Rogers 2013 Annual Report Download - page 93

Download and view the complete annual report

Please find page 93 of the 2013 Rogers annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 132

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132

CONSOLIDATED FINANCIAL STATEMENTS
Consolidated Statements of Income
(In millions of Canadian dollars, except per share amounts)
Years ended December 31 Note 2013 2012
Operating revenue 3$ 12,706 $ 12,486
Operating expenses:
Operating costs 47,797 7,729
Restructuring, acquisition and other expenses 885 92
Depreciation and amortization 12, 13 1,898 1,819
Impairment of assets 13 –80
Operating income 2,926 2,766
Finance costs 5(742) (671)
Other income 7, 14, 25 81 250
Income before income taxes 2,265 2,345
Income tax expense 9(596) (620)
Net income from continuing operations 1,669 1,725
Loss from discontinued operations, net of tax 6–(32)
Net income for the year $ 1,669 $ 1,693
Earnings per share – basic:
Earnings per share from continuing operations 10 $ 3.24 $ 3.32
Loss per share from discontinued operations 10 –(0.06)
Earnings per share – basic $ 3.24 $ 3.26
Earnings per share – diluted:
Earnings per share from continuing operations 10 $ 3.22 $ 3.30
Loss per share from discontinued operations 10 –(0.06)
Earnings per share – diluted $ 3.22 $ 3.24
The accompanying notes are an integral part of the consolidated financial statements.
2013 ANNUAL REPORT ROGERS COMMUNICATIONS INC. 89