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## 3. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED): 

(r) New standards and interpretations not yet adopted (continued): 

(iv) IAS 36, I mpairment of assets: 

 The IASB has issued amendments to IAS 36, Impairment of assets , to reverse the unintended requirements in IFRS 13,  Fair Value Measurements , to disclose the recoverable amount of every cash-generating unit to which significant goodwill or indefinite-lived intangible assets have been allocated. Under the amendments, recoverable amount is required to be disclosed only when an impairment loss has been recognized or reversed.The amendments apply retrospectively for annual periods beginning on or after January 1, 2014. The Company intends to adopt the amendment in its consolidated financial statements for the annual period beginning September 28, 2014.The extent of the impact of adoption of IAS 36, Impairment of assets , on the consolidated financial statements of the Company has not yet been determined. 

(v) IFRS 9, Financial instruments: 

IFRS 9 is a new standard which will ultimately replace IAS 39, Financial Instruments: Recognition and Measurement , with a proposed single model for only two classification categories: amortized cost and fair value.This standard becomes mandatory for the years commencing on or after January 1, 2015 with earlier application permitted. The extent of the impact of adoption of IAS 39, Financial Instruments: Recognition and Measurement  on the consolidated financial statements of the Company has not yet been determined. 

## 4. DEPRECIATION AND AMORTIZATION EXPENSES: 

Depreciation and amortization expenses were charged to the consolidated statements of earnings as follows: 

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