This report is for educational purposes only, and not to provide investment advice.  Before making any investment decision, you should always do your own research or consult a investment professional.															Estimates	Estimates	Estimates
While I try to be accurate, I assume no responsibility for any figure in this spreadsheet.															Q1 2024					https://www.annualreports.com/Company/BlackBerry-Ltd
See my website on stocks or see my blog at the following sites.							https://spbrunner.com/stocks.html				https://spbrunner.blogspot.com/				May 24							Fiscal year change 2016
BlackBerry Ltd				TSX:	BB	NYSE	BB	https://www.blackberry.com/us/en/					Fiscal Yr:	Feb 28							Mar 1 to Feb 28
Year	02/26/11	03/03/12	03/02/13	03/01/14	02/28/15	02/29/16	02/28/17	02/28/18	02/28/19	02/29/20	02/28/21	02/28/22	02/28/23	02/28/24	02/28/25	02/28/26	02/28/27		Value	Description	#Y	Item	Total G	Currency
Accounting Rules	US GAAP	US GAAP	US GAAP	US GAAP	US GAAP	US GAAP	US GAAP	US GAAP	US GAAP	US GAAP	US GAAP	US GAAP	US GAAP	US GAAP	US GAAP	US GAAP	US GAAP					Accounting Rules
Accounting Currency																						Accounting Currency
USD - CDN$	0.9772	0.9896	1.0268	1.1092	1.2508	1.3407	1.3248	1.2851	1.3642	1.3169	1.2685	1.2678	1.3544	1.3226	1.3830	1.3830	1.3830					USD - CDN$
Split																						Split
															$624	<-12 mths	-26.85%
Adjusted Revenue							$1,374	$967	$916	$1,099	$919								-100.00%	<-Total Growth	4	Adjusted Revenue
Deferred Software Revenue							$65	$35
Revenue US$*	$19,907	$18,435	$11,073	$6,813	$3,335	$2,160	$1,309	$932	$904	$1,040	$893	$718	$656	$853	$604	$658	$2,376		-87.48%	<-Total Growth	10	Revenue		US$
Increase	33.13%	-7.39%	-39.93%	-38.47%	-51.05%	-35.23%	-39.40%	-28.80%	-3.00%	15.04%	-14.13%	-19.60%	-8.64%	30.03%	-29.17%	8.87%	261.20%		-18.76%	<-IRR #YR->	10	Revenue	-87.48%	US$
5 year Running Average	$10,994	$14,074	$15,087	$14,236	$11,913	$8,363	$4,938	$2,910	$1,728	$1,269	$1,016	$897	$842	$832	$745	$698	$1,029		-1.15%	<-IRR #YR->	5	Revenue	-5.64%	US$
Revenue per Share	$38.00	$35.17	$21.13	$12.94	$6.31	$4.14	$2.47	$1.74	$1.65	$1.88	$1.58	$1.25	$1.13	$1.45	$1.03	$1.12	$4.03		-24.72%	<-IRR #YR->	10	5 yr Running Average	-94.16%	US$
Increase	41.63%	-7.45%	-39.93%	-38.75%	-51.26%	-34.28%	-40.46%	-29.63%	-4.89%	13.62%	-15.85%	-21.09%	-9.57%	28.47%	-29.17%	8.87%	261.20%		-13.60%	<-IRR #YR->	5	5 yr Running Average	-51.85%	US$
5 year Running Average	$20.10	$26.04	$28.13	$26.81	$22.71	$15.94	$9.40	$5.52	$3.26	$2.38	$1.86	$1.62	$1.50	$1.46	$1.29	$1.19	$1.75		-19.67%	<-IRR #YR->	10	Revenue per Share	-88.81%	US$
P/S (Price/Sales) Med	1.56	1.09	0.57	0.85	1.57	2.06	2.89	6.07	6.06	3.99	7.60	8.88	4.89	3.12	2.77	0.00	0.00		-2.60%	<-IRR #YR->	5	Revenue per Share	-12.35%	US$
P/S (Price/Sales) Close	1.46	0.42	0.68	0.62	1.42	1.95	3.14	6.62	5.32	2.71	6.91	5.51	3.40	1.92	2.16	1.98	0.55		-25.28%	<-IRR #YR->	10	5 yr Running Average	-94.57%	US$
*Revenue in M US $						P/S Med	20 yr	4.36	15 yr	2.89	10 yr	3.27	5 yr	3.40		-34.09%	Diff M/C		-14.90%	<-IRR #YR->	5	5 yr Running Average	-55.38%	US$
				-$6,813	$0	$0	$0	$0	$0	$0	$0	$0	$0	$853
									-$904	$0	$0	$0	$0	$853
				-$14,236	$0	$0	$0	$0	$0	$0	$0	$0	$0	$832
									-$1,728	$0	$0	$0	$0	$832
				-$12.94	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$1.45
									-$1.65	$0.00	$0.00	$0.00	$0.00	$1.45
				-$26.81	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$1.46
									-$3.26	$0.00	$0.00	$0.00	$0.00	$1.46
															$863	<-12 mths	-23.51%
Adjusted Revenue							$1,820	$1,243	$1,250	$1,447	$1,166								-100.00%	<-Total Growth	4	Adjusted Revenue
Deferred Software Revenue							$86	$45
Revenue CDN$	$19,453	$18,243	$11,369	$7,557	$4,171	$2,896	$1,734	$1,198	$1,233	$1,370	$1,133	$910	$888	$1,128	$836	$910	$3,286		-85.07%	<-Total Growth	10	Revenue		CDN$
Increase	23.34%	-6.22%	-37.68%	-33.53%	-44.80%	-30.58%	-40.12%	-30.93%	2.97%	11.06%	-17.29%	-19.64%	-2.39%	26.98%	-25.93%	8.87%	261.20%		-17.32%	<-IRR #YR->	10	Revenue	-85.07%	CDN$
5 year Running Average	$11,785	$14,722	$15,819	$14,479	$12,159	$8,847	$5,546	$3,511	$2,246	$1,686	$1,333	$1,169	$1,107	$1,086	$979	$934	$1,410		-1.77%	<-IRR #YR->	5	Revenue	-8.52%	CDN$
Revenue per Share	$37.13	$34.80	$21.69	$14.35	$7.89	$5.56	$3.27	$2.23	$2.25	$2.47	$2.00	$1.58	$1.53	$1.91	$1.42	$1.54	$5.58		-22.82%	<-IRR #YR->	10	5 yr Running Average	-92.50%	CDN$
Increase	31.21%	-6.27%	-37.68%	-33.83%	-45.04%	-29.56%	-41.17%	-31.74%	0.97%	9.68%	-18.94%	-21.14%	-3.39%	25.45%	-25.93%	8.87%	261.20%		-13.53%	<-IRR #YR->	5	5 yr Running Average	-51.66%	CDN$
5 year Running Average	$21.49	$27.18	$29.42	$27.26	$23.17	$16.86	$10.55	$6.66	$4.24	$3.16	$2.45	$2.11	$1.97	$1.90	$1.69	$1.60	$2.40		-18.24%	<-IRR #YR->	10	Revenue per Share	-86.66%	CDN$
P/S (Price/Sales) Med	1.66	1.14	0.55	0.63	1.45	1.98	2.86	5.94	5.87	4.04	8.89	8.57	4.64	3.25	2.74	0.00	0.00		-3.20%	<-IRR #YR->	5	Revenue per Share	-15.02%	CDN$
P/S (Price/Sales) Close	1.74	0.39	0.63	0.77	1.72	1.86	2.82	6.96	5.18	2.74	6.88	5.48	3.43	1.98	2.17	1.99	0.55		-23.39%	<-IRR #YR->	10	5 yr Running Average	-93.03%	CDN$
*Revenue in M CDN $						P/S Med	20 yr	3.96	15 yr	2.86	10 yr	3.13	5 yr	3.43		-30.58%	Diff M/C		-14.84%	<-IRR #YR->	5	5 yr Running Average	-55.21%	CDN$
				-$7,557	$0	$0	$0	$0	$0	$0	$0	$0	$0	$1,128
									-$1,233	$0	$0	$0	$0	$1,128
				-$14,479	$0	$0	$0	$0	$0	$0	$0	$0	$0	$1,086
									-$2,246	$0	$0	$0	$0	$1,086
				-$14.4	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$0.0	$1.9
									-$2.3	$0.0	$0.0	$0.0	$0.0	$1.9
				-$27.26	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$1.90
									-$4.24	$0.00	$0.00	$0.00	$0.00	$1.90
															-$19.00	<-12 mths	-161.29%
															-$0.04	<-12 mths	-180.00%
Adjusted Net Income US$	$3,411	$1,164	-$646	-$5,873	-$304	-$208	-$1,206	$22	$60	$31	$88	-$55	-$103	$31					100.53%	<-Total Growth	10	Adjusted Net Income US$		US$
Basic	$6.36	$2.22	-$1.23	-$11.18	-$0.58	-$0.40	-$2.30	$0.04	$0.11	$0.06	$0.16	-$0.10	-$0.18	$0.05					100.47%	<-Total Growth	10	AEPS		US$
AEPS* Dilued	$6.34	$2.22	-$1.23	-$11.18	-$0.58	-$0.86	-$2.30	$0.05	$0.11	$0.06	$0.16	-$0.10	-$0.18	$0.05	-$0.04	$0.04	$0.11		100.45%	<-Total Growth	10	AEPS		US$
Increase	47.10%	-64.98%	-155.41%	-808.94%	94.81%	-48.28%	-167.44%	102.17%	120.00%	-45.45%	166.67%	-162.50%	-80.00%	127.78%	-180.00%	200.00%	175.00%		5	5	10	Years of Data, EPS P or N	50.00%	US$
AEPS Yield	11.42%	15.10%	-8.51%	-138.37%	-6.49%	-10.63%	-29.68%	0.43%	1.25%	1.18%	1.47%	-1.46%	-4.70%	1.80%	-1.81%	1.81%	4.98%		#NUM!	<-IRR #YR->	10	AEPS	100.45%	US$
5 year Running Average		$3.69	$2.99	$0.09	-$0.89	-$2.33	-$3.23	-$2.97	-$0.72	-$0.59	-$0.38	$0.06	$0.01	$0.00	-$0.02	-$0.05	$0.00		-14.59%	<-IRR #YR->	5	AEPS	-54.55%	US$
Payout Ratio																			#NUM!	<-IRR #YR->	10	5 yr Running Average	-102.17%	US$
5 year Running Average																			-69.15%	<-IRR #YR->	5	5 yr Running Average	99.72%	US$
Price/AEPS Median	9.37	17.25	-9.78	-0.99	-17.03	-9.92	-3.10	210.80	91.00	124.83	75.00	-110.70	-30.58	90.30	-71.00	0.00	0.00		35.95	<-Median->	10	Price/AEPS Median		US$
Price/AEPS High	11.98	28.87	-14.42	-1.46	-21.72	-12.85	-3.47	288.00	120.45	168.17	131.88	-158.80	-43.50	110.60	-86.75	0.00	0.00		53.57	<-Median->	10	Price/AEPS High		US$
Price/AEPS Low	6.76	5.64	-5.13	-0.51	-12.33	-7.00	-2.73	133.60	61.55	81.50	18.13	-62.60	-17.67	70.00	-55.25	0.00	0.00		7.70	<-Median->	10	Price/AEPS Low		US$
Price/AEPS Close	8.76	6.62	-11.75	-0.72	-15.40	-9.41	-3.37	230.00	79.91	84.67	68.19	-68.70	-21.28	55.60	-55.25	55.25	20.09		26.12	<-Median->	10	Price/AEPS Close		US$
Trailing P/AEPS Close	12.89	2.32	6.51	-6.57	-0.80	-13.95	-9.01	-5.00	175.80	46.18	181.83	42.94	-38.30	-15.44	44.20	-55.25	55.25		-2.90	<-Median->	10	Trailing P/AEPS Close		US$
Median Values								P/CF	5 Yrs	in order	75.00	110.60	18.13	55.60		-173.67%	Diff M/C					DPR 75% to 95% best		US$
* Adjusted Earnings per Share
				$11.18	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.05
									-$0.11	$0.00	$0.00	$0.00	$0.00	$0.05
				-$0.09	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
									$0.72	$0.00	$0.00	$0.00	$0.00	$0.00
															-$26.28	<-12 mths	-164.09%
															-$0.06	<-12 mths	-183.65%
Adjusted Net Income CDN$	$3,333	$1,152	-$663	-$6,514	-$380	-$279	-$1,598	$28	$82	$41	$112	-$70	-$140	$41					100.63%	<-Total Growth	10	Adjusted Net Income CDN$		CDN$
Basic	$6.21	$2.20	-$1.26	-$12.40	-$0.73	-$0.54	-$3.05	$0.05	$0.15	$0.07	$0.20	-$0.12	-$0.24	$0.07					100.57%	<-Total Growth	10	AEPS		CDN$
AEPS* Dilued	$6.20	$2.20	-$1.26	-$12.40	-$0.73	-$1.15	-$3.05	$0.06	$0.15	$0.08	$0.20	-$0.13	-$0.24	$0.07	-$0.06	$0.06	$0.15		100.53%	<-Total Growth	10	AEPS		CDN$
Increase	36.28%	-64.54%	-157.49%	-881.93%	94.15%	-58.93%	-164.27%	102.11%	133.54%	-47.35%	156.87%	-162.47%	-92.30%	127.13%	-183.65%	200.00%	175.00%		5	5	10	Years of Data, EPS P or N	50.00%	CDN$
AEPS Yield	9.59%	16.15%	-9.27%	-112.22%	-5.36%	-11.18%	-33.01%	0.41%	1.29%	1.17%	1.47%	-1.47%	-4.65%	1.74%	-1.80%	1.80%	4.94%		#NUM!	<-IRR #YR->	10	AEPS	100.53%	CDN$
