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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Operating activities:    
Net income $ 8,212,484 $ 13,015,917
Adjustments for:    
Depreciation of property, equipment and intangibles 35,009,070 31,486,055
Stock-based compensation 976,962 2,800,750
Unrealized foreign exchange 8,925 (4,494)
Deferred income tax expense (recovery) (3,440,121) (2,407,176)
Change in fair value of contingent consideration 2,861,204 971,627
Accretion on contingent consideration and deferred consideration 133,450 166,575
Amortization of deferred financing fees 276,260 260,363
Gain on equity investment (1,766,968)  
Change in current tax receivable (payable) 939,779 (1,936,436)
Change in trade and other receivables 1,376,733 (3,981,491)
Change in prepaid expenses 132,290 171,911
Change in inventories 53,220 20,902
Change in trade and other payables 121,615 101,379
Change in employee benefits 110,654 326,681
Cash provided by operating activities 45,005,557 40,992,563
Financing activities    
Proceeds from member loans 19,600 303,351
Repayment of member loans   (662,568)
Repayment of short-term advances (26,783)  
Repayment of notes payable and bank indebtedness (82,550,000) (14,250,000)
Proceeds on bank indebtedness 81,641,370 22,800,000
Payment of deferred financing fees (839,892)  
Payment of deferred consideration (1,100,000) (1,000,000)
Payment of earn-out obligation (4,795,822)  
Distributions to non-controlling interest (15,825,600) (19,289,740)
Proceeds from the issuance of shares relating to stock-based compensation 426,366  
Repurchase of shares for cancellation (4,742,595) (3,774,856)
Cash used in financing activities (27,793,356) (15,873,813)
Investing activities    
Acquisition of property and equipment (59,508) (35,105)
Deferred asset acquisition costs (59,249) (116,025)
Acquisition of equity interest from non-controlling interest (9,924,381)  
Acquisition of anesthesia services providers (15,052,058) (27,509,811)
Distribution received from equity investment 136,650  
Purchase adjustment relating to anesthesia service providers acquired in prior periods 4,366,000  
Cash used in investing activities (20,592,546) (27,660,941)
Effects of foreign exchange on cash and cash equivalents 2,116 2,252
Decrease in cash and cash equivalents (3,378,229) (2,539,939)
Cash and cash equivalents, beginning of year 9,946,945 12,486,884
Cash and cash equivalents, end of year 6,568,716 9,946,945
Supplemental disclosure of cash interest and taxes paid:    
Cash interest paid (3,055,374) (3,180,808)
Lease payments made (369,262) (292,235)
Non-cash acquisition financing (800,985)  
Taxes paid $ (4,127,443) $ (7,055,498)