SEDAR Interim Financial Statements

[
  {
    "companyName": "Quebecor Inc.",
    "reportingPeriodEnd": "2025-09-30",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "2025-09-30": {
        "cash": 289.4,
        "restrictedCash": 44.5,
        "accountsReceivable": 1076.6,
        "contractAssets": 107.3,
        "incomeTaxes": 26.6,
        "inventories": 400.5,
        "otherCurrentAssets": 180.2,
        "totalCurrentAssets": 2080.6,
        "propertyPlantAndEquipment": 3270.9,
        "intangibleAssets": 3443.1,
        "rightOfUseAssets": 362.4,
        "goodwill": 2713.4,
        "derivativeFinancialInstruments": 97.1,
        "deferredIncomeTaxes": 39.7,
        "otherAssets": 784.7,
        "totalNonCurrentAssets": 10711.3,
        "totalAssets": 12791.9,
        "bankIndebtedness": 0,
        "accountsPayableAccruedChargesAndProvisions": 1048.9,
        "deferredRevenue": 381.5,
        "deferredSubsidies": 44.5,
        "incomeTaxes": 77.8,
        "currentPortionOfLongTermDebt": 707.1,
        "currentPortionOfLeaseLiabilities": 108.6,
        "totalCurrentLiabilities": 2368.4,
        "longTermDebt": 6379.9,
        "leaseLiabilities": 290,
        "derivativeFinancialInstruments": 10.9,
        "deferredIncomeTaxes": 839.6,
        "otherLiabilities": 319.7,
        "totalNonCurrentLiabilities": 7840.1,
        "totalLiabilities": 10208.5,
        "capitalStock": 1023.2,
        "contributedSurplus": 19.6,
        "retainedEarnings": 1431.2,
        "accumulatedOtherComprehensiveIncome": 7.6,
        "equityAttributableToShareholders": 2481.6,
        "nonControllingInterests": 101.8,
        "totalEquity": 2583.4,
        "cashPerShare": 1.2572,
        "workingCapitalPerShare": -1.2504
      },
      "2024-12-31": {
        "cash": 96,
        "restrictedCash": 34.2,
        "accountsReceivable": 1208.9,
        "contractAssets": 139.6,
        "incomeTaxes": 32.6,
        "inventories": 440.1,
        "otherCurrentAssets": 185.1,
        "totalCurrentAssets": 2102.3,
        "propertyPlantAndEquipment": 3302.7,
        "intangibleAssets": 3486.9,
        "rightOfUseAssets": 376.7,
        "goodwill": 2713.4,
        "derivativeFinancialInstruments": 148.4,
        "deferredIncomeTaxes": 24.7,
        "otherAssets": 843.6,
        "totalNonCurrentAssets": 10896.4,
        "totalAssets": 12998.7,
        "bankIndebtedness": 6.7,
        "accountsPayableAccruedChargesAndProvisions": 1167,
        "deferredRevenue": 376.7,
        "deferredSubsidies": 34.2,
        "incomeTaxes": 46.5,
        "currentPortionOfLongTermDebt": 400,
        "currentPortionOfLeaseLiabilities": 107.2,
        "totalCurrentLiabilities": 2138.3,
        "longTermDebt": 7182.2,
        "leaseLiabilities": 302.5,
        "derivativeFinancialInstruments": 7.2,
        "deferredIncomeTaxes": 814.7,
        "otherLiabilities": 289.1,
        "totalNonCurrentLiabilities": 8595.7,
        "totalLiabilities": 10734,
        "capitalStock": 1041.2,
        "contributedSurplus": 17.4,
        "retainedEarnings": 1143.6,
        "accumulatedOtherComprehensiveIncome": -45,
        "equityAttributableToShareholders": 2157.2,
        "nonControllingInterests": 107.5,
        "totalEquity": 2264.7,
        "cashPerShare": 0.4139,
        "workingCapitalPerShare": -0.1552
      }
    },
    "incomeStatement": {
      "threeMonthsEnded2025-09-30": {
        "revenues": 1405.5,
        "employeeCosts": 180.2,
