NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years ended December 31, 2011 and 2010 (In thousands of Canadian dollars, except share and per share information) The Company’s reportable Segments are: The Label, Container and Tube Segments are managed on a worldwide basis but operate in the following geographical areas: Geographical segments GLYPH<129> Label – Includes the production of innovative label solutions for consumer product marketing companies in the personal and beauty care, food and beverage, battery, household, chemical and promotional segments of the industry, and it also supplies major pharmaceutical, healthcare, durable goods and industrial chemical companies. Label’s product lines include pressure sensitive, shrink sleeve, stretch sleeve, in-mould and expanded content labels and pharmaceutical instructional leaflets. GLYPH<129> Container – Includes the manufacturing of specialty containers for the consumer products industry in North America, including Mexico. The key product line is recyclable aluminum aerosol cans and bottles for the personal care, home care and cosmetic industries, plus shaped aluminum bottles for the beverage market. GLYPH<129> Tube – Includes the manufacturing of highly decorated extruded tubes for the personal care and cosmetics industry in North America, including Mexico. Sales Operating Income 2011 2010 2011 2010 Label $ 1,012,304 $ 955,135 $ 142,523 $ 142,262 Container 175,660 162,383 9,159 (4,487) Tube 80,513 74,800 12,012 8,776 $ 1,268,477 $ 1,192,318 $ 163,694 $ 146,551 Corporate expenses 24,765 22,176 Restructuring and other items 797 225 Earnings in equity accounted investments 1,224 496 Finance cost 22,827 26,356 Finance income 1,443 1,071 Income tax expense 33,846 28,268 Net earnings $ 84,126 $ 71,093 Total Assets Total Liabilities Depreciation and Amortization Capital Expenditures 2011 2010 2011 2010 2011 2010 2011 2010 Label $1,150,706 $1,119,509 $277,622 $262,763 $ 77,710 $73,348 $74,864 $72,095 Container 115,450 166,400 34,708 35,581 14,199 13,909 3,146 12,338 Tube 94,120 62,999 14,626 14,201 7,426 7,489 3,269 1,200 Equity accounted investments 38,463 19,745 — — — — — — Corporate 214,742 259,321 469,645 546,102 842 660 168 161 Total $1,613,481 $1,627,974 $796,601 $858,647 $100,177 $95,406 $81,447 $85,794 GLYPH<129> Canada, GLYPH<129> United States and Puerto Rico, GLYPH<129> Mexico and Brazil, GLYPH<129> Europe, GLYPH<129> Asia, Australia and Africa. 60 CCL Industries Inc. 2011 Annual Report