Rogers 2006 Annual Report Download - page 5

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DELIVERING
RESULTS
Leverage top-line growth with scale efficiencies
and cost containment to deliver operating profit
growth in excess of revenue growth.
WHAT WE SAID:
Delivered 31% pro forma growth in operating profit with
a 428 basis point expansion in operating profit margins.
WHAT WE DID:
31%Operating
Profit Growth
Leverage networks, channels
and brand to drive 11%
pro forma revenue growth.
WHAT WE SAID:
Delivered 14% consolidated
pro forma revenue growth,
with each of Wireless,
Cable and Telecom, and
Media delivering
double-digit growth.
WHAT WE DID:
Continue to strengthen
balance sheet with reduction in
leverage to approximately 3.5 times
debt to operating profit.
WHAT WE SAID:
Reduced balance sheet leverage
to approximately 2.7 times debt
to operating profit with strong
operating profit growth and
debt repayments.
WHAT WE DID:
Significantly accelerate the
deployment of cable telephony
during 2006.
WHAT WE SAID:
Expanded coverage area from 81%
to 90% of cable territory and
grew base of cable telephony
subscribers sevenfold from
48,000 to 366,000.
WHAT WE DID:
41%
20062005
707500
RGUs
Deliver increased growth in cable
revenue generating units (“RGUs”).
WHAT WE SAID:
Cable RGU growth was up 41%
from 2005, led by increased
growth in cable telephony and
basic cable subscribers combined
with continued healthy Internet
and digital cable growth.
WHAT WE DID:
Modestly but consistently
increase dividends over time.
WHAT WE SAID:
Rogers more than
doubles
dividend
for 2007
WHAT WE DID:
200720062005
16¢7.5¢
DIVIDEND RATE
5¢
Drive increased wireless
postpaid ARPU while
continuing to reduce
postpaid churn.
WHAT WE SAID:
Postpaid wireless ARPU
grew by 5.8% while
postpaid churn reduced
from 1.6% to 1.3%.
WHAT WE DID:
ARPU
W5.8%
CHURN
U18%
7X
20062005
36648
CABLE TELEPHONY SUBSCRIBERS
(000s)
Debt Leverage
Reduced
30%
For a detailed discussion of our performance against targets, and our targets for 2007, please see the sections of our 2006 Annual MD&A later in
this report entitled 2006 Performance Against Targets and 2007 Financial and Operating Guidance.