Access the financial statements of Loblaw Companies Limited for its year ended January 3, 2015. The statements are available on the company's website or SEDAR (www.sedar.com).

Instructions
(a) Loblaw's balance sheet reports an item entitled "Capital Securities." How are these securities classified on the balance sheet? How would they be classified legally? Describe the features of these securities, indicate how much the shares were originally issued for, how the company measures and reports them, and what their balances are at January 3, 2015 and December 28, 2013. Explain why the company measured and presented them as it did, and why there is a difference in the amount reported from one year to the next.
(b) How much was paid in dividends on these shares during 2014? How was the cost of these dividends reported?
(c) Identify the measurement methods used by Loblaw in preparing its financial statements, indicating what is measured under each method identified.
(d) Identify what financial instruments are accounted for at fair value, and the type of information that is provided about them. Are financial instruments significant to an interpretation of Loblaw's financial position and results? Explain.