independent auditor's report on the summarized …€¦ · independent auditor's report...

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INDEPENDENT AUDITOR'S REPORT ON THE SUMMARIZED CONSOLIDATED FINANCIAL STATEMENTS

To the Members ofAcademy of Canadian Cinema & TelevisionAcadémie Canadienne du Cinéma et de la Télévision

The accompanying summary consolidated financial statements, which comprise the summary consolidated statement offinancial position as at April 30, 2015, the summary consolidated statements of operations and changes in net assets for the yearthen ended, and related notes, are derived from the audited consolidated financial statements of Academy of Canadian Cinema& Television - Académie Canadienne du Cinéma et de la Télévision (the "Academy"), for the year ended April 30, 2015. Weexpressed an unmodified audit opinion on those consolidated financial statements in our report dated July 14, 2015. Thosefinancial statements, and the summary financial statements, do not reflect the effects of events that occurred subsequent to thedate of our report on those financial statements.

The summary consolidated financial statements do not contain all the disclosures required by Canadian accounting standardsfor Not-For-Profit Organizations. Reading the summary consolidated financial statements, therefore, is not a substitute forreading the audited consolidated financial statements of the Academy .

Management's Responsibility for the Summarized Financial Statements

Management is responsible for the preparation of the summary consolidated financial statements in accordance with the Note.

Auditor's Responsibility

Our responsibility is to express an opinion on the summary consolidated financial statements based on our procedures, whichwere conducted in accordance with Canadian Auditing Standard (CAS) 810, "Engagement to Report on Summary FinancialStatements".

OpinionIn our opinion, the summary consolidated financial statements derived from the audited consolidated financial statements of theAcademy for the year ended April 30, 2015, are a fair summary of those financial statements in accordance with the basisdisclosed in the Note.

Chartered Accountants, Licensed Public Accountants

August 6, 2015Toronto, Ontario

SUMMARY CONSOLIDATED STATEMENT SUMMARY CONSOLIDATED STATEMENT

OF FINANCIAL POSITION OF OPERATIONS AND CHANGES IN NET ASSETSAs at April 30, 2015 For the year ended April 30, 2015

2015 2014 2015 2014

$ $ $ $

ASSETS Revenues

Corporate sponsorships and donations 1,952,410 1,753,609

Cash and cash equivalents, including Government sponsored grants 923,516 838,912

$20,000 restricted (2014 - $20,000) 445,253 633,995 Entry fees 795,950 753,840

Government grants and accounts receivable 527,005 327,662 Membership fees 437,871 417,786

Deposits and prepaid expenses 135,458 100,591 Award show ticket sales 420,494 435,681

Capital assets 87,558 131,372 License fees 1,372,932 223,213

Advertising and other revenue 376,114 346,350

1,195,274 1,193,620 6,279,287 4,769,391

LIABILITIES AND NET ASSETS Expenses

Accounts payable and accrued liabilities 438,980 399,984 Award show operations 5,482,916 3,854,543

Loan payable 130,000 220,000 Other projects and activities 270,562 273,929

Deferred revenue 404,002 417,589 Membership administration and services 393,066 436,822

Interest and amortization of capital assets 66,498 47,095

Total Liabilities 972,982 1,037,573

6,213,042 4,612,389

Net Assets

Capital assets 107,558 151,372 Excess of Revenues over Expenses 66,245 157,002

Unrestricted net assets 114,734 4,675

222,292 156,047 Net Assets, Beginning of the Year 156,047 (955)

1,195,274 1,193,620 Net Assets, End of the Year 222,292 156,047

NOTE - Applied criteria in the preparation of the summary consolidated financial statements:

The Academy has prepared these summary consolidated financial statements to be included as part of its annual report. These summary consolidated financial statements

present the same information as the audited consolidated financial statements, except for the full consolidated statements of financial position, changes in net assets and

operations, and the consolidated statement of cash flows and notes to the audited consolidated financial statements. Complete audited consolidated financial statements

for the year ended April 30, 2015 are available upon request.

ACADÉMIE CANADIENNE DU CINÉMA ET DE LA TÉLÉVISION

ACADEMY OF CANADIAN CINEMA & TELEVISION

YEAR IN REVIEW

2015 ACADEMY OF CANADIAN CINEMA & TELEVISION

Academy | 2014-2015 In Review | 1

CONNECTING WITH CANADIANS | THE PUSH TO FANS Executive Summary

The Academy’s new mantra of connecting with Canadians during the fiscal year (May 1, 2014 to April 30, 2015) was distinguished by a concerted effort to reach fans on all platforms. New outreach methods included a fresh interactive website, FanZone.Academy.ca, a special area reserved for fans on the CANADIAN SCREEN AWARDS’ Official Red Carpet, as well as the introduction of two new Academy Special Awards for ratings’ winners: the inaugural Golden Screen Awards for TV, which garnered a flurry of media attention. Our new international outreach included an inaugural Academy Legacy Award, presented to the Toronto International Film Festival, on the occasion of their 40th Anniversary, at our second annual Los Angeles event during awards’ season: Canada Stars.

