Rogers 2015 Annual Report Download - page 125

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
EXPLANATORY INFORMATION
(In millions of dollars)
Decommissioning
Liabilities Other Total
December 31, 2014 33 29 62
Additions 8 – 8
Adjustments to existing provisions 2 – 2
Reversals – (5) (5)
Amounts used (3) (4) (7)
December 31, 2015 40 20 60
Current 10 – 10
Long-term 30 20 50
Cash outflows associated with our decommissioning liabilities are
generally expected to occur at the decommissioning dates of the
assets to which they relate, which are long-term in nature. The
timing and extent of restoration work that will be ultimately
required for these sites is uncertain.
Other provisions include various legal claims, which are expected
to be settled within five years.
NOTE 21: LONG-TERM DEBT
As at December 31
(In millions of dollars, except interest rates)
Due
date
Principal
amount
Interest
rate 2015 2014
Bank credit facilities Floating 500 –
Senior notes 12015 US 550 7.500% –638
Senior notes 22015 US 280 6.750% –325
Senior notes 2016 1,000 5.800% 1,000 1,000
Senior notes 2017 500 3.000% 500 500
Senior notes 2017 250 Floating 250 250
Senior notes 2018 US 1,400 6.800% 1,938 1,624
Senior notes 2019 400 2.800% 400 400
Senior notes 2019 500 5.380% 500 500
Senior notes 2020 900 4.700% 900 900
Senior notes 2021 1,450 5.340% 1,450 1,450
Senior notes 2022 600 4.000% 600 600
Senior notes 2023 US 500 3.000% 692 580
Senior notes 2023 US 850 4.100% 1,176 986
Senior notes 2024 600 4.000% 600 600
Senior notes 2025 US 700 3.625% 969 –
Senior debentures 22032 US 200 8.750% 277 232
Senior notes 2038 US 350 7.500% 484 406
Senior notes 2039 500 6.680% 500 500
Senior notes 2040 800 6.110% 800 800
Senior notes 2041 400 6.560% 400 400
Senior notes 2043 US 500 4.500% 692 580
Senior notes 2043 US 650 5.450% 900 754
Senior notes 2044 US 1,050 5.000% 1,453 870
16,981 14,895
Deferred transaction costs and discounts (111) (108)
Less current portion (1,000) (963)
Total long-term debt 15,870 13,824
1Senior notes originally issued by Rogers Wireless Inc. which are unsecured obligations of RCI and for which RCP was an unsecured co-obligor as at December 31, 2015 and
December 31, 2014.
2Senior notes and debentures originally issued by Rogers Cable Inc. which are unsecured obligations of RCI and for which RCP was an unsecured guarantor as at December 31,
2015 and December 31, 2014.
2015 ANNUAL REPORT ROGERS COMMUNICATIONS INC. 123