Rogers 2007 Annual Report Download - page 76

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72 ROGERS COMMUNICATIONS INC. 2007 ANNUAL REPORT
MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
no other changes in our internal controls over financial reporting
during 2007 that have materially affected, or are reasonably likely to
materially affect, our internal controls over financial reporting.
Changes in Internal Control Over Financial Reporting and
Disclosure Controls and Procedures
During the last fiscal quarter, the Company outsourced its payroll
processing, which materially affected the Company’s internal control
over financial reporting. Other than this change, there have been
SUPPLEMENTARY INFORMATION: NON-GAAP CALCULATIONS
Operating Profit Margin Calculations
Years ended December 31,
(In millions of dollars) 2007 2006
RCI:
Adjusted operating profit $ 3,703 $ 2,942
Divided by total revenue 10,123 8,838
RCI adjusted operating profit margin 36.6% 33.3%
WIRELESS:
Adjusted operating profit $ 2,589 $ 1,987
Divided by network revenue 5,154 4,313
Wireless adjusted operating profit margin 50.2% 46.1%
CABLE:
Cable Operations:
Adjusted operating profit $ 1,008 $ 854
Divided by revenue 2,603 2,299
Cable Operations adjusted operating profit margin 38.7% 37.1%
Rogers Business Solutions:
Adjusted operating profit $ 12 $ 49
Divided by revenue 571 596
Rogers Business Solutions adjusted operating profit margin 2.1% 8.2%
Rogers Retail:
Adjusted operating profit (loss) $ (4) $ 13
Divided by revenue 393 310
Rogers Retail adjusted operating profit (loss) margin (1.0%) 4.2%
MEDIA:
Adjusted operating profit $ 176 $ 156
Divided by revenue 1,317 1,210
Media adjusted operating profit margin 13.4% 12.9%