Segment Financials....Very Interesting Segmented information
The Corporation and its subsidiaries conduct their activities in two large groups: Ovivo and the Pulp and Paper Group.
The two groups are managed separately, as they require different marketing strategies.
In addition to these two groups,the Corporation owns two manufacturing units and a division, Van Der Molen, presented under the Other group, which also includes head office expenses. :
Three-month periods ended June 30
2012
2011
$
$
Revenues
Ovivo
85,450 89,460
Pulp and Paper Group
54,177 51,278
Other
12,406 13,328
Intersegment sales – Other
(4,561) (3,645)
147,472
150,421
Earnings (loss) before amortization, net financial expenses, foreign exchange loss
(gain), loss related to derivative financial instruments, income taxes and share of
loss in joint ventures
Ovivo
3,124 3,495
Pulp and Paper Group
4,230 2,238
Other
(2,342) (1,716)
5,012
4,017
Amortization
Ovivo
1,593 2,497
Pulp and Paper Group
556 587
Other
982 1,635
3,131
4,719
Operating income (loss)
Ovivo
1,531 998
Pulp and Paper Group
3,674 1,651
Other
(3,324) (3,351)
1,881
(702)
Acquisitions of property, plant and equipment
Ovivo
403 461
Pulp and Paper Group
285 189
Other
289 120
977
770