SRG expects around 20 million francs less deficit
SRG's deficit for the current year is expected to be lower than budgeted. SRG currently anticipates a deficit of about 50 to 60 million Swiss francs for 2010, instead of the originally projected 75 million.
The main reason for this is the easing of the situation at the SRG pension fund, which reached a coverage ratio of 100 percent again at the end of 2009. The restructuring measures were therefore lifted at the beginning of April. In addition, SRG expects advertising revenues at the end of the year to be around CHF 5 to 7 million higher than expected. Last year's advertising income fell by 9 percent.
The deficit for 2011 is expected to amount to CHF 42 million.
www.sda.ch
The deficit for 2011 is expected to amount to CHF 42 million.
www.sda.ch
