Accord Financial (ACD) 2015年年度报告「TSX」.pdf

1、DISTINCTIVEDEPENDABLEDRIVENAnnual Report 2015TABLE OFCONTENTSInside front cover A Brief History of Accord Inside front cover Complete Spectrum of Financing Solutions 1 Three Year Financial Highlight Summary 2 Letter To Our Shareholders 4 Managements Roundtable Discussion 8 Managements Discussion and

2、 Analysis 25 Accords Key Credit Benchmarks26 Ten Year Financial Summary 2006-2015 27 Managements Report to the Shareholders 27 Independent Auditors Report to the Shareholders 28 Consolidated Statements of Financial Position 29 Consolidated Statements of Earnings29 Consolidated Statements of Comprehe

3、nsive Income 29 Consolidated Statements of Changes in Equity30 Consolidated Statements of Cash Flows 31 Notes to Consolidated Financial StatementsInside back cover Corporate Information Accord Financial Corp.is one of North Americas leading independent finance companies providing distinctiveworking

4、capital solutions to companies from coast to coast.Whether our clients are shifting into growth mode,or restructuring and rebuilding,Accord is there keepingbusiness liquid.Our versatile finance programs cover the full spectrum ofasset-based lending,from factoring and inventory finance,to equipment l

5、easing and trade finance,as well as providingsmall businesses with unsecured working capital loans.While our programs are fashioned to the needs of eachclient,our goal remains the same:to allow our clients totransform their accounts receivable,inventory and equipment into valuable working capital,wh

6、ich fuelstheir next phase of growth.Accords nearly forty years of experience allows us to servea broad base of the continents most dynamic industrieswith confidence.And our exceptional financial strengthmakes us the lender of choice for private equity partners,finance professionals and their client