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Atlantic Power Corp TSX: ATP NYSE: AT www.atlanticpower.com Fiscal Yr: Dec 31 Q1 2017
Year 12/31/05 12/31/06 12/31/07 12/31/08 12/31/09 12/31/10 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 US GAAP US GAAP US GAAP US GAAP US GAAP US GAAP US GAAP US GAAP US GAAP US GAAP Accounting Rules
USD - CDN$ 1.1659 1.1653 0.9881 1.2246 1.0466 0.9946 1.0170 0.9949 1.0636 1.1601 1.3847 1.3427 1.2672 1.2672 1.2672 1.43% <-IRR #YR-> 10 USD - CDN$ Fixed 2014
-3.13% -0.05% -15.21% 23.93% -14.54% -4.97% 2.25% -2.17% 6.91% 9.07% 19.36% -3.04% -5.62% 0.00% 0.00% 5.71% <-IRR #YR-> 5 USD - CDN$
$391 <-12 mths -2.00%
Revenue US$ $184.7 $242.9 $306.2 $334.2 $228.3 $195.3 $284.9 $440.4 $551.7 $569.2 $420.2 $399.2 $456.0 $381.0 64.38% <-Total Growth 10 Revenue US$
Increase 898.92% 31.49% 26.08% 9.15% -31.70% -14.47% 45.91% 54.58% 25.28% 3.17% -26.18% -5.00% 14.23% -16.45% 5.10% <-IRR #YR-> 10 Revenue US$
5 year Running Average $217.3 $259.3 $261.4 $269.8 $296.6 $340.1 $408.3 $453.3 $476.1 $479.3 $445.1 6.98% <-IRR #YR-> 5 Revenue US$
Revenue per Share $4.17 $3.95 $4.98 $5.48 $3.78 $2.91 $2.51 $3.69 $4.59 $4.69 $3.44 $3.48 $3.96 $3.31 9.07% <-IRR #YR-> 7 5 yr Running Average US$
Increase 729.07% -5.16% 26.08% 10.10% -31.09% -23.02% -13.74% 46.91% 24.49% 2.22% -26.68% 1.26% 13.60% -16.45% 12.03% <-IRR #YR-> 5 5 yr Running Average US$
5 year Running Average $3.82 $4.47 $4.22 $3.93 $3.67 $3.49 $3.68 $3.78 $3.98 $4.03 $3.78 -1.25% <-IRR #YR-> 10 Revenue per Share US$
xx 6.78% <-IRR #YR-> 5 Revenue per Share US$
P/S (Price/Sales) Close 2.91 3.33 2.12 1.75 3.18 5.07 5.70 3.10 0.76 0.58 0.57 0.72 0.61 0.73 -1.66% <-IRR #YR-> 7 5 yr Running Average US$
*Revenue in M US$ P/S Close 10 yr  1.94 5 yr  0.72 -68.72% Diff M/C 0.23% <-IRR #YR-> 5 5 yr Running Average US$
$496 <-12 mths -7.51%
Revenue CDN$ $215.3 $283.0 $302.5 $409.3 $238.9 $194.2 $289.7 $438.1 $586.8 $660.3 $581.9 $536.0 $577.8 $482.8 89.40% <-Total Growth 10 Revenue CDN$
Increase 867.63% 31.42% 6.91% 35.28% -41.63% -18.72% 49.19% 51.22% 33.93% 12.53% -11.88% -7.88% 7.81% -16.45% 6.60% <-IRR #YR-> 10 Revenue CDN$
5 year Running Average $246.5 $289.8 $285.6 $286.9 $314.1 $349.6 $433.8 $511.4 $560.6 $588.6 $567.8 13.09% <-IRR #YR-> 5 Revenue CDN$
Revenue per Share $4.86 $4.60 $4.92 $6.72 $3.96 $2.89 $2.55 $3.67 $4.88 $5.44 $4.76 $4.68 $5.01 $4.19 11.90% <-IRR #YR-> 6 5 yr Running Average CDN$
Increase -87.95% 14.52% -11.27% -46.29% 148.10% 75.08% 12.06% -45.71% -75.40% -23.84% -0.61% 25.63% -19.15% 19.69% 14.33% <-IRR #YR-> 5 5 yr Running Average CDN$
5 year Running Average $4.34 $5.01 $4.62 $4.21 $3.96 $3.59 $3.89 $4.26 $4.69 $4.96 $4.82 0.16% <-IRR #YR-> 10 Revenue per Share CDN$
P/S (Price/Sales) Med 2.18 2.27 2.23 1.27 2.50 4.56 5.59 3.52 1.66 0.60 0.66 0.64 12.88% <-IRR #YR-> 5 Revenue per Share CDN$
P/S (Price/Sales) Close 2.14 2.45 2.18 1.17 2.90 5.08 5.69 3.09 0.76 0.58 0.58 0.72 0.58 0.70 0.25% <-IRR #YR-> 6 5 yr Running Average CDN$
*Revenue in M CDN $  P/S 10 yr  1.67 5 yr  0.72 -65.06% Diff M/C 2.18% <-IRR #YR-> 5 5 yr Running Average CDN$
-$283.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $536.0
-$289.7 $0.0 $0.0 $0.0 $0.0 $536.0
-$285.6 $0.0 $0.0 $0.0 $0.0 $0.0 $560.6
-$286.9 $0.0 $0.0 $0.0 $0.0 $560.6
-$4.60 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $4.68
-$2.55 $0.00 $0.00 $0.00 $0.00 $4.68
-$4.62 $0.00 $0.00 $0.00 $0.00 $0.00 $4.69
-$4.21 $0.00 $0.00 $0.00 $0.00 $4.69
Adjusted FFO US$ Amount $29.90 AFFO
Adjusted FFO US$ per share $1.10 $1.13 $0.91 $0.25 $0.03 -$0.05 $0.31 $0.00 -104.42% <-Total Growth 5 AFFO US$
Increase 2.73% -19.47% -72.92% -87.83% -266.67% 720.00% -100.00% #NUM! <-IRR #YR-> 5 AFFO US$
AFFO Yield 7.69% 9.89% 26.15% 9.09% 1.52% -2.00% 12.92% 0.00% #NUM! <-IRR #YR-> 5 AFFO US$
5 year Running Average $0.68 $0.45 -33.66% <-IRR #YR-> 1 5 yr Running Average US$
Payout Ratio 98.2% 102.3% 60.7% 115.4% 288.9% 0.0% 0.0% #DIV/0! -33.66% <-IRR #YR-> 1 5 yr Running Average US$
5 year Running Average 92.5% 91.7% 92.12% <-Median-> 2 Payout 5 yr Running Average US$
P/AFFO Med #NUM! <-Median-> 0 P/AFFO Med US$
P/AFFO High #NUM! <-Median-> 0 P/AFFO High US$
P/AFFO Low #NUM! <-Median-> 0 P/AFFO Low US$
P/AFFO Close 13.00 10.12 3.82 11.00 65.67 -50.00 7.74 #DIV/0! 10.56 <-Median-> 6 P/AFFO Close US$
Trailing P/AFFO Close #DIV/0! 10.39 3.08 2.98 7.99 83.33 -48.00 7.74 #DIV/0! <-Median-> 5 Trailing P/AFFO Close US$
Median Values DPR 10 Yrs 100.26% 5 Yrs   102.29% P/CF 5 Yrs   in order #NUM! #NUM! #NUM! 10.12 -23.46% Diff M/C #NUM! Diff M/C 10 DPR 75% to 95% best US$
Adjusted Funds From Operations per share US$ to Adjusted Free Cash Flow
-$1.10 $0.00 $0.00 $0.00 $0.00 -$0.05
-$1.10 $0.00 $0.00 $0.00 $0.00 -$0.05
-$0.68 $0.45
-$0.68 $0.45
Adjusted FFO CDN$ $1.12 $1.12 $0.97 $0.29 $0.04 -$0.07 $0.39 $0.00 -105.97% <-Total Growth 5 AFFO CDN$
Increase 0.49% -13.91% -70.46% -85.47% -261.61% 685.14% -100.00% #NUM! <-IRR #YR-> 5 AFFO CDN$
FFO Yield 7.7% 9.9% 26.1% 9.1% 1.5% -2.0% 13.4% 0.0% #NUM! <-IRR #YR-> 5 AFFO CDN$
5 year Running Average $0.71 $0.47 $0.32 $0.13 -33.51% <-IRR #YR-> 1 5 yr Running Average CDN$
Payout Ratio 98.2% 102.3% 60.7% 115.4% 288.9% 0.0% 0.0% #DIV/0! -33.51% <-IRR #YR-> 1 5 yr Running Average CDN$
5 year Running Average 92.9% 93.0% 64.0% 68.9% 92.93% <-Median-> 2 Payout 5 yr Running Average CDN$
P/AFFO Med 12.76 11.48 8.35 11.49 75.47 -44.39 8.39 #DIV/0! 11.49 <-Median-> 6 P/AFFO Med CDN$
P/AFFO High 13.77 13.39 13.40 15.32 97.73 -54.37 9.22 #DIV/0! 13.58 <-Median-> 6 P/AFFO High CDN$
P/AFFO Low 11.75 9.58 3.31 7.66 53.20 -34.41 7.56 #DIV/0! 8.62 <-Median-> 6 P/AFFO Low CDN$
P/AFFO Close 12.98 10.08 3.83 11.02 65.96 -50.35 7.46 #DIV/0! 10.55 <-Median-> 6 P/AFFO Close CDN$
Trailing P/AFFO Close 10.13 3.30 3.25 9.58 81.36 -43.64 7.46 9.58 <-Median-> 5 Trailing P/AFFO Close CDN$
Median Values DPR 10 Yrs 100.26% 5 Yrs   102.29% P/CF 5 Yrs   in order 11.48 13.40 7.66 10.08 -35.05% Diff M/C -35.07% Diff M/C 10 DPR 75% to 95% best
Adjusted Funds From Operations per share CDN$
-$1.12 $0.00 $0.00 $0.00 $0.00 -$0.07
-$1.12 $0.00 $0.00 $0.00 $0.00 -$0.07
-$0.71 $0.47
-$0.71 $0.47
Total Distributable Inc $131.60 $108.80 -$55.60 -$19.80
Distributable Inc US$ $1.23 $1.24 $1.31 $1.48 $1.12 $1.10 $1.10 $1.16 $1.04 -$0.46 -$0.16 -100.00% <-Total Growth 9 Distributable Income US$
Increase 778.57% 1.16% 4.92% 13.21% -24.22% -2.15% 0.37% 5.08% -9.84% -143.97% 64.63% #NUM! <-IRR #YR-> 9 Distributable Income US$
DI Yield 10.14% 9.46% 12.34% 15.38% 9.33% 7.42% 7.69% 10.11% 29.95% -16.91% -8.23% #NUM! <-IRR #YR-> 4 Distributable Income US$
5 year Running Average $1.08 $1.28 $1.25 $1.22 $1.19 $1.10 $0.79 $0.54 -9.53% <-IRR #YR-> 7 5 yr Running Average US$
Payout Ratio 70.5% 71.8% 82.2% 58.8% 93.4% 100.4% 98.2% 100.0% 53.0% 53.0% 53.0% #NUM! <-IRR #YR-> 4 5 yr Running Average US$
5 year Running Average 70.43% 74.44% 79.78% 84.74% 88.26% 89.50% 106.05% 118.01% 86.50% <-Median-> 8 Payout 5 yr Running Average
