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Highlights

   
Three Months Ended
Six months Ended
   
June 30/97
 
June 30/96
 
June 30/97
 
June 30/96

Financial (In millions) (Unaudited)                
Revenue   $162   $174   $276   $281
Earnings from operations   46   47   73   70
Net earnings   28   46   42   68
Cash from operations   15   46   1   39
Working capital (end of period)           186   293
Capital employed (end of period)           1,880   1,640
Long-term debt (% of capital employed)           16.1%   12.7%
                 
Per common share                
Net earnings   $0.53   $0.86   $0.80   $1.28
Cash from operations   0.28   0.87   0.01   0.73
Dividend   0.125   0.125   0.25   0.25
Weighted average number of paid common shares outstanding ('000s)   53,093   52,839   53,063   52,728
Average uranium spot price for the period (US$/lb)   $11.51   $16.34   $12.64   $15.42
Note: Currency amounts are expressed in Canadian dollars unless stated otherwise.