ITV has reported a 14% fall in annual pre-tax profits to £553m as advertising revenues declined by 3%.
The UK's biggest commercial broadcaster said it continued to rebalance and strengthen the business and blamed "wider political and economic uncertainty" for advertising falls.
It hailed a 13% increase in revenue from the ITV Studios division.
Underlying pre-tax profit was up slightly on the year, from £843m to £847m.
Total viewing across its channels rose by 1% last year, with the share for the main ITV channel increasing from 15% to 15.4%.