ANALYZE THE STATEMENT OF CASHFLOWS FOR COMPANY XYZ!

CASH FLOW STATEMENTS. EXERCISE 2. COMPANY XYZ Analyze the statement of Cash Flows for XYZ 2013 2012 Cash and cash equivalents provided by (used in): Operating activities Net loss for the year (Increase) decrease in restricted cash $(8,908) $(12,797) (1,607) 1,758 Items not affecting cash: Loss on disposal of assets Amortization and depreciation Other finance losses, net (note 17) 3 712 870 2,065 438 Unrealized foreign exchange (gains) losses Stock-based compensation (note 13) Portion of borrowings recorded as a reduction from research and product development expenses or fixed assets (note 11) (120) (257) 577 631 934) (981) Accreted non-cash interest (note 11) 349 288 (100) Payment of post-retirement benefit liability (note 11) Liabilities for compensation indexed to share price Net change in non-cash working capital (note 25) Cash used in operating activities (97) 4,223 768 11,631 (8,879) (9,197 (1,163) Investing activities Proceeds from disposal of property, plant and equipment Purchase of property, plant and equipment Purchase of intangible assets Cash used in investing activities Financing activities Payment of repayable government contributions (note 11) Proceeds of borrowings, net of transaction costs (note 11) Proceeds of operating borrowings Repayment of operating borrowings Common shares issued and warrants exercised, net of issuance costs (note 12) Cash provided by financing activities Effect of exchange rate fluctuations on cash and cash equivalents held Increase (decrease) in cash and cash equivalents during the year Cash and cash equivalents - Beginning of year Cash and cash equivalents - End of year 26 (424 (939) (32) (2) (400) (971) (393) (308) 1,621 1,782 1,412 1,182 (1,182) 1,412) 5,178 6,491 7,280 8,669 302 307 (1,197) 13,020 $11,823 5,235 7,785 $ 13,020 CASH FLOW STATEMENTS. EXERCISE 2. COMPANY XYZ Analyze the statement of Cash Flows for XYZ 2013 2012 Cash and cash equivalents provided by (used in): Operating activities Net loss for the year (Increase) decrease in restricted cash $(8,908) $(12,797) (1,607) 1,758 Items not affecting cash: Loss on disposal of assets Amortization and depreciation Other finance losses, net (note 17) 3 712 870 2,065 438 Unrealized foreign exchange (gains) losses Stock-based compensation (note 13) Portion of borrowings recorded as a reduction from research and product development expenses or fixed assets (note 11) (120) (257) 577 631 934) (981) Accreted non-cash interest (note 11) 349 288 (100) Payment of post-retirement benefit liability (note 11) Liabilities for compensation indexed to share price Net change in non-cash working capital (note 25) Cash used in operating activities (97) 4,223 768 11,631 (8,879) (9,197 (1,163) Investing activities Proceeds from disposal of property, plant and equipment Purchase of property, plant and equipment Purchase of intangible assets Cash used in investing activities Financing activities Payment of repayable government contributions (note 11) Proceeds of borrowings, net of transaction costs (note 11) Proceeds of operating borrowings Repayment of operating borrowings Common shares issued and warrants exercised, net of issuance costs (note 12) Cash provided by financing activities Effect of exchange rate fluctuations on cash and cash equivalents held Increase (decrease) in cash and cash equivalents during the year Cash and cash equivalents - Beginning of year Cash and cash equivalents - End of year 26 (424 (939) (32) (2) (400) (971) (393) (308) 1,621 1,782 1,412 1,182 (1,182) 1,412) 5,178 6,491 7,280 8,669 302 307 (1,197) 13,020 $11,823 5,235 7,785 $ 13,020