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Consolidated Statements of Income - CAD ($) shares in Thousands, $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2023 | Dec. 31, 2022
Profit or loss [abstract] |  |
Revenue (Note 7) | $ 15,011 | $ 17,316
Cost of sales | (9,868) | (8,745)
Gross profit | 5,143 | 8,571
Other operating income (expenses) |  |
General and administration | (317) | (236)
Exploration | (86) | (90)
Research and innovation | (164) | (157)
Other operating income (expense) (Note 10) | (206) | (1,102)
Profit from operations | 4,370 | 6,986
Finance income (Note 11) | 112 | 53
Finance expense (Note 11) | (274) | (203)
Non-operating income (expense) (Note 12) | (266) | (275)
Share of profit of joint venture (Note 16) | 2 | 4
Profit from continuing operations before taxes | 3,944 | 6,565
Provision for income taxes from continuing operations (Note 23(a)) | (1,610) | (2,495)
Profit from continuing operations | 2,334 | 4,070
Loss from discontinued operations (Note 5) | (26) | (772)
Profit for the year | 2,308 | 3,298
Profit (loss) from continuing operations attributable to: |  |
Shareholders of the company | 2,435 | 4,089
Non-controlling interests | (101) | (19)
Profit from continuing operations | 2,334 | 4,070
Profit (loss) attributable to: |  |
Profit (loss) attributable to Shareholders of the company | 2,409 | 3,317
Non-controlling interests | $ (101) | $ (19)
Earnings per share from continuing operations |  |
Basic (in dollars per share) | $ 4.70 | $ 7.77
Diluted (in dollars per share) | 4.64 | 7.63
Loss per share from discontinued operations |  |
Basic (in dollars per share) | (0.05) | (1.47)
Diluted (in dollars per share) | (0.05) | (1.47)
Earnings per share |  |
Basic (in dollars per share) | 4.65 | 6.30
Diluted (in dollars per share) | $ 4.59 | $ 6.19
Weighted average shares outstanding (millions) (in shares) | 517,828 | 526,718
Weighted average diluted shares outstanding (millions) (in shares) | 525,344 | 535,854
Shares outstanding at end of year (in shares) | 517,300 | 513,700

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- Definition The number of ordinary shares outstanding at the beginning of the period, adjusted by the number of ordinary shares bought back or issued during the period multiplied by a time-weighting factor. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 33 -IssueDate 2023-01-01 -Paragraph 70 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=33&code=ifrs-tx-2023-en-r&anchor=para_70_b&doctype=Standard -URIDate 2023-03-23 + Details
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