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Hammond Power Solutions Q3 Report Nine months ended October 2, 2010 Growing momentum

Fellow Investor Hammond Power Solutions Inc. HPS is pleased to present our third quarter financial results for 2010. As we move into the last months of the year it is becoming more and more apparent,

Fellow Investor Hammond Power Solutions Inc. HPS is pleased to present our third quarter financial results for 2010. As we move into the last months of the year it is becoming more and more apparent,

Dollars in thousanDs unless otherwise stateD Managements Discussion Analysis Third Quarter 2010 Overview Hammond Power Solutions Inc. HPS or the Company is the North American leader for the design a

Dollars in thousanDs unless otherwise stateD Managements Discussion Analysis Third Quarter 2010 Overview Hammond Power Solutions Inc. HPS or the Company is the North American leader for the design a

ManageMents Discussion analysis thirD Quarter 2010 The Company is focused on market expansion and channel growth in its strategic market segments in the U.S. and Canada. We expect our focus on cust

ManageMents Discussion analysis thirD Quarter 2010 The Company is focused on market expansion and channel growth in its strategic market segments in the U.S. and Canada. We expect our focus on cust

ManageMents Discussion analysis thirD Quarter 2010 Interest expense The interest expense for the quarter ended October 2, 2010 amounted to 19 compared to 56 in Quarter 3, 2009, a decrease of 37 or

ManageMents Discussion analysis thirD Quarter 2010 Interest expense The interest expense for the quarter ended October 2, 2010 amounted to 19 compared to 56 in Quarter 3, 2009, a decrease of 37 or

ManageMents Discussion analysis thirD Quarter 2010 Net overall bank operating lines of credit and longterm debt, net of cash balances was a 16,030 cash balance as at October 2, 2010, an increase of

ManageMents Discussion analysis thirD Quarter 2010 Net overall bank operating lines of credit and longterm debt, net of cash balances was a 16,030 cash balance as at October 2, 2010, an increase of

ManageMents Discussion analysis thirD Quarter 2010 the third quarter of 2009 and was integral in prioritizing subsequent steps. Until accounting policy choices are made during the Analysis and Diag

ManageMents Discussion analysis thirD Quarter 2010 the third quarter of 2009 and was integral in prioritizing subsequent steps. Until accounting policy choices are made during the Analysis and Diag

ManageMents Discussion analysis thirD Quarter 2010 historical experience and various other assumptions that are believed by Management to be reasonable under the circumstances. Such assumptions and

ManageMents Discussion analysis thirD Quarter 2010 historical experience and various other assumptions that are believed by Management to be reasonable under the circumstances. Such assumptions and

Selected Annual and Quarterly Financial Information The information contained in the following table presents the historic audited annual financial information as at December 31 and the unaudited fina

Selected Annual and Quarterly Financial Information The information contained in the following table presents the historic audited annual financial information as at December 31 and the unaudited fina

Consolidated Balance Sheet unaudited tabular amounts in thousands of dollars As at October 2, 2010 Assets Current assets Cash and cash equivalents Accounts receivable Income taxes recoverable Inventor

Consolidated Balance Sheet unaudited tabular amounts in thousands of dollars As at October 2, 2010 Assets Current assets Cash and cash equivalents Accounts receivable Income taxes recoverable Inventor

Consolidated Statements of Earnings and Comprehensive Earnings unaudited tabular amounts in thousands of dollars except earnings per share Quarter Ending Oct 2, 2010 Sales Cost of Sales Gross Margin

Consolidated Statements of Earnings and Comprehensive Earnings unaudited tabular amounts in thousands of dollars except earnings per share Quarter Ending Oct 2, 2010 Sales Cost of Sales Gross Margin

Consolidated Statements of Cash Flows unaudited tabular amounts in thousands of dollars Quarter Ending Oct 2, 2010 Cash provided by used in Operations Net earnings Add deduct items not involving cash

Consolidated Statements of Cash Flows unaudited tabular amounts in thousands of dollars Quarter Ending Oct 2, 2010 Cash provided by used in Operations Net earnings Add deduct items not involving cash

Consolidated Statements of Shareholders Equity unaudited tabular amounts in thousands of dollars Nine month period ended October 2, 2010, and September 26, 2009. Share Capital Balance as at January 1,

Consolidated Statements of Shareholders Equity unaudited tabular amounts in thousands of dollars Nine month period ended October 2, 2010, and September 26, 2009. Share Capital Balance as at January 1,

notes The accompanying unaudited interim consolidated financial statements of the Company have been prepared by and are the responsibility of the Companys management. The Companys independent auditor

notes The accompanying unaudited interim consolidated financial statements of the Company have been prepared by and are the responsibility of the Companys management. The Companys independent auditor

Hammond Power Solutions Inc. Canada Corporate Head Office 595 Southgate Drive Guelph, Ontario N1G 3W6 Phone 519 8222441 15 Industrial Road Walkerton, Ontario N0G 2V0 Phone 519 8813552 Distribution Cen

Hammond Power Solutions Inc. Canada Corporate Head Office 595 Southgate Drive Guelph, Ontario N1G 3W6 Phone 519 8222441 15 Industrial Road Walkerton, Ontario N0G 2V0 Phone 519 8813552 Distribution Cen

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