2012 Consolidated Financial Results
Starting in the first quarter of 2013, IFRS 11 – Joint Arrangements requires that we account for our interest in Bruce Power Limited Partnership (BPLP) using equity accounting. We will recast our quarterly results for 2012 for comparative purposes.
For the purposes of this report, our interest in BPLP is presented in accordance with the proportionate consolidation method.
| Highlights December 31 ($ millions except where indicated) |
2012 | 2011 | 2010 | Change From 2011 To 2012 |
|---|---|---|---|---|
| Revenue | 2,321 | 2,384 | 2,124 | (3)% |
| Gross profit | 723 | 776 | 772 | (7)% |
| Net earnings attributable to equity holders | 266 | 450 | 516 | (41)% |
| $ per common share (basic) | 0.67 | 1.14 | 1.31 | (41)% |
| $ per common share (diluted) | 0.67 | 1.14 | 1.31 | (41)% |
| Adjusted net earnings (non-IFRS) | 447 | 509 | 497 | (12)% |
| $ per common share (adjusted and diluted) | 1.13 | 1.29 | 1.26 | (12)% |
| Cash provided by operations (after working capital changes) | 644 | 745 | 530 | (14)% |