1、2022CANFOR CORPORATION ANNUAL REPORT 0157CONSOLIDATED FINANCIAL STATEMENTS 97MESSAGE TO SHAREHOLDERS58 Managements Responsibility59 Independent Auditors Report64 Consolidated Balance Sheets65 Consolidated Statements of Income66 Consolidated Statements of Other Comprehensive Income(Loss)67 Consolidat
2、ed Statements of Changes in Equity68 Consolidated Statements of Cash Flows69 Notes to the Consolidated Financial Statements98 Directors and Officers99 Corporate and Shareholder InformationADDITIONAL INFORMATIONIN THIS REPORT03 2022 Managements Discussion and Analysis04 2022 Highlights 05 Company Ove
3、rview07 Overview of 202217 Overview of Consolidated Results-2022 Compared to 202119 Operating Results by Business Segment-2022 Compared to 2021-Lumber21 Operating Results by Business Segment-2022 Compared to 2021-Pulp and Paper25 Other Comprehensive Income(Loss)26 Summary of Financial Position27 Cha
4、nges in Financial Position27 Liquidity and Financial Requirements32 Transactions with Related Parties32 Selected Quarterly Financial Information33 Three-Year Comparative Review34 Fourth Quarter Results40 Changes in Financial Position41 Specific Items Affecting Comparability41 Outlook42 Non-IFRS Fina
5、ncial Measures43 Critical Accounting Estimates46 Risks and Uncertainties56 Outstanding Share Data56 Disclosure Controls and Internal Controls Over Financial ReportingFROM THE PRESIDENT AND CEOMESSAGE TO SHAREHOLDERSCanfor had yet another very strong year in 2022.We remained focused on our long-term
6、strategy of geographic and product diversification and recorded our second highest profit ever.Against a backdrop of volatile market conditions and amidst an uncertain political and economic landscape,we continued to employ a focused and disciplined approach,advancing our strategic objectives and de