| CELESTICA INC. | |||||||
| CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME | |||||||
| (in millions of U.S. dollars) | |||||||
| (unaudited) | |||||||
| Three months ended | |||||||
| March 31 | |||||||
|
2022
|
2023
| ||||||
| Net earnings for the period | $ | 21.8 | $ | 24.7 | |||
| Other comprehensive income (loss), net of tax: | |||||||
| Items that may be reclassified to net earnings: | |||||||
| Currency translation differences for foreign operations | (2.8 | ) | (1.5 | ) | |||
| Changes from currency forward derivative hedges | 3.0 | 1.1 | |||||
| Changes from interest rate swap derivative hedges | 10.5 | (3.6 | ) | ||||
| Total comprehensive income for the period | $ | 32.5 | $ | 20.7 | |||
The accompanying notes are an integral part of these unaudited interim condensed consolidated financial statements.
| CELESTICA INC. | ||||||||||||||||||||||||
| CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY | ||||||||||||||||||||||||
| (in millions of U.S. dollars) | ||||||||||||||||||||||||
| (unaudited) | ||||||||||||||||||||||||
| Note |
Capital
stock (note 7 ) |
Treasury
stock (note 7 ) |
Contributed
surplus | Deficit |
Accumulated
other comprehensive loss (a) |
Total
equity | ||||||||||||||||||
| Balance -- January 1, 2022 | $ | 1,764.5 | $ | (48.9 | ) | $ | 1,029.8 | $ | (1,255.6 | ) | $ | (26.8 | ) | $ | 1,463.0 | |||||||||
| Capital transactions: | 7 | |||||||||||||||||||||||
| Issuance of capital stock | 0.2 | — | (0.1 | ) | — | — | 0.1 | |||||||||||||||||
| Repurchase of capital stock for cancellation (b) | (10.8 | ) | — | 10.5 | — | — | (0.3 | ) | ||||||||||||||||
| Purchase of treasury stock for stock-based compensation (SBC) plans (c) | — | (1.0 | ) | — | — | — | (1.0 | ) | ||||||||||||||||
| Equity-settled SBC | — | 30.9 | (15.8 | ) | — | — | 15.1 | |||||||||||||||||
| Total comprehensive income (loss): | ||||||||||||||||||||||||
| Net earnings for the period | — | — | — | 21.8 | — | 21.8 | ||||||||||||||||||
| Other comprehensive income (loss), net of tax: | ||||||||||||||||||||||||
| Currency translation differences for foreign operations | — | — | — | — | (2.8 | ) | (2.8 | ) | ||||||||||||||||
| Changes from currency forward derivative hedges | — | — | — | — | 3.0 | 3.0 | ||||||||||||||||||
| Changes from interest rate swap derivative hedges | — | — | — | — | 10.5 | 10.5 | ||||||||||||||||||
| Balance -- March 31, 2022 | $ | 1,753.9 | $ | (19.0 | ) | $ | 1,024.4 | $ | (1,233.8 | ) | $ | (16.1 | ) | $ | 1,509.4 | |||||||||
| Balance -- January 1, 2023 | $ | 1,714.9 | $ | (18.5 | ) | $ | 1,063.6 | $ | (1,076.6 | ) | $ | (5.7 | ) | $ | 1,677.7 | |||||||||
| Capital transactions: | 7 | |||||||||||||||||||||||
| Issuance of capital stock | 0.1 | — | (0.1 | ) | — | — | — | |||||||||||||||||
| Repurchase of capital stock for cancellation (d) | (15.5 | ) | 1.8 | (1.9 | ) | — | — | (15.6 | ) | |||||||||||||||
| SBC cash settlement | 7 | — | — | (49.8 | ) | — | — | (49.8 | ) | |||||||||||||||
| Equity-settled SBC | — | 6.4 | 16.1 | — | — | 22.5 | ||||||||||||||||||
| Total comprehensive income (loss): | ||||||||||||||||||||||||
| Net earnings for the period | — | — | — | 24.7 | — | 24.7 | ||||||||||||||||||
| Other comprehensive income (loss), net of tax: | ||||||||||||||||||||||||
| Currency translation differences for foreign operations | — | — | — | — | (1.5 | ) | (1.5 | ) | ||||||||||||||||
| Changes from currency forward derivative hedges | — | — | — | — | 1.1 | 1.1 | ||||||||||||||||||
| Changes from interest rate swap derivative hedges | — | — | — | — | (3.6 | ) | (3.6 | ) | ||||||||||||||||
| Balance -- March 31, 2023 | $ | 1,699.5 | $ | (10.3 | ) | $ | 1,027.9 | $ | (1,051.9 | ) | $ | (9.7 | ) | $ | 1,655.5 | |||||||||
