Page 373 - CEO Orientation

Statement of Cash Flow:

Statement of Cash Flows
For the period ended November 30, 2017 - DRAFT (unaudited)
(In thousands of dollars)

Cash provided by (used in) YTD Actual Mar-17
$ $
Operating activities
(Deficit) surplus for the period 1,895 2,564
Realized gains on investments, recognized in the
statement of operations during the period (3,282) (444)
Items not affecting cash
Amortization of capital assets 31,262 46,606
Amortization fo deferred contributions - capital assets (12,807) (19,302)
Interest expense on accretion of mortgage payable - land - 168
Pension and other post-employment benefits expense 29,635 (12,521)
Amortization fo deferred contributions - other (99) (2,210)
Net change in non-cash working capital balances (58,597) 69,233
(11,992) 84,092
Investing activities
Proceeds on redemption of long-term investments 85,189 158
Proceeds on redemption of short-term investments - 2,816
Knowledge Institute - restricted and capital funds received - 4,423
85,189 7,397
Capital activites
Purchase of capital assets (61,058) (58,990)

Financing activities
Contributions received for capital purposes 8,259 12,989
Contributions received for 3.0 redevlopment project 159,485 -
Contributions to restricted cash 102 (622)
Repayment of obligations under capital lease (40) (58)
Net change in long-term obligation 23,247 (65,767)
Mortgage paid (956) (1,000)
190,097 (54,459)

Increase (decrease) in cash and cash equivalents during the period 202,236 (21,959)

Cash and cash equivalents - Beginning of period 163,083 185,042

Cash and cash equivalents - End of period 365,319 163,083

Recommended Action/Motion for Approval:

To accept the report with attachments, as presented.

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