Financial Highlights
| |
|
|
| |
Quarters ended August 31, |
| |
2011
|
2010 |
Change |
| ($000, except percentages, RGU growth and per share data) |
$ |
$ |
% |
|
| |
(unaudited) |
(unaudited) |
|
| Operations |
| Revenue |
375,402 |
333,671 |
12.5 |
| Operating income before amortization(1) |
158,800 |
137,785 |
15.3 |
| Operating margin(1) |
42.3% |
41.3% |
– |
| Operating income |
104,626 |
73,942 |
41.5 |
| Impairment of goodwill and fixed assets |
- |
– |
– |
| Net income |
21,073 |
12,265 |
71.8 |
| Adjusted net income(1) |
21,073 |
12,265 |
71.8 |
| |
|
|
|
|
| Cash Flow |
| Cash flow from operating activities |
225,647 |
198,492 |
13.7 |
| Cash flow from operations(1) |
153,681 |
127,230 |
20.8 |
| Capital expenditures and increase in deferred charges |
130,693 |
108,515 |
20.4 |
| Free cash flow(1) |
22,988 |
18,715 |
22.8 |
| |
|
|
|
|
| Financial condition |
| Total assets |
- |
- |
- |
| Indebtedness(2) |
- |
- |
- |
| Shareholders’ Equity |
- |
- |
- |
| |
|
|
|
|
RGU growth |
38,344 |
64,303 |
(40.4) |
| |
|
|
|
|
| Per Share Data(3) |
| Earnings (loss) per share |
|
|
|
| Basic |
1.26 |
0.73 |
72.6 |
| Diluted |
1.26 |
0.73 |
72.6 |
| Adjusted earnings per share(1) |
|
|
|
| Basic |
1.26 |
0.73 |
72.6 |
| Diluted |
1.25 |
0.73 |
71.2 |
|
(1) The indicated terms do not have standardized definitions prescribed by Canadian GAAP and therefore, may not be comparable to similar measures presented by other companies. For more details, please consult the “Non-GAAP financial measures” section of the Results overview.
(2) Indebtedness is defined as the total of bank indebtedness, principal on long-term debt, promissory note payable, balance due on a business acquisition and obligations under derivative financial instruments.
(3) Per multiple and subordinate voting shares.
