Guarantor Subsidiaries (Tables)

3 Months Ended

Apr. 02, 2016

DSS Group Inc [Member]

Condensed Consolidating Statements of Operations

Condensed Consolidating Statements of Operations

(in millions of U.S. dollars)

Unaudited

	For the Three Months Ended April 2, 2016
							DSS			DSS
	Cott			DS Services of			Guarantor			Non-Guarantor			Elimination
	Corporation			America, Inc.			Subsidiaries			Subsidiaries			Entries			Consolidated
Revenue, net	$	33.8		$	243.1		$	406.8		$	28.5		$	(13.8	)	$	698.4
Cost of sales		29.7			97.4			348.2			22.9			(13.8	)		484.4
Gross profit		4.1			145.7			58.6			5.6			—			214.0
Selling, general and administrative expenses		5.5			137.2			51.6			2.7			—			197.0
Loss (gain) on disposal of property, plant & equipment		—			1.8			(0.9	)		—			—			0.9
Acquisition and integration expenses		—			0.9			0.5			—			—			1.4
Operating (loss) income		(1.4	)		5.8			7.4			2.9			—			14.7
Other (income) expense, net		(1.6	)		(1.0	)		0.4			—			—			(2.2	)
Intercompany interest expense (income), net		—			10.8			(10.8	)		—			—			—
Interest expense, net		0.2			7.4			20.2			—			—			27.8
(Loss) income before income tax (benefit) expense and equity (loss) income		—			(11.4	)		(2.4	)		2.9			—			(10.9	)
Income tax (benefit) expense		—			(4.2	)		(4.9	)		0.1			—			(9.0	)
Equity (loss) income		(3.3	)		—			1.8			—			1.5			—
Net (loss) income	$	(3.3	)	$	(7.2	)	$	4.3		$	2.8		$	1.5		$	(1.9	)
Less: Net income attributable to non-controlling interests		—			—			—			1.4			—			1.4
Net (loss) income attributed to Cott Corporation	$	(3.3	)	$	(7.2	)	$	4.3		$	1.4		$	1.5		$	(3.3	)
Comprehensive (loss) income attributed to Cott Corporation	$	(5.9	)	$	(7.2	)	$	30.8		$	(0.6	)	$	(23.0	)	$	(5.9	)

Condensed Consolidating Statements of Operations

(in millions of U.S. dollars)

Unaudited

	For the Three Months Ended April 4, 2015
							DSS			DSS
	Cott			DS Services of			Guarantor			Non-Guarantor		Elimination
	Corporation			America, Inc.			Subsidiaries			Subsidiaries		Entries			Consolidated
Revenue, net	$	30.0		$	240.3		$	418.3		$	31.4	$	(10.2	)	$	709.8
Cost of sales		27.0			100.4			365.4			25.9		(10.2	)		508.5
Gross profit		3.0			139.9			52.9			5.5		—			201.3
Selling, general and administrative expenses		5.5			137.2			42.7			3.1		—			188.5
Loss on disposal of property, plant & equipment		—			1.1			0.3			—		—			1.4
Acquisition and integration expenses		—			3.0			1.7			—		—			4.7
Operating (loss) income		(2.5	)		(1.4	)		8.2			2.4		—			6.7
Other (income) expense, net		(10.5	)		(0.2	)		0.2			0.1		—			(10.4	)
Intercompany interest (income) expense, net		(3.0	)		10.9			(7.9	)		—		—			—
Interest expense, net		0.1			7.3			20.3			—		—			27.7
Income (loss) before income tax expense (benefit) and equity (loss) income		10.9			(19.4	)		(4.4	)		2.3		—			(10.6	)
Income tax expense (benefit)		1.2			(7.2	)		(3.5	)		0.1		—			(9.4	)
Equity (loss) income		(12.2	)		—			1.4			—		10.8			—
Net (loss) income	$	(2.5	)	$	(12.2	)	$	0.5		$	2.2	$	10.8		$	(1.2	)
Less: Net income attributable to non-controlling interests		—			—			—			1.3		—			1.3
Less: Accumulated dividends on convertible preferred shares		2.7			—			—			—		—			2.7
Less: Accumulated dividends on non-convertible preferred shares		0.8			—			—			—		—			0.8
Net (loss) income attributed to Cott Corporation	$	(6.0	)	$	(12.2	)	$	0.5		$	0.9	$	10.8		$	(6.0	)
Comprehensive (loss) income attributed to Cott Corporation	$	(31.8	)	$	(12.2	)	$	(15.8	)	$	0.6	$	27.4		$	(31.8	)

