Rogers 2007 Annual Report Download - page 2

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ROGERS COMMUNICATIONS INC. AT A GLANCE
DELIVERING RESULTS IN 2007
What We Said: Leverage networks,
channels and brand to deliver 10%
to 13% revenue growth.
What We Did: 15% consolidated
revenue growth with Wireless and
Cable growing at double-digit rates.
What We Said: Leverage top-line
growth with scale and cost efficien-
cies to drive adjusted operating profit
growth in excess of revenue growth.
What We Did: 26% consolidated
adjusted operating profit growth with
330 basis point margin expansion.
What We Said: Increase dividends
consistently over time.
What We Did: Rogers more than
triples dividend in 2007.
What We Said: Continue to strength-
en balance sheet with reduction in
debt to operating profit ratio.
What We Did: Achieved investment
grade ratings and deleveraged to
2.1 times debt to operating profit.
What We Said: Continued strong
wireless subscriber growth with a
focus on postpaid customers.
What We Did: Delivered 118% of 2007
subscriber guidance with 89% of net
additions being postpaid.
What We Said: Industry-leading
wireless data growth to support
continued ARPU expansion.
What We Did: 49% wireless data
revenue growth with data as a per-
cent of network revenue expanding
to 13.2% from 10.6% in 2006.
What We Said: Continued rapid
growth of cable telephony
during 2007.
What We Did: Expanded coverage
area to 94% of cable territory
and grew subscriber base 79%
to 655,800.
What We Said: Deliver continued
solid cable revenue generating unit
(“RGU”) growth.
What We Did: Cable RGUs up 654,800
or 13% with solid growth in cable
telephony, Internet and digital cable
subscribers.
15% 22%
Revenue
Growth
Debt
Leverage
Reduction
FINANCIAL HIGHLIGHTS
(In millions of dollars, except per share data) 2007 2006 2005 2004 2003
Revenue $ 10,123 $ 8,838 $ 7,334 $ 5,514 $ 4,736
Adjusted operating profit 3,703 2,942 2,252 1,752 1,446
Adjusted operating profit margin 37% 33% 31% 32% 31%
Net income (loss) 637 622 (45) (68) 76
Basic earnings (loss) per share 1.00 0.99 (0.08) (0.14) 0.17
Annual dividend rate at year-end 0.50 0.16 0.075 0.05 –
Total assets 15,325 14,105 13,834 13,273 8,465
Long-term debt (includes current portion) 6,033 6,988 7,739 8,542 5,440
Shareholders‘ equity 4,624 4,200 3,528 2,385 1,297
TOTAL SHAREHOLDER RETURN
ONE-YEAR TOTAL RETURN: 2007 FIVE-YEAR TOTAL RETURN: 2003–2007
S&P 500S&P/TSX
COMPOSITE
RCI.B.TO
6%10%31%
S&P 500S&P/TSX
COMPOSITE
RCI.B.TO
83%132%529%
TSX TELECOM
INDEX
N.A. TELECOM
INDEX
17%
TSX TELECOM
INDEX
N.A. TELECOM
INDEX
151%
5% 120%
For a detailed discussion of our financial and operating metrics, and results, please see the accompanying 2007 MD&A later in this report.
26% Adjusted
Operating
Profit
Growth
89%Postpaid
Wireless
Additions 49%Wireless
Data Revenue
Growth
213% Dividend
Increase
13% Cable
RGU
Growth
79% Cable
Telephony
Sub Growth