5 year Running Average		$3.88	$3.19	-$0.15	-$1.20	-$2.67	-$3.72	-$3.45	-$0.94	-$0.78	-$0.51	$0.07	$0.01	$0.00	-$0.03	-$0.06	-$0.01		-15.12%	<-IRR #YR->	5	AEPS	-55.93%	CDN$
Payout Ratio																			-29.35%	<-IRR #YR->	10	5 yr Running Average	96.90%	CDN$
5 year Running Average																			-65.67%	<-IRR #YR->	5	5 yr Running Average	99.52%	CDN$
Price/AEPS Median	9.96	18.09	-9.52	-0.73	-15.76	-9.53	-3.07	206.29	88.06	126.37	87.73	-106.84	-29.02	93.98	-70.23	0.00	0.00		42.33	<-Median->	10	Price/AEPS Median		CDN$
Price/AEPS High	12.55	30.32	-14.09	-0.96	-20.70	-12.03	-3.43	272.51	115.09	170.48	155.15	-150.81	-40.28	115.23	-85.50	0.00	0.00		55.83	<-Median->	10	Price/AEPS High		CDN$
Price/AEPS Low	7.37	5.87	-4.95	-0.49	-10.82	-7.03	-2.70	140.07	61.04	82.26	20.30	-62.86	-17.76	72.74	-54.95	0.00	0.00		8.80	<-Median->	10	Price/AEPS Low		CDN$
Price/AEPS Close	10.43	6.19	-10.79	-0.89	-18.66	-8.94	-3.03	241.85	77.70	85.68	67.94	-68.23	-21.49	57.46	-55.68	55.68	20.25		27.22	<-Median->	10	Price/AEPS Close		CDN$
Trailing P/AEPS Close	14.21	2.20	6.20	-8.75	-1.09	-14.21	-8.01	-5.10	181.46	45.11	174.53	42.62	-41.33	-15.59	46.57	-55.68	55.68		-3.10	<-Median->	10	Trailing P/AEPS Close		CDN$
Median Values								P/CF	5 Yrs	in order	87.73	115.23	20.30	57.46		-163.47%	Diff M/C					DPR 75% to 95% best		CDN$
* Adjusted Earnings per Share
				$12.40	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.07
									-$0.15	$0.00	$0.00	$0.00	$0.00	$0.07
				$0.15	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
									$0.94	$0.00	$0.00	$0.00	$0.00	$0.00
															-$0.27	<-12 mths	-22.73%
Pre-split '05
Pre-split '07
EPS Basic $US	$6.36	$2.22	-$1.23	-$11.18	-$0.58	-$0.40	-$2.30	$0.76	$0.17	-$0.27	-$1.97	$0.02	-$1.27	-$0.22					98.03%	<-Total Growth	10	EPS Basic		US$
Pre-split '05
Pre-split '07
EPS Diluted*	$6.34	$2.22	-$1.23	-$11.18	-$0.58	-$0.86	-$2.30	$0.74	$0.15	-$0.32	-$1.97	-$0.31	-$1.35	-$0.22	-$0.14	-$0.02	$0.03		98.03%	<-Total Growth	10	EPS Diluted		US$
Increase	47.10%	-64.98%	-155.41%	808.94%	-94.81%	48.28%	167.44%	-132.17%	-79.61%	-312%	516%	-84%	335%	-84%	-38%	-88%	-280%		2	8	10	Years of Data, EPS P or N
Earnings Yield	11.4%	15.1%	-8.5%	-138.4%	-6.5%	-10.6%	-29.7%	6.4%	1.7%	-6.3%	-18.1%	-4.5%	-35.2%	-7.9%	-6.2%	-0.8%	1.4%		-32.49%	<-IRR #YR->	10	Earnings	98.03%	US$
5 year Running Average	$3.46	$3.69	$2.99	$0.09	-$0.89	-$2.33	-$3.23	-$2.84	-$0.57	-$0.52	-$0.74	-$0.34	-$0.76	-$0.83	-$0.80	-$0.41	-$0.34		#NUM!	<-IRR #YR->	5	Earnings	-245.83%	US$
10 year Running Average	$1.81	$2.03	$1.94	$0.81	$0.72	$0.57	$0.23	$0.08	-$0.24	-$0.70	-$1.53	-$1.79	-$1.80	-$0.70	-$0.66	-$0.57	-$0.34		#NUM!	<-IRR #YR->	10	5 yr Running Average	-1006.52%	US$
* Diluted ESP per share										E/P	10 Yrs	-7.20%	5Yrs	-7.91%					7.92%	<-IRR #YR->	5	5 yr Running Average	-46.36%	US$
				$11.18	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	-$0.22
									-$0.15	$0.00	$0.00	$0.00	$0.00	-$0.22
				-$0.09	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	-$0.83
									$0.57	$0.00	$0.00	$0.00	$0.00	-$0.83
															-$0.37	<-12 mths	-28.33%
EPS Basic	$6.21	$2.20	-$1.26	-$12.40	-$0.73	-$0.54	-$3.05	$0.98	$0.23	-$0.36	-$2.50	$0.03	-$1.72	-$0.29					97.65%	<-Total Growth	10	EPS Basic		CDN$
Pre-split '05 CDN$
Pre-split '07 CDN$
EPS Diluted*	$6.20	$2.20	-$1.26	-$12.40	-$0.73	-$1.15	-$3.05	$0.95	$0.21	-$0.42	-$2.50	-$0.39	-$1.83	-$0.29	-$0.19	-$0.02	$0.04		97.65%	<-Total Growth	10	EPS Diluted		CDN$
Increase	36.28%	-64.54%	-157.49%	881.93%	-94.15%	58.93%	164.27%	-131.21%	-78.36%	-305%	493%	-84%	365%	-84%	-35%	-88%	-280%		2	8	10	Years of Data, EPS P or N		CDN$
Earnings Yield	9.6%	16.2%	-9.3%	-112.2%	-5.4%	-11.2%	-33.0%	6.1%	1.8%	-6.2%	-18.1%	-4.5%	-34.9%	-7.7%	-6.1%	-0.7%	1.3%		-31.29%	<-IRR #YR->	10	Earnings	97.65%	CDN$
5 year Running Average	$3.70	$3.88	$3.19	-$0.15	-$1.20	-$2.67	-$3.72	-$3.28	-$0.75	-$0.69	-$0.96	-$0.43	-$0.99	-$1.09	-$1.04	-$0.54	-$0.46		#NUM!	<-IRR #YR->	5	Earnings	-241.38%	CDN$
10 year Running Average	$1.92	$2.16	$2.08	$0.82	$0.70	$0.52	$0.08	-$0.04	-$0.45	-$0.95	-$1.82	-$2.07	-$2.13	-$0.92	-$0.87	-$0.75	-$0.44		22.31%	<-IRR #YR->	10	5 yr Running Average	-649.09%	CDN$
* Diluted ESP per share										E/P	10 Yrs	-6.94%	5Yrs	-7.66%					#NUM!	<-IRR #YR->	-1	5 yr Running Average	-44.15%	CDN$
				$12.40	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	-$0.29
									-$0.21	$0.00	$0.00	$0.00	$0.00	-$0.29
				$0.15	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	-$1.09
																					Yr	Item	Tot. Growth	Per Year
Revenue Growth US$									$904.0	$1,040.0	$893.0	$718.0	$656.0	$853.0	$624	<-12 mths	-26.85%		-5.64%	<-Total Growth	5	Revenue Growth US$	-5.64%	-1.15%
AEPS Growth									$0.11	$0.06	$0.16	-$0.10	-$0.18	$0.05	-$0.04	<-12 mths	-180.00%		-54.55%	<-Total Growth	5	AEPS Growth	-54.55%	-14.59%
Net Income Growth									$93.0	-$152.0	-$1,104.0	$12.0	-$734.0	-$130.0	-$161	<-12 mths	-23.85%		-239.78%	<-Total Growth	5	Net Income Growth	-239.78%	N/C
Cash Flow Growth									$704.0	$26.0	$82.0	-$28.0	-$263.0	-$3.0	-$117	<-12 mths	-3800.00%		-100.43%	<-Total Growth	5	Cash Flow Growth	-100.43%	N/C
Dividend Growth									$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	-$0.02	<-12 mths	#DIV/0!		0.00%	<-Total Growth	5	Dividend Growth	0.00%	0.00%
Stock Price Growth									$8.79	$5.08	$10.91	$6.87	$3.83	$2.78	$2.21	<-12 mths	-20.50%		-68.37%	<-Total Growth	5	Stock Price Growth	-68.37%	-20.57%
Revenue Growth				$6,813.0	$3,335.0	$2,160.0	$1,309.0	$932.0	$904.0	$1,040.0	$893.0	$718.0	$656.0	$853.0	$604	<-this year	-29.17%		-87.48%	<-Total Growth	10	Revenue Growth	-87.48%	-18.76%
AEPS Growth				-$11.18	-$0.58	-$0.86	-$2.30	$0.05	$0.11	$0.06	$0.16	-$0.10	-$0.18	$0.05	-$0.04	<-this year	-180.00%		100.45%	<-Total Growth	10	AEPS Growth	100.45%	7.20%
Net Income Growth				-$5,873.0	-$304.0	-$208.0	-$1,206.0	$405.0	$93.0	-$152.0	-$1,104.0	$12.0	-$734.0	-$130.0	-$89	<-this year	31.19%		97.79%	<-Total Growth	10	Net Income Growth	97.79%	7.06%
Cash Flow Growth				-$159.0	$813.0	$257.0	-$224.0	$704.0	$704.0	$26.0	$82.0	-$28.0	-$263.0	-$3.0	-$6	<-this year	-96.41%		98.11%	<-Total Growth	10	Cash Flow Growth	98.11%	7.08%
Dividend Growth				$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	<-this year	#DIV/0!		0.00%	<-Total Growth	10	Dividend Growth	0.00%	0.00%
Stock Price Growth				$8.08	$8.93	$8.09	$7.75	$11.50	$8.79	$5.08	$10.91	$6.87	$3.83	$2.78	$2.21	<-this year	-20.50%		-65.59%	<-Total Growth	10	Stock Price Growth	-65.59%	-10.12%
Dividends on Shares					$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	No of Years	10	Total Divs	12/31/13
Paid				$1,003.30	$1,617.98	$1,630.68	$1,165.86	$1,783.08	$1,233.17	$1,060.45	$1,071.88	$1,501.14	$560.07	$596.90	$391.16	$391.16	$391.16		$596.90	No of Years	10	Worth	$7.90	126.58
Total																			$596.90
Graham No.CDN$ AEPS	$48.21	$30.70	$30.27	$3.32	$3.43	$3.45	$2.73	$2.94	$4.71	$3.27	$3.93	$3.95	$3.02	$1.61	$1.61	$1.47	$2.44		-51.55%	<-Total Growth	10	Graham Price AEPS		CDN$
Price/GP Ratio Med	1.28	1.29	0.40	2.72	3.34	3.18	3.43	4.50	2.81	3.05	4.54	3.43	2.34	3.86	2.41				3.38	<-Median->	10	Price/GP Ratio		CDN$
Price/GP Ratio High	1.61	2.17	0.59	3.60	4.38	4.02	3.84	5.95	3.67	4.12	8.02	4.84	3.25	4.73	2.94				4.25	<-Median->	10	Price/GP Ratio		CDN$
Price/GP Ratio Low	0.95	0.42	0.21	1.84	2.29	2.35	3.02	3.06	1.94	1.99	1.05	2.02	1.43	2.99	1.89				2.15	<-Median->	10	Price/GP Ratio		CDN$
Price/GP Ratio Close	1.34	0.44	0.45	3.33	3.95	2.98	3.39	5.28	2.48	2.07	3.51	2.19	1.74	2.36	1.91	2.09	1.26		2.73	<-Median->	10	Price/GP Ratio		CDN$
Prem/Disc Close	34.02%	-55.70%	-54.96%	232.57%	295.29%	198.48%	238.69%	427.73%	147.57%	107.12%	251.33%	118.77%	73.66%	136.04%	91.33%	109.19%	26.15%		173.03%	<-Median->	10	Graham Price		CDN$
Graham No.CDN$ EPS	$48.21	$30.70	$30.27	$19.43	$13.18	$13.29	$10.48	$11.33	$5.52	$5.28	$3.95	$3.98	$3.04	$2.84	$1.28	#NUM!	$1.28		-85.38%	<-Total Growth	10	Graham Price EPS		CDN$
Price/GP Ratio Med	1.28	1.29	0.40	0.47	0.87	0.83	0.89	1.17	2.40	1.89	4.50	3.40	2.33	2.19	3.05				2.04	<-Median->	10	Price/GP Ratio		CDN$
Price/GP Ratio High	1.61	2.17	0.59	0.62	1.14	1.04	1.00	1.55	3.13	2.55	7.97	4.80	3.23	2.68	3.71				2.62	<-Median->	10	Price/GP Ratio		CDN$
Price/GP Ratio Low	0.95	0.42	0.21	0.31	0.60	0.61	0.79	0.79	1.66	1.23	1.04	2.00	1.43	1.69	2.38				1.14	<-Median->	10	Price/GP Ratio		CDN$
Price/GP Ratio Close	1.34	0.44	0.45	0.57	1.03	0.78	0.88	1.37	2.11	1.28	3.49	2.17	1.72	1.34	2.42	#NUM!	2.42		1.35	<-Median->	10	Price/GP Ratio		CDN$
Prem/Disc Close	34.02%	-55.70%	-54.96%	-43.12%	2.75%	-22.41%	-11.96%	37.18%	111.40%	28.34%	248.90%	117.25%	72.45%	33.80%	141.56%	#NUM!	141.56%		35.49%	<-Median->	10	Graham Price		CDN$
Month, Year	Dec-10	Dec-11	Dec-12	Dec-13	Dec-14	Dec-15	Dec-16	Dec-17	Dec-18	Dec-19	Dec-20	Dec-21	Dec-22	Dec-23	Dec-24	Dec-25	Dec-26		26.00	<Count Years>		Month, Year
Price Close CDN$	$58.07	$14.80	$11.80	$7.90	$12.74	$12.84	$9.18	$14.04	$9.71	$8.35	$8.44	$11.82	$4.41	$4.70	$3.08	$3.08	$3.08		-40.51%	<-Total Growth	10	Stock Price		CDN$
