This report should not be construed as providing investment advice. It is for educational purposes only.  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		Use maybe BDGI to update this sheet?
See my website on stocks or see my blog at the following sites.							https://spbrunner.com/stocks.html				https://spbrunner.blogspot.com/
Element Fleet Management Corp					TSX	EFN	OTC	ELEEF	https://www.elementfleet.com/			Fiscal Yr:	Dec 31
Year	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	12/31/20	12/31/21	12/31/22	12/31/23	12/31/24	12/31/25	12/31/26		Value	Description	#Y	Item	Total G
Accounting Rules						IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS	IFRS					Accounting Rules
Currency													<--CDN$	US$-->
USD - CDN$	1.0170	0.9949	1.0636	1.1601	1.3847	1.3427	1.2545	1.3642	1.2988	1.2732	1.2678	1.3544	1.3226	1.4231	1.4231	1.4231		1.84%	<-IRR #YR->	5	USD - CDN$
Change	2.25%	-2.17%	6.91%	9.07%	19.36%	-3.04%	-6.57%	8.74%	-4.79%	-1.97%	-0.42%	6.83%	-2.35%	7.60%	0.00%	0.00%		2.06%	<-IRR #YR->	10	USD - CDN$
Exchange 5 years								-1.2988	0.0000	0.0000	0.0000	0.0000	1.4231
Exchange 10 years			-1.1601	0.0000	0.0000	0.0000	0.0000	0.0000	0.0000	0.0000	0.0000	0.0000	1.4231
														$1,081	<-12 mths	10.50%
Adjusted Net Revenue US$											$768.120	$817.372	$978.494
Change												6.41%	19.71%
														$1,539	<-12 mths	18.89%
Adjusted Net Revenue CDN$											$973.822	$1,107.049	$1,294.156									US$
Change												13.68%	16.90%									US$
														$1,011	<-12 mths	3.37%			Estimates		last 12 months from Qtr.
Service and other Revnue	$1.0	$8.3	$30.8	$108.4	$220.8	$382.6	$497.1	$417.8	$414.1	$411.9	$408.6	$464.4	$551.9					1689.20%	<-Total Growth	10	Service and other Revnue
Interest Income	$9.2	$49.4	$127.6	$257.6	$440.2	$494.3	$502.6	$478.1	$497.8	$410.6	$293.5	$326.2	$532.3					317.14%	<-Total Growth	10	Interest Income
Rental Revenue				$54.0	$120.0	$77.3	$383.8	$399.8	$573.0	$508.6	$558.4	$610.4	$819.9					1418.29%	<-Total Growth	9	Rental Revenue
Depreciation of Equipment									-$371.1	-$336.5	-$355.1	-$374.3	-$493.4
Total Revenue	$10.2	$57.7	$158.4	$420.0	$781.0	$954.2	$1,383.5	$1,295.7	$1,113.7	$994.6	$905.4	$1,026.7	$1,410.6
Revenue* US$	$5.81	$37.04	$106.80	$287.85	$547.39	$697.52	$758.89	$640.32	$765.40	$756.43	$768.12	$835.83	$978.49	$1,079.33	$656.59	$718.85		816.20%	<-Total Growth	10	Revenue
Increase		537.69%	188.34%	169.53%	90.16%	27.43%	8.80%	-15.62%	19.53%	-1.17%	1.54%	8.82%	17.07%	10.31%	-39.17%	9.48%		24.80%	<-IRR #YR->	10	Revenue	816.20%
5 year Running Average					$197.0	$335.3	$479.7	$586	$682	$724	$738	$753	$821	$883.6	$863.7	$853.8		8.85%	<-IRR #YR->	5	Revenue	52.81%
Revenue per Share	$0.09	$0.45	$0.57	$1.09	$1.42	$1.80	$2.00	$1.48	$1.77	$1.72	$1.90	$2.13	$2.51	$2.77	$1.69	$1.85		19.53%	<-IRR #YR->	8	5 yr Running Average	#DIV/0!
Increase	#DIV/0!	409.74%	26.73%	92.85%	30.04%	27.10%	10.73%	-25.92%	19.53%	-2.76%	10.37%	12.30%	18.07%	10.31%	-39.17%	9.48%		6.96%	<-IRR #YR->	5	5 yr Running Average	39.98%
5 year Running Average					$0.72	$1.06	$1.37	$1.56	$1.69	$1.75	$1.77	$1.80	$2.01	$2.21	$2.20	$2.19		16.10%	<-IRR #YR->	10	Revenue per Share	344.80%
P/S (Price/Sales) Med	0.00	11.06	14.86	8.85	5.07	4.60	4.27	3.62	3.93	4.55	5.71	5.41	5.79	28.30	0.00	0.00		11.21%	<-IRR #YR->	5	Revenue per Share	70.11%
P/S (Price/Sales) Close	53.94	12.66	18.67	9.07	6.80	5.08	3.79	3.41	4.78	6.15	5.39	6.41	6.41	7.27	11.95	10.91		13.63%	<-IRR #YR->	8	5 yr Running Average	#DIV/0!
*Sales in M US $					P/S Med	20 yr	5.07	15 yr	5.07	10 yr	4.83	5 yr	5.41		50.36%	Diff M/C		5.19%	<-IRR #YR->	5	5 yr Running Average	28.81%
			-$106.8	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$978.5
								-$640.3	$0.0	$0.0	$0.0	$0.0	$978.5
					-$197.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$820.9
								-$586.4	$0.0	$0.0	$0.0	$0.0	$820.9
			-$0.57	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$2.51
								-$1.48	$0.00	$0.00	$0.00	$0.00	$2.51
					-$0.72	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$2.01
								-$1.56	$0.00	$0.00	$0.00	$0.00	$2.01
														$1,338	<-12 mths	3.37%
Service and other Revnue	$1.057	$8.264	$32.806	$125.755	$305.731	513.656	$623.605	$569.984	$537.791	$524.406	$518.004	$629.049	$729.899					2124.89%	<-Total Growth	10	Service and other Revnue
Interest Income	$9.329	$49.106	$135.715	$298.868	$609.578	$663.760	$630.483	$652.291	$646.479	$522.785	$372.110	$441.807	$703.980					418.72%	<-Total Growth	10	Interest Income
Rental Revenue				$62.645	$166.152	$103.776	$481.466	$545.372	$744.224	$647.577	$707.960	$826.672	$1,084.359					1630.96%	<-Total Growth	9	Rental Revenue
Depreciation of Equipment									-$482.002	-$428.464	-$450.256	-$506.903	-$652.547
Total Revenue	$10.386	$57.370	$168.521	$487.268	$1,081.461	$1,281.192	$1,735.554	$1,767.647	$1,446.492	$1,266.304	$1,147.818	$1,390.625	$1,865.691
Revenue* CDN$	$5.907	$36.850	$113.592	$333.940	$757.999	$936.558	$952.027	$873.519	$994.101	$963.093	$973.822	$1,132.049	$1,294.156	$1,536.0	$934.4	$1,023.0		1039.30%	<-Total Growth	10	Revenue
Increase		523.84%	208.26%	193.98%	126.99%	23.56%	1.65%	-8.25%	13.80%	-3.12%	1.11%	16.25%	14.32%	18.69%	-39.17%	9.48%		27.55%	<-IRR #YR->	10	Revenue	1039.30%
5 year Running Average	$1.2	$8.6	$31.3	$98.1	$249.7	$435.8	$618.8	$771	$903	$944	$951	$987	$1,071.4	$1,179.8	$1,174.1	$1,183.9		8.18%	<-IRR #YR->	5	Revenue	48.15%
Revenue per Share	$0.09	$0.44	$0.60	$1.26	$1.96	$2.42	$2.50	$2.02	$2.29	$2.19	$2.40	$2.88	$3.33	$3.95	$2.40	$2.63		42.39%	<-IRR #YR->	10	5 yr Running Average	3326.45%
Increase	#DIV/0!	398.66%	35.49%	110.35%	55.23%	23.24%	3.46%	-19.44%	13.80%	-4.68%	9.90%	19.97%	15.30%	18.69%	-39.17%	9.48%		6.81%	<-IRR #YR->	5	5 yr Running Average	39.00%
5 year Running Average	$0.02	$0.11	$0.23	$0.48	$0.87	$1.34	$1.75	$2.03	$2.24	$2.28	$2.28	$2.36	$2.62	$2.95	$2.99	$3.04		18.65%	<-IRR #YR->	10	Revenue per Share	453.11%
P/S (Price/Sales) Med	46.07	13.35	18.25	8.71	6.77	4.70	4.48	3.36	4.05	4.83	5.58	5.29	5.90	6.51	0.06	0.00		10.52%	<-IRR #YR->	5	Revenue per Share	64.92%
P/S (Price/Sales) Close	53.94	16.00	23.29	8.90	6.84	5.11	3.80	3.43	4.83	6.12	5.36	6.40	6.48	7.19	11.82	12.34		27.72%	<-IRR #YR->	10	5 yr Running Average	1054.89%
*Sales in M CDN $					P/S Med	20 yr	5.58	15 yr	5.58	10 yr	5.06	5 yr	5.29		42.03%	Diff M/C		5.19%	<-IRR #YR->	5	5 yr Running Average	28.82%
			-$113.6	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$1,294.2
								-$873.5	$0.0	$0.0	$0.0	$0.0	$1,294.2
			-$31.3	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$1,071.4
								-$770.8	$0.0	$0.0	$0.0	$0.0	$1,071.4
			-$0.60	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$3.33
								-$2.02	$0.00	$0.00	$0.00	$0.00	$3.33
			-$0.23	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$2.62
								-$2.03	$0.00	$0.00	$0.00	$0.00	$2.62
														$451.40	<-12 mths	10.47%
														$1.10	<-12 mths	12.30%
Adjusted Net Income US$	-$6.0	-$6.5	-$1.6	$46.6	$175.5	$0.0	$0.0	$234.5	$334.8	$325.1	$305.8	$343.5	$408.6
Basic	-$0.54	-$0.08	-$0.01	$0.14	$0.57	$0.74	$0.69	$0.51	$0.66	$0.67	$0.66	$0.81	$1.00
AEPS* Dilued	-$0.54	-$0.08	-$0.01	$0.13	$0.56	$0.71	$0.66	$0.51	$0.64	$0.66	$0.65	$0.79	$0.98	$1.12	$1.22			10473.84%	<-Total Growth	10	AEPS
Increase		85.13%	88.31%	1475.23%	335.91%	25.53%	-6.49%	-23.55%	26.35%	3.24%	-1.97%	22.14%	23.46%	14.55%	9.43%			10	0	10	Years of Data, EPS P or N	100.00%
5 year Running Average					$0.01	$0.26	$0.41	$0.51	$0.62	$0.63	$0.62	$0.65	$0.74	$0.84	$0.95			#NUM!	<-IRR #YR->	10	AEPS	10473.84%
AEPS Yield	-11.46%	-1.42%	-0.09%	1.31%	5.85%	7.73%	8.74%	10.03%	7.56%	6.24%	6.33%	5.79%	6.05%	5.54%	6.06%			14.03%	<-IRR #YR->	5	AEPS	92.84%
Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	10.53%	30.12%	43.48%	21.69%	21.43%	31.71%	28.97%	37.21%	32.70%	29.89%			#NUM!	<-IRR #YR->	10	5 yr Running Average	#DIV/0!
5 year Running Average					0.00%	2.11%	8.13%	16.83%	21.16%	25.45%	29.68%	29.45%	28.20%	30.40%	32.10%			7.64%	<-IRR #YR->	5	5 yr Running Average	44.52%
Price/AEPS Median	0.00	-61.32	-893.62	74.60	12.74	11.72	12.88	10.58	10.87	11.85	16.73	14.58	14.94	70.26	0.00			12.81	<-Median->	10	Price/AEPS Median
Price/AEPS High	0.00	-70.23	-1178.94	85.11	10.39	14.11	16.18	15.37	14.02	16.03	19.04	18.39	17.00	19.34	0.00			16.10	<-Median->	10	Price/AEPS High
Price/AEPS Low	0.00	-52.41	-608.29	64.08	15.09	9.34	9.58	5.79	7.71	7.67	14.42	10.77	12.88	121.17	0.00			10.18	<-Median->	10	Price/AEPS Low
Price/AEPS Close	-8.73	-70.23	-1122.53	76.48	17.10	12.93	11.44	9.97	13.22	16.03	15.80	17.28	16.52	18.04	16.49			15.91	<-Median->	10	Price/AEPS Close
Trailing P/AEPS Close	#DIV/0!	-10.44	-131.25	-1051.80	74.55	16.23	10.70	7.62	16.71	16.55	15.49	21.10	20.39	20.67	18.04			16.39	<-Median->	10	Trailing P/AEPS Close
Median Values		DPR	10 Yrs	25.33%	5 Yrs	28.97%	P/CF	5 Yrs	in order	14.58	17.00	10.77	16.03		23.76%	Diff M/C					DPR 75% to 95% best
* Adjusted Earnings per Share
			$0.01	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.98
								-$0.51	$0.00	$0.00	$0.00	$0.00	$0.98
			$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.74
								-$0.51	$0.00	$0.00	$0.00	$0.00	$0.74
														$642.39	<-12 mths	18.87%
														$1.48	<-12 mths	14.73%
Adjusted Net Income CDN$	-$6.1	-$6.4	-$1.7	$54.1	$243.0	$0.0	$0.0	$319.9	$434.8	$413.9	$387.7	$465.3	$540.4
Basic	-$0.55	-$0.08	-$0.01	$0.16	$0.80	$1.00	$0.86	$0.70	$0.86	$0.85	$0.84	$1.10	$1.32					13300.00%	<-Total Growth	10	AEPS
AEPS* Dilued	-$0.55	-$0.08	-$0.01	$0.15	$0.78	$0.95	$0.83	$0.69	$0.83	$0.84	$0.82	$1.07	$1.29	$1.59	$1.74			13000.00%	<-Total Growth	10	AEPS
Increase		85.45%	87.50%	1600.00%	420.32%	21.72%	-12.63%	-16.87%	20.29%	1.20%	-2.38%	30.49%	20.56%	23.26%	9.43%			10	0	10	Years of Data, EPS P or N	100.00%
5 year Running Average					$0.06	$0.36	$0.54	$0.68	$0.82	$0.83	$0.80	$0.85	$0.97	$1.12	$1.30			#NUM!	<-IRR #YR->	10	AEPS	13000.00%
AEPS Yield	-11.46%	-1.13%	-0.07%	1.33%	5.82%	7.69%	8.74%	9.99%	7.48%	6.28%	6.37%	5.80%	5.98%	5.60%	6.13%			13.33%	<-IRR #YR->	5	AEPS	86.96%
Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	10.53%	30.12%	43.48%	21.69%	21.43%	31.71%	28.97%	37.21%	32.70%	29.89%			#NUM!	<-IRR #YR->	10	5 yr Running Average	#DIV/0!
