Shaw Communications, Inc. (NYSE:SJR) Q4 2015 Earnings Conference Call - Final Transcript

Jan 14, 2016 • 03:30 pm ET

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Shaw Communications, Inc. (NYSE:SJR) Q4 2015 Earnings Conference Call - Final Transcript

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Presentation
Executive
Vito Culmone

a one-time gain on the CAD158 million as we received the final payment from Rogers regarding the wireless spectrum. Total capital spend in F15 including the accelerated capital fund was CAD1.1 billion. We continue to invest growth capital into Business Network Services and Business Infrastructure Services.

Total capital investments in F16 are expected to decline from F15 levels and we remain comfortable with CAD850 million as the base consumer business network and media spend.

Our balance sheet remains strong with total debt of approximately CAD5.7 billion and our leverage ratio of 2.3 times at the end of the fiscal year. We continue to have ample liquidity through both our cash balance of CAD400 million and available credit facilities.

With that, Brad, I'll turn back to you.

Executive
Bradley Shaw

Thank you, Vito. To conclude, we are excited about the year ahead and we have some great new products that will enter the market and we believe we are well positioned to meet the demands of our customers and to deliver value for all of our stakeholders.

Thank you, and we would now like to open the phones to answer any questions.