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Patent portfolio - Technicolor

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20<br />

Entertainment Services – H1 Highlights<br />

Revenues, €m Adj EBITDA, €m<br />

668<br />

Q2<br />

342<br />

Q1<br />

326<br />

+18%*<br />

Q2<br />

368<br />

Q1<br />

391<br />

2010 2011<br />

+49<br />

+0 +5 +12<br />

+153<br />

60<br />

YoY volume change for SD and BD, million units<br />

74<br />

H1 2010 H1 2011<br />

+83<br />

+26 +21<br />

+75<br />

-16<br />

-26<br />

Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11<br />

SD (Standard Definition DVD) BD (Blu-ray Disk)<br />

* Change at constant rates<br />

759<br />

+14<br />

+9<br />

Strong commercial performance<br />

Market share gains in Digital Production,<br />

Postproduction and Digital Cinema Distribution<br />

H1 2011 revenues up 18.2% YoY at<br />

constant currency<br />

Strong growth in Digital Production and<br />

increase in Postproduction revenues.<br />

Continued expansion of Digital Cinema<br />

distribution<br />

Volumes in DVD and Blu-Ray up 50%<br />

Improvement in Adjusted EBITDA<br />

margin in H1 2011<br />

On going cost reduction in all activities<br />

Improved revenue mix in Theatrical Services<br />

Stable DVD Services margin

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