Increase	-18.25%	-74.51%	-20.27%	-33.05%	61.27%	0.78%	-28.50%	52.94%	-30.84%	-14.01%	1.08%	40.05%	-62.69%	6.58%	-34.47%	0.00%	0.00%		-4.88	<-Median->	10	CAPE (10 Yr P/E)		CDN$
P/E	9.37	6.74	-9.34	-0.64	-17.56	-11.14	-3.01	14.76	47.18	-19.81	-3.38	-30.07	-2.41	-16.15	-16.29	-133.36	74.23		-13.51%	<-IRR #YR->	5	Stock Price	-40.51%	CDN$
Trailing P/E	12.77	2.39	5.37	-6.26	-1.03	-17.70	-7.96	-4.61	10.21	40.57	-20.03	-4.73	-11.22	-2.57	-10.59	-16.29	-133.36		-5.06%	<-IRR #YR->	10	Stock Price	-51.60%	CDN$
CAPE (10 Yr P/E)	30.18	6.87	5.68	9.60	18.07	24.91	112.65	-313.39	-21.61	-8.83	-4.65	-5.70	-2.07	-5.11	-3.55	-4.09	-6.93		-14.53%	<-IRR #YR->	15	Stock Price	-90.51%	CDN$
Median 10, 5 Yrs									T P/E	-4.67	-4.73	P/E:	-7.26	-16.15					-5.46%	<-IRR #YR->	20	Stock Price	-67.47%	CDN$
Stock Price 25																			4.13%	<-IRR #YR->	25	Stock Price	-25.40%	CDN$
Stock Price 30																			5.16%	<-IRR #YR->	27	Stock Price
Stock Price 5									-$9.71	$0.00	$0.00	$0.00	$0.00	$4.70								Stock Price 5		CDN$
Stock Price 10				-$7.90	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$4.70								Stock Price 10		CDN$
Stock Price 15	$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	$4.70								Stock Price 15		CDN$
Stock Price 20	$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	$4.70								Stock Price 20		CDN$
Stock Price 25	$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	$4.70								Stock Price 25		CDN$
Stock Price 30	$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	$4.70								Stock Price 30
Month, Year March 1	Mar-11	Mar-12	Mar-13	Mar-14	Mar-15	Mar-16	Mar-17	Mar-18	Mar-19	Mar-20	Mar-21	Mar-22	Mar-23	Mar-24	Mar-25	Mar-26	Mar-27		27.00	<Count Years>		Month, Year
pre-split '05
pre-split '07
Price Close CDN$	$64.61	$13.60	$13.63	$11.05	$13.54	$10.31	$9.23	$15.54	$11.66	$6.77	$13.79	$8.65	$5.24	$3.80	$3.08	$3.08	$3.08		-65.61%	<-Total Growth	10	Stock Price
Increase	-13.33%	-78.95%	0.22%	-18.93%	22.53%	-23.86%	-10.48%	68.36%	-24.97%	-41.94%	103.69%	-37.27%	-39.42%	-27.48%	-18.95%	0.00%	0.00%		-20.09%	<-IRR #YR->	5	Stock Price	-67.41%	CDN$
P/E	10.43	6.19	-10.79	-0.89	-18.66	-8.94	-3.03	16.34	56.66	-16.07	-5.52	-22.01	-2.87	-13.06	-16.29	-133.36	74.23		-10.12%	<-IRR #YR->	10	Stock Price	-65.61%	CDN$
Trailing P/E	14.21	2.20	6.20	-8.75	-1.09	-14.21	-8.01	-5.10	12.26	32.90	-32.72	-3.46	-13.33	-2.08	-10.59	-16.29	-133.36
Median 10, 5 Yrs										Price Inc	-37.27%	P/E:	-7.23	-13.06
				-$11.05	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$3.80
									-$11.66	$0.00	$0.00	$0.00	$0.00	$3.80
Price H/L CDN$	$61.73	$39.75	$12.03	$9.04	$11.44	$10.99	$9.35	$13.26	$13.22	$9.99	$17.81	$13.55	$7.08	$6.22	$3.89				-31.21%	<-Total Growth	10	Stock Price		CDN$
Increase	-12.09%	-35.60%	-69.75%	-24.86%	26.56%	-3.94%	-14.88%	41.76%	-0.30%	-24.44%	78.32%	-23.93%	-47.77%	-12.16%	-37.49%				-3.67%	<-IRR #YR->	10	Stock Price	-31.21%	CDN$
P/E	9.96	18.09	-9.52	-0.73	-15.76	-9.53	-3.07	13.94	64.21	-23.69	-7.13	-34.46	-3.87	-21.36	-20.55				-14.00%	<-IRR #YR->	5	Stock Price	-52.97%	CDN$
Trailing P/E	13.58	6.42	5.47	-7.15	-0.92	-15.14	-8.11	-4.35	13.90	48.52	-42.25	-5.42	-18.00	-3.40	-13.35
P/E on Run. 5 yr Ave	16.68	10.24	3.77	-62.29	-9.53	-4.12	-2.51	-4.05	-17.53	-14.41	-18.51	-31.40	-7.17	-5.72	-3.74
P/E on Run. 10 yr Ave	32.08	18.44	5.79	10.98	16.22	21.31	114.73	-295.87	-29.41	-10.55	-9.81	-6.53	-3.32	-6.75	-4.48				11.95	P/E Ratio		Historical Median		CDN$
Median 10, 5 Yrs										Price Inc	-23.93%	P/E:	-8.33	-21.36						Count	28	Years of data		CDN$
				-$9.04	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$6.22
									-$13.22	$0.00	$0.00	$0.00	$0.00	$6.22
CDN Month	Mar 10	Mar 11	Jan 13	Jan 14	Jan 15	Mar 15	Sep 16	Jan 18	Mar 18	Mar 19	Jan 21	Jun 21	Mar 22	Sep 23	May 24							Month, Year
pre-split '05
pre-split '07
Price High CDN$	$77.76	$66.60	$17.80	$11.96	$15.02	$13.87	$10.46	$17.51	$17.27	$13.47	$31.49	$19.12	$9.82	$7.62	$4.73				-36.29%	<-Total Growth	10	Stock Price		CDN$
Increase	-17.59%	-14.35%	-73.27%	-32.81%	25.59%	-7.66%	-24.59%	67.40%	-1.37%	-22.00%	133.78%	-39.28%	-48.64%	-22.40%	-37.93%				-4.41%	<-IRR #YR->	10	Stock Price	-36.29%	CDN$
P/E	12.55	30.32	-14.09	-0.96	-20.70	-12.03	-3.43	18.41	83.92	-31.96	-12.60	-48.65	-5.37	-26.19	-25.02				-15.10%	<-IRR #YR->	5	Stock Price	-55.88%	CDN$
Trailing P/E	17.10	10.75	8.10	-9.47	-1.21	-19.12	-9.07	-5.75	18.16	65.45	-74.73	-7.65	-24.99	-4.17	-16.26				15.48	P/E Ratio		Historical Median		CDN$
Median 10, 5 Yrs									T P/E	-6.70	-7.65	P/E:	-12.32	-26.19					80.28	P/E Ratio		Historical High		CDN$
				-$11.96	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$7.62
									-$17.27	$0.00	$0.00	$0.00	$0.00	$7.62
CDN Month	Sep 10	Dec 11	Sep 12	Dec 13	Apr 14	Oct 15	Jun 16	Mar 17	Dec 18	Oct 19	Mar 20	Feb 22	Dec 22	Mar 23	Jun 24							Month, Year
pre-split '05
pre-split '07
Price Low CDN$	$45.69	$12.90	$6.25	$6.11	$7.85	$8.10	$8.24	$9.00	$9.16	$6.50	$4.12	$7.97	$4.33	$4.81	$3.04				-21.28%	<-Total Growth	10	Stock Price		CDN$
Increase	-0.80%	-71.77%	-51.55%	-2.24%	28.48%	3.18%	1.73%	9.22%	1.78%	-29.04%	-36.62%	93.45%	-45.67%	11.09%	-36.80%				-2.36%	<-IRR #YR->	10	Stock Price	-21.28%	CDN$
P/E	7.37	5.87	-4.95	-0.49	-10.82	-7.03	-2.70	9.46	44.51	-15.42	-1.65	-20.28	-2.37	-16.53	-16.08				-12.09%	<-IRR #YR->	5	Stock Price	-47.49%	CDN$
Trailing P/E	10.05	2.08	2.84	-4.84	-0.63	-11.17	-7.15	-2.95	9.63	31.58	-9.78	-3.19	-11.02	-2.63	-10.45				6.62	P/E Ratio		Historical Median		CDN$
Median 10, 5 Yrs									T P/E	-3.07	-3.19	P/E:	-4.86	-15.42					-11.74	P/E Ratio		Historical Low		CDN$
				-$6.11	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$4.81
									-$9.16	$0.00	$0.00	$0.00	$0.00	$4.81
Close Price US$ using CDN$	$59.42	$14.96	$11.49	$7.12	$10.19	$9.58	$6.93	$10.93	$7.12	$6.34	$6.65	$9.32	$3.26	$3.55	$2.23	$2.23	$2.23		-50.11%	<-Total Growth	10	Stock Price		US$
pre-split '05
pre-split '07
US Prices	Dec-10	Dec-11	Dec-12	Dec-13	Dec-14	Dec-15	Dec-16	Dec-17	Dec-18	Dec-19	Dec-20	Dec-21	Dec-22	Dec-23	Dec-24	Dec-25	Dec-26		27.00	<Count Years>		Month, Year
Price Close US$	$58.13	$14.50	$11.87	$7.44	$10.98	$9.28	$6.89	$11.17	$7.11	$6.42	$6.63	$9.35	$3.26	$3.54	$2.21	$2.21	$2.21		-52.42%	<-Total Growth	10	Stock Price		US$
Increase	-13.93%	-75.06%	-18.14%	-37.32%	47.58%	-15.48%	-25.75%	62.12%	-36.35%	-9.70%	3.27%	41.03%	-65.13%	8.59%	-37.57%	0.00%	0.00%		-3.07	<-Median->	10	CAPE (10 Yr P/E)		US$
P/E	9.17	6.53	-9.65	-0.67	-18.93	-10.79	-3.00	15.09	47.13	-20.06	-3.37	-30.16	-2.41	-16.09	-16.17	-132.34	73.67		-13.02%	<-IRR #YR->	5	Stock Price	-50.21%	US$
Trailing P/E	13.49	2.29	5.35	-6.05	-0.98	-16.00	-8.01	-4.86	9.61	42.56	-20.72	-4.75	-10.52	-2.62	-10.05	-16.17	-132.34		-7.16%	<-IRR #YR->	10	Stock Price	-52.42%	US$
CAPE (10 Yr P/E)	32.20	7.13	6.11	9.14	15.26	16.33	30.22	146.97	-29.76	-9.15	-4.33	-5.24	-1.81	-5.04	-3.36	-3.86	-6.50		-15.01%	<-IRR #YR->	15	Stock Price	-91.28%	US$
Median 10, 5 Yrs										Price Inc	3.27%	P/E:	-7.08	-16.09					-5.57%	<-IRR #YR->	20	Stock Price	-68.22%	US$
Stock Price 25													CAPE Diff	9.50%					1.94%	<-IRR #YR->	25	Stock Price	-73.44%	US$
Stock Price 30																			5.27%	<-IRR #YR->	27	Stock Price
Stock Price 5									-$7.11	$0.00	$0.00	$0.00	$0.00	$3.54								Stock Price 5
Stock Price 10				-$7.44	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$3.54								Stock Price 10
Stock Price 15	$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	$3.54								Stock Price 15		US$
Stock Price 20	$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	$3.54								Stock Price 20		US$
Stock Price 25	$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	$3.54								Stock Price 25		US$
Stock Price 30	$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	$3.54
																								US$
US Prices	Mar-11	Mar-12	Mar-13	Mar-14	Mar-15	Mar-16	Mar-17	Mar-18	Mar-19	Mar-20	Mar-21	Mar-22	Mar-23	Mar-24	Mar-25	Mar-26	Mar-27
Price Close US$ March 1	$55.54	$14.70	$14.45	$8.08	$8.93	$8.09	$7.75	$11.50	$8.79	$5.08	$10.91	$6.87	$3.83	$2.78	$2.21	$2.21	$2.21		-65.59%	<-Total Growth	10	Stock Price		US$
Increase	-24.92%	-73.53%	-1.70%	-44.08%	10.52%	-9.41%	-4.20%	48.39%	-23.57%	-42.21%	114.76%	-37.03%	-44.25%	-27.42%	-20.50%	0.00%	0.00%		-2.99	<-Median->	10	CAPE (10 Yr P/E)		US$
P/E	8.76	6.62	-11.75	-0.72	-15.40	-9.41	-3.37	15.54	58.27	-15.88	-5.54	-22.16	-2.84	-12.64	-16.17	-132.34	73.67		-20.57%	<-IRR #YR->	5	Stock Price	-68.37%	US$
Trailing P/E	12.89	2.32	6.51	-6.57	-0.80	-13.95	-9.01	-5.00	11.88	33.67	-34.09	-3.49	-12.35	-2.06	-10.05	-16.17	-132.34		-10.12%	<-IRR #YR->	10	Stock Price	-65.59%	US$
CAPE (10 Yr P/E)	30.76	7.23	7.44	9.93	12.41	14.23	33.99	151.32	-36.79	-7.24	-7.12	-3.85	-2.13	-3.96	-3.36	-3.86	-6.50
Median 10, 5 Yrs										Price Inc	-37.03%	P/E:	-7.47	-12.64
Stock Price 5									-$8.79	$0.00	$0.00	$0.00	$0.00	$2.78								Stock Price 5
Stock Price 10				-$8.08	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$2.78								Stock Price 10
Price H/L US$	$59.39	$38.31	$12.03	$11.02	$9.88	$8.54	$7.14	$10.54	$10.01	$7.49	$12.00	$11.07	$5.51	$4.52	$2.84				-59.03%	<-Total Growth	10	Stock Price		US$
