Member Report 2018 - Financials | UFA Co-operative Ltd.

Member Report 2018 - Financials

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FINANCIAL HIGHLIGHTS & FIVE-YEAR SUMMARY

(All figures stated in thousands of Canadian dollars) 2018 2017 2016 2015 2014
Continuing Operations
Revenue
$1,817,492 $1,536,163 $1,227,942 $1,478,250 $2,168,998
Gross margin
$206,195 $169,866 $151,199 $155,028 $206,424
Operating and administrative expenses
$(139,104) $(128,193) $(119,338) $(148,214) $(147,146)
EBITDA (after other income)
$76,627 $47,263 $38,282 $16,948 $66,100
Net income (loss) from Continuing Operations before Patronage Dividend, pension remeasurement and income tax $45,048 $17,101 $4,913 $(18,604) $31,942
Patronage Dividend
$(14,000) $(12,500) $(14,000)

Net Income (Loss) ($M)

Patronage Dividend ($M)

Capital Spending and EBITDA ($M)

$77M

EBITDA.*

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UP 62% FROM $47M in 2017

* Earnings Before Interest, Tax, Depreciation, and Amortization. A key indicator of a company’s financial performance.

$206M

GROSS MARGIN.

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UP FROM $170M in 2017

$12M

NET INCOME.

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UP FROM $2M in 2017

13.1%

RETURN ON CAPITAL (ROIC).*

OUR HIGHEST ROIC IN A DECADE.

* ROIC is an important financial measure that shows the percentage return that UFA is earning from the capital that is invested in the business.

“UFA LOOKS AFTER

ME AND MY BUSINESS.

YOU CAN'T PUT A PRICE

ON RELATIONSHIPS THAT

ARE BUILT ON MUTUAL

RESPECT AND TRUST.”

RANDY CANNAN, UFA MEMBER

INNISFREE, ALBERTA

42 AGENTS.

950 EMPLOYEES.

OVER 110,000 MEMBERS.