Price/DC Median #NUM! <-Median-> 0 Price/DC Median
Price/DC High #NUM! <-Median-> 0 Price/DC High
Price/DC Low #NUM! <-Median-> 0 Price/DC Low
Price/DC Close 9.86 10.57 8.11 6.50 10.72 13.47 13.00 9.89 3.34 -5.91 -12.15 8.11 <-Median-> 9 Price/DC Close
Trailing P/DC Close 86.61 10.70 8.50 7.36 8.12 13.18 13.05 10.39 3.01 0.02 -0.04 8.12 <-Median-> 9 Trailing P/DC Close
Distributable Income per share US$ to Free Cash Flow Payout R. 10 Yrs 77.01% 5Yrs 53.00% #NUM! Diff M/C 10 DPR 75% to 95% best
Earnings Call Presentation
-$1.23 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$0.16
-$1.10 $0.00 $0.00 $0.00 $0.00 -$0.16
-$1.08 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.54
-$1.25 $0.00 $0.00 $0.00 $0.00 $0.54
Distributable Inc CDN$ $1.46 $1.45 $1.29 $1.81 $1.28 $1.09 $1.12 $1.15 $1.11 -$0.53 -$0.22 -100.00% <-Total Growth 9 Distributable Income CDN$
Increase 758.82% -0.68% -11.03% 40.31% -29.28% -14.84% 2.63% 2.79% -3.61% -147.96% 57.78% #NUM! <-IRR #YR-> 9 Distributable Income CDN$
Yield 14.0% 12.8% 12.0% 23.1% 11.2% 7.4% 7.7% 10.1% 29.9% -16.9% -8.2% #NUM! <-IRR #YR-> 4 Distributable Income CDN$
5 year Running Average $1.24 $1.46 $1.38 $1.32 $1.29 $1.15 $0.79 $0.52 -11.53% <-IRR #YR-> 7 5 yr Running Average CDN$
Payout Ratio 69.23% 71.78% 82.23% 58.76% 85.50% 100.40% 98.24% 100.00% 53.00% -62.07% -53.46% #NUM! <-IRR #YR-> 4 5 yr Running Average CDN$
5 year Running Average -17.99% -10.15% -11.39% -18.79% 3.07% -37.32% -89.86% -159.59% -18.39% <-Median-> 8 Payout 5 yr Running Average CDN$
Price/DI Median 7.24 7.19 8.49 4.72 7.73 12.11 12.76 11.23 7.29 -6.18 -13.97 7.73 <-Median-> 9 Price/DI Median CDN$
Price/DI High 7.90 7.79 9.41 6.01 9.22 13.76 13.77 13.09 11.70 -8.24 -18.09 9.41 <-Median-> 9 Price/DI High CDN$
Price/DI Low 6.58 6.60 7.57 3.43 6.25 10.47 11.75 9.37 2.89 -4.12 -9.85 6.25 <-Median-> 9 Price/DI Low CDN$
Price/DI Close 7.12 7.79 8.30 4.34 8.96 13.48 12.98 9.85 3.35 -5.92 -12.21 8.30 <-Median-> 9 Price/DI Close CDN$
Trailing P/DI Close 61.18 7.73 7.39 6.09 6.34 11.48 13.32 10.13 3.23 2.84 -5.15 6.34 <-Median-> 9 Trailing P/DI Close CDN$
Median Values 10 Yrs 77.01% 5 Yrs   53.00% P/CF 5 Yrs   in order 7.29 11.70 2.89 3.35 -100.00% Diff M/C -100.00% Diff M/C 10 DPR 75% to 95% best CDN$
Distributable Income per share US$
-$1.46 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$0.22
-$1.09 $0.00 $0.00 $0.00 $0.00 -$0.22
-$1.24 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.52
-$1.38 $0.00 $0.00 $0.00 $0.00 $0.52
-$0.92 <-12 mths 9.80%
EPS Basic US$ -$0.01 -$0.05 -$2.43 $1.81 -$0.30 -$0.06 -$0.50 -$0.97 -$0.28 -$1.47 -$0.51 -$1.02 -1940.00% <-Total Growth 10 EPS Basic US$
EPS Diluted* US$ -$0.01 -$0.05 -$2.43 $1.67 -$0.30 -$0.06 -$0.50 -$0.97 -$0.28 -$1.47 -$0.51 -$1.02 $0.11 -$0.19 -1940.00% <-Total Growth 10 EPS Diluted US$
Increase 98.25% -400.00% -4760.00% 168.72% -117.96% 80.00% -733.33% -94.00% 71.13% -425.00% 65.31% -100.00% 110.78% -272.73% 35.20% <-IRR #YR-> 10 Earnings US$
Earnings Yield -0.1% -0.4% -23.0% 17.4% -2.5% -0.4% -3.5% -8.5% -8.0% -54.2% -25.9% -40.8% 15.33% <-IRR #YR-> 5 Earnings US$
5 year Running Average -$0.25 -$0.20 -$0.21 -$0.30 $0.00 -$0.42 -$0.66 -$0.75 -$0.85 -$0.66 -$0.60 16.53% <-IRR #YR-> 8 5 yr Running Average US$
10 year Running Average -$0.34 -$0.43 -$0.48 -$0.57 -$0.33 -$0.51 23.49% <-IRR #YR-> 5 5 yr Running Average US$
* ESP per share  E/P 10 Yrs -8.27% 5Yrs -25.89%
$0.05 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$1.02
$0.50 $0.00 $0.00 $0.00 $0.00 -$1.02
$0.25 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$0.85
$0.30 $0.00 $0.00 $0.00 $0.00 -$0.85
-$1.17 <-12 mths 14.88%
EPS Basic CDN$ -$0.01 -$0.06 -$2.40 $2.22 -$0.31 -$0.06 -$0.51 -$0.97 -$0.30 -$1.71 -$0.71 -$1.37 -2250.56% <-Total Growth 10 EPS Basic CDN$
EPS Diluted* CDN$ -$0.01 -$0.06 -$2.40 $2.05 -$0.31 -$0.06 -$0.51 -$0.97 -$0.30 -$1.71 -$0.71 -$1.37 $0.14 -$0.24 -2250.56% <-Total Growth 10 EPS Diluted CDN$
Increase 98.30% -399.74% -4020.97% 185.17% -115.35% 80.99% -752.10% -89.78% 69.14% -472.63% 58.59% -93.93% 110.18% -272.73% 37.13% <-IRR #YR-> 10 Earnings per Share CDN$
Earnings Yield -0.1% -0.5% -22.4% 26.1% -2.7% -0.4% -3.5% -8.5% -8.0% -54.1% -25.8% -40.5% 4.8% -8.2% 21.92% <-IRR #YR-> 5 Earnings per Share CDN$
5 year Running Average -$0.22 -$0.15 -$0.16 -$0.25 $0.04 -$0.43 -$0.71 -$0.84 -$1.01 -$0.79 -$0.78 20.80% <-IRR #YR-> 8 5 yr Running Average CDN$
10 year Running Average -$0.33 -$0.43 -$0.50 -$0.63 -$0.37 -$0.60 32.43% <-IRR #YR-> 5 5 yr Running Average CDN$
* Diluted ESP per share  E/P 10 Yrs -8.27% 5Yrs -25.77%
$0.06 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$1.37
$0.51 $0.00 $0.00 $0.00 $0.00 -$1.37
$0.22 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$1.01
$0.25 $0.00 $0.00 $0.00 $0.00 -$1.01
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 $0.00 <-Median-> 10 Special Dividends
Dividends* US$ $0.87 $0.89 $1.07 $0.87 $1.05 $1.10 $1.08 $1.16 $0.55 $0.28 $0.09 $0.00 $0.00 $0.00 $0.00 -100.00% <-Total Growth 10 Dividends US$
Increase  773.21% 3.02% 20.20% -19.10% 20.40% 5.23% -1.79% 6.96% -52.21% -48.50% -69.53% -100.00% #DIV/0! #DIV/0! #DIV/0! Count 13 Years of data US$
Dividends 5 Yr Running $0.76 $0.95 $1.00 $1.03 $1.05 $0.99 $0.83 $0.63 $0.42 $0.18 $0.07 $0.02 -56.21% <-Total Growth 8 Dividends US$
Yield H/L Price #NUM! <-Median-> 0 Dividends US$
Yield on High  Price #NUM! <-Median-> 0 Dividends US$
Yield on Low Price #NUM! <-Median-> 0 Dividends US$
Yield on Close Price 7.15% 6.79% 10.14% 9.03% 8.71% 7.45% 7.56% 10.11% 15.87% 10.50% 4.40% 0.00% 0.00% 0.00% 0.00% 8.87% <-Median-> 10 Dividends US$
Payout Ratio EPS -8669.70% -1786% -44.18% 52.01% -348.56% -1833.90% -216.13% -119.16% -197.26% -19.35% -16.99% 0.00% 0.00% 0.00% #DIV/0! -81.67% <-Median-> 10 Payout Ratio EPS US$
DPR EPS 5 Yr Running -304.12% -484.48% -483.62% -349.24% -26255% -233.88% -127.24% -84.72% -48.92% -28.15% -12.37% #DIV/0! -304.12% <-Median-> 9 DPR EPS 5 Yr Running US$
Payout Ratio CFPS 100.18% 95.45% 76.82% 49.35% 101.08% 84.93% 219.33% 82.63% 43.56% 53.09% 12.11% 0.00% 0.00% 0.00% #DIV/0! 64.96% <-Median-> 10 Payout Ratio CFPS US$
DPR CF 5 Yr Running 71.61% 79.23% 77.55% 86.43% 87.79% 89.90% 83.63% 71.64% 42.49% 19.63% 8.70% #DIV/0! 79.23% <-Median-> 9 DPR CF 5 Yr Running US$
Payout Ratio CFPS WC 93.71% 90.93% 84.06% 55.65% 149.72% 90.37% 179.88% 83.99% 63.05% 41.28% 13.64% 0.00% 0.00% 0.00% #DIV/0! 73.52% <-Median-> 10 Payout Ratio CFPS WC US$
DPR CF WC 5 Yr Running 77.76% 87.22% 86.84% 96.53% 96.28% 103.48% 87.69% 75.64% 47.25% 21.81% 8.86% #DIV/0! 87.22% <-Median-> 9 DPR CF WC 5 Yr Running US$
Median Values 5 Yr Med 5 Yr Cl #NUM! 10.11% 5 Yr Med Payout -19.35% 43.56% 41.28% 13.64% 0.00% #DIV/0! #NUM! <-IRR #YR-> 10 Dividends US$
* Dividends per share  5 Yr Med and Cur. #NUM! -100.00% Last Div Inc ---> $0.1000 $0.0300 -70.0% #NUM! <-IRR #YR-> 5 Dividends US$
