FORM 6-K SECURITIES AND EXCHANGE ~~COMMISSION Washington~~COMMISSIONWashington, D.C. ~~20549~~20549REPORT ~~REPORT~~ OF FOREIGN PRIVATE ~~ISSUER~~ISSUERPURSUANT ~~PURSUANT~~ TO RULE 13a-16 OR 15d-16 OF ~~THE~~THESECURITIES ~~SECURITIES~~ EXCHANGE ACT OF ~~1934~~1934FOR ~~FOR~~ THE MONTH OF ~~NOVEMBER~~MAY ~~2002~~2003 CF CABLE TV INC. (Name of Registrant) 300 Viger Avenue East, Montreal, Canada, H2X 3W4(Address of principal executive offices) [Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.]

Form 20-F ~~___~~|_| Form 40-F ~~___~~|_|

[Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g 3-2(b) under the Securities Exchange Act of 1934.]

Yes ~~___~~|_| No ~~_X_~~|X|

[If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g 3-2(b): 82-____________.]

CF CABLE TV INC.
Filed in this Form 6-K

Documents index

1. Unaudited Consolidated Financial Statements of CF Cable TV Inc. for the quarter ended ~~September~~March 3031, ~~2002~~2003; and Report to bondholders (Management Discussion and Analysis for the quarter ended ~~September~~March 3031, ~~2002~~2003).

Unaudited financial information Form 6-K* for the quarter ended ~~September~~March 3031, ~~2002 October 22, 2002~~2003

~~HIGHLIGHTS~~* ~~FINANCIAL~~This ~~DATA~~document has not been filed with the U.S. Securities and Exchange Commission (SEC) but has been delivered to the SEC for informational purposes only.

	Nine months ended
	September 30, 2002		September 30, 2001
(in thousands of Canadian dollars)			(restated)
INCOME STATEMENT
Gross revenue	$	121,162	$	126,440
Operating income before depreciation and amortization	$	42,679	$	51,921
Net income (net loss)	$	13,712	$	(71	)
CASH FLOWS
Cash flows from operating activities	$	37,895	$	22,498
Capital expenditures	$	10,124	$	16,888

May 26, 2003

~~SUBSCRIBERS~~Highlights Three months ended March 31 FINANCIAL HIGHLIGHTS


(in thousands of Canadian dollars)	2003		2002		Change
Basic services			428,598		450,656
Revenues	$	38,997	$	41,122	-5.2	%
Extended basic tier services			343,599		365,094
EBITDA	$	12,250	$	15,264	-19.7	%
Pay-television services			37,807		35,729
Depreciation and amortisation	$	4,942	$	4,902	0.8	%
Digital television services			33,615		19,014
Operating income	$	7,308	$	10,362	-29.5	%
Net income	$	11,772	$	5,029	134.1	%
Cash flows from operating activities	$	2,176	$	2,494	-12.8	%
Capital expenditures	$	2,809	$	3,194	-12.1	%

~~REPORT~~OPERATIONAL TO BONDHOLDERS Consolidated gross revenue for the three-month period ended September 30, 2002 was $39,550,000 compared to $42,127,000 in the corresponding quarter of 2001. For nine-month period ended September 30, 2002, operating revenue amounted to $ 121,162,000 compared to $ 126,440,000 for the same period last year. The decrease in the third quarter and nine-month period result mainly from the loss of 22 058 basic services subscribers from Q3-2001 to Q3-2002 and to special rebates to customers affected by temporary interruption of service due to the labor dispute since May 8, 2002. Net income for the third quarter ended September 30, 2002 was $299,000 as compared to a net loss of $7,641,000 in the same quarter of 2001. The Company recorded a net income of $13,712,000 during the nine-month period ended September 30, 2002 compared to a net loss of $71,000 in the same period of 2001. The improvement in earnings resulted mainly from lower interest on long-term debt, favourable exchange gain or loss when compared with last year periods. Lower revenues and increases in direct costs offset part of those savings. Gross profit margins for the nine-month period ended September 30 fell to 70.0 % from 72.3 %, a decrease of 2.3 %. This reduction is mainly due to the increase in the monthly programming fees for certain suppliers, to the reduction of the number of subscribers, largely attributable to fierce competition from direct broadcast satellites (DBS) and to special rebates compensating service interruption during the labour strike. Operating and administrative expenses increased to $ 42,074,000 from $ 39,547,000, up $ 2,527,000 or 6.4 % due to the cost of aggressive advertising campaigns focusing on the advantages of digital services features, as well as to the cost of maintaining the company operations since the beginning of the labour strike on May 8, 2002. The Company obtained a reimbursement of network municipal real estate taxes from previous years of $ 2,100,000. Operating income before depreciation and amortization totalled $ 42,679,000 compared to $ 51,921,000 in 2001, a decrease of 17.8 % due to the combined effect of the decrease of revenue and the increase of operating and administrative expenses. Depreciation and amortization totalled $ 14,674,000 compared to $ 15,135,000 in 2001, a decrease of 3.0 %. This reduction is mainly due to the reduction in deferred charges and fixed assets spending in 2002. Financial expenses decreased to $ 8,265,000 compared to $ 20,630,000 for the similar period of last year. The change in interests expense is due to a reduction in long term debt and to the $ 230,000,000 repayment of advances to the parent company in August 2001. In November 2001, the Canadian Institute of Chartered Accountants (CICA) introduced a change in accounting rules (Handbook section 1650) recommending to expense the exchange gain or losses on US dollar denominated debt in net income starting January 2002 with retroactive restatement for comparative figures. As a result of this accounting change, the Company reported an exchange gain of $902,000 for the nine-month period ended in September 2002 compared to an exchange loss of $ 5,268,000 for the same period in 2001 restated financial statements. On February 8, 2002, the Company sold to an affiliated company all its rights and obligations in its internal wire for a total consideration of $ 6,820,000 which represents its fair market value. Since this transaction occurred between companies under common control, the excess of fair value over the carrying value of the assets sold has been credited to deficit. At the end of the third quarter of 2002, the Company had 428,598 subscribers to its basic services, 343,599 of which had opted for extended basic tier services, 37,807 for pay-television services and 33,615 for digital television services. Yvan Gingras Senior Vice-President Finance and Administration CF CABLE TV INC. October 22, 2002HIGHLIGHTS

