The entity provides its financial results in accordance with IFRS. However, the following non-IFRS ratios and additional IFRS ratios are used by the Company in this press release: Segment Adjusted EBIT, EBIT Revenue Segment Report, EBITDA Adjusted EBITDA, Adjusted Net Income (Loss) tribute to SNC-Lavalin shareholders, Adjusted dilu EPTEDS and Booking-to-Revenue Ratio. For more information on these non-IFRS measures, see Section 9 of SNC-Lavalin`s management discussion and analysis for the third quarter of 2020, which have been submitted to securities regulators in Canada and can be accessed on SEDAR under www.sedar.com and on the company`s website under www.snclavalin.com under the investor heading. Non-IFRS financial ratios do not have a standardized meaning under IFRS and may therefore not be comparable to similar ratios provided by other issuers. Management believes that these non-IFRS measures, in addition to the conventional measures developed in accordance with IFRS, provide additional insight into the entity`s operational performance and financial position and that some investors may use this information to assess the entity`s performance from one period to the next. However, these non-IFRS financial ratios are limited and should not be considered in isolation or as a substitute for performance ratios established in accordance with IFRS. In addition, certain non-IFRS financial ratios and additional IFRS ratios are presented separately for each PMSP and for each capital, as the entity considers these measures to be useful, since these activities are generally analyzed separately by the company. Votes for non-IFRS ratios with the most comparable IFRS ratios are presented in Section 9.3 of the third quarter of 2020 MD-A, and some of these votes are presented at the end of this press release. Investors Denis Jasmin Vice President, Investor Relations 514-393-8000, ext. 57553 firstname.lastname@example.org As of September 30, 2020, the Company had $1.1 billion in payment and cash equivalents.
The company also has an additional $2.0 billion in revolving credit facility if necessary. The company has $1.4 billion in debt and $0.4 billion in limited recourse debt. As of September 30, 2020, the net recovery rate (7), calculated under the terms of the company`s credit contract, was 1.7, well below the required federal level of 3.75. As mentioned in the announcement of the offer, part of the offer consideration is financed from the syndicated credit facility and a long-term loan agreement Air Liquide China has signed an agreement with Sichuan China National Nuclear Guoxing Technology SNC-Lavalin (TSX:SNC) has been provided with a three-year Master Services Agreement (MSA) with Avangrid Service Company to develop and carry out engineering services for the projects. As part of the agreement, valued at $15 million over a three-year value, SNC-Lavalin Avangrid will provide technical resources for disciplines such as power lines, protection and control, civil and transmission lines. This contract is part of SNCL Engineering Services, the cornerstone of our strategy, which is all about more growth and profitability. The bridge facilitation agreement has been terminated and is removed from the websites snc-lavalin and atkins The company warns that the list of factors is not exhaustive. For more information on risks and uncertainties and assumptions that could cause the Company`s actual results to differ from current expectations, please refer to the „Risks and Uncertainties,“ „How to analyze and report our results“ and „Critical Accounting Judgments and Major Sources of Estimate Uncertainty“ in the Company`s Annual MD-A in 2019 and in the updated First Update of the First, second and third quarters 2020 MD-A, which will be submitted to securities commissions in Canada, available on sedar on www.sedar.com and on the Company`s website under www.snclavalin.com under the heading „Investors.“