This report is for educational purposes only, and not to provide investment advice.  Before making any investment decision, you should always do your own research or consult a investment professional.
While I try to be accurate, I assume no responsibility for any figure in this spreadsheet. Estimates Estimates Estimates
See my website on stocks or see my blog at the following sites.  www.spbrunner.com/stocks.html www.spbrunner.blogspot.com/
Bombardier Inc. TSX: BBD.B OTC: BDRBF www.bombardier.com Fiscal Yr: Dec-31
Year 1/31/06 1/31/07 1/31/08 1/31/09 1/31/10 1/31/11 12/31/11 12/31/12 12/31/13 12/31/14 12/31/15 12/31/16 12/31/17 12/31/18 12/31/19 Value Description #Y Item Currency
Accounting Rules C GAAP IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS Accounting Rules
US$ to CDN$  1.14400 1.1792 1.0018 1.2403 1.0686 1.0022 1.0170 0.9949 1.0636 1.1601 1.3847 1.3427 1.3116 1.3116 1.3116 US$ to CDN$ 
Reporting Currency (US$) (US$) (US$) (US$) (US$) (US$) (US$) (US$) (US$) (US$) (US$) (US$) (US$) (US$) (US$) Reporting Currency
Year End Jan 31 Jan 31 Jan 31 Jan 31 Jan 31 Jan 31 Dec 31 Dec 31 Dec 31 Dec 31 Dec 31 Dec 31 Dec 31 Dec 31 Dec 31 Year End
Split Dates Split Dates
Splits Splits
Revenue- US$ $14,726 $14,816 $17,506 $19,721 $19,366 $17,712 $18,347 $16,768 $18,151 $20,111 $18,172 $16,339 $16,738 $18,325 $20,800 10.28% <-Total Growth 10 Revenue US$
Increase -5.27% 0.61% 18.16% 12.65% -1.80% -8.54% 3.59% -8.61% 8.25% 10.80% -9.64% -10.09% 2.44% 9.48% 13.51% 0.98% <-IRR #YR-> 10 Revenue US$ 10.28%
5 year Running Average $15,081 $15,351 $15,742 $16,463 $17,227 $17,824 $18,530 $18,383 $18,069 $18,218 $18,310 $17,908 $17,902 $17,937 $18,075 -2.29% <-IRR #YR-> 5 Revenue US$ -10.94%
Revenue per Share $8.44 $8.52 $10.12 $11.40 $11.20 $10.26 $10.64 $9.69 $10.44 $11.56 $8.09 $7.27 $7.45 $8.16 $9.26 1.55% <-IRR #YR-> 10 5 yr Running Average US$ 16.65%
Increase -4.98% 0.98% 18.70% 12.67% -1.75% -8.33% 3.69% -8.95% 7.69% 10.77% -30.02% -10.09% 2.44% 9.48% 13.51% -0.68% <-IRR #YR-> 5 5 yr Running Average US$ -3.36%
5 year Running Average $9.53 $9.27 $9.03 $9.47 $9.93 $10.30 $10.72 $10.64 $10.45 $10.52 $10.08 $9.41 $8.96 $8.51 $8.05 -1.57% <-IRR #YR-> 10 Revenue per Share US$ -14.66%
P/S (Price/Sales) Med 0.31 0.35 0.47 0.43 0.32 0.51 0.51 0.40 0.44 0.32 0.27 0.15 -7.33% <-IRR #YR-> 5 Revenue per Share US$ -31.66%
P/S (Price/Sales) Close 0.31 0.45 0.49 0.27 0.42 0.56 0.37 0.39 0.42 0.31 0.12 0.22 0.25 0.23 0.20 0.15% <-IRR #YR-> 10 5 yr Running Average US$ 1.52%
*Revenue in M US $  P/S Med 10 yr  0.42 5 yr  0.32 -40.74% Diff M/C -2.58% <-IRR #YR-> 5 5 yr Running Average US$ -12.25%
-$14,816 $0 $0 $0 $0 $0 $0 $0 $0 $0 $16,339
-$18,347 $0 $0 $0 $0 $16,339
-$15,351 $0 $0 $0 $0 $0 $0 $0 $0 $0 $17,908
-$18,530 $0 $0 $0 $0 $17,908
-$8.52 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $7.27
-$10.64 $0.00 $0.00 $0.00 $0.00 $7.27
-$9.27 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $9.41
-$10.72 $0.00 $0.00 $0.00 $0.00 $9.41
Comments
Revenue - CDN$ $16,847 $17,471 $17,538 $24,459 $20,695 $17,751 $18,659 $16,682 $19,305 $23,331 $25,164 $21,938 $21,954 $24,035 $27,281 25.57% <-Total Growth 10 Revenue CDN$
Increase -12.57% 3.71% 0.38% 39.47% -15.39% -14.22% 5.11% -10.59% 15.72% 20.85% 7.86% -12.82% 0.07% 9.48% 13.51% 2.31% <-IRR #YR-> 10 Revenue CDN$ 25.57%
5 year Running Average $20,547 $19,715 $18,489 $19,117 $19,402 $19,583 $19,820 $19,649 $18,618 $19,146 $20,628 $21,284 $22,338 $23,284 $24,074 3.31% <-IRR #YR-> 5 Revenue CDN$ 17.58%
Revenue per Share $9.65 $10.05 $10.13 $14.13 $11.96 $10.29 $10.82 $9.64 $11.10 $13.41 $11.20 $9.77 $9.77 $10.70 $12.14 1.26% <-IRR #YR-> 10 5 yr Running Average CDN$ 7.96%
Increase -12.3% 4.1% 0.8% 39.5% -15.4% -14.0% 5.2% -10.9% 15.1% 20.8% -16.5% -12.8% 0.1% 9.5% 13.5% 2.42% <-IRR #YR-> 5 5 yr Running Average CDN$ 7.39%
5 year Running Average $13.16 $12.01 $10.61 $11.00 $11.19 $11.31 $11.47 $11.37 $10.76 $11.05 $11.24 $11.02 $11.05 $10.97 $10.72 -0.28% <-IRR #YR-> 10 Revenue per Share CDN$ -2.82%
P/S (Price/Sales) Med 0.31 0.35 0.47 0.43 0.33 0.51 0.49 0.41 0.41 0.30 0.24 0.15 -2.02% <-IRR #YR-> 5 Revenue per Share CDN$ -9.78%
P/S (Price/Sales) Close 0.31 0.45 0.49 0.27 0.42 0.56 0.38 0.39 0.42 0.31 0.12 0.22 0.25 0.22 0.20 -0.83% <-IRR #YR-> 10 5 yr Running Average CDN$ -8.25%
*Revenue in M CDN$  P/S 10 yr  0.38 5 yr  0.28 -34.52% Diff M/C -0.74% <-IRR #YR-> 5 5 yr Running Average CDN$ -3.88%
-$17,471 $0 $0 $0 $0 $0 $0 $0 $0 $0 $21,954
-$18,659 $0 $0 $0 $0 $21,954
-$19,715 $0 $0 $0 $0 $0 $0 $0 $0 $0 $22,338
-$19,820 $0 $0 $0 $0 $22,338
-$10.05 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $9.77
-$10.82 $0.00 $0.00 $0.00 $0.00 $9.77
-$12.01 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $11.05
-$11.47 $0.00 $0.00 $0.00 $0.00 $11.05
EPS Basic $0.13 $0.14 $0.17 $0.57 $0.39 $0.43 $0.47 $0.32 $0.31 -$0.74 -$2.58 -$0.48 -442.86% <-Total Growth 10 EPS Basic US$
EPS Diluted* US$ $0.13 $0.14 $0.16 $0.56 $0.39 $0.42 $0.47 $0.32 $0.31 -$0.74 -$2.58 -$0.48 -$0.05 $0.03 $0.13 -442.86% <-Total Growth 10 EPS Diluted US$
Increase 316.67% 7.69% 14.29% 250.00% -30.36% 7.69% 11.90% -31.91% -3.13% -338.71% -248.65% 81.40% 89.58% 160.00% 333.33% #NUM! <-IRR #YR-> 10 Earnings per Share US$ -442.86%
Earnings Yield 5.0% 3.7% 3.2% 18.3% 8.2% 7.4% 11.9% 8.4% 7.1% -20.6% -268.8% -29.8% -2.7% 1.6% 7.1% #NUM! <-IRR #YR-> 5 Earnings per Share US$ -202.13%
5 year Running Average -$0.02 -$0.03 $0.06 $0.19 $0.28 $0.33 $0.40 $0.43 $0.38 $0.16 -$0.44 -$0.63 -$0.71 -$0.76 -$0.59 35.51% <-IRR #YR-> 10 5 yr Running Average US$ -1988.03%
10 year Running Average $0.14 $0.13 $0.12 $0.15 $0.16 $0.15 $0.18 $0.25 $0.28 $0.22 -$0.06 -$0.12 -$0.14 -$0.19 -$0.22 #NUM! <-IRR #YR-> 5 5 yr Running Average US$ -258.50%
* ESP per share in US$ E/P 10 Yrs 7.25% 5Yrs -20.61%
-$0.14 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$0.48
-$0.47 $0.00 $0.00 $0.00 $0.00 -$0.48
$0.03 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$0.63
-$0.40 $0.00 $0.00 $0.00 $0.00 -$0.63
Pre-split '00
EPS Basic $0.15 $0.17 $0.17 $0.71 $0.42 $0.43 $0.48 $0.32 $0.33 -$0.86 -$3.57 -$0.64 -490.40% <-Total Growth 10 EPS Basic CDN$
Pre-split '00
EPS Diluted* CDN$ $0.15 $0.17 $0.16 $0.69 $0.42 $0.42 $0.48 $0.32 $0.33 -$0.86 -$3.57 -$0.64 -$0.07 $0.04 $0.17 -490.40% <-Total Growth 10 EPS Diluted CDN$
Increase 299.97% 11.01% -2.91% 333.31% -40.00% 1.00% 13.56% -33.39% 3.56% -360.37% -316.16% 81.96% 89.82% 160.00% 333.33% #NUM! <-IRR #YR-> 10 Earnings per Share CDN$ -490.40%
Earnings Yield 5.0% 3.7% 3.2% 18.3% 8.3% 7.4% 11.8% 8.5% 7.2% -20.7% -266.6% -29.8% -2.7% 1.6% 7.1% #NUM! <-IRR #YR-> 5 Earnings per Share CDN$ -234.83%
5 year Running Average -$0.04 -$0.06 $0.07 $0.22 $0.32 $0.37 $0.43 $0.47 $0.39 $0.14 -$0.66 -$0.89 -$0.96 -$1.02 -$0.81 30.86% <-IRR #YR-> 10 5 yr Running Average CDN$ -1373.08%
10 year Running Average $0.20 $0.18 $0.17 $0.20 $0.19 $0.17 $0.19 $0.27 $0.31 $0.23 -$0.14 -$0.23 -$0.25 -$0.31 -$0.34 #NUM! <-IRR #YR-> 5 5 yr Running Average CDN$ -303.99%