*Subscribers*	2003			2002

Basic Cable

Basic Subscribers (1)		422,020			438,733		-3.8	%
Home passed (2)		655,958			654,527		0.2	%

% Penetration (3)		64.3	%		67.0	%


Basic Subscribers - Residential (4)		367,835			385,206		-4.5	%

Extended Basic Tier - Residential Subscribers		293,359			310,359		-5.5	%

% Penetration - Residential Basic Subscribers		79.8	%		80.6	%


Digital Cable

Digital Subscribers		40,257			26,673		50.9	%

% Penetration (5)		9.5	%		6.1	%


Number of digital terminals		43,104			28,519		51.1	%

(1)

Basic subscribers are subscribers who received basic cable service and includes analog and digital basic subscribers.

(2)

Homes passed are number of living units, such as residence homes, apartments and condominium units, passed by the cable television distribution network in a given cable system service area to which we offer the named service.

(3)

Represents subscribers as a percentage of homes passed.

(4)

Residential basic subscribers are residential subscribers who received basic cable service and includes analog and digital basic subscribers.

(5)

Represents digital subscribers as a percentage of basic subscribers.

REPORT TO BONDHOLDERS

Consolidated Statements of Income

Consolidated operating revenues for the first quarter ended March 31, 2003 was $39.0 million compared to $41.1 million for the same period last year, a decrease of 5.2% resulting mainly from the loss of 16,713 basic service subscribers from Q1-2002 to Q1-2003. Operating income before depreciation and amortisation (EBITDA) totalled $12.3 million compared to $15.3 million for the first three months of 2002, a decrease of $3.0 million or 19.6%.

Gross profit margins fell to 69.2% from 70.4% for the first quarter, a decrease of 1.2%. This reduction is mainly due to higher penetration rate of our digital service. The reduction in profit margin is also due to the increase in the monthly programming fees.

Operating and administrative expenses increased to $14.7 million from $13.7 million, up by $1.0 million or 7.3%. The increase reflects, among other things, (i) an increase in costs related to call centers as they experienced an increase in the number of calls received for new product information and promotions, and (ii) a basic subscriber base that increased, relative to the basic subscriber base of Videotron, affecting its share of the operating and administrative expenses incurred by Videotron and its subsidiaries on a consolidated basis.

Financial expenses decreased to $2.0 million compared to $3.0 million for the same period last year. This change is mainly due to the repayment of long-term debt and increased interest revenues on receivable from parent company.

Change in exchange rate on US denominated debt generated a non-materialised gain of $8.3 million for the first quarter of 2003 compared $0,2 million for the same period last year, an increase of $8.1 million.

The Company reported a net income of $11.8 million for the first quarter 2003 compared with $5.0 million for the first quarter 2002, an increase of $6.8 million or 136%. The change in results is mainly attributable to exchange gains on US denominated long-term debt in Q1-2003 compared to the same period last year.

Liquidity and Capital Resources

Cash flows from operating activities reached $2.2 million in the first quarter of 2003 compared to $2.5 million in first quarter of the previous year. Cash flows from operations was $1.9 million lower than the previous year due to lower earnings. Non cash operating items were $1.6 million higher than last year due to account receivable from parent company.

