Shaw 2009 Annual Report Download - page 85

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Accumulated other comprehensive income (loss) is comprised of the following:
August 31, 2009
$
August 31, 2008
$
Unrealized foreign exchange gain on translation of a self-
sustaining foreign operation 350 319
Fair value of derivatives (38,984) (57,993)
(38,634) (57,674)
13. ACCOUNTS PAYABLE AND ACCRUED LIABILITIES
2009
$
2008
$
Trade 86,677 61,980
Accrued liabilities 269,463 388,870
Accrued network fees 103,176 103,150
Interest 80,463 75,064
Related parties [note 18] 21,883 18,712
Short-term financing – 6,532
Current portion of pension plan liability [note 17] 1,448 1,448
563,110 655,756
Interest on the short-term financing arrangement amounted to $744 in 2008 and is included in
interest expense. Interest rates fluctuated with Canadian bankers acceptance rates and averaged
4.89% for 2008.
81
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]