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Cineplex Financial Statement

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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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The economic factors can influence the cinemas because the customers don’t have the money to watch the movie and buy the ticket. In this place in might be the cinemas in down and dangerous situations. Politics also Cinema’s risk factors, because governments can rapidly transform a business rules that negatively disturb Cinema’s business such as in Indonesia that the government don’t make the cinemas in that state.

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