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On the consolidated statements of net earnings and comprehensive income on page 3, find the basic earnings per common share amount provided near the bottom,

On the consolidated statements of net earnings and comprehensive income on page 3, find the basic earnings per common share amount provided near the bottom, which is NOT in thousands of dollars. i) Prove the calculation of the basic earnings per share of $1.82 in fiscal 2021 (subject to small rounding error). You will need to know the weighted average number of common shares outstanding in the fiscal year which is also provided at 310,738,000.

ii) Explain WHY earnings per share (EPS) amounts are calculated. That is, what is the purpose in showing EPS? If an investor owned 100,000 Dollarama common shares, what would she conclude from the EPS? iii) The statement of cash flows indicates that Dollarama paid a dividend of $54,770 in fiscal 2021 and $54,144 in fiscal 2020. What percentage of the net earnings for each of fiscal 2021 and fiscal 2020 was paid to investors as a dividend?

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Dollarama Inc. Consolidated Statements of Net Earnings and Comprehensive Income for the years ended (Expressed in thousands of Canadian dollars, except share and per share amounts) January 31, 2021 February 2, 2020 Note 4,026.259 2.261 248 17 1.765011 17 654,032 269.633 (19.654) 861.000 3.787291 2.134.933 1,652,358 551,699 242,785 (10.263) 868,137 100,605 (2.835) 770,367 206,328 564,039 17 95.646 765,354 13 201.006 564,348 (460) Sales Cost of sales Gross profit General, administrative and store operating expenses Depreciation and amortization Share of net earnings of equity-accounted investment Operating income Financing costs Other income Earnings before income taxes Income taxes Net earnings Other comprehensive income Items that may be reclassified subsequently to net eamings Realized losses on financial instruments not subject to basis adjustment Redassification of losses on derivative financial instruments not subject to basis adjustments Foreign currency translation adjustments Share of other comprehensive income (loss) of equity-accounted investment Income tax recovery relating to these items Items that will not be reclassified subsequently to net eamings Unrealized gains (losses) on derivative financial instruments subject to basis adjustments Income tax recovery (expense) relating to these items Total other comprehensive Income (loss), net of income taxes Total comprehensive income Earnings per common share Basic net earnings per common share Diluted net earnings per common share Weighted average number of common shares outstanding (thousands) Weighted average number of diluted common shares outstanding (thousands) (354) (8,061) (378) (647) (3,588) 240 907 49 (27,750) 7,353 12,637 (3.331) (32.620) 9237 573.276 531,728 15 15 $1.82 $1.81 $1.80 $1.78 15 310.738 313.910 15 312.455 317,185 The accompanying notes are an integral part of these consolidated financial statements

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