ROGERS COMMUNICATIONS INC
For the period ended Dec 31, 2024. Filed Mar 6, 2025.
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The yearly report of certain Canadian companies, filed under a joint US and Canadian system. It is the main yearly account these companies give US investors, largely as filed in Canada.
FY2024 · Filed Mar 6, 2025
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Contents
EX-99.3 · SUMMARY OF COMMITMENTS
SUMMARY OF COMMITMENTS
Below is a summary of the future minimum payments for our contractual commitments that are not recognized as liabilities as at December 31, 2024.
| Less than · After | |||||
|---|---|---|---|---|---|
| (In millions of dollars) | 1 Year | 1-3 Years | 4-5 Years | 5 Years | Total |
| Player contracts 1 | 190 | 206 | 109 | — | 505 |
| Purchase obligations 2 | 635 | 781 | 494 | 924 | 2,834 |
| Program rights 3 | 856 | 921 | 586 | 1,082 | 3,445 |
| Total commitments | 1,681 | 1,908 | 1,189 | 2,006 | 6,784 |
1 Toronto Blue Jays players' salary contracts into which we have entered and are contractually obligated to pay.
2 Contractual obligations under service, product, and wireless device contracts to which we have committed.
3 Agreements into which we have entered to acquire broadcasting rights for periods in excess of one year at contract inception.
Below is a summary of our other contractual commitments that are not included in the table above.
| (In millions of dollars) | 2024 |
|---|---|
| Acquisition of property, plant and equipment | 611 |
| Our share of commitments related to associates and joint ventures | 432 |
| Total other commitments | 1,043 |
We also have a commitment to acquire Bell's indirect 37.5% ownership stake in MLSE for a purchase price of $4.7 billion subject to certain adjustments (see note 20).
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