NOTE 15: CONSOLIDATED STATEMENTS OF CASH FLOWS

a) Net Change in Non-cash Operating Items

(in thousands)	2006	2005
Increase in accounts receivable and other assets	$(4,695)	$(15,350)
Increase in program and film rights	(6,754)	(14,727)
Decrease in accounts payable, accrued liabilities and income taxes payable	(11,448)	(3,790)
Increase in program and film rights payable	3,959	2,721
	$(18,938)	$(31,146)

b) Cash and Cash Equivalents
Major components of cash and cash equivalents reported on the consolidated balance sheets and consolidated statements of cash flows are as follows:

(in thousands)	2006	2005
Cash	$76,113	$24,358
Cash equivalents	9,701	5,059
Outstanding cheques	(16,902)	(11,314)
Cash and cash equivalents	$68,912	$18,103

c) Interest Paid, Received and Taxes Paid

(in thousands of $)	2006	2005
Interest paid	(310)	(507)
Interest received	3,695	2,779
Income taxes paid	(52,895)	(49,178)

d) Non-cash Transactions
The consolidated statement of cash flows for the year ended August 31, 2005 excludes the non-cash portion of the consideration for radio assets obtained and exchanged for a total value of $11.0 million (see note 3), as well as the assets exchanged by Astral Media Outdoor valued at $3.0 million (see note 8).