Balance Sheet Sun TV Network Limited

Equities

SUNTV

INE424H01027

Broadcasting

Market Closed - NSE India S.E. Other stock markets 12:40:31 11/09/2024 BST			5-day change	1st Jan Change
807.85 ^INR	-0.30%		+0.16%	+13.43%

08-27	Sun TV Network Limited Receives Order from Office of the Deputy Commissioner of State Tax, ST-IV, Large Taxpayers Unit, Tamil Nadu	CI
08-26	Sun TTV v Network Limited Receives Order from Office of the Superintendent of Central Tax, Panjagutta CST Range, Ameerpet CST Division, Hyderabad, Telangana	CI

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Published financial data: SUN TV NETWORK LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	35.2B	31.77B	35.85B	37.72B	42.82B
Other Revenues, Total	10.8M	271M	23.2M	6.9M	153M
Total Revenues	35.21B	32.04B	35.87B	37.73B	42.97B
Cost of Goods Sold, Total	9.25B	7.99B	9.33B	10.33B	12.32B
Gross Profit	25.96B	24.05B	26.54B	27.4B	30.65B
Selling General & Admin Expenses, Total	302M	154M	233M	325M	497M
Provision for Bad Debts	82.3M	51.3M	12.1M	39.5M	30.1M
Depreciation & Amortization - (IS)	7B	4.04B	3.06B	4.86B	5.32B
Other Operating Expenses	2.77B	2.79B	3.37B	3.06B	3.56B
Other Operating Expenses, Total	10.15B	7.04B	6.67B	8.29B	9.4B
Operating Income	15.81B	17.02B	19.87B	19.11B	21.25B
Interest Expense, Total	-128M	-269M	-332M	-94.2M	-85.6M
Interest And Investment Income	792M	914M	1.2B	1.74B	2.11B
Net Interest Expenses	664M	645M	864M	1.65B	2.02B
Income (Loss) On Equity Invest.	-41.7M	-64.2M	-87.1M	35.4M	103M
Currency Exchange Gains (Loss)	116M	-34.9M	60.2M	211M	17.2M
Other Non Operating Income (Expenses)	126M	623M	61.3M	1.19B	2.55B
EBT, Excl. Unusual Items	16.67B	18.19B	20.77B	22.2B	25.95B
Gain (Loss) On Sale Of Investments	1.51B	851M	1.17B	42.6M	126M
Gain (Loss) On Sale Of Assets	-1.6M	-4.8M	-1.3M	409M	-400K
Insurance Settlements	-	-	-	-	-
Other Unusual Items	9.3M	378M	19.9M	129M	58.6M
EBT, Incl. Unusual Items	18.19B	19.41B	21.95B	22.78B	26.13B
Income Tax Expense	4.34B	4.16B	5.53B	5.71B	6.87B
Earnings From Continuing Operations	13.85B	15.25B	16.42B	17.07B	19.26B
Net Income to Company	13.85B	15.25B	16.42B	17.07B	19.26B
Minority Interest	-3.3M	-2.1M	-1.1M	-5.1M	-7.3M
Net Income - (IS)	13.85B	15.25B	16.42B	17.06B	19.25B
Net Income to Common Incl Extra Items	13.85B	15.25B	16.42B	17.06B	19.25B
Net Income to Common Excl. Extra Items	13.85B	15.25B	16.42B	17.06B	19.25B
Per Share Items
Net EPS - Basic	35.15	38.7	41.66	43.3	48.85
Basic EPS - Continuing Operations	35.15	38.7	41.66	43.3	48.85
Basic Weighted Average Shares Outstanding	394M	394M	394M	394M	394M
Net EPS - Diluted	35.15	38.7	41.66	43.3	48.85
Diluted EPS - Continuing Operations	35.15	38.7	41.66	43.3	48.85
Diluted Weighted Average Shares Outstanding	394M	394M	394M	394M	394M
Normalized Basic EPS	26.43	28.84	32.94	35.2	41.13
Normalized Diluted EPS	26.43	28.84	32.94	35.2	41.13
Dividend Per Share	25	5	13.75	15	16.75
Payout Ratio	71.13	12.92	33	34.64	34.29
Supplemental Items
EBITDA	16.64B	17.91B	20.89B	20.43B	22.42B
EBITA	15.95B	17.16B	20.02B	19.26B	21.4B
EBIT	15.81B	17.02B	19.87B	19.11B	21.25B
EBITDAR	16.68B	17.94B	20.91B	20.47B	22.55B
Total Revenues (As Reported)	37.8B	34.84B	38.41B	41.49B	47.87B
Effective Tax Rate - (Ratio)	23.85	21.42	25.21	25.07	26.3
Total Current Taxes	4.54B	8.39B	4.89B	5.22B	6.26B
Total Deferred Taxes	-204M	-4.23B	646M	492M	613M
Normalized Net Income	10.42B	11.36B	12.98B	13.87B	16.21B
Interest on Long-Term Debt	123M	105M	87.8M	83.5M	62.1M
Non-Cash Pension Expense	1.5M	1.7M	900K	100K	-1.2M
Supplemental Operating Expense Items
Advertising Expense	263M	126M	215M	282M	364M
Marketing Expenses	1.5M	-	-	-	-
Selling and Marketing Expenses	264M	126M	215M	282M	364M
General and Administrative Expenses	-	-	-	-	-
Net Rental Expense, Total	40.5M	32.5M	18.1M	42.8M	132M
Imputed Operating Lease Interest Expense	-	77.46M	54.95M	40.89M	180M
Imputed Operating Lease Depreciation	-	-44.96M	-36.85M	1.91M	-47.82M
Maintenance & Repair Expenses, Total	284M	203M	278M	313M	298M

