Rogers 2012 Annual Report Download - page 81

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MANAGEMENT’S DISCUSSION AND ANALYSIS
SUMMARY OF FINANCIAL RESULTS OF LONG-TERM
DEBT GUARANTORS
Our outstanding public debt, $2.0 billion bank credit facility and
Derivatives are unsecured obligations of RCI, as obligor, and RCP, as
co-obligor or guarantor, as applicable.
The following table sets forth the selected unaudited consolidating
summary financial information for RCI for the periods identified
below, presented with a separate column for (i) RCI; (ii) RCP; (iii) our
non-guarantor subsidiaries (“Other Subsidiaries”) on a combined
basis; (iv) consolidating adjustments; and (v) the total consolidated
amounts.
Years ended December 31 (unaudited)
RCI (1)(2) RCP (1)(2)
Other
Subsidiaries(2)
Consolidating
Adjustments (2)
Total Consolidated
Amounts
(In millions of dollars) Dec. 31
2012 Dec. 31
2011 Dec. 31
2012 Dec. 31
2011 Dec. 31
2012 Dec. 31
2011 Dec. 31
2012 Dec. 31
2011 Dec. 31
2012 Dec. 31
2011
Statement of Income Data:
Revenue $5$ 105 $ 10,970 $ 10,819 $ 1,666 $ 1,674 $ (155) $ (252) $ 12,486 $ 12,346
Operating income (loss) (166) (169) 2,959 2,995 44 107 (71) (68) 2,766 2,865
Net income (loss) 1,700 1,563 2,929 2,920 778 861 (3,707) (3,781) 1,700 1,563
As at period end December 31 (unaudited)
RCI (1)(2) RCP (1)(2)
Other
Subsidiaries(2)
Consolidating
Adjustments (2)
Total Consolidated
Amounts
(In millions of dollars)
Dec. 31
2012
Dec. 31
2011
Dec. 31
2012
Dec. 31
2011
Dec. 31
2012
Dec. 31
2011
Dec. 31
2012
Dec. 31
2011
Dec. 31
2012
Dec. 31
2011
Balance Sheet Data (at
period end):
Current assets $ 1,682 $ 710 $ 8,209 $ 5,288 $ 1,905 $ 1,608 $ (9,575) $ (5,694) $ 2,221 $ 1,912
Non-current assets 27,388 23,383 12,232 11,350 6,642 5,681 (28,865) (23,964) 17,397 16,450
Current liabilities 9,717 5,538 2,776 1,834 1,129 868 (10,620) (5,691) 3,002 2,549
Non-current liabilities 12,082 11,640 438 259 179 188 149 154 12,848 12,241
(1) For the purposes of this table, investments in subsidiary companies are accounted for by the equity method.
(2) Amounts recorded in current liabilities and non-current liabilities for RCP do not include any obligations arising as a result of being a guarantor or co-obligor, as the case may
be, under any of RCI’s long-term debt.
2012 ANNUAL REPORT ROGERS COMMUNICATIONS INC. 77