-$0.89 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
-$1.08 $0.00 $0.00 $0.00 $0.00 $0.00
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 $0.00 <-Median-> 10 Special Dividends CDN$
Dividends* CDN$ $1.01 $1.04 $1.06 $1.06 $1.09 $1.09 $1.10 $1.15 $0.59 $0.33 $0.12 $0.00 $0.00 $0.00 $0.00 -100.00% <-Total Growth 10 Dividends CDN$
Increase 745.86% 2.97% 1.92% 0.26% 2.90% 0.00% 0.42% 4.63% -48.91% -43.83% -63.63% -100.00% #DIV/0! #DIV/0! #DIV/0! Count 13 Years of data CDN$
Dividends 5 Yr Running $0.86 $1.05 $1.07 $1.08 $1.10 $1.01 $0.85 $0.66 $0.44 $0.21 $0.09 $0.02 -59.14% <-Total Growth 8 Dividends 5 Yr Running CDN$
Yield H/L Price 9.56% 9.98% 9.68% 12.45% 11.05% 8.29% 7.70% 8.91% 7.27% 10.04% 3.83% 0.00% 0.00% 8.60% <-Median-> 10 Yield H/L Price CDN$
Yield on High  Price 8.76% 9.22% 8.74% 9.78% 9.27% 7.30% 7.14% 7.64% 4.53% 7.53% 2.96% 0.00% 0.00% 7.41% <-Median-> 10 Yield on High  Price CDN$
Yield on Low Price 10.53% 10.88% 10.86% 17.13% 13.68% 9.59% 8.36% 10.68% 18.36% 15.07% 5.43% 0.00% 0.00% 10.77% <-Median-> 10 Yield on Low Price CDN$
Yield on Close Price 9.72% 9.22% 9.90% 13.55% 9.54% 7.45% 7.57% 10.15% 15.83% 10.48% 4.38% 0.00% 0.00% 0.00% 0.00% 9.72% <-Median-> 10 Yield on Close Price CDN$
Payout Ratio EPS -8669.7% -1786% -44.2% 52.0% -348.6% -1834% -216% -119% -197% -19% -17% 0% 0% 0% #DIV/0! -81.67% <-Median-> 10 DPR EPS CDN$
DPR EPS 5 Yr Running -386.29% -712.31% -679.51% -437.12% 2780.26% -234.28% -120.49% -78.57% -43.37% -26.33% -11.59% #DIV/0! -234.28% <-Median-> 9 DPR EPS 5 Yr Running CDN$
Payout Ratio CFPS 100.2% 95.4% 76.8% 49.4% 101.1% 84.9% 219.3% 82.6% 43.6% 53.1% 12.1% 0.0% 0.0% 0.0% #DIV/0! 64.96% <-Median-> 10 DPR CF CDN$
DPR CF 5 Yr Running 70.92% 78.45% 76.51% 84.46% 85.70% 89.54% 82.71% 67.71% 38.63% 17.87% 8.17% #DIV/0! 78.45% <-Median-> 9 DPR CF 5 Yr Running CDN$
Payout Ratio CFPS WC 93.7% 90.9% 84.1% 55.6% 149.7% 90.4% 179.9% 84.0% 63.0% 41.3% 13.6% 0.0% 0.0% 0.0% #DIV/0! 73.52% <-Median-> 10 DPR CF WC CDN$
DPR CF WC 5 Yr Running 77.13% 86.01% 85.53% 94.52% 94.31% 103.53% 86.56% 71.58% 43.01% 19.76% 8.38% #DIV/0! 86.01% <-Median-> 9 DPR CF WC 5 Yr Running CDN$
Median Values 5 Yr Med 5 Yr Cl 7.27% 10.15% 5 Yr Med Payout -19.35% 43.56% 41.28% #NUM! <-IRR #YR-> 10 Dividends CDN$
* Dividends per share  5 Yr Med and Cur. -100.00% -100.00% Last Div Inc ---> $0.1000 $0.0300 -70.0% #NUM! <-IRR #YR-> 5 Dividends CDN$
-$1.04 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
-$1.10 $0.00 $0.00 $0.00 $0.00 $0.00
Historical Dividends Historical High Div 17.87% Low Div 0.43% Ave Div 9.15% Med Div 8.91% Close Div 9.54% Historical Dividends
High/Ave/Median Values Curr diff Exp. -100.00% Exp -100.00% Exp. -100.00% Exp. -100.00% Exp. -100.00% High/Ave/Median 
Future Dividend Yield Div Yd 0.00% earning in 5.00 Years at IRR of 0.0% Div Inc. #DIV/0! Future Dividend Yield
Future Dividend Yield Div Yd 0.00% earning in 10 Years at IRR of 0.0% Div Inc. #DIV/0! Future Dividend Yield
Future Dividend Yield Div Yd 0.00% earning in 15 Years at IRR of 0.0% Div Inc. #DIV/0! Future Dividend Yield
Yield if held 5 yrs 10.39% 10.35% 10.54% 10.50% 6.87% 3.33% 0.91% 0.00% 0.00% 0.00% 0.00% 8.61% <-Median-> 8 Paid Median Price CDN$
Yield if held 10 yrs 3.13% 1.14% 0.00% 0.00% 0.00% 0.00% 1.14% <-Median-> 3 Paid Median Price CDN$
Yield if held 15 yrs 0.00% #NUM! <-Median-> 0 Paid Median Price CDN$
Cost covered if held 5 years 50.03% 50.65% 51.89% 50.22% 58.81% 43.04% 24.89% 15.32% 8.04% 5.57% 3.65% 50.12% <-Median-> 8 Paid Median Price CDN$
Cost covered if held 10 years 90.47% 81.74% 72.86% 59.69% 64.08% 44.25% 81.74% <-Median-> 3 Paid Median Price CDN$
Cost covered if held 15 years 91.61% #NUM! <-Median-> 0 Paid Median Price CDN$
Graham No. DI/ AFFO after 2011 $9.93 $10.05 $7.29 $12.63 $15.47 $12.50 $14.18 $12.40 $10.83 $4.68 $1.51 $0.84 $2.50 $0.00 $0.00 -91.63% <-Total Growth 10 Graham Price CDN$
Price/GP Ratio Med 1.06 1.04 1.50 0.68 0.64 1.06 1.01 1.04 0.75 0.70 2.08 3.54 1.32 #DIV/0! #DIV/0! 1.02 <-Median-> 10 Price/GP Ratio CDN$
Price/GP Ratio High 1.16 1.12 1.67 0.86 0.76 1.20 1.09 1.21 1.20 0.94 2.70 4.34 1.45 #DIV/0! #DIV/0! 1.20 <-Median-> 10 Price/GP Ratio CDN$
Price/GP Ratio Low 0.97 0.95 1.34 0.49 0.52 0.91 0.93 0.87 0.30 0.47 1.47 2.75 1.19 #DIV/0! #DIV/0! 0.89 <-Median-> 10 Price/GP Ratio CDN$
Price/GP Ratio Close 1.05 1.12 1.47 0.62 0.74 1.18 1.02 0.91 0.34 0.67 1.82 4.02 1.17 #DIV/0! #DIV/0! 0.97 <-Median-> 10 Price/GP Ratio CDN$
Prem/Disc Close 4.72% 12.31% 47.00% -37.85% -25.86% 17.53% 2.41% -8.62% -65.73% -32.70% 82.00% 301.87% 17.02% #DIV/0! #DIV/0! -3.10% <-Median-> 10 Graham Price CDN$
Graham No. #NUM! #NUM! #NUM! $13.43 #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! $1.49 #NUM! $0.00 #NUM! <-Total Growth 0 Graham Price CDN$
Price/GP Ratio Med #NUM! #NUM! #NUM! 0.64 #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! 2.21 #NUM! <-Median-> 1 Price/GP Ratio CDN$
Price/GP Ratio High #NUM! #NUM! #NUM! 0.81 #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! 2.43 #NUM! <-Median-> 1 Price/GP Ratio CDN$
Price/GP Ratio Low #NUM! #NUM! #NUM! 0.46 #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! 1.99 #NUM! <-Median-> 1 Price/GP Ratio CDN$
Price/GP Ratio Close #NUM! #NUM! #NUM! 0.58 #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! 1.96 #NUM! #DIV/0! #NUM! <-Median-> 1 Price/GP Ratio CDN$
Prem/Disc Close #NUM! #NUM! #NUM! -41.53% #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! #NUM! 96.45% #NUM! #DIV/0! #NUM! <-Median-> 1 Graham Price CDN$
Price Close $10.40 $11.29 $10.71 $7.85 $11.47 $14.69 $14.52 $11.33 $3.71 $3.15 $2.74 $3.38 $2.93 $2.93 $2.93 -70.06% <-Total Growth 10 Stock Price CDN$
Increase -3.26% 8.56% -5.14% -26.70% 46.11% 28.07% -1.16% -21.97% -67.26% -15.09% -13.02% 23.36% -13.31% 0.00% 0.00% -11.36% <-IRR #YR-> 10 Stock Price CDN$
P/E -892.01 -193.77 -4.46 3.84 -36.53 -246.16 -28.55 -11.74 -12.46 -1.85 -3.88 -2.47 21.02 -12.17 #DIV/0! -25.29% <-IRR #YR-> 5 Stock Price CDN$
Trailing P/E -15.16 -968.35 -183.82 -3.27 5.61 -46.79 -243.31 -22.28 -3.84 -10.58 -1.61 -4.79 -2.14 21.02 -12.17 -0.47% <-IRR #YR-> 10 Price & Dividend CDN$
Median 10, 5 Yrs D.  per yr 10.89% 4.08% % Tot Ret -2324% -19.25% Price Inc -15.09% P/E:  -8.10 -3.88 -21.21% <-IRR #YR-> 5 Price & Dividend CDN$
-$11.29 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $3.38
-$14.52 $0.00 $0.00 $0.00 $0.00 $3.38
-$11.29 $1.06 $1.06 $1.09 $1.09 $1.10 $1.15 $0.59 $0.33 $0.12 $3.38
-$14.52 $1.15 $0.59 $0.33 $0.12 $3.38
Price H/L Median $10.57 $10.43 $10.96 $8.55 $9.90 $13.21 $14.28 $12.91 $8.09 $3.29 $3.14 $2.98 $3.30 -71.43% <-Total Growth 10 Stock Price CDN$
Increase 0.33% -1.32% 5.03% -22.00% 15.86% 33.38% 8.10% -9.56% -37.37% -59.37% -4.57% -4.94% 10.57% -11.77% <-IRR #YR-> 10 Stock Price CDN$
P/E -906.60 -179.01 -4.56 4.18 -31.53 -221.28 -28.07 -13.38 -27.15 -1.93 -4.44 -2.18 23.64 -26.90% <-IRR #YR-> 5 Stock Price CDN$
