Wireless

Cable
Media
Corporate & Eliminations

TOTAL

REVENUES
2005

2006

2007

3860

4580

5503

2.492

3.201

3.558

1.097

1.21

1.317

-115

-153

-255

$ 7,334.00

$ 8,838.00

$ 10,123.00

OPERATING EXPENSES
2005
2006
Cost of Sales
Sales & Marketing
Operating, General and Administrative
Depreciation and Amortization
Other

TOTAL

940

956

961

1.122

1.226

1.322

3.062

3.763

4.251

1.489

1.584

1.603

66

18

490

$ 6,679.00

$ 7,547.00

$ 8,627.00

OPERATING INCOMES
2005
2006

TOTAL

2007

$ 655.00

NET INCOME
2005

2007

$ 1,291.00

$ 1,496.00

2006

2007

620

579

Intereses de Deuda a Largo Plazo

Otros Gastos

699
-1

-7

31

Ingresos Antes de Impuestos

-43

678

886

Impuesto a la Renta

56

249

TOTAL

($ 45.00)

$ 622.00

$ 637.00

ADJUSTED NET INCOME

2005
2006

TOTAL

$ 47.00

$ 684.00

ADJUSTED NET INCOME PER SHARE

2005
2006

TOTAL

0.08

1.08

2007
$ 1,066.00

2007
1.67

2008

2009

6335

6654

3.809

3.948

1.496

1.407

-305

-278

$ 11,335.00

$ 11,731.00

2008

2009

1303

1380

1.334

1.207

4.569

4.681

1.76

1.73

345

165

$ 9,311.00

$ 9,163.00

2008

2009

$ 2,024.00

$ 2,568.00

2008

2009

575

647

23

-59

1426

1980

424

502

$ 1,002.00

$ 1,478.00

2008

2009

$ 1,260.00

$ 1,556.00

2008

2009

1.98

2.51

Current Assets
Property, Plant and Equipment
Goodwill
Intangible Assets
Investments
Other Long-Term Assets

TOTAL

2005

ASSETS
2006

2007

2008

2009

1289

1734

2143

2296

2255

6.152

6.732

7.289

7.898

8.197

3.036

2.779

3.027

3.024

3.018

2.627

2.152

2.086

2.761

2.643

138

139

485

343

547

592

569

295

760

358

$ 13,834.00

$ 14,105.00

$ 15,325.00

$ 17,082.00

$ 17,018.00

2008

2009

LIABILITIES & SHAREHOLDRES EQUITY

2005
2006
2007
Current Liabilities
Long-Term Debt
Derivative Instruments
Other Long-Term Liabilities
Future Income Tax
Shareholders Equity

104

344

397

3,528

4,200

4,624

4,716

4,273

SHAREHOLDRES EQUITY

$ 3,528.00

$ 4,200.00

$ 4,624.00

$ 4,716.00

$ 4,273.00

TOTAL

$ 13,834.00

$ 14,105.00

$ 15,325.00

$ 17,082.00

$ 17,018.00

1992

2470

2742

2716

2748

7453

6537

6032

8506

8463

787

769

1609

616

1004

74

129

214

184

133

REVENUES (2009)
ROGER

BELL

TELUS

Wireless
Wireline
Media
Other

6,654

4,558

4,735

3,948

13,840

5,152

1,407

-278

-663

-281

TOTAL

$ 11,731.00

$ 17,735.00

$ 9,606.00

BELL

TELUS

OPERATING EXPENSES (2009)

ROGER
Cost of Sales
Sales & Marketing
Operating, General and Administrative
Depreciation and Amortization
Other

TOTAL

1,380

4,525

1,207
4,681

6,121
-

5,925
-

1,730

3,371

1,722

165
$ 9,163.00

527
$ 14,544.00

190
$ 7,837.00

OPERATING INCOMES (2009)

ROGER

BELL

TELUS

$ 3,191.00

$ 1,769.00

BELL

TELUS

647

723

433

-59
$ 1,980.00

18
$ 2,450.00

32
$ 1,304.00

502

368

203

$ 1,478.00

452
$ 1,630.00

99
$ 1,002.00

BELL

TELUS

$ 1,630.00

$ 1,002.00

$ 2,568.00

TOTAL

NET INCOME (2009)