Investing activities resulted in cash outflows of $2.8 million in the first quarter of 2003 compared to a cash inflows of $3.8 million in the same quarter for the previous year. The sale of all cable infrastructure in dwellings of 20 units and more to an affiliated company in the first quarter of 2002 amounted to $6.8 million. Capital expenditures amounted to $2.8 million in the first quarter 2003 compared to $3.2 million in the same quarter in 2002.

Financing activities did not generate any cash flow change in the first quarter of 2003 compared to $7.8 million in 2002, resulting in a net change of $7.8 million caused by a repayment of advances to parent company and by the acquisition of non-controlling interest in a subsidiary.

Yvan Gingras
Senior Vice-President Finance and Administration
CF CABLE TV INC.
May 26, 2003

CF CABLE TV Inc.

CONSOLIDATED STATEMENTS OF INCOME

			For the three-monthperiods ended
	For the three-month periods ended
(in thousands of Canadian dollars) (Unaudited)	March 31, 2003		~~September 30, 2002~~	March 31, 2002		~~September 30, 2001~~
						(restated)
Operating revenues	$	38,997		$	41,122
Operating revenue			$	39,550		$	42,127
Direct costs		11,999			12,188
Direct costs				12,103			11,598
		26,998			28,934
				27,447			30,529
Operating and administrative expenses		14,748			13,670
Operating and administrative expenses				12,732			12,926
Operating income before depreciation and amortisation		12,250			15,264
Operating income before depreciation and amortization				14,715			17,603
Depreciation and amortisation		4,942			4,902
Depreciation				4,914			5,611
Operating income		7,308			10,362
Operating income				9,801			11,992
Financial expenses		1,998			2,989
Financial expenses				4,744			7,006
Exchange (gain) loss on US denominated long-term debt (note 1 b)		(8,301	)		(249	)
Exchange (gain) loss on US denominated long-term debt (note 1 a))				5,368			10,115
		(6,303	)		2,740
Net premium, write-off of financing costs and charges (gains)
		13,611			7,622
upon early redemption of long-term debt				—			(510	)
Income taxes
				10,112			16,611
Current		167			171
				(311	)		(4,619	)
Future		1,708			2,375
Income taxes
		1,875			2,546
Current				171			118
		11,736			5,076
Future				(751	)		1,722
Share in the results of a company subject to significant influence		36			41
				(580	)		1,840
Non-controlling interest in a subsidiary		—			(88	)
				269			(6,459	)
Net income	$	11,772		$	5,029
Share in the results of a company subject to significant influence				30			59
Non-controlling interest in a subsidiary				—			(13	)
Income before amortization of goodwill				299			(6,413	)
Amortization of goodwill (note 1 b))				—			1,228
Net income			$	299		$	(7,641	)

CF CABLE TV Inc.

CONSOLIDATED STATEMENTS OF DEFICIT

	For the three-month periods ended

(in thousands of Canadian dollars) (Unaudited)	March 31, 2003			March 31, 2002


Balance at beginning	$	(35,639	)	$	(45,038	)

Cumulative effect of accounting change (note 1 b)		—			(8,480	)

Balance at beginning restated		(35,639	)		(53,518	)

Net income		11,772			5,029

Excess of the fair value over the carrying value
of the assets sold to an affiliated company (note 2 a)		—			1,861


Balance at end	$	(23,867	)	$	(46,628	)

CF CABLE TV Inc. CONSOLIDATED ~~STATEMENTS~~BALANCE ~~OF INCOME~~SHEETS

			For the nine-monthperiods ended
(in thousands of Canadian dollars) (Unaudited)	March 31, 2003			December 31, 2002
(in thousands of Canadian dollars) (Unaudited)			September 30, 2002			September 30, 2001
Assets
						(restated)
Current assets
Operating revenue			$	121,162		$	126,440
Cash	$	67		$	72
Direct costs				36,409			34,972
Amounts receivable from an affiliated company		838			767
				84,753			91,468
Amounts receivable from parent company		58,429			55,432
Operating and administrative expenses				42,074			39,547
Advance receivable from parent company		733			733
Operating income before depreciation and amortization				42,679			51,921
Prepaid expenses and other current assets		657			523
Depreciation				14,674			15,135
Income taxes receivable		520			—
Operating income				28,005			36,786
		61,244			57,527
Financial expenses				8,265			20,630
Investments		914			878
Exchange (gain) loss on US denominated long-term debt (note 1 a))				(902	)		5,268
Fixed assets (note 3)		182,013			184,119
Net premium, write-off of financing costs and charges (gains)
Deferred charges (note 4)		4,720			4,814
upon early redemption of long-term debt				—			1,566
Future income tax assets		1,123			1,123
				7,363			27,464
Goodwill		167,892			167,892
				20,642			9,322
	$	417,906		$	416,353
Income taxes
Liabilities and Shareholder’s Equity
Current				514			547
Current liabilities
Future				6,432			5,313
Issued and outstanding cheques	$	647		$	12
				6,946			5,860
Accounts payable and accrued liabilities (note 5)		25,655			29,619
				13,696			3,462
Amounts payable to affiliated companies (note 6)		579			528
Share in the results of a company subject to significant influence				104			164
Deferred revenue and prepaid services		20,278			20,619
Non-controlling interest in a subsidiary				(88	)		(13	)
		47,159			50,778
Income before amortization of goodwill				13,712			3,613
Long-term debt (note 7)		110,983			119,291
Amortization of goodwill (note 1 b))				—			3,684
Due to parent company (note 8)		25,969			25,969
Net income			$	13,712		$	(71	)
Future income taxes		22,652			20,944
Non-controlling interest in a subsidiary (note 2 c)		10			10
		206,773			216,992
Shareholders’ equity
Share capital		235,000			235,000
Deficit		(23,867	)		(35,639	)
		211,133			199,361
	$	417,906		$	416,353