* ESP per share in CDN$ E/P 10 Yrs 7.26% 5Yrs -20.69%
-$0.17 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$0.64
-$0.48 $0.00 $0.00 $0.00 $0.00 -$0.64
$0.06 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$0.89
-$0.43 $0.00 $0.00 $0.00 $0.00 -$0.89
Special Dividends $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 <-Median-> 10 Special Dividends US$
Dividends - US$ $0.00 $0.00 $0.00 $0.04 $0.09 $0.10 $0.10 $0.10 $0.09 $0.09 $0.00 $0.00 $0.00 $0.00 $0.00 #DIV/0! <-Total Growth 10 Dividends US$
Increase #DIV/0! #DIV/0! #DIV/0! #DIV/0! 132.13% 6.63% -1.46% 2.22% -6.46% -5.57% -100.00% #DIV/0! #DIV/0! #DIV/0! #DIV/0! Count 31 Years of data US$
Dividends 5 Yr Running $0.06 $0.04 $0.01 $0.01 $0.03 $0.05 $0.07 $0.09 $0.10 $0.10 $0.08 $0.06 $0.04 $0.02 $0.00 6.16% <-Median-> 10 Dividends 5 Yr Running US$
Yield H/L Price 0.00% 0.00% 0.00% 0.83% 2.59% 1.89% 1.82% 2.57% 2.07% 2.39% 0.00% 0.00% 1.86% <-Median-> 10 Dividends US$
Yield on High  Price 0.00% 0.00% 0.00% 0.56% 1.72% 1.60% 1.32% 2.08% 1.82% 2.04% 0.00% 0.00% 1.46% <-Median-> 10 Dividends US$
Yield on Low Price 0.00% 0.00% 0.00% 1.58% 5.24% 2.31% 2.94% 3.36% 2.40% 2.89% 0.00% 0.00% 2.35% <-Median-> 10 Dividends US$
Yield on Close Price 0.00% 0.00% 0.00% 1.32% 1.98% 1.75% 2.49% 2.64% 2.16% 2.48% 0.00% 0.00% 0.00% 0.00% 0.00% 1.87% <-Median-> 10 Dividends US$
Payout Ratio EPS 0.00% 0.00% 0.00% 7.21% 24.03% 23.79% 20.95% 31.46% 30.38% -12.02% 0.00% 0.00% 0.00% 0.00% 0.00% 14.08% <-Median-> 10 DPR EPS US$
DPR EPS 5 Yr Running -243.55% -124.19% 21.83% 4.34% 9.72% 14.01% 16.63% 20.06% 25.50% 61.82% -17.22% -8.95% -5.17% -2.33% 0.00% 15.32% <-Median-> 10 DPR EPS 5 Yr Running US$
Payout Ratio CFPS 0.00% 0.00% 0.00% 7.69% 29.37% 10.28% 69.87% 12.92% 11.87% 18.26% 0.00% 0.00% 0.00% 0.00% 0.00% 11.07% <-Median-> 10 DPR CF US$
DPR CF 5 Yr Running 24.28% 9.87% 2.99% 1.31% 4.27% 6.36% 10.06% 15.83% 16.21% 15.20% 17.30% 13.33% 12.54% 9.60% 0.00% 11.69% <-Median-> 10 DPR CF 5 Yr Running US$
Payout Ratio CFPS WC #DIV/0! #DIV/0! #DIV/0! #DIV/0! 186.86% 9.66% -2.14% 4.54% -15.08% -10.61% 1811.62% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! <-Median-> 7 DPR CF WC US$
DPR CF WC 5 Yr Running 8.80% 8.05% 2.86% 1.55% 4.44% 7.02% 9.22% 12.31% 16.28% 17.17% 18.48% 22.94% 21.34% 12.90% 0.00% 10.77% <-Median-> 10 DPR CF WC 5 Yr Running US$
Median Values 5 Yr Med 5 Yr Cl 2.07% 2.16% 5 Yr Med Payout 0.00% 11.87% #DIV/0! #NUM! <-IRR #YR-> 10 Dividends US$
* Dividends per share US$ 5 Yr Med and Cur. -100.00% -100.00% Last Div Inc ---> $0.10 $0.10 0.0% #NUM! <-IRR #YR-> 5 Dividends US$
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
-$0.10 $0.00 $0.00 $0.00 $0.00 $0.00
Historical Dividends Historical High Div 4.07% Low Div 0.00% Ave Div 2.04% Med Div 1.19% Close Div 1.14% Historical Dividends
High/Ave/Median Values Curr diff Exp. -100.00% #DIV/0! #DIV/0! Exp. -100.00% Exp. -100.00% Exp. -100.00% High/Ave/Median 
Special Dividends $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 <-Median-> 10 Special Dividends CDN$
Pre-split '92
Pre-split '95
Pre-split '98
Pre-split '00
Dividends CDN* $0.00 $0.00 $0.00 $0.05 $0.10 $0.10 $0.10 $0.10 $0.10 $0.10 $0.00 $0.00 $0.00 $0.00 $0.00 #DIV/0! <-Total Growth 10 Dividends CDN$
Increase #DIV/0! #DIV/0! #DIV/0! #DIV/0! 100.00% 0.00% 0.00% 0.00% 0.00% 3.00% -100.00% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! <-Median-> 7 Dividends CDN$
Dividends 5 Yr Running $0.09 $0.05 $0.02 $0.01 $0.03 $0.05 $0.07 $0.09 $0.10 $0.10 $0.08 $0.06 $0.04 $0.02 $0.00 Count 28 Years of data
Yield H/L Price 0.00% 0.00% 0.00% 0.83% 2.55% 1.92% 1.88% 2.55% 2.18% 2.54% 0.00% 0.00% 1.90% <-Median-> 10 Dividends CDN$
Yield on High  Price 0.00% 0.00% 0.00% 0.56% 1.81% 1.64% 1.40% 2.06% 1.87% 2.22% 0.00% 0.00% 1.52% <-Median-> 10 Dividends CDN$
Yield on Low Price 0.00% 0.00% 0.00% 1.58% 4.28% 2.31% 2.87% 3.35% 2.61% 2.97% 0.00% 0.00% 2.46% <-Median-> 10 Dividends CDN$
Yield on Close Price 0.00% 0.00% 0.00% 1.32% 1.99% 1.75% 2.47% 2.66% 2.17% 2.49% 0.00% 0.00% 0.00% 0.00% 0.00% 1.87% <-Median-> 10 Dividends CDN$
Payout Ratio EPS 0.00% 0.00% 0.00% 7.21% 24.03% 23.79% 20.95% 31.46% 30.38% -12.02% 0.00% 0.00% 0.00% 0.00% 0.00% 14.08% <-Median-> 10 DPR EPS CDN$
DPR EPS 5 Yr Running -232.40% -90.87% 27.77% 4.58% 9.48% 13.48% 16.15% 19.36% 25.50% 73.17% -12.21% -6.85% -4.23% -2.02% 0.00% 14.81% <-Median-> 10 DPR EPS 5 Yr Running CDN$
Payout Ratio CFPS 0.00% 0.00% 0.00% 7.69% 29.37% 10.28% 69.87% 12.92% 11.87% 18.26% 0.00% 0.00% 0.00% 0.00% 0.00% 11.07% <-Median-> 10 DPR CF CDN$
DPR CF 5 Yr Running 26.97% 10.75% 3.73% 1.46% 4.37% 6.38% 10.13% 15.62% 16.27% 15.26% 17.25% 13.32% 12.34% 9.02% 0.00% 11.73% <-Median-> 10 DPR CF 5 Yr Running CDN$
Payout Ratio CFPS WC 0.00% 0.00% 0.00% 4.22% 13.26% 14.58% 14.46% 20.59% 21.98% 16.94% 0.00% 0.00% 0.00% 0.00% 0.00% 13.86% <-Median-> 10 DPR CF WC CDN$
DPR CF WC 5 Yr Running 9.15% 8.96% 3.20% 1.65% 4.39% 6.79% 8.99% 11.84% 16.27% 17.19% 18.63% 23.84% 21.84% 12.64% 0.00% 10.41% <-Median-> 10 DPR CF WC 5 Yr Running CDN$
Median Values 5 Yr Med 5 Yr Cl 2.18% 2.17% 5 Yr Med Payout 0.00% 11.87% 16.94% #NUM! <-IRR #YR-> 10 Dividends CDN$
* Dividends per share CDN$ 5 Yr Med and Cur. -100.00% -100.00% Last Div Inc ---> $0.10 $0.00 -100.0% #NUM! <-IRR #YR-> 5 Dividends CDN$
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
-$0.10 $0.00 $0.00 $0.00 $0.00 $0.00
Historical Dividends Historical High Div 3.53% Low Div 0.00% Ave Div 1.77% Med Div 1.35% Close Div 1.24% Historical Dividends CDN$
High/Ave/Median Values Curr diff Exp. -100.00% #DIV/0! #DIV/0! Exp. -100.00% Exp. -100.00% Exp. -100.00% High/Ave/Median  CDN$
Future Dividend Yield Div Yd $0.00 earning in 5 Years at IRR of 0.00% Div Inc. #DIV/0! Future Dividend Yield CDN$
Future Dividend Yield Div Yd 0.00% earning in 10.00 Years at IRR of 0.00% Div Inc. #DIV/0! Future Dividend Yield CDN$
Future Dividend Yield Div Yd 0.00% earning in 15.00 Years at IRR of 0.00% Div Inc. #DIV/0! Future Dividend Yield CDN$
I am earning GC Div Gr -100.00% 11/13/87 # yrs -> 30 1987 $0.60 Cap Gain 300.00% I am earning GC CDN$
I am earning Div org yield 1.67% 31/01/14 Trading Div G Yrly #NUM! Div start $0.01 -1.67% 0.00% I am earning Div CDN$
Yield if held 5 yrs 0.00% 0.00% 0.00% 1.13% 2.17% 3.40% 2.81% 2.11% 1.65% 2.62% 0.00% 0.00% 0.00% 0.00% 0.00% 1.88% <-Median-> 10 Paid Median Price CDN$
Yield if held 10 yrs 0.00% 0.00% 0.00% 0.53% 0.78% 0.49% 0.59% 1.07% 2.27% 2.24% 0.00% 0.00% 0.00% 0.00% 0.00% 0.56% <-Median-> 10 Paid Median Price CDN$
Yield if held 15 yrs 0.00% 0.00% 0.00% 2.55% 3.72% 2.55% 1.83% 1.36% 1.06% 0.81% 0.00% 0.00% 0.00% 0.00% 0.00% 1.21% <-Median-> 10 Paid Median Price CDN$
Yield if held 20 yrs 0.00% 0.00% 5.63% 9.63% 6.42% 6.40% 5.10% 5.10% 3.84% 0.00% 0.00% 0.00% 0.00% 0.00% 5.10% <-Median-> 10 Paid Median Price CDN$
Yield if held 25 yrs 9.54% 14.95% 11.25% 9.92% 0.00% 0.00% 0.00% 0.00% 0.00% 9.73% <-Median-> 6 Paid Median Price CDN$
