IFRS Impact

On June 1, 2011, Bombardier reported  its first full set of consolidated financial statements prepared under International Financial Reporting Standards (IFRS), starting with the first quarter of fiscal year 2011-12.

The reporting change did not affect the fundamentals of Bombardier. However, it did mean that some elements of the statement of financial position and results of operations were calculated using a different set of rules and thus, differ from those that were reported according to Canadian General Accepted Accounting Principles (GAAP).

The following financial results have therefore been restated under IFRS:

For more information, please refer to the IFRS Information Session presentation.

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