Power Corporation is an international management and holding company that focuses on financial services in North America, Europe and Asia. Its core holdings are leading insurance, retirement, wealth management and investment businesses, including a portfolio of alternative asset investment platforms.
SEE FOOTNOTES, INCLUDING NOTES ON NON-IFRS FINANCIAL MEASURES AND OTHER MEASURES
Adjusted net earnings from continuing operations (or adjusted net earnings) and consolidated assets and assets under administration are non-IFRS financial measures. Adjusted net asset value per share and adjusted net earnings from continuing operations per share (or adjusted net earnings per share) are non-IFRS ratios. Non-IFRS financial measures (including non-IFRS ratios) do not have a standard meaning and may not be comparable to similar measures used by other entities. For definitions, further explanations of uses and reconciliations of such non-IFRS financial measures to measures prescribed by IFRS, refer to the “Non-IFRS Financial Measures” section and specifically the sub-sections entitled “Adjusted Net Asset Value”, “Adjusted Net Earnings” and “Consolidated Assets and Assets Under Management and Consolidated Assets and Assets Under Administration” included in the “Reconciliations of IFRS and Non-IFRS Financial Measures” section of Part A of the Corporation’s Management’s Discussion and Analysis (MD&A) for the interim financial period ended June 30, 2024, located under the Corporation’s profile on SEDAR+ at www.sedarplus.ca, which definitions, explanations and reconciliations are incorporated herein by reference.
Dividend yield is calculated as the annualized dividend based on the dividend declared on May 8, 2024 divided by the June 30, 2024 share price.
For an explanation of the composition of book value per participating share, refer to the “Other Measures” section of Part A of the Corporation’s MD&A for the interim financial period ended June 30, 2024, located under the Corporation’s profile on SEDAR+ at www.sedarplus.ca, which explanation is incorporated herein by reference.