O U R B U S I N E S A T  A G L A N C E Ro ge gers rs C om mu ni nica ca ti on s In c. . i s  a a  di ve rs ified Canadi an  tel ec ommu nica tion s an and d me m di a  co mp an a y. Ro ge rs Wi re e le ss i is  s  Ca C na da a ’s s l la ar ge g st  wir eles s  vo ice  and  da ta  telecom munica ti on s  se e rv ic es e p rovi de r  r an and d th t e  co un n tr y’ s s  on ly y n at atio io i nal  carr ier  operat ing on the  combined  wo rld stan dard  GSM M /H SP S A+ A /L L TE te ch c no o lo o gy p la latf or ms . R Ro Roge rs Ca bl e  i s a le ading Ca nadian cable ser vices  prov ider,  of feri ng g h ig h- sp ee e d In I te rn n et t a acc cc es s, c ab le l  tel evis io n,  a nd  t elep hony products, and together wi th Rog ers Bu sine ss S Sol ol ut ions , pr ov id d es e es b b us in n es s te t le co m,  n etwo rk ing, hosting, managed services and IP solu ti on s  to s ma ll ,  me di um an d la l rg r e  en n te r rp ri se , go ve rnme nt  and carrier customers. Rogers  Media  is Canada ’s pre mi er  g ro up of f c at eg or ry- y- y-le l le ad in g br oa dc as t, specialty, print and  online media ass ets, with businesses  i n  ra di o  an d  te tele levi si on n b road ca st in g, t el evised shopping,  sports entertainment, magaz ine and trade jo ur na l  pu bl is hi ng g an a d  di gi ta l  l me di a.  We  ar e publicly traded  on both the TSX and NYSE stock  exchanges and a re  inc lu de d in i  t he e S &P & /T SX  6 0 In de x of the largest publicly traded companies in Canada. D E L I V E R I ING  ON  OUR COMMITMENTS  IN 2 013 FREE CASH FLOW  GENERATION DIVIDEND GROWTH OPERATING  EFFICIENCIES FAST AND RELIABLE  NETWORKS $_{WHAT WE SAID:}$ Deliver another  year of significant consolidated  pre-tax free cash flow. $_{WHAT WE DID:}$  Generated $2.0 billion of pre-tax free cash  flow in 2013, supporting the  significant investments and cash  we returned to shareholders  during the year. $_{WHAT WE SAID:}$  Increase cash returns to shareholders  consistently over time. $_{WHAT WE DID:}$  Increased the  annualized dividend per share 10% from $1.58 to $1.74 in 2013.  Further increased the dividend by 5% to $1.83 in February 2014. $_{WHAT WE SAID:}$  Implement productivity improvement  initiatives to capture sustainable  operating efficiencies. $_{WHAT WE DID:}$  Reduced operating  expenses for the combined Wireless  and Cable segments, excluding the  cost of wireless equipment sales, by  approximately 1% from 2012 levels. $_{WHAT WE SAID:}$  Maintain Rogers leadership in network  technology and innovation. $_{WHAT WE DID:}$  Rogers was named both the fastest wireless  network and the fastest broadband ISP in Canada by PCMag.com. $_{WHAT WE SAID: }$Generate double-digit wireless and  broadband data growth consistent  with our data usage monetization  strategy. $_{WHAT WE DID:}$  Grew wireless and broadband data revenues by  17% and 16%, respectively over 2012 levels. $_{WHAT WE SAID:}$  Continue the  growth in our smartphone  subscriber base to drive wireless  data revenue and ARPU. $_{WHAT WE DID:}$  Activated nearly  2.7 million smartphones, helping  bring smartphone penetration  to 75% of postpaid subscriber  base. $_{WHAT WE SAID:}$  Invest in the  evolution of our current TV  platform and extend our video  offerings to new platforms. $_{WHAT WE DID:}$  Launched NextBox  3.0 delivering a superior TV  experience and leveraged the  success of Rogers AnyPlace TV, our Internet and mobile  on-demand TV service. $_{WHAT WE SAID:}$  We will make  strategic investments to expand  and strengthen the core  business. $_{WHAT WE DID:}$  Executed  strategic acquisitions including  Mountain Cable, data centre and  hosting assets, theScore and  valuable, high profile sports  content. DATA REVENUE  GROWTH HIGHER VALUE WIRELESS SUBSCRIBERS EVOLVE AND ENHANCE  TELEVISION PLATFORM ENHANCE AND STRENGTHEN  THE CORE BUSINESS CO O NT EN TS 4 Str ate te gic c Ob jec je tiv es  and nd Va V lue l  Dr ive rs 2 Let et ter er s t s o o S har eh old olders ers e 5 Why W  In ves t i ti n R oge og rs 6 Con nec n t L ike ke Ne e ver ve Be fore 16 Cor Corpor por a ate  So cia i l R esp ons on ibi ib lit y 18 Cor Corpor por ate Go G vernan ce 20 0 Dir Di ect ors an d S eni en or Exe cut ive e Of Of fice fic rs 24 Management’s Discussion and Analysis 88 Man agement’s Responsibility for  Financial Re porting 88 Ind ependent Aud itors’ Report o f  Reg ist ere d P ubl ic Accountin g F irm 89 Con sol ida ted  State ments  of  Inc ome 90 Con sol so s ida da ted State men ts  of  Com pre hen siv e I e  nco o me 91 Con solidated  St ate men n ts of  of Financ ial Po sit ion 92 Con sol ida ted  St ate men me m ts  of Cha nge s i n S S har eho eh lde rs’ Eq uit it y 93 Con sol ol ida da ted St S ate men en ts ts of  of  Cas C h F h low s 94 4 Not es  es to  to Consol ida da ted d Fi nan cia c l St Sta tem t ent s 126 Cor por r ate ate an an d S har h eho eh lde r I nfo fo rma tio tion n