CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) Periods and years ended December 31

Three-month periods Years (in thousands of Canadian dollars) 2012 2011 2012 2011 Net income (loss) $ 7,385 $ 3,288 $ 17,034 $ (32,508) Other comprehensive income (loss):

Change in unrealized gains (losses) on translating foreign operations 3,379 (3,245) (5,533) 4,725 Defined benefit plans: Actuarial losses of the defined benefit plan (4,502) (4,648) (4,502) (4,648) Tax income 1,183 1,217 1,183 1,217 (3,319) (3,431) (3,319) (3,431)

Available-for-sale assets:

Unrealized gains on available-for-sale assets arising during the periods and years 40 90 103 50 Reclassified to statements of income (loss) - - - - (274) - - Tax income (expense) (6) (12) 22 (7)

34 78 (149) 43 Other comprehensive income (loss) 94 (6,598) (9,001) 1,337 Comprehensive income (loss) $ 7,479 $ (3,310) $ 8,033 $ (31,171)