Canfor Pulp Products Inc
TSX:CFX
Income Statement
Earnings Waterfall
Canfor Pulp Products Inc
Income Statement
Canfor Pulp Products Inc
| Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
7
|
0
|
0
|
0
|
7
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
11
|
0
|
0
|
0
|
13
|
0
|
0
|
0
|
|
| Revenue |
63
N/A
|
71
+13%
|
65
-9%
|
62
-4%
|
53
-14%
|
42
-21%
|
23
-45%
|
(9)
N/A
|
(17)
-91%
|
(14)
+21%
|
7
N/A
|
34
+414%
|
55
+62%
|
73
+33%
|
89
+22%
|
325
+264%
|
545
+68%
|
752
+38%
|
941
+25%
|
909
-3%
|
877
-3%
|
821
-6%
|
810
-1%
|
808
0%
|
825
+2%
|
843
+2%
|
887
+5%
|
896
+1%
|
921
+3%
|
962
+5%
|
981
+2%
|
1 028
+5%
|
1 051
+2%
|
1 108
+5%
|
1 175
+6%
|
1 196
+2%
|
1 177
-2%
|
1 175
0%
|
1 102
-6%
|
1 116
+1%
|
1 140
+2%
|
1 133
-1%
|
1 198
+6%
|
1 248
+4%
|
1 364
+9%
|
1 408
+3%
|
1 374
-2%
|
1 319
-4%
|
1 242
-6%
|
1 130
-9%
|
1 088
-4%
|
1 060
-3%
|
991
-6%
|
1 000
+1%
|
991
-1%
|
977
-1%
|
1 061
+9%
|
1 133
+7%
|
1 145
+1%
|
1 102
-4%
|
1 055
-4%
|
1 065
+1%
|
1 086
+2%
|
1 107
+2%
|
1 069
-3%
|
950
-11%
|
876
-8%
|
855
-2%
|
825
-3%
|
829
+1%
|
799
-4%
|
773
-3%
|
730
-5%
|
702
-4%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(148)
|
(290)
|
(440)
|
(580)
|
(584)
|
(592)
|
(580)
|
(576)
|
(566)
|
(568)
|
(567)
|
(595)
|
(590)
|
(605)
|
(621)
|
(636)
|
(668)
|
(693)
|
(728)
|
(769)
|
(786)
|
(785)
|
(794)
|
(747)
|
(765)
|
(762)
|
(768)
|
(787)
|
(789)
|
(846)
|
(850)
|
(871)
|
(882)
|
(867)
|
(861)
|
(855)
|
(838)
|
(808)
|
(804)
|
(805)
|
(797)
|
(816)
|
(840)
|
(862)
|
(855)
|
(864)
|
(862)
|
(867)
|
(878)
|
(878)
|
(845)
|
(775)
|
(759)
|
(704)
|
(663)
|
(634)
|
(590)
|
(570)
|
(573)
|
|
| Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
104
N/A
|
204
+96%
|
289
+41%
|
362
+25%
|
324
-10%
|
285
-12%
|
241
-15%
|
234
-3%
|
242
+3%
|
256
+6%
|
277
+8%
|
292
+5%
|
305
+5%
|
316
+3%
|
341
+8%
|
345
+1%
|
360
+4%
|
358
0%
|
380
+6%
|
405
+7%
|
410
+1%
|
393
-4%
|
381
-3%
|
355
-7%
|
351
-1%
|
377
+8%
|
364
-3%
|
411
+13%
|
459
+12%
|
518
+13%
|
558
+8%
|
503
-10%
|
437
-13%
|
375
-14%
|
269
-28%
|
233
-13%
|
221
-5%
|
183
-17%
|
196
+7%
|
186
-5%
|
181
-3%
|
245
+36%
|
293
+20%
|
283
-4%
|
247
-13%
|
192
-23%
|
203
+6%
|
219
+8%
|
229
+5%
|
191
-16%
|
105
-45%
|
101
-4%
|
95
-6%
|
121
+27%
|
166
+37%
|
165
-1%
|
182
+10%
|
161
-12%
|
129
-20%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(136)
|
