2013 Consolidated Financial Results
Starting in the first quarter of 2013, IFRS 11 – Joint Arrangements requires that we account for our interest in BPLP using equity accounting. Our results for 2012 throughout this MD&A have been revised for comparative purposes; however, our results for 2011 have not been revised. See New standards and interpretations not yet adopted for more information.
Highlights December 31 ($ millions except where indicated) |
2013 | 2012 | 20111 | Change From 2012 To 2013 |
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Revenue | 2,439 | 1,891 | 2,384 | 29% |
Gross profit | 607 | 540 | 776 | 12% |
Net earnings attributable to equity holders | 318 | 253 | 450 | 26% |
$ per common share (basic) | 0.81 | 0.64 | 1.14 | 27% |
$ per common share (diluted) | 0.81 | 0.64 | 1.14 | 27% |
Adjusted net earnings (non-IFRS) | 445 | 434 | 509 | 3% |
$ per common share (adjusted and diluted) | 1.12 | 1.10 | 1.29 | 2% |
Cash provided by operations (after working capital changes) | 530 | 579 | 745 | (8)% |