Consolidating Balance Sheet

Consolidating Balance Sheets

(in millions of U.S. dollars)

Unaudited

	As of April 2, 2016
							DSS			DSS
	Cott			DS Services of			Guarantor			Non-Guarantor			Elimination
	Corporation			America, Inc.			Subsidiaries			Subsidiaries			Entries			Consolidated
ASSETS
Current assets
Cash & cash equivalents	$	4.9		$	20.5		$	25.0		$	4.7		$	—		$	55.1
Accounts receivable, net of allowance		18.4			112.4			239.6			11.2			(61.2	)		320.4
Income taxes recoverable		—			1.8			0.3			0.2			(1.4	)		0.9
Inventories		16.6			27.9			203.8			6.4			—			254.7
Prepaid expenses and other assets		2.1			7.8			10.6			0.4			—			20.9
Total current assets		42.0			170.4			479.3			22.9			(62.6	)		652.0
Property, plant & equipment, net		30.8			371.2			366.1			6.5			—			774.6
Goodwill		21.0			579.2			179.6			—			—			779.8
Intangibles and other assets, net		1.0			395.1			313.0			1.8			—			710.9
Deferred tax assets		10.2			—			44.2			0.2			(44.3	)		10.3
Due from affiliates		393.2			—			544.4			—			(937.6	)		—
Investments in subsidiaries		366.6			—			400.1			—			(766.7	)		—
Total assets	$	864.8		$	1,515.9		$	2,326.7		$	31.4		$	(1,811.2	)	$	2,927.6
LIABILITIES AND EQUITY
Current liabilities
Short-term borrowings	$	30.7		$	—		$	32.1		$	—		$	—		$	62.8
Current maturities of long-term debt		—			—			3.2			0.2			—			3.4
Accounts payable and accrued liabilities		59.3			135.3			280.9			7.8			(62.6	)		420.7
Total current liabilities		90.0			135.3			316.2			8.0			(62.6	)		486.9
Long-term debt		—			388.6			1,135.5			—			—			1,524.1
Deferred tax liabilities		—			93.2			17.0			—			(44.3	)		65.9
Other long-term liabilities		0.5			35.5			34.6			1.2			—			71.8
Due to affiliates		1.1			543.3			365.0			28.2			(937.6	)		—
Total liabilities		91.6			1,195.9			1,868.3			37.4			(1,044.5	)		2,148.7
Equity
Common shares, no par		682.2			355.5			849.9			40.2			(1,245.6	)		682.2
Additional paid-in-capital		50.8			—			—			—			—			50.8
Retained earnings (deficit)		119.0			(35.3	)		(432.3	)		(58.9	)		526.5			119.0
Accumulated other comprehensive
(loss) income		(78.8	)		(0.2	)		40.8			7.0			(47.6	)		(78.8	)
Total Cott Corporation equity		773.2			320.0			458.4			(11.7	)		(766.7	)		773.2
Non-controlling interests		—			—			—			5.7			—			5.7
Total equity		773.2			320.0			458.4			(6.0	)		(766.7	)		778.9
Total liabilities and equity	$	864.8		$	1,515.9		$	2,326.7		$	31.4		$	(1,811.2	)	$	2,927.6

Consolidating Balance Sheets

(in millions of U.S. dollars)

