Morguard Corp. (MRC) 2019年年度报告「TSX」.pdf

1、ANNUAL REPORTMORGUARD CORPORATION2019TAKING DECISIVE ACTION TOGETHERThe selected annual financial information in the 2019 Annual Report highlights certain key metrics for the Company.As a result,this report should be read in conjunction with the Companys consolidated financial statements for the yea

2、r ended December 31,2019,related Managements Discussion and Analysis(MD&A)and the Annual Information Form.These documents are available on the Companys website at .All continuous disclosure documents required by securities regulators are also filed on the System for Electronic Document Analysis and

3、Retrieval(SEDAR)and can be accessed electronically at .NON-IFRS MEASURES The Companys consolidated financial statements are prepared in accordance with International Financial Reporting Standards(IFRS).The following measures,net operating income(NOI),funds from operations(FFO)and normalized FFO(coll

4、ectively,the“non-IFRS measures”)as well as other measures discussed elsewhere in the 2019 Annual Report,do not have any standardized meaning prescribed by IFRS and are not necessarily comparable to similar measures presented by other reporting issuers in similar or different industries.The Company u

5、ses these measures to better assess the Companys underlying performance and financial position and provides these additional measures so that investors may do the same.Details on non-IFRS measures are set out in the Companys MD&A for the year ended December 31,2019 and are available on the Companys

6、profile on SEDAR at .On the cover left to right:The Heathview,Toronto,ON99 Metcalfe,Ottawa,ONFELLOW SHAREHOLDERSThe 2019 annual report for Morguard Corporation showcases another year of solid performance for the Company,with gains in all areas of the business.I believe the reason we perform consiste