Here's the remainder of that headline: >> TORONTO, Feb. 16, 2023 /CNW/ - 407 International Inc. (the "Company") announced today revenues of $1,327.2 million fo

Here's the remainder of that headline: >> TORONTO, Feb. 16, 2023 /CNW/ - 407 International Inc. (the "Company") announced today revenues of $1,327.2 million for 2022, compared to $1,023.1 million for 2021. The Company reported net income of $435.3 million for 2022, compared to a net income of $212.4 million for 2021. Earnings before interest and other, taxes, depreciation and amortization ("EBITDA"1) totalled $1,138.8 million for 2022 compared to $859.0 million for 2021. Per https://www.bankofcanada.ca/rates/related/inflation-calculator/ https://www.bankofcanada.ca/rates/related/inflation-calculat..., $3.1 billion in 1999 is about $5.26 billion today. So, in 2022 the consortium had an income of about 8.5% of what they paid. Not nearly as good as your numbers imply. The consortium is making back what they paid every 10-15 years, so over a 99 year lease they'll make something like a 600%-700% return on their investment. That's not great. And they shoulder the risk of collapsing toll revenue.