$23M negative WC ...
suggests the company should be considering raising money. Could explain the walk down by players seeking a bought deal?
Working Capital = 77,3734 - 100,365 = ($22,992) (in millions of CAD dollars)
Current
Cash and cash equivalents (Note21) 15,958
Trade and other receivables (Note5) 53,159
Inventories 76
Other asets(Note 6) 7,629
Prepayments and deposits 551
77,3734
Non-current
Prepayments and deposits 81
Deferred tax aset(Note13) 12
Property and equipment(Note7) 1,710
Intangible asets (Note8) 212,590
Goodwill (Note9) 156,705
Total asets 448,4714
Liabilities and Shareholders’ Deficiency
Current liabilities
Accounts payable and accrued liabilities (Note10) 99,681
Currentportion of lease liabilities(Note26) 684
100,365
Non-current liabilities
Deferred tax liability (Note13) 35,527
Long-term portionoflease liabilities(Note26) 552
Borrowings(Note 11) 47,979
Total liabilities 184,423
Shareholders’ Deficiency
Sharecapital (Note14) 262,827
Contributedsurplus (Note15) 9,153
Deficit (7,606)
Accumulated othercomprehensive loss (326)
Total shareholders’ equity/(deficiency) 264,048
Total liabilities and shareholders’ equity/deficiency 448,4714