DIVERSIFIED ROYALTY CORP .  Notes toConsolidatedFinancial Statements  (Unaudited)  (Expressed in Canadian dollars)  Year ended December 31, 2014  17. Finance income and finance costs:  18. Loss on disposal of assets held for sale and related restructuring costs: Completion of Sale of Saint Ambroise Waste Treatment Plant On May 31, 2013 the Company completed the sale of its Saint Ambroise, Quebec waste treatment  plant and related assets and liabilities to 8439117 Canada Inc., a company indirectly controlled by  the plant’s manager. The preliminary purchase price of $8,000,000 was reduced by $277,264 for  working capital assumed by the buyer and increased by $9,328 for soil contracts received prior to  closing. These changes resulted in an adjusted price of $7,732,064. The Company may be entitled  to additional consideration which could be as high as $2,000,000 or more, contingent on a specific  potential new contract being entered into prior to March 7, 2016. As of December 31, 2014 no  amount of contingent consideration has been received. The receipt of the potential new contract  for any amount of contingent consideration cannot be assured. Disposal costs were $1,035,286 of  which $946,379 was paid prior to the end of the fourth quarter of 2013 resulting in net cash  proceeds of $7,062,949. 2014  2013  Interest income on cash and cash  equivalents  $  759,956  $  992,760  Adjustment to and unwinding of discount on financial liabilities -  5,824  Net foreign exchange gain  -  2,399  Finance income  $  759,956  $ 1,000,983  Interest expense on financial liabilities (280,736)  (15,028)  Loan applicationfee  (25,000)  -  Adjustment to and unwinding of discount on financial liabilities (24,929)  -  Net foreign exchange loss (28,376)  -  Finance costs  $  (359,041)  $  (15,028)  27 