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Consolidated Statements of Comprehensive Income - CAD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Revenues and Other Income    
Gross revenues $ 54,881 $ 52,206
Less: royalties (4,192) (3,114)
Other income 445 1,654
Total Revenues and Other Income 51,134 50,746
Expenses    
Purchases of crude oil and products 19,115 18,215
Operating, selling and general 13,059 13,383
Transportation and distribution 1,842 1,775
Depreciation, depletion, amortization and impairment 6,954 6,435
Exploration 92 74
Gain on disposal of assets (25) (992)
Financing expenses 1,910 1,267
Total Expenses 42,947 40,157
Earnings (Loss) before Income Taxes 8,187 10,589
Income Tax Expense (Recovery)    
Current 2,465 1,734
Deferred (294) 560
Total Income Tax Expense (Recovery) 2,171 2,294
Net Earnings 6,016 8,295
Items That May be Subsequently Reclassified to Earnings:    
Foreign currency translation adjustment 153 74
Items That Will Not be Reclassified to Earnings:    
Actuarial gain on employee retirement benefit plans, net of income taxes 590 128
Other Comprehensive Income 743 202
Total Comprehensive Income $ 6,759 $ 8,497
Per Common Share (dollars)    
Net earnings - basic $ 4.72 $ 6.34
Net earnings - diluted 4.72 6.33
Cash dividends $ 2.22 $ 2.11