%PDF-1.5 1 0 obj <> endobj 3 0 obj <> endobj 4 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 700.30 Td (TSX: MFI) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 50.00 687.10 Td (www) Tj ET Q q 0 0 0 rg BT 75.26 687.10 Td (.mapleleaffoods.com) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 534.40 33.25 Td (1) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 416.40 659.45 Td (Investor Contact: Jennifer Postelnik) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 499.45 648.65 Td ( 905-285-5898) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 424.40 637.85 Td (Media Contact: Scott Bonikowsky) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 501.95 627.05 Td (905-285-1515) Tj ET Q BT /F2 9.00 Tf ET 0 0 0 RG /GS0 gs 0.94 w 0 i [] 0 d 1 J 1 j 3 M 142.8 604.023974609375 m 323.32294921875 604.023974609375 l s q 0 0 0 rg BT 142.80 605.45 Td (Maple Leaf Foods Reports Results for the ) Tj ET Q BT /F2 9.00 Tf ET 0 0 0 RG /GS0 gs 0.94 w 0 i [] 0 d 1 J 1 j 3 M 323.32294921875 604.023974609375 m 386.82392578125 604.023974609375 l s q 0 0 0 rg BT 323.32 605.45 Td (Fourth Quarter) Tj ET Q BT /F2 9.00 Tf ET 0 0 0 RG /GS0 gs 0.94 w 0 i [] 0 d 1 J 1 j 3 M 386.82392578125 604.023974609375 m 449.1779296875 604.023974609375 l s q 0 0 0 rg BT 386.82 605.45 Td ( and ) Tj ET Q q 0 0 0 rg BT 407.66 605.45 Td (Y) Tj ET Q q 0 0 0 rg BT 413.17 605.45 Td (ear-End ) Tj ET Q BT /F2 9.00 Tf ET 0 0 0 RG /GS0 gs 0.94 w 0 i [] 0 d 1 J 1 j 3 M 449.1779296875 604.023974609375 m 469.1994140625 604.023974609375 l s q 0 0 0 rg BT 449.18 605.45 Td (2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.20 605.45 Td ( ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 54.00 582.65 Td (Mississauga, Ontario, ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 149.53 582.65 Td (February22, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 225.58 582.65 Td ( ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 228.08 582.65 Td (-) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 231.07 582.65 Td ( Maple Leaf Foods Inc. \(TSX: MFI\) today reported its financial results for the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 571.85 Td (fourth) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 77.01 571.85 Td ( quarter and full year ended ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 189.59 571.85 Td (December31, 2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 268.64 571.85 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 556.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 90.00 556.55 Td (Fourth quarter sales were $828.2 million. Excluding the contribution of the 53rd week in 2015, sales increased by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 90.00 545.75 Td (approximately 2.0% compared to last year) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 534.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 90.00 534.95 Td (Net earnings in the quarter of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 209.07 534.95 Td ($76.2 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 259.60 534.95 Td ( and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 279.62 534.95 Td ($181.7 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 335.15 534.95 Td ( for the year) Tj ET Q q 0 0 0 rg BT 382.68 534.95 Td (, compared to net earnings of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 502.25 534.95 Td ($33.3 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 552.77 534.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 90.00 524.15 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 107.52 524.15 Td ($41.6 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 158.04 524.15 Td (, respectively in the same periods last year) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 513.35 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 90.00 513.35 Td (Adjusted EBITDA) Tj ET Q BT /F3 9.00 Tf ET BT /F3 5.85 Tf ET q 0 0 0 rg BT 160.03 517.64 Td (\(1\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 167.18 513.35 Td ( margin) Tj ET Q BT /F3 9.00 Tf ET BT /F3 5.85 Tf ET q 0 0 0 rg BT 197.19 517.64 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 198.81 513.35 Td (was 10.4% in the fourth quarter compared to 8.7% in 2015; and 1) Tj ET Q q 0 0 0 rg BT 458.31 513.35 Td (1.6% in the current ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 90.00 502.55 Td (quarter before additional variable compensation expenses, related to the over-achievement of performance targets) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 491.75 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 90.00 491.75 Td (Adjusted Earnings per Share) Tj ET Q BT /F3 9.00 Tf ET BT /F3 5.85 Tf ET q 0 0 0 rg BT 205.07 496.04 Td (\(2\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 212.22 491.75 Td ( were ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 236.73 491.75 Td ($0.31) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 259.25 491.75 Td ( in the quarter compared to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 369.81 491.75 Td ($0.25) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 392.33 491.75 Td ( in the same quarter last year; and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 531.41 491.75 Td ($1.23) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 553.93 491.75 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 90.00 480.95 Td (for the year compared to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 190.55 480.95 Td ($0.58) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 213.07 480.95 Td ( last year) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 72.00 470.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 90.00 470.15 Td (The Board approved a 22% increase to the regular quarterly dividend to $0.1) Tj ET Q q 0 0 0 rg BT 395.02 470.15 Td (1 per share, ef) Tj ET Q q 0 0 0 rg BT 452.90 470.15 Td (fective in the first quarter ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 90.00 459.35 Td (of 2017 ) Tj ET Q BT /F2 9.00 Tf ET 0 0 0 RG /GS0 gs 0.94 w 0 i [] 0 d 1 J 1 j 3 M 54 438.123974609375 m 199.00634765625 438.123974609375 l s q 0 0 0 rg BT 54.00 439.55 Td (Consolidated Financial Highlights) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 424.25 Td (Fourth quarter net earnings increased 128.8%, and ) Tj ET Q q 0 0 0 rg BT 259.63 424.25 Td (Adjusted Earnings per Share grew 24.0% compared to the same quarter ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 413.45 Td (last year) Tj ET Q q 0 0 0 rg BT 87.52 413.45 Td (. ) Tj ET Q q 0 0 0 rg BT 94.52 413.45 Td (Adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 164.06 413.45 Td ( margin of 10.4% contributed to free cash flow of $35.9 million. ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244.5 378.95000000000005 m 260.5 378.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 260.5 378.95000000000005 m 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M 260.5 364.95000000000005 m 306.5 364.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 364.95000000000005 m 322.5 364.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 364.95000000000005 m 368.5 364.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 364.95000000000005 m 420.5 364.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 364.95000000000005 m 435.5 364.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 364.95000000000005 m 481.5 364.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 364.95000000000005 m 497.5 364.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 364.95000000000005 m 543.5 364.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 350.95000000000005 m 244.5 350.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 336.95000000000005 m 244.5 336.95000000000005 l s 0 0 0 RG /GS0 gs 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368.5 280.95000000000005 m 420.5 280.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 368.5 266.95000000000005 m 420.5 266.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 420.5 280.95000000000005 m 435.5 280.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 420.5 266.95000000000005 m 435.5 266.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 435.5 280.95000000000005 m 481.5 280.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 435.5 266.95000000000005 m 481.5 266.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 481.5 280.95000000000005 m 497.5 280.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 481.5 266.95000000000005 m 497.5 266.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 497.5 280.95000000000005 m 543.5 280.95000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 497.5 266.95000000000005 m 543.5 266.95000000000005 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 252.95000000000005 m 244.5 252.95000000000005 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 244.5 252.95000000000005 m 260.5 252.95000000000005 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 260.5 252.95000000000005 m 306.5 252.95000000000005 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 252.95000000000005 m 322.5 252.95000000000005 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 252.95000000000005 m 368.5 252.95000000000005 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 252.95000000000005 m 420.5 252.95000000000005 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 252.95000000000005 m 435.5 252.95000000000005 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 252.95000000000005 m 481.5 252.95000000000005 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 252.95000000000005 m 497.5 252.95000000000005 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 252.95000000000005 m 543.5 252.95000000000005 l s BT /F4 9.00 Tf ET q 0 0 0 rg BT 57.00 378.35 Td (Measure) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 92.02 382.64 Td (\(i\) ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 57.00 369.35 Td (\(Unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 261.70 393.90 Td (Three months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 276.70 383.10 Td (December 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 434.80 393.90 Td (Twelve months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.20 383.10 Td (December 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 282.95 369.35 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 344.95 369.35 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 374.95 369.35 Td (% Change) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 457.95 369.35 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 519.95 369.35 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 355.65 Td (Sales) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 79.51 359.94 Td (\(ii\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 275.40 355.35 Td (828.2) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 337.40 355.35 Td (873.1) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 393.45 355.35 Td (\(5.1) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 409.00 355.35 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 442.90 355.35 Td (3,331.8) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 504.90 355.65 Td (3,292.9) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 341.65 Td (Adjusted EBITDA) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 280.40 341.35 Td (86.4) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 342.40 341.35 Td (75.8) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 391.45 341.65 Td (14.0) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 411.95 341.65 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.40 341.35 Td (343.4) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 512.40 341.65 Td (219.8) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 327.65 Td (Adjusted EBITDA Margin) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 280.40 327.35 Td (10.4) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 297.95 327.35 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 347.40 327.35 Td (8.7) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 359.95 327.35 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 392.70 327.35 Td (N/M) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 409.20 331.64 Td (\(iii\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.40 327.35 Td (10.3) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 472.95 327.35 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.40 327.65 Td (6.7) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 534.95 327.65 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 313.65 Td (Adjusted Operating Earnings) Tj ET Q BT /F3 9.00 Tf ET BT /F3 5.85 Tf ET q 0 0 0 rg BT 172.07 317.94 Td (\(3\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 280.40 313.35 Td (63.7) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 342.40 313.35 Td (47.8) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 391.45 313.65 Td (33.3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 411.95 313.65 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.40 313.65 Td (239.3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 512.40 313.65 Td (109.8) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 299.65 Td (Net Earnings) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 280.40 299.35 Td (76.2) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 342.40 299.35 Td (33.3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 386.45 299.35 Td (128.8) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 411.95 299.35 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.40 299.35 Td (181.7) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 517.40 299.65 Td (41.6) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 285.65 Td (Basic Earnings per Share) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 280.40 285.35 Td (0.57) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 342.40 285.35 Td (0.24) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 386.45 285.35 Td (137.5) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 411.95 285.35 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.40 285.35 Td (1.35) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 517.40 285.65 Td (0.30) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 271.65 Td (Adjusted Earnings per Share) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 280.40 271.35 Td (0.31) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 342.40 271.35 Td (0.25) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 391.45 271.35 Td (24.0) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 411.95 271.35 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.40 271.35 Td (1.23) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 517.40 271.65 Td (0.58) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 257.65 Td (Free Cash Flow) Tj ET Q BT /F3 9.00 Tf ET BT /F3 5.85 Tf ET q 0 0 0 rg BT 120.52 261.94 Td (\(4\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 280.40 257.35 Td (35.9) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 342.40 257.35 Td (39.1) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 400.50 257.35 Td (N/M) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.40 257.35 Td (244.0) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 517.40 257.35 Td (11.7) Tj ET Q BT /F1 10.00 Tf ET BT /F4 7.00 Tf ET BT /F4 4.55 Tf ET q 0 0 0 rg BT 54.00 243.89 Td (\(i\)) Tj ET Q BT /F4 7.00 Tf ET q 0 0 0 rg BT 58.04 240.55 Td ( ) Tj ET Q q 0 0 0 rg BT 59.73 240.55 Td (All financial measures in millions of dollars except ) Tj ET Q q 0 0 0 rg BT 215.09 240.55 Td (Adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 269.30 240.55 Td ( margin and Basic and ) Tj ET Q q 0 0 0 rg BT 340.64 240.55 Td (Adjusted Earnings per Share.) Tj ET Q BT /F4 7.00 Tf ET BT /F4 4.55 Tf ET q 0 0 0 rg BT 54.00 230.99 Td (\(ii\)) Tj ET Q BT /F4 7.00 Tf ET q 0 0 0 rg BT 59.05 227.65 Td ( Fourth quarter and twelve month performance comparisons in 2016 are affected by a 53rd week in 2015. Excluding the impact of the 53rd week in 2015, fourth ) Tj ET Q BT /F4 7.00 Tf ET q 0 0 0 rg BT 54.00 219.25 Td (quarter sales increased by approximately 2.0% and 3.0% for the full year) Tj ET Q q 0 0 0 rg BT 279.03 219.25 Td (.) Tj ET Q BT /F4 7.00 Tf ET BT /F4 4.55 Tf ET q 0 0 0 rg BT 54.00 209.69 Td (\(iii\)) Tj ET Q BT /F4 7.00 Tf ET q 0 0 0 rg BT 60.06 206.35 Td ( Not meaningful.) Tj ET Q BT /F4 7.00 Tf ET q 0 0 0 rg BT 54.00 191.95 Td (Several items are excluded from the discussions of underlying earnings performance as they are not representative of ongoing operational activities. Refer to the ) Tj ET Q BT /F4 7.00 Tf ET q 0 0 0 rg BT 54.00 183.55 Td (section entitled Reconciliation of Non-IFRS Financial Measures at the end of this news release for a description and reconciliation of all non-IFRS financial ) Tj ET Q BT /F4 7.00 Tf ET q 0 0 0 rg BT 54.00 173.95 Td (measures.) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 86.68 173.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 154.15 Td (W) Tj ET Q q 0 0 0 rg BT 65.33 154.15 Td (e finished 2016 with a strong quarter sustained by solid commercial performance. W) Tj ET Q q 0 0 0 rg BT 399.83 154.15 Td (e surpassed our ) Tj ET Q q 0 0 0 rg BT 466.37 154.15 Td (Adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 535.90 154.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 143.35 Td (margin target for both the quarter and full year) Tj ET Q q 0 0 0 rg BT 237.11 143.35 Td (, demonstrating the strength of the strategic foundation we have built, said ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 132.55 Td (Michael H. McCain, President and CEO.With the combination of our increasingly competitive cost structure, and commercial ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 121.75 Td (strategies that intersect with important consumer needs and trends, we are well positioned for future profitable growth.) Tj ET Q /GS0 gs q 72.00 0 0 66.00 50.00 713.50 cm /I1 Do Q endstream endobj 5 0 obj <> endobj 6 0 obj <> stream BT /F3 10.00 Tf ET q 0 0 0 rg BT 534.40 33.25 Td (2) Tj ET Q BT /F2 9.00 Tf ET 0 0 0 RG /GS0 gs 0.94 w 0 i [] 0 d 1 J 1 j 3 M 54 739.023974609375 m 168.04248046875 739.023974609375 l s q 0 0 0 rg BT 54.00 740.45 Td (Business Segment Review) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 717.65 Td (Following is a summary of sales by business segment:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 660.15 m 304.5 660.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 660.15 m 351.5 660.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 660.15 m 373.5 660.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 660.15 m 420.5 660.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 660.15 m 435.5 660.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 660.15 m 489.5 660.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 660.15 m 504.5 660.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 660.15 m 558.5 660.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 646.15 m 282.5 646.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 646.15 m 304.5 646.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 646.15 m 351.5 646.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 646.15 m 373.5 646.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 646.15 m 420.5 646.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 646.15 m 435.5 646.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 646.15 m 489.5 646.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 646.15 m 504.5 646.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 646.15 m 558.5 646.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 618.15 m 282.5 618.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 282.5 618.15 m 304.5 618.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 304.5 618.15 m 351.5 618.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 351.5 618.15 m 373.5 618.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 373.5 618.15 m 420.5 618.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 420.5 618.15 m 435.5 618.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 435.5 618.15 m 489.5 618.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 489.5 618.15 m 504.5 618.15 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 504.5 618.15 m 558.5 618.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 604.15 m 282.5 604.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 604.15 m 304.5 604.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 604.15 m 351.5 604.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 604.15 m 373.5 604.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 604.15 m 420.5 604.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 604.15 m 435.5 604.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 604.15 m 489.5 604.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 604.15 m 504.5 604.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 604.15 m 558.5 604.15 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 306.70 686.10 Td (Three months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 321.70 677.10 Td (December 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 442.30 686.10 Td (Twelve months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.70 677.10 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 330.95 664.55 Td (\(Unaudited\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 474.20 664.55 Td (\(Audited\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 57.00 650.55 Td (\($ thousands\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.95 650.55 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 396.95 650.55 Td (2015) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 465.95 650.55 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 534.95 650.55 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 635.10 Td (Meat Products Group) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 307.00 636.55 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 315.45 636.55 Td (824,432) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 376.00 636.55 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 384.45 636.55 Td (868,542) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 438.00 636.55 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.95 636.55 Td (3,316,490) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 507.00 636.55 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 514.95 636.55 Td (3,276,994) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 622.55 Td (Agribusiness Group) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 325.45 621.55 Td (3,746) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 394.45 621.55 Td (4,581) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.45 621.55 Td (15,322) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 621.55 Td (15,938) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 608.55 Td (Total Sales) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 307.00 608.55 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 315.45 608.55 Td (828,178) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 376.00 608.55 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 384.45 608.55 Td (873,123) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 438.00 608.55 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.95 608.55 Td (3,331,812) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 507.00 608.55 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 514.95 608.55 Td (3,292,932) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 581.85 Td (The following table summarizes ) Tj ET Q q 0 0 0 rg BT 182.06 581.85 Td (Adjusted Operating Earnings by business segment:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 538.35 m 306.5 538.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 538.35 m 351.5 538.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 538.35 m 375.5 538.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 538.35 m 420.5 538.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 538.35 m 443.5 538.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 538.35 m 489.5 538.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 538.35 m 512.5 538.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 538.35 m 558.5 538.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 524.35 m 282.5 524.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 524.35 m 306.5 524.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 524.35 m 351.5 524.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 524.35 m 375.5 524.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 524.35 m 420.5 524.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 524.35 m 443.5 524.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 524.35 m 489.5 524.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 524.35 m 512.5 524.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 524.35 m 558.5 524.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 496.35 m 282.5 496.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 282.5 496.35 m 306.5 496.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 306.5 496.35 m 351.5 496.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 351.5 496.35 m 375.5 496.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 375.5 496.35 m 420.5 496.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 420.5 496.35 m 443.5 496.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 443.5 496.35 m 489.5 496.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 489.5 496.35 m 512.5 496.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 512.5 496.35 m 558.5 496.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 482.35 m 282.5 482.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 482.35 m 306.5 482.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 482.35 m 351.5 482.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 482.35 m 375.5 482.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 482.35 m 420.5 482.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 482.35 m 443.5 482.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 482.35 m 489.5 482.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 482.35 m 512.5 482.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 482.35 m 558.5 482.35 l s BT /F4 9.00 Tf ET q 0 0 0 rg BT 57.00 537.75 Td (\($ thousands\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 57.00 528.75 Td (\(Unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 306.70 550.30 Td (Three months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 321.70 541.30 Td (December 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 442.30 550.30 Td (Twelve months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.70 541.30 Td (December 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.95 528.75 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 396.95 528.75 Td (2015) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 465.95 528.75 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 534.95 528.75 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 513.30 Td (Meat Products Group) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 309.00 514.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 320.45 514.75 Td (73,510) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 378.00 514.75 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 389.45 514.75 Td (54,619) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.00 514.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.45 514.75 Td (263,605) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 515.00 514.75 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.45 514.75 Td (108,440) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 501.30 Td (Agribusiness Group) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.45 500.75 Td (\(9,792) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 500.75 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 391.45 500.75 Td (\(6,862) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 417.00 500.75 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.45 500.75 Td (\(24,323) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 500.75 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 532.45 500.75 Td (1,360) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 486.75 Td (Adjusted Operating Earnings) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 309.00 486.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 320.45 486.75 Td (63,718) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 378.00 486.75 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 389.45 486.75 Td (47,757) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.00 486.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.45 486.75 Td (239,282) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 515.00 486.75 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.45 486.75 Td (109,800) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 54.00 455.55 Td (Meat ) Tj ET Q q 0 0 0 rg BT 77.01 455.55 Td (Products ) Tj ET Q q 0 0 0 rg BT 118.51 455.55 Td (Group) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 145.51 455.55 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 440.25 Td (Includes value-added prepared meats, lunch kits and snacks, and value-added fresh pork and poultry products sold under ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 429.45 Td (flagship Canadian brands such as Maple Leaf) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 243.25 429.45 Td (, Maple Leaf Prime, Maple Leaf Natural Selections) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 457.11 429.45 Td (, Schneiders) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 513.77 429.45 Td (, ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 418.65 Td (Schneiders Country Naturals, Mina, ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 218.46 418.65 Td (and many leading regional brands.) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 356.55 418.65 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 403.35 Td (Fourth ) Tj ET Q q 0 0 0 rg BT 82.51 403.35 Td (Quarter ) Tj ET Q q 0 0 0 rg BT 115.52 403.35 Td (2016 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 388.05 Td (Sales of) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 86.52 388.05 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 89.02 388.05 Td ($824.4 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 144.55 388.05 Td ( for the fourth quarter of 2016 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 264.13 388.05 Td (decreased) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 306.16 388.05 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 308.41 388.05 Td (5.1%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 328.92 388.05 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 331.42 388.05 Td (from prior year) Tj ET Q q 0 0 0 rg BT 389.44 388.05 Td (, or 5.8% after adjusting for the impacts of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 377.25 Td (foreign exchange. Excluding only the contribution of the 53rd week in 2015, sales increased by approximately 2.0%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 512.28 377.25 Td (, benefiting ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 366.45 Td (from stronger year-over-year prepared meats sales.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 351.15 Td (Adjusted Operating Earnings for the fourth quarter of 2016 were) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 308.15 351.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 310.65 351.15 Td ($73.5 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 361.18 351.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 363.68 351.15 Td (compared to) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 413.71 351.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 416.21 351.15 Td ($54.6 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 466.74 351.15 Td ( in the prior year) Tj ET Q q 0 0 0 rg BT 531.27 351.15 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 340.35 Td (Margins in prepared meats improved due to lower operating costs across the network. Fresh pork earnings were higher than ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 329.55 Td (the prior year due to stronger margins in the value-added retail and export channels, higher industry margins, and operating ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 318.75 Td (ef) Tj ET Q q 0 0 0 rg BT 61.34 318.75 Td (ficiency gains. Earnings in fresh poultry declined slightly as industry processor margins receded from record levels in the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 307.95 Td (fourth quarter of 2015. