Rogers 2015 Annual Report Download - page 97

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CONSOLIDATED FINANCIAL STATEMENTS
Consolidated Statements of Changes in Shareholders’ Equity
(In millions of Canadian dollars, except number of shares)
Class A
Voting shares
Class B
Non-Voting shares
Year ended December 31, 2015 Amount
Number
of shares
(000s) Amount
Number
of shares
(000s)
Retained
earnings
Available-for-
sale financial
assets reserve
Hedging
reserve
Equity
investment
hedging
reserve
Total
shareholders’
equity
Balances, January 1, 2015 72 112,448 402 402,298 4,172 721 104 10 5,481
Net income for the year – – – – 1,381 – – – 1,381
Other comprehensive income (loss):
Defined benefit pension plans, net of tax – – – – 18 – – – 18
Available-for-sale investments, net of tax – – – – – (123) – – (123)
Derivative instruments accounted for as
hedges, net of tax – – – – – – (47) – (47)
Share of equity-accounted investments,
net of tax – – – – – – – 23 23
Other comprehensive (loss) income – – – – 18 (123) (47) 23 (129)
Comprehensive income for the year – – – – 1,399 (123) (47) 23 1,252
Transactions with shareholders recorded
directly in equity:
Dividends declared – – – – (988) – – – (988)
Share class exchange – (9) – 9 – – – – –
Shares issued on exercise of stock options – – – 1 – – – – –
Total transactions with shareholders – (9) – 10 (988) – – – (988)
Balances, December 31, 2015 72 112,439 402 402,308 4,583 598 57 33 5,745
Class A
Voting shares
Class B
Non-Voting shares
Year ended December 31, 2014 Amount
Number
of shares
(000s) Amount
Number
of shares
(000s)
Retained
earnings
Available-for-
sale financial
assets reserve
Hedging
reserve
Equity
investment
hedging
reserve
Total
shareholders’
equity
Balances, January 1, 2014 72 112,462 401 402,281 3,896 401 (101) – 4,669
Net income for the year – – – – 1,341 – – – 1,341
Other comprehensive income:
Defined benefit pension plans, net of tax – – – – (123) – – – (123)
Available-for-sale investments, net of tax – – – – – 320 – – 320
Derivative instruments accounted for as
hedges, net of tax – – – – – – 205 – 205
Share of equity-accounted investments,
netoftax ––––– ––10 10
Other comprehensive income – – – – (123) 320 205 10 412
Comprehensive income for the year – – – – 1,218 320 205 10 1,753
Transactions with shareholders recorded
directly in equity:
Dividends declared – – – – (942) – – – (942)
Share class exchange – (14) – 14 – – – – –
Shares issued on exercise of stock options – – 1 3 – – – – 1
Total transactions with shareholders – (14) 1 17 (942) – – – (941)
Balances, December 31, 2014 72 112,448 402 402,298 4,172 721 104 10 5,481
The accompanying notes are an integral part of the consolidated financial statements.
2015 ANNUAL REPORT ROGERS COMMUNICATIONS INC. 95