Increase	-1.85%	-35.50%	-68.61%	-8.36%	-10.39%	-13.57%	-16.40%	47.72%	-5.03%	-25.17%	60.21%	-7.75%	-50.27%	-17.98%	-37.10%				-8.54%	<-IRR #YR->	10	Stock Price	-59.03%	US$
P/E	9.37	17.25	-9.78	-0.99	-17.03	-9.92	-3.10	14.24	66.35	-23.41	-6.09	-35.71	-4.08	-20.52	-20.78				-14.72%	<-IRR #YR->	5	Stock Price	-54.90%	US$
Trailing P/E	13.78	6.04	5.42	-8.96	-0.88	-14.72	-8.30	-4.58	13.53	49.65	-37.50	-5.62	-17.76	-3.34	-12.91
P/E on Run. 5 yr Ave	17.15	10.39	4.02	119.78	-11.15	-3.67	-2.21	-3.72	-17.57	-14.46	-16.22	-32.38	-7.25	-5.41	-3.56
P/E on Run. 10 yr Ave	32.90	18.84	6.19	13.54	13.72	15.02	31.29	138.68	-41.90	-10.67	-7.83	-6.20	-3.06	-6.43	-4.32				11.70	P/E Ratio		Historical Median
Median 10, 5 Yrs									T P/E	-5.10	-5.62	P/E:	-8.01	-20.52						Count	28	Years of data
				-$11.02	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$4.52
									-$10.01	$0.00	$0.00	$0.00	$0.00	$4.52
US Month	Mar 10	Mar 11	Jan 13	Apr13	Jan 15	Mar 15	Sep 16	Jan 18	Mar  18	Mar  19	Jan 21	Jun 21	Mar 22	Sep 23	May 24							US Month		US$
pre-split '05																								US$
pre-split '07																								US$
Price High US$	$75.94	$64.09	$17.74	$16.29	$12.60	$11.05	$7.98	$14.40	$13.25	$10.09	$21.10	$15.88	$7.83	$5.53	$3.47				-66.05%	<-Total Growth	10	Stock Price		US$
Increase	-11.46%	-15.60%	-72.32%	-8.17%	-22.65%	-12.30%	-27.78%	80.45%	-7.99%	-23.85%	109.12%	-24.74%	-50.69%	-29.37%	-37.25%				-10.24%	<-IRR #YR->	10	Stock Price	-66.05%	US$
P/E	11.98	28.87	-14.42	-1.46	-21.72	-12.85	-3.47	19.46	87.83	-31.53	-10.71	-51.23	-5.80	-25.14	-25.38				-16.03%	<-IRR #YR->	5	Stock Price	-58.26%	US$
Trailing P/E	17.62	10.11	7.99	-13.24	-1.13	-19.05	-9.28	-6.26	17.91	66.88	-65.94	-8.06	-25.26	-4.10	-15.77				15.72	P/E Ratio		Historical Median		US$
Median 10, 5 Yrs									T P/E	-7.16	-8.06	P/E:	-11.78	-25.14					88.43	P/E Ratio		Historical High		US$
				-$16.29	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$5.53
									-$13.25	$0.00	$0.00	$0.00	$0.00	$5.53
US Month	Aug 10	Aug 11	Sep12	Dec 13	Apr 14	Sep 15	Jun 16	Mar 17	Dec 18	Oct 19	Mar 20	Feb 22	Dec 22	Mar 23	Jun 24							US Month		US$
pre-split '05																								US$
pre-split '07																								US$
Price Low US$	$42.84	$12.52	$6.31	$5.75	$7.15	$6.02	$6.29	$6.68	$6.77	$4.89	$2.90	$6.26	$3.18	$3.50	$2.21				-39.13%	<-Total Growth	10	Stock Price		US$
Increase	21.53%	-70.77%	-49.60%	-8.87%	24.35%	-15.80%	4.49%	6.20%	1.35%	-27.77%	-40.70%	115.86%	-49.20%	10.06%	-36.86%				-4.84%	<-IRR #YR->	10	Stock Price	-39.13%	US$
P/E	6.76	5.64	-5.13	-0.51	-12.33	-7.00	-2.73	9.03	44.88	-15.28	-1.47	-20.19	-2.36	-15.91	-16.17				-12.36%	<-IRR #YR->	5	Stock Price	-48.30%	US$
Trailing P/E	9.94	1.97	2.84	-4.67	-0.64	-10.38	-7.31	-2.90	9.15	32.41	-9.06	-3.18	-10.26	-2.59	-10.05				6.20	P/E Ratio		Historical Median		US$
Median 10, 5 Yrs									T P/E	-3.04	-3.18	P/E:	-4.87	-15.28					-12.92	P/E Ratio		Historical Low		US$
				-$5.75	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$3.50
									-$6.77	$0.00	$0.00	$0.00	$0.00	$3.50
Free Cash Flow US$	-$207	$880	$1,522	$305	$155	-$293	$659	$51	$51	-$18	$38	-$67	-$311	-$10	$33.14	$34.39	$37.75		-103.28%	<-Total Growth	10	Free Cash Flow		US$
Change	-108.58%	525.12%	72.95%	-79.96%	-49.18%	-289.03%	324.91%	-92.26%	0.00%	-135.29%	311.11%	-276.32%	-364.18%	96.78%	431.40%	3.77%	9.77%		#NUM!	<-IRR #YR->	5	Free Cash Flow MS	-119.61%	US$
FCF/CF from Op Ratio	-0.05	0.30	0.66	-1.92	0.19	-1.14	-2.94	0.07	0.07	-0.69	0.46	2.39	1.18	3.33	-5.62	0.83	#DIV/0!		#NUM!	<-IRR #YR->	10	Free Cash Flow MS	-103.28%	US$
									-$51	$0	$0	$0	$0	-$10
				-$305	$0	$0	$0	$0	$0	$0	$0	$0	$0	-$10
Market Cap US$	$29,096	$7,705	$7,574	$4,255	$4,722	$4,216	$4,111	$6,172	$4,811	$2,815	$6,170	$3,959	$2,230	$1,638	$1,302	$1,302	$1,302		-61.50%	<-Total Growth	10	Market Cap		US$
Market Cap CDN$	$33,847	$7,129	$7,144	$5,818	$7,160	$5,373	$4,896	$8,341	$6,382	$3,752	$7,798	$4,984	$3,051	$2,239	$1,815	$1,815	$1,815		-61.52%	<-Total Growth	10	Market Cap		CDN$
Diluted # of Shares in Million			524.160	525.168	527.684	651.303	525.265	545.886	616.467	614.361	561.305	631.440	639.487	584.543	637.710				11.31%	<-Total Growth	10	Diluted
Change				0.19%	0.48%	23.43%	-19.35%	3.93%	12.93%	-0.34%	-8.64%	12.49%	1.27%	-8.59%	9.10%				0.88%	<-Median->	10	Change
Difference Diluted/Basic			0.0%	0.0%	-0.5%	-19.2%	0.0%	-2.4%	-12.3%	-9.8%	0.0%	-9.6%	-9.5%	0.0%	-9.5%				-5.95%	<-Median->	10	Difference Diluted/Basic
Basic # of Shares in Millions	535.990	524.100	524.160	525.168	525.168	526.303	525.265	532.888	540.477	553.861	561.305	570.607	578.654	584.543	576.877	adjust			11.31%	<-Total Growth	10	Average
Change	-5.05%	-2.22%	0.01%	0.19%	0.00%	0.22%	-0.20%	1.45%	1.42%	2.48%	1.34%	1.66%	1.41%	1.02%	-1.31%				1.38%	<-Median->	10	Change
Basic # of Shares in Millions	-2.3%	0.0%	0.0%	0.3%	0.7%	-1.0%	1.0%	0.7%	1.3%	0.1%	0.7%	1.0%	0.6%	0.8%	2.1%				0.74%	<-Median->	10	Basic # of Shares in Millions
															-$117.00	<-12 mths	-119.86%
pre-split '05
pre-split '07
# of Share in Millions	523.869	524.160	524.160	526.552	528.802	521.172	530.497	536.734	547.358	554.199	565.505	576.228	582.157	589.233	589.233	589.233	589.233		1.13%	<-IRR #YR->	10	Shares	11.90%	capital stock
Increase	-6.00%	0.06%	0.00%	0.46%	0.43%	-1.44%	1.79%	1.18%	1.98%	1.25%	2.04%	1.90%	1.03%	1.22%	0.00%	0.00%	0.00%		1.49%	<-IRR #YR->	5	Shares	7.65%
CF fr Op $M US$	$4,009	$2,912	$2,303	-$159	$813	$257	-$224	$704	$704	$26	$82	-$28	-$263	-$3	-$6	$41			98.11%	<-Total Growth	10	Cash Flow		US$
Increase	32.10%	-27.36%	-20.91%	-106.90%	611.32%	-68.39%	-187.16%	414.29%	0.00%	-96.31%	215.38%	-134.15%	-839.29%	98.86%	-96.41%	800.00%			SO	Buy Backs
5 year Running Average	$2,162	$2,597	$2,742	$2,420	$1,976	$1,225	$598	$278	$451	$293	$258	$298	$104	-$37	-$44	-$52			-101.54%	<-Total Growth	10	CF 5 Yr Running		US$
CFPS US$	$7.65	$5.56	$4.39	-$0.30	$1.54	$0.49	-$0.42	$1.31	$1.29	$0.05	$0.15	-$0.05	-$0.45	-$0.01	-$0.01	$0.07			98.31%	<-Total Growth	10	Cash Flow per Share		US$
Increase	40.53%	-27.40%	-20.91%	-106.87%	609.15%	-67.93%	-185.63%	410.63%	-1.94%	-96.35%	209.08%	-133.51%	-829.72%	98.87%	-96.41%	800.00%			-32.77%	<-IRR #YR->	10	Cash Flow	98.11%	US$
5 year Running Average	$3.96	$4.80	$5.12	$4.55	$3.77	$2.34	$1.14	$0.52	$0.84	$0.54	$0.47	$0.55	$0.20	-$0.06	-$0.07	-$0.09			#NUM!	<-IRR #YR->	5	Cash Flow	-100.43%	US$
P/CF on Med Price	7.76	6.89	2.74	-36.49	6.42	17.31	-16.90	8.04	7.78	159.65	82.76	-227.82	-12.19	-886.79	-284.00	0.00			-33.52%	<-IRR #YR->	10	Cash Flow per Share	98.31%	US$
P/CF on Closing Price	7.26	2.65	3.29	-26.76	5.81	16.41	-18.35	8.77	6.83	108.28	75.24	-141.38	-8.48	-546.02	-221.00	31.57			#NUM!	<-IRR #YR->	5	Cash Flow per Share	-100.40%	US$
																-3211.41%	Diff M/C		#NUM!	<-IRR #YR->	10	CFPS 5 yr Running	-101.38%	US$
Excl.Working Capital CF	$496.0	$210.0	-$485.0	-$1,259.0	-$59.0	-$113.0	$103.0	$112.0	$15.0	$21.0	$56.0	-$1.0	-$7.0	$155.0	$0	$0			#NUM!	<-IRR #YR->	5	CFPS 5 yr Running	-107.45%	US$
CF fr Op $M WC US$	$4,505	$3,122	$1,818	-$1,418	$754	$144	-$121	$816	$719	$47	$138	-$29	-$270	$152	-$6	$41			110.72%	<-Total Growth	10	Cash Flow less WC		US$
Increase	40.96%	-30.70%	-41.77%	-178.00%	153.17%	-80.90%	-184.03%	774.38%	-11.89%	-93.46%	193.62%	-121.01%	-831.03%	156.30%	-103.88%	800.00%			#NUM!	<-IRR #YR->	10	Cash Flow less WC	110.72%	US$
5 year Running Average	$2,449	$2,898	$2,972	$2,245	$1,756	$884	$235	$35	$462	$321	$320	$338	$121	$8	-$3	-$22			-26.71%	<-IRR #YR->	5	Cash Flow less WC	-78.86%	US$
CFPS Excl. WC US$	$8.60	$5.96	$3.47	-$2.69	$1.43	$0.28	-$0.23	$1.52	$1.31	$0.08	$0.24	-$0.05	-$0.46	$0.26	-$0.01	$0.07			#NUM!	<-IRR #YR->	10	CF less WC 5 Yr Run	-99.66%	US$
Increase	49.97%	-30.74%	-41.77%	-177.64%	152.95%	-80.62%	-182.55%	766.54%	-13.60%	-93.54%	187.75%	-120.62%	-821.55%	155.62%	-103.88%	800.00%			-56.03%	<-IRR #YR->	5	CF less WC 5 Yr Run	-98.36%	US$
5 year Running Average	$4.48	$5.36	$5.54	$4.21	$3.35	$1.69	$0.45	$0.06	$0.86	$0.59	$0.59	$0.62	$0.23	$0.01	$0.00	-$0.04			#NUM!	<-IRR #YR->	10	CFPS - Less WC	109.58%	US$
P/CF on Med Price	6.91	6.43	3.47	-4.09	6.93	30.89	-31.28	6.93	7.62	88.32	49.17	-219.96	-11.87	17.50	-284.00	0.00			-27.79%	<-IRR #YR->	5	CFPS - Less WC	-80.36%	US$
P/CF on Closing Price	6.46	2.47	4.17	-3.00	6.26	29.28	-33.98	7.56	6.69	59.90	44.71	-136.51	-8.26	10.78	-221.00	31.57			#NUM!	<-IRR #YR->	10	CFPS 5 yr Running	-99.65%	US$
				CF/-WC	P/CF Med	10 yr	7.10	5 yr	-12.19	P/CF Med	10 yr	7.28	5 yr	17.50		-3137.13%	Diff M/C		-55.80%	<-IRR #YR->	5	CFPS 5 yr Running	-98.31%	US$
															-$161.81	<-12 mths	-214.30%
CF fr Op $M CDN$	$3,918	$2,882	$2,365	-$176	$1,017	$345	-$297	$905	$960	$34	$104	-$35	-$356	-$4	-$8	$57			97.75%	<-Total Growth	10	Cash Flow		CDN$
Increase	22.38%	-26.44%	-17.94%	-107.46%	676.60%	-66.12%	-186.13%	404.87%	6.16%	-96.43%	203.79%	-134.13%	-903.45%	98.89%	-105.38%	800.00%			SO	Buy Backs
5 year Running Average	$2,279	$2,683	$2,847	$2,438	$2,001	$1,286	$651	$359	$586	$389	$341	$394	$141	-$51	-$60	-$69			-102.11%	<-Total Growth	10	CF 5 Yr Running		CDN$
