FINANCIAL SUSTAINABILITY

YEAR IN REVIEW – OUR RESULTS

NON-OPERATING ITEMS

 

NON-OPERATING ITEMS

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.

Proud to be your CBC at the 10th annual DiverseCity Multicultural Street Festival in Charlottetown, PEI.