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{"sheet":"Profitability Analysis","index":0,"n_rows":236,"n_cols":19,"rows_kept":236,"cut":false,"hidden":false,"merged":[[195,1,195,12],[195,14,195,18],[28,0,29,0],[30,0,31,0],[193,1,194,12],[193,14,194,18],[87,1,88,12],[87,14,88,18],[132,1,133,12],[132,14,133,18],[160,1,161,12],[160,14,161,18],[89,1,89,12],[89,14,89,18],[134,1,134,12],[134,14,134,18],[162,1,162,12],[162,14,162,18],[39,14,39,18],[22,0,23,0],[24,0,25,0],[34,0,35,0],[36,0,37,0],[39,1,39,12]]}
[]
["*Any row of cells with a blue label  can be adjusted to analyze the impact on the cost to the consumer and supplier profits"]
[]
["Inputs","ON","BC","AB","SK","MB","NS","NB","PEI","NFLD"]
["Share of National Market",0.55000000000000004,0.18,0.15,0.03,0.03,0.03,0.03,0,0,{"$f":"SUM(B5:J5)","v":1}]
["Interest Rate Ceiling",0.15,0.23,0.15,0.23,0.17,0.22,0.21,0.25,0.25]
[]
["Calculations"]
["Original IRC",0.21,0.23,0.23,0.23,0.17,0.22,0.21,0.25,0.25]
["Decrease in Provincial Lending Revenue",{"$f":"(B9-B6)/B9","v":0.2857142857142857},0,0.34782608695652178,0,0,0,0,0,0]
["Decrease in National Lending Revenue",{"$f":"B10*B5","v":0.15714285714285714},0,5.2173913043478265E-2,0,0,0,0,0,0]
[]
["IRR Reduction Impact on Cost to Borrower on Average Loan"]
["Average Loan Size",450]
["Average Loan Term (days)",10]
["Province","ON","BC","AB","SK","MB","NS","NB","PEI","NFLD"]
["Interest Charge",{"$f":"$B$14*B6","v":67.5},{"$f":"$B$14*C6","v":103.5},67.5,103.5,76.5,99,94.5,{"$f":"$B$14*I6","v":112.5},{"$f":"$B$14*J6","v":112.5}]
["Amount Due",{"$f":"$B$14*(1+B6)","v":517.5},{"$f":"$B$14*(1+C6)","v":553.5},517.5,553.5,526.5,549,544.5,{"$f":"$B$14*(1+I6)","v":562.5},562.5]
["Dollars Saved on Average Loan",{"$f":"((B$9*$B$14)-(B$6*$B$14))","v":27},0,36,0,0,0,0,0,0]
["Annual Percentage Rate",{"$f":"B6*(365/$B$15)","v":5.4749999999999996},{"$f":"C6*(365/$B$15)","v":8.3949999999999996},5.4749999999999996,8.3949999999999996,6.2050000000000001,8.0299999999999994,7.665,{"$f":"I6*(365/$B$15)","v":9.125},9.125]
["IRR Reduction Impact on Operating Profit"]
["Company",2002,2003,2004,2005,2006,2007,2008,2009,2010,2011,2012,2013,"5 Yr Avg ('09 - '13)"]
["National Money Mart",{"$f":"B63","v":0},0,0,0,0,0,{"$f":"H85","v":65.159918633540343},{"$f":"I85","v":58.716244720496888},67.260306211180151,78.169627329192551,84.009006211180164,83.490124223602493,{"$f":"AVERAGE(H23:M23)","v":72.800871221532105}]
[null,null,null,null,null,null,null,{"$f":"H131","v":0.26204853273398471},{"$f":"I131","v":0.27849878132787276},0.27355676485437747,0.28438801365119232,0.29138529980449301,0.28672031527927477,{"$f":"AVERAGE(I24:M24)","v":0.28290983498344208}]
["Cash Store Financial",null,null,null,null,null,null,null,{"$f":"O85","v":8.7846248447204989},{"$f":"P85","v":13.815730434782603},-2.1784850931676987,-20.361458385093201,-31.662155279503065,{"$f":"AVERAGE(I25:M25)","v":-6.3203486956521724}]
[null,null,null,null,null,null,null,null,{"$f":"O131","v":7.0362207478426836E-2},{"$f":"P131","v":7.4335778630353233E-2},-1.3505670386456017E-2,-0.12844114137942672,-0.19930999331646171,{"$f":"AVERAGE(I26:M26)","v":-3.9311763794712878E-2}]
["IRR Reduction Impact on Operating Profit (with interest expense included) "]
["Company",2002,2003,2004,2005,2006,2007,2008,2009,2010,2011,2012,2013,"5 Yr Avg ('09 - '13)"]
["National Money Mart",{"$f":"B69","v":0},0,0,0,0,0,{"$f":"H86","v":43.548918633540339},{"$f":"I86","v":42.217244720496893},19.350306211180154,13.069627329192556,11.809006211180161,7.8901242236024984,{"$f":"AVERAGE(H29:M29)","v":22.980871221532098}]
[null,null,null,null,null,null,null,{"$f":"H132","v":0.17513726949617106},{"$f":"I132","v":0.20024187959647594},7.8700313219688081E-2,4.754845945034137E-2,4.0959546725121442E-2,2.7096125751654054E-2,{"$f":"AVERAGE(I30:M30)","v":7.890926494865616E-2}]
["Cash Store Financial",null,null,null,null,null,null,null,{"$f":"O86","v":8.7846248447204989},{"$f":"P86","v":13.815730434782603},{"$f":"Q86","v":-2.7944850931676988},{"$f":"R86","v":-32.700458385093199},{"$f":"S86","v":-50.245155279503066},{"$f":"AVERAGE(J31:M31)","v":-17.981092080745341}]
[null,null,null,null,null,null,null,null,{"$f":"O132","v":7.0362207478426836E-2},{"$f":"P132","v":7.4335778630353233E-2},{"$f":"Q132","v":-1.732460538130589E-2},{"$f":"R132","v":-0.20627619688021628},{"$f":"S132","v":-0.31628805665750975},{"$f":"AVERAGE(J32:M32)","v":-0.11638827007216968}]
["IRR Reduction Impact on Income Before Taxes"]
["Company",2002,2003,2004,2005,2006,2007,2008,2009,2010,2011,2012,2013,"5 Yr Avg ('09 - '13)"]
["National Money Mart",{"$f":"B81","v":14.264322981366455},{"$f":"C81","v":21.350047204968945},20.828917391304344,28.061459627329185,40.610035403726698,34.73006211180126,36.531918633540343,-21.23875527950311,-28.742693788819849,21.669627329192551,-6.5909937888198442,-1.9098757763974987,{"$f":"AVERAGE(B35:M35)","v":13.297006004140792}]
[null,{"$f":"B127","v":0.25944414670319088},{"$f":"C127","v":0.3256464389865914},0.25651086293681302,0.27020245380390556,0.30063906869301132,0.18326333170976378,0.14691755110554877,-0.10073817715044914,-0.1169004241726542,7.8836019605906915E-2,-2.2860866802031442E-2,-6.5588617797041806E-3,{"$f":"AVERAGE(I36:M36)","v":-3.3644462059786412E-2}]
["Cash Store Financial",null,null,null,null,null,null,null,{"$f":"O81","v":-4.1373751552795008},{"$f":"P81","v":1.8397304347826031},-11.708485093167699,-85.761458385093192,-67.158155279503063,{"$f":"AVERAGE(I37:M37)","v":-33.385148695652177}]
[null,null,null,null,null,null,null,null,{"$f":"O127","v":-3.3139132773190964E-2},{"$f":"P127","v":9.8987016998551506E-3},-7.2587570550286001E-2,-0.54098775210571226,-0.42275364269244192,{"$f":"AVERAGE(I38:M38)","v":-0.21191387928435521}]
[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,"*2010 is based on 15 months of operations"]
[null,"National Money Mart ",null,null,null,null,null,null,null,null,null,null,null,null,"The Cash Store Financial Services "]
[null,2002,2003,2004,2005,2006,2007,2008,2009,2010,2011,2012,2013,null,2009,2010,2011,2012,2013]
["Lending Reveue as a Percentage of Loan Volume",0.22]
["Estimated Loan Volume",{"$f":"B46/$B$42","v":74},{"$f":"C46/$B$42","v":102.23636363636363},143.08636363636364,221.27272727272728,318.17727272727268,500.04545454545456,669.60454545454536,552.35454545454547,672.05,775.90909090909088,825,912.27272727272725]
[]
["Revenue"]
["Reported Consumer Lending ",16.28,22.492000000000001,31.478999999999999,48.68,69.998999999999995,110.01,147.31299999999999,121.518,147.851,170.7,181.5,200.7,null,122.572,171.61199999999999,136.62299999999999,137.994,152.43]