	As of January 2, 2016
							DSS			DSS
	Cott			DS Services of			Guarantor			Non-Guarantor			Elimination
	Corporation			America, Inc.			Subsidiaries			Subsidiaries			Entries			Consolidated
ASSETS
Current assets
Cash & cash equivalents	$	20.8		$	12.8		$	38.4		$	5.1		$	—		$	77.1
Accounts receivable, net of allowance		18.3			122.6			184.6			13.0			(45.2	)		293.3
Income taxes recoverable		—			0.5			0.9			0.2			—			1.6
Inventories		13.0			31.4			199.4			5.6			—			249.4
Prepaid expenses and other assets		2.2			4.8			10.0			0.2			—			17.2
Total current assets		54.3			172.1			433.3			24.1			(45.2	)		638.6
Property, plant & equipment, net		29.7			372.6			360.8			6.7			—			769.8
Goodwill		19.8			579.1			160.7			—			—			759.6
Intangibles and other assets, net		0.8			402.5			305.6			2.8			—			711.7
Deferred tax assets		7.4			—			38.2			0.2			(38.2	)		7.6
Due from affiliates		400.1			—			544.3			—			(944.4	)		—
Investments in subsidiaries		176.3			—			400.0			—			(576.3	)		—
Total assets	$	688.4		$	1,526.3		$	2,242.9		$	33.8		$	(1,604.1	)	$	2,887.3
LIABILITIES AND EQUITY
Current liabilities
Short-term borrowings	$	—		$	—		$	122.0		$	—		$	—		$	122.0
Current maturities of long-term debt		—			—			3.0			0.4			—			3.4
Accounts payable and accrued liabilities		47.6			131.8			295.1			8.3			(45.2	)		437.6
Total current liabilities		47.6			131.8			420.1			8.7			(45.2	)		563.0
Long-term debt		—			390.1			1,135.3			—			—			1,525.4
Deferred tax liabilities		—			97.7			17.0			—			(38.2	)		76.5
Other long-term liabilities		0.5			36.2			38.7			1.1			—			76.5
Due to affiliates		1.0			543.3			371.9			28.2			(944.4	)		—
Total liabilities		49.1			1,199.1			1,983.0			38.0			(1,027.8	)		2,241.4
Equity
Common shares, no par		534.7			355.5			683.1			38.6			(1,077.2	)		534.7
Additional paid-in-capital		51.2			—			—			—			—			51.2
Retained earnings (deficit)		129.6			(28.1	)		(437.5	)		(58.4	)		524.0			129.6
Accumulated other comprehensive (loss) income		(76.2	)		(0.2	)		14.3			9.0			(23.1	)		(76.2	)
Total Cott Corporation equity		639.3			327.2			259.9			(10.8	)		(576.3	)		639.3
Non-controlling interests		—			—			—			6.6			—			6.6
Total equity		639.3			327.2			259.9			(4.2	)		(576.3	)		645.9
Total liabilities and equity	$	688.4		$	1,526.3		$	2,242.9		$	33.8		$	(1,604.1	)	$	2,887.3

Condensed Consolidating Statement of Cash Flows

Consolidating Statements of Condensed Cash Flows

(in millions of U.S. dollars)

Unaudited

	For the Three Months Ended April 2, 2016
							DSS			DSS
	Cott			DS Services of			Guarantor			Non-Guarantor			Elimination
	Corporation			America, Inc.			Subsidiaries			Subsidiaries			Entries			Consolidated
Net cash (used in) provided by operating activities	$	(136.8	)	$	26.1		$	89.7		$	4.7		$	(2.4	)	$	(18.7	)
Investing Activities
Acquisition, net of cash received		(43.2	)		(1.2	)		—			—			—			(44.4	)
Additions to property, plant & equipment		(0.4	)		(16.8	)		(12.0	)		(0.3	)		—			(29.5	)
Additions to intangibles and other assets		(0.1	)		(0.5	)		(1.7	)		—			—			(2.3	)
Proceeds from sale of property, plant & equipment		—			0.1			2.6			—			—			2.7
Net cash used in investing activities		(43.7	)		(18.4	)		(11.1	)		(0.3	)		—			(73.5	)
Financing Activities
Payments of long-term debt		—			—			(1.0	)		(0.1	)		—			(1.1	)
Borrowings under ABL		87.6			—			409.6			—			—			497.2
Payments under ABL		(58.8	)		—			(499.5	)		—			—			(558.3	)
Distributions to non-controlling interests		—			—			—			(2.3	)		—			(2.3	)
Issuance of common shares		144.1			—			—			—			—			144.1
Common shares repurchased and cancelled		(1.1	)		—			—			—			—			(1.1	)
Dividends paid to common shareowners		(7.3	)		—			—			—			—			(7.3	)
Intercompany dividends		—			—			—			(2.4	)		2.4			—
Net cash provided by (used in) financing activities		164.5			—			(90.9	)		(4.8	)		2.4			71.2
Effect of exchange rate changes on cash		0.1			—			(1.1	)		—			—			(1.0	)
Net (decrease) increase in cash & cash equivalents		(15.9	)		7.7			(13.4	)		(0.4	)		—			(22.0	)
Cash & cash equivalents, beginning of period		20.8			12.8			38.4			5.1			—			77.1
Cash & cash equivalents, end of period	$	4.9		$	20.5		$	25.0		$	4.7		$	—		$	55.1

