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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0001173382-03-000003.txt : 20030224
<SEC-HEADER>0001173382-03-000003.hdr.sgml : 20030224
<ACCEPTANCE-DATETIME>20030224115348
ACCESSION NUMBER:		0001173382-03-000003
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20021231
FILED AS OF DATE:		20030224

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CAE INC
		CENTRAL INDEX KEY:			0001173382
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690]
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31402
		FILM NUMBER:		03576999

	BUSINESS ADDRESS:	
		STREET 1:		ROYAL BANK PLAZA
		STREET 2:		SUITE 3060
		CITY:			TORONTO ONTARIO
		STATE:			A6
		ZIP:			00000
		BUSINESS PHONE:		4168650070

	MAIL ADDRESS:	
		STREET 1:		8585 COTE DE LIESSE, CP 1800
		STREET 2:		DEPT. 04
		CITY:			ST-LAURENT, QUEBEC
		STATE:			A6
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>f6kq3fs.htm
<DESCRIPTION>6-K FORM
<TEXT>
<html>

<body leftmargin="30" rightmargin="30">

<b>
<p ALIGN="CENTER" style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font face="Arial" size="3">SECURITIES AND EXCHANGE COMMISSION</font></p>
<p ALIGN="CENTER" style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font size="2" face="Arial">Washington, DC 20549</font></p>
<p ALIGN="CENTER" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<p ALIGN="CENTER" style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font face="Arial" size="3">Form 6-K</font></p>
<p ALIGN="CENTER" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
</b>
<p ALIGN="CENTER" style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font size="2" face="Arial">Report of Foreign Issuer</font></p>
<p ALIGN="CENTER" style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font size="2" face="Arial">Pursuant to Rule 13a-16 or 15d-16 of</font></p>
<p ALIGN="CENTER" style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font size="2" face="Arial">the Securities Exchange Act of 1934</font></p>
<p ALIGN="CENTER" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<p ALIGN="JUSTIFY"><font size="2" face="Arial">For the month of: February, 2003&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commission File Number: 1-31402</font></p>
<b>
<p ALIGN="CENTER" style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font face="Arial" size="3">CAE Inc.</font></p>
</b>
<p ALIGN="CENTER" style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font size="2" face="Arial">(Name of Registrant)</font></p>
<p ALIGN="CENTER" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<b>
<p ALIGN="CENTER" style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font size="2" face="Arial">Royal Bank Plaza</font></p>
<p ALIGN="CENTER" style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font size="2" face="Arial">South Tower, Suite 3060</font></p>
<p ALIGN="CENTER" style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font size="2" face="Arial">Toronto, Ontario</font></p>
<p ALIGN="CENTER" style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font size="2" face="Arial">Canada M5J 2J1</font></p>
</b>
<p ALIGN="CENTER" style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font size="2" face="Arial">(Address of Principal Executive Offices)<br>
Telephone: (416) 866-6967</font></p>
<p ALIGN="CENTER" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<p><font size="2" face="Arial">Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F:</font></p>
<p><font size="2" face="Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Form 20-F [&nbsp;&nbsp; ]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Form 40-F [ X ]</font></p>
<p>&nbsp;</p>
<p><font size="2" face="Arial">Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:</font></p>
<p><font size="2" face="Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Yes [&nbsp;&nbsp; ]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
No [ X ]</font></p>
<p>&nbsp;</p>
<p><font size="2" face="Arial">If &quot;Yes&quot; is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): N/A</font></p>
<p><font size="2" face="Arial">&nbsp;</font></p>
<hr>
<b>
<p>&nbsp;</p>
<p ALIGN="CENTER"><font face="Arial" size="3">SIGNATURES</font></p>
</b>
<p><font size="2" face="Arial">Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.</font></p>
<b>
<p><font size="2" face="Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
CAE Inc.</font></p>
</b>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font size="2" face="Arial">&nbsp;Date:
February 24, 2003&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
By:<u> /s/ Aline
Belanger&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font size="2" face="Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font size="2" face="Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Name:
Aline Belanger</font></p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font size="2" face="Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Title:
Corporate Controller and Assistant Secretary</font></p>

<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>

<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>

<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>

<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>

<hr>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0" align="center"><font face="Arial" size="3"><b>EXHIBIT
INDEX</b></font></p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0" align="center">&nbsp;</p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0" align="center">&nbsp;</p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0" align="left">&nbsp;&nbsp;&nbsp;
<font size="2" face="Arial"><b><u>Exhibit</u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<u>Description of Exhibit</u></b></font></p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0" align="left">&nbsp;</p>
<blockquote>
  <p style="word-spacing: 0; margin-top: 0; margin-bottom: 0" align="left"><font size="2" face="Arial">99&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
  Third Quarter Report</font></p>
</blockquote>

</body>

</html>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>q3fs.htm
<DESCRIPTION>THIRD QUARTER REPORT
<TEXT>
<html>

<head>
<title>Consolidated Balance Sheets</title>
</head>

<body leftmargin="75">

<b><font FACE="Arial" SIZE="4" COLOR="#0000ff">
<p ALIGN="JUSTIFY">&nbsp;</p>
<ul>
  <font FACE="Times">
  <li>Third Quarter Report</li>
  <li>Q3</li>
  <li>Interim Financial Report</li>
  </font>
  <li>
    <p style="margin-top: 0"><font FACE="Times">for the nine months ended
    December 31, 2002</font></li>
</ul>
<hr>
<font FACE="Times">
<p style="margin-top: 0">&nbsp;</p>
<p style="margin-top: 0">Table of Contents</p>
</font>
</font></b>
<p><font face="Arial" size="2">01&nbsp;&nbsp;&nbsp;&nbsp; Report to Shareholders</font></p>
<p><font face="Arial" size="2">03&nbsp;&nbsp;&nbsp;&nbsp; Management's Discussion and Analysis: Nine
months ending December 31, 2002</font></p>
<p><font face="Arial" size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 03&nbsp;&nbsp;&nbsp;&nbsp;
Summary of Consolidated Results</font></p>
<p><font face="Arial" size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 05&nbsp;&nbsp;&nbsp;&nbsp;
Civil Simulation and Training</font></p>
<p><font face="Arial" size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 06&nbsp;&nbsp;&nbsp;&nbsp;
Military Simulation and Training</font></p>
<p><font face="Arial" size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 07&nbsp;&nbsp;&nbsp;&nbsp;
Marine Controls</font></p>
<p><font face="Arial" size="2">09&nbsp;&nbsp;&nbsp;&nbsp; Consolidated Balance Sheets</font></p>
<p><font face="Arial" size="2">10&nbsp;&nbsp;&nbsp;&nbsp; Consolidated Statements of Earnings</font></p>
<p><font face="Arial" size="2">10&nbsp;&nbsp;&nbsp;&nbsp; Consolidated Statements of Retained Earnings</font></p>
<p><font face="Arial" size="2">11&nbsp;&nbsp;&nbsp;&nbsp; Consolidated Statements of Cash Flow</font></p>
<p><font face="Arial" size="2">12&nbsp;&nbsp;&nbsp;&nbsp; Notes to the Consolidated Financial Statements</font></p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<hr>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<font FACE="Arial" SIZE="4" COLOR="#0000ff">
<b>
<p ALIGN="JUSTIFY" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<font FACE="Times">
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">Report to Shareholders</p>
<p>&nbsp;</p>
<p>Third Quarter Results</font></b></font></p>
<p>&nbsp;</p>
<p><font face="Arial" size="2">I am pleased to report that CAE's third quarter
earnings and margins both improved from the prior quarter, due primarily to
company-wide cost containment measures and continuing productivity improvements,
particularly those emanating from our visuals and operations groups. As
expected, third quarter earnings of 14 cents per share and margins of 19% were
lower than in the prior year due to reduced demand caused by the continuing
crisis in the airline industry, particularly among the major US carriers, the
more general economic malaise and wide-spread apprehensions about geo-political
developments.</font></p>
<p><font face="Arial" size="2">With year-to-date earnings of 42 cents per share,
CAE remains on course to reach our full year earnings target of 59 to 62 cents
per share. As well, year-to-date margins of 20% are in line with full-year
expectations. We view this performance in a positive vein, given the difficult
and challenging environment in which we are operating.</font></p>
<p><font face="Arial" size="2">The Civil Simulation and Training unit (Civil) is
still encountering weak demand for its equipment and (to a lesser extent)
training services, due to the weakened condition of its airline and corporate</font>
<font face="Arial" size="2">customers. Sales of full flight simulators have
improved slightly in the second half of the fiscal year. As at the date of
writing, we have won 8 of the 11 competed orders for full flight simulators,
compared to only 3 orders in the first half of the fiscal year. Civil continued
to execute its long-term aviation training plan, ending the third quarter with
75 simulators in its installed training base - 16 more than at the beginning
of the year. The installed base will approach 90 simulators by the end of this
fiscal year. With training less susceptible to the deep cycles of the equipment
market, we continue to view the provision of training services as a firm and
stable foundation for CAE's long term growth.</font></p>
<p><font face="Arial" size="2">The growth of the Military Simulation and
Training business (Military) has been impeded by frustrating delays in major
procurement programs. The silver lining is that these contract opportunities
have been delayed - not lost - so Military remains well-positioned to grow
in the future. Meanwhile, the unit maintained a solid margin performance during
the third quarter and signed a number of smaller contracts of significant
strategic value, including some involving our leading-edge visuals and STRIVE
simulation and modeling technologies.</font></p>
<p><font face="Arial" size="2">The smallest of our three units - Marine
Controls (Marine) - delivered another quarter of solid top and bottom line
growth, thereby partially offsetting the year-over-year reduction in Civil's
operating earnings. More recently, the UK government has selected BAE Systems to
lead the construction of two aircraft carriers for its Royal Navy using the ship design
of the Thales team, of which Marine is a key member and exclusive partner.
Further discussions with the principal players are necessary to understand the
implications of this unusual &quot;split-decision&quot;.</font></p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font face="Arial" size="2">The long-term strategy we have been executing at
CAE seeks to expand the scope of our business by moving beyond the one-time sale
of equipment into the provision of actual training services; and to generate
more balanced growth between military and commercial markets. Our strategy
remains intact and was reaffirmed recently by your Board of Directors. Our
immediate challenge is to execute initiatives</font></p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<hr>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font face="Arial" size="2">&nbsp;that preserve our profitability
while positioning ourselves to optimize the company's growth and value as the
global economy and airline industry recovers. Our goal is to provide customers
with an integrated suite of training solutions that sets the industry standard.
By focusing on the excellence and efficiency of our supply, and by understanding
the needs of potential customers, we aim to become the preferred choice for
simulation-based training solutions world-wide.</font></p>
<p><font face="Arial" size="2">As shareholders know, we are passing through a
critical period in global affairs - a time of great uncertainty. Amidst the
thick fog of uncertainty however, there <i> are </i> three certainties. One is that there
is <i> not</i> going to be a quick and rapid recovery of demand. A second is that there
<i>
will </i> be a recovery in due course. Recovery is not a question of if - but when.
And a third certainty you can count on is that CAE will be ready, willing and
able to meet the demand as recovery takes hold.</font></p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font face="Arial" color="#0000ff" size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
[Graph Signature]</font></p>
<p style="word-spacing: 0; margin: 0"><font face="Arial" size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
D.H. Burney</font></p>
<p style="word-spacing: 0; margin: 0"><font face="Arial" size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
President and Chief Executive Officer</font></p>
<p style="word-spacing: 0; margin: 0">&nbsp;</p>
<hr>
<p style="word-spacing: 0; margin: 0">&nbsp;</p>
<font FACE="Arial" SIZE="4" COLOR="#0000ff">
<b>
<p ALIGN="JUSTIFY" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<p ALIGN="JUSTIFY" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">Management's Discussion and Analysis</p>
</b>
</font><font FACE="Arial" SIZE="4" COLOR="#0000ff">
<p ALIGN="JUSTIFY" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">Nine months ending December 31, 2002</p>
<p ALIGN="JUSTIFY" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
</font>
<p><font face="Arial" size="2">Management's Discussion and Analysis (MD&amp;A)
of the third quarter and first nine months of fiscal 2003 financial results
focuses on the core businesses of CAE Inc. (CAE): Civil Simulation and Training
(Civil), Military Simulation and Training (Military) and Marine Controls
(Marine). The growing size of Marine, which was grouped with Military in the
prior year and reported as Military Simulation and Marine Controls, means it is
now reported separately as a business segment. The MD&amp;A includes a review of
the operations and financial condition of each segment and should be read in
conjunction with the unaudited financial statements contained on pages 9 to 17,
as well as with the MD&amp;A and the Consolidated Financial Statements and Notes
included in CAE's annual report for the year ended March 31, 2002, which is
available at www.cae.com or from CAE directly. All dollar amounts referred to
herein are Canadian dollars unless otherwise specified.</font></p>
<p><font face="Arial" size="2">This MD&amp;A is intended to assist in the
understanding and assessment of significant changes and trends, as well as risks
and uncertainties, related to the results of operations and the financial
condition of CAE. It contains forward-looking statements with respect to CAE and
its subsidiaries based on assumptions, which CAE considers reasonable at the
time they were prepared. These forward-looking statements, by their nature, necessarily involve risks and
uncertainties that could cause actual results to differ materially from those
contemplated by the forward-looking statements. CAE cautions the reader that the
assumptions regarding future events, many of which are beyond the control of CAE
and its subsidiaries, may ultimately prove to be incorrect.</font></p>
<p><font face="Arial" size="2">Numerous factors could cause our results to
differ materially from those in the forward-looking statements, including: the
purchase and timing of delivery of new aircraft and vessels by and to civil,
military and marine customers; reduced defense spending by governments; rising
costs, especially in connection with fixed-price contracts; the effectiveness of
our research and development program and our ability to develop new products and
features in a timely manner; a lack of success in bidding for competed
contracts; changes in regulatory requirements; difficulties in executing our
business strategy; the inability to successfully integrate our acquired
businesses; and general political, economic and financial conditions in the
markets in which we operate.</font></p>
<p><font face="Arial" size="2" color="#0000FF"><b>Summary of Consolidated
Results</b></font></p>
<p><font face="Arial" size="2" color="#0000FF"><b>Continuing Operations</b></font></p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font face="Arial" size="2" color="#0000FF">Earnings
from Continuing Operations</font></p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font face="Arial" size="2">Consolidated
earnings from continuing operations for the quarter ended December 31, 2002,
were $31.5 million or 14 cents per share compared to $39.9 million or 18 cents
per share reported in the third quarter of fiscal 2002. The decrease is mainly
attributable to lower operating margins for the Civil segment, which were
impacted by the weak demand for full flight simulator (FFS) equipment and the
accounting impact for sale and leaseback financing whereby the imputed interest
charges from the lease payment are included as a cost in determining operating
margins. Part of the reduction in Civil's equipment sales is attributable to
CAE's move into training, as some of these sales have been converted into
long-term training opportunities. In addition, the significant ramp up in
training this year has impacted margins. Partially offsetting the decline in
Civil was the growth delivered by the Marine segment with a reported</font></p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<hr>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font face="Arial" size="2">&nbsp;increase
of 43% for the quarter, while Military's operating earnings were consistent
with the prior year. Year-to-date earnings from continuing operations were $92.0
million or 42 cents per share, compared to $107.2 million or 49 cents per share
for the same period last year.</font></p>
<p><font face="Arial" size="2">Operating margins were 19% in the quarter against
last year's 23%, in line with full year expectations of 20% year-to-date. The
decrease is attributable to a change in business mix, more Military and Marine
and less Civil, and to the lower operating margins reported by Civil for the
reasons previously noted. This was partially offset by increased operating
margin levels in both Military and Marine.</font></p>
<p><font face="Arial" size="2">In addition, beginning this fiscal year, the
amortization period for Civil simulation equipment was changed from 20 years to
25 years. This change, which is a better approximation of the useful life of the
simulators, is consistent with industry practices as well as the long term
financing arrangements completed to date for such assets. The change in the
estimated life reduced the amortization expense by approximately $2.7 million on
a year-to-date basis.</font></p>
<p><font face="Arial" size="2">Interest expense for the quarter amounted to $9.0
million compared to $5.2 million last year. Year-to-date interest expense was
$25.8 million versus $12.3 million in fiscal 2002. The increase in interest
expense resulted from a higher debt level following the strategic investments
made last year and the further expansion of the installed base of civil
simulators delivering training.</font></p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font face="Arial" size="2" color="#0000FF">Revenue</font></p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font face="Arial" size="2">Consolidated
revenue for the third quarter of $290.3 million was 4% higher than the $279.9
million generated in the prior year. Civil's revenue rose by 5%, while the
Military segment was unchanged. Marine revenue climbed 15%. Year-to-date
consolidated revenue reached $818.3 million, 5% over last year with increases of
37% in Marine and 3% in Military, while Civil remained stable.</font></p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font face="Arial" size="2" color="#0000FF">Net
Earnings</font></p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font face="Arial" size="2">Consolidated
net earnings of $31.5 million for the quarter and $92.0 million year-to-date
mirrored that of earnings from continuing operations, as there were no
contributions from discontinued operations. In fiscal 2002, the latter
contributed $0.3 million to the third quarter and $5.0 million year-to-date.</font></p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font face="Arial" size="2" color="#0000FF">Cash
Flow</font></p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font face="Arial" size="2">CAE's
cash and short-term investments balance at the end of the quarter was $77.2
million, an increase of $6.8 million since the end of last quarter while total
debt (current and long-term) increased by $61.5 million to $990.2 million, due
mostly to capital expenditures and increases in working capital.</font></p>
<p><font face="Arial" size="2">For the nine months ending December 31, 2002, CAE's
cash and short-term investments decreased by $32.9 million and long-term debt
increased by $63.7 million. These changes in cash flow are the result of capital
expenditures of $182.9 million made principally to support the expansion of
Civil's training centre network. Capital expenditures have also been partially
financed by $92.2 million of proceeds from sale and leaseback transactions. In
addition, non-cash working capital has increased mostly due to a decrease in
deposits on contracts.</font></p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font face="Arial" size="2" color="#0000FF">Backlog</font></p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font face="Arial" size="2">CAE's
order backlog at December 31, 2002, was $2.4 billion, the same level as at
September 30, 2002.</font></p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font face="Arial" size="2" color="#0000FF">Capital
Resources and Liquidity</font></p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font face="Arial" size="2">The
Company's financing needs are met through internally generated cash flow,
availability under credit facilities and direct access to capital markets for
additional long-term capital resources of debt and equity. The Company considers
that its present and expected capital resources and current credit facilities
will enable it to meet all its current and expected financial requirements for
the foreseeable future.</font></p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<hr>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font face="Arial" size="2">CAE maintains committed bank lines at floating
rates, each provided by a syndicate of lenders. These credit facilities permit
CAE and certain designated subsidiaries to borrow funds directly for operating,
general and corporate purposes. The total available amount is $925.0 million, of
which 66% ($606.0 million) was utilized at the end of the quarter. Of this
amount, $170.9 million was drawn from a revolving credit facility maturing in
June 2003, which will be refinanced through expected cash flow from operations
and sale and leaseback transactions. This facility, which was originally
US$200.0 million ($313.7 million), was reduced by US$65.0 million ($101.9
million) in September 2002 following the conclusion of sale and leaseback
transactions. The Company is in full compliance with all bank covenants at the
end of the third quarter, and has the ability to draw under non-committed
operating lines $87.0 million, of which only 3% ($2.0 million) is utilized.</font></p>
<p><font face="Arial" size="2">Financial instruments are used from time to time
to manage short-term interest rate fluctuations on underlying credit facilities
borrowings. Long-term obligations are usually structured with fixed rates and
maturities that will reduce its refinancing risk.</font></p>
<p><font face="Arial" size="2" color="#0000FF"><b>Civil Simulation and Training</b></font></p>
<p><font face="Arial" size="2">CAE's Civil Simulation and Training business is
continuing its transformation from a supplier of simulator equipment to a
world-leading provider of integrated training solutions in the civil aviation
training market. CAE is the world's second largest independent aviation
training company.</font></p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font face="Arial" size="2" color="#0000FF">Review
of Operations</font></p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font face="Arial" size="2">During
the quarter, CAE signed an $18.0 million contract to provide an A320 FFS to new
customer China Eastern Airlines. The simulator will feature the CAE Tropos&#153
visual system and is to be installed at China Eastern's Pudong training centre
by the end of 2003.</font></p>
<p><font face="Arial" size="2">CAE also sold a B737NG FFS to Korean Air for
approximately $17.0 million. The FFS will also be equipped with the CAE Tropos&#153
visual system. This is the seventh FFS sold to Korean Air, a longstanding
customer of CAE.</font></p>
<p><font face="Arial" size="2">CAE announced a $33.0 million contract with the
United States Air Force (USAF) Air Education and Training Command to provide
initial and recurrent training for the C-21A Learjet program at its CAE
SimuFlite Dallas training centre. The contract, in support of the USAF's fleet
of more than 70 C-21A aircraft attached to the 375th Airlift Wing of the Air
Mobility Command, is renewable through an annual option over its 10-year term.</font></p>
<p><font face="Arial" size="2">CAE concluded training contracts worth $17.0
million with ten airlines, for training services to be held in CAE's European
training centres.</font></p>
<p><font face="Arial" size="2">Civil's installed simulator base was 75 as of
December 31, up from 59 at the beginning of the fiscal year.</font></p>
<p><b><font face="Arial" COLOR="#0000ff" size="2">
Financial Results</font></p>
</b>
<table BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="625" height="105">
  <tr>
    <td WIDTH="32%" VALIGN="MIDDLE" HEIGHT="33" style="border-bottom-style: solid; border-bottom-width: 1">
      <p><font face="Arial" size="2" COLOR="#0000ff">
      (amounts in millions, except operating margins)</font></td>

