Strategic Provider of End-to-End Automation Solutions
TM
Appendix: Reconciliation of Non-IFRS Measures to IFRS Measures
The following table reconciles adjusted EBITDA and EBITDA to the most directly
comparable IFRS measure (net income) (in millions of dollars):
(C$ mm)
Order Backlog Continuity (in millions of dollars)
■// ATS
F2018 F2019 | F2020 F2021 F2022 | F2023
Adjusted EBITDA
137.2 162.6 192.8 208.0
Restructuring charges
11.2
26.6
14.3
359.5 401.2
5.9
27.5
Q2 Q2
F2024 F2023
116.2 89.8
Measure (C$ mm)¹
F2018 F2019 F2020
F2021 F2022 F2023
Opening Order Backlog
681
746
904
942
1,160
Q2
F2024
1,438 2,153
1.3
Gain on sale of facility
Acquisition-related
transaction costs
Acquisition-related inventory
fair value charges
Contingent consideration
adjustment
Mark to market portion of
(5.3)
Revenues
(1,115) (1,254) (1,430) (1,430)
(2,183) (2,577) (1,489)
4.7
1.5
6.7
12.0
3.1
1.2
0.5
Order Bookings
1,182
1,408 1,468
1,626 2,456 3,256 1,432
I
I
25.7
9.2
3.9
Order Backlog
(2)
4
22
5
36
(80)
Adjustments
-
|
(5.6)
(1.7)
-
Ending Order Backlog
746
904
942
1,160
1,438 2,153 2,016
3.9
0.7
stock based compensation
(2.3)
7.3
15.6 13.4 (2.0) 1.0
EBITDA
122.1
157.2 167.0 190.6 302.0 348.0
Less: depreciation and
36.6
42.4
71.4
71.0 115.4
117.0 83.1
125.5 34.0 30.1
amortization expense
Earnings from operations
85.5
Less: net finance costs
23.8
114.8 95.6
20.9 28.1
119.6 186.6 222.5
40.1 32.2 62.7
83.0 53.0
15.5 13.4
Less: provision for income
14.4
23.1
14.6
15.4
33.0
32.1
16.8 10.1
taxes
Net income
47.3
70.8
52.9
64.1 121.4
127.7
50.7 29.5
1 Order Backlog ties to supplemental measure, not Non-IFRS to IFRS reconciliation
20
20View entire presentation