|
|
(MILLIONS OF U.S. DOLLARS,
EXCEPT PER SHARE AMOUNTS AND RATIOS) |
 |
 |
 |
|
| Revenue |
$3,949 |
$3,091 |
$3,194 |
Net loss to common shareholders
before unusual items (1) |
$(118) |
$(148) |
$(161) |
| Net loss to common shareholders(1) |
$(1) |
$(112) |
$(161) |
Loss per common share
before unusual items(1)(2)
|
|
|
|
| Basic and diluted |
$(1.36) |
$(1.72) |
$(1.88) |
Loss per common share
after unusual items(1)(2)
|
|
|
|
| Basic and diluted |
$(0.02) |
$(1.30) |
$(1.88) |
| Cash from operations |
$15 |
$359 |
$278 |
Plant, property and
equipment additions |
$130 |
$71 |
$168 |
| Total assets |
$4,413 |
$4,154 |
$4,359 |
| Net debt to total capitalization |
32.0% |
43.5% |
48.4% |
| Loss on average common equity(3) |
(9.8)% |
(14.5)% |
(13.2)% |
| Closing share price |
|
|
|
| —NYSE ($U.S.) |
$26.95 |
$18.30 |
$19.27 |
| —TSX ($Cdn) |
$35.04 |
$28.89 |
$30.75 |
|
(1) Unusual items contributed positively and were $117 million in 2003, $36 million in 2002, $nil in
2001 (see page 41 for a complete listing).
(2) 87 million weighted-average common shares outstanding in 2003; 86 million in 2002; 85
million in 2001.
(3) Net loss to common shareholders before unusual items divided by average common equity
(excluding preferred securities and retractable preferred shares).
|
|
|
| THREE MONTHS ENDED (UNAUDITED; MILLIONS OF U.S. DOLLARS, EXCEPT PER SHARE AMOUNTS) |
|
|
 |
 |
|
 |
 |
 |
 |
 |
 |
 |
 |
|
| Revenue |
$977 |
964 |
967 |
1,041 |
$662 |
777 |
806 |
846 |
| Operating income (loss) |
$14 |
(36) |
(56) |
3 |
$(53) |
1 |
(1) |
(18) |
| Net income (loss) |
$12 |
82 |
(58) |
(8) |
$(23) |
(14) |
(5) |
(39) |
Net income (loss)
per share |
|
|
|
|
|
|
|
|
| —Basic |
$0.05 |
0.86 |
(0.75) |
(0.18) |
$(0.35) |
(0.25) |
(0.14) |
(0.56) |
| —Diluted |
$0.05 |
0.79 |
(0.75) |
(0.18) |
$(0.35) |
(0.25) |
(0.14) |
(0.56) |
Weighted-average
common shares
outstanding (millions) |
|
|
|
|
|
|
|
|
| —Basic |
86.7 |
86.8 |
86.8 |
87.0 |
86.0 |
86.3 |
86.4 |
86.5 |
| —Diluted |
87.4 |
96.0 |
86.8 |
87.0 |
86.0 |
86.3 |
86.4 |
86.5 |
|
