News Column

ClubLink Enterprises Limited Announces First Quarter 2013 Results and Eligible Dividend

May 10 2013 12:00AM

Marketwire

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KING CITY, ONTARIO -- (Marketwired) -- 05/10/13 -- ClubLink Enterprises Limited (TSX: CLK) -

Consolidated Financial Highlights

----------------------------------------------------------------------------(in thousands of dollars except per share amounts)     Three months ended                                                    ------------------------                                                     March 31,    March 31,                                                          2013         2012----------------------------------------------------------------------------Operating revenue                                       22,049       23,174----------------------------------------------------------------------------Net operating income(1)                                  3,576        3,822----------------------------------------------------------------------------Net membership fee income(1)                             3,561        3,683----------------------------------------------------------------------------Earnings before other items and income taxes(1)          7,137        7,505----------------------------------------------------------------------------Net loss                                                (3,105)      (2,395)----------------------------------------------------------------------------Basic and diluted loss per share                         (0.12)       (0.09)----------------------------------------------------------------------------Cash deficiency from operations(1)                      (1,131)        (629)----------------------------------------------------------------------------Basic and diluted cash deficiency from operations per share(1)                                            (0.04)       (0.02)----------------------------------------------------------------------------Weighted average shares outstanding (000's)             26,081       26,970----------------------------------------------------------------------------


Operating Data

----------------------------------------------------------------------------                                                       Three months ended                                                   -------------------------                                                     March 31,     March 31,                                                          2013          2012----------------------------------------------------------------------------ClubLink One Membership More Golf----------------------------------------------------------------------------Championship rounds - Canada                               Nil         7,000----------------------------------------------------------------------------18-hole equivalent championship golf courses - Canada                                                   41.5          41.5----------------------------------------------------------------------------Championship rounds - U.S.                             127,000       124,000----------------------------------------------------------------------------18-hole equivalent championship golf courses - U.S.       11.0          12.0----------------------------------------------------------------------------White Pass and Yukon Route----------------------------------------------------------------------------Rail passengers                                            Nil           Nil----------------------------------------------------------------------------Port passengers from cruise ships                          Nil           Nil----------------------------------------------------------------------------Cruise ship dockings                                       Nil           Nil----------------------------------------------------------------------------

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