CFPS CDN$	$7.48	$5.50	$4.51	-$0.33	$1.92	$0.66	-$0.56	$1.69	$1.75	$0.06	$0.18	-$0.06	-$0.61	-$0.01	-$0.01	$0.10			97.99%	<-Total Growth	10	Cash Flow per Share		CDN$
Increase	30.20%	-26.48%	-17.94%	-107.42%	674.14%	-65.62%	-184.61%	401.33%	4.09%	-96.48%	197.72%	-133.49%	-893.23%	98.90%	-105.38%	800.00%			-31.58%	<-IRR #YR->	10	Cash Flow	97.75%	CDN$
5 year Running Average	$4.16	$4.95	$5.31	$4.58	$3.82	$2.45	$1.24	$0.68	$1.09	$0.72	$0.63	$0.72	$0.27	-$0.09	-$0.10	-$0.12			#NUM!	<-IRR #YR->	5	Cash Flow	-100.41%	CDN$
P/CF on Med Price	8.25	7.23	2.67	-26.98	5.95	16.62	-16.71	7.86	7.53	161.62	96.80	-219.87	-11.56	-922.95	-280.91	0.00			-32.34%	<-IRR #YR->	10	Cash Flow per Share	97.99%	CDN$
P/CF on Closing Price	8.64	2.47	3.02	-32.99	7.04	15.59	-16.50	9.22	6.65	109.58	74.97	-140.41	-8.56	-564.31	-222.70	31.81			#NUM!	<-IRR #YR->	5	Cash Flow per Share	-100.38%	CDN$
																-3404.72%	Diff M/C		#NUM!	<-IRR #YR->	10	CFPS 5 yr Running	-101.90%	CDN$
Excl.Working Capital CF	$484.7	$208	-$498	-$1,396	-$74	-$151	$136	$144	$20	$28	$71	-$1	-$9	$205	$0.0	$0.0			#NUM!	<-IRR #YR->	5	CFPS 5 yr Running	-107.95%	CDN$
CF fr Op $M WC CDN$	$4,402.3	$3,090	$1,867	-$1,573	$943	$193	-$160	$1,049	$981	$62	$175	-$37	-$366	$201	-$8	$57			112.78%	<-Total Growth	10	Cash Flow less WC		CDN$
Increase	30.59%	-29.82%	-39.58%	-184.26%	159.96%	-79.53%	-183.03%	754.17%	-6.46%	-93.69%	182.83%	-121.00%	-894.63%	154.97%	-104.05%	800.00%			#NUM!	<-IRR #YR->	10	Cash Flow less WC	112.78%	CDN$
5 year Running Average	$2,616	$3,028	$3,118	$2,231	$1,746	$904	$254	$90	$601	$425	$421	$446	$163	$7	-$7	-$31			-27.17%	<-IRR #YR->	5	Cash Flow less WC	-79.50%	CDN$
CFPS Excl. WC CDN$	$8.40	$5.89	$3.56	-$2.99	$1.78	$0.37	-$0.30	$1.95	$1.79	$0.11	$0.31	-$0.06	-$0.63	$0.34	-$0.01	$0.10			#NUM!	<-IRR #YR->	10	CF less WC 5 Yr Run	-99.68%	CDN$
Increase	38.93%	-29.86%	-39.58%	-183.88%	159.71%	-79.23%	-181.57%	746.57%	-8.28%	-93.77%	177.17%	-120.61%	-884.50%	154.31%	-104.05%	800.00%			-58.83%	<-IRR #YR->	5	CF less WC 5 Yr Run	-98.82%	CDN$
5 year Running Average	$4.77	$5.58	$5.79	$4.18	$3.33	$1.72	$0.49	$0.16	$1.12	$0.79	$0.77	$0.82	$0.30	$0.01	-$0.01	-$0.05			#NUM!	<-IRR #YR->	10	CFPS - Less WC	111.42%	CDN$
P/CF on Med Price	7.35	6.74	3.38	-3.02	6.41	29.65	-30.94	6.78	7.37	89.41	57.52	-212.29	-11.26	18.22	-280.91	0.00			-28.23%	<-IRR #YR->	5	CFPS - Less WC	-80.96%	CDN$
P/CF on Closing Price	7.69	2.31	3.83	-3.70	7.59	27.83	-30.55	7.95	6.51	60.62	44.55	-135.57	-8.34	11.14	-222.70	31.81			#NUM!	<-IRR #YR->	10	5 yr Running	-99.66%	CDN$
*Operational Cash Flow per share CDN$				CF/-WC	P/CF Med	10 yr	6.74	5 yr	-11.56	P/CF Med	10 yr	7.08	5 yr	18.22		-3245.79%	Diff M/C		-58.32%	<-IRR #YR->	5	5 yr Running	-98.74%	CDN$
				-526.6	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	589.2								Shares
									-547.4	0.0	0.0	0.0	0.0	589.2								Shares
				$159	$0	$0	$0	$0	$0	$0	$0	$0	$0	-$3								Cash Flow		US$
									-$704	$0	$0	$0	$0	-$3								Cash Flow		US$
				$0.30	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	-$0.01								Cash Flow per Share		US$
									-$1.29	$0.00	$0.00	$0.00	$0.00	-$0.01								Cash Flow per Share		US$
				-$4.55	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	-$0.06								CFPS 5 yr Running		US$
									-$0.84	$0.00	$0.00	$0.00	$0.00	-$0.06								CFPS 5 yr Running		US$
				$1,418	$0	$0	$0	$0	$0	$0	$0	$0	$0	$152								Cash Flow less WC		US$
									-$719	$0	$0	$0	$0	$152								Cash Flow less WC		US$
				-$2,245	$0	$0	$0	$0	$0	$0	$0	$0	$0	$8								CF less WC 5 Yr Run		US$
									-$462	$0	$0	$0	$0	$8								CF less WC 5 Yr Run		US$
				$2.69	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.26								CFPS - Less WC		US$
									-$1.31	$0.00	$0.00	$0.00	$0.00	$0.26								CFPS - Less WC		US$
				-$4.21	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.01								CFPS 5 yr Running		US$
									-$0.86	$0.00	$0.00	$0.00	$0.00	$0.01								CFPS 5 yr Running		US$
				$176	$0	$0	$0	$0	$0	$0	$0	$0	$0	-$4								Cash Flow		CDN$
									-$960	$0	$0	$0	$0	-$4								Cash Flow		CDN$
				$0.33	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	-$0.01								Cash Flow per Share		CDN$
									-$1.75	$0.00	$0.00	$0.00	$0.00	-$0.01								Cash Flow per Share		CDN$
				-$4.58	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	-$0.09								CFPS 5 yr Running		CDN$
									-$1.09	$0.00	$0.00	$0.00	$0.00	-$0.09								CFPS 5 yr Running		CDN$
				$1,573	$0	$0	$0	$0	$0	$0	$0	$0	$0	$201								Cash Flow less WC		CDN$
									-$981	$0	$0	$0	$0	$201								Cash Flow less WC		CDN$
				-$2,231	$0	$0	$0	$0	$0	$0	$0	$0	$0	$7								CF less WC 5 Yr Run		CDN$
									-$601	$0	$0	$0	$0	$7								CF less WC 5 Yr Run		CDN$
				$2.99	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.34								CFPS - Less WC		CDN$
									-$1.79	$0.00	$0.00	$0.00	$0.00	$0.34								CFPS - Less WC		CDN$
				-$4.18	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.01								CFPS 5 yr Running		CDN$
									-$1.12	$0.00	$0.00	$0.00	$0.00	$0.01								CFPS 5 yr Running		CDN$
Accounts receivable, net				$1,381	$469	$200	$157	$49	-$9	$18	$29	$44	$18	-$79
Other receivables				$124	$55	$47	$17	-$44	$52	$5	-$11	$0	$13	-$9
Inventories				$359	$123	-$21	$117	$23	$0
Income tax receivable				$224	$204	$166	-$17	$2	$17	$3	-$4	$1	$6	-$1
Other current assets				-$26	$116	$257	$45	$16	-$1	$2	$55	$15	-$1	-$53
Accounts payable				-$590	-$240	$14	-$167	-$82	-$15	-$17	-$11	$2	$2	-$7
Accrued liabilities				-$251	-$550	-$304	-$99	-$36	-$21	-$15	-$20	-$16	-$11	-$21
Income taxes payable						$9	-$9	$4	-$2	$1	-$15	$5	$9	$8
Deferred revenue				$38	-$118	-$255	-$147	-$44	-$36	-$18	-$79	-$50	-$29	$7
Sum				$1,259	$59	$113	-$103	-$112	-$15	-$21	-$56	$1	$7	-$155
Google --> TD				$1,259	$59	$113	-$103	-$112	-$15	-$21	-$56	$1	$7	-$155
Difference				$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
TD				$1,259	$59	$113	-$103	2020->	-$26
Difference				$0	$0	$0	$0
OPM	20.14%	15.80%	20.80%	-2.33%	24.38%	11.90%	-17.11%	75.54%	77.88%	2.50%	9.18%	-3.90%	-40.09%	-0.35%	-0.98%				84.93%	<-Total Growth	10	OPM		CDN$
Increase	-0.77%	-21.56%	31.67%	-111.22%	1144.57%	-51.19%	-243.82%	541.42%	3.10%	-96.79%	267.30%	-142.47%	-928.06%	99.12%	-177.29%					Should increase		or be stable.		CDN$
Diff from Ave.	91.1%	49.9%	97.3%	-122.1%	131.3%	12.9%	-262.4%	616.6%	638.8%	-76.3%	-12.9%	-137.0%	-480.4%	-103.3%	-109.3%				-0.45	<-Median->	10	OPM		CDN$
*Operational Profit Margin (CF/Revenue) Ratio										OPM	10 Yrs	10.54%	5 Yrs	9.18%					should be	zero, it is a		check on calculations		CDN$
															$9	<-12 mths	-84.21%
Adjusted EBITDA						$433	$182	$155	$186	$149	$154	-$8	-$71	$57	$4	$40	$75		-86.84%	<-Total Growth	8	Adjusted EBITDA		US$
Change							-57.97%	-14.84%	20.00%	-19.89%	3.36%	-105.19%	-787.50%	180.28%	-92.45%	826.36%	88.06%		-17.36%	<-Median->	8	Change		US$
Margin						20.05%	13.90%	16.63%	20.58%	14.33%	17.25%	-1.11%	-10.82%	6.68%	0.71%	6.06%	3.16%		14.33%	<-Median->	9	Margin		US$
Long Term Debt US$ (Debentures)					$1,707	$1,277	$591	$782	$665	$0	$720	$507	$0	$194	$194							Debt		US$
Change						-25.19%	-53.72%	32.32%	-14.96%	-100.00%	0.00%	-29.58%	-100.00%	0.00%	0.00%				-25.19%	<-Median->	9	Change		US$
Debt/Market Cap Ratio					0.36	0.30	0.14	0.13	0.14	0.00	0.12	0.13	0.00	0.12	0.15				0.13	<-Median->	10	% of Market C.		US$
Assets/Current Liabilities Ratio					4.80	5.33	5.38	8.15	8.34	3.47	6.57	6.47	2.30	3.92	4.12				5.36	<-Median->	10	Assets/Current Liabilities Ratio		US$
Debt to Cash Flow (Years)					2.10	4.97	-2.64	1.11	0.94	0.00	8.78	-18.11	0.00	-64.67	-32.92				0.47	<-Median->	10	Debt to Cash Flow (Years)		US$
Long Term Debt CDN$					$2,135	$1,712	$783	$1,005	$907	$0	$913	$643	$0	$257	$268							Debt		CDN
Change						-19.81%	-54.27%	28.35%	-9.73%	-100.00%	0.00%	-29.62%	-100.00%	0.00%	4.57%				-19.81%	<-Median->	9	Change		CDN
Debt/Market Cap Ratio					0.30	0.32	0.16	0.12	0.14	0.00	0.12	0.13	0.00	0.11	0.15				0.12	<-Median->	9	Debt/Market Cap Ratio		CDN
Assets/Current Liabilities Ratio					4.80	5.33	5.38	8.15	8.34	3.47	6.57	6.47	2.30	3.92	4.12				5.36	<-Median->	10	Assets/Current Liabilities Ratio		CDN
Debt to Cash Flow (Years)					2.10	4.97	-2.64	1.11	0.94	0.00	8.78	-18.11	0.00	-64.67	-32.92				0.47	<-Median->	10	Debt to Cash Flow (Years)		CDN
Intangibles US$		$304	$3,430	$1,242	$1,375	$1,213	$602	$477	$1,068	$915	$771	$522	$203	$154	$145				-706%	<-Total Growth	10	Intangibles		US$
Goodwill					$76	$618	$559	$569	$1,463	$143	$849	$844	$595	$562	$561				639.47%	<-Total Growth	9	Goodwill		US$
Total		$304	$3,430	$1,242	$1,451	$1,831	$1,161	$1,046	$2,531	$2,352	$1,620	$1,620	$1,620	$1,620	$1,582				30%	<-Total Growth	10	Total		US$
Change			1028.29%	-63.79%	16.83%	26.19%	-36.59%	-9.91%	141.97%	-7.07%	-31.12%	0.00%	0.00%	0.00%	-2.35%				0.00%	<-Median->	10	Change		US$
Intangbles/Market Cap Ratio		0.04	0.45	0.29	0.31	0.43	0.28	0.17	0.53	0.84	0.26	0.41	0.73	0.99	1.21				0.42	<-Median->	10	% of Market C.
