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Consolidated Statements of Earnings (Loss) (unaudited) - CAD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2017
Revenues    
Gross Sales [1] $ 4,081 $ 7,649
Less: Royalties [1] 44 71
Revenue [1] 4,037 7,578
Expenses    
Purchased Product [1] 2,080 4,314
Transportation and Blending [1] 887 1,451
Operating [1] 509 867
(Gain) Loss on Risk Management [1] (287) (487)
Depreciation, Depletion and Amortization [1] 408 650
General and Administrative [1] 58 101
Finance Costs [1] 168 267
Interest Income [1] (10) (27)
Foreign Exchange (Gain) Loss, Net [1] (410) (486)
Revaluation (Gain) [1] (2,555) (2,555)
Transaction Costs [1] 26 55
Re-measurement of Contingent Payment [1] (66) (66)
Research Costs [1] 5 9
(Gain) Loss on Divestiture of Assets [1]   1
Other (Income) Loss, Net [1] (2) (2)
Earnings (Loss) From Continuing Operations Before Income Tax [1] 3,226 3,486
Income Tax Expense (Recovery) [1] 668 717
Net Earnings (Loss) From Continuing Operations [1] 2,558 2,769
Net Earnings (Loss) From Discontinued Operations [1] 59 59
Net Earnings (Loss) [1],[2] $ 2,617 $ 2,828 [3]
Basic and Diluted Earnings (Loss) Per Share ($)    
Continuing Operations [1] $ 2.30 $ 2.84
Discontinued Operations [1] 0.05 0.06
Net Earnings (Loss) Per Share [1] $ 2.35 $ 2.90
[1] The comparative period has been restated to reflect discontinued operations as discussed in Note 8 and measurement period adjustments related to the Acquisition as discussed in Note 7.
[2] The comparative period has been restated to reflect measurement period adjustments related to the Acquisition as discussed in Note 7.
[3] The comparative period has been restated to reflect the measurement period adjustments related to the Acquisition as discussed in Note 7.