Horizon North Logistics Inc. (HNL) 2015年年度报告「TSX」.pdf

1、 Annual Report 2015 Table of Contents Page Information on Annual Meeting ifc Presidents Letter to Shareholders 3 Managements Discussion and Analysis 5 Managements Report to Shareholders 33 Independent Auditors Report to Shareholders 34 Consolidated Financial Statements 35 Notes to the Consolidated F

2、inancial Statements 39 Corporate Information obc Information on Annual General Meeting The Annual General Meeting of holders of common shares of Horizon North Logistics Inc.will be held on the 5th day of May 2016 at 3:00 p.m.(local time)in the Strand/Tivoli Room at the Metropolitan Conference Centre

3、,333-4th Avenue SW.,Calgary,Alberta.Shareholders are encouraged to attend and those unable to do so are requested to complete and submit the Instrument of Proxy at their earliest convenience.Presidents Letter to Shareholders Page|3 Dear Shareholders;Last year in the face of a deteriorating business

4、environment I wrote to you outlining the transformational journey that Horizon North was embarking upon.The purpose of the structural changes that we have and continue to implement are to ensure the continued success of Horizon North.The move from a decentralized,holding company to a fully-integrate

5、d organization requires a strong base of experienced professionals and programs to support Horizon Norths operations and we continue to integrate Horizon North based upon a functional operational pyramid,depicted below.To date,we have made significant progress towards our integration goals in the fo

6、llowing key areas of our organization:Marketing we have implemented a unified and fresh approach to our look and branding that embraces our integrated,One Company,One Brand,One Vision model;Sales Process we have introduced a matrix sales approach to better utilize our deep technical sales capabiliti