XML 25 R6.htm IDEA: XBRL DOCUMENT v3.24.1.u1
CONSOLIDATED STATEMENTS OF CASH FLOWS - CAD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Net income (loss) for the year $ 1,399 $ (23,407) $ 7,371
Adjustments for:      
Amortization, depreciation and depletion 7,929 10,699 11,023
Exchange differences on foreign currency transactions 427 (3,922) (2,838)
Loss on securities 2,794 2,436 2,320
Gain on derivatives     (1,376)
Gain on disposition of a subsidiary 0 (264)  
(Reversal of) impairment of assets held for sale (1,246) 31,443  
Share-based compensation     2,497
Deferred income taxes (1,560) (7,557) 2,074
Interest accretion 270 385 332
Change in fair value of investment property and real estate held for sale 59 (96) (407)
Change in fair value of a loan payable measured at FVTPL 360 141 1,616
Credit losses (recovery) 547 (47) 88
Reversal of write-downs of inventories (27) (21) (19)
Gains on settlements and derecognition of liabilities (1,313) (69) (390)
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:      
Short-term securities 14,550 (12,509) (3,949)
Receivables (16,264) 24,269 (24,489)
Inventories (340) 295 333
Restricted cash (28) (211) 20
Deposits, prepaid and other 276 (1,034) 415
Assets held for sale 19,242    
Account payables and accrued expenses (3,993) 9,876 (1,685)
Income tax liabilities 3,008 509 563
Other 91 (279) (136)
Cash flows provided by (used in) operating activities 26,181 30,637 (6,637)
Cash flows from investing activities:      
Purchases of property, plant and equipment, net (180) (472) (982)
Proceeds from sales of investment property 1,172 2,643 11
Increase in loan receivables (7,299) (6,848)  
Cash flows used in investing activities (6,307) (4,677) (971)
Cash flows from financing activities:      
Dividends paid to owners of the Company (3,421) (16,928)  
Reductions in lease liabilities (394) (350) (424)
Exercise of stock options   406  
Dividends paid to non-controlling interests   (341)  
Other   21  
Cash flows used in financing activities (3,815) (17,192) (424)
Exchange rate effect on cash (1,524) 76 (647)
Increase (decrease) in cash 14,535 8,844 (8,679)
Cash, beginning of year 63,717 54,873 63,552
Cash, end of year 78,252 63,717 54,873
Supplemental cash flows disclosures (see Note 23)      
Interest received 2,548 491 221
Dividends received 146 268 244
Interest paid (1,644) (1,562) (1,747)
Income taxes paid $ (2,978) $ (5,876) $ (9,526)