Shaw 2015 Annual Report Download - page 61

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Shaw Communications Inc.
Consolidated Statements of Cash Flows
2015 2014
Years ended August 31 [millions of Canadian dollars] $$
OPERATING ACTIVITIES
Funds flow from operations [note 29] 1,637 1,524
Net change in non-cash balances related to operations (97) 216
1,540 1,740
INVESTING ACTIVITIES
Additions to property, plant and equipment [note 24] (939) (976)
Additions to equipment costs (net) [note 24] (72) (56)
Additions to other intangibles [note 24] (79) (84)
Net decrease (increase) to inventories 59 (23)
Business acquisitions, net of cash acquired [note 3] (902) –
Proceeds on sale of media assets [note 3] –141
Additions to investments and other assets (125) (52)
Proceeds on disposal of property, plant and equipment [notes 24 and 29] 26 21
Proceeds on sale of wireless spectrum licenses, net of costs [note 3] 99 –
Distributions received and proceeds from sale of investments 29 –
(1,904) (1,029)
FINANCING ACTIVITIES
Increase in long-term debt 921 840
Debt repayments (508) (969)
Debt retirement costs [note 13] –(7)
Senior notes issuance costs [note 13] –(4)
Bank credit facility arrangement costs (14) –
Repayment of promissory note [note 27] –(48)
Issue of Class B Non-Voting Shares 129 70
Dividends paid on Class A Shares and Class B Non-Voting Shares (369) (339)
Dividends paid on Series A Preferred Shares (13) (13)
Distributions paid to non-controlling interests in subsidiaries (22) (26)
124 (496)
Effect of currency translation on cash balances 1 –
Increase (decrease) in cash (239) 215
Cash, beginning of year 637 422
Cash, end of year 398 637
See accompanying notes
2015 Annual Report Shaw Communications Inc. 59