XML 31 R5.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Statements of Cash Flow - CAD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Operations:    
Net loss $ (34,293) $ (177,386)
Adjustments for:    
Long-term compensation plans 60,094 31,952
Depreciation and amortization 279,035 282,326
Gain on asset disposals (29,926) (8,516)
Foreign exchange 638 1,733
Finance charges 87,813 91,431
Other 542 (972)
Loss (gain) on investments and other assets (12,452) 400
Loss on redemption and repurchase of unsecured senior notes 0 9,520
Income taxes paid (3,263) (5,999)
Income taxes recovered 24 48
Income taxes 20,150 (5,396)
Interest paid (85,678) (67,258)
Interest received 310 360
Funds provided by operations 282,994 152,243
Changes in non-cash working capital balances (45,890) (13,018)
Cash provided by operations 237,104 139,225
Investments:    
Purchase of property, plant and equipment (184,250) (75,941)
Proceeds on sale of property, plant and equipment 37,198 13,086
Business acquisitions (10,200) 0
Purchase of investments and other assets (617) (3,500)
Changes in non-cash working capital balances 13,454 9,742
Cash used in investing activities (144,415) (56,613)
Financing:    
Issuance of long-term debt 144,889 696,341
Repayment of long-term debt (250,749) (824,871)
Repurchase of share capital (10,010) (4,294)
Debt amendment fees 0 (913)
Debt issue costs 0 (9,450)
Lease payments (7,134) (6,726)
Issuance of common shares on the exercise of options 9,833 0
Cash used in financing activities (113,171) (149,913)
Effect of exchange rate changes on cash and cash equivalents 1,481 (883)
Decrease in cash (19,001) (68,184)
Cash and cash equivalents, beginning of year 40,588 108,772
Cash and cash equivalents, end of year $ 21,587 $ 40,588