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v3.24.0.1

Consolidated Statements of Earnings (Loss) - CAD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2023 | Dec. 31, 2022
Revenues |  |  |
Gross Sales |  | $ 55,474 | $ 71,765
Less: Royalties |  | 3,270 | 4,868
Revenues |  | 52,204 | 66,897
Expenses |  |  |
Purchased Product | [1] | 24,715 | 33,958
Transportation and Blending | [1] | 10,141 | 11,126
Operating | [1] | 6,352 | 5,816
(Gain) Loss on Risk Management |  | 61 | 1,636
Depreciation, Depletion and Amortization |  | 4,644 | 4,679
Exploration Expense |  | 42 | 101
(Income) Loss From Equity-Accounted Affiliates |  | (51) | (15)
General and Administrative |  | 688 | 865
Finance Costs |  | 671 | 820
Interest Income |  | (133) | (81)
Integration, Transaction and Other Costs |  | 85 | 106
Foreign Exchange (Gain) Loss, Net |  | (67) | 343
Revaluation (Gain) Loss |  | 34 | (549)
Re-measurement of Contingent Payments |  | 59 | 162
(Gain) Loss on Divestiture of Assets |  | (14) | (269)
Other (Income) Loss, Net |  | (63) | (532)
Earnings (Loss) Before Income Tax |  | 5,040 | 8,731
Income Tax Expense (Recovery) |  | 931 | 2,281
Net Earnings (Loss) |  | $ 4,109 | $ 6,450
Net Earnings (Loss) Per Common Share ($) |  |  |
Net Earnings (Loss) Per Share — Basic (CAD per share) |  | $ 2.15 | $ 3.29
Net Earnings (Loss) Per Share — Diluted (CAD per share) |  | $ 2.12 | $ 3.20
[1] | Comparative periods reflect certain revisions. See Note 39.

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