MOSAID Reports Results for First Quarter Fiscal 2012 and Dividend

See accompanying Notes to the Condensed Consolidated Financial Statements

MOSAID TECHNOLOGIES INCORPORATED                                            
CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS                             
(In thousands of Canadian Dollars)                                          
(unaudited)                                                                 
                                                                            
                                                       July 31,    July 31, 
Period Ended                                               2011        2010 
----------------------------------------------------------------------------
                                                                            
Operating                                                                   
Net income                                               $2,576      $5,083 
Items not affecting cash                                                    
  Amortization                                            4,051       3,411 
  Stock-based compensation                                  560         486 
  Unrealized foreign exchange loss on other long-                           
   term liabilities                                         197         618 
  Deferred income taxes and investment tax credits          310         215 
----------------------------------------------------------------------------
                                                          7,694       9,813 
Change in non-cash working capital items (Note 11)        3,503      (4,837)
----------------------------------------------------------------------------
                                                         11,197       4,976 
----------------------------------------------------------------------------
                                                                            
Investing                                                                   
Acquisition of property and equipment and acquired                          
 intangibles                                             (1,107)        (74)
Acquisition of marketable securities                     (5,698)     (9,909)
Proceeds on disposal and maturity of marketable                             
 securities                                              11,282      10,492 
----------------------------------------------------------------------------
                                                          4,477         509 
----------------------------------------------------------------------------
                                                                                        
Financing                                                                                                                                      
Increase  in  other  long-term  liabilities                                          457                  747  
Dividends  paid                                                                                      (2,623)          (2,943)
Issuance  of  common  shares                                                                      139                    78  
----------------------------------------------------------------------------
                                                                                                                  (2,027)          (2,118)
----------------------------------------------------------------------------
Net  cash  inflow                                                                                    13,647              3,367  
Cash  and  cash  equivalents,  beginning  of  period                      97,809            70,732  
----------------------------------------------------------------------------
Cash  and  cash  equivalents,  end  of  period                              $111,456          $74,099  
----------------------------------------------------------------------------
----------------------------------------------------------------------------
                                                                                                                                                        
Supplementary  Information:                                                                                                    
                                                                                                                                                        
Cash  on  hand  and  bank  balances                                                  $111,456          $74,099  
Short-term  investments                                                                                -                      -  
----------------------------------------------------------------------------
Total  cash  and  cash  equivalents                                                $111,456          $74,099  
----------------------------------------------------------------------------
----------------------------------------------------------------------------

 

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7  Next Page »



Review Article Be the first to review this article

EMA:

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Retail Therapy: Jump starting Black Friday
Peggy AycinenaIP Showcase
by Peggy Aycinena
REUSE 2016: Addressing the Four Freedoms
More Editorial  
Jobs
Development Engineer-WEB SKILLS +++ for EDA Careers at North Valley, CA
FAE FIELD APPLICATIONS SAN DIEGO for EDA Careers at San Diego, CA
Manager, Field Applications Engineering for Real Intent at Sunnyvale, CA
ACCOUNT MANAGER MUNICH GERMANY EU for EDA Careers at MUNICH, Germany
Principal Circuit Design Engineer for Rambus at Sunnyvale, CA
AE-APPS SUPPORT/TMM for EDA Careers at San Jose-SOCAL-AZ, CA
Upcoming Events
Zuken Innovation World 2017, April 24 - 26, 2017, Hilton Head Marriott Resort & Spa in Hilton Head Island, SC at Hilton Head Marriott Resort & Spa Hilton Head Island NC - Apr 24 - 26, 2017
CST Webinar Series



Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy