FINANCIAL SUSTAINABILITY
YEAR IN REVIEW – OUR RESULTS
NON-OPERATING ITEMS
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In 2016-2017, our non-operating loss was $2.4 million. This includes asset retirements in addition to impairment losses on assets held for sale following a revaluation of their estimated fair value.
Last year, cumulative losses were more than offset by gains on the disposal of our mobile production assets and insurance proceeds from a truck destroyed by fire, resulting in a $0.3 million gain.
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Proud to be your CBC at the 10th annual DiverseCity Multicultural Street Festival in Charlottetown, PEI.