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Maple Leaf Foods Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item FY 2025Dec 31, 2025 FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Total Revenue 3.9B 3.6B 4.8B 4.7B 4.5B
Operating Revenue 3.9B 3.6B 4.8B 4.7B 4.5B
Cost Of Revenue 3.2B 3.1B 4.4B 4.3B 3.9B
Gross Profit 662.8M 557.3M 451.4M 424.1M 659.1M
Selling General And Administration 397.4M 391.7M 405.1M 431.7M 467.1M
Operating Expense 397.4M 391.7M 405.1M 431.7M 467.1M
Operating Income 265.4M 165.6M 46.3M -7.6M 192.0M
EBIT 192.8M 142.3M 2.1M -247.6M 166.6M
Interest Expense 89.2M 150.6M 144.7M 51.4M 16.9M
Interest Expense Non Operating 89.2M 150.6M 144.7M 51.4M 16.9M
Net Interest Income -95.2M -158.1M -150.9M -56.0M -22.9M
Other Income Expense -66.6M -15.8M -38.1M -235.3M -19.4M
Other Non Operating Income Expenses 30.2M 4.1M -14.4M -14.4M -14.5M
Special Income Charges -97.7M -19.9M -23.7M -221.0M -4.9M
Restructuring And Mergern Acquisition 12.7M 19.9M 23.7M 30.1M 4.9M
Earnings From Equity Interest 888,000 0.00 -- -- --
Pretax Income 103.6M -8.3M -142.6M -299.0M 149.7M
Tax Provision 59.6M 3.6M -17.6M 12.9M 46.9M
Tax Effect Of Unusual Items -14.7M -3.0M -2.9M -57.9M -1.5M
Net Income From Continuing And Discontinued Operation 541.6M 96.6M -125.0M -311.9M 102.8M
Net Income From Continuing Operation Net Minority Interest 43.9M -11.9M -125.0M -311.9M 102.8M
Net Income Including Noncontrolling Interests 541.6M 96.6M -125.0M -311.9M 102.8M
Net Income Common Stockholders 541.6M 96.6M -125.0M -311.9M 102.8M
Net Income 541.6M 96.6M -125.0M -311.9M 102.8M
EBITDA 427.7M 407.5M 273.5M -13.7M 367.5M
Normalized EBITDA 525.4M 427.4M 297.2M 207.3M 372.4M
Reconciled Depreciation 234.9M 265.2M 271.4M 233.9M 200.9M
Basic EPS 4.36 0.79 -1.03 -2.52 0.83
Diluted EPS 4.25 0.78 -1.03 -2.52 0.82
Basic Average Shares 124.2M 123.0M 121.8M 123.6M 123.5M
Diluted Average Shares 127.4M 124.3M 121.8M 123.6M 124.7M
Total Unusual Items -97.7M -19.9M -23.7M -221.0M -4.9M
Total Unusual Items Excluding Goodwill -97.7M -19.9M -23.7M -221.0M -4.9M
Tax Rate For Calcs 0.15 0.15 0.12 0.26 0.31
Normalized Income 127.0M 5.1M -104.2M -148.8M 106.2M
Diluted NI Availto Com Stockholders 541.6M 96.6M -125.0M -311.9M 102.8M
Impairment Of Capital Assets 85.0M 0.00 0.00 190.9M 0.00
Net Income Continuous Operations 43.9M -11.9M -125.0M -311.9M 102.8M
Net Income Discontinuous Operations 497.7M 108.5M -- -- --
Net Non Operating Interest Income Expense -95.2M -158.1M -150.9M -56.0M -22.9M
Reconciled Cost Of Revenue 3.2B 3.1B 4.4B 4.3B 3.9B
Total Expenses 3.6B 3.5B 4.8B 4.7B 4.3B
Total Other Finance Cost 6.0M 7.5M 6.1M 4.7M 6.0M