Trailing P/E -15.41 -894.59 -188.02 -3.56 4.84 -42.06 -239.21 -25.39 -8.38 -11.03 -1.84 -4.22 -2.41 0.25% <-IRR #YR-> 10 Price & Dividend CDN$
P/E on Run. 5 yr Ave -38.42 -66.90 -83.80 -57.65 326.22 -18.85 -4.64 -3.75 -2.95 -4.18 -22.64% <-IRR #YR-> 5 Price & Dividend CDN$
P/E on Run. 10 yr Ave -24.82 -7.68 -6.31 -4.74 -8.81 -15.36 P/E Ratio Historical Median
Median 10, 5 Yrs D.  per yr 12.02% 4.25% % Tot Ret 4840.36% -18.78% Price Inc -9.56% P/E:  -8.97 -4.44 Count 13 Years of data
-$10.43 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.98
-$14.28 $0.00 $0.00 $0.00 $0.00 $2.98
-$10.43 $1.06 $1.06 $1.09 $1.09 $1.10 $1.15 $0.59 $0.33 $0.12 $2.98
-$14.28 $1.15 $0.59 $0.33 $0.12 $2.98
High Months Sep Dec May Jan Nov Dec Jul Nov Jan Jul Jun Nov Apr
Price High $11.54 $11.29 $12.14 $10.88 $11.80 $15.00 $15.40 $15.05 $12.97 $4.38 $4.06 $3.65 $3.62 -67.67% <-Total Growth 10 Stock Price CDN$
Increase 3.78% -2.17% 7.53% -10.38% 8.46% 27.12% 2.67% -2.27% -13.82% -66.23% -7.31% -10.10% -0.82% -10.68% <-IRR #YR-> 10 Stock Price CDN$
P/E -989.79 -193.77 -5.06 5.32 -37.58 -251.36 -30.29 -15.59 -43.55 -2.57 -5.75 -2.67 25.97 -25.02% <-IRR #YR-> 5 Stock Price CDN$
Trailing P/E -16.82 -968.35 -208.36 -4.53 5.77 -47.77 -258.06 -29.60 -13.44 -14.71 -2.38 -5.17 -2.64 -16.21 P/E Ratio Historical Median
Median 10, 5 Yrs Price Inc -10.10% P/E:  -10.67 -5.75 -2.65 P/E Ratio Historical High
-$11.29 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $3.65
-$15.40 $0.00 $0.00 $0.00 $0.00 $3.65
Low Months Aug Jun  Aug Nov Jan May Nov Dec Dec Oct Dec Feb Jul
Price Low $9.60 $9.57 $9.77 $6.21 $8.00 $11.41 $13.15 $10.77 $3.20 $2.19 $2.21 $2.31 $2.97 -75.86% <-Total Growth 10 Stock Price CDN$
Increase -3.52% -0.31% 2.09% -36.44% 28.82% 42.63% 15.25% -18.10% -70.29% -31.56% 0.91% 4.52% 28.57% -13.25% <-IRR #YR-> 10 Stock Price CDN$
P/E -823.40 -164.25 -4.07 3.04 -25.48 -191.20 -25.86 -11.16 -10.75 -1.28 -3.13 -1.69 21.31 -29.38% <-IRR #YR-> 5 Stock Price CDN$
Trailing P/E -13.99 -820.83 -167.68 -2.59 3.91 -36.34 -220.36 -21.18 -3.32 -7.35 -1.30 -3.27 -2.17 -11.16 P/E Ratio Historical Median
Median 10, 5 Yrs Price Inc -18.10% P/E:  -7.41 -3.13 -169.64 P/E Ratio Historical Low
-$9.57 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.31
Price Close US$ $12.13 $13.16 $10.58 $9.61 $12.00 $14.76 $14.30 $11.43 $3.48 $2.71 $1.97 $2.50 $2.40 $2.40 $2.40 -81.00% <-Total Growth 10 Stock Price US$
Increase -6.29% 8.50% -19.56% -9.16% 24.88% 22.95% -3.12% -20.07% -69.55% -22.13% -27.31% 26.90% -4.00% 0.00% 0.00% -15.30% <-IRR #YR-> 10 Stock Price US$
P/E -1212.54 -263.12 -4.35 5.76 -40.02 -246.00 -28.60 -11.78 -12.43 -1.84 -3.86 -2.45 21.82 -12.63 #DIV/0! -29.45% <-IRR #YR-> 5 Stock Price US$
Trailing P/E -21.27 -1315.62 -211.65 -3.96 7.19 -49.20 -238.33 -22.86 -3.59 -9.68 -1.34 -4.90 -2.35 21.82 -12.63 -4.99% <-IRR #YR-> 10 Price & Dividend US$
Median 10, 5 Yrs D.  per yr 10.31% 4.08% % Tot Ret -206.62% -16.08% Price Inc -22.13% P/E:  -8.07 -3.86 -25.37% <-IRR #YR-> 5 Price & Dividend US$
-$13.16 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.50
-$14.30 $0.00 $0.00 $0.00 $0.00 $2.50
-$13.16 $1.07 $0.87 $1.05 $1.10 $1.08 $1.16 $0.55 $0.28 $0.09 $2.50
-$14.30 $1.16 $0.55 $0.28 $0.09 $2.50
Long Term Debt US$ $246.04 $428.58 $393.11 $443.67 $326.98 $265.89 $1,425.86 $1,580.30 $1,471.00 $1,145.90 $717.50 $861.10 $837.70 100.92% <-Total Growth 10 Debt US$
Change 148.36% 74.19% -8.28% 12.86% -26.30% -18.69% 436.27% 10.83% -6.92% -22.10% -37.39% 20.01% -2.72% -7.60% <-Median-> 10 Change US$
Long Term Debt CDN$ $286.86 $499.42 $388.44 $543.31 $342.22 $264.45 $1,450.10 $1,572.24 $1,564.56 $1,329.36 $993.55 $1,156.20 $1,061.53 131.51% <-Total Growth 10 Debt CDN$
Change 140.58% 74.10% -22.22% 39.87% -37.01% -22.73% 448.34% 8.42% -0.49% -15.03% -25.26% 16.37% -8.19% -7.76% <-Median-> 10 Change CDN$
Ratio to Market Cap 0.62 0.72 0.59 1.14 0.49 0.27 0.88 1.16 3.51 3.48 2.97 2.98 3.14 1.15 <-Median-> 10 % of Market C. CDN$
Intangible Assets US$ $584.27 $524.88 $451.50 $381.40 $308.90 $246.00 $246.00 They do not properly  Intangible Assets US$
Goodwill US$ $12.45 $343.59 $334.67 $296.30 $197.20 $134.50 $36.00 $36.00 separate intangible assets Goodwill US$
Change 2659.06% -2.60% -11.46% -33.45% -31.80% -73.23% 0.00% -21.63% <-Median-> 6 Change US$
Intangible Assets CDN$ $594.21 $522.21 $480.22 $442.46 $427.75 $330.30 $311.73 $461.34 <-Median-> 6 Intangible Assets CDN$
% of Market Cap 0.36 0.39 1.08 1.16 1.28 0.85 0.92 0.96 <-Median-> 6 Intangible Assets CDN$
Goodwill CDN$ $12.39 $349.43 $332.96 $315.14 $228.77 $186.25 $48.34 $45.62 $228.77 <-Median-> 7 % of Market C. CDN$
% of Market Cap 0.01 0.21 0.25 0.71 0.60 0.56 0.12 0.14 0.25 <-Median-> 7 % of Market C. CDN$
Total % of Market Cap 0.01 0.57 0.63 1.78 1.76 1.83 0.98 1.06 0.98 <-Median-> 7 % of Market C. CDN$
Market Cap US$ $538 $809 $651 $586 $725 $991 $1,623 $1,365 $418 $329 $241 $287 $277 $277 $277 -64.57% <-Total Growth 10 Market Cap US$
Market Cap CDN$ $461 $694 $658 $478 $693 $986 $1,648 $1,353 $446 $382 $335 $387 $338 $338 $338 -44.19% <-Total Growth 10 Market Cap CDN$
Diluted # of Shares in Million 38.659 46.398 61.471 66.350 66.203 61.706 77.47 116.43 119.9 120.7 121.9 119.5 114.8 157.55% <-Total Growth 10 Diluted
Change 11.32% 20.02% 32.48% 7.94% -0.22% -6.79% 25.55% 50.29% 2.98% 0.67% 0.99% -1.97% -3.93% 0.02 <-Median-> 10 Change
Basic # of Shares in Millions 38.659 46.398 61.471 61.290 60.632 61.706 77.47 116.43 119.9 120.7 121.9 119.5 114.8 157.55% <-Total Growth 10 Average
Increase 11.32% 20.02% 32.48% -0.29% -1.07% 1.77% 25.55% 50.29% 2.98% 0.67% 0.99% -1.97% -3.93% 0.01 <-Median-> 10 Change
Difference 14.7% 32.5% 0.0% -0.6% -0.4% 8.8% 46.5% 2.6% 0.3% 0.5% 0.2% -4.1% 0.4% 0.00 <-Median-> 10 Difference
$114 <-12 mths 1.52%
# of Share in Millions 44.34 61.47 61.47 60.94 60.40 67.12 113.53 119.45 120.20 121.32 122.15 114.60 115.23 115.23 115.23 6.43% <-IRR #YR-> 10 Shares
Increase 20.49% 38.64% 0.00% -0.86% -0.88% 11.12% 69.14% 5.22% 0.63% 0.93% 0.68% -6.18% 0.55% 0.00% 0.00% 0.19% <-IRR #YR-> 5 Shares
CF fr Op $M US$ $38.4 $57.5 $85.9 $107.2 $62.5 $87.0 $55.9 $167.1 $152.4 $65.0 $87.4 $111.8 $139.4 $95.6 94.36% <-Total Growth 10 Cash Flow US$
Increase 197.51% 49.91% 49.34% 24.84% -41.73% 39.15% -35.67% 198.70% -8.79% -57.35% 34.46% 27.92% 24.71% -31.40% S Iss, SO DRIP US$
5 year Running Average $60.4 $70.3 $80.0 $79.7 $95.9 $105.0 $105.5 $105.6 $116.7 $111.2 $99.9 93.31% <-Total Growth 8 CF 5 Yr Running US$
CFPS US$ $0.87 $0.94 $1.40 $1.76 $1.03 $1.30 $0.49 $1.40 $1.27 $0.54 $0.72 $0.98 $1.21 $0.83 4.25% <-Total Growth 10 Cash Flow per Share US$
Increase 146.92% 8.13% 49.34% 25.93% -41.21% 25.23% -61.97% 183.89% -9.36% -57.74% 33.55% 36.35% 24.03% -31.40% 6.87% <-IRR #YR-> 10 Cash Flow US$
5 year Running Average $1.06 $1.20 $1.28 $1.20 $1.20 $1.10 $1.00 $0.88 $0.98 $0.94 $0.85 14.86% <-IRR #YR-> 5 Cash Flow US$
P/CF on Med Price 0.42% <-IRR #YR-> 10 Cash Flow per Share US$