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 150.56 307.95 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 292.65 Td (Full ) Tj ET Q q 0 0 0 rg BT 70.84 292.65 Td (Y) Tj ET Q q 0 0 0 rg BT 76.35 292.65 Td (ear ) Tj ET Q q 0 0 0 rg BT 91.85 292.65 Td (2016 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 277.35 Td (Sales in the Meat Products Group for ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 204.57 277.35 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 224.60 277.35 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 227.10 277.35 Td (increased) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 266.12 277.35 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 268.62 277.35 Td (1.2%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 289.13 277.35 Td ( to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 301.64 277.35 Td ($3,316.5 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 364.68 277.35 Td (,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 367.18 277.35 Td ( or decreased 0.3% after adjusting for the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 266.55 Td (weaker Canadian dollar) Tj ET Q q 0 0 0 rg BT 148.06 266.55 Td (. Excluding only the contribution of the 53rd week in 2015, sales increased by approximately 3.0%. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 255.75 Td (Prepared meats sales declined slightly in response to a price increase in the first quarter but strengthened as the year ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 244.95 Td (progressed. Sales in fresh pork increased as the Company's focus on increasing its value-added pork business resulted in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 234.15 Td (higher selling prices. Performance was also supported by favourable exchange rates and pork markets. Fresh poultry sales ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 223.35 Td (also increased due to stronger volume and an improved sales mix. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 321.14 223.35 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 208.05 Td (Adjusted Operating Earnings for ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 184.57 208.05 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 204.60 208.05 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 207.10 208.05 Td (increased to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 258.63 208.05 Td ($263.6 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 314.16 208.05 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 316.66 208.05 Td (compared to) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 366.69 208.05 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 369.19 208.05 Td ($108.4 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 424.72 208.05 Td ( in the prior year) Tj ET Q q 0 0 0 rg BT 489.26 208.05 Td (. Higher earnings ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 197.25 Td (in prepared meats resulted from lower operating costs across the network and pricing implemented in the first quarter) Tj ET Q q 0 0 0 rg BT 519.73 197.25 Td (. Higher ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 186.45 Td (fresh pork earnings resulted from increased contributions from value-added retail and value-added export sales, higher ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 175.65 Td (industry margins, and operating ef) Tj ET Q q 0 0 0 rg BT 189.91 175.65 Td (ficiency gains. Poultry results were consistent with the prior year as gains from higher retail ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 164.85 Td (branded sales and improved operating ef) Tj ET Q q 0 0 0 rg BT 217.45 164.85 Td (ficiencies were of) Tj ET Q q 0 0 0 rg BT 286.31 164.85 Td (fset by lower industry margins.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 407.86 164.85 Td ( ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 54.00 142.05 Td (Agribusiness Group) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 140.51 142.05 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 126.75 Td (Includes Canadian hog production operations that primarily supply the Meat Products Group with livestock.) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 478.73 126.75 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 111.45 Td (Fourth ) Tj ET Q q 0 0 0 rg BT 82.51 111.45 Td (Quarter ) Tj ET Q q 0 0 0 rg BT 115.52 111.45 Td (2016 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 96.15 Td (Agribusiness Group sales in the fourth quarter decreased to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 294.64 96.15 Td ($3.7 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 340.16 96.15 Td ( from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 363.16 96.15 Td ($4.6 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 408.68 96.15 Td ( last year as a result of lower prices ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 85.35 Td (for toll feed and an extra week in the fourth quarter of 2015. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 70.05 Td (Adjusted Operating Earnings declined to a loss of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 253.62 70.05 Td ($9.8 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 299.14 70.05 Td ( from a loss of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 358.16 70.05 Td ($6.9 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 403.69 70.05 Td ( last year) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 440.20 70.05 Td ( due to lower hog prices, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 59.25 Td (which was not fully of) Tj ET Q q 0 0 0 rg BT 138.88 59.25 Td (fset by the Company's risk management program.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 337.68 59.25 Td ( ) Tj ET Q endstream endobj 7 0 obj <> endobj 8 0 obj <> stream BT /F3 10.00 Tf ET q 0 0 0 rg BT 534.40 33.25 Td (3) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 740.45 Td (Full ) Tj ET Q q 0 0 0 rg BT 70.84 740.45 Td (Y) Tj ET Q q 0 0 0 rg BT 76.35 740.45 Td (ear ) Tj ET Q q 0 0 0 rg BT 91.85 740.45 Td (2016 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 725.15 Td (Agribusiness Group sales in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 168.56 725.15 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 188.58 725.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 191.08 725.15 Td (declined slightly to) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 264.62 725.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 267.12 725.15 Td ($15.3 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 317.65 725.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 320.15 725.15 Td (compared to) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 370.18 725.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 372.68 725.15 Td ($15.9 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.21 725.15 Td ( in the prior year) Tj ET Q q 0 0 0 rg BT 487.74 725.15 Td (, due to 2015 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 714.35 Td (sales benefiting from a 53rd week.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 191.07 714.35 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 697.85 Td (Adjusted Operating Earnings in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 181.08 697.85 Td (2016) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 201.10 697.85 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 203.35 697.85 Td (decreased) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 245.38 697.85 Td ( to) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.38 697.85 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 257.88 697.85 Td (a loss of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.40 697.85 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 293.90 697.85 Td ($24.3 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 344.43 697.85 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 346.93 697.85 Td (from earnings of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 414.46 697.85 Td ($1.4 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 459.98 697.85 Td ( in the prior year) Tj ET Q q 0 0 0 rg BT 524.52 697.85 Td (, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 687.05 Td (reflecting the impact of lower hog prices and higher feed costs.) Tj ET Q BT /F3 9.00 Tf ET BT /F2 9.00 Tf ET 0 0 0 RG /GS0 gs 0.94 w 0 i [] 0 d 1 J 1 j 3 M 54 662.823974609375 m 249.732421875 662.823974609375 l s q 0 0 0 rg BT 54.00 664.25 Td (Selling, General and ) Tj ET Q q 0 0 0 rg BT 142.69 664.25 Td (Administrative Expenses) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 648.95 Td (Selling, general and administrative expenses for the fourth quarter increased to $89.4 million \(10.8% of sales\), from $63.6 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 638.15 Td (million \(7.3% of sales\) in the prior year) Tj ET Q q 0 0 0 rg BT 206.56 638.15 Td (. ) Tj ET Q q 0 0 0 rg BT 211.40 638.15 Td (This increase largely reflects dif) Tj ET Q q 0 0 0 rg BT 337.29 638.15 Td (ferences in variable compensation programs linked to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 627.35 Td (Company performance. ) Tj ET Q q 0 0 0 rg BT 150.05 627.35 Td (At Maple Leaf Foods, variable compensation programs are linked to financial results. In 2015, targets ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 616.55 Td (were not achieved and accordingly the variable compensation was reduced, while the targets were exceeded in 2016, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 605.75 Td (resulting in an increase in variable compensation.) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 590.45 Td (The Company recorded $9.9 million in additional variable compensation expenses in the fourth quarter of 2016 related to the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 579.65 Td (over-achievement of performance targets for incentive programs. ) Tj ET Q q 0 0 0 rg BT 314.62 579.65 Td (Approximately 1,400 employees participate in these multi-) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 568.85 Td (year programs. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 553.55 Td (During the year) Tj ET Q q 0 0 0 rg BT 115.04 553.55 Td (, selling, general and administrative expenses ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 299.64 553.55 Td (increased) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 338.66 553.55 Td ( to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 351.17 553.55 Td ($324.8 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 406.71 553.55 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 412.20 553.55 Td (9.7%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 432.72 553.55 Td ( of sales\), compared to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 526.76 553.55 Td ($288.1 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 542.75 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 79.51 542.75 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 85.00 542.75 Td (8.7%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 105.52 542.75 Td ( of sales\) in the prior year) Tj ET Q q 0 0 0 rg BT 206.56 542.75 Td (. ) Tj ET Q q 0 0 0 rg BT 211.40 542.75 Td (The increase relates to investment in advertising and promotional expenses and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 531.95 Td (dif) Tj ET Q q 0 0 0 rg BT 63.34 531.95 Td (ferences in variable compensation programs linked to Company performance. ) Tj ET Q q 0 0 0 rg BT 375.34 531.95 Td (This was partially of) Tj ET Q q 0 0 0 rg BT 454.20 531.95 Td (fset by a decrease in core ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 521.15 Td (selling, general and administrative expenses as a result of the Company's ongoing commitment to driving cost ef) Tj ET Q q 0 0 0 rg BT 501.29 521.15 Td (ficiencies.) Tj ET Q BT /F2 9.00 Tf ET 0 0 0 RG /GS0 gs 0.94 w 0 i [] 0 d 1 J 1 j 3 M 54 496.923974609375 m 112.51318359375 496.923974609375 l s q 0 0 0 rg BT 54.00 498.35 Td (Other Matters) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 483.05 Td (On February 21, 2017, the Board of Directors approved an increase in the quarterly cash dividend to $0.1) Tj ET Q q 0 0 0 rg BT 472.58 483.05 Td (1 per share, $0.44 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 472.25 Td (per share on an annual basis, from $0.09 per share, payable March 31, 2017, to shareholders of record at the close of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 461.45 Td (business on March 10, 2017. Unless indicated otherwise by the Company in writing at or before the time the dividend is paid, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 450.65 Td (the dividend will be considered an Eligible Dividend for the purposes of the Enhanced Dividend ) Tj ET Q q 0 0 0 rg BT 436.57 450.65 Td (T) Tj ET Q q 0 0 0 rg BT 441.07 450.65 Td (ax Credit System.) Tj ET Q BT /F3 9.00 Tf ET BT /F2 9.00 Tf ET 0 0 0 RG /GS0 gs 0.94 w 0 i [] 0 d 1 J 1 j 3 M 54 426.423974609375 m 125.02001953125 426.423974609375 l s q 0 0 0 rg BT 54.00 427.85 Td (Conference Call ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 412.55 Td (An investor presentation related to the Company) Tj ET Q q 0 0 0 rg BT 248.95 412.55 Td (s ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 255.95 412.55 Td (fourth) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 278.96 412.55 Td ( quarter financial results is available at ) Tj ET Q BT /F3 9.00 Tf ET 0 0 0 RG /GS0 gs 0.66 w 0 i [] 0 d 1 J 1 j 3 M 434.04345703125 411.266796875 m 535.92626953125 411.266796875 l s q 0 0 0 rg BT 434.04 412.55 Td (www) Tj ET Q q 0 0 0 rg BT 453.05 412.55 Td (.mapleleaf) Tj ET Q q 0 0 0 rg BT 494.41 412.55 Td (foods.com) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 535.93 412.55 Td ( and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 401.75 Td (can be found under ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 134.06 401.75 Td (Investor Material) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 200.59 401.75 Td ( on the ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 230.61 401.75 Td (Investors) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 267.13 401.75 Td ( page. ) Tj ET Q q 0 0 0 rg BT 294.15 401.75 Td (A) Tj ET Q q 0 0 0 rg BT 299.66 401.75 Td ( conference call will be held at2:30p.m. EDT) Tj ET Q q 0 0 0 rg BT 480.08 401.75 Td ( on ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 495.10 401.75 Td (February22, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 390.95 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.02 390.95 Td (, to review Maple Leaf Foods) Tj ET Q q 0 0 0 rg BT 191.25 390.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 193.75 390.95 Td (fourth) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 216.76 390.95 Td ( quarter financial results. ) Tj ET Q q 0 0 0 rg BT 317.14 390.95 Td (T) Tj ET Q q 0 0 0 rg BT 321.64 390.95 Td (o participate in the call, please dial 416-340-2218 or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 380.15 Td (866-225-0198. For those unable to participate, playback will be made available an hour after the event at 905-694-9451 or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 369.35 Td (800-408-3053 \(Passcode: 8735790\).) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 354.05 Td (A) Tj ET Q q 0 0 0 rg BT 59.51 354.05 Td ( webcast presentation of the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 174.58 354.05 Td (fourth) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 197.59 354.05 Td ( quarter financial results will also be available at: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 338.75 Td (http://edge.media-server) Tj ET Q q 0 0 0 rg BT 151.05 338.75 Td (.com/m/p/sgtqtw9m) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 323.45 Td (The Company) Tj ET Q q 0 0 0 rg BT 112.36 323.45 Td (s full audited financial statements and related Management) Tj ET Q q 0 0 0 rg BT 349.34 323.45 Td (s Discussion and ) Tj ET Q q 0 0 0 rg BT 419.38 323.45 Td (Analysis are available on the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 312.65 Td (Company) Tj ET Q q 0 0 0 rg BT 94.35 312.65 Td (s website.) Tj ET Q BT /F2 9.00 Tf ET 0 0 0 RG /GS0 gs 0.94 w 0 i [] 0 d 1 J 1 j 3 M 54 283.923974609375 m 255.533203125 283.923974609375 l s q 0 0 0 rg BT 54.00 285.35 Td (Reconciliation of Non-IFRS Financial Measures) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 270.05 Td (The Company uses the following non-IFRS measures: ) Tj ET Q q 0 0 0 rg BT 272.10 270.05 Td (Adjusted Operating Earnings, ) Tj ET Q q 0 0 0 rg BT 391.68 270.05 Td (Adjusted Earnings per Share, ) Tj ET Q q 0 0 0 rg BT 511.26 270.05 Td (Adjusted ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 259.25 Td (EBITDA, and Free Cash Flow) Tj ET Q q 0 0 0 rg BT 172.05 259.25 Td (. Management believes that these non-IFRS measures provide useful information to investors in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 248.45 Td (measuring the financial performance of the Company) Tj ET Q q 0 0 0 rg BT 264.95 248.45 Td (. ) Tj ET Q q 0 0 0 rg BT 269.78 248.45 Td (These measures do not have a standardized meaning prescribed by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 237.65 Td (IFRS and therefore they may not be comparable to similarly titled measures presented by other publicly traded companies and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 226.85 Td (should not be construed as an alternative to other financial measures determined in accordance with IFRS. ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 54.00 204.05 Td (Adjusted Operating Earnings ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 181.02 204.05 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 188.75 Td (Adjusted Operating Earnings, a non-IFRS measure, is used by Management to evaluate financial operating results. It is ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 177.95 Td (defined as earnings before income taxes adjusted for items that are not considered representative of ongoing operational ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 167.15 Td (activities of the business and items where the economic impact of the transactions will be reflected in earnings in future ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 156.35 Td (periods when the underlying asset is sold or transferred.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 277.62 156.35 Td ( ) Tj ET Q q 0 0 0 rg BT 279.96 156.35 Td (The table below provides a reconciliation of net earnings as reported ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 145.55 Td (under IFRS to ) Tj ET Q q 0 0 0 rg BT 112.03 145.55 Td (Adjusted Operating Earnings for the three months ended, as indicated below) Tj ET Q q 0 0 0 rg BT 416.22 145.55 Td (, and a reconciliation of net ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 134.75 Td (earnings as reported under IFRS in the audited consolidated statements of net earnings to ) Tj ET Q q 0 0 0 rg BT 415.23 134.75 Td (Adjusted Operating Earnings for ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 123.95 Td (the years then ended, as indicated below) Tj ET Q q 0 0 0 rg BT 217.12 123.95 Td (. Management believes that this basis is the most appropriate on which to evaluate ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 113.15 Td (operating results, as they are representative of the ongoing operations of the Company) Tj ET Q q 0 0 0 rg BT 399.05 113.15 Td (.) Tj ET Q endstream endobj 9 0 obj <> endobj 10 0 obj <> stream BT /F3 10.00 Tf ET q 0 0 0 rg BT 534.40 33.25 Td (4) Tj ET Q 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 253.50 701.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 282.50 701.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 329.50 701.50 30.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 359.50 701.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 406.50 701.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 435.50 701.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 253.50 687.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 282.50 687.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 329.50 687.50 30.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 359.50 687.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 406.50 687.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 435.50 687.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 253.50 673.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 282.50 673.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 329.50 673.50 30.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 359.50 673.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 406.50 673.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 435.50 673.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 253.50 659.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 282.50 659.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 329.50 659.50 30.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 359.50 659.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 406.50 659.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 435.50 659.50 47.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 732.5 m 282.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 732.5 m 329.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 732.5 m 359.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 732.5 m 406.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 732.5 m 435.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 732.5 m 482.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 732.5 m 510.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 732.5 m 558.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 701.5 m 253.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 701.5 m 282.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 701.5 m 329.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 701.5 m 359.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 701.5 m 406.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 701.5 m 435.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 701.5 m 482.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 701.5 m 510.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 701.5 m 558.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 701.5 m 282.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 701.5 m 329.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 701.5 m 359.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 701.5 m 406.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 701.5 m 435.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 701.5 m 482.5 701.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 673.5 m 253.5 673.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 253.5 673.5 m 282.5 673.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 282.5 673.5 m 329.5 673.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 329.5 673.5 m 359.5 673.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 359.5 673.5 m 406.5 673.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 406.5 673.5 m 435.5 673.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 435.5 673.5 m 482.5 673.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 482.5 673.5 m 510.5 673.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 510.5 673.5 m 558.5 673.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 617.5 m 253.5 617.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 253.5 617.5 m 282.5 617.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 282.5 617.5 m 329.5 617.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 329.5 617.5 m 359.5 617.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 359.5 617.5 m 406.5 617.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 406.5 617.5 m 435.5 617.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 435.5 617.5 m 482.5 617.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 482.5 617.5 m 510.5 617.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 510.5 617.5 m 558.5 617.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 565.5 m 253.5 565.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 253.5 565.5 m 282.5 565.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 282.5 565.5 m 329.5 565.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 329.5 565.5 m 359.5 565.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 359.5 565.5 m 406.5 565.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 406.5 565.5 m 435.5 565.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 435.5 565.5 m 482.5 565.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 482.5 565.5 m 510.5 565.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 510.5 565.5 m 558.5 565.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 551.5 m 253.5 551.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 551.5 m 282.5 551.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 551.5 m 329.5 551.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 551.5 m 359.5 551.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 551.5 m 406.5 551.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 551.5 m 435.5 551.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 551.5 m 482.5 551.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 551.5 m 510.5 551.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 551.5 m 558.5 551.5 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 319.45 736.90 Td (Three months ended December 31, 2016) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 57.00 714.90 Td (\($ thousands\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 57.00 705.90 Td (\(Unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 305.45 723.45 Td (Meat) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 286.95 714.45 Td (Products) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 299.00 705.45 Td (Group) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 345.95 714.90 Td (Agribusiness) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 376.00 705.90 Td (Group) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 419.45 714.90 Td (Non-allocated) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.45 705.90 Td (costs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 497.95 705.90 Td (Consolidated) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 691.90 Td (Net earnings) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 513.00 692.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 527.45 692.20 Td (76,224) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 676.45 Td (Income taxes) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 527.45 678.20 Td (28,681) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 663.90 Td (Earnings before income taxes) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 513.00 664.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.45 664.20 Td (104,905) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 648.45 Td (Interest expense and other financing costs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 532.45 650.20 Td (1,231) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 634.45 Td (Other \(income\) expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 303.45 636.20 Td (5,095) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 384.95 636.20 Td (\(166) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 403.00 636.20 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.95 636.20 Td (96) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 532.45 636.20 Td (5,025) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 620.45 Td (Restructuring and other related costs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 303.45 622.20 Td (5,025) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 394.00 622.20 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.95 622.20 Td (\(799) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.00 622.20 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 532.45 622.20 Td (4,226) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 607.90 Td (Earnings \(loss\) from operations) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 285.00 608.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 298.45 608.20 Td (73,510) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.00 608.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.45 608.20 Td (\(9,792) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 403.00 608.20 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 438.00 608.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.45 608.20 Td (51,669) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 513.00 608.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.45 608.20 Td (115,387) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 592.90 Td (Decrease \(increase\) in fair value of biological ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 583.90 Td (assets) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 95.01 588.19 Td (\(5\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.00 589.20 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 394.00 589.20 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.45 589.20 Td (\(48,172) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.00 589.20 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.45 589.20 Td (\(48,172) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 555.00 589.20 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 569.90 Td (Unrealized \(gain\) loss on futures contracts) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 225.58 574.19 Td (\(5\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.00 570.20 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 394.00 570.20 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.45 570.20 Td (\(3,497) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.00 570.20 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 529.45 570.20 Td (\(3,497) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 555.00 570.20 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 555.90 Td (Adjusted Operating Earnings) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 285.00 556.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 298.45 556.20 Td (73,510) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.00 556.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.45 556.20 Td (\(9,792) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 403.00 556.20 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 438.00 556.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.00 556.20 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 513.00 556.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 527.45 556.20 Td (63,718) Tj ET Q BT /F1 10.00 Tf ET 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 253.50 484.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 282.50 484.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 329.50 484.50 30.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 359.50 484.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 406.50 484.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 435.50 484.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 253.50 470.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 282.50 470.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 329.50 470.50 30.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 359.50 470.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 406.50 470.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 435.50 470.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 253.50 456.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 282.50 456.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 329.50 456.50 30.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 359.50 456.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 406.50 456.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 435.50 456.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 253.50 442.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 282.50 442.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 329.50 442.50 30.