CF CABLE TV Inc. CONSOLIDATED STATEMENTS OF DEFICIT

	For the nine-monthperiods ended
(in thousands of Canadian dollars) (Unaudited)	September 30, 2002			September 30, 2001
				(restated)
Balance at beginning	$	(45,038	)	$	(51,895	)
Cumulative effect of accounting changes (note 1 a))		(8,480	)		(3,176	)
Balance at beginning restated		(53,518	)		(55,071	)
Net income		13,712			(71	)
Excess of the fair value over the carrying value
of the assets sold to an affiliated company (note 2)		1,861			—
Balance at end	$	(37,945	)	$	(55,142	)

CF CABLE TV Inc.

CONSOLIDATED CASH FLOWS

			For the three-monthperiods ended
	For the three-month periods ended
(in thousands of Canadian dollars) (Unaudited)	March 31, 2003		~~September 30, 2002~~	March 31, 2002		~~September 30, 2001~~
						(restated)
Cash flows from operating activities
Cash flows from operating activities
Net income	$	11,772		$	5,029
Net income			$	299		$	(7,641	)
Adjustments for the following items:
Adjustments for the following items:
Amortisation of fixed assets		4,915			4,763
Amortization of fixed assets				4,813			4,809
Amortisation of deferred charges		27			139
Amortization of deferred charges				101			802
Amortisation of financing expenses		67			67
Amortization of goodwill				—			1,228
Future income taxes		1,708			2,375
Amortization of financing expenses				67			66
Share in the results of a company subject to significant influence		(36	)		(41	)
Future income taxes				(751	)		1,722
Exchange (gain) loss on US denominated long-term debt		(8,301	)		(249	)
Share in the results of a company subject to significant influence				(30	)		(59	)
Other items		—			(13	)
Exchange (gain) loss on US denominated long-term debt				5,368			10,115
Cash flows from operations		10,152			12,070
Net premium, write-off of financing costs and charges
Net change in non-cash operating items:
upon early redemption of long-term debt				—			(510	)
Accounts receivable		—			342
Other items				(7	)		(313	)
Receivable (payable) from (to) parent and affiliated companies		(3,017	)		(8,390	)
Cash flows from operations				9,860			10,219
Income taxes receivable		(520	)		14
Net change in non-cash operating items:
Prepaid expenses and other current assets		(134	)		(269	)
Accounts receivable				32			296
Accounts payable and accrued liabilities		(3,964	)		(510	)
Current income taxes				161			39
Deferred revenue and prepaid services		(341	)		(763	)
Prepaid expenses and other current assets				(110	)		386
		(7,976	)		(9,576	)
Accounts payable and accrued liabilities				1,250			(3,189	)
Cash flows from operating activities		2,176			2,494
Receivable (payable) from (to) affiliated companies				(1,153	)		(864	)
Cash flows from investing activities
Deferred revenue and prepaid services				(466	)		(220	)
Acquisition of fixed assets		(2,809	)		(3,194	)
				(286	)		(3,552	)
Assets transferred to affiliated companies (note 2 a)		—			6,820
Cash flows from operating activities				9,574			6,667
Proceeds on disposal of fixed assets		—			181
Cash flows from investing activities
Deferred charges transferred to affiliated companies		—			29
Acquisition of fixed assets				(3,353	)		(4,954	)
Cash flows from investing activities		(2,809	)		3,836
Net change in deferred charges				—			(772	)
Cash flows from financing activities
Proceeds on disposal of fixed assets				15			—
Repayment of long-term debt		(7	)		(6	)
Deferred charges transferred to affiliated companies				—			(2,030	)
Advances to parent company		—			(7,029	)
Cash flows from investing activities				(3,338	)		(7,756	)
Acquisition of non-controlling interest (note 2 c)		—			(800	)
Cash flows from financing activities
		(7	)		(7,835	)
Repayment of long-term debt				(7	)		(6	)
Net change in cash and cash equivalents		(640	)		(1,505	)
Net premium on early redemption of long-term debt				—			—
Cash and cash equivalents at beginning		60			31
Advances to parent company				(5,852	)		(228,582	)
Cash and cash equivalents at end	$	(580	)	$	(1,474	)
Issuance of shares				—			230,000
Cash and cash equivalents are comprised of:
Proceeds on disposal of preferred shares of an affiliated company (note 2)				—			—
Cash	$	67		$	215
Acquisition of non-controlling interest (note 10)				—			(600	)
Issued and outstanding cheques		(647	)		(1,689	)
Others				—			(13	)
	$	(580	)	$	(1,474	)
Cash flows from financing activities				(5,859	)		799
Net change in cash and cash equivalents				377			(290	)
Cash and cash equivalents at beginning				(563	)		(637	)
Cash and cash equivalents at end			$	(186	)	$	(927	)
Cash and cash equivalents are comprised of:
Cash			$	3		$	156
Issued and outstanding cheques				(189	)		(1,083	)
			$	(186	)	$	(927	)

