Income (Loss) before Income Taxes is
Comprised of:

Oil and Gas¹

1,050

303

976

604

1,364

642

(255)

308

Energy Marketing

14

(4)

(183)

70

(79)

(4)

(161)

5

Syncrude

78

54

97

48

139

88

37

76

Chemicals

(4)

11

11

21

5

25

(26)

7

Corporate and Other

(38)

(145)

(208)

(93)

77

(63)

274

(57)

1,100

219

693

650

1,506

688

(131)

339

Net Income (Loss) —
Canadian GAAP

630

121

380

368

886

403

(181)

194

US GAAP Adjustments

(13)

(3)

(62)

(14)

120

(15)

(56)

(42)

Net Income (Loss) —
US GAAP

617

118

318

354

1,006

388

(237)

152

Earnings (Loss) per
Common Share ($/share)

Canadian GAAP — Basic

1.19

0.23

0.72

0.70

1.68

0.77

(0.35)

0.37

Canadian GAAP — Diluted

1.17

0.22

0.70

0.68

1.66

0.75

(0.35)

0.36

US GAAP — Basic

1.17

0.22

0.60

0.67

1.91

0.74

(0.46)

0.29

US GAAP — Diluted

1.15

0.22

0.59

0.66

1.89

0.72

(0.46)

0.28

Dividends Declared²

0.025

0.025

0.050

0.025

0.050

0.025

0.050

0.025

Common Share Prices ($/share)

Toronto Stock
Exchange — High

34.20

37.60

43.45

36.51

41.47

36.32

29.10

32.63

Toronto Stock
Exchange — Low

26.00

29.66

29.69

31.25

21.12

27.21

13.33

27.88

New York Stock
Exchange — High (US$)

34.57

31.88

42.71

32.21

40.99

34.79

23.99

34.37

New York Stock
Exchange — Low (US$)

25.11

25.18

28.87

29.08

20.56

25.25

10.81

27.58