i Consolidated statement of cash flows el cal cal at a 2017 2016 Carvalho Entertainment Inc. Consolidated Statement of Cash Flows For the Year Ended August 31, 2017 (in thousands of Canadian dollars) Operating activities Net income for the year Adjustments to reconcile net income to cash provided by operating activities: Amortization of program rights Amortization of film investments Depreciation and amortization sthd 224,361 144,492 hen hey 507,932 24,049 310.885 22,547 73.788 That 91,930 cala al 11 3 Adjustments to reconcile net income to cash provided by operating activities: Amortization of program rights Amortization of film investments Depreciation and amortization Deferred income taxes (recovery) Intangible and other assets impairment (recovery) 507,932 24.049 91,930 17,123 5,259 310,885 22.547 73.788 (22,386) (820) n (506,321) (372,851) Other Cash flow from operations 364,333 65,782 155,555 43,296 Net change in non-cash working capital balances related to operations. Cash provided by operating activities 298,551 198,851 Car 298,551 ng 198,851 Wha ard whe Cash provided by operating activities Investing activities Additions to property, plant and equipment Net proceeds from disposition Business combinations, net of acquired cash Proceeds from disposition of non-controlling interest Proceeds from disposition of investment Net cash flows from intangibles, investments, and Ather assets Cash used in investing activities (26,938) (22,572) 209.212 3,009 (1,827 006) 5,248 alen rvali 4,095 (6.295) 1,873 (19,517) (20,881) (1.659,110) WATU SAY GUYS 1 1,942, 193 Financing activities Increase (decrease) in bank loans Issuance of shares under stock option plan Dividend paid Dividend paid to non-controlling interest (110,013) 156 (105,811) (35,158) (89.150) (19.742) (3,226) (356,700) Other Cash provided by (used in) financing activities Net change in cash and cash equivalents during the year Cash and cash equivalents, beginning of the year Cash and cash equivalents, end of the year (254,052) 23,618 53,842 1,476,601 16,342 37,500 $ 77,460 $ 53.842 Print Done