CONSOLIDATED STATEMENT OF
FINANCIAL POSITION

	2006		2005
As at March 31	$		$
[in thousands of Canadian dollars]
Assets
Current
Cash	12,057		12,388
Short-term investments [note 5(a)]	–		5,401
Accounts receivable, net	32,666		33,213
Inventory [note 3]	4,389		3,874
Prepaid expenses	3,685		3,499
	52,797		58,375
Deferred expenses, net	2,082		4,034
Property, plant and equipment, net [note 4]	32,497		33,343
Long-term investments [note 5(b)]	46,409		32,119
Accrued pension benefit asset [note 10]	32,575		26,822
Intangible assets and goodwill, net [note 6]	3,935		4,034
	170,295		158,727
Liabilities and net assets
Current
Accounts payable and accrued liabilities	27,275		28,518
Deferred revenue	21,195		19,622
Customer deposits	12,644		12,456
	61,114		60,596
Accrued other retirement and post-     employment benefit liability [note 10]	17,716		14,027
Loan payable [note 7]	530		–
Lease inducement	1,541		–
	80,901		74,623
Contingencies and commitments [notes 9 and 11]
Net Assets
Invested in property, plant and equipment	32,497		33,343
Internally restricted for specific purposes	51,633		47,379
Unrestricted	5,264		3,382
Total Net Assets	89,394		84,104
	170,295		158,727
See accompanying notes

On behalf of the Board:	Daniel Gagnier		John Cowen
	Chair of the Board		Chair of the Audit Committee