        "purchaseOfGoodsAndServices": 597.2,
        "depreciationAndAmortization": 213.6,
        "financialExpenses": 85,
        "restructuringImpairmentOfAssetsAndOther": 8,
        "gainOnValuationAndTranslationOfFinancialInstruments": null,
        "incomeBeforeIncomeTaxes": 321.5,
        "currentIncomeTaxes": 57,
        "deferredIncomeTaxes": 25.8,
        "totalIncomeTaxes": 82.8,
        "netIncome": 238.7,
        "netIncomeAttributableToShareholders": 236.1,
        "nonControllingInterests": 2.6,
        "basicEarningsPerShare": 1.03,
        "dilutedEarningsPerShare": 1.02,
        "weightedAverageNumberOfSharesOutstanding": 229.3,
        "weightedAverageNumberOfDilutedShares": 231.2
      },
      "threeMonthsEnded2024-09-30": {
        "revenues": 1389.7,
        "employeeCosts": 195.1,
        "purchaseOfGoodsAndServices": 600.5,
        "depreciationAndAmortization": 232.9,
        "financialExpenses": 100.6,
        "restructuringImpairmentOfAssetsAndOther": 5.1,
        "gainOnValuationAndTranslationOfFinancialInstruments": null,
        "incomeBeforeIncomeTaxes": 255.5,
        "currentIncomeTaxes": 55.3,
        "deferredIncomeTaxes": 10.3,
        "totalIncomeTaxes": 65.6,
        "netIncome": 189.9,
        "netIncomeAttributableToShareholders": 189,
        "nonControllingInterests": 0.9,
        "basicEarningsPerShare": 0.81,
        "dilutedEarningsPerShare": 0.81,
        "weightedAverageNumberOfSharesOutstanding": 234.3,
        "weightedAverageNumberOfDilutedShares": 234.7
      },
      "nineMonthsEnded2025-09-30": {
        "revenues": 4129,
        "employeeCosts": 573.9,
        "purchaseOfGoodsAndServices": 1772.3,
        "depreciationAndAmortization": 642.7,
        "financialExpenses": 263.5,
        "restructuringImpairmentOfAssetsAndOther": 18.7,
        "gainOnValuationAndTranslationOfFinancialInstruments": null,
        "incomeBeforeIncomeTaxes": 857.9,
        "currentIncomeTaxes": 215.3,
        "deferredIncomeTaxes": 3.4,
        "totalIncomeTaxes": 218.7,
        "netIncome": 639.2,
        "netIncomeAttributableToShareholders": 644.5,
        "nonControllingInterests": -5.3,
        "basicEarningsPerShare": 2.8,
        "dilutedEarningsPerShare": 2.78,
        "weightedAverageNumberOfSharesOutstanding": 230.2,
        "weightedAverageNumberOfDilutedShares": 232.1
      },
      "nineMonthsEnded2024-09-30": {
        "revenues": 4139.4,
        "employeeCosts": 571.5,
        "purchaseOfGoodsAndServices": 1789.4,
        "depreciationAndAmortization": 706.7,
        "financialExpenses": 317.6,
        "restructuringImpairmentOfAssetsAndOther": 14.3,
        "gainOnValuationAndTranslationOfFinancialInstruments": -15.5,
        "incomeBeforeIncomeTaxes": 755.4,
        "currentIncomeTaxes": 202.1,
        "deferredIncomeTaxes": -10.8,
        "totalIncomeTaxes": 191.3,
        "netIncome": 564.1,
        "netIncomeAttributableToShareholders": 569.8,
        "nonControllingInterests": -5.7,
        "basicEarningsPerShare": 2.46,
        "dilutedEarningsPerShare": 2.46,
        "weightedAverageNumberOfSharesOutstanding": 231.9,
        "weightedAverageNumberOfDilutedShares": 232.3
      }
    },
    "cashFlowStatement": {
      "threeMonthsEnded2025-09-30": {
        "netIncome": 238.7,
        "depreciationOfPropertyPlantAndEquipment": 127.9,
        "amortizationOfIntangibleAssets": 52.3,
        "depreciationOfRightOfUseAssets": 33.4,
