| For the years ended December 30, 2006 and December 31, 2005 ($ millions except where otherwise indicated) |
2006 (52 weeks) |
2005 (52 weeks) |
||
|---|---|---|---|---|
Sales(note 2 PDF) |
$ | 28,640 | $ | 27,627 |
| Operating Expenses | ||||
| Cost of sales, selling and administrative expenses (note 2 PDF) | 26,917 | 25,542 | ||
| Depreciation and amortization | 590 | 558 | ||
| Goodwill impairment (note 3 PDF) | 800 | - | ||
| Restructuring and other charges (note 4 PDF) | 44 | 86 | ||
| Goods and Services Tax and provincial sales taxes (note 5 PDF) | - | 40 | ||
| 28,351 | 26,226 | |||
Operating Income |
289 | 1,401 | ||
| Interest Expense (note 7 PDF) | 259 | 252 | ||
Earnings before Income Taxes |
30 | 1,149 | ||
| Income Taxes (note 8 PDF) | 248 | 400 | ||
| Net (Loss) Earnings before Minority Interest | (218) | 749 | ||
| Minority Interest | 1 | 3 | ||
Net (Loss) Earnings |
$ | (219) | $ | 746 |
Net (Loss) Earnings per Common Share ($) (note 9 PDF) |
||||
| Basic | $ | (.80) | $ | 2.72 |
| Diluted | $ | (.80) | $ | 2.71 |
See accompanying notes to the consolidated financial statements. |
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