Rogers 2009 Annual Report Download - page 13

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ROGERS COMMUNICATIONS INC. 2009 ANNUAL REPORT 17
18 MANAGEMENT’S DISCUSSION AND ANALYSIS
Corporate Overview
19 Our Business
20 Our Strategy
20 Acquisitions
20 Consolidated Financial and Operating Results
23 2010 Financial and Operating Guidance
Segment Review and Reconciliation to Net Income
24 Wireless
31 Cable
40 Media
42 Reconciliation of Net Income to Operating Profit
Consolidated Liquidity and Financing
45 Liquidity and Capital Resources
48 Interest Rate and Foreign Exchange Management
50 Outstanding Common Share Data
50 Dividends on RCI Equity Securities
51 Commitments and Other Contractual Obligations
52 Off-Balance Sheet Arrangements
Operating Environment
52 Government Regulation and
Regulatory Developments
55 Cable Regulation and Regulatory Developments
57 Media Regulation and Regulatory Developments
57 Competition in our Businesses
59 Risks and Uncertainties Affecting our Businesses
Accounting Policies and Non-GAAP Measures
65 Key Performance Indicators and
Non-GAAP Measures
66 Critical Accounting Policies
67 Critical Accounting Estimates
70 New Accounting Standards
70 Recent Canadian Accounting Pronouncements
74 U.S. GAAP Differences
Additional Financial Information
74 Related Party Transactions
75 Five-Year Summary of Consolidated Financial Results
76 Summary of Seasonality and Quarterly Results
78 Summary Financial Results of Long-Term Debt Guarantors
79 Controls and Procedures
80 Supplementary Information: Non-GAAP Calculations
FINANCIAL SECTION CONTENTS
82 MANAGEMENT’S RESPONSIBILITY FOR
FINANCIAL REPORTING
82 AUDITORS’ REPORT TO THE SHAREHOLDERS
83 CONSOLIDATED STATEMENTS OF INCOME
84 CONSOLIDATED BALANCE SHEETS
85 CONSOLIDATED STATEMENTS OF
SHAREHOLDERS’ EQUITY
86 CONSOLIDATED STATEMENTS OF
COMPREHENSIVE INCOME
87 CONSOLIDATED STATEMENTS OF CASH FLOWS
88 NOTES TO CONSOLIDATED FINANCIAL
STATEMENTS
88 Note 1: Nature of the Business
88 Note 2: Significant Accounting Policies
94 Note 3: Segmented Information
96 Note 4: Business Combinations and Divestitures
98 Note 5: Investment in Joint Ventures
98 Note 6: Integration and Restructuring Expenses
99 Note 7: Income Taxes
100 Note 8: Net Income Per Share
100 Note 9: Other Current Assets
101 Note 10: Property, Plant and Equipment
101 Note 11: Goodwill and Intangible Assets
103 Note 12: Investments
104 Note 13: Other Long-Term Assets
105 Note 14: Long-Term Debt
107 Note 15: Financial Risk Management and
Financial Instruments
112 Note 16: Other Long-Term Liabilities
113 Note 17: Pensions
116 Note 18: Shareholders’ Equity
117 Note 19: Stock-Based Compensation
119 Note 20: Consolidated Statements of Cash Flows
and Supplemental Information
120 Note 21: Capital Risk Management
120 Note 22: Related Party Transactions
121 Note 23: Commitments
122 Note 24: Contingent Liabilities
123 Note 25: Canadian and United States
Accounting Policy Differences
127 Note 26: Subsequent Events
128 CORPORATE GOVERANCE
130 DIRECTORS AND SENIOR CORPORATE OFFICERS
132 CORPORATE AND SHAREHOLDER INFORMATION