Annual Report 2013-2014

LCBO_AR13-14-english

 

20 Years of Growing Dividends for Ontario

Two decades ago, LCBO’s dividend transfer to the Ontario government was $630 million. In fiscal 2013–14, LCBO transferred a new, record dividend of $1.74 billion.

This latest transfer marks the LCBO’s twentieth consecutive dividend increase to the province. Adding up each dividend transfer over this 20-year period equals a total of $22.5 billion. 

These revenues help pay for important public services, such as health care and education, benefitting all Ontario residents.

View the Online Annual Report (PDF)


Highlights

Product category sales increase

  • LCBO continued to successfully support the domestic industry. Overall, Ontario wine sales rose 4.1 per cent to $395.9 million. While VQA sales gained 2.1 per cent. The VINTAGES VQA category exhibited growth of 9.5 per cent, demonstrating consumers are interested in drinking higher-quality Ontario wine products. Sales of International Canadian Blends (ICB) rose 6.4 per cent. Ontario craft beer sales led all beer segments again, with sales growth of 27 per cent.

  • Wine sales were $1.334 billion, an increase of $31.1 million (2.4 per cent).

  • Spirits sales were $1.967 billion, an increase of $18 million (0.9 per cent).

  • Beer & Cider sales were $996.4 million, an increase of $40.2 million (4.2 per cent).

  • VINTAGES sales were $439.9 million, an increase of $9.3 million (2.2 per cent).

Corporate Social Responsibility

  • Retail staff challenged 11.4 million people who appeared underage, intoxicated, or were suspected of purchasing for a minor or an intoxicated person. More than 414,600 were refused service; 86.9 per cent of refusals were for reasons of age.

  • We maintained a waste diversion rate of 93 per cent for the containers LCBO sells when the Ontario Deposit Return Program and municipal Blue Box programs are combined. Since the program’s inception, more than 2 billion containers have been recycled, equivalent to more than 758,000 tonnes of glass, plastic and metal containers.

  • LCBO’s Quality Assurance laboratory performed more than 508,000 tests to ensure the products available on our store shelves are safe.

  • Thanks to the generosity of our customers and employees, we raised a new record total of $8.2 million for worthy causes. Also setting a new record was our December Giving Back In Our Community campaign, which raised more than $4.0 million for MADD Canada and four children’s hospitals serving Ontario.

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