None
SEDAR Interim Financial Statements
SAP · Price
[
{
"companyName": "SAPUTO INC.",
"balanceSheet": {
"December31_2025": {
"cashAndCashEquivalents": 447,
"receivables": 1410,
"inventories": 2803,
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"propertyPlantAndEquipment": 4432,
"rightOfUseAssets": 472,
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"bankLoans": 366,
"accountsPayableAndAccruedLiabilities": 2045,
"incomeTaxesPayable": 78,
"currentPortionOfLongTermDebt": 350,
"currentPortionOfLeaseLiabilities": 65,
"totalCurrentLiabilities": 2904,
"longTermDebt": 2284,
"leaseLiabilities": 444,
"otherLiabilities": 159,
"deferredTaxLiabilities": 845,
"totalLiabilities": 6636,
"shareCapital": 2134,
"reserves": 771,
"retainedEarnings": 3778,
"totalEquity": 6683,
"totalLiabilitiesAndEquity": 13319,
"cashPerShare": null,
"workingCapitalPerShare": null
},
"March31_2025": {
"cashAndCashEquivalents": 257,
"receivables": 1565,
"inventories": 2927,
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"prepaidExpensesAndOtherAssets": 85,
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"propertyPlantAndEquipment": 4693,
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"deferredTaxAssets": 78,
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"bankLoans": 364,
"accountsPayableAndAccruedLiabilities": 2269,
"incomeTaxesPayable": 39,
"currentPortionOfLongTermDebt": 465,
"currentPortionOfLeaseLiabilities": 65,
"totalCurrentLiabilities": 3202,
"longTermDebt": 2234,
"leaseLiabilities": 466,
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"deferredTaxLiabilities": 903,
"totalLiabilities": 6936,
"shareCapital": 2150,
"reserves": 1029,
"retainedEarnings": 3798,
"totalEquity": 6977,
"totalLiabilitiesAndEquity": 13913,
"cashPerShare": null,
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}
},
"incomeStatement": {
"thirdQuarter_2025": {
"revenues": 4888,
"operatingCostsExcludingDepreciationAmortizationAndRestructuringCosts": 4396,
"earningsBeforeIncomeTaxesFinancialChargesGainLossOnHyperinflationRestructuringCostsDepreciationAndAmortizationAndGoodwillAndIntangibleAssetsImpairmentCharge": 492,
"depreciationAndAmortization": 156,
"goodwillAndIntangibleAssetsImpairmentCharge": null,
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"gainLossOnHyperinflation": null,
"financialCharges": 38,
"earningsLossBeforeIncomeTaxes": 298,
"incomeTaxes": 78,
"netEarningsLoss": 220,
"netEarningsLossPerShareBasic": 0.54,
"netEarningsLossPerShareDiluted": 0.53,
"weightedAverageNumberOfSharesOutstandingBasic": 409373692,
"weightedAverageNumberOfSharesOutstandingDiluted": 412147602
},
"thirdQuarter_2024": {
"revenues": 4994,
"operatingCostsExcludingDepreciationAmortizationAndRestructuringCosts": 4577,
"earningsBeforeIncomeTaxesFinancialChargesGainLossOnHyperinflationRestructuringCostsDepreciationAndAmortizationAndGoodwillAndIntangibleAssetsImpairmentCharge": 417,
"depreciationAndAmortization": 161,
"goodwillAndIntangibleAssetsImpairmentCharge": 684,
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"gainLossOnHyperinflation": -5,
"financialCharges": 52,
"earningsLossBeforeIncomeTaxes": -475,
"incomeTaxes": 43,
"netEarningsLoss": -518,
"netEarningsLossPerShareBasic": -1.22,
"netEarningsLossPerShareDiluted": -1.22,
"weightedAverageNumberOfSharesOutstandingBasic": 424064901,
"weightedAverageNumberOfSharesOutstandingDiluted": 424064901
},
"nineMonthPeriod_2025": {
"revenues": 14240,
"operatingCostsExcludingDepreciationAmortizationAndRestructuringCosts": 12872,
"earningsBeforeIncomeTaxesFinancialChargesGainLossOnHyperinflationRestructuringCostsDepreciationAndAmortizationAndGoodwillAndIntangibleAssetsImpairmentCharge": 1368,
"depreciationAndAmortization": 465,
"goodwillAndIntangibleAssetsImpairmentCharge": null,
"restructuringCosts": 6,
"gainLossOnHyperinflation": -2,
