XML 39 R3.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Earnings (Loss) - CAD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenues    
Gross Sales $ 55,474 $ 71,765
Less: Royalties 3,270 4,868
Revenues 52,204 66,897
Expenses    
Purchased Product [1] 24,715 33,958
Transportation and Blending [1] 10,141 11,126
Operating [1] 6,352 5,816
(Gain) Loss on Risk Management 61 1,636
Depreciation, Depletion and Amortization 4,644 4,679
Exploration Expense 42 101
(Income) Loss From Equity-Accounted Affiliates (51) (15)
General and Administrative 688 865
Finance Costs 671 820
Interest Income (133) (81)
Integration, Transaction and Other Costs 85 106
Foreign Exchange (Gain) Loss, Net (67) 343
Revaluation (Gain) Loss 34 (549)
Re-measurement of Contingent Payments 59 162
(Gain) Loss on Divestiture of Assets (14) (269)
Other (Income) Loss, Net (63) (532)
Earnings (Loss) Before Income Tax 5,040 8,731
Income Tax Expense (Recovery) 931 2,281
Net Earnings (Loss) $ 4,109 $ 6,450
Net Earnings (Loss) Per Common Share ($)    
Net Earnings (Loss) Per Share — Basic (CAD per share) $ 2.15 $ 3.29
Net Earnings (Loss) Per Share — Diluted (CAD per share) $ 2.12 $ 3.20
[1] Comparative periods reflect certain revisions. See Note 39.