5 year Running Average						2.11%	8.13%	16.83%	21.16%	25.45%	29.68%	29.45%	28.20%	30.40%	32.10%			7.36%	<-IRR #YR->	5	5 yr Running Average	42.63%
Price/AEPS Median	-7.45	-74.06	-1097.50	73.47	17.03	11.98	13.52	9.81	11.19	12.59	16.35	14.27	15.21	16.17	0.08			13.90	<-Median->	10	Price/AEPS Median
Price/AEPS High	-8.82	-88.75	-1480.00	81.80	20.44	13.93	17.25	14.01	14.08	16.43	18.32	18.26	17.18	18.99	0.00			17.22	<-Median->	10	Price/AEPS High
Price/AEPS Low	-6.09	-59.38	-715.00	65.13	13.62	10.03	9.80	5.61	8.29	8.75	14.39	10.28	13.25	13.34	0.00			10.16	<-Median->	10	Price/AEPS Low
Price/AEPS Close	-8.73	-88.75	-1400.00	75.07	17.19	13.01	11.45	10.01	13.36	15.93	15.71	17.24	16.71	17.86	16.32			15.82	<-Median->	10	Price/AEPS Close
Trailing P/AEPS Close	#DIV/0!	-12.91	-175.00	-1126.00	89.47	15.84	10.00	8.33	16.07	16.12	15.33	22.50	20.15	22.01	17.86			15.95	<-Median->	10	Trailing P/AEPS Close
Median Values		DPR	10 Yrs	25.33%	5 Yrs	28.97%	P/CF	5 Yrs	in order	14.27	17.18	10.28	15.93		25.12%	Diff M/C					DPR 75% to 95% best
* Adjusted Earnings per Share
			$0.01	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$1.29
								-$0.69	$0.00	$0.00	$0.00	$0.00	$1.29
			$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.97
								-$0.68	$0.00	$0.00	$0.00	$0.00	$0.97
														$0.85	<-12 mths	1.19%
EPS Basic US$	-$0.54	-$0.08	-$0.01	$0.14	$0.34	$0.73	$0.23	-$0.45	$0.09	$0.44	$0.60	$0.71	$0.85					9187.16%	<-Total Growth	10	EPS Basic
EPS Diluted*	-$0.54	-$0.08	-$0.01	$0.13	$0.33	$0.73	$0.23	-$0.45	$0.09	$0.44	$0.59	$0.69	$0.84	$0.95	$1.07	$1.21		9026.33%	<-Total Growth	10	EPS Diluted
Increase		85.13%	88.31%	1475.23%	156.92%	119.71%	-68.33%	-296.60%	120.33%	376.05%	34.50%	17.32%	20.92%	13.54%	12.46%	13.05%		9	1	10	Years of Data, EPS P or N	90.00%
Earnings Yield	-11.46%	-1.42%	-0.09%	1.31%	3.45%	7.98%	3.05%	-9.01%	1.09%	4.16%	5.79%	5.08%	5.21%	166.28%	208.37%	391.65%		#NUM!	<-IRR #YR->	10	Earnings per Share	9026.33%
5 year Running Average	-$0.11	-$0.12	-$0.13	-$0.10	-$0.03	$0.22	$0.28	$0.19	$0.19	$0.21	$0.18	$0.27	$0.53	$0.70	$0.83	$0.95		#NUM!	<-IRR #YR->	5	Earnings per Share	284.66%
10 year Running Average					-$0.02	$0.06	$0.08	$0.03	$0.04	$0.09	$0.20	$0.28	$0.36	$0.44	$0.52	$0.57		#NUM!	<-IRR #YR->	10	5 yr Running Average	521.35%
* Diluted ESP per share									E/P	10 Yrs	3.80%	5Yrs	5.08%					22.38%	<-IRR #YR->	5	5 yr Running Average	174.48%
			$0.01	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.84
								$0.45	$0.00	$0.00	$0.00	$0.00	$0.84
			$0.13	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.53
								-$0.19	$0.00	$0.00	$0.00	$0.00	$0.53
														$1.12	<-12 mths	1.19%
EPS Basic CDN$	-$0.55	-$0.08	-$0.01	$0.16	$0.47	$0.98	$0.29	-$0.62	$0.12	$0.56	$0.76	$0.96	$1.13					11400.00%	<-Total Growth	10	EPS Basic
EPS Diluted*	-$0.55	-$0.08	-$0.01	$0.15	$0.46	$0.98	$0.29	-$0.62	$0.12	$0.56	$0.75	$0.94	$1.11	$1.36	$1.53	$1.72		11200.00%	<-Total Growth	10	EPS Diluted
Increase		85.45%	87.50%	1600.00%	206.67%	113.04%	-70.41%	-313.79%	119.35%	366.67%	33.93%	25.33%	18.09%	22.16%	12.46%	13.05%		9	1	10	Years of Data, EPS P or N	90.00%
Earnings Yield	-11.46%	-1.13%	-0.07%	1.33%	3.43%	7.93%	3.05%	-8.97%	1.08%	4.19%	5.82%	5.09%	5.15%	4.78%	5.37%	5.31%		#NUM!	<-IRR #YR->	10	Earnings per Share	11200.00%
5 year Running Average	-$0.11	-$0.13	-$0.13	-$0.10	-$0.01	$0.30	$0.37	$0.25	$0.25	$0.27	$0.22	$0.35	$0.70	$0.94	$1.14	$1.33		#NUM!	<-IRR #YR->	5	Earnings per Share	279.03%
10 year Running Average					$0.00	$0.10	$0.12	$0.06	$0.07	$0.13	$0.26	$0.36	$0.47	$0.59	$0.70	$0.78		#NUM!	<-IRR #YR->	10	5 yr Running Average	643.75%
* Diluted ESP per share									E/P	10 Yrs	3.81%	5Yrs	5.09%					22.53%	<-IRR #YR->	5	5 yr Running Average	176.19%
			$0.01	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$1.11
								$0.62	$0.00	$0.00	$0.00	$0.00	$1.11
			$0.13	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.70
								-$0.25	$0.00	$0.00	$0.00	$0.00	$0.70
Dividend* US$														$0.37	$0.47	$0.53			Estimates		Dividend*
Increase														2.08%	27.46%	13.10%			Estimates		Increase
Payout Ratio EPS														38.88%	44.07%	44.08%			Estimates		Payout Ratio EPS
Special Dividends						$2.78	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00		$0.00	<-Median->	8	Special Dividends
Dividend*						$0.07	$0.20	$0.22	$0.14	$0.14	$0.21	$0.23	$0.36	$0.37	$0.37	$0.37		387.29%	<-Total Growth	7	Dividends
Increase							167.58%	10.35%	-36.98%	2.01%	45.06%	11.61%	58.56%	0.68%	0.00%	0.00%		6	1	7	Years of data, Count P, N	85.71%
Average Increases 5 Year Running										28.59%	37.60%	6.41%	16.05%	23.58%	23.18%	14.17%		22.32%	<-Median->	4	Average Incr 5 Year Running
Dividends 5 Yr Running									$0.68	$0.71	$0.18	$0.19	$0.22	$0.26	$0.31	$0.34		-68.46%	<-Total Growth	4	Dividends 5 Yr Running
Yield H/L Price						0.90%	2.34%	4.11%	2.00%	1.81%	1.90%	1.99%	2.49%	0.47%				1.99%	<-Median->	8	Yield H/L Price
Yield on High  Price						0.75%	1.86%	2.83%	1.55%	1.34%	1.67%	1.58%	2.19%	1.69%				1.62%	<-Median->	8	Yield on High  Price
Yield on Low Price						1.13%	3.14%	7.50%	2.81%	2.79%	2.20%	2.69%	2.89%	0.27%				2.80%	<-Median->	8	Yield on Low Price
Yield on Close Price						0.81%	2.63%	4.36%	1.64%	1.34%	2.01%	1.68%	2.25%	1.81%	1.81%	1.81%		1.84%	<-Median->	8	Yield on Close Price
Payout Ratio EPS						391.30%	86.21%	-48.39%	150.00%	32.14%	34.67%	32.98%	43.24%	38.35%	34.10%	30.16%		38.95%	<-Median->	8	DPR EPS
DPR EPS 5 Yr Running										342.24%	100.42%	68.50%	40.53%	37.06%	36.82%	35.39%		84.46%	<-Median->	4	DPR EPS 5 Yr Running
Payout Ratio CFPS						300.32%	157.06%	-48.15%	7.51%	2.85%	4.19%	4.84%	-14.32%	-142.28%	#VALUE!	#DIV/0!		4.52%	<-Median->	8	DPR CF
DPR CF 5 Yr Running						0.00%	0.00%	0.00%	103.27%	47.81%	7.95%	5.85%	7.75%	11.05%	#VALUE!	#DIV/0!		6.80%	<-Median->	8	DPR CF 5 Yr Running
Payout Ratio CFPS WC						161.00%	9.38%	14.85%	7.58%	8.84%	11.30%	3.63%	30.50%	-142.28%	#VALUE!	#DIV/0!		10.34%	<-Median->	8	DPR CF WC
DPR CF WC 5 Yr Running						0.00%	0.00%	0.00%	26.72%	40.37%	10.22%	7.17%	8.46%	12.24%	#VALUE!	#DIV/0!		7.81%	<-Median->	8	DPR CF WC 5 Yr Running
Median Values	10 Yr Med	10 Yr Cl	1.99%	1.84%	5 Yr Med	5 Yr Cl	1.99%	1.68%	5 Yr Med	Payout	34.67%	4.19%	8.84%					10.54%	<-IRR #YR->	5	Dividends	65.03%
* Dividends per share	10 Yr Med	and Cur.	-8.98%	-1.59%	5 Yr Med	and Cur.	-8.79%	8.09%	Last Div Inc --->		$0.850	$1.000	17.65%					25.39%	<-IRR #YR->	7	Dividends	#DIV/0!
Dividends Growth 15																		#NUM!	<-IRR #YR->	15	Dividends	#DIV/0!
Dividends Growth 20																		#NUM!	<-IRR #YR->	17	Dividends	#DIV/0!
Dividends Growth 5								-$0.22	$0.00	$0.00	$0.00	$0.00	$0.36								Dividends Growth 5
Dividends Growth 10						-$0.07	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.36								Dividends Growth 10
Dividends Growth 15	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.36								Dividends Growth 15
Dividends Growth 20	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.36								Dividends Growth 20
Historical Dividends	Historical	High Div	#NUM!	Low Div	#NUM!	10 Yr High	#NUM!	10 Yr Low	#NUM!	Med Div	1.99%	Close Div	1.84%								Historical Dividends
High/Ave/Median Values	Curr diff	#NUM!	#NUM!	#NUM!	#NUM!	#NUM!	#NUM!		#NUM!	Exp.	-8.92%	Exp.	-1.59%								High/Ave/Median
Future Dividend Yield					Div Yield	$0.03	earning in	5	Years	at IRR of	10.54%	Div Inc.	65.03%								Future Dividend Yield
Future Dividend Yield					Div Yield	4.94%	earning in	10	Years	at IRR of	10.54%	Div Inc.	172.36%								Future Dividend Yield
Future Dividend Yield					Div Yield	8.15%	earning in	15	Years	at IRR of	10.54%	Div Inc.	349.48%								Future Dividend Yield
Future Dividend Paid					Div Paid	$0.60	earning in	5	Years	at IRR of	10.54%	Div Inc.	65.03%								Future Dividend Paid
Future Dividend Paid					Div Paid	$1.00	earning in	10	Years	at IRR of	10.54%	Div Inc.	172.36%								Future Dividend Paid
Future Dividend Paid					Div Paid	$1.64	earning in	15	Years	at IRR of	10.54%	Div Inc.	349.48%								Future Dividend Paid
Dividend Covering Cost					Total Div	$2.25	over	5	Years	at IRR of	10.54%	Div Cov.	11.18%								Dividend Covering Cost
Dividend Covering Cost					Total Div	$5.37	over	10	Years	at IRR of	10.54%	Div Cov.	26.65%								Dividend Covering Cost
Dividend Covering Cost					Total Div	$10.52	over	15	Years	at IRR of	10.54%	Div Cov.	52.18%								Dividend Covering Cost
Dividend* CDN$														$0.49	$0.67	$0.76			Estimates		Dividend*
Increase														2.08%	37.14%	13.10%			Estimates		Increase
Payout Ratio EPS															44.07%	44.08%			Estimates		Payout Ratio EPS
Special Dividends Paid CDN$						$3.73	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00		$0.00	<-Median->	8	Special Dividends
Dividend*						$0.10	$0.25	$0.30	$0.18	$0.18	$0.26	$0.31	$0.48	$0.52	$0.52	$0.52		380.00%	<-Total Growth	7	Dividends
Increase							150.00%	20.00%	-40.00%	0.00%	44.44%	19.23%	54.84%	8.33%	0.00%	0.00%		5	1	7	Years of data, Count P, N	71.43%
Average Increases 5 Year Running										26.00%	34.89%	8.74%	15.70%	25.37%	25.37%	16.48%		20.85%	<-Median->	4	Average Incr 5 Year Running
Dividends 5 Yr Running									$0.91	$0.95	$0.23	$0.25	$0.28	$0.35	$0.42	$0.47		-69.11%	<-Total Growth	4	Dividends 5 Yr Running
Yield H/L Price						0.88%	2.23%	4.43%	1.94%	1.70%	1.94%	2.03%	2.45%	2.02%				1.98%	<-Median->	8	Yield H/L Price
Yield on High  Price						0.76%	1.75%	3.10%	1.54%	1.30%	1.73%	1.59%	2.17%	1.72%				1.66%	<-Median->	8	Yield on High  Price
Yield on Low Price						1.05%	3.08%	7.75%	2.62%	2.45%	2.20%	2.82%	2.81%	2.45%				2.71%	<-Median->	8	Yield on Low Price
Yield on Close Price						0.81%	2.63%	4.34%	1.62%	1.35%	2.02%	1.68%	2.23%	1.83%	1.83%	1.60%		1.85%	<-Median->	8	Yield on Close Price
Payout Ratio EPS						391.30%	86.21%	-48.39%	150.00%	32.14%	34.67%	32.98%	43.24%	38.35%	34.10%	30.16%		38.95%	<-Median->	8	DPR EPS
DPR EPS 5 Yr Running										356.75%	106.36%	70.29%	40.52%	37.11%	36.79%	35.31%		88.32%	<-Median->	4	DPR EPS 5 Yr Running
Payout Ratio CFPS						300.32%	157.06%	-48.15%	7.51%	2.85%	4.19%	4.84%	-14.32%	-153.09%	#VALUE!	#DIV/0!		4.52%	<-Median->	8	DPR CF
DPR CF 5 Yr Running						0.00%	0.00%	0.00%	104.41%	49.75%	8.09%	5.94%	7.84%	11.49%	#VALUE!	#DIV/0!		6.89%	<-Median->	8	DPR CF 5 Yr Running
Payout Ratio CFPS WC						161.00%	9.38%	14.85%	7.58%	8.84%	11.30%	3.63%	30.50%	-153.09%	#VALUE!	#DIV/0!		10.34%	<-Median->	8	DPR CF WC
DPR CF WC 5 Yr Running						0.00%	0.00%	0.00%	26.61%	41.34%	10.27%	7.12%	8.38%	12.41%	#VALUE!	#DIV/0!		7.75%	<-Median->	8	DPR CF WC 5 Yr Running
Median Values	10 Yr Med	10 Yr Cl	1.98%	1.85%	5 Yr Med	5 Yr Cl	1.94%	1.68%	5 Yr Med	Payout	34.67%	4.19%	8.84%					9.86%	<-IRR #YR->	5	Dividends	60.00%
* Dividends per share	10 Yr Med	and Cur.	-7.70%	-0.96%	5 Yr Med	and Cur.	-5.53%	9.01%	Last Div Inc --->		$0.100	$0.120	20.00%					25.12%	<-IRR #YR->	7	Dividends	#DIV/0!
Dividends Growth 15																		#NUM!	<-IRR #YR->	15	Dividends	#DIV/0!
Dividends Growth 20																		#NUM!	<-IRR #YR->	20	Dividends	#DIV/0!