Yield if held 30 yrs 0.00% 0.00% 0.00% 0.00% 0.00% <-Median-> 1 Paid Median Price CDN$
Cost covered if held 5 years 2.24% 1.61% 0.97% 1.13% 3.26% 8.49% 9.83% 9.48% 8.25% 12.80% 7.74% 5.71% 5.17% 2.25% 0.00% 7.99% <-Median-> 10 Paid Median Price CDN$
Cost covered if held 10 years 23.35% 15.79% 10.74% 7.97% 5.80% 3.47% 3.67% 5.77% 12.46% 14.19% 22.17% 18.35% 13.75% 9.95% 12.80% 9.36% <-Median-> 10 Paid Median Price CDN$
Cost covered if held 15 years 69.65% 67.81% 52.66% 53.85% 41.61% 29.72% 22.18% 16.87% 13.27% 9.74% 5.46% 5.45% 7.93% 14.80% 14.19% 19.53% <-Median-> 10 Paid Median Price CDN$
Cost covered if held 20 years 110.39% 170.94% 132.45% 121.00% 85.70% 90.21% 75.59% 79.34% 60.34% 39.99% 27.71% 19.64% 14.37% 9.74% 82.52% <-Median-> 10 Paid Median Price CDN$
Cost covered if held 25 years 143.78% 238.21% 188.72% 169.44% 111.58% 109.60% 85.94% 84.59% 60.34% 156.61% <-Median-> 6 Paid Median Price CDN$
Cost covered if held 30 years 172.68% 268.55% 200.31% 169.44% 172.68% <-Median-> 1 Paid Median Price CDN$
Graham Pr CND$ $2.14 $2.45 $2.41 $4.96 $4.41 $4.65 $1.36 $2.01 $3.07 $3.07 $14.79 $5.78 $1.84 #NUM! #NUM! 135.57% <-Total Growth 10 Graham Price CDN$
Price/GP Ratio Med 1.38 1.45 1.98 1.22 0.89 1.12 3.90 1.95 1.50 1.32 0.18 0.26 1.37 1.27 <-Median-> 10 Price/GP Ratio CDN$
Price/GP Ratio High 1.69 1.82 2.79 1.81 1.25 1.31 5.25 2.42 1.74 1.51 0.28 0.38 1.49 1.63 <-Median-> 10 Price/GP Ratio CDN$
Price/GP Ratio Low 1.08 1.09 1.16 0.64 0.53 0.93 2.56 1.49 1.25 1.13 0.08 0.14 1.24 1.03 <-Median-> 10 Price/GP Ratio CDN$
Price/GP Ratio Close 1.40 1.83 2.06 0.77 1.14 1.23 2.98 1.87 1.50 1.35 0.09 0.37 1.30 #NUM! #NUM! 1.29 <-Median-> 10 Price/GP Ratio CDN$
Prem/Disc Close 39.57% 82.73% 105.81% -23.40% 14.34% 23.08% 198.28% 86.77% 50.11% 35.13% -90.94% -62.60% 30.27% #NUM! #NUM! 29.10% <-Median-> 10 Graham Price CDN$
Month, Year Class B Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Dec-11 Dec-12 Dec-13 Dec-14 Dec-15 Dec-16 Dec-17 Dec-18 Dec-19
Pre-split '00
Price Close CDN$ $2.98 $4.48 $4.95 $3.80 $5.04 $5.72 $4.06 $3.76 $4.61 $4.15 $1.34 $2.16 $2.40 $2.40 $2.40 -51.79% <-Total Growth 10 Stock Price CDN$
Increase 13.74% 50.34% 10.49% -23.23% 32.63% 13.49% -29.02% -7.39% 22.61% -9.98% -67.71% 61.19% 11.11% 0.00% 0.00% -7.04% <-IRR #YR-> 10 Stock Price CDN$
P/E 20.04 27.14 30.88 5.47 12.09 13.59 8.49 11.81 13.98 -4.83 -0.38 -3.35 -36.60 60.99 14.08 -11.86% <-IRR #YR-> 5 Stock Price CDN$
Trailing P/E -40.07 30.12 29.98 23.71 7.26 13.73 9.65 7.87 14.48 12.59 -1.56 -0.60 -3.72 -36.60 60.99 -5.03% <-IRR #YR-> 10 Price & Dividend CDN$
Median 10, 5 Yrs D.  per yr 2.01% 1.74% % Tot Ret -39.89% -17.17% Price Inc -7.39% P/E:  10.15 -0.38 -10.12% <-IRR #YR-> 5 Price & Dividend CDN$
-$4.48 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.16
-$4.06 $0.00 $0.00 $0.00 $0.00 $2.16
-$4.48 $0.00 $0.05 $0.10 $0.10 $0.10 $0.10 $0.10 $0.10 $0.00 $2.16
-$4.06 $0.10 $0.10 $0.10 $0.00 $2.16
Price Med H/L CDN$ $2.95 $3.57 $4.76 $6.07 $3.94 $5.22 $5.32 $3.93 $4.60 $4.06 $2.66 $1.48 $2.52 -58.63% <-Total Growth 10 Stock Price CDN$
Increase -36.01% 20.85% 33.38% 27.66% -35.17% 32.53% 1.92% -26.06% 16.92% -11.75% -34.53% -44.44% 70.51% -8.45% <-IRR #YR-> 10 Stock Price CDN$
P/E 19.84 21.59 29.67 8.74 9.44 12.39 11.12 12.34 13.94 -4.72 -0.74 -2.29 -38.35 -22.61% <-IRR #YR-> 5 Stock Price CDN$
Trailing P/E -39.67 23.97 28.80 37.87 5.67 12.51 12.63 8.22 14.43 12.30 -3.09 -0.41 -3.90 -5.75% <-IRR #YR-> 10 Price & Dividend CDN$
P/E on Running 5 yr Average -75.39 -59.31 72.11 27.74 12.41 14.04 12.24 8.44 11.70 29.45 -4.02 -1.67 -2.61 -21.08% <-IRR #YR-> 5 Price & Dividend CDN$
P/E on Running 10 yr Average 15.09 19.49 27.98 30.14 20.38 31.38 28.42 14.78 15.03 17.83 -18.34 -6.54 -10.13 15.47 P/E Ratio Historical Median CDN$
Median 10, 5 Yrs D.  per yr 2.70% 1.54% % Tot Ret -46.86% -7.29% Price Inc -26.06% P/E:  10.28 -0.74 Count 31 Years of data
-$3.57 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.48
-$5.32 $0.00 $0.00 $0.00 $0.00 $1.48
-$3.57 $0.00 $0.05 $0.10 $0.10 $0.10 $0.10 $0.10 $0.10 $0.00 $1.48
-$5.32 $0.10 $0.10 $0.10 $0.00 $1.48
Month Aug Dec Jul 07 Jun 08 Jan 10 Mar10 Apr 11 Feb Oct Jan Jan Dec Jan
Price High CDN$ $3.60 $4.45 $6.72 $8.97 $5.53 $6.10 $7.14 $4.87 $5.35 $4.64 $4.20 $2.17 $2.75 -51.24% <-Total Growth 10 Stock Price CDN$
Increase -48.57% 23.61% 51.01% 33.48% -38.35% 10.31% 17.05% -31.79% 9.86% -13.27% -9.48% -48.33% 26.73% -6.93% <-IRR #YR-> 10 Stock Price CDN$
P/E 24.21 26.96 41.92 12.92 13.27 14.49 14.94 15.30 16.23 -5.40 -1.18 -3.37 -41.93 -21.20% <-IRR #YR-> 5 Stock Price CDN$
Trailing P/E -48.41 29.92 40.71 55.96 7.96 14.64 16.96 10.19 16.80 14.07 -4.89 -0.61 -4.27 19.79 P/E Ratio Historical Median CDN$
Median 10, 5 Yrs Price Inc -13.27% P/E:  13.88 -1.18 30.47 P/E Ratio Historical High CDN$
-$4.45 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.17
-$7.14 $0.00 $0.00 $0.00 $0.00 $2.17
Month Mar Mar Mar 07 Oct 08 Mar 09 Aug 10 Dec 11 Nov Jan Sep Aug Feb Jan
Price Low CDN$ $2.30 $2.68 $2.79 $3.17 $2.34 $4.33 $3.49 $2.99 $3.84 $3.47 $1.11 $0.78 $2.28 -70.90% <-Total Growth 10 Stock Price CDN$
Increase 3.60% 16.52% 4.10% 13.62% -26.18% 85.04% -19.40% -14.33% 28.43% -9.64% -68.01% -29.73% 192.31% -11.61% <-IRR #YR-> 10 Stock Price CDN$
P/E 15.47 16.23 17.41 4.56 5.61 10.29 7.30 9.39 11.65 -4.04 -0.31 -1.21 -34.77 -25.89% <-IRR #YR-> 5 Stock Price CDN$
Trailing P/E -30.93 18.02 16.90 19.78 3.37 10.39 8.29 6.26 12.06 10.52 -1.29 -0.22 -3.54 11.21 P/E Ratio Historical Median CDN$
Median 10, 5 Yrs Price Inc -14.33% P/E:  6.46 -0.31 -0.85 P/E Ratio Historical Low CDN$
-2.68 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.78
-$3.49 $0.00 $0.00 $0.00 $0.00 $0.78
Month, Year Class A Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Dec-11 Dec-12 Dec-13 Dec-14 Dec-15 Dec-16 Dec-17 Dec-18 Dec-19
Price Close  $3.02 $4.48 $4.96 $3.85 $5.04 $5.72 $4.06 $3.83 $4.60 $4.13 $2.33 $2.33 $2.47 $2.47 $2.47 -47.99% <-Total Growth 10 Stock Price CDN$
Increase 7.86% 48.34% 10.71% -22.38% 30.91% 13.49% -29.02% -5.67% 20.10% -10.22% -43.58% 0.00% 6.01% 0.00% 0.00% -6.33% <-IRR #YR-> 10 Stock Price CDN$
P/E 15.47 16.23 17.41 4.56 5.61 10.29 7.30 9.39 11.65 -4.04 -0.31 -1.21 -34.77 0.00 0.00 -10.51% <-IRR #YR-> 5 Stock Price CDN$
Trailing P/E -30.93 18.02 16.90 19.78 3.37 10.39 8.29 6.26 12.06 10.52 -1.29 -0.22 -3.54 0.00 0.00 -4.39% <-IRR #YR-> 10 Price & Dividend CDN$
Median 10, 5 Yrs D.  per yr 1.94% 1.71% % Tot Ret -44.22% -19.40% Price Inc -5.67% P/E:  6.46 -0.31 -8.80% <-IRR #YR-> 5 Price & Dividend CDN$
-4.48 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.33
-$4.06 $0.00 $0.00 $0.00 $0.00 $2.33
-4.48 $0.00 $0.05 $0.10 $0.10 $0.10 $0.10 $0.10 $0.10 $0.00 $2.33
-$4.06 $0.10 $0.10 $0.10 $0.00 $2.33
Month, Year Jan-06 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Dec-11 Dec-12 Dec-13 Dec-14 Dec-15 Dec-16 Dec-17 Dec-18 Dec-19
