Asia Pay TV Trust 1QFY2014

Subscribers                                                       ARPU (TWD)
Basic Cable TV                        756K               538
Premium Cable TV                  126K               200
Broadband                                181K               527

Revenue                           $77,204K
APTT EBITDA               $49,771K
 Nett Assets                     $1,253,163K
NAV                                87 cents
Total Borrowings            $942m
Total Interest Rate Cost  4%
Gearing                            39.5%
Interest Cover                  4
Gross Debt/EBITDA       4.8X