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v3.25.0.1

Consolidated Statements of Net Earnings - CAD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023
Profit or loss [abstract] |  |
Revenue | $ 1,902,328 | $ 1,937,854
Expenses: |  |
Operating | 1,248,686 | 1,204,548
General and administrative | 132,421 | 122,188
Earnings before income taxes, gain on repurchase of unsecured senior notes, gain on acquisition, loss on investments and other assets, finance charges, foreign exchange, loss on asset decommissioning, gain on asset disposals, and depreciation and amortization | 521,221 | 611,118
Depreciation and amortization | 309,314 | 297,557
Gain on asset disposals | (16,148) | (24,469)
Loss on asset decommissioning | 0 | 9,592
Foreign exchange | 2,259 | (1,667)
Finance charges | 69,753 | 83,414
Loss on investments and other assets | 1,484 | 6,810
Gain on acquisition | 0 | (25,761)
Gain on repurchase of unsecured senior notes | 0 | (137)
Earnings before income taxes | 154,559 | 265,779
Income taxes: |  |
Current | 7,470 | 4,494
Deferred | 35,759 | (27,959)
Income taxes | 43,229 | (23,465)
Net earnings | 111,330 | 289,244
Attributable to: |  |
Shareholders of Precision Drilling Corporation | 111,195 | 289,244
Non-controlling interests | $ 135 | $ 0
Net earnings per share attributable to shareholders of Precision Drilling Corporation: |  |
Basic | $ 7.81 | $ 21.03
Diluted | $ 7.81 | $ 19.53

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