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INTERIM CONSOLIDATED STATEMENTS OF INCOME (unaudited) - CAD
shares in Millions, CAD in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues        
Freight CAD 1,598 CAD 1,406 CAD 3,161 CAD 2,954
Non-freight 45 44 85 87
Total revenues 1,643 1,450 3,246 3,041
Operating expenses        
Compensation and benefits (Note 11) 277 284 510 613
Fuel 160 131 330 256
Materials 48 38 97 94
Equipment rents 37 44 73 89
Depreciation and amortization 165 161 331 323
Purchased services and other 277 241 555 462
Total operating expenses 964 899 1,896 1,837
Operating income 679 551 1,350 1,204
Less:        
Other income and charges (61) (9) (89) (190)
Net interest expense 122 115 242 239
Income before income tax expense 618 445 1,197 1,155
Income tax expense 138 117 286 287
Net income CAD 480 CAD 328 CAD 911 CAD 868
Earnings per share        
Basic earnings per share (in CAD per share) CAD 3.28 CAD 2.16 CAD 6.22 CAD 5.70
Diluted earnings per share (in CAD per share) CAD 3.27 CAD 2.15 CAD 6.20 CAD 5.67
Weighted-average number of shares (millions)        
Basic (shares) 146.5 151.7 146.5 152.3
Diluted (shares) 146.9 152.6 147.0 153.2
Dividends declared per share (in CAD per share) CAD 0.5625 CAD 0.5000 CAD 1.0625 CAD 0.8500