Intangibles CDN$		$301	$3,522	$1,378	$1,720	$1,626	$798	$613	$1,457	$1,205	$978	$662	$275	$204	$201				-576%	<-Total Growth	10	Intangibles		CDN$
Goodwill					$95	$829	$741	$731	$1,996	$188	$1,077	$1,070	$806	$743	$776				681.92%	<-Total Growth	9	Goodwill		CDN$
Total		$301	$3,522	$1,378	$1,815	$2,455	$1,538	$1,344	$3,453	$3,097	$2,055	$2,054	$2,194	$2,143	$2,188				56%	<-Total Growth	10	Total		CDN$
Change			1070.65%	-60.88%	31.74%	35.26%	-37.34%	-12.61%	156.86%	-10.29%	-33.65%	-0.06%	6.83%	-2.35%	2.11%				-1.20%	<-Median->	10	Change		CDN
Intangbles/Market Cap Ratio		0.04	0.49	0.24	0.25	0.46	0.31	0.16	0.54	0.83	0.26	0.41	0.72	0.96	1.21				0.43	<-Median->	10	% of Market C.		CDN
Current Assets US$	$7,488	$7,056	$7,101	$5,057	$4,167	$3,011	$1,691	$2,548	$1,194	$1,196	$1,006	$1,043	$743	$508	$458				Liquidity ratio of 1.5 and up, best					US$
Current Liabilities	$3,630	$3,389	$3,448	$2,268	$1,363	$1,039	$606	$464	$471	$1,121	$429	$397	$729	$356	$321				2.44	<-Median->	10	Ratio		US$
Liquidity Ratio	2.06	2.08	2.06	2.23	3.06	2.90	2.79	5.49	2.54	1.07	2.34	2.63	1.02	1.43	1.43				1.43	<-Median->	5	Ratio		US$
Assets US$	$12,875	$13,731	$13,165	$7,552	$6,549	$5,534	$3,263	$3,780	$3,929	$3,888	$2,818	$2,567	$1,679	$1,395	$1,323				Debt Ratio of 1.5 and up, best					US$
Liabilities	$3,937	$3,631	$3,705	$3,927	$3,118	$2,326	$1,206	$1,275	$1,293	$1,359	$1,314	$1,011	$822	$619	$581				2.46	<-Median->	10	Ratio		US$
Debt Ratio	3.27	3.78	3.55	1.92	2.10	2.38	2.71	2.96	3.04	2.86	2.14	2.54	2.04	2.25	2.28				2.25	<-Median->	5	Ratio		US$
Book Value US$	$8,938	$10,100	$9,460	$3,625	$3,431	$3,208	$2,057	$2,505	$2,636	$2,529	$1,504	$1,556	$857	$776	$742	$742	$742		-78.59%	<-Total Growth	10	Book Value		US$
Book Value per Share	$17.06	$19.27	$18.05	$6.88	$6.49	$6.16	$3.88	$4.67	$4.82	$4.56	$2.66	$2.70	$1.47	$1.32	$1.26	$1.26	$1.26		-80.87%	<-Total Growth	10	Book Value per Share		US$
Change	25.07%	12.94%	-6.34%	-61.85%	-5.75%	-5.13%	-37.01%	20.36%	3.19%	-5.24%	-41.72%	1.53%	-45.48%	-10.54%	-4.38%	0.00%	0.00%		-19.07%	P/B Ratio		Current/10 Year Median		US$
P/B Ratio (Median)	3.48	1.99	0.67	1.60	1.52	1.39	1.84	2.26	2.08	1.64	4.51	4.10	3.74	3.43	2.26				3.45	P/B Ratio		Historical Median		US$
P/B Ratio (Close)	3.26	0.76	0.80	1.17	1.38	1.31	2.00	2.46	1.83	1.11	4.10	2.54	2.60	2.11	1.75	1.75	1.75		-15.24%	<-IRR #YR->	10	Book Value per Share	-80.87%	US$
Change	-39.97%	-76.56%	4.95%	46.59%	17.27%	-4.51%	52.07%	23.28%	-25.93%	-39.01%	268.50%	-37.98%	2.26%	-18.86%	-16.86%	0.00%	0.00%		-22.84%	<-IRR #YR->	5	Book Value per Share	-72.65%	US$
Leverage (A/BK)	1.44	1.36	1.39	2.08	1.91	1.73	1.59	1.51	1.49	1.54	1.87	1.65	1.96	1.80	1.78				1.69	<-Median->	10	A/BV		US$
Debt/Equity Ratio	0.44	0.36	0.39	1.08	0.91	0.73	0.59	0.51	0.49	0.54	0.87	0.65	0.96	0.80	0.78				0.69	<-Median->	10	Debt/Eq Ratio		US$
Sharerholders Equity (Assets less liabilities)										P/BV	10 yr Med	2.17	5 yr Med	3.74		-19.07%	Diff M/C		1.39	Historical	28	A/BV		US$
				-$6.88	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$1.32
									-$4.82	$0.00	$0.00	$0.00	$0.00	$1.32
Current Assets CDN$	$7,317	$6,983	$7,291	$5,609	$5,212	$4,037	$2,240	$3,274	$1,629	$1,575	$1,276	$1,322	$1,006	$672	$633				Liquidity ratio of 1.5 and up, best					CDN$
Current Liabilities	$3,547	$3,354	$3,540	$2,516	$1,705	$1,393	$803	$596	$643	$1,476	$544	$503	$987	$471	$444				2.44	<-Median->	10	Ratio		CDN$
Liquidity Ratio	2.06	2.08	2.06	2.23	3.06	2.90	2.79	5.49	2.54	1.07	2.34	2.63	1.02	1.43	1.43				1.43	<-Median->	5	Ratio		CDN$
Liq. with CF aft div							2.42	7.01	4.03	1.09	2.54	2.56	0.66	1.42	1.41
Assets CDN$	$12,581	$13,588	$13,517	$8,377	$8,191	$7,419	$4,323	$4,858	$5,360	$5,120	$3,575	$3,254	$2,274	$1,845	$1,830				Debt Ratio of 1.5 and up, best					CDN$
Liabilities	$3,847.2	$3,593.2	$3,804.1	$4,356	$3,900	$3,118	$1,598	$1,639	$1,764	$1,790	$1,667	$1,282	$1,113	$819	$804				2.46	<-Median->	10	Ratio		CDN$
Debt Ratio	3.27	3.78	3.55	1.92	2.10	2.38	2.71	2.96	3.04	2.86	2.14	2.54	2.04	2.25	2.28				2.25	<-Median->	5	Ratio		CDN$
Book Value CDN$	$8,734	$9,995	$9,713	$4,021	$4,291	$4,301	$2,725	$3,219	$3,596	$3,330	$1,908	$1,973	$1,161	$1,026	$1,026	$1,026	$1,026		-74.47%	<-Total Growth	10	Book Value		CDN$
Book Value per Share	$16.67	$19.07	$18.53	$7.64	$8.12	$8.25	$5.14	$6.00	$6.57	$6.01	$3.37	$3.42	$1.99	$1.74	$1.74	$1.74	$1.74		-77.19%	<-Total Growth	10	Book Value per Share		CDN$
Change	15.87%	14.37%	-2.82%	-58.79%	6.28%	1.69%	-37.75%	16.76%	9.54%	-8.53%	-43.86%	1.48%	-41.76%	-12.64%	-0.01%	0.00%	0.00%		-16.21%	P/B Ratio		Current/10 Year Median		CDN$
P/B Ratio (Median)	3.70	2.08	0.65	1.18	1.41	1.33	1.82	2.21	2.01	1.66	5.28	3.96	3.55	3.57	2.23				3.56	P/B Ratio		Historical Median		CDN$
P/B Ratio (Close)	3.88	0.71	0.74	1.45	1.67	1.25	1.80	2.59	1.77	1.13	4.09	2.53	2.63	2.18	1.77	1.77	1.77		-13.74%	<-IRR #YR->	10	Book Value per Share	-77.19%	CDN$
Change	-25.21%	-81.60%	3.13%	96.74%	15.30%	-25.12%	43.82%	44.20%	-31.50%	-36.52%	262.84%	-38.19%	4.01%	-16.99%	-18.94%	0.00%	0.00%		-23.32%	<-IRR #YR->	5	Book Value per Share	-73.49%	CDN$
Leverage (A/BK)	1.44	1.36	1.39	2.08	1.91	1.73	1.59	1.51	1.49	1.54	1.87	1.65	1.96	1.80	1.78				1.69	<-Median->	10	A/BV		CDN$
Debt/Equity Ratio	0.44	0.36	0.39	1.08	0.91	0.73	0.59	0.51	0.49	0.54	0.87	0.65	0.96	0.80	0.78				0.69	<-Median->	10	Debt/Eq Ratio		CDN$
Sharerholders Equity (Assets less liabilities)										P/BV	10 yr Med	2.11	5 yr Med	3.57		-16.21%	Diff M/C		1.39	Historical	28	A/BV
				-$7.64	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$1.74
									-$6.57	$0.00	$0.00	$0.00	$0.00	$1.74
															-$154	<-12 mths	110.29%
Total Comprehensive Income US$	$3,350	$1,214	-$690	-$5,877	-$319	-$193	-$1,215	$412	$89	-$165	-$1,084	$6	-$739	-$120					97.96%	<-Total Growth	10	Comprehensive Income		US$
Increase	33.63%	-63.76%	-156.84%	-751.74%	94.57%	39.50%	-529.53%	133.91%	-78.40%	-285.39%	-556.97%	100.55%	-12416.67%	83.76%					-285.4%	<-Median->	5	Comprehensive Income		US$
5 Yr Running Average	$1,929	$2,046	$1,649	$101	-$464	-$1,173	-$1,659	-$1,438	-$245	-$214	-$393	-$148	-$379	-$420					-32.24%	<-IRR #YR->	10	Comprehensive Income	97.96%	US$
ROE US$	37.5%	12.0%	-7.3%	-162.1%	-9.3%	-6.0%	-59.1%	16.4%	3.4%	-6.5%	-72.1%	0.4%	-86.2%	-15.5%					#NUM!	<-IRR #YR->	5	Comprehensive Income	-234.83%	US$
5Yr Median	32.9%	32.9%	31.7%	12.0%	-7.3%	-7.3%	-9.3%	-9.3%	-6.0%	-6.0%	-6.5%	0.4%	-6.5%	-15.5%					#NUM!	<-IRR #YR->	10	5 Yr Running Average	-517.06%	US$
% Difference from NI	-1.8%	4.3%	6.8%	0.1%	4.9%	-7.2%	0.7%	1.7%	-4.3%	8.6%	-1.8%	-50.0%	0.7%	-7.7%					11.39%	<-IRR #YR->	5	5 Yr Running Average	-71.45%	US$
Median Values										Diff	5, 10 yr	0.4%	-1.8%	-1.8%					-15.5%	<-Median->	5	Return on Equity		US$
				$5,877	$0	$0	$0	$0	$0	$0	$0	$0	$0	-$120
									-$89	$0	$0	$0	$0	-$120
				-$101	$0	$0	$0	$0	$0	$0	$0	$0	$0	-$420
									$245	$0	$0	$0	$0	-$420
Current Liability Coverage Ratio	1.24	0.92	0.53	-0.63	0.55	0.14	-0.20	1.76	1.53	0.04	0.32	-0.07	-0.37	0.43	-0.02							CFO / Current Liabilities		US$
5 year Median	1.24	1.05	1.05	0.92	0.55	0.53	0.14	0.14	0.55	0.14	0.32	0.32	0.04	0.04	-0.02				0.04	<-Median->	5	Current Liability Cov Ratio		US$
Asset Efficiency Ratio	34.99%	22.74%	13.81%	-18.78%	11.51%	2.60%	-3.71%	21.59%	18.30%	1.21%	4.90%	-1.13%	-16.08%	10.90%	-0.45%							CFO / Total Assets		US$
5 year Median	28.43%	27.41%	27.41%	22.74%	13.81%	11.51%	2.60%	2.60%	11.51%	2.60%	4.90%	4.90%	1.21%	1.21%	-0.45%				1.2%	<-Median->	5	Return on Assets		US$
Return on Assets US$	26.49%	8.48%	-4.91%	-77.77%	-4.64%	-3.76%	-36.96%	10.71%	2.37%	-3.91%	-39.18%	0.47%	-43.72%	-9.32%	-6.76%				Net	Income/Assets		ROA		US$
5Yr Median	23.48%	23.48%	23.36%	8.48%	-4.64%	-4.64%	-4.91%	-4.64%	-3.76%	-3.76%	-3.91%	0.47%	-3.91%	-9.32%	-9.32%				-9.3%	<-Median->	5	ROA		US$
ROE US$	38.16%	11.52%	-6.83%	-162.01%	-8.86%	-6.48%	-58.63%	16.17%	3.53%	-6.01%	-73.40%	0.77%	-85.65%	-16.75%	-12.06%				Net Inc/	Shareholders' equity		ROE		US$
5Yr Median	32.32%	32.32%	32.22%	11.52%	-6.83%	-6.83%	-8.86%	-8.86%	-6.48%	-6.01%	-6.01%	0.77%	-6.01%	-16.75%	-16.75%				-16.8%	<-Median->	5	ROE		US$
															-$161	<-12 mths	-23.85%
Net Income US$	$3,411	$1,164	-$646	-$5,873	-$304	-$208	-$1,206	$405	$93	-$152	-$1,104	$12	-$734	-$130	-$89.5	-$20.0	$17.1		97.79%	<-Total Growth	10	Net Income		US$
Increase	38.82%	-65.88%	-155.50%	809.13%	-94.82%	-31.58%	479.81%	-133.58%	-77.04%	-263.44%	626.32%	-101.09%	-6216.67%	-82.29%	-31.19%	-77.60%	-185.23%		EPS/CF Ratio should not be higher than 1.00					US$
