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## 14. OTHER OPERATING LOSSES (INCOME) 

<img src='content_image/185196.jpg'>

## 15. FINANCE COSTS 

<img src='content_image/185197.jpg'>

## 16. INCOME TAXES 

## A) NON-CAPITAL LOSSES 

The Company has accumulated non-capital losses carried forward for federal income tax purposes of approximately $13,650,200 and for provincial income tax purposes of approximately $13,497,500, the benefit of which has not been reflected in these consolidated financial statements. These losses may be applied against future taxable income within the limitations prescribed by the Income Tax Act and expire as follows: 

<img src='content_image/185195.jpg'>

## B) CAPITAL LOSSES 

The Company has accumulated capital losses of approximately $6,807,000, which can be carried forward indefinitely to offset future capital gains. 