Dividends Growth 5								-$0.30	$0.00	$0.00	$0.00	$0.00	$0.48								Dividends Growth 5
Dividends Growth 10						-$0.10	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.48								Dividends Growth 10
Dividends Growth 15	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.48								Dividends Growth 15
Dividends Growth 20	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.48								Dividends Growth 20
Historical Dividends	Historical	High Div	4.01%	Low Div	1.19%	10 Yr High	4.01%	10 Yr Low	1.19%	Med Div	1.98%	Close Div	1.85%								Historical Dividends
High/Ave/Median Values	Curr diff	Exp.	-54.32%	Cheap	53.92%	Exp.	-54.32%		53.92%	Exp.	-7.49%	Exp.	-0.96%								High/Ave/Median
Future Dividend Yield					Div Yield	2.93%	earning in	5	Years	at IRR of	9.86%	Div Inc.	60.00%								Future Dividend Yield
Future Dividend Yield					Div Yield	4.69%	earning in	10	Years	at IRR of	9.86%	Div Inc.	156.00%								Future Dividend Yield
Future Dividend Yield					Div Yield	7.50%	earning in	15	Years	at IRR of	9.86%	Div Inc.	309.60%								Future Dividend Yield
Future Dividend Paid					Div Paid	$0.83	earning in	5	Years	at IRR of	9.86%	Div Inc.	60.00%								Future Dividend Paid
Future Dividend Paid					Div Paid	$1.33	earning in	10	Years	at IRR of	9.86%	Div Inc.	156.00%								Future Dividend Paid
Future Dividend Paid					Div Paid	$2.13	earning in	15	Years	at IRR of	9.86%	Div Inc.	309.60%								Future Dividend Paid
Dividend Covering Cost					Total Div	$3.17	over	5	Years	at IRR of	9.86%	Div Cov.	11.15%								Dividend Covering Cost
Dividend Covering Cost					Total Div	$7.40	over	10	Years	at IRR of	9.86%	Div Cov.	26.06%								Dividend Covering Cost
Dividend Covering Cost					Total Div	$14.17	over	15	Years	at IRR of	9.86%	Div Cov.	49.92%								Dividend Covering Cost
Yield if held 5 years						2.44%	4.22%	2.73%	1.63%	1.35%	2.28%	2.76%	7.09%	5.60%	4.92%	3.88%		2.59%	<-Median->	8	Paid Median Price
Yield if held 10 years											6.34%	5.23%	4.37%	4.72%	3.91%	4.57%		5.23%	<-Median->	3	Paid Median Price
Yield if held 15 years																12.68%		#NUM!	<-Median->	0	Paid Median Price
Yield if held 20 years																#DIV/0!		#NUM!	<-Median->	0	Paid Median Price
Cost covered if held 5 years						93.53%	68.94%	39.95%	41.42%	35.70%	10.28%	10.96%	20.83%	18.85%	19.76%	17.52%		37.83%	<-Median->	8	Paid Median Price
Cost covered if held 10 years											122.07%	89.70%	52.80%	57.30%	51.43%	30.93%		89.70%	<-Median->	3	Paid Median Price
Cost covered if held 15 years																179.38%		#NUM!	<-Median->	0	Paid Median Price
Cost covered if held 20 years																#DIV/0!		#NUM!	<-Median->	0	Paid Median Price
I am earning GC					Div Gr	#DIV/0!	2-Jun-20	# yrs ->	2	2020	$0.00	Cap Gain	#DIV/0!								I am earning GC
I am earning Div					org yield	#DIV/0!	12/31/22	Trading	Div G Yrly	#DIV/0!	Div start	$0.00	#DIV/0!	#DIV/0!							I am earning Div
																				Yr	Item	Tot. Growth
Revenue Growth US$								$640.3	$765.4	$756.4	$768.1	$835.8	$978.5	$1,011	<-12 mths	3.37%		52.81%	<-Total Growth	5	Revenue Growth US$	52.81%
AEPS Growth								$0.51	$0.64	$0.66	$0.65	$0.79	$0.98	$1.10	<-12 mths	12.30%		92.84%	<-Total Growth	5	AEPS Growth	92.84%
Net Income Growth								-$199.1	$97.7	$287.1	$356.0	$409.6	$466.2	$507	<-12 mths	8.81%		334.15%	<-Total Growth	5	Net Income Growth	334.15%
Cash Flow Growth								-$197.9	$799.9	$2,187.3	$1,981.5	$1,854.8	-$986.2	-$100	<-12 mths	89.87%		-398.46%	<-Total Growth	5	Cash Flow Growth	-398.46%
Dividend Growth								$0.22	$0.14	$0.14	$0.21	$0.23	$0.36	$0.37	<-12 mths	0.68%		65.03%	<-Total Growth	5	Dividend Growth	65.03%
Stock Price Growth								$5.04	$8.45	$10.57	$10.22	$13.65	$16.11	$20.16	<-12 mths	25.14%		219.50%	<-Total Growth	5	Stock Price Growth	219.50%
Revenue Growth US$			$106.8	$287.9	$547.4	$697.5	$758.9	$640.3	$765.4	$756.4	$768.1	$835.8	$978.5	$1,079	<-this year	10.31%		816.20%	<-Total Growth	10	Revenue Growth US$	816.20%
AEPS Growth			-$0.01	$0.13	$0.56	$0.71	$0.66	$0.51	$0.64	$0.66	$0.65	$0.79	$0.98	$1.12	<-this year	14.55%		10473.84%	<-Total Growth	10	AEPS Growth	10473.84%
Net Income Growth			-$1.7	$54.1	$174.4	$413.3	$154.6	-$199.1	$97.7	$287.1	$356.0	$409.6	$466.2	$536	<-this year	14.91%		28354.36%	<-Total Growth	10	Net Income Growth	28354.36%
Cash Flow Growth			-$32.3	$216.4	$323.6	$368.1	$48.3	-$197.9	$799.9	$2,187.3	$1,981.5	$1,854.8	-$986.2	-$100	<-this year	89.87%		-2950.61%	<-Total Growth	10	Cash Flow Growth	-2950.61%
Dividend Growth						$0.07	$0.20	$0.22	$0.14	$0.14	$0.21	$0.23	$0.36	$0.37	<-this year	2.08%		387.29%	<-Total Growth	7	Dividend Growth	387.29%
Stock Price Growth			$10.55	$9.89	$9.64	$9.15	$7.57	$5.04	$8.45	$10.57	$10.22	$13.65	$16.11	$20.16	<-this year	25.14%		52.64%	<-Total Growth	10	Stock Price Growth	52.64%
																				Yr	Item	Tot. Growth
Revenue Growth CDN$								$873.5	$994.1	$963.1	$973.8	$1,132.0	$1,294.2	$1,338	<-12 mths	3.37%		48.15%	<-Total Growth	5	Revenue Growth CDN$	48.15%
AEPS Growth								$0.69	$0.83	$0.84	$0.82	$1.07	$1.29	$1.48	<-12 mths	14.73%		86.96%	<-Total Growth	5	AEPS Growth	86.96%
Net Income Growth								-$199.1	$97.7	$287.1	$356.0	$409.6	$466.2	$507	<-12 mths	8.81%		334.15%	<-Total Growth	5	Net Income Growth	334.15%
Cash Flow Growth								-$269.9	$1,038.9	$2,784.8	$2,512.1	$2,512.1	-$1,304.3	-$132	<-12 mths	89.87%		-383.26%	<-Total Growth	5	Cash Flow Growth	-383.26%
Dividend Growth								$0.30	$0.18	$0.18	$0.26	$0.31	$0.48	$0.52	<-12 mths	8.33%		60.00%	<-Total Growth	5	Dividend Growth	60.00%
Stock Price Growth								$6.91	$11.09	$13.38	$12.88	$18.45	$21.56	$28.39	<-12 mths	31.68%		212.01%	<-Total Growth	5	Stock Price Growth	212.01%
Revenue Growth CDN$			$113.6	$333.9	$758.0	$936.6	$952.0	$873.5	$994.1	$963.1	$973.8	$1,132.0	$1,294.2	$1,536	<-this year	18.69%		1039.30%	<-Total Growth	10	Revenue Growth CDN$	1039.30%
AEPS Growth			-$0.01	$0.15	$0.78	$0.95	$0.83	$0.69	$0.83	$0.84	$0.82	$1.07	$1.29	$1.59	<-this year	23.26%		13000.00%	<-Total Growth	10	AEPS Growth	13000.00%
Net Income Growth			-$1.7	$54.1	$174.4	$413.3	$154.6	-$199.1	$97.7	$287.1	$356.0	$409.6	$466.2	$536	<-this year	14.91%		28354.36%	<-Total Growth	10	Net Income Growth	28354.36%
Cash Flow Growth			-$34.4	$251.0	$448.1	$494.3	$60.5	-$269.9	$1,038.9	$2,784.8	$2,512.1	$2,512.1	-$1,304.3	-$132	<-this year	89.87%		-3693.47%	<-Total Growth	10	Cash Flow Growth	-3693.47%
Dividend Growth						$0.10	$0.25	$0.30	$0.18	$0.18	$0.26	$0.31	$0.48	$0.49	<-this year	2.08%		380.00%	<-Total Growth	7	Dividend Growth	380.00%
Stock Price Growth			$14.00	$11.26	$13.42	$12.36	$9.50	$6.91	$11.09	$13.38	$12.88	$18.45	$21.56	$28.39	<-this year	31.68%		54.00%	<-Total Growth	10	Stock Price Growth	54.00%
Dividends on Shares				$0.00	$0.00	$276.10	$18.00	$21.60	$12.96	$12.96	$18.72	$22.32	$34.56	$37.44	$37.44	$37.44		$489.22	No of Years	11	Total Divs	12/31/11
Paid			$1,008.00	$810.72	$966.24	$889.92	$684.00	$497.52	$798.48	$963.36	$927.36	$1,328.40	$1,552.32	$2,044.08	$2,044.08	$2,335.68		$1,552.32	No of Years	10	Worth	$14.00
Total																		$2,041.54
Graham Number CDN$ AEPS			$5.08	$6.02	$16.13	$14.83	$13.55	$11.96	$12.82	$12.75	$12.54	$15.03	$17.06	$19.05	$19.93	$0.00		235.52%	<-Total Growth	10	Graham Number AEPS
Increase				18.33%	168.07%	-8.05%	-8.60%	-11.77%	7.23%	-0.58%	-1.63%	19.85%	13.51%	11.70%	4.61%	-100.00%		3.32%	<-Median->	10	Graham Price
Price/GP Ratio Med			2.16	1.83	0.82	0.77	0.83	0.57	0.72	0.83	1.07	1.02	1.15	1.35				0.83	<-Median->	10	Price/GP Ratio Med
Price/GP Ratio High			2.91	2.04	0.99	0.89	1.06	0.81	0.91	1.08	1.20	1.30	1.30	1.59				1.07	<-Median->	10	Price/GP Ratio High
Price/GP Ratio Low			1.41	1.62	0.66	0.64	0.60	0.32	0.54	0.58	0.94	0.73	1.00	1.11				0.65	<-Median->	10	Price/GP Ratio Low
Price/GP Ratio Close			2.75	1.87	0.83	0.83	0.70	0.58	0.87	1.05	1.03	1.23	1.26	1.49	1.42	#DIV/0!		0.95	<-Median->	10	Price/GP Ratio Close
Prem/Disc Close			175.40%	87.19%	-16.78%	-16.64%	-29.90%	-42.20%	-13.50%	4.98%	2.73%	22.79%	26.40%	49.02%	42.45%	#DIV/0!		-5.38%	<-Median->	10	Graham Price
Graham Number CDN$ EPS			$5.08	$6.02	$12.38	$15.06	$8.01	$4.99	$4.87	$10.41	$11.99	$14.08	$15.82	$17.59	$18.66	$19.84		211.24%	<-Total Growth	10	Graham Number EPS
Increase				18.33%	105.80%	21.64%	-46.81%	-37.76%	-2.23%	113.48%	15.22%	17.46%	12.34%	11.20%	6.05%	6.32%		16.34%	<-Median->	10	Graham Price
Price/GP Ratio Med			2.16	1.83	1.07	0.76	1.40	1.36	1.90	1.02	1.12	1.08	1.24	1.46				1.18	<-Median->	10	Price/GP Ratio Med
Price/GP Ratio High			2.91	2.04	1.29	0.88	1.79	1.94	2.40	1.33	1.25	1.39	1.40	1.72				1.39	<-Median->	10	Price/GP Ratio High
Price/GP Ratio Low			1.41	1.62	0.86	0.63	1.01	0.78	1.41	0.71	0.98	0.78	1.08	1.21				0.92	<-Median->	10	Price/GP Ratio Low
Price/GP Ratio Close			2.75	1.87	1.08	0.82	1.19	1.39	2.28	1.29	1.07	1.31	1.36	1.61	1.52	1.64		1.30	<-Median->	10	Price/GP Ratio Close
Prem/Disc Close			175.40%	87.19%	8.40%	-17.92%	18.60%	38.59%	127.50%	28.57%	7.42%	31.00%	36.27%	61.36%	52.16%	63.52%		29.79%	<-Median->	10	Graham Price
Month, Year CDN$	Dec-11	Dec-12	Dec-13	Dec-14	Dec-15	Dec-16	Dec-17	Dec-18	Dec-19	Dec-20	Dec-21	Dec-22	Dec-23	Dec-24	Dec-25	Dec-26		15.00	<Count Years>		Month, Year
Price Close	$4.80	$7.10	$14.00	$11.26	$13.42	$12.36	$9.50	$6.91	$11.09	$13.38	$12.88	$18.45	$21.56	$28.39	$28.39	$32.44		54.00%	<-Total Growth	10	Stock Price
Increase		47.92%	97.18%	-19.57%	19.18%	-7.90%	-23.14%	-27.26%	60.49%	20.65%	-3.74%	43.25%	16.86%	31.68%	0.00%	14.27%		58.42	<-Median->	10	CAPE (10 Yr P/E)
P/E Ratio	-8.73	-88.75	-1400.00	75.07	29.17	12.61	32.76	-11.15	92.42	23.89	17.17	19.63	19.42	20.94	18.62	18.82		25.56%	<-IRR #YR->	5	Stock Price	212.01%
Trailing P/E Ratio		-12.91	-175.00	-1126.00	89.47	26.87	9.69	23.83	-17.89	111.50	23.00	24.60	22.94	25.58	20.94	21.27		4.41%	<-IRR #YR->	10	Stock Price	54.00%
CAPE (10 Yr P/E)					-1,686.00	66.25	58.42	127.98	122.22	79.86	43.04	34.05	27.60	24.88	23.24	23.60		27.98%	<-IRR #YR->	5	Price & Dividend	236.76%
Median 10, 5 Yrs		D.  per yr	3.73%	2.42%	% Tot Ret	45.82%	8.66%	T P/E	$23.41	$23.00	P/E:	$21.76	$19.63					8.14%	<-IRR #YR->	10	Price & Dividend	95.39%
Price 15		D.  per yr	5.37%		% Tot Ret	28.71%						CAPE Diff	-64.16%					13.34%	<-IRR #YR->	12	Stock Price	#DIV/0!
Price  20		D.  per yr	#NUM!		% Tot Ret	#NUM!												#NUM!	<-IRR #YR->	20	Stock Price	#DIV/0!
Price & Dividend 15																		18.71%	<-IRR #YR->	12	Price & Dividend	#DIV/0!
Price & Dividend 20																		#NUM!	<-IRR #YR->	20	Price & Dividend	#DIV/0!
