|
Consolidated Statements of Earnings
(Unaudited)
(In Thousands)
| |
|
(as adjusted - |
|
(as adjusted - |
| |
|
|
|
|
| |
Three Months Ended |
Nine Months Ended |
| |
Sept 30/07 |
Sept 30/06 |
Sept 30/07 |
Sept 30/06 |
 |
| |
| Revenue from |
|
| |
Products and services |
$681,065 |
$360,284 |
$1,815,823 |
$1,319,620 |
|
| |
| Expenses |
|
| |
Products and services sold |
290,448 |
245,011 |
886,649 |
792,788 |
| |
Depreciation, depletion and reclamation |
46,341 |
46,450 |
168,867 |
141,023 |
| |
Administration |
34,566 |
27,406 |
111,896 |
99,201 |
| |
Restructuring of gold business [note 16] |
105,000 |
- |
105,000 |
- |
| |
Stock option plan amendment [note 13] |
94,175 |
- |
94,175 |
- |
| |
Exploration |
20,015 |
18,674 |
49,746 |
43,467 |
| |
Cigar Lake remediation |
4,650 |
- |
23,309 |
- |
| |
Research and development |
931 |
556 |
2,768 |
1,883 |
| |
Interest and other [note 8] |
(19,248) |
1,791 |
(30,354) |
(6,284) |
| |
Loss (gain) on sale of assets [note 9] |
1,792 |
(50,323) |
(3,101) |
(52,284) |
|
| |
578,670 |
289,565 |
1,408,955 |
1,019,794 |
|
| |
| Earnings from operations |
102,395 |
70,719 |
406,868 |
299,826 |
| |
Other income (expense) [note 10] |
(5,550) |
14,703 |
(8,105) |
10,790 |
|
| |
| Earnings before income taxes and minority interest |
96,845 |
85,422 |
398,763 |
310,616 |
| |
Income tax expense (recovery) [note 11] |
7,852 |
4,499 |
31,192 |
(60,303) |
| |
Minority interest |
(2,240) |
8,179 |
12,956 |
35,546 |
|
| Net earnings |
$91,233 |
$72,744 |
$354,615 |
$335,373 |
|
| Basic earnings per common share [note 12] |
$0.26 |
$0.21 |
$1.00 |
$0.96 |
|
| Diluted earnings per common share [note 12] |
$0.25 |
$0.20 |
$0.96 |
$0.91 |
|
| |
|
|
|
|
| See accompanying notes to consolidated financial statements |
|