["IRR Adjusted Consumer Lending",{"$f":"B46*(1-$B$11-$C$11-$D$11-$E$11-$F$11-$G$11-$H$11-$I$11-$J$11)","v":12.872322981366461},{"$f":"C46*(1-$B$11-$C$11-$D$11-$E$11-$F$11-$G$11-$H$11-$I$11-$J$11)","v":17.784047204968942},24.889917391304348,38.490459627329194,55.3470354037267,86.983062111801246,116.47791863354036,96.082244720496888,116.90330621118012,134.96962732919252,143.50900621118012,158.69012422360248,null,96.915624844720497,{"$f":"P46*(1-$B$11-$C$11-$D$11-$E$11-$F$11-$G$11-$H$11-$I$11-$J$11)","v":135.69073043478261},{"$f":"Q46*(1-$B$11-$C$11-$D$11-$E$11-$F$11-$G$11-$H$11-$I$11-$J$11)","v":108.02551490683229},{"$f":"R46*(1-$B$11-$C$11-$D$11-$E$11-$F$11-$G$11-$H$11-$I$11-$J$11)","v":109.10954161490683},{"$f":"S46*(1-$B$11-$C$11-$D$11-$E$11-$F$11-$G$11-$H$11-$I$11-$J$11)","v":120.5238447204969}]
["Check Cashing",30.344000000000001,33.301000000000002,38.482999999999997,43.686,52.095999999999997,66.646000000000001,81.805999999999997,67.83,69.414000000000001,73.400000000000006,74.3,70.5]
["Other",{"$f":"4.363+7.401","v":11.763999999999999},{"$f":"5.143+9.334","v":14.477},{"$f":"5.795+12.033","v":17.827999999999999},{"$f":"6.845+4.167+10.665","v":21.677},{"$f":"8.334+5.302+14","v":27.635999999999999},{"$f":"11.678+3.081+21.121","v":35.879999999999995},50.372,46.918999999999997,59.555999999999997,66.5,70.5,62,null,27.933,50.164999999999999,53.276000000000003,49.417999999999999,38.335000000000001]
["Total Revenues",{"$f":"SUM(B47:B49)","v":54.980322981366456},{"$f":"SUM(C47:C49)","v":65.562047204968948},81.200917391304344,{"$f":"SUM(E47:E49)","v":103.85345962732919},{"$f":"SUM(F47:F49)","v":135.07903540372669},{"$f":"SUM(G47:G49)","v":189.50906211180126},248.65591863354035,210.8312447204969,245.87330621118014,274.86962732919255,288.30900621118013,291.19012422360248,null,{"$f":"SUM(O47:O49)","v":124.84862484472049},{"$f":"SUM(P47:P49)","v":185.8557304347826},161.3015149068323,158.52754161490682,158.8588447204969]
[]
["Operating Expenses"]
["Salaries and benefits",null,null,null,null,null,null,63.247,51.741,58.125999999999998,63.1,64.8,67.7,null,56.101999999999997,84.614000000000004,67.016999999999996,65.944000000000003,58.652999999999999]
["Provision for loan losses",2.919,3.2469999999999999,3.0009999999999999,5.819,9.07,13.692,27.114999999999998,23.201000000000001,15.8,19.899999999999999,18.8,23.1,null,4.9000000000000002E-2,0.78800000000000003,2.5590000000000002,31.004000000000001,36.606999999999999]
["Retention Payments",null,null,null,null,null,null,null,null,null,null,null,null,null,17.988,28.167000000000002,26.786000000000001,9.968,11.659000000000001]
["Selling, general and administrative ",null,null,null,null,null,null,null,null,null,null,null,null,null,26.715,33.808999999999997,24.109000000000002,23.594999999999999,20.449000000000002]
["Occupancy/Rent",null,null,null,null,null,null,16.161000000000001,14.491,16.053999999999998,18.3,21.1,21.6,null,11.943,18.553000000000001,18.427,18.940000000000001,18.581]
["Advertising and promotion ",null,null,null,null,null,null,null,null,null,null,null,null,null,3.2669999999999999,6.109,5.9409999999999998,5.18,6.3070000000000004]
["Purchased gold costs",null,null,null,null,null,null,null,null,null,8.8000000000000007,8.4,5.8]
["Depreciation",null,null,null,null,null,null,5.5270000000000001,4.7519999999999998,5.4039999999999999,6,5.8,6.5,null,5.827,8.1379999999999999,6.8029999999999999,6.843,6.3659999999999997]
["Other",null,null,null,null,null,null,39.273000000000003,37.829000000000001,46.311,40.700000000000003,42.4,43.9]
["Total operating expenses",null,null,null,null,null,null,{"$f":"SUM(H53:H61)","v":151.32300000000001},132.01400000000001,141.69499999999999,{"$f":"SUM(K53:K61)","v":156.80000000000001},{"$f":"SUM(L53:L61)","v":161.29999999999998},{"$f":"SUM(M53:M61)","v":168.6},null,{"$f":"SUM(O53:O61)","v":121.89099999999999},180.178,{"$f":"SUM(Q53:Q61)","v":151.642},{"$f":"SUM(R53:R61)","v":161.47400000000002},158.62199999999996]
["Operating Margin",null,null,null,null,null,null,{"$f":"H50-H62","v":97.332918633540345},78.817244720496888,104.17830621118014,{"$f":"K50-K62","v":118.06962732919254},{"$f":"L50-L62","v":127.00900621118015},{"$f":"M50-M62","v":122.59012422360249},null,{"$f":"O50-O62","v":2.9576248447204989},5.6777304347826032,{"$f":"Q50-Q62","v":9.6595149068322996},{"$f":"R50-R62","v":-2.9464583850931945},0.23684472049694705]
[]
["Corporate and other expenses"]
["Corporate expenses",null,null,null,null,null,null,23.599,16.285,20.844000000000001,23.3,20.5,21.4,null,null,null,18.640999999999998,22.684000000000001,38.142000000000003]
["Intercompany charges",null,null,null,null,null,null,13.268000000000001,7.4059999999999997,20.015000000000001,21.9,26.5,22.1]
["Other depreciation and amortization",null,null,null,null,null,null,1.49,1.228,1.2869999999999999,1.7,3.4,2.7,null,null,null,1.1459999999999999,0.83499999999999996,1.794]
["Interest expense, net",null,null,null,null,null,null,21.611000000000001,16.498999999999999,47.91,65.099999999999994,72.2,75.599999999999994,null,null,null,0.61599999999999999,12.339,18.582999999999998]
["Amortization of intangible Assets",null,null,null,null,null,null,null,null,null,null,null,null,null,0.185,0.92300000000000004,0.96499999999999997,5.1379999999999999,7.5170000000000003]
["Loss on extinguishment of debt",null,null,null,null,null,null,null,null,3.6419999999999999]
["Unrealized foreign exchange (gain) loss",null,null,null,null,null,null,null,null,2.1680000000000001,-51.7,12,0.5]
["Loss on derivatives not designated as hedges",null,null,null,null,null,null,null,null,12.948,39.299999999999997,-2.9,0]
["(Proceeds from) provision for litigation settlements",null,null,null,null,null,null,0,57.475999999999999,22.643999999999998,-3.9,0.1,0.1,null,6.91,2.915]
["Loss on store closings/Branch Closure Costs",null,null,null,null,null,null,0.11899999999999999,2.9670000000000001,0.94499999999999995,0.5,0.4,0.3,null,null,null,0,1.5740000000000001,0.123]
["Impairment of Property and Equipment",null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0,3.4249999999999998,1.236]
["Expense to settle pre-exisitng relationships with third-party lenders",null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0,36.82,0]
["Other expense (income), net",null,null,null,null,null,null,0.71399999999999997,-1.8049999999999999,0.51800000000000002,0.2,1.4,1.8]
["Total Corporate and Other Expenses",null,null,null,null,null,null,{"$f":"SUM(H66:H78)","v":60.801000000000002},{"$f":"SUM(I66:I78)","v":100.056},{"$f":"SUM(J66:J78)","v":132.92099999999999},{"$f":"SUM(K66:K78)","v":96.399999999999991},{"$f":"SUM(L66:L78)","v":133.6},124.49999999999999,null,{"$f":"SUM(O66:O77)","v":7.0949999999999998},3.8380000000000001,{"$f":"SUM(Q66:Q77)","v":21.367999999999999},{"$f":"SUM(R66:R77)","v":82.814999999999998},67.39500000000001]
["Total Expenses",40.716000000000001,44.212000000000003,60.372,75.792000000000002,94.468999999999994,154.779,{"$f":"H79+H62","v":212.12400000000002},{"$f":"I79+I62","v":232.07},274.61599999999999,253.2,294.89999999999998,293.09999999999997,null,128.98599999999999,184.01599999999999,173.01,244.28900000000002,226.01699999999997]
