Corporate

Workplace Safety & Prevention Services Notes to Financial Statements March 31, 2017 5 CAPITAL ASSETS March 31, 2017 December 31, 2015 Cost $ Accumulated amortization $ Net $ Net $ Computer software 906,749 906,749 — — Office equipment 998,294 998,294 — — Computer equipment 767,663 767,663 — — Furniture 823,883 823,883 — — Leasehold improvements 2,804,623 2,128,198 676,425 892,590 6,301,212 5,624,787 676,425 892,590 6 GOVERNMENT REMITTANCES Included in accounts payable and accrued liabilities are government remittances including federal and provincial sales tax, payroll withholdings and related tax of $232,915 (2015 – $133,674). 7 ATTENDANCE CREDITS AND EXIT BENEFITS PAYABLE Attendance credits payable Prior to January 1, 1991, the former IAPA and prior to January 1, 2001, the former FSA participated in the WSIB Attendance Credits Plan under which certain employees, based on their accumulated attendance credit days, were provided with payment on retirement or separation. Commencing January 1, 1991, the former IAPA and commencing January 1, 2001, the former FSA were required to discontinue their participation in the WSIB Attendance Credits Plan. Due to past funding arrangements between these corporations and WSIB, it has been agreed WSIB will assume the full liability for attendance credits earned by employees of the Corporation who commenced employment prior to January 1, 1988 (IAPA) and January 1, 1998 (FSA). The Corporation, however, will be liable for attendance credits earned by employees hired between the aforementioned dates and December 31, 1990. Subsequent to December 31, 1990, employees no longer receive this benefit. As of period end, one employee (2015 – two) is entitled to attendance credit benefits amounting to $2,692 (2015 – $11,434). Exit benefits payable Effective January 1, 1991, the former IAPA implemented an exit benefits plan under which all employees hired prior to July 1, 2006 were eligible to receive payment on retirement or separation equal to one week's salary for each year of service. This plan was discontinued effective January 1, 2009 and employees were given the option of being paid out or deferring payment until their termination. Payouts are based on the current salary at the time of payment. As of period end, eight employees (2015 - ten) are entitled to exit benefits amounting to $184,075 (2015 - $221,587). 322016 | 2017 Annual Report Workplace Safety & Prevention Services

• Cover