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.