Aritzia Inc.’s financial statements have been reproduced in Appendix A at the back of the textbook.

Instructions

a. Many companies use a calendar year for their financial statements. What does Aritzia Inc. use?

b. Where in the financial statements does it indicate that Aritzia statements have been prepared using IFRS?

c. What five financial statements has Aritzia presented in its financial statements?

d. Where in the financial statements does it indicate that Aritzia reports the financial amounts in thousands of Canadian dollars?

e. What were Aritzia’s total assets as at February 25, 2018? As at February 26, 2017?

f. What were Aritzia’s total liabilities as at February 25, 2018? As at February 26, 2017?

g. What is the amount of change in Aritzia’s profit (Aritzia calls this “net income”) from 2017 to 2018?