Home
About
People
Income Fund
News
Investor
Fact sheet
Stock quotes
Distributions
Tax information
Financial data
Financial Reports
Prospectus
DRIP
Investor FAQ
Corporate governance
Analyst Coverage
Webcast
Investor contacts
Information request
Corporate
Career
Membership
Ice Sculptures
 

(in thousands of U.S. dollars, except per unit data)
Year ended December 31, except as noted

  2009 2008 2007 2006 2005 2004 2003
Sales
227,588
246,982
234,666
194,704
129,063
87,317
70,250
EBITDA
54,497
60,698
64,067
52,985
33,785
21,253
17,848
EBITDA margin (% of sales)
23.9%
24.6%
27.3%
27.2%
26.2%
24.3%
25.4%
Net earnings (loss)
(15,874)
(36,859)
19,852
15,687
13,171
10,808
7,924
Adjusted earnings
(4,621)
2,682
19,852
15,687
13,171
10,808
7,924
Basic earnings (loss) per unit
(0.41)
(0.95)
0.52
0.51
0.53
0.46
0.44
Diluted earnings (loss) per unit
(0.41)
(0.95)
0.51
0.51
0.53
0.46
0.44
Adjusted basic earnings per unit
(0.12)
0.07
0.52
0.51
0.53
0.46
0.44
Adjusted diluted earnings per unit
(0.12)
0.07
0.51
0.51
0.53
0.46
0.44
 
 
 
 
 
 
 
 
Funds from (used in) operations(1)
34,574
44,044
48,137
40,743
26,758
19,321
15,330
 
 
 
 
 
 
 
 
Current assets
26,303
25,471
34,617
31,419
20,013
25,573
17,877
Working capital
(57,965)
(1,109)
2,634
(5,901)
8,051
13,128
9,337
Total assets
437,793
450,337
500,842
466,357
238,622
238,790
165,567
Long-term debt
163,059
168,792
151,606
159,656
64,071
93,842
24,717
Unitholders' equity
161,365
186,792
236,624
204,243
157,572
124,289
128,399


(1) Excludes after tax costs of antitrust investigations and related expenses

EBITDA, adjusted earnings and distributable cash are not recognized measures under Canadian generally accepted accounting principles (GAAP) and do not have standardized meanings prescribed by GAAP. EBITDA is a performance measure used by management to provide an indication of cash available for distribution from ongoing operations prior to debt service, capital expenditures and income taxes and is often used to compare companies and income trusts on the basis of ability to generate cash from ongoing operations. Adjusted earnings is defined as earnings before one-time after tax costs of antitrust investigations and related expenses and goodwill impairment. Adjusted earnings is used by management to evaluate the ongoing profitablity of the Fund by eliminating the effect of these material non-operating costs. Distributable cash is a performance measure used by management as an indicator of funds available for distribution to unitholders in an income trust. Management believes that these are useful supplemental measures that may assist investors in assessing the Fund's financial results.

Investors should be cautioned that EBITDA, adjusted earnings and distributable cash should not be construed as alternatives to earnings, cash from operations or other financial measures determined in accordance with GAAP as indicators of the Fund’s performance. The Fund’s method of calculating EBITDA, adjusted earnings and distributable cash may differ from other companies and income trusts and, accordingly, may not be comparable to measures used by them.

 
©2010 Arctic Glacier Inc. All rights reserved.
whistleblower | legal notice | privacy policy | whistleblower