%PDF-1.5 1 0 obj <> endobj 3 0 obj <> endobj 4 0 obj <> stream /GS0 gs q 227.00 0 0 126.00 192.50 450.00 cm /I1 Do Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 199.00 Td (Interim Report to Shareholders ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 186.20 Td (For the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 85.01 186.20 Td (Second Quarter) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 148.55 186.20 Td ( Ended ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 173.45 Td (June30, 2017) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 111.05 173.45 Td ( ) Tj ET Q endstream endobj 5 0 obj <> endobj 6 0 obj <> stream BT /F2 6.50 Tf ET q 0 0 0 rg BT 313.90 764.95 Td ( MANAGEMENT'S DISCUSSION ) Tj ET Q q 0 0 0 rg BT 412.71 764.95 Td (AND ) Tj ET Q q 0 0 0 rg BT 428.36 764.95 Td (ANAL) Tj ET Q q 0 0 0 rg BT 445.82 764.95 Td (YSIS ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 462.44 764.95 Td (| Q2 2017 | MAPLE LEAF FOODS INC. ) Tj ET Q BT /F3 18.00 Tf ET q 0 0 0 rg BT 36.00 732.55 Td (Management) Tj ET Q q 0 0 0 rg BT 144.74 732.55 Td (s Discussion and ) Tj ET Q q 0 0 0 rg BT 284.81 732.55 Td (Analysis ) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 303.90 50.20 Td (1) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 36.00 713.45 Td (All dollar amounts are presented in Canadian dollars unless otherwise noted.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 36.00 689.45 Td (July26, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 97.71 689.45 Td ( ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 666.65 Td (FINANCIAL) Tj ET Q q 0 0 0 rg BT 84.33 666.65 Td ( OVER) Tj ET Q q 0 0 0 rg BT 112.17 666.65 Td (VIEW) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 135.18 666.65 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 651.35 Td (Sales for the second quarter of 2017 were) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 203.60 651.35 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 206.10 651.35 Td ($925.9 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 261.64 651.35 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 264.14 651.35 Td (compared to) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 314.17 651.35 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 316.67 651.35 Td ($854.6 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 372.20 651.35 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 374.70 651.35 Td (last year) Tj ET Q q 0 0 0 rg BT 408.22 651.35 Td (, an increase of) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 469.75 651.35 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 472.25 651.35 Td (8.3%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 492.77 651.35 Td (, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 497.77 651.35 Td (or 5.7% after ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 640.55 Td (adjusting for the impact of foreign exchange and acquisitions.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 280.15 640.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 625.25 Td (Sales for the first six months were ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 173.55 625.25 Td ($1,737.1 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 236.59 625.25 Td ( compared to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 291.62 625.25 Td ($1,651.5 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 354.66 625.25 Td ( last year) Tj ET Q q 0 0 0 rg BT 390.67 625.25 Td (, an increase of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 454.71 625.25 Td (5.2%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 475.22 625.25 Td (, or 4.0% after adjusting ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 614.45 Td (for the impact of foreign exchange and acquisitions.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 599.15 Td (Net earnings for the) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 115.04 599.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 117.54 599.15 Td (second) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 146.57 599.15 Td ( quarter ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 180.08 599.15 Td (increased) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 219.11 599.15 Td ( to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 231.61 599.15 Td ($37.3 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 282.14 599.15 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 287.64 599.15 Td ($0.29) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 310.16 599.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 312.66 599.15 Td (per basic share\) compared to) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 429.72 599.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 432.22 599.15 Td ($31.4 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 482.75 599.15 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 488.25 599.15 Td ($0.23) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 510.77 599.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 513.27 599.15 Td (per basic ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 588.35 Td (share\) last year) Tj ET Q q 0 0 0 rg BT 97.53 588.35 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 102.53 588.35 Td (Performance was strong in fresh value-added pork due to improved commercial mix and favourable market conditions, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 577.55 Td (partially of) Tj ET Q q 0 0 0 rg BT 76.86 577.55 Td (fset by margin compression in prepared meats due to rising raw material costs. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 393.33 577.55 Td (The Company also experienced some non-) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 566.75 Td (routine operational costs in the period. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 191.10 566.75 Td (For the first six months, net earnings were ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 361.16 566.75 Td ($67.4 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 411.69 566.75 Td ( \($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 422.20 566.75 Td (0.52) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 439.71 566.75 Td ( per basic share\) compared to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 555.95 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 41.01 555.95 Td (73.7 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 86.53 555.95 Td ( \($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 97.03 555.95 Td (0.55) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 114.55 555.95 Td ( per basic share\) last year) Tj ET Q q 0 0 0 rg BT 217.60 555.95 Td (.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 220.10 555.95 Td ( ) Tj ET Q q 0 0 0 rg BT 222.43 555.95 Td (Y) Tj ET Q q 0 0 0 rg BT 227.61 555.95 Td (ear to date results were impacted by the change in fair value of biological assets and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 545.15 Td (higher restructuring costs, which are excluded in calculating ) Tj ET Q q 0 0 0 rg BT 275.63 545.15 Td (Adjusted Operating Earnings) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 390.70 549.44 Td (\(i\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 395.89 545.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 398.39 545.15 Td (below) Tj ET Q q 0 0 0 rg BT 421.41 545.15 Td (.) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 423.91 549.44 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 425.54 545.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 529.85 Td (Adjusted Operating Earnings) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 151.07 534.14 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 152.70 529.85 Td (for the second quarter were) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 262.76 529.85 Td ( $) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 270.26 529.85 Td (75.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 315.79 529.85 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 318.29 529.85 Td (compared to) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 368.31 529.85 Td ( $) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 375.82 529.85 Td (60.5 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 421.34 529.85 Td ( last year) Tj ET Q q 0 0 0 rg BT 457.36 529.85 Td (, and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 479.38 529.85 Td (Adjusted Earnings per ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 519.05 Td (Share) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 60.02 523.34 Td (\(ii\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 66.51 519.05 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.01 519.05 Td (increased) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 108.03 519.05 Td ( to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 120.54 519.05 Td ($0.41) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 143.06 519.05 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 145.56 519.05 Td (from) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 163.56 519.05 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 166.06 519.05 Td ($0.32) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 188.59 519.05 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 191.09 519.05 Td (last year) Tj ET Q q 0 0 0 rg BT 224.60 519.05 Td (.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 227.10 519.05 Td ( For the first six months, ) Tj ET Q q 0 0 0 rg BT 325.13 519.05 Td (Adjusted Operating Earnings ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 442.70 519.05 Td (increased) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 481.73 519.05 Td ( to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 494.23 519.05 Td ($134.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 549.77 519.05 Td ( from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 508.25 Td ($1) Tj ET Q q 0 0 0 rg BT 45.34 508.25 Td (14.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 90.87 508.25 Td (, and ) Tj ET Q q 0 0 0 rg BT 112.89 508.25 Td (Adjusted Earnings per Share ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 230.46 508.25 Td (increased) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 269.48 508.25 Td ( to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 281.99 508.25 Td ($0.74) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 304.51 508.25 Td ( from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 327.51 508.25 Td ($0.60) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 350.03 508.25 Td ( last year) Tj ET Q q 0 0 0 rg BT 386.05 508.25 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 492.95 Td (Adjusted EBITDA) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 106.03 497.24 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 107.66 492.95 Td (Margin) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 135.17 497.24 Td (\(iii\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 142.96 492.95 Td ( for the second quarter was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 257.02 492.95 Td (1) Tj ET Q q 0 0 0 rg BT 261.36 492.95 Td (1.2%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 281.87 492.95 Td ( compared to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 336.90 492.95 Td (10.3%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 362.42 492.95 Td ( last year) Tj ET Q q 0 0 0 rg BT 398.44 492.95 Td (. For the first six months, ) Tj ET Q q 0 0 0 rg BT 498.96 492.95 Td (Adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 568.50 492.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 482.15 Td (Margin increased to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 117.54 482.15 Td (1) Tj ET Q q 0 0 0 rg BT 121.88 482.15 Td (1.0%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 142.39 482.15 Td ( from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 165.39 482.15 Td (10.3%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 190.91 482.15 Td (.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 466.85 Td (Several items are excluded from the discussions of underlying earnings performance as they are not representative of ongoing ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 456.05 Td (operational activities. Refer to the section entitled Non-IFRS Financial Measures of this Management Discussion and ) Tj ET Q q 0 0 0 rg BT 502.23 456.05 Td (Analysis on page ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 445.25 Td (8 for a description and reconciliation of all non-IFRS financial measures. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 325.15 445.25 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 36.00 429.95 Td (Notes: ) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 36.00 418.94 Td (\(i\) ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 414.65 Td (Adjusted Operating Earnings, a non-IFRS measure, is used by Management to evaluate financial operating results. It is defined as ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 403.85 Td (earnings adjusted for items that are not considered representative of ongoing operational activities of the business, and items ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 393.05 Td (where the economic impact of the transactions will be reflected in earnings in future periods when the underlying asset is sold or ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 382.25 Td (transferred. Please refer to the section entitled Non-IFRS Financial Measures starting on page 8 of this document. ) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 36.00 371.24 Td (\(ii\) ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 366.95 Td (Adjusted Earnings per Share, a non-IFRS measure, is used by Management to evaluate financial operating results. It is defined as ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 356.15 Td (basic earnings per share and is adjusted on the same basis as ) Tj ET Q q 0 0 0 rg BT 305.31 356.15 Td (Adjusted Operating Earnings. Please refer to the section entitled ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 345.35 Td (Non-IFRS Financial Measures starting on page 8 of t) Tj ET Q BT /F4 9.00 Tf ET 1 1 1 rg /GS0 gs 264.10 351.90 56.03 -8.42 re f /GS0 gs q 0 0 0 rg BT 264.10 345.35 Td (his document.) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 320.13 345.35 Td ( ) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 36.00 334.34 Td (\(iii\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 43.79 330.05 Td ( ) Tj ET Q q 0 0 0 rg BT 53.46 330.05 Td (Adjusted EBITDA, a non-IFRS measure, is calculated as earnings before interest and income taxes plus depreciation and ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 319.25 Td (intangible asset amortization, 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 54.00 308.45 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 54.00 297.65 Td (underlying asset is sold or transferred. ) Tj ET Q q 0 0 0 rg BT 208.74 297.65 Td (Adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 278.44 297.65 Td ( Margin is calculated as ) Tj ET Q q 0 0 0 rg BT 374.65 297.65 Td (Adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 444.34 297.65 Td ( divided by sales. Please refer to ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 286.85 Td (the section entitled Non-IFRS Financial Measures starting on page 8 of t) Tj ET Q BT /F4 9.00 Tf ET 1 1 1 rg /GS0 gs 341.65 293.40 56.03 -8.42 re f /GS0 gs q 0 0 0 rg BT 341.65 286.85 Td (his document.) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 397.68 286.85 Td ( ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 264.05 Td (OPERA) Tj ET Q q 0 0 0 rg BT 67.34 264.05 Td (TING REVIEW ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 248.75 Td (Following the sale of Canada Bread Company) Tj ET Q q 0 0 0 rg BT 218.94 248.75 Td (, Limited, the Company undertook significant reorganization of the internal leadership and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 237.95 Td (reporting structure, as previously disclosed. ) Tj ET Q q 0 0 0 rg BT 211.42 237.95 Td (The reorganization is now largely complete and the Company is arranged as a single, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 227.15 Td (focused protein company) Tj ET Q q 0 0 0 rg BT 135.89 227.15 Td (. ) Tj ET Q q 0 0 0 rg BT 140.40 227.15 Td (As such, the Company has transitioned to a single operating and reporting segment.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 475.60 227.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 211.85 Td (The following table summarizes the Company's total sales and ) Tj ET Q q 0 0 0 rg BT 286.84 211.85 Td (Adjusted Operating Earnings for the quarter) Tj ET Q q 0 0 0 rg BT 460.45 211.85 Td (. ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 187.35000000000002 m 447.5 187.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 173.35000000000002 m 270.5 173.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270.5 187.35000000000002 m 291.5 187.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270.5 173.35000000000002 m 291.5 173.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 187.35000000000002 m 346.5 187.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 173.35000000000002 m 346.5 173.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 187.35000000000002 m 367.5 187.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 173.35000000000002 m 367.5 173.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.5 187.35000000000002 m 422.5 187.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.5 173.35000000000002 m 422.5 173.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 187.35000000000002 m 426.5 187.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 173.35000000000002 m 426.5 173.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 187.35000000000002 m 447.5 187.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 173.35000000000002 m 447.5 173.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 187.35000000000002 m 502.5 187.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 173.35000000000002 m 502.5 173.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 187.35000000000002 m 523.5 187.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 173.35000000000002 m 523.5 173.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 523.5 187.35000000000002 m 578.5 187.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 523.5 173.35000000000002 m 578.5 173.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 173.35000000000002 m 502.5 173.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 159.35000000000002 m 502.5 159.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 523.5 173.35000000000002 m 578.5 173.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 523.5 159.35000000000002 m 578.5 159.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 159.35000000000002 m 270.5 159.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 145.35000000000002 m 270.5 145.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270.5 159.35000000000002 m 291.5 159.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270.5 145.35000000000002 m 291.5 145.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 159.35000000000002 m 346.5 159.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 145.35000000000002 m 346.5 145.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 159.35000000000002 m 367.5 159.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 145.35000000000002 m 367.5 145.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.5 159.35000000000002 m 422.5 159.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.5 145.35000000000002 m 422.5 145.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 159.35000000000002 m 426.5 159.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 145.35000000000002 m 426.5 145.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 159.35000000000002 m 447.5 159.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 145.35000000000002 m 447.5 145.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 159.35000000000002 m 502.5 159.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 145.35000000000002 m 502.5 145.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 159.35000000000002 m 523.5 159.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 145.35000000000002 m 523.5 145.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 523.5 159.35000000000002 m 578.5 159.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 523.5 145.35000000000002 m 578.5 145.35000000000002 l s BT /F4 9.00 Tf ET q 0 0 0 rg BT 39.00 186.75 Td (\($ thousands\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 39.00 177.75 Td (\(Unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 282.45 191.75 Td (Three months ended June 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 443.95 191.75 Td (Six months ended June 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.95 177.75 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 398.95 177.75 Td (2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 478.95 177.75 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 554.95 177.75 Td (2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 164.05 Td (Total Sales) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.00 164.05 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 310.45 164.05 Td (925,873) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 370.00 164.05 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 386.45 164.05 Td (854,646) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.00 164.05 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.95 164.05 Td (1,737,058) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 526.00 164.05 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 534.95 164.05 Td (1,651,535) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 150.05 Td (Adjusted Operating Earnings) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.00 149.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 315.45 149.75 Td (75,006) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 370.00 149.75 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 391.45 149.75 Td (60,466) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.00 149.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 466.45 149.75 Td (134,036) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 526.00 149.75 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 542.45 149.75 Td (114,048) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 7 0 obj <> endobj 8 0 obj <> stream BT /F2 6.50 Tf ET q 0 0 0 rg BT 299.90 764.95 Td ( MANAGEMENT'S DISCUSSION ) Tj ET Q q 0 0 0 rg BT 398.71 764.95 Td (AND ) Tj ET Q q 0 0 0 rg BT 414.36 764.95 Td (ANAL) Tj ET Q q 0 0 0 rg BT 431.82 764.95 Td (YSIS ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 448.44 764.95 Td (| Q2 2017 | MAPLE LEAF FOODS INC. ) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 303.90 50.20 Td (2) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 713.45 Td (SALES ) Tj ET Q q 0 0 0 rg BT 68.17 713.45 Td (AND ) Tj ET Q q 0 0 0 rg BT 89.84 713.45 Td (ADJUSTED OPERA) Tj ET Q q 0 0 0 rg BT 172.18 713.45 Td (TING EARNINGS) Tj ET Q BT /F2 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 698.15 Td (Sales for the second quarter) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 149.07 698.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.57 698.15 Td (increased) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 190.59 698.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 193.09 698.15 Td (8.3%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 213.60 698.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 216.11 698.15 Td (to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 226.11 698.15 Td ($925.9 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 281.65 698.15 Td ( or 5.7% after adjusting for the impact of foreign exchange and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 687.35 Td (acquisitions. Increased volumes in prepared meats, value-added fresh pork, and poultry coupled with a full quarter of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 502.76 687.35 Td (Lightlife Foods ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 676.55 Td (Holdings, Inc. \("Lightlife"\) ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 138.93 676.55 Td (sales contributed to the increase. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 276.01 676.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 661.25 Td (Sales for the first six months) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 149.04 661.25 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.54 661.25 Td (increased) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 190.56 661.25 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 193.06 661.25 Td (5.2%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 213.58 661.25 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 216.08 661.25 Td (to) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 223.58 661.25 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 226.09 661.25 Td ($1,737.1 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 289.13 661.25 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 291.63 661.25 Td (or 4.0% after adjusting for the impact of foreign exchange and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 650.45 Td (acquisitions.) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 635.15 Td (Adjusted Operating Earnings) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.07 635.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 153.57 635.15 Td (increased) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 192.59 635.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 195.10 635.15 Td (to) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 202.60 635.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 205.10 635.15 Td ($75.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 255.63 635.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 258.13 635.15 Td (compared to) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 308.16 635.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 310.66 635.15 Td ($60.5 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 361.19 635.15 Td ( last year) Tj ET Q q 0 0 0 rg BT 397.20 635.15 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 402.21 635.15 Td (Commercial performance in value-added ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 624.35 Td (fresh pork, strong volume growth across the portfolio and favourable market conditions contributed to earnings growth in the quarter) Tj ET Q q 0 0 0 rg BT 559.29 624.35 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 613.55 Td (Results were partially of) Tj ET Q q 0 0 0 rg BT 131.37 613.55 Td (fset by higher raw material costs that led to margin compression in the prepared meats portfolio and some non-) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 602.75 Td (routine operational costs in the quarter) Tj ET Q q 0 0 0 rg BT 189.10 602.75 Td (.) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 587.45 Td (Adjusted Operating Earnings in the first six months) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 238.10 587.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 240.60 587.45 Td (was) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 256.61 587.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 259.11 587.45 Td ($134.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 314.64 587.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 317.14 587.45 Td (compared to) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 367.17 587.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 369.67 587.45 Td ($1) Tj ET Q q 0 0 0 rg BT 379.01 587.45 Td (14.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 424.53 587.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 427.03 587.45 Td (last year) Tj ET Q q 0 0 0 rg BT 460.55 587.45 Td (.) Tj ET Q BT /F3 9.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 564.65 Td (GROSS MARGIN) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 549.35 Td (Gross margin in the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 117.03 549.35 Td (second) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 146.05 549.35 Td ( quarter was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 198.07 549.35 Td ($147.7 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 253.61 549.35 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 259.11 549.35 Td (16.0%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 284.63 549.35 Td ( of sales\) compared to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 376.17 549.35 Td ($126.9 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 431.70 549.35 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 437.20 549.35 Td (14.8%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 462.72 549.35 Td ( of sales\) last year) Tj ET Q q 0 0 0 rg BT 535.25 549.35 Td (. Gross ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 538.55 Td (margin ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 66.01 538.55 Td (increased) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 105.03 538.55 Td ( in line with underlying business performance driven by improved sales and volumes in the current year) Tj ET Q q 0 0 0 rg BT 514.74 538.55 Td (, which were ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 527.75 Td (of) Tj ET Q q 0 0 0 rg BT 43.34 527.75 Td (fset by changes in fair value of biological assets and derivatives. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 512.45 Td (For the first six months, gross margin was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 205.05 512.45 Td ($281.4 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 260.58 512.45 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 266.08 512.45 Td (16.2%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 291.60 512.45 Td ( of sales\) compared to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 383.14 512.45 Td ($265.1 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.68 512.45 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 444.17 512.45 Td (16.1%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 469.69 512.45 Td ( of sales\) last year) Tj ET Q q 0 0 0 rg BT 542.22 512.45 Td (. ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 489.65 Td (SELLING, GENERAL) Tj ET Q q 0 0 0 rg BT 123.84 489.65 Td ( ) Tj ET Q q 0 0 0 rg BT 126.01 489.65 Td (AND ) Tj ET Q q 0 0 0 rg BT 147.67 489.65 Td (ADMINISTRA) Tj ET Q q 0 0 0 rg BT 203.50 489.65 Td (TIVE EXPENSE) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 474.35 Td (Selling, general and administrative expenses for the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 245.12 474.35 Td (second) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 274.14 474.35 Td ( quarter were ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 329.67 474.35 Td ($88.8 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 380.20 474.35 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 385.69 474.35 Td (9.6%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 406.21 474.35 Td ( of sales\), compared to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 500.25 474.35 Td ($79.5 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.78 474.35 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 463.55 Td (\() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 463.55 Td (9.3%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 59.51 463.55 Td ( of sales\) last year) Tj ET Q q 0 0 0 rg BT 132.04 463.55 Td (. Excluding the impact of Lightlife, selling, general and administrative expenses as a percentage of sales were ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 452.75 Td (consistent with the second quarter of last year) Tj ET Q q 0 0 0 rg BT 218.60 452.75 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 437.45 Td (For the first six months of 2017, selling, general and administrative expenses increased by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 397.69 437.45 Td (8.4%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 418.20 437.45 Td ( to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 430.71 437.45 Td ($169.9 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 486.24 437.45 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 491.74 437.45 Td (9.8%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 512.25 437.45 Td ( of sales\), ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 426.65 Td (compared to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 88.53 426.65 Td ($156.7 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 144.06 426.65 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 149.56 426.65 Td (9.5%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 170.07 426.65 Td ( of sales\) last year) Tj ET Q q 0 0 0 rg BT 242.60 426.65 Td (. ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 403.85 Td (OTHER INCOME \(EXPENSE\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 388.55 Td (Other ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 61.01 388.55 Td (expense) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 95.04 388.55 Td ( for the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 125.55 388.55 Td (second) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 154.57 388.55 Td ( quarter was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 206.60 388.55 Td ($1.1 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 252.12 388.55 Td ( compared to an ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 319.66 388.55 Td (expense) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 353.69 388.55 Td ( of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 366.19 388.55 Td ($2.6 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 411.71 388.55 Td ( last year) Tj ET Q q 0 0 0 rg BT 447.73 388.55 Td (. ) Tj ET Q q 0 0 0 rg BT 452.57 388.55 Td (The decrease is primarily due ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 377.75 Td (to the gain on sale of investment property that occurred in the second quarter of 2017. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 362.45 Td (For the first six months of 2017, other ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 187.57 362.45 Td (expense) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 221.59 362.45 Td ( was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 242.60 362.45 Td ($3.8 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 288.12 362.45 Td ( compared to an ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 355.66 362.45 Td (expense) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 389.69 362.45 Td ( of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 402.20 362.45 Td ($3.2 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 447.72 362.45 Td ( last year) Tj ET Q q 0 0 0 rg BT 483.74 362.45 Td (. ) Tj ET Q q 0 0 0 rg BT 488.58 362.45 Td (The increase was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 351.65 Td (primarily due to transaction costs related to the acquisition of Lightlife \("acquisition"\), partially of) Tj ET Q q 0 0 0 rg BT 414.41 351.65 Td (fset by the gain on sale of investment ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 340.85 Td (properties and a prior period impairment loss. Refer to Note 17 of the unaudited condensed consolidated interim financial statements ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 330.05 Td (\(or "consolidated financial statements"\) for information on the acquisition.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 314.75 Td (Certain items in other income \(expense\) are excluded from the calculation of ) Tj ET Q q 0 0 0 rg BT 342.15 314.75 Td (Adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 411.69 314.75 Td ( and ) Tj ET Q q 0 0 0 rg BT 431.21 314.75 Td (Adjusted Earnings per Share as ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 303.95 Td (they are not considered representative of ongoing operational activities of the business. Other income \(expense\) used in the calculation ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 293.15 Td (of ) Tj ET Q q 0 0 0 rg BT 45.51 293.15 Td (Adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 115.04 293.15 Td ( and ) Tj ET Q q 0 0 0 rg BT 134.56 293.15 Td (Adjusted Earnings per Share for the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 280.15 293.15 Td (second) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 309.17 293.15 Td ( quarter is an ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 364.20 293.15 Td (expense) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 398.23 293.15 Td ( of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 410.73 293.15 Td ($0.8 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 456.26 293.15 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 461.76 293.15 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 481.78 293.15 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 486.78 293.15 Td (expense) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 520.80 293.15 Td ( of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 533.31 293.15 Td ($0.2 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 282.35 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 61.51 282.35 Td (\) and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 84.52 282.35 Td (income) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 113.53 282.35 Td ( of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 126.04 282.35 Td ($0.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 171.56 282.35 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 177.06 282.35 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 197.08 282.35 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 202.08 282.35 Td (expense) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 236.11 282.35 Td ( of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 248.62 282.35 Td ($0.4 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 294.14 282.35 Td (\) for the first six months. ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 259.55 Td (RESTRUCTURING ) Tj ET Q q 0 0 0 rg BT 116.17 259.55 Td (AND OTHER RELA) Tj ET Q q 0 0 0 rg BT 196.00 259.55 Td (TED COSTS) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 244.25 Td (During the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 80.02 244.25 Td (three months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 160.08 244.25 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 162.58 244.25 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 219.63 244.25 Td (, the Company recorded restructuring and other related costs of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 475.26 244.25 Td ($5.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 520.79 244.25 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 526.28 244.25 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 546.31 244.25 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 551.31 244.25 Td ($0.6 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 233.45 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 61.51 233.45 Td (\).) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 67.00 233.45 Td ( Of this amount, $4.8 million related to accelerated depreciation and severance and other employee costs as a result of the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 222.65 Td (announced closure of the ) Tj ET Q q 0 0 0 rg BT 139.41 222.65 Td (Thamesford turkey processing plant. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 287.32 222.65 Td (The remaining $0.2 million related to ongoing management and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 211.85 Td (organizational restructuring initiatives. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 189.07 211.85 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 196.55 Td (During the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 80.02 196.55 Td (six months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 150.57 196.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 153.07 196.55 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 210.12 196.55 Td (, the Company recorded restructuring and the other related costs of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 480.76 196.55 Td ($1) Tj ET Q q 0 0 0 rg BT 490.10 196.55 Td (1.5 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 530.62 196.55 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 536.12 196.55 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 556.14 196.55 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 185.75 Td ($1.8 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 81.52 185.75 Td (\). ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 89.52 185.75 Td (Of this amount, $9.0 million related to accelerated depreciation and severance and other employee costs as a result of the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 174.95 Td (announced closure of the ) Tj ET Q q 0 0 0 rg BT 139.41 174.95 Td (Thamesford turkey processing plant. In addition, $1.9 million related to adjustments to share-based ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 164.15 Td (compensation for terminated employees pertaining to changes to the Company's management structure associated with previously ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 153.35 Td (divested businesses. ) Tj ET Q q 0 0 0 rg BT 121.89 153.35 Td (The remaining $0.6 million related to ongoing management and organizational restructuring initiatives. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 530.12 153.35 Td ( ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 130.55 Td (INCOME T) Tj ET Q q 0 0 0 rg BT 79.33 130.55 Td (AXES) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 115.25 Td (The Company) Tj ET Q q 0 0 0 rg BT 94.36 115.25 Td (s income tax expense for the second quarter resulted in an ef) Tj ET Q q 0 0 0 rg BT 338.34 115.25 Td (fective tax rate of 27.4% \(2016: 27.1%\). ) Tj ET Q q 0 0 0 rg BT 498.77 115.25 Td (The higher ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 104.45 Td (ef) Tj ET Q q 0 0 0 rg BT 43.34 104.45 Td (fective tax rate in 2017 primarily resulted from non-deductible acquisition-related transaction costs. For 2017, the ef) Tj ET Q q 0 0 0 rg BT 500.92 104.45 Td (fective tax ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 93.65 Td (recovery rate on restructuring charges used in the computation of ) Tj ET Q q 0 0 0 rg BT 298.14 93.65 Td (Adjusted Earnings per Share is 26.1% \(2016: 26.1%\). ) Tj ET Q q 0 0 0 rg BT 514.11 93.65 Td (The ef) Tj ET Q q 0 0 0 rg BT 539.46 93.65 Td (fective ) Tj ET Q endstream endobj 9 0 obj <> endobj 10 0 obj <> stream BT /F2 6.50 Tf ET q 0 0 0 rg BT 299.90 764.95 Td ( MANAGEMENT'S DISCUSSION ) Tj ET Q q 0 0 0 rg BT 398.71 764.95 Td (AND ) Tj ET Q q 0 0 0 rg BT 414.36 764.95 Td (ANAL) Tj ET Q q 0 0 0 rg BT 431.82 764.95 Td (YSIS ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 448.44 764.95 Td (| Q2 2017 | MAPLE LEAF FOODS INC. ) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 303.90 50.20 Td (3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 713.45 Td (tax recovery rate on items not considered representative ofongoing operations in 2017 is 25.2% \(2016 25.4%\).) Tj ET Q q 0 0 0 rg BT 482.60 713.45 Td (The ef) Tj ET Q q 0 0 0 rg BT 507.96 713.45 Td (fective tax rate in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 702.65 Td (2017 in determining ) Tj ET Q q 0 0 0 rg BT 117.06 702.65 Td (Adjusted Earnings per Share is 26.8% \(2016: 26.6%\).) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 687.35 Td (The Company) Tj ET Q q 0 0 0 rg BT 94.36 687.35 Td (s income tax expense for the six months resulted in an ef) Tj ET Q q 0 0 0 rg BT 321.32 687.35 Td (fective tax rate of 27.9% \(2016: 27.1%\). ) Tj ET Q q 0 0 0 rg BT 481.75 687.35 Td (The higher ef) Tj ET Q q 0 0 0 rg BT 534.62 687.35 Td (fective tax ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 676.55 Td (rate in 2017 primarily resulted from non-deductible acquisition-related transaction costs. For 2017, the ef) Tj ET Q q 0 0 0 rg BT 450.55 676.55 Td (fective tax recovery rate on ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 665.75 Td (restructuring charges used in the computation of ) Tj ET Q q 0 0 0 rg BT 230.61 665.75 Td (Adjusted Earnings per Share is 26.1% \(2016: 26.1 %\). ) Tj ET Q q 0 0 0 rg BT 449.08 665.75 Td (The ef) Tj ET Q q 0 0 0 rg BT 474.43 665.75 Td (fective tax recovery rate ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 654.95 Td (on items not considered representative of ongoing operations in 2017 is 23.9% \(2016 24.7%\). ) Tj ET Q q 0 0 0 rg BT 410.58 654.95 Td (The lower ef) Tj ET Q q 0 0 0 rg BT 459.94 654.95 Td (fective rate of recovery in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 644.15 Td (2017 primarily resulted from non-deductible acquisition-related transaction costs. ) Tj ET Q q 0 0 0 rg BT 359.50 644.15 Td (The ef) Tj ET Q q 0 0 0 rg BT 384.85 644.15 Td (fective tax rate in 2017 in determining ) Tj ET Q q 0 0 0 rg BT 536.44 644.15 Td (Adjusted ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 633.35 Td (Earnings per Share is 26.9% \(2016: 26.9%\).) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 610.55 Td (ACQUISITIONS ) Tj ET Q q 0 0 0 rg BT 103.17 610.55 Td (AND DIVESTITURES) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 595.25 Td (On May 1, 2017, the Company acquired specific assets, liabilities and assembled workforce from a privately-held hog production ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 584.45 Td (operation for total consideration of $10.3 million. ) Tj ET Q q 0 0 0 rg BT 229.95 584.45 Td (The acquisition has been accounted for as a business combination and no goodwill ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 573.65 Td (was recognized. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 103.54 573.65 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 554.85 Td (On March 10, 2017, the Company acquired 100% of the outstanding shares of Lightlife, a privately held U.S. based corporation ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 544.05 Td (engaged in the production and distribution of refrigerated plant protein products.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 525.25 Td (Recognized goodwill is attributable to the skills, talent and artisanal expertise of Lightlife) Tj ET Q q 0 0 0 rg BT 387.04 525.25 Td (s work force and the Company) Tj ET Q q 0 0 0 rg BT 510.93 525.25 Td (s leadership ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 514.45 Td (position in the fast growing alternative protein market. ) Tj ET Q q 0 0 0 rg BT 251.45 514.45 Td (The amount of goodwill expected to be deductible for tax purposes is $6.1 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 503.65 Td (million. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 66.51 503.65 Td (Lightlife has a leading market share, and will provide the Company with a strong foothold in this expanding category) Tj ET Q q 0 0 0 rg BT 526.11 503.65 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 483.65 Td (During the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 80.02 483.65 Td (three months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 160.08 483.65 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 162.58 483.65 Td (June30, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.63 483.65 Td (, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 224.63 483.65 Td (the Company recorded transaction costs of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 398.72 483.65 Td ($0.7 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 444.24 483.65 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 446.74 483.65 Td (that have been excluded ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 472.85 Td (from the consideration paid and have been recognized as an expense in other income \(expense\). ) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 452.85 Td (During the) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.52 452.85 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 80.02 452.85 Td (six months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 150.56 452.85 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 153.07 452.85 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 210.12 452.85 Td (, the Company recorded transaction costs of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 389.21 452.85 Td ($5.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 434.73 452.85 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 437.23 452.85 Td (that have been excluded from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 442.05 Td (the consideration paid and have been recognized as an expense in other income \(expense\). ) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 423.25 Td (The Company has not yet finalized the amounts recorded in the business combination.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 380.70 423.25 Td ( Refer to Note 17 of the consolidated ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 412.45 Td (financial statements. ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 389.15 Td (CAPIT) Tj ET Q q 0 0 0 rg BT 62.33 389.15 Td (AL) Tj ET Q q 0 0 0 rg BT 74.17 389.15 Td ( RESOURCES) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 373.85 Td (The consumer packaged meats industry in which the Company operates is generally characterized by high sales volume and high ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 363.05 Td (turnover of inventories and accounts receivable. In general, accounts receivable and inventories are readily convertible into cash. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 352.25 Td (Investment in working capital is af) Tj ET Q q 0 0 0 rg BT 170.40 352.25 Td (fected by fluctuations in the price of raw materials, seasonal and other market-related fluctuations. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 341.45 Td (The Company has consistently generated a strong base level of operating cash flow) Tj ET Q q 0 0 0 rg BT 369.70 341.45 Td (, even in periods of higher commodity prices and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 330.65 Td (restructuring of its operations. ) Tj ET Q q 0 0 0 rg BT 156.89 330.65 Td (These operating cash flows provide a base of underlying liquidity that the Company supplements with ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 319.85 Td (credit facilities and cash on hand to provide longer-term funding and to finance fluctuations in working capital levels. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 304.55 Td (On June 24, 2016, the Company entered into a three-year $400.0 million committed revolving credit facility with a syndicate of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 293.75 Td (Canadian, U.S. and international financial institutions. ) Tj ET Q q 0 0 0 rg BT 251.47 293.75 Td (This unsecured facility can be drawn in Canadian or U.S. dollars and bears ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 282.95 Td (interest payable monthly) Tj ET Q q 0 0 0 rg BT 132.89 282.95 Td (, based on Banker's ) Tj ET Q q 0 0 0 rg BT 214.16 282.95 Td (Acceptance and Prime rates for Canadian dollar loans and LIBOR for U.S. dollar loans. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 272.15 Td (The facility is intended to meet the Company's funding requirements for general purposes, and to provide appropriate levels of liquidity) Tj ET Q q 0 0 0 rg BT 569.35 272.15 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 261.35 Td (As at) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 56.51 261.35 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 59.01 261.35 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 116.06 261.35 Td (,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 118.56 261.35 Td ( the Company had drawn letters of credit of $6.3 million on this facility \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 400.69 261.35 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 420.71 261.35 Td (: $68.8 million\).) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 481.74 261.35 Td ( Drawn letters of credit ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 249.35 Td (decreased following the combination of the assets of several of the Company's pension plans, and the subsequen) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.50 249.35 Td (t ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 493.78 249.35 Td (closure of the letter ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 238.55 Td (of credit that supported the asset transition.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 223.25 Td (This revolving term facility requires the maintenance of certain covenants. ) Tj ET Q q 0 0 0 rg BT 331.14 223.25 Td (As at ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 354.15 223.25 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 411.20 223.25 Td (, the Company was in compliance with all ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 212.45 Td (of these covenants.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 197.15 Td (The Company has an additional uncommitted credit facility for issuing up to a maximum of $120.0 million letters of credit. ) Tj ET Q q 0 0 0 rg BT 518.23 197.15 Td (As at) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 538.74 197.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 541.24 197.15 Td (June30, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 186.35 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 56.02 186.35 Td (,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 58.52 186.35 Td ( $66.8 million of letters of credit had been issued thereon ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 287.16 186.35 Td (\() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 290.16 186.35 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 310.18 186.35 Td (: $85.5 million\). One letter of credit has been collateralized with ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 175.55 Td (cash, as further described in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.56 175.55 Td (Note 3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 178.08 175.55 Td ( of the consolidated financial statements. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 160.25 Td (The Company's cash balance as at ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 178.80 160.25 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 235.85 160.25 Td ( is ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 247.35 160.25 Td ($104.8 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 302.88 160.25 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 308.38 160.25 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 328.40 160.25 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 333.40 160.25 Td ($312.8 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 388.93 160.25 Td (\). ) Tj ET Q q 0 0 0 rg BT 396.77 160.25 Td (The Company has invested in short-term ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 149.45 Td (deposits with Canadian financial institutions having long-term debt ratings of ) Tj ET Q q 0 0 0 rg BT 340.68 149.45 Td (A) Tj ET Q q 0 0 0 rg BT 346.18 149.45 Td ( or higher) Tj ET Q q 0 0 0 rg BT 383.71 149.45 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 134.15 Td (The Company operates an accounts receivable securitization facility) Tj ET Q q 0 0 0 rg BT 306.47 134.15 Td (. ) Tj ET Q q 0 0 0 rg BT 311.31 134.15 Td (The maximum cash advance available to the Company under this ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 123.35 Td (program is $1) Tj ET Q q 0 0 0 rg BT 90.36 123.35 Td (10.0 million. ) Tj ET Q q 0 0 0 rg BT 140.72 123.35 Td (The facility provides cash funding with a proportion of the Company's receivables being sold, and provides ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 112.55 Td (the Company with competitively priced financing and further diversifies its funding sources. Under the facility) Tj ET Q q 0 0 0 rg BT 465.54 112.55 Td (, the Company has sold ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 101.75 Td (certain accounts receivable, with very limited recourse, to a third party trust that is funded by an international financial institution with a ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 90.95 Td (long-term ) Tj ET Q q 0 0 0 rg BT 76.02 90.95 Td (AA- debt rating. ) Tj ET Q q 0 0 0 rg BT 140.89 90.95 Td (The receivables are sold at a discount to face value based on prevailing money market rates. ) Tj ET Q endstream endobj 11 0 obj <> endobj 12 0 obj <> stream BT /F2 6.50 Tf ET q 0 0 0 rg BT 299.90 764.95 Td ( MANAGEMENT'S DISCUSSION ) Tj ET Q q 0 0 0 rg BT 398.71 764.95 Td (AND ) Tj ET Q q 0 0 0 rg BT 414.36 764.95 Td (ANAL) Tj ET Q q 0 0 0 rg BT 431.82 764.95 Td (YSIS ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 448.44 764.95 Td (| Q2 2017 | MAPLE LEAF FOODS INC. ) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 303.90 50.20 Td (4) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 713.45 Td (As at ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 59.01 713.45 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 116.06 713.45 Td (, the Company had ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 194.61 713.45 Td ($152.4 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 250.14 713.45 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 255.64 713.45 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 275.66 713.45 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 280.66 713.45 Td ($214.5 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 336.19 713.45 Td (\) of trade accounts receivable serviced under this facility) Tj ET Q q 0 0 0 rg BT 559.13 713.45 Td (. In ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 702.65 Td (return for the sale of these receivables, the Company will receive cash of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 328.14 702.65 Td ($1) Tj ET Q q 0 0 0 rg BT 337.49 702.65 Td (10.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 383.01 702.65 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 388.51 702.65 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 408.53 702.65 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 413.53 702.65 Td ($1) Tj ET Q q 0 0 0 rg BT 422.87 702.65 Td (1) Tj ET Q q 0 0 0 rg BT 427.21 702.65 Td (1.4 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 467.73 702.65 Td (\) and notes receivable in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 691.85 Td (the amount of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 93.54 691.85 Td ($42.4 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 144.07 691.85 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 149.56 691.85 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 169.58 691.85 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 174.59 691.85 Td ($103.1 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 230.12 691.85 Td (\). Due to the timing of receipts and disbursements, the Company may) Tj ET Q q 0 0 0 rg BT 506.08 691.85 Td (, from time to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 681.05 Td (time, record a receivable or payable related to the securitization facility) Tj ET Q q 0 0 0 rg BT 315.97 681.05 Td (, and as at ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 360.50 681.05 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 417.55 681.05 Td (, this net ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 454.07 681.05 Td (receivable) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 495.09 681.05 Td ( amounted to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.13 681.05 Td ($7.6 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 670.25 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 61.51 670.25 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 67.00 670.25 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 87.02 670.25 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 92.03 670.25 Td ($10.6 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 142.55 670.25 Td ( net ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 160.07 670.25 Td (receivable) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 201.09 670.25 Td (\). ) Tj ET Q q 0 0 0 rg BT 208.92 670.25 Td (The facility is accounted for as an of) Tj ET Q q 0 0 0 rg BT 352.34 670.25 Td (f-balance sheet transaction in accordance with ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 659.45 Td (International Financial Reporting Standards \(IFRS\) and will expire in ) Tj ET Q q 0 0 0 rg BT 315.13 659.45 Td (August 2019.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 644.15 Td (The Company's securitization and other credit facilities are subject to certain restrictions, including the maintenance of covenants. ) Tj ET Q q 0 0 0 rg BT 553.32 644.15 Td (The ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 633.35 Td (Company was in compliance with all of the requirements of these facilities as at ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 354.15 633.35 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 411.20 633.35 Td (. If the securitization facility was to be ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 622.55 Td (terminated, the Company would recognize the related amounts on the consolidated balance sheet and consider alternative financing if ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 611.75 Td (required.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 588.95 Td (CAPIT) Tj ET Q q 0 0 0 rg BT 62.33 588.95 Td (AL) Tj ET Q q 0 0 0 rg BT 74.17 588.95 Td ( EXPENDITURES) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 573.65 Td (Capital expenditures for the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 148.57 573.65 Td (second) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 177.59 573.65 Td ( quarter were ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 233.11 573.65 Td ($27.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 283.64 573.65 Td (, compared to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 341.17 573.65 Td ($27.2 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 391.70 573.65 Td ( in the second quarter of 2016, and for the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 562.85 Td (first six months of 2017 were ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 153.05 562.85 Td ($47.2 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 203.58 562.85 Td ( compared to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 258.60 562.85 Td ($47.5 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 309.13 562.85 Td ( in 2016. Expenditures primarily relate to ongoing profit ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 552.05 Td (enhancement and maintenance projects and a continued investment in our animal welfare strategy) Tj ET Q q 0 0 0 rg BT 428.07 552.05 Td (.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 529.25 Td (NORMAL) Tj ET Q q 0 0 0 rg BT 75.33 529.25 Td ( COURSE ISSUER BID) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 513.95 Td (On May 17, 2017, the ) Tj ET Q q 0 0 0 rg BT 124.89 513.95 Td (T) Tj ET Q q 0 0 0 rg BT 129.39 513.95 Td (oronto Stock Exchange \("TSX"\) accepted the Company's notice of intention to commence a Normal Course ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 503.15 Td (Issuer Bid \("NCIB"\), which allows the Company to repurchase, at its discretion, up to 8.20 million common shares in the open market or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 492.35 Td (as otherwise permitted by the ) Tj ET Q q 0 0 0 rg BT 155.90 492.35 Td (TSX, subject to the normal terms and limitations of such bids. Common shares purchased by the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 481.55 Td (Company are cancelled. ) Tj ET Q q 0 0 0 rg BT 135.39 481.55 Td (The program commenced on May 23, 2017 and will terminate on May 22, 2018, or on such earlier date as the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 470.75 Td (Company completes its purchases pursuant to the notice of intention. Under this bid during the three and six months ended June 30, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 459.95 Td (2017, 0.3 million shares \(2016: 0.0 million\) were purchased for cancellation for $8.8 million at a volume weighted average price paid of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 449.15 Td ($32.93 per common share.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 143.56 449.