MAGNA INTERNATIONAL INC
For the period ended Dec 31, 2024. Filed Mar 28, 2025.
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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.
FY2024 · Filed Mar 28, 2025
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Contents
EX-2 · Supplier Financing Programs
Supplier Financing Programs
The Company adopted ASU
No. 2022-04
“Liabilities –Supplier Finance Programs (Subtopic
405-50):
Disclosure of Supplier Finance Program Obligations” on January 1, 2023, and subsequently adopted the annual roll-forward disclosure requirement retrospectively. Refer to Note 22 [d].
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