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	4.06B	4.69B	5.13B	1.31B	2.92B
Short Term Investments	2.7B	5.75B	5.91B	4.52B	900M
Trading Asset Securities, Total	19.73B	24.12B	24.11B	36.26B	47.42B
Total Cash And Short Term Investments	26.49B	34.55B	35.15B	42.09B	51.24B
Accounts Receivable, Total	15.43B	16.39B	16.29B	16.44B	15.39B
Other Receivables	55.2M	254M	382M	62.1M	150M
Notes Receivable	-	-	-	-	-
Total Receivables	15.48B	16.64B	16.67B	16.5B	15.54B
Inventory	-	-	-	-	-
Prepaid Expenses	197M	208M	324M	547M	426M
Other Current Assets, Total	576M	676M	702M	371M	786M
Total Current Assets	42.74B	52.08B	52.85B	59.51B	67.98B
Gross Property Plant And Equipment	11.58B	12.63B	21.07B	14.98B	15.21B
Accumulated Depreciation	-3.47B	-4.47B	-5.57B	-5.36B	-6.63B
Net Property Plant And Equipment	8.11B	8.16B	15.51B	9.62B	8.58B
Long-term Investments	7.19B	10.92B	11.48B	19.22B	24.39B
Goodwill	48M	48M	48M	48M	48M
Other Intangibles, Total	3.88B	2.64B	4.47B	8.63B	9.61B
Accounts Receivable Long-Term	-	-	385M	150M	-
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	9.9M	3.39B	2.74B	2.25B	1.64B
Other Long-Term Assets, Total	3.1B	2.23B	1.51B	2.05B	1.96B
Total Assets	65.08B	79.46B	88.98B	101B	114B
Liabilities
Accounts Payable, Total	3.17B	2.74B	2.2B	2.51B	2.57B
Accrued Expenses, Total	2.06B	2.34B	2.29B	2.03B	2.21B
Current Portion of Leases	293M	300M	313M	296M	81M
Current Income Taxes Payable	-	2.2B	134M	-	-
Unearned Revenue Current, Total	119M	278M	1.41B	2.46B	1.27B
Other Current Liabilities	468M	418M	307M	945M	2.26B
Total Current Liabilities	6.11B	8.28B	6.65B	8.24B	8.39B
Long-Term Leases	707M	503M	636M	332M	296M
Unearned Revenue Non Current	38.9M	33.3M	29.1M	25.4M	22.2M
Pension & Other Post Retirement Benefits	-	-	-	-	-
Deferred Tax Liability Non Current	851M	-	-	-	-
Other Non Current Liabilities	79.6M	61.9M	60.4M	116M	80.2M
Total Liabilities	7.79B	8.88B	7.38B	8.71B	8.79B
Common Stock, Total	1.97B	1.97B	1.97B	1.97B	1.97B
Additional Paid In Capital	4.72B	4.72B	4.72B	4.72B	4.72B
Retained Earnings	50.55B	63.85B	74.86B	86.03B	98.67B
Total Common Equity	57.24B	70.54B	81.55B	92.72B	105B
Minority Interest	47.5M	49.6M	50.7M	55.8M	63.1M
Total Equity	57.29B	70.59B	81.6B	92.77B	105B
Total Liabilities And Equity	65.08B	79.46B	88.98B	101B	114B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	394M	394M	394M	394M	394M
ECS Total Common Shares Outstanding	394M	394M	394M	394M	394M
Book Value / Share	145.25	178.99	206.94	235.27	267.35
Tangible Book Value	53.32B	67.85B	77.04B	84.04B	95.7B
Tangible Book Value Per Share	135.29	172.17	195.49	213.25	242.85
Total Debt	1B	803M	949M	629M	378M
Net Debt	-25.49B	-33.75B	-34.2B	-41.46B	-50.86B
Debt Equivalent of Unfunded Proj. Benefit Obligation	37.4M	22.7M	9.7M	-4M	1.2M
Debt Equivalent Oper. Leases	324M	260M	145M	342M	1.06B
Minority Interest, Total (Incl. Fin. Div)	47.5M	49.6M	50.7M	55.8M	63.1M
Equity Method Investments, Total	4.42B	4.35B	4.27B	4.3B	4.4B
Account Code - Inventory Valuation	5	3	3	3	3
Film Contract & Broadcasting Rights - Long-Term, Total	21.5B	23.09B	25.3B	29.75B	33.35B
Land - (BS)	877M	877M	877M	877M	877M
Buildings, Total	1.88B	1.88B	1.88B	1.88B	1.88B
Machinery, Total	6.82B	7.02B	14.1B	10.51B	10.63B
Full Time Employees	1.35K	1.19K	979	1.09K	1.05K
Accumulated Allowance for Doubtful Accounts (Supple)	862M	1.35B	1.89B	1.93B	1.76B