"financialCharges": 125,
"earningsLossBeforeIncomeTaxes": 774,
"incomeTaxes": 204,
"netEarningsLoss": 570,
"netEarningsLossPerShareBasic": 1.38,
"netEarningsLossPerShareDiluted": 1.38,
"weightedAverageNumberOfSharesOutstandingBasic": 412516715,
"weightedAverageNumberOfSharesOutstandingDiluted": 413972431
},
"nineMonthPeriod_2024": {
"revenues": 14308,
"operatingCostsExcludingDepreciationAmortizationAndRestructuringCosts": 13119,
"earningsBeforeIncomeTaxesFinancialChargesGainLossOnHyperinflationRestructuringCostsDepreciationAndAmortizationAndGoodwillAndIntangibleAssetsImpairmentCharge": 1189,
"depreciationAndAmortization": 462,
"goodwillAndIntangibleAssetsImpairmentCharge": 684,
"restructuringCosts": 7,
"gainLossOnHyperinflation": 16,
"financialCharges": 139,
"earningsLossBeforeIncomeTaxes": -119,
"incomeTaxes": 131,
"netEarningsLoss": -250,
"netEarningsLossPerShareBasic": -0.59,
"netEarningsLossPerShareDiluted": -0.59,
"weightedAverageNumberOfSharesOutstandingBasic": 424245172,
"weightedAverageNumberOfSharesOutstandingDiluted": 424245172
}
},
"cashFlowStatement": {
"thirdQuarter_2025": {
"netEarningsLoss": 220,
"adjustmentsForStockBasedCompensation": 27,
"financialCharges": 38,
"incomeTaxExpense": 78,
"depreciationAndAmortization": 156,
"goodwillAndIntangibleAssetsImpairmentCharge": null,
"restructuringCosts": null,
"gainOnDisposalOfPropertyPlantAndEquipment": -2,
"foreignExchangeLossOnDebt": null,
"gainLossOnHyperinflation": null,
"shareOfJointVentureEarningsNetOfDividendsReceivedAndOther": -3,
"changesInNonCashOperatingWorkingCapitalItems": 13,
"cashGeneratedFromOperatingActivities": 527,
"interestAndFinancialChargesPaid": -65,
"incomeTaxesPaid": -61,
"netCashGeneratedFromOperatingActivities": 401,
"additionsToPropertyPlantAndEquipment": -79,
"additionsToIntangibleAssets": -3,
"proceedsFromDisposalOfPropertyPlantAndEquipment": 5,
"netCashUsedForInvestingActivities": -77,
"bankLoans": 91,
"proceedsFromIssuanceOfLongTermDebt": null,
"repaymentOfLongTermDebt": null,
"repaymentOfLeaseLiabilities": -16,
"proceedsFromExerciseOfStockOptions": 26,
"sharesPurchasedForCancellationUnderNormalCourseIssuerBidAndApplicableTaxes": -188,
"paymentOfDividends": -82,
"netCashUsedForFinancingActivities": -169,
"increaseDecreaseInCashAndCashEquivalents": 155,
"cashAndCashEquivalentsBeginningOfPeriod": 296,
"effectOfExchangeRateChanges": -4,
"cashAndCashEquivalentsEndOfPeriod": 447
},
"thirdQuarter_2024": {
"netEarningsLoss": -518,
"adjustmentsForStockBasedCompensation": 1,
"financialCharges": 52,
"incomeTaxExpense": 43,
"depreciationAndAmortization": 161,
"goodwillAndIntangibleAssetsImpairmentCharge": 684,
"restructuringCosts": null,
"gainOnDisposalOfPropertyPlantAndEquipment": null,
"foreignExchangeLossOnDebt": null,
"gainLossOnHyperinflation": -5,
"shareOfJointVentureEarningsNetOfDividendsReceivedAndOther": -1,
"changesInNonCashOperatingWorkingCapitalItems": 50,
"cashGeneratedFromOperatingActivities": 467,
"interestAndFinancialChargesPaid": -70,
"incomeTaxesPaid": -15,
"netCashGeneratedFromOperatingActivities": 382,
"additionsToPropertyPlantAndEquipment": -81,
"additionsToIntangibleAssets": -1,
"proceedsFromDisposalOfPropertyPlantAndEquipment": 2,
"netCashUsedForInvestingActivities": -80,
"bankLoans": 108,
"proceedsFromIssuanceOfLongTermDebt": null,
"repaymentOfLongTermDebt": -414,
"repaymentOfLeaseLiabilities": -14,
"proceedsFromExerciseOfStockOptions": null,
"sharesPurchasedForCancellationUnderNormalCourseIssuerBidAndApplicableTaxes": -31,
"paymentOfDividends": -81,
"netCashUsedForFinancingActivities": -432,
"increaseDecreaseInCashAndCashEquivalents": -130,
"cashAndCashEquivalentsBeginningOfPeriod": 455,
"effectOfExchangeRateChanges": 5,
"cashAndCashEquivalentsEndOfPeriod": 330
},
"nineMonthPeriod_2025": {
"netEarningsLoss": 570,
"adjustmentsForStockBasedCompensation": 66,
