Shaw 2014 Annual Report Download - page 123

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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]
The Company’s undiscounted contractual maturities as at August 31, 2014 are as follows:
Accounts
payable and
accrued
liabilities(1)
Other
long-term
liabilities
Long-term
debt
repayable at
maturity
Interest
payments
$$$$
Within one year 828 – – 267
1 to 3 years – 5 1,000 506
3 to 5 years – – – 439
Over 5 years – – 3,740 2,190
828 5 4,740 3,402
(1) Includes accrued interest and dividends of $215.
29. CONSOLIDATED STATEMENTS OF CASH FLOWS
Additional disclosures with respect to the Consolidated Statements of Cash Flows are as
follows:
(i) Funds flow from operations
2014 2013
$$
Net income 887 784
Adjustments to reconcile net income to funds flow from operations:
Amortization 768 858
Program rights (10) (31)
Deferred income tax expense (recovery) (46) 121
CRTC benefit obligation funding (58) (52)
Gain on sale of media assets [note 3] (49) –
Gain on sale of cablesystem [note 3] –(50)
Divestment costs [note 3] –5
Gain on sale of associate [note 3] –(7)
Share-based compensation 34
Defined benefit pension plans (5) (288)
Accretion of long-term liabilities and provisions 69
Debt retirement costs [note 13] 8–
Write-down of properties [note 22] 614
Other 14 13
Funds flow from operations 1,524 1,380
119