Investor Presentaiton

Statement of financial position As at March 31, 2014 (in thousands of dollars) FINANCIAL ASSETS 2014 2013 $ $ Cash and cash equivalents 19,842 13,363 Accrued interest receivable 1,949 1,341 Loan valuation allowance receivable (Note 1(j)) 9,868 11,454 Other receivables 1,160 1,075 Due from the Province of Nova Scotia 6,746 5,626 Loans receivable (Note 2 and 6) 40,136 36,605 Equity investments (Note 3 and 6) 29,477 38,342 109,178 107,806 LIABILITIES Accounts payable and accrued liabilities Deferred revenue Accrued interest payable 8,326 8,294 306 731 724 516 Employee benefits and other liabilities (Note 15) 1,519 1,432 Provision for payment of guarantees (Note 6) 300 Long-term debt due to the Province of Nova Scotia (Note 7 and Note 1(j)) 72,397 71,328 Transfer payments payable to the Province of Nova Scotia 49 26 83,321 82,627 25,857 25,179 Net financial assets NON-FINANCIAL ASSETS Tangible capital assets - industrial parks and buildings (Note 4) 1,202 1,264 Prepaid expenses 3 54 1,205 1,318 ACCUMULATED SURPLUS 27,062 26,497 Accumulated surplus is comprised of Accumulated operating surplus Accumulated remeasurement gains/(losses) 27,062 25,329 1,168 27,062 26,497 Contractual obligations (Note 9) Contingencies (Note 10) On behalf of the Board: BR Fingell Director The accompanying notes to the financial statements are an integral part of this financial statement. дой B Stains Director

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