FONDS DE SOLIDARITÉ DES TRAVAILLEURS DU QUÉBEC (F.T.Q.) CONSOLIDATED FINANCIAL STATEMENTS. As at May 31, PDF Free Download
Summary
These instruments are valued according to appropriate methods of valuation, including comparison to arm s-length transactions or takeover bids and the capitalization or discounting of cash flows. Net actuarial gains or losses which are greater than 10% of the accrued benefit obligation or the fair value of the plan assets, whichever is higher, are amortized over the average remaining service life of active employees. ) Notes to Consolidated Financial Statements As at May 31, 2006 and 2005 (In thousands) Unsecured Listed shares and units Unlisted shares and units Loans and advances Secured Loans and advances Derivative financial instruments Cost Fair value Cost Fair value $ $ $ $ 571, , , ,580 1,148, ,885 1,020, , , , , ,458 39,508 17,542 38,172 34,011 2,486,313 2,421,533 2,352,935 2,110,247-9,383-2,439 2,486,313 2,430,916 2,352,935 2,112,686 The investment agreements may include clauses providing for conversion and redemption options. 68 allowing directors, by simple resolution, to increase or decrease the amount of issued and paid -up capital on outstanding Series 1 Class A shares and to use any contributed surplus to eliminate or reduce the deficit. In our opinion, this consolidated schedule presents fairly, in all material respects, the investments at cost of the Fonds de solidarité des travailleurs du Québec (F.T.Q.