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v3.22.4

Consolidated Statements of Income - CAD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2022 | Dec. 31, 2021
Profit or loss [abstract] |  |
Gross revenue | $ 5,677.2 | $ 4,576.8
Less subconsultant and other direct expenses | 1,220.0 | 940.7
Net revenue | 4,457.2 | 3,636.1
Direct payroll costs | 2,039.9 | 1,672.8
Project margin | 2,417.3 | 1,963.3
Administrative and marketing expenses | 1,742.5 | 1,423.6
Depreciation of property and equipment | 56.8 | 53.9
Depreciation of lease assets | 122.1 | 107.9
Amortization of intangible assets | 104.6 | 60.0
Net (reversal) impairment of lease assets and property and equipment | (5.5) | 24.8
Net interest expense | 64.0 | 37.9
Other net finance expense | 9.2 | 5.4
Foreign exchange loss | 3.4 | 4.0
Other income | (4.9) | (17.2)
Income before income taxes | 325.1 | 263.0
Income taxes |  |
Current tax expense | 121.3 | 66.7
Deferred | (43.2) | (4.4)
Total income taxes | 78.1 | 62.3
Net income for the year | $ 247.0 | $ 200.7
Earnings per share, basic (in cad per share) | $ 2.23 | $ 1.80
Earnings per share, diluted (in cad per share) | $ 2.22 | $ 1.80

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