2015 CANADIAN SCREEN WEEK 11 events in seven days (February 23 | March 1 2015)

Two well-attended CSA nominee receptions held simultaneously in Toronto and Montreal

Two sold-out CANADIAN SCREEN AWARDS Galas (Sheraton Centre Toronto)

BANFF INDUSTRY DAY | Power panels & networking opportunities

Panelists included: Heather Conway Executive Vice-President of English Services, CBC/Radio-Canada, Doug Murphy Executive Vice President and Chief Operating Officer, Corus Television, David Purdy SVP Content, Rogers Communications and Barbara Williams Executive Vice President, Broadcasting and President, Shaw Media, and John Doig, Scotiabank CMO

FANZONE | The ever-popular FanZone event attracted approximately 1,000+ people who came to watch or take a selfie with Canadian Stars (see appendix).

WOMEN WHO ACT with Patricia Rozema | The Academy partnered with broadcasters Bell Media & Corus Entertainment for the 3rd annual 90-minute talk show, featuring leading nominees (see appendix). WWA is an original production from The Movie Network and Movie Central, produced in association with the Academy. It was filmed at TIFF Bell Lightbox during Canadian Screen Week with a live full-house audience composed of the general public, TIFF members and Academy members

FREE public screenings at TIFF Bell Lightbox of Maps to the Stars and Mommy

CANADIAN SCREEN AWARDS CBC BROADCAST GALA | Andrea Martin hosted the 2-hour LIVE Broadcast Gala on CBC at 8pm (8:30 NT) from the Four Seasons Centre for the Performing Arts with a fan zone on the red carpet welcoming hundreds of members of the public


ACADEMY BOARD OF DIRECTORS’ & STAFF REPORT Active Board of Directors remains at 17 (see appendix)

Academy staff of 20 remains the same (including the Quebec Bureau)

SPONSORSHIP SUCCESS Signed 17 new sponsors

Impressive retention rate of approx. 85% of sponsors since 2014

Fundraising efforts generated 20% more revenue

New partnership with Rogers Media / VICE brought the Academy Talks Series to Canadian Screen Week for the first time ever with standing room only

New partnership with Brian Linehan Foundation spotlighted emerging Canadian talent on stage at the Broadcast Gala

MEMBERSHIP ACTIVITIES • Hosted five Academy Talks at Soho House (2 webcast) • Hosted seven Academy Content Pitch sessions at the Ritz-Carlton, Toronto (3 webcast) • Hosted 19 film screenings in Toronto and Vancouver in association with sponsors Bell

Media, Cineplex, Elevation Pictures, Entertainment One, Fox Searchlight Pictures and Mongrel Media

KEY RULES & REGULATIONS CHANGES FOR THE 2015 CANADIAN SCREEN AWARDS

The number of regular awards increased by five CSAs from 123 awards to 128 awards from 2014 to 2015 for film, TV and digital media

14 Academy Special Awards included the new well-received Golden Screen Award for TV Drama / Comedy and the Golden Screen Award for TV Reality Show

QUEBEC ACTIVITIES

Academy’s Annual Fundraising Day in Quebec included a golf tournament, bicycle rides and a networking dinner/evening. 350 people attended and proceeds went to support the national training program of l’INIS on June 12, 2014

Academy Full Day symposium organized with SARTEC | Economy experts and industry organization representatives discussed the economic impact of audiovisual creation in October 2014

Hosted discussion with Louis Lalande, Executive VP, French Services, CBC/Radio Canada on the restructuring plan at the CBC (February 2015)

Joint projects with Evolumedia, Qui fait Quoi, and FCTMN


2014 PRIX GÉMEAUX Nominees for Les prix Gémeaux were announced at a Press Conference co-hosted by star

René Simard, our Quebec Bureau Executive Director, Patrice Lachance and Chair, Academy in Quebec, Richard Speer on June 17, 2014

Nominee Certificates were presented at a ceremony on August 26, 2014

Les prix Gémeaux documentary awards event was hosted by Marie-Eve Janvier and Jean- François Breau on September 11, 2014