["(Loss) income before income taxes",{"$f":"B50-B80","v":14.264322981366455},21.350047204968945,20.828917391304344,28.061459627329185,40.610035403726698,34.73006211180126,{"$f":"H63-H79","v":36.531918633540343},{"$f":"I63-I79","v":-21.23875527950311},-28.742693788819849,{"$f":"K63-K79","v":21.669627329192551},{"$f":"L63-L79","v":-6.5909937888198442},-1.9098757763974987,null,{"$f":"O63-O79","v":-4.1373751552795008},1.8397304347826031,{"$f":"Q63-Q79","v":-11.708485093167699},{"$f":"R63-R79","v":-85.761458385093192},-67.158155279503063]
["Income tax provision",8.1050000000000004,10.944000000000001,10.111000000000001,15.172000000000001,21.306999999999999,25.303000000000001,25.721,-4.4999999999999998E-2,5.1609999999999996,13.4,13.5,13.8,null,6.8719999999999999,11.297000000000001,6.31,-13.355,0.28799999999999998]
["Net (loss) income",{"$f":"B81-B82","v":6.1593229813664543},10.406047204968944,10.717917391304344,12.889459627329185,{"$f":"F81-F82","v":19.3030354037267},9.4270621118012592,10.810918633540343,-21.193755279503108,-33.903693788819851,{"$f":"K81-K82","v":8.2696273291925504},{"$f":"L81-L82","v":-20.090993788819844},{"$f":"M81-M82","v":-15.709875776397499},null,{"$f":"O81-O82","v":-11.0093751552795},-9.4572695652173984,{"$f":"Q81-Q82","v":-18.018485093167698},{"$f":"R81-R82","v":-72.406458385093188},-67.44615527950306]
[]
["Operating Profit",null,null,null,null,null,null,{"$f":"H81+H76+H74+H73+H71+H69+H68+H60+H77+H70+H72","v":65.159918633540343},{"$f":"I81+I76+I74+I73+I71+I69+I68+I60+I77+I70+I72","v":58.716244720496888},67.260306211180151,{"$f":"K81+K76+K74+K73+K71+K69+K68+K60+K77+K70+K72","v":78.169627329192551},84.009006211180164,83.490124223602493,null,8.7846248447204989,13.815730434782603,-2.1784850931676987,-20.361458385093201,{"$f":"S81+S76+S74+S73+S71+S69+S68+S60+S77+S70+S72","v":-31.662155279503065}]
["Operating Profit Including Interest Expense",null,null,null,null,null,null,{"$f":"H85-H69","v":43.548918633540339},{"$f":"I85-I69","v":42.217244720496893},19.350306211180154,13.069627329192556,11.809006211180161,7.8901242236024984,null,8.7846248447204989,{"$f":"P85-P69","v":13.815730434782603},{"$f":"Q85-Q69","v":-2.7944850931676988},{"$f":"R85-R69","v":-32.700458385093199},{"$f":"S85-S69","v":-50.245155279503066}]
["Total Expenses (without non-reoccurring costs)",{"$f":"B80-B77-B76-B74-B73-B72-B71","v":40.716000000000001},{"$f":"C80-C77-C76-C74-C73-C72-C71","v":44.212000000000003},60.372,75.792000000000002,94.468999999999994,154.779,212.12400000000002,174.59399999999999,233.21399999999997,269.49999999999994,285.69999999999993,292.49999999999994,null,122.07599999999999,181.101,173.01,204.04400000000001,224.78099999999998]
[null,"Revenue, Expense, Income as a % of Sales",null,null,null,null,null,null,null,null,null,null,null,null,"Revenue, Expense, Income as a % of Sales"]
[]
[null,"National Money Mart ",null,null,null,null,null,null,null,null,null,null,null,null,"The Cash Store Financial Services "]
[null,2002,2003,2004,2005,2006,2007,2008,2009,2010,2011,2012,2013,null,2009,2010,2011,2012,2013]
["Revenue"]
["Consumer Lending ",{"$f":"B47/B$50","v":0.23412599787253083},0.2712552149167955,0.30652261317887231,0.3706227964426943,0.40973815987288087,0.45899157086475056,0.46843010724872824,0.45573057659397209,0.47546156194268641,0.49103143421353218,0.49776109354718828,0.54497083184643191,null,{"$f":"O47/O$50","v":0.77626505670573909},0.73008634233312997,0.66971171950386077,0.68826867876343156,0.75868513920362279]
["Check Cashing (Included in 'other' for CSF)",{"$f":"B48/B$50","v":0.55190654318789611},0.50793105797764226,0.47392321708080937,0.42065040641654239,0.38567050648751316,0.35167711378721328,0.32899277221935974,0.32172650733018038,0.28231612886183116,0.26703568783936193,0.25770960462323139,0.24210985928170983,null,0,0,0,0,0]
["Other",{"$f":"B49/B$50","v":0.2139674589395732},0.22081372710556221,0.21955416974031833,0.20872679714076339,0.20459133363960599,0.18933131534803604,0.20257712053191196,0.22254291607584745,0.2422223091954824,0.2419328779471058,0.24452930182958027,0.21291930887185828,null,0.22373494329426097,0.26991365766687009,0.33028828049613917,0.31173132123656849,0.24131486079637712]
["Total Revenues",{"$f":"B50/B$50","v":1},1,1,1,1,1,1,1,1,1,1,1,null,1,1,1,1,1]
[]
["Operating Expenses"]
["Salaries and benefits",null,null,null,null,null,null,{"$f":"H53/H$50","v":0.25435549794095602},0.24541428889533928,0.23640630573404209,0.22956337742048685,0.22475884763910356,0.23249414855846462,null,{"$f":"O53/O$50","v":0.44936017573102166},0.45526710315607588,0.41547656907443797,0.41597819109685286,0.36921456972192274]
["Provision for loan losses",null,null,null,null,null,null,{"$f":"H54/H$50","v":0.10904626822883334},0.11004535893509532,6.4260737545983979E-2,7.239795896462263E-2,6.5207813821221414E-2,7.9329613466773016E-2,null,3.9247528806138934E-4,4.2398477472639024E-3,1.5864699110098735E-2,0.1955748489137272,0.23043727948801299]
["Retention Payments (Payments to third party lenders for losses)",null,null,null,null,null,null,null,null,null,null,null,null,null,0.14407847921731165,0.15155303489490143,0.16606167657800106,6.2878663848923766E-2,7.3392199348505577E-2]
["Selling, general and administrative ",null,null,null,null,null,null,null,null,null,null,null,null,null,0.21397912899102073,0.18190991432391529,0.14946542823187589,0.14883849052120349,0.1287243403788996]
["Occupancy/Rent",null,null,null,null,null,null,{"$f":"H57/H$50","v":6.4993425810295991E-2},6.8732696708265428E-2,6.5293789909064981E-2,6.6577017540331379E-2,7.3185365512115519E-2,7.4178339865034498E-2,null,9.5659844190146379E-2,9.9824740171303522E-2,0.11423947264626391,0.11947450775467659,0.11696547354786704]
["Advertising and promotion ",null,null,null,null,null,null,null,null,null,null,null,null,null,2.6167689104011405E-2,3.2869581076186774E-2,3.6831644162992019E-2,3.2675710146210381E-2,3.9701912796211047E-2]
["Purchased gold costs",null,null,null,null,null,null,{"$f":"H59/H$50","v":0},0,0,3.2015177833601971E-2,2.9135406175439353E-2,1.9918257926722225E-2]
["Depreciation",null,null,null,null,null,null,2.2227502286585356E-2,2.2539353720079862E-2,2.1978799094841611E-2,2.1828530341092254E-2,2.0117304263993836E-2,2.2322185607533528E-2,null,{"$f":"O60/O$50","v":4.6672520480279908E-2},4.3786650973646743E-2,4.2175673327863109E-2,4.3166000874617312E-2,4.0073311695049865E-2]
["Other",null,null,null,null,null,null,0.15794114298915626,0.17942786445220985,0.18835310230962432,0.14807019748040912,0.1470644311712653,0.15076060741088029]
["Total operating expenses",null,null,null,null,null,null,0.60856383725582697,0.62615956271098983,0.57629273459355701,0.57045225958054424,0.55946916858313889,0.57900315283540815,null,{"$f":"O62/O$50","v":0.97631031300185311},0.96945087234329352,0.94011516313153265,1.0185864131562117,0.99850908697646856]
["Operating Margin",null,null,null,null,null,null,{"$f":"H63/H50","v":0.39143616274417303},{"$f":"I63/I50","v":0.37384043728901023},0.42370726540644305,0.42954774041945576,0.44053083141686106,{"$f":"M63/M50","v":0.42099684716459185},null,{"$f":"O63/O50","v":2.3689686998146931E-2},3.054912765670649E-2,5.9884836868467309E-2,-1.8586413156211654E-2,1.4909130235314367E-3]
[]
["Corporate and other expenses"]
