Exhibit 1

CTD Contributions on behalf of Canadian Satellite Radio (XM Canada)
($)

 

2006

2007

2008

2009

2010

2011

Total

CTD Expenditures claimed

321,620

979,640

1,836,418

1,924,654

1,456,449

 

 

Payment required (5%)

315,226

975,752

1,824,323

2,522,655

2,796,218

 

 

Difference from required

6,394

3,888

12,095

-598,001

-1,339,769

1,933,022

17,630

 

 

 

 

 

 

 

 

Payment for possibly ineligible initiatives

 

 

 

 

 

324,703

 

Late payment claimed for  2010 made after August 31st, 2010

 

 

 

 

240,000

 

 

Late payment claimed for 2010 and moved to 2011

 

 

 

 

 

240,000

 

Revised difference from required

 

 

 

 

-1,579,769

1,848,319

-307,074

CTD Contributions on behalf of Sirius Canada
($)

 

2006

2007

2008

2009

2010

2011

Total

CTD Expenditures claimed

 

 

 

 

 

 

 

Payment required (5%)

 

 

 

 

 

 

 

Difference from required

-1

-106,335

-529,587

-23,849

-124,201

783,974

1

 

 

 

 

 

 

 

 

Payments for possibly ineligible initiatives

 

26,032

8,5501

 

195,559

889,135

 

Late payments

 

 

 

 

1,435,343

818,727

 

Late payment claimed for 2010 and moved to 2011

 

 

 

 

 

1,435,343

 

Revised difference from required

 

-132,367

-538,137

 

-1,755,103

511,455

-1,938,002

Deemed to have been directed to ineligible projects during the merger hearing process in 2011.

Made after August 31st, 2010, claimed for 2010 year.

Made after August 31st, 2011, claimed for 2011 year.  May be considered as a contribution for 2012.

Date modified: