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Consolidated Statements of Earnings
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For the years ended December 31,
(in thousands of Canadian dollars, except per unit information) |
|
| |
2006 |
2005 |
|
| Revenues |
$1,384,956 |
$922,945 |
| Operating costs |
638,201 |
382,329 |
|
Income from operations before depreciation and
amortization, restructuring and special charges
and impairment of intangibles |
746,755 |
540,616 |
| Depreciation and amortization (Notes 4 and 6) |
172,240 |
228,071 |
| Restructuring and special charges (Note 22) |
- |
8,363 |
| Impairment of intangible assets (Note 6) |
8,000 |
- |
|
| Income from operations |
566,515 |
304,182 |
| Financial charges, net (Note 20) |
134,306 |
100,284 |
|
| Earnings before income taxes |
432,209 |
203,898 |
| Provision for (recovery of) income taxes (Note 12) |
276 |
(37,935) |
|
| Net earnings |
$431,933 |
$241,833 |
|
| Basic earnings per unit |
$0.85 |
$0.55 |
Weighted average number of
units outstanding used in
computing earnings per unit (Note 16) |
510,219,535 |
421,086,434 |
| Diluted earnings per unit |
$0.84 |
$0.54 |
Weighted average number of
units outstanding used in
computing diluted earnings per unit (Note 16) |
523,976,992 |
440,647,209 |
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The accompanying notes are an integral part of these consolidated financial statements.
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