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Cineplex Financial Statement

417 Words2 Pages

Analysing a financial statement is a tool to determining the past, present and future performance of a firm. The Cineplex Inc. was founded on 26 October of 2003. In January 2011, Cineplex convert itself to an Ontario corporation for business purposes and efficiency in tax. Cineplex Inc. which is one of the largest motion picture theatre in Canada, operates under these brand names: Cineplex Odeon, Galaxy Cinemas, SilverCity, Cineplex Cinemas, and Cineplex VIP Cinemas. The total revenues in 2014 has been increase by over 5% to $1.2 billion. At Cineplex, exhibition remains a core business, however, to reduce dependency to Hollywood products, Cineplex continues to invest in some other areas such as: Cineplex Media, Cineplex Digital Media, Digital

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