Algonquin Power & Utilities Corp. – Consolidated Financial Statements ALGONQUIN POWER & UTILITIES CORP.  Notes to the Consolidated Financial Statements  December 31, 2012 and 2011   (in thousands of Canadian dollars except as noted and amounts per share)  12. Other assets 13.  Other long-term liabilities  2012 Annual Report 111 In conjunction with recent acquisitions, the Company assumed certain asset retirement obligations. These obligations have remained substantially unchanged since the acquisition date,  except for normal accretion adjustments. The asset retirement obligations mainly relate to legal  requirements to: (i) remove wind farm facilities upon termination of land leases; (ii) cut  (disconnect from the distribution system), purge (clean of natural gas and PCB contaminants) and  cap gas mains within the gas distribution and transmission system when mains are retired in place, or dispose of sections of gas main when removed from the pipeline system, (iii) clean and  remove storage tanks containing waste oil and other waste contaminants, and (iv) remove  asbestos upon major renovation or demolition of structures and facilities.  2012 2011 Asset retirement obligations  $ 7,088  $ -  Customer deposits  5,620  2,483  Provision for injury and damages  3,480  - Deferred water rights inducement  2,845  2,927  Contingent consideration  1,031  1,080  Capital Leases:  Obligation for equipment leases. Interest rates varying from  1.90% to 5.80%, monthly interest and principal payments with  varying dates of maturity from March 2012 to December 2014  270  501  Other 4,907 5,073 25,241 12,064 Less: current portion  (4,352)  (1,037)  $ 20,889  $ 11,027  Other long-term liabilities consist of the following:  2012 2011 Restricted cash  $ 7,063  $ 4,693  Deferred financing costs 8,706 8,503 Other 3,981 4,410 19,750 17,606 Less: current portion  (833)  (833)  $ 18,917  $ 16,773  Other assets consist of the following: 