Cameco Corporation
Highlights
(Unaudited)
| Three Months Ended | ||||
| March 31/03 | March 31/02 | |||
| Financial (in millions) | ||||
| Revenue | $103 | $124 | ||
| Earnings from operations | 9 | 11 | ||
| Net earnings attributable to common shares | 37 | 5 | ||
| Cash provided by operations | 56 | 134 | ||
| Working capital (end of period) | 446 | 396 | ||
| Net debt to capitalization | 19% | 10% | ||
| Per common share | ||||
| Net earnings | $0.66 | $0.09 | ||
| Cash provided by operations | 1.00 | 2.42 | ||
| Dividend | 0.15 | 0.125 | ||
| Weighted average number of paid common | ||||
| shares outstanding (in thousands) | 55,882 | 55,603 | ||
| Average uranium spot price for the period (US$/lb) | $10.13 | $9.79 | ||
| Sales volumes | ||||
| Uranium (in thousands lbs U3O8) | 3,052 | 4,644 | ||
| Uranium conversion (tU) | 2,128 | 3,191 | ||
| Gold (troy ounces) | 54,126 | 55,558 | ||
| Note: Currency amounts are expressed in Canadian dollars unless stated otherwise. | ||||