Financial Statements of - Shoppers Drug Mart
Financial Statements of - Shoppers Drug Mart
Financial Statements of - Shoppers Drug Mart
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SHOPPERS DRUG MART CORPORATION<br />
Notes to the Condensed Consolidated <strong>Financial</strong> <strong>Statements</strong><br />
(unaudited)<br />
(in thousands <strong>of</strong> Canadian dollars, except per share data)<br />
12. EXPLANATION OF TRANSITION TO IFRS (continued)<br />
c) Adjustments to the consolidated statement <strong>of</strong> cash flows for the 12 and 24 weeks ended<br />
June 19, 2010<br />
There are no material differences between the consolidated statements <strong>of</strong> cash flows presented<br />
under IFRS and the consolidated statements <strong>of</strong> cash flows presented under previous GAAP.<br />
13. SUBSEQUENT EVENTS<br />
On July 21, 2011, the Board <strong>of</strong> Directors declared a dividend <strong>of</strong> 25 cents per common share payable<br />
October 15, 2011 to shareholders <strong>of</strong> record as <strong>of</strong> the close <strong>of</strong> business on September 30, 2011.<br />
These condensed consolidated financial statements were authorized for issue by the Board <strong>of</strong> Directors on<br />
July 21, 2011.<br />
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