The recoverable amounts of these cash generating units were lower in
2012 than 2011 mainly due to the decline in advertising revenue in
certain markets.
NOTE 14: INVESTMENTS
2013 2012
Publicly traded companies $ 809 $ 624
Private companies 103 231
Available-for-sale investments 912 855
Investments in joint arrangements and associates 575 629
$ 1,487 $ 1,484
Publicly Traded Companies
We hold interests in a number of publicly traded companies. This year
we recorded unrealized gains of $186 million (2012 – $225 million of
unrealized losses) with a corresponding increase in other comprehensive
income.
2013 ANNUAL REPORT ROGERS COMMUNICATIONS INC. 109