2023 Q1 Form 10-Q Financial Statement

#000004993823000037 Filed on May 02, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q1
Revenue 12.12B cads $12.66B
YoY Change -4.23% 81.02%
Cost Of Revenue $9.234B $10.01B
YoY Change -7.74% 86.32%
Gross Profit $2.823B $2.648B
YoY Change 6.61% 63.46%
Gross Profit Margin 23.29% 20.92%
Selling, General & Admin $715.0M $704.0M
YoY Change 1.56% 18.72%
% of Gross Profit 25.33% 26.59%
Research & Development $1.000M $2.000M
YoY Change -50.0% 0.0%
% of Gross Profit 0.04% 0.08%
Depreciation & Amortization 490.0M cads $426.0M
YoY Change 15.02% -13.77%
% of Gross Profit 17.36% 16.09%
Operating Expenses $1.226B $1.136B
YoY Change 7.92% 3.27%
Operating Profit $1.597B $1.512B
YoY Change 5.62% 190.77%
Interest Expense 16.00M cads $2.000M
YoY Change 700.0% -85.71%
% of Operating Profit 1.0% 0.13%
Other Income/Expense, Net $0.00 $0.00
YoY Change -100.0%
Pretax Income 1.645B cads $1.534B
YoY Change 7.24% 199.61%
Income Tax 397.0M cads $361.0M
% Of Pretax Income 24.13% 23.53%
Net Earnings 1.248B cads $1.173B
YoY Change 6.39% 199.23%
Net Earnings / Revenue 10.3% 9.27%
Basic Earnings Per Share $2.14 $1.75
Diluted Earnings Per Share $2.13 $1.746M
COMMON SHARES
Basic Shares Outstanding 584.2M shares 670.5M shares
Diluted Shares Outstanding 585.4M shares 671.9M shares

Balance Sheet

Concept 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.243B $3.149B
YoY Change -28.77% 114.66%
Cash & Equivalents 2.243B cads $3.149B
Short-Term Investments
Other Short-Term Assets $989.0M $782.0M
YoY Change 26.47% 6.11%
Inventory $1.757B $1.374B
Prepaid Expenses
Receivables $3.375B $3.781B
Other Receivables $908.0M $1.632B
Total Short-Term Assets 9.272B cads $10.72B
YoY Change -13.49% 83.28%
LONG-TERM ASSETS
Property, Plant & Equipment 30.44B cads $31.11B
YoY Change -2.14% -1.87%
Goodwill 166.0M cads
YoY Change
Intangibles
YoY Change
Long-Term Investments $708.0M $457.0M
YoY Change 54.92% -1.72%
Other Assets 1.240B cads $1.065B
YoY Change 16.43% 101.7%
Total Long-Term Assets 32.84B cads $33.09B
YoY Change -0.75% -0.2%
TOTAL ASSETS
Total Short-Term Assets 9.272B cads $10.72B
Total Long-Term Assets 32.84B cads $33.09B
Total Assets 42.12B cads $43.81B
YoY Change -3.87% 12.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.830B $7.269B
YoY Change -19.8% 100.3%
Accrued Expenses $100.0M $95.00M
YoY Change 5.26% 3.26%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $122.0M $122.0M
YoY Change 0.0% 5.17%
Total Short-Term Liabilities 6.557B cads $8.651B
YoY Change -24.21% 119.96%
LONG-TERM LIABILITIES
Long-Term Debt 3.447B cads $5.049B
YoY Change -31.73% 1.94%
Other Long-Term Liabilities 3.409B cads $3.426B
YoY Change -0.5% -16.32%
Total Long-Term Liabilities 6.856B cads $8.475B
YoY Change -19.1% -6.32%
TOTAL LIABILITIES
Total Short-Term Liabilities 6.557B cads $8.651B
Total Long-Term Liabilities 6.856B cads $8.475B
Total Liabilities 18.68B cads $21.53B
YoY Change -13.25% 24.68%
SHAREHOLDERS EQUITY
Retained Earnings 22.84B cads
YoY Change
Common Stock 1.079B cads $1.237B
YoY Change -12.77% -8.84%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity 23.44B cads $22.28B
YoY Change
Total Liabilities & Shareholders Equity 42.12B cads $43.81B
YoY Change -3.87% 12.31%

Cashflow Statement

Concept 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income 1.248B cads $1.173B
YoY Change 6.39% 199.23%
Depreciation, Depletion And Amortization 490.0M cads $426.0M
YoY Change 15.02% -13.77%
Cash From Operating Activities -821.0M cads $1.914B
YoY Change -142.89% 83.16%
INVESTING ACTIVITIES
Capital Expenditures $429.0M -$304.0M
YoY Change -241.12% 82.04%
Acquisitions
YoY Change
Other Investing Activities $15.00M $25.00M
YoY Change -40.0% 25.0%
Cash From Investing Activities -414.0M cads -$279.0M
YoY Change 48.39% 89.8%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -271.0M cads -639.0M
YoY Change -57.59% 216.34%
NET CHANGE
Cash From Operating Activities -821.0M cads 1.914B
Cash From Investing Activities -414.0M cads -279.0M
Cash From Financing Activities -271.0M cads -639.0M
Net Change In Cash -1.506B cads 996.0M
YoY Change -251.2% 43.1%
FREE CASH FLOW
Cash From Operating Activities -821.0M cads $1.914B
Capital Expenditures $429.0M -$304.0M
Free Cash Flow -1.250B cads $2.218B
YoY Change -156.36% 83.0%

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