WWith the above financial statements what is the funded debt of 2020?
Consolidated Statements of Cash Flows For the years ended September 30 (in thousands of Canadian dollars) Notes 2020 $ 2019 $ 1,117,862 1,263,207 24 16 Operating activities Net earnings Adjustments for: Amortization, depreciation and impairment Deferred income tax expense (recovery) Foreign exchange (gain) loss Share-based payment costs Loss on sale of business Net change in non-cash working capital items Cash provided by operating activities 565,692 6,170 (7,956) 37,358 1,266 218,164 1,938,556 392,301 (8,297) 3,519 39,440 28a (56,251) 1,633,919 8,414 (269,585) Investing activities Net change in short-term investments Business acquisitions (considering the bank overdraft assumed and cash acquired) Investment in Acando AB Proceeds from sale of business Purchase of property, plant and equipment Additions to contract costs Additions to intangible assets Purchase of long-term investments Proceeds from sale of long-term investments Cash used in investing activities 2,647 (128,478) (72,845) (114,112) (10,594) 12,100 (572,453) (9,889) (480,366) (140,248) 600 (162,061) (60,191) (105,976) (523) 7,845 (950,809) 14 and 28c 28c 139,575 686,810 (355,406) Financing activities Net change in unsecured committed revolving credit facility Increase of long-term debt Repayment of long-term debt Payment of lease liabilities Repayment of debt assumed in business acquisitions Payment for remaining shares of Acando Settlement of derivative financial instruments Purchase of Class A subordinate voting shares held in trusts Purchase and cancellation of Class A subordinate voting shares Issuance of Class A subordinate voting shares Cash provided by (used in) financing activities Effect of foreign exchange rate changes on cash and cash equivalents Net increase in cash and cash equivalents Cash and cash equivalents, beginning of year Cash and cash equivalents, end of year 28C 28C 28c 27b 28c and 32 19 (2,141) (334,370) 1,807,167 (106,496) (175,320) (28,281) (23,123) (3,903) (55,287) (1,043,517) 57,302 94,172 33,879 1,494,154 213,831 1,707,985 19 (554) (30,740) (1,130,255) 63,602 (629,109) (24,261) 29,740 184,091 213,831 Supplementary cash flow information (Note 28). Con Moton Consolidated Balance Sheets As at September 30 (in thousands of Canadian dollars) Notes 2020 2019 28e and 32 4 and 32 32 Assets Current assets Cash and cash equivalents Accounts receivable Work in progress Current financial assets Prepaid expenses and other current assets Income taxes Total current assets before funds held for clients Funds held for clients Total current assets Property, plant and equipment Right-of-use assets Contract costs Intangible assets Other long-term assets Long-term financial assets Deferred tax assets Goodwill 1,707,985 1,219,302 1,075,252 18,500 160,406 29,363 4,210,808 725,178 4,935,986 372,946 666,865 239,376 521,462 163,739 156,569 113,484 8,379,931 15,550 358 213,831 1,357,090 1,096,031 39,931 172,182 10,206 2,889,271 368,112 3.257,383 397,661 5 6 3 and 7 8 10 11 16 12 222,965 517,982 180,480 176,899 100,539 7,767,837 12,621,746 32 1,108,895 642,897 4,902 397,370 176,243 73,509 113,511 13 14 3 Liabilities Current liabilities Accounts payable and accrued liabilities Accrued compensation Current derivative financial instruments Deferred revenue Income taxes Provisions Current portion of long-term debt Current portion of lease liabilities Total current liabilities before clients' funds obligations Clients' funds obligations Total current liabilities Long-term income taxes Long-term provisions Long-term debt Long-term lease liabilities Other long-term liabilities Long-term derivative financial instruments Deferred tax liabilities Retirement benefits obligations 1,025,963 672,775 8,328 426,393 136,928 175,632 310,764 178,720 2,935,503 720,322 3,655,825 6,720 23,888 3,276,331 697,650 185,374 56,622 158,341 225.447 8,286,198 2,517,327 366,796 2,884,123 7.690 24,946 2.217.696 13 14 3 15 32 16 17 213,392 18,322 178,265 193,209 5,737,643 Equity Retained earnings Accumulated other comprehensive income Capital stock Contributed surplus 18 19 4,703,642 545,710 1,761,873 252,935 7,264,160 15,550,358 4,557,856 176,694 1,903,977 245,577 6,884,103 12.621.746 See Notes to the Consolidated Financial Statements. Consolidated Statements of Earnings For the years ended September 30 (in thousands of Canadian dollars, except per share data) Notes 2020 $ 12,164,115 2019 $ 12,111,236 29 23 Revenue Operating expenses Costs of services, selling and administrative Acquisition-related and integration costs Restructuring costs Net finance costs Foreign exchange (gain) loss 10,284,007 77,417 27c 25 26 10,302,068 76,794 155,411 114,474 (899) 10,647,848 1,516,267 398, 405 1,117,862 70,630 2,234 10,434,288 1,676,948 413,741 1,263,207 16 Earnings before income taxes Income tax expense Net earnings Earnings per share Basic earnings per share Diluted earnings