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Mercer International Inc. – ‘10-K’ for 12/31/23 – ‘EX-31.1’

On:  Thursday, 2/15/24, at 4:32pm ET   ·   For:  12/31/23   ·   Accession #:  950170-24-15942   ·   File #:  0-51826

Previous ‘10-K’:  ‘10-K’ on 2/16/23 for 12/31/22   ·   Latest ‘10-K’:  This Filing   ·   13 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/15/24  Mercer International Inc.         10-K       12/31/23  132:21M                                    Donnelley … Solutions/FA

Annual Report   —   Form 10-K   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   4.66M 
 2: EX-10.10    Material Contract                                   HTML    200K 
 3: EX-21.1     Subsidiaries List                                   HTML     43K 
 4: EX-23.1     Consent of Expert or Counsel                        HTML     37K 
 9: EX-97.1     Clawback Policy re: Recovery of Erroneously         HTML     61K 
                Awarded Compensation                                             
 5: EX-31.1     Certification -- §302 - SOA'02                      HTML     41K 
 6: EX-31.2     Certification -- §302 - SOA'02                      HTML     41K 
 7: EX-32.1     Certification -- §906 - SOA'02                      HTML     39K 
 8: EX-32.2     Certification -- §906 - SOA'02                      HTML     39K 
11: R1          Document and Entity Information                     HTML    112K 
12: R2          Consolidated Statements of Operations               HTML    105K 
13: R3          Consolidated Statements of Comprehensive Income     HTML     70K 
                (Loss)                                                           
14: R4          Consolidated Balance Sheets                         HTML    151K 
15: R5          Consolidated Balance Sheets (Parenthetical)         HTML     46K 
16: R6          Consolidated Statements of Changes in               HTML     92K 
                Shareholders' Equity                                             
17: R7          Consolidated Statements of Cash Flows               HTML    149K 
18: R8          The Company and Summary of Significant Accounting   HTML    102K 
                Policies                                                         
19: R9          Acquisitions                                        HTML     81K 
20: R10         Assets and Liabilities Classified as Held for Sale  HTML     59K 
21: R11         Business Interruption Insurance                     HTML     45K 
22: R12         Other Income                                        HTML     54K 
23: R13         Accounts Receivable, Net                            HTML     52K 
24: R14         Inventories                                         HTML     54K 
25: R15         Property, Plant and Equipment, Net                  HTML     67K 
26: R16         Amortizable Intangible Assets, Net                  HTML     96K 
27: R17         Goodwill                                            HTML     55K 
28: R18         Other Long-Term Assets                              HTML     52K 
29: R19         Accounts Payable and Other                          HTML     67K 
30: R20         Debt                                                HTML    140K 
31: R21         Pension and Other Post-Retirement Benefit           HTML    376K 
                Obligations                                                      
32: R22         Income Taxes                                        HTML    204K 
33: R23         Shareholders' Equity                                HTML    129K 
34: R24         Net Income (Loss) Per Common Share                  HTML    102K 
35: R25         Accumulated Other Comprehensive Loss                HTML     90K 
36: R26         Related Party Transactions                          HTML     58K 
37: R27         Segment Information                                 HTML    368K 
38: R28         Financial Instruments and Fair Value Measurement    HTML     87K 
39: R29         Lease Commitments                                   HTML    160K 
40: R30         Commitments and Contingencies                       HTML     53K 
41: R31         The Company and Summary of Significant Accounting   HTML    166K 
                Policies (Policies)                                              
42: R32         Acquisitions (Tables)                               HTML     75K 
43: R33         Assets and Liabilities Classified as Held for Sale  HTML     60K 
                (Tables)                                                         
44: R34         Other Income (Tables)                               HTML     53K 
45: R35         Accounts Receivable, Net (Tables)                   HTML     51K 
46: R36         Inventories (Tables)                                HTML     52K 
47: R37         Property, Plant and Equipment, Net (Tables)         HTML     60K 
48: R38         Amortizable Intangible Assets, Net (Tables)         HTML     97K 
49: R39         Goodwill (Tables)                                   HTML     56K 
50: R40         Other Long-Term Assets (Tables)                     HTML     51K 
51: R41         Accounts Payable and Other (Tables)                 HTML     67K 
52: R42         Debt (Tables)                                       HTML    152K 
53: R43         Pension And Other Post-Retirement Benefit           HTML    372K 
                Obligations (Tables)                                             
54: R44         Income Taxes (Tables)                               HTML    201K 
55: R45         Shareholders' Equity (Tables)                       HTML    120K 
56: R46         Net Income (Loss) Per Common Share (Tables)         HTML    103K 
57: R47         Accumulated Other Comprehensive Loss (Tables)       HTML     88K 
58: R48         Segment Information (Tables)                        HTML    359K 
59: R49         Financial Instruments and Fair Value Measurement    HTML     80K 
                (Tables)                                                         
60: R50         Lease Commitments (Tables)                          HTML    163K 
