Cogeco 2012 Annual Report Download - page 86

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Consolidated financial statements COGECO CABLE INC. 2012 85
RECONCILIATION OF PROFIT OR LOSS FOR THE YEAR ENDED AUGUST 31, 2011:
Notes
Canadian
GAAP
IFRS
adjustments IFRS
(In thousands of Canadian dollars, except per share data) $$$
Revenue 1,188,889 (4,206) 1,184,683
Operating expenses 2,5 634,749 (4,599) 630,150
Management fees – COGECO Inc. 9,172 9,172
Integration, restructuring and acquisition costs 1 2,324 2,324
Depreciation and amortization 3 206,763 (4,805) 201,958
Operating income 338,205 2,874 341,079
Financial expense 6 71,703 (541) 71,162
Profit before income taxes 266,502 3,415 269,917
Income taxes 1,5,6 69,432 1,320 70,752
Profit for the year from continuing operations 197,070 2,095 199,165
Loss for the year from discontinued operations (244,736) (244,736)
Loss for the year (47,666) 2,095 (45,571)
Earnings (loss) per share
Basic
Profit for the year from continuing operations 4.06 0.04 4.10
Loss for the year from discontinued operations (5.04) (5.04)
Loss for the year (0.98) 0.04 (0.94)
Diluted
Profit for the year from continuing operations 4.06 0.04 4.10
Loss for the year from discontinued operations (5.04) (5.04)
Loss for the year (0.98) 0.04 (0.94)