per share 21 21 4.27 4.20 4.63 4.55 Consolidated Statements of Cash Flows For the years ended September 30 (in thousands of Canadian dollars) Notes 2020 $ 2019 $ 1,117,862 1,263,207 24 16 Operating activities Net earnings Adjustments for: Amortization, depreciation and impairment Deferred income tax expense (recovery) Foreign exchange (gain) loss Share-based payment costs Loss on sale of business Net change in non-cash working capital items Cash provided by operating activities 565,692 6,170 (7,956) 37,358 1,266 218,164 1,938,556 392,301 (8,297) 3,519 39,440 28a (56,251) 1,633,919 8,414 (269,585) Investing activities Net change in short-term investments Business acquisitions (considering the bank overdraft assumed and cash acquired) Investment in Acando AB Proceeds from sale of business Purchase of property, plant and equipment Additions to contract costs Additions to intangible assets Purchase of long-term investments Proceeds from sale of long-term investments Cash used in investing activities 2,647 (128,478) (72,845) (114,112) (10,594) 12,100 (572,453) (9,889) (480,366) (140,248) 600 (162,061) (60,191) (105,976) (523) 7,845 (950,809) 14 and 28c 28c 139,575 686,810 (355,406) Financing activities Net change in unsecured committed revolving credit facility Increase of long-term debt Repayment of long-term debt Payment of lease liabilities Repayment of debt assumed in business acquisitions Payment for remaining shares of Acando Settlement of derivative financial instruments Purchase of Class A subordinate voting shares held in trusts Purchase and cancellation of Class A subordinate voting shares Issuance of Class A subordinate voting shares Cash provided by (used in) financing activities Effect of foreign exchange rate changes on cash and cash equivalents Net increase in cash and cash equivalents Cash and cash equivalents, beginning of year Cash and cash equivalents, end of year 28C 28C 28c 27b 28c and 32 19 (2,141) (334,370) 1,807,167 (106,496) (175,320) (28,281) (23,123) (3,903) (55,287) (1,043,517) 57,302 94,172 33,879 1,494,154 213,831 1,707,985 19 (554) (30,740) (1,130,255) 63,602 (629,109) (24,261) 29,740 184,091 213,831 Supplementary cash flow information (Note 28). Con Moton Consolidated Balance Sheets As at September 30 (in thousands of Canadian dollars) Notes 2020 2019 28e and 32 4 and 32 32 Assets Current assets Cash and cash equivalents Accounts receivable Work in progress Current financial assets Prepaid expenses and other current assets Income taxes Total current assets before funds held for clients Funds held for clients Total current assets Property, plant and equipment Right-of-use assets Contract costs Intangible assets Other long-term assets Long-term financial assets Deferred tax assets Goodwill 1,707,985 1,219,302 1,075,252 18,500 160,406 29,363 4,210,808 725,178 4,935,986 372,946 666,865 239,376 521,462 163,739 156,569 113,484 8,379,931 15,550 358 213,831 1,357,090 1,096,031 39,931 172,182 10,206 2,889,271 368,112 3.257,383 397,661 5 6 3 and 7 8 10 11 16 12 222,965 517,982 180,480 176,899 100,539 7,767,837 12,621,746 32 1,108,895 642,897 4,902 397,370 176,243 73,509 113,511 13 14 3 Liabilities Current liabilities Accounts payable and accrued liabilities Accrued compensation Current derivative financial instruments Deferred revenue Income taxes Provisions Current portion of long-term debt Current portion of lease liabilities Total current liabilities before clients' funds obligations Clients' funds obligations Total current liabilities Long-term income taxes Long-term provisions Long-term debt Long-term lease liabilities Other long-term liabilities Long-term derivative financial instruments Deferred tax liabilities Retirement benefits obligations 1,025,963 672,775 8,328 426,393 136,928 175,632 310,764 178,720 2,935,503 720,322 3,655,825 6,720 23,888 3,276,331 697,650 185,374 56,622 158,341 225.447 8,286,198 2,517,327 366,796 2,884,123 7.690 24,946 2.217.696 13 14 3 15 32 16 17 213,392 18,322 178,265 193,209 5,737,643 Equity Retained earnings Accumulated other comprehensive income Capital stock Contributed surplus 18 19 4,703,642 545,710 1,761,873 252,935 7,264,160 15,550,358 4,557,856 176,694 1,903,977 245,577 6,884,103 12.621.746 See Notes to the Consolidated Financial Statements. Consolidated Statements of Earnings For the years ended September 30 (in thousands of Canadian dollars, except per share data) Notes 2020 $ 12,164,115 2019 $ 12,111,236 29 23 Revenue Operating expenses Costs of services, selling and administrative Acquisition-related and integration costs Restructuring costs Net finance costs Foreign exchange (gain) loss 10,284,007 77,417 27c 25 26 10,302,068 76,794 155,411 114,474 (899) 10,647,848 1,516,267 398, 405 1,117,862 70,630 2,234 10,434,288 1,676,948 413,741 1,263,207 16 Earnings before income taxes Income tax expense Net earnings Earnings per share Basic earnings per share Diluted earnings per share 21 21 4.27 4.20 4.63 4.55