61: R51         Commitments and Contingencies (Tables)              HTML     49K 
62: R52         The Company and Summary of Significant Accounting   HTML     62K 
                Policies - Additional Information (Details)                      
63: R53         Acquisitions - Additional Information (Details)     HTML     81K 
64: R54         Acquisitions - Summary of Preliminary Allocation    HTML     74K 
                of Purchase Price to Estimated Fair Value of                     
                Assets Acquired and Liabilities Assumed (Details)                
65: R55         Acquisitions - Summary of Preliminary Allocation    HTML     49K 
                of Purchase Price to Estimated Fair Value of                     
                Assets Acquired and Liabilities Assumed                          
                (Parenthetical) (Details)                                        
66: R56         Acquisitions - Schedule of Unaudited Pro Forma      HTML     43K 
                Information (Details)                                            
67: R57         Assets and Liabilities Classified as Held for Sale  HTML     46K 
                - Additional Information (Details)                               
68: R58         Assets and Liabilities Classified as Held for Sale  HTML     72K 
                - Schedule of Major Classes of Assets and                        
                Liabilities Held For Sale (Details)                              
69: R59         Business Interruption Insurance - Additional        HTML     51K 
                Information (Details)                                            
70: R60         Other Income - Schedule of Other Income (Details)   HTML     44K 
71: R61         Accounts Receivable, Net - Schedule of Accounts     HTML     45K 
                Receivable Net (Details)                                         
72: R62         Accounts Receivable, Net - Schedule of Accounts     HTML     41K 
                Receivable Net (Parenthetical) (Details)                         
73: R63         Inventories - Components of Inventories (Details)   HTML     46K 
74: R64         Inventories - Additional Information (Details)      HTML     45K 
75: R65         Property, Plant and Equipment, Net - Schedule of    HTML     60K 
                Property, Plant and Equipment, Net (Details)                     
76: R66         Property, Plant and Equipment, Net - Additional     HTML     44K 
                Information (Details)                                            
77: R67         Amortizable Intangible Assets, Net - Schedule of    HTML     62K 
                Amortizable Intangible Assets Net (Details)                      
78: R68         Amortizable Intangible Assets, Net - Additional     HTML     39K 
                Information (Details)                                            
79: R69         Amortizable Intangible Assets, Net - Schedule of    HTML     48K 
                Amortization Expense Related to Intangible Assets                
                (Details)                                                        
80: R70         Goodwill - Schedule of Goodwill (Details)           HTML     47K 
81: R71         Goodwill - Additional Information (Details)         HTML     39K 
82: R72         Other Long-Term Assets - Schedule of Other          HTML     44K 
                Long-Term Assets (Details)                                       
83: R73         Accounts Payable and Other - Schedule of Accounts   HTML     60K 
                Payable and Other (Details)                                      
84: R74         Accounts Payable and Other - Schedule of Accounts   HTML     38K 
                Payable and Other (Parenthetical) (Details)                      
85: R75         Debt - Schedule of Debt (Details)                   HTML     69K 
86: R76         Debt - Schedule of Debt (Parenthetical) (Details)   HTML    136K 
87: R77         Debt - Principal Maturities of Debt (Details)       HTML     79K 
88: R78         Debt - Debt Redemption Period for Senior Notes      HTML     61K 
                (Details)                                                        
89: R79         Pension and Other Post-Retirement Benefit           HTML    112K 
                Obligations - Schedule of Net Benefit Costs                      
                (Details)                                                        
90: R80         Pension and Other Post-Retirement Benefit           HTML     61K 
                Obligations - Additional Information (Details)                   
91: R81         Pension and Other Post-Retirement Benefit           HTML     55K 
                Obligations - Estimated Future Benefit Payments                  
                (Details)                                                        
92: R82         Pension and Other Post-Retirement Benefit           HTML     54K 
                Obligations - Summary of Key Assumptions (Details)               
93: R83         Pension and Other Post-Retirement Benefit           HTML     43K 
                Obligations - Schedule of Assumed Health Care Cost               
                Trend Rates (Details)                                            
94: R84         Pension and Other Post-Retirement Benefit           HTML     72K 
                Obligations - Schedule of Defined Benefit Pension                
                Plans' Assets Fair Value Measurements (Details)                  
95: R85         Pension and Other Post-Retirement Benefit           HTML     56K 
                Obligations - Schedule of Change In Level 3 Fair                 
                value Measurements of Plan Assets (Details)                      
96: R86         Pension and Other Post-Retirement Benefit           HTML     50K 
                Obligations - Schedule of Multiemployer Plan                     
                (Details)                                                        
97: R87         Income Taxes - Components of Income (Loss) Income   HTML     46K 