5 Yr Running Average	$1,937.2	$2,043.7	$1,655.8	$102.6	-$449.6	-$1,173.4	-$1,647.4	-$1,437.2	-$244.0	-$213.6	-$392.8	-$149.2	-$377.0	-$421.6	-$409.1	-$192.3	-$191.3		-31.69%	<-IRR #YR->	10	Net Income	97.79%	US$
Operating Cash Flow	$4,009	$2,912	$2,303	-$159	$813	$257	-$224	$704	$704	$26	$82	-$28	-$263	-$3					#NUM!	<-IRR #YR->	5	Net Income	-239.78%	US$
Investment Cash Flow	-$1,470	-$3,024	-$2,240	-$1,040	-$1,173	-$439	$724	-$630	-$375	-$188	-$65	$207	$176	$46					#NUM!	<-IRR #YR->	10	5 Yr Running Average	-510.80%	US$
Total Accruals	$872	$1,276	-$709	-$4,674	$56	-$26	-$1,706	$331	-$236	$10	-$1,121	-$167	-$647	-$173					11.56%	<-IRR #YR->	5	5 Yr Running Average	-72.79%	US$
Total Assets	$12,875	$13,731	$13,165	$7,552	$6,549	$5,534	$3,263	$3,780	$3,929	$3,888	$2,818	$2,567	$1,679	$1,395						Balance Sheet		Assets		US$
Accruals Ratio	6.77%	9.29%	-5.39%	-61.89%	0.86%	-0.47%	-52.28%	8.76%	-6.01%	0.26%	-39.78%	-6.51%	-38.53%	-12.40%					-12.40%	<-Median->	5	Ratio		US$
EPS/CF Ratio	0.74	0.37	-0.35	4.15	-0.41	-3.11	10.08	0.49	0.11	-3.77	-8.07	6.16	2.91	-0.85					-0.15	<-Median->	10	EPS/CF Ratio
				$5,873	$0	$0	$0	$0	$0	$0	$0	$0	$0	-$130
									-$93	$0	$0	$0	$0	-$130
				-$103	$0	$0	$0	$0	$0	$0	$0	$0	$0	-$422
									$244	$0	$0	$0	$0	-$422
Financial Cash Flow	-$843	-$149	-$36	$1,224	$16	-$78	-$722	$2	$5	$7	-$227	$10	$6	-$165						C F Statement		Financial Cash Flow		US$
Total Accruals	$1,716	$1,425	-$673	-$5,898	$40	$52	-$984	$329	-$241	$3	-$894	-$177	-$653	-$8								Accruals		US$
Accruals Ratio	13.32%	10.38%	-5.11%	-78.10%	0.61%	0.94%	-30.16%	8.70%	-6.13%	0.08%	-31.72%	-6.90%	-38.89%	-0.57%					-6.90%	<-Median->	5	Ratio		US$
															-$213	<-12 mths	-34.19%
Total Comprehensive Income CDN$	$3,274	$1,201	-$708	-$6,519	-$399	-$259	-$1,610	$529	$121	-$217	-$1,375	$8	-$1,001	-$159					97.57%	<-Total Growth	10	Comprehensive Income		CDN$
Increase	23.80%	-63.30%	-158.97%	-820.14%	93.88%	35.15%	-522.07%	132.89%	-77.07%	-278.97%	-532.82%	100.55%	-13257.98%	84.14%					-279.0%	<-Median->	5	Comprehensive Income		CDN$
5 Yr Running Average	$2,065	$2,158	$1,763	-$22	-$630	-$1,337	-$1,899	-$1,651	-$323	-$287	-$510	-$187	-$493	-$549					-31.03%	<-IRR #YR->	10	Comprehensive Income	97.57%	CDN$
ROE CDN$	37.5%	12.0%	-7.3%	-162.1%	-9.3%	-6.0%	-59.1%	16.4%	3.4%	-6.5%	-72.1%	0.4%	-86.2%	-15.5%					#NUM!	<-IRR #YR->	5	Comprehensive Income	-230.72%	CDN$
5Yr Median	32.9%	32.9%	31.7%	12.0%	-7.3%	-7.3%	-9.3%	-9.3%	-6.0%	-6.0%	-6.5%	0.4%	-6.5%	-15.5%					38.21%	<-IRR #YR->	10	5 Yr Running Average	-2444.06%	CDN$
% Difference from NI	-1.8%	4.3%	6.8%	0.1%	4.9%	-7.2%	0.7%	1.7%	-4.3%	8.6%	-1.8%	-50.0%	0.7%	-7.7%					11.17%	<-IRR #YR->	5	5 Yr Running Average	-69.77%	CDN$
Median Values											Diff	5, 10 yr	-0.6%	-1.8%					-15.5%	<-Median->	5	Return on Equity		CDN$
				$6,519	$0	$0	$0	$0	$0	$0	$0	$0	$0	-$159
									-$121	$0	$0	$0	$0	-$159
				$22	$0	$0	$0	$0	$0	$0	$0	$0	$0	-$549
									$323	$0	$0	$0	$0	-$549
Current Liability Coverage Ratio	1.24	0.92	0.53	-0.63	0.55	0.14	-0.20	1.76	1.53	0.04	0.32	-0.07	-0.37	0.43	-0.02							CFO / Current Liabilities		CDN$
5 year Median	1.24	1.05	1.05	0.92	0.55	0.53	0.14	0.14	0.55	0.14	0.32	0.32	0.04	0.04	-0.02				0.04	<-Median->	5	Current Liability Cov Ratio		CDN$
Asset Efficiency Ratio	34.99%	22.74%	13.81%	-18.78%	11.51%	2.60%	-3.71%	21.59%	18.30%	1.21%	4.90%	-1.13%	-16.08%	10.90%	-0.45%							CFO / Total Assets		CDN$
5 year Median	28.43%	27.41%	27.41%	22.74%	13.81%	11.51%	2.60%	2.60%	11.51%	2.60%	4.90%	4.90%	1.21%	1.21%	-0.45%				1.2%	<-Median->	5	Return on Assets		CDN$
Return on Assets	26.5%	8.5%	-4.9%	-77.8%	-4.6%	-3.8%	-37.0%	10.7%	2.4%	-3.9%	-39.2%	0.5%	-43.7%	-9.3%	-6.8%				Net	Income/Assets		ROA		CDN$
5Yr Median	23.5%	23.5%	23.4%	8.5%	-4.6%	-4.6%	-4.9%	-4.6%	-3.8%	-3.8%	-3.9%	0.5%	-3.9%	-9.3%	-9.3%				-9.3%	<-Median->	5	ROA		CDN$
ROE CDN$	38.2%	11.5%	-6.8%	-162.0%	-8.9%	-6.5%	-58.6%	16.2%	3.5%	-6.0%	-73.4%	0.8%	-85.6%	-16.8%	-12.1%				Net Inc/	Shareholders' equity		ROE		CDN$
5Yr Median	32.3%	32.3%	32.2%	11.5%	-6.8%	-6.8%	-8.9%	-8.9%	-6.5%	-6.0%	-6.0%	0.8%	-6.0%	-16.8%	-16.8%				-16.8%	<-Median->	5	ROE		CDN$
															-$223	<-12 mths	-29.50%
Net Income CDN$	$3,333	$1,152	-$663	-$6,514	-$380	-$279	-$1,598	$520	$127	-$200	-$1,400	$15	-$994	-$172	-$124	-$28			97.36%	<-Total Growth	10	Net Income		CDN$
Increase	28.61%	-65.44%	-157.58%	882.14%	-94.16%	-26.66%	472.93%	-132.58%	-75.62%	-257.77%	599.62%	-101.09%	-6634.48%	-82.70%	-28.05%	-77.60%			EPS/CF Ratio should not be higher than 1.00					CDN$
5 Yr Running Average	$2,074	$2,157	$1,770	-$20	-$615	-$1,337	-$1,887	-$1,650	-$322	-$286	-$510	-$188	-$491	-$550	-$535	-$260			-30.47%	<-IRR #YR->	10	Net Income	97.36%	CDN$
Operating Cash Flow	$3,917.6	$2,881.7	$2,364.6	-$176.4	$1,016.9	$344.6	-$296.8	$904.7	$960.4	$34.2	$104.0	-$35.5	-$356.2	-$4.0					#NUM!	<-IRR #YR->	5	Net Income	-235.52%	CDN$
Investment Cash Flow	-$1,437	-$2,993	-$2,300	-$1,154	-$1,467	-$589	$959	-$810	-$512	-$248	-$82	$262	$238	$61					39.20%	<-IRR #YR->	10	5 Yr Running Average	-2631.84%	CDN$
Total Accruals	$852.2	$1,262.7	-$728.0	-$5,184.4	$70.0	-$34.9	-$2,260.1	$425.4	-$322.0	$13.2	-$1,422.0	-$211.7	-$876.3	-$228.8					11.32%	<-IRR #YR->	5	5 Yr Running Average	-70.95%	CDN$
Total Assets	$12,581	$13,588	$13,517	$8,377	$8,191	$7,419	$4,323	$4,858	$5,360	$5,120	$3,575	$3,254	$2,274	$1,845						Balance Sheet		Assets		CDN$
Accruals Ratio	6.77%	9.29%	-5.39%	-61.89%	0.86%	-0.47%	-52.28%	8.76%	-6.01%	0.26%	-39.78%	-6.51%	-38.53%	-12.40%					-12.40%	<-Median->	5	Ratio		CDN$
EPS/CF Ratio	0.74	0.37	-0.35	4.15	-0.41	-3.11	10.08	0.49	0.11	-3.77	-8.07	6.16	2.91	-0.85					-0.15	<-Median->	10	EPS/CF Ratio		CDN$
				$6,514	$0	$0	$0	$0	$0	$0	$0	$0	$0	-$172
									-$127	$0	$0	$0	$0	-$172
				$20	$0	$0	$0	$0	$0	$0	$0	$0	$0	-$550
									$322	$0	$0	$0	$0	-$550
Change in Close	-13.33%	-78.95%	0.22%	-18.93%	22.53%	-23.86%	-10.48%	68.36%	-24.97%	-41.94%	103.69%	-37.27%	-39.42%	-27.48%	-18.95%	0.00%	0.00%			Count	28	Years of data
up/down	Down	Down	Down	Up	Up			Up	Down	Up		Up	Up	Up	Up					Count	25	89.29%
Meet Prediction?	Yes	Yes			Yes			Yes	Yes										% right	Count	9	36.00%
Financial Cash Flow	-$824.2	-$147.5	-$37.0	$1,357.7	$20.0	-$104.6	-$956.5	$2.6	$6.8	$9.2	-$287.9	$12.7	$8.1	-$218.2						C F Statement		Financial Cash Flow		CDN$
Total Accruals	$1,676.4	$1,410.2	-$691.0	-$6,542.1	$50.0	$69.7	-$1,303.6	$422.8	-$328.8	$4.0	-$1,134.0	-$224.4	-$884.4	-$10.6								Accruals		CDN$
Accruals Ratio	13.32%	10.38%	-5.11%	-78.10%	0.61%	0.94%	-30.16%	8.70%	-6.13%	0.08%	-31.72%	-6.90%	-38.89%	-0.57%					-6.90%	<-Median->	5	Ratio		CDN$
Cash US$	$1,791.0	$1,527	$1,549	$1,579	$1,233	$957	$734	$816	$582	$426	$218	$406	$322	$200	$160							Cash		US$
Cash per Share	$3.42	$2.91	$2.96	$3.00	$2.33	$1.84	$1.38	$1.52	$1.06	$0.77	$0.39	$0.70	$0.55	$0.34	$0.27				$0.55	<-Median->	5	Cash per Share		US$
Percentage of Stock Price	6.16%	19.82%	20.45%	37.11%	26.11%	22.70%	17.85%	13.22%	12.10%	15.13%	3.53%	10.26%	14.44%	12.21%	12.29%				12.21%	<-Median->	5	% of Stock Price		US$
Cash CDN$	$1,750.2	$1,511	$1,590	$1,751	$1,542	$1,283	$972	$1,049	$794	$561	$277	$515	$436	$265	$221							Cash		CDN$
Cash per Share	$3.34	$2.88	$3.03	$3.33	$2.92	$2.46	$1.83	$1.95	$1.45	$1.01	$0.49	$0.89	$0.75	$0.45	$0.38				$0.75	<-Median->	5	Cash per Share		CDN$
Percentage of Stock Price	5.17%	21.20%	22.26%	30.10%	21.54%	23.88%	19.86%	12.57%	12.44%	14.95%	3.55%	10.33%	14.30%	11.81%	12.19%				11.81%	<-Median->	5	% of Stock Price		CDN$
Notes:
July 28, 2024.  Last estimates were for 2024, 2025, 2026 of $860M, $791M, $1541M US$ Revenue, $0.02, $0.04, $0.19 US$ AEPS, -$0.18, -$0.11, -$0.07 US$ EPS,
-$43.6M, $24.5M, $7.27M US$ FCF, -$0.23, -$0.01, $0.07 US$ CFPS, -$113M, -$59.2M, -$34.1M US$ Net Income.
July 23, 2023.  Last estimates were for 2023 and 2024 of $954M US$2023 for Revenue, -$0.23 and -$0.28 US$ for AEPS, -$0.18, -$0.16 US$ for EPS,
$110M and $164M US$ for FCF, $0.18 and $0.33 US$ for CFPS, and -$100M and $32M US$ for Net Income.
July 28, 2022.  Last estimates were for 2022, 2023 and 2024 of $782M, $954M 2022-23 US$ for Revenue, -$0.40, -$0.18 and $0.06 US$ for EPS,
$0.19, $0.18 and $0.33 US$ for CFPS, -$277M, -$100M and $32M US$ for Net Income.
July 25, 2021.  Last estimates were for 2021, and 2022 of $952M, $10794M US$ for Adj Revenue,  $955M, $1059M US$ for Revenue,
-$1.20 and -$0.08 US$ for EPS, -$143M and $132M US$ for FCF, $0.14 and $0.03 US$ for CFPS and -$720M and -$92M US$ for Net Income.
