Rogers 2005 Annual Report Download - page 102

Download and view the complete annual report

Please find page 102 of the 2005 Rogers annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 154

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154

December 31, 2005 and 2004 2 0 0 5 2 0 0 4
Assets
Current assets:
Cash and cash equivalents $ – $ 243,993
Accounts receivable, net of allowance for doubtful
accounts of $98,464 (2004 – $94,035) 890,701 673,936
Other current assets (note 4) 297,846 260,517
Future tax asset (note 14) 113,150 –
1,301,697 1,178,446
Property, plant and equipment (note 5) 6,151,526 5,486,837
Goodwill (note 6(a)) 3,035,787 3,388,687
Intangible assets (note 6(b)) 2,627,466 2,855,689
Investments (note 7) 138,212 139,170
Deferred charges (note 8) 129,119 134,466
Future tax asset (note 14) 347,252 –
Other long-term assets (note 9) 103,230 89,443
$ 13,834,289 $ 13,272,738
Liabilities and Shareholders’ Equity
Current liabilities:
Bank advances, arising from outstanding cheques $ 103,881 $ –
Accounts payable and accrued liabilities 1,411,045 1,428,296
Current portion of long-term debt (note 11) 286,139 618,236
Current portion of derivative instruments (note 12) 14,180 58,856
Unearned revenue 176,266 152,723
1,991,511 2,258,111
Long-term debt (notes 2(s)(i) and 11) 7,453,412 7,922,861
Derivative instruments (note 12) 787,369 641,545
Other long-term liabilities 74,382 64,887
10,306,674 10,887,404
Shareholders’ equity (notes 2(s)(i) and 13) 3,527,615 2,385,334
$ 13,834,289 $ 13,272,738
Commitments (note 20)
Guarantees (note 21)
Contingent liabilities (note 22)
Canadian and United States accounting policy differences (note 23)
Subsequent events (note 24)
See accompanying notes to consolidated financial statements.
On behalf of the Board:
Edward “Ted” S. Rogers Ronald D. Besse
Director Director
Consolidated Balance Sheets
(I N TH OU S AN DS O F DOL LA R S)
98
ROGERS 2005 ANNUAL REPORT . CONSOLIDATED FINANCIAL STATEMENTS