Line Item FY 2025Dec 31, 2025 FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Cash And Cash Equivalents 143.4M 175.9M 203.4M 91.1M 162.0M
Cash Cash Equivalents And Short Term Investments 143.4M 175.9M 203.4M 91.1M 162.0M
Accounts Receivable 105.2M 128.3M 142.8M 127.7M 167.1M
Receivables 203.8M 216.4M 305.9M 273.7M 202.2M
Inventory 483.2M 722.8M 657.3M 630.1M 547.9M
Prepaid Assets -- -- -- 50.3M 25.0M
Other Current Assets 24.4M 42.3M 44.9M 50.3M 25.0M
Current Assets 854.8M 1.2B 1.2B 1.0B 937.1M
Gross PPE 3.4B 4.3B 4.3B 4.2B 2.4B
Accumulated Depreciation -1.6B -2.0B -1.9B -1.7B -1.6B
Net PPE 1.8B 2.3B 2.4B 2.5B 2.4B
Goodwill 387.4M 477.4M 477.4M 477.4M 658.7M
Goodwill And Other Intangible Assets 627.3M 816.9M 822.5M 837.9M 1.0B
Other Intangible Assets 239.9M 339.5M 345.1M 360.6M 365.3M
Investments And Advances 121.8M 12.8M 15.7M 23.7M 22.3M
Long Term Equity Investment 113.6M 780,000 721,000 3.1M --
Other Investments 8.2M 12.0M 15.0M 20.6M --
Other Non Current Assets 8.1M 24.9M 22.3M 12.5M 9.8M
Total Non Current Assets 2.7B 3.3B 3.4B 3.4B 3.5B
Total Assets 3.5B 4.4B 4.6B 4.4B 4.4B
Current Debt 2.1M 301.5M 400.7M 921,000 5.2M
Current Debt And Capital Lease Obligation 20.6M 341.4M 438.8M 39.2M 36.6M
Accounts Payable 514.6M 561.2M 548.4M 485.1M 526.2M
Payables 606.9M 563.8M 550.8M 487.4M 550.0M
Payables And Accrued Expenses 606.9M 563.8M 550.8M 487.4M 550.0M
Current Deferred Revenue 16.9M 17.3M 14.4M 12.6M 12.3M
Other Current Liabilities 6.6M 20.3M 18.6M 52.1M 81.3M
Current Liabilities 661.3M 957.2M 1.0B 633.9M 668.7M
Long Term Debt 1.1B 1.4B 1.6B 1.7B 1.2B
Long Term Debt And Capital Lease Obligation 1.2B 1.5B 1.7B 1.9B 1.4B
Long Term Capital Lease Obligation 75.5M 147.9M 142.3M 144.6M 144.4M
Other Non Current Liabilities 4.6M 5.2M 1.1M 1.8M 1.1M
Total Non Current Liabilities Net Minority Interest 1.6B 1.9B 2.1B 2.1B 1.7B
Total Liabilities Net Minority Interest 2.2B 2.9B 3.1B 2.8B 2.4B
Common Stock 930.4M 897.8M 873.5M 850.1M 847.0M
Capital Stock 930.4M 897.8M 873.5M 850.1M 847.0M
Additional Paid In Capital 11.9M 12.5M 3.2M 0.00 5.4M
Retained Earnings 343.1M 587.4M 597.4M 809.6M 1.2B
Treasury Stock 5.4M 3.4M 7.2M 25.9M 26.2M
Gains Losses Not Affecting Retained Earnings 41.0M 44.0M 47.8M 29.5M 286,000
Other Equity Adjustments 41.0M 44.0M 47.8M 29.5M 286,000
Common Stock Equity 1.3B 1.5B 1.5B 1.7B 2.0B
Stockholders Equity 1.3B 1.5B 1.5B 1.7B 2.0B
Total Equity Gross Minority Interest 1.3B 1.5B 1.5B 1.7B 2.0B
Total Capitalization 2.5B 2.9B 3.1B 3.4B 3.3B
Net Tangible Assets 693.7M 721.4M 692.3M 825.4M 1.0B
Tangible Book Value 693.7M 721.4M 692.3M 825.4M 1.0B
