Cogeco 2013 Annual Report Download - page 56

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Consolidated financial statements COGECO CABLE INC. 2013 55
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
At August 31, 2013 2012
(In thousands of Canadian dollars) $$
Assets
Current
Cash and cash equivalents (note 18 B)) 39,575 215,391
Trade and other receivables (note 20 A)) 86,985 68,420
Income taxes receivable 16,935 12,407
Prepaid expenses and other 13,338 12,064
156,833 308,282
Non-current
Other assets (note 11) 10,472 6,413
Property, plant and equipment (note 12) 1,854,155 1,322,093
Intangible assets (note 13 A)) 1,910,993 1,039,982
Goodwill (note 13 B)) 1,192,015 210,442
Derivative financial instruments 833 —
Deferred tax assets (note 9) 127,796 20,867
5,253,097 2,908,079
Liabilities and Shareholders’ equity
Liabilities
Current
Bank indebtedness (note 15 A)) 13,166 —
Trade and other payables 261,115 220,386
Provisions (note 14) 12,550 10,317
Income tax liabilities 23,924 41,129
Deferred and prepaid revenue 55,079 41,456
Balance due on a business combination, bank prime rate plus 1% and paid in February 2013 and July 2013 —11,400
Current portion of long-term debt (note 15) 15,190 830
381,024 325,518
Non-current
Long-term debt (note 15) 2,877,075 1,036,202
Derivative financial instruments —11,668
Deferred and prepaid revenue and other liabilities 19,124 15,084
Pension plan liabilities and accrued employees benefits 7,275 12,454
Deferred tax liabilities (note 9) 624,507 318,722
3,909,005 1,719,648
Shareholders’ equity
Share capital (note 16 B)) 992,673 992,164
Share-based payment reserve 10,884 9,749
Accumulated other comprehensive income (note 17) 20,254 3,105
Retained earnings 320,281 183,413
1,344,092 1,188,431
5,253,097 2,908,079
Commitments, contingencies and guarantees (note 23)
On behalf of the Board of Directors,
Jan Peeters
Director L. G. Serge Gadbois
Director