Rogers 2010 Annual Report Download - page 87

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
ROGERS COMMUNICATIONS INC. 2010 ANNUAL REPORT 91
2010 2009
Cable
Operations
Rogers
Business
Solutions
Rogers
Retail
Corporate
items and
eliminations
Total
Cable
Cable
Operations
Rogers
Business
Solutions
Rogers
Retail
Corporate
items and
eliminations
Total
Cable
Operating revenue $ 3,185 $ 560 $ 355 $ (48) $ 4,052 $ 3,074 $ 503 $ 399 $ (28) $ 3,948
Cost of sales – – 181 –181 – – 201 –201
Sales and marketing 222 40 179 –441 243 26 182 (5) 446
Operating, general
and administrative* 1,539 480 22 (48) 1,993 1,533 442 25 (23) 1,977
1,424 40 (27) –1,437 1,298 35 (9) –1,324
Settlement of pension obligations –––––10 – 1 – 11
Integration and restructuring 313 7 – 23 31 312 –46
Stock-based compensation
expense (recovery)* 7 – – – 7 (12) 1(1) –(12)
Adjustment for CRTC Part II
fees decision* –––––(46) –––(46)
Other items (net)* 7 – (2) – 5 –––––
$ 1,407 $ 27 $ (32) $ – $ 1,402 $ 1,315 $ 31 $ (21) $ – $ 1,325
Depreciation and amortization 807 808
Operating income $ 595 $ 517
Additions to PP&E $ 611 $ 38 $ 13 $ – $ 662 $ 642 $ 37 $ 14 $ – $ 693
Goodwill $ 992 $ 66 $ – $ – $ 1,058 $ 982 $ – $ – $ – $ 982
Total assets $ 4,102 $ 951 $ 175 $ 92 $ 5,320 $ 4,714 $ 482 $ 181 $ (322) $ 5,055
*Included with operating, general and administrative expenses in consolidated statements of income.
(B) PRODUCT REVENUE:
Revenue comprises the following:
2010 2009
Wireless:
Postpaid $ 6,272 $ 5,948
Prepaid 297 297
Network revenue 6,569 6,245
Equipment sales 399 409
6,968 6,654
Cable:
Cable Operations:
Television 1,830 1,780
Internet 848 781
Telephony 507 513
3,185 3,074
RBS 560 503
Rogers Retail 355 399
Intercompany eliminations (48) (28)
4,052 3,948
Media:
Advertising 772 674
Circulation and subscription 234 219
Retail 265 258
Sports Entertainment 155 181
Other 75 75
1,501 1,407
Corporate items and intercompany eliminations (335) (278)
$ 12,186 $ 11,731
In addition, Cable consists of the following reportable segments: