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Consolidated Statements of Equity (unaudited) - CAD ($)
$ in Millions
Total
Common shares
Preference shares
Common Share Warrants
Common Shares
Common Shares
Common shares
Preferred Shares
Preferred Shares
Preference shares
Warrants
Warrants
Common Share Warrants
Paid in Surplus
Retained Earnings
Retained Earnings
Common shares
Retained Earnings
Preference shares
AOCI
[1]
Non-Controlling Interest
Beginning balance at Dec. 31, 2020 $ 16,707       $ 11,040           $ 4,391 $ 501     $ 775 $ 0
Net Earnings (Loss) 444 [2]                     444        
Other Comprehensive Income (Loss), Net of Tax (290)                           (290)  
Comprehensive Income (Loss) 154                     444     (290)  
Shares issued   $ 6,111 $ 519 $ 216   $ 6,111   $ 519   $ 216            
Warrants Exercised 2       2                      
Stock-Based Compensation Expense 8                   8          
Dividends (71) (71) (17)                   $ (71) $ (17)    
Non-Controlling Interest                               11
Ending balance at Jun. 30, 2021 23,629       17,153   $ 519   $ 216   4,399 857     485 11
Beginning balance at Dec. 31, 2020 16,707       11,040           4,391 501     775 0
Ending balance at Dec. 31, 2021 23,596       17,016   519   215   4,284 878     684 12
Beginning balance at Jun. 30, 2021 23,629       17,153   519   216   4,399 857     485 11
Ending balance at Jun. 30, 2022 26,275       16,653   519   194   3,354 4,642     913 12
Beginning balance at Dec. 31, 2021 23,596       17,016   519   215   4,284 878     684 12
Net Earnings (Loss) 4,057                     4,057        
Other Comprehensive Income (Loss), Net of Tax 229                           229  
Comprehensive Income (Loss) 4,286                     4,057     229  
Common Shares Issued on Exercise of Stock Options 120       149           (29)          
Repurchase Of Equity [3] (1,484)       (577)           (907)          
Warrants Exercised 44       65       (21)              
Stock-Based Compensation Expense 6                   6          
Dividends (276) $ (276) $ (17)                   $ (276) $ (17)    
Ending balance at Jun. 30, 2022 $ 26,275       $ 16,653   $ 519   $ 194   $ 3,354 $ 4,642     $ 913 $ 12
[1] Accumulated other comprehensive income (loss) (“AOCI”).
[2] See Note 3 for revisions to prior period results.
[3] Normal course issuer bid (“NCIB”).