DBCO's tax loss carried forward is on page F19 of the 10K (in thousands):
At September 30, 1997, the Company had unused net operating losses
carried forward for income tax purposes which expire as follows:
UNITED STATES CANADA
FEDERAL FEDERAL
$ $
(CDN)
1998 7,826
2005 160 1999 1,746
2006 1,298 2000 5,426
2007 3,541 2001 20,449
2008 1,491 2002 53,639
2011 1,657 2003 14,450
2012 6,256 2004 21,562
--------------------------------------------------
14,403 125,098
The benefit of these losses has been partly recognized in the Company's books. For financial reporting purposes, a valuation allowance of $31,888 ($20,403 in 1996) has been recognized to offset the deferred tax assets relating to the net operating losses carried forward. |
