Shaw 2014 Annual Report Download - page 89

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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]
an income capitalization approach using the market rental rate for the area and an appropriate
capitalization rate range net of estimated costs of $8 to complete the property to base building
specifications and is considered a level 3 valuation. The income capitalization approach has
been used as it’s an accepted approach used by real estate investors to value income producing
properties when income is not expected to vary significantly over time.
4. ACCOUNTS RECEIVABLE
2014
$
2013
$
Subscriber and trade receivables 506 496
Due from related parties [note 27] –1
Miscellaneous receivables 19 16
525 513
Less allowance for doubtful accounts (32) (27)
493 486
Included in operating, general and administrative expenses is a provision for doubtful accounts
of $38 (2013 – $26).
5. INVENTORIES
2014 2013
$$
Subscriber equipment 114 93
Other 53
119 96
Subscriber equipment includes DTH equipment, DCTs and related customer premise
equipment.
6. OTHER CURRENT ASSETS
2014 2013
$$
Program rights 17 18
Tax indemnity 11
Prepaid expenses and other 55 53
73 72
85