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## 6. PROPERTy, PlANTAND EQUIPmENT 

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*(note 26 (c) (ix)) please refer to note 19 for additional information related to depreciation expense. 

## 7. EQUITyACCOUNTED INVESTEE 

These consolidated financial statements include the Company’s share of the income/loss from its 50% interest in its joint venture, HighKan Holdings Limited (“HighKan”), using equity method accounting. HighKan is a holding company with an 80% controlling interest in Dencan Seafood Ltd., which operates in the business of processing frozen seafood products. In fiscal 2010 and 2011 the Company has not received a dividend from its investment. The Company has no share of any contingent liabilities or capital commitments as at December 31, 2011 or as at January 1, 2011. 

Summary financial information not adjusted for the ownership held by the Company is as follows: 

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