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1、2022 ANNUAL REPORTYOURContentsChairmans LetterCEO UpdateFY22 At a GlanceOur StrategyOur PrioritiesSustainability and Sky for GoodBoard of DirectorsFinancialsOther Information0204091112354042105FRONT COVER IMAGE:Teen Titans Go!all to myself Llas Mum gets her set up on the iPad so she can watch her fa
2、vourite content.Never miss a moment With Sky Sport Now,no matter where he is,Scotts always got the score.Even while doing the housework,supposedly.Sky /2022 Annual Report1Chairmans LetterPhilip BowmanIndependent ChairmanOur company has ended the financial year in a much-improved position due to the
3、hard work by Management and all the Sky team over the last twelve months.The strong results for the year were driven by a return to growth in core revenue,a continued focus on cost control,and an ongoing emphasis to build enduring relationships with content partners and secure the content that our c
4、ustomers want to view.Against a difficult macroeconomic outlook globally,Skys balance sheet ended the year with no borrowings,significant cash on hand(including the proceeds from the sale of our Mt Wellington campus),supported by a business delivering healthy free cashflow.The Board and Management t
5、ook time to explore Skys capital management strategy in the context of available growth initiatives.These included the evaluation of a possible acquisition of MediaWorks,which we subsequently chose not to pursue.Not only have we made good progress against strategy,but improved financial performance
6、combined with greater confidence in the future has allowed the Board to declare a final dividend for FY22 of 7.3 cents per share payable in late September.In addition,the Board will propose to the Annual Shareholder Meeting a return of capital of approximately$70 million,using the mechanism of a Cou