Shaw 2012 Annual Report Download - page 90

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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]
The Company’s interest in the assets, liabilities and results of operations of investments in
associates accounted for using the equity method are summarized as follows:
2012
$
2011
$
Current assets 23
Non-current assets 13 11
15 14
Current liabilities 32
Non-current liabilities 22
Proportionate interest in net assets 10 10
2012
$
2011
$
Revenue 544
Expenses (5) (30)
Proportionate share of net income –14
Other assets
The loan to an equity associate bears interest at prime plus 2.5% and is repayable on demand.
The Company has agreed to not demand repayment unless certain conditions and events occur.
86