<font FACE="Times">
    <td WIDTH="4%" VALIGN="MIDDLE" HEIGHT="33" style="border-bottom-style: solid; border-bottom-width: 1">
      <p></p>
    </td>
</font>
    <td WIDTH="13%" VALIGN="bottom" HEIGHT="33" style="border-bottom-style: solid; border-bottom-width: 1">
      <p ALIGN="RIGHT"><font face="Arial" size="2" COLOR="#0000ff">
      Q3-2003</font></td>
    <td WIDTH="13%" VALIGN="bottom" HEIGHT="33" style="border-bottom-style: solid; border-bottom-width: 1">
      <p ALIGN="RIGHT"><font face="Arial" size="2" COLOR="#0000ff">
      Q2-2003</font></td>
    <td WIDTH="13%" VALIGN="bottom" HEIGHT="33" style="border-bottom-style: solid; border-bottom-width: 1">
      <p ALIGN="RIGHT"><font face="Arial" size="2" COLOR="#0000ff">
      Q1-2003</font></td>
    <td WIDTH="13%" VALIGN="bottom" HEIGHT="33" style="border-bottom-style: solid; border-bottom-width: 1">
      <p ALIGN="RIGHT"><font face="Arial" size="2" COLOR="#0000ff">
      Q4-2002</font></td>
    <td WIDTH="13%" VALIGN="bottom" HEIGHT="33" style="border-bottom-style: solid; border-bottom-width: 1">
      <p ALIGN="RIGHT"><font face="Arial" size="2" COLOR="#0000ff">
      Q3-2002</font></td>
  </tr>
  <tr>
    <td WIDTH="32%" VALIGN="MIDDLE" HEIGHT="19">
      <p ALIGN="JUSTIFY"><font face="Arial" size="2">
      Revenue</font></td>
    <td WIDTH="4%" VALIGN="MIDDLE" HEIGHT="19"><b>
      <p ALIGN="CENTER"><font face="Arial" size="2">
      $</font></b></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="19"><b>
      <p ALIGN="RIGHT"><font face="Arial" size="2">139.6</font></b></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="19">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      104.4</font></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="19">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      135.5</font></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="19">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      164.9</font></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="19">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      133.2</font></td>
  </tr>
  <tr>
    <td WIDTH="32%" VALIGN="MIDDLE" HEIGHT="18">
      <p ALIGN="JUSTIFY"><font face="Arial" size="2">
      Operating earnings</font></td>
    <td WIDTH="4%" VALIGN="MIDDLE" HEIGHT="18"><b>
      <p ALIGN="CENTER"><font face="Arial" size="2">
      $</font></b></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="18"><b>
      <p ALIGN="RIGHT"><font face="Arial" size="2">29.2</font></b></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="18">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      19.9</font></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="18">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      37.7</font></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="18">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      42.4</font></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="18">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      40.7</font></td>
  </tr>
  <tr>
    <td WIDTH="32%" VALIGN="MIDDLE" HEIGHT="18">
      <p ALIGN="JUSTIFY"><font face="Arial" size="2">
      Operating margins</font></td>
    <td WIDTH="4%" VALIGN="MIDDLE" HEIGHT="18"><b>
      <p ALIGN="CENTER"><font face="Arial" size="2">
      %</font></b></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="18"><b>
      <p ALIGN="RIGHT"><font face="Arial" size="2">20.9</font></b></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="18">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      19.1</font></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="18">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      27.8</font></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="18">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      25.7</font></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="18">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      30.6</font></td>
  </tr>
  <tr>
    <td WIDTH="32%" VALIGN="MIDDLE" HEIGHT="17" style="border-bottom-style: solid; border-bottom-width: 1">
      <p ALIGN="JUSTIFY"><font face="Arial" size="2">Backlog</font></td>
    <td WIDTH="4%" VALIGN="MIDDLE" HEIGHT="17" style="border-bottom-style: solid; border-bottom-width: 1"><b>
      <p ALIGN="CENTER"><font face="Arial" size="2">
      $</font></b></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="17" style="border-bottom-style: solid; border-bottom-width: 1"><b>
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      416.1</font></b></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="17" style="border-bottom-style: solid; border-bottom-width: 1">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      424.8</font></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="17" style="border-bottom-style: solid; border-bottom-width: 1">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      489.3</font></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="17" style="border-bottom-style: solid; border-bottom-width: 1">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      641.2</font></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="17" style="border-bottom-style: solid; border-bottom-width: 1">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      708.9</font></td>
  </tr>
</table>
<font FACE="Arial" SIZE="2">
<p ALIGN="JUSTIFY" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<p ALIGN="JUSTIFY" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<hr>
</font>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">
&nbsp;</p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">
<font face="Arial" SIZE="2">
Revenue for the quarter of $139.6 million was $6.4 million or 5% above last
year. This increase was attributable to higher training revenue from last year's
acquisition of SimuFlite and the addition of simulators to the aviation training
network, offset by the weak market for equipment sales. Year-to-date
revenue of $379.5 million was similar to last year's level.</font></p>
<p>
<font face="Arial" SIZE="2">
Operating earnings for the quarter of $29.2 million were $11.5 million or 28%
below last year while year-to-date operating earnings of $86.7 million were
$22.7 million or 21% below last year. These decreases are primarily due to lower
FFS sales and the accounting implications of the sale and leaseback financing,
partially offset by the growing aviation training network.</font></p>
<p>
<font face="Arial" SIZE="2">
The backlog at the end of December declined to $416.1 million from $424.8
million in September, resulting from reduced sales of full flight simulators.
The lower backlog levels compared to prior periods also reflects the fact that
much of the training services business is not covered by long-term contracts and
thus has no backlog amount associated with it.</font></p>
<font FACE="Arial" SIZE="2">
<p ALIGN="JUSTIFY" style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font FACE="Arial" SIZE="2" COLOR="#0000ff">Outlook</font></p>
</font>
<p ALIGN="JUSTIFY" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">
<font face="Arial" SIZE="2">
CAE anticipates 10 to 12 FFS orders for the current fiscal year, while its
combined business and commercial training sectors are projected to represent
approximately 50% of Civil's revenue. CAE's installed base of simulators
will expand to nearly 90 simulators by the end of this fiscal year.</font></p>
<p ALIGN="JUSTIFY"><b><font face="Arial" size="2" COLOR="#0000ff">Military Simulation and Training</font></b></p>
<font FACE="Arial" SIZE="2">
<p ALIGN="JUSTIFY">CAE's Military Simulation and Training business is a premier
designer and manufacturer of military flight and land-based simulation training
systems.</p>
<p ALIGN="JUSTIFY" style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font FACE="Arial" SIZE="2" COLOR="#0000ff">Review of
operations</p>
</font>
</font>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font size="2" face="Arial">During
the quarter, CAE signed a contract valued at approximately $28.0 million to
provide the Canadian Forces with a new CP-140 Aurora flight deck simulator and
upgraded CP-140 cockpit procedures trainer. The devices will be ready for
training in December 2004.</font></p>
<p><font size="2" face="Arial">CAE was also awarded by Lockheed Martin a
five-year, $16.0 million (US$10.3 million) contract to provide maintenance
support services for C-130J aviation training equipment delivered to the Italian
Air Force.</font></p>
<p><font size="2" face="Arial">CAE will be providing the Irish Defence Forces
with CAE's GESI Command and Staff Training System. The contract is valued at
approximately $5.0 million. This is the seventh system sold to a member nation
of the European Community.</font></p>
<p><font size="2" face="Arial">CAE received a contract for approximately $5.0
million from the U.S. Army to provide its CAE Medallion-S&#153 visual system for the MH-60 Black
Hawk and MH-47 Chinook helicopter combat mission simulators of the Army's
160th Special Operations Aviation Regiment (Airborne). The agreement represents
the first ever combination of a high-end, full-featured visual system - CAE
Medallion-S&#153 - with Lockheed Martin's Tactical Operational Scene mission
rehearsal database system.</font></p>
<b>
<p ALIGN="JUSTIFY"><font face="Arial" size="2" COLOR="#0000ff">
Financial Results
</font></b><font FACE="Arial" SIZE="2" COLOR="#0000ff">
</p>
</font>
<table BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="625">
  <tr>
    <td WIDTH="32%" VALIGN="MIDDLE" HEIGHT="31" style="border-bottom-style: solid; border-bottom-width: 1">
      <p><font face="Arial" size="2" COLOR="#0000ff">
      (amounts in millions, except operating margins)</font></td>
<font FACE="Times">
    <td WIDTH="4%" VALIGN="MIDDLE" HEIGHT="31" style="border-bottom-style: solid; border-bottom-width: 1">
      <p></p>
    </td>
</font>
    <td WIDTH="13%" VALIGN="bottom" HEIGHT="31" style="border-bottom-style: solid; border-bottom-width: 1"><b>
      <p ALIGN="RIGHT"><font face="Arial" size="2" COLOR="#0000ff">
      Q3-2003</font></b></td>
    <td WIDTH="13%" VALIGN="bottom" HEIGHT="31" style="border-bottom-style: solid; border-bottom-width: 1">
      <p ALIGN="RIGHT"><font face="Arial" size="2" COLOR="#0000ff">
      Q2-2003</font></td>
    <td WIDTH="13%" VALIGN="bottom" HEIGHT="31" style="border-bottom-style: solid; border-bottom-width: 1">
      <p ALIGN="RIGHT"><font face="Arial" size="2" COLOR="#0000ff">
      Q1-2003</font></td>
    <td WIDTH="13%" VALIGN="bottom" HEIGHT="31" style="border-bottom-style: solid; border-bottom-width: 1">
      <p ALIGN="RIGHT"><font face="Arial" size="2" COLOR="#0000ff">
      Q4-2002</font></td>
    <td WIDTH="13%" VALIGN="bottom" HEIGHT="31" style="border-bottom-style: solid; border-bottom-width: 1">
      <p ALIGN="RIGHT"><font face="Arial" size="2" COLOR="#0000ff">
      Q3-2002</font></td>
  </tr>
  <tr>
    <td WIDTH="32%" VALIGN="MIDDLE" HEIGHT="16">
      <p ALIGN="JUSTIFY"><font face="Arial" size="2">
      Revenue</font></td>
    <td WIDTH="4%" VALIGN="MIDDLE" HEIGHT="16"><b>
      <p ALIGN="CENTER"><font face="Arial" size="2">
      $</font></b></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="16"><b>
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      107.4</font></b></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="16">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      108.6</font></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="16">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      106.0</font></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="16">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      150.2</font></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="16">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      109.1</font></td>
  </tr>
  <tr>
    <td WIDTH="32%" VALIGN="MIDDLE" HEIGHT="16">
      <p ALIGN="JUSTIFY"><font face="Arial" size="2">
      Operating earnings</font></td>
    <td WIDTH="4%" VALIGN="MIDDLE" HEIGHT="16"><b>
      <p ALIGN="CENTER"><font face="Arial" size="2">
      $</font></b></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="16"><b>
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      16.7</font></b></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="16">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      16.2</font></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="16">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      18.7</font></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="16">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      20.5</font></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="16">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      16.5</font></td>
  </tr>
  <tr>
    <td WIDTH="32%" VALIGN="MIDDLE" HEIGHT="16">
      <p ALIGN="JUSTIFY"><font face="Arial" size="2">
      Operating margins</font></td>
    <td WIDTH="4%" VALIGN="MIDDLE" HEIGHT="16"><b>
      <p ALIGN="CENTER"><font face="Arial" size="2">
      %</font></b></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="16"><b>
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      15.5</font></b></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="16">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      15.0</font></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="16">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      17.6</font></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="16">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      13.6</font></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="16">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      15.1</font></td>
  </tr>
  <tr>
    <td WIDTH="32%" VALIGN="MIDDLE" HEIGHT="16" style="border-bottom-style: solid; border-bottom-width: 1">
      <p ALIGN="JUSTIFY"><font face="Arial" size="2">
      Backlog</font></td>
    <td WIDTH="4%" VALIGN="MIDDLE" HEIGHT="16" style="border-bottom-style: solid; border-bottom-width: 1"><b>
      <p ALIGN="CENTER"><font face="Arial" size="2">
      $</font></b></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="16" style="border-bottom-style: solid; border-bottom-width: 1"><b>
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      1,347.5</font></b></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="16" style="border-bottom-style: solid; border-bottom-width: 1">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      1,310.9</font></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="16" style="border-bottom-style: solid; border-bottom-width: 1">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      1,334.0</font></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="16" style="border-bottom-style: solid; border-bottom-width: 1">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      1,378.3</font></td>
    <td WIDTH="13%" VALIGN="MIDDLE" HEIGHT="16" style="border-bottom-style: solid; border-bottom-width: 1">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      1,367.8</font></td>
  </tr>
</table>
<p ALIGN="JUSTIFY">
&nbsp;</p>
<hr>
<p>
<font face="Arial" size="2">
Revenue of $107.4 million for the quarter was $1.7 million or 2% below last year's
level of $109.1 million. Year-to-date revenue of $321.9 million reflected a gain
of 3% or $10.4 million over last year. Revenue growth has been affected by
delays in the award of several programs.
</font>
</p>
<p>
<font face="Arial" size="2">
Operating earnings of $16.7 million this quarter were slightly above last year.
Year-to-date operating earnings, however, at $51.5 million were 14% or $6.4
million above last year representing further margin improvements through
productivity gains.
</font>
</p>
<p>
<font face="Arial" size="2">
Backlog at $1.4 billion is similar to the previous quarter.
</font>
</p>
<font face="Arial" size="2">
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font FACE="Arial" SIZE="2" COLOR="#0000ff">Outlook</p>
</font>
</font>
<p ALIGN="JUSTIFY" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">
<font face="Arial" size="2">
While economic and geo-political uncertainties continue to cause delays in
military procurement programs, CAE is bidding to participate in a number of
significant programs including the Flight School XXI program in the United
States and the Armored Vehicle Training program for the United Kingdom Ministry
of Defense. Participation in such new programs, together with the current
backlog, the majority of which is long-term, will provide a solid platform for
the future.
</font>
</p>
<b><font FACE="Arial" SIZE="2" COLOR="#0000ff">
</font></b>
<b><p ALIGN="JUSTIFY"><font face="Arial" size="2" COLOR="#0000ff">
Marine Controls</font></b></p>
<font FACE="Arial" SIZE="2">
<p ALIGN="JUSTIFY">CAE's Marine Controls business is a world leader in the
supply of automation and control systems for the naval and commercial markets.
The business also provides naval training systems and designs and manufactures
power plant training simulators and systems.</p>
<p ALIGN="JUSTIFY" style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font FACE="Arial" SIZE="2" COLOR="#0000ff">Review of
operations</font></p>
</font>
<p ALIGN="JUSTIFY" style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font face="Arial" size="2">During
the quarter, CAE was selected as the exclusive partner in the Thales CVF team,
which was one of two teams, the second headed by BAE SYSTEMS, competing to build
two 50,000-ton aircraft carriers for the United Kingdom Royal Navy. On January
30, 2003 it was announced that the two teams established an alliance for the
delivery of the two ships. The Thales team ship design was selected but it is
not yet clear what impact this will have on CAE's role.</font></p>
<div align="justify">
<pre ALIGN="JUSTIFY" style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font face="Arial" COLOR="#0000ff" size="2">
<b>Financial Results</b></font></pre>
</div>
<table BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="625">
  <tr>
    <td WIDTH="32%" VALIGN="MIDDLE" HEIGHT="34" style="border-bottom-style: solid; border-bottom-width: 1">
      <p><font face="Arial" size="2" COLOR="#0000ff">
      (amounts in millions, except operating margins)</font></td>
<font FACE="Times">
    <td WIDTH="4%" VALIGN="MIDDLE" HEIGHT="34" style="border-bottom-style: solid; border-bottom-width: 1">
      <p></p>
    </td>
</font>
    <td WIDTH="12%" VALIGN="bottom" HEIGHT="34" style="border-bottom-style: solid; border-bottom-width: 1"><b>
      <p ALIGN="RIGHT"><font face="Arial" size="2" COLOR="#0000ff">
      Q3-2003</font></b></td>
    <td WIDTH="13%" VALIGN="bottom" HEIGHT="34" style="border-bottom-style: solid; border-bottom-width: 1">
      <p ALIGN="RIGHT"><font face="Arial" size="2" COLOR="#0000ff">
      Q2-2003</font></td>
    <td WIDTH="13%" VALIGN="bottom" HEIGHT="34" style="border-bottom-style: solid; border-bottom-width: 1">
      <p ALIGN="RIGHT"><font face="Arial" size="2" COLOR="#0000ff">
      Q1-2003</font></td>
    <td WIDTH="13%" VALIGN="bottom" HEIGHT="34" style="border-bottom-style: solid; border-bottom-width: 1">
      <p ALIGN="RIGHT"><font face="Arial" size="2" COLOR="#0000ff">
      Q4-2002</font></td>
    <td WIDTH="13%" VALIGN="bottom" HEIGHT="34" style="border-bottom-style: solid; border-bottom-width: 1">
      <p ALIGN="RIGHT"><font face="Arial" size="2" COLOR="#0000ff">
      Q3-2002</font></td>
  </tr>
  <tr>
    <td WIDTH="32%" VALIGN="TOP" HEIGHT="16">
      <p ALIGN="JUSTIFY"><font face="Arial" size="2">
      Revenue</font></td>
    <td WIDTH="4%" VALIGN="TOP" HEIGHT="16"><b>
      <p ALIGN="CENTER"><font face="Arial" size="2">
      $</font></b></td>
    <td WIDTH="12%" VALIGN="TOP" HEIGHT="16"><b>
      <p ALIGN="RIGHT"><font face="Arial" size="2">43.3</font></b></td>
    <td WIDTH="12%" VALIGN="TOP" HEIGHT="16"><p ALIGN="RIGHT"><font face="Arial" size="2">39.3</font></td>
    <td WIDTH="13%" VALIGN="TOP" HEIGHT="16">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      34.3</font></td>
    <td WIDTH="13%" VALIGN="TOP" HEIGHT="16">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      34.1</font></td>
    <td WIDTH="13%" VALIGN="TOP" HEIGHT="16">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      37.6</font></td>
  </tr>
  <tr>
    <td WIDTH="32%" VALIGN="TOP" HEIGHT="16">
      <p ALIGN="JUSTIFY"><font face="Arial" size="2">
      Operating earnings</font></td>
    <td WIDTH="4%" VALIGN="TOP" HEIGHT="16"><b>
      <p ALIGN="CENTER"><font face="Arial" size="2">
      $</font></b></td>
    <td WIDTH="12%" VALIGN="TOP" HEIGHT="16"><b>
      <p ALIGN="RIGHT"><font face="Arial" size="2">9.3</font></b></td>
    <td WIDTH="12%" VALIGN="TOP" HEIGHT="16">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      7.2</font></td>
    <td WIDTH="13%" VALIGN="TOP" HEIGHT="16">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      6.4</font></td>
    <td WIDTH="13%" VALIGN="TOP" HEIGHT="16">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      8.2</font></td>
    <td WIDTH="13%" VALIGN="TOP" HEIGHT="16">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      6.6</font></td>
  </tr>
  <tr>
    <td WIDTH="32%" VALIGN="TOP" HEIGHT="16">
      <p ALIGN="JUSTIFY"><font face="Arial" size="2">
      Operating margins</font></td>
    <td WIDTH="4%" VALIGN="TOP" HEIGHT="16"><b>
      <p ALIGN="CENTER"><font face="Arial" size="2">
      %</font></b></td>
    <td WIDTH="12%" VALIGN="TOP" HEIGHT="16"><b>
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      21.5</font></b></td>
    <td WIDTH="12%" VALIGN="TOP" HEIGHT="16">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      18.3</font></td>
    <td WIDTH="13%" VALIGN="TOP" HEIGHT="16">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      18.7</font></td>
    <td WIDTH="13%" VALIGN="TOP" HEIGHT="16">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      24.0</font></td>
    <td WIDTH="13%" VALIGN="TOP" HEIGHT="16">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      17.6</font></td>
  </tr>
  <tr>
    <td WIDTH="32%" VALIGN="TOP" HEIGHT="16" style="border-bottom-style: solid; border-bottom-width: 1">
      <p ALIGN="JUSTIFY"><font face="Arial" size="2">
      Backlog</font></td>
    <td WIDTH="4%" VALIGN="TOP" HEIGHT="16" style="border-bottom-style: solid; border-bottom-width: 1"><b>
      <p ALIGN="CENTER"><font face="Arial" size="2">
      $</font></b></td>
    <td WIDTH="12%" VALIGN="TOP" HEIGHT="16" style="border-bottom-style: solid; border-bottom-width: 1"><b>
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      677.0</font></b></td>
    <td WIDTH="12%" VALIGN="TOP" HEIGHT="16" style="border-bottom-style: solid; border-bottom-width: 1">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      685.5</font></td>
    <td WIDTH="13%" VALIGN="TOP" HEIGHT="16" style="border-bottom-style: solid; border-bottom-width: 1">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      694.8</font></td>
    <td WIDTH="13%" VALIGN="TOP" HEIGHT="16" style="border-bottom-style: solid; border-bottom-width: 1">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      676.3</font></td>
    <td WIDTH="13%" VALIGN="TOP" HEIGHT="16" style="border-bottom-style: solid; border-bottom-width: 1">
      <p ALIGN="RIGHT"><font face="Arial" size="2">
      684.0</font></td>
  </tr>
</table>

