Shaw 2015 Annual Report Download - page 101

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Shaw Communications Inc.
Notes to the Consolidated Financial Statements
August 31, 2015 and 2014
[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 or formed in Canada with the
exception of ViaWest, Inc. which is incorporated in the United States.
Ownership Interest
August 31,
2015
August 31,
2014
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%
ViaWest, Inc. 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:
2015
$
2014
$
Short-term employee benefits 38 42
Post-employment pension benefits 15 17
Retirement benefits 17 –
Share-based compensation 13
71 62
Transactions
The Company paid $2 (2014 – $2) for collection, installation and maintenance services to a company controlled by a Director
of the Company.
During the year, the Company paid $6 (2014 – $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 (2014 – $12) were paid to a programmer where a Director of the Company holds a
position on the programmer’s board of directors.
At August 31, 2015, the Company had $3 owing in respect of these transactions (2014 – $3).
2015 Annual Report Shaw Communications Inc. 99