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Highlights

Cameco Corporation
Highlights

(Unaudited)

 
  (Restated)   (Restated)  
        Three Months Ended     Years Ended  
        Dec 31/04     Dec 31/03     Dec 31/04     Dec 31/03  
  
Financial (in millions)  
  Revenue $361 $272  $1,048  $827   
  Earnings from operations 46 48  125  75   
  Net earnings 37 34  279  208   
  Cash provided by operations 59 79  228  250   
  Working capital (end of period) 555  480   
  Net debt to capitalization 13% 22%  
   
Per common share  
  Net earnings - Basic $0.21 $0.20  $1.63  $1.24   
    - Diluted 0.21 0.20  1.56  1.22   
  Dividend 0.05 0.05  0.20  0.20   
   
  Weighted average number of paid common  
  shares outstanding (in thousands) 172,727 169,353  171,445  168,359   
   
Average uranium spot price for the period (US$/lb) $20.44 $13.62  $18.60  $11.54   
   
Sales volumes  
  Uranium (in thousands lbs U3O8) 10,642 11,116  32,299  35,412   
  Uranium conversion (tU) 5,354 5,446  16,896  16,747   
  Gold (troy ounces) 204,089 76,466  618,844  234,864   
  Electricity (TWh) 2.4 1.9  10.6  7.2   
   
Note: Currency amounts are expressed in Canadian dollars unless stated otherwise.