1、“A truly great book should be read in youth,again in maturity and once more in old age,as a fine building should be seen by morning light,at noon and by moonlight.”annual reportfor the 52-week period ended april 1,2017 robertson daviesThe Indigo MissionTo provide our customers with the most inspirin
2、g retail and digital environments in the world for books and life-enriching products and experiences.Indigo operates under the following banners:Indigo Books&Music,Chapters,Coles,SmithBooks,Indigospirit,The Book Company,and indigo.ca.The Company employs approximately 6,500 people across the country.
3、!ndigo Enrich Your Life,Chapters,!ndigo,Coles and indigo.ca are trade marks of Indigo Books&Music Inc.Table of Contents3.Report of the CEO5.Managements Responsibility for Financial Reporting6.Managements Discussion and Analysis27.Independent Auditors Report28.Consolidated Financial Statements and No
4、tes58.Corporate Governance Policies59.Executive Management and Board of Directors60.Five-Year Summary of Financial Information61.Investor Information62.Indigos Commitment to Communities Across CanadaAnnual Report 2017 3Report of the CEODear Shareholder,It is my pleasure to once again write to you in
5、 this,our year-end Annual Report.2016/17 was a solid year for Indigo.We broke through the billion-dollar mark in total net revenue for the firsttime,increased our EBITDA by 21%,achieved best-in-class levels of employee engagement,won some prestigiousawards,and perhaps best of all,earned very high ra
6、tings from our customers on our overall brand experience.In May 2016,we launched the first of our true cultural department store formats at the wonderfully re-imaginedCF Sherway Gardens,Toronto,Ontario.Everyone of our stakeholders has responded wonderfully to the newconcept.Our publisher partners,th