CFPSA FINANCIAL OVERVIEW - Financial Highlights - Fiscal Year 2001/02

FINANCIAL HEALTH   As at Feb-02 As at Feb-01 Assets $46,860,137 $44,273,285 Liabilities $19,452,248 $17,366,276 Net Worth $27,407,889 $26,907,009        OPERATING HIGHLIGHTS   FY 2001/02 FY 2000/01 Sales $122,471,014 $116,523,502 Income from Operations $6,053,615 $6,403,372 Payments to Base/Wing/Unit Funds $4,278,422 $3,584,280 Extraordinary Items -$1,257,000 $0 Earnings $518,193 $2,819,092 Investment in Store Modernization $3,107,271 $3,553,972

FINANCIAL HEALTH   As at Feb-02 As at Feb-01 Assets $148,934,005 $162,104,154 Liabilities $48,814,697 $53,247,536 Net Worth $100,119,308 $108,856,618        OPERATING HIGHLIGHTS   FY 2001/02 FY 2000/01 Revenues $46,769,435 $50,140,596 Expenses $55,506,745 $43,441,502 Net Income/(Loss) -$8,737,310 $6,699,094   Services Re-imbursed by the Public $37,171,545 $30,768,105 Disbursements/Grants to Unit $4,753,372 $4,611,603

FINANCIAL HEALTH   As at Feb-02 As at Feb-01 Assets $15,099,186 $14,975,260 Liabilities $51,186 $112,917 Net Worth $15,048,000 $14,862,343        OPERATING HIGHLIGHTS   FY 2001/02 FY 2000/01 Revenues $910,910 $874,115 Expenses $725,253 $889,058 Net Income/(Loss) $185,657 -$14,943   Number of Loans Made: Self-Improvement Loans 4,630 4,878 Education Loans 656 581 Distress Loans 207 100 Grants 119 403

FINANCIAL HEALTH   As at 31-Dec-01 As at 31-Dec-00 Assets $15,099,186 $14,975,260 Liabilities $51,186 $112,917 Net Worth $15,048,000 $14,862,343        OPERATING HIGHLIGHTS   FY 2001/02 FY 2000/01 Revenues $46,435,957 $49,828,857 Expenses $29,900,375 $20,536,574 Extraordinary Items -$20,854,270 $5,665,040 Net Income/(Loss) -$4,318,688 $34,957,323   Premiums Collected $29,836,500 $27,955,794 Claims Paid $21,965,634 $18,352,307

FINANCIAL HEALTH   As at 31-Dec-01 As at 31-Dec-00 Assets $322,378,611 $291,212,146 Liabilities $289,496,779 $271,071,630 Net Worth $32,881,832 $20,140,516        OPERATING HIGHLIGHTS   FY 2001/02 FY 2000/01 Revenues $62,367,263 $59,763,125 Expenses $50,025,885 $68,924,098 Extraordinary Items $399,939 $27,229,818 Net Income/(Loss) $12,741,317 $18,068,845   Premiums Collected $43,224,163 $41,208,847 Claims Paid $23,747,243 $17,903,153

Note: For copies of audited financial statements please visit our CFPSA web site at www.cfpsa.com or contact our Chief Financial Officer at (613) 995-7911.