Q1 Financial Report - 2011
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Ag Growth International Inc.<br />
NOTES TO UNAUDITED INTERIM CONSOLIDATED<br />
FINANCIAL STATEMENTS<br />
[in thousands of Canadian dollars, except where otherwise noted and per share data]<br />
March 31, <strong>2011</strong><br />
8. OTHER INCOME (EXPENSES)<br />
March 31, March 31,<br />
<strong>2011</strong><br />
2010<br />
$ $<br />
[a] Other operating income<br />
Cash flow hedge accounting, ineffective portion — 247<br />
Gain on foreign exchange 570 775<br />
Net gain on disposal of property, plant and equipment 18 20<br />
Other — 9<br />
588 1,051<br />
[b] Other operating expenses<br />
Cash flow hedge accounting, ineffective portion 138 —<br />
[c] Finance income<br />
Interest income from banks 224 158<br />
[d] Finance costs<br />
Interest on overdrafts and other finance costs 11 17<br />
Interest, including non-cash interest, on debts and<br />
borrowings 559 582<br />
Interest, including non-cash interest, on convertible<br />
debentures [note 23] 2,541 2,523<br />
Finance charges payable under finance lease contracts 7 7<br />
3,118 3,129<br />
79
Change language