Cogeco 2004 Annual Report Download - page 2

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PROFILE
COGECO CABLE IS A CABLE TELEVISION COMPANY WITH SHARES LISTED ON THE TORONTO STOCK EXCHANGE UNDER THE SYMBOL CCA.SV.
COGECO CABLE IS EVOLVING INTO ONE OF CANADA’S MAJOR TELECOMMUNICATIONS COMPANIES, BY BUILDING ON ITS CABLE
DISTRIBUTION BASE WITH THE OFFERING OF ANALOG, DIGITAL AND HIGH-SPEED INTERNET SERVICES.
COGECO CABLE PROVIDES 1,277,317 REVENUE GENERATING UNITS TO THE 1,423,256 HOUSEHOLDS PASSED BY ITS CABLE NETWORK IN
THE TERRITORIES IT SERVES. IT IS THE SECOND LARGEST CABLE SYSTEM OPERATOR IN BOTH ONTARIO AND QUÉBEC AND THE FOURTH
LARGEST IN CANADA.
COGECO CABLE FOCUSES ITS ATTENTION ON THE SATISFACTION OF CUSTOMERS’ VARIED ELECTRONIC COMMUNICATION NEEDS BY
INVESTING IN STATE-OF-THE-ART BROADBAND NETWORK FACILITIES, DELIVERING A WIDE RANGE OF SERVICES OVER THESE FACILITIES
WITH GREAT SPEED AND RELIABILITY AT ATTRACTIVE PRICES, AND STRIVING TO PROVIDE BOTH SUPERIOR CUSTOMER CARE AND
GROWING PROFITABILITY.
CONTENTS
FINANCIAL HIGHLIGHTS 1
MESSAGE TO SHAREHOLDERS 2
MANAGEMENT’S DISCUSSION
AND ANALYSIS 5
CONSOLIDATED FINANCIAL STATEMENTS 26
NOTES TO THE CONSOLIDATED
FINANCIAL STATEMENTS 30
THREE-YEAR FINANCIAL HIGHLIGHTS 50
INVESTOR INFORMATION 51
TRADING STATISTICS 52
CUSTOMER STATISTICS 53
BOARD OF DIRECTORS
AND CORPORATE MANAGEMENT 54
OPERATIONS AND CORPORATE INFORMATION 55
GLOSSARY
Digital services: digital video services
DVR: digital video recorder (same as Personal Video
Recorder or PVR)
HD: high-definition
HSI: high-speed Internet services
HSI Lite: high-speed Internet service with download speed
of up to 150 Kbps
HSI Pro: high-speed Internet service with download speed
of up to 10 Mbps
HSI Regular: high-speed Internet service with download
speed of up to 6 Mbps
RGU (revenue-generating units): includes basic-service,
HSI-service and digital-service customers
SVOD: subscription video-on-demand services
VOD: video-on-demand services
VoIP: voice over Internet Protocol (IP)