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First Quarter 2014
Investor Conference Call
January 14, 2014
1:30pm MT/3:30pm ET
Forward Looking Information Disclaimer
Statements included in this presentation that
are not historic (including those showing “2014 Free Cash Flow
Guidance") constitute forward-looking statements. Forward-
looking statements are based on assumptions and involve risks
and other factors which may cause actual results to be
materially different from views expressed or implied by such
statements. Accordingly, forward-looking statements are not
guaranteed and undue reliance should not be placed on them.
1
guaranteed and undue reliance should not be placed on them.
Material risks and other factors that could cause actual results
to differ materially from the views expressed in forward-looking
statements and material assumptions underlying forward-
looking statements are identified in the Company's
Management’s Discussion and Analysis (“MD&A”) for fiscal
2013 and for Q1 2014 which have been filed with the Canadian
securities regulatory authorities and the U.S. Securities and
Exchange Commission.
Q1 2014 Financial Results
+4.3%Cable Revenue
+1.9%
Satellite Revenue
$608 $601
$1,362 $1,319
$ M
ilions
$ M
ilions
$ M
ilions
$ M
ilions
Q1 ResultsQ1 ResultsQ1 ResultsQ1 Results
+2%+2%+2%+2%
+3%+3%+3%+3%
22
Q1/14 Consolidated revenue and EBITDA up over 3% and 2% after adjusting for the net impact of acquisition/dispositions
EBITDA is referred to as “operating income before amortization” which is defined and discussed under “Key Performance Drivers” in the MD&AQ1/13 results include Hamilton but not Envision contribution
+1.9%Media Revenue
Q1 F14Q1 F14Q1 F14Q1 F14Q1 F13Q1 F13Q1 F13Q1 F13
EBITDAEBITDAEBITDAEBITDA RevenueRevenueRevenueRevenue
+2%+2%+2%+2%
Board Approves 8% Dividend Increase
$1.10 $1.10 $1.10 $1.10
$1.02 $1.02 $1.02 $1.02 $0.97 $0.97 $0.97 $0.97
$0.92 $0.92 $0.92 $0.92 $0.88 $0.88 $0.88 $0.88
Dividend/S
hare
Dividend/S
hare
Dividend/S
hare
Dividend/S
hare
Annual DividendAnnual DividendAnnual DividendAnnual Dividend8888%
5555%5555%5555%5555%
33
Consistent Dividend Growthin line with Board target of 5% - 10%
20142014201420142013201320132013201220122012201220112011201120112010201020102010
Dividend/share is as at the end of each fiscal year based on the Board approved amount. For details about the “actual” dividend paid during the year, please refer to the annual report.
WiFi Footprint Continues to Grow
4
Key agreement with municipalities such as The City of Calgary
+30K
Access Points
Shaw GOTV Everywhere Strategy and Best Content
5
TV Everywhere delivers innovation, choice and value to our customers & viewers
Exceptional Customer Experience
Leading Technology
Customer Profitability
Operational Efficiencies
Managing for Our Future…
6
Continue to invest in
our service reputation
+30K WiFi points
Shaw Go apps
Launched Anik G1
Disciplined pricing
and promotion
strategies
Maintained pricing
discipline in Q1/14
(48% cable margin)
8% Dividend Increase
F14 FCF guidance of
$625-$650M