<p ALIGN="JUSTIFY">
  <font face="Arial" SIZE="2">
Revenue for the quarter at $43.3 million was 15% higher than
last year and year-to-date revenue at $116.9 million reflected a 37% improvement
over last year. These increases were attributable to the organic growth of the
naval controls business, the contribution from both the United Kingdom's
Astute submarine training project and the Royal Malaysian Navy patrol vessel
projects, combined with the year-over-year growth of CAE </font><font FACE="Times"><font FACE="Arial" SIZE="2">Valmarine.</p>
<p ALIGN="JUSTIFY">Operating earnings for the quarter of $9.3 million were 43%
ahead of last year, with year-to-date operating earnings of $22.9 million
representing a 49% increase outpacing the revenue growth. The margin improvement
comes from additional productivity gains across several programs and integration
benefits resulting in lower marketing and other overhead expenses.</p>
<p ALIGN="JUSTIFY">Backlog reached $677.0 million consistent with the prior
quarter.</font></p>
<hr>
<p ALIGN="JUSTIFY" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<p ALIGN="JUSTIFY" style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font FACE="Arial" SIZE="2" COLOR="#0000ff">Outlook</font></p>
<p ALIGN="JUSTIFY" style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font FACE="Arial" SIZE="2">In January 2003, CAE announced an
agreement with ALSTOM (Switzerland) Ltd. to develop CAE's seLearning&#153
interactive training technology for ALSTOM's training centre, as well as for
ALSTOM's Gas Turbine and Combined-cycle power plant customers worldwide. CAE's
simulation-based seLearning suite, using the training principles of
&quot;learning by doing&quot;, allows innovative training delivery by tapping
the power of a full-scope power plant simulator as the basis of a versatile
self-paced simulation training tool, accessible anywhere, anytime on a desktop,
over a local area network or via the Internet.</p>
<p ALIGN="JUSTIFY">The Marine backlog, which includes the United Kingdom Royal
Navy's Astute Class Submarine Training program, together with the achievements
outlined above, augur positively for this segment's future performance.</p>
<p ALIGN="JUSTIFY" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<hr>
</font>
</font>
<p ALIGN="right" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<table BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="625" height="900">
  <tr>
    <td VALIGN="MIDDLE" COLSPAN="9" BGCOLOR="#ffffff" HEIGHT="19"><b>
      <p style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><font color="#0000ff" face="Arial" size="3">Consolidated Balance Sheets</font></b></td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="32">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="15%" VALIGN="MIDDLE" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="32"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="right" style="word-spacing: 0; margin: 0">as at</p>
      <p ALIGN="right" style="word-spacing: 0; margin: 0">December 31</font></b></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="32">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="12%" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="32"><font FACE="Arial" SIZE="2">
      <p ALIGN="right" style="word-spacing: 0; margin: 0">as at</p>
      <p ALIGN="right" style="word-spacing: 0; margin: 0">March 31</font></td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19">&nbsp;</td>
    <td WIDTH="15%" VALIGN="MIDDLE" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19" align="right"><b><font face="Arial" size="2">2002</font></b></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right">
      &nbsp;
    </td>
    <td WIDTH="12%" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19" align="right"><font size="2" face="Arial">2002</font></td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="22"><font FACE="Arial" SIZE="2">
      <p>(amounts in millions)</font></td>
    <td WIDTH="15%" VALIGN="MIDDLE" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="22"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(unaudited)</font></b></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="22">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="12%" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="22"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(audited)</font></td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1"><b><font FACE="Arial" SIZE="2">Assets</font></b></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1">
      &nbsp;
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1">
      &nbsp;
    </td>
    <td WIDTH="9%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1">
      &nbsp;
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1">
      &nbsp;
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1">
      &nbsp;
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1">
      &nbsp;
    </td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Current assets</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="9%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td WIDTH="4%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="67%" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Cash</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p>$</font></b></td>
    <td WIDTH="60" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">68.9</font></b></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>$</font></td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">88.8</font></td>
  </tr>
  <tr>
    <td WIDTH="4%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="67%" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Short-term investments</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">8.3</font></b></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">21.3</font></td>
  </tr>
  <tr>
    <td WIDTH="4%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="67%" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Accounts receivable</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">397.3</font></b></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">378.2</font></td>
  </tr>
  <tr>
    <td WIDTH="4%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="67%" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Inventories</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">158.4</font></b></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">130.9</font></td>
  </tr>
  <tr>
    <td WIDTH="4%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="67%" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Prepaid expenses</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">11.2</font></b></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">9.9</font></td>
  </tr>
  <tr>
    <td WIDTH="4%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="67%" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Income taxes recoverable</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">6.5</font></b></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">15.8</font></td>
  </tr>
  <tr>
    <td WIDTH="4%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="67%" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1"><font face="Arial" size="2">Future
      income taxes</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="62" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right" style="border-bottom-style: solid; border-bottom-width: 1"><b><font face="Arial" size="2">&nbsp;28.6</font></b></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right" style="border-bottom-style: solid; border-bottom-width: 1"><font size="2" face="Arial">28.9</font></td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19">
      <p></p>
    </td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">679.2</font></b></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">673.8</font></td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Assets of discontinued operations (note 3)</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">64.9</font></b></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">123.8</font></td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Property, plant and equipment, net</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">968.0</font></b></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">838.5</font></td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Future income taxes</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">73.3</font></b></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">74.1</font></td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="3" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Intangible assets</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">180.5</font></b></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">163.4</font></td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="3" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Goodwill</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">390.5</font></b></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">375.5</font></td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Other assets</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">158.8</font></b></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">129.3</font></td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial"><b>$</b></font></td>
    <td WIDTH="62" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font face="Arial" size="2"><b>&nbsp;2,515.2</b></font></td>
    <td WIDTH="12" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial">$</font></td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font face="Arial" size="2">2,378.4</font></td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="9%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p>Liabilities and shareholders' equity</font></b></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="9%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Current liabilities</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="9%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td WIDTH="4%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="67%" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Accounts payable and accrued liabilities</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p>$</font></b></td>
    <td WIDTH="60" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">372.5</font></b></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>$</font></td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">420.5</font></td>
  </tr>
  <tr>
    <td WIDTH="4%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="67%" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Deposits on contracts</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">112.9</font></b></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">189.1</font></td>
  </tr>
  <tr>
    <td WIDTH="4%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="67%" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Long-term debt due within one year</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">13.8</font></b></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">37.5</font></td>
  </tr>
  <tr>
    <td WIDTH="4%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="67%" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1"><font face="Arial" size="2">Future
      income taxes</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="62" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right" style="border-bottom-style: solid; border-bottom-width: 1"><font face="Arial" size="2"><b>50.1</b></font></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right" style="border-bottom-style: solid; border-bottom-width: 1"><font size="2" face="Arial">50.4</font></td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">549.3</font></b></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">697.5</font></td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Liabilities of discontinued operations (note 3)</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">23.1</font></b></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">40.5</font></td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Long-term debt</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">976.4</font></b></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">889.0</font></td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Long-term liabilities</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">118.0</font></b></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">73.7</font></td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1"><font FACE="Arial" SIZE="2">
      Future income taxes</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="62" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right" style="border-bottom-style: solid; border-bottom-width: 1"><b><font FACE="Arial" SIZE="2">91.3</font></b></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right" style="border-bottom-style: solid; border-bottom-width: 1"><font FACE="Arial" SIZE="2">65.6</font></td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19" bordercolor="#000000"><p>&nbsp;</td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" bordercolor="#000000">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" bordercolor="#000000">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="9%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" bordercolor="#000000">
      <p ALIGN="RIGHT"><b><font face="Arial" size="2">1,758.1</font></b></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" bordercolor="#000000">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" bordercolor="#000000">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" bordercolor="#000000">
      <p ALIGN="RIGHT"><font face="Arial" size="2">1,766.3</font></td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1"><b><font FACE="Arial" SIZE="2">Shareholders' equity</font></b></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1">
      &nbsp;
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1">
      &nbsp;
    </td>
    <td WIDTH="9%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1">
      &nbsp;
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1">
      &nbsp;
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1">
      &nbsp;
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1">
      &nbsp;
    </td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="18"><font FACE="Arial" SIZE="2">
      <p>Capital stock</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="9%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td WIDTH="4%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="67%" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Issued</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="9%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td WIDTH="4%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="64%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>(219,626,620 Common shares</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="9%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td WIDTH="4%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="64%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>March 31, 2002 - 218,955,780 )</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">190.4</font></b></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">186.8</font></td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Retained earnings</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">512.7</font></b></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">440.4</font></td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 2"><font size="2" face="Arial">Currency
      Translation adjustment</font></td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="62" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right" style="border-bottom-style: solid; border-bottom-width: 2"><font face="Arial" size="2"><b>54.0</b></font></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right" style="border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right" style="border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right" style="border-bottom-style: solid; border-bottom-width: 2"><font face="Arial" size="2">(15.1)</font></td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1">&nbsp;</td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="62" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right" style="border-bottom-style: solid; border-bottom-width: 1"><font face="Arial" size="2"><b>757.1</b></font></td>
    <td WIDTH="12" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right" style="border-bottom-style: solid; border-bottom-width: 1"><font face="Arial" size="2">612.1</font></td>
  </tr>
  <tr>
    <td WIDTH="71%" VALIGN="MIDDLE" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 2">&nbsp;</td>
    <td WIDTH="3%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 2">
      <b><font face="Arial" size="2">$</font></b>
    </td>
    <td WIDTH="9%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right" style="border-bottom-style: solid; border-bottom-width: 2"><font face="Arial" size="2"><b>2,515.2</b></font></td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right" style="border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="2%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right" style="border-bottom-style: solid; border-bottom-width: 2">
      <font face="Arial" size="2">$</font>
    </td>
    <td WIDTH="10%" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right" style="border-bottom-style: solid; border-bottom-width: 2"><font face="Arial" size="2">2,378.4</font></td>
  </tr>
</table>
<p align="right" style="margin-top: 1">&nbsp;</p>
<font FACE="Times">
<hr>
<p align="right" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
</font>
<table BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="625" height="900">
  <tr>
    <td VALIGN="MIDDLE" COLSPAN="15" BGCOLOR="#ffffff" HEIGHT="19" width="710"><b><font FACE="Arial" COLOR="#0000ff">
      <p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">Consolidated Statements of Earnings</font></b></td>
  </tr>
  <tr>
    <td WIDTH="326" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="180" VALIGN="MIDDLE" COLSPAN="6" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">three months ended</font></b></td>
    <td WIDTH="188" VALIGN="MIDDLE" COLSPAN="7" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">nine months ended</font></b></td>
  </tr>
  <tr>
    <td WIDTH="326" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="180" VALIGN="MIDDLE" COLSPAN="6" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">December 31</font></b></td>
    <td WIDTH="188" VALIGN="MIDDLE" COLSPAN="7" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">December 31</font></b></td>
  </tr>
  <tr>
    <td WIDTH="326" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="180" VALIGN="MIDDLE" COLSPAN="6" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">(unaudited)</font></b></td>
    <td WIDTH="188" VALIGN="MIDDLE" COLSPAN="7" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">(unaudited)</font></b></td>
  </tr>
  <tr>
    <td WIDTH="326" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1"><font FACE="Arial" SIZE="2">(amounts in millions, except per share amounts)</font></td>
    <td WIDTH="2" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="61" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><b><font FACE="Arial" SIZE="2">2002</font></b></td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="8" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="53" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1">
      <p align="right"><font face="Arial" size="2">2001</font></td>
    <td WIDTH="6" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="51" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><b><font FACE="Arial" SIZE="2">2002</font></b></td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="12" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="63" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1">
      <p align="right"><font face="Arial" size="2">2001</font></td>
  </tr>
  <tr>
    <td WIDTH="326" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Revenue</font></td>
    <td WIDTH="2" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="61" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="8" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="53" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="6" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="51" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="12" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="63" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td WIDTH="21" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="297" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Civil Simulation and Training</font></td>
    <td WIDTH="2" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="61" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">139.6</font></b></td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="8" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="53" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">133.2</font></td>
    <td WIDTH="6" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="51" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">379.5</font></b></td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="12" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="63" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">380.2</font></td>
  </tr>
  <tr>
    <td WIDTH="21" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="297" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Military Simulation and Training</font></td>
    <td WIDTH="2" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="61" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">107.4</font></b></td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="8" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="53" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">109.1</font></td>
    <td WIDTH="6" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="51" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">321.9</font></b></td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="12" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="63" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">311.5</font></td>
  </tr>
  <tr>
    <td WIDTH="21" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      &nbsp;
    </td>
    <td WIDTH="297" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Marine Controls</font></td>
    <td WIDTH="2" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="61" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">43.3</font></b></td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="8" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="53" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">37.6</font></td>
    <td WIDTH="6" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="51" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">116.9</font></b></td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="12" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="63" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">85.5</font></td>
  </tr>
  <tr>
    <td WIDTH="21" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="297" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">&nbsp;</td>
    <td WIDTH="2" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" align="right">
      <b><font FACE="Arial" SIZE="2">$</font></b>
    </td>
    <td WIDTH="61" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" align="right">
      <p align="right">&nbsp;<b><font FACE="Arial" SIZE="2">
      290.3</font></b></td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="8" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" align="right">
      <font FACE="Arial" SIZE="2">$</font>
    </td>
    <td WIDTH="53" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" align="right"><font FACE="Arial" SIZE="2">279.9</font></td>
    <td WIDTH="6" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" align="right">
      <b><font FACE="Arial" SIZE="2">$</font></b>
    </td>
    <td WIDTH="51" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" align="right"><b><font FACE="Arial" SIZE="2">818.3</font></b></td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="12" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" align="right">
      <font FACE="Arial" SIZE="2">$</font>
    </td>
    <td WIDTH="63" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" align="right"><font FACE="Arial" SIZE="2">777.2</font></td>
  </tr>
  <tr>
    <td WIDTH="326" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Operating earnings</font></td>
    <td WIDTH="2" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="61" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="8" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="53" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="6" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="51" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="12" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="63" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td WIDTH="21" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="297" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Civil Simulation and Training</font></td>
    <td WIDTH="2" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="61" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">29.2</font></b></td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="8" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>$</font></td>
    <td WIDTH="53" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">40.7</font></td>
    <td WIDTH="6" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="51" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">86.7</font></b></td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="12" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="63" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">109.4</font></td>
  </tr>
  <tr>
    <td WIDTH="21" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="297" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Military Simulation and Training</font></td>
    <td WIDTH="2" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="61" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">16.7</font></b></td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="8" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="53" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">16.5</font></td>
    <td WIDTH="6" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="51" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">51.5</font></b></td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="12" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="63" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">45.1</font></td>
  </tr>
  <tr>
    <td WIDTH="21" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      &nbsp;
    </td>
    <td WIDTH="297" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">Marine Controls</font></td>
    <td WIDTH="2" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      &nbsp;
    </td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      &nbsp;
    </td>
    <td WIDTH="61" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right"><b>
      <p ALIGN="RIGHT"><font face="Arial" SIZE="2">9.3</font></b></td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="8" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right">
      &nbsp;
    </td>
    <td WIDTH="53" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right"><font face="Arial" SIZE="2">6.6</font></td>
    <td WIDTH="6" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right">
      &nbsp;
    </td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right">
      &nbsp;
    </td>
    <td WIDTH="51" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right">
      <p align="right"><font face="Arial" size="2"><b>22.9</b></font></p>
    </td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right">
      &nbsp;
    </td>
    <td WIDTH="12" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19" align="right">
      &nbsp;
    </td>
    <td WIDTH="63" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right"><font size="2" face="Arial">15.4</font></td>
  </tr>
  <tr>
    <td WIDTH="326" VALIGN="middle" COLSPAN="2" BGCOLOR="#FFFFFF" height="1" style="border-top-style: solid; border-top-width: 1"><font FACE="Arial" SIZE="2">Earnings from continuing operations
      before interest and taxes
      </font></td>
    <td WIDTH="2" VALIGN="middle" BGCOLOR="#FFFFFF" height="1" style="border-top-style: solid; border-top-width: 1">
      &nbsp;
    </td>
    <td WIDTH="9" VALIGN="middle" BGCOLOR="#FFFFFF" height="1" style="border-top-style: solid; border-top-width: 1">
      &nbsp;
    </td>
    <td WIDTH="61" VALIGN="middle" BGCOLOR="#FFFFFF" height="1" align="right" style="border-top-style: solid; border-top-width: 1"><font face="Arial" size="2"><b>55.2</b></font></td>
    <td WIDTH="7" VALIGN="middle" BGCOLOR="#FFFFFF" height="1" align="right" style="border-top-style: solid; border-top-width: 1">
      &nbsp;
    </td>
    <td WIDTH="8" VALIGN="middle" BGCOLOR="#FFFFFF" height="1" align="right" style="border-top-style: solid; border-top-width: 1">
      &nbsp;
    </td>
    <td WIDTH="53" VALIGN="middle" BGCOLOR="#FFFFFF" height="1" align="right" style="border-top-style: solid; border-top-width: 1"><font face="Arial" size="2">63.8</font></td>
    <td WIDTH="6" VALIGN="middle" BGCOLOR="#FFFFFF" height="1" align="right" style="border-top-style: solid; border-top-width: 1">
      &nbsp;
    </td>
    <td WIDTH="7" VALIGN="middle" BGCOLOR="#FFFFFF" height="1" align="right" style="border-top-style: solid; border-top-width: 1">
      &nbsp;
    </td>
    <td WIDTH="51" VALIGN="middle" BGCOLOR="#FFFFFF" height="1" align="right" style="border-top-style: solid; border-top-width: 1"><font face="Arial" size="2"><b>161.1</b></font></td>
    <td WIDTH="9" VALIGN="middle" BGCOLOR="#FFFFFF" height="1" align="right" style="border-top-style: solid; border-top-width: 1">
      &nbsp;
    </td>
    <td WIDTH="12" VALIGN="middle" COLSPAN="2" BGCOLOR="#FFFFFF" height="1" align="right" style="border-top-style: solid; border-top-width: 1">
      &nbsp;
    </td>
    <td WIDTH="63" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="1" align="right" style="border-top-style: solid; border-top-width: 1"><font size="2" face="Arial">169.9</font></td>
  </tr>
  <tr>
    <td WIDTH="326" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1"><font FACE="Arial" SIZE="2">
      Interest expense, net</font></td>
    <td WIDTH="2" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="61" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font face="Arial" size="2"><b>9.0</b></font></td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="8" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="53" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font face="Arial" size="2">5.2</font></td>
    <td WIDTH="6" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="51" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font face="Arial" size="2"><b>25.8</b></font></td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="12" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="63" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font size="2" face="Arial">12.3</font></td>
  </tr>
  <tr>
    <td WIDTH="326" VALIGN="middle" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p style="word-spacing: 0; margin: 0">Earnings from continuing operations
       before income taxes</p>

