Rogers 2012 Annual Report Download - page 25

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FINANCIAL SECTION CONTENTS
22 MANAGEMENT’S DISCUSSION AND ANALYSIS
23 Executive Summary
24 2012 Financial Highlights
24 Consolidated Operating Highlights and Other Significant
Developments in 2012
26 Corporate Overview
26 Our Business
28 Our Network Capabilities
29 Our Strategy
31 2012 Performance Against Targets
32 2013 Financial Outlook and Targets
32 Financial and Operating Results
33 Consolidated Financial Results
34 Segment Review
34 Wireless
38 Cable
41 RBS
43 Media
44 Corporate
45 Consolidated Analysis
47 Additions to PP&E
48 Employees
49 Summary of Quarterly Results and Key Performance
Indicators
51 Consolidated Liquidity and Financing
51 Liquidity and Capital Resources
54 Dividends on RCI Equity Securities
54 Interest Rate and Foreign Exchange Management
55 Outstanding Common Share Data
56 Commitments and Other Contractual Obligations
56 Off-Balance Sheet Arrangements
57 Operating Environment
57 Government Regulation and Regulatory Developments
58 Wireless Regulation and Regulatory Developments
59 Cable Regulation and Regulatory Developments
59 Media Regulation and Regulatory Developments
60 Competition in our Businesses
61 Corporate Governance
62 Corporate Social Responsibility
63 Enterprise Risk Management
63 Risks and Uncertainties Affecting Our Business
68 Accounting Policies
68 Critical Accounting Estimates
69 New Accounting Standards
70 Recent Accounting Pronouncements
71 Additional Financial Information
71 Related Party Transactions
72 Five-Year Summary of Consolidated Financial Results
73 Controls and Procedures
73 Key Performance Indicators and Non-GAAP Measures
77 Summary of Financial Results of Long-Term Debt
Guarantors
78 Glossary of Selected Terms
78 Glossary
81 MANAGEMENT’S RESPONSIBILITY FOR
FINANCIAL REPORTING
81 INDEPENDENT AUDITORS’ REPORT OF REGISTERED
PUBLIC ACCOUNTING FIRM
82 CONSOLIDATED STATEMENTS OF INCOME
83 CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
84 CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
85 CONSOLIDATED STATEMENTS OF CHANGES IN
SHAREHOLDERS’ EQUITY
86 CONSOLIDATED STATEMENTS OF CASH FLOWS
87 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
87 Note 1: Nature of the Business
87 Note 2: Significant Accounting Policies
94 Note 3: Segmented Information
95 Note 4: Operating Costs
95 Note 5: Finance Costs
95 Note 6: Discontinued Operations
95 Note 7: Business Combinations and Divestitures
96 Note 8: Integration, Restructuring and Acquisition Costs
97 Note 9: Income Taxes
98 Note 10: Earnings per Share
98 Note 11: Other Current Assets
98 Note 12: Property, Plant and Equipment
99 Note 13: Goodwill and Intangible Assets
101 Note 14: Investments
101 Note 15: Other Long-Term Assets
101 Note 16: Provisions
102 Note 17: Long-Term Debt
103 Note 18: Capital Risk Management
103 Note 19: Financial Risk Management and Financial
Instruments
107 Note 20: Other Long-Term Liabilities
107 Note 21: Pensions
109 Note 22: Shareholders’ Equity
110 Note 23: Stock Options, Share Units and Share Purchase Plans
111 Note 24: Related Party Transactions
112 Note 25: Guarantees
113 Note 26: Commitments and Contingent Liabilities
114 Note 27: Subsequent Events
116 CORPORATE AND SHAREHOLDER INFORMATION
2012 ANNUAL REPORT ROGERS COMMUNICATIONS INC. 21