FINANCIAL HIGHLIGHTS (In thousands of Canadian dollars, except per share and ratio data) * A non-IFRS measure; see “Key Performance Indicators and Non-IFRS Measures” in Section 5A. ** See table on page 23. 2011 2010 % change Sales $1,268,477 $ 1,192,318 6.4% EBITDA* $ 239,106 $ 219,781 8.8% % of sales 18.8% 18.4% Restructuring and other items – net loss $ 797 $ 225 Net Earnings $ 84,126 $ 71,093 18.3% % of sales 6.6% 6.0% Earnings per Class B share Net earnings $ 2.54 $ 2.17 17.1% Diluted earnings $ 2.50 $ 2.13 17.4% Adjusted basic earnings per Class B share* $ 2.57 $ 2.18 17.9% Dividends $ 0.70 $ 0.66 6.1% At year end Total assets $1,613,481 $ 1,627,974 (0.9%) Net debt** $ 213,270 $ 248,702 (14.2%) Shareholders’ equity $ 816,880 $ 769,327 6.2% Net debt to total book capitaliztion 20.7% 24.4% Return on equity (before other expenses)* 10.7% 9.5% Book value per Class B share $ 24.46 $ 23.32 4.9% Number of employees 6,400 5,800 10.3% CCL Industries Inc. 2011 Annual Report 5