Price  5								-$6.91	$0.00	$0.00	$0.00	$0.00	$21.56								Price  5
Price 10			-$14.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$21.56								Price 10
Price & Dividend 5								-$6.91	$0.18	$0.18	$0.26	$0.31	$22.04								Price & Dividend 5
Price & Dividend 10			-$14.00	$0.00	$0.00	$3.83	$0.25	$0.30	$0.18	$0.18	$0.26	$0.31	$22.04								Price & Dividend 10
Price 15	-$4.80	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$21.56								Price 15
Price  20	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$21.56								Price  20
Price & Dividend 15	-$4.80	$0.00	$0.00	$0.00	$0.00	$3.83	$0.25	$0.30	$0.18	$0.18	$0.26	$0.31	$22.04								Price & Dividend 15
Price & Dividend 20	$0.00	$0.00	$0.00	$0.00	$0.00	$3.83	$0.25	$0.30	$0.18	$0.18	$0.26	$0.31	$22.04								Price & Dividend 20
Price H/L Median CDN$	$4.10	$5.93	$10.98	$11.02	$13.29	$11.38	$11.23	$6.77	$9.29	$10.58	$13.41	$15.27	$19.63	$25.71	14.27%			78.82%	<-Total Growth	10	Stock Price
Increase		44.51%	85.23%	0.41%	20.60%	-14.37%	-1.36%	-39.69%	37.15%	13.89%	26.81%	13.87%	28.52%	30.98%	1.83%			5.98%	<-IRR #YR->	10	Stock Price	78.82%
P/E Ratio	-7.45	-74.06	-1097.50	73.47	28.89	11.61	38.71	-10.92	77.38	18.88	17.88	16.24	17.68	18.96	16.10%			23.72%	<-IRR #YR->	5	Stock Price	189.88%
Trailing P/E Ratio		-10.77	-137.19	-1102.00	88.60	24.74	11.45	23.34	-14.98	88.13	23.95	20.36	20.88	23.16				10.57%	<-IRR #YR->	10	Price & Dividend	131.62%
P/E on Running 5 yr Average	-37.27	-47.02	-85.74	-112.45	-2215.00	37.93	30.01	26.87	37.74	39.76	60.95	43.63	28.20	27.25				26.27%	<-IRR #YR->	5	Price & Dividend	215.14%
P/E on Running 10 yr Average					-4430.00	119.79	90.52	109.19	125.47	81.35	51.58	42.18	41.40	43.23				17.68	P/E Ratio		Historical Median
Median 10, 5 Yrs		D.  per yr	4.59%	2.55%	% Tot Ret	43.39%	9.70%	T P/E	22.11	20.88	P/E:	18.38	17.88						Count	12	Years of data
			-$10.98	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$19.63
								-$6.77	$0.00	$0.00	$0.00	$0.00	$19.63
			-$10.98	$0.00	$0.00	$3.83	$0.25	$0.30	$0.18	$0.18	$0.26	$0.31	$20.11
								-$6.77	$0.18	$0.18	$0.26	$0.31	$20.11
High Months CDN$	Dec	Dec	Nov	Apr	Jul	Oct	Mar	Jan	Nov	Oct	May	Dec	Dec	Nov
Price High	$4.85	$7.10	$14.80	$12.27	$15.95	$13.23	$14.32	$9.67	$11.69	$13.80	$15.02	$19.54	$22.16	$30.20				49.73%	<-Total Growth	10	Stock Price
Increase	#DIV/0!	46.39%	108.45%	-17.09%	29.99%	-17.05%	8.24%	-32.47%	20.89%	18.05%	8.84%	30.09%	13.41%	36.28%				4.12%	<-IRR #YR->	10	Stock Price	49.73%
P/E Ratio	-8.82	-88.75	-1480.00	81.80	34.67	13.50	49.38	-15.60	97.42	24.64	20.03	20.79	19.96	22.27				18.04%	<-IRR #YR->	5	Stock Price	129.16%
Trailing P/E Ratio	#DIV/0!	-12.91	-185.00	-1227.00	106.33	28.76	14.61	33.34	-18.85	115.00	26.82	26.05	23.57	27.21				20.03	P/E Ratio		Historical Median
Median 10, 5 Yrs								T P/E	26.44	26.05	P/E:	22.72	20.79					55.86	P/E Ratio		Historical High
			-$14.80	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$22.16
								-$9.67	$0.00	$0.00	$0.00	$0.00	$22.16
Low Months CDN$	Aug	Jan	Jan	Feb	Jan	Feb	Aug	Mar	Feb	Mar	Jan	May	May	Apr
Price Low	$3.35	$4.75	$7.15	$9.77	$10.63	$9.53	$8.13	$3.87	$6.88	$7.35	$11.80	$11.00	$17.09	$21.21				139.02%	<-Total Growth	10	Stock Price
Increase		41.79%	50.53%	36.64%	8.80%	-10.35%	-14.69%	-52.40%	77.78%	6.83%	60.54%	-6.78%	55.36%	24.11%				9.10%	<-IRR #YR->	10	Stock Price	139.02%
P/E Ratio	-6.09	-59.38	-715.00	65.13	23.11	9.72	28.03	-6.24	57.33	13.13	15.73	11.70	15.40	15.64				34.59%	<-IRR #YR->	5	Stock Price	341.60%
Trailing P/E Ratio		-8.64	-89.38	-977.00	70.87	20.72	8.30	13.34	-11.10	61.25	21.07	14.67	18.18	19.11				13.13	P/E Ratio		Historical Median
Median 10, 5 Yrs								T P/E	16.42	18.18	P/E:	15.56	15.40					-16.87	P/E Ratio		Historical Low
			-$7.15	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$17.09
								-$3.87	$0.00	$0.00	$0.00	$0.00	$17.09
Value using exchange rate	$4.72	$7.14	$13.16	$9.71	$9.69	$9.21	$7.57	$5.07	$8.54	$10.51	$10.16	$13.62	$16.30	$19.95	$19.95	$22.80
Month, Year US$	Dec-11	Dec-12	Dec-13	Dec-14	Dec-15	Dec-16	Dec-17	Dec-18	Dec-19	Dec-20	Dec-21	Dec-22	Dec-23	Dec-24	Dec-25	Dec-26		11.00	<Count Years>		Month, Year
Price Close	$4.72	$5.65	$10.55	$9.89	$9.64	$9.15	$7.57	$5.04	$8.45	$10.57	$10.22	$13.65	$16.11	$20.16	$20.16	$20.16		52.64%	<-Total Growth	10	Stock Price
Increase		19.66%	86.88%	-6.30%	-2.52%	-5.08%	-17.27%	-33.39%	67.58%	25.13%	-3.35%	33.56%	18.02%	25.14%	0.00%	0.00%		72.19	<-Median->	10	CAPE (10 Yr P/E)
P/E Ratio	-8.73	-70.23	-1122.53	76.48	29.02	12.54	32.75	-11.09	91.46	24.04	17.28	19.67	19.20	21.16	18.81	16.64		26.15%	<-IRR #YR->	5	Stock Price	219.50%
Trailing P/E Ratio	#DIV/0!	-10.44	-131.25	-1051.80	74.55	27.54	10.37	21.81	-18.59	114.44	23.24	23.07	23.21	24.02	21.16	18.81		4.32%	<-IRR #YR->	10	Stock Price	52.64%
CAPE (10 Yr P/E)					-239.17	88.45	72.19	184.37	164.40	93.41	43.32	34.12	27.67	24.85	23.34	23.30		28.68%	<-IRR #YR->	5	Price & Dividend	1452.32%
Median 10, 5 Yrs		D.  per yr	3.72%	2.53%	% Tot Ret	46.29%	8.81%	T P/E	$23.14	$23.21	P/E:	$21.85	$19.67					8.04%	<-IRR #YR->	10	Price & Dividend	1082.67%
Price 15		D.  per yr	4.56%		% Tot Ret	29.74%						CAPE Diff	-70.69%					10.77%	<-IRR #YR->	12	Stock Price	#DIV/0!
Price  20		D.  per yr	#NUM!		% Tot Ret	#NUM!												#NUM!	<-IRR #YR->	20	Stock Price	#DIV/0!
Price & Dividend 15																		15.33%	<-IRR #YR->	12	Price & Dividend	#DIV/0!
Price & Dividend 20																		#NUM!	<-IRR #YR->	20	Price & Dividend	#DIV/0!
Price  5								-$5.04	$0.00	$0.00	$0.00	$0.00	$16.11								Price  5
Price 10			-$10.55	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$16.11								Price 10
Price & Dividend 5								-$5.04	$0.14	$0.14	$0.21	$0.23	$16.47								Price & Dividend 5
Price & Dividend 10			-$10.55	$0.00	$0.00	$2.86	$0.20	$0.22	$0.14	$0.14	$0.21	$0.23	$16.47								Price & Dividend 10
Price 15	-$4.72	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$16.11								Price 15
Price  20	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$16.11								Price  20
Price & Dividend 15	-$4.72	$0.00	$0.00	$0.00	$0.00	$2.86	$0.20	$0.22	$0.14	$0.14	$0.21	$0.23	$16.47								Price & Dividend 15
Price & Dividend 20	$0.00	$0.00	$0.00	$0.00	$0.00	$2.86	$0.20	$0.22	$0.14	$0.14	$0.21	$0.23	$16.47								Price & Dividend 20
Price H/L Median US$		$4.93	$8.40	$9.65	$7.18	$8.29	$8.52	$5.35	$6.95	$7.82	$10.82	$11.52	$14.57	$78.50				73.42%	<-Total Growth	10	Stock Price
Increase			70.39%	14.80%	-25.55%	15.51%	2.74%	-37.18%	29.74%	12.56%	38.43%	6.45%	26.49%	438.74%				5.66%	<-IRR #YR->	10	Stock Price	73.42%
P/E Ratio		-61.32	-893.62	74.60	21.62	11.36	36.86	-11.78	75.17	17.77	18.29	16.60	17.36	82.38				22.17%	<-IRR #YR->	5	Stock Price	172.18%
Trailing P/E Ratio		-9.12	-104.49	-1025.90	55.54	24.97	11.68	23.16	-15.28	84.61	24.60	19.47	20.99	93.53				10.11%	<-IRR #YR->	10	Price & Dividend	1367.31%
P/E on Running 5 yr Average		-39.69	-66.62	-96.20	-212.29	37.65	30.15	27.65	37.29	37.63	60.08	42.24	27.42	111.58				24.49%	<-IRR #YR->	5	Price & Dividend	1333.41%
P/E on Running 10 yr Average					-424.57	147.92	107.61	158.64	161.58	89.88	54.05	41.49	40.19	176.44				17.57	P/E Ratio		Historical Median
Median 10, 5 Yrs		D.  per yr	4.45%	2.32%	% Tot Ret	44.01%	9.47%	T P/E	22.08	20.99	P/E:	18.03	17.77						Count	11	Years of data
			-$8.40	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$14.57
								-$5.35	$0.00	$0.00	$0.00	$0.00	$14.57
			-$8.40	$0.00	$0.00	$2.86	$0.20	$0.22	$0.14	$0.14	$0.21	$0.23	$14.80
								-$5.35	$0.14	$0.14	$0.21	$0.23	$14.80
High Months US$		Dec	Nov	Jul	Jul	Sep	Feb	Jan	Nov	Dec	May	Dec	Dec	Nov
Price High		$5.65	$11.08	$11.01	$5.85	$9.98	$10.70	$7.78	$8.96	$10.57	$12.31	$14.53	$16.58	$21.61				49.58%	<-Total Growth	10	Stock Price
Increase			96.27%	-0.71%	-46.81%	70.51%	7.23%	-27.35%	15.23%	18.01%	16.45%	17.98%	14.13%	30.34%				4.11%	<-IRR #YR->	10	Stock Price	49.58%
P/E Ratio		-70.23	-1178.94	85.11	17.62	13.68	46.30	-17.11	96.98	24.04	20.81	20.93	19.76	22.68				16.35%	<-IRR #YR->	5	Stock Price	113.22%
Trailing P/E Ratio		-10.44	-137.85	-1170.52	45.27	30.05	14.67	33.64	-19.71	114.44	27.99	24.56	23.89	25.75				20.28	P/E Ratio		Historical Median
Median 10, 5 Yrs								T P/E	26.28	24.56	P/E:	20.87	20.93					61.83	P/E Ratio		Historical High
			-$11.08	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$16.58
								-$7.78	$0.00	$0.00	$0.00	$0.00	$16.58
Low Months US$		Jun	Jan	Oct	Feb	Feb	May	Mar	Jan	Mar	Jan	May	Apr	Apr
Price Low		$4.21	$5.72	$8.29	$8.51	$6.61	$6.34	$2.93	$4.93	$5.06	$9.33	$8.51	$12.56	$135.38				119.61%	<-Total Growth	10	Stock Price
Increase			35.70%	44.88%	2.68%	-22.34%	-4.04%	-53.78%	68.24%	2.64%	84.36%	-8.78%	47.61%	977.87%				8.18%	<-IRR #YR->	10	Stock Price	119.61%
P/E Ratio		-52.41	-608.29	64.08	25.61	9.05	27.43	-6.45	53.36	11.50	15.77	12.26	14.97	142.08				33.79%	<-IRR #YR->	5	Stock Price	328.61%
Trailing P/E Ratio		-7.79	-71.13	-881.27	65.80	19.89	8.69	12.68	-10.85	54.77	21.21	14.38	18.10	161.31				13.61	P/E Ratio		Historical Median
Median 10, 5 Yrs								T P/E	16.24	18.10	P/E:	15.37	14.97					-24.83	P/E Ratio		Historical Low
			-$5.72	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$12.56
								-$2.93	$0.00	$0.00	$0.00	$0.00	$12.56
														$1.41	<-12 mths	11.88%
														-$16	<-12 mths	7.06%
Free Cash Flow Company US$								$210.60	$351.17	$352.81	$348.79	$394.42	$493.19
Change									66.75%	0.47%	-1.14%	13.08%	25.04%
FCF per Share									$0.81	$0.80	$0.83	$1.00	$1.26
Change										-0.90%	3.38%	20.35%	26.68%
Free Cash Flow MS US$	-$2	$16	-$274	-$676	-$420	$115	$98	-$33	$130	$139	$97	$72	-$17	$0	$0	$0		93.75%	<-Total Growth	10	Free Cash Flow
Change								-133.88%	493.22%	6.29%	-29.97%	-26.09%	-123.84%	100.00%	#DIV/0!	#DIV/0!		-12.40%	<-IRR #YR->	5	Free Cash Flow MS	48.43%
FCF/CF from Op Ratio			8.46	-3.12	-1.30	0.31	2.03	0.17	0.16	0.06	0.05	0.04	0.02	0.00	#VALUE!	#DIV/0!		-24.22%	<-IRR #YR->	10	Free Cash Flow MS	93.75%
Dividends paid			$0.00	$0.00	$1.91	$2.03	$2.48	$3.47	$4.08	$4.91	$5.38	$5.65	$5.29	$142.20	$142.20	$142.20		#DIV/0!	<-Total Growth	10	Dividends paid
Percentage paid							2.53%	-10.46%	3.13%	3.55%	5.55%	7.88%	-30.95%	#DIV/0!	#DIV/0!	#DIV/0!		$0.03	<-Median->	7	Percentage paid
5 Year Coverage											4.72%	5.81%	6.02%	56.32%	198.33%	801.19%					5 Year Coverage
Dividend Coverage Ratio							39.45	-9.56	31.98	28.21	18.02	12.69	-3.23	0.00	0.00	0.00		18.02	<-Median->	7	Dividend Coverage Ratio
5 Year of Coverage											21.19	17.22	16.61	1.78	0.50	0.12					5 Year of Caogerage
								$33	$0	$0	$0	$0	-$17
			$274	$0	$0	$0	$0	$0	$0	$0	$0	$0	-$17
														-$23	<-12 mths	0.00%
Free Cash Flow Company CDN$								$287.3	$456.1	$449.2	$442.2	$534.2	$652.3	$753.9	$706.5	$785.1					Free Cash Flow Company
