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All financial and non-financial derivatives are designated as fair value through net earnings or loss upon their initial recognition.
---------------------------------------------------------------------------- Current Long-term Current Long-termDescription Assets Assets Liabilities Liabilities----------------------------------------------------------------------------Natural gas financial swaps -AECO 0.3 - 17.6 10.3Energy Services electricity swaps 0.2 - 3.6 3.3Foreign currency forward contracts, net sale 5.2 2.0 1.3 8.8Foreign currency forward contracts, balance sheet- related 0.6 0.6 - -Interest rate swaps 2.6 7.4 0.2 0.1Equity derivative contracts 1.5 - - -Debenture-embedded derivative - - - 33.1Energy Services propane wholesale purchase and sale contracts 0.7 - 0.7 -Energy Services butane wholesale purchase and sale contracts 0.1 - 0.1 -Energy Services heating oil purchase and sale contracts 0.1 - 0.1 -Energy Services diesel purchase and sale contracts 0.1 - - -Specialty Chemicals fixed-price electricity purchase agreement 0.1 1.6 - ---------------------------------------------------------------------------------------------------------------------------------------------------------As at March 31, 2013 11.5 11.6 23.6 55.6As at December 31, 2012 16.6 12.9 36.5 42.6------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ For the three months For the three months ended ended March 31, 2013 March 31, 2012 Realized Unrealized Realized UnrealizedDescription gain (loss) gain (loss) gain (loss) gain (loss)----------------------------------------------------------------------------Natural gas financial swaps - AECO (7.7) 14.5 (14.5) (2.6)Energy Services electricity swaps (1.6) 3.6 (3.7) (6.8)Foreign currency forward contracts, net sale 0.1 (13.6) 1.5 6.8Foreign currency forward contracts, balance sheet-related - 1.0 - (0.3)Interest rate swaps - 0.3 - (2.7)Equity derivative contracts - 1.0 - -Energy Services propane wholesale purchase and sale contracts - (1.0) - -Energy Services propane purchase and sale contracts - 0.4 - -Energy Services butane wholesale purchase and sale contracts - 0.2 - -Energy Services heating oil purchase and sale contracts 0.7 0.2 (2.2) 1.1Energy Services diesel purchase and sale contracts - 0.1 - -Specialty Chemicals fixed-price power purchase agreements - 0.1 (0.7) -----------------------------------------------------------------------------Total (losses) gains on financial and non- financial derivatives (8.5) 6.8 (19.6) (4.5)--------------------------------------------------------------------------------------------------------------------------------------------------------Foreign currency translation of senior secured notes - (1.8) - 2.2Change in fair value of debenture embedded derivative - (13.3) - (0.1)----------------------------------------------------------------------------Total realized and unrealized losses (8.5) (8.3) (19.6) (2.4)----------------------------------------------------------------------------
