1

840 US radio stations

175MM+ downloads

241MM listeners (all radio)

2

750K+ displays

over 50 countries

more than just billboards

multi-platform reach

3

modernizing clear channel

time to modernize SEC filing at clear channel

4

CIK Company State/Country

0001400891 CC Media Holdings Inc SIC: 4832 - RADIO BROADCASTING STATIONS formerly: BT Triple Crown Capital Holdings III, Inc. (filings through 2007-07-09) C C Media Holdings Inc (filings through 2009-07-17)

TX

0001457737 Clear Channel Capital I, LLC SIC: 4813 - TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE)

TX

0001334978 Clear Channel Outdoor Holdings, Inc. SIC: 7310 - SERVICES-ADVERTISING

TX

0000739708 CLEAR CHANNEL COMMUNICATIONS INC SIC: 4832 - RADIO BROADCASTING STATIONS

TX

4x the fun…

our adventure begins…

5

in the thick of it…

internalprocess

technology

XBRL tagging and taxonomy

SEC self-filing process

more than tools

6

further confirmation

rising with the challenges

7

in retrospect….

current overall solution

BI

Summary Financial Data(Actual, Budget, Forecast)

GL Detail from MS

AX Countries

Summary Data from

Non-MS AX GLs

CCOA and CCME

SummaryFinancial Data

(Actual)

Business Viewpoint(Mappings and Hierarchies)

FSR

Controller(CCUS)

TM1Close

Analytics

TM1Plan, Budget,

Forecast

IBM Cognos Products

Other Vendor Products

Operational Data Store & EDW Controller (CCI)

Feeder Systems:PeopleSoft and Other GL Systems, BoB, Ratings, Rates, Occupancy, etc.

8

current SEC filing solution

Controller(CCUS)

TM1Close

Analytics

Core FSR

XBRL

EDGAREngine

FSRVariance Commentary

MD&AStory

Supplemental Data

Consolidated Financial Data

SEC Filing

9

roadmap

Controller(CCUS)

TM1Close

Analytics

Core CDM

XBRL

EDGAREngine

CDMVariance Commentary

MD&AStory

Less Excel Supplemental Data

Consolidated Financial Data

Supplemental Data

FAP

SEC Filing

Management DocumentReporting

4 key take-aways

chewable chunks

more than tools

persist through adversity

kaizen culture

10

one last thing…

11

don‘t forget to download

Thank You!

Vision2013Drive Growth. Manage Risk. Optimize Performance.

May 19-22, 2013 l JW Marriott Grande Lakes, Orlando, Florida

Preliminary Conference Guide

21

ibm.com/software/analytics/vision

Financial Governance and Disclosure Management

1047Data Collection with IBM Cognos TM1 for Real-time Disclosure Management at PNC Bank

Speaker(s): Ellen Considder, PNC Bank; Jade Cole, AppVine

At PNC Bank, the process of collecting data for disclosures was manually intensive, with almost 100 separate data sources. Already a user of IBM Cognos Financial Statement Reporting (FSR), PNC struggled with the common problem of relying on multiple spreadsheets for data collection and input in a SOX-compliant environment. So, PNC began implementing IBM Cognos TM1 as a pilot project for data collection, aggregation and analysis, targeting specific footnote disclosures. In this session, PNC will discuss the selection criteria they used when looking for a data collection solution, including how the requirements were gathered, the evaluation criteria and the implementation methodology that was adopted.

Session Type: Product Level: Intermediate

1074XBRL Best Practices in IBM Cognos Financial Statement Reporting (FSR)

Speaker(s): Rohit Dhumal, IBM

Join this session, led by IBM Lab Services, to learn about the best practices that leading organizations use in their disclosure management processes. You’ll hear about using IBM Cognos Financial Statement Reporting (FSR) to comply with SEC guidelines for filing XBRL reports successfully - with minimal filing errors and less maintenance every quarter. You’ll also learn how you can use Cognos FSR to negate values or change the polarity of values—a major area of concern for the SEC.

Session Type: Best Practices Level: Intermediate

1078Clear Channel Communications Takes Control of its Financial Close Management with IBM

Speaker(s): Kevin Wherry, Clear Channel; Anthony D’Ugo, Deloitte & Touche LLP

Today, organizations that outsource their financial statement regulatory filings and XBRL submissions are at the mercy of their service providers to meet regulatory deadlines. The more entities that are involved and the greater the extent of the disclosures, the greater the likelihood of a misstep. Come to this session to learn how Clear Channel Communications sends data from IBM Cognos Controller flowing into IBM Cognos Financial Statement Reporting (FSR) as part of an integrated financial close management solution. You’ll also hear about the Cognos FSR EDGAR engine, and about the benefits that Clear Channel realized from their external disclosure management modernization initiative.

Session Type: Product Level: Intermediate

1079Modernizing Finance at Clear Channel Communications

Speaker(s): Brandon Turner, Clear Channel; Anthony D’Ugo, Deloitte and Touche LLP

Faced with a processing, data, systems and talent crunch, executives at Clear Channel Communications charted a path forward to modernize their finance analytics capabilities. Too often, organizations fall into a systems-led approach and constrain their ability to realize true business value even before they start. At this session, you’ll learn the strategies and techniques that Clear Channel used to successfully implement IBM Cognos Business Viewpoint, IBM Cognos TM1, IBM Cognos Business Intelligence, IBM Cognos Controller, and IBM Cognos Financial Statement Reporting (FSR). This project is an ideal example of modernizing finance analytics capabilities using a business-led and technology enabled approach.

Session Type: Product Level: Intermediate