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Alimentation Couche-Tard Inc. is a leading convenience store operator in Canada, with Couche-Tard stores in Quebec and Moc's stores in central and western Canada. It
Alimentation Couche-Tard Inc. is a leading convenience store operator in Canada, with Couche-Tard stores in Quebec and Moc's stores in central and western Canada. It also operates Circle K shops in the United States. 2017 521,310.0 17,800.2 3,509.8 2,659.5 11.1 8.5 CONSOLIDATED STATEMENTS OF EARNINGS For the years ended April 28, 2019, April 29, 2018, and April 30, 2017 (in millions of U.S. dollors, except per-share amounts) 2019 2018 Revenues $25,000.0 $24,590.0 Cost of sales 21,167.5 21,058.9 Gross profit 13,832.5 13,531.1 Operating, selling, administrative, and general expenses 2,922.5 2,776.2 Restructuring costs 12.9 59.9 (Gain) loss on disposal of property and equipment and other assets (21.9) (18.3) Depreciation, amortization, and impairment of property and 287.5 272.9 equipment, intangible assets and other assets Total operating expenses 13,201.0 3,090.7 Operating income 631.5 440,4 Share of earnings of joint ventures and associated companies accounted for using the equity method 25.0 59.0 Net financial expenses 100.6 110.6 Earnings before incong taxes 555.9 388.8 Income taxes 182.5 108.2 Net earnings 5 373.4 280.6 234.4 2,913.5 596.3 12.6 59.7 549.2 70.5 478.7 Required: Complete the component percentage analysis on the company's statement of earnings that follows (Negative answers should be Indicated by a minus sign. Round the final answers to 2 decimal places, Percentages may not add exactly due to rounding.) 2019 2018 2017 9 % x / Ni CONSOLIDATED STATEMENTS OF EARNINGS For the years ended Apr 21, 2019. Apr 29, 2018, and Apr 30, 2017 in milions of US dollars, except per share amounts) 2019 2018 2017 Revenues $ 25,000,0 s 24,590 O $ 21,310.0 Cost of sales 21.167.5 21,059.9 17,8092 Gross profit 3,8325 3,5311 3,509.8 Operating selling, administrative, and general expenses 29225 27762 2,659.5 Restructurng costs 129 59.9 11.1 (Gan) loss on disposal of property and equipment and other assets (219) (183) (85) Depreciation, amortization, and impairment of property and equipment, intangible assets and other assets 2875 2729 2344 Total operating expenses 3.2010 3.090 7 2.9135 Operating income 6315 440.4 596 3 Share of earnings of joint ventures and associated companies accounted for using the equy method 250 59.0 12.6 Net Enancial expenses 1006 1106 59 7 Earnings before income taxes 5559 3988 549.2 Income taxes 1825 103 2 705 $ 373 4 5 2006 5 % Net earrings 4707
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