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32 COGECO CABLE INC. 2012 Management’s Discussion and Analysis (MD&A)
THREE-YEAR ANNUAL FINANCIAL HIGHLIGHTS AND QUARTERLY
FINANCIAL HIGHLIGHTS
THREE-YEAR ANNUAL FINANCIAL HIGHLIGHTS
Years ended August 31, 2012 2011 2010
(1)
(in thousands of dollars, except percentages and Per Share Data) $ $ $
Revenue 1,277,698 1,184,683 1,093,620
Operating income before depreciation and amortization 589,052 545,361 477,529
Operating margin 46.1% 46.0% 43.7%
Operating income 312,180 341,079 290,256
Income taxes 78,656 70,752 30,574
Profit for the year from continuing operations 169,517 199,165 194,163
Profit (loss) for the year from discontinued operations 55,446 (244,736) (36,860)
Profit (loss) for the year 224,963 (45,571) 157,303
Cash flow from operating activities 450,386 492,085 399,195
Cash flow from operations 441,686 417,367 458,976
A
cquisitions of property, plant and equipment, intangible and other assets 375,368 302,541 267,954
Free cash flow 66,318 114,826 191,022
Total assets 2,908,079 2,712,679 2,702,819
Long-term financial liabilities(2) 1,060,324 983,745 956,311
Per Share Data(3)
Earnings (loss) per share
From continuing and discontinued operations
Basic 4.62 (0.94) 3.24
Diluted 4.60 (0.94) 3.23
From continuing operations
Basic 3.48 4.10 4.00
Diluted 3.46 4.10 3.99
From discontinued operations
Basic 1.14 (5.04) (0,76)
Diluted 1.13 (5.04) (0.76)
Dividends 1.00 0.71 0.56
(1) The numbers relating to fiscal year 2010 have not been restated to comply with the adoption of IFRS since the transition date for the Corporation is
September 1, 2010.
(2) Long-term financial liabilities include long-term debt, balance due on a business acquisition, derivative financial instrument liabilities and pension plan
liabilities and accrued employee benefits.
(3) Per multiple and subordinate voting share.