“Adjusted funds flow”, “adjusted funds flow per share, basic and diluted”, “adjusted funds flow per boe”, “operating income” and “operating netback per boe” do not have a standardized meaning under International Financial Reporting Standards (IFRS) and GAAP and therefore may not be comparable with the calculations of similar measures for other companies. “Adjusted funds flow” adjusts for decommissioning expenditures from funds flow. Please refer to “Non-GAAP Financial Measures” and “BOE equivalent” at the end of this news release and to the section entitled “Non-GAAP Measures” in our MD&A for details of calculations, rationale for use and applicable reconciliation to the nearest IFRS measure.
ADVANZ PHARMA Corp Limited Announces Fourth Quarter and 2020 Results newswire.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newswire.ca Daily Mail and Mail on Sunday newspapers.
Mosaic Capital Corporation Reports Q4 2020 Financial Results
Mosaic or the
Company ) has released its audited consolidated financial results for the year ended December 31, 2020. The Company s financial statements and management s discussion and analysis (
MD&A ) for the year ended December 31, 2020 can be accessed under Mosaic s profile on SEDAR at
www.sedar.com and on the Company s website at
www.mosaiccapitalcorp.com.
Year ended December 31,
2020
$
$
$
$ (1)
10,705,665
TTM ) Preferred Distribution Payout Ratio are not recognized measures under IFRS. Refer to Non-GAAP Measures .
For the three month period ended December 31, 2020, Mosaic:
generated $89.1 million in revenue from continuing operations which was 1% below the same period in 2019 demonstrating improved operating conditions amid lingering impacts of the COVID-19 pandemic (
Results of Operations The consolidated loss for the half year ended 31 December 2020 amounted to $2,317,327 (2019: $1,591,389 loss). Review of Operations F or the reporting period the Company continued to manage the advancement of the Cinovec Lithium/Tin Project in Czech Republic. The macro conditions relative to the Project have been very strong for the period. Global lithium prices steadily increased, with more dramatic increases seen immediately post the period. In addition to the global conditions, support within the European Union (the Company s region of operations) for battery metals project development has increased substantially. Some significant highlights of the project development and EMH level initiatives for the period are as follows.
Operator
Greetings, and welcome to the ChipMOS Fourth Quarter and Full Year 2020 Results Conference Call. [Operator Instructions] A question-and-answer session will follow the formal presentation.
I would now like to turn the conference over to Dr. G.S. Shen of ChipMOS Technologies Strategy and Investor Relations team to introduce the management team of the Company in Conference. Dr. Shen, you may begin.
G.S. Shen
Deputy Director of Strategy and Investor Relations
Thank you, operator. Welcome everyone to ChipMOS fourth quarter and full year 2020 results conference call. Joining us today from the company are Mr. S.J. Cheng, Chairman and President; and Ms. Silvia Su, Vice President of Finance and Accounting Management Center. We are also joined on the call today by Mr. Jesse Huang, Spokesperson and Senior Vice President of Strategy and Investor Relations. S.J. will chair the meeting and review business highlights and provide color on the operating environment. After Silvia s r