Consolidated Income Statements and
Statements of Retained Earnings91 Consolidated
Statements of Retained Earnings (Deficit) (unaudited) Three months ended Twelve months ended Dec.
Consolidated
Statements of Retained Earnings (In thousands of Canadian dollars) Six months ended June 30, (Unaudited) 2005 2004 Retained earnings, beginning of period $ 337,827 $ 277,279 Net earnings for the period 33,147 28,348 Dividends declared (3,050) (3,050) Retained earnings, end of period $ 367,924 $ 302,577 The accompanying notes to the consolidated financial statements are an integral part of these statements.
CONSOLIDATED
STATEMENTS OF RETAINED EARNINGS unaudited 2005 2004 for the three months ended March 31, 2005 and 2004 ($) ($) BALANCE - BEGINNING OF YEAR 28,330,148 21,846,564 Net earnings for the period 1,542,930 1,008,556 BALANCE - END OF PERIOD 29,873,078 22,855,120 See accompanying Notes.
4 Consolidated
Statements of Retained Earnings (In thousands of Canadian dollars) Three months ended March 31, (Unaudited) 2005 2004 Retained earnings, beginning of period $ 337,827 $ 277,279 Net earnings for the period 11,885 12,549 Dividends declared ($0.
74 Average number of shares outstanding (000's) 6,500 6,500 Consolidated
Statements of Retained Earnings (thousands of US dollars) (Unaudited) For The Period Ended April 3 March 28 2005 2004 Retained earnings, beginning of period 160,856 137,435 Net earnings 5,307 4,825 Dividends declared (660) (650) Retained earnings, end of period 165,503 141,610 See accompanying notes to consolidated financial statements.
CONSOLIDATED
STATEMENTS OF RETAINED EARNINGS Three months ended Twelve months ended December 31 December 31 2004 2003 2004 2003 In US dollars (unaudited) (unaudited) (audited) (audited) Retained earnings, beginning of period $4,253,917 $2,053,134 $2,716,279 $1,655,101 Net earnings 723,967 702,096 2,416,747 1,184,254 Excess of purchase price over book value of common shares (9,748) (38,951) (164,890) (123,076) Retained earnings, end of period $4,968,136 $2,716,279 $4,968,136 $2,716,279 CORECO INC.
Canada Bread Company, Limited CONSOLIDATED
STATEMENTS OF RETAINED EARNINGS As at December 31, In thousands of Canadian dollars except per share amounts 2004 2003 Retained earnings, beginning of period $ 277,279 $ 247,746 Net earnings for the period 66,648 35,633 Dividends declared ($0.
Canada Bread Company, Limited CONSOLIDATED
STATEMENTS OF RETAINED EARNINGS Nine months ended September 30, In thousands of Canadian dollars except per share amounts (Unaudited) 2004 2003 Retained earnings, beginning of period $ 277,279 $ 247,746 Net earnings for the period 47,396 23,802 Dividends declared ($0.
CONSOLIDATED
STATEMENTS OF RETAINED EARNINGS Three months ended Nine months ended September 30, September 30, 2004 2003 2004 2003 In US dollars (unaudited)(unaudited) (unaudited) (unaudited) Retained earnings, beginning of period $3,605,443 $1,815,507 $2,716,279 $1,655,101 Net earnings 800,374 274,410 1,692,780 482,158 Excess of purchase price over book value of common shares (151,900) (36,783) (155,142) (84,125) Retained earnings, end of period $4,253,917 $2,053,134 $4,253,917 $2,053,134 CORECO INC.
48 Average number of shares outstanding (000's) 6,500 6,500 6,500 6,500 Consolidated
Statements of Retained Earnings (thousands of US dollars) (Unaudited) For the For the three months six months ended June 30 ended June 30 2004 2003 2004 2003 Retained earnings, beginning of period $ 141,610 $ 117,021 $137,435 $110,304 Net earnings 7,272 8,769 12,097 16,123 Dividends declared (653) (640) (1,303) (1,277) Retained earnings, end of period $ 148,229 $ 125,150 $148,229 $125,150 See accompanying notes to consolidated financial statements.
Canada Bread Company, Limited CONSOLIDATED
STATEMENTS OF RETAINED EARNINGS Six months ended June 30, In thousands of Canadian dollars except per share amounts (Unaudited) 2004 2003 Retained earnings, beginning of period $ 277,279 $ 247,746 Net earnings for the period 28,348 12,501 Dividends declared ($0.
