Rogers Communications Inc.

TSX-RCI.B

Overview Financials Investor Relations Estimates Ownership Industry Dividends Modeling Filings

Income Statement	Dec '14	Dec '15	Dec '16	Dec '17	Jan '19	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Total Revenues						15,073	13,916	14,655	15,396	19,308	20,421
Total Revenues % Chg.						-0.2%	-7.7%	5.3%	5.1%	25.4%	21.6%
Cost of Goods Sold, Total						8,861	8,150	8,768	9,003	10,727	11,142
Gross Profit						6,212	5,766	5,887	6,393	8,581	9,279
Selling General & Admin Expenses, Total						11	13	14	-1	-13	-8
Depreciation & Amortization						2,488	2,618	2,585	2,576	4,121	4,617
Other Operating Expenses		—	—	—	—	—	—	—	—	—	—
Other Operating Expenses, Total						2,499	2,631	2,599	2,575	4,108	4,609
Operating Income						3,713	3,135	3,288	3,818	4,473	4,670
Interest Expense, Total						-788	-831	-802	-1,170	-1,905	-2,123
Interest And Investment Income						35	39	42	46	50	—
Net Interest Expenses						-753	-792	-760	-1,124	-1,855	-2,123
Income (Loss) On Equity Invest.					—	-25	-40	-44	-31	-412	-431
Currency Exchange Gains (Loss)						79	-107	-10	-127	111	-155
Other Non Operating Income (Expenses)						-101	70	-23	63	-266	-33
EBT, Excl. Unusual Items						2,913	2,266	2,451	2,599	2,051	1,928
Restructuring Charges						-139	-185	-187	-118	-365	-378
Merger & Related Restructuring Charges			—	—	—	—	—	-137	-192	-320	-153
Impairment of Goodwill	—		—	—	—	—	—	—	—	—	—
Gain (Loss) On Sale Of Investments	—	—			—	—	—	—	—	—	—
Gain (Loss) On Sale Of Assets	—	—	—			—	—	—	—	—	—
Other Unusual Items			—	—		-19	91	—	—	—	—
EBT, Incl. Unusual Items						2,755	2,172	2,127	2,289	1,366	1,397
Income Tax Expense						712	580	569	609	517	518
Earnings From Continuing Operations						2,043	1,592	1,558	1,680	849	879
Net Income						2,043	1,592	1,558	1,680	849	879
Net Income to Common Incl Extra Items						2,043	1,592	1,558	1,680	849	879
Net Income to Common Excl. Extra Items						2,043	1,592	1,558	1,680	849	879
Total Shares Outstanding						504.9	504.9	504.9	504.9	530	532.8
Weighted Avg. Shares Outstanding						512	505	505	505	523	530.5
Weighted Avg. Shares Outstanding Dil						513	506	506	506	524	531.5
EPS						4	3.2	3.1	3.3	1.6	1.7
EPS Diluted						4	3.1	3.1	3.3	1.6	1.6
EBITDA						6,026	5,536	5,627	6,120	8,223	8,881
Effective Tax Rate						25.8%	26.7%	26.8%	26.6%	37.8%	37.1%