FINANCIAL REPORTING

FINANCIAL REPORTING DISCLOSURE

Future accounting standards

Refer to Note 3 of the consolidated financial statements for information pertaining to accounting pronouncements that will be effective in future years and were effective in 2016-2017.

Key accounting estimates and critical judgments

Discussion and analysis of our financial condition and results of operations are based upon our consolidated financial statements, which have been prepared in accordance with IFRS. Our key significant accounting estimates and critical judgments are disclosed throughout the notes to our annual financial statements.

Transactions with related parties

Investments in associate

There was no significant change to our equity interest in Sirius XM Canada Holdings Inc. (SiriusXM) during the year. Refer to Note 29 of the consolidated financial statements for information pertaining to subsequent events.

Transactions with defined benefit plans

We made employer contributions to defined benefit plans as discussed in Note 15. We also provided management and administrative services to our defined benefit pension plans.