Cogeco 2012 Annual Report Download - page 41

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40 COGECO CABLE INC. 2012 Consolidated financial statements
MANAGEMENT’S
RESPONSIBILITY
R
ELATED TO THE CONSOLIDATED FINANCIAL STATEMENTS
The consolidated financial statements of Cogeco Cable Inc. (the “Corporation”) and the financial information contained in this annual report are
the responsibility of management. The consolidated financial statements include amounts determined by management based on estimates,
which in their opinion are reasonable and fair. The consolidated financial statements have been prepared in accordance with International
Financial Reporting Standards (“IFRS”) and have been approved by the Board of Directors. Operating and financial information used elsewhere
in the annual report is consistent with that of the consolidated financial statements.
In fulfilling its responsibilities, management of Cogeco Cable Inc. and its subsidiaries has developed, and continues to improve administrative
and accounting systems in order to provide reasonable assurance that assets are safeguarded against loss or unauthorized use and maintains
internal accounting controls to ensure that financial records are reliable for preparing the financial statements. The Board of Directors carries
out its responsibility for the financial statements in this annual report principally through its Audit Committee, which reviews the annual
consolidated financial statements of the Corporation and recommends their approval to the Board of Directors. The committee periodically
meets with management and the external auditors to discuss the results of the external and internal examinations and matters having an impact
on financial information.
The external auditors appointed by the shareholders, Deloitte & Touche LLP, Chartered Accountants, are responsible for making an
independent examination of the consolidated financial statements in accordance with Canadian auditing standards and to issue an opinion on
the statements. The external auditors have free access to the Audit Committee, with or without the presence of management. Their report
follows.
Louis Audet
President and Chief Executive Officer
Pierre Gagné
Senior Vice-President and Chief Financial Officer
Montreal, November 1, 2012