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 359.50 442.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 406.50 442.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 435.50 442.50 47.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 515.5 m 282.5 515.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 515.5 m 329.5 515.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 515.5 m 359.5 515.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 515.5 m 406.5 515.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 515.5 m 435.5 515.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 515.5 m 482.5 515.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 515.5 m 510.5 515.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 515.5 m 558.5 515.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 484.5 m 253.5 484.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 484.5 m 282.5 484.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 484.5 m 329.5 484.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 484.5 m 359.5 484.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 484.5 m 406.5 484.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 484.5 m 435.5 484.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 484.5 m 482.5 484.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 515.5 m 510.5 515.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 484.5 m 510.5 484.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 515.5 m 558.5 515.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 484.5 m 558.5 484.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 484.5 m 282.5 484.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 484.5 m 329.5 484.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 484.5 m 359.5 484.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 484.5 m 406.5 484.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 484.5 m 435.5 484.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 484.5 m 482.5 484.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 456.5 m 253.5 456.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 253.5 456.5 m 282.5 456.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 282.5 456.5 m 329.5 456.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 329.5 456.5 m 359.5 456.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 359.5 456.5 m 406.5 456.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 406.5 456.5 m 435.5 456.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 435.5 456.5 m 482.5 456.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 482.5 456.5 m 510.5 456.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 510.5 456.5 m 558.5 456.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 456.5 m 253.5 456.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 400.5 m 253.5 400.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 253.5 400.5 m 282.5 400.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 282.5 400.5 m 329.5 400.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 329.5 400.5 m 359.5 400.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 359.5 400.5 m 406.5 400.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 406.5 400.5 m 435.5 400.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 435.5 400.5 m 482.5 400.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 482.5 400.5 m 510.5 400.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 510.5 400.5 m 558.5 400.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 348.5 m 253.5 348.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 253.5 348.5 m 282.5 348.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 282.5 348.5 m 329.5 348.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 329.5 348.5 m 359.5 348.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 359.5 348.5 m 406.5 348.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 406.5 348.5 m 435.5 348.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 435.5 348.5 m 482.5 348.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 482.5 348.5 m 510.5 348.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 510.5 348.5 m 558.5 348.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 334.5 m 253.5 334.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 334.5 m 282.5 334.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 334.5 m 329.5 334.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 334.5 m 359.5 334.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 334.5 m 406.5 334.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 334.5 m 435.5 334.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 334.5 m 482.5 334.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 334.5 m 510.5 334.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 334.5 m 558.5 334.5 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 323.15 519.90 Td (Three months ended December 31, 2015) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 57.00 497.90 Td (\($ thousands\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 57.00 488.90 Td (\(Unaudited\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 305.95 506.45 Td (Meat) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 290.45 497.45 Td (Products) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 300.95 488.45 Td (Group) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 351.45 497.90 Td (Agribusiness) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 377.95 488.90 Td (Group) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.45 497.90 Td (Non-allocated) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 457.95 488.90 Td (costs) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 502.45 488.90 Td (Consolidated) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 474.90 Td (Net earnings) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 513.00 475.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 475.20 Td (33,285) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 459.45 Td (Income taxes) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 461.20 Td (12,403) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 446.90 Td (Earnings before income taxes) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 513.00 447.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 447.20 Td (45,688) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 431.45 Td (Interest expense and other financing costs) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 532.45 433.20 Td (1,216) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 417.45 Td (Other \(income\) expense) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 307.95 419.20 Td (\(144) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 326.00 419.20 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 384.95 419.20 Td (\(162) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 403.00 419.20 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 453.45 419.20 Td (\(5,668) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 479.00 419.20 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 529.45 419.20 Td (\(5,974) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 555.00 419.20 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 403.45 Td (Restructuring and other related costs) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 312.95 405.20 Td (\(98) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 326.00 405.20 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 394.00 405.20 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 451.45 405.20 Td (12,409) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 405.20 Td (12,311) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 390.90 Td (Earnings \(loss\) from operations) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 285.00 391.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 298.45 391.20 Td (54,619) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 362.00 391.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 377.45 391.20 Td (\(6,862) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 403.00 391.20 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.00 391.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 456.45 391.20 Td (5,484) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 513.00 391.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 391.20 Td (53,241) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 375.90 Td (Decrease \(increase\) in fair value of biological ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 366.90 Td (assets) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 95.01 371.19 Td (\(5\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 317.00 372.20 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 394.00 372.20 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 448.45 372.20 Td (\(14,344) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 479.00 372.20 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 524.45 372.20 Td (\(14,344) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 555.00 372.20 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 352.90 Td (Unrealized \(gain\) loss on futures contracts) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 225.58 357.19 Td ( \(5\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 317.00 353.20 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 394.00 353.20 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 456.45 353.20 Td (8,860) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 532.45 353.20 Td (8,860) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 338.90 Td (Adjusted Operating Earnings) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 285.00 339.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 298.45 339.20 Td (54,619) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 362.00 339.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 377.45 339.20 Td (\(6,862) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 403.00 339.20 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.00 339.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 470.00 339.20 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 513.00 339.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 339.20 Td (47,757) Tj ET Q BT /F1 10.00 Tf ET 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 253.50 267.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 282.50 267.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 329.50 267.50 30.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 359.50 267.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 406.50 267.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 435.50 267.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 253.50 253.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 282.50 253.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 329.50 253.50 30.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 359.50 253.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 406.50 253.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 435.50 253.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 253.50 239.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 282.50 239.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 329.50 239.50 30.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 359.50 239.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 406.50 239.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 435.50 239.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 253.50 225.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 282.50 225.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 329.50 225.50 30.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 359.50 225.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 406.50 225.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 435.50 225.50 47.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 298.5 m 282.5 298.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 298.5 m 329.5 298.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 298.5 m 359.5 298.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 298.5 m 406.5 298.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 298.5 m 435.5 298.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 298.5 m 482.5 298.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 298.5 m 510.5 298.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 298.5 m 558.5 298.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 267.5 m 253.5 267.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 267.5 m 282.5 267.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 267.5 m 329.5 267.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 267.5 m 359.5 267.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 267.5 m 406.5 267.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 267.5 m 435.5 267.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 267.5 m 482.5 267.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 267.5 m 510.5 267.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 267.5 m 558.5 267.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 267.5 m 282.5 267.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 267.5 m 329.5 267.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 267.5 m 359.5 267.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 267.5 m 406.5 267.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 267.5 m 435.5 267.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 267.5 m 482.5 267.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 239.5 m 253.5 239.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 253.5 239.5 m 282.5 239.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 282.5 239.5 m 329.5 239.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 329.5 239.5 m 359.5 239.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 359.5 239.5 m 406.5 239.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 406.5 239.5 m 435.5 239.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 435.5 239.5 m 482.5 239.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 482.5 239.5 m 510.5 239.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 510.5 239.5 m 558.5 239.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 183.5 m 253.5 183.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 253.5 183.5 m 282.5 183.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 282.5 183.5 m 329.5 183.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 329.5 183.5 m 359.5 183.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 359.5 183.5 m 406.5 183.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 406.5 183.5 m 435.5 183.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 435.5 183.5 m 482.5 183.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 482.5 183.5 m 510.5 183.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 510.5 183.5 m 558.5 183.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 131.5 m 253.5 131.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 253.5 131.5 m 282.5 131.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 282.5 131.5 m 329.5 131.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 329.5 131.5 m 359.5 131.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 359.5 131.5 m 406.5 131.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 406.5 131.5 m 435.5 131.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 435.5 131.5 m 482.5 131.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 482.5 131.5 m 510.5 131.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 510.5 131.5 m 558.5 131.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 131.5 m 253.5 131.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 117.5 m 253.5 117.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 253.5 131.5 m 282.5 131.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 117.5 m 282.5 117.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 282.5 131.5 m 329.5 131.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 117.5 m 329.5 117.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 329.5 131.5 m 359.5 131.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 117.5 m 359.5 117.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 359.5 131.5 m 406.5 131.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 117.5 m 406.5 117.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 406.5 131.5 m 435.5 131.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 117.5 m 435.5 117.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 435.5 131.5 m 482.5 131.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 117.5 m 482.5 117.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 482.5 131.5 m 510.5 131.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 117.5 m 510.5 117.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 510.5 131.5 m 558.5 131.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 117.5 m 558.5 117.5 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.00 302.90 Td (Twelve months ended December 31, 2016) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 57.00 280.90 Td (\($ thousands\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 57.00 271.90 Td (\(Unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 305.45 289.45 Td (Meat) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 286.95 280.45 Td (Products) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 299.00 271.45 Td (Group) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 345.95 280.90 Td (Agribusiness) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 376.00 271.90 Td (Group) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 419.45 280.90 Td (Non-allocated) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.45 271.90 Td (costs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 497.95 271.90 Td (Consolidated) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 257.90 Td (Net earnings) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 513.00 258.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.45 258.20 Td (181,702) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 242.45 Td (Income taxes) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 527.45 244.20 Td (67,891) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 229.90 Td (Earnings before income taxes) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 513.00 230.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.45 230.20 Td (249,593) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 214.45 Td (Interest expense and other financing costs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 532.45 216.20 Td (6,367) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 200.45 Td (Other \(income\) expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 303.45 202.20 Td (7,008) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 384.95 202.20 Td (\(894) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 403.00 202.20 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.45 202.20 Td (\(2,518) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.00 202.20 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 532.45 202.20 Td (3,596) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 186.45 Td (Restructuring and other related costs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 303.45 188.20 Td (4,761) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 394.00 188.20 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.45 188.20 Td (1,809) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 532.45 188.20 Td (6,570) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 174.45 Td (Earnings \(loss\) from operations) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 285.00 174.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 293.45 174.20 Td (263,605) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.00 174.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.45 174.20 Td (\(24,323) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 403.00 174.20 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 438.00 174.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.45 174.20 Td (26,844) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 513.00 174.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.45 174.20 Td (266,126) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 158.90 Td (Decrease \(increase\) in fair value of biological ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 149.90 Td (assets) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 95.01 154.19 Td (\(5\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.00 155.20 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 394.00 155.20 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.45 155.20 Td (\(6,263) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.00 155.20 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 529.45 155.20 Td (\(6,263) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 555.00 155.20 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 135.90 Td (Unrealized \(gain\) loss on futures contracts) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 225.58 140.19 Td (\(5\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.00 136.20 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 394.00 136.20 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.45 136.20 Td (\(20,581) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.00 136.20 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.45 136.20 Td (\(20,581) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 555.00 136.20 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 121.90 Td (Adjusted Operating Earnings) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 285.00 122.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 293.45 122.20 Td (263,605) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.00 122.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.45 122.20 Td (\(24,323) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 403.00 122.20 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 438.00 122.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.00 122.20 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 513.00 122.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.45 122.20 Td (239,282) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 11 0 obj <> endobj 12 0 obj <> stream BT /F3 10.00 Tf ET q 0 0 0 rg BT 534.40 33.25 Td (5) Tj ET Q 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 253.50 701.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 282.50 701.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 329.50 701.50 30.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 359.50 701.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 406.50 701.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 435.50 701.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 253.50 687.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 282.50 687.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 329.50 687.50 30.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 359.50 687.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 406.50 687.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 435.50 687.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 253.50 673.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 282.50 673.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 329.50 673.50 30.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 359.50 673.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 406.50 673.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 435.50 673.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 253.50 659.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 282.50 659.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 329.50 659.50 30.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 359.50 659.50 47.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 406.50 659.50 29.00 -14.00 re f /GS0 gs 0.807843137254902 0.807843137254902 0.807843137254902 rg /GS0 gs 435.50 659.50 47.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 732.5 m 282.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 732.5 m 359.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 732.5 m 406.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 732.5 m 435.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 732.5 m 482.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 732.5 m 510.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 732.5 m 558.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 701.5 m 253.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 732.5 m 282.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 701.5 m 282.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 732.5 m 329.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 701.5 m 329.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 732.5 m 359.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 701.5 m 359.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 732.5 m 406.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 701.5 m 406.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 732.5 m 435.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 701.5 m 435.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 732.5 m 482.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 701.5 m 482.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 732.5 m 510.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 701.5 m 510.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 732.5 m 558.5 732.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 701.5 m 558.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 701.5 m 282.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 701.5 m 329.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 701.5 m 359.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 701.5 m 406.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 701.5 m 435.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 701.5 m 482.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 701.5 m 510.5 701.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 701.5 m 558.5 701.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 673.5 m 253.5 673.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 253.5 673.5 m 282.5 673.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 282.5 673.5 m 329.5 673.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 329.5 673.5 m 359.5 673.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 359.5 673.5 m 406.5 673.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 406.5 673.5 m 435.5 673.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 435.5 673.5 m 482.5 673.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 482.5 673.5 m 510.5 673.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 510.5 673.5 m 558.5 673.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 617.5 m 253.5 617.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 253.5 617.5 m 282.5 617.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 282.5 617.5 m 329.5 617.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 329.5 617.5 m 359.5 617.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 359.5 617.5 m 406.5 617.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 406.5 617.5 m 435.5 617.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 435.5 617.5 m 482.5 617.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 482.5 617.5 m 510.5 617.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 510.5 617.5 m 558.5 617.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 565.5 m 253.5 565.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 551.5 m 253.5 551.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 253.5 565.5 m 282.5 565.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 551.5 m 282.5 551.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 282.5 565.5 m 329.5 565.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 551.5 m 329.5 551.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 329.5 565.5 m 359.5 565.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 551.5 m 359.5 551.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 359.5 565.5 m 406.5 565.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 551.5 m 406.5 551.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 406.5 565.5 m 435.5 565.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 551.5 m 435.5 551.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 435.5 565.5 m 482.5 565.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 551.5 m 482.5 551.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 482.5 565.5 m 510.5 565.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 551.5 m 510.5 551.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 510.5 565.5 m 558.5 565.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 551.5 m 558.5 551.5 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 64.00 736.90 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 320.90 737.45 Td (T) Tj ET Q q 0 0 0 rg BT 325.90 737.45 Td (welve months ended December 31, 2015) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 57.00 714.90 Td (\($ thousands\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 57.00 705.90 Td (\(Unaudited\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 305.95 723.45 Td (Meat) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 290.45 714.45 Td (Products) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 300.95 705.45 Td (Group) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 351.45 714.90 Td (Agribusiness) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 377.95 705.90 Td (Group) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.45 714.90 Td (Non-allocated) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 457.95 705.90 Td (costs) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 502.45 705.90 Td (Consolidated) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 691.90 Td (Net earnings) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 513.00 691.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 691.90 Td (41,580) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 676.45 Td (Income taxes) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 677.90 Td (11,071) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 664.45 Td (Earnings before income taxes) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 513.00 664.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 664.20 Td (52,651) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 648.45 Td (Interest expense and other financing costs) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 532.45 649.90 Td (4,711) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 634.45 Td (Other \(income\) expense) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 307.95 635.90 Td (\(884) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 326.00 635.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 384.95 635.90 Td (\(275) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 403.00 635.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 456.45 635.90 Td (3,058) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 532.45 635.90 Td (1,899) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 620.45 Td (Restructuring and other related costs) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 298.45 621.90 Td (15,321) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 394.00 621.90 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 451.45 621.90 Td (18,504) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 621.90 Td (33,825) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 608.45 Td (Earnings \(loss\) from operations) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 285.00 607.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 293.45 607.90 Td (108,440) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 362.00 607.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 380.45 607.90 Td (1,360) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.00 607.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 448.45 607.90 Td (\(16,714) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 479.00 607.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 513.00 607.