Cogeco 2014 Annual Report Download - page 34

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MD&A COGECO CABLE INC. 2014 33
THREE-YEAR ANNUAL FINANCIAL HIGHLIGHTS AND QUARTERLY
FINANCIAL HIGHLIGHTS
THREE-YEAR ANNUAL FINANCIAL HIGHLIGHTS
Years ended August 31, 2014 2013 (1) 2012
(in thousands of dollars, except percentages and per share data) $$ $
Revenue 1,947,591 1,692,466 1,277,698
Adjusted EBITDA 893,357 780,723 589,052
Operating margin 45.9% 46.1% 46.1%
Impairment of property, plant and equipment 35,493 — —
Income taxes 53,184 62,774 78,656
Profit for the year from continuing operations 209,441 184,895 169,517
Profit for the year from discontinued operations —— 55,446
Profit for the year 209,441 184,895 224,963
Cash flow from operating activities 758,368 545,010 450,386
Cash flow from operations 690,148 557,581 441,686
Acquisitions of property, plant and equipment, intangible and other assets 415,472 408,202 375,368
Free cash flow 274,676 149,379 66,318
Capital intensity 21.3% 24.1% 29.4%
Total assets 5,173,741 5,149,211 2,908,079
Indebtedness 2,744,746 2,944,182 1,069,112
Per Share Data(2)
Earnings per share
From continuing and discontinued operations
Basic 4.30 3.80 4.62
Diluted 4.26 3.78 4.60
From continuing operations
Basic 4.30 3.80 3.48
Diluted 4.26 3.78 3.46
From discontinued operations
Basic —— 1.14
Diluted —— 1.13
Dividends 1.20 1.04 1.00
(1) Comparative figures have been adjusted to comply with the adoption of IAS 19 Employee Benefits. For further details, please refer to Note 3 of the consolidated
financial statements.
(2) Per multiple and subordinate voting share.