Consolidating Statements of Condensed Cash Flows

(in millions of U.S. dollars)

Unaudited

	For the Three Months Ended April 4, 2015
							DSS			DSS
	Cott			DS Services of			Guarantor			Non-Guarantor			Elimination
	Corporation			America, Inc.			Subsidiaries			Subsidiaries			Entries			Consolidated
Net cash provided by (used in) operating activities	$	4.4		$	0.6		$	(3.6	)	$	1.7		$	(4.2	)	$	(1.1	)
Investing Activities
Additions to property, plant & equipment		(0.3	)		(18.4	)		(8.6	)		—			—			(27.3	)
Additions to intangibles and other assets		—			(1.8	)		(0.3	)		—			—			(2.1	)
Proceeds from sale of property, plant & equipment		—			—			0.4			—			—			0.4
Net cash used in investing activities		(0.3	)		(20.2	)		(8.5	)		—			—			(29.0	)
Financing Activities
Payments of long-term debt		—			—			(0.5	)		(0.3	)		—			(0.8	)
Borrowings under ABL		—			—			94.8			—			—			94.8
Payments under ABL		—			—			(102.8	)		—			—			(102.8	)
Distributions to non-controlling interests		—			—			—			(2.0	)		—			(2.0	)
Proceeds from the exercise of options for common shares, net		0.1			—			—			—			—			0.1
Common shares repurchased and cancelled		(0.7	)		—			—			—			—			(0.7	)
Dividends paid to common and preferred shareowners		(9.0	)		—			—			—			—			(9.0	)
Intercompany dividends		—			—			(2.1	)		(2.1	)		4.2			—
Net cash used in financing activities		(9.6	)		—			(10.6	)		(4.4	)		4.2			(20.4	)
Effect of exchange rate changes on cash		(0.4	)		—			(0.7	)		(0.1	)		—			(1.2	)
Net decrease in cash & cash equivalents		(5.9	)		(19.6	)		(23.4	)		(2.8	)		—			(51.7	)
Cash & cash equivalents, beginning of period		6.2			34.4			38.2			7.4			—			86.2
Cash & cash equivalents, end of period	$	0.3		$	14.8		$	14.8		$	4.6		$	—		$	34.5

Cott Beverages Inc. [Member]

Condensed Consolidating Statements of Operations

Condensed Consolidating Statements of Operations

(in millions of U.S. dollars)

Unaudited

	For the Three Months Ended April 2, 2016
							Cott			Cott
	Cott			Cott			Guarantor			Non-Guarantor			Elimination
	Corporation			Beverages Inc.			Subsidiaries			Subsidiaries			Entries			Consolidated
Revenue, net	$	33.8		$	168.9		$	481.0		$	28.5		$	(13.8	)	$	698.4
Cost of sales		29.7			146.0			299.6			22.9			(13.8	)		484.4
Gross profit		4.1			22.9			181.4			5.6			—			214.0
Selling, general and administrative expenses		5.5			28.1			160.7			2.7			—			197.0
Loss on disposal of property, plant & equipment		—			0.3			0.6			—			—			0.9
Acquisition and integration expenses		—			0.3			1.1			—			—			1.4
Operating (loss) income		(1.4	)		(5.8	)		19.0			2.9			—			14.7
Other income, net		(1.6	)		(0.1	)		(0.5	)		—			—			(2.2	)
Intercompany interest (income) expense, net		—			(11.4	)		11.4			—			—			—
Interest expense, net		0.2			20.1			7.5			—			—			27.8
(Loss) income before income tax (benefit) expense and equity (loss) income		—			(14.4	)		0.6			2.9			—			(10.9	)
Income tax (benefit) expense		—			(5.6	)		(3.5	)		0.1			—			(9.0	)
Equity (loss) income		(3.3	)		1.5			0.3			—			1.5			—
Net (loss) income	$	(3.3	)	$	(7.3	)	$	4.4		$	2.8		$	1.5		$	(1.9	)
Less: Net income attributable to non-controlling interests		—			—			—			1.4			—			1.4
Net (loss) income attributed to Cott Corporation	$	(3.3	)	$	(7.3	)	$	4.4		$	1.4		$	1.5		$	(3.3	)
Comprehensive (loss) income attributed to Cott Corporation	$	(5.9	)	$	(7.4	)	$	31.0		$	(0.6	)	$	(23.0	)	$	(5.9	)

Condensed Consolidating Statements of Operations

(in millions of U.S. dollars)