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	13.85B	15.25B	16.42B	17.06B	19.25B
Depreciation & Amortization - CF	970M	1.04B	1.16B	1.45B	1.3B
Amortization of Goodwill and Intangible Assets - (CF)	145M	145M	145M	145M	145M
Depreciation & Amortization, Total	1.12B	1.19B	1.31B	1.59B	1.45B
Amortization of Deferred Charges, Total - (CF)	5.89B	2.85B	1.75B	3.27B	3.87B
(Gain) Loss From Sale Of Asset	1.6M	4.8M	1.3M	-409M	500K
(Gain) Loss on Sale of Investments - (CF)	-1.86B	-1.46B	-907M	-1.16B	-2.63B
Asset Writedown & Restructuring Costs	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-	-	-	-35.4M	-103M
Provision and Write-off of Bad Debts	412M	538M	579M	81.9M	-116M
Other Operating Activities, Total	-354M	-2.32B	-2.27B	-2B	-1.4B
Change In Accounts Receivable	-2.67B	-1.26B	-789M	188M	2.48B
Change In Inventories	2.4M	-	-	-	-
Change In Accounts Payable	183M	187M	551M	1.9B	358M
Change in Other Net Operating Assets	-12.1M	-335M	-309M	463M	-1.44B
Cash from Operations	16.56B	14.64B	16.34B	20.96B	21.71B
Capital Expenditure	-304M	-234M	-11.3B	-5.7B	-5.11B
Sale of Property, Plant, and Equipment	6.2M	45.7M	3.6M	2.5B	900K
Sale (Purchase) of Intangible assets	-6.3B	-2.11B	-	-	-
Investment in Marketable and Equity Securities, Total	297M	-10.75B	324M	-14.21B	-10B
Other Investing Activities, Total	2.22B	1.53B	1.1B	1.87B	1.97B
Cash from Investing	-4.08B	-11.51B	-9.87B	-15.54B	-13.13B
Short Term Debt Issued, Total	2.8B	370M	3.2B	300M	200M
Total Debt Issued	2.8B	370M	3.2B	300M	200M
Short Term Debt Repaid, Total	-2.8B	-370M	-3.2B	-300M	-200M
Long-Term Debt Repaid, Total	-340M	-359M	-364M	-384M	-346M
Total Debt Repaid	-3.14B	-729M	-3.56B	-684M	-546M
Common Dividends Paid	-9.85B	-1.97B	-5.42B	-5.91B	-6.6B
Common & Preferred Stock Dividends Paid	-9.85B	-1.97B	-5.42B	-5.91B	-6.6B
Other Financing Activities, Total	-2.03B	-165M	-245M	-10.7M	-23.5M
Cash from Financing	-12.22B	-2.49B	-6.03B	-6.31B	-6.97B
Foreign Exchange Rate Adjustments	16.7M	-2.6M	8.9M	11.8M	100K
Net Change in Cash	269M	631M	444M	-878M	1.61B
Supplemental Items
Cash Interest Paid	6.7M	165M	245M	10.7M	23.5M
Cash Income Tax Paid (Refund)	6.36B	5.38B	6.95B	5.81B	6.19B
Levered Free Cash Flow	8.13B	13.06B	2.06B	12.67B	14.47B
Unlevered Free Cash Flow	8.21B	13.22B	2.27B	12.73B	14.52B
Change In Net Working Capital	2.07B	-890M	1.91B	-1.63B	-1.04B
Net Debt Issued / Repaid	-340M	-359M	-364M	-384M	-346M

