The liabilities and shareholders' equity items (in thousands) that follow were taken from the March 31, 2012, balance sheet for Saputo Inc.:

Accounts payable and accrued liabilities.....................................$ 571,814

Bank loans payable (current) .....................................................166,631

Common shares.....................................................................629,606

Deferred income taxes payable (non-current) ..................................156,632

Income taxes payable...............................................................163,996

Long-term debt........................................................................379,875

Other long-term liabilities..............................................................54,486

Retained earnings.....................................................................1,467,108

Instructions

Prepare the liabilities and shareholders' equity sections of the statement of fi nancial position.