XML 30 R3.htm IDEA: XBRL DOCUMENT 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