CF CABLE TV INC.
Notes to the consolidated financial statements
for the three-months periods ended March 31, 2003
(unaudited)

Significant Accounting Principles

(a)

Consolidated financial statements:

These consolidated financial statements expressed in Canadian dollars are prepared in accordance with Canadian generally accepted accounting principles.

The consolidated financial statements include the accounts of CF Cable TV inc. (the “Company”) and all its subsidiaries from the date of acquisition of their control.

(b)

Accounting changes:

(i)

Foreign currency translation:

In November 2001, the CICA issued Handbook Section 1650, Foreign Currency Translation. It recommends to eliminate the deferral and amortisation of unrealised foreign currency translation gains and losses on long-lived monetary items for a recognition in the statement of operations. In the first quarter of 2002, the Company adopted the new recommendations retroactively and the comparative figures have been restated. The effect of adopting the new recommendation resulted in a decrease in deferred charges in the amount of $8.5 million and an increase in deficit in the amount of $8.5 million

Business reorganisation:

(a)

On February 8, 2002, the Company and its subsidiaries sold to an affiliated company, Câblage QMI Inc., all their rights and obligations in their internal wire for a total consideration of $6.8 million which represents the transaction price agreed between affiliated companies. As consideration, the Company received 6,820 preferred shares of Câblage QMI Inc. in the amount of $6.8 million. Since this transaction is between companies under common control, the excess of fair value over the carrying value of the assets sold, representing $1.9 million has been credited to deficit. On February 8, 2002, Câblage QMI Inc. redeemed the preferred shares issued previously.

(b)

In 2002, CF Cable TV Inc. proceeded to a reorganisation of the subsidiaries under the control of CF Cable TV Inc.: Vidéotron (RDL) Ltée, Vidéotron (Granby) Ltée, TDM Newco Ltée, Vidéotron (Richelieu) Ltée, Vidéotron (Laurentien) Ltée. These subsidiaries were merged or wound up into a parent company, renamed Vidéotron Regional Ltée, subsidiary of CF Câble TV Inc.

(c)

In March and December 2002, Télécâble Charlevoix (1977) Inc., a subsidiary of the Company, redeemed respectively from its non-controlling shareholder 80,000 and 109,000 of Class “D” Preferred Shares for a total consideration of $0.8 million and $1.2 million including cumulative unpaid dividends of $0.1 million.

CF CABLE TV ~~Inc~~INC.Notes ~~CONSOLIDATED~~to ~~CASH~~the ~~FLOWS~~consolidated financial statementsfor the three-months periods ended March 31, 2003 (unaudited)

	For the nine-monthperiods ended
(in thousands of Canadian dollars) (Unaudited)	September 30, 2002			September 30, 2001
				(restated)
Cash flows from operating activities
Net income	$	13,712		$	(71	)
Adjustments for the following items:
Amortization of fixed assets		14,295			14,258
Amortization of deferred charges		379			877
Amortization of goodwill		—			3,684
Amortization of financing expenses		200			208
Future income taxes		6,432			5,313
Share in the results of a company subject to significant influence		(104	)		(164	)
Exchange (gain) loss on US denominated long-term debt		(902	)		5,268
Net premium, write-off of financing costs and charges
upon early redemption of long-term debt		—			1,566
Other items		47			(898	)
Cash flows from operations		34,059			30,041
Net change in non-cash operating items:
Accounts receivable		456			74
Current income taxes		230			(171	)
Prepaid expenses and other current assets		288			36
Accounts payable and accrued liabilities		6,105			(4,267	)
Receivable (payable) from (to) affiliated companies		(1,655	)		(2,257	)
Deferred revenue and prepaid services		(1,588	)		(958	)
		3,836			(7,543	)
Cash flows from operating activities		37,895			22,498
Cash flows from investing activities
Acquisition of fixed assets		(10,324	)		(16,109	)
Net change in deferred charges		—			(780	)
Proceeds on disposal of fixed assets		200			1
Deferred charges transferred to affiliated companies		29			(2,030	)
Cash flows from investing activities		(10,095	)		(18,918	)
Cash flows from financing activities
Repayment of long-term debt		(3,404	)		(26,363	)
Net premium on early redemption of long- term debt		—			(263	)
Advances to parent company		(30,601	)		(206,244	)
Issuance of shares		—			230,000
Proceeds on disposal of preferred shares of an affiliated company (note 2)		6,820			—
Acquisition of non-controlling interest (note 10)		(800	)		(600	)
Others		(32	)		(13	)
Cash flows from financing activities		(28,017	)		(3,483	)
Net change in cash and cash equivalents		(217	)		97
Cash and cash equivalents at beginning		31			(1,024	)
Cash and cash equivalents at end	$	(186	)	$	(927	)
Cash and cash equivalents are comprised of:
Cash	$	3		$	156
Issued and outstanding cheques		(189	)		(1,083	)
	$	(186	)	$	(927	)

