$^{(5)}$ See table on "Net earnings adjustments" $^{(4)}$ See section on "IFRS and non-IFRS measurements"  $^{(3)}$ See section on "Forward-looking information" $^{(2)}$ See table on "Net earnings from continuing operations adjustments" $^{(1)}$ See table on "Operating income before depreciation and amortization and associate's earnings adjustments"  -  32 - The  assumptions concerning the future and other key sources of estimation uncertainty at the reporting date, that have  a  significant risk of causing a material adjustment to the value of assets and liabilities within the next period, are discussed  below:  The Corporation holds less than 20% of the voting rights in an associate, but one of its representatives sits on the  associate’ s  board of directors and is involved in financial and operating policy decisions. Management has concluded  that the Corporation exercises significant influence over the associate; so the Corporation in its financial statements,  accounts  for its investment in the associate using  the  equity  method. The  Corporation also has an agreement with a distributor that operates a plant exclusively for the needs and according  to  the specifications of the Corporation’s, which assumes all costs. For these reasons, the Corporation consolidates this  distributor in  its financial  statements.  The Corporation has no voting rights in the trust created for performance share unit plan participants. However ,  under  the trust agreement, it instructs the trustee as to the sale and purchase of Corporation shares and payments to  beneficiaries,  gives the trustee money to buy Corporation shares, assumes vesting variability, and ensures that the trust  holds a suf ficient  number of shares to meet its obligations to the beneficiaries. For these reasons, the Corporation  consolidates this  trust in  its  financial  statements. The  Corporation has no voting rights in certain food stores. However, the franchise contract gives it the ability to control  these  stores' main activities. Its decisions are not limited to protecting its trademarks. The Corporation retains the majority  of  stores' profits and losses. For these reasons, the Corporation consolidates these food stores in its financial statements. In applying the Corporation's accounting policies, management has made the following judgements, which have the  most  significant effect on the amounts recognized  in  the consolidated  financial statements:  Our Management's Discussion and  Analysis  is based upon our annual consolidated financial statements, prepared in  accordance  with IFRS, and it is presented in Canadian dollars, our unit of measure. The preparation of the consolidated  financial statements and other financial information contained in this Management's Discussion and  Analysis  requires  management to make judgements, estimates and assumptions that af fect  the recognition and valuation of assets,  liabilities,  sales, other income and expenses. These estimates and assumptions are based on historical experience and  other factors deemed relevant and reasonable and are reviewed at every closing date. The use of dif ferent  estimates  could  produce different amounts in the consolidated financial statements. Actual results may differ from these estimates. Furthermore,  the design of the ICFR provides reasonable assurance regarding the reliability of the Corporation's financial  reporting  and  the  preparation  of  its financial  statements  for external purposes  in  accordance  with IFRS. Therefore,  the design of the DC&Pprovides reasonable assurance that material information relating to the Corporation  is  made known to it by others, particularly during the period in which the annual filings are being prepared, and that the  information required to be disclosed by the Corporation in its annual filings, interim filings and other reports filed or  submitted by it under securities legislation is recorded, processed, summarized and reported within the time periods  specified  in  securities  legislation.  SIGNIFICANT JUDGEMENTS  AND ESTIMATES JUDGEMENTS Consolidation  of structured entities Investment  in an associate ESTIMA TES