      </blockquote>
      </font></td>
    <td WIDTH="2" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19">
      <p style="word-spacing: 0; margin: 0">&nbsp;</p>
    </td>
    <td WIDTH="9" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19">
      <p style="word-spacing: 0; margin: 0">&nbsp;</p>
    </td>
    <td WIDTH="61" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" align="right"><font size="2" face="Arial"><b>46.2</b></font></td>
    <td WIDTH="7" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" align="right">
      &nbsp;
    </td>
    <td WIDTH="8" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" align="right">
      &nbsp;
    </td>
    <td WIDTH="53" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" align="right"><font size="2" face="Arial">58.6</font></td>
    <td WIDTH="6" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" align="right">
      &nbsp;
    </td>
    <td WIDTH="7" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" align="right">
      &nbsp;
    </td>
    <td WIDTH="51" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" align="right"><font size="2" face="Arial"><b>135.3</b></font></td>
    <td WIDTH="9" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" align="right">
      &nbsp;
    </td>
    <td WIDTH="12" VALIGN="middle" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19" align="right">
      &nbsp;
    </td>
    <td WIDTH="63" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" align="right"><font size="2" face="Arial">157.6</font></td>
  </tr>
  <tr>
    <td WIDTH="326" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Income taxes</font></td>
    <td WIDTH="2" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="61" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">14.7</font></b></td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="8" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="53" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">18.7</font></td>
    <td WIDTH="6" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="51" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">43.3</font></b></td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="12" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="63" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">50.4</font></td>
  </tr>
  <tr>
    <td WIDTH="326" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1"><font FACE="Arial" SIZE="2">
      Earnings from continuing operations</font></td>
    <td WIDTH="2" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1">
      &nbsp;
    </td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right"><b><font size="2" face="Arial">$</font></b></td>
    <td WIDTH="61" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right"><font size="2" face="Arial"><b>31.5</b></font></td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="8" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right"><font size="2" face="Arial">$</font></td>
    <td WIDTH="53" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right"><font size="2" face="Arial">39.9</font></td>
    <td WIDTH="6" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right"><b><font size="2" face="Arial">$</font></b></td>
    <td WIDTH="51" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right"><font size="2" face="Arial"><b>92.0</b></font></td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="12" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right"><font size="2" face="Arial">$</font></td>
    <td WIDTH="63" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right"><font size="2" face="Arial">107.2</font></td>
  </tr>
  <tr>
    <td WIDTH="326" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Results of discontinued operations</font></td>
    <td WIDTH="2" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="61" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></b></td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="8" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="53" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">0.3</font></td>
    <td WIDTH="6" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="51" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></b></td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="12" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="63" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">5.0</font></td>
  </tr>
  <tr>
    <td WIDTH="326" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2"><font FACE="Arial" SIZE="2">Net earnings</font></td>
    <td WIDTH="2" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font FACE="Arial" SIZE="2">$</font></b></td>
    <td WIDTH="61" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font face="Arial" size="2"><b>31.5</b></font></td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="8" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font face="Arial" SIZE="2">$</font></td>
    <td WIDTH="53" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font face="Arial" size="2">40.2</font></td>
    <td WIDTH="6" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font face="Arial" SIZE="2">$</font></b></td>
    <td WIDTH="51" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font face="Arial" size="2"><b>92.0</b></font></td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="12" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font face="Arial" SIZE="2">$</font></td>
    <td WIDTH="63" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial">112.2</font></td>
  </tr>
  <tr>
    <td WIDTH="326" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">Earnings and diluted earnings per
      share from continuing operations
      </font></td>
    <td WIDTH="2" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      &nbsp;
    </td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right"><b><font FACE="Arial" SIZE="2">$</font></b></td>
    <td WIDTH="61" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right"><font face="Arial" size="2"><b>0.14</b></font></td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right">
      &nbsp;
    </td>
    <td WIDTH="8" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right"><font face="Arial" SIZE="2">$</font></td>
    <td WIDTH="53" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right"><font face="Arial" size="2">0.18</font></td>
    <td WIDTH="6" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right">
      &nbsp;
    </td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right"><b><font face="Arial" SIZE="2">$</font></b></td>
    <td WIDTH="51" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right"><font face="Arial" size="2"><b>0.42</b></font></td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right">
      &nbsp;
    </td>
    <td WIDTH="12" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19" align="right"><font face="Arial" SIZE="2">$</font></td>
    <td WIDTH="63" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" align="right"><font size="2" face="Arial">0.49</font></td>
  </tr>
  <tr>
    <td WIDTH="326" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2"><font FACE="Arial" SIZE="2">Net earnings and diluted net earnings per share</font></td>
    <td WIDTH="2" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font FACE="Arial" SIZE="2">$</font></b></td>
    <td WIDTH="61" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right"><font face="Arial" size="2"><b>0.14</b></font></td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="8" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right"><font face="Arial" SIZE="2">$</font></td>
    <td WIDTH="53" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right"><font face="Arial" size="2">0.19</font></td>
    <td WIDTH="6" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font face="Arial" SIZE="2">$</font></b></td>
    <td WIDTH="51" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right"><font face="Arial" size="2"><b>0.42</b></font></td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="12" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right"><font face="Arial" SIZE="2">$</font></td>
    <td WIDTH="63" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial">0.52</font></td>
  </tr>
  <tr>
    <td WIDTH="326" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 2"><font FACE="Arial" SIZE="2">Average number of shares outstanding</font></td>
    <td WIDTH="2" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 2" align="right">&nbsp;</td>
    <td WIDTH="61" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 2" align="right"><font face="Arial" size="2"><b>219.4</b></font></td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="8" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 2" align="right">&nbsp;</td>
    <td WIDTH="53" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 2" align="right"><font face="Arial" size="2">217.6</font></td>
    <td WIDTH="6" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 2" align="right">&nbsp;</td>
    <td WIDTH="51" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 2" align="right"><font face="Arial" size="2"><b>219.4</b></font></td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="12" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 2" align="right">&nbsp;</td>
    <td WIDTH="63" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial">217.6</font></td>
  </tr>
  <tr>
    <td VALIGN="MIDDLE" COLSPAN="15" BGCOLOR="#ffffff" HEIGHT="19" width="710">
      <p>&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td VALIGN="MIDDLE" COLSPAN="15" BGCOLOR="#ffffff" HEIGHT="19" width="710">
      <p>&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td VALIGN="MIDDLE" COLSPAN="15" BGCOLOR="#ffffff" HEIGHT="19" width="710"><b><font FACE="Arial" COLOR="#0000ff">
      <p>Consolidated Statements of Retained Earnings</font></b></td>
  </tr>
  <tr>
    <td WIDTH="326" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="180" VALIGN="MIDDLE" COLSPAN="6" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">three months ended</font></b></td>
    <td WIDTH="188" VALIGN="MIDDLE" COLSPAN="7" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">nine months ended</font></b></td>
  </tr>
  <tr>
    <td WIDTH="326" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="180" VALIGN="MIDDLE" COLSPAN="6" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">December 31</font></b></td>
    <td WIDTH="188" VALIGN="MIDDLE" COLSPAN="7" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">December 31</font></b></td>
  </tr>
  <tr>
    <td WIDTH="326" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="180" VALIGN="MIDDLE" COLSPAN="6" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">(unaudited)</font></b></td>
    <td WIDTH="188" VALIGN="MIDDLE" COLSPAN="7" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">(unaudited)</font></b></td>
  </tr>
  <tr>
    <td WIDTH="326" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1"><font FACE="Arial" SIZE="2">
      (amounts in millions)</font></td>
    <td WIDTH="2" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="61" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><b><font FACE="Arial" SIZE="2">2002</font></b></td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="8" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="53" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font FACE="Arial" SIZE="2">2001</font></td>
    <td WIDTH="6" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="51" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><b><font FACE="Arial" SIZE="2">2002</font></b></td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="12" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="63" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font FACE="Arial" SIZE="2">2001</font></td>
  </tr>
  <tr>
    <td WIDTH="326" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Retained earnings at beginning of period</font></td>
    <td WIDTH="2" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="61" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">487.9</font></b></td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="8" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="53" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">381.3</font></td>
    <td WIDTH="6" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="51" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">446.8</font></b></td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="12" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="63" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">321.2</font></td>
  </tr>
  <tr>
    <td WIDTH="326" VALIGN="bottom" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p style="text-indent: 0; word-spacing: 0; margin: 0">Adjustments for changes in
      accounting policies (note 1)</p>
      </blockquote>
      </font></td>
    <td WIDTH="2" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p style="text-indent: 0; word-spacing: 0; margin: 0">&nbsp;</p>
    </td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p style="text-indent: 0; word-spacing: 0; margin: 0">&nbsp;</p>
    </td>
    <td WIDTH="61" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT" style="text-indent: 0; word-spacing: 0; margin: 0">-</font></b></td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p style="text-indent: 0; word-spacing: 0; margin: 0">&nbsp;</p>
    </td>
    <td WIDTH="8" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p style="text-indent: 0; word-spacing: 0; margin: 0">&nbsp;</p>
    </td>
    <td WIDTH="53" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT" style="text-indent: 0; word-spacing: 0; margin: 0">(5.3)</font></td>
    <td WIDTH="6" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p style="text-indent: 0; word-spacing: 0; margin: 0">&nbsp;</p>
    </td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p style="text-indent: 0; word-spacing: 0; margin: 0">&nbsp;</p>
    </td>
    <td WIDTH="51" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT" style="text-indent: 0; word-spacing: 0; margin: 0">(6.4)</font></b></td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p style="text-indent: 0; word-spacing: 0; margin: 0">&nbsp;</p>
    </td>
    <td WIDTH="12" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p style="text-indent: 0; word-spacing: 0; margin: 0">&nbsp;</p>
    </td>
    <td WIDTH="63" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(5.3)</font></td>
  </tr>
  <tr>
    <td WIDTH="326" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Net earnings</font></td>
    <td WIDTH="2" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="61" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">31.5</font></b></td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="8" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="53" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">40.2</font></td>
    <td WIDTH="6" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="51" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">92.0</font></b></td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="12" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="63" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">112.2</font></td>
  </tr>
  <tr>
    <td WIDTH="326" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Dividends</font></td>
    <td WIDTH="2" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="61" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(6.7)</font></b></td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="8" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="53" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(6.5)</font></td>
    <td WIDTH="6" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="51" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(19.7)</font></b></td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="12" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="63" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(18.4)</font></td>
  </tr>
  <tr>
    <td WIDTH="326" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2"><font FACE="Arial" SIZE="2">Retained earnings at end of period</font></td>
    <td WIDTH="2" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2"><b><font FACE="Arial" SIZE="2">$</font></b></td>
    <td WIDTH="61" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font FACE="Arial" SIZE="2">512.7</font></b></td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="8" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font FACE="Arial" SIZE="2">$</font></td>
    <td WIDTH="53" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font FACE="Arial" SIZE="2">409.7</font></td>
    <td WIDTH="6" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="7" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font FACE="Arial" SIZE="2">$</font></b></td>
    <td WIDTH="51" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font FACE="Arial" SIZE="2">512.7</font></b></td>
    <td WIDTH="9" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="12" VALIGN="MIDDLE" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font FACE="Arial" SIZE="2">$</font></td>
    <td WIDTH="63" VALIGN="MIDDLE" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font face="Arial" size="2">&nbsp;409.7</font></td>
  </tr>
</table>
<p align="right" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<hr>
<p align="right" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<table BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="625" height="897">
  <tr>
    <td VALIGN="BOTTOM" COLSPAN="15" BGCOLOR="#ffffff" HEIGHT="19" width="710"><b><font FACE="Arial" COLOR="#0000ff">
      <p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">Consolidated Statements of Cash Flow</font></b></td>
  </tr>
  <tr>
    <td WIDTH="322" VALIGN="BOTTOM" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="187" VALIGN="BOTTOM" COLSPAN="6" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">three months ended</font></b></td>
    <td WIDTH="185" VALIGN="BOTTOM" COLSPAN="6" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">nine months ended</font></b></td>
  </tr>
  <tr>
    <td WIDTH="322" VALIGN="BOTTOM" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="187" VALIGN="BOTTOM" COLSPAN="6" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">December 31</font></b></td>
    <td WIDTH="185" VALIGN="BOTTOM" COLSPAN="6" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">December 31</font></b></td>
  </tr>
  <tr>
    <td WIDTH="322" VALIGN="BOTTOM" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="187" VALIGN="BOTTOM" COLSPAN="6" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">(unaudited)</font></b></td>
    <td WIDTH="185" VALIGN="BOTTOM" COLSPAN="6" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">(unaudited)</font></b></td>
  </tr>
  <tr>
    <td WIDTH="322" VALIGN="BOTTOM" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1"><font FACE="Arial" SIZE="2">(amounts in millions)</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><b><font FACE="Arial" SIZE="2">2002</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font FACE="Arial" SIZE="2">2001</font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><b><font FACE="Arial" SIZE="2">2002</font></b></td>
    <td WIDTH="5" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font FACE="Arial" SIZE="2">2001</font></td>
  </tr>
  <tr>
    <td WIDTH="322" VALIGN="BOTTOM" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p>Operating activities</font></b></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="5" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="293" VALIGN="BOTTOM" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="24"><font FACE="Arial" SIZE="2">
      <p>Earnings from continuing operations</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">31.5</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">39.9</font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">92.0</font></b></td>
    <td WIDTH="5" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">107.2</font></td>
  </tr>
  <tr>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="293" VALIGN="top" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p style="word-spacing: 0; margin: 0">Adjustments to reconcile earnings to
      cash flow from operating activities:</p>
      </font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="5" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="264" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Amortization</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">17.5</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">10.1</font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">50.6</font></b></td>
    <td WIDTH="5" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">23.6</font></td>
  </tr>
  <tr>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="264" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Future income taxes</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p ALIGN="RIGHT"><b><font face="Arial" size="2">4.5</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">2.1</font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p ALIGN="RIGHT"><b><font face="Arial" size="2">9.9</font></b></td>
    <td WIDTH="5" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">13.8</font></td>
  </tr>
  <tr>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="264" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Investment tax credit</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(6.8)</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(4.8)</font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(14.6)</font></b></td>
    <td WIDTH="5" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(14.3)</font></td>
  </tr>
  <tr>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="264" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Other</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(2.9)</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">5.1</font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(9.8)</font></b></td>
    <td WIDTH="5" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">0.6</font></td>
  </tr>
  <tr>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="264" VALIGN="top" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p style="word-spacing: 0; margin: 0">Increase in non-cash
      working capital (note 4)</p>