Price Close US$ $2.60 $3.80 $4.94 $3.06 $4.74 $5.70 $3.95 $3.81 $4.35 $3.59 $0.96 $1.61 $1.84 $1.84 $1.84 -57.62% <-Total Growth 10 Stock Price US$
Increase 23.23% 45.85% 30.06% -37.99% 54.70% 20.25% -30.70% -3.54% 14.17% -17.47% -73.26% 67.71% 14.29% 0.00% 0.00% -8.23% <-IRR #YR-> 10 Stock Price US$
P/E 20.04 27.14 30.88 5.47 12.15 13.57 8.40 11.91 14.03 -4.85 -0.37 -3.35 -36.80 61.33 14.15 -16.43% <-IRR #YR-> 5 Stock Price US$
Trailing P/E -43.41 29.22 35.29 19.15 8.46 14.62 9.40 8.11 13.59 11.58 -1.30 -0.62 -3.83 -36.80 61.33 -5.87% <-IRR #YR-> 10 Price & Dividend US$
Median 10, 5 Yrs D.  per yr 2.36% 1.76% % Tot Ret -40.18% -11.98% Price Inc -3.54% P/E:  10.16 -0.37 -14.67% <-IRR #YR-> 5 Price & Dividend US$
-3.80 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.61
-$3.95 $0.00 $0.00 $0.00 $0.00 $1.61
-3.80 $0.00 $0.04 $0.09 $0.10 $0.10 $0.10 $0.09 $0.09 $0.00 $1.61
-$3.95 $0.10 $0.09 $0.09 $0.00 $1.61
Price Med H/L US$ $2.58 $3.02 $4.75 $4.89 $3.62 $5.28 $5.42 $3.92 $4.55 $3.72 $2.21 $1.08 $1.89 -64.44% <-Total Growth 10 Stock Price US$
Increase -30.67% 17.24% 57.00% 3.11% -26.14% 46.06% 2.56% -27.70% 16.22% -18.35% -40.65% -51.25% 75.81% -9.82% <-IRR #YR-> 10 Stock Price US$
P/E -370.79% 156.22% 230.62% -94.54% -939.82% 276.22% -94.45% -1183.41% 158.55% -213.14% -121.48% -26.08% 247.94% -27.63% <-IRR #YR-> 5 Stock Price US$
Trailing P/E -42.98 23.26 33.90 30.59 6.46 13.54 12.89 8.33 14.22 11.98 -2.98 -0.42 -3.94 -6.63% <-IRR #YR-> 10 Price & Dividend US$
P/E on Running 5 yr Average -104.14 -99.57 74.84 26.31 13.10 15.81 13.54 9.06 11.91 23.81 -4.97 -1.70 -2.67 -26.12% <-IRR #YR-> 5 Price & Dividend US$
P/E on Running 10 yr Average 19.10 23.71 38.47 31.74 22.78 34.15 29.30 15.80 16.02 17.20 -40.09 -9.19 -13.70 #DIV/0! P/E Ratio Historical Median US$
Median 10, 5 Yrs D.  per yr 3.20% 1.50% % Tot Ret -48.27% -5.76% Price Inc -27.70% P/E:  -0.94 -1.21 Count 26 Years of data
-3.02 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.08
-$5.42 $0.00 $0.00 $0.00 $0.00 $1.08
-3.02 $0.00 $0.04 $0.09 $0.10 $0.10 $0.10 $0.09 $0.09 $0.00 $1.08
-$5.42 $0.10 $0.09 $0.09 $0.00 $1.08
Month Aug Dec Jul 07 Jun 08 Jan 10 Mar10 Apr11 Feb Oct Jan Jan Dec Jan
Price High US$ $3.15 $3.77 $6.71 $7.23 $5.44 $6.23 $7.48 $4.83 $5.17 $4.35 $3.57 $1.61 $2.11 -57.34% <-Total Growth 10 Stock Price US$
Increase -44.28% 19.92% 77.75% 7.82% -24.78% 14.52% 20.06% -35.43% 7.04% -15.86% -17.93% -54.90% 31.06% -8.17% <-IRR #YR-> 10 Stock Price US$
P/E 24.21 26.96 41.92 12.92 13.95 14.83 15.91 15.09 16.68 -5.88 -1.38 -3.35 -42.20 -26.45% <-IRR #YR-> 5 Stock Price US$
Trailing P/E -52.45 29.03 47.91 45.20 9.71 15.97 17.81 10.28 16.16 14.03 -4.82 -0.62 -4.40 19.79 P/E Ratio Historical Median US$
Median 10, 5 Yrs Price Inc -17.93% P/E:  14.39 -1.38 30.47 P/E Ratio Historical High US$
-3.77 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.61
-$7.48 $0.00 $0.00 $0.00 $0.00 $1.61
Month Mar Mar Mar 07 Oct 08 Mar 09 Aug 10 Dec 11 Nov Jan Oct Aug Feb Jan
Price Low US$ $2.01 $2.27 $2.78 $2.56 $1.79 $4.33 $3.35 $3.00 $3.93 $3.08 $0.84 $0.54 $1.67 -76.24% <-Total Growth 10 Stock Price US$
Increase 12.25% 13.04% 22.54% -8.22% -29.97% 141.90% -22.63% -10.45% 31.00% -21.63% -72.73% -35.71% 209.26% -13.39% <-IRR #YR-> 10 Stock Price US$
P/E 15.47 16.23 17.41 4.56 4.59 10.31 7.13 9.38 12.68 -4.16 -0.33 -1.13 -33.40 -30.58% <-IRR #YR-> 5 Stock Price US$
Trailing P/E -33.51 17.48 19.89 15.97 3.20 11.10 7.98 6.38 12.28 9.94 -1.14 -0.21 -3.48 11.54 P/E Ratio Historical Median US$
Median 10, 5 Yrs Price Inc -21.63% P/E:  5.86 -0.33 -0.81 P/E Ratio Historical Low US$
-2.27 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.54
-$3.35 $0.00 $0.00 $0.00 $0.00 $0.54
Debt US$ $4,645 $4,748 $5,360 $6,988 $7,627 $8,908 $8,738 Debt US$
Change 2.22% 12.89% 30.37% 9.14% 16.80% -1.91%
Ratio to Market Cap 0.47 0.70 0.81 0.92 1.22 4.13 2.42 <----- 0.92 <-Median-> 7 % of Market Cap US$
Debt CDN$ $4,655 $4,829 $5,333 $7,432 $8,848 $12,335 $11,733 Debt CDN$
Change 3.73% 10.44% 39.38% 19.05% 39.41% -4.89%
Ratio to Market Cap 0.47 0.69 0.82 0.93 1.23 4.10 2.42 <----- 0.93 <-Median-> 7 % of Market Cap CDN$
Goodwill and Intangibles US$ $2,358 $2,253 $2,325 $2,381 $2,127 $1,978 $1,855 Intangibles Goodwill US$
Change -4.45% 3.20% 2.41% -10.67% -7.01% -6.22%
Goodwill and Intangibles CDN$ $2,363 $2,291 $2,313 $2,532 $2,468 $2,739 $2,491 Intangibles Goodwill CDN$
Change -3.04% 0.95% 9.48% -2.56% 11.00% -9.07%
Ratio to Market Cap 0.24 0.33 0.36 0.32 0.34 0.91 0.51 0.34 <-Median-> 7 % of Market Cap CDN$
Market Cap US$ $4,546 $6,605 $8,551 $5,302 $8,199 $9,836 $6,809 $6,593 $7,566 $6,245 $2,157 $3,617 $4,134 $4,134 $0 -45.24% <-Total Growth 10 Market Cap US$
Market Cap M CDN$ $5,200 $7,789 $8,567 $6,576 $8,717 $9,871 $6,999 $6,506 $8,018 $7,220 $3,010 $4,853 $5,392 $5,392 $5,392 -37.70% <-Total Growth 10 Market Cap CDN$
Diluted # of Shares in Million 1,743.88 1,737.85 1,741.13 1,742.47 2,082.68 2,212.55 26.88% <-Total Growth 5 Diluted
Change -0.35% 0.19% 0.08% 19.53% 6.24% 0.19% <-Median-> 5 Change
Basic # of Shares in Millions 1,748.43 1,742.63 1,733.16 1,730.54 1,729.81 1,727.20 1,724.89 1,730.77 1,738.92 1,741.73 2,082.68 2,212.55 26.97% <-Total Growth 10 Average
Increase -0.11% -0.33% -0.54% -0.15% -0.04% -0.15% -0.13% 0.34% 0.47% 0.16% 19.58% 6.24% 0.06% <-Median-> 10 Change
Difference -0.2% -0.2% -0.1% 0.0% 0.0% -0.1% -0.1% 0.0% 0.0% -0.1% 7.9% 1.5% -0.02% <-Median-> 10 Difference
Class B 316.6 316.2 316.1 1409.4 1415.8 1424.8 1425.4 1932.5 1932.7 1932.7 1932.7 1932.7 511.39% <-Total Growth 8 Shares
Class A 1413.9 1413.4 1409.5 314.5 314.5 314.5 314.3 313.9 313.9 313.9 313.9 313.9 -77.73% <-Total Growth 8 Shares
pre split '00
# of Share in Millions 1,745 1,739 1,731 1730.4 1729.7 1725.6 1723.9 1730.4 1739.3 1739.7 2246.4 2246.6 2246.6 2246.6 2246.6 2.60% <-IRR #YR-> 10 Shares
Increase -0.31% -0.37% -0.46% -0.01% -0.05% -0.23% -0.10% 0.38% 0.52% 0.02% 29.13% 0.01% 0.00% 0.00% 0.00% 5.44% <-IRR #YR-> 5 Shares
CF fr Op $M US$ $754.0 $891.0 $2,333 $909 $552 $1,678 $243 $1,348 $1,380 $847 $20 $137 $247 $584 $1,123 -84.62% <-Total Growth 10 Cash Flow US$
Increase 57.08% 18.17% 161.84% -61.04% -39.27% 203.99% -85.52% 454.73% 2.37% -38.62% -97.64% 585.00% 80.38% 136.36% 92.31% S. Issue SO, Buy Back Class A to B
5 year Running Average $376 $597 $803 $1,073 $1,088 $1,273 $1,143 $946 $1,040 $1,099 $768 $746 $526 $367 $422 25.06% <-Total Growth 10 CF 5 Yr Running US$
CFPS US$ $0.43 $0.51 $1.35 $0.53 $0.32 $0.97 $0.14 $0.78 $0.79 $0.49 $0.01 $0.06 $0.11 $0.26 $0.50 -88.10% <-Total Growth 10 Cash Flow per Share US$
Increase 57.57% 18.61% 163.04% -61.03% -39.25% 204.69% -85.50% 452.66% 1.85% -38.64% -98.17% 584.95% 80.38% 136.36% 92.31% -17.08% <-IRR #YR-> 10 Cash Flow US$ -84.62%
5 year Running Average $0.25 $0.38 $0.46 $0.62 $0.63 $0.74 $0.66 $0.55 $0.60 $0.63 $0.44 $0.43 $0.29 $0.19 $0.19 -10.83% <-IRR #YR-> 5 Cash Flow US$ -43.62%
