Highlights

Audited Consolidated Financial Results (As of December 31, 2012)
  2012 2011 2012 vs. 2011
Service Income 8,977 8,249 9%
Operating Income 2,411 2,482 (3%)
Consolidated EBITDA 3,777 3,561 6%
Consolidated EBITDA Margin 42.1% 43%  
Adjusted EDBITDA of Cable Operations 3,720 3,507 6%
Ajusted EBITDA Margin of Cable Operations 43% 44%  
Net Income 1,940 1,748 11%
Earnings per CPO 2.26 2.02 11%
Total Assets 20,658 18,799 10%
Cash and Short Term Investments 2,494 2,510 (1%)
Total Liabilities 5,751 5,384 7%
Net Debt (353) 548 (164%)
Stockholders' Equity 14,908 13,415 11%
Financial Rations
Net Debt / Consolidated EBITDA (0.09) 0.15  
Interest Coverage 31.53 28.12  
Total Liabilities / Stockholders Equity 0.39 0.40  

Figures in millions of pesos


Operating Results (As of December 31, 2012)
  2012 2011 2012 vs. 2011
Homes passed 6,210,119 5,719,799 9%
Network Kilometers 44,390 40,525 10%
Two-way Network Percentage 97% 97%  
Video subscribers 2,100,345 1,943,910 8%
Digital Video Subscribers 1,171,258 975,894 20%
Penetration Rate of Households 34% 34%  
HSD Internet Subscribers 834,781 682,726 22%
Penetration Rate of Video Subscribers 40% 35%  
Telephony Subscribers 555,900 495,205 12%
Penetration Rate of Video Subscribers 26% 26%  
Unique Subscribers 2,192,588 1,999,765 10%
Revenue Generating Units (RGU´s) 3,491,026 3,121,841 12%
RGU´s Per Unique Subscribers 1.59 1.56  
ARPU Per Unique Subscribers $357.2 $368.3 (3%)



Network Kilometers