Cogeco 2014 Annual Report Download - page 60

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Consolidated financial statements COGECO CABLE INC. 2014 59
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY
Equity attributable to owners of the Corporation
Years ended August 31, 2014 and 2013 Share
capital
Share-based
payment
reserve
Accumulated
other
comprehensive
income Retained
earnings
Equity
attributable to
non-controlling
interest
Total
shareholders'
equity
(In thousands of Canadian dollars) $ $ $ $ $ $
(Note 17) (Note 18)
(restated,
Note 6) (restated,
Note 3) (restated,
Notes 3 and 6)
Balance at September 1, 2012 992,164 9,749 3,105 183,413 — 1,188,431
Profit for the year — — — 184,895 — 184,895
Other comprehensive income for the year — — 15,997 2,559 — 18,556
Comprehensive income for the year — — 15,997 187,454 — 203,451
Issuance of subordinate voting shares under the Stock Option
Plan 2,362 — — — — 2,362
Share-based payment — 3,363 — — — 3,363
Share-based payment previously recorded in share-based
payment reserve for options exercised 808 (808) — — — —
Dividends on multiple voting shares (Note 17 C)) — — — (16,319) — (16,319)
Dividends on subordinate voting shares (Note 17 C)) — — — (34,272) — (34,272)
Acquisition of subordinate voting shares held in trust under
the Incentive Share Unit Plan (4,076) — — — — (4,076)
Distribution to employees of subordinate voting shares held in
trust under the Incentive Share Unit Plan 1,415 (1,420) — 5 — —
Non-controlling interest acquired as a result of a business
combination (Note 6) — — — — 16,962 16,962
Acquisition of non-controlling interest (Note 6) — — — — (16,962) (16,962)
Total contributions by (distributions to) shareholders 509 1,135 — (50,586) — (48,942)
Balance at August 31, 2013 992,673 10,884 19,102 320,281 — 1,342,940
Profit for the year — — — 209,441 — 209,441
Other comprehensive income for the year — — 9,223 223 — 9,446
Comprehensive income for the year — — 9,223 209,664 — 218,887
Issuance of subordinate voting shares under the Stock Option
Plan 6,072 — — — — 6,072
Share-based payment —5,792 — — — 5,792
Share-based payment previously recorded in share-based
payment reserve for options exercised 1,828 (1,828) — — — —
Dividends on multiple voting shares (Note 17 C)) — — — (18,829) — (18,829)
Dividends on subordinate voting shares (Note 17 C)) — — — (39,672) — (39,672)
Acquisition of subordinate voting shares held in trust under
the Incentive Share Unit Plan (6,934) — — — — (6,934)
Distribution to employees of subordinate voting shares held in
trust under the Incentive Share Unit Plan 3,505 (3,568) — 63 — —
Total contributions by (distributions to) shareholders 4,471 396 — (58,438) — (53,571)
Balance at August 31, 2014 997,144 11,280 28,325 471,507 — 1,508,256