["Corporate expenses",null,null,null,null,null,null,{"$f":"H66/H$50","v":9.4906246871924699E-2},7.7241871913194565E-2,8.4775367937246215E-2,8.4767459491241579E-2,7.1104265071012709E-2,7.3491503384802689E-2,null,{"$f":"O66/O$50","v":0},{"$f":"P66/P$50","v":0},{"$f":"Q66/Q$50","v":0.11556618058278643},{"$f":"R66/R$50","v":0.14309185501093366},{"$f":"S66/S$50","v":0.24009994575441287}]
["Intercompany charges",null,null,null,null,null,null,5.3358874676753119E-2,3.51276207177844E-2,8.1403712783725921E-2,7.9674135744986718E-2,9.1915269482040818E-2,7.5895431065614E-2]
["Other depreciation and amortization",null,null,null,null,null,null,5.9922161040369421E-3,5.8245636296839383E-3,5.2344031152962902E-3,6.1847502633094716E-3,1.1792902499582595E-2,9.2722924831293123E-3,null,{"$f":"O68/O$50","v":0},0,7.1047069871720001E-3,5.2672235467346859E-3,1.1293044483336392E-2]
["Interest expense, net",null,null,null,null,null,null,8.691126323781366E-2,7.8256901731396808E-2,0.1948564516346894,0.23683955420085093,0.25042575307937159,0.25962418952762073,null,0,0,3.8189349948498708E-3,7.7835055500789563E-2,0.11697806334104802]
["Amortization of intangible Assets",null,null,null,null,null,null,null,null,null,null,null,null,null,1.4817944549256534E-3,4.9662176024423627E-3,5.9825848539450093E-3,3.2410771955835707E-2,4.7318737670702153E-2]
["Loss on extinguishment of debt",null,null,null,null,null,null,{"$f":"H71/H$50","v":0},0,1.4812506717878079E-2,0,0,0]
["Unrealized foreign exchange (gain) loss",null,null,null,null,null,null,0,0,8.8175493037780557E-3,-0.18808916977241158,4.1622008822056217E-2,1.7170912005795022E-3]
["Loss on derivatives not designated as hedges",null,null,null,null,null,null,0,0,5.26612677054051E-2,0.14297687373415424,-1.0058652131996918E-2,0]
["(Proceeds from) provision for litigation settlements",null,null,null,null,null,null,0,0.27261613939716123,9.2096211455143115E-2,-1.4188544721709963E-2,3.4685007351713514E-4,3.4341824011590048E-4,null,{"$f":"O74/O$50","v":5.5347025316412245E-2},1.5684208354408976E-2,0,0,0]
["Loss on store closings/Branch Closure Costs",null,null,null,null,null,null,4.7857296401368862E-4,1.4072866685075118E-2,3.8434428468958771E-3,1.8190441950910212E-3,1.3874002940685406E-3,1.0302547203477014E-3,null,0,0,0,9.9288740868986782E-3,7.7427228063008699E-4]
["Impairment of Property and Equipment",null,null,null,null,null,null,null,null,null,null,null,null,null,0,0,0,2.1605078619839877E-2,7.7804921858438012E-3]
["Expense to settle pre-exisitng relationships with third-party lenders",null,null,null,null,null,null,null,null,null,null,null,null,null,0,0,0,0.2322624802284684,0]
["Other expense (income), net",null,null,null,null,null,null,{"$f":"H78/H$50","v":2.8714377840821318E-3},-8.5613496348367329E-3,2.1067760790392217E-3,7.2761767803640844E-4,4.8559010292398919E-3,6.1815283220862088E-3]
["Total Corporate and Other Expenses",null,null,null,null,null,null,{"$f":"H79/H$50","v":0.24451861163862423},0.47457861443945937,0.54060768957909722,0.35071172081354884,0.46339169821889253,0.42755570894429601,null,{"$f":"O79/O$50","v":5.6828819771337899E-2},{"$f":"P79/P$50","v":2.0650425956851338E-2},{"$f":"Q79/Q$50","v":0.13247240741875332},{"$f":"R79/R$50","v":0.52240133894950058},{"$f":"S79/S$50","v":0.42424455571597336}]
["Total Expenses",{"$f":"B80/B$50","v":0.74055585329680917},0.6743535610134086,0.74348913706318698,0.72979754619609449,0.69936093130698862,0.81673666829023628,0.85308244889445128,1.100738177150449,1.1169004241726541,0.92116398039409308,1.0228608668020314,1.0065588617797041,null,{"$f":"O80/O$50","v":1.0331391327731909},{"$f":"P80/P$50","v":0.99010129830014482},{"$f":"Q80/Q$50","v":1.0725875705502861},{"$f":"R80/R$50","v":1.5409877521057123},1.4227536426924419]
["(Loss) income before income taxes",{"$f":"B81/B50","v":0.25944414670319088},{"$f":"C81/C50","v":0.3256464389865914},0.25651086293681302,0.27020245380390556,0.30063906869301132,0.18326333170976378,0.14691755110554877,-0.10073817715044914,-0.1169004241726542,7.8836019605906915E-2,-2.2860866802031442E-2,-6.5588617797041806E-3,null,{"$f":"O81/O50","v":-3.3139132773190964E-2},{"$f":"P81/P50","v":9.8987016998551506E-3},-7.2587570550286001E-2,-0.54098775210571226,{"$f":"S81/S50","v":-0.42275364269244192}]
["Income tax provision"]
["Net (loss) income",{"$f":"B83/B50","v":0.11202777007064743},{"$f":"C83/C50","v":0.1587205959636396},0.13199256530138789,0.12411199081457759,0.14290178595096889,4.9744650766303432E-2,4.3477423312304357E-2,-0.10052473630082716,-0.13789090939257972,3.0085635177467547E-2,-6.9685626726844682E-2,-5.3950578915698447E-2,null,{"$f":"O83/O50","v":-8.8181789498861726E-2},{"$f":"P83/P50","v":-5.088500388496757E-2},-0.11170685596830984,-0.45674371561871613,-0.42456657291050259]
[]
["Operating Profit",null,null,null,null,null,null,{"$f":"H85/H50","v":0.26204853273398471},{"$f":"I85/I50","v":0.27849878132787276},0.27355676485437747,0.28438801365119232,0.29138529980449301,0.28672031527927477,null,7.0362207478426836E-2,7.4335778630353233E-2,-1.3505670386456017E-2,-0.12844114137942672,-0.19930999331646171]
["Operating Profit Including Interest Expense",null,null,null,null,null,null,{"$f":"H86/H50","v":0.17513726949617106},{"$f":"I86/I50","v":0.20024187959647594},7.8700313219688081E-2,4.754845945034137E-2,4.0959546725121442E-2,2.7096125751654054E-2,null,7.0362207478426836E-2,7.4335778630353233E-2,-1.732460538130589E-2,-0.20627619688021628,-0.31628805665750975]
[null,"Expense Distribution (Not including non-reoccurring expenses)",null,null,null,null,null,null,null,null,null,null,null,null,"Expense Distribution (Not including non-reoccurring expenses)"]
[]
[null,"National Money Mart ",null,null,null,null,null,null,null,null,null,null,null,null,"The Cash Store Financial Services "]
[null,2002,2003,2004,2005,2006,2007,2008,2009,2010,2011,2012,2013,null,2009,2010,2011,2012,2013]
["Estimated Provision for Losses as a % of Loan Volume",{"$f":"B54/B43","v":3.944594594594595E-2},3.1759736795304999E-2,2.0973347310905683E-2,2.6297863599013968E-2,2.8506121516021662E-2,2.7381510771748021E-2,4.0494050083835102E-2,4.2003818364357542E-2,2.3510155494382862E-2,2.5647334504979497E-2,2.2787878787878788E-2,2.5321375186846042E-2]
[]
["Operating Expenses"]
["Salaries and benefits",null,null,null,null,null,null,{"$f":"H53/H$87","v":0.29816050989044141},0.29635039004776798,0.2492388964641917,0.23413729128014849,0.2268113405670284,0.2314529914529915,null,{"$f":"O53/O$87","v":0.45956617189291915},0.4672199490891823,0.38735911219004682,0.32318519535002255,0.26093397573638344]
["Provision for loan losses",null,null,null,null,null,null,0.12782617714167183,0.13288543707114792,6.7748934455049883E-2,7.3840445269016702E-2,6.5803290164508241E-2,7.8974358974358991E-2,null,4.0138929846980572E-4,4.3511631630968354E-3,1.479105254031559E-2,0.1519476191409696,0.16285629123457945]
["Retention Payments",null,null,null,null,null,null,null,null,null,null,null,null,null,0.14735083063009929,0.15553199595805656,0.15482342061152535,4.8852208347219227E-2,5.1868262886987787E-2]