Unaudited

	For the Three Months Ended April 4, 2015
							Cott			Cott
	Cott			Cott			Guarantor			Non-Guarantor		Elimination
	Corporation			Beverages Inc.			Subsidiaries			Subsidiaries		Entries			Consolidated
Revenue, net	$	30.0		$	170.0		$	488.6		$	31.4	$	(10.2	)	$	709.8
Cost of sales		27.0			145.8			320.0			25.9		(10.2	)		508.5
Gross profit		3.0			24.2			168.6			5.5		—			201.3
Selling, general and administrative expenses		5.5			23.8			156.1			3.1		—			188.5
Loss on disposal of property, plant & equipment		—			0.3			1.1			—		—			1.4
Acquisition and integration expenses		—			1.5			3.2			—		—			4.7
Operating (loss) income		(2.5	)		(1.4	)		8.2			2.4		—			6.7
Other (income) expense, net		(10.5	)		—			—			0.1		—			(10.4	)
Intercompany interest (income) expense, net		(3.0	)		(12.2	)		15.2			—		—			—
Interest expense, net		0.1			20.1			7.5			—		—			27.7
Income (loss) before income tax expense (benefit) and equity (loss) income		10.9			(9.3	)		(14.5	)		2.3		—			(10.6	)
Income tax expense (benefit)		1.2			(4.6	)		(6.1	)		0.1		—			(9.4	)
Equity (loss) income		(12.2	)		1.4			—			—		10.8			—
Net (loss) income	$	(2.5	)	$	(3.3	)	$	(8.4	)	$	2.2	$	10.8		$	(1.2	)
Less: Net income attributable to non-controlling interests		—			—			—			1.3		—			1.3
Less: Accumulated dividends on convertible preferred shares		2.7			—			—			—		—			2.7
Less: Accumulated dividends on non-convertible preferred shares		0.8			—			—			—		—			0.8
Net (loss) income attributed to Cott Corporation	$	(6.0	)	$	(3.3	)	$	(8.4	)	$	0.9	$	10.8		$	(6.0	)
Comprehensive (loss) income attributed to Cott Corporation	$	(31.8	)	$	(22.8	)	$	(20.5	)	$	0.6	$	42.7		$	(31.8	)

Consolidating Balance Sheet

Consolidating Balance Sheets

(in millions of U.S. dollars)

Unaudited

	As of April 2, 2016
							Cott			Cott
	Cott			Cott			Guarantor			Non-Guarantor			Elimination
	Corporation			Beverages Inc.			Subsidiaries			Subsidiaries			Entries			Consolidated
ASSETS
Current assets
Cash & cash equivalents	$	4.9		$	1.0		$	44.5		$	4.7		$	—		$	55.1
Accounts receivable, net of allowance		18.4			94.7			380.2			11.2			(184.1	)		320.4
Income taxes recoverable		—			—			2.1			0.2			(1.4	)		0.9
Inventories		16.6			78.0			153.7			6.4			—			254.7
Prepaid expenses and other assets		2.1			6.3			12.1			0.4			—			20.9
Total current assets		42.0			180.0			592.6			22.9			(185.5	)		652.0
Property, plant & equipment, net		30.8			160.3			577.0			6.5			—			774.6
Goodwill		21.0			4.5			754.3			—			—			779.8
Intangibles and other assets, net		1.0			79.6			628.5			1.8			—			710.9
Deferred tax assets		10.2			44.2			—			0.2			(44.3	)		10.3
Due from affiliates		393.2			586.2			142.6			—			(1,122.0	)		—
Investments in subsidiaries		366.6			847.3			702.6			—			(1,916.5	)		—
Total assets	$	864.8		$	1,902.1		$	3,397.6		$	31.4		$	(3,268.3	)	$	2,927.6
LIABILITIES AND EQUITY
Current liabilities
Short-term borrowings	$	30.7		$	32.1		$	—		$	—		$	—		$	62.8
Current maturities of long-term debt		—			2.7			0.5			0.2			—			3.4
Accounts payable and accrued liabilities		59.3			227.1			312.0			7.8			(185.5	)		420.7
Total current liabilities		90.0			261.9			312.5			8.0			(185.5	)		486.9
Long-term debt		—			1,134.2			389.9			—			—			1,524.1
Deferred tax liabilities		—			—			110.2			—			(44.3	)		65.9
Other long-term liabilities		0.5			19.7			50.4			1.2			—			71.8
Due to affiliates		1.1			141.6			951.1			28.2			(1,122.0	)		—
Total liabilities		91.6			1,557.4			1,814.1			37.4			(1,351.8	)		2,148.7
Equity
Common shares, no par		682.2			701.4			1,653.8			40.2			(2,395.4	)		682.2
Additional paid-in-capital		50.8			—			—			—			—			50.8
Retained earnings (deficit)		119.0			(339.9	)		(127.7	)		(58.9	)		526.5			119.0
Accumulated other comprehensive (loss) income		(78.8	)		(16.8	)		57.4			7.0			(47.6	)		(78.8	)
Total Cott Corporation equity		773.2			344.7			1,583.5			(11.7	)		(1,916.5	)		773.2
Non-controlling interests		—			—			—			5.7			—			5.7
Total equity		773.2			344.7			1,583.5			(6.0	)		(1,916.5	)		778.9
Total liabilities and equity	$	864.8		$	1,902.1		$	3,397.6		$	31.4		$	(3,268.3	)	$	2,927.6