"financialCharges": 125,
"incomeTaxExpense": 204,
"depreciationAndAmortization": 465,
"goodwillAndIntangibleAssetsImpairmentCharge": null,
"restructuringCosts": 6,
"gainOnDisposalOfPropertyPlantAndEquipment": -2,
"foreignExchangeLossOnDebt": null,
"gainLossOnHyperinflation": -2,
"shareOfJointVentureEarningsNetOfDividendsReceivedAndOther": -10,
"changesInNonCashOperatingWorkingCapitalItems": -9,
"cashGeneratedFromOperatingActivities": 1413,
"interestAndFinancialChargesPaid": -149,
"incomeTaxesPaid": -174,
"netCashGeneratedFromOperatingActivities": 1090,
"additionsToPropertyPlantAndEquipment": -226,
"additionsToIntangibleAssets": -5,
"proceedsFromDisposalOfPropertyPlantAndEquipment": 26,
"netCashUsedForInvestingActivities": -205,
"bankLoans": 32,
"proceedsFromIssuanceOfLongTermDebt": 400,
"repaymentOfLongTermDebt": -465,
"repaymentOfLeaseLiabilities": -46,
"proceedsFromExerciseOfStockOptions": 42,
"sharesPurchasedForCancellationUnderNormalCourseIssuerBidAndApplicableTaxes": -405,
"paymentOfDividends": -243,
"netCashUsedForFinancingActivities": -685,
"increaseDecreaseInCashAndCashEquivalents": 200,
"cashAndCashEquivalentsBeginningOfPeriod": 257,
"effectOfExchangeRateChanges": -10,
"cashAndCashEquivalentsEndOfPeriod": 447
},
"nineMonthPeriod_2024": {
"netEarningsLoss": -250,
"adjustmentsForStockBasedCompensation": 24,
"financialCharges": 139,
"incomeTaxExpense": 131,
"depreciationAndAmortization": 462,
"goodwillAndIntangibleAssetsImpairmentCharge": 684,
"restructuringCosts": 7,
"gainOnDisposalOfPropertyPlantAndEquipment": -1,
"foreignExchangeLossOnDebt": 2,
"gainLossOnHyperinflation": 16,
"shareOfJointVentureEarningsNetOfDividendsReceivedAndOther": -6,
"changesInNonCashOperatingWorkingCapitalItems": -209,
"cashGeneratedFromOperatingActivities": 999,
"interestAndFinancialChargesPaid": -157,
"incomeTaxesPaid": -107,
"netCashGeneratedFromOperatingActivities": 735,
"additionsToPropertyPlantAndEquipment": -268,
"additionsToIntangibleAssets": -3,
"proceedsFromDisposalOfPropertyPlantAndEquipment": 99,
"netCashUsedForInvestingActivities": -172,
"bankLoans": 48,
"proceedsFromIssuanceOfLongTermDebt": null,
"repaymentOfLongTermDebt": -414,
"repaymentOfLeaseLiabilities": -72,
"proceedsFromExerciseOfStockOptions": 1,
"sharesPurchasedForCancellationUnderNormalCourseIssuerBidAndApplicableTaxes": -31,
"paymentOfDividends": -240,
"netCashUsedForFinancingActivities": -708,
"increaseDecreaseInCashAndCashEquivalents": -145,
"cashAndCashEquivalentsBeginningOfPeriod": 466,
"effectOfExchangeRateChanges": 9,
"cashAndCashEquivalentsEndOfPeriod": 330
}
},
"investmentsAndOtherAssets": [
{
"type": "Joint Ventures",
"description": "Share of joint venture earnings, net of dividends received and other",
"value": null,
"notes": "Mentioned in cash flow statement adjustments"
},
{
"type": "Financial Instruments",
"description": "Cash flow hedges (equity forward contracts, commodity derivatives, foreign exchange derivatives)",
"value": null,
"notes": "Fair value disclosed in Note 15"
},
{
"type": "Intangible Assets",
"description": "Goodwill and other intangible assets",
"value": 3469,
"notes": "Sum of Goodwill ($2,497M) and Intangible Assets ($972M) as at Dec 31, 2025"
}
],
"shareStructure": {
"authorizedShares": "unlimited",
"issuedShares": 407013401,
"classesOfShares": ["common"],
"warrants": [],
"options": [
{
"number": 21005137,
"exercisePrice": 34.67,
"expiryDate": null
}
],
"rights": null,
"convertibleInstruments": null,
"notes": "Common shares are voting and participating. Normal Course Issuer Bid (NCIB) in place. Stock Option Plan details in Note 9."
},
"managementCompensation": {
"currency": "CAD",
"periods": {},
"namedIndividuals": [],
"otherRelatedPartyTransactions": [],
"balancesDueToRelatedParties": {}
}
}
]
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