["Selling, general and administrative ",null,null,null,null,null,null,null,null,null,null,null,null,null,0.21883908384940529,0.18668588246337678,0.13935032657071847,0.11563682343024052,9.097299148949424E-2]
["Occupancy/Rent",null,null,null,null,null,null,{"$f":"H57/H$87","v":7.6186570119364139E-2},{"$f":"I57/I$87","v":8.299827027274706E-2},6.8838062895023464E-2,6.790352504638221E-2,7.3853692684634251E-2,7.3846153846153867E-2,null,9.7832497788263056E-2,0.10244559665600964,0.1065082943182475,9.2823116582697845E-2,8.2662680564638477E-2]
["Advertising and promotion ",null,null,null,null,null,null,null,null,null,null,null,null,null,2.6762017104099086E-2,3.3732558075328128E-2,3.4339055545922204E-2,2.538668130403246E-2,2.8058421307850755E-2]
["Purchased gold costs",null,null,null,null,null,null,{"$f":"H59/H$87","v":0},{"$f":"I59/I$87","v":0},0,3.2653061224489806E-2,2.9401470073503685E-2,1.9829059829059831E-2]
["Depreciation",null,null,null,null,null,null,{"$f":"H60/H$87","v":2.6055514698949667E-2},{"$f":"I60/I$87","v":2.721743015223891E-2},2.3171850746524655E-2,2.2263450834879413E-2,2.0301015050752543E-2,2.2222222222222227E-2,null,{"$f":"O60/O$87","v":4.7732560044562403E-2},{"$f":"P60/P$87","v":4.49362510422361E-2},{"$f":"Q60/Q$87","v":3.9321426507138317E-2},{"$f":"R60/R$87","v":3.3536884201446744E-2},{"$f":"S60/S$87","v":2.8320899008368147E-2}]
["Other",null,null,null,null,null,null,{"$f":"H61/H$87","v":0.18514170956610285},0.21666838493877225,0.19857727237644399,0.15102040816326534,0.14840742037101859,0.1500854700854701]
["Total operating expenses",null,null,null,null,null,null,{"$f":"H62/H$87","v":0.71337048141652992},0.75611991248267418,0.6075750169372337,0.58181818181818201,0.5645782289114456,0.57641025641025645,null,{"$f":"O62/O$87","v":0.99848455060781804},{"$f":"P62/P$87","v":0.99490339644728631},0.87649268828391425,0.79136852835662896,0.70567352222830204]
[]
["Corporate and other expenses"]
["Corporate expenses",null,null,null,null,null,null,{"$f":"H66/H$87","v":0.11125096641586996},9.3273537464059475E-2,8.9377138593737956E-2,8.6456400742115053E-2,7.1753587679383987E-2,7.3162393162393174E-2,null,{"$f":"O66/O$87","v":0},{"$f":"P66/P$87","v":0},{"$f":"Q66/Q$87","v":0.10774521703947748},{"$f":"R66/R$87","v":0.11117210013526495},{"$f":"S66/S$87","v":0.1696851602226167}]
["Intercompany charges",null,null,null,null,null,null,6.2548320793498133E-2,4.2418410712853821E-2,8.5822463488469836E-2,8.1261595547309842E-2,9.2754637731886622E-2,7.555555555555557E-2]
["Other depreciation and amortization",null,null,null,null,null,null,7.0241933963153622E-3,7.0334604854691458E-3,5.518536623015771E-3,6.3079777365491665E-3,1.1900595029751489E-2,9.2307692307692334E-3,null,{"$f":"O68/O$87","v":0},0,6.6238945725680598E-3,4.0922546117504064E-3,7.9811016055627484E-3]
["Interest expense, net",null,null,null,null,null,null,0.10187908958910825,9.4499238232699859E-2,0.20543363605958478,0.24155844155844158,0.25271263563178165,0.25846153846153846,null,0,0,3.560487833073233E-3,6.0472251083099719E-2,8.2671578113808555E-2]
["Amortization of intangible Assets",null,null,null,null,null,null,null,null,null,null,null,null,null,1.5154493921819196E-3,5.0966035527136794E-3,5.5777122709669965E-3,2.518084334751328E-2,3.3441438555749825E-2]
["Loss on store closings/Branch Closure Costs",null,null,null,null,null,null,{"$f":"H75/H$87","v":5.6099262695404571E-4},{"$f":"I75/I$87","v":1.6993711124093612E-2},4.0520723455710209E-3,1.8552875695732843E-3,1.4000700035001754E-3,1.0256410256410259E-3,null,0,0,0,7.7140224657426832E-3,5.4719927395998778E-4]
["Other expense (income), net",null,null,null,null,null,null,{"$f":"H78/H$87","v":3.3659557617242738E-3},{"$f":"I78/I$87","v":-1.0338270501850006E-2},{"$f":"J78/J$87","v":2.2211359523870784E-3},7.4211502782931373E-4,4.900245012250613E-3,6.1538461538461556E-3]
["Total Expenses (without non-reoccurring costs)",{"$f":"B87/B$87","v":1},{"$f":"C87/C$87","v":1},1,1,1,1,1,1,1,1,1,1,null,1,1,1,1,1]
[]
[null,"Expense Distribution (Total Expenses)",null,null,null,null,null,null,null,null,null,null,null,null,"Expense Distribution (Total Expenses)"]
[]
[null,"National Money Mart ",null,null,null,null,null,null,null,null,null,null,null,null,"The Cash Store Financial Services "]
[null,2002,2003,2004,2005,2006,2007,2008,2009,2010,2011,2012,2013,null,2009,2010,2011,2012,2013]
["Operating Expenses"]
["Salaries and benefits",null,null,null,null,null,null,{"$f":"H53/H$80","v":0.29816050989044141},{"$f":"I53/I$80","v":0.22295428103589435},0.21166283100766162,0.2492101105845182,0.21973550356052901,0.23097918799044698,null,0.43494642829454361,0.45981871141639863,0.38735911219004682,0.26994256802393884,0.25950702823238964]
["Provision for loan losses",null,null,null,null,null,null,{"$f":"H54/H$80","v":0.12782617714167183},9.9974145731891242E-2,5.753488507588779E-2,7.859399684044234E-2,6.3750423872499157E-2,7.8812691914022528E-2,null,3.7988618919882784E-4,4.2822363272758896E-3,1.479105254031559E-2,0.12691525201707812,0.16196569284611337]
["Retention Payments",null,null,null,null,null,null,null,null,null,null,null,null,null,0.13945699533282682,0.15306821145987307,0.15482342061152535,4.080412953509982E-2,5.1584615316546997E-2]
["Selling, general and administrative ",null,null,null,null,null,null,null,null,null,null,null,null,null,0.2071155009070752,0.18372858881836363,0.13935032657071847,9.6586420182652497E-2,9.0475495206112838E-2]
["Occupancy/Rent",null,null,null,null,null,null,{"$f":"H57/H$80","v":7.6186570119364139E-2},6.2442366527340892E-2,5.8459812975209018E-2,7.2274881516587688E-2,7.1549677856900654E-2,7.3694984646878209E-2,null,9.2591444032685724E-2,0.10082275454308322,0.1065082943182475,7.7531120926443681E-2,8.2210630173836494E-2]
["Advertising and promotion ",null,null,null,null,null,null,null,null,null,null,null,null,null,{"$f":"O58/O$80","v":2.5328330206378986E-2},{"$f":"P58/P$80","v":3.319820015650813E-2},{"$f":"Q58/Q$80","v":3.4339055545922204E-2},{"$f":"R58/R$80","v":2.1204393157285017E-2},{"$f":"S58/S$80","v":2.7904980598804519E-2}]
["Purchased gold costs",null,null,null,null,null,null,{"$f":"H59/H$80","v":0},0,0,3.4755134281200639E-2,2.848423194303154E-2,1.9788468099624704E-2]
["Depreciation",null,null,null,null,null,null,2.6055514698949667E-2,2.0476580342138149E-2,1.9678387275322635E-2,2.3696682464454978E-2,1.9667683960664633E-2,2.217673149095872E-2,null,{"$f":"O60/O$80","v":4.5175445397174892E-2},{"$f":"P60/P$80","v":4.4224415268237546E-2},{"$f":"Q60/Q$80","v":3.9321426507138317E-2},{"$f":"R60/R$80","v":2.8011903933455862E-2},{"$f":"S60/S$80","v":2.8166022909781124E-2}]
["Other",null,null,null,null,null,null,0.18514170956610285,0.16300685138104884,0.16863911789553412,0.16074249605055294,0.14377755171244491,0.14977823268509041]
