XML 22 R6.htm IDEA: XBRL DOCUMENT v3.23.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - CAD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net (loss) income for the year $ (23,407) $ 7,371 $ 212
Adjustments for:      
Amortization, depreciation and depletion 10,699 11,023 11,470
Exchange differences on foreign currency transactions (3,922) (2,838) 2,709
Loss (gain) on securities 2,436 2,320 (758)
Gain on derivatives   (1,376)  
(Gain) loss on dispositions of subsidiaries (264)   546
Impairment of assets held for sale 31,443    
Share-based compensation   2,497  
(Recovery of) deferred income taxes (7,557) 2,074 4,798
Interest accretion 385 332 143
Change in fair value of investment property and real estate held for sale (96) (407) (757)
Change in fair value of a loan payable measured at FVTPL 141 1,616 549
(Reversal of) credit losses (47) 88 (3,108)
(Reversal of) write-downs of inventories (21) (19) 469
Write-offs of intangible assets and prepaid     25
Gains on settlements and derecognition of liabilities (69) (390) (2,600)
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:      
Short-term securities (12,509) (3,949) (2,608)
Receivables 24,269 (24,489) (33,847)
Inventories 295 333 517
Restricted cash (211) 20 (60)
Deposits, prepaid and other (1,034) 415 97
Account payables and accrued expenses 9,876 (1,685) 521
Income tax liabilities 509 563 26
Other (279) (136) 385
Cash flows provided by (used in) operating activities 30,637 (6,637) (21,271)
Cash flows from investing activities:      
Purchases of property, plant and equipment, net (472) (982) (227)
Proceeds from sales of investment property 2,643 11 4,564
Increase in loan receivables (6,848)   (265)
Dispositions of subsidiaries, net of cash and cash equivalents disposed of     (873)
Other     220
Cash flows (used in) provided by investing activities (4,677) (971) 3,419
Cash flows from financing activities:      
Dividends paid to owners of the Company (16,928)    
Reductions in lease liabilities (350) (424) (451)
Exercise of stock options 406    
Dividends paid to non-controlling interests (341)   (30)
Other 21   (17)
Cash flows used in financing activities (17,192) (424) (498)
Exchange rate effect on cash 76 (647) 3,628
Increase (decrease) in cash 8,844 (8,679) (14,722)
Cash, beginning of year 54,873 63,552 78,274
Cash, end of year 63,717 54,873 63,552
Supplemental cash flows disclosures      
Interest received 491 221 484
Dividends received 268 244 11
Interest paid (1,562) (1,747) (1,880)
Income taxes paid $ (5,876) $ (9,526) $ (3,730)