Annual Report
2016
“2016 was a year of tremendous challenges and change at Cameco. Despite the uranium spot price hitting a 12-year low, our core uranium business outperformed the market.” Tim Gitzel, Cameco's President and CEO
Uranium($Cdn/lb)
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    • Annual Revenue

      ($ millions)
      2016 2015 2014
      2431 2754 2398

    • Gross Profit

      ($ millions)
      2016 2015 2014
      463 697 638

    • Uranium Revenue

      ($ millions)
      2016 2015 2014
      1718 1866 1777

    • Capital Expenditures

      ($ millions)
      2015 Actual 2016 Actual 2017 Outlook 2017 Outlook Range
      359 217 190 0

    • Direct Administration Costs

      ($ millions)
      2015 Actual 2016 Actual 2017 Outlook 2017 Outlook Range
      187 195 150 10
    • 2015 Actual
    • 2016 Actual
    • 2017 Outlook
    • (2017 Outlook Range)

    The information regarding currently expected capital expenditures for future periods is forward-looking information, and is based upon the assumptions and subject to the material risks discussed in our annual and quarterly MD&A. Our actual capital expenditures for future periods may be significantly different.

    • Exploration
      Costs

      ($ millions)
      2015 Actual 2016 Actual 2017 Outlook 2017 Outlook Range
      40 43 30 0

    • Uranium Average Unit Cost of
      Sales - including D&A

      ($Cdn/lb)
      2015 Actual 2016 Actual 2017 Outlook 2017 Outlook Range
      38.83 40.39 36.3 1.7
    • 2015 Actual
    • 2016 Actual
    • 2017 Outlook
    • (2017 Outlook Range)
  1. Financial
    Results
  2. Expected Impact of
    Cost-Cutting Measures

  3. Expected Impact of
    Cost-Cutting Measures