MANAGEMENT’S RESPONSIBILITY FOR THE FINANCIAL STATEMENTS The accompanying consolidated financial statements and other financial information in this Annual Report have been prepared  by the company’s management which is responsible for their integrity, consistency, objectivity and reliability. To fulfill this  responsibility, the company maintains policies, procedures and systems of internal control to ensure that its reporting practices  and accounting and administrative procedures are appropriate to provide a high degree of assurance that relevant and reliable  financial information is produced and assets are safeguarded. These controls include the careful selection and training of  employees, the establishment of well-defined areas of responsibility and accountability for performance, and the communication  of policies and code of conduct throughout the company. In addition, the company maintains an internal audit group that conducts  periodic audits of the company’s operations. The Chief Internal Auditor has full access to the Audit Committee. These consolidated financial statements have been prepared in conformity with International Financial Reporting Standards  as issued by the International Accounting Standards Board and, where appropriate, reflect estimates based on management’s  judgment. The financial information presented throughout this Annual Report is generally consistent with the information  contained in the accompanying consolidated financial statements. Deloitte LLP, the Independent Registered Public Accounting Firm appointed by the shareholders, have audited the consolidated  financial statements set out on pages 81 through 145 in accordance with Canadian generally accepted auditing standards and the  standards of the Public Company Accounting Oversight Board (United States) to enable them to express to the shareholders their  opinion on the consolidated financial statements. Their report is set out on the following page. The consolidated financial statements have been further reviewed and approved by the Board of Directors acting through its  Audit Committee, which is comprised of directors who are not officers or employees of the company. The Audit Committee,  which meets with the auditors and management to review the activities of each and reports to the Board of Directors, oversees  management’s responsibilities for the financial reporting and internal control systems. The auditors have full and direct access  to the Audit Committee and meet periodically with the committee both with and without management present to discuss their  audit and related findings. Toronto, Canada  March 28, 2014  J. Bruce Flatt  Chief Executive Officer  Brian D. Lawson Chief Financial Officer 2013 ANNUAL REPORT 79