PitchSend

Investor Presentaiton

Long Term Fund: Reserve and Reserve Funds 4,019 3,440 3,540 3,705 2,712 2,645 2,947 2,451 2,439 2,159 1,189 1,315 1,398 1,538 1,698 893 1,030 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 The budgeted balance for 2017 is $3.9 billion. The balance is forecasted to slowly decline to approx. $3.6 billion by 2020. b) TORONTO 19

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