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Consolidated statement of income - CAD
CAD in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues and other income        
Operating revenues [1],[2] CAD 6,568 [3] CAD 7,111 [3] CAD 17,967 [4] CAD 20,553 [4]
Investment and other income (note 3) 874 44 945 106
Total revenues and other income 7,442 7,155 18,912 20,659
Expenses        
Exploration (note 11) 16 19 75 52
Purchases of crude oil and products [5] 3,857 4,053 10,884 11,653
Production and manufacturing [6] 1,261 1,351 3,842 4,105
Selling and general [6] 275 267 812 803
Federal excise tax [2] 434 416 [7] 1,237 [7] 1,180
Depreciation and depletion 398 400 1,229 1,052
Financing costs (note 5) 19 12 52 20
Total expenses 6,260 6,518 18,131 18,865
Income (loss) before income taxes 1,182 637 781 1,794
Income taxes 179 158 60 774
Net income (loss) CAD 1,003 CAD 479 CAD 721 CAD 1,020
Per-share information (Canadian dollars)        
Net income (loss) per common share - basic (note 8) CAD 1.18 CAD 0.56 CAD 0.85 CAD 1.20
Net income (loss) per common share - diluted (note 8) 1.18 0.56 0.85 1.20
Dividends per common share CAD 0.15 CAD 0.14 CAD 0.44 CAD 0.40
[1] Amounts from related parties included in operating revenues.*
[2] Federal excise tax included in operating revenues.
[3] Included export sales to the United States of $941 million (2015 - $1,168 million). Export sales to the United States were recorded in all operating segments, with the largest effects in the Upstream segment.
[4] Included export sales to the United States of $2,704 million (2015 - $3,331 million). Export sales to the United States were recorded in all operating segments, with the largest effects in the Upstream segment.
[5] Amounts to related parties included in purchases of crude oil and products.*
[6] Amounts to related parties included in production and manufacturing, and selling and general expenses.
[7] Note: Restated 2015.