Canadian Tire Corporation, Limited · TSX:CTC
Canadian Tire — Shareholder Meeting (May 2012)
12 slides from Canadian Tire's shareholder meeting presentation, May 10, 2012
Slide 1: Canadian Tire Corporation 2012 Reporting Changes
Canadian Tire Corporation 2012 Reporting Changes
Slide 2: Disclaimer
Disclaimer This presentation has the objective of providing restated quarterly financial information for 2011 to reflect certain changes in reporting made effective January 1, 2012 with prior period restatement. It should be noted that accounting standards interpretations are always subject to chang
Slide 3: Summary of Reporting Changes
Summary of Reporting Changes • Financial Services segmented income statement Certain items within the income statement of the Financial Services segment g that are directly y related to the funding of receivables have been reclassified to better reflect the nature of the business from a segmented pe
Slide 4: Financial Services segmented income statement Q1 2011
Financial Services segmented income statement Q1 2011 Financial Services segment 13 weeks ended April 2, 2011 As previously Revised (C$ in millions) reported Adjustments Total External revenue $ 231.2 $ 1.6 $ 232.8 Intercompany revenue 2.6 - 2.6 Total revenue 233 8 233.8 16 1.6 235 4 235.4 Gross mar
Slide 5: Financial Services segmented income statement Q2 2011
Financial Services segmented income statement Q2 2011 Financial Services segment 13 weeks ended July 2, 2011 As previously Revised (C$ in millions) reported Adjustments Total External revenue $ 231.6 $ 1.7 $ 233.3 Intercompany revenue 3.2 - 3.2 Total revenue 234 8 234.8 17 1.7 236 5 236.5 Gross marg
Slide 6: Financial Services segmented income statement Q3 2011
Financial Services segmented income statement Q3 2011 Financial Services segment 13 weeks ended October 1, 2011 As previously Revised (C$ in millions) reported Adjustments Total External revenue $ 239.6 $ 1.9 $ 241.5 Intercompany revenue 3.5 - 3.5 Total revenue 243 1 243.1 19 1.9 245 0 245.0 Gross m
Slide 7: Financial Services segmented income statement Q4 2011
Financial Services segmented income statement Q4 2011 Financial Services segment 13 weeks ended December 31, 2011 As previously Revised (C$ in millions) reported Adjustments Total External revenue $ 238.8 $ 1.9 $ 240.7 Intercompany revenue 2.8 - 2.8 Total revenue 241.6 1.9 243.5 Gross margin 136.3 (
Slide 8: Consolidated operating expenses by function Q1 2011
Consolidated operating expenses by function Q1 2011 13 weeks ended April 2, 2011 As Previously (C$ in millions) Reported Adjustments Revised Operating expenses Distribution costs 74.7 8.7 83.4 Sales and marketing expenses 252.8 252 8 5.9 5 9 258.7 258 7 Administrative expenses 171.2 (14.6) 156.6 Tot
Slide 9: Consolidated operating expenses by function Q2 2011
Consolidated operating expenses by function Q2 2011 13 weeks ended July 2, 2011 As Previously (C$ in millions) Reported Adjustments Revised Operating expenses Distribution costs 78.9 11.3 90.2 Sales and marketing expenses 292.9 292 9 5.1 5 1 298.0 298 0 Administrative expenses 177.0 (16.4) 160.6 Tot
Slide 10: Consolidated operating expenses by function Q3 2011
Consolidated operating expenses by function Q3 2011 13 weeks ended October 1, 2011 As Previously (C$ in millions) Reported Adjustments Revised Operating expenses Distribution costs 85.8 10.4 96.2 Sales S l and d marketing k ti expenses 330.0 330 0 5.8 5 8 335.8 335 8 Administrative expenses 172.9 (1
Slide 11: Consolidated operating expenses by function Q4 2011
Consolidated operating expenses by function Q4 2011 13 weeks ended December 31, 2011 A Previously As P i l (C$ in millions) Reported Adjustments Revised Operating expenses Distribution costs 89.8 9.1 98.9 Sales and marketing expenses 410.6 4.8 415.4 Administrative expenses 180.4 (13.9) 166.5 Total o
Slide 12: CTR retail sales (POS)
CTR retail sales (POS) The following is the restated consolidated retail sales for each quarter in 2011: Retail Sales (C$ in millions) 2011 Q1 1,974.0 Q2 , 3,028.9 Q3 2,940.3 Q4 3,724.8 T l Total 11 668 0 11,668.0 11 11