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Msg  5086 of 5273  at  1/21/2021 1:27:39 PM  by

fabulouspoodle

The following message was updated on 1/21/2021 1:36:43 PM.

 In response to msg 5081 by  uptabdowntab
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Re: Rfp....I donít understand

In the reconciliation on the same page they do show that for the 4th qtr they expect

A Net loss including noncontrolling interest of $52 million bucks.

But they have one time charges of $55 million and $25 million related to:
(1)These preliminary charges consist mainly of accelerated depreciation related to the Amos and Baie-Comeau facilities, which have been temporarily idled since April 2020., and
(2) These preliminary charges relate to the Amos and Baie-Comeau facilities, which have been temporarily idled since April 2020.

So ex that out and it brings you up to a profit of $28 million for the qtr.

Then they have one time pension costs of $24 million (somewhat expected since it is the end of year report). That brings you to a profit of $52 million.

Then they have what they only list as other expenses, which should be one time (there were zero last year) which amount to $28 million. That brings you to a profit of $80 million.

So it looks like they are reporting an adjusted profit of $80 million before taxes for the qtr. But we will see what the 'other exoenses' are.


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Msg # Subject Author Recs Date Posted
5087 Re: Rfp....I donít understand uptabdowntab 0 1/21/2021 1:41:02 PM








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