["Total operating expenses",null,null,null,null,null,null,0.71337048141652992,0.56885422501831351,0.51597503422961521,0.61927330173775674,0.54696507290606988,0.57523029682702154,null,{"$f":"O62/O$80","v":0.94499403035988405},{"$f":"P62/P$80","v":0.97914311798974007},{"$f":"Q62/Q$80","v":0.87649268828391425},{"$f":"R62/R$80","v":0.66099578777595391},{"$f":"S62/S$80","v":0.70181446528358482}]
[]
["Corporate and other expenses"]
["Corporate expenses",null,null,null,null,null,null,{"$f":"H66/H$80","v":0.11125096641586996},7.017279269186022E-2,7.5902350919101594E-2,9.2022116903633502E-2,6.9515089860969825E-2,7.3012623677925631E-2,null,0,0,0.10774521703947748,9.2857230575261268E-2,0.16875721737745394]
["Intercompany charges",null,null,null,null,null,null,6.2548320793498133E-2,3.191278493557978E-2,7.2883590176828744E-2,8.6492890995260668E-2,8.9860969820278067E-2,7.5400887069259653E-2]
["Other depreciation and amortization",null,null,null,null,null,null,7.0241933963153622E-3,5.2915068729262726E-3,4.6865441197890875E-3,6.7140600315955768E-3,1.1529331976941337E-2,9.2118730808597761E-3,null,0,0,6.6238945725680598E-3,3.4180826807592643E-3,7.9374560320683851E-3]
["Interest expense, net",null,null,null,null,null,null,0.10187908958910825,7.1094928254405998E-2,0.17446179392315087,0.25710900473933646,0.24482875551034253,0.25793244626407369,null,0,0,3.560487833073233E-3,5.0509846943579122E-2,8.2219479065734E-2]
["Amortization of intangible Assets",null,null,null,null,null,null,null,null,null,null,null,null,null,1.43426418370986E-3,5.0158681853751854E-3,5.5777122709669965E-3,2.1032465645198922E-2,3.3258560196799361E-2]
["Loss on extinguishment of debt",null,null,null,null,null,null,{"$f":"H71/H$80","v":0},0,1.3262155154834388E-2,0,0,0]
["Unrealized foreign exchange (gain) loss",null,null,null,null,null,null,0,0,7.8946601800332118E-3,-0.20418641390205372,4.0691759918616482E-2,1.70590242238144E-3]
["Loss on derivatives not designated as hedges",null,null,null,null,null,null,0,0,4.7149474174847793E-2,0.15521327014218009,-9.8338419803323165E-3,0]
["(Proceeds from) provision for litigation settlements",null,null,null,null,null,null,0,0.24766665230318438,8.2456958079645759E-2,-1.5402843601895736E-2,3.3909799932180403E-4,3.4118048447628804E-4,null,{"$f":"O74/O$80","v":5.3571705456406125E-2},1.5841013824884793E-2,0,0,0]
["Loss on store closings/Branch Closure Costs",null,null,null,null,null,null,5.6099262695404571E-4,1.2784935579781963E-2,3.4411687592856934E-3,1.9747235387045817E-3,1.3563919972872161E-3,1.0235414534288639E-3,null,0,0,0,6.4431881910360271E-3,5.4420685169699634E-4]
["Impairment of Property and Equipment",null,null,null,null,null,null,null,null,null,null,null,null,null,0,0,0,1.4020279259401773E-2,5.4686151926624993E-3]
["Expense to settle pre-exisitng relationships with third-party lenders",null,null,null,null,null,null,null,null,null,null,null,null,null,0,0,0,0.15072311892880971,0]
["Other expense (income), net",null,null,null,null,null,null,{"$f":"H78/H$80","v":3.3659557617242738E-3},-7.7778256560520533E-3,1.8862702828677136E-3,7.8988941548183264E-4,4.7473719905052562E-3,6.1412487205731838E-3]
["Total Corporate and Other Expenses",null,null,null,null,null,null,0.28662951858347002,0.43114577498168655,0.48402496577038484,0.38072669826224326,0.45303492709393017,0.42476970317297852,null,5.5005969640115983E-2,2.0856882010259977E-2,0.12350731171608577,0.33900421222404609,0.29818553471641523]
["Total Expenses",{"$f":"B80/B$80","v":1},1,1,1,1,1,1,1,1,1,1,1,null,1,1,1,1,1]
[]
[null,"Growth Rate Year over Year",null,null,null,null,null,null,null,null,null,null,null,null,"Growth Rate Year over Year"]
[]
[null,"National Money Mart ",null,null,null,null,null,null,null,null,null,null,null,null,"The Cash Store Financial Services "]
[null,2002,2003,2004,2005,2006,2007,2008,2009,2010,2011,2012,2013,null,2009,2010,2011,2012,2013]
["Estimated Loan Volume",null,{"$f":"(C43-B43)/B43","v":0.38157248157248153},{"$f":"(D43-C43)/C43","v":0.3995642895251646},0.54642777724832425,0.43794165981922734,0.57159387991257049,0.33908735569493659,-0.17510335136749627,0.21670040652413622,0.1545407200492388,6.3268892794376141E-2,0.10578512396694212]
[]
["Revenue"]
["Consumer Lending ",null,{"$f":"(C47-B47)/B47","v":0.38157248157248136},{"$f":"(D47-C47)/C47","v":0.39956428952516465},0.54642777724832436,0.43794165981922734,0.57159387991257049,0.33908735569493659,-0.17510335136749636,0.21670040652413641,0.15454072004923855,6.3268892794376294E-2,0.10578512396694215,null,null,{"$f":"(P47-O47)/O47","v":0.40009137486538521},-0.20388434375218525,1.0034913594343671E-2,0.10461324405408934]
["Check Cashing (Included in 'other' for CSF)",null,{"$f":"(C48-B48)/B48","v":9.7449248615871356E-2},0.15561094261433575,0.13520255697320904,0.19251018632971653,0.27929207616707624,0.22747051585991651,-0.17084321443414907,2.3352498894294606E-2,5.7423574495058693E-2,1.2261580381471272E-2,-5.1144010767160124E-2]
["Other",null,0.2306188371302279,0.2314706085514954,0.21589634283150103,0.27489966323753284,0.29830655666521916,0.4039018952062432,-6.8549988088620728E-2,0.2693365161235321,0.11659614480488957,6.0150375939849621E-2,-0.12056737588652482,null,null,{"$f":"(P49-O49)/O49","v":0.79590448573371997},6.2015349347154476E-2,-7.2415346497484864E-2,-0.22427050872151844]
["Total Revenues",null,0.19246384251305282,0.23853541573287124,0.27896904325431504,0.30066957700252145,0.40294947728485847,0.31210568963105989,-0.15211652359173489,0.16620905282392648,0.1179319608331436,4.8893648281816728E-2,9.9931599442023376E-3,null,null,0.48864859878063716,-0.1321143850152442,-1.7197441037845915E-2,2.0898772681082652E-3]
[]
["Operating Expenses"]
["Salaries and benefits",null,null,null,null,null,null,null,{"$f":"(I53-H53)/H53","v":-0.18192167217417426},{"$f":"(J53-I53)/I53","v":0.1234031039214549},{"$f":"(K53-J53)/J53","v":8.5572721329525578E-2},{"$f":"(L53-K53)/K53","v":2.6941362916006271E-2},{"$f":"(M53-L53)/L53","v":4.4753086419753174E-2},null,null,{"$f":"(P53-O53)/O53","v":0.50821717585825832},-0.20796794856643117,-1.6010862915379582E-2,-0.1105635084313964]
["Provision for loan losses",null,{"$f":"(C54-B54)/B54","v":0.11236724905789648},-7.5762242069602706E-2,0.93902032655781409,0.5586870596322393,0.50959206174200655,0.98035349108968728,-0.1443481467822238,-0.31899487091073658,0.25949367088607578,-5.5276381909547638E-2,0.22872340425531917,null,null,15.081632653061224,2.2474619289340101,11.115670183665493,0.18071861695265121]
["Retention Payments",null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.56587725150100077,-4.902900557389854E-2,-0.62786530277010377,0.16964285714285721]
["Selling, general and administrative ",null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.26554370204005234,-0.28690585347096914,-2.1319839064249984E-2,-0.13333333333333322]
["Occupancy/Rent",null,null,null,null,null,null,null,{"$f":"(I57-H57)/H57","v":-0.10333518965410567},{"$f":"(J57-I57)/I57","v":0.10786005106617894},{"$f":"(K57-J57)/J57","v":0.13990282795564984},{"$f":"(L57-K57)/K57","v":0.15300546448087435},{"$f":"(M57-L57)/L57","v":2.3696682464454975E-2},null,null,0.55346227915934032,-6.7913544979249299E-3,2.7839583220274688E-2,-1.8954593453009594E-2]
