Reference no: EM132892603
Question - Please answer the following questions sequentially relating to the 2019 annual financial statements of Bombardier Inc.
Q1. What is Bombardier's explanation with respect to the "impairment charges on ACLP investments"?
Q2. Discuss the company's risk management policy. What are the key exposures to financing (including credit risk), and market risks (including foreign exchange risk, liquidity risk, interest rate risk), and the company's mitigation strategies for the risks?
Q3. What is the management's discussion on Non-GAAP financial measures? What are they? What is the justification for using these metrics such as Adjusted EBIT, adjusted EBITDA, adjusted net income (loss) and adjusted EPS, and free cash flow?
Q4. Identify the reasons for the difference between net income (loss) as per income statement and the adjusted net income arrived at using non-GAAP measures in 2019 and 2018.
Q5. What are the key highlights and events that the management discussed with respect to growing business aircraft activities through new programs and network expansion?
Q6. What are the key performance measures and metrics used by the management? How did the company perform in terms of the metrics in 2019 compared with 2018? Management's explanation for the change should be included in your discussion.