DLFC also contacts Fleet Management at Rockhill, Inc.
In addition, she requests DLFC to provide its input on the matter.
The results of the analyst's research and the opinion provided by a Vice President of DLFC on the specific leasing arrangement proposed by Rockhill can be summarized as follows.
Rousseau said, adding that over the years the Mouvement Desjardins and the DLFC
have proven themselves to be excellent shareholders and partners.
Interest and other expenses incurred on behalf of DLFC and its operating companies, but not allocated to the activity sectors, totalled $7.
The Board of Directors of DLFC, at its meeting of August 20, 1996, declared a quarterly dividend of $0.
Since DLFC was created, barely 24 months ago, we have made major progress in many areas", declared Humberto Santos, DLFC's President and Chief Executive Officer.
2 million take into account interest and other expenses incurred on behalf of DLFC and its operating companies but which are not allocated to the various segments.
LGC was acquired by DLFC through an exchange bid completed at the end of 1993.
Following this reorganization, DLFC directly holds these interest in the Bank and in DLLG.
DLFC wishes to stress that these special charges will not have a significant impact on its consolidated operating results, both for the fourth quarter and fiscal 1994, since the value of its investment in Laurentian Bank, acquired on January 1, 1994, takes these items into account.
As a result of these measures, we believe that future return on equity for Laurentian Bank will, from now on, be measured in line with that of the Canadian Banking industry," declared Humberto Santos, President and Chief Executive Officer of DLFC.