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 433.85 Td (On May 16, 2016, the ) Tj ET Q q 0 0 0 rg BT 124.89 433.85 Td (TSX accepted the Company's notice of intention to commence a NCIB, which allowed the Company to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 423.05 Td (repurchase, at its discretion, up to 8.70 million common shares in the open market or as otherwise permitted by the ) Tj ET Q q 0 0 0 rg BT 495.56 423.05 Td (TSX, subject to the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 412.25 Td (normal terms and limitations of such bids. ) Tj ET Q q 0 0 0 rg BT 203.91 412.25 Td (The program commenced on May 19, 2016 and was terminated on May 18, 2017, as the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 401.45 Td (Company completed its purchase and cancellation of 5.52 million common shares for $163.1 million at a volume weighted average ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 390.65 Td (price of $29.57 per common share. Under this bid during the three months ended June 30, 2017, 0.6 million shares \(2016: 0.0 million\) ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 379.85 Td (were purchased for cancellation for $20.7 million at a volume weighted average price paid of $32.57 per common share. During the six ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 369.05 Td (months ended June 30, 2017, 3.4 million shares \(2016: 0.0 million\) were purchased for cancellation for $102.6 million at a volume ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 358.25 Td (weighted average price paid of $30.09 per common share. ) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 342.95 Td (On March 23, 2015, the ) Tj ET Q q 0 0 0 rg BT 132.90 342.95 Td (TSX accepted the Company's notice of intention to commence a NCIB, which allowed the Company to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 332.15 Td (repurchase, at its discretion, up to 8.65 million common shares in the open market or as otherwise permitted by the ) Tj ET Q q 0 0 0 rg BT 495.56 332.15 Td (TSX, subject to the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 321.35 Td (normal terms and limitations of such bids. ) Tj ET Q q 0 0 0 rg BT 203.91 321.35 Td (The program commenced on March 25, 2015 and was terminated on January 22, 2016, as ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 310.55 Td (the Company completed its purchase and cancellation of 8.65 million common shares for $194.5 million at a volume weighted average ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 299.75 Td (price paid of $22.48 per common share. Under this bid during the six months ended June 30, 2016, 0.51 million shares were purchased ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 288.95 Td (for $1) Tj ET Q q 0 0 0 rg BT 58.35 288.95 Td (1.9 million at a volume weighted average price paid of $23.23 per common share. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 385.53 288.95 Td ( ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 266.15 Td (CASH FLOWS) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 250.85 Td (Cash was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 78.02 250.85 Td ($104.8 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 133.55 250.85 Td ( at the end of the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 203.60 250.85 Td (second) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 232.62 250.85 Td ( quarter of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 276.15 250.85 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 296.17 250.85 Td (, compared to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 353.70 250.85 Td ($312.8 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 409.23 250.85 Td ( last year) Tj ET Q q 0 0 0 rg BT 445.25 250.85 Td (, and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 467.77 250.85 Td ($403.6 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 523.30 250.85 Td ( as at ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 240.05 Td (December 31, 2016. In the first six months of 2017, the decrease in cash was largely due to acquisitions of businesses, share ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 229.25 Td (repurchases under the NCIB programs, investment in property and equipment, the quarterly dividend payments and purchase of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 218.45 Td (treasury stock of) Tj ET Q q 0 0 0 rg BT 101.86 218.45 Td (fset by net earnings.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 203.15 Td (Cash Flow from Operating ) Tj ET Q q 0 0 0 rg BT 150.68 203.15 Td (Activities ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 187.85 Td (Cash provided by operations for the quarter was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 230.61 187.85 Td ($42.1 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 281.14 187.85 Td ( compared to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 336.16 187.85 Td ($63.4 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 386.69 187.85 Td ( in the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 413.71 187.85 Td (second) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 442.73 187.85 Td ( quarter of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 486.25 187.85 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.28 187.85 Td (. ) Tj ET Q q 0 0 0 rg BT 511.11 187.85 Td (The decrease ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 177.05 Td (was primarily due to a ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 126.04 177.05 Td (higher investment in working capital, pension contributions and lower margin received by the Company against ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 166.25 Td (its derivatives for its commodity hedging program, of) Tj ET Q q 0 0 0 rg BT 243.92 166.25 Td (fset by higher net earnings) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 349.99 166.25 Td (.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 150.95 Td (For the first six months of 2017, cash provided by operations was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 298.13 150.95 Td ($97.1 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 348.66 150.95 Td ( compared to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 403.69 150.95 Td ($108.8 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 459.22 150.95 Td ( last year) Tj ET Q q 0 0 0 rg BT 495.24 150.95 Td (. ) Tj ET Q q 0 0 0 rg BT 500.08 150.95 Td (The decrease was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 140.15 Td (due to a higher investment in working capital and lower net earnings during the period.) Tj ET Q endstream endobj 13 0 obj <> endobj 14 0 obj <> stream BT /F2 6.50 Tf ET q 0 0 0 rg BT 299.90 764.95 Td ( MANAGEMENT'S DISCUSSION ) Tj ET Q q 0 0 0 rg BT 398.71 764.95 Td (AND ) Tj ET Q q 0 0 0 rg BT 414.36 764.95 Td (ANAL) Tj ET Q q 0 0 0 rg BT 431.82 764.95 Td (YSIS ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 448.44 764.95 Td (| Q2 2017 | MAPLE LEAF FOODS INC. ) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 303.90 50.20 Td (5) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 713.45 Td (Cash Flow from Financing ) Tj ET Q q 0 0 0 rg BT 150.67 713.45 Td (Activities ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 698.15 Td (Cash used in financing activities for the quarter was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 244.11 698.15 Td ($45.9 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 294.64 698.15 Td ( compared to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 349.66 698.15 Td ($14.6 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 400.19 698.15 Td ( in the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 427.21 698.15 Td (second) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 456.23 698.15 Td ( quarter of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 499.75 698.15 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 519.78 698.15 Td (. ) Tj ET Q q 0 0 0 rg BT 524.61 698.15 Td (The ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 687.35 Td (increased use of cash was primarily due to higher share repurchases under the NCIB programs, increased treasury stock purchases for ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 676.55 Td (the long term incentive program \("L) Tj ET Q q 0 0 0 rg BT 175.59 676.55 Td (TIP"\) and an increased dividend payment rate.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 661.25 Td (For the first six months of 2017, cash used in financing activities was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 311.63 661.25 Td ($150.9 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 367.16 661.25 Td ( compared to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 422.19 661.25 Td ($41.5 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 472.72 661.25 Td ( last year) Tj ET Q q 0 0 0 rg BT 508.74 661.25 Td (. ) Tj ET Q q 0 0 0 rg BT 513.58 661.25 Td (The increased ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 650.45 Td (use of cash was primarily due to higher share repurchases under the NCIB programs, increased treasury stock purchases for L) Tj ET Q q 0 0 0 rg BT 540.57 650.45 Td (TIP) Tj ET Q q 0 0 0 rg BT 554.41 650.45 Td ( and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 639.65 Td (an increased dividend payment rate.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 624.35 Td (Cash Flow from Investing ) Tj ET Q q 0 0 0 rg BT 147.68 624.35 Td (Activities ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 609.05 Td (Cash used in investing activities for the quarter was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 243.60 609.05 Td ($35.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 294.13 609.05 Td ( compared to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 349.16 609.05 Td ($27.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 399.69 609.05 Td ( in the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 426.70 609.05 Td (second) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 455.73 609.05 Td ( quarter of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 499.25 609.05 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 519.27 609.05 Td (. ) Tj ET Q q 0 0 0 rg BT 524.11 609.05 Td (The ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 598.25 Td (increase was driven by the acquisition of a hog production operation.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 582.95 Td (For the first six months of 2017, cash used in investing activities was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 311.12 582.95 Td ($245.1 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 366.66 582.95 Td ( compared to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 421.69 582.95 Td ($46.9 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 472.21 582.95 Td ( last year) Tj ET Q q 0 0 0 rg BT 508.23 582.95 Td (. ) Tj ET Q q 0 0 0 rg BT 513.07 582.95 Td (The increase ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 572.15 Td (was due to acquisitions. ) Tj ET Q q 0 0 0 rg BT 133.89 572.15 Td (The purchases were fully funded by cash on hand. Refer to Note 17 of the consolidated financial statements.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 549.35 Td (SHARE CAPIT) Tj ET Q q 0 0 0 rg BT 96.34 549.35 Td (AL) Tj ET Q q 0 0 0 rg BT 108.17 549.35 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 534.05 Td (As at July 20, 2017, there were 129,009,589 common shares issued and outstanding.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 511.25 Td (OTHER MA) Tj ET Q q 0 0 0 rg BT 83.33 511.25 Td (TTERS) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 500.45 Td (On July 26, 2017, the Board of Directors approved a dividend of $0.1) Tj ET Q q 0 0 0 rg BT 309.50 500.45 Td (1 per share payable September 29, 2017 to shareholders of record ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 489.65 Td (at the close of business September 8, 2017.Based on the current number of shares outstanding, it is estimated that $0.1022 per share ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 478.85 Td (of the total dividend to be paid will be considered an Eligible Dividend for theEnhanced Dividend ) Tj ET Q q 0 0 0 rg BT 425.58 478.85 Td (T) Tj ET Q q 0 0 0 rg BT 430.08 478.85 Td (ax Credit System. ) Tj ET Q q 0 0 0 rg BT 506.44 478.85 Td (The final amount ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 468.05 Td (of the dividend that is considered an Eligible Dividend will be confirmed on the Company) Tj ET Q q 0 0 0 rg BT 389.04 468.05 Td (s website on or before September 29, 2017.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 564.15 468.05 Td ( ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 445.25 Td (TRANSACTIONS WITH RELA) Tj ET Q q 0 0 0 rg BT 159.32 445.25 Td (TED P) Tj ET Q q 0 0 0 rg BT 185.16 445.25 Td (ARTIES) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 429.95 Td (The Company sponsors a number of defined benefit and defined contribution plans.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 368.71 429.95 Td ( During the) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 412.74 429.95 Td ( three and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 455.77 429.95 Td (six months ended June 30, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 419.15 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 56.02 419.15 Td (, the Company's contributions to these plans were) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 254.85 419.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 257.35 419.15 Td ($16.2 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 307.88 419.15 Td ( and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 327.89 419.15 Td ($21.4 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 378.42 419.15 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 383.92 419.15 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 403.94 419.15 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 408.94 419.15 Td ($2.3 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 454.46 419.15 Td ( and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 474.48 419.15 Td ($4.6 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 520.00 419.15 Td (\) respectively) Tj ET Q q 0 0 0 rg BT 572.35 419.15 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 403.85 Td (The Company) Tj ET Q q 0 0 0 rg BT 94.36 403.85 Td (s largest shareholder is McCain Capital Inc. \(MCI\) which is beneficially owned and controlled by Mr) Tj ET Q q 0 0 0 rg BT 493.03 403.85 Td (. Michael H. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 393.05 Td (McCain, Chief Executive Of) Tj ET Q q 0 0 0 rg BT 145.88 393.05 Td (ficer and President of the Company) Tj ET Q q 0 0 0 rg BT 286.29 393.05 Td (.For the three and six months ended June 30,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 470.40 393.05 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 472.90 393.05 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 492.92 393.05 Td (, the Company ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 382.25 Td (received services from MCI in the amount of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 214.57 382.25 Td ($0.1 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 260.09 382.25 Td ( and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 280.11 382.25 Td ($0.3 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 325.63 382.25 Td ( respectively \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 381.15 382.25 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 401.17 382.25 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 406.17 382.25 Td ($0.1 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 451.69 382.25 Td ( and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 471.71 382.25 Td ($0.3 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 517.23 382.25 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 520.23 382.25 Td (, which ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 371.45 Td (represent the market value of the transactions with MCI. ) Tj ET Q q 0 0 0 rg BT 261.11 371.45 Td (As at June 30, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 321.14 371.45 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 341.17 371.45 Td (, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 346.17 371.45 Td ($0.3 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 391.69 371.45 Td ( \(2016: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 422.21 371.45 Td ($0.0) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 439.73 371.45 Td ( million\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 470.73 371.45 Td ( was owing to MCI ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 360.65 Td (relating to these transactions. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 156.07 360.65 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 345.35 Td (McCain Financial ) Tj ET Q q 0 0 0 rg BT 107.03 345.35 Td (Advisory Services \("MF) Tj ET Q q 0 0 0 rg BT 199.74 345.35 Td (AS"\) is an entity jointly controlled by individuals including Mr) Tj ET Q q 0 0 0 rg BT 437.55 345.35 Td (. Michael H. McCain. For the) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 551.58 345.35 Td ( three ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 334.55 Td (and six months ended ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 126.56 334.55 Td (June 30,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 161.09 334.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 163.59 334.55 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 183.61 334.55 Td ( and 2016, the Company provided services to MF) Tj ET Q q 0 0 0 rg BT 379.71 334.55 Td (AS for a nominal amount, which represented the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 323.75 Td (market value of the transactions) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 163.56 323.75 Td (. ) Tj ET Q endstream endobj 15 0 obj <> endobj 16 0 obj <> stream BT /F2 6.50 Tf ET q 0 0 0 rg BT 299.90 764.95 Td ( MANAGEMENT'S DISCUSSION ) Tj ET Q q 0 0 0 rg BT 398.71 764.95 Td (AND ) Tj ET Q q 0 0 0 rg BT 414.36 764.95 Td (ANAL) Tj ET Q q 0 0 0 rg BT 431.82 764.95 Td (YSIS ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 448.44 764.95 Td (| Q2 2017 | MAPLE LEAF FOODS INC. ) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 303.90 50.20 Td (6) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 702.65 Td (SUMMAR) Tj ET Q q 0 0 0 rg BT 76.16 702.65 Td (Y) Tj ET Q q 0 0 0 rg BT 82.00 702.65 Td ( OF QUARTERL) Tj ET Q q 0 0 0 rg BT 148.67 702.65 Td (Y) Tj ET Q q 0 0 0 rg BT 154.51 702.65 Td ( RESUL) Tj ET Q q 0 0 0 rg BT 186.85 702.65 Td (TS ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 687.35 Td (The following is a summary of unaudited quarterly financial information:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 35.5 646.85 m 255.5 646.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 646.85 m 283.5 646.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 646.85 m 291.5 646.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 646.85 m 341.5 646.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 646.85 m 349.5 646.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349.5 646.85 m 399.5 646.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 646.85 m 407.5 646.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 646.85 m 457.5 646.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 646.85 m 465.5 646.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 646.85 m 515.5 646.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 646.85 m 523.5 646.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 523.5 646.85 m 575.5 646.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 35.5 604.85 m 255.5 604.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 255.5 604.85 m 283.5 604.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 283.5 604.85 m 291.5 604.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 291.5 604.85 m 341.5 604.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 341.5 604.85 m 349.5 604.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 349.5 604.85 m 399.5 604.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 399.5 604.85 m 407.5 604.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 407.5 604.85 m 457.5 604.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 457.5 604.85 m 465.5 604.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 465.5 604.85 m 515.5 604.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 515.5 604.85 m 523.5 604.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 523.5 604.85 m 575.5 604.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 283.5 604.85 m 291.5 604.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 291.5 604.85 m 341.5 604.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 341.5 604.85 m 349.5 604.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 349.5 604.85 m 399.5 604.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 399.5 604.85 m 407.5 604.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 407.5 604.85 m 457.5 604.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 457.5 604.85 m 465.5 604.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 515.5 604.85 m 523.5 604.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 35.5 562.85 m 255.5 562.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 255.5 562.85 m 283.5 562.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 283.5 562.85 m 291.5 562.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 291.5 562.85 m 341.5 562.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 341.5 562.85 m 349.5 562.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 349.5 562.85 m 399.5 562.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 399.5 562.85 m 407.5 562.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 407.5 562.85 m 457.5 562.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 457.5 562.85 m 465.5 562.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 465.5 562.85 m 515.5 562.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 515.5 562.85 m 523.5 562.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 523.5 562.85 m 575.5 562.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 283.5 562.85 m 291.5 562.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 341.5 562.85 m 349.5 562.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 399.5 562.85 m 407.5 562.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 457.5 562.85 m 465.5 562.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 515.5 562.85 m 523.5 562.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 35.5 410.85 m 255.5 410.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 255.5 410.85 m 283.5 410.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 283.5 410.85 m 291.5 410.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 291.5 410.85 m 341.5 410.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 341.5 410.85 m 349.5 410.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 349.5 410.85 m 399.5 410.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 399.5 410.85 m 407.5 410.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 407.5 410.85 m 457.5 410.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 457.5 410.85 m 465.5 410.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 465.5 410.85 m 515.5 410.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 515.5 410.85 m 523.5 410.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 523.5 410.85 m 575.5 410.85 l s BT /F4 9.00 Tf ET q 0 0 0 rg BT 38.00 651.25 Td (\($ thousands except earnings per share\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.45 662.50 Td (First) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 305.45 651.25 Td (Quarter) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 363.45 662.50 Td (Second) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 363.45 651.25 Td (Quarter) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 431.50 662.50 Td (Third) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 421.45 651.25 Td (Quarter) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.50 662.50 Td (Fourth) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.45 651.25 Td (Quarter) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 542.35 651.25 Td (T) Tj ET Q q 0 0 0 rg BT 547.18 651.25 Td (otal) Tj ET Q BT /F5 9.00 Tf ET BT /F5 5.85 Tf ET q 0 0 0 rg BT 563.18 655.54 Td (\(iii\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 38.00 637.25 Td (Sales) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.95 637.25 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.00 637.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 305.45 637.25 Td (811,185) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 352.00 637.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 363.45 637.25 Td (925,873) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 410.00 637.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.00 637.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.00 637.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.00 637.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 526.00 637.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 563.00 637.25 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 259.95 623.25 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 305.45 623.25 Td (796,889) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 363.45 623.25 Td (854,646) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 421.45 623.25 Td (852,099) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 479.45 623.25 Td (828,178) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 531.95 623.25 Td (3,331,812) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 259.95 609.25 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 305.45 609.25 Td (780,248) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 363.45 609.25 Td (820,776) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 421.45 609.25 Td (818,785) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 479.45 609.25 Td (873,123) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 531.95 609.25 Td (3,292,932) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 38.00 595.25 Td (Net earnings \(loss\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.95 595.25 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.00 595.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 310.45 595.25 Td (30,105) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 352.00 595.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 368.45 595.25 Td (37,342) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 410.00 595.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.00 595.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.00 595.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.00 595.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 526.00 595.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 563.00 595.25 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 259.95 581.25 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 310.45 581.25 Td (42,269) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 368.45 581.25 Td (31,381) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 426.45 581.25 Td (31,828) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 484.45 581.25 Td (76,224) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 539.45 581.25 Td (181,702) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 259.95 567.25 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 312.45 567.25 Td (\(2,861) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 338.00 567.25 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 370.45 567.25 Td (\(7,524) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 396.00 567.25 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 426.45 567.25 Td (18,680) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 484.45 567.25 Td (33,285) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 544.45 567.25 Td (41,580) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 38.00 547.55 Td (Earnings \(loss\) per share ) Tj ET Q BT /F5 9.00 Tf ET BT /F5 5.85 Tf ET q 0 0 0 rg BT 148.54 551.84 Td (\(i\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 50.00 527.25 Td (Basic) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 72.01 531.54 Td (\(i\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.95 527.25 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.00 527.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 320.45 527.25 Td (0.23) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 352.00 527.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 378.45 527.25 Td (0.29) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 410.00 527.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.00 527.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.00 527.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.00 527.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 526.00 527.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 563.00 527.25 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 259.95 513.25 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 320.45 513.25 Td (0.31) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 378.45 513.25 Td (0.23) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 436.45 513.25 Td (0.24) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 494.45 513.25 Td (0.57) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 554.45 513.25 Td (1.35) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 259.95 499.25 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 317.45 499.25 Td (\(0.02) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 338.00 499.25 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 375.45 499.25 Td (\(0.05) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 396.00 499.25 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 436.45 499.25 Td (0.13) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 494.45 499.25 Td (0.24) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 554.45 499.25 Td (0.30) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 50.00 485.25 Td (Diluted) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 78.02 489.54 Td (\(i\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.95 485.25 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.00 485.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 320.45 485.25 Td (0.22) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 352.00 485.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 378.45 485.25 Td (0.28) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 410.00 485.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.00 485.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.00 485.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.00 485.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 526.00 485.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 563.00 485.25 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 259.95 471.25 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 320.45 471.25 Td (0.31) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 378.45 471.25 Td (0.23) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 436.45 471.25 Td (0.23) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 494.45 471.25 Td (0.56) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 554.45 471.25 Td (1.32) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 259.95 457.25 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 317.45 457.25 Td (\(0.02) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 338.00 457.25 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 375.45 457.25 Td (\(0.05) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 396.00 457.25 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 436.45 457.25 Td (0.13) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 494.45 457.25 Td (0.24) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 554.45 457.25 Td (0.29) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 50.00 443.25 Td (Adjusted EPS) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 105.53 447.54 Td (\(i\)\(ii\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.95 443.25 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.00 443.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 320.45 443.25 Td (0.33) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 352.00 443.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 378.45 443.25 Td (0.41) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 410.00 443.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.00 443.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.00 443.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.00 443.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 526.00 443.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 563.00 443.25 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 259.95 429.25 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 320.45 429.25 Td (0.28) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 378.45 429.25 Td (0.32) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 436.45 429.25 Td (0.32) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 494.45 429.25 Td (0.31) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 554.45 429.25 Td (1.23) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 259.95 415.25 Td (2015) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 320.45 415.25 Td (0.05) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 378.45 415.25 Td (0.13) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 436.45 415.25 Td (0.16) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 494.45 415.25 Td (0.25) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 554.45 415.25 Td (0.58) 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 36.00 400.34 Td (\(i\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 41.19 396.05 Td ( ) Tj ET Q q 0 0 0 rg BT 54.00 396.05 Td (Basic and diluted earnings \(loss\) per share and ) Tj ET Q q 0 0 0 rg BT 244.27 396.05 Td (Adjusted Earnings \(loss\) per Share are based on amounts attributable to common ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 385.25 Td (shareholders.) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 36.00 374.24 Td (\(ii\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 42.49 369.95 Td ( ) Tj ET Q q 0 0 0 rg BT 54.00 369.95 Td (Refer to Non-IFRS Financial Measures starting on page 8 of this document. ) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 36.00 358.94 Td (\(iii\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 43.79 354.65 Td ( ) Tj ET Q q 0 0 0 rg BT 54.00 354.65 Td (May not add due to rounding. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 339.35 Td (Fluctuations in quarterly sales can be attributed to changes in pricing, volume, sales mix, foreign exchange rates and acquisitions. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 324.05 Td (Fluctuations in quarterly net earnings can be attributed to similar factors as noted above, pork and poultry industry processing margins, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 313.25 Td (restructuring and other related costs, operating ef) Tj ET Q q 0 0 0 rg BT 232.45 313.25 Td (ficiencies, changes in the fair value of derivative and non-derivative financial ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 302.45 Td (instruments and biological assets, acquisition and transitional costs incurred.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 287.15 Td (For an explanation and analysis of quarterly results, please refer to the Company) Tj ET Q q 0 0 0 rg BT 360.01 287.15 Td (s Management) Tj ET Q q 0 0 0 rg BT 421.38 287.15 Td (s Discussion and ) Tj ET Q q 0 0 0 rg BT 491.42 287.15 Td (Analysis for each of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 276.35 Td (the respective quarterly periods which are filed on SEDAR and also available on the Company) Tj ET Q q 0 0 0 rg BT 412.55 276.35 Td (s website 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 462.568359375 275.066796875 m 566.95166015625 275.066796875 l s q 0 0 0 rg BT 462.57 276.35 Td (www) Tj ET Q q 0 0 0 rg BT 481.57 276.35 Td (.mapleleaf) Tj ET Q q 0 0 0 rg BT 522.93 276.35 Td (foods.com.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 566.95 276.35 Td ( ) Tj ET Q endstream endobj 17 0 obj <> endobj 18 0 obj <> stream BT /F2 6.50 Tf ET q 0 0 0 rg BT 299.90 764.95 Td ( MANAGEMENT'S DISCUSSION ) Tj ET Q q 0 0 0 rg BT 398.71 764.95 Td (AND ) Tj ET Q q 0 0 0 rg BT 414.36 764.95 Td (ANAL) Tj ET Q q 0 0 0 rg BT 431.82 764.95 Td (YSIS ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 448.44 764.95 Td (| Q2 2017 | MAPLE LEAF FOODS INC. ) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 303.90 50.20 Td (7) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 702.65 Td (SIGNIFICANT ) Tj ET Q q 0 0 0 rg BT 95.66 702.65 Td (ACCOUNTING POLICIES ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 687.35 Td (Accounting Standards ) Tj ET Q q 0 0 0 rg BT 134.17 687.35 Td (Adopted During the Period ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 251.17 687.35 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 672.05 Td (Beginning on January 1, 2017, the Company adopted certain standards and amendments. ) Tj ET Q q 0 0 0 rg BT 397.24 672.05 Td (As required by IAS 34 Interim Financial ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 661.25 Td (Reporting and IAS 8 ) Tj ET Q q 0 0 0 rg BT 119.06 661.25 Td (Accounting Policies, Changes in ) Tj ET Q q 0 0 0 rg BT 249.64 661.25 Td (Accounting Estimates and Errors, the nature and the ef) Tj ET Q q 0 0 0 rg BT 468.60 661.25 Td (fect of these changes are ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 650.45 Td (disclosed below:) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 102.04 650.45 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 36.00 635.15 Td (Statement of Cash Flows ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 139.04 635.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 619.85 Td (Beginning on January 1, 2017, the Company adopted the amendments to IAS 7 Statement of Cash Flows which require a reconciliation ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 609.05 Td (of liabilities arising from financing activities to enable users of the financial statements to evaluate both cash flow and non-cash ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 598.25 Td (changes in the net debt of a Company) Tj ET Q q 0 0 0 rg BT 187.44 598.25 Td (. ) Tj ET Q q 0 0 0 rg BT 192.27 598.25 Td (The adoption of the amendments to IAS 7 did not have a material impact on the consolidated ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 587.45 Td (financial statements. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 120.54 587.45 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 36.00 572.15 Td (Income T) Tj ET Q q 0 0 0 rg BT 72.69 572.15 Td (axes) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 91.70 572.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 556.85 Td (Beginning on January 1, 2017, the Company adopted the amendments to IAS 12 Income ) Tj ET Q q 0 0 0 rg BT 392.57 556.85 Td (T) Tj ET Q q 0 0 0 rg BT 397.07 556.85 Td (axes which provide clarification on the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 546.05 Td (requirements relating to the recognition of deferred tax assets for unrealized losses on debt instruments measured at fair value. ) Tj ET Q q 0 0 0 rg BT 544.11 546.05 Td (The ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 535.25 Td (adoption of the amendments to IAS 12 did not have a material impact on the consolidated financial statements. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 479.77 535.25 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 36.00 519.95 Td (Disclosure of Interests in Other Entities) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 191.56 519.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 504.65 Td (Beginning on January 1, 2017, the Company adopted the amendments to IFRS 12 Disclosure of Interests in Other Entities which ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 493.85 Td (provide clarification that the required disclosures under IFRS 12 also apply to subsidiaries, joint ventures and associates that are ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 483.05 Td (classified as held for sale or discontinued operations under IFRS 5 with the exception that the disclosures for summarized financial ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 472.25 Td (information do not apply to subsidiaries, joint ventures and associates classified as held for sale or discontinued operations. ) Tj ET Q q 0 0 0 rg BT 529.12 472.25 Td (The ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 461.45 Td (adoption of the amendments to IFRS 12 did not have a material impact on the consolidated financial statements. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 485.76 461.45 Td ( ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 446.15 Td (Accounting Pronouncements Issued But Not ) Tj ET Q q 0 0 0 rg BT 229.85 446.15 Td (Y) Tj ET Q q 0 0 0 rg BT 235.35 446.15 Td (et Effective ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 36.00 430.85 Td (Revenue Recognition) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 122.06 430.85 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 415.55 Td (In May 2014, the IASB issued IFRS 15 Revenue from Contracts with Customers. IFRS 15 replaces the detailed guidance on revenue ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 404.75 Td (recognition requirements that currently exists under IFRS. IFRS 15 specifies the accounting treatment for all revenue arising from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 393.95 Td (contracts with customers, unless the contracts are within the scope of other IFRSs. ) Tj ET Q q 0 0 0 rg BT 367.98 393.95 Td (The standard also provides a model for the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 383.15 Td (measurement and recognition of gains and losses on the sale of certain non-financial assets that are not an output of the company's ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 372.35 Td (ordinary activities. ) Tj ET Q q 0 0 0 rg BT 110.03 372.35 Td (Additional disclosure is required under the standard including disaggregation of total revenue, information about ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 361.55 Td (performance obligations, changes in contract asset and liability account balances between periods, and key judgments and estimates. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 350.75 Td (In July 2015, the ef) Tj ET Q q 0 0 0 rg BT 111.89 350.75 Td (fective date for IFRS 15 was deferred to apply to annual periods beginning on or after January 1, 2018; early ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 339.95 Td (application is permitted either following a full retrospective approach or a modified retrospective approach. ) Tj ET Q q 0 0 0 rg BT 459.56 339.95 Td (The modified retrospective ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 329.15 Td (approach allows the standard to be applied to existing contracts beginning the initial period of adoption and restatements to the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 318.35 Td (comparative periods are not required. ) Tj ET Q q 0 0 0 rg BT 187.92 318.35 Td (The Company is required to disclose the impact by financial line item as a result of the adoption ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 307.55 Td (of the new standard. ) Tj ET Q q 0 0 0 rg BT 119.89 307.55 Td (The Company intends to adopt IFRS 15 in its consolidated financial statements for the annual period beginning ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 296.75 Td (January 1, 2018. ) Tj ET Q q 0 0 0 rg BT 105.05 296.75 Td (A) Tj ET Q q 0 0 0 rg BT 110.56 296.75 Td ( preliminary analysis has been completed and the Company is currently reviewing the relevant sales contracts. ) Tj ET Q q 0 0 0 rg BT 552.61 296.75 Td (The ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 285.95 Td (extent of the impact of the adoption of IFRS 15 has not yet been determined.) Tj ET Q BT /F3 9.00 Tf ET BT /F4 9.00 Tf ET q 0 0 0 rg BT 36.00 270.65 Td (Financial Instruments Recognition and Measurement) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 254.11 270.65 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 255.35 Td (In July 2014, the IASB issued the final version of IFRS 9 Financial Instruments with a mandatory ef) Tj ET Q q 0 0 0 rg BT 428.53 255.35 Td (fective date of January 1, 2018. ) Tj ET Q q 0 0 0 rg BT 556.45 255.35 Td (The ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 244.55 Td (new standard brings together the classification and measurement, impairment, and hedge accounting phases of the IASB) Tj ET Q q 0 0 0 rg BT 520.62 244.55 Td (s project to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 233.75 Td (replace IAS 39 Financial Instruments: Recognition and Measurement. In addition to the new requirements for classification and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 222.95 Td (measurement of financial assets, a new general hedge accounting model and other amendments issued in previous versions of IFRS 9, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 212.15 Td (the standard also introduces new impairment requirements that are based on a forward-looking expected credit loss model. ) Tj ET Q q 0 0 0 rg BT 528.10 212.15 Td (The ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 201.35 Td (Company intends to adopt IFRS 9 in its consolidated financial statements for the annual period beginning January 1, 2018. ) Tj ET Q q 0 0 0 rg BT 525.81 201.35 Td (A) Tj ET Q q 0 0 0 rg BT 531.32 201.35 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 190.55 Td (preliminary analysis has been completed and the Company is reviewing relevant contracts and documentation. ) Tj ET Q q 0 0 0 rg BT 479.08 190.55 Td (The extent of the impact ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 179.75 Td (of the adoption of IFRS 9 has not yet been determined.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 255.14 179.75 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 164.45 Td (The disclosure requirements in IFRS 7 Financial Instruments - Disclosure have also been amended to include the additional disclosure ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 153.65 Td (required under IFRS 9. ) Tj ET Q q 0 0 0 rg BT 129.88 153.65 Td (The Company intends to adopt these amendments to IFRS 7 at the same time as adoption of IFRS 9. ) Tj ET Q q 0 0 0 rg BT 535.94 153.65 Td (The ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 142.85 Td (extent of the impact of the adoption of the amendments to IFRS 7 has not yet been determined.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 415.73 142.85 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 36.00 127.55 Td (Leases) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.02 127.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 112.25 Td (In January 2016, the IASB issued IFRS 16 Leases with a mandatory ef) Tj ET Q q 0 0 0 rg BT 317.50 112.25 Td (fective date of January 1, 2019. ) Tj ET Q q 0 0 0 rg BT 445.42 112.25 Td (The new standard will replace ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 101.45 Td (IAS 17 Leases and will carry forward the accounting requirements for lessors. IFRS 16 provides a new framework for lessee accounting ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 90.65 Td (that requires substantially all assets obtained through operating leases to be capitalized and a related liability to be recorded. ) Tj ET Q q 0 0 0 rg BT 534.15 90.65 Td (The new ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 79.85 Td (standard seeks to provide a more accurate picture of a company's leased assets and related liabilities and create greater comparability ) Tj ET Q endstream endobj 19 0 obj <> endobj 20 0 obj <> stream BT /F2 6.50 Tf ET q 0 0 0 rg BT 299.90 764.95 Td ( MANAGEMENT'S DISCUSSION ) Tj ET Q q 0 0 0 rg BT 398.71 764.95 Td (AND ) Tj ET Q q 0 0 0 rg BT 414.36 764.95 Td (ANAL) Tj ET Q q 0 0 0 rg BT 431.82 764.95 Td (YSIS ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 448.44 764.95 Td (| Q2 2017 | MAPLE LEAF FOODS INC. ) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 303.90 50.20 Td (8) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 713.45 Td (between companies who lease assets and those who purchase assets. ) Tj ET Q q 0 0 0 rg BT 321.51 713.45 Td (The Company intends to adopt IFRS 16 in its consolidated ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 702.65 Td (financial statements for the annual period beginning January 1, 2019. ) Tj ET Q q 0 0 0 rg BT 314.02 702.65 Td (The extent of the impact of the adoption of IFRS 16 has not yet ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 691.85 Td (been determined.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 106.05 691.85 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 36.00 676.55 Td (Share-Based Payments) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 131.05 676.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 661.25 Td (In June 2016, the IASB issued amendments to IFRS 2 Share-Based Payment with a mandatory ef) Tj ET Q q 0 0 0 rg BT 426.05 661.25 Td (fective date of January 1, 2018. ) Tj ET Q q 0 0 0 rg BT 553.97 661.25 Td (The ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 650.45 Td (amendments provide clarification on how to account for certain types of share-based payment transactions. ) Tj ET Q q 0 0 0 rg BT 465.06 650.45 Td (The Company intends to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 639.65 Td (adopt the amendments to IFRS 2 in its consolidated financial statements for the annual period beginning January 1, 2018. ) Tj ET Q q 0 0 0 rg BT 523.14 639.65 Td (The extent of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 628.85 Td (the impact of the adoption of the amendments to IFRS 2 has not yet been determined.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 378.71 628.85 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 36.00 613.55 Td (Foreign Currency T) Tj ET Q q 0 0 0 rg BT 112.86 613.55 Td (ransactions and ) Tj ET Q q 0 0 0 rg BT 178.56 613.55 Td (Advance Considerations) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 276.12 613.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 598.25 Td (In December 2016, the IASB issued IFRIC 22 Foreign Currency ) Tj ET Q q 0 0 0 rg BT 291.96 598.25 Td (T) Tj ET Q q 0 0 0 rg BT 297.12 598.25 Td (ransactions and ) Tj ET Q q 0 0 0 rg BT 362.66 598.25 Td (Advance Consideration with a mandatory ef) Tj ET Q q 0 0 0 rg BT 536.60 598.25 Td (fective ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 587.45 Td (date of January 1, 2018. When a foreign currency transaction where consideration is received or paid in advance of the recognition of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 576.65 Td (the related asset, expense, or income, the exchange rate used should be based on the exchange rate as at the date when the pre-) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 565.85 Td (payment asset or deferred liability is recognized. IFRIC 22 can be applied on a full retrospective basis, retrospective from the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 555.05 Td (comparative year or prospectively from January 1, 2018. ) Tj ET Q q 0 0 0 rg BT 262.94 555.05 Td (The extent of the impact of the adoption of IFRIC 22 has not yet been ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 544.25 Td (determined. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 86.03 544.25 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 36.00 528.95 Td (Uncertainty over Income T) Tj ET Q q 0 0 0 rg BT 140.71 528.95 Td (ax T) Tj ET Q q 0 0 0 rg BT 157.55 528.95 Td (reatments) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 197.56 528.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 513.65 Td (In June 2017, the IASB issued IFRIC 23 Uncertainty over Income ) Tj ET Q q 0 0 0 rg BT 297.97 513.65 Td (T) Tj ET Q q 0 0 0 rg BT 302.47 513.65 Td (ax ) Tj ET Q q 0 0 0 rg BT 314.31 513.65 Td (T) Tj ET Q q 0 0 0 rg BT 319.48 513.65 Td (reatments with a mandatory ef) Tj ET Q q 0 0 0 rg BT 440.37 513.65 Td (fective date of January 1, 2019. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 502.85 Td (The interpretations provide guidance on how to value uncertain income tax positions based on the probability of whether the relevant ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 492.05 Td (tax authorities will accept the company's tax treatments. ) Tj ET Q q 0 0 0 rg BT 260.32 492.05 Td (A) Tj ET Q q 0 0 0 rg BT 265.83 492.05 Td ( company is to assume that a taxation authority with the right to examine any ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 481.25 Td (amounts reported to it will examine those amounts and will have full knowledge of all relevant information when doing so. IFRIC 23 is to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 470.45 Td (be applied by recognizing the cumulative ef) Tj ET Q q 0 0 0 rg BT 208.45 470.45 Td (fect of initially applying these guidelines in opening retained earnings without adjusting ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 459.65 Td (comparative information. ) Tj ET Q q 0 0 0 rg BT 136.88 459.65 Td (The extent of the impact of the adoption of IFRIC 23 has not yet been determined. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 465.58 459.65 Td ( ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 444.35 Td (Restatement of Comparative Periods for Previously ) Tj ET Q q 0 0 0 rg BT 258.23 444.35 Td (Adopted ) Tj ET Q q 0 0 0 rg BT 296.89 444.35 Td (Accounting Standards) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 392.90 444.35 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 36.00 429.05 Td (Income taxes) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 89.53 429.05 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 413.75 Td (On November 8, 2016, the IFRS Interpretations Committee provided clarification on the tax rate an entity should apply to its deferred ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 402.95 Td (tax assets and liabilities related to intangible assets with indefinite lives. ) Tj ET Q q 0 0 0 rg BT 322.49 402.95 Td (The tax rate applied should be consistent with how an entity is ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 392.15 Td (expected to recover the carrying amount in the form of future economic benefits. ) Tj ET Q q 0 0 0 rg BT 357.17 392.15 Td (As a result of this clarification, the Company has ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 381.35 Td (changed the ef) Tj ET Q q 0 0 0 rg BT 95.39 381.35 Td (fective tax rate applied on deferred tax liabilities on indefinite life intangible assets. ) Tj ET Q q 0 0 0 rg BT 424.42 381.35 Td (This change has been retrospectively ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 370.55 Td (applied reducing deferred tax assets and retained earnings as at January 1, 2015 by $1) Tj ET Q q 0 0 0 rg BT 383.56 370.55 Td (1.8 million, with the same impact applied to the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 359.75 Td (consolidated balance sheet as at June30, 2016. ) Tj ET Q q 0 0 0 rg BT 231.48 359.75 Td (There was no impact to net income or comprehensive income \(loss\) for the years ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 348.95 Td (ended December 31, 2016 and 2015 as there were no movements in the temporary dif) Tj ET Q q 0 0 0 rg BT 380.54 348.95 Td (ferences or changes in relevant statutory income ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 338.15 Td (tax rates during these periods. ) Tj ET Q q 0 0 0 rg BT 159.41 338.15 Td (There was no material ef) Tj ET Q q 0 0 0 rg BT 258.29 338.15 Td (fect on the consolidated balance sheet as at January 1, 2015. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 505.96 338.15 Td ( ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 315.35 Td (INTERNAL) Tj ET Q q 0 0 0 rg BT 81.33 315.35 Td ( CONTROL) Tj ET Q q 0 0 0 rg BT 128.17 315.35 Td ( OVER FINANCIAL) Tj ET Q q 0 0 0 rg BT 207.00 315.35 Td ( REPORTING ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 300.05 Td (There has been no change in the Company) Tj ET Q q 0 0 0 rg BT 210.96 300.05 Td (s internal control over financial reporting during the period beginning on ) Tj ET Q q 0 0 0 rg BT 496.64 300.05 Td (April 1, 2017, and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 289.25 Td (ended on ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 76.04 289.25 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 133.09 289.25 Td (, that has materially af) Tj ET Q q 0 0 0 rg BT 220.97 289.25 Td (fected, or is reasonably likely to materially af) Tj ET Q q 0 0 0 rg BT 397.38 289.25 Td (fect, its internal control over financial ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 278.45 Td (reporting.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 255.65 Td (NON-IFRS FINANCIAL) Tj ET Q q 0 0 0 rg BT 130.33 255.65 Td ( MEASURES) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 240.35 Td (The Company uses the following non-IFRS measures: ) Tj ET Q q 0 0 0 rg BT 254.10 240.35 Td (Adjusted Operating Earnings, ) Tj ET Q q 0 0 0 rg BT 373.68 240.35 Td (Adjusted Earnings per Share, ) Tj ET Q q 0 0 0 rg BT 493.26 240.35 Td (Adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 562.79 240.35 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 229.55 Td (and Free Cash Flow) Tj ET Q q 0 0 0 rg BT 116.54 229.55 Td (. Management believes that these non-IFRS measures provide useful information to investors in measuring the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 218.75 Td (financial performance of the Company for the reasons outlined below) Tj ET Q q 0 0 0 rg BT 310.16 218.75 Td (. ) Tj ET Q q 0 0 0 rg BT 315.00 218.75 Td (These measures do not have a standardized meaning prescribed ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 207.95 Td (by 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 36.00 197.15 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 36.00 181.85 Td (Adjusted Operating Earnings ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 163.02 181.85 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 166.55 Td (Adjusted Operating Earnings, a non-IFRS measure, is used by Management to evaluate financial operating results. It is defined as ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 155.75 Td (earnings before income taxes adjusted for items that are not considered representative of ongoing operational activities of the business ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 144.95 Td (and 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 36.00 134.15 Td (sold or transferred. ) Tj ET Q q 0 0 0 rg BT 113.87 134.15 Td (The table below provides a reconciliation of net earnings as reported under IFRS in the unaudited condensed ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 123.35 Td (consolidated interim statements of earnings to ) Tj ET Q q 0 0 0 rg BT 221.60 123.35 Td (Adjusted Operating Earnings for the three and six months ended, as indicated below) Tj ET Q q 0 0 0 rg BT 556.81 123.35 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 112.55 Td (Management believes that this basis is the most appropriate on which to evaluate operating results, as they are representative of the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 101.75 Td (ongoing operations of the Company) Tj ET Q q 0 0 0 rg BT 177.93 101.75 Td (. ) Tj ET Q endstream endobj 21 0 obj <> endobj 22 0 obj <> stream BT /F2 6.50 Tf ET q 0 0 0 rg BT 299.90 764.95 Td ( MANAGEMENT'S DISCUSSION ) Tj ET Q q 0 0 0 rg BT 398.71 764.95 Td (AND ) Tj ET Q q 0 0 0 rg BT 414.36 764.95 Td (ANAL) Tj ET Q q 0 0 0 rg BT 431.82 764.95 Td (YSIS ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 448.44 764.95 Td (| Q2 2017 | MAPLE LEAF FOODS INC. ) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 303.90 50.20 Td (9) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 704.5 m 311.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 704.5 m 355.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 704.5 m 381.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 704.5 m 425.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 704.5 m 462.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 704.5 m 506.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 704.5 m 532.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532.5 704.5 m 576.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 689.5 m 285.5 689.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 704.5 m 311.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 689.5 m 311.5 689.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 704.5 m 355.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 689.5 m 355.5 689.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 704.5 m 381.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 689.5 m 381.5 689.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 704.5 m 425.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 689.5 m 425.5 689.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 704.5 m 436.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 689.5 m 436.5 689.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 704.5 m 462.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 689.5 m 462.5 689.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 704.5 m 506.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 689.5 m 506.5 689.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 704.5 m 532.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 689.5 m 532.5 689.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532.5 704.5 m 576.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532.5 689.5 m 576.5 689.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 689.5 m 311.5 689.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 689.5 m 355.5 689.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 689.5 m 381.5 689.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 689.5 m 425.5 689.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 689.5 m 436.5 689.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 689.5 m 462.5 689.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 689.5 m 506.5 689.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 689.5 m 532.5 689.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532.5 689.5 m 576.5 689.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 661.5 m 285.5 661.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 285.5 661.5 m 311.5 661.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 311.5 661.5 m 355.5 661.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 355.5 661.5 m 381.5 661.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 381.5 661.5 m 425.5 661.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 425.5 661.5 m 436.5 661.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 436.5 661.5 m 462.5 661.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 462.5 661.5 m 506.5 661.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 506.5 661.5 m 532.5 661.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 532.5 661.5 m 576.5 661.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 605.5 m 285.5 605.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 285.5 605.5 m 311.5 605.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 311.5 605.5 m 355.5 605.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 355.5 605.5 m 381.5 605.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 381.5 605.5 m 425.5 605.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 425.5 605.5 m 436.5 605.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 436.5 605.5 m 462.5 605.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 462.5 605.5 m 506.5 605.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 506.5 605.5 m 532.5 605.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 532.5 605.5 m 576.5 605.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 563.5 m 285.5 563.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 549.5 m 285.5 549.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 285.5 563.5 m 311.5 563.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 549.5 m 311.5 549.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 311.5 563.5 m 355.5 563.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 549.5 m 355.5 549.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 355.5 563.5 m 381.5 563.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 549.5 m 381.5 549.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 381.5 563.5 m 425.5 563.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 549.5 m 425.5 549.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 425.5 563.5 m 436.5 563.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 549.5 m 436.5 549.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 436.5 563.5 m 462.5 563.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 549.5 m 462.5 549.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 462.5 563.5 m 506.5 563.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 549.5 m 506.5 549.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 506.5 563.5 m 532.5 563.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 549.5 m 532.5 549.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 532.5 563.5 m 576.5 563.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532.5 549.5 m 576.5 549.5 l s BT /F4 9.00 Tf ET q 0 0 0 rg BT 39.00 702.90 Td (\($ thousands\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 39.00 693.90 Td (\(Unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.95 708.90 Td (Three months ended June 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.95 708.90 Td (Six months ended June 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 331.95 693.90 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 401.95 693.90 Td (2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 482.95 693.90 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 552.95 693.90 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 680.45 Td (Net earnings) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 314.00 679.