CTC Media, Inc. (CTCM) [Rocket]

In millions, except per share items	Dec-31-15	Dec-31-14	Dec-31-13	Dec-31-12	Dec-31-11	Dec-31-10	Dec-31-09	Dec-31-08
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
CTC Network					572.6	388.3	326.0
Domashny Network					105.2	65.9	50.6
CTC Television Station Group						71.7	64.0
Other					88.5	75.4	65.4
Total revenues [+]	0.0	0.0	0.0	804.9	766.4	601.3	506.1	640.2
Advertising				775.8	747.5	562.1	483.9	623.3
Other						1.3	1.2	2.8
Revenue growth [+]			-100.0%	5.0%	27.5%	18.8%	-20.9%	35.6%
CTC Network					47.5%	19.1%
Domashny Network					59.6%	30.1%
CTC Television Station Group						12.0%
Domashny Television Station Group						19.9%
Cost of goods sold	-5.3	-6.8	-6.4	-45.4	-43.7	-37.5	-32.1	-36.7
Gross profit	5.3	6.8	6.4	850.3	810.0	638.8	538.2	676.8
Gross margin				105.6%	105.7%	106.2%	106.3%	105.7%
Selling, general and administrative	7.9	29.4	29.9	181.3	165.2	69.8	58.5	78.2
Other selling, general and administrative
Equity in earnings	0.0			1.4	0.9	0.5	0.5	1.5
Other operating expenses	-5.7	-56.0	-46.1	460.7	433.5	375.6	319.9	345.2
EBITDA [+]	17.5	59.6	55.8	257.8	247.6	221.3	183.2	281.8
EBITDA growth	-70.7%	6.7%	-78.3%	4.1%	11.8%	20.8%	-35.0%	28.1%
EBITDA margin				32.0%	32.3%	36.8%	36.2%	44.0%
Depreciation and amortization	14.3	26.1	33.1	24.0	17.6	13.7	11.5	13.4
EBIT [+]	3.2	33.5	22.7	233.8	229.9	207.6	171.8	268.4
EBIT growth	-90.6%	47.5%	-90.3%	1.7%	10.7%	20.9%	-36.0%	39.3%
EBIT margin				29.0%	30.0%	34.5%	33.9%	41.9%
Non-recurring items [+]	7.9	29.4	29.9	82.5	106.4		18.7	232.7
Asset impairment	7.9	29.4	29.9	82.5	106.4		18.7	232.7
Interest income, net [+]				8.8	6.7	4.8	-0.9	-3.2
Interest expense				0.7	0.5	1.2	7.0	9.4
Interest income				9.5	7.2	6.0	6.1	6.2
Other income (expense), net [+]	0.0	-5.6	0.3	4.6	6.7	4.6	-3.5	-28.1
Gain (loss) on foreign currency transactions	0.3	5.5	-0.4	1.8	2.0	1.8	-4.6	-28.9
Other	0.2	-0.1	0.0	2.9	4.7	2.8	1.1	0.8
Pre-tax income	-4.7	-1.4	-6.8	164.7	136.9	217.1	148.6	4.4
Income taxes	-1.7	-0.5	-2.4	64.9	76.4	66.0	45.6	19.9
Tax rate	35.0%	35.2%	35.0%	39.4%	55.8%	30.4%	30.7%	452.3%
Minority interest				-6.8	-7.4	-5.3	-2.6	37.9
Earnings from continuing ops	-3.1	4.4	3.4	106.6	67.9	156.3	105.6	-53.4
Earnings from discontinued ops	-487.2	109.0	156.8
Net income	-490.3	113.4	160.2	106.6	67.9	156.3	105.6	-53.4
Net margin				13.2%	8.9%	26.0%	20.9%	-8.3%

Basic EPS [+]	($0.02)	$0.03	$0.02	$0.67	$0.43	$1.00	$0.69	($0.35)
Growth	-170.3%	30.0%	-96.8%	56.2%	-57.0%	44.8%	-297.7%	-139.2%
Diluted EPS [+]	($0.02)	$0.03	$0.02	$0.67	$0.43	$1.00	$0.67	($0.34)
Growth	-170.4%	29.9%	-96.8%	56.9%	-57.1%	49.3%	-298.7%	-139.3%

Dividends per share [+]	$0.17	$0.70	$0.63	$0.52	$0.82	$0.51
Growth	-75.7%	11.1%	21.2%	-36.6%	60.8%

Shares outstanding (basic) [+]	156.0	155.7	156.9	158.0	157.2	155.6	152.2	152.1
Growth	0.2%	-0.7%	-0.7%	0.5%	1.1%	2.2%	0.1%	0.3%
Shares outstanding (diluted) [+]	156.0	156.0	156.9	158.1	158.0	156.1	157.5	158.2
Growth	0.0%	-0.6%	-0.7%	0.0%	1.2%	-0.9%	-0.5%	-0.1%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.