Question 2 of 5 Investment in intanglble assets Business combination Net cash used in investing activities Financine activites Net repayments of debt focilities 17 (8.8) Transaction costs on finencing ectivities 17(2.3) (0.3) Subordinate voting shares purchased for cancellation 18=(38.7) Principal paid on lease liablities 9(24.7) Settlement of term loan derivative contracts 214.6 Exercise of stockoptions Net cash (used in) from financing activities 19.\begin{tabular}{rrr} 2.4 & 3.1 & 1.2 \\ \hline(58.7] & 3.1 & (7.9) \end{tabular} Effect of foreign currency exchange rote changes on cash (Decrease) increase in cosh Cash, beginning of period \begin{tabular}{rrr} 1.6 & (0.3) & 1.7 \\ \hline(56.9) & (6.7) & 85.6 \\ 88.6 & 95.3 & 9.7 \end{tabular} Cssh, end of poriod \begin{tabular}{l|l|l|} $51.7 & $88.6 & $95.3 \\ \hline \end{tabular} EXHIBIT 5.23B Excerpt from Canada Coose Holdinge Ine's 2020 Annual Report CANADA GOOSEHOLDINGSINC. Notes to the Consoldiated Financial Statements Mareh 29,2020 (in millions of Canadian dollars, except share aind per share data) Note 23. Selected cash flows information Changes in non-oush operating ltems Trede receivables: Inventories (141.8)(87.3)(39.5) Other currentassets 6.1(20.3)(5.6) Accounts peyoble and accrued liabilites (1.3)(14.7)41.5 Provistions \begin{tabular}{l|l|l} 14.5 & -5.6 & 1.6 \end{tabular} Deferred rent Other Change in non-cash operatingitens in thousands). (d) Question 2 of 5 Investment in intanglble assets Business combination Net cash used in investing activities Financine activites Net repayments of debt focilities 17 (8.8) Transaction costs on finencing ectivities 17(2.3) (0.3) Subordinate voting shares purchased for cancellation 18=(38.7) Principal paid on lease liablities 9(24.7) Settlement of term loan derivative contracts 214.6 Exercise of stockoptions Net cash (used in) from financing activities 19.\begin{tabular}{rrr} 2.4 & 3.1 & 1.2 \\ \hline(58.7] & 3.1 & (7.9) \end{tabular} Effect of foreign currency exchange rote changes on cash (Decrease) increase in cosh Cash, beginning of period \begin{tabular}{rrr} 1.6 & (0.3) & 1.7 \\ \hline(56.9) & (6.7) & 85.6 \\ 88.6 & 95.3 & 9.7 \end{tabular} Cssh, end of poriod \begin{tabular}{l|l|l|} $51.7 & $88.6 & $95.3 \\ \hline \end{tabular} EXHIBIT 5.23B Excerpt from Canada Coose Holdinge Ine's 2020 Annual Report CANADA GOOSEHOLDINGSINC. Notes to the Consoldiated Financial Statements Mareh 29,2020 (in millions of Canadian dollars, except share aind per share data) Note 23. Selected cash flows information Changes in non-oush operating ltems Trede receivables: Inventories (141.8)(87.3)(39.5) Other currentassets 6.1(20.3)(5.6) Accounts peyoble and accrued liabilites (1.3)(14.7)41.5 Provistions \begin{tabular}{l|l|l} 14.5 & -5.6 & 1.6 \end{tabular} Deferred rent Other Change in non-cash operatingitens in thousands). (d)