["Advertising and promotion ",null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.86991123354759725,-2.7500409232280268E-2,-0.12809291365090056,0.2175675675675677]
["Purchased gold costs",null,null,null,null,null,null,null,null,null,null,{"$f":"(L59-K59)/K59","v":-4.5454545454545491E-2},-0.30952380952380959]
["Depreciation",null,null,null,null,null,null,null,{"$f":"(I60-H60)/H60","v":-0.14022073457571926},0.13720538720538725,0.11028867505551446,-3.3333333333333361E-2,0.12068965517241383,null,null,{"$f":"(P60-O60)/O60","v":0.39660202505577485},-0.16404521995576307,5.8797589298838797E-3,-6.9706269180184174E-2]
["Other",null,null,null,null,null,null,null,-3.6768263183357588E-2,0.22421951412937163,-0.12115911986353128,4.1769041769041663E-2,3.5377358490566037E-2]
["Total operating expenses",null,null,null,null,null,null,null,-0.12760122387211459,7.3333131334555296E-2,0.10660220896997084,2.8698979591836551E-2,4.5257284562926298E-2,null,null,{"$f":"(P62-O62)/O62","v":0.4781895299899091},-0.15837671635826794,6.4836918531805315E-2,-1.7662286188488922E-2]
["Operating Margin",null,null,null,null,null,null,null,-0.19023033700196745,0.32177046508818091,0.13334178317175999,7.5712772913761536E-2,-3.4791879091080433E-2,null,null,0.91969256848704872,0.70129861179331532,-1.3050317136535632,-1.0803828493540579]
[]
["Corporate and other expenses"]
["Corporate expenses",null,null,null,null,null,null,null,{"$f":"(I66-H66)/H66","v":-0.30992838679605067},0.27995087503837895,0.11782767223181728,-0.12017167381974252,4.3902439024390172E-2,null,null,null,null,{"$f":"(R66-Q66)/Q66","v":0.21688750603508414},0.6814494798095575]
["Intercompany charges",null,null,null,null,null,null,null,-0.44181489297558041,1.7025384823116396,9.4179365475892979E-2,0.21004566210045669,-0.16603773584905654]
["Other depreciation and amortization",null,null,null,null,null,null,null,-0.17583892617449665,4.8045602605863144E-2,0.32090132090132095,1,-0.20588235294117641,null,null,null,null,{"$f":"(R68-Q68)/Q68","v":-0.27137870855148338},1.1485029940119762]
["Interest expense, net",null,null,null,null,null,null,null,-0.23654620332238219,1.9038123522637735,0.35879774577332496,0.10906298003072211,4.7091412742382155E-2,null,null,null,null,19.030844155844157,0.50603776643163934]
["Amortization of intangible Assets",null,null,null,null,null,null,null,null,null,null,null,null,null,null,{"$f":"(P70-O70)/O70","v":3.9891891891891893},4.5503791982665139E-2,4.3243523316062182,0.46302063059556259]
["Loss on extinguishment of debt"]
["Unrealized foreign exchange (gain) loss",null,null,null,null,null,null,null,null,null,{"$f":"(K72-J72)/J72","v":-24.846863468634684},-1.2321083172147003,-0.95833333333333337]
["Loss on derivatives not designated as hedges",null,null,null,null,null,null,null,null,null,2.0352177942539385,-1.0737913486005088,-1]
["(Proceeds from) provision for litigation settlements",null,null,null,null,null,null,null,null,{"$f":"(J74-I74)/I74","v":-0.60602686338645695},-1.1722310545839958,-1.0256410256410258,0,null,null,{"$f":"(P74-O74)/O74","v":-0.57814761215629518},-1]
["Loss on store closings/Branch Closure Costs",null,null,null,null,null,null,null,{"$f":"(I75-H75)/H75","v":23.932773109243698},{"$f":"(J75-I75)/I75","v":-0.68149646107178974},-0.47089947089947087,-0.19999999999999996,-0.25000000000000006,null,null,null,null,null,{"$f":"(S75-R75)/R75","v":-0.92185514612452346}]
["Impairment of Property and Equipment",null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-0.63912408759124095]
["Expense to settle pre-exisitng relationships with third-party lenders",null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-1]
["Other expense (income), net",null,null,null,null,null,null,null,{"$f":"(I78-H78)/H78","v":-3.5280112044817931},{"$f":"(J78-I78)/I78","v":-1.2869806094182825},{"$f":"(K78-J78)/J78","v":-0.61389961389961389},{"$f":"(L78-K78)/K78","v":5.9999999999999991},{"$f":"(M78-L78)/L78","v":0.28571428571428581}]
["Total Corporate and Other Expenses",null,{"$f":"(C80-B80)/B80","v":8.5863051380292807E-2},{"$f":"(D80-C80)/C80","v":0.36551162580294932},{"$f":"(E80-D80)/D80","v":0.25541641820711591},{"$f":"(F80-E80)/E80","v":0.24642442474139739},{"$f":"(G80-F80)/F80","v":0.63841048386243116},{"$f":"(H79-G80)/G80","v":-0.60717539201054405},{"$f":"(I79-H79)/H79","v":0.6456308284403216},0.32846605900695608,-0.27475718659955917,0.38589211618257269,-6.8113772455089885E-2,null,null,{"$f":"(P79-O79)/O79","v":-0.45905567300916134},4.5674830640958826,2.8756551853238492,-0.18619815250860336]
["(Loss) income before income taxes",null,{"$f":"(C81-B81)/B81","v":0.49674451657177154},-2.4408836601696814E-2,0.34723562920482282,0.44718186234961194,-0.14479113927061105,5.1881753506188316E-2,-1.5813753034039548,0.35331347861795681,-1.7539177604021745,-1.3041581513467329,-0.71022946802996867,null,null,{"$f":"(P81-O81)/O81","v":-1.4446612564091543},-7.3642394949840924,6.3247271276057679,-0.21691915524635833]
["Income tax provision",null,0.35027760641579275,-7.6114766081871357E-2,0.5005439620215606,0.40436330081729488,0.18754399962453666,1.6519780263209865E-2,-1.0017495431748378,-115.68888888888888,1.5963960472776597,7.4626865671641521E-3,2.2222222222222275E-2,null,null,0.64391734575087323,-0.44144463131804912,-3.1164817749603806,-1.0215649569449645]
["Net (loss) income",null,0.68947906067759868,2.9970091447065483E-2,0.20260859985603694,0.49758298344788465,-0.51162799452871321,0.14679616038667065,-2.9604028110756953,0.59970205099087703,-1.2439152317945827,-3.4294920422709714,-0.21806377815219533,null,null,-0.14098035248783358,0.90525235311440533,3.0184542713054432,-6.8506362777872587E-2]

{"sheet":"Limitations and Assumptions","index":1,"n_rows":18,"n_cols":1,"rows_kept":18,"cut":false,"hidden":false,"merged":[]}
[]
["Limitations"]
["* Interest rate regulation impact analysis is retroactive and relies on assumptions about market responses to changes in the interest rate ceiling."]
["* These assumptions include:"]
["* Demand is price inelastic - meaning a decrease or increase in the interest rate charge will not significantly shift the amount of money borrowed. "]
["* Total cost of business would have remained relatively the same regardless of interest rate ceilings. In reality both Money Mart and Cash Store Financial would have likely adjusted operations if revenue decreased."]
["* The financial data listed for both companies is based on national operations, so conclusions and insight into provincial operations and store level operations is limited."]
["* For simplicity we have only included one input for weighting each provincial market as a portion of company revenue. In reality market share of each province varies for the two companies - see 'Store Growth' tab for more detail."]
["* New Brunswick does not currently enforce a interest rate ceiling, but we have used the rate Money Mart charges in that provinces for this model ($21 dollar per $100)."]