        "gainOnValuationAndTranslationOfFinancialInstruments": null,
        "impairmentOfAssets": 3.6,
        "amortizationOfFinancingCosts": 2.1,
        "shareOfResultsInAssociates": -0.1,
        "deferredIncomeTaxes": 25.8,
        "other": 0.5,
        "netChangeInNonCashBalancesRelatedToOperatingActivities": 97.6,
        "cashFlowsProvidedByOperatingActivities": 581.8,
        "capitalExpenditures": -138.3,
        "deferredSubsidiesUsedReceivedToFinanceCapitalExpenditures": -4.6,
        "acquisitionOfSpectrumLicences": null,
        "businessAcquisition": null,
        "proceedsFromDisposalsOfAssets": 0.4,
        "acquisitionsOfInvestmentsAndOther": 0.8,
        "cashFlowsUsedInInvestingActivities": -141.7,
        "netChangeInBankIndebtedness": -3.4,
        "netChangeUnderRevolvingFacilitiesNetOfFinancingCosts": -59.4,
        "issuanceOfLongTermDebtNetOfFinancingCosts": null,
        "repaymentOfLongTermDebt": null,
        "settlementOfHedgingContracts": null,
        "repaymentOfLeaseLiabilities": -33.3,
        "issuanceOfClassBShares": 5.3,
        "repurchaseOfClassBShares": -49.3,
        "dividends": -80.7,
        "cashFlowsUsedInFinancingActivities": -220.8,
        "netChangeInCashCashEquivalentsAndRestrictedCash": 219.3,
        "cashCashEquivalentsAndRestrictedCashAtBeginningOfPeriod": 70.1,
        "cashCashEquivalentsAndRestrictedCashAtEndOfPeriod": 289.4
      },
      "threeMonthsEnded2024-09-30": {
        "netIncome": 189.9,
        "depreciationOfPropertyPlantAndEquipment": 139.4,
        "amortizationOfIntangibleAssets": 62.1,
        "depreciationOfRightOfUseAssets": 31.4,
        "gainOnValuationAndTranslationOfFinancialInstruments": null,
        "impairmentOfAssets": 1.4,
        "amortizationOfFinancingCosts": 2.4,
        "shareOfResultsInAssociates": -0.7,
        "deferredIncomeTaxes": 10.3,
        "other": -0.6,
        "netChangeInNonCashBalancesRelatedToOperatingActivities": 110.6,
        "cashFlowsProvidedByOperatingActivities": 546.2,
        "capitalExpenditures": -172.2,
        "deferredSubsidiesUsedReceivedToFinanceCapitalExpenditures": null,
        "acquisitionOfSpectrumLicences": null,
        "businessAcquisition": null,
        "proceedsFromDisposalsOfAssets": null,
        "acquisitionsOfInvestmentsAndOther": -17.6,
        "cashFlowsUsedInInvestingActivities": -189.8,
        "netChangeInBankIndebtedness": 3.6,
        "netChangeUnderRevolvingFacilitiesNetOfFinancingCosts": -163.6,
        "issuanceOfLongTermDebtNetOfFinancingCosts": null,
        "repaymentOfLongTermDebt": null,
        "settlementOfHedgingContracts": null,
        "repaymentOfLeaseLiabilities": -32.8,
        "issuanceOfClassBShares": null,
        "repurchaseOfClassBShares": -41.1,
        "dividends": -76.2,
        "cashFlowsUsedInFinancingActivities": -310.1,
        "netChangeInCashCashEquivalentsAndRestrictedCash": 46.3,
        "cashCashEquivalentsAndRestrictedCashAtBeginningOfPeriod": 45.1,
        "cashCashEquivalentsAndRestrictedCashAtEndOfPeriod": 91.4
      },
      "nineMonthsEnded2025-09-30": {
        "netIncome": 639.2,
        "depreciationOfPropertyPlantAndEquipment": 381.4,
        "amortizationOfIntangibleAssets": 164,
        "depreciationOfRightOfUseAssets": 97.3,
        "gainOnValuationAndTranslationOfFinancialInstruments": null,
        "impairmentOfAssets": 5.1,
        "amortizationOfFinancingCosts": 6.8,
        "shareOfResultsInAssociates": -8.7,
        "deferredIncomeTaxes": 3.4,
