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For the nine months ended 30 September 2016, Manitoba Telecom Services Inc revenues increased 1% to C$756.3M. Net income before extraordinary items decreased 27% to C$47.4M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by Restructuring and transformation increase from C$6.1M to C$38.7M (expense), Depreciation increase of 9% to C$109.2M (expense).
Period Ending: | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Revenue | 253.3 | 252.3 | 250.7 | 995.2 |
Gross Profit | ||||
Operating Income | 34.4 | 30.2 | 40.3 | 142.7 |
Net Income | 17.9 | 11.3 | 18.7 | -24.4 |
Period Ending: | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Assets | 2103.4 | 2117.9 | 2281.7 | 2674.4 |
Total Liabilities | 1387.8 | 1444.5 | 1428.2 | 1626.2 |
Total Equity | 715.6 | 673.4 | 853.5 | 1048.2 |
Period Ending: | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | 211.9 | 141.7 | 82.2 | 115.3 |
Cash From Investing Activities | 312 | 344.4 | 378.7 | -239.1 |
Cash From Financing Activities | -518 | -472.8 | -281.9 | 75.4 |
Net Change in Cash | 5.9 | 13.3 | 179 | -48.4 |
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