XML 33 R5.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Cash Flow - CAD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Operations:    
Net loss $ (177,386) $ (120,138)
Adjustments for:    
Long-term compensation plans 31,952 17,769
Depreciation and amortization 282,326 316,322
Gain on asset disposals (8,516) (11,931)
Foreign exchange 1,733 4,808
Finance charges 91,431 107,468
Other (972) (2,392)
Loss (gain) on redemption and repurchase of unsecured senior notes 9,520 (43,814)
Income taxes paid (5,999) (6,468)
Income taxes recovered 48 1,385
Income taxes (5,396) 10,954
Loss on investments and other assets 400 0
Interest paid (67,258) (103,851)
Interest received 360 615
Funds provided by operations 152,243 170,727
Changes in non-cash working capital balances (13,018) 55,391
Cash provided by operations 139,225 226,118
Investments:    
Purchase of property, plant and equipment (75,941) (61,535)
Purchase of intangibles 0 (57)
Proceeds on sale of property, plant and equipment 13,086 21,094
Purchase of investments and other assets (3,500) 0
Changes in non-cash working capital balances 9,742 (19)
Cash used in investing activities (56,613) (40,517)
Financing:    
Issuance of long-term debt 696,341 151,066
Repayment of long-term debt (824,871) (278,112)
Repurchase of share capital (4,294) (11,317)
Debt amendment fees (913) (690)
Debt issue costs (9,450) (354)
Lease payments (6,726) (6,217)
Cash used in financing activities (149,913) (145,624)
Effect of exchange rate changes on cash and cash equivalents (883) (5,906)
Increase (decrease) in cash and cash equivalents (68,184) 34,071
Cash and cash equivalents, beginning of year 108,772 74,701
Cash and cash equivalents, end of year $ 40,588 $ 108,772