NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Table of Contents

For the years ended December 31, 2007 and 2006

($Cdn thousands except per share amounts and as noted)

10. Other Liabilities

  2007  2006 
Deferred sales [note 7] $ 113,461  $ 107,330 
Derivatives [note 27]   21,619    10,127 
Deferred currency hedges [note 3(a)]   –    26,333 
Accrued post-retirement benefit liability [note 22]   13,143    12,166 
Zircatec acquisition holdback [note 23]   10,000    20,000 
BPLP        
Accrued post-retirement benefit liability [note 22]
  104,046    86,856 
Derivatives [note 27]
  1,057    – 
Deferred revenue – electricity contracts
  –    856 
Other   27,677    9,710 
    291,003    273,378 
Less current portion   (32,492)   (40,737)
Net $ 258,511  $ 232,641