      </font></td>
    <td WIDTH="9" VALIGN="top" BGCOLOR="#ffffff" HEIGHT="19">
      <p style="word-spacing: 0; margin: 0">&nbsp;</p>
    </td>
    <td WIDTH="24" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19">
      <p style="word-spacing: 0; margin: 0">&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19">
      <p ALIGN="RIGHT" style="word-spacing: 0; margin: 0"><b><font face="Arial" size="2">(27.5)</font></b></td>
    <td WIDTH="7" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19">
      <p style="word-spacing: 0; margin: 0">&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19">
      <p style="word-spacing: 0; margin: 0">&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT" style="word-spacing: 0; margin: 0">(20.8)</font></td>
    <td WIDTH="6" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19">
      <p style="word-spacing: 0; margin: 0">&nbsp;</p>
    </td>
    <td WIDTH="18" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19">
      <p style="word-spacing: 0; margin: 0">&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT" style="word-spacing: 0; margin: 0">(105.9)</font></b></td>
    <td WIDTH="5" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19">
      <p style="word-spacing: 0; margin: 0">&nbsp;</p>
    </td>
    <td WIDTH="22" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19">
      <p style="word-spacing: 0; margin: 0">&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT" style="word-spacing: 0; margin: 0">(106.8)</font></td>
  </tr>
  <tr>
    <td WIDTH="322" VALIGN="top" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="14" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1"><b><font FACE="Arial" SIZE="2">Net cash provided by (used in)
      continuing operating activities
      </font></b></td>
    <td WIDTH="9" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="14 >
      <p style=" 0; margin: 0" word-spacing: style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">&nbsp;
    </td>
    <td WIDTH="24" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="14" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="46" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="14" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" align="right"><b><font FACE="Arial" SIZE="2">16.3</font></b></td>
    <td WIDTH="7" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="14" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="19" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="14" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="42" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="14" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" align="right"><font FACE="Arial" SIZE="2">31.6</font></td>
    <td WIDTH="6" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="14" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="18" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="14" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="46" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="14" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" align="right">&nbsp;<b><font FACE="Arial" SIZE="2">22.2</font></b></td>
    <td WIDTH="5" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="14" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="22" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="14" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="48" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="14" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" align="right"><font FACE="Arial" SIZE="2">24.1</font></td>
  </tr>
  <tr>
    <td WIDTH="322" VALIGN="BOTTOM" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p>Investing activities</font></b></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="5" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="16">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="293" VALIGN="BOTTOM" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="16"><font FACE="Arial" SIZE="2">
      <p>Purchase of businesses (note 2)</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="16">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="16">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="16"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="16">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="16">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="16"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(334.1)</font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="16">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="16">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="16"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></b></td>
    <td WIDTH="5" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="16">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="16">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="16"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(752.7)</font></td>
  </tr>
  <tr>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="293" VALIGN="BOTTOM" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Proceeds from disposition of businesses</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p ALIGN="RIGHT"><b><font face="Arial" size="2">-</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">25.0</font></b></td>
    <td WIDTH="5" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">10.4</font></td>
  </tr>
  <tr>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="293" VALIGN="BOTTOM" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Short-term investments</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(0.3)</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">13.1</font></b></td>
    <td WIDTH="5" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">122.8</font></td>
  </tr>
  <tr>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="293" VALIGN="BOTTOM" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Capital expenditures</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(52.0)</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(78.5)</font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(182.9)</font></b></td>
    <td WIDTH="5" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(187.0)</font></td>
  </tr>
  <tr>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="293" VALIGN="BOTTOM" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Proceeds from sale and leaseback of assets</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p ALIGN="RIGHT"><b><font face="Arial" size="2">-</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p ALIGN="RIGHT"><font face="Arial" size="2">-</font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">92.2</font></b></td>
    <td WIDTH="5" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">42.6</font></td>
  </tr>
  <tr>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="293" VALIGN="BOTTOM" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Development costs</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(6.9)</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(7.8)</font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(15.5)</font></b></td>
    <td WIDTH="5" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(26.1)</font></td>
  </tr>
  <tr>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="293" VALIGN="BOTTOM" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Deferred pre-operating costs</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(2.1)</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(7.9)</font></b></td>
    <td WIDTH="5" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></td>
  </tr>
  <tr>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="293" VALIGN="BOTTOM" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Other assets</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(1.7)</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(1.1)</font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(15.3)</font></b></td>
    <td WIDTH="5" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(10.1)</font></td>
  </tr>
  <tr>
    <td WIDTH="322" VALIGN="top" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1"><b><font FACE="Arial" SIZE="2">Net cash provided by (used in)
      continuing investing activities
      </font></b></td>
    <td WIDTH="9" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="24" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="46" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" align="right"><b><font FACE="Arial" SIZE="2">(63.0)</font></b></td>
    <td WIDTH="7" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="19" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="42" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" align="right">&nbsp;<font FACE="Arial" SIZE="2">(421.5)</font></td>
    <td WIDTH="6" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="18" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="46" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
      <p align="right">&nbsp;<b><font FACE="Arial" SIZE="2">(91.3)</font></b></td>
    <td WIDTH="5" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="22" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="48" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
      <p align="right"><font face="Arial" size="2">&nbsp;(800.1)</font></td>
  </tr>
  <tr>
    <td WIDTH="322" VALIGN="BOTTOM" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p>Financing activities</font></b></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="5" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="293" VALIGN="BOTTOM" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Proceeds of long-term debt</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">99.1</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">331.1</font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">250.4</font></b></td>
    <td WIDTH="5" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">684.2</font></td>
  </tr>
  <tr>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="293" VALIGN="BOTTOM" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Repayments of long-term debt</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(30.3)</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(178.6)</font></b></td>
    <td WIDTH="5" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></td>
  </tr>
  <tr>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="293" VALIGN="BOTTOM" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Dividends paid</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(6.5)</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(6.5)</font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(19.6)</font></b></td>
    <td WIDTH="5" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(18.4)</font></td>
  </tr>
  <tr>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="293" VALIGN="BOTTOM" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Common stock issuance</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">0.4</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">1.6</font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">3.8</font></b></td>
    <td WIDTH="5" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">3.4</font></td>
  </tr>
  <tr>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="293" VALIGN="BOTTOM" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p>Other</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(4.6)</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(0.9)</font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(9.5)</font></b></td>
    <td WIDTH="5" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(2.4)</font></td>
  </tr>
  <tr>
    <td WIDTH="322" VALIGN="top" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1"><b><font FACE="Arial" SIZE="2">Net cash provided
      by (used in)
      continuing financing activities</font></b></td>
    <td WIDTH="9" VALIGN="top" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1">
      &nbsp;
    </td>
    <td WIDTH="24" VALIGN="top" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1">
      &nbsp;
    </td>
    <td WIDTH="46" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right"><b><font FACE="Arial" SIZE="2">58.1</font></b></td>
    <td WIDTH="7" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="19" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="42" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right"><font FACE="Arial" SIZE="2">325.3</font></td>
    <td WIDTH="6" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="18" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="46" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right"><b><font FACE="Arial" SIZE="2">46.5</font></b></td>
    <td WIDTH="5" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="22" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="48" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right"><font face="Arial" size="2">&nbsp;666.8</font></td>
  </tr>
  <tr>
    <td WIDTH="322" VALIGN="top" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p style="word-spacing: 0; margin: 0">Net cash provided by (used in)
      discontinued activities (note 3)</p>

