Answered step by step
Verified Expert Solution
Question
1 Approved Answer
-15 Exhibits 5.21A and 5.21B contain the consolidated statements of cash flows and related note disclosure for Aritzia Inc. EXHIBIT 5.21A Aritzia Inc.'s 2020
-15 Exhibits 5.21A and 5.21B contain the consolidated statements of cash flows and related note disclosure for Aritzia Inc. EXHIBIT 5.21A Aritzia Inc.'s 2020 Statements of Cash Flows ARITZIA INC. Consolidated Statements of Cash Flows For the years ended March 1, 2020 and March 3, 2019 (in thousands of Canadian dollars) Operating activities Net income for the year Adjustments for: Note March 1, March 3, 2020 2019 $90,594 $78,728 Depreciation and amortization 6,7,8 93,502 27,065 Finance expense 16 28,319 4,821 Stock-based compensation expense 14 7,790 11,540 Amortization of deferred rent and deferred lease inducements (652) (905) Unrealized foreign exchange loss on forward contracts 12 Unrealized gain on equity derivative contracts 12 22 415 (650)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started