Are you investing in this company according to the financial statements of 2020?

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HARDWOODS DISTRIBUTION INC. Consolidated Statements of Cash Flows (Expressed in thousands of Canadian dollars) Cash flow from (used in) operating activities: Profit for the year Adjustments for: Depreciation and amortization Gain on sale of property, plant & equipment and ROU Share-based compensation expense Income tax expense Net finance expense Impairment of assets Interest received Interest paid Income taxes paid Changes in non-cash working capital: Accounts receivable Inventaries Prepaid expenses Accounts payable and accrued liabilities Net cash provided by operating activities Cash flow (used in) financing activities: (Decrease) increase in bank indebtedness Principle payments on finance lease obligation Repurchase of common shares Dividends paid to shareholders Net cash used in financing activities Cash flow from (used in) investing activities: Additions to property, plant & equipment Disposal of property, plant & equipment and ROU Business acquisitions Additions to internally generated software Receipt (payments) on non-current receivables Increase in investments Net cash used in investing activities (Decrease) increase in cash and cash equivalents Cash and cash equivalents, beginning of period Foreign exchange gain on cash held in foreign currency Cash and cash equivalents, end of period Nate 9 14(b) 15 16 9 14(a) 5 9 4 11 S 2020 37,602 S 31,229 (547) 3,551 13,354 7,593 3,085 459 (3,347) (9,471) 83,508 287 (2,308) (1,475) 1,845 (1,651) 81,857 (26,252) (27,976) (2,831) (7,165) (64,224) (2,804) 607 (22,802) (316) 317 (7,700) (32,698) (15,065) 15,118 531 584 S 2019 29,581 27,963 (635) 2,249 9,520 9,158 626 (4,293) (7,299) 66,860 3,180 16,107 (5,442) 12,099 25,944 92,804 13,317 (26,346) (3,443) (6,854) (23,326) (3,321) 664 (52,850) (282) (118) (55,907) 13,571 1,547 15,118 (Expressed in thousands of Canadian dollars) Assets Current assets: Cash and cash equivalents Accounts and other receivables Income taxes receivable Inventaries Prepaid and other assets Total current assets Non-current assets: Non-current receivables and investments Property, plant and equipment Right of use assets Intangible assets Deferred income taxes Goodwill Total non-current assets Total assets Liabilities Current liabilities: Bank indebtedness. Accounts payable and accrued liabilities Income taxes payable Lease obligation Dividend payable Total current liabilities Non-current liabilities: Lease obligation Other liabilities Total non-current liabilities Total liabilities Shareholders' equity Share capital Contributed surplus Retained earnings Accumulated other comprehensive income Shareholders' equity Total abilities and shareholders' equity Note 7 15 8 7910 10 15 12 December 31. December 31, 2020 2019 584 $ 15,118 118,847 113,740 820 219,386 207,935 11,082 9,887 349,899 347,500 9,109 2,376 17,168 20,430 103,066 93,982 24,557 28,248 4,068 4,461 78,089 72,974 236,057 222,471 585,956 $ 569,971 94,986 $ 121,548 62,356 53,805 2,787 24,855 24,973 2,100 1,809 187,084 202,135 92,609 83,726 917 665 93,526 84,391 280,610 286,526 112,458 113,837 104,705 104,850 78,434 48,288 9,749 16,470 305,346 283,445 585,956 569,971 $ 13 $ 15 10 5 10 14(a) $ $ HARDWOODS DISTRIBUTION INC. Consolidated Statements of Cash Flows (Expressed in thousands of Canadian dollars) Cash flow from (used in) operating activities: Profit for the year Adjustments for: Depreciation and amortization Gain on sale of property, plant & equipment and ROU Share-based compensation expense Income tax expense Net finance expense Impairment of assets Interest received Interest paid Income taxes paid Changes in non-cash working capital: Accounts receivable Inventaries Prepaid expenses Accounts payable and accrued liabilities Net cash provided by operating activities Cash flow (used in) financing activities: (Decrease) increase in bank indebtedness Principle payments on finance lease obligation Repurchase of common shares Dividends paid to shareholders Net cash used in financing activities Cash flow from (used in) investing activities: Additions to property, plant & equipment Disposal of property, plant & equipment and ROU Business acquisitions Additions to internally generated software Receipt (payments) on non-current receivables Increase in investments Net cash used in investing activities (Decrease) increase in cash and cash equivalents Cash and cash equivalents, beginning of period Foreign exchange gain on cash held in foreign currency Cash and cash equivalents, end of period Nate 9 14(b) 15 16 9 14(a) 5 9 4 11 S 2020 37,602 S 31,229 (547) 3,551 13,354 7,593 3,085 459 (3,347) (9,471) 83,508 287 (2,308) (1,475) 1,845 (1,651) 81,857 (26,252) (27,976) (2,831) (7,165) (64,224) (2,804) 607 (22,802) (316) 317 (7,700) (32,698) (15,065) 15,118 531 584 S 2019 29,581 27,963 (635) 2,249 9,520 9,158 626 (4,293) (7,299) 66,860 3,180 16,107 (5,442) 12,099 25,944 92,804 13,317 (26,346) (3,443) (6,854) (23,326) (3,321) 664 (52,850) (282) (118) (55,907) 13,571 1,547 15,118 (Expressed in thousands of Canadian dollars) Assets Current assets: Cash and cash equivalents Accounts and other receivables Income taxes receivable Inventaries Prepaid and other assets Total current assets Non-current assets: Non-current receivables and investments Property, plant and equipment Right of use assets Intangible assets Deferred income taxes Goodwill Total non-current assets Total assets Liabilities Current liabilities: Bank indebtedness. Accounts payable and accrued liabilities Income taxes payable Lease obligation Dividend payable Total current liabilities Non-current liabilities: Lease obligation Other liabilities Total non-current liabilities Total liabilities Shareholders' equity Share capital Contributed surplus Retained earnings Accumulated other comprehensive income Shareholders' equity Total abilities and shareholders' equity Note 7 15 8 7910 10 15 12 December 31. December 31, 2020 2019 584 $ 15,118 118,847 113,740 820 219,386 207,935 11,082 9,887 349,899 347,500 9,109 2,376 17,168 20,430 103,066 93,982 24,557 28,248 4,068 4,461 78,089 72,974 236,057 222,471 585,956 $ 569,971 94,986 $ 121,548 62,356 53,805 2,787 24,855 24,973 2,100 1,809 187,084 202,135 92,609 83,726 917 665 93,526 84,391 280,610 286,526 112,458 113,837 104,705 104,850 78,434 48,288 9,749 16,470 305,346 283,445 585,956 569,971 $ 13 $ 15 10 5 10 14(a) $ $