Fixed assets:


	March 31, 2003


	Cost		Accumulated depreciation		Net book value

	(in thousands of dollars)

Receiving and distribution networks	$	321,655	$	145,483	$	176,172
Furniture and equipment		19,283		17,290		1,993
Buildings		4,767		1,657		3,110
Land		738		—		738


	$	346,443	$	164,430	$	182,013

	December 31, 2003


	Cost		Accumulated depreciation		Net book value

	(in thousands of dollars)

Receiving and distribution networks	$	318,860	$	140,755	$	178,105
Furniture and equipment		19,269		17,142		2,127
Buildings		4,767		1,617		3,150
Land		737		—		737


	$	343,633	$	159,514	$	184,119

Deferred charges:


	March 31, 2003		December 31, 2002

	(in thousands of dollars)

Long-term financing	$	1,105	$	1,172
Development and pre-operating costs		158		185
Employee future benefit costs		3,457		3,457


	$	4,720	$	4,814

CF CABLE TV ~~Inc~~INC.Notes ~~CONSOLIDATED~~to ~~BALANCE~~the ~~SHEETS~~consolidated financial statementsfor the three-months periods ended March 31, 2003 (unaudited)

(in thousands of Canadian dollars) (Unaudited)	September 30, 2002			September 30, 2001
				(restated)
Assets
Current assets
Cash	$	3		$	191
Amounts receivable from affiliated companies (note 3)		47,827			12,077
Advance receivable from parent company		733			4,300
Prepaid expenses and other current assets		299			1,043
Income taxes receivable		140			370
		49,002			17,981
Fixed assets (note 4)		185,564			194,670
Goodwill		167,892			167,892
Investments		316			212
Deferred charges (note 5)		5,400			6,047
Future income tax assets		610			3,807
	$	408,784		$	390,609
Liabilities and Shareholder’s Equity
Current liabilities
Issued and outstanding cheques	$	189		$	160
Accounts payable and accrued liabilities (note 6)		23,816			17,711
Amounts payable to affiliated companies (note 7)		841			914
Deferred revenue and prepaid services		20,917			22,505
		45,763			41,290
Long-term debt (note 8)		120,022			124,328
Due to parent company (note 9)		25,969			25,969
Future income tax liabilities		18,875			15,640
Non-controlling interest in a subsidiary (note 10)		1,100			1,900
		211,729			209,127
Shareholders’ equity
Share capital		235,000			235,000
Deficit		(37,945	)		(53,518	)
		197,055			181,482
	$	408,784		$	390,609

Accounts payable and accrued liabilities:


	March 31, 2003		December 31, 2002

	(in thousands of dollars)

Expenses and accounts payable	$	1,771	$	2,567
Salaries and fringe benefits		1,019		970
Holidays and sick days		203		183
GST and PST		1,287		1,366
Municipal real estate tax		1,099		1,727
Licence fees		15,517		15,570
CRTC licence fees		1,276		1,108
Programming funds		1,219		1,045
Interest		2,264		5,083


	$	25,655	$	29,619

Amounts payable to affiliated companies:


	March 31, 2003		December 31, 2002

	(in thousands of dollars)

Quebecor Media inc	$	9	$	4
Vidéotron Télécom ltée		158		147
Groupe TVA		75		255
Câblage QMI		69		69
Vidéotron TVN Inc		268		53


	$	579	$	528

Long-term debt:


	March 31, 2003		December 31, 2002

	(in thousands of dollars)

Senior Secured First Priority Notes at 9.125% interest rate (a)	$	110,966	$	119,266
Mortgage (b)		17		25


	$	110,983	$	119,291

CF CABLE TV INC. Notes to the consolidated financial statementsfor the ~~nine~~three-~~month~~months periods ended ~~September~~March 3031, ~~2002~~2003 (unaudited)