P/CF on Closing Price $14.01 $14.06 $7.57 $5.46 $11.60 $11.39 $29.02 $8.17 $2.74 $5.06 $2.75 $2.56 $1.98 $2.89 14.64% <-IRR #YR-> 5 Cash Flow per Share US$
-69.57% Diff M/C -1.01% <-IRR #YR-> 8 CFPS 5 yr Running US$
Excl.Working Capital CF $2.7 $2.9 -$7.4 -$12.1 -$20.3 -$5.2 $12.3 -$2.7 -$47.1 $18.6 -$9.8 -$17.4 $0.0 $0.0 -3.93% <-IRR #YR-> 5 CFPS 5 yr Running US$
CF fr Op $M WC US$ $41.0 $60.4 $78.5 $95.1 $42.2 $81.7 $68.2 $164.4 $105.3 $83.6 $77.6 $94.4 $139.4 $95.6 56.34% <-Total Growth 10 Cash Flow less WC US$
Increase 676.16% 47.20% 30.03% 21.14% -55.64% 93.72% -16.55% 141.04% -35.94% -20.61% -7.18% 21.65% 47.70% -31.40% 4.57% <-IRR #YR-> 10 Cash Flow less WC US$
5 year Running Average $56.1 $63.4 $71.6 $73.1 $90.3 $92.4 $100.6 $99.8 $105.1 $100.1 $98.1 6.72% <-IRR #YR-> 5 Cash Flow less WC US$
CFPS Excl. WC US$ $0.93 $0.98 $1.28 $1.56 $0.70 $1.22 $0.60 $1.38 $0.88 $0.69 $0.64 $0.82 $1.21 $0.83 8.17% <-IRR #YR-> 8 CF less WC 5 Yr Run US$
Increase 544.19% 6.18% 30.03% 22.20% -55.25% 74.34% -50.66% 129.09% -36.35% -21.34% -7.81% 29.67% 46.89% -31.40% 7.51% <-IRR #YR-> 5 CF less WC 5 Yr Run US$
5 year Running Average $0.98 $1.09 $1.15 $1.07 $1.09 $0.95 $0.95 $0.84 $0.88 $0.85 $0.84 -1.74% <-IRR #YR-> 10 CFPS - Less WC US$
P/CF on Med Price 6.52% <-IRR #YR-> 5 CFPS - Less WC US$
P/CF on Closing Price 13.11 13.39 8.29 6.16 17.19 12.12 23.80 8.31 3.97 3.93 3.10 3.03 1.98 2.89 -1.31% <-IRR #YR-> 8 CFPS 5 yr Running US$
*Operational Cash Flow per share CF/-WC P/CF Med 10 yr 6.52 5 yr  2.75 P/CF Med 10 yr 7.22 5 yr  3.93 -72.54% Diff M/C -3.85% <-IRR #YR-> 5 CFPS 5 yr Running US$
$144 <-12 mths -4.19%
CF fr Op $M CDN$ $44.7 $67.0 $84.9 $131.3 $65.4 $86.5 $56.9 $166.2 $162.1 $75.4 $121.0 $150.1 $176.7 $121.2 123.95% <-Total Growth 10 Cash Flow CDN$
Increase 188.19% 49.83% 26.63% 54.73% -50.20% 32.24% -34.22% 192.21% -2.49% -53.48% 60.50% 24.03% 17.70% -31.40% S Iss, SO DRIP CDN$
5 year Running Average $68.7 $78.7 $87.0 $85.0 $101.3 $107.4 $109.4 $116.3 $135.0 $137.1 $128.9 96.47% <-Total Growth 8 CF 5 Yr Running CDN$
CFPS CDN$ $1.01 $1.09 $1.38 $2.16 $1.08 $1.29 $0.50 $1.39 $1.35 $0.62 $0.99 $1.31 $1.53 $1.05 20.13% <-Total Growth 10 Cash Flow per Share CDN$
Increase 139.19% 8.08% 26.63% 56.07% -49.76% 19.01% -61.11% 177.72% -3.10% -53.91% 59.41% 32.21% 17.06% -31.40% 8.40% <-IRR #YR-> 10 Cash Flow CDN$
5 year Running Average $1.21 $1.34 $1.40 $1.28 $1.28 $1.12 $1.03 $0.97 $1.13 $1.16 $1.10 21.42% <-IRR #YR-> 5 Cash Flow CDN$
P/CF on Med Price 10.48 9.56 7.93 3.97 9.14 10.25 28.49 9.28 6.00 5.29 3.16 2.27 -0.34% <-IRR #YR-> 10 Cash Flow per Share CDN$
P/CF on Closing Price 10.31 10.35 7.76 3.64 10.59 11.40 28.98 8.14 2.75 5.07 2.77 2.58 1.91 2.79 12.60% <-IRR #YR-> 5 Cash Flow per Share CDN$
-72.56% Diff M/C -3.47% <-IRR #YR-> 6 CFPS 5 yr Running CDN$
Excl.Working Capital CF $3.1 $3.3 -$7.3 -$14.9 -$21.2 -$5.2 $12.5 -$2.7 -$50.1 $21.6 -$13.6 -$23.4 $0.0 $0.0 -2.44% <-IRR #YR-> 5 CFPS 5 yr Running CDN$
CF fr Op $M WC CDN$ $48 $70 $78 $116 $44 $81 $69 $164 $112 $97 $107 $127 $177 $121 80.14% <-Total Growth 10 Cash Flow less WC CDN$
Increase 651.85% 47.12% 10.25% 50.14% -62.09% 84.10% -14.67% 135.80% -31.52% -13.40% 10.80% 17.96% 39.39% -31.40% 6.06% <-IRR #YR-> 10 Cash Flow less WC CDN$
5 year Running Average $63.7 $71.3 $78.0 $77.8 $95.0 $94.1 $104.6 $109.9 $121.3 $124.0 $125.8 12.82% <-IRR #YR-> 5 Cash Flow less WC CDN$
CFPS Excl. WC CDN$ $1.08 $1.14 $1.26 $1.91 $0.73 $1.21 $0.61 $1.37 $0.93 $0.80 $0.88 $1.11 $1.53 $1.05 8.39% <-IRR #YR-> 8 CF less WC 5 Yr Run CDN$
Increase -49.55% 124.11% -31.95% -14.21% 10.04% 25.73% 38.63% -31.40% 9.31% <-IRR #YR-> 5 CF less WC 5 Yr Run CDN$
5 year Running Average $1.11 $1.23 $1.25 $1.15 $1.17 $0.97 $0.98 $0.92 $1.02 $1.05 $1.07 -0.34% <-IRR #YR-> 10 CFPS - Less WC CDN$
P/CF on Med Price 9.80 9.11 8.68 4.47 13.54 10.90 23.36 9.43 8.68 4.11 3.56 2.69 -1.80% <-IRR #YR-> 5 CFPS - Less WC CDN$
P/CF on Closing Price 9.64 9.86 8.49 4.11 15.69 12.13 23.77 8.27 3.98 3.94 3.11 3.06 1.91 2.79 -1.13% <-IRR #YR-> 8 5 yr Running CDN$
*Operational Cash Flow per share CF/-WC P/CF Med 10 yr 6.96 5 yr  5.29 P/CF Med 10 yr 8.68 5 yr  4.11 -77.98% Diff M/C -2.34% <-IRR #YR-> 5 5 yr Running CDN$
-$0.98 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.88 CFPS 5 yr Running US$
-$1.07 $0.00 $0.00 $0.00 $0.00 $0.88 CFPS 5 yr Running US$
-$67 $0 $0 $0 $0 $0 $0 $0 $0 $0 $150 Cash Flow CDN$
-$57 $0 $0 $0 $0 $150 Cash Flow CDN$
-$1.14 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.11 Cash Flow per Share CDN$
-$0.61 $0.00 $0.00 $0.00 $0.00 $1.11 Cash Flow per Share CDN$
-$1.40 $0.00 $0.00 $0.00 $0.00 $0.00 $1.13 CFPS 5 yr Running CDN$
-$1.28 $0.00 $0.00 $0.00 $0.00 $1.13 CFPS 5 yr Running CDN$
-$70 $0 $0 $0 $0 $0 $0 $0 $0 $0 $127 Cash Flow less WC CDN$
-$69 $0 $0 $0 $0 $127 Cash Flow less WC CDN$
-$64 $0 $0 $0 $0 $0 $0 $0 $121 CF less WC 5 Yr Run CDN$
-$78 $0 $0 $0 $0 $121 CF less WC 5 Yr Run CDN$
-$1.14 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.11 CFPS - Less WC CDN$
-$1.21 $0.00 $0.00 $0.00 $0.00 $1.11 CFPS - Less WC CDN$
-$1.11 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.02 CFPS 5 yr Running CDN$
-$1.15 $0.00 $0.00 $0.00 $0.00 $1.02 CFPS 5 yr Running CDN$
OPM 20.77% 23.69% 28.05% 32.09% 27.37% 44.53% 19.63% 37.94% 27.62% 11.42% 20.80% 28.01% 18.24% <-Total Growth 10 OPM CDN$
Increase -70.22% 14.01% 18.45% 14.37% -14.69% 62.68% -55.91% 93.24% -27.19% -58.66% 82.14% 34.65% should be zero, it is a check on calculations CDN$
Diff from Ave -25.3% -14.8% 0.9% 15.4% -1.6% 60.1% -29.4% 36.4% -0.7% -58.9% -25.2% 0.7% 0.00 <-Median-> 10 OPM CDN$
*Operational Profit Margin (CF/Revenue) Ratio OPM 10 Yrs 27.81% 5 Yrs 27.62% Should increase or be stable. CDN$
Current Assets US$ $161.47 $271.16 $176.46 $149.47 $149.34 $118.73 $200.77 $561.71 $373.4 $225.6 $160.3 $164.9 $170.9 Liquidity ratio of 1.5 and up, best US$
Current Liabilities $93.36 $222.24 $86.67 $130.64 $77.47 $61.36 $192.45 $535.47 $389.4 $123.7 $92.3 $150.9 $154.7 1.44 <-Median-> 10 Ratio US$
Liquidity Ratio 1.73 1.22 2.04 1.14 1.93 1.93 1.04 1.05 0.96 1.82 1.74 1.09 1.10 1.09 <-Median-> 5 Ratio US$
Curr Portion Lg T. Debt $121.20 $216.20 $39.20 $15.80 $15.80 $15.80
Liquidity Ratio 1.36 2.16 2.67 2.10 1.22 1.23
Assets US$ $926.6 $1,176.3 $1,081.8 $1,151.6 $1,037.6 $1,013.0 $3,248.4 $4,002.7 $3,395.0 $2,916.6 $1,717.1 $1,456.8 $1,441.5 Debt Ratio of 1.5 and up, best US$
Liabilities $812.4 $1,012.9 $968.1 $956.7 $557.9 $579.6 $2,132.6 $2,816.3 $2,299.0 $2,100.1 $1,281.9 $1,170.9 $1,155.7 1.41 <-Median-> 10 Ratio US$
Debt Ratio 1.14 1.16 1.12 1.20 1.86 1.75 1.52 1.42 1.48 1.39 1.34 1.24 1.25 1.39 <-Median-> 5 Ratio US$
Current Assets CDN$ $188.25 $315.98 $174.36 $183.03 $156.30 $118.09 $204.18 $558.84 $397.1 $261.7 $222.0 $221.4 $216.6 Liquidity ratio of 1.5 and up, best CDN$
Current Liabilities $108.85 $258.98 $85.64 $159.98 $81.08 $61.03 $195.73 $532.74 $414.2 $143.5 $127.8 $202.6 $196.0 1.44 <-Median-> 10 Ratio CDN$
