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Financial Highlights

CIGI 2016 Financial Highlights


  1. Amounts shown for 2012-2014 reflect pre spin-off balances.
  2. Financial leverage of Colliers, expressed in terms of net debt / EBITDA.
  3. Adjusted EBITDA is defined as net earnings from continuing operations before income tax, interest, depreciation, amortization, other (income) expense, acquisition-related items, spin-off related costs and stock-based compensation expense.
  4. Adjusted EPS is defined as diluted net earnings (loss) per common share from continuing operations, adjusted for the effect, after income tax, of non-controlling interest redemption increment, amortization, acquisition-related items, spin-off related costs, restructuring costs and stock-based compensation expense.