P/CF on Med Price 5.97 5.90 3.52 9.32 11.33 5.43 38.42 5.03 5.73 7.63 247.67 17.63 17.18 -19.17% <-IRR #YR-> 10 Cash Flow per Share US$ -88.10%
P/CF on Closing Price 6.03 7.41 3.67 5.83 14.85 5.86 28.02 4.89 5.48 7.37 107.83 26.40 16.73 7.08 3.68 -15.43% <-IRR #YR-> 5 Cash Flow per Share US$ -56.74%
97.40% Diff M/C 1.09% <-IRR #YR-> 10 CFPS 5 yr Running US$ 11.45%
Excl.Working Capital CF -$111.0 -$179.0 -$1,336 $746.0 $671.0 -$495.0 $931.0 -$502.0 -$635.0 $66.0 -$144.0 -$474.0 $0.0 $0.0 $0.0 -8.42% <-IRR #YR-> 5 CFPS 5 yr Running US$ -35.59%
CF fr Op $M WC US$ $643.0 $712.0 $997.0 $1,655.0 $1,223.0 $1,183.0 $1,174.0 $846.0 $745.0 $913.0 -$124.0 -$337.0 $247.1 $584.1 $1,123.3 -147.33% <-Total Growth 10 Cash Flow less WC US$
Increase 26.82% 10.73% 40.03% 66.00% -26.10% -3.27% -0.76% -27.94% -11.94% 22.55% -113.58% -171.77% 173.33% 136.36% 92.31% #NUM! <-IRR #YR-> 10 Cash Flow less WC US$ -147.33%
5 year Running Average $1,048 $781 $843 $903 $1,046 $1,154 $1,246 $1,216 $1,034 $972 $711 $409 $289 $257 $299 #NUM! <-IRR #YR-> 5 Cash Flow less WC US$ -128.71%
CFPS Excl. WC $0.37 $0.41 $0.58 $0.96 $0.71 $0.69 $0.68 $0.49 $0.43 $0.52 -$0.06 -$0.15 $0.11 $0.26 $0.50 -6.27% <-IRR #YR-> 10 CF less WC 5 Yr Run US$ -47.68%
Increase 27.22% 11.14% 40.67% 66.02% -26.07% -3.05% -0.66% -28.21% -12.39% 22.52% -110.52% -171.75% 173.33% 136.36% 92.31% -19.99% <-IRR #YR-> 5 CF less WC 5 Yr Run US$ -67.22%
5 year Running Average $0.69 $0.47 $0.48 $0.52 $0.60 $0.67 $0.72 $0.70 $0.60 $0.56 $0.41 $0.25 $0.17 $0.14 $0.13 #NUM! <-IRR #YR-> 10 CFPS - Less WC US$ -136.63%
P/CF on Med Price 7.00 7.38 8.24 5.12 5.11 7.70 7.95 8.01 10.62 7.08 -39.95 -7.17 17.18 #NUM! <-IRR #YR-> 5 CFPS - Less WC US$ -122.03%
P/CF on Closing Price 7.07 9.28 8.58 3.20 6.70 8.31 5.80 7.79 10.16 6.84 -17.39 -10.73 16.73 7.08 3.68 -6.18% <-IRR #YR-> 10 CFPS 5 yr Running US$ -47.17%
CF/-WC P/CF Med 10 yr 8.47 5 yr  7.63 P/CF Med 10 yr 7.39 5 yr  7.08 126.34% Diff M/C -19.27% <-IRR #YR-> 5 CFPS 5 yr Running US$ -65.70%
CF fr Op $M CDN$ $862.6 $1,051 $2,337 $1,127 $590 $1,682 $247 $1,341 $1,468 $983 $28 $184 $324 $766 $1,473 -82.49% <-Total Growth 10 Cash Flow CDN$
Increase 44.98% 21.81% 122.45% -51.76% -47.68% 185.10% -85.30% 442.68% 9.44% -33.05% -97.18% 564.20% 76.20% 136.36% 92.31% S. Issue SO, Buy Back Class A to B
5 year Running Average $502 $781 $852 $1,195 $1,194 $1,357 $1,197 $997 $1,066 $1,144 $813 $801 $597 $457 $555 2.57% <-Total Growth 10 CF 5 Yr Running CDN$
CFPS CDN$ $0.49 $0.60 $1.35 $0.65 $0.34 $0.97 $0.14 $0.78 $0.84 $0.56 $0.01 $0.08 $0.14 $0.34 $0.66 -86.45% <-Total Growth 10 Cash Flow CDN$
Increase 45.43% 22.26% 123.47% -51.76% -47.65% 185.76% -85.29% 440.65% 8.88% -33.07% -97.82% 564.15% 76.20% 136.36% 92.31% -15.99% <-IRR #YR-> 10 Cash Flow CDN$ -82.49%
5 year Running Average $0.34 $0.51 $0.49 $0.69 $0.69 $0.78 $0.69 $0.58 $0.62 $0.66 $0.47 $0.46 $0.33 $0.23 $0.25 -5.73% <-IRR #YR-> 5 Cash Flow CDN$ -25.57%
P/CF on Med Price 5.97 5.90 3.52 9.32 11.54 5.35 37.08 5.07 5.45 7.18 215.35 18.01 17.43 -18.12% <-IRR #YR-> 10 Cash Flow per Share CDN$ -86.45%
P/CF on Closing Price 6.03 7.41 3.67 5.83 14.78 5.87 28.32 4.85 5.46 7.35 108.69 26.38 16.63 7.04 3.66 -10.60% <-IRR #YR-> 5 Cash Flow per Share CDN$ -42.88%
101.68% Diff M/C -1.09% <-IRR #YR-> 10 CFPS 5 yr Running CDN$ -10.34%
Excl.Working Capital CF -$127.0 -$211.1 -$1,338 $925.2 $717.0 -$496.1 $946.8 -$499.4 -$675.4 $76.6 -$199.4 -$636.4 $0.0 $0.0 $0.0 -8.02% <-IRR #YR-> 5 CFPS 5 yr Running CDN$ -34.18%
CF fr Op $M WC CDN$ $735.6 $839.6 $998.8 $2,052.6 $1,306.9 $1,185.6 $1,194.0 $841.7 $792.4 $1,059.2 -$171.7 -$452.5 $324.1 $766.1 $1,473.3 -153.89% <-Total Growth 10 Cash Flow less WC CDN$
Increase 17.05% 14.14% 18.96% 105.51% -36.33% -9.28% 0.70% -29.50% -5.86% 33.67% -116.21% -163.52% 171.63% 136.36% 92.31% #NUM! <-IRR #YR-> 10 Cash Flow less WC CDN$ -153.89%
5 year Running Average $1,499.3 $1,008.5 $999.1 $1,051.0 $1,186.7 $1,276.7 $1,347.6 $1,316.2 $1,064.1 $1,014.6 $743.1 $413.8 $310.3 $305.0 $387.9 #NUM! <-IRR #YR-> 5 Cash Flow less WC CDN$ -137.90%
CFPS Excl. WC $0.42 $0.48 $0.58 $1.19 $0.76 $0.69 $0.69 $0.49 $0.46 $0.61 -$0.08 -$0.20 $0.14 $0.34 $0.66 -8.52% <-IRR #YR-> 10 CF less WC 5 Yr Run CDN$ -58.97%
Increase 17.42% 14.56% 19.51% 105.53% -36.30% -9.07% 0.81% -29.77% -6.34% 33.64% -112.55% -163.50% 171.63% 136.36% 92.31% -21.03% <-IRR #YR-> 5 CF less WC 5 Yr Run CDN$ -69.29%
5 year Running Average $0.99 $0.61 $0.57 $0.61 $0.68 $0.74 $0.78 $0.76 $0.62 $0.59 $0.43 $0.25 $0.19 $0.16 $0.17 #NUM! <-IRR #YR-> 10 CFPS - Less WC CDN$ -141.71%
P/CF on Med Price 7.00 7.38 8.24 5.12 5.21 7.59 7.67 8.08 10.09 6.66 -34.73 -7.32 17.43 #NUM! <-IRR #YR-> 5 CFPS - Less WC CDN$ -129.08%
P/CF on Closing Price 7.07 9.28 8.58 3.20 6.67 8.33 5.86 7.73 10.12 6.82 -17.53 -10.72 16.63 7.04 3.66 -8.36% <-IRR #YR-> 10 CFPS 5 yr Running CDN$ -58.23%
*Operational Cash Flow per share US$ CF/-WC P/CF Med 10 yr 8.25 5 yr  7.18 P/CF Med 10 yr 7.13 5 yr  6.66 133.46% Diff M/C -20.06% <-IRR #YR-> 5 CFPS 5 yr Running CDN$ -67.35%
-1,738.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2,246.6 Shares
-1,723.9 0.0 0.0 0.0 0.0 2,246.6 Shares
-$891 $0 $0 $0 $0 $0 $0 $0 $0 $0 $137 Cash Flow US$
-$243 $0 $0 $0 $0 $137 Cash Flow US$
-$0.51 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.06 Cash Flow per Share US$
-$0.14 $0.00 $0.00 $0.00 $0.00 $0.06 Cash Flow per Share US$
-$0.38 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.43 CFPS 5 yr Running US$
-$0.66 $0.00 $0.00 $0.00 $0.00 $0.43 CFPS 5 yr Running US$
-$712 $0 $0 $0 $0 $0 $0 $0 $0 $0 -$337 Cash Flow less WC US$
-$1,174 $0 $0 $0 $0 -$337 Cash Flow less WC US$
-$781 $0 $0 $0 $0 $0 $0 $0 $0 $0 $409 CF less WC 5 Yr Run US$
-$1,246 $0 $0 $0 $0 $409 CF less WC 5 Yr Run US$
-$0.41 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$0.15 CFPS - Less WC US$
-$0.68 $0.00 $0.00 $0.00 $0.00 -$0.15 CFPS - Less WC US$
-$0.47 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.25 CFPS 5 yr Running US$
-$0.72 $0.00 $0.00 $0.00 $0.00 $0.25 CFPS 5 yr Running US$
-$1,051 $0 $0 $0 $0 $0 $0 $0 $0 $0 $184 Cash Flow CDN$
-$247 $0 $0 $0 $0 $184 Cash Flow CDN$
-$0.60 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.08 Cash Flow per Share CDN$
-$0.14 $0.00 $0.00 $0.00 $0.00 $0.08 Cash Flow per Share CDN$
-$0.51 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.46 CFPS 5 yr Running CDN$
-$0.69 $0.00 $0.00 $0.00 $0.00 $0.46 CFPS 5 yr Running CDN$
-$840 $0 $0 $0 $0 $0 $0 $0 $0 $0 -$452 Cash Flow less WC CDN$
-$1,194 $0 $0 $0 $0 -$452 Cash Flow less WC CDN$
-$1,008 $0 $0 $0 $0 $0 $0 $0 $0 $0 $414 CF less WC 5 Yr Run CDN$
-$1,348 $0 $0 $0 $0 $414 CF less WC 5 Yr Run CDN$
OPM 5.1% 6.0% 13.3% 4.6% 2.9% 9.5% 1.3% 8.0% 7.6% 4.2% 0.1% 0.8% -86.06% <-Total Growth 10 OPM CDN$
Increase 65.83% 17.45% 121.61% -65.41% -38.16% 232.37% -86.02% 506.97% -5.43% -44.60% -97.39% 661.85% should be zero, it is a check on calculations CDN$