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 607.90 Td (93,086) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 592.90 Td (Decrease \(increase\) in fair value of biological ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 583.90 Td (assets) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 95.01 588.19 Td (\(5\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 317.00 589.20 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 394.00 589.20 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 451.45 589.20 Td (12,778) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 589.20 Td (12,778) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 569.90 Td (Unrealized \(gain\) loss on futures contracts) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 225.58 574.19 Td (\(5\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 317.00 569.90 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 394.00 569.90 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 456.45 569.90 Td (3,936) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 532.45 569.90 Td (3,936) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 555.90 Td (Adjusted Operating Earnings) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 285.00 555.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 293.45 555.90 Td (108,440) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 362.00 555.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 380.45 555.90 Td (1,360) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.00 555.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 470.00 555.90 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 513.00 555.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.45 555.90 Td (109,800) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 54.00 529.20 Td (Adjusted Earnings per Share ) Tj ET Q BT /F2 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 513.90 Td (Adjusted Earnings per Share, a non-IFRS measure, is used by Management to evaluate financial operating results. It is ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 503.10 Td (defined as basic earnings per share and is adjusted on the same basis as ) Tj ET Q q 0 0 0 rg BT 349.19 503.10 Td (Adjusted Operating Earnings. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 469.09 503.10 Td (The table below ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 492.30 Td (provides a reconciliation of basic earnings per share as reported under IFRS to ) Tj ET Q q 0 0 0 rg BT 370.17 492.30 Td (Adjusted Earnings per Share for the three ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 481.50 Td (months ended, as indicated below) Tj ET Q q 0 0 0 rg BT 189.59 481.50 Td (, and a reconciliation of basic earnings per share as reported under IFRS in the audited ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 470.70 Td (consolidated statements of net earnings to ) Tj ET Q q 0 0 0 rg BT 225.11 470.70 Td (Adjusted Earnings per Share for the years then ended, as indicated below) Tj ET Q q 0 0 0 rg BT 518.80 470.70 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 459.90 Td (Management believes this basis is the most appropriate on which to evaluate financial results as they are representative of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 449.10 Td (the ongoing operations of the Company) Tj ET Q q 0 0 0 rg BT 210.94 449.10 Td (.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 398.6 m 345.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 413.6 m 359.5 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 398.6 m 359.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 413.6 m 396.5 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 398.6 m 396.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 413.6 m 410.5 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 398.6 m 410.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 413.6 m 447.5 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 398.6 m 447.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 413.6 m 461.5 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 398.6 m 461.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 413.6 m 498.5 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 398.6 m 498.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 413.6 m 512.5 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 398.6 m 512.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 413.6 m 549.5 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 398.6 m 549.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 398.6 m 359.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 398.6 m 396.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 398.6 m 410.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 398.6 m 447.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 398.6 m 461.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 398.6 m 498.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 398.6 m 512.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 398.6 m 549.5 398.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 318.6 m 345.5 318.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 345.5 318.6 m 359.5 318.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 359.5 318.6 m 396.5 318.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 396.5 318.6 m 410.5 318.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 410.5 318.6 m 447.5 318.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 447.5 318.6 m 461.5 318.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 461.5 318.6 m 498.5 318.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 498.5 318.6 m 512.5 318.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 512.5 318.6 m 549.5 318.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 304.6 m 345.5 304.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 304.6 m 359.5 304.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 304.6 m 396.5 304.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 304.6 m 410.5 304.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 304.6 m 447.5 304.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 304.6 m 461.5 304.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 304.6 m 498.5 304.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 304.6 m 512.5 304.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 304.6 m 549.5 304.6 l s BT /F4 9.00 Tf ET q 0 0 0 rg BT 57.00 412.00 Td (\($ per Share\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 57.00 403.00 Td (\(Unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 351.70 427.00 Td (Three months ended ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 366.70 418.00 Td (December 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.30 427.00 Td (T) Tj ET Q q 0 0 0 rg BT 456.13 427.00 Td (welve months ended ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.70 418.00 Td (December 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.95 403.00 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.95 403.00 Td (2015) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 474.95 403.00 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 525.95 403.00 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 389.00 Td (Basic earnings per share) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.00 389.30 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 375.45 389.30 Td (0.57) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 413.00 389.30 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 426.45 389.30 Td (0.24) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.00 389.30 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 477.45 389.30 Td (1.35) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 515.00 389.30 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 528.45 389.30 Td (0.30) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 375.00 Td (Restructuring and other related costs) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 204.58 379.29 Td (\(6\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 375.45 375.30 Td (0.02) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 426.45 375.30 Td (0.07) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 477.45 375.30 Td (0.04) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 528.45 374.80 Td (0.18) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 360.00 Td (Items included in other income not considered representative of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 351.00 Td (ongoing operations) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 145.56 355.29 Td (\(7\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 384.00 356.30 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.45 356.30 Td (\(0.03) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 444.00 356.30 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 474.45 356.30 Td (\(0.02) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 495.00 356.30 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 528.45 356.30 Td (0.02) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 337.00 Td (Change in the fair value of unrealized \(gain\) loss on futures contract) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 327.15 341.29 Td (\(8\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.45 337.30 Td (\(0.02) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.00 337.30 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 426.45 337.30 Td (0.05) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 474.45 337.30 Td (\(0.11) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 495.00 337.30 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 528.45 337.30 Td (0.02) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 323.00 Td (Change in the fair value of biological assets) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 230.61 327.29 Td (\(8\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.45 323.30 Td (\(0.27) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.00 323.30 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.45 323.30 Td (\(0.08) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 444.00 323.30 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 474.45 323.30 Td (\(0.03) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 495.00 323.30 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 528.45 323.30 Td (0.07) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 309.00 Td (Adjusted Earnings per Share) Tj ET Q BT /F5 9.00 Tf ET BT /F5 5.85 Tf ET q 0 0 0 rg BT 180.53 313.29 Td (\(10\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.00 309.00 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 375.45 309.00 Td (0.31) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 413.00 309.00 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 426.45 309.00 Td (0.25) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.00 309.00 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 477.45 309.00 Td (1.23) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 515.00 309.00 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 528.45 309.00 Td (0.58) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 54.00 282.30 Td (Adjusted Earnings Before Interest, T) Tj ET Q q 0 0 0 rg BT 209.36 282.30 Td (ax, Depreciation, and ) Tj ET Q q 0 0 0 rg BT 302.05 282.30 Td (Amortization) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.05 282.30 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 267.00 Td (Adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 123.53 267.00 Td ( is calculated as earnings before interest and income taxes plus depreciation and intangible asset ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 256.20 Td (amortization, adjusted for items that are not considered representative of ongoing operational activities of the business, and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 245.40 Td (items where the economic impact of the transactions will be reflected in earnings in future periods when the underlying asset is ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 234.60 Td (sold or transferred. ) Tj ET Q q 0 0 0 rg BT 131.87 234.60 Td (The following table provides a reconciliation of net earnings as reported under IFRS in the audited ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 223.80 Td (consolidated statements of net earnings to ) Tj ET Q q 0 0 0 rg BT 225.11 223.80 Td (Adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 294.64 223.80 Td ( for the years ended, as indicated below) Tj ET Q q 0 0 0 rg BT 453.25 223.80 Td (. Management believes ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 213.00 Td (Adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 123.53 213.00 Td ( is useful in assessing the performance of the Company) Tj ET Q q 0 0 0 rg BT 346.99 213.00 Td (s ongoing operations and its ability to generate cash ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 202.20 Td (flows to fund its cash requirements, including the Company) Tj ET Q q 0 0 0 rg BT 290.96 202.20 Td (s capital investment program.) Tj ET Q endstream endobj 13 0 obj <> endobj 14 0 obj <> stream BT /F3 10.00 Tf ET q 0 0 0 rg BT 534.40 33.25 Td (6) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 707.5 m 350.5 707.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 721.5 m 357.5 721.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 707.5 m 357.5 707.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 721.5 m 402.5 721.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 707.5 m 402.5 707.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 721.5 m 409.5 721.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 707.5 m 409.5 707.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 721.5 m 454.5 721.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 707.5 m 454.5 707.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 721.5 m 461.5 721.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 707.5 m 461.5 707.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 721.5 m 506.5 721.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 707.5 m 506.5 707.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 721.5 m 513.5 721.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 707.5 m 513.5 707.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 721.5 m 558.5 721.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 707.5 m 558.5 707.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 707.5 m 357.5 707.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 707.5 m 402.5 707.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 707.5 m 409.5 707.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 707.5 m 454.5 707.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 707.5 m 461.5 707.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 707.5 m 506.5 707.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 707.5 m 513.5 707.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 707.5 m 558.5 707.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 679.5 m 350.5 679.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 350.5 679.5 m 357.5 679.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 357.5 679.5 m 402.5 679.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 402.5 679.5 m 409.5 679.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 409.5 679.5 m 454.5 679.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 454.5 679.5 m 461.5 679.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 461.5 679.5 m 506.5 679.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 506.5 679.5 m 513.5 679.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 513.5 679.5 m 558.5 679.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 573.5 m 350.5 573.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 350.5 573.5 m 357.5 573.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 357.5 573.5 m 402.5 573.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 402.5 573.5 m 409.5 573.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 409.5 573.5 m 454.5 573.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 454.5 573.5 m 461.5 573.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 461.5 573.5 m 506.5 573.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 506.5 573.5 m 513.5 573.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 513.5 573.5 m 558.5 573.5 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 559.5 m 350.5 559.5 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 559.5 m 357.5 559.5 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 559.5 m 402.5 559.5 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 559.5 m 409.5 559.5 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 559.5 m 454.5 559.5 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 559.5 m 461.5 559.5 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 559.5 m 506.5 559.5 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 559.5 m 513.5 559.5 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 559.5 m 558.5 559.5 l s BT /F4 9.00 Tf ET q 0 0 0 rg BT 57.00 723.15 Td (\($ thousands\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 57.00 711.90 Td (\(Unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.70 734.90 Td (Three months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.70 725.90 Td (December 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.30 734.90 Td (Twelve months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.70 725.90 Td (December 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 378.95 711.90 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 430.95 711.90 Td (2015) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 482.95 711.90 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 534.95 711.90 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 698.45 Td (Net earnings) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 360.00 697.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 371.45 697.90 Td (76,224) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 412.00 697.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.45 697.90 Td (33,285) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.00 697.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.45 697.90 Td (181,702) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 516.00 697.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 697.90 Td (41,580) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 684.45 Td (Income taxes) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 371.45 683.90 Td (28,681) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.45 683.90 Td (12,403) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.45 683.90 Td (67,891) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 683.90 Td (11,071) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 670.45 Td (Earnings before income taxes) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 360.00 669.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 366.45 669.90 Td (104,905) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 412.00 669.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.45 669.90 Td (45,688) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.00 669.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.45 669.90 Td (249,593) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 516.00 669.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 669.90 Td (52,651) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 656.45 Td (Interest expense and other financing costs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 376.45 655.90 Td (1,231) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 428.45 655.90 Td (1,216) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.45 655.90 Td (6,367) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 532.45 655.90 Td (4,711) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 642.30 Td (Items included in other income not considered representative of ongoing ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 631.05 Td (operations) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 111.03 635.34 Td (\(9\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 388.95 636.70 Td (96) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 425.45 636.70 Td (\(5,668) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 451.00 636.70 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 477.45 636.70 Td (\(2,518) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.00 636.70 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 532.45 636.70 Td (3,058) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 617.45 Td (Restructuring and other related costs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 376.45 617.20 Td (4,226) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.45 617.20 Td (12,311) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.45 617.20 Td (6,570) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 617.20 Td (33,825) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 603.30 Td (Change in the fair value of biological assets and unrealized \(gain\) loss) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 592.05 Td (on futures contracts) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 368.45 597.70 Td (\(51,669) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 399.00 597.70 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 425.45 597.70 Td (\(5,484) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 451.00 597.70 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 472.45 597.70 Td (\(26,844) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.00 597.70 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 597.70 Td (16,714) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 578.45 Td (Depreciation and amortization) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 371.45 577.90 Td (27,567) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.45 577.90 Td (27,689) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.45 577.90 Td (110,276) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.45 577.90 Td (108,890) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 562.45 Td (Adjusted EBITDA) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 360.00 563.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 371.45 563.90 Td (86,356) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 412.00 563.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.45 563.90 Td (75,752) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.00 563.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.45 563.90 Td (343,444) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 516.00 563.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.45 563.90 Td (219,849) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 54.00 537.20 Td (Free Cash Flow) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 120.52 537.20 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 521.90 Td (Free Cash Flow) Tj ET Q q 0 0 0 rg BT 117.02 521.90 Td (, a non-IFRS measure, is used by Management to evaluate cash flow after investing in the maintenance or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 511.10 Td (expansion of the Company's asset base. It is defined as cash provided by operations, less additions to long-term assets. ) Tj ET Q q 0 0 0 rg BT 534.82 511.10 Td (The ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 500.30 Td (following table calculates Free Cash Flow for the periods indicated below) Tj ET Q q 0 0 0 rg BT 343.66 500.30 Td (.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 450.8 m 350.5 450.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 464.8 m 357.5 464.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 450.8 m 357.5 450.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 464.8 m 402.5 464.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 450.8 m 402.5 450.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 464.8 m 409.5 464.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 450.8 m 409.5 450.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 464.8 m 454.5 464.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 450.8 m 454.5 450.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 464.8 m 461.5 464.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 450.8 m 461.5 450.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 464.8 m 506.5 464.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 450.8 m 506.5 450.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 464.8 m 513.5 464.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 450.8 m 513.5 450.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 464.8 m 558.5 464.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 450.8 m 558.5 450.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 450.8 m 350.5 450.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 450.8 m 357.5 450.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 450.8 m 402.5 450.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 450.8 m 409.5 450.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 450.8 m 454.5 450.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 450.8 m 461.5 450.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 450.8 m 506.5 450.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 450.8 m 513.5 450.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 450.8 m 558.5 450.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 422.8 m 350.5 422.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 350.5 422.8 m 357.5 422.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 357.5 422.8 m 402.5 422.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 402.5 422.8 m 409.5 422.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 409.5 422.8 m 454.5 422.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 454.5 422.8 m 461.5 422.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 461.5 422.8 m 506.5 422.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 506.5 422.8 m 513.5 422.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 513.5 422.8 m 558.5 422.8 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 408.8 m 350.5 408.8 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 408.8 m 357.5 408.8 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 408.8 m 402.5 408.8 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 408.8 m 409.5 408.8 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 408.8 m 454.5 408.8 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 408.8 m 461.5 408.8 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 408.8 m 506.5 408.8 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 408.8 m 513.5 408.8 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 408.8 m 558.5 408.8 l s BT /F4 9.00 Tf ET q 0 0 0 rg BT 57.00 466.45 Td (\($ thousands\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 57.00 455.20 Td (\(Unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.70 478.20 Td (Three months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.70 469.20 Td (December 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.30 478.20 Td (Twelve months ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.70 469.20 Td (December 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 378.95 455.20 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 430.95 455.20 Td (2015) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 482.95 455.20 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 534.95 455.20 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 441.20 Td (Cash provided by operating activities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 360.00 441.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 371.45 441.20 Td (72,114) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 412.00 441.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.45 441.20 Td (77,353) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.00 441.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.45 441.20 Td (357,157) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 516.00 441.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.45 441.20 Td (159,407) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 427.20 Td (Additions to long-term assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 368.45 427.20 Td (\(36,219) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 399.00 427.20 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 420.45 427.20 Td (\(38,204) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 451.00 427.20 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.45 427.20 Td (\(113,194) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.00 427.20 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 519.45 427.20 Td (\(147,699) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 555.00 427.20 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 413.20 Td (Free Cash Flow) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 360.00 413.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 371.45 413.20 Td (35,895) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 412.00 413.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.45 413.20 Td (39,149) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.00 413.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.45 413.20 Td (243,963) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 516.00 413.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 413.20 Td (11,708) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET 0 0 0 RG /GS0 gs 0.94 w 0 i [] 0 d 1 J 1 j 3 M 54 380.573974609375 m 178.51025390625 380.573974609375 l s q 0 0 0 rg BT 54.00 382.00 Td (Forward-Looking Statements) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 366.70 Td (This document contains, and the Company) Tj ET Q q 0 0 0 rg BT 226.93 366.70 Td (s oral and written public communications often contain, forward-looking ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 355.90 Td (information within the meaning of applicable securities law) Tj ET Q q 0 0 0 rg BT 288.12 355.90 Td (. ) Tj ET Q q 0 0 0 rg BT 292.96 355.90 Td (These statements are based on current expectations, estimates, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 345.10 Td (forecasts, and projections about the industries in which the Company operates, as well as beliefs and assumptions made by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 334.30 Td (Management of the Company) Tj ET Q q 0 0 0 rg BT 171.90 334.30 Td (. Such statements include, but are not limited to, statements with respect to objectives and goals, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 323.50 Td (in addition to statements with respect to beliefs, plans, objectives, expectations, anticipations, estimates, and intentions. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 312.70 Td (Specific forward-looking information in this document includes, but is not limited to, statements with respect to: the increases in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 301.90 Td (operating ef) Tj ET Q q 0 0 0 rg BT 101.37 301.90 Td (ficiencies and cost reductions; expectations regarding the use of derivatives, futures and options; expectations ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 291.10 Td (regarding improving ef) Tj ET Q q 0 0 0 rg BT 143.38 291.10 Td (ficiencies; the expected use of cash balances; source of funds for ongoing business requirements; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 280.30 Td (capital investments and expectations regarding capital expenditures; expectations regarding the implementation of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 269.55 Td (environmental sustainability initiatives; expectations regarding the adoption of new accounting standards and the impact of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 258.70 Td (such adoption on financial position; expectations regarding pension plan performance and future pension plan liabilities and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 247.95 Td (contributions; expectations regarding levels of credit risk; and expectations regarding outcomes of legal actions. W) Tj ET Q q 0 0 0 rg BT 508.58 247.95 Td (ords such ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 237.10 Td (as expect, anticipate, intend, may, will, plan, believe, seek, estimate, and variations of such words and similar ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 226.35 Td (expressions are intended to identify such forward-looking information. ) Tj ET Q q 0 0 0 rg BT 332.99 226.35 Td (These statements are not guarantees of future ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 215.50 Td (performance and involve assumptions, risks, and uncertainties that are dif) Tj ET Q q 0 0 0 rg BT 347.49 215.50 Td (ficult to predict. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 413.02 215.50 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 200.20 Td (In addition, these statements and expectations concerning the performance of the Company) Tj ET Q q 0 0 0 rg BT 422.06 200.20 Td (s business in general are based ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 189.40 Td (on a number of factors and assumptions including, but not limited to: the condition of the Canadian, U.S., and Japanese ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 178.60 Td (economies; the rate of exchange of the Canadian dollar to the U.S. dollar) Tj ET Q q 0 0 0 rg BT 344.18 178.60 Td (, and the Japanese yen; the availability and prices of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 167.80 Td (raw materials, energy and supplies; product pricing; the availability of insurance; the competitive environment and related ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 157.00 Td (market conditions; improvement of operating ef) Tj ET Q q 0 0 0 rg BT 241.43 157.00 Td (ficiencies; continued access to capital; the cost of compliance with ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 146.20 Td (environmental and health standards; no adverse results from ongoing litigation; no unexpected actions of domestic and foreign ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 135.40 Td (governments; and the general assumption that none of the risks identified below or elsewhere in this document will ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 124.60 Td (materialize. ) Tj ET Q q 0 0 0 rg BT 102.02 124.60 Td (All of these assumptions have been derived from information currently available to the Company) Tj ET Q q 0 0 0 rg BT 484.05 124.60 Td (, including ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 113.80 Td (information obtained by the Company from third-party sources. ) Tj ET Q q 0 0 0 rg BT 305.96 113.80 Td (These assumptions may prove to be incorrect in whole or in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 103.00 Td (part. In addition, actual results may dif) Tj ET Q q 0 0 0 rg BT 205.41 103.00 Td (fer materially from those expressed, implied, or forecasted in such forward-looking ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 92.20 Td (information, which reflect the Company) Tj ET Q q 0 0 0 rg BT 211.41 92.20 Td (s expectations only as of the date hereof. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 378.01 92.20 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 76.90 Td (Factors that could cause actual results or outcomes to dif) Tj ET Q q 0 0 0 rg BT 281.45 76.90 Td (fer materially from the results expressed, implied, or forecasted by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 66.10 Td (forward-looking information include, among other things: ) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 50.80 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 50.80 Td (risks associated with the Company focusing solely on the protein business) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 367.66 50.80 Td (;) Tj ET Q endstream endobj 15 0 obj <> endobj 16 0 obj <> stream BT /F3 10.00 Tf ET q 0 0 0 rg BT 534.40 33.25 Td (7) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 740.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 740.45 Td (risks related to the Company's decisions regarding any potential return of capital to shareholders) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 455.93 740.45 Td (;) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 725.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 725.15 Td (risks associated with the Plan and concentration of production in fewer facilities) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 387.17 725.15 Td (; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 709.85 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 709.85 Td (risks associated with the availability of capital) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 252.08 709.85 Td (; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 694.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 694.55 Td (risks associated with changes in the Company) Tj ET Q q 0 0 0 rg BT 258.43 694.55 Td (s information systems and processes) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 406.49 694.55 Td (; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 679.25 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 679.25 Td (risks associated with cyber threats;) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 211.55 679.25 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 663.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 663.95 Td (risks posed by food contamination, consumer liability) Tj ET Q q 0 0 0 rg BT 281.43 663.95 Td (, and product recalls) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 362.48 663.95 Td (; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 648.65 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 648.65 Td (risks associated with acquisitions, divestitures, and capital expansion projects) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 380.65 648.65 Td (; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 633.35 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 633.35 Td (impact on pension expense and funding requirements of fluctuations in the market prices of fixed income and equity ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 622.55 Td (securities and changes in interest rates) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 228.08 622.55 Td (; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 607.25 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 607.25 Td (cyclical nature of the cost and supply of hogs and the competitive nature of the pork market generally) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 473.73 607.25 Td (; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 591.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 591.95 Td (risks related to the health status of livestock) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 246.08 591.95 Td (; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 576.65 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 576.65 Td (impact of a pandemic on the Company) Tj ET Q q 0 0 0 rg BT 227.92 576.65 Td (s operations) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 276.95 576.65 Td (; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 561.35 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 561.35 Td (the Company) Tj ET Q q 0 0 0 rg BT 127.37 561.35 Td (s exposure to currency exchange risks) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 280.94 561.35 Td (; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 546.05 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 546.05 Td (ability of the Company to hedge against the ef) Tj ET Q q 0 0 0 rg BT 254.96 546.05 Td (fect of commodity price changes through the use of commodity futures and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 535.25 Td (options) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 101.02 535.25 Td (; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 519.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 519.95 Td (impact of changes in the market value of the biological assets and hedging instruments) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 418.20 519.95 Td (; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 504.65 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 504.65 Td (risks associated with the supply management system for poultry in Canada;) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 489.35 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 489.35 Td (risks associated with the use of contract manufacturers;) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 474.05 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 474.05 Td (impact of international events on commodity prices and the free flow of goods) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 380.17 474.05 Td (; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 458.75 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 458.75 Td (risks posed by compliance with extensive government regulation) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 328.63 458.75 Td (; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 443.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 443.45 Td (risks posed by litigation) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 165.05 443.45 Td (; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 428.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 428.15 Td (impact of changes in consumer tastes and buying patterns) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 304.63 428.15 Td (; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 412.85 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 412.85 Td (impact of extensive environmental regulation and potential environmental liabilities) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 399.69 412.85 Td (; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 397.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 397.55 Td (risks associated with a consolidating retail environment) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 291.11 397.55 Td (; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 382.25 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 382.25 Td (risks posed by competition) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 178.05 382.25 Td (; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 366.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 366.95 Td (risks associated with complying with dif) Tj ET Q q 0 0 0 rg BT 227.90 366.95 Td (fering employment laws and practices, the potential for work stoppages due to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 356.15 Td (non-renewal of collective agreements, and recruiting and retaining qualified personnel) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 413.21 356.15 Td (; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 340.85 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 340.85 Td (risks associated with pricing the Company) Tj ET Q q 0 0 0 rg BT 241.41 340.85 Td (s products) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 282.93 340.85 Td (; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 325.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 325.55 Td (risks associated with managing the Company) Tj ET Q q 0 0 0 rg BT 254.43 325.55 Td (s supply chain; and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 333.98 325.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 310.25 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 310.25 Td (risks associated with failing to identify and manage the strategic risks facing the Company) Tj ET Q q 0 0 0 rg BT 428.51 310.25 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 433.51 310.25 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 294.95 Td (The Company cautions the reader that the foregoing list of factors is not exhaustive. ) Tj ET Q q 0 0 0 rg BT 390.02 294.95 Td (These factors are discussed in more ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 284.15 Td (detail under the heading Risk Factors) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 209.08 284.15 Td ( in the Company's ) Tj ET Q q 0 0 0 rg BT 285.34 284.15 Td (Annual Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 440.15 284.15 Td (Analysis for the year ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 273.35 Td (endedDecember 31, 2016, that is available on SEDAR at www) Tj ET Q q 0 0 0 rg BT 305.14 273.35 Td (.sedar) Tj ET Q q 0 0 0 rg BT 329.66 273.35 Td (.com.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 354.00 273.35 Td (The reader should review such section in detail. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 262.55 Td (Some of the forward-looking information may be considered to be financial outlooks for purposes of applicable securities ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 251.75 Td (legislation including, but not limited to, statements concerning future capital expenditures. ) Tj ET Q q 0 0 0 rg BT 411.54 251.75 Td (These financial outlooks are ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 240.95 Td (presented to evaluate anticipated future uses of cash flows, and may not be appropriate for other purposes and readers ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 230.15 Td (should not assume they will be achieved. ) Tj ET Q q 0 0 0 rg BT 219.93 230.15 Td (The Company does not intend to, and the Company disclaims any obligation to, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 219.35 Td (update any forward-looking information, whether written or oral, or whether as a result of new information, future events or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 208.55 Td (otherwise, except as required by law) Tj ET Q q 0 0 0 rg BT 199.08 208.55 Td (. ) Tj ET Q q 0 0 0 rg BT 203.58 208.55 Td (Additional information concerning the Company) Tj ET Q q 0 0 0 rg BT 392.02 208.55 Td (, including the Company) Tj ET Q q 0 0 0 rg BT 490.42 208.55 Td (s ) Tj ET Q q 0 0 0 rg BT 496.92 208.55 Td (Annual ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 197.75 Td (Information Form, is available on SEDAR at www) Tj ET Q q 0 0 0 rg BT 249.57 197.75 Td (.sedar) Tj ET Q q 0 0 0 rg BT 274.09 197.75 Td (.com. ) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 182.45 Td (Maple Leaf Foods Inc.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 143.05 182.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 145.55 182.45 Td (is a leading consumer protein company) Tj ET Q q 0 0 0 rg BT 301.47 182.45 Td (, making high quality) Tj ET Q q 0 0 0 rg BT 382.85 182.45 Td (, innovative products under national brands ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 171.65 Td (including Maple Leaf, Maple Leaf Prime, Maple Leaf Natural Selections, Schneiders, Schneiders Country Naturals ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 160.85 Td (and Mina. ) Tj ET Q q 0 0 0 rg BT 102.49 160.85 Td (The Company employs approximately 1) Tj ET Q q 0 0 0 rg BT 260.40 160.85 Td (1,000 people across Canada and exports to global markets, including the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 150.05 Td (U.S. and ) Tj ET Q q 0 0 0 rg BT 91.02 150.05 Td (Asia. ) Tj ET Q q 0 0 0 rg BT 113.37 150.05 Td (The Company is headquartered in Mississauga, Ontario and its shares trade on the ) Tj ET Q q 0 0 0 rg BT 447.39 150.05 Td (T) Tj ET Q q 0 0 0 rg BT 451.89 150.05 Td (oronto Stock Exchange ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 139.25 Td (\(MFI\). ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 80.49 139.25 Td ( ) Tj ET Q endstream endobj 17 0 obj <> endobj 18 0 obj <> stream BT /F3 10.00 Tf ET q 0 0 0 rg BT 534.40 33.25 Td (8) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 268.25 740.45 Td ( ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 270.75 740.45 Td (Footnote Legend) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 723.65 Td (1. ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 72.00 723.65 Td (Adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 141.70 723.65 Td ( is calculated as earnings before interest and income taxes plus depreciation and intangible asset ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 72.00 712.85 Td (amortization, adjusted for items that are not considered representative of ongoing operational activities of the business, ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 72.00 702.05 Td (and items where the economic impact of the transactions will be reflected in earnings in future periods when the ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 72.00 691.25 Td (underlying asset is sold or transferred. Please refer to the section entitled Reconciliation of Non-IFRS Financial Measures ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 72.00 680.45 Td (in this news release.) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 669.65 Td (2. ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 72.00 669.65 Td (Adjusted Earnings per Share, a non-IFRS measure, is used by Management to evaluate financial operating results. It is ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 72.00 658.85 Td (defined as basic earnings per share and is adjusted on the same basis as ) Tj ET Q q 0 0 0 rg BT 367.35 658.85 Td (Adjusted Operating Earnings.) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 484.92 658.85 Td ( Please refer to ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 72.00 648.05 Td (the section entitled Reconciliation of Non-IFRS Financial Measures in this news release.) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 637.25 Td (3. ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 72.00 637.25 Td (Adjusted Operating Earnings, a non-IFRS measure, is used by Management to evaluate financial operating results. It is ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 72.00 626.45 Td (defined as earnings adjusted for items that are not considered representative of ongoing operational activities of the ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 72.00 615.65 Td (business, and items where the economic impact of the transactions will be reflected in earnings in future periods when the ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 72.00 604.85 Td (underlying asset is sold or transferred.) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 224.57 604.85 Td (Please refer to the section entitled Reconciliation of Non-IFRS Financial Measures ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 72.00 594.05 Td (in this news release.) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 583.25 Td (4. ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 72.00 583.25 Td (Free Cash Flow) Tj ET Q q 0 0 0 rg BT 135.02 583.25 Td (, a non-IFRS measure, is defined as cash flow from operations less additions to long-term assets. ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 572.45 Td (5. ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 72.00 572.45 Td (Regarding biological assets, please refer to ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 247.10 572.45 Td (Note 7) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 273.62 572.45 Td ( of the Company) Tj ET Q q 0 0 0 rg BT 341.49 572.45 Td (s ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 348.49 572.45 Td (2016) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 368.51 572.45 Td ( annual audited consolidated financial ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 72.00 561.65 Td (statements. Unrealized gains/losses on futures contracts are reported within cost of goods sold in the Company) Tj ET Q q 0 0 0 rg BT 517.07 561.65 Td (s ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 524.07 561.65 Td (2016) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 544.09 561.65 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 72.00 550.85 Td (annual audited consolidated financial statements.) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 540.05 Td (6. ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 72.00 540.05 Td (Includes per share impact of restructuring and other related costs, net of tax.) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 376.16 540.05 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 529.25 Td (7. ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 72.00 529.25 Td (Primarily includes a depreciation charge on assets servicing divested businesses, interest income and gains/losses ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 72.00 518.45 Td (associated with investment properties and assets held for sale, net of tax. ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 369.16 518.45 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 507.65 Td (8. ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 72.00 507.65 Td (Includes per share impact of the change in unrealized \(gain\) loss on futures contracts and the change in fair value of ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 72.00 496.85 Td (biological assets, net of tax. ) Tj ET Q BT /F4 9.00 Tf ET BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 486.05 Td (9. ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 72.00 486.05 Td (Primarily includes a depreciation charge on assets servicing divested businesses, interest income and gains/losses ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 72.00 475.25 Td (associated with investment properties and assets held for sale.) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 464.45 Td (10. ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 72.00 464.45 Td (May not add due to rounding.) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 189.08 464.45 Td ( ) Tj ET Q endstream endobj 19 0 obj <> endobj 20 0 obj <> stream BT /F3 10.00 Tf ET q 0 0 0 rg BT 534.40 33.25 Td (9) Tj ET Q BT /F3 18.00 Tf ET q 0 0 0 rg BT 54.00 733.90 Td (Consolidated Balance Sheets) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 679.8 m 342.5 679.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 679.8 m 394.5 679.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 679.8 m 450.5 679.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 679.8 m 502.5 679.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 679.8 m 558.5 679.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 502.5 679.8 m 558.5 679.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 540.8 m 342.5 540.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 342.5 540.8 m 394.5 540.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 394.5 540.8 m 450.5 540.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 450.5 540.8 m 502.5 540.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 502.5 540.8 m 558.5 540.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 428.79999999999995 m 342.5 428.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 414.79999999999995 m 342.5 414.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 428.79999999999995 m 394.5 428.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 414.79999999999995 m 394.5 414.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 428.79999999999995 m 450.5 428.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 414.79999999999995 m 450.5 414.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 428.79999999999995 m 502.5 428.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 414.79999999999995 m 502.5 414.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 428.79999999999995 m 558.5 428.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 414.79999999999995 m 558.5 414.79999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 302.79999999999995 m 342.5 302.79999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 342.5 302.79999999999995 m 394.5 302.79999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 394.5 302.79999999999995 m 450.5 302.79999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 450.5 302.79999999999995 m 502.5 302.79999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 502.5 302.79999999999995 m 558.5 302.79999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 218.79999999999995 m 342.5 218.79999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 342.5 218.79999999999995 m 394.5 218.79999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 394.5 218.79999999999995 m 450.5 218.79999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 450.5 218.79999999999995 m 502.5 218.79999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 502.5 218.79999999999995 m 558.5 218.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 204.79999999999995 m 342.5 204.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 204.79999999999995 m 394.5 204.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 204.79999999999995 m 450.5 204.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 204.79999999999995 m 502.5 204.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 204.79999999999995 m 558.5 204.79999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 120.79999999999995 m 342.5 120.79999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 342.5 120.79999999999995 m 394.5 120.79999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 394.5 120.79999999999995 m 450.5 120.79999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 450.5 120.79999999999995 m 502.5 120.79999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 502.5 120.79999999999995 m 558.5 120.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 106.79999999999995 m 342.5 106.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 106.79999999999995 m 394.5 106.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 106.79999999999995 m 450.5 106.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 106.79999999999995 m 502.5 106.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 106.79999999999995 m 558.5 106.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 92.79999999999995 m 342.5 92.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 92.79999999999995 m 394.5 92.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 92.79999999999995 m 450.5 92.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 92.79999999999995 m 502.5 92.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 92.79999999999995 m 558.5 92.79999999999995 l s BT /F4 9.00 Tf ET q 0 0 0 rg BT 57.00 692.75 Td (\(In thousands of Canadian dollars\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 57.00 682.75 Td (\(Audited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 363.95 692.75 Td (As at December 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.95 683.75 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 475.45 692.75 Td (As at December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 534.95 683.75 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 64.00 670.75 Td () Tj ET Q BT /F5 9.00 Tf ET q 0 0 0 rg BT 447.00 670.75 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 513.00 670.98 Td (\(Restated\)) Tj ET Q BT /F4 8.00 Tf ET BT /F4 5.20 Tf ET q 0 0 0 rg BT 550.35 674.79 Td (\(i\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 655.75 Td (ASSETS) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 404.00 657.50 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 512.00 657.50 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 641.75 Td (Current assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 404.00 643.50 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 512.00 643.50 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 629.50 Td (Cash and cash equivalents) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 397.00 629.50 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 414.45 629.50 Td (403,621) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 505.00 629.50 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.45 629.50 Td (292,269) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 615.50 Td (Accounts receivable) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 414.45 615.50 Td (127,749) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 615.50 Td (57,958) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 601.50 Td (Notes receivable) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 419.45 601.50 Td (32,485) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.45 601.50 Td (103,706) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 587.50 Td (Inventories) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 414.45 587.50 Td (261,719) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.45 587.50 Td (257,671) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 573.50 Td (Biological assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 414.45 573.50 Td (111,445) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.45 573.50 Td (103,877) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 559.50 Td (Prepaid expenses and other assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 419.45 559.50 Td (30,372) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 559.50 Td (14,946) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 545.50 Td (Assets held for sale) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 424.45 545.50 Td (4,837) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 539.95 545.50 Td (130) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 531.50 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 397.00 531.50 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 414.45 531.50 Td (972,228) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 505.00 531.50 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.45 531.50 Td (830,557) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 517.50 Td (Property and equipment) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 406.95 517.50 Td (1,085,275) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 514.95 517.50 Td (1,082,360) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 503.50 Td (Investment property) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 424.45 503.50 Td (1,929) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 532.45 503.50 Td (7,336) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 489.50 Td (Employee benefits) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 419.45 489.50 Td (10,311) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 489.50 Td (66,519) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 475.50 Td (Other long-term assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 424.45 475.50 Td (6,557) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 475.50 Td (10,791) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 461.50 Td (Deferred tax asset) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 438.00 461.50 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 461.50 Td (55,094) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 447.50 Td (Goodwill) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 414.45 447.50 Td (428,236) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.45 447.50 Td (428,236) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 433.50 Td (Intangible assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 414.45 433.50 Td (128,085) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.45 433.50 Td (138,155) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 419.50 Td (T) Tj ET Q q 0 0 0 rg BT 73.50 419.50 Td (otal assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 397.00 419.50 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 406.95 419.50 Td (2,632,621) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 505.00 419.50 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 514.95 419.50 Td (2,619,048) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 405.50 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 389.75 Td (LIABILITIES ) Tj ET Q q 0 0 0 rg BT 110.67 389.75 Td (AND EQUITY) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 377.50 Td (Current liabilities) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 363.50 Td (Accounts payable and accruals) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 397.00 363.50 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 414.45 363.50 Td (256,163) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 505.00 363.50 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.45 363.50 Td (256,473) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 349.50 Td (Provisions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 419.45 349.50 Td (11,889) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 349.50 Td (32,531) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 335.50 Td (Current portion of long-term debt) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 431.95 335.50 Td (794) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 539.95 335.50 Td (813) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 321.50 Td (Income taxes payable) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 424.45 321.50 Td (9,544) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 532.45 321.50 Td (9,670) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 307.50 Td (Other current liabilities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 419.45 307.50 Td (96,857) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 307.50 Td (29,637) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 64.00 293.50 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 397.00 293.50 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 414.45 293.50 Td (375,247) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 505.00 293.50 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.45 293.50 Td (329,124) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 279.50 Td (Long-term debt) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 424.45 279.50 Td (9,119) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 532.45 279.50 Td (9,843) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 265.50 Td (Employee benefits) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 414.45 265.50 Td (108,730) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.45 265.50 Td (203,241) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 251.50 Td (Provisions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 419.45 251.50 Td (16,555) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 251.50 Td (14,622) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 237.50 Td (Other long-term liabilities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 419.45 237.50 Td (12,654) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 237.50 Td (20,901) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 223.50 Td (Deferred tax liability) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 419.45 223.50 Td (22,293) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 546.00 223.50 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 209.50 Td (T) Tj ET Q q 0 0 0 rg BT 73.50 209.50 Td (otal liabilities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 397.00 209.50 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 414.45 209.50 Td (544,598) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 505.00 209.50 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.45 209.50 Td (577,731) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 195.50 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 181.50 Td (Shareholders) Tj ET Q q 0 0 0 rg BT 116.52 181.50 Td ( equity) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 167.50 Td (Share capital) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 397.00 167.50 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 414.45 167.50 Td (853,633) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 505.00 167.50 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.45 167.50 Td (882,770) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 153.50 Td (Retained earnings) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 406.95 153.50 Td (1,247,737) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 514.95 153.50 Td (1,161,047) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 139.50 Td (Accumulated other comprehensive income \(loss\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 424.45 139.50 Td (1,619) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 536.95 139.50 Td (\(414) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 555.00 139.50 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 125.50 Td (Treasury stock) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 416.45 125.50 Td (\(14,966) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 447.00 125.50 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 529.45 125.50 Td (\(2,086) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 555.00 125.50 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 111.50 Td (T) Tj ET Q q 0 0 0 rg BT 61.50 111.50 Td (otal shareholders) Tj ET Q q 0 0 0 rg BT 132.21 111.50 Td ( equity) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 397.00 111.50 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 406.95 111.50 Td (2,088,023) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 505.00 111.50 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 514.95 111.50 Td (2,041,317) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 97.20 Td (T) Tj ET Q q 0 0 0 rg BT 61.50 97.20 Td (otal liabilities and equity) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 397.00 97.