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	15.55	14.72	14.75	12.54	12.32
Return on Total Capital	17.4	16.4	16.14	13.58	13.34
Return On Equity %	24.61	23.86	21.58	19.58	19.43
Return on Common Equity	24.62	23.87	21.59	19.58	19.44
Margin Analysis
Gross Profit Margin %	73.74	75.07	74	72.63	71.33
SG&A Margin	0.86	0.48	0.65	0.86	1.16
EBITDA Margin %	47.27	55.9	58.23	54.15	52.18
EBITA Margin %	45.31	53.56	55.8	51.04	49.79
EBIT Margin %	44.9	53.11	55.39	50.66	49.46
Income From Continuing Operations Margin %	39.35	47.6	45.77	45.24	44.81
Net Income Margin %	39.34	47.6	45.77	45.23	44.8
Net Avail. For Common Margin %	39.34	47.6	45.77	45.23	44.8
Normalized Net Income Margin	29.59	35.47	36.18	36.77	37.72
Levered Free Cash Flow Margin	23.1	40.75	5.74	33.59	33.67
Unlevered Free Cash Flow Margin	23.32	41.27	6.32	33.75	33.8
Asset Turnover
Asset Turnover	0.55	0.44	0.43	0.4	0.4
Fixed Assets Turnover	4.67	3.94	3.03	3.33	4.72
Receivables Turnover (Average Receivables)	2.48	2	2.2	2.31	2.69
Inventory Turnover (Average Inventory)	-	-	-	-	-
Short Term Liquidity
Current Ratio