Change									58.75%	-1.51%	-1.56%	20.81%	22.11%	15.58%	-6.29%	11.13%					Change
FCF per Share								$0.73	$1.05	$1.02	$1.05	$1.35	$1.67								FCF per Share
Change									43.84%	-2.86%	2.94%	28.57%	23.70%								Change
Free Cash Flow MS CDN$ OLD				-$1,828	-$907	$410	$3	-$316	$990	$2,684	$2,426	$161									Free Cash Flow MS CDN$ OLD
Change					50.38%	145.20%	-99.27%	-10633.33%	413.29%	171.15%	-9.63%	-93.37%									Change
Free Cash Flow MS CDN$	-$2	$16	-$291	-$784	-$582	$154	$123	-$45	$169	$176	$123	$97	-$22.6	$753.9	$706.5	$785.1		92.23%	<-Total Growth	10	Free Cash Flow
Change		900.00%	-1918.75%	-169.40%	25.77%	126.46%	-20.28%	-136.84%	474.37%	4.19%	-30.27%	-21.04%	-123.28%	3434.37%	-6.29%	11.13%		-12.94%	<-IRR #YR->	5	Free Cash Flow MS	50.00%
FCF/CF from Op Ratio							2.03	0.17	0.16	0.06	0.05	0.04	0.02	-5.70	#VALUE!	#DIV/0!		-22.55%	<-IRR #YR->	10	Free Cash Flow MS	92.23%
Dividends paid			$0.00	$0.00	$2.21	$2.81	$3.33	$4.35	$5.56	$6.38	$6.85	$7.17	$7.17	$202.37	$202.37	$202.37		#DIV/0!	<-Total Growth	10	Dividends paid
Percentage paid							2.71%	-9.62%	3.28%	3.62%	5.57%	7.38%	-31.69%	26.84%	28.64%	25.78%		$0.03	<-Median->	7	Percentage paid
5 Year Coverage											4.85%	5.82%	6.10%	20.39%	25.69%	26.79%					5 Year Coverage
Dividend Coverage Ratio							36.86	-10.40	30.45	27.65	17.95	13.55	-3.16	3.73	3.49	3.88		17.95	<-Median->	7	Dividend Coverage Ratio
5 Year of Coverage											20.63	17.18	16.40	4.90	3.89	3.73					5 Year of Caogerage
								$45	$0	$0	$0	$0	-$23
			$291	$0	$0	$0	$0	$0	$0	$0	$0	$0	-$23
Free Cash Flow WSJ				-$762.96	-$949.48	$193.60	-$179.55	-$578.92	$711.78	$2,446.02	$2,201.08	-$62.00	-$1.75	$753.9	$706.5	$785.1		99.77%	<-Total Growth	9	Free Cash Flow	MK Sc Disag
Change					-24.45%	120.39%	-192.74%	-222.43%	222.95%	243.65%	-10.01%	-102.82%	97.18%					#NUM!	<-IRR #YR->	5	Free Cash Flow MS
FCF/CF from Op Ratio				-1918.84	-2053.80	76118.18	10280.82	-4166.51	#DIV/0!	149858.33	-27532.28	1996.10	206.01					#NUM!	<-IRR #YR->	9	Free Cash Flow MS
Dividends paid						$2.81	$3.33	$4.35	$5.56	$6.38	$6.85	$7.17	$7.17					115.17%	<-Total Growth	7	Dividends paid
Percentage paid						1.45%	-1.85%	-0.75%	0.78%	0.26%	0.31%	-11.56%	-410.37%					$0.00	<-Median->	8	Percentage paid
5 Year Coverage								-0.46%	-2.00%	0.87%	0.58%	0.64%	0.63%								5 Year Coverage
Dividend Coverage Ratio						68.85	-53.92	-133.11	128.02	383.45	321.14	-8.65	-0.24					34.30	<-Median->	8	Dividend Coverage Ratio
5 Year of Coverage								-217.07	-50.00	115.60	173.78	155.67	159.86								5 Year of Coverage
								$579	$0	$0	$0	$0	-$2
				$763	$0	$0	$0	$0	$0	$0	$0	$0	-$2
Market Cap in $M US$	$313.3	$469.0	$1,994.0	$2,611.3	$3,722.2	$3,542.1	$2,879.3	$2,184.3	$3,660.6	$4,655.4	$4,139.9	$5,357.6	$6,269.5	$7,845.6	$7,845.6	$7,845.6		2.14	<-Total Growth	10	Market Cap	214.41%
Market Cap in $M CDN$	$318.6	$589.6	$2,645.1	$2,973.3	$5,181.9	$4,784.8	$3,613.4	$2,993.4	$4,804.2	$5,890.9	$5,217.4	$7,241.5	$8,390.5	$11,048.5	$11,048.5	$12,624.6		2.17	<-Total Growth	10	Market Cap	217.21%
Diluted # of Shares in Million	33.30	78.13	138.42	230.14	311.38	386.53	385.42	391.65	436.53	453.78	439.49	413.33	405.24	394.45				192.76%	<-Total Growth	10	Diluted
Change		134.61%	77.17%	66.26%	35.30%	24.13%	-0.29%	1.62%	11.46%	3.95%	-3.15%	-5.95%	-1.96%	-2.66%				11.34%	<-IRR #YR->	10	Diluted
Difference Diluted/Basic	0.00%	0.00%	0.00%	-2.11%	-1.98%	0.00%	0.00%	0.00%	-0.40%	-3.35%	-3.74%	-3.97%	-3.69%	-0.04%				0.68%	<-IRR #YR->	5	Diluted
Change in Diluted Shares per Year
			-138.4	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	405.2
								-391.7	0.0	0.0	0.0	0.0	405.2
Basic # of Shares in Millions	33.30	78.13	138.42	225.29	305.23	386.53	385.42	391.65	434.81	438.56	423.07	396.91	390.30	394.30				181.96%	<-Total Growth	10	Basic
Change		134.61%	77.17%	62.75%	35.48%	26.63%	-0.29%	1.62%	11.02%	0.86%	-3.53%	-6.18%	-1.67%	1.02%				1.24%	<-Median->	10	Change
Difference	99.32%	6.28%	36.49%	17.21%	26.51%	0.15%	-1.31%	10.61%	-0.37%	0.39%	-4.25%	-1.11%	-0.29%	-1.30%				-0.07%	<-Median->	10	Difference
														-$99.9	<-12 mths	89.87%
Class A	0.200
Class B	3.680
Special Shares	0.532	0.019%
# of Share in Millions	66.380	83.042	188.935	264.059	386.135	387.117	380.356	433.204	433.204	440.275	405.077	392.495	389.169	389.169	389.169	389.169		7.49%	<-IRR #YR->	10	Shares	105.98%
Change		25.10%	127.52%	39.76%	46.23%	0.25%	-1.75%	13.89%	0.00%	1.63%	-7.99%	-3.11%	-0.85%	0.00%	0.00%	0.00%		-2.12%	<-IRR #YR->	5	Shares	-10.17%
Cash Flow from Operations $M US$	-$4.9	$17.6	-$32.3	$216.4	$323.6	$368.1	$48.3	-$197.9	$799.9	$2,187.3	$1,981.5	$1,854.8	-$986.2	-$99.9	<-12 mths			-2950.61%	<-Total Growth	10	Cash Flow
Increase		459.34%	-284.09%	769.39%	49.55%	13.76%	-86.89%	-509.96%	504.30%	173.44%	-9.41%	-6.39%	-153.17%	89.87%	<-12 mths			Share Iss	SO, Buybacks		Cl B Shares Conv.
5 year Running Average					$104.1	$178.7	$184.8	$151.7	$268.4	$641.1	$963.8	$1,325.1	$1,167.4	$987.5	<-12 mths			#DIV/0!	<-Total Growth	8	CF 5 Yr Running
CFPS	-$0.07	$0.21	-$0.17	$0.82	$0.84	$0.95	$0.13	-$0.46	$1.85	$4.97	$4.89	$4.73	-$2.53	-$0.26	<-12 mths			-1381.02%	<-Total Growth	10	Cash Flow per Share
Increase		387.24%	-180.91%	578.95%	2.27%	13.47%	-86.66%	-459.95%	504.30%	169.05%	-1.54%	-3.39%	-153.63%	89.87%	<-12 mths			40.75%	<-IRR #YR->	10	Cash Flow	-2950.61%
5 year Running Average					$0.32	$0.53	$0.51	$0.46	$0.66	$1.49	$2.28	$3.19	$2.78	$2.36	<-12 mths			37.89%	<-IRR #YR->	5	Cash Flow	-398.46%
P/CF on Med Price	0.00	23.32	-49.10	11.77	8.57	8.72	67.16	-11.72	3.76	1.57	2.21	2.44	-5.75	-305.64	<-12 mths			30.94%	<-IRR #YR->	10	Cash Flow per Share	-1381.02%
P/CF on Closing Price	-64.11	26.71	-61.68	12.07	11.50	9.62	59.66	-11.04	4.58	2.13	2.09	2.89	-6.36	-78.50	<-12 mths			40.88%	<-IRR #YR->	5	Cash Flow per Share	-454.86%
															-2632.73%	Diff M/C		26.72%	<-IRR #YR->	7	CFPS 5 yr Running	#DIV/0!
														$551.83	<-12 mths	19.17%
Excl.Working Capital CF US$	-$7.58	-$14.64	$54.93	-$83.60	$1,827.81	$318.59	$759.43	$839.56	-$7.99	-$1,483.34	-$1,246.43	$618.91	$1,449.26	$0.00	<-12 mths			43.56%	<-IRR #YR->	5	CFPS 5 yr Running	509.86%
Cash Flow from Operations $M WC	-$12.46	$2.92	$22.61	$132.80	$2,151.44	$686.74	$807.69	$641.71	$791.91	$703.91	$735.04	$2,473.68	$463.06	-$99.95	<-12 mths			1948.47%	<-Total Growth	10	Cash Flow less WC
Increase		123.46%	673.12%	487.45%	1520.12%	-68.08%	17.61%	-20.55%	23.41%	-11.11%	4.42%	236.54%	-81.28%	-121.58%	<-12 mths			39.09%	<-IRR #YR->	10	Cash Flow less WC	1948.47%
5 year Running Average					$459.5	$599.3	$760.3	$884.1	$1,015.9	$726.4	$736.1	$1,069.2	$1,033.5	$855.1	<-12 mths			-6.32%	<-IRR #YR->	5	Cash Flow less WC	-27.84%
CFPS Excl. WC	-$0.19	$0.04	$0.12	$0.50	$5.57	$1.77	$2.12	$1.48	$1.83	$1.60	$1.81	$6.30	$1.19	-$0.26	<-12 mths			8.10%	<-IRR #YR->	7	CF less WC 5 Yr Run	#DIV/0!
Increase		118.75%	239.81%	320.32%	1007.92%	-68.16%	19.70%	-30.24%	23.41%	-12.54%	13.50%	247.32%	-81.12%	-121.58%	<-12 mths			3.17%	<-IRR #YR->	5	CF less WC 5 Yr Run	16.90%
5 year Running Average					$1.21	$1.60	$2.02	$2.29	$2.56	$1.76	$1.77	$2.61	$2.55	$2.13	<-12 mths			25.82%	<-IRR #YR->	10	CFPS - Less WC	894.50%
P/CF on Median Price	0.00	140.05	70.22	19.18	1.29	4.68	4.01	3.61	3.80	4.89	5.96	1.83	12.24	-305.64	<-12 mths			-4.29%	<-IRR #YR->	5	CFPS - Less WC	-19.67%
P/CF on Closing Price	-25.14	160.39	88.21	19.66	1.73	5.16	3.56	3.40	4.62	6.61	5.63	2.17	13.54	-78.50	<-12 mths			6.86%	<-IRR #YR->	10	CFPS 5 yr Running	#DIV/0!
*Operational Cash Flow.			CF/-WC	P/CF Med	10 yr	3.10	5 yr	2.21	P/CF Med	10 yr	4.34	5 yr	4.89		-1906.87%	Diff M/C		2.14%	<-IRR #YR->	5	CFPS 5 yr Running	11.18%
														-$132.2	<-12 mths	89.87%
Cash Flow from Operations $M CDN$	-$5.0	$17.5	-$34.4	$251.0	$448.1	$494.3	$60.5	-$269.9	$1,038.9	$2,784.8	$2,512.1	$2,512.1	-$1,304.3	-$132.2	<-12 mths			-3693.47%	<-Total Growth	10	Cash Flow
Increase	#DIV/0!	451.53%	-296.81%	830.12%	78.51%	10.30%	-87.75%	-545.81%	484.92%	168.05%	-9.79%	0.00%	-151.92%	89.87%	<-12 mths			Share Iss	SO, Buybacks		Cl B Shares Conv.
5 year Running Average	-$1.0	$2.5	-$4.4	$45.8	$135.5	$235.3	$243.9	$196.8	$354.4	$821.7	$1,225.3	$1,715.6	$1,508.7	$1,274.5	<-12 mths			34572.32%	<-Total Growth	10	CF 5 Yr Running
CFPS	-$0.07	$0.21	-$0.18	$0.95	$1.16	$1.28	$0.16	-$0.62	$2.40	$6.33	$6.20	$6.40	-$3.35	-$0.34	<-12 mths			-1741.67%	<-Total Growth	10	Cash Flow per Share
Increase	#DIV/0!	380.99%	-186.50%	622.40%	22.08%	10.02%	-87.53%	-491.42%	484.92%	163.74%	-1.95%	3.21%	-152.37%	89.87%	<-12 mths			43.85%	<-IRR #YR->	10	Cash Flow	-3693.47%
5 year Running Average					$0.41	$0.68	$0.67	$0.58	$0.87	$1.91	$2.89	$4.14	$3.59	$3.05	<-12 mths			37.04%	<-IRR #YR->	5	Cash Flow	-383.26%
P/CF on Med Price	-54.76	28.16	-60.31	11.59	11.45	8.91	70.52	-10.87	3.87	1.67	2.16	2.39	-5.86	-75.68	<-12 mths			33.82%	<-IRR #YR->	10	Cash Flow per Share	-1741.67%
P/CF on Closing Price	-64.11	33.75	-76.93	11.84	11.56	9.68	59.68	-11.09	4.62	2.12	2.08	2.88	-6.43	-83.58	<-12 mths			40.01%	<-IRR #YR->	5	Cash Flow per Share	-437.94%
															-2771.37%	Diff M/C		26.77%	<-IRR #YR->	7	CFPS 5 yr Running	#DIV/0!
														$729.85	<-12 mths	19.17%
Excl.Working Capital CF CDN$	-$7.71	-$14.56	$58.43	-$96.99	$2,531.05	$427.77	$952.71	$1,145.32	-$10.38	-$1,888.59	-$1,580.22	$838.25	$1,916.80	$0.00	<-12 mths			43.79%	<-IRR #YR->	5	CFPS 5 yr Running	514.62%
Cash Flow from Operations $M WC	-$12.68	$2.91	$24.04	$154.06	$2,979.20	$922.08	$1,013.25	$875.42	$1,028.54	$896.21	$931.88	$3,350.35	$612.45	-$132.19	<-12 mths			2447.30%	<-Total Growth	10	Cash Flow less WC
Increase		122.95%	726.50%	540.75%	1833.84%	-69.05%	9.89%	-13.60%	17.49%	-12.87%	3.98%	259.52%	-81.72%	-121.58%	<-12 mths			38.23%	<-IRR #YR->	10	Cash Flow less WC	2447.30%
5 year Running Average					$629.5	$816.5	$1,018.5	$1,188.8	$1,363.7	$947.1	$949.1	$1,416.5	$1,363.9	$1,131.7	<-12 mths			-6.90%	<-IRR #YR->	5	Cash Flow less WC	-30.04%
CFPS Excl. WC	-$0.19	$0.04	$0.13	$0.58	$7.72	$2.38	$2.66	$2.02	$2.37	$2.04	$2.30	$8.54	$1.57	-$0.34	<-12 mths			7.61%	<-IRR #YR->	7	CF less WC 5 Yr Run	#DIV/0!
Increase		118.35%	263.27%	358.46%	1222.46%	-69.13%	11.84%	-24.14%	17.49%	-14.26%	13.01%	271.05%	-81.56%	-121.58%	<-12 mths			2.79%	<-IRR #YR->	5	CF less WC 5 Yr Run	14.73%
5 year Running Average					$1.65	$2.17	$2.69	$3.07	$3.43	$2.30	$2.28	$3.45	$3.36	$2.82	<-12 mths			28.60%	<-IRR #YR->	10	CFPS - Less WC	1136.67%
P/CF on Median Price	-21.47	169.14	86.24	18.89	1.72	4.78	4.21	3.35	3.91	5.20	5.83	1.79	12.47	-75.68	<-12 mths			-4.88%	<-IRR #YR->	5	CFPS - Less WC	-22.12%
P/CF on Closing Price	-25.14	202.68	110.02	19.30	1.74	5.19	3.57	3.42	4.67	6.57	5.60	2.16	13.70	-83.58	<-12 mths			6.47%	<-IRR #YR->	7	CFPS 5 yr Running	#DIV/0!
