Transcription of 2020-21 ANNUAL REPORT
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2020-21 ANNUAL REPORT
2020-21 ANNUAL REPORT LETTER OF TRANSMITTAL The Honourable Peter Bethlenfalvy, Minister of Finance: Dear Minister, I have the honour to present you with the 2020-21 ANNUAL REPORT of the Liquor Control Board of Ontario. Respectfully submitted, Carmine Nigro, Chair Table of Contents HIGHLIGHTS PAGE 3 MESSAGE FROM THE CHAIR PAGE 6 MESSAGE FROM THE PRESIDENT & CEO PAGE 8 CORPORATE STRUCTURE PAGE 11 BOARD MEMBERS PAGE 14 STRATEGIC PLAN OVERVIEW PAGE 18 MANAGEMENT DISCUSSION & ANALYSIS OF OPERATIONS PAGE 24 RESPONSIBILITY FOR FINANCIAL REPORTING PAGE 44 INDEPENDENT AUDITOR S REPORT PAGE 45 FINANCIAL STATEMENTS & NOTES PAGE 48 FINANCIAL OVERVIEW PAGE 94 CREDITS PAGE 102 LCBO FY2021 ANNUAL REPORT 2
Dividend of $2.39 billion to the Government of Ontario to support critical services like healthcare, education and infrastructure Total number of active grocers selling beer, cider, and in some stores, wine, has hit its target of 450 eCommerce sales soared in response to the demand for greater convenience and the COVID-19 pandemic
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