17. ~~Significant~~Long-term ~~Accounting~~debt ~~Principles~~(continued):

(a) ~~Foreign~~Senior ~~currency~~Secured ~~translation~~First Priority Notes:

InSenior ~~November~~Secured ~~2001~~First Priority Notes having a par value of US$75.6 million (2002 - US$75.6 million), ~~the~~bear ~~Company~~interest ~~adopted~~at the ~~recommendations~~rate of ~~the~~9.125%, ~~Canadian~~and ~~Institute~~mature ofin ~~Chartered~~2007. ~~Accountants~~The ~~(CICA)~~Notes ~~Handbook~~are ~~section~~redeemable ~~1650,~~at ~~foreign~~the ~~currency~~option ~~translation~~of the Company on or after July 15, ~~which~~2005 ~~eliminates~~at ~~the~~100% ~~deferral~~of ~~and~~the ~~amortization~~principal ~~method~~amount. ~~for~~These ~~unrealized~~Notes ~~translation~~are ~~gains~~secured ~~and~~by ~~losses~~first-ranking hypothecs on ~~non-current~~substantially ~~monetary~~all of the assets of CF Cable TV Inc. and ~~liabilities~~certain of its subsidiaries. In addition, CF Cable TV Inc. and ~~require~~its subsidiaries have provided, to the ~~disclosure~~extent ofpermitted ~~exchange~~under ~~gains~~the ~~and~~Notes ~~losses~~Trust ~~included~~Indenture, guarantees in ~~net~~favour ~~income.~~of ~~The~~the ~~Company~~lenders ~~applied~~under its parent credit agreement. In the ~~new~~case ~~recommendations~~of realisation on the assets of ~~section~~CF ~~1650~~Cable ~~retroactively~~TV Inc. ~~The~~and ~~cumulative~~its ~~effect~~subsidiaries, ofthe ~~this~~proceeds ~~accounting~~thereof ~~change~~would isbe ~~reported~~firstly asused to repay, on a ~~restatement~~pro ~~which~~rata ~~increased~~basis, ~~opening~~and ~~balance~~as ofdescribed ~~deficit~~in ~~for~~an ~~the~~inter-creditor ~~year~~agreement ~~ended~~entered ~~December~~into 31on June 29, 2001, bybetween, $among 3others,~~176~~ the agent under the parent’s credit agreement and the trustee under the Notes Trust Indenture,~~000~~ the Senior Secured First Priority Notes and the first priority guarantees provided to the lenders under the parent’s credit agreement. In May 2002, the Company repurchased US$2.2 million of these Notes.

b) Business combinations

In 2001, the Accounting Standards Board of the CICA issued new accounting standards for business combinations and for goodwill and intangible assets. The new standards recommend that the goodwill acquired in a business combination completed on or after July 1st, 2001, should not be amortized. The Company applied the new recommendation as of January 1st, 2002.

The Company periodically reviews the net recoverable amount of its goodwill to determine its long-term recovery, using the undiscounted future cash flow method. Any impairment of the carrying value of the goodwill is charged to income.

2. Sale of assets

On February 8, 2002, the Company sold to an affiliated company, Câblage QMI Inc., all its rights and obligations in its internal wire for a total consideration of $ 6,820,000 which represent its fair value. As consideration, the Company received 6,820 preferred shares of Câblage QMI Inc. capital in the amount of $ 6,820,000. Since this transaction is between companies under common control, the excess of fair value over the carrying value of the assets sold, representing $ 1,861,000, has been credited to deficit. On February 8, 2002, Câblage QMI Inc. redeemed the preferred shares issued previously.

3. Amounts receivable from affiliated companies:

	September 30, 2002		December 31, 2001
	(in thousands of dollars) (restated)
Vidéotron ltée	$	47,127	$	11,797
Vidéotron (1998) ltée		700		280
	$	47,827	$	12,077

CF CABLE TV INC. Notes to the consolidated financial statementsfor the nine-month periods ended September 30, 2002 (unaudited)

4. Fixed assets:

September 30, 2002
	Cost		Accumulated depreciation		Net bookvalue
(in thousands of dollars)
Receiving and distribution networks	$	315,415	$	136,093	$	179,322
Furniture and equipment		19,270		16,957		2,313
Buildings		4,767		1,576		3,191
Land		738		—		738
	$	340,190	$	154,626	$	185,564

December 31, 2001
	Cost		Accumulated depreciation		Net bookvalue
(in thousands of dollars)(restated)
Receiving and distribution networks	$	320,196	$	132,646	$	187,550
Furniture and equipment		19,407		16,449		2,958
Buildings		4,827		1,468		3,359
Land		803		—		803
	$	345,233	$	150,563	$	194,670

5. Deferred charges:

	September 30,2002		December 31, 2001
(in thousands of dollars)(restated)
Long-term financing	$	1,238	$	1,471
Development and pre-operating costs		793		1,207
Employee future benefit costs		3,369		3,369
	$	5,400	$	6,047

