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An in-depth Study on the Animation Industry - Philippine Institute for ...

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Total Assets 742,657 706,451 4.88%<br />

Equity -317,468 -153,432 106.91%<br />

Capital Output Ratio 1.92 3.04 -36.84%<br />

Index of Profitability<br />

The Top 8 Moti<strong>on</strong> Picture Projecti<strong>on</strong> Companies Based <strong>on</strong> 1998 Gross Revenue<br />

(PhP ‘000)<br />

Gross Revenue Market Share<br />

Bohol Quality Corp. 193,659 50.09<br />

West Avenue Theaters Corp. 48,932 12.66<br />

FSM C<str<strong>on</strong>g>in</str<strong>on</strong>g>emas, Inc. 35,437 9.17<br />

Rajah Broadcast<str<strong>on</strong>g>in</str<strong>on</strong>g>g Network, Inc. 27,002 6.98<br />

Scorpio Theater Mgt. Corp. 23,255 6.02<br />

Imperial C<str<strong>on</strong>g>in</str<strong>on</strong>g>ema, Inc. 21,718 5.62<br />

Mayfair Theater, Inc. 20,822 5.39<br />

Ayala Theaters Mgt., Inc. 15,759 4.08<br />

Source: 1999-2000 Top 7000 Corporati<strong>on</strong>s<br />

1999-2000 Next 5000 Corporati<strong>on</strong>s<br />

<str<strong>on</strong>g>An</str<strong>on</strong>g> exam<str<strong>on</strong>g>in</str<strong>on</strong>g>ati<strong>on</strong> of <strong>the</strong> top eight moti<strong>on</strong> picture projecti<strong>on</strong> companies that likewise<br />

show animati<strong>on</strong> films reveals a gross revenue of P386 milli<strong>on</strong> <str<strong>on</strong>g>in</str<strong>on</strong>g> 1998 versus P232<br />

milli<strong>on</strong> <str<strong>on</strong>g>in</str<strong>on</strong>g> 1997 or an <str<strong>on</strong>g>in</str<strong>on</strong>g>crease of 66%. From <strong>the</strong>se eight companies, Bohol Quality<br />

Corporati<strong>on</strong> had P193 milli<strong>on</strong> gross revenues with a market share of 50%. The table<br />

<str<strong>on</strong>g>in</str<strong>on</strong>g>dicates that <strong>the</strong>re is growth <str<strong>on</strong>g>in</str<strong>on</strong>g> <strong>the</strong> number of moti<strong>on</strong> pictures be<str<strong>on</strong>g>in</str<strong>on</strong>g>g projected.<br />

1.6.4 Profile of Top 14 Moti<strong>on</strong> Picture, Radio, Televisi<strong>on</strong>, and o<strong>the</strong>r<br />

Enterta<str<strong>on</strong>g>in</str<strong>on</strong>g>ment-Related Companies (Ph ‘000)<br />

Table 6. Profile of Top 14 Moti<strong>on</strong> Picture, Radio, Televisi<strong>on</strong> and o<strong>the</strong>r<br />

Enterta<str<strong>on</strong>g>in</str<strong>on</strong>g>ment-related Companies (PHP ‘000)<br />

1998 1997 % Change<br />

Gross Revenue 749,642 794,337 -5.62%<br />

Net Income 23,496 51,263 -54.17%<br />

Total Assets 2,271,487 2,272,174 -0.30%<br />

Equity 1,741,165 1,764,520 -1.32%<br />

Capital Output Ratio 3.03 2.86 5.94%<br />

Index of Profitability 1.35 2.91 53.61%<br />

32

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