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## NOTE 11. EQUITY ACCOUNTED INVESTMENTS 

(A) Equity Accounted Investments 

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(1) Under the limited partnership agreement, Capstone has the option to acquire an additional 1% interest in Glen Dhu from November 2017 to November 2018 at a price based on a predetermined calculation. 

(2) Others include Capstone's investment in Fitzpatrick, MLTCLP, SPWC and Chapais. (December 31, 2012 - MLTCLP and Chapais) 

Each equity accounted investment is subject to a shareholder or limited partnership agreement that governs distributions from these investments. 

In addition, distributions must also comply with the respective debt agreements. See note 8 for detail on loans receivable with Värmevärden, MLTCLP and Chapais. 

The changes in the Corporation’s total equity accounted investments for the years ended were as follows: 

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## (B) Summarized Information for Equity Accounted Investments 

The Corporation has summarized the information of its equity accounted investments at their gross values as follows: 

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Capstone received distributions of $3,127 (2012 - $2,001) from Värmevärden and $878 (2012 - nil) from Glen Dhu, were received in 2013. 