CF CABLE TV INC. Notes to the consolidated financial statements for the nine-month periods ended September 30, 2002 (unaudited)

6. Accounts payable and accrued liabilities:

	September 30,2002		December 31, 2001
(in thousands of dollars)(restated)
Expenses and accounts payable	$	1,920	$	3,421
Salaries and fringe benefits		331		127
Holidays and sick days		207		247
GST and PST		1,156		1,511
Municipal real estate tax		1,784		770
Licence fees		12,159		5,153
CRTC licence fees		2,611		990
Programming funds		1,286		387
Interest		2,362		5,105
	$	23,816	$	17,711

7. Amounts payable to affiliated companies:

	September 30,2002		December 31, 2001
(in thousands of dollars)(restated)
Le Groupe Vidéotron Ltée	$	25	$	550
Vidéotron Télécom ltée		136		159
Quebecor Inc.		—		2
Quebecor Media Inc.		4		—
Groupe TVA Inc.		264		148
Câblage QMI Inc.		358		—
Vidéotron TVN Inc.		54		55
	$	841	$	914

CF CABLE TV INC. Notes to the consolidated financial statements for the nine-month periods ended September 30, 2002 (unaudited)

8. Long-term debt:

	September 30,2002		December 31, 2001
(in thousands of dollars)(restated)
Senior Secured First Priority Notes at 9.125 % interest rate (a)	$	119,992	$	124,278
Mortgage (b)		30		50
	$	120,022	$	124,328

(a) Secured First Priority Notes:

Senior Secured First Priority Notes having a par value of US $ 75,600,000 (2001- US $ 77,800,000) bearing interest at the rate of 9.125 %, maturing in 2007. The Notes are redeemable at the option of the Company on or after July 15, 2005 at 100% of the principal amount. In May 2002, the Company repurchased US $ 2,200,000 of these Notes. These Notes are secured by first-ranking hypothecs on substantially all of the assets of CF Cable TV Inc. and certain of its subsidiaries.

(b)

Mortgage:

The mortgage bears interest at a rate of 11% and matures in 2003.

9.Minimum ~~Due~~principal torepayments ~~parent~~on ~~company~~long-term debt in each of the years are as follows:

			September 30,2002		December 31, 2001
		(in thousands of dollars)
(in thousands of dollars)(restated)
	2003	$	17
Inter-company Deeply Subordinated Debt			$	25,969	$	25,969

~~The~~8. ~~repayment~~Due ~~of the inter-company subordinated debt is subordinated~~ to ~~the~~parent ~~repayment of the Senior Secured First Priority Notes maturing in 2007, as mentioned in note 8.~~company:


	March 31, 2003		December 31, 2002

	(in thousands of dollars)
Inter-company Deeply Subordinated Debt, bank prime rate
plus 2% and repayable after the total repayment of
the Senior Secured First Priority Notes	$	25,969	$	25,969

CFThe ~~CABLE~~repayment TVof ~~INC.~~capital ~~Notes~~and tointerest on the ~~consolidated~~inter-company ~~financial~~Deeply ~~statements~~Subordinated ~~for~~Debt is subordinated to the ~~nine-month~~repayment ~~periods~~of ~~ended~~the ~~September~~Senior ~~30,~~Secured ~~2002~~First ~~(unaudited)~~Priority Notes maturing in 2007. The parent company waives annually the interests on this debt.

10~~. Non-controlling interest:~~

OnCF ~~March~~CABLE 5,TV ~~2002,~~INC.Notes to the ~~Company~~consolidated ~~repurchased~~financial 80statementsfor ~~000 shares of category A detained by~~ the ~~non~~three-~~controlling~~months ~~partner~~periods inended aMarch ~~subsidiary for a cash consideration of $ 800~~31,~~000.~~ In2003 ~~addition, the Company paid all cumulative dividends unpaid on those 80 000 shares from January to December 2001 representing a total of $ 32,865.~~(unaudited)

149. Comparative figures:

~~SIGNATURE~~Certain ~~Pursuant~~figures ~~to the requirements~~ of ~~the~~2002 ~~Securities~~have ~~Exchange~~been ~~Act~~reclassified ~~of 1934, the Registrant has duly caused this report~~ to beconform ~~signed~~with onthe ~~its~~presentation ~~behalf~~adopted byin the ~~undersigned,~~quarter ~~thereunto~~ended ~~duly~~March ~~authorized. CF CABLE TV INC. /s/ Claudine Tremblay ———————————— By: Claudine Tremblay Assistant Secretary Date: November 28~~31, ~~2002~~2003.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

CF CABLE TV INC.

(Signed) Claudine Tremblay

By: Claudine Tremblay
Assistant Secretary

Date: May 29, 2003

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