1、ANNUAL REPORT FOR THE 52-WEEK PERIOD ENDED APRIL 1,2023our missionto inspire reading and simplify our customers journeys to live with intentionIndigo operates under the following banners:Indigo Books&Music,Chapters,Coles,Indigospirit,and indigo.ca.The Company employs approximately 5,000 people acros
2、s the country.!ndigo Enrich Your Life,Chapters,!ndigo,Coles and indigo.ca are registered trade marks of Indigo Books&Music Inc.table of contents 3.Report of the CEO 5.Managements Responsibility for Financial Reporting 6.Managements Discussion and Analysis 38.Independent Auditors Report 42.Consolidat
3、ed Financial Statements and Notes 75.Corporate Governance Policies 76.Executive Management and Board of Directors 77.Five-Year Summary of Financial Information 78.Investor Information 79.Indigos Commitment to Communities Across CanadaANNUAL REPORT 2023 3report of the ceoTo Our ShareholdersI am pleas
4、ed to share Indigos fiscal 2023 financial results,which reflect a rollercoaster year in the face of significant external pressures.We delivered another year of$1B annual revenue but were challenged by diminishing consumer confidence due to double-digit inflation,and an unprecedented ransomware attac
5、k.Despite these challenges,we have remained steadfast in our commitment to delivering exceptional value to our customers and driving sustainable growth.The macro-economic climate and ransomware attack withstanding,we are proud to have delivered merchandise sales growth.Merchandise sales,the total of
6、 retail and online revenue and excluding other revenues grew$4.6M or 0.5%over the prior year.On the Ransomware AttackIn early February of 2023,we experienced a ransomware attack that disrupted internal operations and caused service disruptions to both of our sales channels and drove a material detri