Liquidity 1.73 1.22 2.04 1.14 1.93 1.93 1.04 1.05 0.96 1.82 1.74 1.09 1.10 1.09 <-Median-> 5 Ratio CDN$
Liq. with CF aft div 1.73 1.23 2.27 1.56 1.92 2.15 0.70 1.10 1.18 2.07 2.57 1.83 2.01 1.83 <-Median-> 5 Ratio CDN$
Liq. CF re  Inv+Div  1.61 0.94 1.67 0.77 1.92 0.63 0.15 0.56 1.18 2.07 2.57 1.83 2.01 1.83 <-Median-> 5 Ratio CDN$
Curr Long Term Debt $120.585 $229.950 $45.476 $21.879 $21.215 $20.022
Liquidity Less CLTD 1.36 2.16 2.67 2.10 1.22 1.23 2.10 <-Median-> 5 Ratio CDN$
Liq. with CF aft div 1.43 2.65 3.03 3.10 2.05 2.23 2.65 <-Median-> 5 Ratio CDN$
Assets CDN$ $1,080.4 $1,370.7 $1,069.0 $1,410.2 $1,085.9 $1,007.5 $3,303.7 $3,982.2 $3,610.9 $3,383.5 $2,377.7 $1,956.0 $1,826.7 Debt Ratio of 1.5 and up, best CDN$
Liabilities $947.2 $1,180.3 $956.6 $1,171.5 $583.9 $576.5 $2,168.9 $2,802.0 $2,445.2 $2,436.3 $1,775.1 $1,572.2 $1,464.5 1.41 <-Median-> 10 Ratio CDN$
Debt Ratio 1.14 1.16 1.12 1.20 1.86 1.75 1.52 1.42 1.48 1.39 1.34 1.24 1.25 1.39 <-Median-> 5 Ratio CDN$
Total Equity US$ $114.18 $163.40 $113.78 $194.94 $479.68 $433.38 $1,115.8 $1,186.3 $1,096.0 $816.5 $435.2 $285.9 $285.8 74.97% <-Total Growth 10 Total Equity US$
Non-Cont. Int US$ $3.51 $3.03 $235.38 $266.40 $239.00 $0.00 $0.00 $0.00 -100.00% <-Total Growth 6 Non-Cont. Int  US$
Preferred Shares US$ $221.30 $221.30 $221.30 $221.30 $221.30 $221.3 $221.3 0.00% <-Total Growth 5 Preferred Shares US$
Book Value US$ $114.18 $163.40 $113.78 $194.94 $479.68 $429.87 $891.5 $729.6 $608.3 $356.2 $213.9 $64.6 $64.5 $64.5 $64.5 -60.47% <-Total Growth 10 Book Value US$
Book Value per share $2.58 $2.66 $1.85 $3.20 $7.94 $6.40 $7.85 $6.11 $5.06 $2.94 $1.75 $0.56 $0.56 $0.56 $0.56 -78.80% <-Total Growth 10 Book Value per Share US$
Change -5.37% 3.22% -30.37% 72.82% 148.26% -19.35% 22.60% -22.21% -17.15% -41.99% -40.36% -67.81% -0.70% 0.00% 0.00% 132.26% P/B Ratio Current/10 Year Median US$
P/B Ratio (Median) #NUM! P/B Ratio Historical Median US$
P/B Ratio (Close) 4.71 4.95 5.72 3.01 1.51 2.30 1.82 1.87 0.69 0.92 1.13 4.44 4.29 4.29 4.29 -14.37% <-IRR #YR-> 10 Book Value per Share US$
Change -0.96% 5.11% 15.52% -47.44% -49.70% 52.45% -20.98% 2.75% -63.25% 34.23% 21.88% 294.23% -3.32% 0.00% 0.00% -40.95% <-IRR #YR-> 5 Book Value per Share US$
Leverage (A/BK) 8.12 7.20 9.51 5.91 2.16 2.36 3.64 5.49 5.58 8.19 8.03 22.55 22.35 5.74 <-Median-> 10 A/BV US$
Debt/Equity Ratio 7.12 6.20 8.51 4.91 1.16 1.35 2.39 3.86 3.78 5.90 5.99 18.13 17.92 4.38 <-Median-> 10 Debt/Eq Ratio US$
Book Value is Asset less Liabilities CP/BV 10 yr Med 1.85 5 yr Med 1.13 132.26% Diff M/C 7.20 Historical 13 A/BV US$
-$2.66 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.56
-$7.85 $0.00 $0.00 $0.00 $0.00 $0.56
Total Equity CDN$ $133.12 $190.41 $112.42 $238.72 $502.04 $431.04 $1,134.7 $1,180.3 $1,165.7 $947.2 $602.6 $383.9 $362.2 101.61% <-Total Growth 10 Total Equity CDN$
Non-Cont. Int CDN$ $3.49 $3.08 $234.18 $283.3 $277.3 $0.0 $0.0 $0.0 -100.00% <-Total Growth 6 Non-Cont. Int  CDN$
Preferred Shares CDN$ $225.07 $220.18 $235.4 $256.7 $306.4 $297.1 $280.4 34.96% <-Total Growth 5 Preferred Shares CDN$
Book Value CDN$ $133.12 $190.41 $112.42 $238.72 $502.04 $427.55 $906.6 $725.9 $647.0 $413.2 $296.2 $86.7 $81.7 $81.7 $81.7 -54.45% <-Total Growth 10 Book Value CDN$
Book Value per share $3.00 $3.10 $1.83 $3.92 $8.31 $6.37 $7.99 $6.08 $5.38 $3.41 $2.42 $0.76 $0.71 $0.71 $0.71 -75.57% <-Total Growth 10 Book Value per Share CDN$
Change -8.34% 3.17% -40.96% 114.19% 112.17% -23.36% 25.37% -23.90% -11.43% -36.72% -28.81% -68.79% -6.28% 0.00% 0.00% 114.01% P/B Ratio Current/10 Year Median CDN$
P/B Ratio (Median) 3.52 3.37 5.99 2.18 1.19 2.07 1.79 2.12 1.50 0.96 1.29 3.94 4.65 2.12 P/B Ratio Historical Median CDN$
P/B Ratio (Close) 3.46 3.64 5.86 2.00 1.38 2.31 1.82 1.86 0.69 0.92 1.13 4.47 4.13 4.13 4.13 -13.14% <-IRR #YR-> 10 Book Value per Share CDN$
Change 5.54% 5.22% 60.67% -65.78% -31.13% 67.10% -21.16% 2.53% -63.03% 34.18% 22.18% 295.22% -7.50% 0.00% 0.00% -37.58% <-IRR #YR-> 5 Book Value per Share CDN$
Leverage (A/BK) 8.12 7.20 9.51 5.91 2.16 2.36 3.64 5.49 5.58 8.19 8.03 22.55 22.35 5.74 <-Median-> 10 A/BV CDN$
Debt/Equity Ratio 7.12 6.20 8.51 4.91 1.16 1.35 2.39 3.86 3.78 5.90 5.99 18.13 17.92 4.38 <-Median-> 10 Debt/Eq Ratio CDN$
Book Value is Asset less Liabilities P/BV 10 yr Med 1.93 5 yr Med 1.50 114.01% Diff M/C 7.20 Historical 13 A/BV CDN$
-$3.10 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.76
-$7.99 $0.00 $0.00 $0.00 $0.00 $0.76
-$135.4 <-12 mths -2.89%
Comprehensive Income US$ -$41.00 -$85.70 -$55.60 -$228.10 -$133.40 -$123.1
NCI $2.80 $12.50 $9.20 -$4.80 $2.20 $8.5
Shareholders US$ -$2.408 -$149.205 $107.484 -$15.927 -$2.638 -$43.80 -$98.20 -$64.80 -$223.30 -$135.60 -$131.6 -5365.12% <-Total Growth 10 Comprehensive Income US$
Increase -6096.22% 172.04% -114.82% 83.44% -1560% -124.20% 34.01% -244.60% 39.27% 2.95% 2.95% <-Median-> 5 Comprehensive Income US$
5 Yr Running Average -$12.5 -$20.8 -$10.6 -$45.1 -$86.5 -$113.1 -$130.7 49.20% <-IRR #YR-> 10 Comprehensive Income US$
ROE US$ -1.5% -131.1% 55.1% -3.3% -0.6% -3.9% -8.3% -5.9% -27.3% -31.2% -46.0% 24.61% <-IRR #YR-> 5 Comprehensive Income US$
5Yr Median -1.5% -3.3% -3.3% -3.9% -5.9% -8.3% -27.3% 47.80% <-IRR #YR-> 6 5 Yr Running Average US$
% Difference from NI -95.5% 0.0% -2.9% -12.8% -30.3% -8.9% -46.5% 9.0% -45.1% -62.4% -75.7% 44.40% <-IRR #YR-> 5 5 Yr Running Average US$
Median Values Diff 5, 10 yr -21.5% -46.5% -27.3% <-Median-> 5 Return on Equity US$
$2.4 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 -$131.6
$43.8 $0.0 $0.0 $0.0 $0.0 -$131.6
$12.5 $0.0 $0.0 $0.0 $0.0 $0.0 -$130.7
$20.8 $0.0 $0.0 $0.0 $0.0 -$130.7
Current Liability Coverage Ratio 0.44 0.27 0.91 0.73 0.54 1.33 0.35 0.31 0.27 0.68 0.84 0.63   CFO / Current Liabilities US$
5 year Median 0.44 0.54 0.73 0.73 0.54 0.35 0.35 0.35 0.63 65.1% <-Median-> 10 Current Liability Cov Ratio US$
Asset Efficiency Ratio 4.43% 5.13% 7.26% 8.26% 4.07% 8.07% 2.10% 4.11% 3.10% 2.87% 4.52% 6.48% CFO / Total Assets US$
5 year Median 5.13% 5.13% 7.26% 7.26% 4.11% 4.07% 3.10% 3.10% 4.11% 4.3% <-Median-> 10 Return on Assets  US$
Return on Assets ROA -3.7% -4.5% -13.8% 9.6% -1.8% -0.4% -1.2% -2.8% -1.0% -6.1% -10.3% -8.4% Net  Income/Assets Return on Assets US$
5Yr Median -3.7% -3.7% -1.8% -1.2% -1.2% -1.2% -1.2% -2.8% -6.1% -2.3% <-Median-> 10 Asset Efficiency Ratio US$
Return on Equity ROE -29.6% -32.6% -131.1% 56.8% -3.8% -0.9% -4.3% -15.5% -5.4% -49.8% -82.9% -189.5% Net Inc/ Shareholders' equity Return on Equity US$
5Yr Median -29.6% -29.6% -3.8% -3.8% -3.8% -4.3% -5.4% -15.5% -49.8% -10.4% <-Median-> 10 Return on Equity US$
$26.5 <-12 mths 85.31%
Net Income US$ -$3.86 -$35.64 -$100.30 -$23.80 -$182.20 -$182.20 -$113.90
NCI -$0.10 -$0.48 -$0.60 -$3.40 -$16.40 -$16.40 $0.00
Preferred shares dividends $0.00 $3.25 $13.10 $12.60 $11.60 $11.60 $8.50
