Rogers 2014 Annual Report Download - page 97

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Notes to Consolidated Financial Statements
We, us, our, Rogers, Rogers Communications and the Company refer to Rogers Communications Inc. and our subsidiaries. RCI refers to the legal
entity Rogers Communications Inc., not including our subsidiaries. RCI also holds interests in various investments and ventures.
Page Note Page Note
93 Note 1: Nature of the Business 116 Note 17: Investments
94 Note 2: Significant Accounting Policies 116 Note 18: Other Long-Term Assets
102 Note 3: Capital Risk Management 117 Note 19: Short-Term Borrowings
103 Note 4: Segmented Information 117 Note 20: Provisions
104 Note 5: Operating Revenue 118 Note 21: Long-Term Debt
104 Note 6: Operating Costs 120 Note 22: Other Long-Term Liabilities
104 Note 7: Property, Plant and Equipment 120 Note 23: Post-Employment Benefits
105 Note 8: Intangible Assets and Goodwill 123 Note 24: Shareholders’ Equity
107 Note 9: Restructuring, Acquisition and Other 124 Note 25: Stock-Based Compensation
107 Note 10: Finance Costs 125 Note 26: Business Combinations
107 Note 11: Other Expense (Income) 127 Note 27: Related Party Transactions
108 Note 12: Income Taxes 128 Note 28: Guarantees
109 Note 13: Earnings Per Share 128 Note 29: Commitments and Contingent Liabilities
109 Note 14: Accounts Receivable 130 Note 30: Supplemental Cash Flow Information
109 Note 15: Inventories 130 Note 31: Subsequent Events
110 Note 16: Financial Risk Management and Financial
Instruments
NOTE 1: NATURE OF THE BUSINESS
Rogers Communications Inc. is a diversified Canadian communications
and media group. Substantially all of our operations and sales are in
Canada. RCI is incorporated in Canada and its registered office is
located at 333 Bloor Street East, Toronto, Ontario, M4W 1G9. RCI’s
shares are publicly traded on the Toronto Stock Exchange (TSX: RCI.A
and RCI.B) and on the New York Stock Exchange (NYSE: RCI).
We report our results of operations in four segments. Each segment
andthenatureofitsbusinessisasfollows:
Segment Principal activities
Wireless Wireless telecommunications operations
for Canadian consumers and businesses
Cable Cable telecommunications operations,
including Internet, television and telephony
(phone) for Canadian consumers and
businesses
Business Solutions Network connectivity through our fibre
network and data centre assets to support a
range of voice, data, networking, hosting
and cloud-based services for small,
medium and large Canadian businesses,
governments, and on a wholesale basis to
other telecommunications providers
Media A diversified portfolio of media properties,
including television and radio
broadcasting, specialty channels, digital
media, multi-platform shopping, publishing
and sports media and entertainment
Wireless, Cable and Business Solutions are operated by our wholly
owned subsidiary Rogers Communications Partnership (RCP) and
certain other wholly owned subsidiaries. Media is operated by our
wholly owned subsidiary Rogers Media Inc. and its subsidiaries.
See note 4 for more information about our reportable operating
segments.
STATEMENT OF COMPLIANCE
We prepared our consolidated financial statements according to
International Financial Reporting Standards (IFRS) as issued by the
International Accounting Standards Board (IASB). Our Board of
Directors authorized for issue the consolidated financial statements for
the years ended December 31, 2014 and 2013 on February 13, 2015.
2014 ANNUAL REPORT ROGERS COMMUNICATIONS INC. 93