Rogers 2011 Annual Report Download - page 98
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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Reconciliation of comprehensive income for the year ended December 31, 2010:
Canadian
GAAP
Reclassification
for IFRS
presentation Note Adjustment Note IFRS
Operating revenue $ 12,186 $ (41) (f) $ (3) (d) $ 12,142
Operating expenses:
Operating costs 7,594 (19) (f) (4) (b),(c),(h) 7,571
Integration, restructuring and acquisition costs 40 – – 40
Depreciation and amortization 1,645 (12) (f) 6 (e),(f) 1,639
Impairment of assets 6 – 5 (l) 11
Operating income 2,901 (10) (10) 2,881
Finance costs (762) – (6) (e),(g),(j) (768)
Other income (expense), net (1) – – (1)
Share of the income (loss) of associates and joint ventures accounted
for using the equity method, net of tax – 10 (f) (8) (h) 2
Income before income taxes 2,138 – (24) 2,114
Income tax expense 610 – 2 (m) 612
Net income for the year 1,528 – (26) 1,502
Other comprehensive income (loss):
Defined benefit pension plans:
Actuarial gain (loss) – – (80) (b) (80)
Related income tax recovery – – 21 (m) 21
– – (59) (59)
Change in fair value of available-for-sale investments:
Increase (decrease) in fair value 104 – (2) (i) 102
Related income tax expense (13) – – (13)
91 – (2) 89
Cash flow hedging derivative instruments:
Change in fair value of derivative instruments (227) – 6 (j) (221)
Reclassification to net income for foreign exchange gain on long-
term debt 264 – – 264
Reclassification to net income of accrued interest 97 – – 97
Related income tax expense (24) – (1) (m) (25)
110 – 5 115
Other comprehensive income for the year 201 – (56) 145
Comprehensive income for the year $ 1,729 $ – $ (82) $ 1,647
94 ROGERS COMMUNICATIONS INC. 2011 ANNUAL REPORT