Cogeco 2010 Annual Report Download - page 48

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Consolidated Financial Statements COGECO CABLE INC. 2010 47
Consolidated balance sheets
A
s at August 31, 2010 2009
(In thousands of dollars) $ $
(restated)
Assets
Current
Cash and cash equivalents (note 16 C)) 35,842 39,458
Accounts receivable 67,064 60,051
Income taxes receivable 44,800 4,700
Prepaid expenses and other 13,669 14,337
Future income tax assets (note 8) 6,133 4,275
167,508 122,821
Fixed assets (note 10) 1,325,077 1,302,238
Deferred charges (note 11) 26,974 24,052
Intangible assets (note 12) 1,017,658 1,022,434
Goodwill (note 12) 144,695 153,695
Derivative financial instruments 5,085 4,236
Future income tax assets (note 8) 15,822 1,436
2,702,819 2,630,912
Liabilities and shareholders’ equity
Liabilities
Current
Accounts payable and accrued liabilities 235,087 244,173
Income tax liabilities 558 41,020
Deferred and prepaid revenue 45,602 33,877
Derivative financial instrument 1,189 –
Current portion of long-term debt (note 13) 2,296 44,674
Future income tax liabilities (note 8) 78,267 –
362,999 363,744
Long-term debt (note 13) 952,687 1,009,788
Derivative financial instrument –2,168
Deferred and prepaid revenue and other liabilities 12,234 12,900
Pension plans liabilities and accrued employee benefits (note 17) 3,624 3,113
Future income tax liabilities (note 8) 234,974 231,815
1,566,518 1,623,528
Commitments, contingencies and guarantees (note 19)
Shareholders’ equity
Capital stock (note 14) 988,830 990,061
Contributed surplus 6,087 4,849
Retained earnings (deficit) 123,025 (7,107)
A
ccumulated other comprehensive income (note 15) 18,359 19,581
1,136,301 1,007,384
2,702,819 2,630,912
On behalf of the Board of Directors,
Jan Peeters
Director
L. G. Serge Gadbois
Director