Orbit Garant 2012 annual rep O rt 65 Consolidated balance sheet as of June 30, 2011 Canadian IFRS IFRS GAAP adjustments reclass IFRS Explanation $ $ $ $ ASSETS Current assets Accounts receivable 33,865 33,865 Inventories 33,646 33,646 Income taxes receivable 2,412 2,412 Prepaid expenses 689 689 70,612 — — 70,612 Non-current assets Property, plant and equipment 43,223 43,223 Goodwill (b), (c) 21,061 1,654 22,715 Intangible assets (b) 6,044 42 6,086 Total assets 140,940 1,696 — 142,636 LIABILITIES Current liabilities Bank overdraft 698 698 Accounts payable and accrued liabilities 19,009 19,009 Contingent consideration (b) — 774 774 Current portion of long-term debt 168 168 19,875 774 — 20,649 Non-current liabilities Contingent consideration (b) — 1,356 1,356 Long-term debt 14,673 14,673 Deferred tax liabilities (b) 2,605 10 2,615 37,153 2,140 — 39,293 EQUITY Share capital 53,386 53,386 Equity settled reserve (a) 1,948 572 2,520 Retained earnings (a), (b), (c) 48,453 (1,016) — 47,437 Total equity attributable to shareholders 103,787 (444) — 103,343 Total liabilities and equity 140,940 1,696 — 142,636