Rogers 2005 Annual Report Download - page 138

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134 ROGERS 2005 ANNUAL REPORT . NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Corporate
items and Consolidated
2004 Wireless Cable Media eliminations Total
Operating revenue $ 2,783,525 $ 1,945,655 $ 956,962 $ (77,893) $ 5,608,249
Cost of sales 509,540 145,936 142,381 – 797,857
Sales and marketing expenses 444,379 248,754 190,489 – 883,622
Operating, general and administrative expenses 874,800 842,306 508,720 (37,612) 2,188,214
Integration expenses 4,415 – – – 4,415
Management fees 11,675 38,913 13,661 (64,249) –
Depreciation and amortization 497,674 486,038 67,342 41,497 1,092,551
Operating income (loss) 441,042 183,708 34,369 (17,529) 641,590
Interest on long-term debt (219,366) (247,365) (14,043) (95,224) (575,998)
Intercompany:
Interest expense (7,196) (552) (42,225) 49,973 –
Dividends – – 42,915 (42,915) –
Loss on repayment of long-term debt (2,313) (18,013) – (7,884) (28,210)
Change in fair value of derivative instruments (7,796) 34,570 – – 26,774
Foreign exchange gain (loss) (46,714) (41,089) (154) 20,402 (67,555)
Investment and other income (expense) 7,939 (872) (19,522) 31,740 19,285
Income tax reduction (expense) (6,487) (1,196) (2,606) 6,842 (3,447)
Non-controlling interest – – – (79,581) (79,581)
Net income (loss) for the year $ 159,109 $ (90,809) $ (1,266) $ (134,176) $ (67,142)
Additions to PP&E $ 439,157 $ 587,906 $ 20,322 $ 7,553 $ 1,054,938
Goodwill acquired/adjustments (note 6(a)) $ 1,360,746 $ – $ 148,530 $ (12,225) $ 1,497,051
Goodwill $ 1,739,465 $ 926,445 $ 720,229 $ 2,548 $ 3,388,687
Identifiable assets $ 5,054,803 $ 3,861,925 $ 1,224,559 $ 3,131,451 $ 13,272,738
(b ) PR O DU C T R E VE N UE:
Revenue from external customers is comprised of the following:
2005 2004
Wireless:
Post-paid (voice and data) $ 3,383,444 $ 2,361,128
Prepaid 209,588 116,658
One-way messaging 19,628 24,480
Equipment sales 393,998 281,259
4,006,658 2,783,525
Cable:
Cable 1,298,956 1,253,053
Internet 440,664 378,912
Rogers Home Phone 4,938 –
Video store operations 326,926 316,954
Intercompany eliminations (3,751) (3,264)
2,067,733 1,945,655
Media:
Advertising 503,948 470,768
Circulation and subscription 137,247 126,852
Retail 251,792 230,865
Other 55,496 71,278
Blue Jays 148,693 57,199
1,097,176 956,962
Telecom:
Consumer 149,010 –
Business 274,880 –
423,890 –
Corporate items and intercompany eliminations (113,303) (77,893)
$ 7,482,154 $ 5,608,249