RCI FY 2016 Earnings Report — Rogers Communications Inc. Revenue & Financial Results | Market Cap Arena

Rogers Communications Inc.RCI

FY 2016 Earnings

Reported December 30, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$10.0B	—	—	—	—
Op. Income	$2.0B	—	—	—	—
Gross Margin	36.7%	—	—	—	—
Net Margin	6.1%	—	—	—	—
EPS (Diluted)	$1.18	—	—	—	—
Free Cash Flow	$1.1B	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$10.0B
Cost of Revenue	$6.3B
GROSS PROFIT	$3.7B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$1.5B
SG&A Expenses	$1.5B
Other Expenses	$2.2B
Operating Expenses	$3.7B
Cost & Expenses	$10.0B
OPERATING INCOME	$2.0B
Interest Income	$27M
Interest Expense	$556M
Other Income/Expenses	-$1.2B
INCOME BEFORE TAX	$848M
Income Tax Expense	$237M
Net Income from Continuing Ops	$611M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$611M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$611M
D&A	$1.7B
EBIT	$1.4B
EBITDA	$3.1B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$10.0B
Cost of Revenue	$6.3B
GROSS PROFIT	$3.7B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$1.5B
SG&A Expenses	$1.5B
Other Expenses	$2.2B
Operating Expenses	$3.7B
Cost & Expenses	$10.0B
OPERATING INCOME	$2.0B
Interest Income	$27M
Interest Expense	$556M
Other Income/Expenses	-$1.2B
INCOME BEFORE TAX	$848M
Income Tax Expense	$237M
Net Income from Continuing Ops	$611M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$611M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$611M
D&A	$1.7B
EBIT	$1.4B
EBITDA	$3.1B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$611M
Depreciation & Amortization	$1.7B
Stock-Based Compensation	$45M
Deferred Income Tax	$237M
Other Non-Cash Items	$275M
Change in Working Capital	$10M
OPERATING CASH FLOW	$2.9B
Capital Expenditure	-$1.8B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$42M
NET CASH FROM INVESTING	-$1.8B
Net Debt Issuance	-$394M
Common Stock Repurchased	$0
Common Dividends Paid	-$723M
Other Financing Activities	-$42M
NET CASH FROM FINANCING	-$1.2B
FREE CASH FLOW	$1.1B
Net Change in Cash	-$60M

Balance Sheet

Item	Amount
Cash & Equivalents	-$67M
Short-Term Investments	$133M
Net Receivables	$2.0B
Inventory	$230M
Other Current Assets	$562M
TOTAL CURRENT ASSETS	$1.9B
PP&E (Net)	$7.9B
Goodwill	$2.9B
Intangible Assets	$5.2B
Long-Term Investments	$1.6B
Tax Assets	$6M
Other Non-Current Assets	$1.3B
TOTAL NON-CURRENT ASSETS	$18.9B
TOTAL ASSETS	$20.7B
Account Payables	$1.8B
Short-Term Debt	$1.2B
Deferred Revenue	$268M
Other Current Liabilities	$610M
TOTAL CURRENT LIABILITIES	$3.7B
Long-Term Debt	$11.2B
Deferred Revenue NC	$498M
Deferred Tax Liabilities	$1.4B
Other Non-Current Liabilities	$1.4B
TOTAL NON-CURRENT LIABILITIES	$13.1B
TOTAL LIABILITIES	$16.9B
Common Stock	$349M
Additional Paid-In Capital	$0
Retained Earnings	$3.1B
Treasury Stock	$0
Accum. Other Comp. Income	$399M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.9B
Minority Interest	$0
TOTAL EQUITY	$3.9B
TOTAL LIABILITIES & EQUITY	$20.7B
Total Debt	$12.4B
Net Debt	$12.5B