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.45 679.90 Td (37,342) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 384.00 679.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 394.45 679.90 Td (31,381) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 465.00 679.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.45 679.90 Td (67,447) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 535.00 679.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 545.45 679.90 Td (73,650) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 666.45 Td (Income taxes) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.45 665.90 Td (14,120) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 394.45 665.90 Td (11,639) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.45 665.90 Td (26,100) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 545.45 665.90 Td (27,433) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 650.45 Td (Earnings before income taxes) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 314.00 651.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.45 651.90 Td (51,462) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 384.00 651.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 394.45 651.90 Td (43,020) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 465.00 651.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.45 651.90 Td (93,547) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 535.00 651.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 540.45 651.90 Td (101,083) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 638.45 Td (Interest expense and other financing costs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.45 637.90 Td (1,345) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 399.45 637.90 Td (1,211) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.45 637.90 Td (2,572) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 637.90 Td (2,317) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 624.45 Td (Other expense \(income\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.45 623.90 Td (1,132) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 399.45 623.90 Td (2,601) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.45 623.90 Td (3,836) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 623.90 Td (3,192) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 610.45 Td (Restructuring and other related costs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.45 609.90 Td (4,986) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 406.95 609.90 Td (585) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.45 609.90 Td (11,476) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 609.90 Td (1,802) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 596.20 Td (Earnings from operations) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 314.00 595.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.45 595.90 Td (58,925) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 384.00 595.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 394.45 595.90 Td (47,417) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 465.00 595.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.45 595.90 Td (111,431) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 535.00 595.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 540.45 595.90 Td (108,394) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 582.45 Td (Decrease in 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 204.59 586.74 Td (\(i\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.45 581.90 Td (8,514) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 394.45 581.90 Td (17,133) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.45 581.90 Td (5,717) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 557.95 581.90 Td (292) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 568.45 Td (Unrealized loss \(gain\) on futures contracts) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 207.58 572.74 Td (\(ii\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.45 567.90 Td (7,567) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 396.45 567.90 Td (\(4,084) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 422.00 567.90 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.45 567.90 Td (16,888) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 567.90 Td (5,362) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 554.45 Td (Adjusted Operating Earnings) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 314.00 553.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.45 553.90 Td (75,006) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 384.00 553.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 394.45 553.90 Td (60,466) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 465.00 553.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.45 553.90 Td (134,036) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 535.00 553.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 540.45 553.90 Td (114,048) 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 36.00 538.99 Td (\(i\) ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 534.70 Td (Refer to ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 88.51 534.70 Td (Note 6) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 115.03 534.70 Td ( of the Company) Tj ET Q q 0 0 0 rg BT 182.90 534.70 Td (s ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 189.91 534.70 Td (2017) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 209.93 534.70 Td ( second quarter consolidated financial statements for further details regarding biological ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 523.90 Td (assets.) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 36.00 512.89 Td (\(ii\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 42.49 508.60 Td ( ) Tj ET Q q 0 0 0 rg BT 54.00 508.60 Td (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 450.05 508.60 Td (s ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 457.05 508.60 Td (2017) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 477.07 508.60 Td ( second quarter ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 497.80 Td (unaudited condensed consolidated interim statements of earnings) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 316.17 497.80 Td (.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 482.50 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 36.00 467.20 Td (Adjusted Earnings per Share, a non-IFRS measure, is used by Management to evaluate financial operating results. It is defined as ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 456.40 Td (basic earnings per share and is adjusted on the same basis as ) Tj ET Q q 0 0 0 rg BT 287.15 456.40 Td (Adjusted Operating Earnings. ) Tj ET Q q 0 0 0 rg BT 407.06 456.40 Td (The table below provides a reconciliation ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 445.60 Td (of basic earnings per share as reported under IFRS in the unaudited condensed consolidated interim statements of earnings to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 434.80 Td (Adjusted Earnings per Share for the three and six months ended, as indicated below) Tj ET Q q 0 0 0 rg BT 371.21 434.80 Td (. Management believes this basis is the most ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 424.00 Td (appropriate on which to evaluate financial results as they are representative of the ongoing operations of the Company) Tj ET Q q 0 0 0 rg BT 506.62 424.00 Td (.) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 509.12 424.00 Td ( ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 398.5 m 311.5 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 398.5 m 355.5 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 398.5 m 381.5 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 398.5 m 425.5 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 398.5 m 436.5 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 398.5 m 462.5 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 398.5 m 506.5 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 398.5 m 532.5 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532.5 398.5 m 576.5 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 384.5 m 285.5 384.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 398.5 m 311.5 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 384.5 m 311.5 384.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 398.5 m 355.5 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 384.5 m 355.5 384.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 398.5 m 381.5 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 384.5 m 381.5 384.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 398.5 m 425.5 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 384.5 m 425.5 384.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 398.5 m 436.5 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 384.5 m 436.5 384.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 398.5 m 462.5 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 384.5 m 462.5 384.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 398.5 m 506.5 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 384.5 m 506.5 384.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 398.5 m 532.5 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 384.5 m 532.5 384.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532.5 398.5 m 576.5 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532.5 384.5 m 576.5 384.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 384.5 m 311.5 384.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 384.5 m 355.5 384.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 384.5 m 381.5 384.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 384.5 m 425.5 384.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 384.5 m 436.5 384.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 384.5 m 462.5 384.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 384.5 m 506.5 384.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 384.5 m 532.5 384.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 294.5 m 285.5 294.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 280.5 m 285.5 280.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 285.5 294.5 m 311.5 294.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 280.5 m 311.5 280.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 311.5 294.5 m 355.5 294.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 280.5 m 355.5 280.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 355.5 294.5 m 381.5 294.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 280.5 m 381.5 280.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 381.5 294.5 m 425.5 294.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 280.5 m 425.5 280.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 425.5 294.5 m 436.5 294.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 280.5 m 436.5 280.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 436.5 294.5 m 462.5 294.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 280.5 m 462.5 280.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 462.5 294.5 m 506.5 294.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 280.5 m 506.5 280.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 506.5 294.5 m 532.5 294.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 280.5 m 532.5 280.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 532.5 294.5 m 576.5 294.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532.5 280.5 m 576.5 280.5 l s BT /F4 9.00 Tf ET q 0 0 0 rg BT 39.00 397.90 Td (\($ per share\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 39.00 388.90 Td (\(Unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.95 402.90 Td (Three months ended June 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.95 402.90 Td (Six months ended June 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 331.95 388.90 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 401.95 388.90 Td (2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 482.95 388.90 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 552.95 388.90 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 375.20 Td (Basic earnings per share) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 314.00 374.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 334.45 374.90 Td (0.29) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 384.00 374.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 404.45 374.90 Td (0.23) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 465.00 374.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 485.45 374.90 Td (0.52) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 542.00 374.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 555.45 374.90 Td (0.55) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 361.20 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 186.58 365.49 Td (\(i\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 334.45 360.90 Td (0.03) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 404.45 360.90 Td (0.00) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 485.45 360.90 Td (0.07) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 555.45 360.90 Td (0.01) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 347.10 Td (Items included in other expense \(income\) not considered ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 336.30 Td (representative of ongoing operations) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 197.10 340.59 Td (\(ii\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 343.00 335.90 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 404.45 335.90 Td (0.01) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 485.45 335.90 Td (0.03) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 555.45 335.90 Td (0.02) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 322.20 Td (Change in the fair value of unrealized loss on futures ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 313.20 Td (contracts) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 87.51 317.49 Td (\(iii\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 334.45 312.90 Td (0.04) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 401.45 312.90 Td (\(0.02) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 422.00 312.90 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 485.45 312.90 Td (0.10) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 555.45 312.90 Td (0.03) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 299.20 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 212.61 303.49 Td (\(iii\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 334.45 298.90 Td (0.05) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 404.45 298.90 Td (0.09) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 485.45 298.90 Td (0.03) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 564.00 298.90 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 285.20 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 165.03 289.49 Td (\(iv\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 314.00 284.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 334.45 284.90 Td (0.41) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 384.00 284.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 404.45 284.90 Td (0.32) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 465.00 284.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 485.45 284.90 Td (0.74) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 535.00 284.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 555.45 284.90 Td (0.60) 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 36.00 269.99 Td (\(i\) ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 265.70 Td (Includes per share impact of restructuring and other related costs, net of tax.) Tj ET Q BT /F4 9.00 Tf ET BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 36.00 254.69 Td (\(ii\) ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 250.40 Td (Primarily includes acquisition related costs, interest income and gains/losses associated with investment properties and assets ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 239.60 Td (held for sale, net of tax. ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 152.56 239.60 Td ( ) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 36.00 228.59 Td (\(iii\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 43.79 224.30 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 224.30 Td (Includes per share impact of the change in unrealized losses on futures contracts and the change in fair value of biological assets, ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 213.50 Td (net of tax. ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 96.02 213.50 Td ( ) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 36.00 202.49 Td (\(iv\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 44.12 198.20 Td ( ) Tj ET Q q 0 0 0 rg BT 54.00 198.20 Td (May not add due to rounding. ) Tj ET Q endstream endobj 23 0 obj <> endobj 24 0 obj <> stream BT /F2 6.50 Tf ET q 0 0 0 rg BT 299.90 764.95 Td ( MANAGEMENT'S DISCUSSION ) Tj ET Q q 0 0 0 rg BT 398.71 764.95 Td (AND ) Tj ET Q q 0 0 0 rg BT 414.36 764.95 Td (ANAL) Tj ET Q q 0 0 0 rg BT 431.82 764.95 Td (YSIS ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 448.44 764.95 Td (| Q2 2017 | MAPLE LEAF FOODS INC. ) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 301.80 50.20 Td (10) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 713.45 Td (Adjusted Earnings Before Interest, Income T) Tj ET Q q 0 0 0 rg BT 225.37 713.45 Td (axes, Depreciation, and ) Tj ET Q q 0 0 0 rg BT 328.07 713.45 Td (Amortization) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 383.07 713.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 698.15 Td (Adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 105.53 698.15 Td ( is calculated as earnings before interest and income taxes plus depreciation and intangible asset amortization, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 687.35 Td (adjusted for items that are not considered representative of ongoing operational activities of the business, and items where the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 676.55 Td (economic impact of the transactions will be reflected in earnings in future periods when the underlying asset is sold or transferred. ) Tj ET Q q 0 0 0 rg BT 554.11 676.55 Td (The ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 665.75 Td (following table provides a reconciliation of net earnings as reported under IFRS in the unaudited condensed consolidated interim ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 654.95 Td (statements of earnings to ) Tj ET Q q 0 0 0 rg BT 139.06 654.95 Td (Adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 208.60 654.95 Td ( for the three and six months ended, as indicated below) Tj ET Q q 0 0 0 rg BT 428.73 654.95 Td (. Management believes ) Tj ET Q q 0 0 0 rg BT 523.79 654.95 Td (Adjusted ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 644.15 Td (EBITDA) Tj ET Q q 0 0 0 rg BT 68.01 644.15 Td ( is useful in assessing the performance of the Company) Tj ET Q q 0 0 0 rg BT 291.46 644.15 Td (s ongoing operations and its ability to generate cash flows to fund its ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 633.35 Td (cash requirements, including the Company) Tj ET Q q 0 0 0 rg BT 208.43 633.35 Td (s capital investment program. ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 607.85 m 311.5 607.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 607.85 m 355.5 607.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 607.85 m 381.5 607.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 607.85 m 425.5 607.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 607.85 m 436.5 607.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 607.85 m 462.5 607.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 607.85 m 506.5 607.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 607.85 m 532.5 607.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532.5 607.85 m 576.5 607.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 592.85 m 285.5 592.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 607.85 m 311.5 607.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 592.85 m 311.5 592.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 607.85 m 355.5 607.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 592.85 m 355.5 592.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 607.85 m 381.5 607.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 592.85 m 381.5 592.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 607.85 m 425.5 607.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 592.85 m 425.5 592.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 607.85 m 436.5 607.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 592.85 m 436.5 592.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 607.85 m 462.5 607.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 592.85 m 462.5 592.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 607.85 m 506.5 607.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 592.85 m 506.5 592.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 607.85 m 532.5 607.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 592.85 m 532.5 592.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532.5 607.85 m 576.5 607.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532.5 592.85 m 576.5 592.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 592.85 m 311.5 592.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 592.85 m 355.5 592.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 592.85 m 381.5 592.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 592.85 m 425.5 592.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 592.85 m 436.5 592.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 592.85 m 462.5 592.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 592.85 m 506.5 592.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 592.85 m 532.5 592.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532.5 592.85 m 576.5 592.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 564.85 m 285.5 564.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 285.5 564.85 m 311.5 564.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 311.5 564.85 m 355.5 564.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 355.5 564.85 m 381.5 564.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 381.5 564.85 m 425.5 564.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 425.5 564.85 m 436.5 564.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 436.5 564.85 m 462.5 564.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 462.5 564.85 m 506.5 564.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 506.5 564.85 m 532.5 564.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 532.5 564.85 m 576.5 564.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 311.5 458.85 m 355.5 458.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 381.5 458.85 m 425.5 458.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 462.5 458.85 m 506.5 458.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 532.5 458.85 m 576.5 458.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 458.85 m 285.5 458.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 444.85 m 285.5 444.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 285.5 458.85 m 311.5 458.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 444.85 m 311.5 444.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 311.5 458.85 m 355.5 458.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 444.85 m 355.5 444.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 355.5 458.85 m 381.5 458.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 444.85 m 381.5 444.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 381.5 458.85 m 425.5 458.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 444.85 m 425.5 444.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 425.5 458.85 m 436.5 458.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 444.85 m 436.5 444.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 436.5 458.85 m 462.5 458.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 444.85 m 462.5 444.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 462.5 458.85 m 506.5 458.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 444.85 m 506.5 444.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 506.5 458.85 m 532.5 458.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 444.85 m 532.5 444.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 532.5 458.85 m 576.5 458.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532.5 444.85 m 576.5 444.85 l s BT /F4 9.00 Tf ET q 0 0 0 rg BT 39.00 608.50 Td (\($ thousands\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 39.00 597.25 Td (\(Unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.95 612.25 Td (Three months ended June 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.95 612.25 Td (Six months ended June 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 331.95 597.25 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 401.95 597.25 Td (2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 482.95 597.25 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 552.95 597.25 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 583.80 Td (Net earnings) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 314.00 583.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.45 583.25 Td (37,342) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 384.00 583.25 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 394.45 583.25 Td (31,381) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 465.00 583.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.45 583.25 Td (67,447) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 535.00 583.25 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 545.45 583.25 Td (73,650) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 569.80 Td (Income taxes) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.45 569.25 Td (14,120) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 394.45 569.25 Td (11,639) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.45 569.25 Td (26,100) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 545.45 569.25 Td (27,433) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 555.80 Td (Earnings before income taxes) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 314.00 555.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.45 555.25 Td (51,462) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 384.00 555.25 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 394.45 555.25 Td (43,020) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 465.00 555.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.45 555.25 Td (93,547) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 535.00 555.25 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 540.45 555.25 Td (101,083) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 541.80 Td (Interest expense and other financing costs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.45 541.25 Td (1,345) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 399.45 541.25 Td (1,211) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.45 541.25 Td (2,572) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 541.25 Td (2,317) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 527.65 Td (Items included in other expense \(income\) not considered) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 516.40 Td (representative of ongoing operations) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.95 516.25 Td (360) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 399.45 516.25 Td (2,402) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.45 516.25 Td (3,839) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 516.25 Td (2,840) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 502.80 Td (Restructuring and other related costs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.45 502.25 Td (4,986) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 406.95 502.25 Td (585) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.45 502.25 Td (11,476) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 502.25 Td (1,802) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 488.65 Td (Change in the fair value of biological assets and unrealized) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 477.40 Td (loss on futures contracts) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.45 477.25 Td (16,081) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 394.45 477.25 Td (13,049) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.45 477.25 Td (22,605) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 477.25 Td (5,654) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 463.80 Td (Depreciation and amortization) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.45 463.25 Td (29,069) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 394.45 463.25 Td (27,610) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.45 463.25 Td (57,131) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 545.45 463.25 Td (55,641) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 447.80 Td (Adjusted EBITDA) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 314.00 449.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 319.45 449.25 Td (103,303) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 384.00 449.25 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 394.45 449.25 Td (87,877) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 465.00 449.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.45 449.25 Td (191,170) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 535.00 449.25 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 540.45 449.25 Td (169,337) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 430.05 Td (Free Cash Flow) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 102.52 430.05 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 414.75 Td (Free Cash Flow) Tj ET Q q 0 0 0 rg BT 99.02 414.75 Td (, a non-IFRS measure, is used by Management to evaluate cash flow after investing in the maintenance or expansion of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 403.95 Td (the Company's asset base. It is defined as cash provided by \(used in\) operations, less additions to long-term assets. ) Tj ET Q q 0 0 0 rg BT 500.80 403.95 Td (The following table ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 393.15 Td (calculates Free Cash Flow for the periods indicated below) Tj ET Q q 0 0 0 rg BT 266.12 393.15 Td (.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 367.65 m 311.5 367.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 367.65 m 355.5 367.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 367.65 m 381.5 367.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 367.65 m 425.5 367.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 367.65 m 436.5 367.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 367.65 m 462.5 367.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 367.65 m 506.5 367.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 367.65 m 532.5 367.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532.5 367.65 m 576.5 367.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 352.65 m 285.5 352.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 367.65 m 311.5 367.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 352.65 m 311.5 352.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 367.65 m 355.5 367.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 352.65 m 355.5 352.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 367.65 m 381.5 367.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 352.65 m 381.5 352.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 367.65 m 425.5 367.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 352.65 m 425.5 352.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 367.65 m 436.5 367.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 352.65 m 436.5 352.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 367.65 m 462.5 367.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 352.65 m 462.5 352.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 367.65 m 506.5 367.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 352.65 m 506.5 352.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 367.65 m 532.5 367.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 352.65 m 532.5 352.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532.5 367.65 m 576.5 367.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532.5 352.65 m 576.5 352.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 352.65 m 285.5 352.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 352.65 m 311.5 352.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 352.65 m 355.5 352.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 352.65 m 381.5 352.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 352.65 m 425.5 352.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 352.65 m 436.5 352.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 352.65 m 462.5 352.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 352.65 m 506.5 352.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 352.65 m 532.5 352.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532.5 352.65 m 576.5 352.65 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 311.5 324.65 m 355.5 324.65 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 381.5 324.65 m 425.5 324.65 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 462.5 324.65 m 506.5 324.65 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 532.5 324.65 m 576.5 324.65 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 324.65 m 285.5 324.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 310.65 m 285.5 310.65 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 285.5 324.65 m 311.5 324.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 310.65 m 311.5 310.65 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 311.5 324.65 m 355.5 324.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 310.65 m 355.5 310.65 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 355.5 324.65 m 381.5 324.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 310.65 m 381.5 310.65 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 381.5 324.65 m 425.5 324.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 310.65 m 425.5 310.65 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 425.5 324.65 m 436.5 324.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 310.65 m 436.5 310.65 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 436.5 324.65 m 462.5 324.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 310.65 m 462.5 310.65 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 462.5 324.65 m 506.5 324.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 310.65 m 506.5 310.65 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 506.5 324.65 m 532.5 324.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 310.65 m 532.5 310.65 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 532.5 324.65 m 576.5 324.65 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532.5 310.65 m 576.5 310.65 l s BT /F4 9.00 Tf ET q 0 0 0 rg BT 39.00 368.30 Td (\($ thousands\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 39.00 357.05 Td (\(Unaudited\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.95 372.05 Td (Three months ended June 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.95 372.05 Td (Six months ended June 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 331.95 357.05 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 401.95 357.05 Td (2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 482.95 357.05 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 552.95 357.05 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 343.05 Td (Cash provided by operating activities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 314.00 343.05 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.45 343.05 Td (42,132) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 384.00 343.05 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 394.45 343.05 Td (63,406) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 465.00 343.05 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.45 343.05 Td (97,140) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 535.00 343.05 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 540.45 343.05 Td (108,843) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 329.60 Td (Additions to long-term assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 321.45 329.05 Td (\(26,982) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 352.00 329.05 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 391.45 329.05 Td (\(27,178) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 422.00 329.05 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 472.45 329.05 Td (\(47,237) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.00 329.05 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 542.45 329.05 Td (\(47,453) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 573.00 329.05 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 315.60 Td (Free Cash Flow) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 314.00 315.05 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.45 315.05 Td (15,150) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 384.00 315.05 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 394.45 315.05 Td (36,228) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 465.00 315.05 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.45 315.05 Td (49,903) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 535.00 315.05 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 545.45 315.05 Td (61,390) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 288.35 Td (FOR) Tj ET Q q 0 0 0 rg BT 54.83 288.35 Td (W) Tj ET Q q 0 0 0 rg BT 62.83 288.35 Td (ARD-LOOKING ST) Tj ET Q q 0 0 0 rg BT 140.66 288.35 Td (A) Tj ET Q q 0 0 0 rg BT 146.49 288.35 Td (TEMENTS) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 189.49 288.35 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 273.05 Td (This document contains, and the Company) Tj ET Q q 0 0 0 rg BT 208.93 273.05 Td (s oral and written public communications often contain, forward-looking information within ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 262.25 Td (the meaning of applicable securities law) Tj ET Q q 0 0 0 rg BT 194.59 262.25 Td (. ) Tj ET Q q 0 0 0 rg BT 199.43 262.25 Td (These statements are based on current expectations, estimates, forecasts, and projections ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 251.45 Td (about the industries in which the Company operates, as well as beliefs and assumptions made by Management of the Company) Tj ET Q q 0 0 0 rg BT 544.12 251.45 Td (. Such ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 240.65 Td (statements include, but are not limited to, statements with respect to objectives and goals, in addition to statements with respect to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 229.85 Td (beliefs, plans, objectives, expectations, anticipations, estimates, and intentions. Specific forward-looking information in this document ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 219.05 Td (includes, but is not limited to, statements with respect to: the increases in operating ef) Tj ET Q q 0 0 0 rg BT 376.51 219.05 Td (ficiencies and cost reductions; expectations ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 208.25 Td (regarding the use of derivatives, futures and options; expectations regarding improving ef) Tj ET Q q 0 0 0 rg BT 390.55 208.25 Td (ficiencies; the expected use of cash balances; ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 197.45 Td (source of funds for ongoing business requirements; capital investments and expectations regarding capital expenditures; expectations ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 186.65 Td (regarding the implementation of environmental sustainability initiatives; expectations regarding the adoption of new accounting ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 175.85 Td (standards and the impact of such adoption on financial position; expectations regarding pension plan performance and future pension ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 165.05 Td (plan liabilities and contributions; expectations regarding levels of credit risk; and expectations regarding outcomes of legal actions. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 154.25 Td (W) Tj ET Q q 0 0 0 rg BT 44.33 154.25 Td (ords such 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 36.00 143.45 Td (expressions are intended to identify such forward-looking information. ) Tj ET Q q 0 0 0 rg BT 314.99 143.45 Td (These statements are not guarantees of future performance and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 132.65 Td (involve assumptions, risks, and uncertainties that are dif) Tj ET Q q 0 0 0 rg BT 258.95 132.65 Td (ficult to predict. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 326.98 132.65 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 117.35 Td (In addition, these statements and expectations concerning the performance of the Company) Tj ET Q q 0 0 0 rg BT 404.06 117.35 Td (s business in general are based on a ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 106.55 Td (number of factors and assumptions including, but not limited to: the condition of the Canadian, U.S., and Japanese economies; the rate ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 95.75 Td (of exchange of the Canadian dollar to the U.S. dollar) Tj ET Q q 0 0 0 rg BT 244.64 95.75 Td (, and the Japanese yen; the availability and prices of raw materials, energy and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 84.95 Td (supplies; product pricing; the availability of insurance; the competitive environment and related market conditions; improvement of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 74.15 Td (operating ef) Tj ET Q q 0 0 0 rg BT 83.37 74.15 Td (ficiencies; continued access to capital; the cost of compliance with environmental and health standards; no adverse results ) Tj ET Q endstream endobj 25 0 obj <> endobj 26 0 obj <> stream BT /F2 6.50 Tf ET q 0 0 0 rg BT 299.90 764.95 Td ( MANAGEMENT'S DISCUSSION ) Tj ET Q q 0 0 0 rg BT 398.71 764.95 Td (AND ) Tj ET Q q 0 0 0 rg BT 414.36 764.95 Td (ANAL) Tj ET Q q 0 0 0 rg BT 431.82 764.95 Td (YSIS ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 448.44 764.95 Td (| Q2 2017 | MAPLE LEAF FOODS INC. ) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 302.10 50.20 Td (1) Tj ET Q q 0 0 0 rg BT 305.71 50.20 Td (1) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 713.45 Td (from ongoing litigation; no unexpected actions of domestic and foreign governments; and the general assumption that none of the risks ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 702.65 Td (identified below or elsewhere in this document will materialize. ) Tj ET Q q 0 0 0 rg BT 285.62 702.65 Td (All of these assumptions have been derived from information currently ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 691.85 Td (available to the Company) Tj ET Q q 0 0 0 rg BT 136.89 691.85 Td (, including information obtained by the Company from third-party sources. ) Tj ET Q q 0 0 0 rg BT 431.88 691.85 Td (These assumptions may prove to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 681.05 Td (be incorrect in whole or in part. In addition, actual results may dif) Tj ET Q q 0 0 0 rg BT 292.46 681.05 Td (fer materially from those expressed, implied, or forecasted in such ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 670.25 Td (forward-looking information, which reflect the Company) Tj ET Q q 0 0 0 rg BT 257.44 670.25 Td (s expectations only as of the date hereof. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 426.54 670.25 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 654.95 Td (Factors that could cause actual results or outcomes to dif) Tj ET Q q 0 0 0 rg BT 263.45 654.95 Td (fer materially from the results expressed, implied, or forecasted by forward-) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 644.15 Td (looking information include, among other things: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 232.11 644.15 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.00 632.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 632.15 Td (risks associated with the Company focusing solely on the protein business; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.00 615.65 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 615.65 Td (risks related to the Company's decisions regarding any potential return of capital to shareholders; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.00 599.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 599.15 Td (risks associated with the concentration of production in fewer facilities; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.00 582.65 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 582.65 Td (risks associated with the availability of capital; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.00 566.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 566.15 Td (risks associated with changes in the Company) Tj ET Q q 0 0 0 rg BT 260.43 566.15 Td (s information systems and processes; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.00 549.65 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 549.65 Td (risks associated with cyber threats; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.00 533.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 533.15 Td (risks posed by food contamination, consumer liability) Tj ET Q q 0 0 0 rg BT 283.43 533.15 Td (, and product recalls; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.00 516.65 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 516.65 Td (risks associated with acquisitions, divestitures, and capital expansion projects; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.00 500.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 500.15 Td (impact on pension expense and funding requirements of fluctuations in the market prices of fixed income and equity securities ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 489.35 Td (and changes in interest rates; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.00 472.85 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 472.85 Td (cyclical nature of the cost and supply of hogs and the competitive nature of the pork market generally; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.00 456.35 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 456.35 Td (risks related to the health status of livestock; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.00 439.85 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 439.85 Td (impact of a pandemic on the Company) Tj ET Q q 0 0 0 rg BT 229.92 439.85 Td (s operations; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.00 423.35 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 423.35 Td (the Company) Tj ET Q q 0 0 0 rg BT 129.37 423.35 Td (s exposure to currency exchange risks; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.00 406.85 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 406.85 Td (ability of the Company to hedge against the ef) Tj ET Q q 0 0 0 rg BT 256.96 406.85 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 74.00 396.05 Td (options; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.00 379.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 379.55 Td (impact of changes in the market value of the biological assets and hedging instruments; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.00 363.05 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 363.05 Td (risks associated with the supply management system for poultry in Canada; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.00 346.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 346.55 Td (risks associated with the use of contract manufacturers; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.00 330.05 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 330.05 Td (impact of international events on commodity prices and the free flow of goods; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.00 313.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 313.55 Td (risks posed by compliance with extensive government regulation; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.00 297.05 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 297.05 Td (risks posed by litigation; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.00 280.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 280.55 Td (impact of changes in consumer tastes and buying patterns;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.00 264.05 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 264.05 Td (impact of extensive environmental regulation and potential environmental liabilities; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.00 247.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 247.55 Td (risks associated with a consolidating retail environment; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.00 231.05 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 231.05 Td (risks posed by competition; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.00 214.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 214.55 Td (risks associated with complying with dif) Tj ET Q q 0 0 0 rg BT 229.90 214.55 Td (fering employment laws and practices, the potential for work stoppages due to non-) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 203.75 Td (renewal of collective agreements, and recruiting and retaining qualified personnel; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.00 187.25 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 187.25 Td (risks associated with pricing the Company) Tj ET Q q 0 0 0 rg BT 243.41 187.25 Td (s products; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.00 170.75 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 170.75 Td (risks associated with managing the Company) Tj ET Q q 0 0 0 rg BT 256.43 170.75 Td (s supply chain; and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.00 154.25 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 154.25 Td (risks associated with failing to identify and manage the strategic risks facing the Company) Tj ET Q q 0 0 0 rg BT 430.51 154.25 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 138.95 Td (The Company cautions the reader that the foregoing list of factors is not exhaustive. ) Tj ET Q q 0 0 0 rg BT 372.02 138.95 Td (These factors are discussed in more detail under ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 128.15 Td (the heading Risk Factors in the Company's Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 340.08 128.15 Td (Analysis for the fiscal year ended December 31, 2016 that ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 117.35 Td (is available on SEDAR at www) Tj ET Q q 0 0 0 rg BT 158.05 117.35 Td (.sedar) Tj ET Q q 0 0 0 rg BT 182.57 117.35 Td (.com. ) Tj ET Q q 0 0 0 rg BT 206.91 117.35 Td (The reader should review such section in detail. Some of the forward-looking information ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 106.55 Td (may be considered to be financial outlooks for purposes of applicable securities legislation including, but not limited to, statements ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 95.75 Td (concerning future capital expenditures. ) Tj ET Q q 0 0 0 rg BT 192.93 95.75 Td (These financial outlooks are presented to evaluate anticipated future uses of cash flows, and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 84.95 Td (may not be appropriate for other purposes and readers should not assume they will be achieved. ) Tj ET Q q 0 0 0 rg BT 423.07 84.95 Td (The Company does not intend to, and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 74.15 Td (the Company disclaims any obligation to, update any forward-looking information, whether written or oral, or whether as a result of new ) Tj ET Q endstream endobj 27 0 obj <> endobj 28 0 obj <> stream BT /F2 6.50 Tf ET q 0 0 0 rg BT 299.90 764.95 Td ( MANAGEMENT'S DISCUSSION ) Tj ET Q q 0 0 0 rg BT 398.71 764.95 Td (AND ) Tj ET Q q 0 0 0 rg BT 414.36 764.95 Td (ANAL) Tj ET Q q 0 0 0 rg BT 431.82 764.95 Td (YSIS ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 448.44 764.95 Td (| Q2 2017 | MAPLE LEAF FOODS INC. ) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 301.80 50.20 Td (12) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 713.45 Td (information, future events or otherwise, except as required by law) Tj ET Q q 0 0 0 rg BT 295.63 713.45 Td (. ) Tj ET Q q 0 0 0 rg BT 300.14 713.45 Td (Additional information concerning the Company) Tj ET Q q 0 0 0 rg BT 488.58 713.45 Td (, including the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 702.65 Td (Company) Tj ET Q q 0 0 0 rg BT 76.35 702.65 Td (s ) Tj ET Q q 0 0 0 rg BT 82.86 702.65 Td (Annual Information Form is available on SEDAR at www) Tj ET Q q 0 0 0 rg BT 306.46 702.65 Td (.sedar) Tj ET Q q 0 0 0 rg BT 330.97 702.65 Td (.com. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 360.00 702.65 Td ( ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 687.35 Td (About Maple Leaf Foods Inc.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 672.05 Td (Maple Leaf Foods Inc. is a leading consumer protein company) Tj ET Q q 0 0 0 rg BT 283.47 672.05 Td (, making high quality) Tj ET Q q 0 0 0 rg BT 364.85 672.05 Td (, innovative products under national brands including ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 661.25 Td (Maple Leaf, Maple Leaf Prime, Maple Leaf Natural Selections, Schneiders, SchneidersCountry Naturals, Mina and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 650.45 Td (Lightlife. Maple Leaf employs approximately 1) Tj ET Q q 0 0 0 rg BT 224.56 650.45 Td (1,500 people and does business in Canada, the U.S. and ) Tj ET Q q 0 0 0 rg BT 454.73 650.45 Td (Asia. ) Tj ET Q q 0 0 0 rg BT 477.08 650.45 Td (The Company is ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 639.65 Td (headquartered in Mississauga, Ontario and its shares trade on the ) Tj ET Q q 0 0 0 rg BT 301.99 639.65 Td (T) Tj ET Q q 0 0 0 rg BT 306.49 639.65 Td (oronto Stock Exchange \(MFI\). ) Tj ET Q endstream endobj 29 0 obj <> endobj 30 0 obj <> stream BT /F2 6.50 Tf ET q 0 0 0 rg BT 319.15 764.45 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 357.67 764.45 Td (TED INTERIM BALANCE SHEETS) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 460.59 764.45 Td ( | Q2 2017 | MAPLE LEAF FOODS INC.) Tj ET Q BT /F3 18.00 Tf ET q 0 0 0 rg BT 58.50 730.85 Td (Consolidated Interim Balance Sheets) Tj ET Q BT /F3 16.00 Tf ET q 0 0 0 rg BT 354.67 730.85 Td ( ) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 301.80 23.20 Td (13) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 694.5 m 248.5 694.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 694.5 m 282.5 694.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 694.5 m 319.5 694.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 694.5 m 373.5 694.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 694.5 m 413.5 694.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 694.5 m 467.5 694.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467.5 694.5 m 508.5 694.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 694.5 m 562.5 694.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 530.5 m 248.5 530.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 248.5 530.5 m 282.5 530.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 282.5 530.5 m 319.5 530.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 319.5 530.5 m 373.5 530.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 373.5 530.5 m 413.5 530.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 413.5 530.5 m 467.5 530.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 467.5 530.5 m 508.5 530.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 508.5 530.5 m 562.5 530.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 467.5 530.5 m 508.5 530.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 508.5 530.5 m 562.5 530.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 282.5 418.5 m 319.5 418.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 319.5 418.5 m 373.5 418.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 373.5 418.5 m 413.5 418.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 413.5 418.5 m 467.5 418.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 467.5 418.5 m 508.5 418.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 508.5 418.5 m 562.5 418.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 418.5 m 248.5 418.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 406.5 m 248.5 406.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 248.5 418.5 m 282.5 418.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 406.5 m 282.5 406.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 406.5 m 319.5 406.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 406.5 m 373.5 406.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 406.5 m 413.5 406.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 406.5 m 467.5 406.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 467.5 418.5 m 508.5 418.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467.5 406.5 m 508.5 406.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 508.5 418.5 m 562.5 418.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 406.5 m 562.5 406.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 294.5 m 248.5 294.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 248.5 294.5 m 282.5 294.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 282.5 294.5 m 319.5 294.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 319.5 294.5 m 373.5 294.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 373.5 294.5 m 413.5 294.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 413.5 294.5 m 467.5 294.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 467.5 294.5 m 508.5 294.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 508.5 294.5 m 562.5 294.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 248.5 210.5 m 282.5 210.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 210.5 m 248.5 210.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 196.5 m 248.5 196.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 248.5 210.5 m 282.5 210.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 248.5 196.5 m 282.5 196.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 282.5 210.5 m 319.5 210.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 282.5 196.5 m 319.5 196.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 319.5 210.5 m 373.5 210.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 319.5 196.5 m 373.5 196.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 373.5 210.5 m 413.5 210.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 373.5 196.5 m 413.5 196.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 413.5 210.5 m 467.5 210.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 413.5 196.5 m 467.5 196.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 467.5 210.5 m 508.5 210.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 467.5 196.5 m 508.5 196.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 508.5 210.5 m 562.5 210.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 508.5 196.5 m 562.5 196.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 98.5 m 248.5 98.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 248.5 98.5 m 282.5 98.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 282.5 98.5 m 319.5 98.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 319.5 98.5 m 373.5 98.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 373.5 98.5 m 413.5 98.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 413.5 98.5 m 467.5 98.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 467.5 98.5 m 508.5 98.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 508.5 98.5 m 562.5 98.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 84.5 m 248.5 84.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 248.5 84.5 m 282.5 84.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 282.5 84.5 m 319.5 84.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 319.5 84.5 m 373.5 84.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 373.5 84.5 m 413.5 84.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 413.5 84.5 m 467.5 84.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 467.5 84.5 m 508.5 84.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 508.5 84.5 m 562.5 84.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 70.5 m 248.5 70.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 70.5 m 282.5 70.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 70.5 m 319.5 70.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 70.5 m 373.5 70.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 70.5 m 413.5 70.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 70.5 m 467.5 70.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467.5 70.5 m 508.5 70.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 70.5 m 562.5 70.5 l s BT /F4 9.00 Tf ET q 0 0 0 rg BT 57.00 698.90 Td (\(In thousands of Canadian dollars\)) Tj ET Q BT /F5 9.00 Tf ET q 0 0 0 rg BT 253.00 698.90 Td (Notes) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 309.45 710.15 Td (As at June 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 349.95 698.90 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 406.45 710.15 Td (As at June 30,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 443.95 698.90 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 479.45 710.15 Td (As at December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 538.95 698.90 Td (2016) Tj ET Q BT /F5 9.00 Tf ET q 0 0 0 rg BT 320.00 684.90 Td (\(Unaudited\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 416.95 684.90 Td (\(Unaudited\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 426.65 672.18 Td (\(Restated\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 425.30 660.18 Td (\(Note 2\(d\)\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 645.45 Td (ASSETS) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 632.90 Td (Current assets) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 618.90 Td (Cash and cash equivalents) Tj ET Q BT /F5 9.00 Tf ET q 0 0 0 rg BT 262.45 618.90 Td (3) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.00 618.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 337.45 618.90 Td (104,820) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 416.00 618.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 431.45 618.90 Td (312,757) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 511.00 618.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 526.45 618.90 Td (403,621) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 604.90 Td (Accounts receivable) Tj ET Q BT /F5 9.00 Tf ET q 0 0 0 rg BT 262.45 604.90 Td (4) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 337.45 604.90 Td (140,474) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 436.45 604.90 Td (70,014) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 526.45 604.90 Td (127,749) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 590.90 Td (Notes receivable) Tj ET Q BT /F5 9.00 Tf ET q 0 0 0 rg BT 262.45 590.90 Td (4) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 342.45 590.90 Td (42,410) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 431.45 590.90 Td (103,115) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 531.45 590.90 Td (32,485) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 576.90 Td (Inventories) Tj ET Q BT /F5 9.00 Tf ET q 0 0 0 rg BT 262.45 576.90 Td (5) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 337.45 576.90 Td (305,942) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 431.45 576.90 Td (282,258) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 526.45 576.90 Td (261,719) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 562.90 Td (Biological assets) Tj ET Q BT /F5 9.00 Tf ET q 0 0 0 rg BT 262.45 562.90 Td (6) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 337.45 562.90 Td (107,958) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 431.45 562.90 Td (105,568) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 526.45 562.90 Td (111,445) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 548.90 Td (Prepaid expenses and other assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 342.45 548.90 Td (54,225) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 436.45 548.90 Td (36,599) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 531.45 548.90 Td (30,372) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 534.90 Td (Assets held for sale) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 347.45 534.90 Td (5,251) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 441.45 534.90 Td (4,842) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 536.45 534.90 Td (4,837) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.00 520.