Shaw 2010 Annual Report Download - page 86

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3. ACCOUNTS RECEIVABLE
2010
$
2009
$
Subscriber and trade receivables 209,817 204,786
Due from officers and employees 148 843
Due from related parties [note 18] 1,689 682
Miscellaneous receivables 3,730 5,333
215,384 211,644
Less allowance for doubtful accounts (18,969) (17,161)
196,415 194,483
Included in operating, general and administrative expenses is a provision for doubtful accounts of
$33,746 (2009 – $19,298; 2008 – $15,281).
4. INVENTORIES
2010
$
2009
$
Subscriber equipment 50,896 48,639
Other 2,919 3,665
53,815 52,304
Subscriber equipment includes DTH equipment, DCTs and related customer premise equipment.
5. INVESTMENTS AND OTHER ASSETS
2010
$
2009
$
Investment, at cost net of write-down:
Investment in a private technology company 200 200
Investment, at equity:
CW Investments Co. (“CW Media”) 739,125 –
Deposits:
Wireless spectrum licenses –190,912
Other assets:
Loan [note 18] 3,600 3,600
Other 348 142
743,273 194,854
Deposits
In 2008, the Company participated in Industry Canada’s auction of spectrum licenses for advanced
wireless services (“AWS”) 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. In the current year, the Company received its
82
Shaw Communications Inc.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
August 31, 2010, 2009 and 2008
[all amounts in thousands of Canadian dollars except share and per share amounts]