Consolidated Statements of Changes in Equity
| Attributable to equity holders | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| ($Cdn thousands) | Share capital |
Contributed surplus |
Retained earnings |
Foreign currency translation |
Cash flow hedges |
Available-for-sale assets | Total | Non- controlling interest |
Total equity |
| See accompanying notes to consolidated financial statements. | |||||||||
| Balance at January 1, 2014 | $1,854,671 | $186,382 | $3,314,049 | $(7,165) | $300 | $28 | $5,348,265 | $1,129 | $5,349,394 |
| Net earnings | — | — | 185,234 | — | — | — | 185,234 | (1,821) | 183,413 |
| Other comprehensive income | — | — | (7,952) | 58,832 | (300) | (611) | 49,969 | 58 | 50,027 |
| Total comprehensive income for the year | — | — | 177,282 | 58,832 | (300) | (611) | 235,203 | (1,763) | 233,440 |
| Share-based compensation | — | 15,808 | — | — | — | — | 15,808 | — | 15,808 |
| Share options exercised | 7,975 | (5,375) | — | — | — | — | 2,600 | — | 2,600 |
| Dividends | — | — | (158,232) | — | — | — | (158,232) | — | (158,232) |
| Transactions with owners – contributed equity | — | — | — | — | — | — | — | 794 | 794 |
| Balance at December 31, 2014 | $1,862,646 | $196,815 | $3,333,099 | $51,667 | $ — | $(583) | $5,443,644 | $160 | $5,443,804 |
| Balance at January 1, 2013 | $1,851,507 | $168,952 | $2,913,134 | $3,699 | $4,092 | $ — | $4,941,384 | $580 | $4,941,964 |
| Net earnings | — | — | 318,495 | — | — | — | 318,495 | (808) | 317,687 |
| Other comprehensive loss | — | — | 241,785 | (10,864) | (3,792) | 28 | 227,157 | 72 | 227,229 |
| Total comprehensive income for the year | — | — | 560,280 | (10,864) | (3,792) | 28 | 545,652 | (736) | 544,916 |
| Share-based compensation | — | 19,008 | — | — | — | — | 19,008 | – | 19,008 |
| Share options exercised | 3,164 | (1,578) | — | — | — | — | 1,586 | — | 1,586 |
| Dividends | — | — | (158,177) | — | — | — | (158,177) | — | (158,177) |
| Acquisition of non-controlling interest in subsidiary | — | — | — | — | — | — | — | 97 | 97 |
| Change in ownership interest in subsidiary | — | — | (1,188) | — | — | — | (1,188) | 1,188 | — |
| Balance at December 31, 2013 | $1,854,671 | $186,382 | $3,314,049 | $(7,165) | $300 | $28 | $5,348,265 | $1,129 | $5,349,394 |