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Consolidated Balance Sheets (CAD)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets    
Cash 13,742 1,164
Accounts receivable, net (note 5 and 16(d)) 70,177 152,810
Unbilled revenue (note 6) 32,168 80,223
Inventories (note 7) 5,907 10,838
Prepaid expenses and deposits (note 8) 2,152 4,198
Assets held for sale (note 9 and 16(a)) 52 251
Deferred tax assets (note 10) 3,678 4,396
Total current assets 127,876 253,880
Property, plant and equipment, net (note 11) 277,975 332,252
Other assets (note 12(a)) 12,130 17,510
Goodwill (note 13) 0 32,901
Deferred tax assets (note 10) 27,660 56,814
Total Assets 445,641 693,357
Current liabilities    
Accounts payable 48,438 109,577
Accrued liabilities (note 14) 15,655 16,273
Billings in excess of costs incurred and estimated earnings on uncompleted contracts (note 6) 6,357 9,755
Current portion of long term debt (note 15(a)) 14,996 25,910
Current portion of derivative financial instruments (note 16(a)) 0 3,586
Deferred tax liabilities (note 10) 8,036 19,082
Total current liabilities 93,482 184,183
Long term debt (note 15(a)) 103,299 310,925
Derivative financial instruments (note 16(a)) 0 2,965
Other long term obligations (note 17(a)) 7,207 4,788
Deferred tax liabilities (note 10) 49,818 57,939
Total liabilities 253,806 560,800
Shareholders' equity    
Common shares (authorized – unlimited number of voting common shares; issued and outstanding – December 31, 2013 - 34,746,236 (December 31, 2012 - 36,251,006)) (note 18(a)) 290,517 304,908
Additional paid-in capital 14,750 10,292
Deficit (113,432) (182,616)
Accumulated other comprehensive loss 0 (27)
Total shareholders' equity 191,835 132,557
Total liabilities and shareholders' equity 445,641 693,357
Commitments (note 19)      
Contingencies (note 20)