content_image/138516.jpg content_image/138515.jpg content_image/138514.jpg
## 20. INCOmE TAx ExPENSE 

The major components of income tax expense (recovery) for the fifty-two week periods ended December 31, 2011 and January 1, 2011 were as follows: 

## Consolidated income statement 

<img src='content_image/138516.jpg'>

## Consolidated statement of other comprehensive loss 

<img src='content_image/138515.jpg'>

A reconciliation between tax expense and the product of accounting profit multiplied by the Company’s statutory tax rate for the fifty-two week periods ended December 31, 2011 and January 1, 2011 are as follows: 

<img src='content_image/138514.jpg'>

During the year the Company’s statutory rate declined by approximately 1.8% primarily as a result of previously enacted tax rate reductions. 

