(in millions of Canadian dollars except where noted)
| Year ended Dec. 31 |
|
||
| 2010 | 2009 |
2008 |
|
| Revenues | 2,819 | 2,770 | 3,110 |
| Fuel and purchased power | 1,202 | 1,228 | 1,493 |
| 1,617 | 1,542 | 1,617 | |
| Operations, maintenance, and administration | 634 | 667 | 637 |
| Depreciation and amortization | 459 | 475 | 428 |
| Taxes, other than income taxes | 27 | 22 | 19 |
| 1,120 | 1,164 | 1,084 | |
| 497 | 378 | 533 | |
| Foreign exchange gain (loss) | 10 | 8 | (12) |
| Asset impairment charges | (89) | (16) | - |
| Net interest expense | (178) | (144) | (110) |
| Equity loss | - | - | (97) |
| Other income | - | 8 | 5 |
| Earnings before non-controlling interests and income taxes | 240 | 234 | 319 |
| Non-controlling interests | 20 | 38 | 61 |
| Earnings before income taxes | 220 | 196 | 258 |
| Income tax expense | 1 | 15 | 23 |
| Net earnings | 219 | 181 | 235 |
| Preferred share dividends | 1 | - | - |
| Net earnings applicable to common shares | 218 | 181 | 235 |
| Retained earnings | |||
| Opening balance | 634 | 688 | 763 |
| Common share dividends | (319) | (235) | (215) |
| Shares cancelled under NCIB | - | - | (95) |
| Closing balance | 533 | 634 | 688 |
| Weighted average number of common shares outstanding in the year | 219 | 201 | 199 |
| Net earnings per common share, basic and diluted | 1.00 | 0.90 | 1.18 |
(in millions of Canadian dollars except per share amounts)
|
3 months ended Sept 30 |
9 months ended Sept 30 |
||||
| Unaudited | 2011 | 2010 | 2011 | 2010 | |
| Revenues | 629 | 651 | 1,962 | 1,894 | |
| Fuel and purchased power | 258 | 315 | 655 | 857 | |
| 371 | 336 | 1,307 | 1,307 | ||
| Operations, maintenance, and administration | 138 | 119 | 400 | 381 | |
| Depreciation and amortization | 115 | 125 | 349 | 347 | |
| Taxes, other than income taxes | 7 | 7 | 21 | 21 | |
| 260 | 251 | 770 | 749 | ||
| 111 | 85 | 537 | 288 | ||
| Finance lease income | 2 | 2 | 6 | 6 | |
| Equity income | 14 | 11 | 16 | 8 | |
| Gain on sale of assets | - | - | 3 | - | |
| Other income | 1 | - | 2 | - | |
| Foreign exchange gain | 1 | 1 | - | 4 | |
| Asset impairment charges | (5) | - | (14) | - | |
| Net interest expense | (54) | (49) | (151) | (130) | |
| Earnings before income taxes | 70 | 50 | 399 | 176 | |
| Income tax expense (recovery) | 9 | 4 | 95 | (7) | |
| Net earnings | 61 | 46 | 304 | 183 | |
|
|
|||||
| Net earnings attributable to: | |||||
| TransAlta shareholders | 54 | 40 | 277 | 163 | |
| Non-controlling interests | 7 | 6 | 27 | 20 | |
| 61 | 46 | 304 | 183 | ||
| Net earnings attributable to TransAlta shareholders | 54 | 40 | 277 | 163 | |
| Preferred share dividends | 4 | - | 11 | - | |
| Net earnings attributable to common shareholders | 50 | 40 | 266 | 163 | |
| Weighted average number of common shares outstanding in the period (millions) | 223 | 220 | 222 | 220 | |
| Net earnings per share attributable to common shareholders, basic and diluted | 0.22 | 0.18 | 1.20 | 0.74 | |
© 2009 TransAlta.