Working Capital 193.5M 223.0M 179.0M 411.8M 268.4M
Invested Capital 2.5B 3.2B 3.5B 3.4B 3.3B
Total Debt 1.2B 1.9B 2.1B 1.9B 1.4B
Net Debt 995.2M 1.5B 1.7B 1.6B 1.1B
Share Issued 124.6M 123.8M 122.7M 122.5M 124.7M
Ordinary Shares Number 124.4M 123.7M 122.5M 121.7M 123.9M
Allowance For Doubtful Accounts Receivable -1.6M -2.1M -1.9M -1.6M -2.0M
Assets Held For Sale Current 0.00 22.8M 0.00 604,000 0.00
Buildings And Improvements 1.5B 1.9B 1.9B 1.8B 1.2B
Capital Lease Obligations 93.9M 187.8M 180.3M 182.9M 175.8M
Construction In Progress 54.0M 48.2M 59.4M 66.7M 804.5M
Current Capital Lease Obligation 18.5M 39.9M 38.0M 38.3M 31.4M
Current Deferred Liabilities 16.9M 17.3M 14.4M 12.6M 12.3M
Current Provisions 10.4M 14.5M 9.8M 42.6M 842,000
Defined Pension Benefit 50.6M 22.4M 26.8M 12.5M 0.00
Employee Benefits 56.1M 62.4M 64.2M 64.3M 97.6M
Finished Goods 250.1M 319.5M 311.9M 269.6M 217.9M
Gross Accounts Receivable 106.9M 130.4M 144.7M 129.3M 122.0M
Income Tax Payable 92.3M 2.6M 2.4M 2.3M 23.9M
Investment Properties 55.7M 42.6M 57.1M 5.3M 5.3M
Investments In Other Ventures Under Equity Method 0.00 780,000 721,000 3.1M --
Investmentsin Associatesat Cost 113.6M 0.00 -- -- --
Land And Improvements 41.1M 57.1M 58.2M 64.8M 61.5M
Leases 142.1M 273.9M 255.0M 242.5M 220.1M
Long Term Provisions 2.7M 3.9M 2.0M 3.8M 44.6M
Machinery Furniture Equipment 1.7B 2.1B 2.0B 2.0B 1.7B
Non Current Deferred Assets 36.1M 46.6M 40.9M 42.5M 39.9M
Non Current Deferred Liabilities 284.2M 325.1M 296.2M 221.6M 147.1M
Non Current Deferred Taxes Assets 36.1M 46.6M 40.9M 42.5M 39.9M
Non Current Deferred Taxes Liabilities 284.2M 325.1M 296.2M 221.6M 147.1M
Non Current Pension And Other Postretirement Benefit Plans 56.1M 62.4M 64.2M 64.3M 97.6M
Notes Receivable 62.1M 38.0M 33.2M 48.6M 33.3M
Other Current Borrowings 2.1M 301.5M 400.7M 921,000 5.2M
Other Inventories 10.9M 169.4M 114.9M 144.2M 547.9M
Other Properties 3.3M 6.2M 9.2M 10.5M 2.4B
Other Receivables 18.8M 28.7M 27.5M 17.5M 33.9M
Properties 0.00 0.00 0.00 0.00 0.00
Raw Materials 183.8M 186.9M 190.1M 177.7M 137.0M
Taxes Receivable 17.7M 21.5M 102.4M 79.9M 1.8M
Total Tax Payable 92.3M 2.6M 2.4M 2.3M 23.9M
Treasury Shares Number 215,000 170,000 170,000 868,000 851,000
Work In Process 38.4M 46.9M 40.4M 38.7M 34.0M
Line Item FY 2025Dec 31, 2025 FY 2024Dec 31, 2024 FY 2023Dec 31, 2023 FY 2022Dec 31, 2022 FY 2021Dec 31, 2021
Operating Cash Flow 435.5M 464.9M 176.9M 49.3M 304.8M
Cash Flow From Continuing Operating Activities 435.5M 464.9M 176.9M 49.3M 304.8M
Depreciation And Amortization 234.9M 265.2M 271.4M 233.9M 200.9M
Depreciation Amortization Depletion 234.9M 265.2M 271.4M 233.9M 200.9M
