Cogeco 2014 Annual Report Download - page 58

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Consolidated financial statements COGECO CABLE INC. 2014 57
CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
Years ended August 31, Notes 2014 2013
(In thousands of Canadian dollars, except per share data) $$
(restated, Note 3)
Revenue 1,947,591 1,692,466
Operating expenses 71,044,560 902,174
Management fees – COGECO Inc. 22 A) 9,674 9,569
Integration, restructuring and acquisition costs 54,736 21,570
Depreciation and amortization 8460,282 382,714
Impairment of property, plant and equipment 13 35,493 —
Financial expense 9130,221 128,770
Income taxes 10 53,184 62,774
Profit for the year 209,441 184,895
Earnings per share 11
Basic 4.30 3.80
Diluted 4.26 3.78