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Consolidated statement of income - CAD
CAD in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues and other income        
Operating revenues [1] CAD 7,134 [2] CAD 6,568 [2] CAD 21,077 [3] CAD 17,967 [3]
Investment and other income (note 3) 24 874 270 945
Total revenues and other income 7,158 7,442 21,347 18,912
Expenses        
Exploration 7 16 29 75
Purchases of crude oil and products [4] 4,251 3,857 13,226 10,884
Production and manufacturing [5] 1,338 1,261 4,238 3,842
Selling and general [5] 219 275 626 812
Federal excise tax 438 434 1,253 1,237
Depreciation and depletion 391 398 1,135 1,229
Financing costs (note 5) 18 19 49 52
Total expenses 6,662 6,260 20,556 18,131
Income (loss) before income taxes 496 1,182 791 781
Income taxes 125 179 164 60
Net income (loss) CAD 371 CAD 1,003 CAD 627 CAD 721
Per-share information (Canadian dollars)        
Net income (loss) per common share - basic (note 8) CAD 0.44 CAD 1.18 CAD 0.74 CAD 0.85
Net income (loss) per common share - diluted (note 8) 0.44 1.18 0.74 0.85
Dividends per common share CAD 0.16 CAD 0.15 CAD 0.47 CAD 0.44
[1] Amounts from related parties included in operating revenues. 756 448 2,801 1,457
[2] Included export sales to the United States of $1,080 million (2016 - $941 million). Export sales to the United States were recorded in all operating segments, with the largest effects in the Upstream segment.
[3] Included export sales to the United States of $3,024 million (2016 - $2,704 million). Export sales to the United States were recorded in all operating segments, with the largest effects in the Upstream segment.
[4] Amounts to related parties included in purchases of crude oil and products. 604 623 1,919 1,540
[5] Amounts to related parties included in production and manufacturing, and selling and general expenses. 127 133 415 394