2010-02-19 Examples of IFRS First-time Adoption Financial Statements

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This Newsletter provides a list of entities that have early adopted IFRS in 2009 or plan to early adopt in 2010. This Newsletter is intended to be a reference tool only and is not designed to comment on the appropriateness of the disclosures or application of IFRS principles contained within the companies’ financial statements. Once issued, these financial statements will be available on SEDAR’s website (at www.sedar.com).

First-time IFRS financial statements The 2011 date for mandatory adoption of International Financial Reporting Standards (“IFRS”) in Canada is quickly approaching with a significant number of entities focusing on the preparation of their first-time IFRS financial statements. These entities are faced with the task of transitioning from Canadian GAAP to IFRS and are looking for increased guidance to assist in the transitional process. In this Newsletter, we provide a list of entities that have early adopted IFRS in 2009 or plan to early adopt in 2010. This Newsletter is intended to be a reference tool only and is not designed to comment on the appropriateness of the disclosures or application of IFRS principles contained within the companies’ financial statements. Once issued, these financial statements will be available on SEDAR’s website at www.sedar.com).