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year is October-September. All välues CAD Millions. 2021 2020 2019 2018 201 5-year trer Sales/Revenue 18,283 17,998 16,768 14,383 13,175 Sales Growth 1.59% 7.34% 16.58% 9.17% Cost of Goods Sold (COGS) incl. D&A 16,193 15,929 14,691 12,653 11,566 COGS excluding D&A 15,715 15,468 14,405 12,419 11,371 Depreciation & Amortization Expense 478 462 286 233 194 Depreciation 400 387 210 185 164 Amortization of Intangibles 78 5ל 75 48 30 COGS Growth 1.66% 8.43% 16.11% 9.40% Gross Income 2,090 2,068 2,077 1,731 1,610 Gross Income Growth 1.05% -0.41% 19.99% 7.52% Gross Profit Margin 11.43% SG&A Expense 835 837 1,009 876 842 Other SG&A 837 1,009 876 842 SGA Growth -0.19% 17.06% 15.23% 3.98% Other Operating Expense 11 EBIT 1,255 1,231 1,068 844 768 Unusual Expense 37 (175) (5) 2.

year is October-September. All välues CAD Millions. 2021 2020 2019 2018 201 5-year trer Sales/Revenue 18,283 17,998 16,768 14,383 13,175 Sales Growth 1.59% 7.34% 16.58% 9.17% Cost of Goods Sold (COGS) incl. D&A 16,193 15,929 14,691 12,653 11,566 COGS excluding D&A 15,715 15,468 14,405 12,419 11,371 Depreciation & Amortization Expense 478 462 286 233 194 Depreciation 400 387 210 185 164 Amortization of Intangibles 78 5ל 75 48 30 COGS Growth 1.66% 8.43% 16.11% 9.40% Gross Income 2,090 2,068 2,077 1,731 1,610 Gross Income Growth 1.05% -0.41% 19.99% 7.52% Gross Profit Margin 11.43% SG&A Expense 835 837 1,009 876 842 Other SG&A 837 1,009 876 842 SGA Growth -0.19% 17.06% 15.23% 3.98% Other Operating Expense 11 EBIT 1,255 1,231 1,068 844 768 Unusual Expense 37 (175) (5) 2.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Perform a horizontal analysis of the company

Fiscal year is October-September. All values CAD Millions. 2021 2020 2019 2018 2017 5-year trend Sales/Revenue 18,283 17,998 16,768 14,383 13,175 Sales Growth 1.59% 7.34% 16.58% 9.17% Cost of Goods Sold (COGS) incl. D&A 16,193 15,929 14,691 12,653 11,566 COGS excluding D&A 15,715 15,468 14,405 12,419 11,371 Depreciation & Amortization Expense 478 462 286 233 194 Depreciation 400 387 210 185 164 Amortization of Intangibles 78 75 75 48 30 COGS Growth 1.66% 8.43% 16.11% 9.40% Gross Income 2,090 2,068 2,077 1,731 1,610 Gross Income Growth 1.05% -0.41% 19.99% 7.52% Gross Profit Margin 11.43% SG&A Expense 835 837 1,009 876 842 Other SG&A 837 1,009 876 842 SGA Growth -0.19% -17.06% 15.23% 3.98% Other Operating Expense 11 EBIT 1,255 1,231 1,068 844 768 Unusual Expense 2 37 (175) (5) Non Operating Income/Expense (5) (12) 39 1,104 (5) Non-Operating Interest Income 14 11 8 29 2 co
Transcribed Image Text:Fiscal year is October-September. All values CAD Millions. 2021 2020 2019 2018 2017 5-year trend Sales/Revenue 18,283 17,998 16,768 14,383 13,175 Sales Growth 1.59% 7.34% 16.58% 9.17% Cost of Goods Sold (COGS) incl. D&A 16,193 15,929 14,691 12,653 11,566 COGS excluding D&A 15,715 15,468 14,405 12,419 11,371 Depreciation & Amortization Expense 478 462 286 233 194 Depreciation 400 387 210 185 164 Amortization of Intangibles 78 75 75 48 30 COGS Growth 1.66% 8.43% 16.11% 9.40% Gross Income 2,090 2,068 2,077 1,731 1,610 Gross Income Growth 1.05% -0.41% 19.99% 7.52% Gross Profit Margin 11.43% SG&A Expense 835 837 1,009 876 842 Other SG&A 837 1,009 876 842 SGA Growth -0.19% -17.06% 15.23% 3.98% Other Operating Expense 11 EBIT 1,255 1,231 1,068 844 768 Unusual Expense 2 37 (175) (5) Non Operating Income/Expense (5) (12) 39 1,104 (5) Non-Operating Interest Income 14 11 8 29 2 co
Interest Expense 143 144 109 106 61 Interest Expense Growth -0.42% 31.56% 3.60% 72.10% Gross Interest Expense 143 144 109 106 61 Pretax Income 1,121 1,084 969 2,046 708 Pretax Income Growth 3.36% 11.88% -52.63% 188.85% Pretax Margin 6.13% Income Tax 295 288 255 358 193 Income Tax - Current Domestic 255 271 232 422 151 Income Tax - Deferred Domestic 40 17 23 (63) 42 Equity in Affiliates 31 94 Consolidated Net Income 826 796 714 1,719 608 Minority Interest Expense 3 1 3 2 17 Net Income 823 795 712 1,717 592 Net Income Growth 3.50% 11.75% -58.54% 190.10% Net Margin 4.50% Net Income After Extraordinaries 823 795 712 1,717 592 Net Income Available to Common 823 795 712 1,717 592
Transcribed Image Text:Interest Expense 143 144 109 106 61 Interest Expense Growth -0.42% 31.56% 3.60% 72.10% Gross Interest Expense 143 144 109 106 61 Pretax Income 1,121 1,084 969 2,046 708 Pretax Income Growth 3.36% 11.88% -52.63% 188.85% Pretax Margin 6.13% Income Tax 295 288 255 358 193 Income Tax - Current Domestic 255 271 232 422 151 Income Tax - Deferred Domestic 40 17 23 (63) 42 Equity in Affiliates 31 94 Consolidated Net Income 826 796 714 1,719 608 Minority Interest Expense 3 1 3 2 17 Net Income 823 795 712 1,717 592 Net Income Growth 3.50% 11.75% -58.54% 190.10% Net Margin 4.50% Net Income After Extraordinaries 823 795 712 1,717 592 Net Income Available to Common 823 795 712 1,717 592
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