Cogeco 2002 Annual Report Download - page 25

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24 Cogeco Cable Inc.
Consolidated Balance Sheets
As at August 31
(in thousands of dollars)
2002 2001
Assets
Fixed assets (note 7) $ 757,260 $ 719,919
Deferred charges (note 8) 38,548 22,721
Customer base (note 9) 989,552 989,552
Cash and cash equivalents —3,377
Accounts receivable 33,555 35,669
Income tax receivable 10,828 6,011
Prepaid expenses 4,224 7,015
$1,833,967 $1,784,264
Liabilities and Shareholder’s equity
Liabilities
Bank indebtedness (note 10) $ 3,091 $—
Long-term debt and Term facility (note 11) 821,678 805,572
Deferred credit 4,830 —
Accounts payable and accrued liabilities 97,849 80,787
Deferred and prepaid income 17,055 17,413
Future income tax liabilities (note 6) 172,667 167,615
1,117,170 1,071,387
Shareholders’equity
Capital stock (note 12) 629,026 628,894
Retained earnings 87,771 83,983
716,797 712,877
$1,833,967 $1 , 7 8 4 , 2 6 4
On behalf of the Board of Directors
Maurice Myrand
Director Henri P. Labelle
Director