Shaw 2012 Annual Report Download - page 92

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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]
9. OTHER LONG-TERM ASSETS
2012 2011
September 1,
2010
$$ $
Equipment costs subject to a deferred revenue arrangement 278 216 202
Customer equipment financing receivables 17 9–
Credit facility arrangement fees 312
Other 33 32 29
331 258 233
Amortization provided in the accounts for 2012 amounted to $232 (2011 – $206) and was
recorded as amortization of deferred equipment costs and other amortization.
10. INTANGIBLES AND GOODWILL
Carrying amount
2012 2011
September 1,
2010
$$ $
Broadcast rights and licenses
Cable systems 4,260 4,260 4,236
DTH and satellite services 1,013 1,013 1,013
Television broadcasting 1,402 1,382 –
6,675 6,655 5,249
Program rights and advances 253 217 –
Goodwill
Non-regulated satellite services 88 88 88
Cable systems 86 86 81
Television broadcasting 541 538 –
715 712 169
Wireless spectrum licenses 191 191 191
Other intangibles
Software 195 188 156
Trademark and brands 41 41 –
236 229 156
Net book value 8,070 8,004 5,765
Broadcast rights and licenses, trademark, brands and wireless spectrum licenses have been
assessed as having indefinite useful lives. While licenses must be renewed from time to time,
the Company has never failed to do so. In addition, there are currently no legal, regulatory,
competitive or other factors that limit the useful lives of these assets.
88