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 406.95 97.20 Td (2,632,621) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 505.00 97.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 514.95 97.20 Td (2,619,048) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 21 0 obj <> endobj 22 0 obj <> stream BT /F3 10.00 Tf ET q 0 0 0 rg BT 528.85 33.25 Td (10) Tj ET Q BT /F3 18.00 Tf ET q 0 0 0 rg BT 54.00 733.90 Td (Consolidated Statements of Net Earnings) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 678.8 m 396.5 678.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 678.8 m 450.5 678.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 678.8 m 504.5 678.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 678.8 m 558.5 678.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 664.8 m 342.5 664.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 664.8 m 396.5 664.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 664.8 m 450.5 664.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 664.8 m 504.5 664.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 664.8 m 558.5 664.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 664.8 m 504.5 664.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 622.8 m 342.5 622.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 342.5 622.8 m 396.5 622.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 396.5 622.8 m 450.5 622.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 450.5 622.8 m 504.5 622.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 504.5 622.8 m 558.5 622.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 594.8 m 342.5 594.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 342.5 594.8 m 396.5 594.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 396.5 594.8 m 450.5 594.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 450.5 594.8 m 504.5 594.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 504.5 594.8 m 558.5 594.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 552.8 m 342.5 552.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 342.5 552.8 m 396.5 552.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 396.5 552.8 m 450.5 552.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 450.5 552.8 m 504.5 552.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 504.5 552.8 m 558.5 552.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 524.8 m 342.5 524.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 342.5 524.8 m 396.5 524.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 396.5 524.8 m 450.5 524.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 450.5 524.8 m 504.5 524.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 504.5 524.8 m 558.5 524.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 496.8 m 342.5 496.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 342.5 496.8 m 396.5 496.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 396.5 496.8 m 450.5 496.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 450.5 496.8 m 504.5 496.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 504.5 496.8 m 558.5 496.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 482.8 m 342.5 482.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 482.8 m 396.5 482.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 482.8 m 450.5 482.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 482.8 m 504.5 482.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 482.8 m 558.5 482.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 440.8 m 342.5 440.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 342.5 440.8 m 396.5 440.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 396.5 440.8 m 450.5 440.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 450.5 440.8 m 504.5 440.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 504.5 440.8 m 558.5 440.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 342.5 440.8 m 396.5 440.8 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 396.5 440.8 m 450.5 440.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 398.8 m 342.5 398.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 398.8 m 396.5 398.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 398.8 m 450.5 398.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 398.8 m 504.5 398.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 398.8 m 558.5 398.8 l s BT /F4 9.00 Tf ET q 0 0 0 rg BT 57.00 669.20 Td (\(In thousands of Canadian dollars, except share amounts\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 363.90 692.20 Td (Three months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 390.45 683.20 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 467.40 692.20 Td (Twelve months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 498.45 683.20 Td (December 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.95 669.20 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 426.95 669.20 Td (2015) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.95 669.20 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 534.95 669.20 Td (2015) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 345.95 655.20 Td (\(Unaudited\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 399.95 655.20 Td (\(Unaudited\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 464.45 655.20 Td (\(Audited\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 518.45 655.20 Td (\(Audited\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 641.20 Td (Sales) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 345.00 641.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 360.45 641.20 Td (828,178) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 399.00 641.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 414.45 641.20 Td (873,123) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.00 641.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.95 641.20 Td (3,331,812) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 507.00 641.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 514.95 641.20 Td (3,292,932) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 627.20 Td (Cost of goods sold) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 360.45 627.20 Td (623,362) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 414.45 627.20 Td (756,277) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.95 627.20 Td (2,740,866) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 514.95 627.20 Td (2,911,791) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 613.20 Td (Gross margin) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 345.00 613.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 360.45 613.20 Td (204,816) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 399.00 613.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 414.45 613.20 Td (116,846) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.00 613.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.45 613.20 Td (590,946) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 507.00 613.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.45 613.20 Td (381,141) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 599.20 Td (Selling, general and administrative expenses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 365.45 599.20 Td (89,429) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 419.45 599.20 Td (63,605) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.45 599.20 Td (324,820) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.45 599.20 Td (288,055) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 585.20 Td (Earnings before the following:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 345.00 585.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 360.45 585.20 Td (115,387) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 399.00 585.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 419.45 585.20 Td (53,241) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.00 585.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.45 585.20 Td (266,126) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 507.00 585.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 585.20 Td (93,086) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 571.20 Td (Restructuring and other related costs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 367.45 571.20 Td (\(4,226) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.00 571.20 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 416.45 571.20 Td (\(12,311) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 447.00 571.20 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.45 571.20 Td (\(6,570) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 501.00 571.20 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 524.45 571.20 Td (\(33,825) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 555.00 571.20 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 557.20 Td (Other income \(expense\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 367.45 557.20 Td (\(5,025) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.00 557.20 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 424.45 557.20 Td (5,974) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.45 557.20 Td (\(3,596) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 501.00 557.20 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 529.45 557.20 Td (\(1,899) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 555.00 557.20 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 543.20 Td (Earnings before interest and income taxes) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 345.00 543.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 360.45 543.20 Td (106,136) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 399.00 543.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 419.45 543.20 Td (46,904) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.00 543.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.45 543.20 Td (255,960) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 507.00 543.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 543.20 Td (57,362) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 529.20 Td (Interest expense and other financing costs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 370.45 529.20 Td (1,231) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 424.45 529.20 Td (1,216) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 478.45 529.20 Td (6,367) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 532.45 529.20 Td (4,711) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 515.20 Td (Earnings before income taxes) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 345.00 515.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 360.45 515.20 Td (104,905) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 399.00 515.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 419.45 515.20 Td (45,688) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.00 515.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.45 515.20 Td (249,593) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 507.00 515.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 515.20 Td (52,651) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 501.20 Td (Income taxes expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 365.45 501.20 Td (28,681) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 419.45 501.20 Td (12,403) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 473.45 501.20 Td (67,891) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 501.20 Td (11,071) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 487.20 Td (Net earnings) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 345.00 487.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 365.45 487.20 Td (76,224) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 399.00 487.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 419.45 487.20 Td (33,285) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.00 487.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.45 487.20 Td (181,702) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 507.00 487.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 487.20 Td (41,580) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 473.20 Td (Earnings per share attributable to common shareholders:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 345.00 473.20 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 399.00 473.20 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.00 473.20 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 507.00 473.20 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 459.20 Td (Basic earnings per share) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 345.00 459.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 375.45 459.20 Td (0.57) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 399.00 459.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 429.45 459.20 Td (0.24) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.00 459.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.45 459.20 Td (1.35) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 507.00 459.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 537.45 459.20 Td (0.30) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 445.20 Td (Diluted earnings per share) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 345.00 445.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 375.45 445.20 Td (0.56) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 399.00 445.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 429.45 445.20 Td (0.24) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.00 445.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.45 445.20 Td (1.32) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 507.00 445.20 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 537.45 445.20 Td (0.29) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 431.20 Td (W) Tj ET Q q 0 0 0 rg BT 65.33 431.20 Td (eighted average number of shares \(millions\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 417.20 Td (Basic) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 370.45 417.20 Td (133.5) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 424.45 417.20 Td (136.7) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 478.45 417.20 Td (134.2) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 532.45 417.20 Td (140.2) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 403.20 Td (Diluted) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 370.45 403.20 Td (136.8) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 424.45 403.20 Td (138.2) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 478.45 403.20 Td (137.6) Tj ET Q BT 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3 M 45.5 437.6 m 201.5 437.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 201.5 437.6 m 247.5 437.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247.5 437.6 m 297.5 437.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297.5 437.6 m 350.5 437.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 437.6 m 411.5 437.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 437.6 m 470.5 437.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 437.6 m 511.5 437.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 437.6 m 560.5 437.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 201.5 398.6 m 247.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247.5 398.6 m 297.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297.5 398.6 m 350.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 398.6 m 411.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 398.6 m 470.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 398.6 m 511.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 45.5 326.6 m 201.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 201.5 326.6 m 247.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247.5 326.6 m 297.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297.5 326.6 m 350.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 326.6 m 411.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 326.6 m 470.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 326.6 m 511.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 326.6 m 560.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 201.5 326.6 m 247.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247.5 326.6 m 297.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297.5 326.6 m 350.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 326.6 m 411.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 326.6 m 470.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 326.6 m 511.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 326.6 m 560.5 326.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 45.5 166.60000000000002 m 201.5 166.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 45.5 152.60000000000002 m 201.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 201.5 166.60000000000002 m 247.5 166.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 201.5 152.60000000000002 m 247.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 247.5 166.60000000000002 m 297.5 166.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247.5 152.60000000000002 m 297.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 297.5 166.60000000000002 m 350.5 166.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297.5 152.60000000000002 m 350.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 350.5 166.60000000000002 m 411.5 166.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 152.60000000000002 m 411.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 411.5 166.60000000000002 m 470.5 166.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 152.60000000000002 m 470.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 470.5 166.60000000000002 m 511.5 166.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 152.60000000000002 m 511.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 511.5 166.60000000000002 m 560.5 166.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 152.60000000000002 m 560.5 152.60000000000002 l s BT /F3 8.00 Tf ET q 0 0 0 rg BT 48.00 693.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.50 693.83 Td (Accumulated other comprehensive income \(loss\)) Tj ET Q BT /F4 8.00 Tf ET BT /F4 5.20 Tf ET q 0 0 0 rg BT 446.66 697.64 Td (\(ii\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 514.00 693.83 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 48.00 629.78 Td (\(InthousandsofCanadiandollars\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 48.00 621.78 Td (\(Audited\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 221.75 629.83 Td (Share) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 218.65 621.83 Td (capital) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 260.20 629.83 Td (Retained ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 260.65 621.83 Td (earnings) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 301.65 629.83 Td (Contributed ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 318.10 621.83 Td (surplus) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 378.65 645.83 Td (Foreign ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 374.20 637.83 Td (currency ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 367.10 629.83 Td (translation ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 365.30 621.83 Td (adjustment) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 426.50 653.83 Td (Unrealized ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.65 645.83 Td (gains and ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 430.05 637.83 Td (losses on ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 430.50 629.83 Td (cash flow ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 438.95 621.83 Td (hedges) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.60 629.83 Td (T) Tj ET Q q 0 0 0 rg BT 479.05 629.83 Td (reasury ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 487.10 621.83 Td (stock) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 538.45 629.83 Td (T) Tj ET Q q 0 0 0 rg BT 542.74 629.83 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 533.40 621.83 Td (equity) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 48.00 607.83 Td (Balance at December 31, 2015) Tj ET Q BT /F4 7.00 Tf ET q 0 0 0 rg BT 60.00 593.55 Td (\(Restated\)) Tj ET Q BT /F4 7.00 Tf ET BT /F4 4.55 Tf ET q 0 0 0 rg BT 92.68 596.89 Td (\(i\) ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 204.00 593.83 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 215.35 593.83 Td (882,770) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 250.00 593.83 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 258.70 593.83 Td (1,161,047) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 300.00 593.83 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.25 593.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 353.00 593.83 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 388.25 593.88 Td (2,506) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.00 593.83 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.55 593.83 Td (\(2,920) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 467.30 593.83 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 473.00 593.83 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 485.60 593.88 Td (\(2,086) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 508.30 593.83 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.00 593.83 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 521.70 593.83 Td (2,041,317) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 60.00 579.83 Td (Net earnings ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 236.25 579.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 265.35 579.83 Td (181,702) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.25 579.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.25 579.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.25 579.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 500.25 579.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.35 579.88 Td (181,702) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 60.00 565.83 Td (Other comprehensive income \(loss\)) Tj ET Q BT /F4 8.00 Tf ET BT /F4 5.20 Tf ET q 0 0 0 rg BT 186.27 569.64 Td (\(iii\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 236.25 565.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 269.80 565.88 Td (46,243) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.25 565.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 392.25 565.88 Td (\(390) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.30 565.83 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 447.25 565.88 Td (2,423) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 500.25 565.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.80 565.83 Td (48,276) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 60.00 551.83 Td (Dividends declared \($0.36 per share\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 236.25 551.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 267.15 551.88 Td (\(48,348) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.30 551.83 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.25 551.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.25 551.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.25 551.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 500.25 551.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.15 551.83 Td (\(48,348) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 557.30 551.83 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 60.00 537.83 Td (Share-based compensation expense) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 236.25 537.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 286.25 537.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 322.80 537.88 Td (29,224) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.25 537.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.25 537.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 500.25 537.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.80 537.83 Td (29,224) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 60.00 525.28 Td (Deferred taxes on share-based ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 69.00 517.28 Td (compensation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 236.25 517.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 286.25 517.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 327.25 517.88 Td (3,550) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.25 517.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.25 517.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 500.25 517.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 537.25 517.83 Td (3,550) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 60.00 503.83 Td (Repurchase of shares) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 217.10 503.83 Td (\(31,963) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 244.30 503.83 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 267.15 503.88 Td (\(83,778) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.30 503.83 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 320.15 503.83 Td (\(32,418) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 347.30 503.83 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.25 503.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.25 503.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 500.25 503.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 525.70 503.83 Td (\(148,159) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 557.30 503.83 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 60.00 489.83 Td (Exercise of stock options) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 224.25 489.88 Td (2,826) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 286.25 489.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.25 489.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.25 489.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.25 489.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 500.25 489.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 537.25 489.83 Td (2,826) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 60.00 477.28 Td (Settlement of share-based ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 69.00 469.28 Td (compensation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 236.25 473.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 271.60 473.58 Td (\(9,129) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.30 473.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 331.25 473.63 Td (\(356) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 347.30 473.58 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.25 473.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.25 473.58 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 488.25 473.63 Td (5,032) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 534.60 473.63 Td (\(4,453) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 557.30 473.58 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 60.00 455.83 Td (Shares purchased by RSU trust) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 236.25 455.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 286.25 455.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.25 455.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.25 455.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.25 455.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 481.15 455.83 Td (\(17,912) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 508.30 455.83 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.15 455.83 Td (\(17,912) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 557.30 455.83 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 48.00 441.83 Td (Balance at December 31, 2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 204.00 441.83 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 215.35 441.83 Td (853,633) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 250.00 441.83 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 258.70 441.83 Td (1,247,737) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 300.00 441.83 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.25 441.