(230)
|
(255)
|
(291)
|
(209)
|
(164)
|
(187)
|
(208)
|
(210)
|
(211)
|
(210)
|
(208)
|
(210)
|
(215)
|
(216)
|
(217)
|
(214)
|
(214)
|
(220)
|
(220)
|
(229)
|
(237)
|
(247)
|
(262)
|
(269)
|
(267)
|
(267)
|
(257)
|
(256)
|
(257)
|
(254)
|
(257)
|
(255)
|
(260)
|
(260)
|
(257)
|
(257)
|
(262)
|
(261)
|
(264)
|
(264)
|
(251)
|
(248)
|
(242)
|
(238)
|
(245)
|
(250)
|
(253)
|
(344)
|
(347)
|
(355)
|
(267)
|
(274)
|
(266)
|
(248)
|
(225)
|
(213)
|
(201)
|
(195)
|
(181)
|
(382)
|
(361)
|
(136)
|
|
| Selling, General & Administrative |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(37)
|
(72)
|
(107)
|
(141)
|
(143)
|
(143)
|
(141)
|
(141)
|
(139)
|
(141)
|
(142)
|
(147)
|
(147)
|
(150)
|
(156)
|
(157)
|
(167)
|
(174)
|
(184)
|
(197)
|
(201)
|
(198)
|
(195)
|
(183)
|
(183)
|
(181)
|
(179)
|
(182)
|
(180)
|
(184)
|
(182)
|
(177)
|
(175)
|
(176)
|
(171)
|
(171)
|
(172)
|
(162)
|
(164)
|
(160)
|
(156)
|
(161)
|
(163)
|
(166)
|
(162)
|
(164)
|
(166)
|
(170)
|
(172)
|
(165)
|
(152)
|
(140)
|
(136)
|
(130)
|
(128)
|
(122)
|
(113)
|
(105)
|
(99)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(17)
|
(32)
|
(45)
|
(67)
|
(68)
|
(67)
|
(69)
|
(67)
|
(69)
|
(73)
|
(74)
|
(70)
|
(67)
|
(63)
|
(63)
|
(63)
|
(62)
|
(63)
|
(63)
|
(65)
|
(68)
|
(70)
|
(72)
|
(74)
|
(74)
|
(76)
|
(75)
|
(74)
|
(75)
|
(76)
|
(78)
|
(80)
|
(83)
|
(86)
|
(90)
|
(93)
|
(92)
|
(89)
|
(84)
|
(82)
|
(81)
|
(84)
|
(87)
|
(87)
|
(87)
|
(89)
|
(94)
|
(98)
|
(102)
|
(101)
|
(95)
|
(85)
|
(77)
|
(71)
|
(67)
|
(59)
|
(52)
|
(45)
|
(36)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(136)
|
(230)
|
(255)
|
(291)
|
(155)
|
(61)
|
(36)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(95)
|
(95)
|
(95)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(217)
|
(211)
|
0
|
|
| Operating Income |
63
N/A
|
71
+13%
|
65
-9%
|
62
-4%
|
53
-14%
|
42
-21%
|
23
-45%
|
(9)
N/A
|
(17)
-91%
|
(14)
+21%
|
7
N/A
|
(102)
N/A
|
(175)
-72%
|
(182)
-4%
|
(202)
-11%
|
(32)
+84%
|
91
N/A
|
125
+38%
|
153
+23%
|
114
-26%
|
75
-35%
|
32
-58%
|
26
-17%
|
32
+21%
|
41
+29%
|
61
+48%
|
75
+23%
|
91
+22%
|
101
+11%
|
121
+20%
|
125
+3%
|
130
+4%
|
122
-7%
|
133
+9%
|
143
+8%
|
141
-2%
|
125
-11%
|
114
-9%
|
98
-14%
|
94
-4%
|
121
+28%
|
111
-8%
|
155
+40%
|
205
+32%
|
258
+26%
|
298
+15%
|
247
-17%
|
180
-27%
|
113
-37%
|
8
-93%
|
(31)
N/A
|
(43)
-39%
|
(68)
-57%
|
(51)
+24%
|
(56)
-9%
|