*Operational Cash Flow.			CF/-WC	P/CF Med	10 yr	3.13	5 yr	2.16	P/CF Med	10 yr	4.50	5 yr	5.20		-1959.12%	Diff M/C		1.83%	<-IRR #YR->	5	CFPS 5 yr Running	-237.83%
			-188.9	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	389.2								Shares
								-433.2	0.0	0.0	0.0	0.0	389.2								Shares
			$32.3	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	-$986.20								Cash Flow
								$197.9	$0.0	$0.0	$0.0	$0.0	-$986.20								Cash Flow
			$0.17	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	-$2.53								Cash Flow per Share
								$0.46	$0.00	$0.00	$0.00	$0.00	-$2.53								Cash Flow per Share
						-$0.53	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$2.78								CFPS 5 yr Running
								-$0.46	$0.00	$0.00	$0.00	$0.00	$2.78								CFPS 5 yr Running
			-$22.6	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$612.4								Cash Flow less WC
								-$641.7	$0.0	$0.0	$0.0	$0.0	$463.1								Cash Flow less WC
						-$599.3	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$1,033.5								CF less WC 5 Yr Run
								-$884.1	$0.0	$0.0	$0.0	$0.0	$1,033.5								CF less WC 5 Yr Run
			-$0.12	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$1.19								CFPS - Less WC
								-$1.48	$0.00	$0.00	$0.00	$0.00	$1.19								CFPS - Less WC
						-$1.60	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$2.55								CFPS 5 yr Running
								-$2.29	$0.00	$0.00	$0.00	$0.00	$2.55								CFPS 5 yr Running
			$34.4	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	-$1,304.35								Cash Flow
								$269.9	$0.0	$0.0	$0.0	$0.0	-$1,304.35								Cash Flow
			$0.18	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	-$3.35								Cash Flow per Share
								$0.62	$0.00	$0.00	$0.00	$0.00	-$3.35								Cash Flow per Share
						-$0.68	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$3.59								CFPS 5 yr Running
								-$0.58	$0.00	$0.00	$0.00	$0.00	$3.59								CFPS 5 yr Running
			-$24.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$612.4								Cash Flow less WC
								-$875.4	$0.0	$0.0	$0.0	$0.0	$612.4								Cash Flow less WC
						-$816.5	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$1,363.9								CF less WC 5 Yr Run
								-$1,188.8	$0.0	$0.0	$0.0	$0.0	$1,363.9								CF less WC 5 Yr Run
			-$0.13	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$1.57								CFPS - Less WC
								-$2.02	$0.00	$0.00	$0.00	$0.00	$1.57								CFPS - Less WC
						-$2.17	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$3.36								CFPS 5 yr Running
								-$3.07	$0.00	$0.00	$0.00	$0.00	$3.36								CFPS 5 yr Running
Write-off of intangible assets and other assets
Share of loss from joint venture investment
Share of earnings from other equity accounted investments
Recovery of (provision for) credit losses		$2	$5.40
Change in Working Capital
Invest. in fin rec					-$6,461.239	-$5,891	-$5,691	-$5,338	-$6,825	-$5,144	-$3,922	-$5,973	-$8,381
Repay. of fin rec					$4,869.707	$5,858	$4,823	$4,681	$4,631	$4,561	$3,551	$2,889	$3,599
Invest in equiip					-$1,285.059	-$672	-$796	-$1,154	-$1,019	-$859	-$975	-$1,151	-$1,587
proceeds on disposal of euip								$266	$266	$303	$285	$281	$380
Syndication of fin Rec					$385	$518	$683	$597	$2,903	$2,849	$2,715	$2,844	$3,418
Cash Paymt for Int Port. Of Lease											-$2	-$2	-$4
Other non-cash operating A & L									-$3	-$3		$275	-$13
											-$73
Provision for Credit loss													-$2
Depreciation of Equipment													$653
Deprecations of Property etc													$20
Other non-cash Assets  Liab.									$56.883	$181.408
Accts Rec and other assets	$2.135	-$4.892	-$60.375	$43.185	-$19.001	-$82.665	-$28.631	-$95.539
Accts Pay & Accrued Liab	$5.570	$33.294	$3.688	$70.283	$71.569	-$81.598	$58.228	$89.741
Current Income Taxables Payable		$1.860	-$1.860
Def Tax Assets		-$14.679	-$12.079	-$2.840	-$123.126	-$45.087	-$20.316	-$223.183
Def Tax Liab		-$3.124	$0.623	-$16.076	$23.491	$7.672	$11.486	$13.849
Derivative fin Instruments		$0.146	$6.172	$2.436	$8.009	-$38.106	$8.215	$17.469
Sum	$7.7	$14.6	-$58.4	$97.0	-$2,531.1	-$428	-$953	-$1,145	$10	$1,889	$1,580	-$838	-$1,917
Google --> TD 2017			-$59	-$1,955	-$1,185	-$466	-$953	-$1,145	$10	$1,889	$1,580	-$838	-$1,918
Difference			$1	$2,052	-$1,346	$38	$0	$0	$0	$0	$0	$0	$1
TD bank changed in 20xx						TD got CFO wrong between 2014 and 2017?			2024	2024	2024	2024
New from TD				-$1,813	-$1,229	$392	-$723		$8	$1,409	$1,261	-$644
Difference				-$142	$44	-$858	-$230		$2	$480	$319	-$194
OPM Ratio CDN$	-84.14%	47.41%	-30.27%	75.18%	59.12%	52.78%	6.36%	-30.90%	104.51%	289.15%	257.96%	221.91%	-100.79%	-8.61%				-232.96%	<-Total Growth	10	OPM
Increase		156.35%	-163.85%	348.35%	-21.36%	-10.73%	-87.95%	-585.88%	438.23%	176.68%	-10.79%	-13.98%	-145.42%	91.46%					Should increase		or be stable.
Diff from Median	-225.3%	-29.4%	-145.1%	12.0%	-12.0%	-21.4%	-90.5%	-146.0%	55.6%	330.6%	284.2%	230.5%	-250.1%	-112.8%				0.00	<-Median->	10	OPM
*Operational Profit Margin (CF/Revenue) Ratio									OPM	10 Yrs	67.15%	5 Yrs	221.91%					should be	zero, it is a		check on calculations
														$0	<-12 mths	#DIV/0!
Adjusted EBITDA US$	$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					#DIV/0!	<-Total Growth	10	Adjusted EBITDA
Change		#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!					#DIV/0!	<-Median->	0	Change
EBITDA Margin	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	EBITDA Margin
														$0	<-12 mths	#DIV/0!
Adjusted EBITDA CDN$	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00					#DIV/0!	<-Total Growth	10	Adjusted EBITDA
Change		#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!	#DIV/0!					#DIV/0!	<-Median->	0	Change
EBITDA Margin	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%					0.00	<-Median->	10	EBITDA Margin
EBIT CDN$										$544.0	$512.0	$624.5	$715.8
Change											-5.88%	21.97%	14.62%
EBITDA Margin										56.48%	52.58%	55.17%	55.31%
Assets US$							$10,625	$10,085	$9,582	$7,864	$6,238	$6,426	$7,671	$8,122
Debt/Asset Ratio							0.99	0.96	0.96	0.99	1.02	1.01	1.17	1.04
Long Term Debt US$	$170	$995	$1,783	$6,953	$13,527	$10,328	$10,536	$9,728	$9,157	$7,748	$6,341	$6,503	$8,995	$8,472							Bank Debt
Change		486.47%	79.27%	289.83%	94.56%	-23.65%	2.02%	-7.67%	-5.87%	-15.39%	-18.16%	2.56%	38.31%	-5.81%				-1.93%	<-Median->	10	Change
Debt/Market Cap Ratio				2.66	3.63	2.92	3.66	4.45	2.50	1.66	1.53	1.21	1.43	1.08				2.58	<-Median->	10	Debt/Market Cap Ratio
Assets/Current Liabilities Ratio	71.15	21.54	42.69	30.67	38.44	33.32	30.18	25.28	18.84	14.11	10.75	9.78	10.29	10.95				22.06	<-Median->	10	Assets/Current Liabilities Ratio
Debt to Cash Flow (Years)	-34.71	56.65	-55.17	32.13	41.80	28.05	218.31	-49.17	11.45	3.54	3.20	3.51	-9.12	-84.77				7.49	<-Median->	10	Debt to Cash Flow (Years)
Assets CDN$							$13,329	$13,758	$12,445	$10,013	$7,909	$8,704	$10,145	$11,558
Debt/Asset Ratio							0.99	0.96	0.96	0.99	1.02	1.01	1.17	1.04
Long Term Debt CDN$	$173	$990	$1,897	$8,066	$18,732	$13,867	$13,217	$13,271	$11,893	$9,864	$8,039	$8,808	$11,896	$12,057							Bank Debt
Change		473.72%	91.65%	325.20%	132.24%	-25.97%	-4.68%	0.41%	-10.38%	-17.06%	-18.50%	9.56%	35.06%	1.35%				-2.14%	<-Median->	10	Change
Debt/Market Cap Ratio	0.54	1.68	0.72	2.71	3.61	2.90	3.66	4.43	2.48	1.67	1.54	1.22	1.42	1.09				2.59	<-Median->	10	Debt/Market Cap Ratio
Assets/Current Liabilities Ratio	71.15	21.54	42.69	30.67	38.44	33.32	30.18	25.28	18.84	14.11	10.75	9.78	10.29	10.95				22.06	<-Median->	10	Assets/Current Liabilities Ratio
Debt to Cash Flow (Years)	-34.71	56.65	-55.17	32.13	41.80	28.05	218.31	-49.17	11.45	3.54	3.20	3.51	-9.12	-91.21				7.49	<-Median->	10	Debt to Cash Flow (Years)
Intangibles US$	$2	$25	$72	$338	$710	$656	$653	$626	$611	$640	$655	$638	$640	$625.24				783.98%	<-Total Growth	10	Intangibles
Goodwill	$0	$64	$106	$443	$1,088	$926	$901	$1,038	$913	$942	$959	$1,022	$937	$956.32				782.09%	<-Total Growth	10	Goodwill
Total	$2	$89	$179	$781	$1,798	$1,582	$1,554	$1,664	$1,524	$1,582	$1,614	$1,660	$1,577	$1,581.56				782.85%	<-Total Growth	10	Total
Change	0.00%	5622.54%	100.14%	337.12%	130.29%	-12.02%	-1.78%	7%	-8.43%	3.77%	2.03%	2.86%	-5.00%	0.30%				2%	<-Median->	10	Change
Intangible/Market Cap Ratio	0.00	0.19	0.09	0.30	0.48	0.45	0.54	0.76	0.42	0.34	0.39	0.31	0.25	0.20				40%	<-Median->	10	Intangible/Market Cap Ratio
Intangibles CDN$	$2	$25	$77	$392	$983	$880	$819	$854	$793	$814	$830	$865	$846	$889.78				999.23%	<-Total Growth	10	Intangibles
Goodwill		$65	$106	$471	$1,263	$1,283	$1,209	$1,302	$1,246	$1,223	$1,221	$1,295	$1,269	$1,360.94				1100.83%	<-Total Growth	10	Goodwill
Total	$2	$90	$183	$863	$2,245	$2,163	$2,029	$2,157	$2,039	$2,038	$2,051	$2,160	$2,115	$2,250.72				1058.03%	<-Total Growth	10	Total
Change		5587.77%	102.50%	372.43%	160.17%	-3.66%	-6.21%	6%	-5.45%	-0.07%	0.65%	5.30%	-2.05%	6.40%				0.29%	<-Median->	10	Change
Intangible/Market Cap Ratio		0.15	0.07	0.29	0.43	0.45	0.56	0.72	0.42	0.35	0.39	0.30	0.25	0.20				0.41	<-Median->	10	Intangible/Market Cap Ratio
Current Assets US$	$172.6	$94.8	$188.1	$495.1	$594.1	$785.7	$698.9	$584.6	$522.0	$490.7	$513.5	$530.1	$554.6	$515.0				194.77%	<-Total Growth	10	Assets
Current Liabilities	$5.8	$70.4	$76.1	$317.3	$472.8	$411.7	$464.0	$518.0	$712.1	$834.6	$951.7	$1,081.8	$1,210.4	$1,153.7				1491.05%	<-Total Growth	10	Liabilities
Liquidity Ratio	29.96	1.35	2.47	1.56	1.26	1.91	1.51	1.13	0.73	0.59	0.54	0.49	0.46	0.45				0.93	<-Median->	10	Ratio
Assets US$	$409.75	$1,516.63	$3,248.08	$9,732.35	$18,171.85	$13,719.12	$14,005.29	$13,094.90	$13,419.77	$11,774.57	$10,233.01	$10,581.97	$12,454.69	$12,638.5				Debt Ratio of 1.5 and up, best			Current Ratio
Liabilities	$175.39	$1,091.03	$1,887.92	$7,292.09	$14,042.89	$10,753.94	$11,023.95	$10,171.26	$10,484.26	$8,802.44	$7,511.01	$7,864.18	$9,505.44	$9,864.0				1.30	<-Median->	10	Ratio
Debt Ratio	2.34	1.39	1.72	1.33	1.29	1.28	1.27	1.29	1.28	1.34	1.36	1.35	1.31	1.28				1.34	<-Median->	5	Ratio
Estimates BVPS														$6.93	$7.40	$7.69			Estimates		Estimates BVPS
Estimate Book Value														$2,695.0	$2,879.6	$2,994.4			Estimates		Estimate Book Value
P/B Ratio (Close)														2.91	2.72	2.62			Estimates		P/B Ratio (Close)
Difference from 10 year median															168.30%	Diff M/C			Estimates		Difference from 10 yr med.
