Shaw 2014 Annual Report Download - page 118

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Shaw Communications Inc.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
August 31, 2014 and 2013
[all amounts in millions of Canadian dollars except share and per share amounts]
Significant investments in subsidiaries
The following are the significant subsidiaries of the Company, all of which are incorporated in
Canada.
Ownership Interest
August 31,
2014
August 31,
2013
Shaw Cablesystems Limited 100% 100%
Shaw Cablesystems G.P. 100% 100%
Shaw Envision Inc. 100% 100%
Shaw Telecom Inc. 100% 100%
Shaw Telecom G.P. 100% 100%
Shaw Satellite Services Inc. 100% 100%
Star Choice Television Network Incorporated 100% 100%
Shaw Satellite G.P. 100% 100%
Shaw Media Inc. 100% 100%
Shaw Television Limited Partnership 100% 100%
Key management personnel and Board of Directors
Key management personnel consist of the most senior executive team and along with the Board
of Directors have the authority and responsibility for planning, directing and controlling the
activities of the Company.
Compensation
The compensation expense of key management personnel and Board of Directors is as follows:
2014
$
2013
$
Short-term employee benefits 42 39
Post-employment pension benefits 17 17
Share-based compensation 36
62 62
Transactions
The Company paid $2 (2013 – $3) for direct sales agent, collection, marketing, installation and
maintenance services to a company controlled by a Director of the Company.
During the year, the Company paid $7 (2013 – $7) for remote control units to a supplier where
Directors of the Company hold positions on the supplier’s board of directors.
During the year, network fees of $12 (2013 – $nil) were paid to a programmer where a Director
of the Company holds a position on the programmer’s board of directors.
At August 31, 2013, the Company had $3 owing in respect of these transactions (2013 – $1).
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