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## 11. INTANGIBLE ASSETS: 

## Notes to CoNsolidated FiNaNCial statemeNts 

(In thousands of dollars except as noted and per share amounts) 

<img src='content_image/199195.jpg'>

## 12. OTHER ASSETS: 

<img src='content_image/199196.jpg'>

 Deferred financing charges represent the fees and costs related to the negotiation of the 5-year Credit Agreement. Borrowings under the revolving credit facility are short-term in nature and can be repaid at any time. Therefore, deferred financing charges are presented separately and not applied against the debt (see note 15). These fees are amortized over five years, the term of the Credit Agreement. 

