Glossary

Basic net earnings per common share from continuing operations

Net earnings from continuing operations available to common shareholders divided by the weighted average number of common shares outstanding during the year.

Book value per common share

Common shareholders’ equity divided by the number of common shares outstanding at year end.

Capital investment

Fixed asset purchases.

Capital investment per common share

Capital investment divided by the weighted average number of common shares outstanding during the year.

Cash flows from operating activities of continuing operations per common share

Cash flows from operating activities of continuing operations less preferred dividends paid divided by the weighted average number of common shares outstanding during the year.

Cash flows from operating activities of continuing operations to net debt

Cash flows from operating activities of continuing operations divided by net debt (see non-GAAP financial measures – PDF, 53 KB).

Common shareholders’ equity

Total shareholders’ equity less preferred shares outstanding.

Control label

A brand and associated trademark that is owned by Loblaw for use in connection with its own products and services.

Conversion

A store that changes from one Loblaw banner to another Loblaw banner.

Corporate stores sales per average square foot

Sales by corporate stores divided by the average corporate stores’ square footage at year end.