|
Consolidated Statements of Retained Earnings
| (millions of Canadian dollars, except per share amounts) |
|
|
|
|
|
| Year ended December 31, |
2006 |
|
2005 |
|
2004 |
| Retained Earnings at Beginning of Year |
|
2,098.2 |
|
1,840.9 |
|
1,511.4 |
| Earnings Applicable to Common Shareholders |
|
615.4 |
|
556.0 |
|
645.3 |
| Common Share Dividends |
|
(403.1) |
|
(361.1) |
|
(315.8) |
| Dividends Paid to Reciprocal Shareholders |
|
12.2 |
|
11.2 |
|
– |
| Dividend Reclassification Adjustment (Note 8) |
|
– |
|
51.2 |
|
– |
| Retained Earnings at End of Year |
|
2,322.7 |
|
2,098.2 |
|
1,840.9 |
| Dividends Paid Per Common Share |
|
1.15 |
|
1.04 |
|
0.92 |
| The accompanying notes are an integral part of these consolidated financial statements. |
|
|
