Quarterly Financial Highlights

 
  Quarters ended August 31
2014 2013(2) Change
(in thousands of dollars, except percentages and per share data) $ $ %
   
Operations
Revenue 490,155 470,386 4.2
Adjusted EBITDA(1) 230,830 222,539 3.7
Operating margin(1) 47.1% 47.3% -
Impairment of property, plant and equipment 3,296 - -
Profit for the period 63,848 43,870 45.5
 
Cash Flow
Cash flow from operating activities 329,195 228,230 44.2
Cash flow from operations(1) 187,276 161,581 15.9
Acquisitions of property, plant and equipment, intangible and other assets(3) 165,125 108,095 52.8
Free cash flow(1) 22,151 53,486 (58.6)
 
Financial Condition(4)
Property, plant and equipment 1,830,971 1,854,155 (1.3)
Total assets 5,173,741 5,149,211 0.5
Indebtedness(5) 2,744,746 2,944,182 (6.8)
Shareholders’ equity 1,508,256 1,342,940 12.3
 
Capital intensity(1) 33.7% 23.0% -
 
Per Share Data(6)
Earnings per share      
Basic 1.31 0.90 45.6
Diluted 1.30 0.89 46.1
 

(1) The indicated terms do not have standardized definitions prescribed by IFRS and therefore, may not be comparable to similar measures presented by other companies. For more details, please consult the “Non-IFRS financial measures” section of the MD&A.

(2) Comparative figures have been adjusted to comply with the adoption of IAS 19 Employee Benefits. For further details, please refer to Note 3 of the consolidated financial statements.

(3) Fiscal 2013 fourth-quarter and fiscal 2013 acquisitions of property, plant and equipment, intangible and other assets include assets acquired under finance lease of $0.9 million that are excluded from the statements of cash flows.

(4) At August 31, 2014 and August 31, 2013.

(5) Indebtedness is defined as the total of bank indebtedness, principal on long-term debt and obligations under derivative financial instruments.

(6) Per multiple and subordinate voting share.