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Refer to the Castle Entertainment Inc. cash flow statement provided and answer the following questions: (Click the icon to view the consolidated statement of cash

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Refer to the Castle Entertainment Inc. cash flow statement provided and answer the following questions: (Click the icon to view the consolidated statement of cash flows.) Required What is the period of time covered by Castle's cash flow statement? What was Castle's net income during the period covered by the cash flow statement? In the Investing Activities section, on what did Castle spend most of its cash? How much cash did Castle spend? (Note that cash outflows, or cash payments, are indicated by dollar amounts in parentheses.) In the Financing Activities section, on what did Castle spend most of its cash? How much cash did the company spend on this category? What amount of cash and cash equivalents did Castle report on its balance sheet at the end of 2017? b. C d. e. 2017 2016 Castle 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 Deferred income taxes (recovery) 227,693 143,526 508,886 314,056 24,053 91,912 16,984 22,679 74,005 (22,672) 2017 2016 227,693 143,526 (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 Deferred income taxes (recovery) Intangible and other assets impairment (recovery) 508,886 24,053 91,912 16,984 5,215 314,056 22,679 I 74,005 (22,672) (828) Other (507,528) (369,376) Cash flow from operations 367,215 161,390 Other (507,528) (369,376) 367,215 66,157 161,390 43,102 301,058 204,492 ho (27,078) Cash flow from operations Net change in non-cash working capital balances related to operations 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 other assets Cash used in investing activities (22,605) 209,531 (1,820,411) 3,009 5,240 4,115 (6,267) 1,685 (19,709) (20,981) (1,651,509) (20,981) (1,651,509) Cash used in investing activities Financing activities Increase (decrease) in bank loans Issuance of shares under stock option plan Dividend paid Dividend paid to non-controlling interest 1,960,982 (111,121) 155 (105,232) (34,789) (89,565) (19,908) BE (3,234) (358,296) 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 (254,221) 25,856 84,020 1,493,213 46,196 37,824 Cash and cash equivalents, end of the year $ 109,876 $ 84,020 a. What is the period of time covered by Castle's cash flow statement? O A. The month ended August 31, 2017 B. The year ended August 31, 2016. OC. The month ended August 31, 2016. OD. The year ended August 31, 2017 b. What was Cantes et income ouing the period covered by the cash flow statement? (Uue parentheses or minus sinto indicate a net loss. Enter the count in thousands as provided to you in the problem statement The ne income for the period was hands c. In the investing Action on ward Carte Spend most of its How much cash and that shows the wordt door Enter the amount in thousands as provided to you in the problem statement Caste scent most of the investigative section on Theme wapend most of how much did the condensatory Enter the mount in thousands as provided to you in the mobile statement Caste spent most of cash in the financing activities section on The company thousands e. What amount of cash and cash valents did Castle report on to balance sheet at the end of 2017 Enter the amount in thousands as provided to you in the problem statement Castle reported thousands on the balance sheet at the end of 2017

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