Westjet 1999 Annual Report Download - page 24

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5. Leases:
The Corporation has entered into operating leases for aircraft, buildings,
computer hardware and software licenses and capital leases relating to
computer hardware. The obligations on a calendar-year basis, are as follows:
Capital Operating
Lease Leases
2000 $ 171 $ 7,506
2001 171 7,196
2002 149 7,148
2003 53 5,155
2004 and thereafter - 3,600
Total lease payments 544 $ 30,605
Less imputed interest at 8.12% 72
Net minimum lease payments 472
Current portion of obligations under
capital lease 137
Obligations under capital lease $ 335
6. Share capital:
The non-voting common shares and the non-voting preferred shares are
subject to limitations to be fixed by the directors of the Corporation.
(a) Authorized:
Unlimited number of voting common shares
700,000 non-voting performance shares
Unlimited number of non-voting shares
Unlimited number of non-voting first preferred shares
Unlimited number of non-voting second preferred shares
Unlimited number of non-voting third preferred shares.
Victoria
With over 1,000 fluttering beauties,
Victoria’s Butterfly Gardens is one of the largest
butterfly conservation in Canada.
Vancouver
Vancouver’s reputation as “Hollywood North”
is well deserved. The city hosts almost $1 billion of
television and film production annually.
Abbotsford
Abbotsford is home to an annual
garlic festival, where the “stinky flower” is
celebrated for two straight days.
Grande Prairie
Grande Prairie is no ugly duckling. The city’s
many lakes are home to one of North America’s
largest populations of trumpeter swans.