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Consolidated Statements of Cash Flows - CAD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
OPERATING    
Profit before income taxes $ (539,248) $ (514,114)
Items not affecting cash    
Amortization of intangible assets 16,699 15,941
Depreciation of property, plant and equipment 4,115 6,579
Amortization included in cost of sales 3,116 2,974
Share-based compensation 18,353 6,076
Financing charges, non-cash portion 14,547 23,198
Other (369) (363)
Change in fair value of investments 1,289
Change in fair value of derivative instruments and other (474,356) (374,791)
Adjustment required to reflect net cash receipts from gas sales (2,876) (681)
Net change in non-cash working capital balances (36,425) (22,756)
Income taxes paid (21,319) (19,840)
Cash inflow from operating activities 62,022 150,451
INVESTING    
Purchase of property, plant and equipment (4,838) (8,315)
Purchase of intangible assets (30,938) (18,074)
Acquisition of businesses (10,832) (3,994)
Short-term investments 25,532 (26,255)
Investments in businesses (5,394)
Decrease in restricted cash 3,875
Cash outflow from investing activities (21,076) (58,157)
FINANCING    
Dividends paid (86,261) (76,710)
Repayment of long-term debt (100,000) (401,261)
Issuance of long-term debt 100,000 160,000
Debt issuance costs (4,115) (7,592)
Credit facilities withdrawal 53,857 68,258
Issuance of preferred shares 9,260 132,973
Preferred shares issuance costs (2,114) (5,422)
Shares repurchase (11,941) (6,549)
Distributions to non-controlling interest (9,603) (24,471)
Cash outflow from financing activities (50,917) (160,774)
Effect of foreign currency translation on cash balances 1,456 (1,740)
Net cash outflow (8,515) (70,220)
Cash and cash equivalents, beginning of year 57,376 127,596
Cash and cash equivalents, end of year 48,861 57,376
Supplemental cash flow information:    
Interest paid $ 38,551 $ 53,343