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 337.45 520.90 Td (761,080) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 416.00 520.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 431.45 520.90 Td (915,153) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 511.00 520.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 526.45 520.90 Td (972,228) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 506.90 Td (Property and equipment) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.95 506.90 Td (1,097,249) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.95 506.90 Td (1,078,100) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 518.95 506.90 Td (1,085,275) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 492.90 Td (Investment property) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 347.45 492.90 Td (1,910) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 441.45 492.90 Td (2,073) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 536.45 492.90 Td (1,929) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 478.90 Td (Employee benefits) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 347.45 478.90 Td (1,357) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 436.45 478.90 Td (52,359) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 531.45 478.90 Td (10,311) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 464.90 Td (Other long-term assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 347.45 464.90 Td (5,452) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 441.45 464.90 Td (6,796) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 536.45 464.90 Td (6,557) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 450.90 Td (Deferred tax asset) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 361.00 450.90 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 436.45 450.90 Td (37,982) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.00 450.90 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 436.90 Td (Goodwill) Tj ET Q BT /F5 9.00 Tf ET q 0 0 0 rg BT 259.95 436.90 Td (17) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 337.45 436.90 Td (557,219) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 431.45 436.90 Td (428,236) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 526.45 436.90 Td (428,236) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 422.90 Td (Intangible assets) Tj ET Q BT /F5 9.00 Tf ET q 0 0 0 rg BT 259.95 422.90 Td (17) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 337.45 422.90 Td (160,221) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 431.45 422.90 Td (131,021) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 526.45 422.90 Td (128,085) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 409.45 Td (Total assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.00 409.45 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.95 409.45 Td (2,584,488) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 416.00 409.45 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.95 409.45 Td (2,651,720) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 511.00 409.45 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 518.95 409.45 Td (2,632,621) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 381.45 Td (LIABILITIES AND EQUITY) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 368.90 Td (Current liabilities) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 354.90 Td (Accounts payable and accruals) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.00 354.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 337.45 354.90 Td (272,865) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 416.00 354.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 431.45 354.90 Td (248,173) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 511.00 354.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 526.45 354.90 Td (256,163) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 340.90 Td (Provisions) Tj ET Q BT /F5 9.00 Tf ET q 0 0 0 rg BT 262.45 340.90 Td (7) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 342.45 340.90 Td (13,906) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 436.45 340.90 Td (19,517) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 531.45 340.90 Td (11,889) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 326.90 Td (Current portion of long-term debt) Tj ET Q BT /F5 9.00 Tf ET q 0 0 0 rg BT 262.45 326.90 Td (8) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 354.95 326.90 Td (881) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 448.95 326.90 Td (729) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 543.95 326.90 Td (794) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 312.90 Td (Income taxes payable) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 347.45 312.90 Td (6,540) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 441.45 312.90 Td (8,127) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 536.45 312.90 Td (9,544) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 298.90 Td (Other current liabilities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 342.45 298.90 Td (45,707) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 436.45 298.90 Td (14,375) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 531.45 298.90 Td (96,857) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.00 284.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 337.45 284.90 Td (339,899) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 416.00 284.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 431.45 284.90 Td (290,921) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 511.00 284.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 526.45 284.90 Td (375,247) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 270.90 Td (Long-term debt) Tj ET Q BT /F5 9.00 Tf ET q 0 0 0 rg BT 262.45 270.90 Td (8) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 347.45 270.90 Td (8,969) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 441.45 270.90 Td (9,766) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 536.45 270.90 Td (9,119) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 256.90 Td (Employee benefits) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 337.45 256.90 Td (118,978) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 431.45 256.90 Td (237,892) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 526.45 256.90 Td (108,730) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 242.90 Td (Provisions) Tj ET Q BT /F5 9.00 Tf ET q 0 0 0 rg BT 262.45 242.90 Td (7) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 342.45 242.90 Td (14,710) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 436.45 242.90 Td (13,755) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 531.45 242.90 Td (16,555) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 228.90 Td (Other long-term liabilities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 342.45 228.90 Td (13,084) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 436.45 228.90 Td (16,959) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 531.45 228.90 Td (12,654) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 214.90 Td (Deferred tax liability) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 342.45 214.90 Td (40,756) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 455.00 214.90 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 531.45 214.90 Td (22,293) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 200.90 Td (Total liabilities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.00 200.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 337.45 200.90 Td (536,396) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 416.00 200.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 431.45 200.90 Td (569,293) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 511.00 200.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 526.45 200.90 Td (544,598) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 172.90 Td (Shareholders equity) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 158.90 Td (Share capital) Tj ET Q BT /F5 9.00 Tf ET q 0 0 0 rg BT 262.45 158.90 Td (9) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.00 158.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 337.45 158.90 Td (847,326) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 416.00 158.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 431.45 158.90 Td (884,431) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 511.00 158.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 526.45 158.90 Td (853,633) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 144.90 Td (Retained earnings) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.95 144.90 Td (1,213,935) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.95 144.90 Td (1,185,999) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 518.95 144.90 Td (1,247,737) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 130.90 Td (Contributed surplus) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 361.00 130.90 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 436.45 130.90 Td (12,314) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.00 130.90 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 116.90 Td (Accumulated other comprehensive income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 347.45 116.90 Td (1,792) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 441.45 116.90 Td (7,332) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 536.45 116.90 Td (1,619) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 102.90 Td (Treasury stock) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.45 102.90 Td (\(14,961) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 370.00 102.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.45 102.90 Td (\(7,649) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 464.00 102.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 528.45 102.90 Td (\(14,966) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 559.00 102.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 88.90 Td (Total shareholders equity) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.00 88.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.95 88.90 Td (2,048,092) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 416.00 88.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.95 88.90 Td (2,082,427) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 511.00 88.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 518.95 88.90 Td (2,088,023) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 74.90 Td (Total liabilities and equity) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.00 74.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.95 74.90 Td (2,584,488) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 416.00 74.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.95 74.90 Td (2,651,720) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 511.00 74.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 518.95 74.90 Td (2,632,621) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 55.20 Td (See accompanying Notes to the Unaudited Condensed Consolidated Interim Financial Statements. ) Tj ET Q endstream endobj 31 0 obj <> endobj 32 0 obj <> stream BT /F2 6.50 Tf ET q 0 0 0 rg BT 273.90 764.95 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 312.42 764.95 Td (TED INTERIM ST) Tj ET Q q 0 0 0 rg BT 363.58 764.95 Td (A) Tj ET Q q 0 0 0 rg BT 367.79 764.95 Td (TEMENTS OF NET EARNINGS ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 462.41 764.95 Td (| Q2 2017 | MAPLE LEAF FOODS INC.) Tj ET Q BT /F3 18.00 Tf ET q 0 0 0 rg BT 54.00 731.35 Td (Consolidated Interim Statements of Net Earnings) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 301.80 50.20 Td (14) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 688.6 m 360.5 688.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 688.6 m 383.5 688.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.5 688.6 m 437.5 688.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 688.6 m 452.5 688.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 688.6 m 506.5 688.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 688.6 m 522.5 688.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 688.6 m 576.5 688.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 674.6 m 267.5 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 674.6 m 304.5 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 674.6 m 360.5 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 674.6 m 383.5 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.5 674.6 m 437.5 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 674.6 m 452.5 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 674.6 m 506.5 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 674.6 m 522.5 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 674.6 m 576.5 674.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 632.6 m 267.5 632.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 267.5 632.6 m 304.5 632.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 304.5 632.6 m 360.5 632.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 360.5 632.6 m 383.5 632.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 383.5 632.6 m 437.5 632.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 437.5 632.6 m 452.5 632.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 452.5 632.6 m 506.5 632.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 506.5 632.6 m 522.5 632.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 522.5 632.6 m 576.5 632.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 604.6 m 267.5 604.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 267.5 604.6 m 304.5 604.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 304.5 604.6 m 360.5 604.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 360.5 604.6 m 383.5 604.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 383.5 604.6 m 437.5 604.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 437.5 604.6 m 452.5 604.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 452.5 604.6 m 506.5 604.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 506.5 604.6 m 522.5 604.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 522.5 604.6 m 576.5 604.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 562.6 m 267.5 562.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 267.5 562.6 m 304.5 562.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 304.5 562.6 m 360.5 562.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 360.5 562.6 m 383.5 562.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 383.5 562.6 m 437.5 562.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 437.5 562.6 m 452.5 562.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 452.5 562.6 m 506.5 562.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 506.5 562.6 m 522.5 562.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 522.5 562.6 m 576.5 562.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 534.6 m 267.5 534.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 267.5 534.6 m 304.5 534.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 304.5 534.6 m 360.5 534.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 360.5 534.6 m 383.5 534.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 383.5 534.6 m 437.5 534.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 437.5 534.6 m 452.5 534.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 452.5 534.6 m 506.5 534.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 506.5 534.6 m 522.5 534.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 522.5 534.6 m 576.5 534.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 54.5 506.6 m 267.5 506.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 267.5 506.6 m 304.5 506.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 304.5 506.6 m 360.5 506.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 360.5 506.6 m 383.5 506.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 383.5 506.6 m 437.5 506.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 437.5 506.6 m 452.5 506.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 452.5 506.6 m 506.5 506.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 506.5 506.6 m 522.5 506.6 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 522.5 506.6 m 576.5 506.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 492.6 m 267.5 492.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 492.6 m 304.5 492.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 492.6 m 360.5 492.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 492.6 m 383.5 492.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.5 492.6 m 437.5 492.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 492.6 m 452.5 492.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 492.6 m 506.5 492.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 492.6 m 522.5 492.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 492.6 m 576.5 492.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 436.6 m 267.5 436.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 436.6 m 304.5 436.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 436.6 m 360.5 436.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 436.6 m 383.5 436.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.5 436.6 m 437.5 436.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 436.6 m 452.5 436.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 436.6 m 506.5 436.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 436.6 m 522.5 436.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 436.6 m 576.5 436.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 394.6 m 267.5 394.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 394.6 m 304.5 394.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 394.6 m 360.5 394.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 394.6 m 383.5 394.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.5 394.6 m 437.5 394.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 394.6 m 452.5 394.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 394.6 m 506.5 394.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 394.6 m 522.5 394.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 394.6 m 576.5 394.6 l s BT /F4 8.00 Tf ET q 0 0 0 rg BT 57.00 688.78 Td (\(In thousands of Canadian dollars, except share amounts\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 57.00 678.78 Td (\(Unaudited\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 314.00 692.91 Td (Three months ended June 30,) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 463.40 692.91 Td (Six months ended June 30,) Tj ET Q BT /F5 8.50 Tf ET q 0 0 0 rg BT 270.10 678.91 Td ( Notes) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.95 679.00 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 413.95 679.00 Td (2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 482.95 679.00 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 552.95 679.00 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 651.00 Td (Sales) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 307.00 651.00 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.45 651.00 Td (925,873) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 386.00 651.00 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 401.45 651.00 Td (854,646) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.00 651.00 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.95 651.00 Td (1,737,058) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 525.00 651.00 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 532.95 651.00 Td (1,651,535) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 637.00 Td (Cost of goods sold) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.45 637.00 Td (778,195) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 401.45 637.00 Td (727,762) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.95 637.00 Td (1,455,684) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 532.95 637.00 Td (1,386,394) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 623.00 Td (Gross margin) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 307.00 623.00 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.45 623.00 Td (147,678) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 386.00 623.00 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 401.45 623.00 Td (126,884) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.00 623.00 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.45 623.00 Td (281,374) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 525.00 623.00 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 540.45 623.00 Td (265,141) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 609.00 Td (Selling, general and administrative expenses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.45 609.00 Td (88,753) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 406.45 609.00 Td (79,467) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.45 609.00 Td (169,943) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 540.45 609.00 Td (156,747) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 595.00 Td (Earnings before the following:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 307.00 595.00 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.45 595.00 Td (58,925) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 386.00 595.00 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 406.45 595.00 Td (47,417) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.00 595.00 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.45 595.00 Td (111,431) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 525.00 595.00 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 540.45 595.00 Td (108,394) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 581.00 Td (Restructuring and other related costs) Tj ET Q BT /F5 9.00 Tf ET q 0 0 0 rg BT 282.95 581.00 Td (7) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 331.45 581.00 Td (\(4,986) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.00 581.00 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 415.95 581.00 Td (\(585) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 434.00 581.00 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 472.45 581.00 Td (\(11,476) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.00 581.00 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 547.45 581.00 Td (\(1,802) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 573.00 581.00 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 567.00 Td (Other income \(expense\)) Tj ET Q BT /F5 9.00 Tf ET q 0 0 0 rg BT 280.80 567.00 Td (11) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 331.45 567.00 Td (\(1,132) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.00 567.00 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 408.45 567.00 Td (\(2,601) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 434.00 567.00 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 477.45 567.00 Td (\(3,836) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.00 567.00 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 547.45 567.00 Td (\(3,192) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 573.00 567.00 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 553.00 Td (Earnings before interest and income taxes) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 307.00 553.00 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.45 553.00 Td (52,807) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 386.00 553.00 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 406.45 553.00 Td (44,231) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.00 553.00 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.45 553.00 Td (96,119) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 525.00 553.00 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 540.45 553.00 Td (103,400) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 539.00 Td (Interest expense and other financing costs) Tj ET Q BT /F5 9.00 Tf ET q 0 0 0 rg BT 280.45 539.00 Td (12) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 334.45 539.00 Td (1,345) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 411.45 539.00 Td (1,211) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.45 539.00 Td (2,572) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 539.00 Td (2,317) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 525.00 Td (Earnings before income taxes) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 307.00 525.00 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.45 525.00 Td (51,462) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 386.00 525.00 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 406.45 525.00 Td (43,020) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.00 525.00 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.45 525.00 Td (93,547) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 525.00 525.00 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 540.45 525.00 Td (101,083) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 511.00 Td (Income taxes) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.45 511.00 Td (14,120) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 406.45 511.00 Td (11,639) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.45 511.00 Td (26,100) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 545.45 511.00 Td (27,433) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 497.00 Td (Net earnings) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 307.00 497.00 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.45 497.00 Td (37,342) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 386.00 497.00 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 406.45 497.00 Td (31,381) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.00 497.00 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.45 497.00 Td (67,447) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 525.00 497.00 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 545.45 497.00 Td (73,650) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 469.00 Td (Earnings per share:) Tj ET Q BT /F5 9.00 Tf ET q 0 0 0 rg BT 280.45 469.00 Td (13) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 455.00 Td (Basic earnings per share) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 307.00 455.00 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.45 455.00 Td (0.29) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 386.00 455.00 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 416.45 455.00 Td (0.23) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.00 455.00 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 485.45 455.00 Td (0.52) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 525.00 455.00 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 555.45 455.00 Td (0.55) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 441.00 Td (Diluted earnings per share) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 307.00 441.00 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.45 441.00 Td (0.28) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 386.00 441.00 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 416.45 441.00 Td (0.23) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.00 441.00 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 485.45 441.00 Td (0.51) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 525.00 441.00 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 555.45 441.00 Td (0.53) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 427.00 Td (Weighted average number of shares \(millions\)) Tj ET Q BT /F5 9.00 Tf ET q 0 0 0 rg BT 280.45 427.00 Td (13) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 413.00 Td (Basic) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 334.45 413.00 Td (129.1) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 411.45 413.00 Td (134.4) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.45 413.00 Td (129.8) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 413.00 Td (134.5) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 69.00 399.00 Td (Diluted) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 334.45 399.00 Td (132.9) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 411.45 399.00 Td (137.4) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.45 399.00 Td (133.1) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 399.00 Td (137.8) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.00 379.30 Td (See accompanying Notes to the Unaudited Condensed Consolidated Interim Financial Statements.) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 447.73 379.30 Td ( ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 449.96 379.30 Td ( ) Tj ET Q endstream endobj 33 0 obj <> endobj 34 0 obj <> stream BT /F2 6.50 Tf ET q 0 0 0 rg BT 187.95 764.95 Td ( CONSOLIDA) Tj ET Q q 0 0 0 rg BT 228.28 764.95 Td (TED INTERIM ST) Tj ET Q q 0 0 0 rg BT 279.43 764.95 Td (A) Tj ET Q q 0 0 0 rg BT 283.65 764.95 Td (TEMENTS OF OTHER COMPREHENSIVE INCOME \(LOSS\)) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 460.61 764.95 Td ( | Q2 2017 | MAPLE LEAF FOODS INC.) Tj ET Q BT /F3 18.00 Tf ET q 0 0 0 rg BT 36.00 731.35 Td (Consolidated Interim Statements of Other Comprehensive ) Tj ET Q BT /F3 18.00 Tf ET q 0 0 0 rg BT 36.00 709.75 Td (Income \(Loss\)) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 301.80 50.20 Td (15) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298 669.5 m 315 669.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315 669.5 m 368 669.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368 669.5 m 385 669.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385 669.5 m 438 669.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 669.5 m 455 669.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455 669.5 m 508 669.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 669.5 m 525 669.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525 669.5 m 578 669.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 655.5 m 298 655.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298 655.5 m 315 655.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315 655.5 m 368 655.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368 655.5 m 385 655.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385 655.5 m 438 655.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 655.5 m 455 655.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455 655.5 m 508 655.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 655.5 m 525 655.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525 655.5 m 578 655.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 50 627.5 m 298 627.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 298 627.5 m 315 627.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 315 627.5 m 368 627.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 368 627.5 m 385 627.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 385 627.5 m 438 627.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 438 627.5 m 455 627.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 455 627.5 m 508 627.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 508 627.5 m 525 627.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 525 627.5 m 578 627.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 50 563.5 m 298 563.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 298 563.5 m 315 563.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 315 563.5 m 368 563.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 368 563.5 m 385 563.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 385 563.5 m 438 563.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 438 563.5 m 455 563.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 455 563.5 m 508 563.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 508 563.5 m 525 563.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 525 563.5 m 578 563.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 50 460.5 m 298 460.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 298 460.5 m 315 460.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 315 460.5 m 368 460.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 368 460.5 m 385 460.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 385 460.5 m 438 460.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 438 460.5 m 455 460.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 455 460.5 m 508 460.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 508 460.5 m 525 460.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 525 460.5 m 578 460.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 50 435.5 m 298 435.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 298 435.5 m 315 435.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 315 435.5 m 368 435.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 368 435.5 m 385 435.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 385 435.5 m 438 435.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 438 435.5 m 455 435.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 455 435.5 m 508 435.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 508 435.5 m 525 435.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 525 435.5 m 578 435.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 435.5 m 298 435.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298 435.5 m 315 435.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315 435.5 m 368 435.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368 435.5 m 385 435.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385 435.5 m 438 435.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 435.5 m 455 435.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455 435.5 m 508 435.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 435.5 m 525 435.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525 435.5 m 578 435.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 407.5 m 298 407.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298 407.5 m 315 407.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315 407.5 m 368 407.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368 407.5 m 385 407.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385 407.5 m 438 407.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 407.5 m 455 407.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455 407.5 m 508 407.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508 407.5 m 525 407.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525 407.5 m 578 407.5 l s BT /F4 8.00 Tf ET q 0 0 0 rg BT 52.50 672.43 Td (\(In thousands of Canadian dollars\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 52.50 662.43 Td (\(Unaudited\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 314.50 673.81 Td (Three months ended June 30,) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 464.90 673.81 Td (Six months ended June 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 344.45 659.90 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 414.45 659.90 Td (2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 484.45 659.90 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 554.45 659.90 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 52.50 631.90 Td (Net earnings) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.50 631.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.95 631.90 Td (37,342) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 387.50 631.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 406.95 631.90 Td (31,381) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 457.50 631.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.95 631.90 Td (67,447) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.50 631.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 546.95 631.90 Td (73,650) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 52.50 617.90 Td (Other comprehensive \(loss\) income) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 64.50 604.45 Td (Actuarial losses that will not be reclassified to profit or) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 73.50 592.30 Td (loss) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 70.50 579.15 Td (\(Net of tax of $5.2 million and $6.2 million; 2016: $10.8 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 79.50 567.90 Td (million and $9.5 million\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.50 567.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.95 567.90 Td (\(14,721) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 364.50 567.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 387.50 567.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 403.95 567.90 Td (\(30,628) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 434.50 567.90 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 457.50 567.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 473.95 567.90 Td (\(17,561) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 504.50 567.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.50 567.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 543.95 567.90 Td (\(26,768) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 574.50 567.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 52.50 554.15 Td (Items that are or may be reclassified subsequently to profit) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 52.50 542.90 Td (or loss:) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 64.50 529.15 Td (Change in accumulated foreign currency translation) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 73.50 517.90 Td (adjustment) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 70.50 503.90 Td (\(Net of tax of $0.0 million; 2016: $0.0 million\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.50 503.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 338.95 503.90 Td (\(5,109) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 364.50 503.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 387.50 503.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 419.45 503.90 Td (569) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 457.50 503.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 478.95 503.90 Td (\(7,185) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 504.50 503.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.50 503.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 559.45 503.90 Td (413) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 64.50 489.90 Td (Change in unrealized gains \(losses\) on cash flow hedges) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 70.50 476.15 Td (\(Net of tax of $2.2 million and $2.6 million; 2016: $1.5 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 79.50 464.90 Td (million and $2.6 million\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 341.95 464.90 Td (6,195) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 408.95 464.90 Td (\(4,415) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 434.50 464.90 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 481.95 464.90 Td (7,358) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 551.95 464.90 Td (7,333) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 52.50 451.15 Td (Total items that are or may be reclassified subsequently to) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 52.50 439.90 Td (profit or loss) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.50 439.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 341.95 439.90 Td (1,086) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 387.50 439.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 408.95 439.90 Td (\(3,846) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 434.50 439.90 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 457.50 439.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 489.45 439.90 Td (173) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.50 439.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 551.95 439.90 Td (7,746) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 52.50 425.90 Td (Total other comprehensive loss) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.50 425.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.95 425.90 Td (\(13,635) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 364.50 425.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 387.50 425.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 403.95 425.90 Td (\(34,474) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 434.50 425.90 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 457.50 425.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 473.95 425.90 Td (\(17,388) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 504.50 425.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.50 425.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 543.95 425.90 Td (\(19,022) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 574.50 425.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 52.50 411.90 Td (Comprehensive income \(loss\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.50 411.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.95 411.90 Td (23,707) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 387.50 411.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 408.95 411.90 Td (\(3,093) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 434.50 411.90 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 457.50 411.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.95 411.90 Td (50,059) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.50 411.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 546.95 411.90 Td (54,628) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 49.50 392.70 Td (See accompanying Notes to the Unaudited Condensed Consolidated Interim Financial Statements. ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 58.50 374.10 Td () Tj ET Q endstream endobj 35 0 obj <> endobj 36 0 obj <> stream BT /F2 6.50 Tf ET q 0 0 0 rg BT 237.95 764.95 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 276.47 764.95 Td (TED INTERIM ST) Tj ET Q q 0 0 0 rg BT 327.63 764.95 Td (A) Tj ET Q q 0 0 0 rg BT 331.84 764.95 Td (TEMENTS OF CHANGES IN T) Tj ET Q q 0 0 0 rg BT 422.01 764.95 Td (OT) Tj ET Q q 0 0 0 rg BT 430.55 764.95 Td (AL) Tj ET Q q 0 0 0 rg BT 439.10 764.95 Td ( EQUITY) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 465.10 764.95 Td ( | Q2 2017 | MAPLE LEAF FOODS INC.) Tj ET Q BT /F3 18.00 Tf ET q 0 0 0 rg BT 31.50 731.35 Td (Consolidated Interim Statements of Changes in ) Tj ET Q q 0 0 0 rg BT 413.38 731.35 Td (T) Tj ET Q q 0 0 0 rg BT 422.38 731.35 Td (otal Equity) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 301.80 50.20 Td (16) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385 682.5 m 434 682.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 682.5 m 483 682.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 32 623.5 m 213 623.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 623.5 m 237 623.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237 623.5 m 285 623.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285 623.5 m 333 623.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333 623.5 m 385 623.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385 623.5 m 434 623.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 623.5 m 483 623.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483 623.5 m 532 623.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532 623.5 m 581 623.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 32 483.5 m 213 483.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 213 483.5 m 237 483.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 237 483.5 m 285 483.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 285 483.5 m 333 483.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 333 483.5 m 385 483.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 385 483.5 m 434 483.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 434 483.5 m 483 483.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 483 483.5 m 532 483.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 532 483.5 m 581 483.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 32 483.5 m 213 483.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 32 469.5 m 213 469.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 213 483.5 m 237 483.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 469.5 m 237 469.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 237 483.5 m 285 483.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237 469.5 m 285 469.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 285 483.5 m 333 483.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285 469.5 m 333 469.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 333 483.5 m 385 483.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333 469.5 m 385 469.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 385 483.5 m 434 483.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385 469.5 m 434 469.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 434 483.5 m 483 483.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 469.5 m 483 469.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 483 483.5 m 532 483.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483 469.5 m 532 469.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 532 483.5 m 581 483.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532 469.5 m 581 469.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 385 421.5 m 434 421.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 434 421.5 m 483 421.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 32 362.5 m 213 362.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 362.5 m 237 362.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237 362.5 m 285 362.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285 362.5 m 333 362.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333 362.5 m 385 362.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385 362.5 m 434 362.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 362.5 m 483 362.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483 362.5 m 532 362.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532 362.5 m 581 362.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 32 224.5 m 213 224.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 213 224.5 m 237 224.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 237 224.5 m 285 224.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 285 224.5 m 333 224.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 333 224.5 m 385 224.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 385 224.5 m 434 224.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 434 224.5 m 483 224.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 483 224.5 m 532 224.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 532 224.5 m 581 224.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 32 210.5 m 213 210.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 210.5 m 237 210.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 237 210.5 m 285 210.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285 210.5 m 333 210.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333 210.5 m 385 210.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385 210.5 m 434 210.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 210.5 m 483 210.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483 210.5 m 532 210.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 532 210.5 m 581 210.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 397.25 706.73 Td (Accumulated other ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 389.00 696.73 Td (comprehensive income ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 420.50 686.73 Td (\(loss\)) Tj ET Q BT /F4 8.00 Tf ET BT /F4 5.20 Tf ET q 0 0 0 rg BT 441.84 690.54 Td (\(i\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 34.50 637.68 Td (\(InthousandsofCanadiandollars\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 34.50 627.68 Td (\(Unaudited\)) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 215.60 627.73 Td (Note) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.25 637.73 Td (Share) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.15 627.73 Td (capital) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 295.70 637.73 Td (Retained) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 296.15 627.73 Td (earnings) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 336.15 637.73 Td (Contributed) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 352.60 627.73 Td (surplus) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.15 657.73 Td (Foreign) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 396.70 647.73 Td (currency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 389.60 637.73 Td (translation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.80 627.73 Td (adjustment) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 439.00 667.73 Td (Unrealized) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.15 657.73 Td (gains and) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.55 647.73 Td (losses on) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.00 637.73 Td (cash flow) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 451.45 627.73 Td (hedges) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 495.10 637.73 Td (Treasury) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 507.60 627.73 Td (stock) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 558.95 637.73 Td (T) Tj ET Q q 0 0 0 rg BT 563.24 637.73 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 553.90 627.73 Td (equity) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 34.50 613.73 Td (Balance as at December 31, 2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 239.50 613.73 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 252.85 613.73 Td (853,633) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 287.50 613.73 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.20 613.78 Td (1,247,737) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 335.50 613.73 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.75 613.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.50 613.73 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 410.75 613.78 Td (2,116) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 436.50 613.73 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 463.75 613.78 Td (\(497) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 479.80 613.73 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 485.50 613.73 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 501.65 613.73 Td (\(14,966) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.80 613.73 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 534.50 613.73 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 542.20 613.73 Td (2,088,023) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 46.50 599.73 Td (Net earnings) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 273.75 599.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 305.30 599.78 Td (67,447) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.75 599.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.75 599.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 471.75 599.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.75 599.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 553.30 599.73 Td (67,447) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 46.50 585.73 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 172.77 589.54 Td (\(ii\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 273.75 585.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 302.65 585.73 Td (\(17,561) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 329.80 585.73 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.75 585.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.05 585.73 Td (\(7,185) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 430.80 585.73 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.75 585.78 Td (7,358) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.75 585.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 550.65 585.73 Td (\(17,388) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 577.80 585.73 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 46.50 571.73 Td (Dividends declared \($0.22 per share\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 273.75 571.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 302.65 571.73 Td (\(28,530) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 329.80 571.73 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.75 571.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.75 571.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 471.75 571.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.75 571.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 550.65 571.73 Td (\(28,530) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 577.80 571.73 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 46.50 557.73 Td (Share-based compensation expense) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 273.75 557.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 321.75 557.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 357.30 557.78 Td (11,842) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.75 557.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 471.75 557.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.75 557.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 553.30 557.73 Td (11,842) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 46.50 543.73 Td (Deferred taxes on share-based compensation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 273.75 543.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 321.75 543.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.75 543.78 Td (2,750) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.75 543.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 471.75 543.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.75 543.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 557.75 543.73 Td (2,750) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 46.50 529.73 Td (Repurchase of shares) Tj ET Q BT /F5 8.00 Tf ET q 0 0 0 rg BT 222.25 529.73 Td (9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 254.65 529.78 Td (\(11,819) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 281.80 529.73 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 302.65 529.73 Td (\(26,340) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 329.80 529.73 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.65 529.73 Td (\(14,592) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 381.80 529.73 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.75 529.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 471.75 529.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.75 529.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 550.65 529.73 Td (\(52,751) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 577.80 529.73 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 46.50 515.73 Td (Exercise of stock options ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 261.75 515.78 Td (5,512) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 321.75 515.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.75 515.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.75 515.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 471.75 515.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.75 515.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 557.75 515.73 Td (5,512) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 46.50 501.73 Td (Settlement of share-based compensation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 273.75 501.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 302.65 501.73 Td (\(28,818) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 329.80 501.73 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.75 501.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.75 501.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 471.75 501.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 504.30 501.78 Td (16,005) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 550.65 501.73 Td (\(12,813) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 577.80 501.73 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 46.50 487.73 Td (Shares purchased by RSU trust) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 273.75 487.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 321.75 487.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.75 487.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.75 487.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 471.75 487.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 501.65 487.73 Td (\(16,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.80 487.73 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 550.65 487.73 Td (\(16,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 577.80 487.73 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 34.50 473.73 Td (Balance as at June 30, 2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 239.50 473.73 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 252.85 473.73 Td (847,326) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 287.50 473.73 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.20 473.78 Td (1,213,935) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 335.50 473.73 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.75 473.73 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.50 473.73 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.05 473.73 Td (\(5,069) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 430.80 473.73 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 436.50 473.73 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.75 473.78 Td (6,861) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 485.50 473.73 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 501.65 473.73 Td (\(14,961) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.80 473.73 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 534.50 473.73 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 542.20 473.73 Td (2,048,092) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 400.10 445.73 Td (Accumulated other ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 392.35 435.73 Td (comprehensive income ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 421.40 425.73 Td (\(loss\)) Tj ET Q BT /F4 8.00 Tf ET BT /F4 5.20 Tf ET q 0 0 0 rg BT 440.95 429.54 Td (\(i\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 34.50 376.68 Td (\(InthousandsofCanadiandollars\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 34.50 366.68 Td (\(Unaudited\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 216.05 366.68 Td (Note) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 260.15 376.73 Td (Share) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 258.35 366.73 Td (capital) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 297.45 376.73 Td (Retained) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 298.80 366.73 Td (earnings) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 340.10 376.73 Td (Contributed) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 355.70 366.73 Td (surplus) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 403.35 396.73 Td (Foreign) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 399.80 386.73 Td (currency) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 393.55 376.73 Td (translation) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 391.35 366.73 Td (adjustment) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 441.25 406.73 Td (Unrealized) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 444.80 396.73 Td (gains and) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 445.70 386.73 Td (losses on) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 446.15 376.73 Td (cash flow) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 453.25 366.73 Td (hedges) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 497.20 376.73 Td (Treasury) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 509.80 366.73 Td (stock) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 560.60 376.73 Td (T) Tj ET Q q 0 0 0 rg BT 564.60 376.73 Td (otal) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 556.15 366.73 Td (equity) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 34.50 352.73 Td (Balance as at December 31, 2015) Tj ET Q BT /F4 8.00 Tf ET BT /F4 5.20 Tf ET q 0 0 0 rg BT 155.46 356.54 Td (\(iii\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 239.50 352.73 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 252.85 352.73 Td (882,770) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 287.50 352.73 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 294.20 352.78 Td (1,161,047) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 335.50 352.73 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 373.75 352.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 387.50 352.73 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 410.75 352.78 Td (2,506) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 436.50 352.73 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 457.10 352.78 Td (\(2,920) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 479.80 352.73 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 485.50 352.73 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 506.10 352.78 Td (\(2,086) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 528.80 352.73 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 534.50 352.73 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 542.20 352.73 Td (2,041,317) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 46.50 338.73 Td (Net earnings) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 273.75 338.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 305.30 338.78 Td (73,650) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 373.75 338.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 422.75 338.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 471.75 338.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 520.75 338.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 553.30 338.73 Td (73,650) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 46.50 324.73 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 172.77 328.54 Td (\(ii\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 273.75 324.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 302.65 324.73 Td (\(26,768) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 329.80 324.73 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 373.75 324.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 417.45 324.78 Td (413) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 459.75 324.78 Td (7,333) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 520.75 324.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 550.65 324.73 Td (\(19,022) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 577.80 324.73 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 46.50 310.73 Td (Dividends declared \($0.18 per share\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 273.75 310.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 302.65 310.73 Td (\(24,230) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 329.80 310.73 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 373.75 310.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 422.75 310.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 471.75 310.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 520.75 310.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 550.65 310.73 Td (\(24,230) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 577.80 310.73 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 46.50 296.73 Td (Share-based compensation expense) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 273.75 296.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 321.75 296.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 357.30 296.78 Td (12,818) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 422.75 296.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 471.75 296.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 520.75 296.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 553.30 296.73 Td (12,818) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 46.50 283.73 Td (Deferred taxes on share-based compensation) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 273.75 283.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 321.75 283.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 361.75 283.78 Td (1,500) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 422.75 283.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 471.75 283.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 520.75 283.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 557.75 283.73 Td (1,500) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 46.50 269.73 Td (Repurchase of shares) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 222.25 269.68 Td (9) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 273.75 269.