| Income Statement for PetroCanada (PCA:CA) | | | | | | | Income | in Millions of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 21,710 | 18,911 | 17,585 | 14,687 | 12,209 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (10,781) | (9,988) | (9,117) | (6,969) | (5,076) | | Gross Operating Profit | 10,929 | 8,923 | 8,468 | 7,718 | 7,133 | | | Selling/General/Admin Expense | (3,552) | (3,180) | (2,962) | (2,690) | (2,678) | | Research & Development | - | - | - | - | - | | EBITDA | 7,377 | 5,743 | 5,506 | 5,028 | 4,455 | | Depreciation & Amortization | (2,091) | (1,365) | (1,222) | (1,408) | (1,561) | | EBIT | 5,286 | 4,378 | 4,284 | 3,620 | 2,894 | | Interest Income | - | - | - | - | - | | Other Income, Net | (214) | (241) | (718) | (233) | 263 | | Total Income Avail For Interest Expense | 5,072 | 4,137 | 3,566 | 3,387 | 3,157 | | Interest Expense | (165) | (165) | (164) | (142) | (182) | | Pre-Tax Income | 4,907 | 3,972 | 3,402 | 3,245 | 2,975 | | Income Taxes | (2,174) | (2,384) | (1,709) | (1,488) | (1,306) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 2,733 | 1,588 | 1,693 | 1,757 | 1,669 | | Net Income from Discontinued Operations | - | 152 | (98) | - | - | | Net Income from Total Operations | 2,733 | 1,740 | 1,595 | 1,757 | 1,669 | | | Normalized Income | 2,733 | 1,588 | 1,693 | 1,757 | 1,669 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 2,733 | 1,740 | 1,595 | 1,757 | 1,669 | | | Results | in Dollars (Preferred Dividends in Millions) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 0.49 | 0.40 | 0.33 | 0.28 | 0.20 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 5.59 | 3.15 | 3.27 | 3.32 | 3.15 | | Basic EPS from Discontinued Operations | 0.00 | 0.30 | -3.45 | 0.00 | 0.00 | | Basic EPS from Total Operations | 5.59 | 3.45 | -0.18 | 3.32 | 3.15 | | | Diluted EPS from Continuing Operations | 5.53 | 3.11 | 3.27 | 3.28 | 3.12 | | Diluted EPS from Discontinued Operations | 0.00 | 0.30 | -3.41 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 5.53 | 3.41 | -0.14 | 3.28 | 3.12 | | | |