(57)
-2%
|
0
N/A
|
43
N/A
|
30
-32%
|
(96)
N/A
|
(156)
-61%
|
(152)
+2%
|
(49)
+68%
|
(45)
+7%
|
(74)
-65%
|
(143)
-92%
|
(124)
+13%
|
(117)
+6%
|
(80)
+32%
|
(29)
+64%
|
(16)
+46%
|
(200)
-1 190%
|
(200)
+0%
|
(6)
+97%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(14)
|
(10)
|
(14)
|
(19)
|
(4)
|
(4)
|
(13)
|
(16)
|
(17)
|
(19)
|
(17)
|
(9)
|
(12)
|
(7)
|
(13)
|
(9)
|
(14)
|
(15)
|
(12)
|
(17)
|
(12)
|
(7)
|
(7)
|
(7)
|
(7)
|
(3)
|
(7)
|
(6)
|
(5)
|
(1)
|
(5)
|
(5)
|
(6)
|
(4)
|
(7)
|
(6)
|
(6)
|
(3)
|
(5)
|
(5)
|
(5)
|
(3)
|
(5)
|
(5)
|
(6)
|
(5)
|
(9)
|
(11)
|
(12)
|
(10)
|
(15)
|
(15)
|
(15)
|
(12)
|
(13)
|
(12)
|
(11)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(95)
|
0
|
0
|
0
|
(58)
|
(60)
|
(61)
|
(61)
|
(3)
|
(1)
|
(6)
|
(217)
|
(211)
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(1)
|
0
|
(2)
|
(5)
|
0
|
3
|
3
|
5
|
5
|
(2)
|
2
|
2
|
6
|
9
|
12
|
15
|
8
|
9
|
3
|
(10)
|
(5)
|
(8)
|
(12)
|
(11)
|
(2)
|
3
|
4
|
6
|
3
|
(1)
|
2
|
(7)
|
3
|
11
|
14
|
29
|
34
|
27
|
25
|
7
|
2
|
4
|
7
|
3
|
8
|
9
|
7
|
5
|
22
|
20
|
16
|
17
|
3
|
1
|
3
|
|
| Pre-Tax Income |
63
N/A
|
71
+13%
|
65
-9%
|
62
-4%
|
53
-14%
|
42
-21%
|
23
-45%
|
(9)
N/A
|
(17)
-91%
|
(14)
+21%
|
7
N/A
|
(102)
N/A
|
(175)
-72%
|
(182)
-4%
|
(202)
-11%
|
(32)
+84%
|
89
N/A
|
111
+24%
|
139
+25%
|
99
-29%
|
56
-44%
|
24
-56%
|
16
-35%
|
19
+18%
|
29
+53%
|
47
+64%
|
60
+28%
|
79
+32%
|
90
+14%
|
112
+24%
|
120
+7%
|
123
+3%
|
122
-1%
|
131
+7%
|
143
+9%
|
136
-5%
|
117
-14%
|
105
-10%
|
81
-23%
|
83
+2%
|
106
+28%
|
92
-13%
|
141
+53%
|
196
+39%
|
255
+30%
|
297
+16%
|
251
-15%
|
178
-29%
|
107
-40%
|
5
-96%
|
(42)
N/A
|
(47)
-13%
|
(63)
-34%
|
(43)
+31%
|
(31)
+29%
|
(29)
+7%
|
23
N/A
|
64
+183%
|
(61)
N/A
|
(100)
-63%
|
(157)
-58%
|
(151)
+4%
|
(108)
+28%
|
(106)
+2%
|
(137)
-29%
|
(209)
-52%
|
(133)
+37%
|
(111)
+17%
|
(80)
+27%
|
(245)
-204%
|
(222)
+9%
|
(210)
+5%
|
(211)
0%
|
(14)
+93%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(39)
|
(39)
|
(37)
|
(37)
|
1
|
0
|
(3)
|
(3)
|
3
|
2
|
2
|
3
|
(0)
|
2
|
3
|
2
|
1
|
0
|
(1)
|
(2)
|
(3)
|
(1)
|
(2)
|
(5)
|
(10)
|
(14)
|
(18)
|
(23)
|
(22)
|
(29)
|
(31)
|
(32)
|
(31)
|
(33)
|
(36)
|
(34)
|
(31)
|
(28)
|
(23)
|
(24)
|
(29)
|
(25)
|
(39)
|
(54)
|
(70)
|
(81)
|
(67)
|
(47)
|
(28)
|
(1)
|
11
|
13
|
17
|
12
|
8
|
8
|
(6)
|
(17)
|
17
|
27
|
43
|
41
|
29
|
28
|
37
|
56
|
36
|
31
|
23
|
67