        "other": -1.5,
        "netChangeInNonCashBalancesRelatedToOperatingActivities": 253,
        "cashFlowsProvidedByOperatingActivities": 1540,
        "capitalExpenditures": -484.5,
        "deferredSubsidiesUsedReceivedToFinanceCapitalExpenditures": 10.3,
        "acquisitionOfSpectrumLicences": null,
        "businessAcquisition": null,
        "proceedsFromDisposalsOfAssets": 1.1,
        "acquisitionsOfInvestmentsAndOther": 2,
        "cashFlowsUsedInInvestingActivities": -471.1,
        "netChangeInBankIndebtedness": -6.7,
        "netChangeUnderRevolvingFacilitiesNetOfFinancingCosts": null,
        "issuanceOfLongTermDebtNetOfFinancingCosts": null,
        "repaymentOfLongTermDebt": -400,
        "settlementOfHedgingContracts": null,
        "repaymentOfLeaseLiabilities": -93.5,
        "issuanceOfClassBShares": 6.6,
        "repurchaseOfClassBShares": -140,
        "dividends": -241.9,
        "cashFlowsUsedInFinancingActivities": -875.5,
        "netChangeInCashCashEquivalentsAndRestrictedCash": 193.4,
        "cashCashEquivalentsAndRestrictedCashAtBeginningOfPeriod": 96,
        "cashCashEquivalentsAndRestrictedCashAtEndOfPeriod": 289.4
      },
      "nineMonthsEnded2024-09-30": {
        "netIncome": 564.1,
        "depreciationOfPropertyPlantAndEquipment": 423.3,
        "amortizationOfIntangibleAssets": 190.1,
        "depreciationOfRightOfUseAssets": 93.3,
        "gainOnValuationAndTranslationOfFinancialInstruments": -15.5,
        "impairmentOfAssets": 11.8,
        "amortizationOfFinancingCosts": 7.1,
        "shareOfResultsInAssociates": -8.5,
        "deferredIncomeTaxes": -10.8,
        "other": -0.6,
        "netChangeInNonCashBalancesRelatedToOperatingActivities": 72.3,
        "cashFlowsProvidedByOperatingActivities": 1326.6,
        "capitalExpenditures": -509.7,
        "deferredSubsidiesUsedReceivedToFinanceCapitalExpenditures": 37,
        "acquisitionOfSpectrumLicences": -298.9,
        "businessAcquisition": -7,
        "proceedsFromDisposalsOfAssets": 0.5,
        "acquisitionsOfInvestmentsAndOther": -33,
        "cashFlowsUsedInInvestingActivities": -811.1,
        "netChangeInBankIndebtedness": 3,
        "netChangeUnderRevolvingFacilitiesNetOfFinancingCosts": -380.8,
        "issuanceOfLongTermDebtNetOfFinancingCosts": 992.6,
        "repaymentOfLongTermDebt": -825.3,
        "settlementOfHedgingContracts": 163,
        "repaymentOfLeaseLiabilities": -92.7,
        "issuanceOfClassBShares": null,
        "repurchaseOfClassBShares": -68.8,
        "dividends": -226.2,
        "cashFlowsUsedInFinancingActivities": -435.2,
        "netChangeInCashCashEquivalentsAndRestrictedCash": 80.3,
        "cashCashEquivalentsAndRestrictedCashAtBeginningOfPeriod": 11.1,
        "cashCashEquivalentsAndRestrictedCashAtEndOfPeriod": 91.4
      }
    },
    "investmentsAndOtherAssets": [],
    "shareStructure": {
      "authorizedShares": "unlimited",
      "issuedShares": 228694048,
      "classesOfShares": ["Class A Multiple Voting Shares", "Class B Subordinate Voting Shares"],
      "warrants": [],
      "options": [],
      "rightsConvertibleInstruments": null
    },
    "managementCompensation": null,
    "subsequentEvents": [
      {
        "eventDate": "2025-10-21",
        "description": "Videotron announced the pricing of its $800.0 million aggregate principal amount of 3.950% Senior Notes due October 15, 2032.",
        "impactValue": 800
      }
    ]
  }
]