Consolidating Balance Sheets

(in millions of U.S. dollars)

	As of January 2, 2016
							Cott			Cott
	Cott			Cott			Guarantor			Non-Guarantor			Elimination
	Corporation			Beverages Inc.			Subsidiaries			Subsidiaries			Entries			Consolidated
ASSETS
Current assets
Cash & cash equivalents	$	20.8		$	1.0		$	50.2		$	5.1		$	—		$	77.1
Accounts receivable, net of allowance		18.3			63.3			361.8			13.0			(163.1	)		293.3
Income taxes recoverable		—			0.6			0.8			0.2			—			1.6
Inventories		13.0			76.7			154.1			5.6			—			249.4
Prepaid expenses and other assets		2.2			4.6			10.2			0.2			—			17.2
Total current assets		54.3			146.2			577.1			24.1			(163.1	)		638.6
Property, plant & equipment, net		29.7			163.3			570.1			6.7			—			769.8
Goodwill		19.8			4.5			735.3			—			—			759.6
Intangibles and other assets, net		0.8			79.2			628.9			2.8			—			711.7
Deferred tax assets		7.4			38.2			—			0.2			(38.2	)		7.6
Due from affiliates		400.1			587.5			2.6			—			(990.2	)		—
Investments in subsidiaries		176.3			847.3			702.5			—			(1,726.1	)		—
Total assets	$	688.4		$	1,866.2		$	3,216.5		$	33.8		$	(2,917.6	)	$	2,887.3
LIABILITIES AND EQUITY
Current liabilities
Short-term borrowings	$	—		$	122.0		$	—		$	—		$	—		$	122.0
Current maturities of long-term debt		—			2.6			0.4			0.4			—			3.4
Accounts payable and accrued liabilities		47.6			234.6			310.2			8.3			(163.1	)		437.6
Total current liabilities		47.6			359.2			310.6			8.7			(163.1	)		563.0
Long-term debt		—			1,134.1			391.3			—			—			1,525.4
Deferred tax liabilities		—			—			114.7			—			(38.2	)		76.5
Other long-term liabilities		0.5			20.0			54.9			1.1			—			76.5
Due to affiliates		1.0			1.6			959.4			28.2			(990.2	)		—
Total liabilities		49.1			1,514.9			1,830.9			38.0			(1,191.5	)		2,241.4
Equity
Common shares, no par		534.7			701.5			1,486.9			38.6			(2,227.0	)		534.7
Additional paid-in-capital		51.2			—			—			—			—			51.2
Retained earnings (deficit)		129.6			(333.5	)		(132.1	)		(58.4	)		524.0			129.6
Accumulated other comprehensive (loss) income		(76.2	)		(16.7	)		30.8			9.0			(23.1	)		(76.2	)
Total Cott Corporation equity		639.3			351.3			1,385.6			(10.8	)		(1,726.1	)		639.3
Non-controlling interests		—			—			—			6.6			—			6.6
Total equity		639.3			351.3			1,385.6			(4.2	)		(1,726.1	)		645.9
Total liabilities and equity	$	688.4		$	1,866.2		$	3,216.5		$	33.8		$	(2,917.6	)	$	2,887.3

Condensed Consolidating Statement of Cash Flows

Consolidating Statements of Condensed Cash Flows

(in millions of U.S. dollars)

