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ROGERS COMMUNICATIONS INC filed this Form F-10 on 04/23/2018
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The following earnings coverage ratios and associated financial information have been calculated on a consolidated basis for the 12-month periods ended December 31, 2017 and March 31, 2018 based on our financial statements for the respective periods, which have been prepared in accordance with IFRS.

12 Months Ended
December 31, 2017
12 Months Ended
March 31, 2018
Earnings before borrowing costs and income taxes(1)
$3,265 million
$3,409 million
Borrowing cost requirements(2)
$752 million
$753 million
Earnings coverage ratio(1)(3)

Effective January 1, 2018, we adopted IFRS 15, Revenue from contracts with customers, as discussed in Note 2 to our unaudited interim condensed consolidated financial statements as at March 31, 2018 and for the three months ended March 31, 2018 and 2017.  For purposes of calculating earnings before borrowing costs and income taxes in the above table, 2017 reported figures have been restated applying IFRS 15. For further information, see "Other Information -- Consolidated financial results -- quarterly summary" in our management's discussion and analysis for the three months ended March 31, 2018.

Borrowing cost requirements refers to our aggregate interest in respect of our financial liabilities, including deferred financing fees, for the applicable period.

Earnings coverage ratio refers to the ratio of (i) our earnings before borrowing costs and income taxes and (ii) our borrowing cost requirements for the applicable period.

The information presented above is historical and does not give effect to the issuance of debt securities that may be distributed pursuant to this prospectus (since the terms of such debt securities are not presently known) or the issuance or repayment of any other financial liabilities that have been issued or repaid subsequent to the periods presented. Earnings coverage ratios adjusted to give effect to the issuance of any debt securities being distributed and to reflect such other adjustments as may be required by applicable Canadian securities law requirements will be presented for the prescribed periods in the applicable prospectus supplement. The earnings coverage ratio set out above does not purport to be indicative of earnings coverage ratios for any future periods.


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