Shaw 2009 Annual Report Download - page 74

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3. ACCOUNTS RECEIVABLE
2009
$
2008
$
Subscriber and trade receivables 204,786 197,163
Due from officers and employees 843 841
Due from related parties [note 18] 682 875
Miscellaneous receivables 5,333 4,662
211,644 203,541
Less allowance for doubtful accounts (17,161) (15,396)
194,483 188,145
Included in operating, general and administrative expenses is a provision for doubtful accounts of
$19,298 (2008 – $15,281; 2007 – $3,086).
4. INVENTORIES
2009
$
2008
$
Subscriber equipment 48,639 49,317
Other 3,665 2,457
52,304 51,774
Subscriber equipment includes DTH equipment, DCTs and related customer premise equipment.
5. INVESTMENTS AND OTHER ASSETS
2009
$
2008
$
Investment, at cost net of write-down:
Investment in a private technology company 200 1,295
Deposits:
Wireless spectrum licenses 190,912 190,912
Other assets:
Loan [note 18] 3,600 3,600
Other 142 2,172
194,854 197,979
Deposits
In 2008, the Company participated in Industry Canada’s auction of spectrum licenses for advanced
wireless services and was successful in its bids for spectrum licenses primarily in Western Canada
and Northern Ontario. The total cost was $190,912 which consisted of $189,519 for the licenses
and $1,393 of related auction expenditures.
70
Shaw Communications Inc.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
August 31, 2009, 2008 and 2007
[all amounts in thousands of Canadian dollars except share and per share amounts]