CONSOlIDATED STATEmENTS OF  COmPREHENSIVE INCOmE CONSOlIDATED STATEmENTS OFACCUmUlATED OTHER COmPREHENSIVE lOSS Fifty-two weeks ended (In thousands of Canadian dollars) December 31, 2011  January 1, 2011 Net income for the period $  18,180 $  19,985 Other comprehensive income (loss), net of income tax ( note 20 )  Gain on hedge of net investment in foreign operations  291 313  Gain (loss) on translation of net investment in foreign operations  1,872 (4,082) 2,163 (3,769) Effective portion of changes in fair value of cash flow hedges  1,211 (2,251) Net change in fair value of cash flow hedges transferred to income  399 2,669  1,610 418 Defined benefit plan actuarial losses  (1,076) (1,727) Other comprehensive income (loss), net of income tax  2,697 (5,078) Total comprehensive income $  20,877 $  14,907 See accompanying notes  Foreign currency  Net exchange (losses)/  Total accumulated translation  gains on cash  other comprehensive (In thousands of Canadian dollars) adjustments  flow hedges  (loss) income Balance as at January 1, 2011  $  (3,769)  $  (1,720)  $  (5,489) Exchange differences on translation of foreign operations 2,163 –  2,163 Cash flow hedges –  1,610 1,610  Balance as at December 31, 2011  $  (1,606)  $  (110)  $  (1,716) Balance as at January 3, 2010  $  –  $  (2,138)  $  (2,138) Exchange differences on translation of foreign operations  (3,769)  –  (3,769) Cash flow hedges  –  418  418 Balance as at January 1, 2011  $  (3,769)  $  (1,720)  $  (5,489) See accompanying notes  53 AnnuAl RepoRt 2011