Table:
| Three months ended August 31, | 2019 | 2018 (1) | Change |
| --- | --- | --- | --- |
| (in thousands of dollars, except percentages) | $ | $ | % |
| Cash flow from operating activities | 304,702 | 255,438 | 19.3 |
| Cash flow from investing activities | (144,332) | (194,474) | (25.8) |
| Cash flow from financing activities | (50,198) | (52,127) | (3.7) |
| Effect of exchange rate changes on cash and cash equivalents denominated in a foreign currency | (1,405) | (63) | — |
| Net change in cash and cash equivalents from continuing operations | 108,767 | 8,774 | — |
| Net change in cash and cash equivalent from discontinued operations(2) | — | 13,133 | (100.0) |
| Cash and cash equivalents, beginning of the period | 447,737 | 62,818 | — |
| Cash and cash equivalents, end of the period | 556,504 | 84,725 | — |
Paragraphs:
CASH FLOW ANALYSIS
(1) Fiscal 2018 was restated to comply with IFRS 15 and to reflect a change in accounting policy as well as to reclassify results from Cogeco Peer 1 as discontinued operations. For further details, please consult the "Accounting policies" and "Discontinued operations" sections. (2) For further details on the Corporation's cash flow attributable to discontinued operations, please consult the "Discontinued operations" section.
OPERATING ACTIVITIES Fiscal 2019 fourth-quarter cash flow from operating activities increased by 19.3% compared to the same period of the prior year mainly from: • higher adjusted EBITDA; • the decreases in income taxes paid and financial expense paid; and • the increase in changes in non-cash operating activities primarily due to changes in working capital.
INVESTING ACTIVITIES Fiscal 2019 fourth-quarter investing activities decreased by 25.8% compared to the same period of the prior year mainly due to the acquisition of spectrum licenses in the Canadian broadband services segment in the comparable period of the prior year combined with a decrease in acquisitions of property, plant and equipment.
Question:
What was the average Cash flow from financing activities?
Answer: -(50198 + 52127) / 2 = -51162.5