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Consolidated Statements of Earnings (Loss) (unaudited) - CAD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues        
Gross Sales $ 5,927 $ 6,027 $ 11,122 $ 10,730
Less: Royalties 324 195 515 288
Revenue 5,603 5,832 10,607 10,442
Expenses        
Purchased Product 2,381 2,024 4,490 3,853
Transportation and Blending 1,354 1,665 2,513 3,179
Operating 530 535 1,045 1,177
Production and Mineral Taxes   1   1
(Gain) Loss on Risk Management (36) 575 181 905
Depreciation, Depletion and Amortization 544 559 1,110 1,194
Exploration Expense 4 4 9 6
General and Administrative 65 106 137 226
Onerous Contract Provisions (6) 3 (7) 62
Finance Costs 114 156 238 306
Interest Income (4) (3) (6) (6)
Foreign Exchange (Gain) Loss, Net (155) 212 (353) 489
Re-measurement of Contingent Payment (109) 377 154 494
Research Costs 6 7 10 19
(Gain) Loss on Divestiture of Assets (1) (1) 4 (1)
Other (Income) Loss, Net (2) 2 7  
Earnings (Loss) From Continuing Operations Before Income Tax 918 (390) 1,075 (1,462)
Income Tax Expense (Recovery) (866) 20 (819) (138)
Net Earnings (Loss) From Continuing Operations 1,784 (410) 1,894 (1,324)
Net Earnings (Loss) From Discontinued Operations   (8)   252
Net Earnings (Loss) $ 1,784 $ (418) $ 1,894 $ (1,072)
Basic and Diluted Earnings (Loss) Per Share ($)        
Continuing Operations $ 1.45 $ 0.33 $ 1.54 $ (1.08)
Discontinued Operations   0.01   0.21
Net Earnings (Loss) Per Share $ 1.45 $ 0.34 $ 1.54 $ (0.87)