Cogeco 2014 Annual Report Download - page 56

Download and view the complete annual report

Please find page 56 of the 2014 Cogeco annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 105

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105

Consolidated financial statements COGECO CABLE INC. 2014 55
MANAGEMENT'S RESPONSIBILITY
RELATED 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 auditor to discuss the results of the external and internal examinations and matters having an impact on financial
information.
The independent auditor appointed by the shareholders, Deloitte LLP, Chartered Professional Accountants, is 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 independent auditor has free access to the Audit Committee, with or without the presence of management. Their report
follows.
Louis Audet
President and Chief Executive Officer Pierre Maheux
Vice-President, Corporate Controller
Interim Chief Financial Officer
Montreal, October 31, 2014