of Financial Position

Consolidated Statements of Financial Position

As at (in thousands of Canadian dollars)

Assets

Current

Cash Trade and other receivables Contract assets Inventory Deposits on inventory Lease receivables Income taxes receivable Prepaid expenses Derivative financial assets

Non-Current

Rental equipment Property, plant and equipment Right-of-use assets Lease receivables Goodwill and intangible assets Deferred tax assets

Total assets

Liabilities And Shareholders’ Equity

Current

Bank indebtedness Accounts payable and accrued liabilities Contract liabilities Dividends payable Income taxes payable Lease liabilities Derivative financial liabilities

Non-Current

Deferred tax liabilities Employee benefits Derivative financial liabilities Other liabilities Lease liabilities Debentures Long-term debt

Total liabilities

Shareholders’ Equity

Share capital Contributed surplus Retained earnings Accumulated other comprehensive loss Total shareholders’ equity Total liabilities and shareholders’ equity

Contingencies – see Note 26 The accompanying Notes to Consolidated Financial Statements are an integral part of these statements. December 31 Note 2019 2018

$ 3,180 $ — 6 238,194 206,257 7 23,318 30,307 8 414,928 365,997 8 37,513 13,445 13 617 —

17

3,166 — 6,110 7,190 484 1,635 727,510 624,831

9 77,020 73,716 9 42,139 59,017 10 117,091 13 1,714 — 11 79,572 73,685 17 48 —

317,584 206,418 $1,045,094 $ 831,249

$ — $ 3,932 12 287,656 252,958 7 7,230 8,291 18 5,003 4,989 — 12,173 13 20,706 4,622 17 2,849 3,167 $ 323,444 $ 290,132

24 3,787 1,209 14 9,144 8,445 17 4,190 5,036 1,602 2,214 13 106,424 9,127 15 54,115 — 16 225,573 218,116 404,835 244,147 728,279 534,279

18 181,075 180,369 7,165 7,360 130,961 110,842 (2,386) (1,601) 316,815 296,970 $1,045,094 $ 831,249