Orbit Garant 2012 annual rep O rt 63 Consolidated balance sheet as of July 1, 2010 Canadian IFRS IFRS GAAP adjustments reclass IFRS Explanation $ $ $ $ ASSETS Current assets Cash 8,114 8,114 Accounts receivable 21,188 21,188 Inventories 22,708 22,708 Income taxes receivable 2,351 2,351 Prepaid expenses 460 460 54,821 — — 54,821 Non-current assets Investments in associate 886 886 Property, plant and equipment 31,681 31,681 Goodwill 19,698 19,698 Intangible assets 1,374 1,374 Total assets 108,460 — — 108,460 LIABILITIES Current liabilities Accounts payable and accrued liabilities 17,158 17,158 Current portion of long-term debt 203 203 17,361 — — 17,361 Non-current liabilities Long-term debt 172 172 Deferred tax liabilities 1,335 1,335 18,868 — — 18,868 EQUITY Share capital 51,898 51,898 Equity settled reserve (a) 1,369 334 1,703 Retained earnings (a) 36,325 (334) 35,991 Total equity attributable to shareholders 89,592 — — 89,592 Total liabilities and equity 108,460 — — 108,460