CAPITAL POWER CORPORATION Consolidated Statements of Financial Position (In millions of Canadian dollars) As at December 31, 2012 and 2011 Approved on behalf of the Board: Donald Lowry Director and Chairman of the Board William Bennett Director and Chairman of the Audit Committee 2012 2011 Assets Current assets: Cash and cash equivalents (note 11) $ 53 $ 73 Trade and other receivables (note 12) 354 198 Inventories (note 13) 72 59 Derivative financial instruments assets (note 14) 47 25 Other financial assets (note 16) - 53 526 408 Non-current assets: Other assets 21 24 Derivative financial instruments assets (note 14) 30 13 Finance lease receivable (note 15) 461 58 Other financial assets (note 16) 60 42 Deferred tax assets (note 17) 70 14 Intangible assets (note 18) 316 296 Property, plant and equipment (note 19) 3,628 3,842 Goodwill (note 20) 22 46 Total assets $ 5,134 $ 4,743 74 See accompanying notes to the consolidated financial statements