(a) Canadian GAAP applicable to publicly accountable enterprises;
(c) U.S. GAAP;
(ii) on the last day of the most recently completed financial year the total number of equity securities of the SEC foreign issuer beneficially owned by residents of Canada does not exceed 10%, on a fully-diluted basis, of the total number of equity securities of the SEC foreign issuer, and
(ii) in the case where the issuer`s GAAP differs from the accounting principles used to prepare the acquisition statements, for the most recently completed financial year and interim period presented, the notes to the acquisition statements:
(B) quantify the effect of each difference referred to in clause (A) and include a tabular reconciliation between profit or loss reported in the acquisition statements and profit or loss computed in accordance with the issuer`s GAAP;
(f) Canadian GAAP applicable to private enterprises if
(i) the acquisition statements consolidate any subsidiaries and account for significantly influenced investees and joint ventures using the equity method,
(ii) financial statements for the acquired business or business to be acquired were not previously prepared in accordance with one of the accounting principles specified in paragraphs (a) to (e) for the periods presented in the acquisition statements,
(iii) the acquisition statements are accompanied by a notice stating:
The recognition, measurement and disclosure requirements of Canadian GAAP applicable to private enterprises differ from those of Canadian GAAP applicable to publicly accountable enterprises, which are International Financial Reporting Standards incorporated into the Handbook.
The pro forma financial statements included in the document include adjustments relating to the [insert “acquired business” or “business to be acquired” as applicable] and present pro forma information prepared using principles that are consistent with the accounting principles used by the issuer.
(iv) in the case of acquisition statements included in a document filed by an issuer that is not a venture issuer, and is not an IPO venture issuer, for all financial years and the most recently completed interim period presented, the notes to the acquisition statements
(B) quantify the effect of each difference referred to in clause (A), and include a tabular reconciliation between profit or loss reported in the acquisition statements and profit or loss computed in accordance with the issuer`s GAAP, and
(C) for each difference referred to in clause (A) that relates to measurement, disclose and discuss the material inputs or assumptions underlying the measurement of the relevant amount computed in accordance with the issuer`s GAAP, consistent with the disclosure requirements of the issuer`s GAAP.
(3) Acquisition statements to which paragraph (1)(a) applies must disclose
(b) in the case of interim financial reports, an unreserved statement of compliance with IAS 34.
(a) the operating statement must include at least the following line items:
(i) gross sales;
(iii) production costs;
(iv) operating income;
(b) the line items in the operating statement must be prepared using accounting policies that
(ii) would apply to those line items if those line items were presented as part of a complete set of financial statements, and
(c) the operating statement must
(i) include the following statement:
This operating statement is prepared in accordance with the financial reporting framework specified in subsection 3.11(5) of National Instrument 52-107 Acceptable Accounting Principles and Auditing Standards for an operating statement.
(ii) describe the accounting policies used to prepare the operating statement.