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Consolidated Statements of Cash Flows - CAD
CAD in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES    
Net income (loss) CAD (124.0) CAD (932.7)
Items not affecting cash    
Other (income) loss (27.8) 6.6
Deferred tax expense (recovery) 102.1 (381.3)
Share-based compensation 42.2 57.7
Adjustments for depreciation and amortisation expense and impairment loss (reversal of impairment loss) recognised in profit or loss 1,741.4 2,220.1
Accretion 30.9 26.2
Unrealized losses on derivatives (163.6) (706.8)
Translation of US dollar long-term debt (255.8) (79.4)
Other (2.1) (5.2)
Realized (gain) loss on cross currency swap maturity (54.6) 48.6
Decommissioning expenditures (25.1) (16.0)
Change in non-cash working capital 18.7 (29.9)
Cash flows from (used in) operations 1,718.7 1,524.3
INVESTING ACTIVITIES    
Development capital and other expenditures (1,854.7) (1,173.4)
Capital acquisitions 308.1 254.5
Capital dispositions 266.1 32.2
Other long-term assets 2.2 26.8
Investments 0.1 0.0
Change in non-cash working capital (65.8) 8.5
Cash flows from (used in) investing activities (1,960.2) (1,360.4)
FINANCING ACTIVITIES    
Proceeds from Issuing Shares, Net of Issuance Costs (2.6) 622.8
Increase (decrease) in bank debt, net 635.9 (485.8)
Repayment of senior guaranteed notes 90.3 66.7
Realized gain (loss) on cross currency swap maturity 54.6 (48.6)
Cash dividends (197.7) (260.3)
Change in non-cash working capital 0.5 (34.2)
Cash flows from (used in) financing activities 291.2 (175.6)
Impact of foreign currency on cash balances (0.7) 0.4
INCREASE (DECREASE) IN CASH 49.0 (11.3)
CASH AT BEGINNING OF YEAR 13.4 24.7
CASH AT END OF YEAR 62.4 13.4
Supplemental Cash Flow Information1 [Abstract]    
Cash taxes paid (0.3) (0.4)
Cash interest paid CAD (159.2) CAD (158.0)