                Taxes (Details)                                                  
98: R88         Income Taxes - Schedule of Income Taxes Recovery    HTML     51K 
                (Provision) Recognized in Consolidated Statements                
                of Operations (Details)                                          
99: R89         Income Taxes - Additional Information (Details)     HTML     54K 
100: R90         Income Taxes - Reconciliation of Effective Tax      HTML     60K  
                Rate (Details)                                                   
101: R91         Income Taxes - Deferred Tax Assets and Liabilities  HTML     76K  
                (Details)                                                        
102: R92         Income Taxes - Summary of Investment Tax Credit     HTML     63K  
                and Other Tax Attributes Carryforwards (Details)                 
103: R93         Income Taxes - Summary of Changes in Valuation      HTML     47K  
                Allowance (Details)                                              
104: R94         Shareholders' Equity - Summary of Dividends         HTML     44K  
                Declared (Details)                                               
105: R95         Shareholders' Equity - Additional Information       HTML    120K  
                (Details)                                                        
106: R96         Shareholders' Equity - Summary of Share Activity -  HTML     61K  
                PSU's (Details)                                                  
107: R97         Shareholders' Equity - Summary of Share Activity -  HTML     77K  
                Restricted Shares (Details)                                      
108: R98         Net Income (Loss) Per Common Share -                HTML     80K  
                Reconciliation of Basic and Diluted Net Income                   
                (Loss) Per Common Share (Details)                                
109: R99         Net Income (Loss) Per Common Share -                HTML     41K  
                Reconciliation of Basic and Diluted Net Income                   
                (Loss) Per Common Share (Parenthetical) (Details)                
110: R100        Net Income (Loss) Per Common Share - Anti-Dilutive  HTML     46K  
                Instruments Excluded from Calculation of Net                     
                Income (Loss) Per Common Share (Details)                         
111: R101        Accumulated Other Comprehensive Loss - Schedule of  HTML     64K  
                Change in Accumulated Other Comprehensive Loss by                
                Components (Details)                                             
112: R102        Accumulated Other Comprehensive Loss - Additional   HTML     43K  
                Information (Details)                                            
113: R103        Related Party Transactions - Additional             HTML     62K  
                Information (Details)                                            
114: R104        Segment Information - Additional Information        HTML     62K  
                (Details)                                                        
115: R105        Segment Information - Schedule of Results by        HTML    139K  
                Segment (Details)                                                
116: R106        Segment Information - Schedule of Results by        HTML     57K  
                Segment (Parenthetical) (Details)                                
117: R107        Segment Information - Schedule Of Reconciliation    HTML     46K  
                to Income (Loss) Before Taxes (Details)                          
118: R108        Segment Information - Schedule Of Long Lived        HTML     49K  
                Assets By Geographic Area (Details)                              
119: R109        Financial Instruments and Fair Value Measurement -  HTML     58K  
                Estimated Fair Values of Outstanding Debt                        
                (Details)                                                        
120: R110        Financial Instruments and Fair Value Measurement -  HTML     48K  
                Additional Information (Details)                                 
121: R111        Lease Commitments - Additional Information          HTML     62K  
                (Details)                                                        
122: R112        Lease Commitments - Components of Lease Expense     HTML     46K  
                (Details)                                                        
123: R113        Lease Commitments - Supplemental Cash Flow          HTML     43K  
                Information Related to Leases (Details)                          
124: R114        Lease Commitments - Other Information Related To    HTML     46K  
                Leases (Details)                                                 
125: R115        Lease Commitments - Supplemental Balance Sheet      HTML     71K  
                Information Related To Leases (Details)                          
126: R116        Lease Commitments - Schedule of Maturities of       HTML     56K  
                Operating Lease Liabilities (Details)                            
127: R117        Commitments and Contingencies - Schedule of         HTML     52K  
                Purchase Obligations Commitments (Details)                       
129: XML         IDEA XML File -- Filing Summary                      XML    258K  
132: XML         XBRL Instance -- merc-20231231_htm                   XML   5.28M  
128: EXCEL       IDEA Workbook of Financial Report Info              XLSX    249K  
10: EX-101.SCH  XBRL Taxonomy Extension Schema With Embedded         XSD   5.35M 
                Linkbases Document -- merc-20231231                              
130: JSON        XBRL Instance as JSON Data -- MetaLinks              755±  1.21M  
131: ZIP         XBRL Zipped Folder -- 0000950170-24-015942-xbrl      Zip   1.50M  


