Beruflich Dokumente
Kultur Dokumente
2005
2004
2003
restated
restated
3,685,986
3,150,070
2,589,905
3,151,558
199,283
24,014
(7,156)
(11,000)
(4,216)
(321)
3,352,162
2,677,396
162,591
20,672
(8,728)
(488)
2,851,443
2,182,447
119,097
12,578
(3,094)
(295)
2,310,733
333,824
114,126
219,698
298,627
113,241
185,386
279,172
113,057
166,115
(3,210)
216,488
8,655
194,041
3,083
169,198
419,510,503
395,191,927
0.44
0.02
0.46
0.42
0.01
0.43
2005
2004
2003
$
377,944
revenue
Operating expenses
Costs of services, selling and administrative (note 15)
Amortization (note 12)
Interest on long-term debt
Other income, net
Sale of right (note 13)
Gain on sale of investment in an entity subject to signicant inuence (note 16)
Entity subject to significant influence
439,349,210
0.50
(0.01)
0.49
769,421
$
555,310
(38,664)
730,757
(13,105)
542,205
(4,937)
373,007
Net earnings
216,488
194,041
169,198
Excess of purchase price over carrying value of Class A subordinate shares acquired (note 9)
balance, end of year
(51,978)
895,267
(5,489)
730,757
542,205
55
Financial statements
assets
Current assets
Cash and cash equivalents
Accounts receivable (note 3)
Work in progress
Prepaid expenses and other current assets
Future income taxes (note 14)
Capital assets (note 4)
Contract costs (note 5)
Finite-life intangibles and other long-term assets (note 6)
Future income taxes (note 14)
Goodwill (note 7)
Total assets before funds held for clients
Funds held for clients (note 2)
liabilities
Current liabilities
Accounts payable and accrued liabilities
Accrued compensation
Deferred revenue
Income taxes
Future income taxes (note 14)
Current portion of long-term debt (note 8)
Future income taxes (note 14)
Long-term debt (note 8)
Accrued integration charges (note 16) and other long-term liabilities
Total liabilities before clients funds obligations
Clients funds obligations (note 2)
2004
restated
240,459
487,731
214,470
75,531
22,118
1,040,309
116,388
228,646
580,642
46,601
1,773,370
3,785,956
200,703
3,986,659
200,623
546,286
222,278
89,658
79,584
1,138,429
143,641
278,240
630,080
101,899
1,827,604
4,119,893
196,622
4,316,515
378,691
107,014
127,950
31,955
47,163
14,899
707,672
238,983
234,801
109,810
1,291,266
200,703
1,491,969
427,635
110,700
123,213
31,369
68,603
14,529
776,049
287,433
475,291
119,258
1,658,031
196,622
1,854,653
1,762,973
67,578
19,655
895,267
(250,783)
2,494,690
3,986,659
1,820,230
49,879
19,655
730,757
(158,659)
2,461,862
4,316,515
(signed)
(signed)
Serge Godin
Andr Imbeau
director
56
director
Financial statements
2005
2004
2003
restated
restated
219,698
185,386
166,115
230,933
(3,038)
35,650
1,993
20,554
(11,000)
(4,216)
(321)
(10,576)
479,677
192,325
(16,439)
55,626
(789)
25,559
(488)
(211,376)
229,804
146,886
(30,174)
46,249
1,914
8,168
(295)
(108,789)
230,074
investing activities
Business acquisitions (net of cash acquired) (note 16)
Proceeds from sale of assets and businesses (net of cash disposed) (note 16)
Proceeds from sale of investment in an entity subject to signicant inuence (note 16)
Proceeds from sale of right (note 13)
Purchase of capital assets
Proceeds from disposal of capital assets
Contract costs
Reimbursement of contract costs upon termination of a contract
Additions to nite-life intangibles and other long-term assets
Proceeds from disposal of nite-life intangibles
Decrease in other long-term assets
Cash used in continuing investing activities
(66,229)
29,521
20,849
11,000
(25,314)
6,663
(27,304)
15,300
(88,000)
5,251
13,018
(105,245)
(589,678)
87,503
(59,829)
4,738
(76,260)
(84,696)
17,595
(700,627)
(233,512)
(61,226)
(29,211)
(149,951)
10,321
(463,579)
financing activities
Increase in credit facilities (note 8)
Repayment of credit facilities
Increase in other long-term debt
Repayment of other long-term debt
Repurchase of Class A subordinate shares
Issuance of shares (net of share issue costs) (note 9)
Cash (used in) provided by continuing financing activities
190,000
(397,578)
(16,705)
(109,456)
4,551
(329,188)
240,534
(219,000)
257,604
(26,451)
330,996
583,683
219,000
2,471
(22,220)
6,451
205,702
operating activities
Net earnings from continuing operations
Adjustments for:
Amortization (note 12)
Deferred credits
Future income taxes (note 14)
Foreign exchange loss (gain)
Stock-based compensation expense
Sale of right (note 13)
Gain on sale of investment in an entity subject to signicant inuence (note 16)
Entity subject to signicant inuence
Net change in non-cash working capital items (note 19)
Cash provided by continuing operating activities
(6,167)
39,077
759
200,623
240,459
186
113,046
4,068
83,509
200,623
917
(26,886)
6,174
104,221
83,509
57