Unaudited

	For the Three Months Ended April 2, 2016
							Cott			Cott
	Cott			Cott			Guarantor			Non-Guarantor			Elimination
	Corporation			Beverages Inc.			Subsidiaries			Subsidiaries			Entries			Consolidated
Net cash (used in) provided by operating activities	$	(136.8	)	$	99.0		$	16.8		$	4.7		$	(2.4	)	$	(18.7	)
Investing Activities
Acquisition, net of cash received		(43.2	)		—			(1.2	)		—			—			(44.4	)
Additions to property, plant & equipment		(0.4	)		(6.7	)		(22.1	)		(0.3	)		—			(29.5	)
Additions to intangibles and other assets		(0.1	)		(1.7	)		(0.5	)		—			—			(2.3	)
Proceeds from sale of property, plant & equipment		—			—			2.7			—			—			2.7
Net cash used in investing activities		(43.7	)		(8.4	)		(21.1	)		(0.3	)		—			(73.5	)
Financing Activities
Payments of long-term debt		—			(0.7	)		(0.3	)		(0.1	)		—			(1.1	)
Borrowings under ABL		87.6			409.6			—			—			—			497.2
Payments under ABL		(58.8	)		(499.5	)		—			—			—			(558.3	)
Distributions to non-controlling interests		—			—			—			(2.3	)		—			(2.3	)
Issuance of common shares		144.1			—			—			—			—			144.1
Common shares repurchased and cancelled		(1.1	)		—			—			—			—			(1.1	)
Dividends paid to common shareowners		(7.3	)		—			—			—			—			(7.3	)
Intercompany dividends		—			—			—			(2.4	)		2.4			—
Net cash provided by (used in) financing activities		164.5			(90.6	)		(0.3	)		(4.8	)		2.4			71.2
Effect of exchange rate changes on cash		0.1			—			(1.1	)		—			—			(1.0	)
Net decrease in cash & cash equivalents		(15.9	)		0.0			(5.7	)		(0.4	)		—			(22.0	)
Cash & cash equivalents, beginning of period		20.8			1.0			50.2			5.1			—			77.1
Cash & cash equivalents, end of period	$	4.9		$	1.0		$	44.5		$	4.7		$	—		$	55.1

Consolidating Statements of Condensed Cash Flows

(in millions of U.S. dollars)

Unaudited

	For the Three Months Ended April 4, 2015
							Cott			Cott
	Cott			Cott			Guarantor			Non-Guarantor			Elimination
	Corporation			Beverages Inc.			Subsidiaries			Subsidiaries			Entries			Consolidated
Net cash provided by (used in) operating activities	$	4.4		$	16.9		$	(19.9	)	$	1.7		$	(4.2	)	$	(1.1	)
Investing Activities
Additions to property, plant & equipment		(0.3	)		(6.9	)		(20.1	)		—			—			(27.3	)
Additions to intangibles and other assets		—			(0.3	)		(1.8	)		—			—			(2.1	)
Proceeds from sale of property, plant & equipment		—			0.4			—			—			—			0.4
Net cash used in investing activities		(0.3	)		(6.8	)		(21.9	)		—			—			(29.0	)
Financing Activities
Payments of long-term debt		—			(0.4	)		(0.1	)		(0.3	)		—			(0.8	)
Borrowings under ABL		—			85.9			8.9			—			—			94.8
Payments under ABL		—			(102.8	)		—			—			—			(102.8	)
Distributions to non-controlling interests		—			—			—			(2.0	)		—			(2.0	)
Proceeds from the exercise of options for common shares, net		0.1			—			—			—			—			0.1
Common shares repurchased and cancelled		(0.7	)		—			—			—			—			(0.7	)
Dividends paid to common and preferred shareowners		(9.0	)		—			—			—			—			(9.0	)
Intercompany dividends		—			—			(2.1	)		(2.1	)		4.2			—
Net cash (used in) provided by financing activities		(9.6	)		(17.3	)		6.7			(4.4	)		4.2			(20.4	)
Effect of exchange rate changes on cash		(0.4	)		—			(0.7	)		(0.1	)		—			(1.2	)
Net decrease in cash & cash equivalents		(5.9	)		(7.2	)		(35.8	)		(2.8	)		—			(51.7	)
Cash & cash equivalents, beginning of period		6.2			8.6			64.0			7.4			—			86.2
Cash & cash equivalents, end of period	$	0.3		$	1.4		$	28.2		$	4.6		$	—		$	34.5