Corus Entertainment Announces Fiscal 2013 Fourth Quarter and Year-End Results
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CORUS ENTERTAINMENT INC.
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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
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As at August 31,
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(unaudited - in thousands of Canadian dollars)
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2013
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2012
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ASSETS
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Current
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Cash and cash equivalents
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86,081
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24,588
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Accounts receivable
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176,504
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173,421
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Promissory note receivable
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47,759
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—
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Income taxes recoverable
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341
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9,542
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Prepaid expenses and other
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16,416
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12,664
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Total current assets
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327,101
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220,215
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Tax credits receivable
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41,564
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43,865
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Intangibles, investments and other assets
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42,975
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42,390
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Property, plant and equipment
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151,398
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163,563
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Program and film rights
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289,181
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271,244
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Film investments
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62,734
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67,983
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Broadcast licenses
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563,771
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569,505
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Goodwill
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674,393
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674,393
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Deferred tax assets
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39,463
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28,327
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2,192,580
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2,081,485
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LIABILITIES AND SHAREHOLDERS' EQUITY
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Current
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Accounts payable and accrued liabilities
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172,663
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185,991
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Provisions
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3,941
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2,322
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Total current liabilities
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176,604
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188,313
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Long-term debt
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538,966
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518,258
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Other long-term liabilities
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105,020
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87,853
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Deferred tax liabilities
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151,157
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150,971
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Total liabilities
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971,747
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945,395
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SHAREHOLDERS' EQUITY
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Share capital
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937,183
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910,005
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Contributed surplus
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7,221
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7,835
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Retained earnings
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256,517
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198,445
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Accumulated other comprehensive income (loss)
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1,653
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(812)
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Total equity attributable to shareholders
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1,202,574
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1,115,473
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Equity attributable to non-controlling interest
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18,259
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20,617
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Total shareholders' equity
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1,220,833
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1,136,090
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2,192,580
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2,081,485
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