Diff from Ave 16.1% 36.4% 202.2% 4.5% -35.4% 114.8% -70.0% 82.3% 72.4% -4.5% -97.5% -81.0% 0.00 <-Median-> 10 OPM CDN$
*Operational Profit Margin (CF/Revenue) Ratio OPM 10 Yrs 4.41% 5 Yrs 4.21% Should increase or be stable. CDN$
Current Assets US$ 16,018 16,994 15,484 16,795 16,468 12,048 13,263 13,276 14,641 13,119 12,105 11,296 Liq ratio of 1.5 and up, best Assets US$
Current Liabilities 9,363 9,722 11,643 12,558 11,829 10,448 11,955 12,374 13,786 13,435 11,823 9,933 1.12 <-Median-> 10 Liabilities US$
Liquidity 1.71 1.75 1.33 1.34 1.39 1.15 1.11 1.07 1.06 0.98 1.02 1.14 1.06 <-Median-> 5 Ratio US$
Current Assets CDN$ 18,325 20,039 15,512 20,830 17,598 12,075 13,488 13,208 15,572 15,219 16,762 15,167 Liq ratio of 1.5 and up, best Assets CDN$
Current Liabilities 10,711 11,464 11,664 15,575 12,640 10,471 12,158 12,311 14,663 15,586 16,372 13,337 1.12 <-Median-> 10 Liabilities CDN$
Liquidity 1.71 1.75 1.33 1.34 1.39 1.15 1.11 1.07 1.06 0.98 1.02 1.14 1.06 <-Median-> 5 Ratio CDN$
Liq. with CF aft div 1.79 1.84 1.53 1.40 1.43 1.30 1.12 1.17 1.15 1.03 1.03 1.15 1.15 <-Median-> 5 Ratio CDN$
Liq. CF re  Inv+Div  1.79 1.61 1.47 1.39 1.35 1.16 1.06 1.00 0.98 0.88 0.89 1.03 0.98 <-Median-> 5 Ratio CDN$
Assets US$ $17,482 $18,577 $20,562 $21,306 $21,273 $23,430 $23,864 $25,790 $29,363 $27,614 $22,903 $22,826 Debt Ratio of 1.5 and up, best Assets US$
Liabilities $15,029 $15,797 $17,378 $18,696 $17,504 $19,078 $23,193 $24,413 $26,914 $27,559 $26,957 $26,315 1.07 <-Median-> 10 Liabilities US$
Debt Ratio 1.16 1.18 1.18 1.14 1.22 1.23 1.03 1.06 1.09 1.00 0.85 0.87 1.00 <-Median-> 5 Ratio US$
Long Term Debt $4,645 $4,748 $5,360 $6,988 $7,627 $8,908 $8,738 Long Term Debt US$
Debt-To-Capital Ratio 51.63% 87.62% 79.56% 74.05% 99.28% 183.52% 166.47% Debt-To-Capital Ratio US$
Assets CDN$ $19,999 $21,906 $20,599 $26,425 $22,732 $23,482 $24,270 $25,658 $31,230 $32,035 $31,715 $30,648 Debt Ratio of 1.5 and up, best Assets CDN$
Liabilities $17,193 $18,628 $17,409 $23,188 $18,705 $19,120 $23,587 $24,288 $28,626 $31,971 $37,329 $35,333 1.07 <-Median-> 10 Liabilities CDN$
Debt Ratio 1.16 1.18 1.18 1.14 1.22 1.23 1.03 1.06 1.09 1.00 0.85 0.87 1.00 <-Median-> 5 Ratio CDN$
Book Value US$ $2,453 $2,780 $3,184 $2,610 $3,769 $4,352 $671.0 $1,377.0 $2,449.0 $55.0 -$4,054.0 -$3,489.0 -$3,489.0 -$3,489.0 -$3,489.0 -225.50% <-Total Growth 10 Book Value US$
BV CDN$ check $2,806 $3,278 $3,190 $3,237 $4,028 $4,362 $682.4 $1,370.0 $2,604.8 $63.8 -$5,613.7 -$4,684.7 -$4,684.7 -$4,684.7 -$4,684.7 US$
Non-Control. Int US$ $28.0 $47.0 $66.0 $66.0 $68.0 $78.0 $32.0 $46.0 $23.0 $13.0 $13.0 $13.0 $13.0 $13.0 $13.0 -72.34% <-Total Growth 10 Non-Control. Int  US$
BV net of NCI $2,425 $2,733 $3,118 $2,544 $3,701 $4,274 $639 $1,331 $2,426.0 $42.0 -$4,067.0 -$3,502.0 -$3,502.0 -$3,502.0 -$3,502.0 US$
Preferred Shares US$ $347 $347 $347 $347 $347 $347 $347.0 $347.0 $347.0 $347.0 $347.0 $347.0 $347.0 $347.0 $347.0 0.00% <-Total Growth 10 Preferred Shares  US$
Net Book Value US$ $2,078 $2,386 $2,771 $2,197 $3,354 $3,927 $292.0 $984.0 $2,079.0 -$305.0 -$4,414.0 -$3,849.0 -$3,849.0 -$3,849.0 -$3,849.0 -261.32% <-Total Growth 10 Net Book Value  US$
Book Value per Share $1.19 $1.37 $1.60 $1.27 $1.94 $2.28 $0.17 $0.57 $1.20 -$0.18 -$1.96 -$1.71 -$1.71 -$1.71 -$1.71 -224.84% <-Total Growth 10 Book Value per Share US$
Change 6.84% 15.25% 16.67% -20.70% 52.73% 17.36% -92.56% 235.73% 110.20% -114.67% -1020.75% 12.81% 0.00% 0.00% 0.00% -140.64% P/B Ratio Current/10 Year Median US$
P/B Ratio (Median) 2.17 2.20 2.96 3.85 1.86 2.32 31.97 6.88 3.81 -21.19 -1.12 -0.63 -1.10 0.00 0.00 3.34 P/B Ratio Historical Median US$
P/B Ratio (Close) 2.19 2.77 3.09 2.41 2.44 2.50 23.32 6.70 3.64 -20.48 -0.49 -0.94 -1.07 -1.07 -1.07 #NUM! <-IRR #YR-> 10 Book Value US$ -224.84%
Change 15.34% 26.55% 11.47% -21.80% 1.29% 2.47% 831.02% -71.27% -45.68% -662.67% 97.61% -92.34% -14.29% 0.00% 0.00% #NUM! <-IRR #YR-> 5 Book Value US$ -1111.47%
Leverage (A/BK) 7.13 6.68 6.46 8.16 5.64 5.38 35.56 18.73 11.99 502.07 -5.65 -6.54 7.31 <-Median-> 10 A/BV US$
Debt/Equity Ratio 6.13 5.68 5.46 7.16 4.64 4.38 34.56 17.73 10.99 501.07 -6.65 -7.54 6.31 <-Median-> 10 Debt/Eq Ratio US$
Median P/BV 10 yr Med 2.64 5 yr Med -0.63 -140.64% Diff M/C 6.57 Historical Leverage (A/BK) US$
Book Value CDN$ $2,806 $3,278 $3,190 $3,237 $4,028 $4,362 $682.4 $1,370.0 $2,604.8 $63.8 -$5,613.7 -$4,684.7 -$4,684.7 -$4,684.7 -$4,684.7 -242.91% <-Total Growth 10 Book Value CDN$
Non-Control. Int CDN$ $32.0 $55.4 $66.1 $81.9 $72.7 $78.2 $32.5 $45.8 $24.5 $15.1 $18.0 $17.5 $17.5 $17.5 $17.5 -68.51% <-Total Growth 10
BV net of NCI $2,774 $3,223 $3,124 $3,155 $3,955 $4,283 $650 $1,324 $2,580.3 $48.7 -$5,631.7 -$4,702.1 -$4,702.1 -$4,702.1 -$4,702.1
Preferred Shares CDN$ $397 $409 $348 $430 $371 $348 $352.9 $345.2 $369.1 $402.6 $480.5 $465.9 $465.9 $465.9 $465.9 13.87% <-Total Growth 10 Preferred Shares  CDN$ Most of decline has to do with accting change in 2012
Net Book Value CDN$ $2,377 $2,814 $2,776 $2,725 $3,584 $3,936 $297.0 $979.0 $2,211.2 -$353.8 -$6,112.3 -$5,168.1 -$5,168.1 -$5,168.1 -$5,168.1 -283.68% <-Total Growth 10 Net Book Value  CDN$
Book Value per Share $1.36 $1.62 $1.60 $1.57 $2.07 $2.28 $0.17 $0.57 $1.27 -$0.20 -$2.72 -$2.30 -$2.30 -$2.30 -$2.30 -242.15% <-Total Growth 10 Book Value per Share CDN$
Change -1.39% 18.79% -0.88% -1.83% 31.59% 10.06% -92.45% 228.43% 124.71% -116.00% -1237.78% 15.45% 0.00% 0.00% 0.00% -130.46% P/B Ratio Current/10 Year Median CDN$
P/B Ratio (Median) 2.17 2.20 2.96 3.85 1.90 2.29 30.85 6.95 3.61 -19.94 -0.98 -0.64 3.37 P/B Ratio Historical Median CDN$
P/B Ratio (Close) 1.91 2.35 3.08 1.95 2.29 2.50 22.93 6.73 3.42 -17.65 -0.35 -0.70 -0.80 -0.80 0.00 #NUM! <-IRR #YR-> 10 Book Value CDN$ -242.15%
Change 24.97% 22.78% 31.21% -36.84% 17.56% 9.26% 817.47% -70.63% -49.19% -615.87% 98.00% -98.36% -14.29% 0.00% 100.00% #NUM! <-IRR #YR-> 5 Book Value CDN$ -1435.40%
Leverage (A/BK) 7.13 6.68 6.46 8.16 5.64 5.38 35.56 18.73 11.99 502.07 -5.65 -6.54 7.31 <-Median-> 10 A/BV CDN$
Debt/Equity Ratio 6.13 5.68 5.46 7.16 4.64 4.38 34.56 17.73 10.99 501.07 -6.65 -7.54 6.31 <-Median-> 10 Debt/Eq Ratio CDN$
Median P/BV 10 yr Med 2.63 5 yr Med -0.64 -130.46% Diff M/C 6.57 Historical Leverage (A/BK) CDN$
Comprehensive Income US$ -$539 $904 $1,406 -$2,191 -$4,909 -$1,591 Comprehensive Income US$
NCI -$4 $13 $7 $7 $5 -$27 NCI US$
Shareholders $341 $447 -$104 $1,319 $799 -$535 $891 $1,399 -$2,198 -$4,914 -$1,564 -558.65% <-Total Growth 10 Comprehensive Income US$
Increase 31.09% -123.27% 1368.27% -39.42% -166.96% 266.54% 57.01% -257.11% -123.57% 68.17% 57.01% <-Median-> 5 Comprehensive Income US$
5 Yr Running Average $560 $385 $474 $775 $71 -$1,071 -$1,277 #NUM! <-IRR #YR-> 10 Comprehensive Income US$ -449.89%
ROE US$ 12.3% 14.0% -4.0% 35.0% 18.4% -79.7% 64.7% 57.1% -3996.4% 121.2% 44.8% 23.93% <-IRR #YR-> 5 Comprehensive Income US$ -192.34%
5Yr Median 14.0% 14.0% 18.4% 35.0% 18.4% 57.1% 57.1% #NUM! <-IRR #YR-> 6 5 Yr Running Average US$ #DIV/0!
