Shaw 2012 Annual Report Download - page 117

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Shaw Communications Inc.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
August 31, 2012 and 2011
[all amounts in millions of Canadian dollars except share and per share amounts]
Experience adjustments
The Company’s defined benefit plan experience adjustments were as follows:
2012
$
2011
$
Unfunded plans:
Experience losses on liabilities 52 43
Funded plans:
Experience losses on assets 45
Experience losses (gains) on liabilities 24 (7)
Employer contributions
The Company’s estimated contributions to the defined benefit plans in fiscal 2013 are $311.
27. RELATED PARTY TRANSACTIONS
Controlling shareholder
The majority of the Class A Shares are held by JR Shaw, members of his family and the
companies owned and/or controlled them (the “Shaw Family Group”). All of the Class A Shares
held by the Shaw Family Group are subject to a voting trust agreement entered into by such
persons. The Shaw Family Group is represented as Directors, Senior Executive and Corporate
Officers of the Company.
Significant investments in subsidiaries
The following are the significant subsidiaries of the Company, all of which are incorporated in
Canada.
Ownership Interest
August 31,
2012
August 31,
2011
September 1,
2010
Shaw Cablesystems Limited 100% 100% 100%
Shaw Cablesystems G.P. 100% 100% 100%
Mountain Cablevision Limited 100% 100% 100%
Shaw Telecom Inc. 100% 100% 100%
Shaw Telecom G.P. 100% 100% 100%
Shaw Satellite Services Inc. 100% 100% 100%
Star Choice Television Network Incorporated 100% 100% 100%
Shaw Satellite G.P. 100% 100% 100%
Shaw Media Inc. 100% 100% 49.9%
Shaw Television Limited Partnership 100% 100% –
Key management personnel
Key management personnel consist of the Board of Directors and the most senior executive
team that have the authority and responsibility for planning, directing and controlling the
activities of the Company.
113