Chapter 12
Using Accounting Information
375
Second Cup Coffee Co.
Statement of Cash Flows
For the Periods Ended December 27, 2014 and December 28, 2013
(Expressed in thousands of Canadian dollars)
2014
2013
CASH PROVIDED BY (USED IN)
Operating Activities
Net Loss
$(27,032)
$(7,369)
Items Not Involving Cash
Depreciation Expense
933
749
Amortization Expense
339
502
Loss (Gain) on Disposal of Equipment
186
(197)
Impairment Charges
29,708
13,552
Other
(3,902)
393
Changes in Non-Cash Working Capital
Accounts Receivable
177
248
Notes and Leases Receivable
(150)
191
Inventory
(31)
14
Prepaid Expenses
(295)
505
Accounts Payable
1,426
1,463
Provisions
899
1,212
Other Liabilities
(301)
(65)
Gift Card Liability
(168)
(665)
Deposits From Franchisees
(500)
(602)
Income Taxes
(837)
(180)
Cash Provided by Operating Activities
452
7,621
Investing Activities
Cash from Disposal of Equipment
234
1,240
Cash from Disposal of Intangible Assets
84
-
Cash Payment for Equipment
(1,575)
(2,117)
Cash Payment for Intangible Assets
(750)
(787)
Investment in Notes Receivable
-
(10)
Other
147
70
Cash Provided by Investing Activities
(1,860)
(1,604)
Financing Activities
Dividends Paid to Shareholders
(1,684)
(3,367)
Issuance of Common Shares
7,509
-
Deferred Financing Charges
-
(29)
Cash Provided by Financing Activities
5,825
(3,396)
Increase in Cash During the Period
4,417
2,621
Cash and Cash Equivalents—Beginning
6,501
3,880
Cash and Cash Equivalents—Ending
$10,918
$6,501
_______________
Figure 12.23
