Shaw 2012 Annual Report Download - page 89

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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]
5. INVENTORIES
2012 2011
September 1,
2010
$$ $
Subscriber equipment 98 91 51
Other 463
102 97 54
Subscriber equipment includes DTH equipment, DCTs and related customer premise
equipment.
6. OTHER CURRENT ASSETS
2012 2011
September 1,
2010
$$ $
Program rights 21 14 –
Tax indemnity 17 21 –
Prepaid expenses and other 51 47 34
89 82 34
7. INVESTMENTS AND OTHER ASSETS
2012 2011
September 1,
2010
$$ $
Investments, at equity:
CW Media –– 739
Specialty channel networks 10 10 –
Other assets:
Loan ––4
Loan to equity associate 22–
Other 11–
13 13 743
Investments at equity
The Company exercised significant influence over CW Media with its 49.9% ownership and
recorded equity income of $13 for the period of September 1 to October 26, 2010. On
October 22, 2010, the CRTC approved the transaction and the Company closed the purchase
on October 27, 2010 (see note 3).
During 2012, the Company recorded equity income of $nil in respect of its non-controlling
interests in several specialty channels which were acquired as part of the Media acquisition
(2011 – $1).
85