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 353.00 441.83 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 388.25 441.88 Td (2,116) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.00 441.83 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 451.25 441.88 Td (\(497) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 467.30 441.83 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 473.00 441.83 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 481.15 441.83 Td (\(14,966) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 508.30 441.83 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.00 441.83 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 521.70 441.83 Td (2,088,023) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 48.00 415.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 204.00 415.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 514.00 415.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 48.00 402.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 266.60 402.83 Td (Accumulated other comprehensive income \(loss\)) Tj ET Q BT /F4 8.00 Tf ET BT /F4 5.20 Tf ET q 0 0 0 rg BT 439.56 406.64 Td (\(ii\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 514.00 402.83 Td () Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 48.00 338.78 Td (\(InthousandsofCanadiandollars\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 48.00 330.78 Td (\(Audited\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 222.65 338.83 Td (Share) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 220.85 330.83 Td (capital) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 261.95 338.83 Td (Retained ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 263.30 330.83 Td (earnings) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 305.60 338.83 Td (Contributed ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 321.20 330.83 Td (surplus) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 380.85 354.83 Td (Foreign) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 377.30 346.83 Td (currency) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 371.05 338.83 Td (translation) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 368.85 330.83 Td (adjustment) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 428.75 362.83 Td (Unrealized) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 432.30 354.83 Td (gains and) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 433.20 346.83 Td (losses on) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 433.65 338.83 Td (cash flow) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 440.75 330.83 Td (hedges) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 476.70 338.83 Td (T) Tj ET Q q 0 0 0 rg BT 481.29 338.83 Td (reasury ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 489.30 330.83 Td (stock) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 540.10 338.83 Td (T) Tj ET Q q 0 0 0 rg BT 544.10 338.83 Td (otal) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 535.65 330.83 Td (equity) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 48.00 316.83 Td (Balance at December 31, 2014) Tj ET Q BT /F4 7.00 Tf ET q 0 0 0 rg BT 60.00 302.55 Td (\(Restated\)) Tj ET Q BT /F4 7.00 Tf ET BT /F4 4.55 Tf ET q 0 0 0 rg BT 92.68 305.89 Td (\(i\) ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 204.00 302.83 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 215.35 302.83 Td (936,479) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 250.00 302.83 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 258.70 302.83 Td (1,216,998) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 300.00 302.83 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 322.80 302.88 Td (79,652) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 353.00 302.83 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 394.95 302.88 Td (737) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 414.00 302.83 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 451.25 302.88 Td (\(963) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 467.30 302.83 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 473.00 302.83 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 492.25 302.88 Td (\(224) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 508.30 302.83 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 514.00 302.83 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 521.70 302.83 Td (2,232,679) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 60.00 288.83 Td (Net earnings) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 236.25 288.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 269.80 288.88 Td (41,580) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 339.25 288.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 400.25 288.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 459.25 288.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 500.25 288.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 532.80 288.83 Td (41,580) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 60.00 274.69 Td (Other comprehensive income \(loss\)) Tj ET Q BT /F4 7.50 Tf ET BT /F4 4.87 Tf ET q 0 0 0 rg BT 178.38 278.27 Td (\(iii\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 236.25 274.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 280.95 274.83 Td (389) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 339.25 274.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 388.25 274.88 Td (1,769) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 444.55 274.83 Td (\(1,957) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 467.30 274.83 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 500.25 274.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 543.95 274.83 Td (201) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 60.00 260.83 Td (Dividends declared \($0.32 per share\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 236.25 260.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 267.15 260.88 Td (\(44,668) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 294.30 260.83 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 339.25 260.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 400.25 260.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 459.25 260.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 500.25 260.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 530.15 260.83 Td (\(44,668) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 557.30 260.83 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 60.00 246.83 Td (Share-based compensation expense) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 236.25 246.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 286.25 246.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 322.80 246.88 Td (12,870) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 400.25 246.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 459.25 246.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 500.25 246.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 532.80 246.83 Td (12,870) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 60.00 232.83 Td (Repurchase of shares) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 217.10 232.83 Td (\(56,744) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 244.30 232.83 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 267.15 232.88 Td (\(48,163) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 294.30 232.83 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 320.15 232.83 Td (\(90,216) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 347.30 232.83 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 400.25 232.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 459.25 232.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 500.25 232.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 525.70 232.83 Td (\(195,123) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 557.30 232.83 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 60.00 218.83 Td (Issuance of treasury stock) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 236.25 218.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 271.60 218.83 Td (\(3,860) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 294.30 218.83 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 324.55 218.83 Td (\(2,306) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 347.30 218.83 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 400.25 218.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 459.25 218.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 488.25 218.88 Td (3,326) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 534.60 218.88 Td (\(2,840) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 557.30 218.83 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 60.00 204.83 Td (Exercise of stock options) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 224.25 204.88 Td (3,035) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 286.25 204.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 339.25 204.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 400.25 204.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 459.25 204.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 500.25 204.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 537.25 204.83 Td (3,035) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 60.00 192.28 Td (Settlement of share-based ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 69.00 184.28 Td (compensation) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 236.75 184.69 Td () Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 273.00 184.74 Td (\(1,229) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 294.30 184.69 Td (\)) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 339.75 184.69 Td () Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 400.75 184.69 Td () Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 459.75 184.69 Td () Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 500.75 184.69 Td () Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 536.00 184.69 Td (\(1,229) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 557.30 184.69 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 60.00 170.83 Td (Shares purchased by RSU trust) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 236.25 170.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 286.25 170.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 339.25 170.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 400.25 170.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 459.25 170.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 485.60 170.88 Td (\(5,188) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 508.30 170.83 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 534.60 170.88 Td (\(5,188) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 557.30 170.83 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 48.00 156.83 Td (Balance at December 31, 2015 ) Tj ET Q BT /F4 7.00 Tf ET q 0 0 0 rg BT 160.52 156.83 Td (\(Restated\)) Tj ET Q BT /F4 7.00 Tf ET BT /F4 4.55 Tf ET q 0 0 0 rg BT 193.19 160.17 Td (\(i\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 204.00 156.83 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 215.35 156.83 Td (882,770) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 250.00 156.83 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 258.70 156.83 Td (1,161,047) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 300.00 156.83 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 339.25 156.83 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 353.00 156.83 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 388.25 156.88 Td (2,506) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 414.00 156.83 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 444.55 156.83 Td (\(2,920) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 467.30 156.83 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 473.00 156.83 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 485.60 156.88 Td (\(2,086) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 508.30 156.83 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 514.00 156.83 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 521.70 156.83 Td (2,041,317) Tj ET Q BT /F1 10.00 Tf ET BT /F4 8.00 Tf ET BT /F4 5.20 Tf ET q 0 0 0 rg BT 45.00 142.82 Td (\(ii\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 50.77 139.00 Td ( ) Tj ET Q q 0 0 0 rg BT 63.00 139.00 Td (Items that are or may be subsequently reclassified to profit or loss. ) Tj ET Q BT /F4 8.00 Tf ET BT /F4 5.20 Tf ET q 0 0 0 rg BT 45.00 128.72 Td (\(iii\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 51.93 124.90 Td ( ) Tj ET Q q 0 0 0 rg BT 63.00 124.90 Td (Included in other comprehensive income \(loss\) is the change in actuarial gains and losses that will not be reclassified to profit or loss and has ) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 63.00 115.30 Td (been reclassified to retained earnings. ) Tj ET Q endstream endobj 27 0 obj <> endobj 28 0 obj <> stream BT /F3 10.00 Tf ET q 0 0 0 rg BT 528.85 33.25 Td (13) Tj ET Q BT /F3 18.00 Tf ET q 0 0 0 rg BT 54.00 733.90 Td (Consolidated Statements of Cash Flows) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 703.4 m 336.5 703.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 703.4 m 384.5 703.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 703.4 m 394.5 703.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 703.4 m 442.5 703.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 703.4 m 452.5 703.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 703.4 m 500.5 703.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 703.4 m 505.5 703.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 703.4 m 558.5 703.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 689.4 m 326.5 689.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 689.4 m 336.5 689.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 689.4 m 384.5 689.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 689.4 m 394.5 689.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 689.4 m 442.5 689.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 689.4 m 452.5 689.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 689.4 m 500.5 689.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 689.4 m 505.5 689.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 689.4 m 558.5 689.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 689.4 m 452.5 689.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 689.4 m 500.5 689.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 689.4 m 505.5 689.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 689.4 m 558.5 689.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 384.4 m 326.5 384.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 326.5 384.4 m 336.5 384.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 336.5 384.4 m 384.5 384.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 384.5 384.4 m 394.5 384.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 394.5 384.4 m 442.5 384.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 442.5 384.4 m 452.5 384.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 452.5 384.4 m 500.5 384.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 500.5 384.4 m 505.5 384.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 505.5 384.4 m 558.5 384.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 370.4 m 326.5 370.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 326.5 370.4 m 336.5 370.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 336.5 370.4 m 384.5 370.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 384.5 370.4 m 394.5 370.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 394.5 370.4 m 442.5 370.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 442.5 370.4 m 452.5 370.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 452.5 370.4 m 500.5 370.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 500.5 370.4 m 505.5 370.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 505.5 370.4 m 558.5 370.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 272.4 m 326.5 272.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 258.4 m 326.5 258.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 326.5 272.4 m 336.5 272.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 326.5 258.4 m 336.5 258.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 336.5 272.4 m 384.5 272.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 336.5 258.4 m 384.5 258.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 384.5 272.4 m 394.5 272.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 384.5 258.4 m 394.5 258.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 394.5 272.4 m 442.5 272.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 394.5 258.4 m 442.5 258.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 442.5 272.4 m 452.5 272.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 442.5 258.4 m 452.5 258.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 452.5 272.4 m 500.5 272.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 452.5 258.4 m 500.5 258.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 500.5 272.4 m 505.5 272.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 500.5 258.4 m 505.5 258.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 505.5 272.4 m 558.5 272.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 505.5 258.4 m 558.5 258.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 202.39999999999998 m 326.5 202.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 188.39999999999998 m 326.5 188.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 326.5 202.39999999999998 m 336.5 202.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 326.5 188.39999999999998 m 336.5 188.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 336.5 202.39999999999998 m 384.5 202.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 336.5 188.39999999999998 m 384.5 188.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 384.5 202.39999999999998 m 394.5 202.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 384.5 188.39999999999998 m 394.5 188.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 394.5 202.39999999999998 m 442.5 202.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 394.5 188.39999999999998 m 442.5 188.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 442.5 202.39999999999998 m 452.5 202.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 442.5 188.39999999999998 m 452.5 188.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 452.5 202.39999999999998 m 500.5 202.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 452.5 188.39999999999998 m 500.5 188.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 500.5 202.39999999999998 m 505.5 202.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 500.5 188.39999999999998 m 505.5 188.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 505.5 202.39999999999998 m 558.5 202.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 505.5 188.39999999999998 m 558.5 188.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 160.39999999999998 m 326.5 160.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 326.5 160.39999999999998 m 336.5 160.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 336.5 160.39999999999998 m 384.5 160.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 384.5 160.39999999999998 m 394.5 160.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 394.5 160.39999999999998 m 442.5 160.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 442.5 160.39999999999998 m 452.5 160.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 452.5 160.39999999999998 m 500.5 160.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 500.5 160.39999999999998 m 505.5 160.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 505.5 160.39999999999998 m 558.5 160.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 160.39999999999998 m 326.5 160.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 146.39999999999998 m 326.5 146.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 326.5 160.39999999999998 m 336.5 160.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 146.39999999999998 m 336.5 146.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 336.5 160.39999999999998 m 384.5 160.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 146.39999999999998 m 384.5 146.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 384.5 160.39999999999998 m 394.5 160.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 146.39999999999998 m 394.5 146.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 394.5 160.39999999999998 m 442.5 160.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 146.39999999999998 m 442.5 146.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 442.5 160.39999999999998 m 452.5 160.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 146.39999999999998 m 452.5 146.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 452.5 160.39999999999998 m 500.5 160.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 146.39999999999998 m 500.5 146.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 500.5 160.39999999999998 m 505.5 160.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 146.39999999999998 m 505.5 146.39999999999998 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 505.5 160.39999999999998 m 558.5 160.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 146.39999999999998 m 558.5 146.39999999999998 l s BT /F4 9.00 Tf ET q 0 0 0 rg BT 57.00 693.80 Td (\(In thousands of Canadian dollars\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 355.90 714.35 Td (Three months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 382.45 705.40 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 467.40 714.35 Td (Twelve months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 498.45 705.40 Td (December 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 360.95 693.80 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 418.95 693.80 Td (2015) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.95 693.80 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 534.95 693.80 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 680.10 Td (CASH PROVIDED BY \(USED IN\):) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 333.95 680.10 Td (\(Unaudited\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 391.95 680.10 Td (\(Unaudited\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 460.45 680.10 Td (\(Audited\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 518.45 680.10 Td (\(Audited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 666.10 Td (Operating activities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.00 666.10 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 397.00 666.10 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.00 666.10 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 508.00 666.10 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 652.10 Td (Net earnings ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.00 652.10 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 353.10 652.10 Td (76,224) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 397.00 652.10 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 411.10 652.10 Td (33,285) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.00 652.10 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.10 652.10 Td (181,702) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 508.00 652.10 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.10 652.10 Td (41,580) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 638.10 Td (Add \(deduct\) items not af) Tj ET Q q 0 0 0 rg BT 169.39 638.10 Td (fecting cash:) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 81.00 624.10 Td (Change in fair value of biological assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 350.10 624.10 Td (\(48,172) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.65 624.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 408.10 624.10 Td (\(14,344) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.65 624.10 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 471.10 624.10 Td (\(6,263) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.65 624.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.10 624.10 Td (12,778) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 81.00 610.10 Td (Depreciation and amortization) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 353.10 610.10 Td (27,576) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 411.10 610.10 Td (28,529) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.10 610.10 Td (111,651) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.10 610.10 Td (123,480) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 81.00 596.10 Td (Share-based compensation) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 353.10 596.10 Td (10,165) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 416.10 596.10 Td (6,198) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.10 596.10 Td (29,224) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.10 596.10 Td (12,870) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 81.00 582.10 Td (Deferred income taxes) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 353.10 582.10 Td (27,013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 411.10 582.10 Td (11,462) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.10 582.10 Td (63,124) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 532.10 582.10 Td (9,178) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 81.00 568.10 Td (Income tax current) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 358.10 568.10 Td (1,668) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.60 568.10 Td (941) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 474.10 568.10 Td (4,767) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 532.10 568.10 Td (1,893) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 81.00 554.10 Td (Interest expense and other financing costs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 358.10 554.10 Td (1,231) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 416.10 554.10 Td (1,216) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 474.10 554.10 Td (6,367) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 532.10 554.10 Td (4,711) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 81.00 540.10 Td (Loss \(gain\) on sale of long-term assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 358.10 540.10 Td (3,518) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 413.10 540.10 Td (\(4,163) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.65 540.10 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 471.10 540.10 Td (\(1,235) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.65 540.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 524.10 540.10 Td (\(10,344) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 554.65 540.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 81.00 525.10 Td (Change in fair value of non-designated derivative financial ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 81.00 516.10 Td (instruments) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 355.10 520.60 Td (\(4,637) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.65 520.60 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 416.10 520.60 Td (7,727) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 466.10 520.60 Td (\(25,086) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.65 520.60 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 529.10 520.60 Td (\(1,429) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 554.65 520.60 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 81.00 501.10 Td (Impairment of assets \(net of reversals\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 365.60 501.10 Td (638) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 429.65 501.10 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 474.10 501.10 Td (2,831) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 532.10 501.10 Td (1,907) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 487.10 Td (Change in net pension liability) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 358.10 487.10 Td (5,623) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 416.10 487.10 Td (6,770) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.10 487.10 Td (24,903) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.10 487.10 Td (26,761) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 473.10 Td (Net income taxes paid) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.60 473.10 Td (\(793) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.65 473.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 420.60 473.10 Td (\(605) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.65 473.10 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 471.10 473.10 Td (\(4,944) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.65 473.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 524.10 473.10 Td (\(12,735) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 554.65 473.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 459.10 Td (Interest paid) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.60 459.10 Td (\(991) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.65 459.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 413.10 459.10 Td (\(1,022) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.65 459.10 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 471.10 459.10 Td (\(3,904) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.65 459.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 529.10 459.10 Td (\(3,674) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 554.65 459.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 445.10 Td (Change in provision for restructuring and other related costs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 365.60 445.10 Td (271) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 416.10 445.10 Td (6,011) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 466.10 445.10 Td (\(17,256) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.65 445.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 524.10 445.10 Td (\(14,963) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 554.65 445.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 431.10 Td (Cash settlement of restricted share units) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 371.65 431.10 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 413.10 431.10 Td (\(5,904) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.65 431.10 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 478.60 431.10 Td (\(216) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.65 431.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 524.10 431.10 Td (\(11,236) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 554.65 431.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 417.10 Td (Derivatives margin) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 350.10 417.10 Td (\(22,745) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.65 417.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 420.60 417.10 Td (\(534) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.65 417.10 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 474.10 417.10 Td (1,772) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 532.10 417.10 Td (1,587) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 403.10 Td (Other) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 355.10 403.10 Td (\(2,518) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.65 403.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 413.10 403.10 Td (\(2,262) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.65 403.10 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 481.60 403.10 Td (736) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 539.60 403.10 Td (932) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 389.10 Td (Change in non-cash operating working capital) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 355.10 389.10 Td (\(1,957) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.65 389.