| COMPARATIVE DATA |
Dec. 31
2000 |
Dec. 31
1999 |
Dec. 31
1998 |
Dec. 31
1997 |
Jan.
1997 |
| Operations ($000's) |
|
|
|
|
|
| Sales |
49,698 |
39,604 |
61,081 |
22,287 |
– |
| Earnings from continuing operations |
2,105 |
5,019 |
(11,984) |
678 |
187 |
| Net earnings |
3,431 |
5,711 |
(10,188) |
2,460 |
9,304 |
| Cash flow from operations |
9,063 |
3,202 |
(708) |
5,328 |
(4,768) |
Financial ($000's) |
|
|
|
|
|
| Total assets |
38,351 |
37,021 |
32,022 |
42,786 |
14,363 |
| Long-term debt |
4,874 |
3,500 |
10,096 |
11,499 |
– |
| Retained earnings (deficit) (end of year) |
1,928 |
3,660 |
(7,885) |
3,290 |
2,925 |
| Shareholders' equity |
18,709 |
20,440 |
15,394 |
23,997 |
11,162 |
| Return on average shareholders' equity (%) |
17.5 |
31.9 |
– |
14.0 |
98.4 |
Per share ($) |
|
|
|
|
|
| Earnings before discontinued operations |
0.20 |
0.50 |
(1.25) |
0.09 |
0.03 |
| Net earnings |
0.32 |
0.57 |
(1.06) |
0.33 |
1.39 |
| Weighted average number of shares outstanding (000's) |
10,606 |
10,009 |
9,619 |
7,364 |
6,718 |
QUARTERLY DATA
|
2000 |
1999 |
|
Q4 |
Q3 |
Q2 |
Q1 |
Q4 |
Q3 |
Q2 |
Q1 |
|
|
|
| Sales ($000's) |
14,154 |
12,488 |
11,523 |
11,533 |
13,524 |
12,596 |
7,232 |
6,252 |
| Depreciation and amortization |
911 |
906 |
1,066 |
970 |
1,025 |
1,211 |
568 |
407 |
| Earnings from continuing operations |
395 |
865 |
184 |
661 |
2,501 |
954 |
861 |
703 |
| Net earnings (loss) |
661 |
1,319 |
508 |
943 |
2,188 |
1,120 |
1,346 |
1,057 |
COMMON SHARE PRICES
| Calendar year |
The Toronto Stock Exchange
|
|
High $ |
Low $ |
Volume (000's) |
|
|
| 2000 |
|
|
|
Fourth Quarter |
4.25 |
3.25 |
181 |
Third Quarter |
4.35 |
3.40 |
133 |
Second Quarter |
4.25 |
3.50 |
49 |
First Quarter |
5.00 |
3.50 |
78 |
1999 |
|
|
|
Fourth Quarter |
5.25 |
4.35 |
142 |
Third Quarter |
5.45 |
3.70 |
425 |
Second Quarter |
3.75 |
3.30 |
155 |
First Quarter |
4.00 |
3.25 |
151 |
DIVIDENDS
The Board of Directors has approved a dividend policy which calls for continued common share dividends at rates which the Board will determine from time to time in light of operating results, funds required for expansion and the financial position of the Company. No set dividend rate has been established and common dividends may be increased, reduced or omitted from time to time as circumstances warrant.
INVESTOR RELATIONS
Institutional investors, brokers, security analysts and others desiring financial information about Algonquin should contact:
Winston R. Ash
Vice-President & Secretary
Algonquin Mercantile Corporation
Tel: (905) 841-4473
Fax: (905) 841-2714
e-mail: invest@automodular.net |
