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Midas Edge

MAGNA INTERNATIONAL INC

For the period ended Dec 31, 2023. Filed Mar 28, 2024.

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About this filing

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
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Contents

EX-2 · Research and development

Research and development

Costs incurred in connection with research and development activities, to the extent not recoverable from the Company’s customers, are expensed as incurred. For the years ended December 31, 2023 and 2022, research and development costs charged to expense, net of reimbursements, were $862 million and $649 million, respectively.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.