Canfor Pulp Products Inc. (CFX.UN) 2020年年度报告「TSX」.pdf

1、2020CANFOR PULP PRODUCTS INC.ANNUAL REPORT IN THIS REPORT0232CONSOLIDATED FINANCIAL STATEMENTS 03 2020 Managements Discussion and Analysis04 Company Overview05 Overview of 202010 Overview of Consolidated Results-2020 Compared to 201911 Operating Results by Business Segment-2020 Compared to 201915 Su

2、mmary of Financial Position15 Changes in Financial Position16 Liquidity and Financial Requirements17 Transactions with Related Parties18 Selected Quarterly Financial Information19 Three-Year Comparative Review19 Fourth Quarter Results23 Outlook23 Critical Accounting Estimates25 Risks and Uncertainti

3、es31 Outstanding Share Data31 Disclosure Controls and Internal Controls Over Financial Reporting61MESSAGE TO SHAREHOLDERS33 Managements Responsibility34 Independent Auditors Report38 Consolidated Balance Sheets39 Consolidated Statements of Income40 Consolidated Statements of Other Comprehensive Inco

4、me(Loss)40 Consolidated Statements of Changes in Equity41 Consolidated Statements of Cash Flows42 Notes to the Consolidated Financial Statements62 Directors and Officers63 Corporate and Shareholder InformationADDITIONAL INFORMATION While the start of a new decade typically brings new optimism,2020 u

5、shered in a very different reality.The COVID-19 pandemic and economic crisis altered almost every facet of how we lived and worked,in ways that we could not have imagined.The year also demonstrated that,in challenging times,Canfor Pulp is not only resilient,but also excels.Early in the global pandem

6、ic,governments around the world deemed forest sector operations,including pulp and paper producers,an essential service.As a critical contributor to health,household and industrial products,our business stepped up,responding decisively and creating new COVID-19 protocols,policies and procedures to e