August 2, 2020.  Last estimates were for 2020, 2021 and 2022 of $1135M, $1247M and $1339M US$ for Revenue, $959M and $1060M US$ for 2020 and 2021 for Adj Revenue,
-$0.10 and -$0.01 US$ for 2020 and 2021 for EPS, $0.18 and $0.26 for CFPS US$ for 2020 and 2021 and -$72.3M and -$47M US$ for Net Income for 2020 and 2021.
August 8 2019.  Last estimates were for 2019, 2020 and 2021 of $892M, $959M and $1060M for Revenue US$, -$0.28, $0.02 and -$0.24 for EPS US$,
$0.34, $0.25 and $0.69 for CFPS US$ and $-151M, $13.7M and -$135M for Net Income US$
August 10, 2018.  Last estimates were for 2018, 2019 and 2020 of $ 1016M, $932M and $989M for Revenue US$, $0.49, $0.03 and -$0.39 for EPS US$,
0.19, $0.36 and $0.19 for CFPS US$, $424M, -$87M and -$219M US$ for Net Income.
October 2017, Blackberry moves from Nasdaq BBRY to NYSE and BB symbol.
August 13, 2017.  Last estimates were for 2017, 2018 and 2019 of $1681M, $1566M and $1488M US$ for Revenue, -$0.88, -$0.19 and -$0.27 for EPS US$,
$0.36, $0.17 and $0.27 for CFPS, -$617M, -$182M and -$142M for Net Income US$.
August 14, 2016.  There is a difference in basic and diluted EPSThe first was a loss of $0.40 and the second was a loss of $0.86. The difference is because the company
used the dilutive effect of the Debentures using the if-converted method, assuming conversion at the beginning of fiscal 2016 for the year ended February 29, 2016.
August 14, 2016.  Last estimates were for 2016, 2017 and 2018 of $3027M, $2538M and $1809M for Revenue US$, -$0.05, -$0.07 and -$0.37 for EPS US$,
$1.13, $1.35 and -$0.27 for CFPS US$ and -$103M, -$83M and -$138M for Net Income US$.
August 15, 2015.  Last estimates were for 2015 and 2016 of $3420M and $5384M US$ for Revenue, -$0.68 and -$0.10 US$ for EPS, $1.58, and $1.07 US$ for CFPS,
-$373M and -$157M US$ for Net Income.
July 27, 2014.  Last estimates were for 2014, 2015 and 2016 of $12.406M, 11080M and $12120M US$ for Revenue, $0.23, -.04 and $0.89 US$ for EPS, $2.65, $2.76 and $1.66 US$ for CFPS.
June 15, 2013.  Last estimates for for 2012 and 2013 of 18,879M and $17,877M US$ for Revenue, $4.11 and $2.93 US$ for EPS and $5.77 and $4.70 US$ for CFPS.
Effective the start of trading on Monday, February 4, 2013, the ticker symbol for Research In Motion will change to BB on the Toronto Stock Exchange and BBRY on the NASDAQ.
Old Symbols were RIM for Toronto and RIMM for Nasdaq.
Feb 5, 2012.  Last estimates I got were $5.66 and $5.90 US$ for EPS and $7.20 and $7.36US$  for Cash Flow.
With the reports of 2011, you can see net income going down quarter by quarter.  Same with Cash Flow.
May 28, 2010.  When I last looked at this stock, I got estimates for 1010 and 2010 of $4.24 and $5.20US$  for earnings and $4.35 and $4.23 for CF US$
Nov 11, 2009.  When I looked at this stock in Jun 2009, I got earnings for 2010 and 2011 of $4.10 and $4.90 US$ ($4.75 and $5.68 CDN$ at exch of 1.1588)
June 23, 2009.  when I looked at this stock in Sep 2008 I got estimates earnings for 2009 of $3.30US$ and 2010 $3.82 US$.  Earnings did come in at $3.30US$ for 2009.
AP 2008 - This stock is still doing very well.  P/E is still very high.  Accrual Ratio is also high, but it has not been predictive of stock movement.  This stock is going to continue to go up well it is
highly liked my the market.
AR 2007-  It has done much better in US $ than CDN$.  However, it is still making money, but P/E is very high.
AR 2005  P/E is really high again.  Seems to be doing ok at present.
AR 2004  I know it was a high risk tech stock when I bought it.  It might still do fine.
IPO Oct 28, 1997   Fiscal Year in 2002 = March 2, 2002
Sector:
Tech
What should this stock accomplish?
Would I buy this company and Why.
Not now.  I think that this is not a stock I could profit from owning at this time.
Why am I following this stock.
I always liked tech stocks and this was a fast rising tech stock when I bought it.
Why I bought this stock.
I bought this stock for capital gain.  I first bought it in 1999 and then some more in 2000.  I sold some in 2006 and 2007 to lock in some profit.
I sold the rest of my stock in 2010.
Dividends
No dividends
How they make their money
BlackBerry Ltd. provides intelligent security software and services to enterprises and governments worldwide. BlackBerry aligned its
software and services business around 2 key market opportunities: Cyber Security & IoT.
Mike Lazaridis owns almost 6% of the outstanding shares and is selling them off.  Part of this sell off goes to Charity.  He was co-founder of company with Jim Balsillie.  Jim owns almost as much as Mike does.
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.
Shares; '%, Value $M	Shares	%, Val $M	Shares	%, Val $M	Shares	%, Val $M	Shares	%, Val $M	Shares	%, Val $M	Shares	%, Val $M	Shares	%, Val $M	Shares	%, Val $M			Shares	%, Val $M			Change
Date	Aug 14	2016	Aug 13	2017	Aug 13	2018	Aug 08	2019	Aug 02	2020	Jul 27	2021	Jul 27	2021	Jul 27	2021			Jul 28	2024
Giamatteo, John Joseph															0.076	0.01%			0.206	0.03%			169.45%
CEO - Shares - Amount																$0.291				$0.635
Options - percentage															0.746	0.13%			3.345	0.57%			348.37%
Options - amount																$2.835				$10.304
Chen, John	0.104	0.02%	1.931	0.36%	3.381	0.62%	6.271	1.13%	6.783	1.20%	7.225	1.25%	9.002	1.55%	9.448	1.60%						Ceased insider Nov 2023	-100.00%
CEO & Chairman		$0.964		$30.008		$39.426		$42.454		$93.540		$62.498		$47.172		$35.901
Options - percentage	13.317	2.51%	9.750	1.82%	16.500	3.01%	10.000	1.80%	9.000	1.59%	8.000	1.39%	4.000	0.69%	3.000	0.51%							-100.00%
Options - amount		$122.92		$151.515		$192.390		$67.700		$124.110		$69.200		$20.960		$11.400
Rai, Steve									0.016	0.00%	0.003	0.00%	0.025	0.00%	0.053	0.01%			0.091	0.02%			73.38%
CFO - Shares - Amount										$0.220		$0.024		$0.128		$0.200				$0.280
Options - percentage									0.226	0.04%	0.146	0.03%	0.168	0.03%	0.322	0.05%			0.524	0.09%			62.88%
Options - amount										$3.111		$1.260		$0.878		$1.223				$1.615
Capelli, Steven			0.000	0.00%	0.028	0.01%	0.068	0.01%	0.204	0.04%												Ceased Insider Oct 2020
CFO - Shares - Amount				$0.000		$0.331		$0.459		$2.816
Options - percentage			0.472	0.09%	0.557	0.10%	0.838	0.15%	0.985	0.17%
Options - amount				$7.339		$6.495		$5.673		$13.580
Dickman, Marjorie Jill															0.067	0.01%			0.087	0.01%			30.39%
Officer - Shares - Amount																$0.254				$0.268
Options - percentage															0.140	0.02%			0.218	0.04%			55.49%
Options - amount																$0.532				$0.671
Eriksson, Mattias											0.000	0.00%	0.027	0.00%	0.065	0.01%			0.214	0.04%			231.33%
Officer - Shares - Amount												$0.000		$0.140		$0.246				$0.660
Options - percentage											0.293	0.05%	0.374	0.06%	0.368	0.06%			0.559	0.09%			51.77%
Options - amount												$2.534		$1.961		$1.400				$1.722
Cook, Randall							0.002	0.00%	0.013	0.00%	0.030	0.01%	0.048	0.01%								last update Apr 2022	#DIV/0!
Officer - Shares - Amount								$0.014		$0.177		$0.257		$0.254
Options - percentage							0.139	0.02%	0.127	0.02%	0.082	0.01%	0.061	0.01%									#DIV/0!
Options - amount								$0.938		$1.747		$0.709		$0.318
Kurtz, Philip Simon															0.005	0.00%			0.018	0.00%			244.64%
Officer - Shares - Amount																$0.020				$0.057
Options - percentage															0.243	0.04%			0.290	0.05%			19.18%
Options - amount																$0.924				$0.892
Beard, Martin James	0.068	0.01%	0.123	0.02%																		Ceased Insider Dec 2017
Officer - Shares - Amount		$0.623		$1.907
Options - percentage	0.398	0.07%	0.346	0.06%
Options - amount		$3.672		$5.374
Daniels, Michael Alan											0.026	0.00%	0.026	0.00%	0.026	0.00%			0.026	0.00%			0.00%
Director - Shares - Amount												$0.226		$0.137		$0.099				$0.080
Options - percentage											0.172	0.03%	0.201	0.03%	0.245	0.04%			0.307	0.05%			25.46%
Options - amount												$1.491		$1.052		$0.930				$0.946
Dattels, Timothy	0.000	0.00%	0.000	0.00%	0.000	0.00%	0.000	0.00%	0.000	0.00%	0.000	0.00%	0.000	0.00%	0.000	0.00%						Ceased insider Sep 2023
Director - Shares - Amount		$0.000		$0.000		$0.000		$0.000		$0.000		$0.000		$0.000		$0.000
Options - percentage	0.135	0.03%	0.154	0.03%	0.173	0.03%	0.196	0.04%	0.232	0.04%	0.262	0.05%	0.289	0.05%	0.330	0.06%
Options - amount		$1.246		$2.390		$2.014		$1.324		$3.206		$2.267		$1.514		$1.254
Watsa, V. Prem	0.129	0.02%	0.129	0.02%	0.129	0.02%	0.129	0.02%	0.129	0.02%	0.129	0.02%	0.129	0.02%	0.129	0.02%						Watsa is head of	-100.00%
Director - Shares - Amount		$1.191		$2.005		$1.504		$0.873		$1.779		$1.116		$0.676		$0.490						Fairfax
Options - percentage	0.054	0.01%	0.075	0.01%	0.095	0.02%	0.120	0.02%	0.159	0.03%	0.191	0.03%	0.218	0.04%	0.259	0.04%						Ceased insider Feb 2024	-100.00%
Options - amount		$0.498		$1.159		$1.107		$0.809		$2.195		$1.651		$1.143		$0.985
Lynch, Richard John															0.000	0.00%			0.000	0.00%			#DIV/0!
Chairman- Shares - Amount																$0.000				$0.000
Options - percentage															0.282	0.05%			0.358	0.06%			27.05%
Options - amount																$1.072				$1.104
Fairfax Financial Holdings Limited	46.725	8.81%	48.659	9.07%	49.682	9.08%	44.662	8.06%	47.451	8.39%	47.451	8.23%	47.451	8.15%	47.451	8.05%						updated Dec 2022	-1.20%
10% holder _Watsa		$431.27		$756.16		$579.296		$302.363		$654.344		$410.448		$248.641		$180.312
Convertible Debentures		$464.88		$464.88		$500.000		$500.000		$500.000		$330.000										Debentures at 3.75%
Increase in O/S Shares	4.794	0.92%	8.689	1.64%	7.794	1.45%	10.261	1.87%	4.550	0.82%	8.402	1.49%	8.566	1.49%	4.969	0.85%			0.403	0.07%
due to SO		$49.426		$80.199		$121.119		$119.643		$30.804		$115.864		$74.096		$26.038				$1.531
Book Value		$63.000		$59.000		$53.000		$68.000		$3.000		$12.000		$3.000		$34.000				$34.000		Includes stock based
Insider Buying		$0.000		-$0.149		-$0.125		-$0.095		-$0.925		$0.000		$0.000		$0.000				-$0.155
Insider Selling		-$5.845		$30.869		$29.724		$48.344		$4.995		$9.063		$34.639		$4.187				$3.469
Net Insider Selling		-$5.845		$30.720		$29.599		$48.249		$4.070		$9.063		$34.639		$4.187				$3.314
% of Market Cap		-0.12%		0.37%		0.46%		1.29%		0.05%		0.18%		1.14%		0.19%				0.18%
RSU - restricted share Units
Directors	8		8		8		8		8		9		8		8				8
Women	2	25%	2	25%	2	25%	2	25%	3	38%	3	33%	2	25%	2	25%			2	25%
Minorities	1	13%	1	13%	1	13%	1	13%	1	13%	1	11%	1	13%	1	13%			0	0%
Institutions/Holdings	247	60.29%	531	63.48%	297	57.61%	290	49.96%	20	48.27%	20	45.58%	20	45.15%	20	43.96%			20	69.86%
Total Shares Held	315.104	59.40%	337.091	63.54%	309.405	56.53%	273.874	49.42%	264.504	46.77%	258.182	44.81%	260.602	44.76%	256.409	43.52%			412.270	69.97%
Increase/Decrease	2.565	0.82%	11.964	3.68%	-10.985	-3.43%	-8.097	-2.87%	-11.124	-4.04%	7.328	2.92%	3.483	1.35%	7.129	2.86%			64.542	18.56%
Starting No. of Shares	312.539	Nasdaq	325.127	Nasdaq	320.390	Nasdaq	281.971	Nasdaq	275.628	Nasdaq	250.855	Top 20 MS	257.119	Top 20 MS	249.280	Top 20 MS			347.728	Top 20 MS
Copyright © 2008 Website of SPBrunner. All rights reserved.
My stock