|
REVENUES
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cable
Television
|
|
|
$
|
210.4
|
|
|
|
$
|
198.5
|
|
|
|
$
|
419.1
|
|
|
|
$
|
393.5
|
|
|
|
Newspapers
|
|
|
|
233.2
|
|
|
|
|
225.2
|
|
|
|
|
433.4
|
|
|
|
|
421.2
|
|
|
|
Broadcasting
|
|
|
|
94.4
|
|
|
|
|
92.4
|
|
|
|
|
180.3
|
|
|
|
|
176.7
|
|
|
|
Leisure
and Entertainment
|
|
|
|
51.5
|
|
|
|
|
44.5
|
|
|
|
|
99.0
|
|
|
|
|
86.0
|
|
|
|
Business
Telecommunications
|
|
|
|
17.8
|
|
|
|
|
20.1
|
|
|
|
|
34.6
|
|
|
|
|
41.9
|
|
|
|
Web
Integration/Technology
|
|
|
|
13.4
|
|
|
|
|
11.7
|
|
|
|
|
25.0
|
|
|
|
|
23.6
|
|
|
|
Internet/Portals
|
|
|
|
8.0
|
|
|
|
|
6.8
|
|
|
|
|
16.1
|
|
|
|
|
13.8
|
|
|
|
Head
Office
|
|
|
|
—
|
|
|
|
|
—
|
|
|
|
|
0.1
|
|
|
|
|
0.1
|
|
|
|
Inter-segment
|
|
|
|
(15.5
|
)
|
|
|
|
(13.6
|
)
|
|
|
|
(30.7
|
)
|
|
|
|
(27.2
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
613.2
|
|
|
|
|
585.6
|
|
|
|
|
1,176.9
|
|
|
|
|
1,129.6
|
|
|
COST OF SALES AND SELLING AND ADMINISTRATIVE EXPENSES
|
|
|
|
(421.2
|
)
|
|
|
|
(421.1
|
)
|
|
|
|
(853.6
|
)
|
|
|
|
(832.2
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
OPERATING
INCOME BEFORE UNDERNOTED ITEMS
|
|
|
|
192.0
|
|
|
|
|
164.5
|
|
|
|
|
323.3
|
|
|
|
|
297.4
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Amortization
|
|
|
|
(55.8
|
)
|
|
|
|
(55.1
|
)
|
|
|
|
(109.2
|
)
|
|
|
|
(110.1
|
)
|
|
Financial
expenses (note 3)
|
|
|
|
(87.7
|
)
|
|
|
|
(67.7
|
)
|
|
|
|
(163.3
|
)
|
|
|
|
(144.4
|
)
|
|
Reserve
for restructuring of operations, impairment of assets and other special
charges (note 4)
|
|
|
|
—
|
|
|
|
|
(0.8
|
)
|
|
|
|
—
|
|
|
|
|
(1.3
|
)
|
|
Gain
on disposal of a portfolio investment
|
|
|
|
1.3
|
|
|
|
|
—
|
|
|
|
|
1.3
|
|
|
|
|
—
|
|
|
Net
gain on debt refinancing
|
|
|
|
—
|
|
|
|
|
—
|
|
|
|
|
—
|
|
|
|
|
7.5
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
INCOME
BEFORE INCOME TAXES
|
|
|
|
49.8
|
|
|
|
|
40.9
|
|
|
|
|
52.1
|
|
|
|
|
49.1
|
|
|
Income
taxes:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
|
|
|
|
5.3
|
|
|
|
|
3.4
|
|
|
|
|
6.2
|
|
|
|
|
4.9
|
|
|
|
Future
|
|
|
|
15.1
|
|
|
|
|
6.0
|
|
|
|
|
15.1
|
|
|
|
|
1.8
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
20.4
|
|
|
|
|
9.4
|
|
|
|
|
21.3
|
|
|
|
|
6.7
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
29.4
|
|
|
|
|
31.5
|
|
|
|
|
30.8
|
|
|
|
|
42.4
|
|
|
Non-controlling
interest
|
|
|
|
(11.8
|
)
|
|
|
|
(11.2
|
)
|
|
|
|
(17.5
|
)
|
|
|
|
(17.0
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
INCOME
FROM CONTINUING OPERATIONS
|
|
|
|
17.6
|
|
|
|
|
20.3
|
|
|
|
|
13.3
|
|
|
|
|
25.4
|
|
|
(Loss)
gain from discontinued operations
|
|
|
|
(0.7
|
)
|
|
|
|
3.0
|
|
|
|
|
(1.1
|
)
|
|
|
|
2.8
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
NET
INCOME
|
|
|
$
|
16.9
|
|
|
|
$
|
23.3
|
|
|
|
$
|
12.2
|
|
|
|
$
|
28.2
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Next Section
Previous Section