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v3.22.4

Consolidated Statements of Shareholders' Equity $ in Millions | CAD ($) | Shares Outstanding/Share Capital CAD ($) shares | Contributed Surplus CAD ($) | Retained Earnings CAD ($) | Accumulated Other Comprehensive Income (Loss) CAD ($)
--- | --- | --- | --- | --- | ---
Beginning balance (in shares) at Dec. 31, 2020 | shares |  | 111,005,347 |  |  |
Beginning balance at Dec. 31, 2020 | $ 1,928.5 | $ 932.2 | $ 12.9 | $ 958.6 | $ 24.8
Net income | 200.7 |  |  | 200.7 |
Other comprehensive loss | (49.5) |  |  |  | (49.5)
Total comprehensive income for the year, net of tax | $ 151.2 |  |  | 200.7 | (49.5)
Share options exercised for cash (in shares) | 1,267,614 | 1,267,614 |  |  |
Share options exercised for cash | $ 41.2 | $ 41.2 |  |  |
Share-based compensation | 4.9 |  | 4.9 |  |
Shares repurchased under Normal Course Issuer Bid (in shares) | shares |  | (939,482) |  |  |
Shares repurchased under Normal Course Issuer Bid | (50.7) | $ (8.1) | (0.1) | (42.5) |
Fair value reclass of share options exercised | 0.0 | $ 7.1 | (7.1) |  |
Dividends declared | (73.4) |  |  | (73.4) |
Ending balance (in shares) at Dec. 31, 2021 | shares |  | 111,333,479 |  |  |
Ending balance at Dec. 31, 2021 | 2,001.7 | $ 972.4 | 10.6 | 1,043.4 | (24.7)
Net income | 247.0 |  |  | 247.0 |
Other comprehensive loss | 165.3 |  |  |  | 165.3
Total comprehensive income for the year, net of tax | $ 412.3 |  |  | 247.0 | 165.3
Share options exercised for cash (in shares) | 561,217 | 561,217 |  |  |
Share options exercised for cash | $ 18.0 | $ 18.0 |  |  |
Share-based compensation | (0.8) |  | (0.8) |  |
Shares repurchased under Normal Course Issuer Bid (in shares) | shares |  | (1,085,676) |  |  |
Shares repurchased under Normal Course Issuer Bid | (65.3) | $ (9.6) | (0.1) | (55.6) |
Fair value reclass of share options exercised | 0.0 | $ 3.0 | (3.0) |  |
Dividends declared | (79.9) |  |  | (79.9) |
Ending balance (in shares) at Dec. 31, 2022 | shares |  | 110,809,020 |  |  |
Ending balance at Dec. 31, 2022 | $ 2,286.0 | $ 983.8 | $ 6.7 | $ 1,154.9 | $ 140.6

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