Les prix Gémeaux industry awards night was hosted by Anne-Marie Withenshaw. Live webcast on 14 sites on September 18, 2014

The 29th edition of Les prix Gémeaux was hosted by Quebec star René Simard at the Place des Arts. Live broadcast on ICI Radio-Canada Télé to 922,000 viewers on September 18, 2014

KEY BRANDING & MEDIA ACTIVITIES SEPTEMBER 2014 | TIFF

The Academy celebrated Canadian filmmakers in partnership with The Spoke Club and Bell Media’s etalk at another packed Canadian Filmmakers’ Party

SIMULTANEOUS NOMINEE PRESS CONFERENCES in Toronto & Montreal| Jan 13, 2015

New CSW movie trailer launched in both languages & both markets

A record 400+ media and sponsors attended the press conference at the TIFF Bell Lightbox

Live webcast of Toronto presser reached 2,780 media, Academy Members and fans across Canada, California and around the world

CSA PRESS ROOM at Four Seasons Centre for the Performing Arts

Sold out show at the Four Seasons Centre for the Performing Arts augmented by LIVE WEBCAST of winners’ interviews in press room viewed by 2,137 media, nominees and fans in Canada, the U.S. and around the world

A FRESH INTERACTIVE WEBSITE, FANZONE.ACADEMY.CA New and improved Fanzone.Academy.ca website attracting the Canadian and

international public 365 days a year

61,200 Unique Visitors visited the website during the Canadian Screen Awards campaign

Fan’s Choice Award engaged 32,000 votes from 163 countries internationally and across Canada | Anna Silk won the Fan’s Choice Award for Favourite Canadian Screen Star

CANADIAN SCREEN AWARDS MOVIE TRAILER

30-second trailer screened nationwide on over 2,800 cinema screens in both official languages (and on Academy YouTube Channel) achieving a total 8 million impressions

8 Million views of CSA Promotion Trailer


Participating exhibitors included Cineplex, Landmark Cinemas, Magic Lantern Theatres and Rainbow Cinemas, as well as specialized venues such as the TIFF Bell Lightbox, Film.ca Cinemas and Hollywood Suite

Online industry partnerships with Unions, Guilds and Associations provided crucial social media support that directed traffic to the Academy YouTube Channel

RED CARPET & FANS DOMINATE The move to the Four Seasons Centre for the Performing Arts allowed for a 150-foot

Official Red Carpet tent on University Ave. with a new 40-ft-long area for fans to watch stars walk the carpet. This was a huge success as fans garnered selfies and smiles.

It was the 3rd year for the successful Broadcaster Lounges, hosting interviews with winners

Media Opportunities on mini-red carpets at every event

Pop-up Andrea (a life-size cut-out of host Andrea Martin) was once again a hit at all events

SOCIAL MEDIA DOUBLED AGAIN, REACHING MORE FANS THAN EVER

Our aggressive Twitter campaign doubled our numbers as 446 million were reached over the 10 week campaign (up from 209 million in 2014 campaign)

Media Reach hit 111 Million (Print & Broadcast) with an additional 2,980 online articles during its two month campaign : Jan 13-March 31, 2015

492 television clips with 40.5 million reach


APPENDIX ACADEMY BOARD OF DIRECTORS The Academy’s Board Members are from all areas of film, television and digital media. They are:

Martin Katz | Academy Chair | President, Prospero Pictures

Robin Mirsky | Academy Vice-Chair | Executive Director, Rogers Group of Funds

Anita McOuat CA, CPA | Treasurer | Partner, PwC

Barry Avrich | Partner BT/A and CEO, Melbar Entertainment Group

Julie Bristow | President & CEO, Bristow Global Media

Paul Bronfman |Chairman & CEO of Comweb Corp. and William F. White International Inc.

Don Carmody | President & Producer, Don Carmody Productions

Jennifer Dettman | Executive Director of Studio and Unscripted Content, CBC Jonas Diamond | Executive Producer, Smiley Guy Studios / CEO, iThentic

Anne Fitzgerald | Chief Legal Officer, Cineplex Entertainment

Harris Fricker | President & CEO, GMP Capital Inc.

Scott Henderson | VP Communications, Bell Media

Robert Lantos | Producer, Serendipity Point Films Inc.

