ATS Business Model and Strategic M&A Impact
Appendix: Reconciliation of Non-IFRS Measures to IFRS Measures
(C$ mm)
F2018 F2019 F2020 F2021 F2022 F2023
Measure (C$ mm)¹
F2018
F2019 F2020 F2021
F2022 F2023
Adjusted EBITDA
137.2
162.6
192.8
208.0
359.5
401.2
Restructuring charges
11.2
26.6
14.3
5.9
27.5
Opening Order Backlog
681
746
904
942
1,160
1,438
Share purchase allowance
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)
4.7
1.5
6.7
12.0
3.1
Order Bookings
1,182
1,408
1,468
1,626
2,456
3,256
|
|
-
|
25.7
9.2
Order Backlog Adjustments
(2)
4
22
5
36
-
-
|
-
(5.6)
(1.7)
Ending Order Backlog
746
904
942
1,160
1,438
2,153
3.9
0.7
(2.3)
7.3
15.6
13.4
stock based compensation
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
125.5
amortization expense
Earnings from operations
85.5
114.8
95.6
119.6
186.6
222.5
Less: net finance costs
23.8
20.9
28.1
40.1
32.2
62.7
Less: provision for income
14.5
23.1
14.6
15.4
33.0
32.1
taxes
Net income
47.2
70.8
52.9
64.1
121.4
127.7
1
18
Order Backlog ties to supplemental measure, not Non-IFRS to IFRS reconciliationView entire presentation