Net Income US$ -$33.84 -$53.24 -$149.21 $110.69 -$18.27 -$3.75 -$38.41 -$112.80 -$33.00 -$177.40 -$177.40 -$122.40 $14.30 -$9.22 -129.90% <-Total Growth 10 Net Income US$
Increase 59.38% 57.33% 180.25% -174.19% -117% -79.47% 923.67% 193.69% -70.74% 437.58% 0.00% -31.00% -111.68% -164.48% EPS/CF Ratio should not be higher than 1.00 US$
5 Yr Running Average -$29.37 -$28.77 -$22.76 -$19.79 -$12.51 -$41.2 -$73.1 -$107.8 -$124.6 -$99.2 -$94.4 -8.68% <-IRR #YR-> 10 Net Income US$
Operating Cash Flow $38.37 $57.52 $85.90 $107.24 $62.49 $86.95 $55.94 $167.08 $152.4 $65.0 $87.4 $111.8 -26.09% <-IRR #YR-> 5 Net Income US$
Investment Cash Flow -$6.58 -$69.38 -$31.22 -$135.60 $23.07 -$147.00 -$682.01 -$523.75 $147.1 $68.7 $320.9 -$0.5 -19.80% <-IRR #YR-> 8 5 Yr Running Ave. US$
Total Accruals -$65.63 -$41.38 -$203.89 $139.04 -$103.84 $56.29 $587.67 $243.87 -$332.5 -$311.1 -$585.7 -$233.7 -44.48% <-IRR #YR-> 5 5 Yr Running Ave. US$
Total Assets $926.6 $1,176.3 $1,081.8 $1,151.6 $1,037.6 $1,013.0 $3,248.4 $4,002.7 $3,395.0 $2,916.6 $1,717.1 $1,456.8 Balance Sheet Assets US$
Accruals Ratio -7.08% -3.52% -18.85% 12.07% -10.01% 5.56% 18.09% 6.09% -9.79% -10.67% -34.11% -16.04% -10.67% <-Median-> 5 Ratio US$
$53 $0 $0 $0 $0 $0 $0 $0 $0 $0 -$122
$38 $0 $0 $0 $0 -$122
$29 $0 $0 $0 $0 $0 $0 $0 -$125
$20 $0 $0 $0 $0 -$125
Financial Cash Flow US$ -$23.10 $36.63 -$67.32 $22.44 -$73.63 $55.69 $641.23 $362.68 -$207.60 -$182.40 -$445.80 -$98.10 C F Statement  Fin. C. F US$
Total Accruals -$42.53 -$78.01 -$136.57 $116.61 -$30.21 $0.60 -$53.56 -$118.81 -$124.90 -$128.70 -$139.90 -$135.60 Accruals US$
Accruals Ratio -4.59% -6.63% -12.62% 10.13% -2.91% 0.06% -1.65% -2.97% -3.68% -4.41% -8.15% -9.31% -4.41% <-Median-> 5 Ratio US$
-$171.6 <-12 mths 2.90%
Comprehensive Income CDN$ -$41.70 -$85.26 -$59.14 -$264.62 -$184.7 -$165.3
NCI $2.85 $12.44 $9.79 -$5.57 $3.0 $11.4
Shareholders CDN -$2.806 -$147.429 $131.625 -$16.669 -$2.624 -$44.54 -$97.70 -$68.92 -$259.05 -$187.8 -$176.7 -19.85% <-Total Growth 10 Comprehensive Income CDN$
Increase -5154.00% 189.28% -112.66% 84.26% -1598% -119.33% 29.46% -275.86% 27.52% 5.90% 5.90% <-Median-> 5 Comprehensive Income CDN$
5 Yr Running Average -$7.6 -$15.9 -$6.0 -$46.1 -$94.6 -$131.6 -$158.0 51.33% <-IRR #YR-> 10 Comprehensive Income CDN$
ROE CDN$ -1.5% -131.1% 55.1% -3.3% -0.6% -3.9% -8.3% -5.9% -27.3% -31.2% -46.0% 31.73% <-IRR #YR-> 5 Comprehensive Income CDN$
5Yr Median -1.5% -3.3% -3.3% -3.9% -5.9% -8.3% -27.3% #NUM! <-IRR #YR-> 10 5 Yr Running Average CDN$
% Difference from NI -95.5% 0.0% -2.9% -12.8% -30.3% -8.9% -46.5% 9.0% -45.1% -62.4% -75.7% 58.24% <-IRR #YR-> 5 5 Yr Running Average CDN$
Median Values Diff 5, 10 yr -21.5% -46.5% -27.3% <-Median-> 5 Return on Equity CDN$
$2.8 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 -$176.7
$44.5 $0.0 $0.0 $0.0 $0.0 -$176.7
$0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 -$158.0
$15.9 $0.0 $0.0 $0.0 $0.0 -$158.0
Current Liability Coverage Ratio 0.44 0.27 0.91 0.73 0.54 1.33 0.35 0.31 0.27 0.68 0.84 0.63   CFO / Current Liabilities CDN$
5 year Median 0.44 0.54 0.73 0.73 0.54 0.35 0.35 0.35 0.63 65.1% <-Median-> 10 Current Liability Cov Ratio CDN$
Asset Efficiency Ratio 4.43% 5.13% 7.26% 8.26% 4.07% 8.07% 2.10% 4.11% 3.10% 2.87% 4.52% 6.48% CFO / Total Assets CDN$
5 year Median 5.13% 5.13% 7.26% 7.26% 4.11% 4.07% 3.10% 3.10% 4.11% 4.3% <-Median-> 10 Return on Assets  CDN$
Return on Assets ROA -3.7% -4.5% -13.8% 9.6% -1.8% -0.4% -1.2% -2.8% -1.0% -6.1% -10.3% -8.4% Net  Income/Assets Return on Assets CDN$
5Yr Median -3.7% -3.7% -1.8% -1.2% -1.2% -1.2% -1.2% -2.8% -6.1% -2.3% <-Median-> 10 Asset Efficiency Ratio CDN$
Return on Equity ROE -29.6% -32.6% -131.1% 56.8% -3.8% -0.9% -4.3% -15.5% -5.4% -49.8% -82.9% -189.5% Net Inc/ Shareholders' equity Return on Equity CDN$
5Yr Median -29.6% -29.6% -3.8% -3.8% -3.8% -4.3% -5.4% -15.5% -49.8% -10.4% <-Median-> 10 Return on Equity CDN$
$0.0 <-12 mths 100.00%
Net Income CDN$ -$3.83 -$36.25 -$99.79 -$25.3 -$211.4 -$252.3 -$152.9
NCI -$0.10 -$0.49 -$0.60 -$3.6 -$19.0 -$22.7 $0.0
Preferred shares dividends $0.00 $3.30 $13.03 $13.4 $13.5 $16.1 $11.4
Net Income CDN$ -$39.45 -$62.04 -$147.43 $135.55 -$19.12 -$3.73 -$39.06 -$112.22 -$35.1 -$205.8 -$245.7 -$164.3 $18.1 -$11.7 -164.90% <-Total Growth 10 Net Income CDN$
Increase 54.39% 57.25% 137.63% -191.94% -114.11% -80.49% 946.72% 187.31% -68.72% 486.35% 19.36% -33.10% -111.03% -164.48% EPS/CF Ratio should not be higher than 1.00 CDN$
5 Yr Running Average -$27.79 -$26.50 -$19.36 -$14.76 -$7.72 -$41.8 -$79.2 -$127.6 -$152.6 -$126.6 -$121.9 -10.23% <-IRR #YR-> 10 Net Income CDN$
Operating Cash Flow $44.74 $67.03 $84.88 $131.33 $65.40 $86.48 $56.89 $166.23 $162.1 $75.4 $121.0 $150.1 -33.29% <-IRR #YR-> 5 Net Income CDN$
Investment Cash Flow -$7.68 -$80.85 -$30.84 -$166.05 $24.15 -$146.20 -$693.60 -$521.08 $156.5 $79.7 $444.4 -$0.7 -23.73% <-IRR #YR-> 8 5 Yr Running Ave. CDN$
Total Accruals -$76.51 -$48.22 -$201.46 $170.27 -$108.67 $55.99 $597.66 $242.63 -$353.6 -$360.9 -$811.0 -$313.8 -59.55% <-IRR #YR-> 5 5 Yr Running Ave. CDN$
Total Assets $1,080.4 $1,370.7 $1,069.0 $1,410.2 $1,085.9 $1,007.5 $3,303.7 $3,982.2 $3,610.9 $3,383.5 $2,377.7 $1,956.0 Balance Sheet Assets CDN$
Accruals Ratio -7.08% -3.52% -18.85% 12.07% -10.01% 5.56% 18.09% 6.09% -9.79% -10.67% -34.11% -16.04% -10.67% <-Median-> 5 Ratio CDN$
EPS/CF Ratio -0.01 -0.05 -1.90 1.07 -0.43 -0.05 -0.83 -0.70 -0.32 -2.13 -0.80 -1.24 -0.75 <-Median-> 10 EPS/CF Ratio CDN$
$62 $0 $0 $0 $0 $0 $0 $0 $0 $0 -$164
$39 $0 $0 $0 $0 -$164
$28 $0 $0 $0 $0 $0 $0 $0 -$153
$15 $0 $0 $0 $0 -$153
Change in Close -3.26% 8.56% -5.14% -26.70% 46.11% 28.07% -1.16% -21.97% -67.26% -15.09% -13.02% 23.36% -13.31% 0.00% 0.00% Count 14 Years of data CDN$
up/down down up up down up down down down up up up Count 11 78.57% CDN$
Meet Prediction? yes yes yes yes yes % right Count 5 45.45% CDN$
Financial Cash Flow CDN$ -$26.93 $42.69 -$66.52 $27.47 -$77.06 $55.39 $652.13 $360.83 -$220.80 -$211.60 -$617.32 -$131.72 C F Statement  Fin. C. F CDN$
Total Accruals -$49.58 -$90.90 -$134.94 $142.80 -$31.62 $0.60 -$54.47 -$118.21 -$132.84 -$149.30 -$193.73 -$182.07 Accruals CDN$
Accruals Ratio -4.59% -6.63% -12.62% 10.13% -2.91% 0.06% -1.65% -2.97% -3.68% -4.41% -8.15% -9.31% -4.41% <-Median-> 5 Ratio CDN$
Cash US$ $49.85 $45.50 $60.65 $60.19 $158.6 $109.9 $72.4 $85.6 $91.5 Cash US$
Cash CDN$ $52.17 $45.25 $61.68 $59.88 $168.7 $127.5 $100.3 $114.9 $115.9 Cash CDN$
Cash per Share $0.86 $0.67 $0.54 $0.50 $1.40 $1.05 $0.82 $1.00 $1.01 $1.00 <-Median-> 5 Cash per Share CDN$
Percentage of Stock Price 7.53% 4.59% 3.74% 4.42% 37.83% 33.36% 29.95% 29.67% 34.34% 29.95% <-Median-> 5 % of Stock Price CDN$
Notes:
July 16, 2017.  Last estimates were for 2016 and 2017 of $445 and $465 US$ for Revenue, $-.04 and $0.01 US$ for AFFO, -$0.41 and -$0.21 US$ for EPS, $0.80 and $0.89 US$ for CFPS and -$39.8 and -$17.4 for Net Income.