ROGER
Intereses de Deuda a Largo Plazo
Otros Gastos

Ingresos Antes de Impuestos

Impuesto a la Renta
Despus de Gastos Fiscales

TOTAL

ADJUSTED NET INCOME (2009)

ROGER

TOTAL

$ 1,556.00

ADJUSTED NET INCOME PER SHARE (2009)

ROGER
BELL

TOTAL

$ 2.51

$ 2.50

TELUS
$ 3.14

SHAW
3,391
$ 3,391.00

SHAW
1,852
584
$ 2,436.00

SHAW
$ 955.00

SHAW
237
-8
$ 726.00
191
$ 535.00

SHAW
$ 535.00

SHAW
$ 1.25

Market Capitalization
ROGER
BELL
TELUS
SHAW

Share Price
HIGH
LOW

Outstanding Shares

21.74

40.5

27.72

592,410

25.04

27.68

18.45

767,200

14.08

37.5

29.12

318,000

9.68

20.94

13.4

430,237

Adjusted Net Income

Cash (millions)

Total Assets

Price/Earning

RATIOS (2009)
Earnings/Shares

1,556

383

17,018

14.6

2.51

1,630

687

38,050

13.1

2.5

1,002

41

19,219

14.1

3.14

535

254

8,938

18

1.25

RATIOS (2009)
Debt/ Equity
1.98
0.64
0.8
1.07

DETERMINES THE CAPACITY TO PAY SHORT TERM OBLIGATIONS

Current Ratio

Debt to Total Assets Ratio

2005
0.65

2006
0.70

LIQUIDITY
2007
0.78

2008
0.85

2009
0.82

INDICATES HOW THE ORGANIZATION FINANCE THEIR ASSETS TROUGH

DEBT (INVESTORS)
LEVERAGE
2005
2006
2007
2008
2009
0.74
0.70
0.70
0.72
0.75

MEASURE HOW A FIRM USES ITS RESOURCES

Total Assets Turnover

2005
0.53

2006
0.63

ACTIVITY
2007
0.66

2008
0.66

2009
0.69

MEASURES RETURNS GENERATED ON SALES OR INVESTMENT

Gross Profit Margin

Operating Profit Margin
Net Profit Margin
ROA
ROE

2005
0.87
-0.01
0.01
0.00
0.01

2006
0.89
0.08
0.08
0.05
0.16

2007
0.91
0.09
0.11
0.07
0.23

2008
0.89
0.13
0.11
0.07
0.27

2009
0.88
0.17
0.13
0.09
0.36

MEASURES RETURNS GENERATED ON SALES OR INVESTMENT

Sales
Net Income

2005
-

2006
0.21
13.55

GROWTH
2007
0.15
0.56

2008
0.12
0.18

2009
0.03
0.23

HIGH PERCENTAGE OF FUNDS PROVIDED BY INVESTORS (TOTAL ASSETS FINANCED)

MARGIN TO COVER THE UTILITY OPERATING EXPENSES AND GENERATE PROFITS

INCOME BEFORE INCOME TAXES AND INTEREST
COMPENSATION FOR THE OWNER
RETURN ON INVESTMENT
CAPACITY TO GENERATE PROFITS

THE PERCENTAGE OF GROWTH SALES DECREASES

Gross Profit Margin

Operating Profit Margin
Net Profit Margin

ROGER
0.88
0.17
0.13

PROFITABILITY (2009)
BELL
TELUS
0.74
1.00
0.14
0.14
0.09
0.10

SHAW
1.00
0.21
0.16

TELUS AND SHAW DOESNT HAS COST SO

HIGHER PROFIT BEFORE INTEREST AND
HIGHER PROFIT PER DOLLAR EXCEPT CO

LUS AND SHAW DOESNT HAS COST SOLDS

GHER PROFIT BEFORE INTEREST AND TAXES EXCEPT COMPARE WITH SHAW
GHER PROFIT PER DOLLAR EXCEPT COMPARE WITH SHAW