SEDAR Interim Financial Statements

[
  {
    "companyName": "METRO INC.",
    "reportingPeriodEnd": "2026-03-14",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cashAndCashEquivalents": 131.1,
      "accountsReceivable": 763.9,
      "accountsReceivableOnSubleases": 98.1,
      "inventories": 1630.6,
      "prepaidExpenses": 116.5,
      "currentTaxes": 45.9,
      "totalCurrentAssets": 2786.1,
      "fixedAssets": 4006.3,
      "rightOfUseAssets": 1005.5,
      "intangibleAssets": 2643.4,
      "goodwill": 3317.1,
      "deferredTaxes": 34.2,
      "definedBenefitAssets": 278.7,
      "accountsReceivableOnSubleasesNonCurrent": 374.7,
      "otherAssets": 101.3,
      "totalNonCurrentAssets": 11761.2,
      "totalAssets": 14547.3,
      "accountsPayable": 1548.6,
      "deferredRevenues": 53.5,
      "currentTaxesLiability": 46.0,
      "currentPortionOfDebt": 15.5,
      "currentPortionOfLeaseLiabilities": 288.2,
      "totalCurrentLiabilities": 1951.8,
      "debtNonCurrent": 3169.6,
      "leaseLiabilitiesNonCurrent": 1336.0,
      "definedBenefitLiabilities": 40.6,
      "deferredTaxesNonCurrent": 1088.4,
      "otherLiabilities": 2.8,
      "totalNonCurrentLiabilities": 5637.4,
      "totalLiabilities": 7589.2,
      "equityAttributableToParent": 6940.1,
      "nonControllingInterest": 18.0,
      "totalEquity": 6958.1,
      "derivedMetrics": {
        "cashPerShare": 0.6178,
        "workingCapitalPerShare": 3.9318
      }
    },
    "incomeStatement": {
      "sales": 5113.0,
      "costOfSales": -4085.9,
      "grossProfit": 1027.1,
      "operatingExpenses": -538.9,
      "gainsOnDisposalOfAssets": 20.4,
      "operatingIncomeBeforeDepreciationAndAmortization": 508.6,
      "depreciationAndAmortization": -144.3,
      "netFinancialCosts": -37.3,
      "earningsBeforeIncomeTaxes": 327.0,
      "incomeTaxes": -80.4,
      "netEarnings": 246.6,
      "netEarningsAttributableToEquityHolders": 246.5,
      "netEarningsAttributableToNonControllingInterest": 0.1,
      "basicEarningsPerShare": 1.17,
      "dilutedEarningsPerShare": 1.16,
      "weightedAverageSharesOutstandingBasic": 212200000,
      "weightedAverageSharesOutstandingDiluted": 213000000
    },
    "cashFlowStatement": {
      "operatingActivities": {
        "earningsBeforeIncomeTaxes": 327.0,
        "nonCashItems": {
          "depreciationAndAmortization": 144.3,
          "gainsOnDisposalOfAssets": -20.4,
          "shareBasedCompensation": 3.3,
          "differenceInEmployeeBenefits": 10.2,
          "netFinancialCosts": 37.3,
          "totalNonCashItems": 501.7
        },
        "netChangeInNonCashWorkingCapital": 123.5,
        "incomeTaxesPaid": -65.3,
        "netCashFromOperatingActivities": 559.9
      },
      "investingActivities": {
        "buyoutOfMinorityInterests": 0,
        "netChangeInOtherAssets": -6.6,
        "additionsToFixedAssets": -70.0,
        "disposalsOfFixedAssets": 37.6,
        "additionsToIntangibleAssets": -15.3,
        "paymentsReceivedFromSubleases": 24.1,
        "interestReceivedFromSubleases": 3.4,
        "netCashUsedInInvestingActivities": -26.8
      },
      "financingActivities": {
        "sharesIssued": 3.4,
        "sharesRedeemed": -222.5,
        "acquisitionOfTreasuryShares": -5.8,
        "increaseInDebt": 350.0,
        "repaymentOfDebt": -356.8,
        "interestPaidOnDebt": -17.5,
        "paymentOfLeaseLiabilitiesPrincipal": -71.3,
        "paymentOfLeaseLiabilitiesInterest": -13.1,
        "dividends": -86.3,
        "netCashUsedInFinancingActivities": -419.9
      },
      "netChangeInCash": 113.2,
      "cashAtBeginning": 17.9,
      "cashAtEnd": 131.1
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Loans to customers",
        "description": "Loans to certain customers",
        "ownershipPercentage": null,
        "value": 52.7,
        "notes": "From Note 8 - Financial Instruments"
      }
    ],
    "shareStructure": {
      "authorizedShares": null,
      "issuedShares": 211196000,
      "classesOfShares": [
        "Common Shares"
      ],
      "warrants": [],
      "options": [
        {
          "number": 2099000,
          "exercisePrice": 73.62,
          "expiryDate": null
        }
      ],
      "rightsConvertibleInstruments": "Performance share units: 530,000 outstanding"
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": null,
      "namedIndividuals": [],
      "otherRelatedPartyTransactions": []
    },
    "subsequentEvents": [
      {
        "eventDate": "2026-03-30",
        "description": "Strike at produce distribution centre in Laval",
        "impactValue": null
      },
      {
        "eventDate": "2026-04-21",
        "description": "Declaration of quarterly dividend of $0.4075 per share",
        "impactValue": null
      }
    ]
  }
]