2010 Consolidated Financial Results
In 2009, we sold all of our shares of Centerra.
We have recast our consolidated financial results for 2008 and 2009 for comparison to show the impact of Centerra as a discontinued operation, as required under Canadian GAAP. The change affected a number of financial measures, including revenue, gross profit, administration costs and income tax expense. See note 24 to the financial statements for more information.
| Highlights December 31 ($ millions except per share amounts) |
2010 | 2009 | 2008 | change from 2009 to 2010 |
|---|---|---|---|---|
| Revenue | 2,124 | 2,315 | 2,183 | (8)% |
| Gross profit | 744 | 750 | 829 | (1)% |
| Net earnings | 515 | 1,099 | 450 | (53)% |
| $ per common share (basic) | 1.31 | 2.83 | 1.29 | (54)% |
| $ per common share (diluted) | 1.30 | 2.82 | 1.28 | (54)% |
| Adjusted net earnings (non-GAAP) | 496 | 528 | 525 | (6)% |
| $ per common share (adjusted and diluted) | 1.25 | 1.35 | 1.49 | (7)% |
| Cash provided by operations (after working capital changes) | 507 | 690 | 530 | (27)% |
