MAGNA INTERNATIONAL INC
For the period ended Dec 31, 2023. Filed Mar 28, 2024.
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The yearly report of certain Canadian companies, filed under a joint US and Canadian system. It is the main yearly account these companies give US investors, largely as filed in Canada.
FY2023 · Filed Mar 28, 2024
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MGA$61.86-1.5%Stored close · as of Nov 6, 2026
Contents
EX-3 · ADJUSTED EBIT
ADJUSTED EBIT
| 2023 | 2022 | |
|---|---|---|
| Net income | $1,286 | $641 |
| Add : | ||
| Amortization of acquired intangible assets | 88 | 46 |
| Interest expense, net | 156 | 81 |
| Other expense, net | 388 | 703 |
| Income taxes | 320 | 237 |
| Adjusted EBIT | $2,238 | $1,708 |
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