      </blockquote>
      </font></b></td>
    <td WIDTH="9" VALIGN="top" BGCOLOR="#ffffff" HEIGHT="19">
      <p style="word-spacing: 0; margin: 0">&nbsp;</p>
    </td>
    <td WIDTH="24" VALIGN="top" BGCOLOR="#ffffff" HEIGHT="19">
      <p style="word-spacing: 0; margin: 0">&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT" style="word-spacing: 0; margin: 0">5.2</font></b></td>
    <td WIDTH="7" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19">
      <p style="word-spacing: 0; margin: 0">&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19">
      <p style="word-spacing: 0; margin: 0">&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT" style="word-spacing: 0; margin: 0">(1.6)</font></td>
    <td WIDTH="6" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19">
      <p style="word-spacing: 0; margin: 0">&nbsp;</p>
    </td>
    <td WIDTH="18" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19">
      <p style="word-spacing: 0; margin: 0">&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT" style="word-spacing: 0; margin: 0">7.8</font></b></td>
    <td WIDTH="5" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19">
      <p style="word-spacing: 0; margin: 0">&nbsp;</p>
    </td>
    <td WIDTH="22" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19">
      <p style="word-spacing: 0; margin: 0">&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT" style="word-spacing: 0; margin: 0">9.5</font></td>
  </tr>
  <tr>
    <td WIDTH="322" VALIGN="BOTTOM" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p>Effect of foreign exchange rate changes on cash</font></b></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(10.2)</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(1.6)</font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(5.1)</font></b></td>
    <td WIDTH="5" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(3.6)</font></td>
  </tr>
  <tr>
    <td WIDTH="322" VALIGN="BOTTOM" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1"><b><font FACE="Arial" SIZE="2">
      Net increase (decrease) in cash</font></b></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1">
      &nbsp;
    </td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1">
      &nbsp;
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right">&nbsp;<b><font FACE="Arial" SIZE="2">6.4</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right"><font FACE="Arial" SIZE="2">(67.8)</font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right">&nbsp;<b><font FACE="Arial" SIZE="2">(19.9)</font></b></td>
    <td WIDTH="5" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1" align="right"><font FACE="Arial" SIZE="2">(103.3)</font></td>
  </tr>
  <tr>
    <td WIDTH="322" VALIGN="BOTTOM" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p>Cash at beginning of period</font></b></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">62.5</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">121.3</font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">88.8</font></b></td>
    <td WIDTH="5" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">156.8</font></td>
  </tr>
  <tr>
    <td WIDTH="322" VALIGN="BOTTOM" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2"><b><font FACE="Arial" SIZE="2">Cash at end of period</font></b></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font FACE="Arial" SIZE="2">$</font></b></td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font FACE="Arial" SIZE="2">68.9</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font FACE="Arial" SIZE="2">$</font></td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font FACE="Arial" SIZE="2">53.5</font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font FACE="Arial" SIZE="2">$</font></b></td>
    <td WIDTH="46" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b>&nbsp;<font face="Arial" size="2">68.9</font></b></td>
    <td WIDTH="5" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font FACE="Arial" SIZE="2">$</font></td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="19" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font FACE="Arial" SIZE="2">53.5</font></td>
  </tr>
</table>
<font FACE="Arial" SIZE="2"></font>
<p align="right">&nbsp;</p>
    <hr>
<p align="right" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<font FACE="Arial" COLOR="#0000ff">
<b>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">Notes to the Consolidated Financial Statements</p>
</b>
</font><font FACE="Arial" SIZE="2"><b>
<p><font color="#0000FF">Note 1: Significant Accounting Policies</font></p>
</b>
    <p>These interim consolidated financial statements have been prepared in
    accordance with Canadian generally accepted accounting principles on a
    consistent basis with the Company's annual consolidated financial
    statements for the year ended March 31, 2002, except as noted below. For a
    full description of accounting policies, refer to the CAE Annual Report for
    the year ended March 31, 2002. Certain comparative figures have been
    reclassified to conform to the current presentation. These financial
    statements do not include all of the disclosure required by generally
    accepted accounting principles applicable to annual financial statements.</p>
    <p>Effective April 1, 2002, CAE retroactively adopted the amendments to the
    Canadian Institute of Chartered Accountants (CICA) Handbook Section 1650
    &quot;Foreign Currency Translation&quot;. The Company no longer amortizes
    the exchange gains or losses arising on the translation of long-term foreign
    currency denominated items. Exchange gains or losses arising on translation
    are included in earnings as incurred. At March 31, 2002, the unamortized
    exchange loss relating to the existing long-term foreign currency
    denominated items amounted to $6.4 million (2001 - $5.3 million) net of
    taxes of $2.8 million (2001 - $2.3 million). Consequently, prior years' financial
    statements were restated through a charge to fiscal 2002 opening retained
    earning of $5.3 million, net of $2.3 million of taxes. The effect of the
    amendments on the period ending December 31, 2002 is a foreign exchange gain
    of $3.8 million (2001 a foreign exchange loss of $1.4 million) net of taxes expense of $1.8
    million (2001 - tax recovery of $0.7 million). The effect of the amendments on the three months period
    ending December 31, 2002 is a foreign exchange gain of $1.2 million (2001 - foreign exchange loss of
    $0.7 million) net of taxes expense of $0.6 million (2001 - tax recovery of
    $0.3 million).</p>
    <p>Effective April 1, 2002, CAE prospectively adopted the new
    recommendations of CICA Section 3870 &quot;Stock-based Compensation and
    Other Stock-based Payments&quot;. The standard encourages, but does not
    require, that the fair value method for valuing stock options be used for
    transactions with employees. When an enterprise does not use the fair
    value-based method of accounting, it must disclose pro forma net earnings
    and pro forma earnings per share, as if the fair value based accounting
    method had been used to account for stock-based compensation cost. The
    Company will continue to account for employee stock options by measuring
    compensation cost for options as the excess, if any, of the quoted market
    price of the Company's common shares at the date of grant over the amount
    an employee must pay to acquire the common shares. CAE's practice is to
    issue options in May of each fiscal year, whereby these options vest
    gradually over 4 years. During the nine-month period ended December 31,
    2002, the Company granted 1,767,000 options to purchase Common Shares. The
    weighted average grant date fair value of options granted during this period
    amounted to $5.84 per option. The following outlines the impact and the
    assumptions used if the compensation costs for CAE's stock options was
    determined under the fair value based method of accounting for awards
    granted after April 1, 2002:</p>
</font>
<table BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="631">
  <tr>
    <td WIDTH="342" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="134" VALIGN="BOTTOM" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">three months ended</font></b></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="123" VALIGN="BOTTOM" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">nine months ended</font></b></td>
  </tr>
  <tr>
    <td WIDTH="344" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="center">
      &nbsp;
    </td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="center">
      &nbsp;
    </td>
    <td WIDTH="136" VALIGN="BOTTOM" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="center"><b><font FACE="Arial" SIZE="2">December
      31, 2002</font></b></td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="center">
      &nbsp;
    </td>
    <td WIDTH="125" VALIGN="BOTTOM" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="center"><b><font FACE="Arial" SIZE="2">December
      31, 2002</font></b></td>
  </tr>
  <tr>
    <td WIDTH="342" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p>Net earnings, as reported</font></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="90" VALIGN="BOTTOM" HEIGHT="24" align="center"><font FACE="Arial" SIZE="2">
      <p ALIGN="center">31.5</font></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="50" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="71" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24" align="center"><font FACE="Arial" SIZE="2">
      <p ALIGN="center">92.0</font></td>
  </tr>
  <tr>
    <td WIDTH="342" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p>Pro forma impact</font></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="90" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24" align="center"><font FACE="Arial" SIZE="2">
      <p ALIGN="center">(1.2)</font></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="50" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="71" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24" align="center"><font FACE="Arial" SIZE="2">
      <p ALIGN="center">(2.9)</font></td>
  </tr>
  <tr>
    <td WIDTH="344" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1"><font FACE="Arial" SIZE="2">Pro forma net earnings</font></td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="44" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1"><font FACE="Arial" SIZE="2">$</font></td>
    <td WIDTH="92" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24" align="center" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1"><font FACE="Arial" SIZE="2">30.3</font></td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24" align="right" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="52" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24" align="right" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1"><font FACE="Arial" SIZE="2">$</font></td>
    <td WIDTH="73" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24" align="center" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1"><font FACE="Arial" SIZE="2">89.1</font></td>
  </tr>
  <tr>
    <td WIDTH="344" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1"><font FACE="Arial" SIZE="2">Pro forma basic and diluted net earnings per share</font></td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="44" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font FACE="Arial" SIZE="2">$</font></td>
    <td WIDTH="92" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="39" style="border-bottom-style: solid; border-bottom-width: 1" align="center"><font FACE="Arial" SIZE="2">0.14</font></td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="39" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="52" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="39" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font FACE="Arial" SIZE="2">$</font></td>
    <td WIDTH="73" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="39" style="border-bottom-style: solid; border-bottom-width: 1" align="center"><font FACE="Arial" SIZE="2">0.41</font></td>
  </tr>
  <tr>
    <td WIDTH="342" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p>Assumptions used in Black-Scholes options pricing model:</font></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="90" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="40" align="center">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="40">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="123" VALIGN="BOTTOM" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="40">
      <p>&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td WIDTH="342" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p>Dividend yield</font></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="90" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24" align="center"><font FACE="Arial" SIZE="2">
      <p ALIGN="center">1.058%</font></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="50" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="71" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24" align="center"><font FACE="Arial" SIZE="2">
      <p ALIGN="center">1.058%</font></td>
  </tr>
  <tr>
    <td WIDTH="342" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p>Expected volatility</font></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="90" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24" align="center"><font FACE="Arial" SIZE="2">
      <p ALIGN="center">46%</font></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="50" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="71" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24" align="center"><font FACE="Arial" SIZE="2">
      <p ALIGN="center">46%</font></td>
  </tr>
  <tr>
    <td WIDTH="342" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p>Risk-free interest rate</font></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="90" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24" align="center"><font FACE="Arial" SIZE="2">
      <p ALIGN="center">4.89%</font></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="50" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="71" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24" align="center"><font FACE="Arial" SIZE="2">
      <p ALIGN="center">4.89%</font></td>
  </tr>
  <tr>
    <td WIDTH="342" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p>Expected life (years)</font></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="90" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24" align="center"><font FACE="Arial" SIZE="2">
      <p ALIGN="center">6</font></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="50" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="71" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="24" align="center"><font FACE="Arial" SIZE="2">
      <p ALIGN="center">6</font></td>
  </tr>
  <tr>
    <td WIDTH="344" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 2">&nbsp;</td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="44" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-bottom-style: solid; border-bottom-width: 2">&nbsp;</td>
    <td WIDTH="92" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-bottom-style: solid; border-bottom-width: 2">&nbsp;</td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="52" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="73" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-bottom-style: solid; border-bottom-width: 2">&nbsp;</td>
  </tr>
</table>
<font FACE="Arial" SIZE="2">
<p ALIGN="right" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<p ALIGN="right" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<hr>
<p ALIGN="right" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
</font>
<p ALIGN="JUSTIFY" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">
<font face="Arial" SIZE="2">
During the first quarter of fiscal 2002, the Company adopted CICA Handbook
Section 1581, &quot;Business Combinations&quot;, which requires all business
combinations to be accounted for using the purchase method. In addition, any
goodwill and intangible assets with indefinite useful lives acquired in a
business combination are to be accounted for under CICA Handbook Section 3062,
&quot;Goodwill and Other Intangible Assets&quot;. This section requires that
goodwill and intangible assets with indefinite useful lives not be amortized.
Their fair value is to be assessed annually and, if necessary, written down for
any impairment. Intangible assets are recorded at their allocated cost at the
date of acquisition of the related operating companies. Amortization is
provided, where required, on a straightline basis over their estimated useful
lives.
</font></p>
<font FACE="Arial" SIZE="2">
<p ALIGN="JUSTIFY"><b>Note 2: Business Acquisitions</p>
</b>
</font>
  <p>
<font face="Arial" SIZE="2">
On April 2, 2001, the Company acquired all of the issued and outstanding shares
of BAE Systems Flight Simulation and Training Inc. located in Tampa, Florida for
a total cash consideration of US$76.0 million. The business has a
well-established position in the US defence market for the manufacture of
transport and helicopter simulation equipment and has significant training and
support service activities for both civil and military markets.
</font></p>
  <p>
<font face="Arial" SIZE="2">
On August 1, 2001, the Company acquired all of the issued and outstanding shares
of Valmarine AS of Norway, for a cash consideration of NOK238.6 million and CAE
share issuance of NOK125.4 million, based on the average closing price of CAE's
shares for the 10 days prior to August 1. Valmarine is the global leader for
marine control systems for the commercial market. The purchase price is subject
to adjustment based on the future performance of the business. Contingent
consideration up to a maximum of NOK58.0 million will be recognized as an
additional cost of the purchase when the contingency</font>
<font face="Arial" SIZE="2">
is resolved.</font></p>
  <p>
<font face="Arial" SIZE="2">
On August 24, 2001, the Company acquired all of the issued and outstanding
shares of the Netherland-based Schreiner Aviation Training B.V. for a total cash
consideration of Euro 193.4 million. The business provides simulator and
ground-school civil aviation training.
</font></p>
  <p>
<font face="Arial" SIZE="2">
On December 31, 2001, the Company acquired all of the issued and outstanding
shares of SimuFlite Training International Inc. (SimuFlite), based in Dallas,
Texas, for a total cash consideration of
US$210.9 million. In addition, property, plant and equipment in the amount of
US$54.0 million were sold to the vendor and leased back. SimuFlite is the world's
second largest provider of business aviation training.
</font></p>
  <p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">
<font face="Arial" SIZE="2">
These acquisitions were accounted for under the purchase method and their
operating results have been included from their respective acquisition dates.
</font></p>
  <p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">
&nbsp;</p>
<font FACE="Arial" SIZE="2">
<hr>
<p ALIGN="JUSTIFY" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<p ALIGN="JUSTIFY" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">The net assets acquired are summarized as follows:</p>
<table BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="643" height="406">
  <tr>
    <td WIDTH="221" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="32" style="border-bottom-style: solid; border-bottom-width: 1"><font FACE="Arial" SIZE="2">(amounts in millions)</font>&nbsp;</td>
</font>
    <td WIDTH="94" VALIGN="BOTTOM" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="35" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
<font face="Arial" size="2">BAE SYSTEMS</font></td>
<font FACE="Arial" SIZE="2">
    <td WIDTH="90" VALIGN="BOTTOM" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="32" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font FACE="Arial" SIZE="2">Valmarine AS
</font></td>
    <td WIDTH="88" VALIGN="BOTTOM" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="32" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font FACE="Arial" SIZE="2">Schreiner
</font></td>
    <td WIDTH="81" VALIGN="BOTTOM" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="32" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
<font FACE="Arial" SIZE="2">
SimuFlite
</font></td>
    <td WIDTH="15" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="32" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="32" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="81" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="32" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font FACE="Arial" SIZE="2">Total</font></td>
  </tr>
  <tr>
    <td WIDTH="219" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><font FACE="Arial" SIZE="2">
      <p>Current assets</font></td>
    <td WIDTH="4" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="86" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">36.2</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="79" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">16.3</font></b></td>
    <td WIDTH="10" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="74" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">15.3</font></b></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="66" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">23.6</font></b></td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      &nbsp;
    </td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="66" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">91.4</font></b></td>
  </tr>
  <tr>
    <td WIDTH="219" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><font FACE="Arial" SIZE="2">
      <p>Current liabilities</font></td>
    <td WIDTH="4" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="86" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(65.8)</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="79" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(8.7)</font></b></td>
    <td WIDTH="10" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="74" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(37.1)</font></b></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="66" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(14.2)</font></b></td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      &nbsp;
    </td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="66" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(125.8)</font></b></td>
  </tr>
  <tr>
    <td WIDTH="219" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><font FACE="Arial" SIZE="2">
      <p>Property, plant and equipment</font></td>
    <td WIDTH="4" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="86" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">59.0</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="79" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">0.5</font></b></td>
    <td WIDTH="10" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="74" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">167.9</font></b></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="66" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">266.1</font></b></td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      &nbsp;
    </td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="66" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">493.5</font></b></td>
  </tr>
  <tr>
    <td WIDTH="219" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><font FACE="Arial" SIZE="2">
      <p>Intangible assets</font></td>
    <td WIDTH="4" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="86" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="79" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="74" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="66" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      &nbsp;
    </td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="66" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td WIDTH="219" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14">
              <font FACE="Arial" SIZE="2">
        <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Trade names
             </font></td>
    <td WIDTH="4" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="86" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></b></td>
    <td WIDTH="7" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="79" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">3.6</font></b></td>
    <td WIDTH="10" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="74" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></b></td>
    <td WIDTH="11" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="66" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">37.1</font></b></td>
    <td WIDTH="13" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14">
      &nbsp;
    </td>
    <td WIDTH="11" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="66" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">40.7</font></b></td>
  </tr>
</font>
  <tr>
    <td WIDTH="219" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14" ">
      <font face="Arial" size="2">
        <font FACE="Arial" SIZE="2">
        <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Customer relations</font></font>
        <td WIDTH="4" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14">
      <p>
<font face="Arial" SIZE="2">
    &nbsp;
</font>
      </p>
    </td>
<font FACE="Arial" SIZE="2">
    <td WIDTH="86" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></b></td>
    <td WIDTH="7" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="79" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">6.0</font></b></td>
    <td WIDTH="10" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="74" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">66.0</font></b></td>
    <td WIDTH="11" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="66" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">29.2</font></b></td>
    <td WIDTH="13" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14">
      &nbsp;
    </td>
    <td WIDTH="11" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="66" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">101.2</font></b></td>
  </tr>
</font>
  <tr>
    <td WIDTH="219" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="18">
       <font face="Arial" SIZE="2">
       <p style="text-indent: 0; word-spacing: 0; margin: 0" align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
       Customer contractual</p>
        <p style="text-indent: 0; word-spacing: 0; margin: 0" align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        agreements</font></td>
      <font FACE="Arial" SIZE="2">
    <td WIDTH="4" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="14">

