SEDAR Interim Financial Statements

[
  {
    "companyName": "Winpak Ltd.",
    "reportingPeriodEnd": "2025-12-28",
    "reportStatus": "Unaudited",
    "auditorName": "KPMG LLP",
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cashAndCashEquivalents": 375621,
      "tradeAndOtherReceivables": 217099,
      "incomeTaxesReceivable": 8948,
      "inventories": 252402,
      "prepaidExpenses": 8711,
      "derivativeFinancialInstruments": 721,
      "totalCurrentAssets": 863502,
      "propertyPlantAndEquipment": 657638,
      "intangibleAssetsAndGoodwill": 29270,
      "employeeBenefitPlanAssets": 12595,
      "totalNonCurrentAssets": 699503,
      "totalAssets": 1563005,
      "tradePayablesAndOtherLiabilities": 135551,
      "contractLiabilities": 466,
      "incomeTaxesPayable": 48,
      "derivativeFinancialInstrumentsLiabilities": 47,
      "totalCurrentLiabilities": 136112,
      "employeeBenefitPlanLiabilities": 2637,
      "deferredIncome": 23710,
      "provisionsAndOtherLongTermLiabilities": 14551,
      "deferredTaxLiabilities": 63238,
      "totalNonCurrentLiabilities": 104136,
      "totalLiabilities": 240248,
      "shareCapital": 26348,
      "reserves": 494,
      "retainedEarnings": 1260856,
      "totalEquityAttributableToEquityHoldersOfTheCompany": 1287698,
      "nonControllingInterests": 35059,
      "totalEquity": 1322757,
      "totalEquityAndLiabilities": 1563005,
      "cashPerShare": 6.2658,
      "workingCapitalPerShare": 12.1349
    },
    "incomeStatement": {
      "revenue": 1125419,
      "costOfSales": -783266,
      "grossProfit": 342153,
      "salesMarketingAndDistributionExpenses": -94305,
      "generalAndAdministrativeExpenses": -49912,
      "researchAndTechnicalExpenses": -22245,
      "preProductionExpenses": -397,
      "otherIncomeExpenses": 1361,
      "incomeFromOperations": 176655,
      "financeIncome": 15408,
      "financeExpense": -4421,
      "incomeBeforeIncomeTaxes": 187642,
      "incomeTaxExpense": -50457,
      "netIncomeForThePeriod": 137185,
      "attributableToEquityHoldersOfTheCompany": 137342,
      "attributableToNonControllingInterests": -157,
      "basicAndDilutedEarningsPerShareCents": 225,
      "weightedAverageSharesOutstanding": 61098
    },
    "cashFlowStatement": {
      "netIncomeForThePeriod": 137185,
      "depreciation": 55417,
      "amortizationDeferredIncome": -1815,
      "amortizationIntangibleAssets": 1378,
      "impairmentLossOnGoodwill": 0,
      "employeeDefinedBenefitPlanExpenses": 2483,
      "netFinanceIncome": -10987,
      "incomeTaxExpense": 50457,
      "other": -8005,
      "cashFlowFromOperatingActivitiesBeforeWorkingCapital": 226113,
      "changeInTradeAndOtherReceivables": 1912,
      "changeInInventories": -2019,
      "changeInPrepaidExpenses": -2001,
      "changeInTradePayablesAndOtherLiabilities": -1187,
      "changeInContractLiabilities": -1281,
      "employeeDefinedBenefitPlanContributions": -1280,
      "incomeTaxPaid": -44254,
      "interestReceived": 14415,
      "interestPaid": -4072,
      "netCashFromOperatingActivities": 186346,
      "acquisitionOfPropertyPlantAndEquipmentNet": -84895,
      "acquisitionOfIntangibleAssets": -939,
      "netCashUsedInInvestingActivities": -85834,
      "paymentOfLeaseLiabilities": -1990,
      "dividendsPaid": -139818,
      "repurchaseOfCommonShares": -80344,
      "netCashUsedInFinancingActivities": -222152,
      "changeInCashAndCashEquivalents": -121640,
      "cashAndCashEquivalentsBeginningOfPeriod": 497261,
      "cashAndCashEquivalentsEndOfPeriod": 375621
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Marketable Securities",
        "description": "Cash and cash equivalents held in money market accounts and short-term deposits",
        "ownershipPercentage": null,
        "value": 375621,
        "notes": "Managed under an investment policy to preserve capital, minimize risk, and provide liquidity. Held with 'AA' or higher rated financial institutions."
      },
      {
        "type": "Derivative Financial Instruments",
        "description": "Foreign currency forward contracts designated as cash flow hedges",
        "ownershipPercentage": null,
        "value": 674,
        "notes": "Fair value of US to CDN dollar forward contracts with a notional amount of $63,000. Used to hedge highly probable CDN dollar expenditures."
      }
    ],
    "shareStructure": {
      "authorizedShares": null,
      "issuedShares": 59501953,
      "classesOfShares": ["Common shares"],
      "warrants": [],
      "options": [],
      "rightsConvertibleInstruments": null
    },
    "managementCompensation": {
      "currency": "USD",
      "periods": {},
      "namedIndividuals": [],
      "otherRelatedPartyTransactions": []
    },
    "subsequentEvents": [
      {
        "eventDate": null,
        "description": "Completed the Normal Course Issuer Bid (NCIB) program, repurchasing 839,453 common shares at a weighted average price of CDN $45.00 for aggregate consideration of CDN $37,772 (US $27,606).",
        "impactValue": -27606
      }
    ]
  }
]