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Highlights

Cameco Corporation
Highlights
(Unaudited)

  (as adjusted - note 1(b))
  Three Months Ended
  Mar 31/07     Mar 31/06
 
Financial (in millions)  
  Revenue $409  $542 
  Earnings from operations 49  138 
  Net earnings 59  112 
  Cash provided by operations 139  286 
  Working capital (end of period) 807  877 
  Net debt to capitalization 10% 5%
 
Per common share  
  Net earnings - Basic $0.17  $0.32 
    - Diluted 0.16  0.30 
  Dividend 0.05  0.04 
 
  Weighted average number of paid common  
    shares outstanding (in thousands) 352,401  349,933 
   
Average uranium spot price for the period (US$/lb) $85.00  $38.96 
   
Sales volumes  
  Uranium (in thousands lbs U3O8) 6,275  11,991 
  Fuel services (tU) 2,389  3,332 
  Gold (troy ounces) 128,000  172,000 
  Electricity (TWh) 1.7  2.1 
   
Note: Currency amounts are expressed in Canadian dollars unless stated otherwise.