May 7, 2009
STERLING SHOES INCOME FUND
MANAGEMENT'S DISCUSSION AND ANALYSIS
The following management's discussion and analysis ("MD&A") should be read in conjunction
with the unaudited interim consolidated financial statements and accompanying notes ("Interim
Financial Statements") of Sterling Shoes Income Fund (the "Fund") for the three-month period
ended March 31, 2009. Results have been prepared in accordance with Canadian generally
accepted accounting principles ("GAAP" and reported in Canadian dollars unless otherwise
indicated). The fiscal year-end of the Fund is December 31. |
May 7, 2009
INTERIM CONSOLIDATED FINANCIAL STATEMENTS OF
STERLING SHOES INCOME FUND
MARCH 31, 2009
(UNAUDITED - EXPRESSED IN THOUSANDS OF DOLLARS)
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March 19, 2009
CONSOLIDATED FINANCIAL STATEMENTS OF
STERLING SHOES INCOME FUND
DECEMBER 31, 2008
(EXPRESSED IN THOUSANDS OF DOLLARS)
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