Investor Presentaiton
Consolidated financial results
Rogers Communications Inc.
Consolidated Financial Results
(unaudited)
2020
(In millions of dollars, except per share amounts)
Annual
Q4'20
Q3'20
Q2'20
Q1'20
2019
Annual
Q4'19
Q3'19
Q2'19
Q1'19
Revenue
Wireless
8,530
2,291
2,228
1,934
2,077
9,250
2,493
2,324
2,244
2,189
Cable
3,946
1,019
988
966
973
3,954
987
994
997
976
Media
1,606
409
489
296
412
2,072
530
483
591
468
Corporate items and intercompany eliminations
(166)
(39)
(40)
(41)
(46)
(203)
(58)
(47)
(52)
(46)
Revenue
13,916
3,680
3,665
3,155
3,416
15,073
3,952
3,754
3,780
3,587
Total service revenue
11,955
3,023
3,086
2,797
3,049
12,965
3,244
3,233
3,345
3,143
Adjusted EBITDA 2
Wireless
4,067
1,034
1,089
918
1,026
4,345
1,064
1,138
1,128
1,015
Cable
1,935
520
508
454
453
1,919
497
499
478
445
Media
51
82
89
(35)
(85)
140
22
130
72
(84)
Corporate items and intercompany eliminations
(196)
(46)
(48)
(43)
(59)
(192)
(53)
(55)
(43)
(41)
Adjusted EBITDA
5,857
1,590
1,638
1,294
1,335
6,212
1,530
1,712
1,635
1,335
Deduct (add):
Depreciation and amortization
2,618
666
663
650
639
2,488
638
627
614
609
Restructuring, acquisition and other
185
73
49
42
21
139
38
42
39
20
Finance costs
881
228
219
214
220
840
230
215
206
189
Other expense (income)
1
2
6
7
(14)
(10)
(12)
16
(1)
(13)
Net income before income tax expense
2,172
621
701
381
469
2,755
636
812
777
530
Income tax expense
580
172
189
102
117
712
168
219
186
139
1,592
449
512
279
352
2,043
468
593
591
391
Net income
Earnings per share:
Basic
Diluted
Net income
Add (deduct):
Restructuring, acquisition and other
Loss on repayment of long-term debt
Income tax impact of above items
Income tax adjustment, legislative tax change
Adjusted net income 2
Adjusted earnings per share 2:
Basic
Diluted
1 See "Key Performance Indicators".
$3.15
$0.89
$1.01
$0.55
$0.70
$3.13
$0.89
$1.01
$0.54
$0.68
1,592
449
512
279
185
73
49
42
(49)
(19)
(13)
(11)
(3)
(3)
1,725
500
548
310
༄༅་ལྷ་ས།༄ །g
$3.99
$0.92
$1.16
$1.15
$0.76
$3.97
$0.92
$1.14
$1.15
$0.76
2,043
468
593
591
391
139
38
42
39
20
19
19
(43)
(14)
(13)
(10)
(6)
(23)
(23)
2,135
511
622
597
405
$3.42
$3.40
$0.99
$0.99
$1.09
$1.08
$0.61
$0.60
$0.73
$0.71
$4.17
$1.00
$4.15
$1.00
$1.22
$1.19
$1.17
$0.79
$1.16
$0.78
24
2 Adjusted EBITDA and adjusted net income are non-GAAP measures and should not be considered substitutes or alternatives for GAAP measures. These are not defined terms under IFRS and do not have standard meanings, so may not
be a reliable way to compare us to other companies. See "Non-GAAP Measures and Related Performance Measures" for information about these measures, including how we calculate them and the ratios in which they are used.View entire presentation