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 309.75 269.78 Td (2,300) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 359.05 269.73 Td (\(1,648) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 381.80 269.73 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 422.75 269.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 471.75 269.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 520.75 269.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 564.45 269.78 Td (652) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 46.50 255.73 Td (Exercise of stock options) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 261.75 255.78 Td (1,661) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 321.75 255.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 373.75 255.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 422.75 255.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 471.75 255.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 520.75 255.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 557.75 255.73 Td (1,661) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 46.50 241.73 Td (Settlement of share-based compensation) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 273.75 241.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 321.75 241.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 365.75 241.78 Td (\(356) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 381.80 241.73 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 422.75 241.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 471.75 241.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 519.90 241.73 Td (38) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 561.75 241.73 Td (\(318) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 577.80 241.73 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 46.50 228.73 Td (Shares purchased by RSU trust) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 273.75 228.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 321.75 228.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 373.75 228.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 422.75 228.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 471.75 228.73 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 506.10 228.78 Td (\(5,601) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 528.80 228.73 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 555.10 228.78 Td (\(5,601) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 577.80 228.73 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 34.50 214.73 Td (Balance at June 30, 2016) Tj ET Q BT /F4 7.50 Tf ET BT /F4 4.87 Tf ET q 0 0 0 rg BT 125.24 218.30 Td (\(iii\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 239.50 214.73 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 252.85 214.73 Td (884,431) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 287.50 214.73 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 294.20 214.78 Td (1,185,999) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 335.50 214.73 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 357.30 214.78 Td (12,314) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 387.50 214.73 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 410.75 214.78 Td (2,919) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 436.50 214.73 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 459.75 214.78 Td (4,413) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 485.50 214.73 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 506.10 214.78 Td (\(7,649) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 528.80 214.73 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 534.50 214.73 Td ($) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 542.20 214.73 Td (2,082,427) 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 31.50 200.72 Td (\(i\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 36.12 196.90 Td ( ) Tj ET Q q 0 0 0 rg BT 49.50 196.90 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 31.50 186.62 Td (\(ii\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 37.27 182.80 Td ( ) Tj ET Q q 0 0 0 rg BT 49.50 182.80 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 been ) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 49.50 173.20 Td (reclassified to retained earnings. ) Tj ET Q BT /F4 8.00 Tf ET BT /F4 5.20 Tf ET q 0 0 0 rg BT 31.50 162.92 Td (\(iii\)) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 38.43 159.10 Td ( ) Tj ET Q q 0 0 0 rg BT 49.50 159.10 Td (Restated, see Note 2\(d\).) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 31.50 144.50 Td (See accompanying Notes to the Unaudited Condensed Consolidated Interim Financial Statements. ) Tj ET Q endstream endobj 37 0 obj <> endobj 38 0 obj <> stream BT /F2 6.50 Tf ET q 0 0 0 rg BT 279.35 764.95 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 317.87 764.95 Td (TED INTERIM ST) Tj ET Q q 0 0 0 rg BT 369.03 764.95 Td (A) Tj ET Q q 0 0 0 rg BT 373.24 764.95 Td (TEMENTS OF CASH FLOWS) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 460.63 764.95 Td ( | Q2 2017 | MAPLE LEAF FOODS INC.) Tj ET Q BT /F3 18.00 Tf ET q 0 0 0 rg BT 36.00 731.35 Td (Consolidated Interim Statements of Cash Flows) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 301.80 50.20 Td (17) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 705.5 m 281.5 705.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281.5 705.5 m 336.5 705.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 705.5 m 358.5 705.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 705.5 m 413.5 705.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 705.5 m 435.5 705.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 705.5 m 490.5 705.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 705.5 m 512.5 705.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 705.5 m 567.5 705.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 691.5 m 259.5 691.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 691.5 m 281.5 691.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281.5 691.5 m 336.5 691.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 691.5 m 358.5 691.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 691.5 m 413.5 691.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 691.5 m 435.5 691.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 691.5 m 490.5 691.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 691.5 m 512.5 691.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 691.5 m 567.5 691.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 389.5 m 259.5 389.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 259.5 389.5 m 281.5 389.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 281.5 389.5 m 336.5 389.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 336.5 389.5 m 358.5 389.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 358.5 389.5 m 413.5 389.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 413.5 389.5 m 435.5 389.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 435.5 389.5 m 490.5 389.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 490.5 389.5 m 512.5 389.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 512.5 389.5 m 567.5 389.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 375.5 m 259.5 375.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 259.5 375.5 m 281.5 375.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 281.5 375.5 m 336.5 375.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 336.5 375.5 m 358.5 375.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 358.5 375.5 m 413.5 375.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 413.5 375.5 m 435.5 375.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 435.5 389.5 m 490.5 389.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 435.5 375.5 m 490.5 375.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 490.5 375.5 m 512.5 375.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 512.5 389.5 m 567.5 389.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 512.5 375.5 m 567.5 375.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 281.5 277.5 m 336.5 277.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 358.5 277.5 m 413.5 277.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 435.5 277.5 m 490.5 277.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 512.5 277.5 m 567.5 277.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 277.5 m 259.5 277.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 263.5 m 259.5 263.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 259.5 277.5 m 281.5 277.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 259.5 263.5 m 281.5 263.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 281.5 277.5 m 336.5 277.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 281.5 263.5 m 336.5 263.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 336.5 277.5 m 358.5 277.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 336.5 263.5 m 358.5 263.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 358.5 277.5 m 413.5 277.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 358.5 263.5 m 413.5 263.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 413.5 277.5 m 435.5 277.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 413.5 263.5 m 435.5 263.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 435.5 277.5 m 490.5 277.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 435.5 263.5 m 490.5 263.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 490.5 277.5 m 512.5 277.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 490.5 263.5 m 512.5 263.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 512.5 277.5 m 567.5 277.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 512.5 263.5 m 567.5 263.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 207.5 m 259.5 207.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 193.5 m 259.5 193.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 259.5 207.5 m 281.5 207.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 259.5 193.5 m 281.5 193.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 281.5 207.5 m 336.5 207.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 281.5 193.5 m 336.5 193.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 336.5 207.5 m 358.5 207.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 336.5 193.5 m 358.5 193.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 358.5 207.5 m 413.5 207.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 358.5 193.5 m 413.5 193.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 413.5 207.5 m 435.5 207.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 413.5 193.5 m 435.5 193.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 435.5 207.5 m 490.5 207.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 435.5 193.5 m 490.5 193.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 490.5 207.5 m 512.5 207.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 490.5 193.5 m 512.5 193.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 512.5 207.5 m 567.5 207.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 512.5 193.5 m 567.5 193.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 435.5 193.5 m 490.5 193.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 512.5 193.5 m 567.5 193.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 165.5 m 259.5 165.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 259.5 165.5 m 281.5 165.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 281.5 165.5 m 336.5 165.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 336.5 165.5 m 358.5 165.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 358.5 165.5 m 413.5 165.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 413.5 165.5 m 435.5 165.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 435.5 165.5 m 490.5 165.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 490.5 165.5 m 512.5 165.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 512.5 165.5 m 567.5 165.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 151.5 m 259.5 151.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 151.5 m 281.5 151.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281.5 151.5 m 336.5 151.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 151.5 m 358.5 151.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 358.5 165.5 m 413.5 165.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 151.5 m 413.5 151.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 151.5 m 435.5 151.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 151.5 m 490.5 151.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 151.5 m 512.5 151.5 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 512.5 165.5 m 567.5 165.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 151.5 m 567.5 151.5 l s BT /F4 9.00 Tf ET q 0 0 0 rg BT 39.00 707.15 Td (\(In thousands of Canadian dollars\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 39.00 695.90 Td (\(Unaudited\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 290.00 709.81 Td (Three months ended June 30,) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 454.40 709.81 Td (Six months ended June 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 312.95 695.90 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 389.95 695.90 Td (2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 466.95 695.90 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 543.95 695.90 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 681.90 Td (CASH PROVIDED BY \(USED IN\):) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 667.90 Td (Operating activities) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 653.90 Td (Net earnings) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 284.00 653.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 305.45 653.90 Td (37,342) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 361.00 653.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 382.45 653.90 Td (31,381) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 438.00 653.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.45 653.90 Td (67,447) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 515.00 653.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 536.45 653.90 Td (73,650) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 639.90 Td (Add \(deduct\) items not affecting cash:) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 63.00 625.90 Td (Change in fair value of biological assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 310.45 625.90 Td (8,514) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 382.45 625.90 Td (17,133) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.45 625.90 Td (5,717) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 548.95 625.90 Td (292) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 63.00 611.90 Td (Depreciation and amortization) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 305.45 611.90 Td (29,079) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 382.45 611.90 Td (28,126) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.45 611.90 Td (57,150) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 536.45 611.90 Td (56,997) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 63.00 597.90 Td (Share-based compensation) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 310.45 597.90 Td (4,629) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 387.45 597.90 Td (7,320) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.45 597.90 Td (11,842) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 536.45 597.90 Td (12,818) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 63.00 583.90 Td (Deferred income taxes) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 305.45 583.90 Td (12,003) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 382.45 583.90 Td (10,801) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.45 583.90 Td (22,481) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 536.45 583.90 Td (25,380) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 63.00 569.90 Td (Income tax current) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 310.45 569.90 Td (2,117) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 394.95 569.90 Td (838) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.45 569.90 Td (3,619) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 541.45 569.90 Td (2,053) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 63.00 555.90 Td (Interest expense and other financing costs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 310.45 555.90 Td (1,345) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 387.45 555.90 Td (1,211) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.45 555.90 Td (2,572) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 541.45 555.90 Td (2,317) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 63.00 541.90 Td (\(Gain\) loss on sale of long-term assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 314.95 541.90 Td (\(831) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.00 541.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 394.95 541.90 Td (265) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.95 541.90 Td (\(510) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 487.00 541.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 548.95 541.90 Td (762) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 63.00 528.15 Td (Change in fair value of non-designated ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 72.00 516.90 Td (derivative financial instruments) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 310.45 516.90 Td (5,634) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 384.45 516.90 Td (\(4,189) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 410.00 516.90 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.45 516.90 Td (13,817) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 541.45 516.90 Td (3,039) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 63.00 502.90 Td (Impairment of assets \(net of reversals\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.00 502.90 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 387.45 502.90 Td (1,022) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 478.00 502.90 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 541.45 502.90 Td (1,022) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 488.90 Td (Change in net pension liability) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 307.45 488.90 Td (\(5,625) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.00 488.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 387.45 488.90 Td (6,913) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 461.45 488.90 Td (\(4,561) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 487.00 488.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 536.45 488.90 Td (12,589) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 474.90 Td (Net income taxes paid) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 307.45 474.90 Td (\(3,707) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.00 474.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 391.95 474.90 Td (\(628) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 410.00 474.90 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 461.45 474.90 Td (\(6,365) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 487.00 474.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 538.45 474.90 Td (\(3,541) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 564.00 474.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 460.90 Td (Interest paid) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 314.95 460.90 Td (\(832) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.00 460.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 384.45 460.90 Td (\(1,187) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 410.00 460.90 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 461.45 460.90 Td (\(1,650) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 487.00 460.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 538.45 460.90 Td (\(2,273) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 564.00 460.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 447.15 Td (Change in provision for restructuring and other ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 60.00 435.90 Td (related costs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 310.45 435.90 Td (2,330) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 384.45 435.90 Td (\(6,849) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 410.00 435.90 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.45 435.90 Td (4,944) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 533.45 435.90 Td (\(13,762) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 564.00 435.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 421.90 Td (Change in derivatives margin) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 302.45 421.90 Td (\(11,694) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.00 421.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 384.45 421.90 Td (\(5,683) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 410.00 421.90 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.45 421.90 Td (\(14,124) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 487.00 421.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 533.45 421.90 Td (\(12,949) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 564.00 421.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 407.90 Td (Other) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.95 407.90 Td (996) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 391.95 407.90 Td (\(684) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 410.00 407.90 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.95 407.90 Td (83) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 541.45 407.90 Td (2,920) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 393.90 Td (Change in non-cash working capital) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 302.45 393.90 Td (\(39,168) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.00 393.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 379.45 393.90 Td (\(22,384) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 410.00 393.90 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.45 393.90 Td (\(65,322) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 487.00 393.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 533.45 393.90 Td (\(52,471) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 564.00 393.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 379.90 Td (Cash provided by operating activities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 284.00 379.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 305.45 379.90 Td (42,132) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 361.00 379.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 382.45 379.90 Td (63,406) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 438.00 379.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.45 379.90 Td (97,140) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 515.00 379.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 531.45 379.90 Td (108,843) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 365.90 Td (Financing activities) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 351.90 Td (Dividends paid) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 284.00 351.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 302.45 351.90 Td (\(14,205) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.00 351.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 361.00 351.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 379.45 351.90 Td (\(12,119) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 410.00 351.90 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 438.00 351.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.45 351.90 Td (\(28,530) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 487.00 351.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 515.00 351.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 533.45 351.90 Td (\(24,230) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 564.00 351.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 337.90 Td (Net decrease in long-term debt) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 319.95 337.90 Td (\(93) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.00 337.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 391.95 337.90 Td (\(125) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 410.00 337.90 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.95 337.90 Td (\(278) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 487.00 337.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 545.95 337.90 Td (\(292) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 564.00 337.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 323.90 Td (Exercise of stock options) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 310.45 323.90 Td (3,905) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 387.45 323.90 Td (1,619) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.45 323.90 Td (5,512) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 541.45 323.90 Td (1,661) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 309.90 Td (Repurchase of shares) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 302.45 309.90 Td (\(29,432) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.00 309.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 401.00 309.90 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.45 309.90 Td (\(111,412) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 487.00 309.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 533.45 309.90 Td (\(11,922) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 564.00 309.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 295.90 Td (Payment of deferred financing fees) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 319.95 295.90 Td (\(78) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.00 295.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 384.45 295.90 Td (\(1,090) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 410.00 295.90 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.95 295.90 Td (\(142) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 487.00 295.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 538.45 295.90 Td (\(1,090) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 564.00 295.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 281.90 Td (Purchase of treasury stock) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 307.45 281.90 Td (\(6,000) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.00 281.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 384.45 281.90 Td (\(2,900) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 410.00 281.90 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.45 281.90 Td (\(16,000) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 487.00 281.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 538.45 281.90 Td (\(5,601) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 564.00 281.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 267.90 Td (Cash used in financing activities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 284.00 267.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 302.45 267.90 Td (\(45,903) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.00 267.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 361.00 267.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 379.45 267.90 Td (\(14,615) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 410.00 267.90 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 438.00 267.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.45 267.90 Td (\(150,850) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 487.00 267.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 515.00 267.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 533.45 267.90 Td (\(41,474) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 564.00 267.90 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 253.90 Td (Investing activities) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 239.90 Td (Additions to long-term assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 284.00 239.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 302.45 239.90 Td (\(26,982) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.00 239.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 361.00 239.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 379.45 239.90 Td (\(27,178) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 410.00 239.90 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 438.00 239.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.45 239.90 Td (\(47,237) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 487.00 239.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 515.00 239.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 533.45 239.90 Td (\(47,453) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 564.00 239.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 225.90 Td (Acquisition of business, net of cash acquired) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 307.45 225.90 Td (\(9,523) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.00 225.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 401.00 225.90 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.45 225.90 Td (\(199,440) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 487.00 225.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 555.00 225.90 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 211.90 Td (Proceeds from sale of long-term assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 310.45 211.90 Td (1,500) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 394.95 211.90 Td (228) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.45 211.90 Td (1,586) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 548.95 211.90 Td (572) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 197.90 Td (Cash used in investing activities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 284.00 197.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 302.45 197.90 Td (\(35,005) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.00 197.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 361.00 197.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 379.45 197.90 Td (\(26,950) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 410.00 197.90 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 438.00 197.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.45 197.90 Td (\(245,091) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 487.00 197.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 515.00 197.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 533.45 197.90 Td (\(46,881) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 564.00 197.90 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 183.90 Td (\(Decrease\) increase in cash and cash equivalents) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 284.00 183.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 302.45 183.90 Td (\(38,776) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.00 183.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 361.00 183.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 382.45 183.90 Td (21,841) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 438.00 183.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.45 183.90 Td (\(298,801) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 487.00 183.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 515.00 183.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 536.45 183.90 Td (20,488) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 169.90 Td (Cash and cash equivalents, beginning of period) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 300.45 169.90 Td (143,596) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 377.45 169.90 Td (290,916) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 454.45 169.90 Td (403,621) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 531.45 169.90 Td (292,269) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 155.90 Td (Cash and cash equivalents, end of period) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 284.00 155.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 300.45 155.90 Td (104,820) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 361.00 155.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 377.45 155.90 Td (312,757) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 438.00 155.90 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 454.45 155.90 Td (104,820) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 515.00 155.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 531.45 155.90 Td (312,757) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 138.20 Td (See accompanying Notes to the Unaudited Condensed Consolidated Interim Financial Statements.) Tj ET Q endstream endobj 39 0 obj <> endobj 40 0 obj <> stream BT /F2 6.50 Tf ET q 0 0 0 rg BT 205.90 764.95 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 233.95 764.95 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 337.48 764.95 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 415.72 764.95 Td ( ST) Tj ET Q q 0 0 0 rg BT 425.35 764.95 Td (A) Tj ET Q q 0 0 0 rg BT 429.56 764.95 Td (TEMENTS ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 462.43 764.95 Td (| Q2 2017 | MAPLE LEAF FOODS INC.) Tj ET Q BT /F3 16.00 Tf ET q 0 0 0 rg BT 36.00 733.75 Td (Notes to the Unaudited Condensed Consolidated Interim) Tj ET Q BT /F3 16.00 Tf ET q 0 0 0 rg BT 36.00 714.55 Td (Financial Statements) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 703.75 Td (\(T) Tj ET Q q 0 0 0 rg BT 43.50 703.75 Td (abular amounts in thousands of Canadian dollars unless otherwise indicated\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 692.95 Td (Three and six months ended June 30, 2017 and 2016 ) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 301.80 50.20 Td (18) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 666.65 Td (1. THE COMP) Tj ET Q q 0 0 0 rg BT 92.84 666.65 Td (ANY) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 111.68 666.65 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 651.35 Td (Maple Leaf Foods Inc. \(Maple Leaf Foods or the Company\) is a producer of food products under leading national brands including ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 640.55 Td (Maple Leaf, Maple Leaf Prime, Maple Leaf Natural Selections, Schneiders, Schneiders Country Naturals, Mina and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 629.75 Td (Lightlife. ) Tj ET Q q 0 0 0 rg BT 78.49 629.75 Td (The Company's portfolio includes prepared meats, ready-to-cook and ready-to-serve meals, value-added fresh pork and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 618.95 Td (poultry and refrigerated plant protein products. ) Tj ET Q q 0 0 0 rg BT 222.95 618.95 Td (The address of the Company) Tj ET Q q 0 0 0 rg BT 340.85 618.95 Td (s registered of) Tj ET Q q 0 0 0 rg BT 397.71 618.95 Td (fice is 6985 Financial Dr) Tj ET Q q 0 0 0 rg BT 493.26 618.95 Td (. Mississauga, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 608.15 Td (Ontario, L5N 0A1, Canada. ) Tj ET Q q 0 0 0 rg BT 146.90 608.15 Td (The unaudited condensed consolidated interim financial statements of the Company as at and for the three ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 597.35 Td (and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 53.52 597.35 Td (six months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 124.06 597.35 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 126.56 597.35 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 183.61 597.35 Td ( include the accounts of the Company and its subsidiaries. ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 574.55 Td (2. SIGNIFICANT ) Tj ET Q q 0 0 0 rg BT 105.67 574.55 Td (ACCOUNTING POLICIES) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 211.17 574.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 559.25 Td (The unaudited condensed consolidated interim financial statements should be read in conjunction with the Company) Tj ET Q q 0 0 0 rg BT 500.63 559.25 Td (s 2016 annual ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 548.45 Td (audited consolidated financial statements.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 533.15 Td (\(a\) ) Tj ET Q q 0 0 0 rg BT 54.00 533.15 Td (Statement of Compliance ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 517.85 Td (The unaudited condensed consolidated interim financial statements \(or consolidated financial statements\) have been prepared in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 507.05 Td (accordance with International ) Tj ET Q q 0 0 0 rg BT 155.07 507.05 Td (Accounting Standard \(IAS\) 34 Interim Financial Reporting as issued by the International ) Tj ET Q q 0 0 0 rg BT 511.77 507.05 Td (Accounting ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 496.25 Td (Standards Board \(IASB\) and using the accounting policies, determination of significant estimates and judgments, and corresponding ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 485.45 Td (accounting treatments consistent with the Company) Tj ET Q q 0 0 0 rg BT 243.94 485.45 Td (s ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 250.95 485.45 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 270.97 485.45 Td ( annual audited consolidated financial statements, except for new standards ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 474.65 Td (adopted during the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 113.56 474.65 Td (six months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 184.10 474.65 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 186.60 474.65 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 243.65 474.65 Td ( as described below) Tj ET Q q 0 0 0 rg BT 322.70 474.65 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 459.35 Td (The consolidated financial statements were authorized for issue by the Board of Directors on ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 406.70 459.35 Td (July26, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 460.23 459.35 Td (. ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 444.05 Td (\(b\) ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 54.00 444.05 Td (Accounting Standards ) Tj ET Q q 0 0 0 rg BT 152.17 444.05 Td (Adopted During the Period ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 269.17 444.05 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 428.75 Td (Beginning on January 1, 2017, the Company adopted certain standards and amendments. ) Tj ET Q q 0 0 0 rg BT 397.24 428.75 Td (As required by IAS 34 Interim Financial ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 417.95 Td (Reporting and IAS 8 ) Tj ET Q q 0 0 0 rg BT 119.06 417.95 Td (Accounting Policies, Changes in ) Tj ET Q q 0 0 0 rg BT 249.64 417.95 Td (Accounting Estimates and Errors, the nature and the ef) Tj ET Q q 0 0 0 rg BT 468.60 417.95 Td (fect of these changes are ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 407.15 Td (disclosed below:) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 102.04 407.15 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 36.00 391.85 Td (Statement of Cash Flows ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 139.04 391.85 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 376.55 Td (Beginning on January 1, 2017, the Company adopted the amendments to IAS 7 Statement of Cash Flows which require a reconciliation ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 365.75 Td (of liabilities arising from financing activities to enable users of the financial statements to evaluate both cash flow and non-cash ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 354.95 Td (changes in the net debt of a Company) Tj ET Q q 0 0 0 rg BT 187.44 354.95 Td (. ) Tj ET Q q 0 0 0 rg BT 192.27 354.95 Td (The adoption of the amendments to IAS 7 did not have a material impact on the consolidated ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 344.15 Td (financial statements. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 120.54 344.15 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 36.00 328.85 Td (Income T) Tj ET Q q 0 0 0 rg BT 72.69 328.85 Td (axes) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 91.70 328.85 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 313.55 Td (Beginning on January 1, 2017, the Company adopted the amendments to IAS 12 Income ) Tj ET Q q 0 0 0 rg BT 392.57 313.55 Td (T) Tj ET Q q 0 0 0 rg BT 397.07 313.55 Td (axes which provide clarification on the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 302.75 Td (requirements relating to the recognition of deferred tax assets for unrealized losses on debt instruments measured at fair value. ) Tj ET Q q 0 0 0 rg BT 544.11 302.75 Td (The ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 291.95 Td (adoption of the amendments to IAS 12 did not have a material impact on the consolidated financial statements. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 479.77 291.95 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 36.00 276.65 Td (Disclosure of Interests in Other Entities) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 191.56 276.65 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 261.35 Td (Beginning on January 1, 2017, the Company adopted the amendments to IFRS 12 Disclosure of Interests in Other Entities which ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 250.55 Td (provide clarification that the required disclosures under IFRS 12 also apply to subsidiaries, joint ventures and associates that are ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 239.75 Td (classified as held for sale or discontinued operations under IFRS 5 with the exception that the disclosures for summarized financial ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 228.95 Td (information do not apply to subsidiaries, joint ventures and associates classified as held for sale or discontinued operations. ) Tj ET Q q 0 0 0 rg BT 529.12 228.95 Td (The ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 218.15 Td (adoption of the amendments to IFRS 12 did not have a material impact on the consolidated financial statements. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 485.76 218.15 Td ( ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 202.85 Td (\(c\) ) Tj ET Q q 0 0 0 rg BT 54.00 202.85 Td (Accounting Pronouncements Issued But Not ) Tj ET Q q 0 0 0 rg BT 247.85 202.85 Td (Y) Tj ET Q q 0 0 0 rg BT 253.35 202.85 Td (et Effective ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 36.00 187.55 Td (Revenue Recognition) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 122.06 187.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 172.25 Td (In May 2014, the IASB issued IFRS 15 Revenue from Contracts with Customers. IFRS 15 replaces the detailed guidance on revenue ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 161.45 Td (recognition requirements that currently exists under IFRS. IFRS 15 specifies the accounting treatment for all revenue arising from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 150.65 Td (contracts with customers, unless the contracts are within the scope of other IFRSs. ) Tj ET Q q 0 0 0 rg BT 367.98 150.65 Td (The standard also provides a model for the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 139.85 Td (measurement and recognition of gains and losses on the sale of certain non-financial assets that are not an output of the company's ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 129.05 Td (ordinary activities. ) Tj ET Q q 0 0 0 rg BT 110.03 129.05 Td (Additional disclosure is required under the standard including disaggregation of total revenue, information about ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 118.25 Td (performance obligations, changes in contract asset and liability account balances between periods, and key judgments and estimates. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 107.45 Td (In July 2015, the ef) Tj ET Q q 0 0 0 rg BT 111.89 107.45 Td (fective date for IFRS 15 was deferred to apply to annual periods beginning on or after January 1, 2018; early ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 96.65 Td (application is permitted either following a full retrospective approach or a modified retrospective approach. ) Tj ET Q q 0 0 0 rg BT 459.56 96.65 Td (The modified retrospective ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 85.85 Td (approach allows the standard to be applied to existing contracts beginning the initial period of adoption and restatements to the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 75.05 Td (comparative periods are not required. ) Tj ET Q q 0 0 0 rg BT 187.92 75.05 Td (The Company is required to disclose the impact by financial line item as a result of the adoption ) Tj ET Q endstream endobj 41 0 obj <> endobj 42 0 obj <> stream BT /F2 6.50 Tf ET q 0 0 0 rg BT 205.90 764.95 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 233.95 764.95 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 337.48 764.95 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 415.72 764.95 Td ( ST) Tj ET Q q 0 0 0 rg BT 425.35 764.95 Td (A) Tj ET Q q 0 0 0 rg BT 429.56 764.95 Td (TEMENTS ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 462.43 764.95 Td (| Q2 2017) Tj ET Q BT /F2 6.50 Tf ET q 0 0 0 rg BT 490.86 764.95 Td ( ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 492.67 764.95 Td (| MAPLE LEAF FOODS INC.) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 301.80 50.20 Td (19) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 713.45 Td (of the new standard. ) Tj ET Q q 0 0 0 rg BT 119.89 713.45 Td (The Company intends to adopt IFRS 15 in its consolidated financial statements for the annual period beginning ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 702.65 Td (January 1, 2018. ) Tj ET Q q 0 0 0 rg BT 105.05 702.65 Td (A) Tj ET Q q 0 0 0 rg BT 110.56 702.65 Td ( preliminary analysis has been completed and the Company is currently reviewing the relevant sales contracts. ) Tj ET Q q 0 0 0 rg BT 552.61 702.65 Td (The ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 691.85 Td (extent of the impact of the adoption of IFRS 15 has not yet been determined.) Tj ET Q BT /F3 9.00 Tf ET BT /F4 9.00 Tf ET q 0 0 0 rg BT 36.00 676.55 Td (Financial Instruments Recognition and Measurement) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 254.11 676.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 661.25 Td (In July 2014, the IASB issued the final version of IFRS 9 Financial Instruments with a mandatory ef) Tj ET Q q 0 0 0 rg BT 428.53 661.25 Td (fective date of January 1, 2018. ) Tj ET Q q 0 0 0 rg BT 556.45 661.25 Td (The ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 650.45 Td (new standard brings together the classification and measurement, impairment, and hedge accounting phases of the IASB) Tj ET Q q 0 0 0 rg BT 520.62 650.45 Td (s project to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 639.65 Td (replace IAS 39 Financial Instruments: Recognition and Measurement. In addition to the new requirements for classification and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 628.85 Td (measurement of financial assets, a new general hedge accounting model and other amendments issued in previous versions of IFRS 9, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 618.05 Td (the standard also introduces new impairment requirements that are based on a forward-looking expected credit loss model. ) Tj ET Q q 0 0 0 rg BT 528.10 618.05 Td (The ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 607.25 Td (Company intends to adopt IFRS 9 in its consolidated financial statements for the annual period beginning January 1, 2018. ) Tj ET Q q 0 0 0 rg BT 525.81 607.25 Td (A) Tj ET Q q 0 0 0 rg BT 531.32 607.25 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 596.45 Td (preliminary analysis has been completed and the Company is reviewing relevant contracts and documentation. ) Tj ET Q q 0 0 0 rg BT 479.08 596.45 Td (The extent of the impact ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 585.65 Td (of the adoption of IFRS 9 has not yet been determined.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 255.14 585.65 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 570.35 Td (The disclosure requirements in IFRS 7 Financial Instruments - Disclosure have also been amended to include the additional disclosure ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 559.55 Td (required under IFRS 9. ) Tj ET Q q 0 0 0 rg BT 129.88 559.55 Td (The Company intends to adopt these amendments to IFRS 7 at the same time as adoption of IFRS 9. ) Tj ET Q q 0 0 0 rg BT 535.94 559.55 Td (The ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 548.75 Td (extent of the impact of the adoption of the amendments to IFRS 7 has not yet been determined.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 415.73 548.75 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 36.00 533.45 Td (Leases) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.02 533.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 518.15 Td (In January 2016, the IASB issued IFRS 16 Leases with a mandatory ef) Tj ET Q q 0 0 0 rg BT 317.50 518.15 Td (fective date of January 1, 2019. ) Tj ET Q q 0 0 0 rg BT 445.42 518.15 Td (The new standard will replace ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 507.35 Td (IAS 17 Leases and will carry forward the accounting requirements for lessors. IFRS 16 provides a new framework for lessee accounting ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 496.55 Td (that requires substantially all assets obtained through operating leases to be capitalized and a related liability to be recorded. ) Tj ET Q q 0 0 0 rg BT 534.15 496.55 Td (The new ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 485.75 Td (standard seeks to provide a more accurate picture of a company's leased assets and related liabilities and create greater comparability ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 474.95 Td (between companies who lease assets and those who purchase assets. ) Tj ET Q q 0 0 0 rg BT 321.51 474.95 Td (The Company intends to adopt IFRS 16 in its consolidated ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 464.15 Td (financial statements for the annual period beginning January 1, 2019. ) Tj ET Q q 0 0 0 rg BT 314.02 464.15 Td (The extent of the impact of the adoption of IFRS 16 has not yet ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 453.35 Td (been determined.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 106.05 453.35 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 36.00 438.05 Td (Share-Based Payments) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 131.05 438.05 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 422.75 Td (In June 2016, the IASB issued amendments to IFRS 2 Share-Based Payment with a mandatory ef) Tj ET Q q 0 0 0 rg BT 426.05 422.75 Td (fective date of January 1, 2018. ) Tj ET Q q 0 0 0 rg BT 553.97 422.75 Td (The ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 411.95 Td (amendments provide clarification on how to account for certain types of share-based payment transactions. ) Tj ET Q q 0 0 0 rg BT 465.06 411.95 Td (The Company intends to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 401.15 Td (adopt the amendments to IFRS 2 in its consolidated financial statements for the annual period beginning January 1, 2018. ) Tj ET Q q 0 0 0 rg BT 523.14 401.15 Td (The extent of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 390.35 Td (the impact of the adoption of the amendments to IFRS 2 has not yet been determined.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 378.71 390.35 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 36.00 375.05 Td (Foreign Currency T) Tj ET Q q 0 0 0 rg BT 112.86 375.05 Td (ransactions and ) Tj ET Q q 0 0 0 rg BT 178.56 375.05 Td (Advance Considerations) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 276.12 375.05 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 359.75 Td (In December 2016, the IASB issued IFRIC 22 Foreign Currency ) Tj ET Q q 0 0 0 rg BT 291.96 359.75 Td (T) Tj ET Q q 0 0 0 rg BT 297.12 359.75 Td (ransactions and ) Tj ET Q q 0 0 0 rg BT 362.66 359.75 Td (Advance Consideration with a mandatory ef) Tj ET Q q 0 0 0 rg BT 536.60 359.75 Td (fective ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 348.95 Td (date of January 1, 2018. When a foreign currency transaction where consideration is received or paid in advance of the recognition of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 338.15 Td (the related asset, expense, or income, the exchange rate used should be based on the exchange rate as at the date when the pre-) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 327.35 Td (payment asset or deferred liability is recognized. IFRIC 22 can be applied on a full retrospective basis, retrospective from the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 316.55 Td (comparative year or prospectively from January 1, 2018. ) Tj ET Q q 0 0 0 rg BT 262.94 316.55 Td (The extent of the impact of the adoption of IFRIC 22 has not yet been ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 305.75 Td (determined. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 86.03 305.75 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 36.00 290.45 Td (Uncertainty over Income T) Tj ET Q q 0 0 0 rg BT 140.71 290.45 Td (ax T) Tj ET Q q 0 0 0 rg BT 157.55 290.45 Td (reatments) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 197.56 290.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 275.15 Td (In June 2017, the IASB issued IFRIC 23 Uncertainty over Income ) Tj ET Q q 0 0 0 rg BT 297.97 275.15 Td (T) Tj ET Q q 0 0 0 rg BT 302.47 275.15 Td (ax ) Tj ET Q q 0 0 0 rg BT 314.31 275.15 Td (T) Tj ET Q q 0 0 0 rg BT 319.48 275.15 Td (reatments with a mandatory ef) Tj ET Q q 0 0 0 rg BT 440.37 275.15 Td (fective date of January 1, 2019. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 264.35 Td (The interpretations provide guidance on how to value uncertain income tax positions based on the probability of whether the relevant ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 253.55 Td (tax authorities will accept the company's tax treatments. ) Tj ET Q q 0 0 0 rg BT 260.32 253.55 Td (A) Tj ET Q q 0 0 0 rg BT 265.83 253.55 Td ( company is to assume that a taxation authority with the right to examine any ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 242.75 Td (amounts reported to it will examine those amounts and will have full knowledge of all relevant information when doing so. IFRIC 23 is to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 231.95 Td (be applied by recognizing the cumulative ef) Tj ET Q q 0 0 0 rg BT 208.45 231.95 Td (fect of initially applying these guidelines in opening retained earnings without adjusting ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 221.15 Td (comparative information. ) Tj ET Q q 0 0 0 rg BT 136.88 221.15 Td (The extent of the impact of the adoption of IFRIC 23 has not yet been determined. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 465.58 221.15 Td ( ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 205.85 Td (\(d\) ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 54.00 205.85 Td (Restatement of Comparative Periods for Previously ) Tj ET Q q 0 0 0 rg BT 276.23 205.85 Td (Adopted ) Tj ET Q q 0 0 0 rg BT 314.89 205.85 Td (Accounting Standards) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 410.90 205.85 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 36.00 190.55 Td (Income taxes) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 89.53 190.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 175.25 Td (On November 8, 2016, the IFRS Interpretations Committee provided clarification on the tax rate an entity should apply to its deferred ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 164.45 Td (tax assets and liabilities related to intangible assets with indefinite lives. ) Tj ET Q q 0 0 0 rg BT 322.49 164.45 Td (The tax rate applied should be consistent with how an entity is ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 153.65 Td (expected to recover the carrying amount in the form of future economic benefits. ) Tj ET Q q 0 0 0 rg BT 357.17 153.65 Td (As a result of this clarification, the Company has ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 142.85 Td (changed the ef) Tj ET Q q 0 0 0 rg BT 95.39 142.85 Td (fective tax rate applied on deferred tax liabilities on indefinite life intangible assets. ) Tj ET Q q 0 0 0 rg BT 424.42 142.85 Td (This change has been retrospectively ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 132.05 Td (applied reducing deferred tax assets and retained earnings as at January 1, 2015 by $1) Tj ET Q q 0 0 0 rg BT 383.56 132.05 Td (1.8 million, with the same impact applied to the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 121.25 Td (consolidated balance sheet as at June30, 2016. ) Tj ET Q q 0 0 0 rg BT 231.48 121.25 Td (There was no impact to net income or comprehensive income \(loss\) for the years ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 110.45 Td (ended December 31, 2016 and 2015 as there were no movements in the temporary dif) Tj ET Q q 0 0 0 rg BT 380.54 110.45 Td (ferences or changes in relevant statutory income ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 99.65 Td (tax rates during these periods. ) Tj ET Q q 0 0 0 rg BT 159.41 99.65 Td (There was no material ef) Tj ET Q q 0 0 0 rg BT 258.29 99.65 Td (fect on the consolidated balance sheet as at January 1, 2015. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 505.96 99.65 Td ( ) Tj ET Q endstream endobj 43 0 obj <> endobj 44 0 obj <> stream BT /F2 6.50 Tf ET q 0 0 0 rg BT 205.90 764.95 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 233.95 764.95 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 337.48 764.95 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 415.72 764.95 Td ( ST) Tj ET Q q 0 0 0 rg BT 425.35 764.95 Td (A) Tj ET Q q 0 0 0 rg BT 429.56 764.95 Td (TEMENTS ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 462.43 764.95 Td (| Q2 2017) Tj ET Q BT /F2 6.50 Tf ET q 0 0 0 rg BT 490.86 764.95 Td ( ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 492.67 764.95 Td (| MAPLE LEAF FOODS INC.) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 301.80 50.20 Td (20) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 713.45 Td (3. CASH ) Tj ET Q q 0 0 0 rg BT 73.67 713.45 Td (AND CASH EQUIV) Tj ET Q q 0 0 0 rg BT 151.01 713.45 Td (ALENTS) Tj ET Q BT /F2 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 698.15 Td (As at ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 59.01 698.15 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 116.06 698.15 Td (, the Company had agreements to cash collateralize certain of its letters of credit up to an amount of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 516.27 698.15 Td ($120.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 571.81 698.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 687.35 Td (\() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 687.35 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 59.02 687.35 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 64.02 687.35 Td ($120.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 119.55 687.35 Td (\), of which ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 163.07 687.35 Td ($15.6 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 213.60 687.35 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 219.09 687.35 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 239.12 687.35 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 244.12 687.35 Td ($87.2 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 294.64 687.35 Td (\) was deposited with a major financial institution.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 664.55 Td (4. ) Tj ET Q q 0 0 0 rg BT 45.67 664.55 Td (ACCOUNTS ) Tj ET Q q 0 0 0 rg BT 98.84 664.55 Td (AND NOTES RECEIV) Tj ET Q q 0 0 0 rg BT 187.18 664.55 Td (ABLE) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 211.68 664.55 Td ( ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 621.55 m 301.5 621.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 621.55 m 333.5 621.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 621.55 m 388.5 621.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 621.55 m 420.5 621.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 621.55 m 475.5 621.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 621.55 m 507.5 621.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 621.55 m 562.5 621.55 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 593.55 m 301.5 593.55 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 301.5 593.55 m 333.5 593.55 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 333.5 593.55 m 388.5 593.55 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 388.5 593.55 m 420.5 593.55 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 420.5 593.55 m 475.5 593.55 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 475.5 593.55 m 507.5 593.55 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 507.5 593.55 m 562.5 593.55 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 495.55 m 301.5 495.55 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 301.5 495.55 m 333.5 495.55 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 333.5 495.55 m 388.5 495.55 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 388.5 495.55 m 420.5 495.55 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 420.5 495.55 m 475.5 495.55 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 475.5 495.55 m 507.5 495.55 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 507.5 495.55 m 562.5 495.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 481.55 m 301.5 481.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 481.55 m 333.5 481.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 481.55 m 388.5 481.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 481.55 m 420.5 481.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 481.55 m 475.5 481.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 481.55 m 507.5 481.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 481.55 m 562.5 481.55 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.45 639.95 Td (As at June 30,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 414.45 639.95 Td (As at June 30,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 479.45 639.95 Td (As at December 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 364.95 625.95 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 451.95 625.95 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 538.95 625.95 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 611.95 Td (Trade receivables) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.00 611.95 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.45 611.95 Td (99,871) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.00 611.95 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 444.45 611.95 Td (25,975) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 510.00 611.95 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 531.45 611.95 Td (90,463) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 597.95 Td (Less: Allowance for doubtful accounts) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 376.95 597.95 Td (\(5) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 385.00 597.95 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 463.95 597.95 Td (\(4) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 472.00 597.95 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.95 597.95 Td (\(5) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 559.00 597.95 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 583.95 Td (Net trade receivables) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.00 583.95 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.45 583.95 Td (99,866) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.00 583.95 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 444.45 583.95 Td (25,971) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 510.00 583.95 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 531.45 583.95 Td (90,458) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 555.95 Td (Other receivables:) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 541.95 Td (Commodity taxes receivable) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.45 541.95 Td (7,866) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 449.45 541.95 Td (7,982) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 531.45 541.95 Td (11,004) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 527.95 Td (Interest rate swap receivable) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 369.95 527.95 Td (416) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 456.95 527.95 Td (425) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 543.95 527.95 Td (422) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 513.95 Td (Government receivable) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.45 513.95 Td (14,344) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 444.45 513.95 Td (14,443) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 531.45 513.95 Td (17,347) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 499.95 Td (Other) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.45 499.95 Td (17,982) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 444.45 499.95 Td (21,193) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 536.45 499.95 Td (8,518) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.00 485.95 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 352.45 485.95 Td (140,474) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.00 485.95 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 444.45 485.95 Td (70,014) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 510.00 485.95 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 526.45 485.95 Td (127,749) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 466.75 Td (The aging of trade receivables is as follows: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 428.25 m 301.5 428.