Big Rock Brewery Inc. (BR) 2021年年度报告「TSX」.pdf

1、2021 ANNUAL REPORT23 5252629 Table of ContentsFinancial HighlightsCEOs Message Managements Discussion and AnalysisManagement ReportIndependent Auditors Report Financial Statements and Notes Big Rock Brewery Inc.-2021 Annual Report|1FINANCIAL HIGHLIGHTSThe annual meeting of Big Rock shareholders will

2、 be held:Thursday,May 13,2021.Annual Meeting of Shareholdersin thousands of Canadian dollars,except volumes,per share amounts and sharesSales volume(hectolitres)(1)Net revenueGross profitOperating lossNet lossLoss per share-basic and dilutedCommon shares outstanding(2)Total assetsTotal debt(3)172,99

3、643,98416,485(134)(666)($0.10)6,967,96751,9553,9052020 171,56342,65312,336(5,100)(2,922)($0.42)6,981,62849,7826,0602019(1)Excludes contract manufacturing volumes due to the nature of the agreements.(2)Amounts in 2020 are net of 13,661 shares held in trust.(3)Includes current and long term portions o

4、f debt and equipment lease net of cash.Big Rock Brewery Inc.-2021 Annual Report|2To:Big Rock Shareholders 2020 has been an unprecedented time for all.Many of us have felt the severe impacts of the COVID-19 pandemic whether its through financial uncertainty linked to job loss or forced business closu

5、res and restrictions;mental health impacts as our ability to have personal connection with friends and family have been limited;or having to experience the terrible loss of losing a loved one.As we look forward to 2021,there is a new sense of optimism as the rapid development and deployment of vacci

6、nes will hopefully see this chapter in human history soon come to a close.As owners of Big Rock,I hope you also feel optimism in the future of your company.The turnaround is alive and well!Despite Canadian industry beer sales being down 1.4%,Big Rock grew revenue by 3.1%from$42 million to$44 million