Page 113 - Suncor AR English
P. 113
13. EARNINGS PER COMMON SHARE
($ millions) 2013 2012
(restated –
note 6)
Net earnings 3 911 2 740
.......................................................................................................................................................................................................................................................
Dilutive impact of accounting for awards as equity-settled(1) — (7)
Net earnings – diluted
3 911
2 733
(millions of common shares)
Weighted average number of common shares
1 501
1 545
.......................................................................................................................................................................................................................................................
Dilutive securities:
.......................................................................................................................................................................................................................................................
Effect of share options
1 4
Weighted average number of diluted common shares
1 502
1 549
(dollars per common share)
2.61
1.77
Basic earnings per share
.......................................................................................................................................................................................................................................................
Diluted earnings per share 2.60 1.76
(1) Options with tandem stock appreciation rights or cash payment alternatives are accounted for as cash-settled plans. As these awards can be
exchanged for common shares of the company, they are considered potentially dilutive and are included in the calculation of the company’s diluted net
earnings per share calculation if they have a dilutive impact in the period. Accounting for these awards as equity-settled was determined to have a
dilutive impact for the year ended December 31, 2012.
14. CASH AND CASH EQUIVALENTS
Dec 31 Dec 31 Jan 1
($ millions)
2013
2012
2012
(restated – (restated –
note 6)
note 6)
Cash
1 184
628
810
.......................................................................................................................................................................................................................................................
Cash equivalents 4 018 3 757 2 971
5 202 4 385 3 781
SUNCOR ENERGY INC. ANNUAL REPORT 2013 109