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 428.25 m 333.5 428.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 428.25 m 388.5 428.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 428.25 m 420.5 428.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 428.25 m 475.5 428.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 428.25 m 507.5 428.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 428.25 m 562.5 428.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 428.25 m 333.5 428.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 428.25 m 388.5 428.25 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 372.25 m 301.5 372.25 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 301.5 372.25 m 333.5 372.25 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 333.5 372.25 m 388.5 372.25 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 388.5 372.25 m 420.5 372.25 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 420.5 372.25 m 475.5 372.25 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 475.5 372.25 m 507.5 372.25 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 507.5 372.25 m 562.5 372.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 358.25 m 301.5 358.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 358.25 m 333.5 358.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 358.25 m 388.5 358.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 358.25 m 420.5 358.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 358.25 m 475.5 358.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 358.25 m 507.5 358.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 358.25 m 562.5 358.25 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.45 446.65 Td (As at June 30,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 414.45 446.65 Td (As at June 30,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 479.45 446.65 Td (As at December 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 364.95 432.65 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 451.95 432.65 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 538.95 432.65 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 418.65 Td (Current) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.00 418.65 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.45 418.65 Td (80,360) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.00 418.65 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 444.45 418.65 Td (22,705) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 510.00 418.65 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 531.45 418.65 Td (64,176) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 404.65 Td (Past due 0-30 days) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.45 404.65 Td (14,785) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 449.45 404.65 Td (2,748) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 531.45 404.65 Td (19,057) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 390.65 Td (Past due 31-60 days) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.45 390.65 Td (2,601) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 456.95 390.65 Td (522) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 536.45 390.65 Td (2,702) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 376.65 Td (Past due > 60 days) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.45 376.65 Td (2,125) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 463.00 376.65 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 536.45 376.65 Td (4,528) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.00 362.65 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.45 362.65 Td (99,871) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.00 362.65 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 444.45 362.65 Td (25,975) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 510.00 362.65 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 531.45 362.65 Td (90,463) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 343.45 Td (The Company maintains an allowance for doubtful accounts that represents its estimate of the uncollectible amounts based on ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 332.65 Td (specific losses estimated on individual exposures. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 317.35 Td (The Company operates an accounts receivable securitization facility) Tj ET Q q 0 0 0 rg BT 306.47 317.35 Td (. ) Tj ET Q q 0 0 0 rg BT 311.31 317.35 Td (The maximum cash advance available to the Company under ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 306.55 Td (this program is $1) Tj ET Q q 0 0 0 rg BT 106.86 306.55 Td (10.0 million. Under this facility) Tj ET Q q 0 0 0 rg BT 225.24 306.55 Td (, the Company has sold certain of its trade accounts receivable, with very limited ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 295.75 Td (recourse, to an unconsolidated third-party trust financed by an international financial institution with a long-term ) Tj ET Q q 0 0 0 rg BT 479.25 295.75 Td (AA- debt rating, for ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 284.95 Td (cash and short-term notes back to the Company) Tj ET Q q 0 0 0 rg BT 227.43 284.95 Td (. ) Tj ET Q q 0 0 0 rg BT 232.27 284.95 Td (The receivables are sold at a discount to face value based on prevailing money ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 274.15 Td (market rates. ) Tj ET Q q 0 0 0 rg BT 90.85 274.15 Td (The Company retains servicing responsibilities for these receivables. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 258.85 Td (As at ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 59.01 258.85 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 116.06 258.85 Td (, trade accounts receivable being serviced under this program amounted to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 417.23 258.85 Td ($152.4 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 472.76 258.85 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 478.26 258.85 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 498.28 258.85 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 503.28 258.85 Td ($214.5 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 248.05 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 61.51 248.05 Td (\). In return for the sale of its trade receivables, the Company will receive cash of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 381.65 248.05 Td ($1) Tj ET Q q 0 0 0 rg BT 390.99 248.05 Td (10.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 436.52 248.05 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 442.02 248.05 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 462.04 248.05 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 467.04 248.05 Td ($1) Tj ET Q q 0 0 0 rg BT 476.38 248.05 Td (1) Tj ET Q q 0 0 0 rg BT 480.72 248.05 Td (1.4 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 521.24 248.05 Td (\) and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 237.25 Td (notes receivable in the amount of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 171.08 237.25 Td ($42.4 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 221.61 237.25 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 227.11 237.25 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 247.13 237.25 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 252.13 237.25 Td ($103.1 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 307.67 237.25 Td (\). ) Tj ET Q q 0 0 0 rg BT 315.50 237.25 Td (The notes receivable are non-interest bearing and are settled ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 226.45 Td (on the settlement dates of the securitized accounts receivable. Due to the timing of receipts and disbursements, the Company may) Tj ET Q q 0 0 0 rg BT 555.11 226.45 Td (, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 215.65 Td (from time to time, also record a receivable or payable related to the securitization facility) Tj ET Q q 0 0 0 rg BT 384.99 215.65 Td (. ) Tj ET Q q 0 0 0 rg BT 389.50 215.65 Td (As at ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 412.51 215.65 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 469.56 215.65 Td (, the Company ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 204.85 Td (recorded a net ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 96.54 204.85 Td (receivable) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 137.56 204.85 Td ( amount of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 182.59 204.85 Td ($7.6 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 228.11 204.85 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 233.61 204.85 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 253.63 204.85 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 258.63 204.85 Td ($10.6 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 309.16 204.85 Td ( net ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 326.67 204.85 Td (receivable) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 367.69 204.85 Td (\) in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 382.70 204.85 Td (accounts receivable) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 462.24 204.85 Td (.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 189.55 Td (The Company's securitization program requires the sale of trade receivables to be treated as a sale from an accounting perspective ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 178.75 Td (and as a result, trade receivables sold under this program are derecognized in the consolidated interim balance sheets as at ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 167.95 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 93.05 167.95 Td (, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 98.05 167.95 Td (June30, 2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 155.10 167.95 Td ( and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 175.12 167.95 Td (December31, 2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 254.17 167.95 Td (. ) Tj ET Q endstream endobj 45 0 obj <> endobj 46 0 obj <> stream BT /F2 6.50 Tf ET q 0 0 0 rg BT 205.90 764.95 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 233.95 764.95 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 337.48 764.95 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 415.72 764.95 Td ( ST) Tj ET Q q 0 0 0 rg BT 425.35 764.95 Td (A) Tj ET Q q 0 0 0 rg BT 429.56 764.95 Td (TEMENTS ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 462.43 764.95 Td (| Q2 2017) Tj ET Q BT /F2 6.50 Tf ET q 0 0 0 rg BT 490.86 764.95 Td ( ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 492.67 764.95 Td (| MAPLE LEAF FOODS INC.) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 301.80 50.20 Td (21) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 713.45 Td (5. INVENT) Tj ET Q q 0 0 0 rg BT 78.85 713.45 Td (ORIES) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 106.85 713.45 Td ( ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 670.45 m 301.5 670.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 670.45 m 333.5 670.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 670.45 m 388.5 670.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 670.45 m 420.5 670.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 670.45 m 475.5 670.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 670.45 m 507.5 670.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 670.45 m 562.5 670.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 600.45 m 301.5 600.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 301.5 600.45 m 333.5 600.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 333.5 600.45 m 388.5 600.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 388.5 600.45 m 420.5 600.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 420.5 600.45 m 475.5 600.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 475.5 600.45 m 507.5 600.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 507.5 600.45 m 562.5 600.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 586.45 m 301.5 586.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 586.45 m 333.5 586.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 586.45 m 388.5 586.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 586.45 m 420.5 586.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 586.45 m 475.5 586.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 586.45 m 507.5 586.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 586.45 m 562.5 586.45 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.45 688.85 Td (As at June 30,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 414.45 688.85 Td (As at June 30,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 479.45 688.85 Td (As at December 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 364.95 674.85 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 451.95 674.85 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 538.95 674.85 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 660.85 Td (Raw materials) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.00 660.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.45 660.85 Td (28,802) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.00 660.85 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 444.45 660.85 Td (29,300) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 510.00 660.85 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 531.45 660.85 Td (23,229) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 646.85 Td (Work in process) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.45 646.85 Td (21,111) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 444.45 646.85 Td (20,559) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 531.45 646.85 Td (16,309) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 632.85 Td (Finished goods) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 352.45 632.85 Td (205,661) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 439.45 632.85 Td (186,089) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 526.45 632.85 Td (175,452) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 618.85 Td (Packaging) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.45 618.85 Td (14,205) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 444.45 618.85 Td (13,748) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 531.45 618.85 Td (13,997) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 604.85 Td (Spare parts) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.45 604.85 Td (36,163) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 444.45 604.85 Td (32,562) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 531.45 604.85 Td (32,732) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.00 590.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 352.45 590.85 Td (305,942) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.00 590.85 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 439.45 590.85 Td (282,258) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 510.00 590.85 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 526.45 590.85 Td (261,719) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 571.65 Td (For the three months ended ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 149.57 571.65 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 206.62 571.65 Td (, inventory in the amount of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 317.68 571.65 Td ($720.5 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 373.21 571.65 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 378.71 571.65 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 398.73 571.65 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 403.73 571.65 Td ($666.3 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 459.27 571.65 Td (\) was expensed through cost ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 560.85 Td (of goods sold. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 545.55 Td (For the six months ended ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 140.05 545.55 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 197.10 545.55 Td (, inventory in the amount of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 308.17 545.55 Td ($1,352.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 371.21 545.55 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 376.70 545.55 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 396.73 545.55 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 401.73 545.55 Td ($1,279.2 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 464.77 545.55 Td (\) was expensed through ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 534.75 Td (cost of goods sold. ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 511.95 Td (6. BIOLOGICAL) Tj ET Q q 0 0 0 rg BT 102.34 511.95 Td ( ) Tj ET Q q 0 0 0 rg BT 104.51 511.95 Td (ASSETS) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 140.52 511.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 496.65 Td (The change in fair value of commercial hog and poultry stock for the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 309.14 496.65 Td (three months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 389.20 496.65 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 391.70 496.65 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 448.75 496.65 Td ( was a ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 477.26 496.65 Td (loss) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 493.26 496.65 Td ( of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 505.77 496.65 Td ($8.5 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 551.29 496.65 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 485.85 Td (\() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 485.85 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 59.02 485.85 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 64.02 485.85 Td (loss) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 80.02 485.85 Td ( of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 92.53 485.85 Td ($17.1 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 143.06 485.85 Td (\) and was recorded in cost of goods sold. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 470.55 Td (The change in fair value of commercial hog and poultry stock for the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 309.14 470.55 Td (six months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 379.68 470.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 382.18 470.55 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 439.23 470.55 Td ( was a ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 467.75 470.55 Td (loss) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 483.75 470.55 Td ( of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 496.26 470.55 Td ($5.7 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 541.78 470.55 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 547.28 470.55 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 567.30 470.55 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 459.75 Td (loss) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 52.00 459.75 Td ( of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 64.51 459.75 Td ($0.3 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 110.03 459.75 Td (\) and was recorded in cost of goods sold.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 444.45 Td (The fair value measures of commercial hog stock have been categorized as a Level 3 fair value based on inputs to the valuation ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 433.65 Td (techniques used. ) Tj ET Q q 0 0 0 rg BT 106.39 433.65 Td (There were no transfers between levels during the three and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 349.53 433.65 Td (six months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 420.07 433.65 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 422.57 433.65 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 479.62 433.65 Td ( and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 499.64 433.65 Td (June30, 2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 556.69 433.65 Td (.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 410.85 Td (7. PROVISIONS) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 102.02 410.85 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 104.52 410.85 Td () Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 322.85 m 230.5 322.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 322.85 m 273.5 322.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 322.85 m 290.5 322.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 322.85 m 333.5 322.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 322.85 m 350.5 322.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 322.85 m 393.5 322.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 370.85 m 410.5 370.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 322.85 m 410.5 322.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 370.85 m 456.5 370.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 322.85 m 456.5 322.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456.5 370.85 m 473.5 370.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456.5 322.85 m 473.5 322.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 370.85 m 516.5 370.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 322.85 m 516.5 322.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 322.85 m 533.5 322.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 533.5 322.85 m 576.5 322.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 252.85000000000002 m 230.5 252.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 230.5 252.85000000000002 m 273.5 252.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 273.5 252.85000000000002 m 290.5 252.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 290.5 252.85000000000002 m 333.5 252.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 333.5 252.85000000000002 m 350.5 252.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 350.5 252.85000000000002 m 393.5 252.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 393.5 252.85000000000002 m 410.5 252.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 410.5 252.85000000000002 m 456.5 252.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 456.5 252.85000000000002 m 473.5 252.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 473.5 252.85000000000002 m 516.5 252.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 516.5 252.85000000000002 m 533.5 252.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 533.5 252.85000000000002 m 576.5 252.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 182.85000000000002 m 230.5 182.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 230.5 182.85000000000002 m 273.5 182.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 273.5 182.85000000000002 m 290.5 182.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 290.5 182.85000000000002 m 333.5 182.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 333.5 182.85000000000002 m 350.5 182.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 350.5 182.85000000000002 m 393.5 182.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 393.5 182.85000000000002 m 410.5 182.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 410.5 182.85000000000002 m 456.5 182.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 456.5 182.85000000000002 m 473.5 182.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 473.5 182.85000000000002 m 516.5 182.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 516.5 182.85000000000002 m 533.5 182.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 533.5 182.85000000000002 m 576.5 182.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 182.85000000000002 m 230.5 182.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 168.85000000000002 m 230.5 168.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 230.5 182.85000000000002 m 273.5 182.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 168.85000000000002 m 273.5 168.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 273.5 182.85000000000002 m 290.5 182.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 168.85000000000002 m 290.5 168.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 290.5 182.85000000000002 m 333.5 182.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 168.85000000000002 m 333.5 168.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 333.5 182.85000000000002 m 350.5 182.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 168.85000000000002 m 350.5 168.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 350.5 182.85000000000002 m 393.5 182.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 168.85000000000002 m 393.5 168.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 393.5 182.85000000000002 m 410.5 182.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 168.85000000000002 m 410.5 168.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 410.5 182.85000000000002 m 456.5 182.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 168.85000000000002 m 456.5 168.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 456.5 182.85000000000002 m 473.5 182.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456.5 168.85000000000002 m 473.5 168.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 473.5 182.85000000000002 m 516.5 182.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 168.85000000000002 m 516.5 168.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 516.5 182.85000000000002 m 533.5 182.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 168.85000000000002 m 533.5 168.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 533.5 182.85000000000002 m 576.5 182.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 533.5 168.85000000000002 m 576.5 168.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 140.85000000000002 m 230.5 140.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 230.5 140.85000000000002 m 273.5 140.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 273.5 140.85000000000002 m 290.5 140.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 290.5 140.85000000000002 m 333.5 140.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 333.5 140.85000000000002 m 350.5 140.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 350.5 140.85000000000002 m 393.5 140.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 393.5 140.85000000000002 m 410.5 140.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 410.5 140.85000000000002 m 456.5 140.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 456.5 140.85000000000002 m 473.5 140.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 473.5 140.85000000000002 m 516.5 140.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 516.5 140.85000000000002 m 533.5 140.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 533.5 140.85000000000002 m 576.5 140.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 126.85000000000002 m 230.5 126.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 126.85000000000002 m 273.5 126.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 126.85000000000002 m 290.5 126.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 126.85000000000002 m 333.5 126.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 126.85000000000002 m 350.5 126.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 126.85000000000002 m 393.5 126.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 126.85000000000002 m 410.5 126.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 126.85000000000002 m 456.5 126.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456.5 126.85000000000002 m 473.5 126.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 126.85000000000002 m 516.5 126.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 126.85000000000002 m 533.5 126.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 533.5 126.85000000000002 m 576.5 126.85000000000002 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 399.70 386.50 Td (Restructuring and related) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 431.70 375.25 Td (provisions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 246.45 327.25 Td (Legal) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 293.45 338.50 Td (Environ-) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 300.95 327.25 Td (mental) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 364.45 349.75 Td (Lease) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 363.95 338.50 Td (make-) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 368.00 327.25 Td (good) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.95 361.00 Td (Severance) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 411.95 349.75 Td (and other) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 411.45 338.50 Td (employee) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 397.45 327.25 Td (related costs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.45 361.00 Td (Site) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 481.45 349.75 Td (closing) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 471.95 338.50 Td (and other) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 489.45 327.25 Td (costs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 552.15 327.25 Td (Total) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 313.25 Td (Balance as at December 31, 2016) Tj ET Q BT /F5 9.00 Tf ET BT /F5 5.85 Tf ET q 0 0 0 rg BT 180.09 317.54 Td (\(i\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 233.00 313.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 247.45 313.25 Td (2,250) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 293.00 313.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 307.45 313.25 Td (8,233) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 353.00 313.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 367.45 313.25 Td (2,228) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.00 313.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.45 313.25 Td (8,656) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 313.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.45 313.25 Td (7,077) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 313.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.45 313.25 Td (28,444) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 299.25 Td (Charges) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 261.00 299.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 321.00 299.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 381.00 299.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.45 299.25 Td (2,341) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 507.95 299.25 Td (9) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.45 299.25 Td (2,350) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 285.25 Td (Reversals) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 261.00 285.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 321.00 285.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 381.00 285.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 434.95 285.25 Td (\(219) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.00 285.25 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 494.95 285.25 Td (\(242) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 513.00 285.25 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 554.95 285.25 Td (\(461) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 573.00 285.25 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 271.25 Td (Cash payments) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 261.00 271.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 316.95 271.25 Td (\(18) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 330.00 271.25 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 381.00 271.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.45 271.25 Td (\(1,960) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.00 271.25 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 499.95 271.25 Td (\(25) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 513.00 271.25 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.45 271.25 Td (\(2,003) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 573.00 271.25 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 257.25 Td (Non-cash items) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 261.00 257.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 321.00 257.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 381.00 257.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 444.00 257.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.95 257.25 Td (32) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 562.95 257.25 Td (32) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 243.25 Td (Balance as at March31, 2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 233.00 243.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 247.45 243.25 Td (2,250) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 293.00 243.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 307.45 243.25 Td (8,215) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 353.00 243.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 367.45 243.25 Td (2,228) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.00 243.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.45 243.25 Td (8,818) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 243.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.45 243.25 Td (6,851) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 243.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.45 243.25 Td (28,362) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 229.25 Td (Charges) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 254.95 229.25 Td (288) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 314.95 229.25 Td (510) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 381.00 229.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.45 229.25 Td (2,505) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.95 229.25 Td (36) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.45 229.25 Td (3,339) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 215.25 Td (Reversals) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 261.00 215.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 321.00 215.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 381.00 215.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 434.95 215.25 Td (\(424) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.00 215.25 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 504.00 215.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 554.95 215.25 Td (\(424) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 573.00 215.25 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 201.25 Td (Cash payments) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 261.00 201.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 316.95 201.25 Td (\(35) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 330.00 201.25 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 381.00 201.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.45 201.25 Td (\(2,487) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.00 201.25 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 494.95 201.25 Td (\(170) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 513.00 201.25 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.45 201.25 Td (\(2,692) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 573.00 201.25 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 187.25 Td (Non-cash items) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 261.00 187.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 321.00 187.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 381.00 187.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 444.00 187.25 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.95 187.25 Td (31) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 562.95 187.25 Td (31) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 173.25 Td (Balance as at June 30, 2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 233.00 173.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 247.45 173.25 Td (2,538) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 293.00 173.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 307.45 173.25 Td (8,690) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 353.00 173.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 367.45 173.25 Td (2,228) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.00 173.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.45 173.25 Td (8,412) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 173.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.45 173.25 Td (6,748) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 173.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.45 173.25 Td (28,616) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 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ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 509.80 112.05 Td (.) Tj ET Q endstream endobj 47 0 obj <> endobj 48 0 obj <> stream BT /F2 6.50 Tf ET q 0 0 0 rg BT 205.90 764.95 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 233.95 764.95 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 337.48 764.95 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 415.72 764.95 Td ( ST) Tj ET Q q 0 0 0 rg BT 425.35 764.95 Td (A) Tj ET Q q 0 0 0 rg BT 429.56 764.95 Td (TEMENTS ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 462.43 764.95 Td (| Q2 2017) Tj ET Q BT /F2 6.50 Tf ET q 0 0 0 rg BT 490.86 764.95 Td ( ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 492.67 764.95 Td (| MAPLE LEAF FOODS INC.) 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ET q 0 0 0 rg BT 51.00 594.90 Td (Cash payments) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 261.00 594.90 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 316.95 594.90 Td (\(27) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 330.00 594.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 381.00 594.90 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 424.45 594.90 Td (\(7,392) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 450.00 594.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 491.95 594.90 Td (\(738) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 510.00 594.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 544.45 594.90 Td (\(8,157) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 570.00 594.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 580.90 Td (Non-cash items) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 261.00 580.90 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 321.00 580.90 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 381.00 580.90 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 436.95 580.90 Td (\(28) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 450.00 580.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 499.95 580.90 Td (91) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 559.95 580.90 Td (63) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 566.90 Td (Balance as at March31, 2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 233.00 566.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 247.45 566.90 Td (2,250) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 293.00 566.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 307.45 566.90 Td (8,308) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 353.00 566.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 367.45 566.90 Td (2,236) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 413.00 566.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 422.45 566.90 Td (18,611) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 473.00 566.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 487.45 566.90 Td (8,733) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 533.00 566.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 542.45 566.90 Td (40,138) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 552.90 Td (Charges) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 261.00 552.90 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 321.00 552.90 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 381.00 552.90 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 427.45 552.90 Td (2,538) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 494.95 552.90 Td (277) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 547.45 552.90 Td (2,815) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 538.90 Td (Reversals) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 261.00 538.90 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 321.00 538.90 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 381.00 538.90 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 424.45 538.90 Td (\(1,914) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 450.00 538.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 491.95 538.90 Td (\(323) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 510.00 538.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 544.45 538.90 Td (\(2,237) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 570.00 538.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 524.90 Td (Cash payments) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 261.00 524.90 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 316.95 524.90 Td (\(39) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 330.00 524.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 381.95 524.90 Td (\(8) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 390.00 524.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 424.45 524.90 Td (\(7,137) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 450.00 524.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 491.95 524.90 Td (\(297) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 510.00 524.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 544.45 524.90 Td (\(7,481) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 570.00 524.90 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 510.90 Td (Non-cash items) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 261.00 510.90 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 321.00 510.90 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 381.00 510.90 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 439.95 510.90 Td (21) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 499.95 510.90 Td (16) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 559.95 510.90 Td (37) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 496.90 Td (Balance at June 30, 2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 233.00 496.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 247.45 496.90 Td (2,250) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 293.00 496.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 307.45 496.90 Td (8,269) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 353.00 496.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 367.45 496.90 Td (2,228) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 413.00 496.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 422.45 496.90 Td (12,119) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 473.00 496.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 487.45 496.90 Td (8,406) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 533.00 496.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 542.45 496.90 Td (33,272) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 482.90 Td (Current) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 533.00 482.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 542.45 482.90 Td (19,517) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 468.90 Td (Non-current) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 542.45 468.90 Td (13,755) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 454.90 Td (Total as at June 30, 2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 533.00 454.90 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 542.45 454.90 Td (33,272) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 435.70 Td (Restructuring and Other Related Costs ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 420.40 Td (During the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 80.02 420.40 Td (three months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 160.08 420.40 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 162.58 420.40 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 219.63 420.40 Td (, the Company recorded restructuring and other related costs of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 475.26 420.40 Td ($5.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 520.79 420.40 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 526.28 420.40 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 546.31 420.40 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 551.31 420.40 Td ($0.6 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 409.60 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 61.51 409.60 Td (\).) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 67.00 409.60 Td ( Of this amount, $4.8 million related to accelerated depreciation and severance and other employee costs as a result of the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 398.80 Td (announced closure of the ) Tj ET Q q 0 0 0 rg BT 139.41 398.80 Td (Thamesford turkey processing plant. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 287.32 398.80 Td (The remaining $0.2 million related to ongoing management and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 388.00 Td (organizational restructuring initiatives. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 189.07 388.00 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 372.70 Td (During the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 80.02 372.70 Td (six months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 150.57 372.70 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 153.07 372.70 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 210.12 372.70 Td (, the Company recorded restructuring and the other related costs of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 480.76 372.70 Td ($1) Tj ET Q q 0 0 0 rg BT 490.10 372.70 Td (1.5 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 530.62 372.70 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 536.12 372.70 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 556.14 372.70 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 361.90 Td ($1.8 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 81.52 361.90 Td (\). ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 89.52 361.90 Td (Of this amount, $9.0 million related to accelerated depreciation and severance and other employee costs as a result of the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 351.10 Td (announced closure of the ) Tj ET Q q 0 0 0 rg BT 139.41 351.10 Td (Thamesford turkey processing plant. In addition, $1.9 million related to adjustments to share-based ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 340.30 Td (compensation for terminated employees pertaining to changes to the Company's management structure associated with previously ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 329.50 Td (divested businesses. ) Tj ET Q q 0 0 0 rg BT 121.89 329.50 Td (The remaining $0.6 million related to ongoing management and organizational restructuring initiatives. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 530.12 329.50 Td ( ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 306.70 Td (8. LONG-TERM DEBT) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 127.50 306.70 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 291.40 Td (On June 24, 2016, the Company entered into a three-year $400.0 million committed revolving credit facility with a syndicate of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 280.60 Td (Canadian, U.S. and international financial institutions. ) Tj ET Q q 0 0 0 rg BT 251.47 280.60 Td (This unsecured facility can be drawn in Canadian or U.S. dollars and bears ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 269.85 Td (interest payable monthly) Tj ET Q q 0 0 0 rg BT 132.89 269.85 Td (, based on Banker's ) Tj ET Q q 0 0 0 rg BT 214.16 269.85 Td (Acceptance and Prime rates for Canadian dollar loans and LIBOR for U.S. dollar loans. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 259.00 Td (The facility is intended to meet the Company's funding requirements for general purposes, and to provide appropriate levels of liquidity) Tj ET Q q 0 0 0 rg BT 569.35 259.00 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 248.20 Td (As at) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 56.51 248.20 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 59.01 248.20 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 116.06 248.20 Td (,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 118.56 248.20 Td ( the Company had drawn letters of credit of $6.3 million on this facility \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 400.69 248.20 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 420.71 248.20 Td (: $68.8 million\).) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 481.74 248.20 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 232.95 Td (This revolving term facility requires the maintenance of certain covenants. ) Tj ET Q q 0 0 0 rg BT 331.14 232.95 Td (As at ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 354.15 232.95 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 411.20 232.95 Td (, the Company was in compliance with all ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 222.10 Td (of these covenants. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 206.85 Td (The Company has an additional uncommitted credit facility for issuing up to a maximum of $120.0 million letters of credit. ) Tj ET Q q 0 0 0 rg BT 518.23 206.85 Td (As at) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 538.74 206.85 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 541.24 206.85 Td (June30, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 196.05 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 56.02 196.05 Td (,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 58.52 196.05 Td ( $66.8 million of letters of credit had been issued thereon ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 287.16 196.05 Td (\() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 290.16 196.05 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 310.18 196.05 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 315.18 196.05 Td ($85.5 million\). One letter of credit has been collateralized with ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 185.20 Td (cash, as further described in) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 149.06 185.20 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.56 185.20 Td (Note 3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 178.08 185.20 Td (.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 169.95 Td (The Company has various government loans on specific projects, with interest rates ranging from non-interest bearing to 2.9% per ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 159.10 Td (annum. ) Tj ET Q q 0 0 0 rg BT 68.36 159.10 Td (These facilities are repayable over various terms from 2022 to 2024. ) Tj ET Q q 0 0 0 rg BT 342.00 159.10 Td (As at ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 365.01 159.10 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 422.06 159.10 Td (, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 427.06 159.10 Td ($9.9 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 472.58 159.10 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 478.08 159.10 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 498.10 159.10 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 503.10 159.10 Td ($10.5 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 553.63 159.10 Td (\) was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 148.35 Td (outstanding. ) Tj ET Q q 0 0 0 rg BT 87.04 148.35 Td (All of these facilities are committed.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 125.50 Td (9. SHARE CAPIT) Tj ET Q q 0 0 0 rg BT 106.34 125.50 Td (AL) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 118.18 125.50 Td ( ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 110.20 Td (Share Repurchase) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 94.90 Td (On May 17, 2017, the ) Tj ET Q q 0 0 0 rg BT 124.89 94.90 Td (T) Tj ET Q q 0 0 0 rg BT 129.39 94.90 Td (oronto Stock Exchange \("TSX"\) accepted the Company's notice of intention to commence a Normal Course ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 84.10 Td (Issuer Bid \("NCIB"\), which allows the Company to repurchase, at its discretion, up to 8.20 million common shares in the open market or ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 73.30 Td (as otherwise permitted by the ) Tj ET Q q 0 0 0 rg BT 155.90 73.30 Td (TSX, subject to the normal terms and limitations of such bids. Common shares purchased by the ) Tj ET Q endstream endobj 49 0 obj <> endobj 50 0 obj <> stream BT /F2 6.50 Tf ET q 0 0 0 rg BT 205.90 764.95 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 233.95 764.95 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 337.48 764.95 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 415.72 764.95 Td ( ST) Tj ET Q q 0 0 0 rg BT 425.35 764.95 Td (A) Tj ET Q q 0 0 0 rg BT 429.56 764.95 Td (TEMENTS ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 462.43 764.95 Td (| Q2 2017) Tj ET Q BT /F2 6.50 Tf ET q 0 0 0 rg BT 490.86 764.95 Td ( ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 492.67 764.95 Td (| MAPLE LEAF FOODS INC.) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 301.80 50.20 Td (23) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 713.45 Td (Company are cancelled. ) Tj ET Q q 0 0 0 rg BT 135.39 713.45 Td (The program commenced on May 23, 2017 and will terminate on May 22, 2018, or on such earlier date as the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 702.65 Td (Company completes its purchases pursuant to the notice of intention. Under this bid during the three and six months ended June 30, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 691.85 Td (2017, 0.3 million shares \(2016: 0.0 million\) were purchased for cancellation for $8.8 million at a volume weighted average price paid of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 681.05 Td ($32.93 per common share.) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 665.75 Td (On May 16, 2016, the ) Tj ET Q q 0 0 0 rg BT 124.89 665.75 Td (TSX accepted the Company's notice of intention to commence a NCIB, which allowed the Company to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 654.95 Td (repurchase, at its discretion, up to 8.70 million common shares in the open market or as otherwise permitted by the ) Tj ET Q q 0 0 0 rg BT 495.56 654.95 Td (TSX, subject to the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 644.15 Td (normal terms and limitations of such bids. ) Tj ET Q q 0 0 0 rg BT 203.91 644.15 Td (The program commenced on May 19, 2016 and was terminated on May 18, 2017, as the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 633.35 Td (Company completed its purchase and cancellation of 5.52 million common shares for $163.1 million at a volume weighted average ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 622.55 Td (price of $29.57 per common share. Under this bid during the three months ended June 30, 2017, 0.6 million shares \(2016: 0.0 million\) ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 611.75 Td (were purchased for cancellation for $20.7 million at a volume weighted average price paid of $32.57 per common share. During the six ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 600.95 Td (months ended June 30, 2017, 3.4 million shares \(2016: 0.0 million\) were purchased for cancellation for $102.6 million at a volume ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 590.15 Td (weighted average price paid of $30.09 per common share. ) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 574.85 Td (On March 23, 2015, the ) Tj ET Q q 0 0 0 rg BT 132.90 574.85 Td (TSX accepted the Company's notice of intention to commence a NCIB, which allowed the Company to ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 564.05 Td (repurchase, at its discretion, up to 8.65 million common shares in the open market or as otherwise permitted by the ) Tj ET Q q 0 0 0 rg BT 495.56 564.05 Td (TSX, subject to the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 553.25 Td (normal terms and limitations of such bids. ) Tj ET Q q 0 0 0 rg BT 203.91 553.25 Td (The program commenced on March 25, 2015 and was terminated on January 22, 2016, as ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 542.45 Td (the Company completed its purchase and cancellation of 8.65 million common shares for $194.5 million at a volume weighted average ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 531.65 Td (price paid of $22.48 per common share. Under this bid during the six months ended June 30, 2016, 0.51 million shares were purchased ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 520.85 Td (for $1) Tj ET Q q 0 0 0 rg BT 58.35 520.85 Td (1.9 million at a volume weighted average price paid of $23.23 per common share. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 385.53 520.85 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 505.55 Td (The Company entered into an ) Tj ET Q q 0 0 0 rg BT 157.08 505.55 Td (Automatic Share Purchase Plan \("ASPP"\) with a broker that allows the purchase of common shares for ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 494.75 Td (cancellation under the NCIB at any time during predetermined trading blackout periods. ) Tj ET Q q 0 0 0 rg BT 385.20 494.75 Td (As at June 30, 2017, an obligation for the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 483.95 Td (repurchase of shares of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 133.05 483.95 Td ($29.7 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 183.58 483.95 Td ( \(2016: $0.0 million\) was recognized under the ) Tj ET Q q 0 0 0 rg BT 370.19 483.95 Td (ASPP) Tj ET Q q 0 0 0 rg BT 393.04 483.95 Td (. ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 461.15 Td (10. FINANCIAL) Tj ET Q q 0 0 0 rg BT 99.34 461.15 Td ( INSTRUMENTS ) Tj ET Q q 0 0 0 rg BT 169.01 461.15 Td (AND RISK MANAGEMENT ) Tj ET Q q 0 0 0 rg BT 282.67 461.15 Td (ACTIVITIES) Tj ET Q BT /F5 9.00 Tf ET q 0 0 0 rg BT 332.18 461.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 445.85 Td (The Company applies hedge accounting and uses derivatives and other non-derivative financial instruments to manage its exposures ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 435.05 Td (to fluctuations in foreign exchange rates and commodity prices.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 287.64 435.05 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 421.55 Td (The fair values and notional amounts of derivative financial instruments as at ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 343.67 421.55 Td (June 30) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 375.69 421.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 378.19 421.55 Td (are shown below:) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 448.23 421.55 Td ( ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 397.04999999999995 m 324.5 397.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 397.04999999999995 m 364.5 397.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 364.5 397.04999999999995 m 374.5 397.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 397.04999999999995 m 414.5 397.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 397.04999999999995 m 424.5 397.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 397.04999999999995 m 476.5 397.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.5 397.04999999999995 m 486.5 397.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 397.04999999999995 m 526.5 397.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 526.5 397.04999999999995 m 536.5 397.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 536.5 397.04999999999995 m 576.5 397.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 397.04999999999995 m 262.5 397.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 262.5 397.04999999999995 m 314.5 397.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 383.04999999999995 m 324.5 383.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 383.04999999999995 m 364.5 383.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 364.5 383.04999999999995 m 374.5 383.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 383.04999999999995 m 414.5 383.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.5 383.04999999999995 m 486.5 383.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 383.04999999999995 m 526.5 383.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 526.5 383.04999999999995 m 536.5 383.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 536.5 383.04999999999995 m 576.5 383.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 369.04999999999995 m 252.5 369.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 369.04999999999995 m 262.5 369.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 262.5 369.04999999999995 m 314.5 369.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 369.04999999999995 m 324.5 369.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 369.04999999999995 m 364.5 369.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 364.5 369.04999999999995 m 374.5 369.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 369.04999999999995 m 414.5 369.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 369.04999999999995 m 424.5 369.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 369.04999999999995 m 476.5 369.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.5 369.04999999999995 m 486.5 369.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 369.04999999999995 m 526.5 369.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 526.5 369.04999999999995 m 536.5 369.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 536.5 369.04999999999995 m 576.5 369.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 327.04999999999995 m 252.5 327.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 252.5 327.04999999999995 m 262.5 327.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 262.5 327.04999999999995 m 314.5 327.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 314.5 327.04999999999995 m 324.5 327.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 324.5 327.04999999999995 m 364.5 327.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 364.5 327.04999999999995 m 374.5 327.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 374.5 327.04999999999995 m 414.5 327.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 414.5 327.04999999999995 m 424.5 327.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 424.5 327.04999999999995 m 476.5 327.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 476.5 327.04999999999995 m 486.5 327.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 486.5 327.04999999999995 m 526.5 327.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 526.5 327.04999999999995 m 536.5 327.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 536.5 327.04999999999995 m 576.5 327.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 299.04999999999995 m 252.5 299.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 252.5 299.04999999999995 m 262.5 299.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 262.5 299.04999999999995 m 314.5 299.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 314.5 299.04999999999995 m 324.5 299.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 324.5 299.04999999999995 m 364.5 299.