MANAGEMENT’S DISCUSSION AND ANALYSIS SUMMARY OF FINANCIAL RESULTS OF LONG-TERM DEBT GUARANTOR Our outstanding public debt, $2.5 billion bank credit and letter of credit facilities and Derivatives are unsecured obligations of RCI, as obligor, and Rogers Communications Partnership (RCP), as either co-obligor or guarantor, as applicable. The following table sets forth the selected unaudited consolidating summary financial information for RCI for the periods identified below, presented with a separate column for: (i) RCI, (ii) RCP, (iii) our non- guarantor subsidiaries (Other Subsidiaries) on a combined basis, (iv) consolidating adjustments, and (v) the total consolidated amounts. 1 For the purposes of this table, investments in subsidiary companies are accounted for by the equity method. 2 Amounts recorded in current liabilities and non-current liabilities for RCP do not include any obligations arising as a result of being a guarantor or co-obligor, as the case may be, under any of RCI’s long-term debt. 86 ROGERS COMMUNICATIONS INC. 2013 ANNUAL REPORT Years ended December 31 (unaudited) RCI 1, 2 RCP 1, 2 Other Subsidiaries 1, 2 Consolidating Adjustments 1, 2 Total (In millions of dollars) 2013 2012 2013 2012 2013 2012 2013 2012 2013 2012 Selected Statement of Income data measures: Revenue $ 14 $ 5 $ 11,028 $ 10,970 $ 1,822 $ 1,666 $ (158) $ (155) $ 12,706 $ 12,486 Operating income (loss) (207) (166) 3,129 2,959 75 44 (71) (71) 2,926 2,766 Net income (loss) 1,670 1,693 3,093 2,929 772 778 (3,866) (3,707) 1,669 1,693 As at period end December 31 (unaudited) RCI 1, 2 RCP 1, 2 Other Subsidiaries 1, 2 Consolidating Adjustments 1, 2 Total (In millions of dollars) 2013 2012 2013 2012 2013 2012 2013 2012 2013 2012 Selected Balance Sheet data measures: Current assets $ 16,592 $ 1,682 $ 11,035 $ 8,209 $ 3,594 $ 1,905 $ (26,900) $ (9,575) $ 4,321 $ 2,221 Non-current assets 19,464 27,388 12,731 12,232 21,678 6,642 (34,593) (28,865) 19,280 17,397 Current liabilities 14,853 9,717 3,014 2,776 15,269 1,129 (28,530) (10,620) 4,606 3,002 Non-current liabilities 13,018 12,082 293 438 1,186 179 (171) 149 14,326 12,848