HOUSE OF COMMONS
CHAMBRE DES COMMUNES
OTTAWA, CANADA
APPENDIX A
May 11, 2004
Cargill Foods
472 Ave. & Hwy. 2A N.
P.O. Bag 3850
High River, Alberta
T1V 1P4
Mr. Willie Van Solkema:
This is in response to your correspondence of May 10, 2004 requesting clarification of the type of information the Committee requires as well as confidentiality.
As to confidentiality, the Committee has addressed the issue in the motion of April 21, 2004. As regards your request for clarification of information, the Committee has asked its independent accounting professionals to identify the information required, for them to report to the Committee.
They have identified the following:
1. Financial Information of Revenues, Expenditures and Gross and Net Profit margins for Canadian operations by month for 2003 and 2002 (information required for comparative purposes with 2003).
2. Related information as outlined in the notes in the attached template (Annex A).
3. Explanations on the effect of fed steer and heifer market following the announcement of federal-provincial BSE recovery program as far as your specific company is concerned.
Note: That after receipt of the above information, the accounting professionals retained by the Committee may follow-up directly with your designated representatives with any questions they may have.
In order for the Committee to reply to the Order of the House of Commons dated May 6, 2004, the aforementioned information must be received by the Clerk of the Committee by 3:00 p.m. EDT, Wednesday, May 12, 2004.
Yours truly,
Bibiane Ouellette
Clerk of the Committee
May 11, 2004
Better Beef Limited
781 York Road
Guelph, Ontario
N1E 6N1
Mr. Lorne Goldstein:
We are in receipt of your responses to the Committee.
The Committee, with the advice of its independent accounting professionals, has clarified the type of information required as follows:
1. Financial Information of Revenues, Expenditures and Gross and Net Profit margins for Canadian operations by month for 2003 and 2002 (information required for comparative purposes with 2003).
2. Related information as outlined in the notes in the attached template (Annex A).
3. Explanations on the effect of fed steer and heifer market following the announcement of federal-provincial BSE recovery program as far as your specific company is concerned.
Note: That after receipt of the above information, the accounting professionals retained by the Committee may follow-up directly with your designated representatives with any questions they may have.
To the extent that the information already provided does not include all of the above, please forward it to the Clerk of the Committee as soon as possible.
Yours truly,
Bibiane Ouellette
Clerk of the Committee
Financial Information on Revenues, Costs and Profit Margin (Canadian Operations only)
