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- Q3 2003 revenues of US$2.27 billion
- Q3 2003 net earnings of approximately US$179 million; approximately US$0.04 per common share on a diluted basis
- Previously announced comprehensive review of assets and liabilities to lead to restatement of financial statements for 2000, 2001, 2002, Q1 2003 and Q2 2003
- Restatement primarily relates to the elimination of liabilities of approximately US$900 million, partially offset by a reduction in the net deferred income tax asset of approximately US$160 million
- Principal expected impacts of restatement on previously reported results: reduction in net losses for 2000, 2001 and 2002; increase in shareholders' equity and net assets; no expected impact to cash balance as at June 30, 2003 or to forward business operations
5:00 - 6:00 PM Eastern Time
Speakers:
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Frank Dunn,
President, Chief Executive Officer
Doug Beatty, Chief Financial Officer
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Angela McMonagle, Vice President, Corporate Marketing & Investor Relations
Supporting Information:
Preliminary Consolidated Results (64.3 KB)Get the plug-in*
Investor Contacts:
Investor Relations |
