Adjusted EBITDA
EBITDA excluding certain items to better analyze trends in performance
Adjusted net earnings
Net earnings, attributable to owners of the Company, excluding certain items to better analyze trends in performance and financial results
Book value per common share
Shareholders’ equity, net of non-controlling interest, divided by total common shares outstanding
CAGR
Compound Annual Growth Rate
Capital expenditures
Payments made for the acquisition of property, equipment and investment property purchases
EBITDA
Net earnings before finance costs (net of finance income), income tax expense, and depreciation and amortization of intangibles
EBITDA margin
EBITDA divided by sales
Free cash flow
Cash flows from operating activities, plus proceeds on disposal of property, equipment and investment property, less acquisitions of property, equipment, investment property and intangibles
Funded debt
All interest-bearing debt, which includes bank loans, bankers’ acceptances, long-term debt and long-term lease liabilities
Gross Margin
Gross profit divided by sales
Gross Profit
Sales less costs of sales
Hedge
A financial instrument used to manage foreign exchange, interest rate, energy or other commodity risk by making a transaction which offsets the existing position
Interest expense
Interest expense on financial liabilities measured at amortized cost and interest expense on lease liabilities
Net funded debt to net total capital
Net funded debt divided by net total capital
Net funded debt
Funded debt less cash and cash equivalents
Net total capital
Funded debt plus shareholders’ equity, net of non-controlling interest, less cash and cash equivalents
Operating income
Also called earnings before interest and taxes (“EBIT”). Calculated as net earnings from continuing operations before finance costs (net of finance income) and income taxes
Operating income margin
Operating income divided by sales
Private label
A brand of products that is marketed, distributed and owned by the Company
Return on equity (“ROE”)
Net earnings for the year attributable to owners of the parent divided by average shareholders’ equity
Same-store sales
Sales from stores in the same location in both reporting periods
Total capital
Funded debt plus shareholders’ equity, net of non-controlling interest
Weighted average number of shares
The number of Non-Voting Class A shares plus Class B common shares outstanding adjusted to take into account the time the shares are outstanding in the reporting period