Business Review
Business Review
Five-Year Financial Summary
Five-Year Financial Summary
| Dollars are expressed in $Cdn millions except prices and per share amounts. |
2008 | 2007 | 2006 | 2005 | 2004 | ||||||
| commodity market prices (annual average) | |||||||||||
| Uranium (spot price in $US/lbs U3O8) | $ | 61.58 | $ | 99.29 | $ | 49.60 | $ | 28.67 | $ | 18.60 | |
| Conversion (spot price in $US/kgU) | 9.03 | 10.98 | 11.60 | 11.60 | 7.91 | ||||||
| Electricity (spot price in $/megawatt hours) | 48.88 | 47.87 | 46.38 | 68.35 | 49.95 | ||||||
| Gold (market price in $US/ounce) | 872 | 696 | 602 | 445 | 409 | ||||||
| operations | |||||||||||
| Revenue | $ | 2,859.2 | $ | 2,309.7 | $ | 1,831.7 | $ | 1,312.7 | $ | 1,048.5 | |
| Earnings from operations1 | 524.2 | 475.0 | 335.4 | 120.7 | 123.1 | ||||||
| Adjusted net earnings1, 2 | 589.2 | 572.1 | 273.7 | 208.5 | 182.5 | ||||||
| Net earnings1 | 450.1 | 416.1 | 375.7 | 215.5 | 276.5 | ||||||
| EBITDA | 1,019.1 | 638.4 | 502.8 | 455.3 | 544.3 | ||||||
| Cash provided by operations | 708.3 | 800.7 | 418.0 | 277.5 | 228.0 | ||||||
| Capital expenditures | 629.2 | 494.5 | 459.6 | 284.9 | 148.3 | ||||||
| financial position | |||||||||||
| Total assets | $ | 7,010.6 | $ | 5,371.4 | $ | 5,140.4 | $ | 4,772.8 | $ | 4,052.1 | |
| Total debt | 1,313.0 | 725.9 | 704.6 | 858.8 | 518.6 | ||||||
| Shareholders' equity | 3,514.9 | 2,743.9 | 2,741.4 | 2,363.6 | 2,160.5 | ||||||
| financial ratios | |||||||||||
| Current ratio (current assets/current liabilities) | 1.9:1 | 1.9:1 | 2.7:1 | 2.4:1 | 2.9:1 | ||||||
| Return on common shareholders' equity | 14% | 15% | 15% | 10% | 14% | ||||||
| Net debt to capitalization | 23% | 18% | 12% | 9% | 13% | ||||||
| Cash from operations/total net debt | 68% | 135% | 113% | 118% | 69% | ||||||
| common share data ($ per share) | |||||||||||
| Adjusted net earnings | $ | 1.68 | $ | 1.63 | $ | 0.78 | $ | 0.60 | $ | 0.53 | |
| Basic net earnings | 1.29 | 1.18 | 1.07 | 0.62 | 0.81 | ||||||
| Dividends | 0.24 | 0.20 | 0.16 | 0.12 | 0.10 | ||||||
| Book value | 9.61 | 7.97 | 7.78 | 6.76 | 6.24 | ||||||
| TSX Market | – high | 44.38 | 59.90 | 49.95 | 37.50 | 21.13 | |||||
| – low | 14.33 | 35.22 | 35.35 | 18.97 | 9.54 | ||||||
| – close | 21.05 | 39.57 | 47.20 | 36.90 | 20.98 | ||||||
| – annual volume (millions) | 482.71 | 476.22 | 424.91 | 460.09 | 490.04 | ||||||
| Shares outstanding (millions) | |||||||||||
| Weighted average | 350.1 | 351.2 | 351.2 | 347.9 | 342.9 | ||||||
| Year end | 365.7 | 344.4 | 352.3 | 349.6 | 346.1 | ||||||
| production (cameco's share) | |||||||||||
| Uranium production (million lbs U3O8) | 17.0 | 19.8 | 21.0 | 21.2 | 20.5 | ||||||
| Fuel services (million kgU) | 8.3 | 12.9 | 15.4 | 11.4 | 9.5 | ||||||
| production (100% basis) | |||||||||||
| Electricity generation (terawatt hours)3 | 24.7 | 25.3 | 25.8 | 30.8 | 33.6 | ||||||
| Gold production (thousand ounce)4 | 748.9 | 555.4 | 586.4 | 787.3 | 640.8 | ||||||
| Employees (including subsidiaries) | 3,077 | 2,720 | 2,446 | 1,957 | 1,802 | ||||||