‘EX-31.1’   —   Certification — §302 – SOA’02


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  EX-31.1  

 

Exhibit 31.1

CERTIFICATION OF PERIODIC REPORT

I, Juan Carlos Bueno, certify that:

1.
I have reviewed this annual report on Form 10-K of Mercer International Inc. (the “Registrant”);
2.
Based on my knowledge, this annual report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this annual report;
3.
Based on my knowledge, the financial statements, and other financial information included in this annual report, fairly present in all material respects the financial condition, results of operations and cash flows of the Registrant as of, and for, the periods presented in this annual report;
4.
The Registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the Registrant and have:
a)
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this annual report is being prepared;
b)
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c)
Evaluated the effectiveness of the Registrant’s disclosure controls and procedures and presented in this annual report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this annual report based on such evaluation; and
d)
Disclosed in this annual report any change in the Registrant’s internal control over financial reporting that occurred during the Registrant’s most recent fiscal quarter (the Registrant’s fourth fiscal quarter in the case of this annual report) that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting; and
5.
The Registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the Registrant’s auditors and the audit committee of the Registrant’s board of directors (or persons performing the equivalent functions):
a)
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Registrant’s ability to record, process, summarize and report financial information; and
b)
Any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant’s internal control over financial reporting.

Date: February 15, 2024

 

/s/ JUAN CARLOS BUENO

Juan Carlos Bueno

Chief Executive Officer

 

 



Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing    Date    Other Filings
Filed on:2/15/248-K
For Period end:12/31/23
 List all Filings 


13 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 9/21/23  Mercer International Inc.         8-K:1,2,8,9 9/21/23   12:985K                                   Donnelley … Solutions/FA
 5/04/23  Mercer International Inc.         10-Q        3/31/23   79:13M                                    Donnelley … Solutions/FA
10/27/22  Mercer International Inc.         10-Q        9/30/22   80:15M                                    ActiveDisclosure/FA
 4/18/22  Mercer International Inc.         DEF 14A     5/31/22    1:2.9M                                   Donnelley … Solutions/FA
 3/16/22  Mercer International Inc.         8-K:5,9     3/11/22   12:653K                                   ActiveDisclosure/FA
 2/17/22  Mercer International Inc.         10-K       12/31/21  122:26M                                    ActiveDisclosure/FA
 1/26/21  Mercer International Inc.         8-K:1,2,7,8 1/26/21   13:1.1M                                   Donnelley … Solutions/FA
 2/13/20  Mercer International Inc.         10-K       12/31/19  120:22M                                    ActiveDisclosure/FA
12/20/17  Mercer International Inc.         8-K:1,2,8,912/20/17    4:827K                                   Donnelley … Solutions/FA
 9/29/15  Mercer International Inc.         8-K:5,9     9/29/15    3:348K                                   Donnelley … Solutions/FA
10/03/06  Mercer International Inc.         8-K:1,9    10/02/06    2:71K                                    Sangra Moller
 3/02/06  Mercer International Inc.         8-A12G      3/01/06    4:194K                                   Bowne of Vancouver/FA
 3/31/03  Mercer International Inc.         10-K       12/31/02   13:829K                                   Toppan Merrill-FA
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Filing Submission 0000950170-24-015942   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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