ZEE TELEFILMS LIMITED
Regd. Office: 135, Continental Building, Dr. A. B. Road, Worli, Mumbai - 400 018
www.zeetelevision.com
UNAUDITED CONSOLIDATED FINANCIAL RESULTS (PROVISIONAL)
CONSOLIDATED SEGMENT REPORTING
Of Zee Telefilms Ltd. and its Subsidiaries for the quarter ended June 30, 2003
Of Zee Telefilms Ltd. and its Subsidiaries for the quarter ended June 30, 2003
Rs. in Crores
Particulars
Quarter ended
June 30,
(Unaudited)
Year ended
March 31,
(Unaudited)
2003
2002
2003
Sales and Services
Advertising Revenue
Subscription Revenue
Other Sales and Services
121.20
142.77
25.33
139.97
101.59
7.24
622.79
478.77
97.76
Total Revenue
289.30
248.80
1,199.32
Expenditure
Transmission & Prog. Cost
Staff cost
Other Expenses
128.68
18.48
52.03
104.13
18.38
50.46
462.63
72.29
280.85
Total Expenditure
199.19
172.97
815.77
Operating Profit
90.11
75.83
383.55
Add : Int. & other Income
Less : Finance cost
Depreciation
19.08
16.96
8.16
16.21
18.22
5.67
77.27
76.36
30.33
PBT before Exceptional items
Less : Provision for Taxation
84.07
21.77
68.15
20.48
354.13
88.49
Profit after Tax for the year
Less : Exceptional Items
Profit after Tax
Less : Minority Interest
Excess/(short) provision for tax
(earlier years)
62.30
62.30
4.77
-
47.67
47.67
0.11
-
265.64
38.61
227.03
13.77
3.43
Notes :
1) During the current quarter, financials of Padmalaya Enterprises Private Limited (PEPL),
the holding company of Padmalaya Telefilms Limited (PTL), and financials of ETC
Networks Limited (ETC) have been consolidated with Zee. Since neither of these
companies were consolidated during the corresponding quarter last year, previous
period figures are not comparable. Other Sales and Services include revenues from
PTL.
2) The Company has obtained approval from Mumbai High Court for amalgamation of
three of its wholly owned subsidiaries Patco, Kaveri Entertainment Limited and Elzee
Television Limited w.e.f. April 01, 2001. Accordingly, effect of amalgamation is now
given in the financials of the quarter ending March 31, 2003. Previous period figures
UNAUDITED FINANCIAL RESULTS (PROVISIONAL)
Of Zee Telefilms Ltd. for the quarter ended June 30, 2003
Rs. in Crores
Particulars
Quarter ended
June 30,
(Unaudited)
Year ended
March 31,
(Unaudited)
2003
2002
2003
1. Segment Revenue
a. Content & Broadcasting
b. Access
c. Education
d. Others
256.00
46.77
1.64
-
218.64
35.52
3.01
-
1,037.26
182.31
16.33
3.76
Total Revenue
Less: Inter-Segment Revenue
Net Revenue
304.41
15.11
289.30
257.17
8.37
248.80
1,239.66
40.34
1,199.32
2. Segment EBITA
a. Content & Broadcasting
b. Access
c. Education
d. Others
81.87
0.46
(0.38)
-
72.62
0.86
(3.32)
-
369.16
(8.39)
(7.80)
0.25
Total EBITA
Less : Finance Cost
Add : Int. & other Income
81.95
16.96
19.08
70.16
18.22
16.21
353.22
76.36
77.27
Profit before Tax
84.07
68.15
354.13
3,760.81
344.23
(1.59)
-
3,547.82
509.26
(25.57)
-
3,702.65
345.81
(1.31)
-
3. Segment Assets (Net)
a. Content & Broadcasting
b. Access
c. Education
d. Others
of Zee Telefilms Limited are accordingly, not comparable. There is no impact on
consolidated financials for the current quarter.
3) Application for restructuring/ amalgamation of DML, Econnect and ZILS is pending
before the High court and hence the effect of restructuring/ amalgamation, has not
been considered in the above results.
4) Status of letters received from investors during the quarter ended June 30, 2003
- Pending at the beginning of quarter - 10
- Received during the quarter
- 623
- Resolved during the quarter
- 620
- Pending at the end of quarter
- 13
Rs. in Crores
Particulars
(standalone operations)
Quarter ended
June 30,
(Unaudited)
Year ended
March 31,
(Unaudited)
2003
2002
2003
Income
Sales and Services
91.63
93.04
438.53
Expenditure
Transmission & Prog. Cost
Staff Cost
Other Expenses
35.45
7.28
25.95
46.14
8.25
13.85
198.69
29.28
80.01
Total Expenditure
68.68
68.24
307.98
Operating Profit
22.95
24.80
130.55
Add : Int. & Other Income
Less : Finance cost
: Depreciation
16.96
12.11
2.43
15.59
13.29
2.38
68.91
51.71
9.26
Profit before Tax
Less : Provision for tax
25.37
8.30
24.72
8.12
138.49
51.00
Profit after Tax
Excess/ (short) provision for tax
(earlier years)
17.07
-
16.60
-
87.49
3.43
41.25
41.25
41.25
3,853.28
2.20
Paid up Eq. Share capital
Reserves (Excl. Revaluation reserve)
EPS
Aggregate of Non-Promoters’ Shareholding
No.of Equity Shares of Rs.1 each (in crores)
Percentage of Shareholding
19.89
48.22
5) Previous period figures have been reclassified/ regrouped wherever necessary to
conform to current period classification.
6) The above results, which are subject to limited review by the Auditors, were reviewed
by the Audit Committee and taken on record by the Board of Directors, in its meeting
held on July 29, 2003.
Place : Mumbai
Date : July 29, 2003
For & on behalf of the Board
Zee Telefilms Limited
sd/Subhash Chandra
Chairman & Managing Director