Christine Shipton | Senior Vice President and Chief Creative Officer, Shaw Media Gary Slaight | President & CEO, Slaight Communications Inc. Mark Slone | Executive Vice President, Theatrical Distribution, Entertainment One Films Canada

John Young | Managing Director, Temple Street Productions

Special Advisor | Richard Speer, Chair, Academy in Québec | President, Attraction Group

QUEBEC BOARD OF DIRECTORS Richard Speer | Chair, Academy in Quebec, President and Founder of Attraction Group

Luc Déry | Vice-Chair Film, Producer micro_scope

Brigitte Lemonde | Vice-Chair Television, VP, Development, and Executive Producer, Zone3

Nadine Dufour | Vice-Chair Digital Media, Head of New Media and Web Producer, Groupe Pixcom

Bernard Grandmont | Treasurer, Partner, KPMG

André Béraud, Directeur, Dramatic Show and feature films, ICI Radio-Canada Télé

Carole Bonneau, VP, French programming for Télétoon, Télétoon Rétro, VP Acquisitions for Historia, Séries+, Télétoon and Télétoon Rétro

Nancy Charest, Producer, Pamplemousse Média

Serge Desrosiers, Producer and Director of Photography, Vital productions

Alexis Durand-Brault, Director and Director of Photography

Jacques Duval, President and CEO, Marketel

Jérôme Hellio, Consultant

Carole Laure, Actor, director and producer


Angélique Richer, Host and Content Producer

Pierre Rodrigue, VP, Communications, Marketing and Industry Relations, Bell Media

NATIONAL ADVISORY COUNCIL Martin Katz | NAC Chair, President, Prospero Pictures (ON)

Rob Blackie, Partner, Take the Shot Productions (NL)

Trish Dolman, President and Producer, Screen Siren Pictures Inc. (BC)

Michael Donovan, Executive Producer, Chairman & CEO, DHX Media Ltd.|Cofounder, Halifax Film a DHX Media Company (NS)

Krista Hurdon, Operations Manager |Representing IATSE (ON)

J. Joly, CEO / Founder, dimeRocker | Cinecoup (BC)

Phyllis Laing, President, Buffalo Gal Pictures (MB)

Michael MacLennan, Screenwriter | Representing WGC (ON)

David Paperny, President, Paperny Entertainment | Executive Producer | Documentary Filmmaker (BC)

Anand Ramayya, Owner, Karma Film INC. (SK)

Denise Robert, President and Producer, Cinémaginaire Inc. (QC)

Kari Skogland, Director | Representing DGC (ON)

Richard Speer, President, Attraction | Chair, Academy in Quebec (QC)

Theresa Tova, Actor | VP, Internal Affairs & National Treasurer, ACTRA (ON)

Jesse Wente, Director of Film Programmes, TIFF Bell Lightbox (ON)

GOVERNANCE COMMITTEES The Academy has five English-Language and two French-language Governance Committees which support and advise the Academy Board about the Canadian Screen Awards. Each committee is comprised of Canadians who are experts in their field.

FILM GOVERNANCE COMMITTEE Martin Katz | Governance Chair, President, Prospero Pictures Jonathan Ahee, President, NABET 700 CEP Tom Alexander, Director, Theatrical Releasing, Mongrel Media Luc Déry, Producer, micro_scope Steve Gravestock, Senior Programmer, Festival Programming, TIFF Patrice Lachance, Executive Director, ACCT Quebec Bureau Robert Lantos, Producer, Serendipity Point Films Inc. Michael MacLennan, Screenwriter representing WGC Robin Mirsky, Executive Director, Rogers Group of Funds Julia Neville, International Representative, IATSE Marc Séguin, SVP, Policy at the CMPA


Mark Slone, EVP, Theatrical Distribution, Entertainment One Films Canada Robin Smith, CEO, KinoSmith Tim Southam, President, Directors Guild of Canada Helga Stephenson, CEO, Academy Kevin Tierney, President, Park Ex Pictures Theresa Tova, Actor, VP, Internal Affairs & National Treasurer, ACTRA

DOCUMENTARY GOVERNANCE COMMITTEE Martin Katz | Governance Chair, President, Prospero Pictures Jennifer Baichwal, Filmmaker, Mercury Films Ed Barreveld, CEO, Storyline Entertainment Caroline Christie, Editor Judy Holm, Co-President, Markham Street Films Chris McDonald, President, Hot Docs Robin Mirsky, Executive Director, Rogers Group of Funds Nick de Pencier, Filmmaker, Mercury Films Helga Stephenson, CEO, Academy

