Shaw 2013 Annual Report Download - page 59

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S
haw
C
ommunications Inc
.
MANA
G
EMENT’
S
DI
SCUSS
I
O
N AND ANALY
S
I
S
August
,
(2)
Includes ma
i
ntenance and lease o
f
satell
i
te trans
p
onders,
p
ro
g
ram related a
g
reements
,
l
ease of transmission facilities and premises and exclusive rights to use intellectual
property in Canada
.
(3)
Includes ca
pi
tal ex
p
end
i
ture and
i
nventor
yp
urchase comm
i
tments.
(4) Includes other financial liabilities and are in respect of a promissory note and program
ri
g
hts
.
V
II. ADDITI
O
NAL INF
O
RMATI
O
N
Additional information relating to Shaw, including the Company’s Annual Information For
m
d
ated November 29
,
2013
,
can be found on SEDAR at www.sedar.com.
V
III.
CO
MPLIAN
C
E WITH NY
S
E
CO
RP
O
RATE
GO
VERNAN
C
ELI
S
TIN
GS
TANDARD
S
Di
sclosure o
f
the
C
ompany’s corporate governance pract
i
ces wh
i
ch d
iff
er
f
rom the New York
Stock Exchange (“NYSE”) corporate governance listing standards are posted on Shaw’s website,
www.shaw.ca
(
under Investors
/C
or
p
orate
G
overnance
/C
om
p
l
i
ance w
i
th NY
S
E
C
or
p
orat
e
G
overnance L
i
st
i
ng
S
tandards
)
.
IX.
C
ERTIFI
C
ATI
ON
The
C
om
p
an
y
’s
C
h
i
e
f
Execut
i
ve
Offi
cer and
C
h
i
e
f
F
i
nanc
i
al
Offi
cer have
fi
led cert
ifi
cat
i
ons
regard
i
ng
S
haw’s d
i
sclosure controls and procedures and
i
nternal control over
fi
nanc
i
a
l
reporting
.
As at August 31, 2013, the Company’s management, together with its Chief Executive Officer
and
C
h
i
e
f
F
i
nanc
i
al
Offi
cer, has evaluated the e
ff
ect
i
veness o
f
the des
ig
n and o
p
erat
i
on o
f
each
of
the
C
ompany’s d
i
sclosure controls and procedures and
i
nternal control over
fi
nanc
i
a
l
reporting. Based on these evaluations, the Chief Executive Officer and Chief Financial Officer
h
ave concluded that the
C
om
p
an
y
’s d
i
sclosure controls and
p
rocedures and the
C
om
p
an
y
’
s
i
nternal control over
fi
nanc
i
al report
i
ng are e
ff
ect
i
ve
.
There were no changes
i
n the
C
ompany’s
i
nternal controls over
fi
nanc
i
al report
i
ng dur
i
ng the
f
iscal year that have materially affected or are reasonably likely to materially affect Shaw’
s
i
nternal controls over
fi
nanc
i
al re
p
ort
i
n
g.
The des
ig
no
f
an
y
s
y
stem o
f
controls and
p
rocedures
i
s based
i
n
p
art u
p
on certa
i
n assum
p
t
i
on
s
about the likelihood of certain events. There can be no assurance that any design will succee
d
in achieving its stated goals under all potential future conditions, regardless of how remote
.
55