      <p>&nbsp;</p>
    </td>
    <td WIDTH="86" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></b></td>
    <td WIDTH="7" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="79" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">1.5</font></b></td>
    <td WIDTH="10" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="74" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">2.2</font></b></td>
    <td WIDTH="11" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="66" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">3.6</font></b></td>
    <td WIDTH="13" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14">
      &nbsp;
    </td>
    <td WIDTH="11" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="66" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">7.3</font></b></td>
  </tr>
  <tr>
    <td WIDTH="219" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14">
        <font FACE="Arial" SIZE="2">
        <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other intangibles
        </font></td>
    <td WIDTH="4" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="86" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">2.5</font></b></td>
    <td WIDTH="7" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="79" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">14.5</font></b></td>
    <td WIDTH="10" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="74" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></b></td>
    <td WIDTH="11" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="66" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">7.0</font></b></td>
    <td WIDTH="13" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14">
      &nbsp;
    </td>
    <td WIDTH="11" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="66" VALIGN="bottom" BGCOLOR="#ffffff" HEIGHT="14"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">24.0</font></b></td>
  </tr>
  <tr>
    <td WIDTH="219" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><font FACE="Arial" SIZE="2">
      <p>Goodwill</font></td>
    <td WIDTH="4" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="86" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">104.2</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="79" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">38.6</font></b></td>
    <td WIDTH="10" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="74" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">91.2</font></b></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="66" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">110.9</font></b></td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      &nbsp;
    </td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="66" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">344.9</font></b></td>
  </tr>
  <tr>
    <td WIDTH="219" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><font FACE="Arial" SIZE="2">
      <p>Future income taxes</font></td>
    <td WIDTH="4" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="86" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">36.6</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="79" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(9.3)</font></b></td>
    <td WIDTH="10" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="74" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(36.4)</font></b></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="66" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">15.1</font></b></td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      &nbsp;
    </td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="66" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">6.0</font></b></td>
  </tr>
  <tr>
    <td WIDTH="219" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><font FACE="Arial" SIZE="2">
      <p>Long-term debt</font></td>
    <td WIDTH="4" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="86" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(17.3)</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="79" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></b></td>
    <td WIDTH="10" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="74" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(9.2)</font></b></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="66" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(55.7)</font></b></td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      &nbsp;
    </td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="66" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(82.2)</font></b></td>
  </tr>
  <tr>
    <td WIDTH="219" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1"><font FACE="Arial" SIZE="2">Long-term liabilities</font></td>
    <td WIDTH="4" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="86" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font FACE="Arial" SIZE="2"><b>(36.1)</b>
</font></td>
    <td WIDTH="7" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="79" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font FACE="Arial" SIZE="2"><b>-</b>
</font>&nbsp;</td>
    <td WIDTH="10" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="74" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font FACE="Arial" SIZE="2"><b>-</b>
</font></td>
    <td WIDTH="11" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="66" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font FACE="Arial" SIZE="2"><b>-</b>
</font></td>
    <td WIDTH="13" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="11" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="66" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="19" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
<font FACE="Arial" SIZE="2">
<b>(36.1)</b>
</font></td>
  </tr>
  <tr>
    <td WIDTH="219" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="4" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="86" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">119.3</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="79" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">63.0</font></b></td>
    <td WIDTH="10" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="74" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">259.9</font></b></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="66" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">422.7</font></b></td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      &nbsp;
    </td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="66" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">864.9</font></b></td>
  </tr>
  <tr>
    <td WIDTH="219" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
          <font FACE="Arial" SIZE="2">
          <p style="text-indent: 0; word-spacing: 0; margin: 0" align="left">Less: - Sale and leaseback</p>
        <p style="text-indent: 0; word-spacing: 0; margin: 0" align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        of assets</font></td>
    <td WIDTH="4" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="86" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="79" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></b></td>
    <td WIDTH="10" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="74" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></b></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="66" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(86.2)</font></b></td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      &nbsp;
    </td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="66" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(86.2)</font></b></td>
  </tr>
  <tr>
    <td WIDTH="219" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
          <font FACE="Arial" SIZE="2">
          <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Shares issued&nbsp;
      </font></td>
    <td WIDTH="4" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="86" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="79" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(21.1)</font></b></td>
    <td WIDTH="10" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="74" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></b></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="66" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></b></td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      &nbsp;
    </td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="66" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="18"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(21.1)</font></b></td>
  </tr>
  <tr>
    <td WIDTH="219" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="18" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2"><font FACE="Arial" SIZE="2">Total cash consideration:</font></td>
    <td WIDTH="4" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="18" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
<font FACE="Arial" SIZE="2">
<b>$</b>
</font></td>
</font>
    <td WIDTH="86" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="18" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b>
<font face="Arial" size="2">
    119.3
</font></b></td>
    <td WIDTH="7" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="18" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
<b>
<font face="Arial" size="2">
$
</font></b>
    </td>
    <td WIDTH="79" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="18" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b>
<font face="Arial" size="2">
    41.9
</font></b></td>
    <td WIDTH="10" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="18" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
<b>
<font face="Arial" size="2">
$
</font></b>
    </td>
    <td WIDTH="74" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="18" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b>
<font face="Arial" size="2">
    259.9
</font></b></td>
    <td WIDTH="11" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="18" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font face="Arial" size="2">$
</font></b>
    </td>
    <td WIDTH="66" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="18" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b>
<font face="Arial" size="2">
    336.5
</font></b></td>
    <td WIDTH="13" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="18" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
<font face="Arial" size="2">
      &nbsp;
</font>
    </td>
    <td WIDTH="11" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="18" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font face="Arial" size="2">$
</font></b>
    </td>
    <td WIDTH="66" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="18" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b>
<font face="Arial" size="2">
    757.6
</font></b></td>
  </tr>
</table>
<font FACE="Arial" SIZE="2">
<p ALIGN="JUSTIFY">The goodwill on the SimuFlite acquisition is the sole
deductible goodwill for tax purposes.</p>
<p ALIGN="JUSTIFY"><b>Note 3: Discontinued Operations
</b>
</p>
</font>
<p>
<font face="Arial" SIZE="2">
On December 18, 2001, the Board of Directors approved a plan to divest its
Forestry Systems segment. As a result of the planned divestiture, the results of
operations for the Forestry Systems segment have been reported separately in the
consolidated statements of earnings together with the Cleaning Technologies
businesses (together the &quot;Discontinued Operations&quot;). Previously
reported financial statements have been restated and interest expense has been
allocated to the Discontinued Operations based on their share of the Company's
net assets.
</font></p>
<p>
<font face="Arial" SIZE="2">
On June 28, 2002, CAE sold CAE Cleaning Technologies Plc to the former
management of these operations for a note receivable of &#163 0.5 million.
</font></p>
<p>
<font face="Arial" SIZE="2">
On August 16, 2002, CAE sold three businesses of its Forestry Systems segment
division for a cash consideration of $25.0 million plus a contingent
consideration based on earnings during the following three years.
</font></p>
<font FACE="Arial" SIZE="2">
<p ALIGN="JUSTIFY">Summarized financial information for the discontinued
operations is as follows:</p>
</font><font FACE="Times"></font>
<table BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="625">
  <tr>
    <td WIDTH="244" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="177" VALIGN="BOTTOM" COLSPAN="5" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">three months ended</font></b></td>
    <td WIDTH="198" VALIGN="BOTTOM" COLSPAN="6" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">nine months ended</font></b></td>
  </tr>
  <tr>
    <td WIDTH="244" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="177" VALIGN="BOTTOM" COLSPAN="5" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">December 31</font></b></td>
    <td WIDTH="198" VALIGN="BOTTOM" COLSPAN="6" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">December 31</font></b></td>
  </tr>
  <tr>
    <td WIDTH="244" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="177" VALIGN="BOTTOM" COLSPAN="5" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">(unaudited)</font></b></td>
    <td WIDTH="198" VALIGN="BOTTOM" COLSPAN="6" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">(unaudited)</font></b></td>
  </tr>
  <tr>
    <td WIDTH="246" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1"><font FACE="Arial" SIZE="2">
      (amounts in millions)</font></td>
    <td WIDTH="39" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="42" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><b><font FACE="Arial" SIZE="2">2002</font></b></td>
    <td WIDTH="14" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="34" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="50" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font FACE="Arial" SIZE="2">2001</font></td>
    <td WIDTH="12" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="45" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="42" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><b><font FACE="Arial" SIZE="2">2002</font></b></td>
    <td WIDTH="18" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="39" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="44" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font FACE="Arial" SIZE="2">2001</font></td>
  </tr>
  <tr>
    <td WIDTH="244" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p>Revenue</font></td>
    <td WIDTH="37" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="40" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="12" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p></font></td>
    <td WIDTH="32" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="43" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="40" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="37" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td WIDTH="244" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p>Cleaning Technologies</font></td>
    <td WIDTH="37" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="40" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">5.9</font></b></td>
    <td WIDTH="12" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="32" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">22.9</font></td>
    <td WIDTH="10" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="43" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="40" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">18.5</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="37" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">66.8</font></td>
  </tr>
  <tr>
    <td WIDTH="246" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1"><font FACE="Arial" SIZE="2">Forestry Systems</font></td>
    <td WIDTH="39" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-bottom-style: solid; border-bottom-width: 1"><b><font face="Arial" size="2">8.0</font></b></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="34" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="50" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-bottom-style: solid; border-bottom-width: 1"><font size="2" face="Arial">47.5</font></td>
    <td WIDTH="12" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="45" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-bottom-style: solid; border-bottom-width: 1"><font size="2" face="Arial"><b>58.6</b></font></td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="39" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="44" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-bottom-style: solid; border-bottom-width: 1"><font size="2" face="Arial">150.2</font></td>
  </tr>
  <tr>
    <td WIDTH="244" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="37" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="40" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="12" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="32" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="43" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="40" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="37" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td WIDTH="244" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
        <font FACE="Arial" SIZE="2">
        <p style="word-spacing: 0; margin: 0">Net earnings from Forestry Systems prior to</font>
        <font FACE="Arial" SIZE="2">measurement date, net of tax</p>
        <p style="word-spacing: 0; margin: 0">(2001 - YTD $13.1 net of tax of
        $4.2;&nbsp; QTR-$3.3 net of tax of $1.1)
      </font></td>
    <td WIDTH="37" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="40" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></b></td>
    <td WIDTH="12" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="32" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">2.2</font></td>
    <td WIDTH="10" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="43" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="40" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="37" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">8.9</font></td>
  </tr>
  <tr>
    <td WIDTH="244" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p style="word-spacing: 0; margin: 0">Net loss from Cleaning Technologies after</p>
        <p style="word-spacing: 0; margin: 0">measurement, date net of tax (2001 - nil)
      </font></td>
    <td WIDTH="37" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="40" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></b></td>
    <td WIDTH="12" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="32" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p ALIGN="RIGHT"><font face="Arial" size="2">(1.9)</font></td>
    <td WIDTH="10" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="43" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="40" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="37" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="42" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(3.9)</font></td>
  </tr>
  <tr>
    <td WIDTH="246" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2"><font FACE="Arial" SIZE="2">Results
      from discontinued operations</font></td>
    <td WIDTH="39" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2">
      <p align="right"><b><font FACE="Arial" SIZE="2">$</font></b></p>
    </td>
    <td WIDTH="42" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font FACE="Arial" SIZE="2">-</font></b></td>
    <td WIDTH="14" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="34" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font FACE="Arial" SIZE="2">$</font></td>
    <td WIDTH="50" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font face="Arial" size="2">0.3</font></td>
    <td WIDTH="12" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="45" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font FACE="Arial" SIZE="2">$</font></b></td>
    <td WIDTH="42" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font FACE="Arial" SIZE="2">-</font></b></td>
    <td WIDTH="18" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="39" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font FACE="Arial" SIZE="2">$</font></td>
    <td WIDTH="44" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font FACE="Arial" SIZE="2">5.0</font></td>
  </tr>
</table>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<hr>
<p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<table BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="625">
  <tr>
    <td WIDTH="241" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
    </td>
    <td WIDTH="181" VALIGN="BOTTOM" COLSPAN="5" BGCOLOR="#ffffff" HEIGHT="20">
      <p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
    </td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
    </td>
    <td WIDTH="189" VALIGN="BOTTOM" COLSPAN="5" BGCOLOR="#ffffff" HEIGHT="20">
      <p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td WIDTH="241" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
    </td>
    <td WIDTH="181" VALIGN="BOTTOM" COLSPAN="5" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT" style="word-spacing: 0; margin-top: 0; margin-bottom: 0"><b>as at December 31, 2002</b></font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
    </td>
    <td WIDTH="189" VALIGN="BOTTOM" COLSPAN="5" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">as at March, 31</font></td>
  </tr>
  <tr>
    <td WIDTH="241" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="181" VALIGN="BOTTOM" COLSPAN="5" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT"><b>(unaudited)</b></font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="189" VALIGN="BOTTOM" COLSPAN="5" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(audited)</font></td>
  </tr>
  <tr>
    <td WIDTH="243" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1"><font FACE="Arial" SIZE="2">
      (amounts in millions)</font></td>
    <td WIDTH="13" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="62" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font FACE="Arial" SIZE="2"><b>Forestry Systems</b></font></td>
    <td WIDTH="12" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="96" VALIGN="middle" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font FACE="Arial" SIZE="2"><b>Cleaning Technologies</b></font></td>
    <td WIDTH="8" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="30" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="59" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font FACE="Arial" SIZE="2">Forestry Systems</font></td>
    <td WIDTH="19" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="83" VALIGN="middle" COLSPAN="2" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font face="Arial" size="2">Cleaning
      Technologies</font></td>
  </tr>
  <tr>
    <td WIDTH="241" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p>Current assets</font></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT"><b>$</b></font></td>
    <td WIDTH="60" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT"><b>11.9</b></font></td>
    <td WIDTH="10" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT"><b>$</b></font></td>
    <td WIDTH="79" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT"><b>13.1</b></font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="28" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="57" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">40.8</font></td>
    <td WIDTH="17" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="68" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">20.8</font></td>
  </tr>
  <tr>
    <td WIDTH="241" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p>Property, plant and equipment, net</font></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT"><b>2.8</b></font></td>
    <td WIDTH="10" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="79" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT"><b>5.6</b></font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="28" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="57" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">15.7</font></td>
    <td WIDTH="17" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="68" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">5.4</font></td>
  </tr>
  <tr>
    <td WIDTH="241" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p>Goodwill</font></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT"><b>21.1</b></font></td>
    <td WIDTH="10" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="79" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT"><b>9.2</b></font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="28" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="57" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">30.2</font></td>
    <td WIDTH="17" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="68" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">9.2</font></td>
  </tr>
  <tr>
    <td WIDTH="243" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1"><font FACE="Arial" SIZE="2">
      Other assets</font></td>
    <td WIDTH="13" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="62" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1">
      <p align="right"><font face="Arial" size="2"><b>0.1</b></font></p>
    </td>
    <td WIDTH="12" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="15" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="81" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font FACE="Arial" SIZE="2">
      <b>
      1.1</b></font></td>
    <td WIDTH="8" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="30" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="59" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font size="2" face="Arial">&nbsp;0.6</font></td>
    <td WIDTH="19" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="13" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="70" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font size="2" face="Arial">1.1</font></td>
  </tr>
  <tr>
    <td WIDTH="243" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="13" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="62" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-bottom-style: solid; border-bottom-width: 1"><font size="2" face="Arial"><b>35.9</b></font></td>
    <td WIDTH="12" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="15" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="81" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-bottom-style: solid; border-bottom-width: 1"><font size="2" face="Arial"><b>29.0</b></font></td>
    <td WIDTH="8" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="30" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="59" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-bottom-style: solid; border-bottom-width: 1"><font size="2" face="Arial">87.3</font></td>
    <td WIDTH="19" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="13" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="70" VALIGN="middle" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-bottom-style: solid; border-bottom-width: 1"><font size="2" face="Arial">36.5</font></td>
  </tr>
  <tr>
    <td WIDTH="243" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 2"><font FACE="Arial" SIZE="2">
      Assets of discontinued operations</font></td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="12" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="15" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="81" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial"><b>&nbsp;64.9</b></font></td>
    <td WIDTH="8" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="59" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="70" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial">123.8</font></td>
  </tr>
  <tr>
    <td WIDTH="241" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="10" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="79" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="28" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="57" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="17" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="68" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td WIDTH="241" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p>Current liabilities</font></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p ALIGN="RIGHT"><font face="Arial" size="2"><b>11.0</b></font></td>
    <td WIDTH="10" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="79" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT"><b>8.0</b></font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="28" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="57" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">26.4</font></td>
    <td WIDTH="17" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="68" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">13.7</font></td>
  </tr>
  <tr>
    <td WIDTH="241" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p>Other liabilities</font></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p align="right"><b>-</b></p>
    </td>
    <td WIDTH="10" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="79" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT"><b>4.1</b></font></td>
    <td WIDTH="6" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="28" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="57" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">0.4</font></td>
    <td WIDTH="17" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="68" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></td>
  </tr>
  <tr>
    <td WIDTH="243" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1"><font face="Arial" size="2">
      <b>
      $</b></font></td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1"><font size="2" face="Arial"><b>11.0</b></font></td>
    <td WIDTH="12" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="15" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1"><font face="Arial" size="2">
      <b>
      $</b></font></td>
    <td WIDTH="81" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1"><font size="2" face="Arial"><b>12.1</b></font></td>
    <td WIDTH="8" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1"><font face="Arial" size="2">
      $</font></td>
    <td WIDTH="59" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1"><font size="2" face="Arial">26.8</font></td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1"><font face="Arial" size="2">
      $</font></td>
    <td WIDTH="70" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" align="right" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 1"><font size="2" face="Arial">13.7</font></td>
  </tr>
  <tr>
    <td WIDTH="243" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 2">
      <font FACE="Arial" SIZE="2">
      Liabilities of discontinued operations</font>
    </td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 2">&nbsp;</td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 2">&nbsp;</td>
    <td WIDTH="12" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="15" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 2">
      <p align="right"><font face="Arial" size="2">
      <b>
      $</b></font></p>
    </td>
    <td WIDTH="81" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial"><b>&nbsp;
      23.1</b></font></td>
    <td WIDTH="8" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 2" align="right">&nbsp;</td>
    <td WIDTH="59" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 2" align="right">&nbsp;</td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 2" align="right"><font face="Arial" size="2">
      $</font></td>
    <td WIDTH="70" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial">&nbsp;40.5</font></td>
  </tr>
</table>
<font FACE="Arial" SIZE="2">
<p ALIGN="right">&nbsp;</p>
<b>
<p ALIGN="JUSTIFY">Note 4: Supplementary Information</p>
</b>
<p>Cash provided by (used in) non-cash working capital:</p>
</font>
<table BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="625" height="358">
  <tr>
    <td WIDTH="244" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="177" VALIGN="BOTTOM" COLSPAN="5" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">three months ended</font></b></td>
    <td WIDTH="198" VALIGN="BOTTOM" COLSPAN="6" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">nine months ended</font></b></td>
  </tr>
  <tr>
    <td WIDTH="244" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="177" VALIGN="BOTTOM" COLSPAN="5" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">December 31</font></b></td>
    <td WIDTH="198" VALIGN="BOTTOM" COLSPAN="6" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">December 31</font></b></td>
  </tr>
  <tr>
    <td WIDTH="244" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="177" VALIGN="BOTTOM" COLSPAN="5" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">(unaudited)</font></b></td>
    <td WIDTH="198" VALIGN="BOTTOM" COLSPAN="6" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">(unaudited)</font></b></td>
  </tr>
  <tr>
    <td WIDTH="246" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="23" style="border-bottom-style: solid; border-bottom-width: 1"><font FACE="Arial" SIZE="2">(amounts in millions)</font></td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="23" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="57" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="23" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><b><font face="Arial" size="2">
      2002</font></b></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="23" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="32" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="23" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="52" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="23" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font size="2" face="Arial">2001</font></td>
    <td WIDTH="27" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="23" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="23" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="50" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="23" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><b><font face="Arial" size="2">
      2002</font></b></td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="23" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="23" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="23" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font size="2" face="Arial">2001</font></td>
  </tr>
  <tr>
    <td WIDTH="244" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>Accounts receivable</font></td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="55" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p ALIGN="RIGHT"><b><font face="Arial" size="2">(8.1)</font></b></td>
    <td WIDTH="12" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="50" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">14.1</font></td>
    <td WIDTH="25" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="20" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">16.9</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="60" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(39.0)</font></td>
  </tr>
  <tr>
    <td WIDTH="244" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p>Inventories</font></td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="55" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(12.3)</font></b></td>
    <td WIDTH="12" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="50" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(0.7)</font></td>
    <td WIDTH="25" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="20" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(10.9)</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(19.6)</font></td>
  </tr>
  <tr>
    <td WIDTH="244" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>Prepaid expenses</font></td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="55" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">3.3</font></b></td>
    <td WIDTH="12" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="50" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(8.2)</font></td>
    <td WIDTH="25" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="20" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">0.1</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(11.5)</font></td>
  </tr>
  <tr>
    <td WIDTH="244" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>Accounts payable and accrued liabilities</font></td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="55" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(4.8)</font></b></td>
    <td WIDTH="12" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="50" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(19.8)</font></td>
    <td WIDTH="25" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="20" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(60.1)</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(60.7)</font></td>
  </tr>
  <tr>
    <td WIDTH="244" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>Deposits on contracts</font></td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="55" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(21.5)</font></b></td>
    <td WIDTH="12" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="50" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(14.6)</font></td>
    <td WIDTH="25" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="20" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(80.6)</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">8.7</font></td>
  </tr>
  <tr>
    <td WIDTH="244" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>Income taxes recoverable</font></td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="55" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">15.9</font></b></td>
    <td WIDTH="12" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="50" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">8.4</font></td>
    <td WIDTH="25" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="20" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">28.7</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">15.3</font></td>
  </tr>
  <tr>
    <td WIDTH="246" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2"><font FACE="Arial" SIZE="2">
      Increase in non-cash working capital</font></td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2">&nbsp;</td>
    <td WIDTH="57" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font size="2" face="Arial">(27.5)</font></b></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="32" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">&nbsp;</td>
    <td WIDTH="52" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial">(20.8)</font></td>
    <td WIDTH="27" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">&nbsp;</td>
    <td WIDTH="50" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial"><b>(105.9)</b></font></td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">&nbsp;</td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial">(106.8)</font></td>
  </tr>
  <tr>
    <td WIDTH="246" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="57" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="32" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="52" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="27" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="50" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
  </tr>
  <tr>
    <td WIDTH="244" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>Interest paid</font></td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="55" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">9.5</font></b></td>
    <td WIDTH="12" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="50" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">4.4</font></td>
    <td WIDTH="25" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="20" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="48" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">23.7</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="60" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">12.4</font></td>
  </tr>
  <tr>
    <td WIDTH="246" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2"><font FACE="Arial" SIZE="2">Income taxes paid
      (recovered)</font></td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font face="Arial" size="2">$</font></b></td>
    <td WIDTH="57" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial"><b>(6.0)</b></font></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="32" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right"><font face="Arial" size="2">$</font></td>
    <td WIDTH="52" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial">4.9</font></td>
    <td WIDTH="27" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font face="Arial" size="2">$</font></b></td>
    <td WIDTH="50" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial"><b>(0.8)</b></font></td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right"><font face="Arial" size="2">$</font></td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial">9.4</font></td>
  </tr>
  <tr>
