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## Pension Costs and Obligations 

Pension costs for defined benefit pension plans are actuarially determined using the projected benefit method pro rated on services. Adjustments to pension costs are amortized to income on a straight-line basis over the expected average remaining service life of pension plan members. Market-related values of pension fund assets are calculated using a five-year moving average of year end market prices. 

## 3. BUSINESS COMBINATIONS AND INVESTMENTS 

During the year, the Company completed a number of acquisitions which are summa- rized below: 

<img src='content_image/85885.jpg'>

(i) These acquisitions were asset purchases. 