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 364.5 299.04999999999995 m 374.5 299.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 374.5 299.04999999999995 m 414.5 299.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 414.5 299.04999999999995 m 424.5 299.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 424.5 299.04999999999995 m 476.5 299.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 476.5 299.04999999999995 m 486.5 299.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 486.5 299.04999999999995 m 526.5 299.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 526.5 299.04999999999995 m 536.5 299.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 536.5 299.04999999999995 m 576.5 299.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 229.04999999999995 m 252.5 229.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 252.5 229.04999999999995 m 262.5 229.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 262.5 229.04999999999995 m 314.5 229.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 314.5 229.04999999999995 m 324.5 229.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 324.5 229.04999999999995 m 364.5 229.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 364.5 229.04999999999995 m 374.5 229.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 374.5 229.04999999999995 m 414.5 229.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 414.5 229.04999999999995 m 424.5 229.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 424.5 229.04999999999995 m 476.5 229.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 476.5 229.04999999999995 m 486.5 229.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 486.5 229.04999999999995 m 526.5 229.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 526.5 229.04999999999995 m 536.5 229.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 536.5 229.04999999999995 m 576.5 229.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 215.04999999999995 m 252.5 215.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 215.04999999999995 m 262.5 215.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 262.5 215.04999999999995 m 314.5 215.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 215.04999999999995 m 324.5 215.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 215.04999999999995 m 364.5 215.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 364.5 215.04999999999995 m 374.5 215.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 215.04999999999995 m 414.5 215.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 215.04999999999995 m 424.5 215.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 215.04999999999995 m 476.5 215.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.5 215.04999999999995 m 486.5 215.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 215.04999999999995 m 526.5 215.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 526.5 215.04999999999995 m 536.5 215.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 536.5 215.04999999999995 m 576.5 215.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 187.04999999999995 m 252.5 187.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 252.5 187.04999999999995 m 262.5 187.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 262.5 187.04999999999995 m 314.5 187.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 314.5 187.04999999999995 m 324.5 187.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 324.5 187.04999999999995 m 364.5 187.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 364.5 187.04999999999995 m 374.5 187.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 374.5 187.04999999999995 m 414.5 187.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 414.5 187.04999999999995 m 424.5 187.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 424.5 187.04999999999995 m 476.5 187.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 476.5 187.04999999999995 m 486.5 187.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 486.5 187.04999999999995 m 526.5 187.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 526.5 187.04999999999995 m 536.5 187.04999999999995 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 536.5 187.04999999999995 m 576.5 187.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 173.04999999999995 m 252.5 173.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 173.04999999999995 m 262.5 173.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 262.5 173.04999999999995 m 314.5 173.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 173.04999999999995 m 324.5 173.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 173.04999999999995 m 364.5 173.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 364.5 173.04999999999995 m 374.5 173.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 173.04999999999995 m 414.5 173.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 173.04999999999995 m 424.5 173.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 173.04999999999995 m 476.5 173.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.5 173.04999999999995 m 486.5 173.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 173.04999999999995 m 526.5 173.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 526.5 173.04999999999995 m 536.5 173.04999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 536.5 173.04999999999995 m 576.5 173.04999999999995 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.95 401.45 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 484.95 401.45 Td (2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 275.00 384.70 Td (Notional) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 272.95 373.45 Td (amount) Tj ET Q BT /F5 9.00 Tf ET BT /F5 5.85 Tf ET q 0 0 0 rg BT 305.45 377.74 Td (\(i\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 342.95 387.45 Td (Fair value) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 439.95 384.70 Td (Notional) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 437.75 373.45 Td (amount) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 467.77 377.74 Td (\(i\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.20 387.45 Td (Fair value) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.45 373.45 Td (Asset) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 376.95 373.45 Td (Liability) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 500.45 373.45 Td (Asset) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 542.95 373.45 Td (Liability) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 359.45 Td (Cash flow hedges) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 345.45 Td (Foreign exchange contracts) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 162.06 349.74 Td (\(ii\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 265.00 345.45 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 278.45 345.45 Td (257,973) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.00 345.45 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 338.45 345.45 Td (9,512) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.00 345.45 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 400.95 345.45 Td (99) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 427.00 345.45 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 440.45 345.45 Td (268,497) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 489.00 345.45 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 500.45 345.45 Td (7,082) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 539.00 345.45 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 345.45 Td (1,107) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 331.45 Td (Commodity contracts) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 135.52 335.74 Td (\(ii\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 288.45 331.45 Td (5,221) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 352.00 331.45 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 395.95 331.45 Td (137) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 450.45 331.45 Td (7,278) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 514.00 331.45 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 562.95 331.45 Td (94) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 317.45 Td (Fair value hedges) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 303.45 Td ( Commodity contracts) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 136.03 307.74 Td (\(ii\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 265.00 303.45 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 283.45 303.45 Td (89,995) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.00 303.45 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 352.00 303.45 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.00 303.45 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 388.45 303.45 Td (5,455) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 427.00 303.45 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 445.45 303.45 Td (71,106) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 489.00 303.45 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 514.00 303.45 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 539.00 303.45 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 303.45 Td (1,994) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 289.45 Td (Derivatives not designated in a) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 275.45 Td ( formal hedging relationship) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 261.45 Td (Interest rate swaps) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 265.00 261.45 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 278.45 261.45 Td (520,000) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.00 261.45 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 345.95 261.45 Td (822) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.00 261.45 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 388.45 261.45 Td (2,593) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 427.00 261.45 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 440.45 261.45 Td (520,000) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 489.00 261.45 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 500.45 261.45 Td (3,599) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 539.00 261.45 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 261.45 Td (9,351) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 247.45 Td (Foreign exchange contracts) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 162.06 251.74 Td (\(ii\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 278.45 247.45 Td (437,494) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.45 247.45 Td (10,225) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 388.45 247.45 Td (6,135) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 440.45 247.45 Td (129,836) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 507.95 247.45 Td (709) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 247.45 Td (3,684) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 233.45 Td (Commodity contracts) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 135.52 237.74 Td (\(ii\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 278.45 233.45 Td (603,126) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 338.45 233.45 Td (4,170) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 395.95 233.45 Td (381) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 440.45 233.45 Td (512,663) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 507.95 233.45 Td (793) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 557.95 233.45 Td (265) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 219.45 Td (Total fair value) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.00 219.45 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.45 219.45 Td (24,729) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.00 219.45 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 383.45 219.45 Td (14,800) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 489.00 219.45 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 495.45 219.45 Td (12,183) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 539.00 219.45 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 545.45 219.45 Td (16,495) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 205.45 Td (Current) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 69.01 209.74 Td (\(iii\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.00 205.45 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.45 205.45 Td (24,729) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.00 205.45 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 383.45 205.45 Td (14,800) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 489.00 205.45 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 495.45 205.45 Td (10,915) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 539.00 205.45 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 545.45 205.45 Td (13,237) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 191.45 Td (Non-current) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 352.00 191.45 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.00 191.45 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 500.45 191.45 Td (1,268) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 191.45 Td (3,258) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 177.45 Td (Total fair value) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.00 177.45 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.45 177.45 Td (24,729) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.00 177.45 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 383.45 177.45 Td (14,800) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 489.00 177.45 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 495.45 177.45 Td (12,183) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 539.00 177.45 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 545.45 177.45 Td (16,495) 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 36.00 162.54 Td (\(i\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 41.19 158.25 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 158.25 Td (Unless otherwise stated, notional amounts are stated at the contractual Canadian dollar equivalent. ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 451.24 158.25 Td ( ) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 36.00 147.24 Td (\(ii\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 42.49 142.95 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 142.95 Td (Derivatives are short-term and will impact profit or loss at various dates within the next 12 months. ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 446.16 142.95 Td ( ) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 36.00 131.94 Td (\(iii\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 43.79 127.65 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 53.46 127.65 Td (As at ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 76.47 127.65 Td (June30, 2017) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 133.52 127.65 Td (, the above fair value of current assets has been ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 328.14 127.65 Td (increased) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 367.16 127.65 Td ( on the consolidated balance sheet by an amount of ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 116.85 Td ($10.8 million) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 104.53 116.85 Td ( \(2016: ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 135.05 116.85 Td (increase) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 169.07 116.85 Td ( of ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 181.57 116.85 Td ($1) Tj ET Q q 0 0 0 rg BT 190.92 116.85 Td (1.4 million) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 231.43 116.85 Td (\),) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 239.43 116.85 Td (which represents the excess of thefair market value of exchange traded ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 106.05 Td (commodities contractsover the initial margin requirements. The excess or deficit in maintenance margin requirements with the ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 95.25 Td (futures exchange is net settled in cash each day and is therefore presented as cash and cash equivalents. ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 479.27 95.25 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 481.77 95.25 Td ( ) Tj ET Q endstream endobj 51 0 obj <> endobj 52 0 obj <> stream BT /F2 6.50 Tf ET q 0 0 0 rg BT 205.90 764.95 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 233.95 764.95 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 337.48 764.95 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 415.72 764.95 Td ( ST) Tj ET Q q 0 0 0 rg BT 425.35 764.95 Td (A) Tj ET Q q 0 0 0 rg BT 429.56 764.95 Td (TEMENTS ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 462.43 764.95 Td (| Q2 2017) Tj ET Q BT /F2 6.50 Tf ET q 0 0 0 rg BT 490.86 764.95 Td ( ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 492.67 764.95 Td (| MAPLE LEAF FOODS INC.) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 301.80 50.20 Td (24) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 713.10 Td (During the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 80.02 713.10 Td (three months ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.08 713.10 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 162.58 713.10 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 219.63 713.10 Td (, the Company recorded a) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 323.69 713.10 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 326.19 713.10 Td (gain) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 343.20 713.10 Td ( of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 355.71 713.10 Td ($8.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 401.23 713.10 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 403.73 713.10 Td (\() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 406.73 713.10 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 426.75 713.10 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 431.75 713.10 Td (gain) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 448.77 713.10 Td ( of $) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 466.28 713.10 Td (1.8 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.80 713.10 Td (\) ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 512.30 713.10 Td (on non-) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 702.30 Td (designated financial instruments held for trading. ) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 687.00 Td (During the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 80.02 687.00 Td (six months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 150.57 687.00 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 153.07 687.00 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 210.12 687.00 Td (, the Company recorded a ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 316.67 687.00 Td (gain) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 333.69 687.00 Td ( of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 346.20 687.00 Td ($1) Tj ET Q q 0 0 0 rg BT 355.54 687.00 Td (1.1 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 396.06 687.00 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 401.55 687.00 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 421.58 687.00 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 426.58 687.00 Td (loss) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 442.58 687.00 Td ( of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 455.09 687.00 Td ($0.8 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 500.61 687.00 Td (\) on non-) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 676.20 Td (designated financial instruments held for trading.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 660.90 Td (During the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 80.02 660.90 Td (three months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 160.08 660.90 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 162.58 660.90 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 219.63 660.90 Td (, the pre-tax amount of hedge inef) Tj ET Q q 0 0 0 rg BT 354.56 660.90 Td (fectiveness recognized in other income was a) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 536.15 660.90 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 538.65 660.90 Td (gain) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 555.67 660.90 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 558.17 660.90 Td (of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 650.10 Td ($0.1 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 81.52 650.10 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 84.02 650.10 Td (\() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 87.02 650.10 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 107.04 650.10 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 112.04 650.10 Td (loss) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 128.05 650.10 Td ( of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 140.55 650.10 Td ($0.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 186.08 650.10 Td (\). ) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 634.80 Td (During the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 80.02 634.80 Td (six months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 150.57 634.80 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 153.07 634.80 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 210.12 634.80 Td (, the pre-tax amount of hedge inef) Tj ET Q q 0 0 0 rg BT 345.04 634.80 Td (fectiveness recognized in other income was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 521.63 634.80 Td (gain) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 538.65 634.80 Td ( of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 551.15 634.80 Td ($0.2 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 624.00 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 61.51 624.00 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 67.00 624.00 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 87.02 624.00 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 92.03 624.00 Td (gain) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 109.04 624.00 Td ( of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 121.55 624.00 Td ($0.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 167.07 624.00 Td (\). ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 593.40 Td (The table below sets out fair value measurements of financial instruments using the fair value hierarchy as at ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 471.22 593.40 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 528.27 593.40 Td (:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 564.4 m 320.5 564.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 564.4 m 332.5 564.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 564.4 m 384.5 564.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 564.4 m 396.5 564.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 564.4 m 448.5 564.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 564.4 m 460.5 564.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 564.4 m 512.5 564.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 564.4 m 524.5 564.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 524.5 564.4 m 576.5 564.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 508.4 m 320.5 508.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 320.5 508.4 m 332.5 508.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 332.5 508.4 m 384.5 508.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 384.5 508.4 m 396.5 508.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 396.5 508.4 m 448.5 508.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 448.5 508.4 m 460.5 508.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 508.4 m 512.5 508.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 512.5 508.4 m 524.5 508.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 524.5 508.4 m 576.5 508.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 494.4 m 320.5 494.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 494.4 m 332.5 494.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 494.4 m 384.5 494.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 494.4 m 396.5 494.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 494.4 m 448.5 494.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 494.4 m 460.5 494.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 494.4 m 512.5 494.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 494.4 m 524.5 494.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 524.5 494.4 m 576.5 494.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 438.4 m 320.5 438.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 320.5 438.4 m 332.5 438.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 332.5 438.4 m 384.5 438.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 384.5 438.4 m 396.5 438.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 396.5 438.4 m 448.5 438.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 448.5 438.4 m 460.5 438.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 460.5 438.4 m 512.5 438.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 512.5 438.4 m 524.5 438.4 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 524.5 438.4 m 576.5 438.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 424.4 m 320.5 424.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 424.4 m 332.5 424.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 424.4 m 384.5 424.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 424.4 m 396.5 424.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 424.4 m 448.5 424.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 424.4 m 460.5 424.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 424.4 m 512.5 424.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 424.4 m 524.5 424.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 524.5 424.4 m 576.5 424.4 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 350.45 568.80 Td (Level 1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 414.45 568.80 Td (Level 2) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 478.45 568.80 Td (Level3) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 552.15 568.80 Td (Total) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 554.80 Td (Assets:) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 540.80 Td (Foreign exchange contracts) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 335.00 540.80 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 372.00 540.80 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 399.00 540.80 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 417.45 540.80 Td (19,737) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 463.00 540.80 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 500.00 540.80 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.00 540.80 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 545.45 540.80 Td (19,737) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 526.80 Td (Commodity contracts) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 358.45 526.80 Td (4,170) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 436.00 526.80 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 500.00 526.80 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 526.80 Td (4,170) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 512.80 Td (Interest rate swaps) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 372.00 512.80 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 429.95 512.80 Td (822) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 500.00 512.80 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 557.95 512.80 Td (822) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.00 498.80 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 358.45 498.80 Td (4,170) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 399.00 498.80 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.45 498.80 Td (20,559) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.00 498.80 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 500.00 498.80 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 527.00 498.80 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.45 498.80 Td (24,729) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 484.80 Td (Liabilities:) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 470.80 Td (Foreign exchange contracts) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 335.00 470.80 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 372.00 470.80 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 399.00 470.80 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 422.45 470.80 Td (6,234) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 463.00 470.80 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 500.00 470.80 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.00 470.80 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 470.80 Td (6,234) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 456.80 Td (Commodity contracts) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 358.45 456.80 Td (5,592) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 429.95 456.80 Td (381) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 500.00 456.80 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 456.80 Td (5,973) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 442.80 Td (Interest rate swaps) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 372.00 442.80 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 422.45 442.80 Td (2,593) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 500.00 442.80 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 442.80 Td (2,593) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.00 428.80 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 358.45 428.80 Td (5,592) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 399.00 428.80 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 422.45 428.80 Td (9,208) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.00 428.80 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 500.00 428.80 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 527.00 428.80 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.45 428.80 Td (14,800) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 409.60 Td (There were no transfers between levels during the six months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 309.15 409.60 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 311.65 409.60 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 368.70 409.60 Td ( and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 388.72 409.60 Td (June30, 2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 445.77 409.60 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 450.77 409.60 Td (Determination of fair value and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 398.80 Td (the resulting hierarchy requires the use of observable market data whenever available and is consistent with the methodology used in ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 388.00 Td (the 2016 annual audited consolidated financial statements. ) Tj ET Q q 0 0 0 rg BT 272.50 388.00 Td (The classification of a financial instrument in the hierarchy is based upon ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 377.20 Td (the lowest level of input that is significant to the measurement of fair value. For financial instruments that are recognized at fair value on ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 366.40 Td (a recurring basis, the Company determines whether transfers have occurred between levels in the hierarchy by re-assessing ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 355.60 Td (categorization at the end of each reporting period.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 234.63 355.60 Td ( ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 340.30 Td (Accumulated other comprehensive income \(loss\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 325.00 Td (The Company estimates that ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 153.55 325.00 Td ($6.9 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 199.08 325.00 Td (, net of tax of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 253.61 325.00 Td ($2.4 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 299.13 325.00 Td (, of unrealized ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 358.17 325.00 Td (gains) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 379.68 325.00 Td ( included in accumulated other comprehensive ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 314.20 Td (income \(loss\) will be reclassified into net earnings within the next 12 months. ) Tj ET Q q 0 0 0 rg BT 342.98 314.20 Td (The actual amount of this reclassification will be impacted ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 303.40 Td (by future changes in the fair value of financial instruments designated as cash flow hedges. ) Tj ET Q q 0 0 0 rg BT 401.05 303.40 Td (The actual amount reclassified could dif) Tj ET Q q 0 0 0 rg BT 558.98 303.40 Td (fer ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 292.60 Td (from this estimated amount. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 277.30 Td (During the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 80.02 277.30 Td (three months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 160.08 277.30 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 162.58 277.30 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 219.63 277.30 Td (, a ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 232.14 277.30 Td (gain) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 249.15 277.30 Td ( of approximately ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 320.19 277.30 Td ($0.2 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 365.71 277.30 Td (, net of tax of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 420.24 277.30 Td ($0.1 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 465.76 277.30 Td (, was released to earnings ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 266.50 Td (from accumulated other comprehensive income \(loss\) and included in the net change for the period \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 436.22 266.50 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 456.24 266.50 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 461.24 266.50 Td (gain) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 478.26 266.50 Td ( of approximately ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 549.29 266.50 Td ($3.8 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 255.70 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 61.51 255.70 Td (, net of tax of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 116.04 255.70 Td ($1.3 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 161.56 255.70 Td (\).) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 240.40 Td (During the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 80.02 240.40 Td (six months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 150.57 240.40 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 153.07 240.40 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 210.12 240.40 Td (, a ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 222.62 240.40 Td (loss) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 238.63 240.40 Td ( of approximately ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 309.66 240.40 Td ($0.1 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 355.18 240.40 Td (, net of tax of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 409.72 240.40 Td ($0.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 455.24 240.40 Td (, was released to earnings ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 229.60 Td (from accumulated other comprehensive income \(loss\) and included in the net change for the period \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 436.22 229.60 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 456.24 229.60 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 461.24 229.60 Td (gain) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 478.26 229.60 Td ( of approximately ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 549.29 229.60 Td ($2.8 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 218.80 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 61.51 218.80 Td (, net of tax of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 116.04 218.80 Td ($1.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 161.56 218.80 Td (\).) Tj ET Q endstream endobj 53 0 obj <> endobj 54 0 obj <> stream BT /F2 6.50 Tf ET q 0 0 0 rg BT 205.90 764.95 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 233.95 764.95 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 337.48 764.95 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 415.72 764.95 Td ( ST) Tj ET Q q 0 0 0 rg BT 425.35 764.95 Td (A) Tj ET Q q 0 0 0 rg BT 429.56 764.95 Td (TEMENTS ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 462.43 764.95 Td (| Q2 2017) Tj ET Q BT /F2 6.50 Tf ET q 0 0 0 rg BT 490.86 764.95 Td ( ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 492.67 764.95 Td (| MAPLE LEAF FOODS INC.) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 301.80 50.20 Td (25) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 713.45 Td (1) Tj ET Q q 0 0 0 rg BT 40.51 713.45 Td (1. OTHER INCOME \(EXPENSE\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 171.53 713.45 Td ( ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 684.45 m 328.5 684.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 684.45 m 375.5 684.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 684.45 m 395.5 684.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 684.45 m 442.5 684.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 684.45 m 462.5 684.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 684.45 m 509.5 684.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 684.45 m 529.5 684.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 529.5 684.45 m 576.5 684.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 670.45 m 308.5 670.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 670.45 m 328.5 670.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 670.45 m 375.5 670.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 670.45 m 395.5 670.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 670.45 m 442.5 670.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 670.45 m 462.5 670.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 670.45 m 509.5 670.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 670.45 m 529.5 670.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 529.5 670.45 m 576.5 670.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 544.45 m 308.5 544.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 308.5 544.45 m 328.5 544.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 328.5 544.45 m 375.5 544.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 375.5 544.45 m 395.5 544.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 395.5 544.45 m 442.5 544.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 442.5 544.45 m 462.5 544.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 462.5 544.45 m 509.5 544.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 509.5 544.45 m 529.5 544.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 529.5 544.45 m 576.5 544.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 530.45 m 308.5 530.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 530.45 m 328.5 530.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 530.45 m 375.5 530.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 530.45 m 395.5 530.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 530.45 m 442.5 530.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 530.45 m 462.5 530.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 530.45 m 509.5 530.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 530.45 m 529.5 530.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 529.5 530.45 m 576.5 530.45 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 311.95 688.85 Td (Three months ended June 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.95 688.85 Td (Six months ended June 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 351.95 674.85 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 418.95 674.85 Td (2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 485.95 674.85 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 552.95 674.85 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 660.85 Td (Loss on disposal of property and equipment) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 331.00 660.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 353.95 660.85 Td (\(522) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.00 660.85 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 398.00 660.85 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 420.60 660.85 Td (\(265) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.65 660.85 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 465.00 660.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 487.95 660.85 Td (\(843) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 506.00 660.85 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 532.00 660.85 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 554.95 660.85 Td (\(512) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 573.00 660.85 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 646.85 Td (Gain \(loss\) on sale of investment properties) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 349.45 646.85 Td (1,353) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 429.65 646.85 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.45 646.85 Td (1,353) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 554.95 646.85 Td (\(250) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 573.00 646.85 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 632.85 Td (Net investment property expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 353.95 632.85 Td (\(425) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.00 632.85 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 420.60 632.85 Td (\(481) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.65 632.85 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 487.95 632.85 Td (\(749) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 506.00 632.85 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 547.45 632.85 Td (\(1,141) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 573.00 632.85 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 618.85 Td (Impairment of assets) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 122.53 623.14 Td (\(i\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 363.00 618.85 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 413.10 618.85 Td (\(1,022) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.65 618.85 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 497.00 618.85 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 547.45 618.85 Td (\(1,022) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 573.00 618.85 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 604.85 Td (Interest income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 361.95 604.85 Td (98) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.60 604.85 Td (572) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.95 604.85 Td (778) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 604.85 Td (1,138) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 590.85 Td (Net expense on non-designated interest rate swaps) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 346.45 590.85 Td (\(1,005) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.00 590.85 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 420.60 590.85 Td (\(994) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.65 590.85 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.45 590.85 Td (\(2,009) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 506.00 590.85 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 547.45 590.85 Td (\(2,009) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 573.00 590.85 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 576.85 Td (Change in fair value of non-designated interest rate swaps) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 356.95 576.85 Td (997) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.60 576.85 Td (969) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.45 576.85 Td (1,994) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 576.85 Td (1,968) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 562.85 Td (Legal and other fees on acquisition) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 353.95 562.85 Td (\(664) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.00 562.85 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 429.65 562.85 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.45 562.85 Td (\(4,959) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 506.00 562.85 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 564.00 562.85 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 548.85 Td (Other) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 353.95 548.85 Td (\(964) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.00 548.85 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 413.10 548.85 Td (\(1,380) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.65 548.85 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.95 548.85 Td (599) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 547.45 548.85 Td (\(1,364) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 573.00 548.85 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 331.00 534.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 346.45 534.85 Td (\(1,132) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.00 534.85 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 398.00 534.85 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 413.10 534.85 Td (\(2,601) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 438.65 534.85 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 465.00 534.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.45 534.85 Td (\(3,836) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 506.00 534.85 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 532.00 534.85 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 547.45 534.85 Td (\(3,192) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 573.00 534.85 Td (\)) 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 36.00 519.94 Td (\(i\) ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 515.65 Td (Relates to impairment of property and equipment not in use.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 492.85 Td (12. INTEREST EXPENSE ) Tj ET Q q 0 0 0 rg BT 142.70 492.85 Td (AND OTHER FINANCING COSTS) Tj ET Q BT /F2 9.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 463.85 m 327.5 463.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 463.85 m 374.5 463.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 463.85 m 394.5 463.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 463.85 m 441.5 463.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 463.85 m 461.5 463.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 463.85 m 508.5 463.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 463.85 m 528.5 463.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 528.5 463.85 m 575.5 463.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 35.5 449.85 m 307.5 449.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 449.85 m 327.5 449.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 449.85 m 374.5 449.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 449.85 m 394.5 449.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 449.85 m 441.5 449.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 449.85 m 461.5 449.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 449.85 m 508.5 449.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 449.85 m 528.5 449.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 528.5 449.85 m 575.5 449.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 35.5 393.85 m 307.5 393.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 307.5 393.85 m 327.5 393.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 327.5 393.85 m 374.5 393.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 374.5 393.85 m 394.5 393.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 394.5 393.85 m 441.5 393.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 441.5 393.85 m 461.5 393.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 461.5 393.85 m 508.5 393.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 508.5 393.85 m 528.5 393.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 528.5 393.85 m 575.5 393.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 35.5 379.85 m 307.5 379.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 379.85 m 327.5 379.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 379.85 m 374.5 379.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 379.85 m 394.5 379.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 379.85 m 441.5 379.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 379.85 m 461.5 379.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 379.85 m 508.5 379.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 379.85 m 528.5 379.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 528.5 379.85 m 575.5 379.85 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 310.95 468.25 Td (Three months ended June 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.95 468.25 Td (Six months ended June 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 350.95 454.25 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 417.95 454.25 Td (2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 484.95 454.25 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 551.95 454.25 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 38.00 440.25 Td (Interest expense on long-term debt) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 330.00 440.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 355.95 440.25 Td (108) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 397.00 440.25 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 422.95 440.25 Td (113) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.00 440.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 489.95 440.25 Td (216) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 531.00 440.25 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 556.95 440.25 Td (227) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 38.00 426.25 Td (Interest expense on securitized receivables) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 355.95 426.25 Td (352) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 422.95 426.25 Td (398) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 489.95 426.25 Td (658) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 556.95 426.25 Td (766) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 38.00 412.25 Td (Amortization of deferred finance charges) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 355.95 412.25 Td (313) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 427.95 412.25 Td (92) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 489.95 412.25 Td (615) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 556.95 412.25 Td (184) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 38.00 398.25 Td (Other interest charges) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 355.95 398.25 Td (572) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 422.95 398.25 Td (608) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 482.45 398.25 Td (1,083) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 549.45 398.25 Td (1,140) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 330.00 384.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.45 384.25 Td (1,345) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 397.00 384.25 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 415.45 384.25 Td (1,211) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.00 384.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 482.45 384.25 Td (2,572) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 531.00 384.25 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 549.45 384.25 Td (2,317) Tj ET Q BT /F1 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 353.05 Td (13. EARNINGS PER SHARE) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 153.53 353.05 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 337.75 Td (Basic earnings per share amounts are calculated by dividing the net earnings of the Company by the weighted average number of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 326.95 Td (shares outstanding during the quarter) Tj ET Q q 0 0 0 rg BT 185.10 326.95 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 311.65 Td (Diluted earnings per share amounts are calculated by dividing the net earnings of the Company by the weighted average number of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 300.85 Td (shares outstanding during the quarter) Tj ET Q q 0 0 0 rg BT 185.10 300.85 Td (, adjusted for the ef) Tj ET Q q 0 0 0 rg BT 261.99 300.85 Td (fects of potentially dilutive instruments. ) Tj ET Q endstream endobj 55 0 obj <> endobj 56 0 obj <> stream BT /F2 6.50 Tf ET q 0 0 0 rg BT 205.90 764.95 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 233.95 764.95 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 337.48 764.95 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 415.72 764.95 Td ( ST) Tj ET Q q 0 0 0 rg BT 425.35 764.95 Td (A) Tj ET Q q 0 0 0 rg BT 429.56 764.95 Td (TEMENTS ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 462.43 764.95 Td (| Q2 2017) Tj ET Q BT /F2 6.50 Tf ET q 0 0 0 rg BT 490.86 764.95 Td ( ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 492.67 764.95 Td (| MAPLE LEAF FOODS INC.) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 301.80 50.20 Td (26) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 713.45 Td (The following table sets forth the calculation of basic and diluted earnings per share \(EPS\): ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 263.5 684.45 m 273.5 684.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 684.45 m 317.5 684.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 684.45 m 327.5 684.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 684.45 m 373.5 684.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 684.45 m 383.5 684.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.5 684.45 m 418.5 684.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 684.45 m 428.5 684.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 684.45 m 477.5 684.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 684.45 m 487.5 684.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 684.45 m 531.5 684.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 531.5 684.45 m 541.5 684.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 541.5 684.45 m 576.5 684.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 263.5 635.45 m 273.5 635.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 635.45 m 317.5 635.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 635.45 m 327.5 635.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 635.45 m 373.5 635.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 684.45 m 383.5 684.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 635.45 m 383.5 635.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.5 684.45 m 418.5 684.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.5 635.45 m 418.5 635.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 635.45 m 428.5 635.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 635.45 m 477.5 635.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 635.45 m 487.5 635.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 635.45 m 531.5 635.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 531.5 635.45 m 541.5 635.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 541.5 635.45 m 576.5 635.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 635.45 m 263.5 635.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 635.45 m 317.5 635.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 635.45 m 373.5 635.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.5 635.45 m 418.5 635.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 635.45 m 477.5 635.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 635.45 m 531.5 635.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 541.5 635.45 m 576.5 635.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 593.45 m 263.5 593.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 263.5 593.45 m 273.5 593.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 273.5 593.45 m 317.5 593.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 317.5 593.45 m 327.5 593.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 327.5 593.45 m 373.5 593.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 373.5 593.45 m 383.5 593.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 383.5 593.45 m 418.5 593.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 418.5 593.45 m 428.5 593.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 428.5 593.45 m 477.5 593.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 477.5 593.45 m 487.5 593.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 487.5 593.45 m 531.5 593.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 531.5 593.45 m 541.5 593.45 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 541.5 593.45 m 576.5 593.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 537.45 m 263.5 537.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 263.5 537.45 m 273.5 537.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 537.45 m 317.5 537.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 537.45 m 327.5 537.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 537.45 m 373.5 537.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 537.45 m 383.5 537.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.5 537.45 m 418.5 537.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 537.45 m 428.5 537.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 537.45 m 477.5 537.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 537.45 m 487.5 537.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 537.45 m 531.5 537.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 531.5 537.45 m 541.5 537.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 541.5 537.45 m 576.5 537.45 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.45 688.85 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 491.95 688.85 Td (2016) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 39.00 639.85 Td (Three months ended June 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 299.45 651.10 Td (Net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 276.45 639.85 Td (earnings) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.65 673.60 Td (W) Tj ET Q q 0 0 0 rg BT 337.98 673.60 Td (eighted ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.95 662.35 Td (average ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 326.00 651.10 Td (numberof ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.80 639.85 Td (shares) Tj ET Q BT /F5 9.00 Tf ET BT /F5 5.85 Tf ET q 0 0 0 rg BT 362.82 644.14 Td (\(ii\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.95 639.85 Td (EPS) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 459.95 651.10 Td (Net) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 439.45 639.85 Td (earnings) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 490.10 673.60 Td (W) Tj ET Q q 0 0 0 rg BT 498.43 673.60 Td (eighted ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 495.45 662.35 Td (average ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 487.45 651.10 Td (numberof ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 494.45 639.85 Td (shares) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 521.46 644.14 Td (\(ii\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 554.95 639.85 Td (EPS) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 625.85 Td (Basic) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 276.00 625.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 286.45 625.85 Td (37,342) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 347.45 625.85 Td (129.1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.00 625.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 397.45 625.85 Td (0.29) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 431.00 625.85 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 446.45 625.85 Td (31,381) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 505.45 625.85 Td (134.4) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 544.00 625.85 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 555.45 625.85 Td (0.23) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 611.85 Td (Share-based compensation) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 149.07 616.14 Td (\(i\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.45 611.85 Td (3.8) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 515.45 611.85 Td (3.0) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 597.85 Td (Diluted) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 276.00 597.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 286.45 597.85 Td (37,342) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 347.45 597.85 Td (132.9) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.00 597.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 397.45 597.85 Td (0.28) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 431.00 597.85 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 446.45 597.85 Td (31,381) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 505.45 597.85 Td (137.4) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 544.00 597.85 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 555.45 597.85 Td (0.23) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 39.00 583.85 Td (Six months ended June 30,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 569.85 Td (Basic) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 276.00 569.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 286.45 569.85 Td (67,447) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 347.45 569.85 Td (129.8) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 397.45 569.85 Td (0.52) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 431.00 569.85 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 446.45 569.85 Td (73,650) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 505.45 569.85 Td (134.5) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 544.00 569.85 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 555.45 569.85 Td (0.55) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 555.85 Td (Share-based compensation) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 149.07 560.14 Td (\(i\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.45 555.85 Td (3.3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 515.45 555.85 Td (3.3) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 541.85 Td (Diluted) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 276.00 541.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 286.45 541.85 Td (67,447) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 347.45 541.85 Td (133.1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.00 541.