Book Value US$	$234.357	$425.596	$1,360.2	$2,440.3	$4,129.0	$2,965.2	$2,981.3	$2,923.6	$2,935.5	$2,972.1	$2,722.0	$2,717.8	$2,949.2	$2,774.5							Book Value
NCI	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							NCI
Book Value	$234.357	$425.596	$1,360.2	$2,440.3	$4,129.0	$2,965.2	$2,981.3	$2,923.6	$2,935.5	$2,972.1	$2,722.0	$2,717.8	$2,949.2	$2,774.5	$2,774.5	$2,774.5		116.83%	<-Total Growth	10	Book Value
Book Value per share	$3.53	$5.13	$7.20	$9.24	$10.69	$7.66	$7.84	$6.75	$6.78	$6.75	$6.72	$6.92	$7.58	$7.13	$13.71	$13.71		5.27%	<-Total Growth	10	Book Value per Share
Increase		45.16%	40.47%	28.37%	15.71%	-28.37%	2.33%	-13.90%	0.41%	-0.38%	-0.46%	3.05%	9.44%	-5.93%	92.31%	0.00%		161.14%	P/B Ratio		Current/Historical Median
P/B Ratio (Median)	0.00	0.96	1.17	1.04	0.67	1.08	1.09	0.79	1.02	1.16	1.61	1.66	1.92	11.01				1.08	P/B Ratio		Historical Median
P/B Ratio (Close)	1.34	1.10	1.47	1.07	0.90	1.19	0.97	0.75	1.25	1.57	1.52	1.97	2.13	2.83	1.47	1.47		0.51%	<-IRR #YR->	10	Book Value per Share	5.27%
Change		-17.57%	33.04%	-27.01%	-15.76%	32.51%	-19.15%	-22.64%	66.90%	25.61%	-2.90%	29.61%	7.84%	33.02%	-48.00%	0.00%		2.35%	<-IRR #YR->	5	Book Value per Share	12.29%
Leverage (A/BK)	1.75	3.56	2.39	3.99	4.40	4.63	4.70	4.48	4.57	3.96	3.76	3.89	4.22	4.56				3.96	<-Median->	5	A/BV
Debt/Equity Ratio	0.75	2.56	1.39	2.99	3.40	3.63	3.70	3.48	3.57	2.96	2.76	2.89	3.22	3.56				2.96	<-Median->	5	Debt/Eq Ratio
Shareholders' Equity (Assets less Liabilities)									P/BV	10 yr Med	1.09	5 yr Med	1.61		160.61%	Diff M/C		3.99	Historical		Leverage (A/BK)
			-$7.20	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$7.58
								-$6.75	$0.00	$0.00	$0.00	$0.00	$7.58
Current Assets CDN$	$175.5	$94.3	$200.1	$574.4	$822.7	$1,055.0	$876.7	$797.5	$678.0	$624.7	$651.1	$718.0	$733.5	$732.9				266.55%	<-Total Growth	10	Current Assets
Current Liabilities	$5.9	$70.1	$80.9	$368.1	$654.6	$552.8	$582.1	$706.7	$924.9	$1,062.6	$1,206.6	$1,465.2	$1,600.9	$1,641.9				1878.49%	<-Total Growth	10	Current Liabilities
Liquidity Ratio	29.96	1.35	2.47	1.56	1.26	1.91	1.51	1.13	0.73	0.59	0.54	0.49	0.46	0.45				0.93	<-Median->	10	Ratio
Liq. with CF aft div	29.12	1.60	2.05	2.24	1.94	-0.70	1.52	0.95	0.17	2.37	1.90	1.64	0.00	0.40				1.64	<-Median->	5	Ratio	If Div = 0
Liq. CF re  Inv+Div	29.12	1.60	2.05	2.24	1.94	0.12	1.61	0.75	1.86	3.21	2.62	2.20	-0.36	0.37				2.20	<-Median->	5	Ratio
Assets CDN$	$416.7	$1,508.9	$3,454.7	$11,290.5	$25,163.3	$18,420.7	$17,569.6	$17,864.1	$17,429.6	$14,991.4	$12,973.4	$14,332.2	$16,472.6	$17,985.9				376.82%	<-Total Growth	10	Assets
Liabilities	$178.4	$1,085.5	$2,008.0	$8,459.6	$19,445.8	$14,439.3	$13,829.6	$13,875.6	$13,617.0	$11,207.3	$9,522.5	$10,651.2	$12,571.9	$14,037.5				526.09%	<-Total Growth	10	Liabilities
Debt Ratio	2.34	1.39	1.72	1.33	1.29	1.28	1.27	1.29	1.28	1.34	1.36	1.35	1.31	1.28				1.30	<-Median->	10	Ratio
Estimates BVPS														$9.86	$10.53	$10.95			Estimates		Estimates BVPS
Estimate Book Value														$3,835.3	$4,097.9	$4,261.4			Estimates		Estimate Book Value
P/B Ratio (Close)														2.88	2.70	2.96			Estimates		P/B Ratio (Close)
Difference from 10 year median															156.29%	Diff M/C			Estimates		Difference from 10 yr med.
Book Value CDN$	$238.3	$423.4	$1,446.7	$2,831.0	$5,717.6	$3,981.4	$3,740.1	$3,988.4	$3,812.6	$3,784.1	$3,450.9	$3,681.0	$3,900.7	$3,948.4							Book Value
NCI	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	0.00	$0.0							NCI
Book Value	$238.3	$423.4	$1,446.7	$2,831.0	$5,717.6	$3,981.4	$3,740.1	$3,988.4	$3,812.6	$3,784.1	$3,450.9	$3,681.0	$3,900.7	$3,948.4	$3,948.4	$3,948.4		169.63%	<-Total Growth	10	Book Value
Book Value per share	$3.59	$5.10	$7.66	$10.72	$14.81	$10.28	$9.83	$9.21	$8.80	$8.59	$8.52	$9.38	$10.02	$10.15	$10.15	$10.15		30.90%	<-Total Growth	10	Book Value per Share
Increase		42.01%	50.17%	40.02%	38.11%	-30.54%	-4.39%	-6.37%	-4.41%	-2.34%	-0.88%	10.08%	6.87%	1.22%	0.00%	0.00%		145.05%	P/B Ratio		Current/Historical Median
P/B Ratio (Median)	1.14	1.16	1.43	1.03	0.90	1.11	1.14	0.74	1.05	1.23	1.57	1.63	1.96	2.53				1.14	P/B Ratio		Historical Median
P/B Ratio (Close)	1.34	1.39	1.83	1.05	0.91	1.20	0.97	0.75	1.26	1.56	1.51	1.97	2.15	2.80	2.80	3.20		2.73%	<-IRR #YR->	10	Book Value per Share	30.90%
Change		4.16%	31.31%	-42.56%	-13.71%	32.60%	-19.61%	-22.32%	67.89%	23.54%	-2.88%	30.12%	9.34%	30.09%	0.00%	14.27%		1.71%	<-IRR #YR->	5	Book Value per Share	8.87%
Leverage (A/BK)	1.75	3.56	2.39	3.99	4.40	4.63	4.70	4.48	4.57	3.96	3.76	3.89	4.22	4.56				3.96	<-Median->	5	A/BV
Debt/Equity Ratio	0.75	2.56	1.39	2.99	3.40	3.63	3.70	3.48	3.57	2.96	2.76	2.89	3.22	3.56				2.96	<-Median->	5	Debt/Eq Ratio
Shareholders' Equity (Assets less Liabilities)									P/BV	10 yr Med	1.12	5 yr Med	1.57		148.95%	Diff M/C		3.99	Historical		Leverage (A/BK)
			-$7.66	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$10.02
								-$9.21	$0.00	$0.00	$0.00	$0.00	$10.02
														$92.34	<-12 mths	-80.48%
Comprehensive Income US$	-$5.97	-$6.95	$2.02	$152.90	$529.36	$11.14	-$153.10	$86.31	-$49.83	$186.59	$242.67	$530.23	$472.98					23265.78%	<-Total Growth	10	Comprehensive Income
Increase		-16.50%	129.11%	7453.16%	246.22%	-97.90%	-1474.50%	156.37%	-157.74%	474.44%	30.06%	118.50%	-10.80%					30.06%	<-Median->	5	Comprehensive Income
5 Yr Running Average					$134.27	$137.69	$108.46	$125.32	$84.77	$16.22	$62.53	$199.19	$276.53					72.53%	<-IRR #YR->	10	Comprehensive Income	23265.78%
ROE	-2.5%	-1.6%	0.1%	6.3%	12.8%	0.4%	-5.1%	3.0%	-1.7%	6.3%	8.9%	19.5%	16.0%					40.53%	<-IRR #YR->	5	Comprehensive Income	448.03%
5Yr Median		-2.1%	-1.6%	-0.7%	0.1%	0.4%	0.4%	3.0%	0.4%	0.4%	3.0%	6.3%	8.9%					#NUM!	<-IRR #YR->	10	5 Yr Running Average	#DIV/0!
% Difference from Net Income	0.00%	-7.77%	230.48%	228.05%	320.24%	-96.38%	-224.20%	159.13%	-166.24%	-17.25%	-13.58%	75.31%	34.19%					17.15%	<-IRR #YR->	5	5 Yr Running Average	120.66%
Median Values										Diff	5, 10 yr	10.3%	-13.6%					8.9%	<-Median->	5	Return on Equity
			-$2.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$473.0
								-$86.3	$0.0	$0.0	$0.0	$0.0	$473.0
			$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$276.5
								-$125.3	$0.0	$0.0	$0.0	$0.0	$276.5
Current Liability Coverage Ratio	-2.16	0.04	0.30	0.42	4.55	1.67	1.74	1.24	1.11	0.84	0.77	2.29	0.38	-0.09							CFO / Current Liabilities
5 year Median	-2.16	-1.06	0.04	0.17	0.30	0.42	1.67	1.67	1.67	1.24	1.11	1.11	0.84	0.77				1.18	<-Median->	10	Current Liability Cov Ratio
Asset Efficiency Ratio	-3.04%	0.19%	0.70%	1.36%	11.84%	5.01%	5.77%	4.90%	5.90%	5.98%	7.18%	23.38%	3.72%	-0.79%							CFO / Total Assets
5 year Median	-3.04%	-1.42%	0.19%	0.44%	0.70%	1.36%	5.01%	5.01%	5.77%	5.77%	5.90%	5.98%	5.98%	5.98%				5.8%	<-Median->	10	Return on Assets
Return on Assets ROA	-1.46%	-0.43%	-0.05%	0.48%	0.69%	2.24%	0.88%	-1.11%	0.56%	1.92%	2.74%	2.86%	2.83%	2.98%				Net	Income/Assets		Return on Assets
5Yr Median	-1.46%	-0.94%	-0.43%	-0.24%	-0.05%	0.48%	0.69%	0.69%	0.69%	0.88%	0.88%	1.92%	2.74%	2.83%				1.4%	<-Median->	10	Asset Efficiency Ratio
Return on Equity ROE	-2.55%	-1.52%	-0.11%	1.91%	3.05%	10.38%	4.13%	-4.99%	2.56%	7.59%	10.32%	11.13%	11.95%	13.57%				Net Inc/	Shareholders' equity		Return on Equity
5Yr Median	-2.55%	-2.03%	-1.52%	-0.82%	-0.11%	1.91%	3.05%	3.05%	3.05%	4.13%	4.13%	7.59%	10.32%	11.13%				5.9%	<-Median->	10	Return on Equity
														$383.53	<-12 mths	8.81%
Net Income US$	-$5.97	-$6.45	-$1.55	$46.61	$125.97	$307.84	$123.27	-$145.95	$75.22	$225.49	$280.81	$302.45	$352.49	$376.43	$435.32	$496.59		22821.41%	<-Total Growth	10	Net Income
Increase		-8.10%	75.96%	3104.33%	170.27%	144.38%	-59.96%	-218.40%	151.54%	199.76%	24.53%	7.71%	16.54%	6.79%	15.64%	14.08%		EPS/CF Ratio should not be higher than 1.00
5 Yr Running Average	-$1.2	-$2.5	-$2.8	$6.5	$31.7	$94.5	$120.4	$92	$97	$117	$112	$148	$247	$308	$349	$393		#NUM!	<-IRR #YR->	10	Net Income	22821.41%
Operating Cash Flow	-$4.9	$17.6	-$32.3	$216.4	$323.6	$368.1	$48.3	-$197.9	$799.9	$2,187.3	$1,981.5	$1,854.8	-$986.2					#NUM!	<-IRR #YR->	5	Net Income	341.51%
Investment Cash Flow	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0					#NUM!	<-IRR #YR->	10	5 Yr Running Average	8948.42%
Total Accruals	-$1.1	-$24.0	$30.8	-$169.8	-$197.7	-$60.3	$75.0	$51.9	-$724.7	-$1,961.8	-$1,700.7	-$1,552.3	$1,338.7					21.99%	<-IRR #YR->	5	5 Yr Running Average	170.12%
Total Assets	$409.7	$1,516.6	$3,248.1	$9,732.4	$18,171.9	$13,719.1	$14,005.3	$13,094.9	$13,419.8	$11,774.6	$10,233.0	$10,582.0	$12,454.7						Balance Sheet		Assets
Accruals Ratio	-0.26%	-1.58%	0.95%	-1.74%	-1.09%	-0.44%	0.54%	0.40%	-5.40%	-16.66%	-16.62%	-14.67%	10.75%					-14.67%	<-Median->	5	Ratio
EPS/CF Ratio (WC)	2.88	-2.28	-0.08	0.26	0.06	0.41	0.11	-0.31	0.05	0.28	0.33	0.11	0.71					0.18	<-Median->	10	EPS/CF Ratio
			$1.6	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$352.5
								$145.9	$0.0	$0.0	$0.0	$0.0	$352.5
			$2.8	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$247.3
								-$91.5	$0.0	$0.0	$0.0	$0.0	$247.3
Financial Cash Flow US$	$363.7	$435.3	$1,784.6	$2,742.4	$8,075.3	-$62.8	$35.8	$198.8	-$860.4	-$2,225.9	-$1,885.3	-$5.6	$0.0						C F Statement		Financial Cash Flow
Total Accruals	-$364.8	-$459.4	-$1,753.8	-$2,912.2	-$8,273.0	$2.4	$39.2	-$146.9	$135.7	$264.1	$184.7	-$1,546.7	$1,338.7								Accruals
Accruals Ratio	-89.03%	-30.29%	-53.99%	-29.92%	-45.53%	0.02%	0.28%	-1.12%	1.01%	2.24%	1.80%	-14.62%	10.75%					1.80%	<-Median->	5	Ratio
							Yes 0
														$122.13	<-12 mths	-80.48%
Comprehensive Income CDN$	-$6.07	-$6.92	$2.15	$177.37	$733.03	$14.96	-$192.07	$117.74	-$64.72	$237.57	$307.66	$718.15	$625.57					28955.64%	<-Total Growth	10	Comprehensive Income
Increase		-13.97%	131.12%	8138.46%	313.27%	-97.96%	-1384.21%	161.30%	-154.97%	467.06%	29.51%	133.42%	-12.89%					29.51%	<-Median->	5	Comprehensive Income
5 Yr Running Average		-$2.60	-$2.17	$33.31	$179.91	$184.12	$147.09	$170.21	$121.79	$22.69	$81.24	$263.28	$364.84					76.33%	<-IRR #YR->	10	Comprehensive Income	28955.64%
ROE	-2.5%	-1.6%	0.1%	6.3%	12.8%	0.4%	-5.1%	3.0%	-1.7%	6.3%	8.9%	19.5%	16.0%					39.66%	<-IRR #YR->	5	Comprehensive Income	431.32%
5Yr Median		-2.1%	-1.6%	-0.7%	0.1%	0.4%	0.4%	3.0%	0.4%	0.4%	3.0%	6.3%	8.9%					#NUM!	<-IRR #YR->	10	5 Yr Running Average	16933.25%
% Difference from Net Income	0.00%	-7.77%	230.48%	228.05%	320.24%	-96.38%	-224.20%	159.13%	-166.24%	-17.25%	-13.58%	75.31%	34.19%					16.47%	<-IRR #YR->	5	5 Yr Running Average	114.35%
Median Values										Diff	5, 10 yr	10.3%	-13.6%					8.9%	<-Median->	5	Return on Equity
			-$2.2	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$625.6
								-$117.7	$0.0	$0.0	$0.0	$0.0	$625.6
			$2.2	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$364.8
								-$170.2	$0.0	$0.0	$0.0	$0.0	$364.8
Current Liability Coverage Ratio	-2.16	0.04	0.30	0.42	4.55	1.67	1.74	1.24	1.11	0.84	0.77	2.29	0.38	-0.08							CFO / Current Liabilities
5 year Median	-2.16	-1.06	0.04	0.17	0.30	0.42	1.67	1.67	1.67	1.24	1.11	1.11	0.84	0.77				1.18	<-Median->	10	Current Liability Cov Ratio
Asset Efficiency Ratio	-3.04%	0.19%	0.70%	1.36%	11.84%	5.01%	5.77%	4.90%	5.90%	5.98%	7.18%	23.38%	3.72%	-0.73%							CFO / Total Assets
5 year Median	-3.04%	-1.42%	0.19%	0.44%	0.70%	1.36%	5.01%	5.01%	5.77%	5.77%	5.90%	5.98%	5.98%	5.98%				5.8%	<-Median->	10	Return on Assets
Return on Assets ROA	-1.46%	-0.43%	-0.05%	0.48%	0.69%	2.24%	0.88%	-1.11%	0.56%	1.92%	2.74%	2.86%	2.83%	2.98%				Net	Income/Assets		Return on Assets
5Yr Median	-1.46%	-0.94%	-0.43%	-0.24%	-0.05%	0.48%	0.69%	0.69%	0.69%	0.88%	0.88%	1.92%	2.74%	2.83%				1.4%	<-Median->	10	Asset Efficiency Ratio
Return on Equity ROE	-2.55%	-1.52%	-0.11%	1.91%	3.05%	10.38%	4.13%	-4.99%	2.56%	7.59%	10.32%	11.13%	11.95%	13.57%				Net Inc/	Shareholders' equity		Return on Equity
5Yr Median	-2.55%	-2.03%	-1.52%	-0.82%	-0.11%	1.91%	3.05%	3.05%	3.05%	4.13%	4.13%	7.59%	10.32%	11.13%				5.9%	<-Median->	10	Return on Equity
