Rogers 2007 Annual Report Download - page 82

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78 ROGERS COMMUNICATIONS INC. 2007 ANNUAL REPORT
CONSOLIDATED BALANCE SHEETS
(IN MILLIONS OF CANADIAN DOLLARS)
December 31, 2007 and 2006 2007 2006
Assets
Current assets:
Accounts receivable, net of allowance for doubtful accounts of $151 (2006 – $114) $ 1,245 $ 1,077
Other current assets (note 9) 304 270
Future income tax assets (note 7) 594 387
2,143 1,734
Property, plant and equipment (note 10) 7,289 6,732
Goodwill (note 11(a)) 3,027 2,779
Intangible assets (note 11(b)) 2,086 2,152
Investments (note 12) 485 139
Deferred charges (note 13) 111 118
Other long-term assets (note 14) 184 152
Future income tax assets (note 7) – 299
$ 15,325 $ 14,105
Liabilities and Shareholders’ Equity
Current liabilities:
Bank advances, arising from outstanding cheques $ 61 $ 19
Accounts payable and accrued liabilities 2,260 1,766
Current portion of long-term debt (note 15) 1 451
Current portion of derivative instruments (note 16(a)) 195 7
Unearned revenue 225 227
2,742 2,470
Long-term debt (note 15) 6,032 6,537
Derivative instruments (note 16(a)) 1,609 769
Future income tax liabilities (note 7) 104 –
Other long-term liabilities (note 17) 214 129
10,701 9,905
Shareholders’ equity (note 19) 4,624 4,200
$ 15,325 $ 14,105
Commitments (note 23)
Guarantees (note 24)
Contingent liabilities (note 25)
Canadian and United States accounting policy differences (note 26)
Subsequent events (notes 19(b), 25(a) and 27)
See accompanying notes to consolidated financial statements.
On behalf of the Board:
Edward “Ted” S. Rogers Ronald D. Besse
Director Director