Agilent Technologies Inc

NYSE:AUnited States

08:53 AM EDT, 04/22/2024 (MT Newswires) -- (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contac...

Net earnings - - 14,815 - 14,815 Total other comprehensive income - - 260 1,895 2,155 Total comprehensive income for the year - - 15,075 1,895 16,970 Share options exercised 886 (243) - - 643 Share-based compensation costs - 579 - - 579 Total contributions by owners of the Company 886 336 - - 1,222 Balance as at February 3, 2024 $ 28,292 $ 11,207 $ 238,668 $ 851 $ 279,018 Balance as at January 30, 2022 $ 27,406 $ 10,295 $ 146,980 $ (853) $ 183,828 Net earnings - - 77,667 - 77,667 Total other comprehensive loss - - (1,054) (191) (1,245) Total comprehensive income (loss) for the year - - 76,613 (191) 76,422 Share-based compensation costs - 576 - - 576 Total contributions by owners of the Company - 576 - - 576 Balance as at January 28, 2023 $ 27,406 $ 10,871 $ 223,593 $ (1,044) $ 260,826 REITMANS (CANADA) LIMITED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (in thousands of Canadian dollars) For the 14 For the 13 For the 53 For the 52 weeks ended weeks ended weeks ended weeks ended February 3, January 28, February 3, January 28, 2024 2023 2024 2023 CASH FLOWS FROM OPERATING ACTIVITIES Net (loss) earnings $ (13) $ 27,454 $ 14,815 $ 77,667 Adjustments for: Depreciation, amortization and net impairment losses on property and equipment and intangible assets 3,907 3,838 14,203 15,582 Depreciation on right-of-use assets 9,884 7,916 34,314 28,902 Share-based compensation costs 103 205 579 576 Net change in transfer of realized gain on cash flow hedges to inventory (80) - (224) - Foreign exchange (gain) loss (173) 314 (1,714) (1,628) Loss on foreign currency translation differences reclassified to net earnings - - 1,044 - Interest on lease liabilities 2,401 1,384 7,562 4,939 Interest on revolving credit - - - 445 Interest income (1,872) (1,464) (5,200) (1,952) Income tax (recovery) expense (239) (31,653) 5,324 (32,098) 13,918 7,994 70,703 92,433 Changes in: Trade and other receivables 555 728 126 4,657 Inventories 25,880 17,439 20,277 (23,330) Prepaid expenses and other assets (502) 8,263 (1,839) 28,088 Trade and other payables (2,373) 14,654 (20,539) 46,831 Pension asset 108 (463) (795) (450) Deferred revenue 342 3,256 (2,161) 610 37,928 51,871 65,772 148,839 Interest paid - - - (486) Interest received 1,494 1,280 4,773 1,660 Income taxes paid (425) - (1,017) (46) Net cash flows from operating activities 38,997 53,151 69,528 149,967 CASH FLOWS USED IN INVESTING ACTIVITIES Additions to property and equipment and intangible assets (8,835) (5,018) (17,702) (10,651) Cash flows used in investing activities (8,835) (5,018) (17,702) (10,651) CASH FLOWS USED IN FINANCING ACTIVITIES Release of restricted cash - (25) 2,808 (51) Net repayment of revolving credit facility - - - (29,634) Payment of lease liabilities (14,904) (9,223) (43,352) (33,674) Proceeds from issuance of share capital - - 643 - Cash flows used in financing activities (14,904) (9,248) (39,901) (63,359) FOREIGN EXCHANGE GAIN (LOSS) ON CASH HELD IN FOREIGN CURRENCY 120 (179) 1,724 1,545 NET INCREASE IN CASH 15,378 38,706 13,649 77,502 CASH, BEGINNING OF THE PERIOD 101,275 64,298 103,004 25,502 CASH, END OF THE PERIOD $ 116,653 $ 103,004 $ 116,653 $ 103,004