Cogeco 2014 Annual Report Download - page 74

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Consolidated financial statements COGECO CABLE INC. 2014 73
Year ended August 31, 2013
Canadian cable
services American cable
services Enterprise data
services
Inter-segment
eliminations
and other Consolidated
(In thousands of Canadian dollars) $ $ $ $ $
(restated,
Note 3)(1) (restated,
Note 6) (restated)(1) (restated,
Notes 3 and 6)
Revenue 1,226,275 267,655 200,158 (1,622) 1,692,466
Operating expenses 614,957 147,403 125,712 14,102 902,174
Management fees – COGECO Inc. — — — 9,569 9,569
Integration, restructuring and acquisition costs(2) 4,500 9,309 7,761 —21,570
Depreciation and amortization 226,215 69,489 86,690 320 382,714
Segment profit (loss) 380,603 41,454 (20,005) (25,613) 376,439
Financial expense 128,770
Income taxes 62,774
Profit for the year 184,895
Property, plant and equipment 1,151,558 317,086 383,782 1,729 1,854,155
Intangible assets 993,352 737,312 179,425 — 1,910,089
Goodwill 4,662 553,373 631,196 — 1,189,231
Acquisition of property, plant and equipment 216,049 48,272 125,314 (3) —389,635
Acquisition of intangible and other assets 14,382 1,321 2,864 —18,567
(1) Certain information related to the Canadian cable service segment and inter-segment eliminations and other have been restated to reflect an internal
reorganization that occurred at the end of 2013.
(2) The integration, restructuring and acquisition costs were primarily related to acquisition costs with regards to business combinations (see Note 6) and
severance costs associated to the restructuring of the employee base in the Canadian cable services segment.
(3) Acquisition for the Enterprise data services segment includes $937,000 of property, plant and equipment acquired through finance leases.
The following tables set out certain geographic market information:
Year ended August 31, 2014
Canada United States Europe Total
(In thousands of Canadian dollars) $$$$
Revenue 1,406,229 503,516 37,846 1,947,591
Property, plant and equipment 1,389,746 389,112 52,113 1,830,971
Intangible assets 1,076,422 807,274 11,150 1,894,846
Goodwill 333,710 835,319 51,500 1,220,529
Year ended August 31, 2013
Canada United States Europe Total
(In thousands of Canadian dollars) $$$$
(restated,
Note 6) (restated,
Note 6) (restated,
Note 6) (restated,
Note 6)
Revenue 1,347,085 327,982 17,399 1,692,466
Property, plant and equipment 1,409,760 394,359 50,036 1,854,155
Intangible assets 1,094,025 804,034 12,030 1,910,089
Goodwill 333,710 808,968 46,553 1,189,231