% Difference from NI 209.21% 222.72% 91.32% 266.02% 193.75% 72.18% 208.28% 310.57% -867.37% 200.06% 268.82% #NUM! <-IRR #YR-> 5 5 Yr Running Average US$ -431.57%
Median Values Diff 5, 10 yr 204.2% 208.3% 57.1% <-Median-> 5 Return on Equity US$
Current Liability Coverage Ratio US$ 0.07 0.07 0.09 0.13 0.10 0.11 0.10 0.07 0.05 0.07 -0.01 -0.03   CFO / Current Liabilities US$
5 year Median 0.07 0.09 0.10 0.10 0.10 0.10 0.07 0.07 0.05 0.05 <-Median-> 5 Current Liability Cov Ratio US$
Asset Efficiency Ratio US$ 3.68% 3.83% 4.85% 7.77% 5.75% 5.05% 4.92% 3.28% 2.54% 3.31% -0.54% -1.48% CFO / Total Assets US$
5 year Median 3.68% 3.68% 3.83% 3.83% 4.85% 5.05% 5.05% 5.05% 4.92% 3.31% 3.28% 2.54% 2.5% <-Median-> 5 Return on Assets  US$
Return on Assets ROA US$ 1.4% 1.4% 1.5% 4.7% 3.3% 3.3% 3.5% 2.3% 1.9% -4.6% -23.3% -4.5% Net  Income/Assets Return on Assets US$
5Yr Median -0.3% -0.3% 1.4% 1.4% 1.5% 3.3% 3.3% 3.3% 3.3% 2.3% 1.9% -4.5% -4.5% <-Median-> 5 Asset Efficiency Ratio US$
Return on Equity ROE US$ -12.0% -11.2% -11.4% -45.9% -21.1% -19.6% -286.6% -59.8% -27.1% -413.1% -121.1% -26.6% Net Inc/ Shareholders' equity Return on Equity US$
5Yr Median 2.7% 2.7% -11.2% -11.4% -12.0% -19.6% -21.1% -45.9% -27.1% -59.8% -121.1% -59.8% -59.8% <-Median-> 5 Return on Equity US$
Net Income US$ $837 $598 $572 -$1,246 -$5,340 -$981 Net Income US$
NCI $0 $10 $8 $14 $7 $41 NCI US$
Presferred $0 $0 $0 $0 $0 $0 Presferred US$
Shareholders $249 $268 $317 $1,008 $707 $769 $837 $588 $564 -$1,260 -$5,347 -$1,022 -$175 $85 $303 -481.34% <-Total Growth 10 Net Income US$
Increase 392.94% 7.63% 18.28% 217.98% -29.86% 8.77% 8.84% -29.75% -4.08% -323.40% -324.37% 80.89% 82.88% 148.69% 255.63% EPS/CF Ratio should not be higher than 1.00
5 Yr Running Average -$57.0 -$7.9 $136.3 $351.4 $509.8 $613.8 $727.6 $781.8 $693.0 $299.6 -$923.6 -$1,295.4 -$1,448.0 -$1,543.8 -$1,231.2 #NUM! <-IRR #YR-> 10 Net Income US$ -481.34%
Operating Cash Flow $754 $891 $2,333 $909 $552 $1,678 $243 $1,348 $1,380 $847 $20 $137 #NUM! <-IRR #YR-> 5 Net Income US$ -222.10%
Investment Cash Flow $1,334 -$1,419 -$487 -$181 -$704 -$1,173 -$798 -$1,950 -$2,261 -$2,261 -$1,734 -$1,195 66.53% <-IRR #YR-> 10 5 Yr Running Ave. US$ -16305.65%
Total Accruals -$1,839 $796 -$1,529 $280 $859 $264 $1,392 $1,190 $1,445 $154 -$3,633 $36 #NUM! <-IRR #YR-> 5 5 Yr Running Ave. US$ -278.04%
Total Assets $17,482 $18,577 $20,562 $21,306 $21,273 $23,430 $23,864 $25,790 $29,363 $27,614 $22,903 $22,826 Balance Sheet Assets US$
Accruals Ratio -10.52% 4.28% -7.44% 1.31% 4.04% 1.13% 5.83% 4.61% 4.92% 0.56% -15.86% 0.16% 0.56% <-Median-> 5 Ratio US$
Financial Cash Flow US$ -$907 $57 -$1,156 -$366 -$216 $216 -$227 $77 $1,723 $370 $2,049 $1,974 C F Statement  Financial Cash Flow US$
Total Accruals -$932 $739 -$373 $646 $1,075 $48 $1,619 $1,113 -$278 -$216 -$5,682 -$1,938 Accruals US$
Accruals Ratio -5.33% 3.98% -1.81% 3.03% 5.05% 0.20% 6.78% 4.32% -0.95% -0.78% -24.81% -8.49% -0.95% <-Median-> 5 Ratio US$
Comprehensive Income CDN$ -$548 $899 $1,495 -$2,542 -$6,798 -$2,136 Comprehensive Income CDN$
NCI -$4 $13 $7 $8 $7 -$36 NCI CDN$
Presferred $0 $0 $0 $0 $0 $0 Presferred CDN$
Shareholders $402 $448 -$129 $1,409 $801 -$544 $886 $1,488 -$2,550 -$6,805 -$2,100 -622.24% <-Total Growth 10 Comprehensive Income CDN$
Increase 11.36% -128.80% 1192.74% -43.19% -167.95% 262.92% 67.86% -271.37% -166.86% 69.14% 67.9% <-Median-> 5 Comprehensive Income CDN$
5 Yr Running Average $586 $397 $485 $808 $16 -$1,505 -$1,816 #NUM! <-IRR #YR-> 10 Comprehensive Income CDN$ -568.95%
ROE CDN$ 12.3% 14.0% -4.0% 35.0% 18.4% -79.7% 64.7% 57.1% -3996.4% 121.2% 44.8% 31.01% <-IRR #YR-> 5 Comprehensive Income CDN$ -285.96%
5Yr Median 14.0% 14.0% 18.4% 35.0% 18.4% 57.1% 57.1% #NUM! <-IRR #YR-> 6 5 Yr Running Average CDN$ #DIV/0!
% Difference from NI 9.2% 22.7% -108.7% 66.0% -6.2% -127.8% 8.3% 110.6% 867.4% -200.1% -268.8% #NUM! <-IRR #YR-> 5 5 Yr Running Average CDN$ -557.44%
Median Values Diff 5, 10 yr 1.0% 8.3% 57.1% <-Median-> 5 Return on Equity CDN$
Current Liability Coverage Ratio CDN$ 0.07 0.07 0.09 0.13 0.10 0.11 0.10 0.07 0.05 0.07 -0.01 -0.03   CFO / Current Liabilities CDN$
5 year Median 0.07 0.07 0.07 0.09 0.10 0.10 0.10 0.10 0.07 0.07 0.05 0.05 <-Median-> 5 Current Liability Cov Ratio CDN$
Asset Efficiency Ratio CDN$ 3.68% 3.83% 4.85% 7.77% 5.75% 5.05% 4.92% 3.28% 2.54% 3.31% -0.54% -1.48% CFO / Total Assets CDN$
5 year Median 3.68% 3.68% 3.83% 3.83% 4.85% 5.05% 5.05% 5.05% 4.92% 3.31% 3.28% 2.54% 2.5% <-Median-> 5 Return on Assets  CDN$
Return on Assets ROA CDN$ 1.4% 1.4% 1.5% 4.7% 3.3% 3.3% 3.5% 2.3% 1.9% -4.6% -23.3% -4.5% Net  Income/Assets Return on Assets CDN$
5Yr Median -0.3% -0.3% 1.4% 1.4% 1.5% 3.3% 3.3% 3.3% 3.3% 2.3% 1.9% -4.5% -4.5% <-Median-> 5 Asset Efficiency Ratio CDN$
Return on Equity ROE CDN$ 12.0% 11.2% 11.4% 45.9% 21.1% 19.6% 286.6% 59.8% 27.1% -413.1% -121.1% -26.6% Net Inc/ Shareholders' equity Return on Equity CDN$
5Yr Median -3.3% -3.3% 11.2% 11.4% 12.0% 19.6% 21.1% 45.9% 27.1% 27.1% 27.1% -26.6% -26.6% <-Median-> 5 Return on Equity CDN$
Net Income CDN$ $851 $595 $608 -$1,445 -$7,395 -$1,317 Net Income CDN$
NCI $0 $10 $9 $16 $10 $55 NCI CDN$
Presferred $0 $0 $0 $0 $0 $0 Presferred CDN$
Shareholders $285 $316 $318 $1,250 $756 $771 $851 $585 $600 -$1,462 -$7,404 -$1,372 -$230 $112 $397 -534.22% <-Total Growth 10 Net Income CDN$
Increase 370.37% 10.94% 0.49% 293.67% -39.57% 2.01% 10.45% -31.28% 2.54% -343.67% -406.54% 81.47% 83.27% 148.69% 255.63% EPS/CF Ratio should not be higher than 1.00 CDN$
5 Yr Running Average -$97.7 -$41.7 $144.8 $412.7 $584.8 $682.0 $789.0 $842.5 $712.5 $269.0 -$1,366.0 -$1,810.7 -$1,973.6 -$2,071.2 -$1,699.4 #NUM! <-IRR #YR-> 10 Net Income CDN$ -534.22%
Operating Cash Flow $863 $1,051 $2,337 $1,127 $590 $1,682 $247 $1,341 $1,468 $983 $28 $184 #NUM! <-IRR #YR-> 5 Net Income CDN$ -261.21%
Investment Cash Flow $1,526 -$1,673 -$488 -$224 -$752 -$1,176 -$812 -$1,940 -$2,405 -$2,623 -$2,401 -$1,605 45.81% <-IRR #YR-> 10 5 Yr Running Ave. CDN$ -4242.63%
Total Accruals -$2,104 $939 -$1,532 $347 $918 $265 $1,416 $1,184 $1,537 $179 -$5,031 $48 #NUM! <-IRR #YR-> 5 5 Yr Running Ave. CDN$ -329.48%
Total Assets $19,999 $21,906 $20,599 $26,425 $22,732 $23,482 $24,270 $25,658 $31,230 $32,035 $31,715 $30,648 Balance Sheet Assets CDN$
Accruals Ratio -10.52% 4.28% -7.44% 1.31% 4.04% 1.13% 5.83% 4.61% 4.92% 0.56% -15.86% 0.16% 0.56% <-Median-> 5 Ratio CDN$
EPS/CF Ratio 0.35 0.34 0.28 0.59 0.55 0.61 0.69 0.65 0.72 -1.41 46.74 3.20 0.63 <-Median-> 10 EPS/CF Ratio CDN$
Chnge in Close 13.74% 50.34% 10.49% -23.23% 32.63% 13.49% -29.02% -7.39% 22.61% -9.98% -67.71% 61.19% 11.11% 0.00% 0.00% Count 22 Years of data CDN$
up/down up up down up  Count 13 59.09% CDN$
Meet Prediction? yes % right Count 4 30.77% CDN$
Financial Cash Flow CDN$ -$1,038 $67 -$1,158 -$454 -$231 $216 -$231 $77 $1,833 $429 $2,837 $2,650 C F Statement  Financial Cash Flow CDN$
Total Accruals -$1,066 $871 -$374 $801 $1,149 $48 $1,647 $1,107 -$296 -$251 -$7,868 -$2,602 Accruals CDN$
Accruals Ratio -5.33% 3.98% -1.81% 3.03% 5.05% 0.20% 6.78% 4.32% -0.95% -0.78% -24.81% -8.49% -0.95% <-Median-> 5 Ratio CDN$
Cash US$ $3,372 $2,896 $3,397 $2,489 $2,720 $2,720 Cash US$
Cash CDN$ $3,429 $2,881 $3,613 $2,887 $3,767 $3,652 Cash CDN$
Cash per Share $1.99 $1.67 $2.08 $1.66 $1.68 $1.63 $1.67 <-Median-> 5 Cash per Share CDN$
Percentage of Stock Price 49.00% 44.28% 45.06% 40.00% 125.12% 75.26% 45.06% <-Median-> 5 % of Stock Price CDN$
Bombardier’s C Series 'not a great match' for what the world is looking for: WestJet CEO
http://www.theglobeandmail.com/report-on-business/video/video-bombardiers-cseries-not-a-great-match-for-what-the-world-is-looking-for-westjet-ceo/article28665984/
http://www.theglobeandmail.com/report-on-business/trudeau-said-to-tie-bombardier-aid-to-governance--changes/article28606149/changes/article28606149/ 
http://business.financialpost.com/2015/02/12/bombardier-inc-ceo-pierre-beaudoin-steps-down-as-plane-maker-takes-1-4-billion-charge-on-learjet/
Ex-Bombardier CEO Pierre Beaudoin Took 14% Pay Cut After Company Underperformed:
http://www.huffingtonpost.ca/2015/03/31/former-bombardier-ceo-too_n_6978730.html
Notes:
February 19, 2017.  Last estimaes were for 2016, 2017 and 2018 of $17251M, $18200M and $19454M US$ for Revenue, -$0.04, $0.02 and $0.08 for EPS US$, 
$0.14, $0.30 and $0.36 for CFPS US$ and -$104M, $71M and $177M for Net Income US$.
February 20, 2016.  Last estimates were for 2015, 2016 and 2017 of $20400M, $21666M and $22260M US$ for Revenue, $0.30, $0.28 and $0.40 US$ for EPS,
 $0.53, $0.54 and $0.52 US$ for CFPS and $553M, $518M and $485M US$ for Net Income.
February 14, 2015.  Last estimates were for 2014, 2015 and 2016 of $19635M, $20741M and $23689M US$ for Revenue, $0.42, $0.48 and $0.42 US$ for EPS, 
$0.84 and $0.92 US$ for CFPS for 2014 and 2015 and $777M, $871M and $917M US$ for Net Income.
February 15, 2014.  Last estimates were for 2013 and 2014 of $20,826M and $22,192M US$ for Revenue and $0.43 and $0.51 EPS US$
Feb 22, 2013.  Last Estimates were for 2012, 2013 and 2014 of $19103M and $20462M Revenue CDN$, $.047, $0.56 and $0.64 EPS CDN$ and $0.78 and 0.88 CFPS CDN$.
April 14, 2012.  Estimates were to Jan 2012, 2013. Rev was $17,641M  and $18,678M US$, EPS was $.46 and $.54 US$
Annual statement said that BA (Bombardier Aeospace) was reporting to January 31 and BT (Bombardier Transportation was reporting to Dec 31.  
For Dec 31, 2012, FA reporting 11 months and BT 12 months.
