Business
CML HealthCare Income Fund Reports 2010 Third Quarter Financial Results
CML HealthCare Income Fund Reports 2010 Third Quarter Financial Results
About this update from Christina Lake Cannabis Corp
[{"type":"text","content":"\n\n\n\n Nov. 11, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nToronto Stock Exchange Symbol: CLC.UN\n\n\nMISSISSAUGA, ON, Nov. 11 /CNW/ - CML HealthCare Income Fund (the "Fund"\n or "CML HealthCare"), (TSX: CLC.UN) today reported its financial\n results for the three and nine-month periods ended September 30, 2010\n (all amounts are in Canadian dollars, unless noted otherwise).\n\n\nConsolidated Financial Highlights: \n\n\n\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\n(C$ millions except percent and per unit amounts)\n\n\nThree- \nmonths \nended \nSeptember\n30, 2010\n("Q3 2010")\n\n\nThree- \nmonths \nended \nSeptember\n30, 2009\n("Q3 2009")\n\n\n% Change \n\n\nNine- \nmonths \nended \nSeptember \n30, 2010 \n("YTD 2010")\n\n\nNine- \nmonths\nended \nSeptember \n30, 2009 \n("YTD 2009")\n\n\n% Change\n\n\n\n\nRevenue\n\n\n$116.8\n\n\n$128.2\n\n\n(8.9%)\n\n\n$361.9\n\n\n$390.5\n\n\n(7.3%)\n\n\n\n\nOperating, general, & administration expenses (OG&A)\n\n\n$85.0\n\n\n$92.8\n\n\n(8.4%)\n\n\n$266.7\n\n\n$284.6\n\n\n(6.3%)\n\n\n\n\nEBITDA(1)\n\n\n$31.8\n\n\n$35.3\n\n\n(10.1%)\n\n\n$95.1\n\n\n$105.9\n\n\n(10.2%)\n\n\n\n\nEBITDA(1) Margin\n\n\n27.2%\n\n\n27.6%\n\n\n(1.4%)\n\n\n26.3%\n\n\n27.1%\n\n\n(3.0%)\n\n\n\n\nNet Earnings\n\n\n$20.1\n\n\n$24.0\n\n\n(16.5%)\n\n\n$63.8\n\n\n$73.0\n\n\n(12.6%)\n\n\n\n\nNet Earnings per unit\n\n\n$0.22\n\n\n$0.27\n\n\n(18.5%)\n\n\n$0.71\n...