Sun-Rype Products Limited is a manufacturer and marketer of juice-based beverages and fruit-based snacks based in the fruit-growing district of British Columbia but with sales across Canada. Appearing below is an excerpt from the Sun-Rype notes to the consolidated financial statements for the years ended December 31, 2011 and 2010. Sun-Rype reports under IFRS. This chapter discussed disclosure requirements under ASPE. Compare Sun- Rype's reporting below with a company reporting similar information under ASPE.

During 2011, the Company received secured bank loan advances of US$9.0 million to fund business acquisition payments and $2.4 million to fund capital expenditures.

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Note 11 (c) Bank term loans (all amounts in thousands of Canadian dollars) Annual principal payments required US$1,480 January 1 2010 Currency Interest rate Dec. 31, 2011 Dec. 31,2010 Term loan US dollar Bank prime lending rate plus 0.5% (3.75% at December 31, 2011) Bank prime lending rate plus 0.5% (3.5% at December 31, 2011) Bank prime lending rate plus 0.5% $14,035 $5,470 Term loan Canadian dollar $486 2,308 Term loan Canadian dollar $1,500 4,750 4,750 Balance outstanding Current portion Non-current portion 16,343 5,470 547 1,961 $14,382 1,500 $4,923 $3,250