Fifty–two weeks ended CGAAP   IFRS January 1, 2011   Adjustments January 1, 2011 Cash provided by (used in) operations: Net income from continuing operations for the period  $  19,816  $  169  $  19,985  Charges (credits) to income not involving cash from operations: Depreciation and amortization  8,357 148  8,505  Loss on disposal of assets   139 (25)  114  Income tax expense  6,398 6,241  12,639  Interest expense   – 5,165 5,165  Share-based payment expense  3,715 (620)   3,095  Payments of employee future benefits less than expense 638 (329)   309  Share of income of equity accounted investee   – (18)   (18) Movement of provisions   –  1,642  1,642  Unwound foreign exchange gains reclassed from Accumulated Other Comprehensive Income   (165)   –  (165) Unrealized foreign exchange loss  (161)   31  (130) Cash flow from operations before changes in non-cash working capital  38,737 12,404  51,141  Net change in non-cash working capital balances   11,631 (3,568)   8,063   50,368 8,836  59,204  Interest paid   –  (4,717)   (4,717) Income taxes paid  –  (4,131)   (4,131)  50,368 (12)   50,356  Cash provided by (used in) financing activities: Increase in current working capital facilities   20,674  –  20,674  Proceeds from lease financing  668  –  668  Repayment of long-term debt  (4,511)   –  (4,511) Repayment of finance lease obligations  (806)   –  (806) Non-controlling interest investment  50  (50)   – Common share dividends paid   (4,379)   –  (4,379) Non-voting common share dividends paid   (859)   –  (859) Advances to affiliates   –  (5)   (5) Share-based payments exercised  32  – 32  Share retraction costs  (150)  –  (150) Repurchase of capital stock  (25,480)   –  (25,480) (14,761)  (55)   (14,816) Cash provided by (used in) investing activities: Purchase of property, plant and equipment (net of investment tax credits)   (4,413)   74  (4,339) Net proceeds on disposal of assets   34  –  34  Acquisition of business  (30,952)  –  (30,952) Change other receivables and miscellaneous assets   (1,241)   (221)   (1,462)  (36,572)   (147)   (36,719) Foreign exchange decrease on cash and cash equivalents  (182)   6  (176) Change in cash and cash equivalents during the period  (1,147)   (208)   (1,355) Cash and cash equivalents, beginning of period 1,953  –  1,953  Cash and cash equivalents, end of period $  806  $  (208)   $  598  106 HIGH lIneR FooDS InCoRpoRAteD