Highlights
Financial results for 2004 have been restated. The non-cash adjustments primarily affect net earnings and earnings per share. For a full description of the changes see Cameco's fourth quarter results.
Cameco Corporation
Highlights
(Unaudited)
| |
(Restated) |
(Restated) |
| |
Three
Months Ended |
Six
Months Ended |
| |
June
30/04 |
June
30/03 |
June
30/04 |
June
30/03 |
 |
| |
|
| Financial
(in millions) |
|
| |
Revenue |
$242 |
$220 |
$375 |
$323 |
| |
Earnings
from operations |
40 |
10 |
49 |
15 |
| |
Net
earnings |
65 |
104 |
105 |
141 |
| |
Cash
provided by operations |
(19) |
33 |
30 |
84 |
| |
Working
capital (end of period) |
585 |
423 |
| |
Net
debt to capitalization |
19% |
26% |
| |
|
| Per
common share |
|
| |
Net
earnings |
-
Basic |
$1.15 |
$1.87 |
$1.84 |
$2.53 |
| |
- Diluted |
1.10 |
1.86 |
1.78 |
2.51 |
| |
Dividend |
0.15 |
0.15 |
0.30 |
0.30 |
| |
|
| |
Weighted
average number of paid common |
|
| |
shares
outstanding (in thousands) |
56,984 |
55,980 |
56,881 |
55,931 |
| |
|
| Average
uranium spot price for the period (US$/lb) |
$17.99 |
$10.89 |
$17.27 |
$10.51 |
| |
|
| Sales
volumes |
|
| |
Uranium
(in thousands lbs U3O8) |
7,519 |
9,886 |
12,105 |
12,938 |
| |
Uranium
conversion (tU) |
4,354 |
4,716 |
7,167 |
6,844 |
| |
Gold
(troy ounces) |
127,997 |
40,969 |
197,160 |
95,095 |
| |
Electricity
(TWh) |
3.0 |
1.7 |
5.5 |
3.3 |
| |
|
| Note:
Currency amounts are expressed in Canadian dollars unless stated
otherwise. |
| |
|
|
| |
|
