve, a new chat service, was launched in April. It is distributed via Canal Digital, Com hem and one of the three channels allocated to TV4 on the digital terrestrial network. · The advertising market remains uncertain. The economies that have been made are expected to yield savings of SEK 100 million in 2002 as compared with the previous year. TV4 AB (publ) 26th April 2002 Interim report for January - March 2002 Profit by division 2002 2001 The TV4 channel Pre-franchise fee profit 99 130 Franchise fee -70 -86 Profit after franchise fee 29 44 Local TV Pre-franchise fee profit -5 -6 Franchise fee -22 -21 Profit after franchise fee -27 -27 TV4 Interaktiv -2 -4 Allt om Stockholm -2 -5 Items affecting comparability -37 - Profit after financial items -39 8 Next report TV4´s interim report for the second quarter 2002 will be issued on 23rd July. Stockholm, 26th April 2002 TV4 AB (publ) Jan Scherman Managing Director This interim report has not been subject to special examination by TV4´s auditors. For further information contact Jan Scherman, Managing Director, tel. +46 8 459 4072, Erik Haegerstrand, Financial Director, tel. +46 8 459 4061, or Eva Franchell, Information Director, tel. +46 8 459 4012. Tel. switchboard +46 8 459 4000. This report and other financial information is also available on the Internet at www.tv4.se ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/04/26/20020426BIT01420/wkr0001.doc The full report http://www.waymaker.net/bitonline/2002/04/26/20020426BIT01420/wkr0002.pdf The full report