														$507.26	<-12 mths	8.81%
Net Income CDN$	-$6.1	-$6.4	-$1.7	$54.1	$174.4	$413.3	$154.6	-$199.1	$97.7	$287.1	$356.0	$409.6	$466.20	$535.7	$619.5	$706.7		28354.36%	<-Total Growth	10	Net Income
Increase		-5.75%	74.30%	3376.91%	222.61%	136.96%	-62.59%	-228.75%	149.07%	193.85%	24.00%	15.07%	13.81%	14.91%	15.64%	14.08%		EPS/CF Ratio should not be higher than 1.00
5 Yr Running Average	-$1.2	-$2.5	-$2.8	$8.0	$42.9	$126.8	$159.0	$119	$128	$151	$139	$190	$323	$411	$477	$548		#NUM!	<-IRR #YR->	10	Net Income	28354.36%
Operating Cash Flow	-$5.0	$17.5	-$34.4	$251.0	$448.1	$494.3	$60.5	-$269.9	$1,038.9	$2,784.8	$2,512.1	$2,512.1	-$1,304.3					#NUM!	<-IRR #YR->	5	Net Income	334.15%
Investment Cash Flow	$0.0	-$591.7	-$1,861.8	-$3,379.3	-$9,233.1	-$351.4	-$39.7	-$56.0	$82.4	-$9.6	-$85.9	-$65.6	-$101.5					#NUM!	<-IRR #YR->	10	5 Yr Running Average	11532.28%
Total Accruals	-$1.1	$567.8	$1,894.6	$3,182.4	$8,959.4	$270.4	$133.8	$126.8	-$1,023.6	-$2,488.1	-$2,070.1	-$2,036.8	$1,872.0					22.03%	<-IRR #YR->	5	5 Yr Running Average	170.62%
Total Assets	$416.7	$1,508.9	$3,454.7	$11,290.5	$25,163.3	$18,420.7	$17,569.6	$17,864.1	$17,429.6	$14,991.4	$12,973.4	$14,332.2	$16,472.6						Balance Sheet		Assets
Accruals Ratio	-0.26%	37.63%	54.84%	28.19%	35.61%	1.47%	0.76%	0.71%	-5.87%	-16.60%	-15.96%	-14.21%	11.36%					-14.21%	<-Median->	5	Ratio
EPS/CF Ratio (WC)	2.88	-2.28	-0.08	0.26	0.06	0.41	0.11	-0.31	0.05	0.28	0.33	0.11	0.71					0.18	<-Median->	10	EPS/CF Ratio
			$1.7	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$466.2
								$199.1	$0.0	$0.0	$0.0	$0.0	$466.2
			$2.8	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$323.3
								-$119.5	$0.0	$0.0	$0.0	$0.0	$323.3
Change in Close		47.92%	97.18%	-19.57%	19.18%	-7.90%	-23.14%	-27.26%	60.49%	20.65%	-3.74%	43.25%	16.86%	31.68%	0.00%	14.27%			Count	13	Years of data
up/down		up		down	down	down	down		down	down	down			Down					Count	9	69.23%
Meet Prediction?		yes																% right	Count	1	11.11%
Financial Cash Flow CDN$	$369.9	$433.1	$1,898.1	$3,181.4	$11,182.3	-$84.3	$44.9	$271.2	-$1,117.5	-$2,834.0	-$2,390.2	-$7.6	$1,431.5						C F Statement		Financial Cash Flow
Total Accruals	-$371.0	$134.7	-$3.5	$0.9	-$2,222.8	$354.7	$88.9	-$144.4	$93.9	$345.9	$320.1	-$2,029.3	$440.5								Accruals
Accruals Ratio	-89.03%	8.93%	-0.10%	0.01%	-8.83%	1.93%	0.51%	-0.81%	0.54%	2.31%	2.47%	-14.16%	2.67%					2.31%	<-Median->	5	Ratio
Cash US$	$148.560	$10.048	$11.659	$57.641	$44.057	$9.412	$61.090	$16.126	$18.651	$6.903	$35.708	$50.854	$96.607	$65.031							Cash
Cash per Share	$2.24	$0.12	$0.06	$0.22	$0.11	$0.02	$0.16	$0.04	$0.04	$0.02	$0.09	$0.13	$0.25	$0.17				$0.09	<-Median->	5	Cash per Share
Percentage of Stock Price	47.42%	2.14%	0.58%	2.21%	1.18%	0.27%	2.12%	0.74%	0.51%	0.15%	0.86%	0.95%	1.54%	0.83%				0.86%	<-Median->	5	% of Stock Price
Cash CDN$	$151.1	$10.0	$12.4	$66.9	$61.0	$12.6	$76.6	$22.0	$24.2	$8.8	$45.3	$68.9	$127.772	$92.546							Cash
Cash per Share	$2.28	$0.12	$0.07	$0.25	$0.16	$0.03	$0.20	$0.05	$0.06	$0.02	$0.11	$0.18	$0.33	$0.24				$0.11	<-Median->	5	Cash per Share
Percentage of Stock Price	47.42%	1.70%	0.47%	2.25%	1.18%	0.26%	2.12%	0.73%	0.50%	0.15%	0.87%	0.95%	1.52%	0.84%				0.87%	<-Median->	5	% of Stock Price
Notes:
December 8, 2024.  Last estimates were for 2023, 2024, 2025 of $1291M, $1392M, $1498M Revenue, $1.31, $1.45, $1.61 AEPS, $
1.17, $1.33 and $1.54 EPS, $0.42, $0.50, $0.60 Dividends, $648M, $695M, $767M FCF, $9.38, $10.10, $10.40 BVPS, $628M, $689M, $756M Net Income.
December 10, 2023.  Last estimates were for 2022, 2023 and 2024 of $1113M, $1166M and $1256M for Revenue, $1.07, $1.17 and $1.35 for AEPS, $0.93, $1.03 and $1.26 for EPS,
$0.33, $0.41 and $0.48 for Dividends, $531M, $564M and $667M for FCF, $8.26m $8.81 and $9.54 for BVPS, and $366M, $399M and $492M for Net Income.
December 17, 2022.  Last estimates were for 2021, 2022 and 2023 of $965M, $977M and $1059M for Revenue, $0.72, $0.76 and $0.92 for EPS, $0.28, $0.32 and $0.35 for Dividends,
$429M, $453M and $522M for FCF, and $334M, $328M and $366M for Net Income.
December 18, 2021.  Last estimates were for 2020, 2021 and 2022 of $953M, $1006M and $1055M for Revenue, $0.62, $0.82 and $0.91 for EPS, $0.20, $0.27 and $0.30 for Dividends,
$443M, $496M, and $567M for FCF, $0.78, $1.05 and $1.23 for CFPS and $249M, $346M and $405M for Net Income./td>
December 25, 2020.  Last estimates were for 2019, 2020 and 2021of $984M, $1038M and $1102M for Revnue, $0.58, $0.83 and $0.95 for EPS, $0.18, $0.18 and $0.21 for Dividends and $262M, $358M and $452M for Net Income.
December 26, 2019.  Last estmates were for 2018, 2019 and 200 of $873M, $898M and $929M for Revenue, -$0.62, $0.55 and $0.76 for EPS and -$232M, $260M and $347M.
December 2018.  Started Spreadsheet.
Sep 20 2016 plan approved for October 3, 2016.  Shareholders received 1 ECN Share for each EFN share. ECN shares started trading at $3.50.
October 3, 2016 – Element Financial Corporation (“Element”), now Element Fleet Management Corp. (TSX: EFN) (“Element Fleet”) and ECN Capital Corp. (TSX: ECN) (“ECN Capital”) today  jointly
announced the completion of the reorganization of Element into two separate publicly-traded companies (the “Separation Transaction”), implemented by way of statutory plan of arrangement (the “Arrangement”).
Fair Value said to be $1,710,473 and dividend listed at $1,444,448
shares  of 387.112489M and value of $,444,448.
Sector:
Financial Services, Finance
What should this stock accomplish?
Would I buy this company and Why.
Why am I following this stock.
I was looking for stocks to follow and I found this stock in 100 best Dividend Stocks Money Sense for 2018.
It was also on Raymond James' top 19 Canadian stocks for 2019 list.
“The mid-point of management’s guidance range under its profitability improvement plan implies a two-year Adjusted EPS CAGR [compound annual growth rate] of 13 per cent,”
said analyst Brenna Phelan. “Importantly,the majority of the profitability improvement is driven by operating cost reductions - i.e., top-line growth implied in guidance is very modest.
Under an economic outlook where revenue growth appears that it may be more challenging to come by, a self-help, operating leverage driven, low-mid teens EPS growth story is a very compelling one, in our view.”
Why I bought this stock.
Dividends
Dividends are paid quarterly in Cycle 1 of January, April, July and October.  Dividends are declared in one month for shareholders of record of the following month and paid in the next month.
For example, the dividends declared on March 3,2016 was for shareholders of record of March 31, 2016 and paid on April 15, 2016.
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 customers, employees, and community and and thereby earn shareholders a reasonable return.
For customers
For employees
For community
For investors
How they make their money.
Element Fleet Management Corp is a fleet management company, providing services and financings for commercial vehicle and equipment
fleets. The company operates in the U.S., Canada, Mexico, Australia, and New Zealand.
Shares; '%, Value $M	%, Val $M	Shares	%, Val $M	Shares	%, Val $M	Shares	%, Val $M	Shares	%, Val $M	Shares	%, Val $M	Shares	%, Val $M	Shares	%, Val $M			Shares	%, Val $M			Change
Date	2016		2017	Sep 14	2018	Dec 26	2019	Dec 25	2020	Dec 18	2021	Dec 17	2022	Dec 10	2023			May 30	2022
Dottori-Attanasio, Laura Lee														0.190	0.05%			0.242	0.06%			27.68%
CEO - Shares - Amt															$4.090				$6.876
Options - percentage														0.237	0.06%			0.436	0.11%			83.90%
Options - amount															$5.111				$12.376
Forbes, Jay				0.300	0.07%	0.300	0.07%	0.400	0.09%	0.400	0.10%	0.400	0.10%								Cannot find in 2017
CEO - Shares - Amt					$2.073		$3.327		$5.352		$5.152		$7.380								Nullmeyer, Bradley
Options - percentage				2.679	0.62%	3.035	0.70%	3.290	0.75%	3.517	0.87%	3.614	0.92%								was CEO in 2017
Options - amount					$18.512		$33.659		$44.014		$45.296		$66.686								Forbes Chair 2018
Ruperto, Frank										0.000	0.00%	0.005	0.00%	0.009	0.00%			0.020	0.01%			132.18%
CFO - Shares - Amount											$0.000		$0.108		$0.188				$0.573
Options - percentage										0.203	0.05%	0.342	0.09%	0.466	0.12%			0.314	0.08%			-32.57%
Options - amount											$4.376		$7.366		$10.044				$8.919
Colman, David				0.001	0.00%	0.005	0.00%	0.005	0.00%	0.005	0.00%	0.005	0.00%	0.005	0.00%			0.006	0.00%			16.80%
Officer - Shares - Amount					$0.007		$0.055		$0.067		$0.068		$0.097		$0.113				$0.174
Options - percentage				0.182	0.04%	0.199	0.05%	0.154	0.04%	0.109	0.03%	0.107	0.03%	0.095	0.02%			0.086	0.02%			-9.73%
Options - amount					$1.257		$2.205		$2.065		$1.406		$1.973		$2.052				$2.439
Halliday, James		0.095	0.03%	0.085	0.02%	0.085	0.02%	0.085	0.02%	0.085	0.02%	0.085	0.02%	0.088	0.02%			0.089	0.02%		Last updated Nov 2024	1.48%
Officer - Shares - Amount			$0.907		$0.587		$0.943		$1.137		$1.095		$1.568		$1.897				$2.535
Options - percentage		1.286	0.34%	1.461	0.34%	1.432	0.33%	1.476	0.34%	1.151	0.28%	0.926	0.24%	0.725	0.19%			0.558	0.14%			-23.05%
Options - amount			$12.216		$10.098		$15.883		$19.747		$14.824		$17.089		$15.636				$15.843
Addicott, Virginia Claire												0.005	0.00%	0.005	0.00%			0.005	0.00%			0.00%
Director - Shares - Amount													$0.092		$0.108				$0.142
Options - percentage												0.029	0.01%	0.045	0.01%			0.055	0.01%			21.67%
Options - amount													$0.543		$0.976				$1.564
Clarke, Andrew				0.015	0.00%	0.015	0.00%	0.015	0.00%	0.015	0.00%	0.015	0.00%	0.015	0.00%			0.015	0.00%			0.00%
Director - Shares - Amount					$0.104		$0.166		$0.201		$0.193		$0.277		$0.323				$0.426
Options - percentage				0.013	0.00%	0.035	0.01%	0.056	0.01%	0.071	0.02%	0.082	0.02%	0.100	0.03%			0.111	0.03%			11.30%
Options - amount					$0.091		$0.391		$0.743		$0.918		$1.522		$2.146				$3.145
Taylor, Kathleen														0.020	0.01%			0.020	0.01%			0.00%
Chairman  - Shares - Amt															$0.431				$0.568
Options - percentage														0.000	0.00%			0.014	0.00%			#DIV/0!
Options - amount															$0.000				$0.390
Denison, David Francis						0.030	0.01%	0.031	0.01%	0.031	0.01%	0.031	0.01%	0.031	0.01%						Ceased Insider May 2024	-100.00%
Chairman  - Shares - Amt							$0.333		$0.410		$0.394		$0.565		$0.660
Options - percentage						0.042	0.01%	0.079	0.02%	0.107	0.03%	0.127	0.03%	0.157	0.04%							-100.00%
Options - amount							$0.469		$1.057		$1.381		$2.349		$3.386
Increase in O/S Shares	0.61%	0.982	0.25%	2.254	0.59%	0.524	0.12%	1.649	0.38%	2.851	0.65%	3.804	0.94%	1.302	0.33%			0.630	0.16%
Due to Stock Options	$31.409		$12.139		$21.411		$3.618		$18.284		$38.146		$48.995		$24.017				$13.591
Book Value	$25.754		$6.436		$14.518		$2.625		$16.667		$40.025		$40.025		$19.462				$8.653
Insider Buying			-$2.156		-$4.786		-$0.581		-$1.188		$0.000		-$0.122		-$5.782				-$1.952
Insider Selling			$11.002		$0.000		$0.106		$0.852		$3.048		$4.607		$9.609				$5.564
Net Insider Selling			$8.846		-$4.786		-$0.475		-$0.336		$3.048		$4.485		$3.828				$3.613
Net Selling % of Market Cap			0.11%		-0.06%		-0.01%		0.00%		0.04%		0.05%		0.05%				0.03%
Directors				9		9		10		10		9		10				10
Women				1	11%	2	22%	3	30%	4	40%	4	44%	6	60%			6	60%
Minorities				0	0%	0	0%	0	0%	0	0%	0	0%	0	0%			0	0%
Institutions/Holdings				7	17.80%	20	39.20%	20	60.78%			20	50.62%	20	31.64%			20	36.85%
Total Shares Held				0.913	132.25%	170.454	24703.49%	266.636	38642.84%			198.792	18578.72%	123.090	9541.86%			149.096	11557.84%
Increase/Decrease 3 Mths				-0.026	-2.78%	2.790	1.66%	66.837	33.45%			0.276	0.14%	1.288	1.06%			7.679	5.43%
Starting No. of Shares				0.939		167.664	Top 20 MS	199.798	Top 20 MS			198.517	Top 20 MS	121.802	Top 20 MS			141.417	Top 20 MS
Institutions/Holdings
Total Shares Held
Increase/Decrease 3 Mths
Starting No. of Shares
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