Bombardier Reports the Impact of the Adoption of International Financial Reporting Standards (IFRS) for its Third Quarter ended October 31, 2010

Bombardier today announced the release of its restated results under IFRS for the third quarter ended October 31, 2010.

On January 19, 2011, Bombardier held an information session to explain the impacts the adoption of IFRS will have on the corporation’s results. On this occasion, the company released its opening statement of financial position as at February 1, 2010, as well as its first and second quarter results of fiscal year 2010-11 (year ended January 31, 2011), based on IFRS.

As previously announced, Bombardier will be reporting its first full set of consolidated financial statements prepared under IFRS for fiscal year 2011-12, starting with the first quarter to be published on June 1, 2011.

All restated figures are available at www.bombardier.com and at www.sedar.com.

Source: BOMBARDIER