RCI Q2 2016 Earnings Report — Rogers Communications Inc. Revenue & Financial Results | Market Cap Arena

Rogers Communications Inc.RCI

Q2 2016 Earnings

Reported June 29, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2016	Q1 2016	Q2 2015	QoQ Change	YoY Change
Revenue	$2.5B	—	—	—	—
Op. Income	$556M	—	—	—	—
Gross Margin	38.6%	—	—	—	—
Net Margin	11.4%	—	—	—	—
EPS (Diluted)	$0.56	—	—	—	—
Free Cash Flow	$336M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$2.5B
Cost of Revenue	$1.6B
GROSS PROFIT	$974M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$402M
SG&A Expenses	$402M
Other Expenses	$573M
Operating Expenses	$974M
Cost & Expenses	$2.5B
OPERATING INCOME	$556M
Interest Income	$0
Interest Expense	$137M
Other Income/Expenses	-$165M
INCOME BEFORE TAX	$391M
Income Tax Expense	$103M
Net Income from Continuing Ops	$288M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$288M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$288M
D&A	$432M
EBIT	$530M
EBITDA	$962M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$2.5B
Cost of Revenue	$1.6B
GROSS PROFIT	$974M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$402M
SG&A Expenses	$402M
Other Expenses	$573M
Operating Expenses	$974M
Cost & Expenses	$2.5B
OPERATING INCOME	$556M
Interest Income	$0
Interest Expense	$137M
Other Income/Expenses	-$165M
INCOME BEFORE TAX	$391M
Income Tax Expense	$103M
Net Income from Continuing Ops	$288M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$288M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$288M
D&A	$432M
EBIT	$530M
EBITDA	$962M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$288M
Depreciation & Amortization	$432M
Stock-Based Compensation	$11M
Deferred Income Tax	$103M
Other Non-Cash Items	-$39M
Change in Working Capital	$26M
OPERATING CASH FLOW	$820M
Capital Expenditure	-$483M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$58M
NET CASH FROM INVESTING	-$426M
Net Debt Issuance	-$282M
Common Stock Repurchased	$0
Common Dividends Paid	-$181M
Other Financing Activities	$16M
NET CASH FROM FINANCING	-$446M
FREE CASH FLOW	$336M
Net Change in Cash	-$52M

Balance Sheet

Item	Amount
Cash & Equivalents	-$67M
Short-Term Investments	$135M
Net Receivables	$1.3B
Inventory	$175M
Other Current Assets	$273M
TOTAL CURRENT ASSETS	$1.8B
PP&E (Net)	$8.1B
Goodwill	$2.8B
Intangible Assets	$5.2B
Long-Term Investments	$1.7B
Tax Assets	$6M
Other Non-Current Assets	$1.3B
TOTAL NON-CURRENT ASSETS	$19.3B
TOTAL ASSETS	$21.1B
Account Payables	$1.9B
Short-Term Debt	$1.4B
Deferred Revenue	$271M
Other Current Liabilities	$528M
TOTAL CURRENT LIABILITIES	$3.8B
Long-Term Debt	$11.1B
Deferred Revenue NC	$187M
Deferred Tax Liabilities	$1.3B
Other Non-Current Liabilities	$1.6B
TOTAL NON-CURRENT LIABILITIES	$12.9B
TOTAL LIABILITIES	$16.8B
Common Stock	$347M
Additional Paid-In Capital	$0
Retained Earnings	$3.5B
Treasury Stock	$0
Accum. Other Comp. Income	$527M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$4.3B
Minority Interest	$0
TOTAL EQUITY	$4.3B
TOTAL LIABILITIES & EQUITY	$21.1B
Total Debt	$12.6B
Net Debt	$12.6B