QUEBECOR MEDIA INC (ifrs-full:DisclosureOfOperatingSegmentsExplanatory)

Years ended December 31, 2017, 2016 and 2015

(in millions of Canadian dollars)

	Telecommunications		Media		Sports and Entertainment		Head Office and Intersegments				Total
											2017

Revenues	$	3,285.1	$	769.9	$	181.3	$	(113.9		)	$	4,122.4

Employee costs	388.8		232.0		37.6		47.8				706.2
Purchase of goods and services	1,362.3		468.6		137.5		(147.6			)	1,820.8

Adjusted operating income1	1,534.0		69.3		6.2		(14.1			)	1,595.4

Depreciation and amortization											709.8
Financial expenses											283.4
Loss on valuation and translation of financial instruments											2.4
Restructuring of operations, litigation and other items											17.2
Gain on sale of spectrum licences											(330.9		)
Impairment of goodwill and other assets											43.8
Loss on debt refinancing											15.6

Income before income taxes											$	854.1


Additions to property, plant and equipment	$	574.4	$	29.4	$	1.3	$		0.2		$	605.3
Additions to intangible assets	132.3		3.3		4.3		2.0				141.9

Years ended December 31, 2017, 2016 and 2015

(in millions of Canadian dollars)

	Telecommunications		Media		Sports and Entertainment		Head Office and Intersegments			Total
										2016

Revenues	$	3,151.8	$	789.2	$	185.0	$	(109.4	)	$	4,016.6

Employee costs	379.7		242.4		38.3		47.5			707.9
Purchase of goods and services	1,322.7		492.9		144.4		(149.1		)	1,810.9

Adjusted operating income1	1,449.4		53.9		2.3		(7.8		)	1,497.8

Depreciation and amortization										650.4
Financial expenses										302.9
Loss on valuation and translation of financial instruments										2.1
Restructuring of operations, litigation and other items										28.5
Impairment of goodwill and other assets										40.9
Loss on debt refinancing										7.3

Income before income taxes										$	465.7


Additions to property, plant and equipment	$	666.8	$	37.2	$	3.5	$	0.1		$	707.6
Additions to intangible assets	125.6		7.5		3.5		3.2			139.8

Years ended December 31, 2017, 2016 and 2015

(in millions of Canadian dollars)

	Telecommunications		Media		Sports and Entertainment			Head Office and Intersegments			Total
											2015

Revenues	$	3,007.0	$	812.7	$	187.6		$	(116.5	)	$	3,890.8

Employee costs	359.4		257.6		38.7			38.7			694.4
Purchase of goods and services	1,261.8		495.0		150.5			(151.7		)	1,755.6

Adjusted operating income1	1,385.8		60.1		(1.6		)	(3.5		)	1,440.8

Depreciation and amortization											691.0
Financial expenses											309.2
Loss on valuation and translation of financial instruments											3.8
Restructuring of operations, litigation and other items											(117.2		)
Impairment of goodwill and other assets											230.7
Loss on debt refinancing											12.1

Income before income taxes											$	311.2


Additions to property, plant and equipment	$	630.2	$	35.2	$	12.8		$	0.2		$	678.4
Additions to intangible assets	312.3		6.8		37.1			4.4			360.6

The Chief Executive Officer uses adjusted operating income as the measure of profit to assess the performance of each segment. Adjusted operating income is referred to as a non-International Financial Reporting Standards (“IFRS”) measure and is defined as net income before depreciation and amortization, financial expenses, loss on valuation and translation of financial instruments, restructuring of operations, litigation and other items, gain on sale of spectrum licences, impairment of goodwill and other assets, loss on debt refinancing, income taxes and income (loss) from discontinued operations.

QUEBECOR MEDIA INC | CIK:0001156831 |

ifrs-full:DisclosureOfOperatingSegmentsExplanatory