|
60
|
57
|
57
|
4
|
|
| Income from Continuing Operations |
23
|
32
|
28
|
26
|
54
|
43
|
20
|
(12)
|
(15)
|
(12)
|
9
|
(99)
|
(175)
|
(181)
|
(199)
|
(29)
|
91
|
112
|
139
|
98
|
53
|
24
|
14
|
14
|
18
|
32
|
42
|
57
|
68
|
83
|
90
|
92
|
91
|
98
|
107
|
102
|
86
|
77
|
58
|
59
|
77
|
67
|
102
|
142
|
185
|
215
|
184
|
131
|
79
|
3
|
(31)
|
(34)
|
(46)
|
(32)
|
(22)
|
(21)
|
16
|
47
|
(44)
|
(73)
|
(115)
|
(110)
|
(79)
|
(78)
|
(101)
|
(153)
|
(96)
|
(80)
|
(58)
|
(178)
|
(162)
|
(154)
|
(154)
|
(10)
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(25)
|
(49)
|
(61)
|
(69)
|
(48)
|
(24)
|
(12)
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
23
N/A
|
32
+35%
|
28
-11%
|
26
-9%
|
54
+111%
|
43
-21%
|
20
-53%
|
(12)
N/A
|
(15)
-21%
|
(12)
+22%
|
9
N/A
|
(99)
N/A
|
(175)
-77%
|
(181)
-3%
|
(199)
-10%
|
(54)
+73%
|
42
N/A
|
50
+21%
|
70
+38%
|
50
-28%
|
29
-42%
|
12
-59%
|
9
-20%
|
14
+45%
|
18
+34%
|
32
+77%
|
42
+29%
|
57
+35%
|
68
+20%
|
83
+22%
|
90
+8%
|
92
+3%
|
91
-1%
|
98
+8%
|
107
+9%
|
102
-5%
|
86
-15%
|
77
-10%
|
58
-25%
|
59
+2%
|
77
+31%
|
67
-13%
|
102
+52%
|
142
+39%
|
185
+30%
|
215
+16%
|
184
-14%
|
131
-29%
|
79
-40%
|
3
-96%
|
(31)
N/A
|
(34)
-12%
|
(46)
-34%
|
(32)
+31%
|
(22)
+29%
|
(21)
+6%
|
16
N/A
|
47
+185%
|
(44)
N/A
|
(73)
-64%
|
(115)
-58%
|
(110)
+4%
|
(79)
+28%
|
(78)
+1%
|
(101)
-29%
|
(153)
-52%
|
(96)
+37%
|
(80)
+17%
|
(58)
+28%
|
(178)
-209%
|
(162)
+9%
|
(154)
+5%
|
(154)
0%
|
(10)
+93%
|
|
| EPS (Diluted) |
0.65
N/A
|
0.88
+35%
|
0.79
-10%
|
0.73
-8%
|
1.53
+110%
|
1.21
-21%
|
0.57
-53%
|
-0.34
N/A
|
-0.42
-24%
|
-0.33
+21%
|
0.26
N/A
|
-2.8
N/A
|
-4.94
-76%
|
-5.09
-3%
|
-5.6
-10%
|
-1.51
+73%
|
1.16
N/A
|
1.41
+22%
|
1.95
+38%
|
1.05
-46%
|
0.4
-62%
|
0.16
-60%
|
0.14
-12%
|
0.19
+36%
|
0.26
+37%
|
0.46
+77%
|
0.59
+28%
|
0.8
+36%
|
0.95
+19%
|
1.16
+22%
|
1.26
+9%
|
1.29
+2%
|
1.28
-1%
|
1.39
+9%
|
1.52
+9%
|
1.47
-3%
|
1.27
-14%
|
1.16
-9%
|
0.86
-26%
|
0.88
+2%
|
1.16
+32%
|
1.01
-13%
|
1.55
+53%
|
2.18
+41%
|
2.84
+30%
|
3.31
+17%
|
2.83
-15%
|
2.02
-29%
|
1.21
-40%
|
0.05
-96%
|
-0.47
N/A
|
-0.53
-13%
|
-0.71
-34%
|
-0.49
+31%
|
-0.34
+31%
|
-0.33
+3%
|
0.24
N/A
|
0.71
+196%
|
-0.68
N/A
|
-1.11
-63%
|
-1.76
-59%
|
-1.69
+4%
|
-1.21
+28%
|
-1.2
+1%
|
-1.54
-28%
|
-2.34
-52%
|
-1.47
+37%
|
-1.22
+17%
|
-0.88
+28%
|
-2.73
-210%
|
-2.48
+9%
|
-2.35
+5%
|
-2.36
0%
|
-0.16
+93%
|
|