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 397.45 541.85 Td (0.51) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 431.00 541.85 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 446.45 541.85 Td (73,650) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 505.45 541.85 Td (137.8) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 544.00 541.85 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 555.45 541.85 Td (0.53) 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 36.00 526.94 Td (\(i\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 41.19 522.65 Td ( ) Tj ET Q q 0 0 0 rg BT 54.00 522.65 Td (Excludes the effect of approximately ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 201.08 522.65 Td (2.7 million) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 241.59 522.65 Td ( \() Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 247.09 522.65 Td (2016) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 267.11 522.65 Td (: ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 272.11 522.65 Td (3.9 million) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 312.63 522.65 Td (\) options and performance shares for the ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 477.72 522.65 Td (three months ended) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 557.78 522.65 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.00 511.85 Td (June30, 2017) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 111.05 511.85 Td ( and ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 131.07 511.85 Td (3.2 million) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 171.58 511.85 Td ( \() Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 177.08 511.85 Td (2016) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 197.10 511.85 Td (: ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 202.10 511.85 Td (3.6 million) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 242.62 511.85 Td (\) for the ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 276.13 511.85 Td (six months ended) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 346.68 511.85 Td ( ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 349.18 511.85 Td (June30, 2017) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 406.23 511.85 Td ( that are anti-dilutive. ) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 36.00 500.84 Td (\(ii\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 42.49 496.55 Td ( ) Tj ET Q q 0 0 0 rg BT 54.00 496.55 Td (In millions. ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 473.75 Td (14. SHARE-BASED P) Tj ET Q q 0 0 0 rg BT 124.85 473.75 Td (A) Tj ET Q q 0 0 0 rg BT 130.53 473.75 Td (YMENT) Tj ET Q BT /F2 9.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 458.45 Td (Stock Options ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 443.15 Td (A) Tj ET Q q 0 0 0 rg BT 41.51 443.15 Td ( summary of the status of the Company) Tj ET Q q 0 0 0 rg BT 200.41 443.15 Td (s outstanding stock options and changes during the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 408.05 443.15 Td (six months ended June 30) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 513.12 443.15 Td ( are presented ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 432.35 Td (below: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 403.35 m 388.5 403.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 403.35 m 408.5 403.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 403.35 m 443.5 403.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 403.35 m 463.5 403.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 403.35 m 521.5 403.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521.5 403.35 m 541.5 403.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 541.5 403.35 m 576.5 403.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 355.35 m 330.5 355.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 355.35 m 388.5 355.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 355.35 m 408.5 355.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 355.35 m 443.5 355.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 355.35 m 463.5 355.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 355.35 m 521.5 355.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521.5 355.35 m 541.5 355.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 541.5 355.35 m 576.5 355.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 355.35 m 330.5 355.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 355.35 m 443.5 355.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 541.5 299.35 m 576.5 299.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 299.35 m 330.5 299.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 330.5 299.35 m 388.5 299.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 388.5 299.35 m 408.5 299.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 408.5 299.35 m 443.5 299.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 443.5 299.35 m 463.5 299.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 463.5 299.35 m 521.5 299.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 521.5 299.35 m 541.5 299.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 541.5 299.35 m 576.5 299.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 271.35 m 330.5 271.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 330.5 271.35 m 388.5 271.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 388.5 271.35 m 408.5 271.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 408.5 271.35 m 443.5 271.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 443.5 271.35 m 463.5 271.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 463.5 271.35 m 521.5 271.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 521.5 271.35 m 541.5 271.35 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 541.5 271.35 m 576.5 271.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 257.35 m 330.5 257.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 257.35 m 388.5 257.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 257.35 m 408.5 257.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 257.35 m 443.5 257.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 257.35 m 463.5 257.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 257.35 m 521.5 257.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521.5 257.35 m 541.5 257.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 541.5 257.35 m 576.5 257.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 243.35000000000002 m 330.5 243.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 243.35000000000002 m 388.5 243.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 243.35000000000002 m 408.5 243.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 243.35000000000002 m 443.5 243.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 243.35000000000002 m 463.5 243.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 243.35000000000002 m 521.5 243.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521.5 243.35000000000002 m 541.5 243.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 541.5 243.35000000000002 m 576.5 243.35000000000002 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 376.45 407.75 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 509.45 407.75 Td (2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 351.00 371.00 Td (Options) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.50 359.75 Td (outstanding) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 399.65 393.50 Td (Weighted) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 405.95 382.25 Td (average) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 403.95 371.00 Td (exercise) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 418.45 359.75 Td (price) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 486.95 371.00 Td (Options) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 471.45 359.75 Td (outstanding) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 535.10 393.50 Td (Weighted) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 540.45 382.25 Td (average) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 539.45 371.00 Td (exercise) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 553.45 359.75 Td (price) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 345.75 Td (Outstanding at January 1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 344.95 345.75 Td (4,260,000) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 411.00 345.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.45 345.75 Td (17.73) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 477.95 345.75 Td (3,608,000) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 544.00 345.75 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 345.75 Td (16.61) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 331.75 Td (Granted) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 352.45 331.75 Td (732,200) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.45 331.75 Td (30.86) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 485.45 331.75 Td (841,300) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 331.75 Td (22.53) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 317.75 Td (Exercised) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 349.45 317.75 Td (\(137,700) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 385.00 317.75 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.45 317.75 Td (11.67) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 492.45 317.75 Td (\(3,700) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 518.00 317.75 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 317.75 Td (11.36) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 303.75 Td (Forfeited) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 376.00 303.75 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 431.00 303.75 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 487.45 303.75 Td (\(26,800) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 518.00 303.75 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 303.75 Td (20.28) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 289.75 Td (Outstanding at March 31) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 344.95 289.75 Td (4,854,500) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 411.00 289.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.45 289.75 Td (19.88) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 477.95 289.75 Td (4,418,800) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 544.00 289.75 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 289.75 Td (17.72) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 275.75 Td (Exercised) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 349.45 275.75 Td (\(271,000) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 385.00 275.75 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.45 275.75 Td (14.41) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 482.45 275.75 Td (\(101,800) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 518.00 275.75 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 275.75 Td (15.90) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 261.75 Td (Outstanding at June 30) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 344.95 261.75 Td (4,583,500) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 411.00 261.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.45 261.75 Td (20.21) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 477.95 261.75 Td (4,317,000) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 544.00 261.75 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 261.75 Td (17.77) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 247.75 Td (Options currently exercisable) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 344.95 247.75 Td (2,668,100) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 411.00 247.75 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.45 247.75 Td (16.57) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 477.95 247.75 Td (2,216,100) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 544.00 247.75 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 247.75 Td (14.04) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 228.55 Td (All outstanding stock options vest and become exercisable over a period not exceeding five years \(time vesting\) from the date of grant. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 217.75 Td (The outstanding options have a term of seven years. ) Tj ET Q endstream endobj 57 0 obj <> endobj 58 0 obj <> stream BT /F2 6.50 Tf ET q 0 0 0 rg BT 205.90 764.95 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 233.95 764.95 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 337.48 764.95 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 415.72 764.95 Td ( ST) Tj ET Q q 0 0 0 rg BT 425.35 764.95 Td (A) Tj ET Q q 0 0 0 rg BT 429.56 764.95 Td (TEMENTS ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 462.43 764.95 Td (| Q2 2017) Tj ET Q BT /F2 6.50 Tf ET q 0 0 0 rg BT 490.86 764.95 Td ( ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 492.67 764.95 Td (| MAPLE LEAF FOODS INC.) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 301.80 50.20 Td (27) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 713.45 Td (At grant date, each option series is measured for fair value based on the Black-Scholes formula. Expected volatility is estimated by ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 702.65 Td (considering historic average share price volatility) Tj ET Q q 0 0 0 rg BT 228.92 702.65 Td (. ) Tj ET Q q 0 0 0 rg BT 233.76 702.65 Td (The inputs used in this model for the options granted during the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 488.42 702.65 Td (six months ended ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 691.85 Td (June 30) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 68.03 691.85 Td (, 2017 and 2016 are shown in the table below:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 662.85 m 414.5 662.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 662.85 m 474.5 662.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474.5 662.85 m 508.5 662.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 662.85 m 568.5 662.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 648.85 m 414.5 648.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 648.85 m 474.5 648.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474.5 648.85 m 508.5 648.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 648.85 m 568.5 648.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 564.85 m 414.5 564.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 564.85 m 474.5 564.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474.5 564.85 m 508.5 564.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 564.85 m 568.5 564.85 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.95 667.25 Td (Six months ended June 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.95 653.25 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 544.95 653.25 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 639.25 Td (Share price at grant date) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 443.45 639.25 Td ($31.41) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 537.45 639.25 Td ($23.14) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 625.25 Td (Exercise price) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 443.45 625.25 Td ($30.86) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 537.45 625.25 Td ($22.53) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 611.25 Td (Expected volatility) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 111.04 615.54 Td (\(i\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 443.40 611.25 Td (23.36) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 465.95 611.25 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 537.40 611.25 Td (23.71) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 559.95 611.25 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 597.25 Td (Option life \(in years\)) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 119.53 601.54 Td (\(ii\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.45 597.25 Td (4.5) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 552.45 597.25 Td (4.5) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 583.25 Td (Expected dividend yield) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.40 583.25 Td (1.40) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 465.95 583.25 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 542.40 583.25 Td (1.56) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 559.95 583.25 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 569.25 Td (Risk-free interest rate) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 125.03 573.54 Td (\(iii\)) Tj ET Q BT /F3 9.00 Tf ET BT /F3 5.85 Tf ET q 0 0 0 rg BT 132.82 573.54 Td ( ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.40 569.25 Td (1.15) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 465.95 569.25 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 542.40 569.25 Td (0.67) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 559.95 569.25 Td (%) 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 36.00 554.34 Td (\(i\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 41.19 550.05 Td ( ) Tj ET Q q 0 0 0 rg BT 54.00 550.05 Td (W) Tj ET Q q 0 0 0 rg BT 62.33 550.05 Td (eighted average based on number of units granted. ) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 36.00 539.04 Td (\(ii\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 42.49 534.75 Td ( ) Tj ET Q q 0 0 0 rg BT 54.00 534.75 Td (Expected weighted average life. ) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 36.00 523.74 Td (\(iii\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 43.79 519.45 Td ( ) Tj ET Q q 0 0 0 rg BT 54.00 519.45 Td (Based on Government of Canada bonds. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 504.15 Td (There were 732,200) Tj ET Q BT /F3 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 0 0 rg BT 116.55 504.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 119.05 504.15 Td (\(2016: 841,300\) stock options granted during the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 315.69 504.15 Td (six months ended June 30,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 423.25 504.15 Td ( 2017, and no options were granted ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 493.35 Td (during the three months ended June 30, 2017 and 2016. ) Tj ET Q q 0 0 0 rg BT 263.01 493.35 Td (The fair value of options granted during the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 437.12 493.35 Td (six months ended June 30,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 544.69 493.35 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 547.19 493.35 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 567.22 493.35 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 482.55 Td (was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 54.51 482.55 Td ($4.2 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 100.03 482.55 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 105.53 482.55 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 125.55 482.55 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 130.55 482.55 Td ($3.4 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 176.07 482.55 Td (\). ) Tj ET Q q 0 0 0 rg BT 183.57 482.55 Td (Amortization charges relating to current and prior year options during the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 475.23 482.55 Td (three months ended ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 470.55 Td (June 30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.53 470.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 73.03 470.55 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 93.05 470.55 Td ( were $1.0 million \(2016: $0.9 million\), and during the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 307.17 470.55 Td (six months ended June 30,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 414.74 470.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 417.24 470.55 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 437.26 470.55 Td ( were ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 461.77 470.55 Td ($1.8 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 507.29 470.55 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 512.79 470.55 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 532.81 470.55 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 537.81 470.55 Td ($1.8 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 459.75 Td (million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 61.51 459.75 Td (\).) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 444.45 Td (Restricted Share Units and Performance Share Units) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 429.15 Td (A) Tj ET Q q 0 0 0 rg BT 41.51 429.15 Td ( summary of the status of the Company) Tj ET Q q 0 0 0 rg BT 200.41 429.15 Td (s Restricted Share Units \("RSUs"\) plans \(including Performance Share Units \("PSUs"\)\) as at ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 418.35 Td (June 30) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 68.03 418.35 Td (, 2017 and 2016 and changes during these periods are presented below: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 393.85 m 400.5 393.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 393.85 m 420.5 393.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 393.85 m 455.5 393.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455.5 393.85 m 513.5 393.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 393.85 m 533.5 393.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 533.5 393.85 m 568.5 393.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 345.85 m 342.5 345.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 345.85 m 400.5 345.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 345.85 m 420.5 345.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 345.85 m 455.5 345.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455.5 345.85 m 513.5 345.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 345.85 m 533.5 345.85 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 533.5 345.85 m 568.5 345.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 289.85 m 342.5 289.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 289.85 m 342.5 289.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 342.5 289.85 m 400.5 289.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 400.5 289.85 m 420.5 289.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 420.5 289.85 m 455.5 289.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 455.5 289.85 m 513.5 289.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 513.5 289.85 m 533.5 289.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 533.5 289.85 m 568.5 289.85 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 233.85000000000002 m 342.5 233.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 219.85000000000002 m 342.5 219.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 342.5 233.85000000000002 m 400.5 233.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 219.85000000000002 m 400.5 219.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 400.5 233.85000000000002 m 420.5 233.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 219.85000000000002 m 420.5 219.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 420.5 233.85000000000002 m 455.5 233.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 219.85000000000002 m 455.5 219.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 455.5 233.85000000000002 m 513.5 233.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455.5 219.85000000000002 m 513.5 219.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 513.5 233.85000000000002 m 533.5 233.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 219.85000000000002 m 533.5 219.85000000000002 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 533.5 233.85000000000002 m 568.5 233.85000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 533.5 219.85000000000002 m 568.5 219.85000000000002 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 388.45 398.25 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 501.45 398.25 Td (2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.95 361.50 Td (RSUs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 345.50 350.25 Td (outstanding) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 411.65 384.00 Td (Weighted) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.95 372.75 Td (average) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 412.45 361.50 Td (fair value) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 418.95 350.25 Td (at grant) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 486.45 361.50 Td (RSUs) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 463.45 350.25 Td (outstanding) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 527.10 384.00 Td (Weighted) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 532.45 372.75 Td (average) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 528.45 361.50 Td (fair value) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 534.45 350.25 Td (at grant) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 336.25 Td (Outstanding at January 1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 356.95 336.25 Td (1,570,669) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 423.00 336.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.45 336.25 Td (20.79) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 469.95 336.25 Td (1,598,462) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 536.00 336.25 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 542.45 336.25 Td (20.61) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 322.25 Td (Granted) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 364.45 322.25 Td (328,650) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.45 322.25 Td (30.03) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 477.45 322.25 Td (386,980) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 542.45 322.25 Td (21.98) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 308.25 Td (Exercised) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 366.45 308.25 Td (\(69,537) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 397.00 308.25 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.45 308.25 Td (22.81) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 501.00 308.25 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 556.00 308.25 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 294.25 Td (Forfeited) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 371.45 294.25 Td (\(4,000) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 397.00 294.25 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.45 294.25 Td (21.18) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 479.45 294.25 Td (\(39,214) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 510.00 294.25 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 542.45 294.25 Td (12.65) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 280.25 Td (Outstanding at March 31) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 356.95 280.25 Td (1,825,782) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 423.00 280.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.45 280.25 Td (22.36) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 469.95 280.25 Td (1,946,228) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 536.00 280.25 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 542.45 280.25 Td (21.04) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 266.25 Td (Granted) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 364.45 266.25 Td (355,663) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.45 266.25 Td (31.13) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 501.00 266.25 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 556.00 266.25 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 252.25 Td (Exercised) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 361.45 252.25 Td (\(597,184) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 397.00 252.25 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.45 252.25 Td (19.45) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 479.45 252.25 Td (\(15,298) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 510.00 252.25 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 542.45 252.25 Td (13.46) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 238.25 Td (Forfeited) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 366.45 238.25 Td (\(44,142) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 397.00 238.25 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.45 238.25 Td (23.89) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 484.45 238.25 Td (\(2,372) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 510.00 238.25 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 542.45 238.25 Td (11.30) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 224.25 Td (Outstanding at June 30) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 356.95 224.25 Td (1,540,119) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 423.00 224.25 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.45 224.25 Td (25.47) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 469.95 224.25 Td (1,928,558) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 536.00 224.25 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 542.45 224.25 Td (21.11) Tj ET Q BT /F1 10.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 205.05 Td (On ) Tj ET Q q 0 0 0 rg BT 50.01 205.05 Td (April 1, 2016, the Company communicated to its employees the intent to issue RSUs at which time the service period commenced. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 194.25 Td (During the three months ended June 30, 2017, the RSUs were formally granted. ) Tj ET Q q 0 0 0 rg BT 357.02 194.25 Td (These units have a further two year service period. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 178.95 Td (The fair value of RSUs and PSUs granted during the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 247.61 178.95 Td (three months ended June 30,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 364.70 178.95 Td ( 2017 was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 408.23 178.95 Td ($10.1 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 458.75 178.95 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 464.25 178.95 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 484.27 178.95 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 489.27 178.95 Td ($0.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 534.80 178.95 Td (\). ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 168.15 Td (Amortization charges for the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.05 168.15 Td (three months ended June 30,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 268.14 168.15 Td ( 2017 relating to current and prior year RSUs and PSUs were ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 514.76 168.15 Td ($3.3 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 560.28 168.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 157.35 Td (\() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 157.35 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 59.02 157.35 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 64.02 157.35 Td ($6.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 109.54 157.35 Td (\). ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 142.05 Td (The fair value of RSUs and PSUs granted during the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 247.61 142.05 Td (six months ended June 30,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 355.18 142.05 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 357.68 142.05 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 377.71 142.05 Td ( was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 398.71 142.05 Td ($18.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 449.24 142.05 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 454.74 142.05 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 474.76 142.05 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 479.76 142.05 Td ($7.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 525.28 142.05 Td (\). ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 131.25 Td (Amortization charges for the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 151.05 131.25 Td (six months ended June 30,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 258.62 131.25 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 261.12 131.25 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 281.14 131.25 Td ( relating to current and prior year RSUs and PSUs, were ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 507.74 131.25 Td ($9.3 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 553.27 131.25 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 120.45 Td (\() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 120.45 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 59.02 120.45 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 64.02 120.45 Td ($10.3 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 114.55 120.45 Td (\). Of this amount $1.9 million was included in restructuring and other related costs as a non-cash item \(Note 7\).) Tj ET Q endstream endobj 59 0 obj <> endobj 60 0 obj <> stream BT /F2 6.50 Tf ET q 0 0 0 rg BT 205.90 764.95 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 233.95 764.95 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 337.48 764.95 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 415.72 764.95 Td ( ST) Tj ET Q q 0 0 0 rg BT 425.35 764.95 Td (A) Tj ET Q q 0 0 0 rg BT 429.56 764.95 Td (TEMENTS ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 462.43 764.95 Td (| Q2 2017) Tj ET Q BT /F2 6.50 Tf ET q 0 0 0 rg BT 490.86 764.95 Td ( ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 492.67 764.95 Td (| MAPLE LEAF FOODS INC.) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 301.80 50.20 Td (28) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 713.45 Td (The key assumptions used in the valuation of RSUs granted during the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 320.16 713.45 Td (six months ended June 30) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 425.23 713.45 Td (, 2017 and 2016 are shown in the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 702.65 Td (table below) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 81.53 706.94 Td (\(i\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 86.73 702.65 Td (: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 678.15 m 448.5 678.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 678.15 m 508.5 678.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 678.15 m 568.5 678.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 636.15 m 448.5 636.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 636.15 m 508.5 636.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 636.15 m 568.5 636.15 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 484.95 682.55 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 544.95 682.55 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 668.55 Td (Expected RSU life \(in years\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 487.45 668.55 Td (2.56) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 547.45 668.55 Td (3.25) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 654.55 Td (Forfeiture rate) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 482.40 654.55 Td (14.2) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 499.95 654.55 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 542.40 654.55 Td (17.5) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 559.95 654.55 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 640.55 Td (Risk-free discount rate) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 487.40 640.55 Td (0.9) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 499.95 640.55 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 547.40 640.55 Td (0.4) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 559.95 640.55 Td (%) 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 36.00 625.64 Td (\(i\)) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 41.19 621.35 Td ( ) Tj ET Q q 0 0 0 rg BT 54.00 621.35 Td (W) Tj ET Q q 0 0 0 rg BT 62.33 621.35 Td (eighted average based on number of units granted. ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 606.05 Td (Director Share Units ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 590.75 Td (The fair value of director share units expensed during the three and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 306.66 590.75 Td (six months ended June 30,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 414.23 590.75 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 416.73 590.75 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 436.75 590.75 Td ( were ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 461.26 590.75 Td ($0.4 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.79 590.75 Td ( and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 526.80 590.75 Td ($0.7 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 572.33 590.75 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 579.95 Td (\() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 579.95 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 59.02 579.95 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 64.02 579.95 Td ($0.4 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 109.54 579.95 Td ( and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 129.56 579.95 Td ($0.7 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 175.08 579.95 Td (\) respectively) Tj ET Q q 0 0 0 rg BT 227.43 579.95 Td (.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 557.15 Td (15. RELA) Tj ET Q q 0 0 0 rg BT 74.84 557.15 Td (TED P) Tj ET Q q 0 0 0 rg BT 100.68 557.15 Td (ARTY) Tj ET Q q 0 0 0 rg BT 125.02 557.15 Td ( TRANSACTIONS) Tj ET Q BT /F2 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 541.85 Td (The Company sponsors a number of defined benefit and defined contribution plans.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 368.71 541.85 Td ( During the) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 412.74 541.85 Td ( three and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 455.77 541.85 Td (six months ended June 30, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 531.05 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 56.02 531.05 Td (, the Company's contributions to these plans were) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 254.85 531.05 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 257.35 531.05 Td ($16.2 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 307.88 531.05 Td ( and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 327.89 531.05 Td ($21.4 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 378.42 531.05 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 383.92 531.05 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 403.94 531.05 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 408.94 531.05 Td ($2.3 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 454.46 531.05 Td ( and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 474.48 531.05 Td ($4.6 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 520.00 531.05 Td (\) respectively) Tj ET Q q 0 0 0 rg BT 572.35 531.05 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 515.75 Td (The Company) Tj ET Q q 0 0 0 rg BT 94.36 515.75 Td (s largest shareholder is McCain Capital Inc. \(MCI\) which is beneficially owned and controlled by Mr) Tj ET Q q 0 0 0 rg BT 493.03 515.75 Td (. Michael H. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 504.95 Td (McCain, Chief Executive Of) Tj ET Q q 0 0 0 rg BT 145.88 504.95 Td (ficer and President of the Company) Tj ET Q q 0 0 0 rg BT 286.29 504.95 Td (.For the three and six months ended June 30,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 470.40 504.95 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 472.90 504.95 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 492.92 504.95 Td (, the Company ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 494.15 Td (received services from MCI in the amount of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 214.57 494.15 Td ($0.1 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 260.09 494.15 Td ( and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 280.11 494.15 Td ($0.3 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 325.63 494.15 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 331.13 494.15 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 351.15 494.15 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 356.15 494.15 Td ($0.1 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 401.67 494.15 Td ( and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 421.69 494.15 Td ($0.3 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 467.21 494.15 Td (\) respectively) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 519.56 494.15 Td (, which ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 482.15 Td (represent the market value of the transactions with MCI. ) Tj ET Q q 0 0 0 rg BT 261.11 482.15 Td (As at June 30, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 321.14 482.15 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 341.17 482.15 Td (, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 346.17 482.15 Td ($0.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.69 482.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 394.19 482.15 Td (\(2016: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 422.21 482.15 Td ($0.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 467.73 482.15 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 470.73 482.15 Td ( was owing to MCI ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 471.35 Td (relating to these transactions. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 156.07 471.35 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 456.05 Td (McCain Financial ) Tj ET Q q 0 0 0 rg BT 107.03 456.05 Td (Advisory Services \("MF) Tj ET Q q 0 0 0 rg BT 199.74 456.05 Td (AS"\) is an entity jointly controlled by individuals including Mr) Tj ET Q q 0 0 0 rg BT 437.55 456.05 Td (. Michael H. McCain. For the) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 551.58 456.05 Td ( three ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 445.25 Td (and six months ended ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 126.56 445.25 Td (June 30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 183.61 445.25 Td ( and 2016, the Company provided services to MF) Tj ET Q q 0 0 0 rg BT 379.71 445.25 Td (AS for a nominal amount, which represented the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 434.45 Td (market value of the transactions) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 163.56 434.45 Td (. ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 411.65 Td (16. GEOGRAPHIC ) Tj ET Q q 0 0 0 rg BT 114.68 411.65 Td (AND CUST) Tj ET Q q 0 0 0 rg BT 161.02 411.65 Td (OMER PROFILE) Tj ET Q BT /F2 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 396.35 Td (Following the sale of Canada Bread Company) Tj ET Q q 0 0 0 rg BT 218.94 396.35 Td (, Limited, the Company undertook significant reorganization of the internal leadership and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 385.55 Td (reporting structure, as previously disclosed. ) Tj ET Q q 0 0 0 rg BT 211.42 385.55 Td (The reorganization is now largely complete and the Company is arranged as a single, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 374.75 Td (focused protein company) Tj ET Q q 0 0 0 rg BT 135.89 374.75 Td (. ) Tj ET Q q 0 0 0 rg BT 140.40 374.75 Td (As such, the Company has transitioned to a single operating and reporting segment.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 475.60 374.75 Td ( ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 359.45 Td (Information ) Tj ET Q q 0 0 0 rg BT 87.66 359.45 Td (About Geographic ) Tj ET Q q 0 0 0 rg BT 168.33 359.45 Td (Areas) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 344.15 Td (Property and equipment and investment property located outside of Canada was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 359.20 344.15 Td ($13.8 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 409.72 344.15 Td ( as at ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 434.24 344.15 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 491.29 344.15 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 496.78 344.15 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 516.81 344.15 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 521.81 344.15 Td ($0.2 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 567.33 344.15 Td (\). ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 333.35 Td (Of this amount, $0.2 million \(2016: $0.2 million\) was located in Japan and $13.6 million \(2016: $0.0 million\) was located in the U.S. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 322.55 Td (Goodwill of $129.0 million \(2016: $0.0 million\) was attributed to operations outside of Canada.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 307.25 Td (Revenues earned outside of Canada for the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 213.12 307.25 Td (three months ended June 30,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 330.21 307.25 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 332.71 307.25 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 352.73 307.25 Td (, were ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 379.74 307.25 Td ($227.1 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 435.27 307.25 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 440.77 307.25 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 460.79 307.25 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 465.79 307.25 Td ($180.8 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 521.32 307.25 Td (\). Of the total ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 296.45 Td (amount earned outside of Canada, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 177.10 296.45 Td ($85.5 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 227.63 296.45 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 233.13 296.45 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 253.15 296.45 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 258.15 296.45 Td ($74.7 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 308.68 296.45 Td (\) was earned in Japan and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 417.25 296.45 Td ($79.9 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 467.78 296.45 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 473.27 296.45 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 493.29 296.45 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 498.30 296.45 Td ($55.4 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 548.82 296.45 Td (\) was ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 285.65 Td (earned in the U.S. Revenue by geographic area is determined based on the shipping location.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 270.35 Td (Revenues earned outside of Canada for the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 213.12 270.35 Td (six months ended June 30,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 320.69 270.35 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 323.19 270.35 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 343.21 270.35 Td (, were ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 370.22 270.35 Td ($425.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 425.76 270.35 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 431.25 270.35 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 451.27 270.35 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 456.28 270.35 Td ($369.8 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 511.81 270.35 Td (\). Of the total ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 259.55 Td (amount earned outside of Canada, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 177.10 259.55 Td ($168.1 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 232.63 259.55 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 238.13 259.55 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 258.15 259.55 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 263.15 259.55 Td ($147.1 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 318.69 259.55 Td (\) was earned in Japan and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 427.26 259.55 Td ($137.4 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 482.79 259.55 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 488.29 259.55 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 508.31 259.55 Td (: ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 513.31 259.55 Td ($120.3 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 568.85 259.55 Td (\) ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 248.75 Td (was earned in the U.S. Revenue by geographic area is determined based on the shipping location.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 233.45 Td (Information ) Tj ET Q q 0 0 0 rg BT 87.66 233.45 Td (About Major Customers) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 218.15 Td (For the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 67.01 218.15 Td (three months ended June 30,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 184.10 218.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 186.60 218.15 Td (2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 206.62 218.15 Td (, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 211.62 218.15 Td (the Company reported sales to one customer representing) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 444.25 218.15 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 446.75 218.15 Td (12.8%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 472.27 218.15 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 477.76 218.15 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 497.79 218.15 Td (: one customer ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 207.35 Td (representing ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 88.53 207.35 Td (14.4%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 114.05 207.35 Td (\) ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 119.55 207.35 Td (of total sales. No other sales were made to any one customer that represented in excess of 10% of total sales. ) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 192.05 Td (For the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 67.01 192.05 Td (six months ended June 30,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 174.58 192.05 Td ( 2017, the Company reported sales to two customers representing ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 440.72 192.05 Td (12.5%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 466.24 192.05 Td ( and ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 486.26 192.05 Td (10.1%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 511.78 192.05 Td ( \() Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 517.28 192.05 Td (2016) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 537.30 192.05 Td (: one ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 181.25 Td (customer representing ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 128.04 181.25 Td (13.7%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 153.56 181.25 Td (\) of total sales. No other sales were made to any one customer that represented in excess of 10% of total ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 170.45 Td (sales.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 36.00 144.35 Td (17. BUSINESS COMBINA) Tj ET Q q 0 0 0 rg BT 141.85 144.35 Td (TION) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 163.35 144.35 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 125.55 Td (On May 1, 2017, the Company acquired specific assets, liabilities and assembled workforce from a privately-held hog production ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 114.75 Td (operation for total consideration of $10.3 million. ) Tj ET Q q 0 0 0 rg BT 229.95 114.75 Td (The acquisition has been accounted for as a business combination and no goodwill ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 103.95 Td (was recognized. ) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 88.65 Td (On March 10, 2017, the Company acquired 100% of the outstanding shares of Lightlife Foods Holdings, Inc. \("Lightlife"\), a privately ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 77.85 Td (held U.S. based corporation engaged in the production and distribution of refrigerated plant protein products.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 467.78 77.85 Td ( ) Tj ET Q endstream endobj 61 0 obj <> endobj 62 0 obj <> stream BT /F2 6.50 Tf ET q 0 0 0 rg BT 205.90 764.95 Td (NOTES T) Tj ET Q q 0 0 0 rg BT 233.95 764.95 Td (O THE CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 337.48 764.95 Td (TED INTERIM FINANCIAL) Tj ET Q q 0 0 0 rg BT 415.72 764.95 Td ( ST) Tj ET Q q 0 0 0 rg BT 425.35 764.95 Td (A) Tj ET Q q 0 0 0 rg BT 429.56 764.95 Td (TEMENTS ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 462.43 764.95 Td (| Q2 2017) Tj ET Q BT /F2 6.50 Tf ET q 0 0 0 rg BT 490.86 764.95 Td ( ) Tj ET Q BT /F3 6.50 Tf ET q 0 0 0 rg BT 492.67 764.95 Td (| MAPLE LEAF FOODS INC.) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 301.80 50.20 Td (29) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 713.45 Td (Recognized goodwill is attributable to the skills, talent and artisanal expertise of Lightlife) Tj ET Q q 0 0 0 rg BT 387.04 713.45 Td (s work force and the Company) Tj ET Q q 0 0 0 rg BT 510.93 713.45 Td (s leadership ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 702.65 Td (position in the fast growing alternative protein market. ) Tj ET Q q 0 0 0 rg BT 251.45 702.65 Td (The amount of goodwill expected to be deductible for tax purposes is $6.1 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 691.85 Td (million. ) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 676.55 Td (During the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 80.02 676.55 Td (three months ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 160.08 676.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 162.58 676.55 Td (June30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 219.63 676.55 Td (, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 224.63 676.55 Td (the Company recorded transaction costs of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 398.72 676.55 Td ($0.7 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 444.24 676.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 446.74 676.55 Td (that have been excluded from ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 665.75 Td (the consideration paid and have been recognized as an expense in other income \(expense\). ) Tj ET Q BT /F3 9.00 Tf ET BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 650.45 Td (During the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 80.02 650.45 Td (six months ended June 30, 2017) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 210.12 650.45 Td (, ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 215.12 650.45 Td (the Company recorded transaction costs of ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 389.21 650.45 Td ($5.0 million) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 434.73 650.45 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 437.23 650.45 Td (that have been excluded from the ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 639.65 Td (consideration paid and have been recognized as an expense in other income \(expense\). ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 390.23 639.65 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 624.35 Td (The Company has not yet finalized the amounts recorded in the business combination.) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 380.70 624.35 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 609.05 Td (The preliminary fair value of consideration transferred for the acquisition consists of the following:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 584.55 m 426.5 584.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 584.55 m 481.5 584.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 584.55 m 521.5 584.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521.5 584.55 m 576.5 584.55 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 570.55 m 386.5 570.55 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 386.5 570.55 m 426.5 570.55 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 426.5 570.55 m 481.5 570.55 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 481.5 570.55 m 521.5 570.55 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 521.5 570.55 m 576.5 570.55 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 528.55 m 386.5 528.55 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 386.5 528.55 m 426.5 528.55 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 426.5 528.55 m 481.5 528.55 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 481.5 528.55 m 521.5 528.55 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 521.5 528.55 m 576.5 528.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 514.55 m 386.5 514.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 514.55 m 426.5 514.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 514.55 m 481.5 514.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 514.55 m 521.5 514.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521.5 514.55 m 576.5 514.55 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.45 588.95 Td (Preliminary fair value) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.95 574.95 Td (March 10, 2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 508.95 574.95 Td (March 10, 2017) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 462.40 560.73 Td (US$) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 551.20 560.73 Td (CDN$) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 546.95 Td (Agreed-upon purchase price) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 429.00 546.95 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 445.45 546.95 Td (140,000) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 524.00 546.95 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 540.45 546.95 Td (188,566) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 39.00 532.95 Td (W) Tj ET Q q 0 0 0 rg BT 47.33 532.95 Td (orking capital adjustments) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 151.39 537.24 Td (\(i\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 455.45 532.95 Td (1,572) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 532.95 Td (2,117) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 519.50 Td (T) Tj ET Q q 0 0 0 rg BT 43.83 519.50 Td (otal consideration paid in cash) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.00 518.95 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.45 518.95 Td (141,572) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.00 518.95 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.45 518.95 Td (190,683) 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 36.00 504.04 Td (\(i\) ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 52.57 499.75 Td (Subject to change until the net assets acquired are finalized) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 290.22 499.75 Td (. ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 36.00 480.95 Td (The preliminary fair values of the assets acquired and liabilities recognized at the date of acquisition are as follows:) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 492.75 480.95 Td ( ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 456.45000000000005 m 426.5 456.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 456.45000000000005 m 481.5 456.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 456.45000000000005 m 521.5 456.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521.5 456.45000000000005 m 576.5 456.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 442.45000000000005 m 386.5 442.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 456.45000000000005 m 426.5 456.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 386.5 442.45000000000005 m 426.5 442.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 426.5 442.45000000000005 m 481.5 442.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 456.45000000000005 m 521.5 456.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 481.5 442.45000000000005 m 521.5 442.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 521.5 442.45000000000005 m 576.5 442.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 481.5 442.45000000000005 m 521.5 442.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 521.5 442.45000000000005 m 576.5 442.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 36.5 232.45000000000005 m 386.5 232.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 386.5 232.45000000000005 m 426.5 232.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 426.5 232.45000000000005 m 481.5 232.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 481.5 232.45000000000005 m 521.5 232.45000000000005 l s 0 0 0 RG /GS0 gs 0.50 w 0 i [] 0 d 0 J 0 j 3 M 521.5 232.45000000000005 m 576.5 232.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 36.5 218.45000000000005 m 386.5 218.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 218.45000000000005 m 426.5 218.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 218.45000000000005 m 481.5 218.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 218.45000000000005 m 521.5 218.45000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521.5 218.45000000000005 m 576.5 218.45000000000005 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 435.45 460.85 Td (Preliminary fair value) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.95 446.85 Td (March 10, 2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 508.95 446.85 Td (March 10, 2017) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 462.40 432.63 Td (US$) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 551.20 432.63 Td (CDN$) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 418.85 Td (Current assets) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 404.85 Td (Cash ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 429.00 404.85 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 462.95 404.85 Td (569) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 524.00 404.85 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 557.95 404.85 Td (766) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 390.85 Td (Accounts receivable) Tj ET Q BT /F4 9.00 Tf ET BT /F4 5.85 Tf ET q 0 0 0 rg BT 131.54 395.14 Td (\(i\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 455.45 390.85 Td (2,946) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 390.85 Td (3,968) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 376.85 Td (Inventories) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 455.45 376.85 Td (3,370) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 550.45 376.85 Td (4,539) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 362.85 Td (Prepaid expenses and other assets) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 462.95 362.85 Td (465) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 557.95 362.85 Td (626) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 348.85 Td (Income taxes receivable) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 467.95 348.85 Td (37) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 562.95 348.85 Td (50) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 334.85 Td (Non-current assets) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 320.85 Td (Property and equipment) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 450.45 320.85 Td (10,792) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 545.45 320.85 Td (14,536) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 306.85 Td (Goodwill) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 450.45 306.85 Td (99,379) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 540.45 306.85 Td (133,854) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 292.85 Td (Intangible assets) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 450.45 292.85 Td (27,997) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 545.45 292.85 Td (37,709) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 278.85 Td (Current liabilities) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 264.85 Td (Accounts payable and accruals) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 452.45 264.85 Td (\(2,259) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 478.00 264.85 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 547.45 264.85 Td (\(3,043) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 573.00 264.85 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 250.85 Td (Non-current liabilities) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 51.00 236.85 Td (Deferred tax liability) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 452.45 236.85 Td (\(1,724) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 478.00 236.85 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 547.45 236.85 Td (\(2,322) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 573.00 236.85 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 39.00 222.85 Td (T) Tj ET Q q 0 0 0 rg BT 43.83 222.85 Td (otal net assets acquired) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.00 222.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.45 222.85 Td (141,572) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.00 222.85 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.45 222.85 Td (190,683) 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 36.00 204.44 Td (\(i\) ) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 54.19 200.15 Td (Contractual cash flows not expected to be collected are not significant.) 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