| PRELIMINARY NOTES | 3 |
| CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS | 3 |
| GLOSSARY OF TERMS | 5 |
| PART I | 12 |
| PART II | 42 |
| ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES | 42 |
| ITEM 6. SELECTED FINANCIAL DATA | 50 |
| ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS | 51 |
| ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK. | 58 |
| ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA | 59 |
| Principles of consolidation | 70 |
| Marketable securities | 71 |
| Restricted cash | 72 |
| Derivative instruments | 73 |
| Common shares | 73 |
| Income taxes | 74 |
| ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE | 86 |
| ITEM 9A. CONTROLS AND PROCEDURES | 86 |
| ITEM 9B. OTHER INFORMATION | 86 |
| PART III | 87 |
| ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE | 87 |
| ITEM 11. EXECUTIVE COMPENSATION | 87 |
| ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS | 87 |
| ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE | 87 |
| ITEM 14. PRINCIPAL ACCOUNTING FEES AND SERVICES | 87 |
| PART IV | 88 |
| SIGNATURES | 89 |