25. SUPPlEmENTAl INFORmATION Change in non-cash working capital balances in the consolidated statements of cash flows: Components of income and expenses included in the consolidated statements of income: As stated in  note 2 , Basis of Preparation, these are the Company’s first audited consolidated IFRS-compliant financial statements. The accounting policies set out in  note 3  have been applied in preparing the financial statements for the fifty-two week periods ended  December 31, 2011 and January 1, 2011 and in the preparation of the opening IFRS statement of financial position at January 3, 2010  (the Company’s date of transition to IFRS). In preparing its opening consolidated statement of financial position, the Company has adjusted amounts reported previously in its  audited fiscal 2010 financial statements prepared in accordance with Canadian GAAP. An explanation of how the transition from  Canadian GAAP to IFRS has affected the Company’s financial position, financial performance and cash flows is set out in the following  tables, and the notes that accompany the tables in the following pages: 102 HIGH lIneR FooDS InCoRpoRAteD 26. ExPlANATION OFTRANSITION TO IFRS Fifty-two weeks ended  (All amounts in $000s) December 31, 2011 January 1, 2011 Accounts receivable  $ 5,484 $   9,194  Inventories   (34,828)  (9,501) Prepaids   (324)  70  Accounts payable and accrued liabilities   4,526   8,300  $   (25,142)  $  8,063  Included in finance costs: December 31, 2011 January 1, 2011 Interest expense on bank loans  $   1,840   $  1,017  Interest expense on long-term debt   3,439  3,192  Interest expense from capital leases  215  233  Deferred financing charges   327  623  Interest on letter of credit for SERP   187   131  Foreign exchange gain   (25)  (31) Total finance costs  $   5,983  $   5,165  Foreign exchange gains included in: Cost of sales  $  (210) $  4 Finance costs  25 31 Total foreign exchange (expense) gains $  (185) $  35 Losses (gains) on disposal of assets included in: December 31, 2011 January 1, 2011 Cost of sales  $  210  $   97  Selling, general and administrative expenses   (17)   (84) Total losses (gains) on disposal of assets $ 193 $   13  Employee compensation and benefit expense:  December 31, 2011 January 1, 2011 Wages and salaries (including payroll benefits)  $ 74,841 $   71,669  Future employee benefit costs  2,763  2,521  Share-based payment transaction expense  651  3,732  Termination benefits  948  824  Total employee compensation and benefit expense $ 79,203 $   78,746 