["* Newfoundland does not have a provincially regulated interest rate ceiling on payday loans, but the industry continues to operate there. For the sake of this model we have set NFLD's interest rate ceiling at an arbitrary 25%."]
["Notes"]
["* Default provicial market share weights are based on estimates of total payday lending outlets in each province and the knowledge that Money Mart does not offer payday loans in PEI and NFLD currently"]
["* The Cash Store Financial Changed their annual reporting period in 2010. As a result 2010 numbers are based on a 15 month period - any year to year comparison must take this into account."]
["* Financial data for Cash Store Financial is available prior to 2009 but has not be included because of the includision of the companies rental division operations. Starting in 2009 the rental division was reported as a separate entity."]
["* Financial data for Cash Store Financial from 2010-2013 also includes UK operations. However, size of UK operations is minimal. UK operations account for 5.7% of total revenues in 2013, 5.8% of total revenues in 2012, and 1.3% of total revenues in 2011."]
["* Retention Payments (a line item on Cash Store's income statements) are payments made to third party lenders for losses on loans the Cash Store brokered. "]
["* Money Mart does not offer payday loan services in PEI and NFLD. Prior to it's collapse The Cash Store Financial offered payday loan services in all provinces."]
["* Provincial payday lending regulation began to take effect in 2009. This is likely one of the major factors leading to a decline in consumer lending revenue and stores for Money Mart between 2008 and 2009."]

{"sheet":"Store Growth","index":2,"n_rows":42,"n_cols":15,"rows_kept":42,"cut":false,"hidden":false,"merged":[]}
[]
["Money Mart "]
["Stores",2000,2001,2002,2003,2004,2005,2006,2007,2008,2009,2010,2011,2012,2013]
["Company Operated",139,157,167,181,194,214,242,360,419,399,403,455,474,479]
["Franchised",81,86,87,109,117,129,128,54,61,62,62,22,14,10]
["Total",{"$f":"SUM(B4:B5)","v":220},{"$f":"SUM(C4:C5)","v":243},254,290,311,343,370,414,480,461,465,477,488,489]
["Growth Rates"]
["Company Operated",null,{"$f":"(C4-B4)/B4","v":0.12949640287769784},{"$f":"(D4-C4)/C4","v":6.3694267515923567E-2},8.3832335329341312E-2,{"$f":"(F4-E4)/E4","v":7.18232044198895E-2},0.10309278350515463,0.13084112149532709,0.48760330578512395,0.16388888888888889,-4.77326968973747E-2,1.0025062656641603E-2,0.12903225806451613,4.1758241758241756E-2,1.0548523206751054E-2]
["Franchised",null,{"$f":"(C5-B5)/B5","v":6.1728395061728392E-2},1.1627906976744186E-2,0.25287356321839083,7.3394495412844041E-2,0.10256410256410256,-7.7519379844961239E-3,-0.578125,0.12962962962962962,1.6393442622950821E-2,0,-0.64516129032258063,-0.36363636363636365,-0.2857142857142857]
["Total",null,0.10454545454545454,4.5267489711934158E-2,0.14173228346456693,7.2413793103448282E-2,0.10289389067524116,7.8717201166180764E-2,0.11891891891891893,0.15942028985507245,{"$f":"(K6-J6)/J6","v":-3.9583333333333331E-2},8.6767895878524948E-3,2.5806451612903226E-2,2.3060796645702306E-2,2.0491803278688526E-3]
[]
["Cash Store Financial"]
[null,2000,2001,2002,2003,2004,2005,2006,2007,2008,2009,2010,2011,2012,2013]
["Stores",0,6,19,57,108,277,338,358,384,424,542,574,{"$f":"536-25","v":511},{"$f":"537-27","v":510}]
["Growth",null,null,{"$f":"(D14-C14)/C14","v":2.1666666666666665},{"$f":"(E14-D14)/D14","v":2},0.89473684210526316,1.5648148148148149,0.22021660649819494,5.9171597633136092E-2,7.2625698324022353E-2,0.10416666666666667,0.27830188679245282,5.9040590405904057E-2,-0.10975609756097561,-1.9569471624266144E-3]
["*does not include rental-division stores"]
[]
["ON",null,null,null,null,null,77,109,114,122,134,187,200,178,174]
["BC",null,null,null,null,null,50,60,64,68,86,104,110,96,97]
["AB",null,null,null,null,null,91,100,107,104,113,130,131,121,122]
["SK",null,null,null,null,null,13,16,17,16,17,35,36,34,34]
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["NS",null,null,null,null,null,12,12,12,15,17,22,27,25,25]
["NB",null,null,null,null,null,11,11,11,13,12,12,15,14,14]
["PEI",null,null,null,null,null,2,3,3,3,3,4,4,3,3]
["NFLD",null,null,null,null,null,2,6,6,10,10,13,14,13,13]
["NWT",null,null,null,null,null,1,1,1,1,1,2,2,2,2]
["Yukon",null,null,null,null,null,1,1,1,1,1,1,1,1,1]
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[]
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["AB",null,null,null,null,null,{"$f":"G20/G$29","v":0.32851985559566788},0.29585798816568049,0.2988826815642458,0.27083333333333331,0.26650943396226418,0.23985239852398524,0.22822299651567945,0.23679060665362034,0.23921568627450981]
["SK",null,null,null,null,null,{"$f":"G21/G$29","v":4.6931407942238268E-2},4.7337278106508875E-2,4.7486033519553071E-2,4.1666666666666664E-2,4.0094339622641507E-2,6.4575645756457564E-2,6.2717770034843204E-2,6.6536203522504889E-2,6.6666666666666666E-2]
["MB",null,null,null,null,null,{"$f":"G22/G$29","v":6.1371841155234655E-2},5.6213017751479293E-2,6.1452513966480445E-2,8.0729166666666671E-2,7.0754716981132074E-2,5.9040590405904057E-2,5.9233449477351915E-2,4.6966731898238745E-2,4.9019607843137254E-2]
["NS",null,null,null,null,null,{"$f":"G23/G$29","v":4.3321299638989168E-2},3.5502958579881658E-2,3.3519553072625698E-2,3.90625E-2,4.0094339622641507E-2,4.0590405904059039E-2,4.7038327526132406E-2,4.8923679060665359E-2,4.9019607843137254E-2]
["NB",null,null,null,null,null,{"$f":"G24/G$29","v":3.9711191335740074E-2},3.2544378698224852E-2,3.0726256983240222E-2,3.3854166666666664E-2,2.8301886792452831E-2,2.2140221402214021E-2,2.6132404181184669E-2,2.7397260273972601E-2,2.7450980392156862E-2]
["PEI",null,null,null,null,null,{"$f":"G25/G$29","v":7.2202166064981952E-3},8.8757396449704144E-3,8.3798882681564244E-3,7.8125E-3,7.0754716981132077E-3,7.3800738007380072E-3,6.9686411149825784E-3,5.8708414872798431E-3,5.8823529411764705E-3]
["NFLD",null,null,null,null,null,{"$f":"G26/G$29","v":7.2202166064981952E-3},1.7751479289940829E-2,1.6759776536312849E-2,2.6041666666666668E-2,2.358490566037736E-2,2.3985239852398525E-2,2.4390243902439025E-2,2.5440313111545987E-2,2.5490196078431372E-2]
["NWT",null,null,null,null,null,{"$f":"G27/G$29","v":3.6101083032490976E-3},2.9585798816568047E-3,2.7932960893854749E-3,2.6041666666666665E-3,2.3584905660377358E-3,3.6900369003690036E-3,3.4843205574912892E-3,3.9138943248532287E-3,3.9215686274509803E-3]
["Yukon",null,null,null,null,null,{"$f":"G28/G$29","v":3.6101083032490976E-3},2.9585798816568047E-3,2.7932960893854749E-3,2.6041666666666665E-3,2.3584905660377358E-3,1.8450184501845018E-3,1.7421602787456446E-3,1.9569471624266144E-3,1.9607843137254902E-3]
["Total",null,null,null,null,null,{"$f":"SUM(G31:G41)","v":1},{"$f":"SUM(H31:H41)","v":1},{"$f":"SUM(I31:I41)","v":1},{"$f":"SUM(J31:J41)","v":0.99999999999999978},{"$f":"SUM(K31:K41)","v":1.0000000000000002},{"$f":"SUM(L31:L41)","v":0.99999999999999989},{"$f":"SUM(M31:M41)","v":1.0000000000000002},{"$f":"SUM(N31:N41)","v":1},{"$f":"SUM(O31:O41)","v":1.0000000000000002}]