By the numbers

(In millions of dollars)

By the numbers
	2021	2020	% change ^{Footnote 1}
Operations – Canada Post Group of Companies
Revenue from operations	10,112	9,318	8.9%
Loss from operations	(196)	(570)	65.7%
Operating margin (%)	(1.9)%	(6.1)%
Net investing and financing expense	(50)	(56)	9.5%
Loss before tax	(246)	(626)	60.7%
Net loss	(187)	(473)	60.4%
Cash provided by operating activities	664	694	(4.4)%
Cash used in capital expenditures	(677)	(550)	(23.2)%
Financial position – Canada Post Group of Companies
Cash and cash equivalents	1,331	1,465	(9.1)%
Total assets	11,516	11,209	2.7%
Loans and borrowings	998	997	0.0%
Equity of Canada	3,025	(919)	^{Footnote *}
Volume
Total volume – Canada Post Group of Companies (in millions)	6,916	6,400	8.5%
Domestic Parcels (decline) growth (Canada Post segment)	(4.2)%	30.9%
Parcels (decline) growth (Canada Post segment)	(7.0)%	21.0%
Transaction Mail decline (Canada Post segment)	(2.0)%	(10.5)%
Domestic Lettermail decline (Canada Post segment)	(1.5)%	(9.7)%
Transaction Mail volume decline per address (Canada Post segment)	(3.3)%	(11.5)%
Direct Marketing growth (decline) (Canada Post segment)	18.4%	(27.7)%
Canada Post Corporation Registered Pension Plan
Pension assets – Fair market value	32,387	29,648	9.2%
Going-concern surplus ^{Footnote 2}	4,826	3,818	26.4%
Solvency deficit – To be funded ^{Footnote 2}	(4,924)	(6,313)	22.0%
Employer contributions – Current ^{Footnote 3}	321	296	8.7%
Employer contributions – Special ^{Footnote 3}	32	24	29.2%

Go to reference for footnote *

The calculation is not mathematically meaningful.
Go to reference for footnote 1.

Percentages are based on numbers rounded to the nearest thousand and have been adjusted for trading (business) or paid days, where applicable.
Go to reference for footnote 2.

Estimates as at December 31. Actuarial valuations for the Plan are filed by June 30 of the subsequent year. For more details, refer to Section 6.5 of the Management’s Discussion and Analysis in the Financial Section.
Go to reference for footnote 3.

For more details, refer to Section 6.5 of the Management’s Discussion and Analysis in the Financial Section.

Canada Post Group of Companies

Revenue from operations

(in billions of dollars)

8.3
8.7
8.9
9.3
10.1

Profit (loss) from operations

(in millions of dollars)

231
(82)
7
(570)
(196)

Net profit (loss)

(in millions of dollars)

148
(93)
(14)
(473)
(187)

Labour costs

(percentage of revenue from operations)

48.5
50.3
49.6
51.2
48.3

Employee benefit costs

(percentage of revenue from operations)

17.5
18.7
17.4
20.2
18.4

Volume

(in billions of pieces)

References in the Annual Report to Canada Post and the Canada Post segment do not include subsidiaries. The Canada Post Group of Companies and the Group of Companies include the Canada Post segment and its subsidiaries, which are Purolator Holdings Ltd., SCI Group Inc. and Innovapost Inc.