Stock Based Compensation 23.4M 21.9M 12.0M 19.4M 22.0M
Deferred Tax 90.1M 44.3M -17.6M 12.9M 46.9M
Deferred Income Tax 90.1M 44.3M -17.6M 12.9M 46.9M
Change In Working Capital -49.7M 6.8M 11.1M -107.9M -38.9M
Change In Other Working Capital -49.7M 6.8M 11.1M -107.9M -38.9M
Other Non Cash Items 56.2M 100.4M 161.7M 69.8M 41.3M
Purchase Of Business -- -- -- 0.00 -41.9M
Purchase Of Investment -- 0.00 -200,000 -600,000 -3.2M
Net Investment Purchase And Sale -- 0.00 -200,000 -600,000 -3.2M
Investing Cash Flow -119.7M -82.5M -188.6M -377.0M -623.5M
Cash Flow From Continuing Investing Activities -119.7M -82.5M -188.6M -377.0M -623.5M
Issuance Of Debt -- -- 253.1M 453.9M 500.3M
Repayment Of Debt -130.9M -323.3M -33.0M -33.9M -36.8M
Net Issuance Payments Of Debt -130.9M -323.3M 220.1M 420.0M 463.5M
Issuance Of Capital Stock -- 0.00 9.8M -- --
Repurchase Of Capital Stock -28.0M 0.00 -16.1M -66.4M -7.5M
Net Common Stock Issuance -28.0M 0.00 -6.3M -66.4M -7.5M
Common Stock Payments -28.0M 0.00 -16.1M -66.4M -7.5M
Financing Cash Flow -348.3M -409.8M 124.0M 256.7M 379.9M
Cash Flow From Continuing Financing Activities -348.3M -409.8M 124.0M 256.7M 379.9M
Changes In Cash -32.5M -27.5M 112.3M -71.0M 61.2M
Beginning Cash Position 175.9M 203.4M 91.1M 162.0M 100.8M
End Cash Position 143.4M 175.9M 203.4M 91.1M 162.0M
Free Cash Flow 435.5M 464.9M 176.9M 49.3M 304.8M
Asset Impairment Charge 87.3M 667,000 11.0M 212.4M 744,000
Cash Dividends Paid -177.8M -86.7M -92.5M -99.1M -89.1M
Common Stock Issuance -- 0.00 9.8M -- --
Dividends Received Cfi 1.1M 0.00 -- -- --
Earnings Losses From Equity Investments -888,000 0.00 -- -- --
Gain Loss On Investment Securities -- -3.3M -4.6M -5.0M 10.2M
Gain Loss On Sale Of Business -428.9M 0.00 -- -- --
Interest Paid Cfo -97.3M -148.9M -150.4M -54.9M -22.1M
Interest Received Cfi -1.0M -1.1M -3.0M -22.2M -20.3M
Long Term Debt Issuance -- -- 253.1M 453.9M 500.3M
Long Term Debt Payments -130.9M -323.3M -33.0M -33.9M -36.8M
Net Business Purchase And Sale -- -- -- 0.00 -41.9M
Net Income From Continuing Operations 541.6M 96.6M -125.0M -311.9M 102.8M
Net Long Term Debt Issuance -130.9M -323.3M 220.1M 420.0M 463.5M
Net Other Financing Charges -38.8M -2.3M -3.4M -3.9M -528,000
Net Other Investing Changes -119.7M -81.4M -185.4M -354.2M -558.0M
Operating Gains Losses -442.9M -4.2M -2.7M 5.8M 20.8M
Pension And Employee Benefit Expense 1.2M 5.1M 2.4M 8.8M 6.7M
Proceeds From Stock Option Exercised 27.2M 2.5M 6.0M 6.1M 13.5M
Provisionand Write Offof Assets -5.2M 6.6M -33.5M -- --
Taxes Refund Paid -2.9M 75.7M 39.0M -30.2M -69.6M
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