July 15, 2016.. Last estimates were for 2015 and 2016 of $473M and $472M US$ for Revenue, $0.12 and $0.23 for Adjusted FFO US$, -$0.32 and -$0.15 for EPS US$, 
$0.82 and $3.78 US$ for CPFS and $-47.90 and -$34.40 for Net Income US$.
July 25, 2015.  Last estimates were for 2014 and 2015 of $546M and $543M US$, AFFO of $-.05, and $0.06 US$, -$.63 and -$.48 EPS US$, $0.74 and $0.74 for CFPS US$, -$73.3M and -$56M for Net Income US$ 
Jul 12, 2014.  Last estimates were for 2013 and 2014 of $543M and $537M US$ for Revenue, $0.63 and $0.47 for AFFO US$, $-.63 and $-.56 for EPS US$ and $1.05 and $1.00 for CFPS US$.
Mar 15, 2013.  The last estimates were for 2012 and 2013 of $675.3 and $726.6 US$ for Revenue, DI $1.08 and $1.29 US$, -$0.53 and -$0.01 for EPS US$.
They greatly revised Revenue down for 2011 and 2010 in 2012 report.  I did not change my spreadsheet.
Sept 13, 2012.  Last Estimates were for 2011 and 2012 of $198.4M and f$469.3M US$ for Revenue and $0.91 and $1.05 US$ AFFO and $.50 and $.58 US$ for EPS.
The company has sufficient operating losses to shield meaningful cash taxes for roughly five years (i.e. 2017).  It also expects cash flow until 2015 to cover distributions.
July 15, 2011.  When I last looked, I got estimates for2010 and 2011 of $.44 and $.76 for earnings.
There seems to be a big disconnect between 2009 and 2010 statements.  They have restated 2009 and 2008 figures in the financial statements in the annual 2010 report, but I cannot find where they state this.
This is not something I like to see.  I have kept my old figures.
This stock was incorporated 18 June 2004 and stock was issued 18 Nov 2008.  Financial information is just available from Nov 18, 2008
Started as an Income Trust (TSX-ATP.UN).  On November 17, 2009 this company changed from an Income Participating Security (IPS) to a traditional common share structure.
The company issued income participating securities (‘‘IPSs’’) for cash pursuant to an initial public offering on the Toronto Stock Exchange, or the TSX, on November 18, 2004. Each IPS was comprised
of one common share and Cdn$5.767 principal value of 11% subordinated notes due 2016. On November 27, 2009 our shareholders approved a conversion from the IPS structure to a traditional
common share structure. Each IPS has been exchanged for one new common share and each old common share that did not form a part of an IPS was exchanged for approximately 0.44 of a new
common share. Our shares trade on the TSX under the symbol ‘‘ATP’’ and began trading on the New York Stock Exchange, or the NYSE, under the symbol ‘‘AT’’ on July 23, 2010.
Caisse de dépôt et placement du Québec sold their shares in this company in December 2009.
http://www.investingdaily.com/18761/atlantic-power-dividend-in-jeopardy-again/  
Atlantic Power Dividend in Jeopardy Again
By David Dittman on November 11, 2013
Sector:
Power, Utility
What should this stock accomplish?
Would I buy this company and Why.
No.  Debt too high and cannot made a profit.  Have eliminated their dividends.
Why am I following this stock. 
Because I like utility companies and in 2010, I have read two columns that recommended this particular utility company (TSX-ATP), I decided to investigate it.  
After investigating this stock, my impression is that I would not touch it with a barge-pole. However, I will talk about it and upload my spreadsheet so that you can decide for yourself.  
This company has recently converted from an income trust to a corporation.  This company is in the TSX Utility Index.  (Perhaps this is why it is recommended?)
Dividends
Dividends are paid monthly.  They are declared in one month for shareholders of record and paid in the following month. 
For example, the distribution due for June 2014 is payble to shareholders of record on June 30, 2014 and is paid on July 31, 2014.
How they make their money.
Atlantic Power Corporation is an independent power producer that owns interests in a diversified fleet of power generation and transmission projects located in the United States.
This company has a collection of gas-fired plants in the US and is generally in the lower cost quadrant of generation in its region.
ATP owns interests in a diversified portfolio of independent, non-utility power generation projects and one transmission line situated in major U.S. markets.
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.
FFO Mar 2011
CF from Operations $5.982
Dep and Amort. $10.879
Lg Term Incentive $0.825
Eq Earnings -$1.311
Dis. Affiliates $1.450
unreal. For exch $1.878
cg in value deriv. -$3.561
Chge Def. Inc Tax. $2.011
Dividends -$18.115
$0.038
Shares; '%, Value $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M
Date Sep 28 2012 Mar 15 2013 Jul 12 2014 Jul 25 2015 Jul 16 2016 Jul 16 2017
Moore, James J. Jr 0.160 0.13% 0.350 0.31% 0.401 0.35%
CEO - Shares - Amount $0.439 $1.184 $1.174
Options - percentage 0.523 0.43% 0.717 0.63% 0.946 0.82%
Options - amount $1.434 $2.423 $2.770
Ronan, Terrence 0.006 0.00% 0.007 0.01% 0.042 0.03% 0.121 0.11% 0.223 0.19%
CFO - Shares - Amount $0.022 $0.022 $0.114 $0.409 $0.653
Options - percentage 0.009 0.01% 0.160 0.13% 0.236 0.19% 0.290 0.25% 0.304 0.26%
Options - amount $0.033 $0.505 $0.646 $0.982 $0.891
Cofelice, Joseph 0.455 0.40% 0.538 0.47%
Officer - Shares - Amount $1.536 $1.575
Options - percentage 0.124 0.11% 0.234 0.20%
Options - amount $0.420 $0.687
Duncan, Richard Foster 0.002 0.00% 0.009 0.01% 0.009 0.01% 0.009 0.01% 0.009 0.01%
Director - Shares - Amount $0.006 $0.027 $0.024 $0.029 $0.025
Options - percentage 0.004 0.00% 0.031 0.03% 0.051 0.04% 0.085 0.07% 0.124 0.11%
Options - amount $0.016 $0.099 $0.139 $0.288 $0.364
Gerstein, Irving 0.020 0.02% 0.020 0.02% 0.020 0.02% 0.028 0.02%
Chairman - Shares - Amt $0.062 $0.054 $0.067 $0.081
Options - percentage 0.005 0.00% 0.021 0.02% 0.060 0.05% 0.093 0.08%
Options - amount $0.016 $0.057 $0.203 $0.272
Increase in O/S Shares 0.100 0.08% 0.600 0.49% 0.700 0.57% 0.500 0.44%
due to SO 2013 $0.371 $1.890 $1.918 $1.690
Book Value $0.600 $2.300 $2.300 $1.800
Insider Buying -$0.957 -$2.507 -$0.924
Insider Selling $0.000 $0.000 $0.000
Net Insider Selling -$0.012 -$0.957 -$2.507 -$0.924
% of Market Cap -0.003% -0.286% -0.65% -0.27%
Directors 6 17% 6 8 7 6
Women 1 1 17% 2 25% 2 29% 1 17%
Minorities 0 0% 0 0% 0 0% 0 0% 0 0%
Institutions/Holdings 172 35.47% 172 32.11% 141 27.49% 0 0.00% 162 48.01% 157 48.19%
Total Shares Held 42.301 35.19% 38.375 32.13% 33.172 27.34% 0.000 0.00% 58.611 51.14% 55.526 48.19%
Increase/Decrease 1.888 4.67% 2.159 5.96% -0.216 -0.65% 0.000 #DIV/0! -0.494 -0.84% -0.031 -0.06%
Starting No. of Shares 40.413 36.216 33.388 0.000 59.106 55.558
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