TELEVISION GOVERNANCE COMMITTEE Martin Katz | Governance Chair, President, Prospero Pictures Jonathan Ahee, President, NABET 700 CEP Susan Alexander, Production Executive, Original Drama Content, Shaw Media Marla Boltman, General Counsel and Vice President, Legal & Business Affairs, CMPA Judy Chun, Legal Consultant at Canada Media Fund Ferne Downey, President, ACTRA National Jocelyn Hamilton, VP Programming & Original Productions, Corus Entertainment Scott Henderson, VP, Communications, Bell Media Robert Lang, President, Kensington Communications Michael MacLennan, Screenwriter, Representing WGC Robin Mirsky, Executive Director, Rogers Group of Funds Julia Neville, International Representative, IATSE Michael Serafini, Senior Director, Content Planning, CBC Television Tim Southam, President, Directors Guild of Canada Helga Stephenson, CEO, Academy John Weber, President, CEO, Take 5 Productions

DIGITAL MEDIA GOVERNANCE COMMITTEE Jonas Diamond, Owner, Smiley Guy Studios | CEO, iThentic Marcia Douglas, Program Manager, Bell Fund Devin Lengyel, Founder, Producer, Space Mop


James Milward, Founder, Producer, Online Creative Director, Secret Location Blair Powers, Partner, Executive Producer, Sinking Ship Entertainment Jarrett Sherman, President, Digital Howard

NEWS AND SPORTS GOVERNANCE COMMITTEE David Budge, GM, CityNews Toronto, Rogers Communications Ed Hall, Sportsnet Executive Producer of Production, Rogers Media Scott Henderson, VP Communications, Bell Media Anton Koschany, Executive Producer, W5 at CTV, Bell Media Mark Mietkiewicz, Senior Manager, Staff Development, CBC News Robin Mirsky, Executive Director, Rogers Group of Funds Trevor Pilling, Head of Programming, CBC Sports and Hockey Night in Canada Helga Stephenson, CEO, Academy Dave Trafford, News Director, Global News in Toronto, Shaw Media Ken Volden, VP & Executive Producer, News and Studio Production, Bell Media

FRENCH TELEVISION GOVERNANCE COMMITTEE FOR THE 29TH PRIX GÉMEAUX Sylvie Tremblay | Television Governance Chair; VP Productions, Executive Producer, Datsit Studios Louis Bolduc, Director Nathalie Brigitte Bustos, Director, Programming, Groupe V Media Annick Charrette, Multimedia Adviser, Télé-Québec Sylvie De Bellefeuille, Head, Original Productions, Canal D at Bell Media André Dupuy, Producer, Amalga Créations Médias Isabelle Langlois, Screenwriter Nathalie Moreau, Head, Promotion Television and Information, ICI Radio-Canada Ian Oliveri, Producer, InformAction Films and Luz Films Danielle Proulx, Actress

FRENCH DIGITAL MEDIA GOVERNANCE COMMITTEE FOR THE 29TH PRIX GÉMEAUX Nadine Dufour | Digital Media Governance Chair; Head of New Media and Web Producer, Pixcom Hélène Archambault, Head, Digital Media, Télé-Québec Judith Beauregard, Executive Producer, Toboggan Martin Céré, Senior Director, Head of Digital, RDS, Bell Media Sophie Dufort, Senior Director, Digital Media, Bell Media Caroline Gaudette, President, Productions Version 10 Jérôme Hellio, Digital Strategy and Interactive Media Consultant Micho Marquis-Rose, Director, Digital Media Strategy, Development and Production, Attraction Images


MEET THE STARS FANZONE | 2015 GUESTS Paul Amos, Lost Girl Claudio Aprile, Masterchef Canada Alexandra Beaton, The Next Step Greg Bryk, Bitten Enrico Colantoni, Remedy Randal Edwards, Package Deal Cara Gee, Strange Empire Jake Goodman, Max & Shred Jonny Gray, Max & Shred Lauren Hammersley, Mr. D Cheryl Hickey, ET Canada Ricardo Hoyos, Degrassi Atticus Mitchell, Young Drunk Punk Jon Montgomery, The Amazing Race Canada Annie Murphy, Schitt’s Creek Jon Pardy, Big Brother Canada 2 Brad Smith, Entertainment City Naomi Snieckus, Mr. D Charlie Storwick, Some Assembly Required Sara Waisglass, Degrassi Teddy Wilson, (Host) Innerspace Vinay Virmani, Dr. Cabbie Julia Voth, Package Deal

WOMEN WHO ACT with Patricia Rozema | 2015 GUESTS Patricia Rozema, Filmmaker, Mansfield Park Andrea Martin, Actress, My Big Fat Greek Wedding, Host, 2015 Canadian Screen Awards Ellen Page, Actress, Juno Tatiana Maslany, Actress, Orphan Black Sandra Oh, Actress, Grey’s Anatomy

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