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v3.25.4

Consolidated income statements - CAD ($) shares in Millions, $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2025 | Dec. 31, 2024
Profit or loss [abstract] |  |  |
Operating revenues |  | $ 24,468 | $ 24,409
Operating costs |  | (13,810) | (13,820)
Severance, acquisition and other costs |  | (517) | (454)
Depreciation |  | (3,861) | (3,758)
Amortization |  | (1,377) | (1,283)
Finance costs |  |  |
Interest expense |  | (1,775) | (1,713)
Net return on post-employment benefit plans |  | 102 | 66
Impairment of assets |  | (1,027) | (2,190)
Net gains on investments |  | 5,217 | 57
Other income (expense) | [1] | 287 | (362)
Income taxes |  | (1,193) | (577)
Net earnings |  | 6,514 | 375
Net earnings attributable to: |  |  |
Common shareholders |  | 6,305 | 163
Preferred shareholders |  | 155 | 181
Non-controlling interest |  | 54 | 31
Net earnings |  | $ 6,514 | $ 375
Net earnings per common share - basic and diluted |  |  |
Net earnings per common share - basic (in cad per share) |  | $ 6.79 | $ 0.18
Net earnings per common share - diluted (in cad per share) |  | $ 6.79 | $ 0.18
Weighted average number of common shares outstanding - basic (millions) (in shares) |  | 929.1 | 912.3
[1] | (1)We have presented amounts from the previous period to make them consistent with the presentation of the current period.

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