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Consolidated income statements

Consolidated income statements

 

FOR THE YEAR ENDED DECEMBER 31
(IN MILLIONS OF CANADIAN DOLLARS, EXCEPT SHARE AMOUNTS)
NOTE   2016   2015  

Operating revenues

4   21,719   21,514  

Operating costs

4, 5   (12,931 ) (12,963 )

Severance, acquisition and other costs

4, 6   (135 ) (446 )

Depreciation

4, 13   (2,877 ) (2,890 )

Amortization

4, 14   (631 ) (530 )

Finance costs

           

Interest expense

7   (888 ) (909 )

Interest on post-employment benefit obligations

22   (81 ) (110 )

Other income (expense)

8   21   (12 )

Income taxes

9   (1,110 ) (924 )

Net earnings

    3,087   2,730  

Net earnings attributable to:

           

Common shareholders

    2,894   2,526  

Preferred shareholders

    137   152  

Non-controlling interest

29   56   52  

Net earnings

    3,087   2,730  

Net earnings per common share – basic and diluted

10   3.33   2.98  

Average number of common shares outstanding – basic (millions)

    869.1   847.1  
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