Rohit Muthuvel 14/10/2015
212033536
AP/ADMS 2500 F
Section A Annual Report Analysis of Cogeco Cable Inc. (for the year ended Aug 2014)
Cogeco Cable Inc. is a large telecommunications company operating in Quebec and Ontario under the name Cogeco Cable Canada and in many parts in the United States under the Atlantic Broadband name such as Western Pennsylvania, South Carolina, South Florida and Maryland/Delaware. It is the 11th largest cable operator in North America and is still growing. It provides two-way broadband fiber network services to most residential and business areas with …show more content…
57 of the annual report). Under the management's discussion and analysis dated on the 31st of Oct 2014, the main reasons for the increase in the revenue of the company is due to the expansion of service offering and the enhancement of existing services or bundles, improvising networks through rapid technological innovation and advancement, improvising customer experience and business processes by meeting the needs of both residential and business customers and finally keeping a sound capital management and cost-effective measures by keeping a strict control over spending. The company focuses on efficiency and optimization of operating results and reducing the leverage ratio to achieve synergies. (page no. 11-16). The company's financial reports were audited by Elizabeth Alves, Vice President, Internal Audit and Risk Management (page no. 102) in accordance to GAAP (Generally Accepted Accounting Principles) and International Financial Reporting Standards (IFRS). The independent auditor's report was dated on the 31st of Oct 2014 (page no. 56). The financial statements were prepared according to the IFRS standards and was issued by the International Accounting Standards Board (IASB) which was signed on behalf of the board by Louis Audet, President and CEO and Pierre Maheux, Vice-President, Corporate Controller and Interim CFO. (page no. 55). The Chairman of the Board at the time of issuance of the annual report as of Aug 31st 2014 was Jan Peeters and the Chair of the Compensation Committee was Claude A Garcia, member of the Human Resources and Strategic Opportunities Committee. (page no. 101). The statement of financial position seems to be sound with total assets equaling to the total of liabilities and shareholder's equity which is $5,173,741 (in thousands of
212033536
AP/ADMS 2500 F
Section A Annual Report Analysis of Cogeco Cable Inc. (for the year ended Aug 2014)
Cogeco Cable Inc. is a large telecommunications company operating in Quebec and Ontario under the name Cogeco Cable Canada and in many parts in the United States under the Atlantic Broadband name such as Western Pennsylvania, South Carolina, South Florida and Maryland/Delaware. It is the 11th largest cable operator in North America and is still growing. It provides two-way broadband fiber network services to most residential and business areas with …show more content…
57 of the annual report). Under the management's discussion and analysis dated on the 31st of Oct 2014, the main reasons for the increase in the revenue of the company is due to the expansion of service offering and the enhancement of existing services or bundles, improvising networks through rapid technological innovation and advancement, improvising customer experience and business processes by meeting the needs of both residential and business customers and finally keeping a sound capital management and cost-effective measures by keeping a strict control over spending. The company focuses on efficiency and optimization of operating results and reducing the leverage ratio to achieve synergies. (page no. 11-16). The company's financial reports were audited by Elizabeth Alves, Vice President, Internal Audit and Risk Management (page no. 102) in accordance to GAAP (Generally Accepted Accounting Principles) and International Financial Reporting Standards (IFRS). The independent auditor's report was dated on the 31st of Oct 2014 (page no. 56). The financial statements were prepared according to the IFRS standards and was issued by the International Accounting Standards Board (IASB) which was signed on behalf of the board by Louis Audet, President and CEO and Pierre Maheux, Vice-President, Corporate Controller and Interim CFO. (page no. 55). The Chairman of the Board at the time of issuance of the annual report as of Aug 31st 2014 was Jan Peeters and the Chair of the Compensation Committee was Claude A Garcia, member of the Human Resources and Strategic Opportunities Committee. (page no. 101). The statement of financial position seems to be sound with total assets equaling to the total of liabilities and shareholder's equity which is $5,173,741 (in thousands of