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 416.10 389.10 Td (4,048) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 466.10 389.10 Td (\(11,016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.65 389.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 524.10 389.10 Td (\(23,889) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 554.65 389.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 375.10 Td (Cash provided by operating activities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.00 375.10 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 353.10 375.10 Td (72,114) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 397.00 375.10 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 411.10 375.10 Td (77,353) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.00 375.10 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.10 375.10 Td (357,157) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 508.00 375.10 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.10 375.10 Td (159,407) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 361.10 Td (Financing activities) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 347.10 Td (Dividends paid) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.00 347.10 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 350.10 347.10 Td (\(11,967) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.65 347.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 397.00 347.10 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 408.10 347.10 Td (\(10,842) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.65 347.10 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.00 347.10 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 466.10 347.10 Td (\(48,348) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.65 347.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 508.00 347.10 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 524.10 347.10 Td (\(44,668) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 554.65 347.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 333.10 Td (Net increase \(decrease\) in long-term debt) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.60 333.10 Td (\(199) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.65 333.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 425.60 333.10 Td (\(83) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.65 333.10 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 471.10 333.10 Td (\(1,051) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.65 333.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 536.60 333.10 Td (\(125) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 554.65 333.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 319.10 Td (Exercise of stock options) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 358.10 319.10 Td (1,165) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.60 319.10 Td (847) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 474.10 319.10 Td (2,826) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 532.10 319.10 Td (3,035) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 305.10 Td (Repurchase of shares) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 350.10 305.10 Td (\(60,490) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.65 305.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 408.10 305.10 Td (\(44,194) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.65 305.10 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 466.10 305.10 Td (\(72,412) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.65 305.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 519.10 305.10 Td (\(182,549) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 554.65 305.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 291.10 Td (Payment of deferred financing fees) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.60 291.10 Td (\(631) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.65 291.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 429.65 291.10 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 471.10 291.10 Td (\(2,412) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.65 291.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 536.60 291.10 Td (\(277) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 554.65 291.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 277.10 Td (Purchase of treasury stock) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 355.10 277.10 Td (\(4,811) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.65 277.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 413.10 277.10 Td (\(4,000) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.65 277.10 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 466.10 277.10 Td (\(17,912) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.65 277.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 529.10 277.10 Td (\(5,188) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 554.65 277.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 263.10 Td (Cash used in financing activities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.00 263.10 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 350.10 263.10 Td (\(76,933) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.65 263.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 397.00 263.10 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 408.10 263.10 Td (\(58,272) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.65 263.10 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.00 263.10 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 461.10 263.10 Td (\(139,309) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.65 263.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 508.00 263.10 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 519.10 263.10 Td (\(229,772) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 554.65 263.10 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 249.10 Td (Investing activities) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 235.10 Td (Additions to long-term assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.00 235.10 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 350.10 235.10 Td (\(36,219) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.65 235.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 397.00 235.10 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 408.10 235.10 Td (\(38,204) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.65 235.10 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.00 235.10 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 461.10 235.10 Td (\(113,194) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.65 235.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 508.00 235.10 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 519.10 235.10 Td (\(147,699) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 554.65 235.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 221.10 Td (T) Tj ET Q q 0 0 0 rg BT 74.16 221.10 Td (ransaction costs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 371.65 221.10 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 430.60 221.10 Td (\(1) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.65 221.10 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 487.65 221.10 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 541.60 221.10 Td (\(64) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 554.65 221.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 207.10 Td (Proceeds from sale of long-term assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 365.60 207.10 Td (311) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 416.10 207.10 Td (4,854) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 474.10 207.10 Td (6,698) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.10 207.10 Td (14,069) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 193.10 Td (Cash used in investing activities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.00 193.10 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 350.10 193.10 Td (\(35,908) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.65 193.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 397.00 193.10 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 408.10 193.10 Td (\(33,351) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.65 193.10 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.00 193.10 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 461.10 193.10 Td (\(106,496) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.65 193.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 508.00 193.10 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 519.10 193.10 Td (\(133,694) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 554.65 193.10 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 179.10 Td (Increase \(decrease\) in cash and cash equivalents) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.00 179.10 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 350.10 179.10 Td (\(40,727) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.65 179.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 397.00 179.10 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 408.10 179.10 Td (\(14,270) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.65 179.10 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.00 179.10 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.10 179.10 Td (111,352) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 508.00 179.10 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 519.10 179.10 Td (\(204,059) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 554.65 179.10 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 165.10 Td (Net cash and cash equivalents, beginning of period) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.10 165.10 Td (444,348) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 406.10 165.10 Td (306,539) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.10 165.10 Td (292,269) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.10 165.10 Td (496,328) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 151.10 Td (Net cash and cash equivalents, end of period) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.00 151.10 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.10 151.10 Td (403,621) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 397.00 151.10 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 406.10 151.10 Td (292,269) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.00 151.10 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.10 151.10 Td (403,621) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 508.00 151.10 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.10 151.10 Td (292,269) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 29 0 obj <> endobj 30 0 obj <> stream BT /F3 10.00 Tf ET q 0 0 0 rg BT 528.85 33.25 Td (14) Tj ET Q BT /F3 18.00 Tf ET q 0 0 0 rg BT 54.00 733.90 Td (Segmented Financial Information) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 709.4 m 280.5 709.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 709.4 m 327.5 709.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 709.4 m 357.5 709.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 709.4 m 404.5 709.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 709.4 m 426.5 709.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 709.4 m 481.5 709.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 709.4 m 503.5 709.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 709.4 m 558.5 709.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 695.4 m 253.5 695.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 695.4 m 280.5 695.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 695.4 m 327.5 695.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 695.4 m 357.5 695.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 695.4 m 404.5 695.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 695.4 m 426.5 695.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 695.4 m 481.5 695.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 695.4 m 503.5 695.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 695.4 m 558.5 695.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 695.4 m 357.5 695.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 695.4 m 404.5 695.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 695.4 m 426.5 695.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 695.4 m 481.5 695.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 695.4 m 503.5 695.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 695.4 m 558.5 695.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 639.4 m 253.5 639.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 625.4 m 253.5 625.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 253.5 639.4 m 280.5 639.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 625.4 m 280.5 625.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 280.5 639.4 m 327.5 639.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 625.4 m 327.5 625.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 327.5 639.4 m 357.5 639.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 625.4 m 357.5 625.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 357.5 639.4 m 404.5 639.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 625.4 m 404.5 625.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 404.5 639.4 m 426.5 639.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 625.4 m 426.5 625.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 426.5 639.4 m 481.5 639.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 625.4 m 481.5 625.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 481.5 639.4 m 503.5 639.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 625.4 m 503.5 625.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 503.5 639.4 m 558.5 639.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 625.4 m 558.5 625.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 625.4 m 253.5 625.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 560.4 m 253.5 560.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 253.5 560.4 m 280.5 560.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 280.5 560.4 m 327.5 560.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 327.5 560.4 m 357.5 560.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 357.5 560.4 m 404.5 560.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 404.5 560.4 m 426.5 560.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 426.5 560.4 m 481.5 560.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 481.5 560.4 m 503.5 560.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 503.5 560.4 m 558.5 560.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 537.4 m 253.5 537.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 537.4 m 280.5 537.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 537.4 m 327.5 537.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 537.4 m 357.5 537.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 537.4 m 404.5 537.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 537.4 m 426.5 537.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 537.4 m 481.5 537.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 537.4 m 503.5 537.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 537.4 m 558.5 537.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 495.4 m 253.5 495.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 481.4 m 253.5 481.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 253.5 495.4 m 280.5 495.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 481.4 m 280.5 481.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 280.5 495.4 m 327.5 495.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 481.4 m 327.5 481.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 327.5 495.4 m 357.5 495.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 481.4 m 357.5 481.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 357.5 495.4 m 404.5 495.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 481.4 m 404.5 481.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 404.5 495.4 m 426.5 495.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 481.4 m 426.5 481.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 426.5 495.4 m 481.5 495.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 481.4 m 481.5 481.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 481.5 495.4 m 503.5 495.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 481.4 m 503.5 481.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 503.5 495.4 m 558.5 495.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 481.4 m 558.5 481.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 425.4 m 253.5 425.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 425.4 m 253.5 425.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 411.4 m 253.5 411.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 253.5 425.4 m 280.5 425.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 411.4 m 280.5 411.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 280.5 425.4 m 327.5 425.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280.5 411.4 m 327.5 411.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 327.5 425.4 m 357.5 425.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 411.4 m 357.5 411.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 357.5 425.4 m 404.5 425.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 411.4 m 404.5 411.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 404.5 425.4 m 426.5 425.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 411.4 m 426.5 411.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 426.5 425.4 m 481.5 425.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 411.4 m 481.5 411.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 481.5 425.4 m 503.5 425.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 411.4 m 503.5 411.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 503.5 425.4 m 558.5 425.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 411.4 m 558.5 411.4 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 258.90 713.80 Td (Three months ended December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 408.40 713.80 Td (Twelve months ended December 31,) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 57.00 700.35 Td (\(In thousands of Canadian dollars\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 303.95 699.80 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 380.95 699.80 Td (2015) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 457.95 699.80 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 534.95 699.80 Td (2015) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 276.95 685.80 Td (\(Unaudited\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 353.95 685.80 Td (\(Unaudited\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 441.45 685.80 Td (\(Audited\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 518.45 685.80 Td (\(Audited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 671.80 Td (Sales) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 657.80 Td (Meat Products Group) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 283.00 657.80 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 291.45 657.80 Td (824,432) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 360.00 657.80 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 368.45 657.80 Td (868,542) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.00 657.80 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 437.95 657.80 Td (3,316,490) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.00 657.80 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 514.95 657.80 Td (3,276,994) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 643.80 Td (Agribusiness Group) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 301.45 643.80 Td (3,746) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 378.45 643.80 Td (4,581) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.45 643.80 Td (15,322) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 643.80 Td (15,938) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 629.80 Td (T) Tj ET Q q 0 0 0 rg BT 61.83 629.80 Td (otal sales) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 283.00 629.80 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 291.45 629.80 Td (828,178) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 360.00 629.80 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 368.45 629.80 Td (873,123) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.00 629.80 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 437.95 629.80 Td (3,331,812) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.00 629.80 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 514.95 629.80 Td (3,292,932) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 615.80 Td (Earnings \(loss\) before restructuring and ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 70.50 606.80 Td (other related costs and other income) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 592.80 Td (Meat Products Group) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 283.00 592.80 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 296.45 592.80 Td (73,510) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 360.00 592.80 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 373.45 592.80 Td (54,619) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.00 592.80 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.45 592.80 Td (263,605) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.00 592.80 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.45 592.80 Td (108,440) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 578.80 Td (Agribusiness Group) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 298.45 578.80 Td (\(9,792) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.00 578.80 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 375.45 578.80 Td (\(6,862) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 401.00 578.80 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 447.45 578.80 Td (\(24,323) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 478.00 578.80 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 532.45 578.80 Td (1,360) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 564.80 Td (Non-allocated ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 296.45 564.80 Td (51,669) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 378.45 564.80 Td (5,484) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.45 564.80 Td (26,844) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 524.45 564.80 Td (\(16,714) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 555.00 564.80 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 550.80 Td (T) Tj ET Q q 0 0 0 rg BT 61.83 550.80 Td (otal earnings \(loss\) before restructuring ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 70.50 541.80 Td (and other related costs and other income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 283.00 541.80 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 291.45 541.80 Td (115,387) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 360.00 541.80 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 373.45 541.80 Td (53,241) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.00 541.80 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.45 541.80 Td (266,126) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.00 541.80 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 541.80 Td (93,086) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 527.80 Td (Capital expenditures) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 513.80 Td (Meat Products Group) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 283.00 513.80 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 296.45 513.80 Td (26,075) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 360.00 513.80 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 373.45 513.80 Td (29,838) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.00 513.80 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.45 513.80 Td (95,293) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.00 513.80 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.45 513.80 Td (123,455) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 499.80 Td (Agribusiness Group) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 296.45 499.80 Td (10,144) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 378.45 499.80 Td (7,367) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.45 499.80 Td (17,901) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 499.80 Td (22,295) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 283.00 485.80 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 296.45 485.80 Td (36,219) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 360.00 485.80 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 373.45 485.80 Td (37,205) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.00 485.80 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.45 485.80 Td (113,194) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.00 485.80 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.45 485.80 Td (145,750) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 471.80 Td (Depreciation and amortization) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 457.80 Td (Meat Products Group) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 283.00 457.80 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 296.45 457.80 Td (25,659) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 360.00 457.80 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 373.45 457.80 Td (25,870) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.00 457.80 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.45 457.80 Td (102,820) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.00 457.80 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.45 457.80 Td (102,302) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 443.80 Td (Agribusiness Group) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 301.45 443.80 Td (1,908) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 378.45 443.80 Td (1,819) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.45 443.80 Td (7,456) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 532.45 443.80 Td (6,588) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 429.80 Td (Non-allocated) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 124.53 434.09 Td (\(i\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.95 429.80 Td (9) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 385.95 429.80 Td (840) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.45 429.80 Td (1,375) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.45 429.80 Td (14,590) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 283.00 415.80 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 296.45 415.80 Td (27,576) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 360.00 415.80 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 373.45 415.80 Td (28,529) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.00 415.80 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.45 415.80 Td (111,651) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.00 415.80 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.45 415.80 Td (123,480) Tj ET Q BT /F1 10.00 Tf ET BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 54.00 400.89 Td (\(i\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 59.19 396.60 Td ( ) Tj ET Q q 0 0 0 rg BT 72.00 396.60 Td (Includes depreciation on assets used to service divested business.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 372.1 m 428.5 372.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 372.1 m 483.5 372.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 372.1 m 503.5 372.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 372.1 m 558.5 372.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 358.1 m 408.5 358.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 358.1 m 428.5 358.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 358.1 m 483.5 358.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 372.1 m 503.5 372.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 358.1 m 503.5 358.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 358.1 m 558.5 358.1 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 288.1 m 408.5 288.1 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 408.5 288.1 m 428.5 288.1 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 428.5 288.1 m 483.5 288.1 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 483.5 288.1 m 503.5 288.1 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 503.5 288.1 m 558.5 288.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 274.1 m 408.5 274.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 274.1 m 428.5 274.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 274.1 m 483.5 274.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 274.1 m 503.5 274.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 274.1 m 558.5 274.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 246.10000000000002 m 408.5 246.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 246.10000000000002 m 428.5 246.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 246.10000000000002 m 483.5 246.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 246.10000000000002 m 503.5 246.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 246.10000000000002 m 558.5 246.10000000000002 l s BT /F4 9.00 Tf ET q 0 0 0 rg BT 57.00 372.50 Td (\(In thousands of Canadian dollars\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 57.00 362.50 Td (\(Audited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 441.45 376.50 Td (As at December 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.95 362.50 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 534.95 362.50 Td (2015) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 513.00 348.28 Td (\(Restated\)) Tj ET Q BT /F4 8.00 Tf ET BT /F4 5.20 Tf ET q 0 0 0 rg BT 550.35 352.09 Td (\(i\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 334.50 Td (T) Tj ET Q q 0 0 0 rg BT 61.83 334.50 Td (otal assets) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 320.50 Td (Meat Products Group) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 431.00 320.50 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.95 320.50 Td (1,867,146) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.00 320.50 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 514.95 320.50 Td (1,853,146) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 306.50 Td (Agribusiness Group) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 447.45 306.50 Td (207,730) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.45 306.50 Td (188,890) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 292.50 Td (Non-allocated assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 447.45 292.50 Td (557,745) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.45 292.50 Td (577,012) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 431.00 278.50 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.95 278.50 Td (2,632,621) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.00 278.50 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 514.95 278.50 Td (2,619,048) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 264.50 Td (Goodwill) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 250.50 Td (Meat Products Group) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 431.00 250.50 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 447.45 250.50 Td (428,236) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.00 250.50 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.45 250.50 Td (428,236) Tj ET Q BT /F1 10.00 Tf ET BT /F4 8.00 Tf ET BT /F4 5.20 Tf ET q 0 0 0 rg BT 54.00 236.32 Td (\(i\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 58.62 232.50 Td ( Refer to Note 3\(v\) of the Company's 2016 audited consolidated financial statements for further information.) 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