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Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - CAD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2019
Jun. 30, 2018
OPERATING    
Loss from continuing operations before income taxes $ (272,265) $ (59,345)
Profit (loss) from discontinued operations before income taxes (5,299) 25,883
Loss before income taxes (277,564) (33,462)
Items not affecting cash    
Amortization of intangible assets 7,612 4,070
Depreciation of property and equipment 2,988 889
Amortization included in cost of sales 578 782
Amortization of commission 760
Share-based compensation 7,118 1,694
Financing charges, non-cash portion 4,316 3,467
Other (28) (27)
Change in fair value of derivative instruments and other 241,999 68,441
Adjustment required to reflect net cash receipts from gas sales 2,758 4,581
Net change in working capital balances 27,181 (54,909)
Adjustment for non-cash discontinued operations (26,064) 365
Income taxes paid (5,703) (8,437)
Cash outflow from operating activities (14,049) (12,546)
INVESTING    
Purchase of property and equipment (562) (1,929)
Purchase of intangible assets (9,409) (7,926)
Payments for previously acquired business (12,013)
Cash outflow from investing activities (21,984) (9,855)
FINANCING    
Dividends paid (22,047) (22,249)
Repayment of long-term debt (1,645)
Leased asset payments (1,468)
Debt issuance costs (190) (2,173)
Credit facilities withdrawal 54,155 31,210
Issuance of preferred shares 10,447
Preferred shares issuance costs (334)
Cash inflow from financing activities 28,805 16,901
Effect of foreign currency translation on cash balances (168) (1,277)
Net cash outflow (7,396) (6,777)
Cash and cash equivalents, beginning of period 9,927 48,861
Cash and cash equivalents, end of period 2,531 42,084
Supplemental cash flow information:    
Interest paid $ 15,208 $ 11,225