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MTY Food Group Inc. is a Canadian franchisor and operator of numerous quick service restaurants operating under 7 5 brand names such as Thai Express,
MTY Food Group Inc. is a Canadian franchisor and operator of numerous quick service restaurants operating under brand names such as Thai Express, Mucho Burrito, Sushi Go Jugo Juice, Tutti Frutti, and Manchu Wok. Its annual report for included the following statements:
MTY FOOD GROUP INC.
Consolidated Statements of Income loss
Years Ended November and
in thousands of Canadian dollars, except pershare amounts
Revenue $ $
Expenses
Operating expenses
Depreciationproperty plant and equipment, and rightofuse assets
Amortizationintangible assets
Interest on longterm debt
Net interest expense on leases
Impairment chargesrightofuse assets
Net impairment chargeproperty plant and equipment, intangible assets and goodwill
Share of net loss profit of a joint venture accounted for using the equity method
Other expenses income
Unrealized and realized foreign exchange loss gain
Interest income
Gain on derecognitionlease modification of lease liabilities
Gain loss on disposal of property, plant and equipment, and assets held for sale
Revaluation of financial liabilities recorded at fair value
Income loss before taxes
Income tax expense recovery
Current
Deferred
Net income loss $ $
Income loss per share
Basie
Diluted
MTY FOOD GROUP INC.
Consolidated Statement of Financial Position
As at November and
in thousands of Canadian dollars
Assets
Current assets
Cash $ $
Accounts receivable
Inventories
Current portion of loans and other receivables
Current portion of finance lease receivables
Income taxes receivable
Other assets
Prepaid expenses and deposits
Loans and other receivables
Finance lease receivables
Contract cost asset
Deferred income taxes
Investment in a joint venture
Property, plant and equipment
Rightofuse assets
Intangible assets
Goodwill
$ $
Liabilities and shareholders equity
Liabilities
Current liabilities
Accounts payable and accrued liabilities $ $
Provisions
Gift card and loyalty program liabilities
Income taxes payable
Current portion of deferred revenue and deposits
Current portion of longterm debt
Current portion of lease liabilities
Longterm debt
Lease liabilities
Deferred revenue and deposits
Deferred income taxes
Other liabilities
Shareholders equity
Equity attributable to owners
Capital stock
Reserves
Retained earnings
Equity attributable to noncontrolling interests
$ $
Source: MTY Food Group Inc., Annual Report
Additional information related to at yearend is as follows:
Shareholders equity $
Total assets
Property, plant and equipment
Accounts receivable
Inventories
Accounts payable and accrued liabilities
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