as a result of breaches of representations and warranties, loss or
damages to property, changes in laws and regulations (including tax
legislation) or litigation against the counterparties.
Indemnifications
We indemnify our directors, officers and employees against claims
reasonably incurred and resulting from the performance of their services
to Rogers. We have liability insurance for our directors and officers and
those of our subsidiaries.
We are unable to make a reasonable estimate of the maximum
potential amount we would be required to pay to counterparties. The
amount also depends on the outcome of future events and conditions,
which cannot be predicted. No amount has been accrued in the
consolidated statements of financial position relating to these types of
indemnifications or guarantees at December 31, 2013 or 2012.
Historically, we have not made any significant payments under these
indemnifications or guarantees.
2013 ANNUAL REPORT ROGERS COMMUNICATIONS INC. 123