Look at North West's statement of financial position (which it calls "balance sheet"). Identify its total assets, total liabilities, and total shareholders' equity as at (1) January 31, 2016, and (2) January 31, 2015. (2) (1) January 31, 2016 ($ in thousands) January 31, 2015 Total assets LA $ Total liabilities LA Total shareholders' equity $ $ Consolidated Balance Sheets January 31, 2016 January 31, 2015 ($ in thousands) CURRENT ASSETS Cash Accounts receivable (Note 5) Inventories (Note 6) Prepaid expenses $ 37,243 79,373 211,736 7,229 335,581 $ 29,129 72,506 204,812 9,393 315,840 NON-CURRENT ASSETS Property and equipment (Note 7) Goodwill (Note 8) Intangible assets (Note 8) Deferred tax assets (Note 9) Other assets (Note 10) 345,881 37,260 32,610 29,040 13,423 458,214 $ 793,795 311,692 33,653 22,485 28,074 12,555 408,459 $724,299 TOTAL ASSETS CURRENT LIABILITIES Accounts payable and accrued liabilities Current portion of long-term debt (Note 11) Income tax payable $ 152,136 $ 138,834 6,271 1,170 146,275 3,365 155,501 NON-CURRENT LIABILITIES Long-term debt (Note 11) Defined benefit plan obligation (Note 12) Deferred tax liabilities (Note 9) Other long-term liabilities 195,125 36,556 225,489 33,853 2,630 18,710 280,682 436,183 2,392 14,668 248,741 395,016 TOTAL LIABILITIES SHAREHOLDERS' EQUITY Share capital (Note 15) Contributed surplus Retained earnings Accumulated other comprehensive income TOTAL EQUITY TOTAL LIABILITIES & EQUITY Approved on behalf of the Board of Directors "Eric L. Stefanson, FCPA, FCA" DIRECTOR 167,910 2,620 156,664 30,418 357,612 $ 793,795 167,460 2,831 140,527 18,465 329,283 $724,299 "H. Sanford Riley" DIRECTOR