Refer to the 2016 financial statements for Canadian Tire Corporation in Appendix C.

Required:

a. What was the amount of equity reported in Canadian Tire’s financial statements as at December 31, 2016? What was this amount comprised of ? Use the same categories that the company reports on its balance sheet.

b. The company had two categories of share capital. What were they and what was the closing balance of each?
c. What were the opening and closing balances of the company’s contributed surplus?

d. What were the opening and closing balances of the company’s accumulated other comprehensive income (loss)? What were the four categories of AOCI reported in Canadian Tire’s financial statements?