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Consolidated Statement of Cash Flows Statement - CAD ($)
$ in Millions
12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating activities    
Profit (loss) from continuing operations $ 355.7 $ 257.1
Adjustments for:    
Depreciation of property, plant and equipment 120.8 122.8
Amortization of intangible and other assets 78.8 89.1
After tax share in profit of equity accounted investees (42.4) (51.7)
Deferred income taxes (35.7) 26.4
Investment tax credits (6.8) (18.2)
Share-based compensation 23.1 29.2
Defined benefit pension plans 7.6 9.4
Amortization of other non-current liabilities (32.8) (67.8)
Derivative financial assets and liabilities – net 7.3 14.5
Gain on disposal of interest in investment (14.3) 0.0
Remeasurement of investment, net of reorganization and other costs (4.0) 0.0
Other (10.9) 24.4
Changes in non-cash working capital (43.1) 29.1
Net cash provided by operating activities 403.3 464.3
Investing activities    
Business combinations, net of cash and cash equivalents acquired (124.4) (5.5)
Net proceeds from disposal of interests in investment 117.8 0.0
Capital expenditures for property, plant and equipment 173.9 222.9
Proceeds from disposal of property, plant and equipment 27.0 6.6
Capitalized development costs 32.5 37.8
Enterprise resource planning (ERP) and other software 14.8 13.1
Net payments to equity accounted investees (11.5) (10.6)
Dividends received from equity accounted investees 37.6 16.5
Other 5.7 7.6
Net cash used in investing activities 169.0 259.2
Financing activities    
Proceeds from borrowing under revolving unsecured credit facilities 106.0 667.5
Repayment of borrowing under revolving unsecured credit facilities (106.0) (667.5)
Proceeds from long-term debt 37.8 50.9
Repayment of long-term debt (33.4) (98.8)
Repayment of finance lease (25.0) (24.3)
Dividends paid (89.9) (80.6)
Common stock issuance 15.7 12.7
Repurchase of common shares (44.8) (41.7)
Other (2.9) 0.7
Net cash used in financing activities (142.5) (181.1)
Effect of foreign exchange rate changes on cash and cash equivalents 15.0 (4.9)
Net increase in cash and cash equivalents 106.8 19.1
Cash and cash equivalents, beginning of period 504.7 485.6
Cash and cash equivalents, end of period 611.5 504.7
Interest paid 56.0 58.5
Interest received 12.9 11.9
Income taxes paid $ 36.4 $ 24.8