    <td WIDTH="244" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="55" VALIGN="BOTTOM" HEIGHT="21">
      <p></p>
    </td>
    <td WIDTH="12" VALIGN="BOTTOM" HEIGHT="21">
      <p></p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="50" VALIGN="BOTTOM" HEIGHT="21">
      <p></p>
    </td>
    <td WIDTH="25" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="20" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="48" VALIGN="BOTTOM" HEIGHT="21">
      <p></p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" HEIGHT="21">
      <p></p>
    </td>
    <td WIDTH="19" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="60" VALIGN="BOTTOM" HEIGHT="21">
      <p></p>
    </td>
  </tr>
  <tr>
    <td WIDTH="246" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2"><font FACE="Arial" SIZE="2">Foreign exchange gain
      (loss)</font></td>
    <td WIDTH="24" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font FACE="Arial" SIZE="2">
      $</font></b></td>
    <td WIDTH="57" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font FACE="Arial" SIZE="2">(1.9)</font></b></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="32" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right"><font FACE="Arial" SIZE="2">$</font></td>
    <td WIDTH="52" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right"><font FACE="Arial" SIZE="2">(1.9)</font></td>
    <td WIDTH="27" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="22" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font FACE="Arial" SIZE="2">
      $</font></b></td>
    <td WIDTH="50" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font FACE="Arial" SIZE="2">8.0</font></b></td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="21" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right"><font FACE="Arial" SIZE="2">$</font></td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-top-style: solid; border-top-width: 2; border-bottom-style: solid; border-bottom-width: 2" align="right"><font face="Arial" size="2">&nbsp;2.7</font></td>
  </tr>
</table>
<font FACE="Arial" SIZE="2"><b>
<p ALIGN="JUSTIFY">Note 5: Business and Geographic Segments</p>
</b>
<p ALIGN="JUSTIFY">The Company's significant business segments include:</p>
<blockquote>
  <p style="word-spacing: 0; text-indent: 0; margin: 0">(i)&nbsp;&nbsp;&nbsp;&nbsp;
  Civil Simulation and Training - a world-leading
  supplier of civil flight simulators and visual systems, and provider of
  business and civil aviation training.</font></p>
<font FACE="Arial" SIZE="2">
  <p ALIGN="JUSTIFY">(ii)&nbsp;&nbsp;&nbsp;&nbsp; Military Simulation - a premier supplier of military
  flight and land-based simulators, visual systems and training systems.</p>
  <p ALIGN="JUSTIFY">(iii)&nbsp;&nbsp;&nbsp;&nbsp; Marine Controls - a world leader in the supply of
  automation and control systems for&nbsp; the naval and commercial markets. The
  business also provides naval training systems and designs and manufactures
  power plant training simulators and systems.</p>
</blockquote>
<p ALIGN="JUSTIFY" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">Each operating segment is led by a senior executive,
offers different products and uses different technology and marketing
strategies. The Company evaluates performance based on operating earnings before
interest and income taxes and uses capital employed to assess resources
allocated to each segment. Capital employed includes accounts receivable,
inventories, prepaid expenses, property, plant and equipment, goodwill,
intangible assets and other assets less accounts payable and accrued
liabilities, deposits on contracts and contingent consideration due on
acquisitions included in other long-term liabilities.</p>
<p ALIGN="JUSTIFY" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<hr>
<p ALIGN="JUSTIFY" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<p ALIGN="JUSTIFY" style="word-spacing: 0; margin-top: 0; margin-bottom: 0">Financial information on the Company's operating segments is
shown in the following table:</p>
</font><font FACE="Times"></font>
<table BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="625" height="749">
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="88" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" align="right"><b><font FACE="Arial" SIZE="2">
      <p>as at</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="80" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">as at</font></td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="88" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" align="right"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">December 31</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="80" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">March 31</font></td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p>Business Segments</font></b></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="88" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" align="right"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">2002</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="80" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">2002</font></td>
  </tr>
  <tr>
    <td WIDTH="401" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1">
      &nbsp;
    </td>
    <td WIDTH="90" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><b><font FACE="Arial" SIZE="2">(unaudited)</font></b></td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="82" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font FACE="Arial" SIZE="2">(audited)</font></td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>Capital employed</font></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="88" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="80" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>Civil Simulation and Training</font></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="117" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">1,214.2</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="80" VALIGN="BOTTOM" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">1,057.3</font></td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="13"><font FACE="Arial" SIZE="2">
      <p>Military Simulation and Training</font></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="13">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="117" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="13"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">273.1</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="13">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="13">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="80" VALIGN="BOTTOM" HEIGHT="13"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">187.3</font></td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>Marine Controls</font></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="117" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">156.8</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="80" VALIGN="BOTTOM" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">86.0</font></td>
  </tr>
  <tr>
    <td WIDTH="401" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1"><font FACE="Arial" SIZE="2">Other</font></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="119" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><b><font FACE="Arial" SIZE="2">17.2</font></b></td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="82" VALIGN="BOTTOM" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font FACE="Arial" SIZE="2">11.8</font></td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>Total capital employed</font></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="117" VALIGN="BOTTOM" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">1,661.3</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="80" VALIGN="BOTTOM" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">1,342.4</font></td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>Cash</font></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="117" VALIGN="BOTTOM" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">68.9</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="80" VALIGN="BOTTOM" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">88.8</font></td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>Short-term investments</font></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="117" VALIGN="BOTTOM" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">8.3</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="80" VALIGN="BOTTOM" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">21.3</font></td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>Income taxes recoverable</font></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="117" VALIGN="BOTTOM" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">6.5</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="80" VALIGN="BOTTOM" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">15.8</font></td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>Accounts payable and accrued liabilities</font></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="117" VALIGN="BOTTOM" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">372.5</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="80" VALIGN="BOTTOM" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">420.5</font></td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>Deposits on contract</font></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="117" VALIGN="BOTTOM" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">112.9</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="80" VALIGN="BOTTOM" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">189.1</font></td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>Future income taxes - short-term</font></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="117" VALIGN="BOTTOM" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">28.6</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="80" VALIGN="BOTTOM" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">28.9</font></td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>Future income taxes - long-term</font></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="117" VALIGN="BOTTOM" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">73.3</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="80" VALIGN="BOTTOM" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">74.1</font></td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>Long-term liabilities</font></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="117" VALIGN="BOTTOM" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">118.0</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="80" VALIGN="BOTTOM" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">73.7</font></td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>Assets of discontinued operations</font></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="117" VALIGN="BOTTOM" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">64.9</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="80" VALIGN="BOTTOM" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">123.8</font></td>
  </tr>
  <tr>
    <td WIDTH="401" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="22" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2"><font face="Arial" size="2">Total assets</font></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="22" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font size="2" face="Arial">$</font></b></td>
    <td WIDTH="119" VALIGN="BOTTOM" HEIGHT="22" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font size="2" face="Arial">&nbsp;2,515.2</font></b></td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="22" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="22" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial">$</font></td>
    <td WIDTH="82" VALIGN="BOTTOM" HEIGHT="22" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial">2,378.4</font></td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="117" VALIGN="BOTTOM" HEIGHT="21">
      <p></p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="80" VALIGN="BOTTOM" HEIGHT="21">
      <p></p>
    </td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>Total assets by segment</font></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="117" VALIGN="BOTTOM" HEIGHT="21">
      <p></p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="80" VALIGN="BOTTOM" HEIGHT="21">
      <p></p>
    </td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Civil Simulation and Training</font></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="117" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">1,530.5</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="80" VALIGN="BOTTOM" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">1,380.9</font></td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Military Simulation and Training</font></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="117" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">467.3</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="80" VALIGN="BOTTOM" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">444.4</font></td>
  </tr>
  <tr>
    <td WIDTH="401" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21" style="border-bottom-style: solid; border-bottom-width: 2"><font FACE="Arial" SIZE="2">
      &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Marine Controls</font></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="119" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font FACE="Arial" SIZE="2">225.7</font></b></td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21" style="border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="82" VALIGN="BOTTOM" HEIGHT="21" style="border-bottom-style: solid; border-bottom-width: 2" align="right"><font FACE="Arial" SIZE="2">165.3</font></td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="117" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="80" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>Additions and adjustments to goodwill</font></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="117" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="80" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Civil Simulation and Training</font></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="117" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(7.0)</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" HEIGHT="21">
      <p></p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="80" VALIGN="BOTTOM" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">219.0</font></td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Military Simulation and Training</font></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="117" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" HEIGHT="21">
      <p></p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="80" VALIGN="BOTTOM" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">94.3</font></td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Marine Controls</font></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="117" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">(1.8)</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" HEIGHT="21">
      <p></p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="80" VALIGN="BOTTOM" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">40.4</font></td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="22" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="22" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font FACE="Arial" SIZE="2">$</font></b></td>
    <td WIDTH="117" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="22" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font FACE="Arial" SIZE="2">(8.8)</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="22" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="22" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font FACE="Arial" SIZE="2">$</font></td>
    <td WIDTH="80" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="22" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font FACE="Arial" SIZE="2">353.7</font></td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>Additions and adjustments to intangible assets</font></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="117" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="80" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Civil Simulation and Training</font></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="117" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" HEIGHT="21">
      <p></p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="80" VALIGN="BOTTOM" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">145.1</font></td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Military Simulation and Training</font></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="117" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" HEIGHT="21">
      <p></p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="80" VALIGN="BOTTOM" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">2.5</font></td>
  </tr>
  <tr>
    <td WIDTH="399" VALIGN="BOTTOM" COLSPAN="4" BGCOLOR="#ffffff" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Marine Controls</font></td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="117" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">7.2</font></b></td>
    <td WIDTH="16" VALIGN="BOTTOM" HEIGHT="21">
      <p></p>
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="21">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="80" VALIGN="BOTTOM" HEIGHT="21"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">18.4</font></td>
  </tr>
  <tr>
    <td WIDTH="25" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="22" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="22" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="17" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="22" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="333" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="22" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="22" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial"><b>$</b></font></td>
    <td WIDTH="117" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="22" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial"><b>7.2</b></font></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="22" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="22" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial">$</font></td>
    <td WIDTH="80" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="22" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial">166.0</font></td>
  </tr>
</table>
<font FACE="Arial" SIZE="2">
<p ALIGN="right" style="margin-top: 0">&nbsp;</p>
</font><font FACE="Times">
<hr>
<p ALIGN="RIGHT" style="margin-top: 0">&nbsp;</p>
</font>
<table BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="625">
  <tr>
    <td WIDTH="240" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p style="margin-top: 0">&nbsp;</p>
    </td>
    <td WIDTH="172" VALIGN="BOTTOM" COLSPAN="5" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER" style="margin-top: 0">three months ended</font></b></td>
    <td WIDTH="207" VALIGN="BOTTOM" COLSPAN="6" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER" style="margin-top: 0">six months ended</font></b></td>
  </tr>
  <tr>
    <td WIDTH="240" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="172" VALIGN="BOTTOM" COLSPAN="5" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">December 31</font></b></td>
    <td WIDTH="207" VALIGN="BOTTOM" COLSPAN="6" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">December 31</font></b></td>
  </tr>
  <tr>
    <td WIDTH="240" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p><font size="2" face="Arial">Business Segments (continued)</font></p>
    </td>
    <td WIDTH="172" VALIGN="BOTTOM" COLSPAN="5" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">(unaudited)</font></b></td>
    <td WIDTH="207" VALIGN="BOTTOM" COLSPAN="6" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="CENTER">(unaudited)</font></b></td>
  </tr>
  <tr>
    <td WIDTH="242" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="63" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font size="2" face="Arial"><b>2002</b></font></td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="64" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font size="2" face="Arial">2001</font></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="17" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="69" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font size="2" face="Arial"><b>2002</b></font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="32" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right">
      &nbsp;
    </td>
    <td WIDTH="71" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-bottom-style: solid; border-bottom-width: 1" align="right"><font size="2" face="Arial">2001</font></td>
  </tr>
  <tr>
    <td WIDTH="240" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p>Capital expenditures</font></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="61" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="15" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="67" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="69" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td WIDTH="240" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
        <font FACE="Arial" SIZE="2">
        <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Civil Simulation and Training
      </font></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="61" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">43.3</font></b></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">63.9</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="15" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="67" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">159.6</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="69" VALIGN="BOTTOM" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">162.1</font></td>
  </tr>
  <tr>
    <td WIDTH="240" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
        <font FACE="Arial" SIZE="2">
        <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Military Simulation and Training
      </font></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="61" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">0.9</font></b></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">2.3</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="15" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="67" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">4.6</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="69" VALIGN="BOTTOM" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">9.8</font></td>
  </tr>
  <tr>
    <td WIDTH="240" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
        <font FACE="Arial" SIZE="2">
        <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Marine Controls
      </font></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="61" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">7.8</font></b></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">12.3</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="15" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="67" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">18.7</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="69" VALIGN="BOTTOM" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">15.1</font></td>
  </tr>
  <tr>
    <td WIDTH="242" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2">
      &nbsp;
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial"><b>$</b></font></td>
    <td WIDTH="63" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      <p align="right"><font size="2" face="Arial"><b>52.0</b></font></td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial">$</font></td>
    <td WIDTH="64" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial">78.5</font></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="17" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial"><b>$</b></font></td>
    <td WIDTH="69" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial"><b>182.9</b></font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="32" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial">$</font></td>
    <td WIDTH="71" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial">187.0</font></td>
  </tr>
  <tr>
    <td WIDTH="240" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p>Amortization of property, plant and equipment</font></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="61" VALIGN="BOTTOM" HEIGHT="20">
      <p></p>
    </td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="62" VALIGN="BOTTOM" HEIGHT="20">
      <p></p>
    </td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="15" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="67" VALIGN="BOTTOM" HEIGHT="20">
      <p></p>
    </td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="69" VALIGN="BOTTOM" HEIGHT="20">
      <p></p>
    </td>
  </tr>
  <tr>
    <td WIDTH="240" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
        <font FACE="Arial" SIZE="2">
        <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Civil Simulation and Training
      </font></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="61" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">8.5</font></b></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">6.4</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="15" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="67" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">26.3</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="69" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">13.9</font></td>
  </tr>
  <tr>
    <td WIDTH="240" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
        <font FACE="Arial" SIZE="2">
        <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Military Simulation and Training
      </font></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="61" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">2.6</font></b></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">3.5</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="15" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="67" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">8.3</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="69" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">8.7</font></td>
  </tr>
  <tr>
    <td WIDTH="240" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
        <font FACE="Arial" SIZE="2">
        <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Marine Controls
      </font></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="61" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">0.7</font></b></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">0.2</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="15" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="67" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">2.2</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="69" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">1.0</font></td>
  </tr>
  <tr>
    <td WIDTH="242" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font size="2" face="Arial">$</font></b></td>
    <td WIDTH="63" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font size="2" face="Arial">11.8</font></b></td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial">$</font></td>
    <td WIDTH="64" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial">10.1</font></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="17" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font size="2" face="Arial">$</font></b></td>
    <td WIDTH="69" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font size="2" face="Arial">36.8</font></b></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="32" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial">$</font></td>
    <td WIDTH="71" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial">23.6</font></td>
  </tr>
  <tr>
    <td WIDTH="240" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p>Amortization of intangible assets</font></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="61" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="15" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="67" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="69" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td WIDTH="240" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
        <font FACE="Arial" SIZE="2">
        <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Civil Simulation and Training
      </font></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="61" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">1.9</font></b></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="15" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="67" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">5.7</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" HEIGHT="20">
      <p></p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="69" VALIGN="BOTTOM" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></td>
  </tr>
  <tr>
    <td WIDTH="240" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
        <font FACE="Arial" SIZE="2">
        <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Military Simulation and Training
      </font></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="61" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="15" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="67" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" HEIGHT="20">
      <p></p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="69" VALIGN="BOTTOM" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></td>
  </tr>
  <tr>
    <td WIDTH="240" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
        <font FACE="Arial" SIZE="2">
        <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Marine Controls
      </font></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="61" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">0.5</font></b></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="15" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="67" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">1.6</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" HEIGHT="20">
      <p></p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="69" VALIGN="BOTTOM" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></td>
  </tr>
  <tr>
    <td WIDTH="242" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font size="2" face="Arial">$</font></b></td>
    <td WIDTH="63" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial"><b>2.4</b></font></td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial">$</font></td>
    <td WIDTH="64" VALIGN="BOTTOM" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial">-</font></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="17" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font size="2" face="Arial">$</font></b></td>
    <td WIDTH="69" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial"><b>7.3</b></font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="32" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial">$</font></td>
    <td WIDTH="71" VALIGN="BOTTOM" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial">-</font></td>
  </tr>
  <tr>
    <td WIDTH="240" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p>Amortization of other assets</font></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="61" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="15" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="67" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="69" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td WIDTH="240" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
        <font FACE="Arial" SIZE="2">
        <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Civil Simulation and Training
      </font></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="61" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">2.5</font></b></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="15" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="67" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">5.3</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="69" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></td>
  </tr>
  <tr>
    <td WIDTH="240" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
        <font FACE="Arial" SIZE="2">
        <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Military Simulation and Training
      </font></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="61" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">0.8</font></b></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="15" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="67" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">1.2</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="69" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></td>
  </tr>
  <tr>
    <td WIDTH="240" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
        <font FACE="Arial" SIZE="2">
        <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Marine Controls
      </font></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="61" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></b></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="15" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="67" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="69" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">-</font></td>
  </tr>
  <tr>
    <td WIDTH="242" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font FACE="Arial" SIZE="2">
      $</font></b></td>
    <td WIDTH="63" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font FACE="Arial" SIZE="2">3.3</font></b></td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font FACE="Arial" SIZE="2">$</font></td>
    <td WIDTH="64" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font FACE="Arial" SIZE="2">-</font></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="17" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font FACE="Arial" SIZE="2">$</font></b></td>
    <td WIDTH="69" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font FACE="Arial" SIZE="2">6.5</font></b></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="32" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font FACE="Arial" SIZE="2">
      $</font></td>
    <td WIDTH="71" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font FACE="Arial" SIZE="2">-</font></td>
  </tr>
  <tr>
    <td WIDTH="321" VALIGN="BOTTOM" COLSPAN="3" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p>Revenue from external customers based on their location</font></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="15" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="67" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="69" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
  </tr>
  <tr>
    <td WIDTH="240" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
        <font FACE="Arial" SIZE="2">
        <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Canada
      </font></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="61" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">23.5</font></b></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">27.2</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="15" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></b></td>
    <td WIDTH="67" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">64.1</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">$</font></td>
    <td WIDTH="69" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">81.7</font></td>
  </tr>
  <tr>
    <td WIDTH="240" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
        <font FACE="Arial" SIZE="2">
        <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United States
      </font></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="61" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">86.3</font></b></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">65.8</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="15" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="67" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">249.9</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="69" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">240.0</font></td>
  </tr>
  <tr>
    <td WIDTH="240" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
        <font FACE="Arial" SIZE="2">
        <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United Kingdom
      </font></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="61" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">40.4</font></b></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">30.8</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="15" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="67" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">117.0</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="69" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">92.0</font></td>
  </tr>
  <tr>
    <td WIDTH="240" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
        <font FACE="Arial" SIZE="2">
        <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Germany
      </font></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="61" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">35.3</font></b></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">31.1</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="15" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="67" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">76.3</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="69" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">68.7</font></td>
  </tr>
  <tr>
    <td WIDTH="240" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
        <font FACE="Arial" SIZE="2">
        <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other European countries
      </font></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="61" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">38.2</font></b></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">58.5</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="15" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="67" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">111.3</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="69" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">124.0</font></td>
  </tr>
  <tr>
    <td WIDTH="240" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
        <font FACE="Arial" SIZE="2">
        <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other countries
      </font></td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="61" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">66.6</font></b></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="14" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="62" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">66.5</font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="15" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="67" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><b><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">199.7</font></b></td>
    <td WIDTH="7" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="30" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20">
      <p>&nbsp;</p>
    </td>
    <td WIDTH="69" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20"><font FACE="Arial" SIZE="2">
      <p ALIGN="RIGHT">170.8</font></td>
  </tr>
  <tr>
    <td WIDTH="242" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="18" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font face="Arial" size="2">$</font></b></td>
    <td WIDTH="63" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font face="Arial" size="2">290.3</font></b></td>
    <td WIDTH="13" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="16" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font face="Arial" size="2">
      $</font></td>
    <td WIDTH="64" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial">279.9</font></td>
    <td WIDTH="11" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="17" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><b><font face="Arial" size="2">$</font></b></td>
    <td WIDTH="69" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial"><b>818.3</b></font></td>
    <td WIDTH="9" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right">
      &nbsp;
    </td>
    <td WIDTH="32" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font face="Arial" size="2">
      $</font></td>
    <td WIDTH="71" VALIGN="BOTTOM" BGCOLOR="#ffffff" HEIGHT="20" style="border-top-style: solid; border-top-width: 1; border-bottom-style: solid; border-bottom-width: 2" align="right"><font size="2" face="Arial">777.2</font></td>
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