Bombardier Reports the Impact of the Adoption of International Financial Reporting Standards (IFRS) for its Third Quarter ended October 31, 2010
Bombardier today announced the release of its restated results under IFRS for the third quarter ended October 31, 2010.
On January 19, 2011, Bombardier held an information session to explain the impacts the adoption of IFRS will have on the corporation’s results. On this occasion, the company released its opening statement of financial position as at February 1, 2010, as well as its first and second quarter results of fiscal year 2010-11 (year ended January 31, 2011), based on IFRS.
As previously announced, Bombardier will be reporting its first full set of consolidated financial statements prepared under IFRS for fiscal year 2011-12, starting with the first quarter to be published on June 1, 2011.
A world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended January 31, 2010, were $19.4 billion, and its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes. News and information are available at www.bombardier.com.
This news content was configured by WebWire editorial staff. Linking is permitted.
News Release Distribution and Press Release Distribution Services Provided by WebWire.