Question: Tim Hortons Inc. reported the following changes to its shareholders' equity accounts (in thousands) for the year ended January 2, 2011. Additional information: Tim Hortons

Tim Hortons Inc. reported the following changes to its shareholders' equity accounts (in thousands) for the year ended January 2, 2011.

Additional information: Tim Hortons has an unlimited number of common shares authorized with a stated value of $2.84 per share. The number of shares issued is shown in parentheses in the share capital section of the above table, and are also in thousands.
Instructions
(a) Prepare a statement of changes in equity for the year ended January 2, 2011.
(b) Prepare the shareholders' equity section of the statement of financial position at January 2, 2011.

Accumulated other comprehensive loss: Share capital: Balance, Jan. 3, 2010 Balance, Jan. 2, 2011 Other comprehensive loss $ 120,06 Balance, Jan. 3, 2010 (177,040) 143,589 Balance, Jan. 2, 2011 (170,386) 23,528 Reacqtion of shares (6,746) Shares issued (92) $493,435 474,508 (22,074) 3,147 Retained earnings: Balance, Jan. 3, 2010 Balance, Jan. 2, 2011 Profit Dividends Reacquisition of common shares Other 796,235 1,105,882 623,959 (90,304) (223,773) (235)

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