Apr 22, 2010.  When I last looked at this stock, I picked up estimates for 2010 and 2011 of $.40 US and $.40 US and cash flow of $.7 US and $.8 US.
Sep 30, 2009.  When I last look at this stock in May 2009, I got EPS for 2010 and 2011 at .48 and .40 US$.  There is wide discrepancy in what people think earnings will be. 
May 9, 2009 AR 2009. In Jul I picked up earnings of $.51 US for this stock.  Earnings came in as $.57 US, diluted $.56 US.
I have had this stock since 1987and over that time I have made a return of 11% per year.  It had a huge rise and fall over last bubble of bull, bear market from 1998 - 2002.
I should of sold some when it got very high.  I recognized the problem with NorTel and sold half in the bubble of 2000-2001, but did not see a problem with this stock.
AR 2008.  Doing better, they are reinstating dividends for 2009 fin yr., increase in cash flow, most believe that EPS will increase for 2009 and Accrual Ratio is -7.4%
AR 2007.  Still doing badly. (However, over the time I have had this stock, it has done well.  IRR last 5 years is 12%, over life of stock is 14%
2006.  I should certainly consider sell, eventhough I will get a big capital gain.
2004.  My return on this stock went from 25% a year to 13%.  I will hold for now.  2004 issued shares to raise cash
2003.  Another bad year for Bombardier.  2003
2002. I still think that Bombardier is a keeper.  Lots of companies are having bad profit years this year. 2002
Controlling shareholder is Bombardier family.  
Multiple Voting Shares Classe A with 10 votes per Share; Subordinate Voting Shares Classe B with one vote per Share.
Bombardier/Beaudoin/Fontaine family controls approximately 53% of votes.
Sector:
What should this stock accomplish?
Would I buy this company and Why.
I still like this company, but it must be reconized that it is high risk.  Any company connected with Airplanes are high risk.
Dividends
Generally in cycle 1, with payments in January, April, July and October.   Dividends are declared for shareholders of a month and paid in that month.
For example, the dividend declared February 13, 2014 is for shareholders of record on March 14, 2014 is payable on March 31, 2014.
Note in 2012 and 1013, the April payment has come in in May not April. 
Misson Statement or closes thing I can find.
What I am looking for is a statement that the company wants to do well by their customer
For customers 
For employees 
For community 
For investors 
Why am I following this stock. 
I have followed this stock for a long time as I bought it in 1987.
Why I bought this stock.
The buying of this stock was part of my early foray into industrial stocks in 1987. Up until 2001, I was making some 35% return per annum on this stock.  
When the stock first dropped in 2002, I had still made some 28% return per annum on this stock.  Even by the lowest point in 2005,
I had made some 13% per annum on this stock.  By that time, it seemed to be turning itself around, so I never sold.  
How they make their money.
Bombardier is a world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services. 
Headquartered in Montreal, Canada, Bombardier has a presence in more than 60 countries. 
The Bombardier family controls 64% of the voting rights under this stock.
For most ratios, lower is better when looking for a good stock price.  However, there are exceptions such as for yield and asset/liability ratios and here you want a higher ratios to indicate a good stock price.  
Also, for the Operational Profit Margin, a higher percentage is better.  With the OPM, you should only compare companies in similar industries.
Shares; '%, Value $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M
Date Feb 23 2013 Feb 15 2014 Feb 14 2015 Feb 20 2016
Bellemare, Alain 0.000 0.00% 0.581 0.03% 0.000 0.00% B All 0
CEO Class B Share, Amount $0.000 $1.254 $0.000 B
Options - percentage 0.000 0.00% 7.602 0.39% 0.000 0.00%
Options - amount $0.000 $16.420 $0.000
John Di Bert 0.009 0.00% 0.000 0.00%
CFO - Shares - Amount $0.019 $0.000
Options - percentage 4.841 0.25% 0.000 0.00%
Options - amount $10.456 $0.000
Alary, Pierre 0.151 0.01% 0.277 0.02% 0.277 0.01%
CFO - Shares - Amount $0.696 $1.148 $0.372
Options - percentage 1.551 0.11% 1.797 0.13% 2.146 0.11%
Options - amount $7.148 $7.456 $2.875
David Coleal 0.000 0.00% 0.000 0.00%
Officer - Shares - Amount $0.000 $0.000
Options - percentage 4.484 0.23% 0.000 0.00%
Options - amount $9.685 $0.000
Arcamone, Michele 0.000 0.00% 0.000 0.00% 0.000 0.00%
Officer - Shares - Amount $0.000 $0.000 $0.000
Options - percentage 0.437 0.03% 0.682 0.05% 1.004 0.05%
Options - amount $2.015 $2.831 $1.345
Bachant, Raymond 0.040 0.00% 0.046 0.00% 0.041 0.00%
Officer - Shares - Amount $0.186 $0.062 $0.088
Options - percentage 0.806 0.06% 1.032 0.05% 1.409 0.07%
Options - amount $3.715 $1.383 $3.044
Bertling, Lutz 0.000 0.00%
Director - Shares - Amount $0.000
Options - percentage 2.751 0.14%
Options - amount $3.686
Bissonnette, Joanne 0.000 0.00% 0.006 0.00%
Director - Shares - Amount $0.000 $0.013
Options - percentage 0.117 0.01% 0.186 0.01%
Options - amount $0.157 $0.402
Bérard, André 0.005 0.00% 0.005 0.00%
Director - Shares - Amount $0.023 $0.021
Options - percentage 0.356 0.02% 0.407 0.03%
Options - amount $1.640 $1.690
Monty, Jean Claude 0.175 0.01% 0.175 0.01% 0.175 0.01% 0.000 0.00% B
Director $0.807 $0.235 $0.378 $0.000 B
Class A Shares 0.025 0.00% 0.025 0.01% 0.025 0.01% 0.000 0.00% A
Amount $0.115 $0.058 $0.058 $0.000 A
Options - percentage 0.486 0.03% 0.618 0.03% 0.000 0.00%
Options - amount $0.651 $1.334 $0.000
Beaudoin, Laurent 0.813 0.06% 0.813 0.06% 0.813 0.04% 7.863 0.41% 0.000 0.00% B
Director  Class B Share - Amount $3.746 $3.372 $1.089 $16.983 $0.000 B
Class A Shares 13.053 0.92% 13.053 4.15% 13.053 4.16% 13.053 4.16% 0.000 0.00% A
Amount $60.044 $53.909 $30.413 $30.413 $0.000 A
Options - percentage 0.000 0.00% 3.684 0.19% 2.110 0.11% 0.000 0.00%
Options - amount $0.000 $4.936 $4.557 $0.000
Bombardier, J.R. André 0.266 0.02% 0.266 0.02% 0.266 0.01% 7.336 0.38% 0.000 0.00% B
Director Class B $1.225 $1.103 $0.356 $15.846 $0.000 B
Class A Shares 65.401 4.59% 65.401 20.81% 65.401 20.83% 65.401 20.83% 0.000 0.00% A
Amount $300.845 $270.106 $152.384 $152.384 $0.000 A
Options - percentage 0.226 0.02% 0.275 0.01% 0.385 0.02% 0.000 0.00%
Options - amount $0.937 $0.369 $0.832 $0.000
Fontaine, Jean-Louis 0.006 0.00% 0.224 0.02% 0.006 0.00% 0.006 0.00% 0.000 0.00% B
Director Class B $0.030 $0.930 $0.009 $0.014 $0.000 B
Class A Shares 4.097 0.29% 0.006 0.00% 4.097 1.31% 4.097 1.31% 0.000 0.00% A
Amount $18.848 $0.027 $9.547 $9.547 $0.000 A
Options - percentage 4.097 0.29% 0.274 0.01% 0.384 0.02% 0.000 0.00%
Options - amount $17.005 $0.367 $0.829 $0.000
Beaudoin, Pierre 0.355 0.02% 0.764 0.05% 0.774 0.04% 0.792 0.04% 0.000 0.00% B
Chair Class B Share, Amount $1.636 $3.169 $1.037 $1.712 $0.000 B
Class A Share 0.513 0.04% 0.513 0.16% 0.513 0.16% 0.513 0.16% 0.000 0.00% A
Amount $2.359 $2.118 $1.195 $1.195 $0.000 A
Options - percentage 6.300 0.44% 7.105 0.50% 8.301 0.43% 11.843 0.61% 0.000 0.00%
Options - amount $29.045 $29.487 $11.123 $25.580 $0.000
Beaudoin, Claire 0.813 0.06% 0.813 0.06% 0.813 0.04% 61.123 3.16% B
10% Holder Class B $3.746 $3.372 $1.089 $132.027 B
Class A Shares 60.373 4.24% 62.723 19.96% 61.123 19.47% 7.883 2.51% A
Amount $277.718 $259.048 $142.418 $18.367 A
Options - percentage 4.097 0.29% 0.000 0.00% 0.000 0.00%
Options - amount $17.005 $0.000 $0.000
Bombardier, Janine 0.043 0.00% 0.043 0.00% 0.000 0.00% 7.113 0.37% B
10% Holder Class B $0.198 $0.178 $0.000 $15.364 B
Class A Shares 61.973 4.35% 61.973 19.72% 61.973 19.74% 61.973 19.74% A
Amount $285.078 $255.951 $144.398 $144.398 A
Options - percentage 4.097 0.29% 0.043 0.00% 0.000 0.00%
Options - amount $17.005 $0.058 $0.000
Fontaine, Huguette 0.000 0.00% 0.000 0.00% 0.000 0.00% 60.702 3.14% B
10% Holder Class B $0.000 $0.000 $0.000 $131.116 B
Class A Shares 60.702 4.26% 60.702 19.32% 60.702 19.34% 7.070 2.25% A
Amount $279.229 $250.699 $141.435 $16.473 A
Options - percentage 4.097 0.29% 0.000 0.00% 0.000 0.00%
Options - amount $17.005 $0.000 $0.000
Total Class A Shares 266.888 85.02% 160.016 50.98% A
Amount $621.849 $372.836 A
Total Class B Shares 3.170 0.16% 145.738 7.54% B
Amount $4.247 $195.289 B
Increase in O/S Shares 4.783 0.34% 5.805 0.41% 0.000 0.00% 0.000 0.00% 0.000 0.00% Yes 0 1,424.760 2013
due to SO  $17.985 $26.762 $0.000 $0.000 $0.000 0.379
Book Value $14.000 $38.000 $0.000 $0.000 $0.000 0.257
Insider Buying $0.000 $0.000 $0.000 Yes 0 1,425.395 2014
Insider Selling $0.157 $0.000 $0.000 Yes 0
Net Insider Selling $0.157 $0.000 $0.000 1,415.822 2012
% of Market Cap 0.005% 0.000% 0.000% 3.125
0.007
Directors 15 15 14 15 5.805
Women 3 20% 3 20% 3 21% 4 27% 1,424.760 2013
Minorities 0 0% 1 7% 1 7% 1 7% -1,424.760
Institutions/Holdings 175 20.60% 3 1.07% 1 0.93% 1 0.93%
Total Shares Held 296.718 17.06% 0.101 0.01% 0.088 0.00% 0.000 0.00% B
Increase/Decrease -5.636 -1.86% 0.001 1.10% 0.000 0.00% 0.000 #DIV/0!
Starting No. of Shares 302.355 0.100 0.088 0.000 Reuters
Institutions/Holdings 16 0.44% 14 18.00% 0 0.00%
Total Shares Held 6.310 0.44% 3.507 0.18% 0.000 0.00% B
Increase/Decrease -0.018 -0.28% -3.140 -47.24% 0.000 #DIV/0!
Starting No. of Shares 6.328 Nasdaq 6.647 Nasdaq 0.000 Nasdaq
Copyright © 2008 Website of SPBrunner. All rights reserved.
My stock