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The average VWAP per RSU and PSU granted on during2013 was 4.12 dollars (2012 – 4.01 dollars). As at December 31, 2013, the carrying value of the RSUs and PSUs, based on a market price of 3.56 dollars, was $1,839 and is included in accounts payable and other liabilities in the consolidated statement of financial position (December 31, 2012 – 4.03 dollars and $836). The RSU and PSU compensation expense of $1,004 is recorded as compensation expense in the consolidated statement of income for 2013 (2012 –$721). 

## (C) Employee Share Purchase Plan 

All Canadian employees of Capstone are entitled to participate in the employee share purchase plan where employees can direct up to 15% of their salary to purchase Capstone shares. The Corporation will match 50% of the employee's contribution to maximum of $3 per year. Shares acquired as a matching contribution (including any dividends on those shares) vest after one year of match. 

## NOTE 25. EXPENSES – ANALYSIS BY NATURE 

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## NOTE 26. OTHER GAINS AND LOSSES 

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