You are HERE: Home / Performance / Corporate Targets & Performance / Overview Corporate Targets & Performance Setting and delivering on targets Our 2013 results met or exceeded our operational excellence and financial targets. Operational excellence Plant availability average Sustaining capital expenditures Maintenance and operating expenses Plant availability average 2013 2013 2014 12013 target and actual results include New England plants, which were sold in November 2013. Target Actual Results Target Operational excellence Plant availability average1 93% or greater 93% 95% or greater Capital expenditures for plant maintenance, Genesee mine extension and other (sustaining capital expenditures) $105 million or lower $79 million $85 million Plant operating and maintenance expenses $225 million to $245 million $192 million $165 million to $185 million Sustaining capital expenditures for plant maintenance, Genesee mine extension and other 2013 2013 2014 12013 target and actual results include New England plants, which were sold in November 2013. Target Actual Results Target Operational excellence Plant availability average1 93% or greater 93% 95% or greater Capital expenditures for plant maintenance, Genesee mine extension and other (sustaining capital expenditures) $105 million or lower $79 million $85 million Plant operating and maintenance expenses $225 million to $245 million $192 million $165 million to $185 million Maintenance and operating expenses 2013 2013 2014 12013 target and actual results include New England plants, which were sold in November 2013. Target Actual Results Target Operational excellence Plant availability average1 93% or greater 93% 95% or greater Capital expenditures for plant maintenance, Genesee mine extension and other (sustaining capital expenditures) $105 million or lower $79 million $85 million Plant operating and maintenance expenses $225 million to $245 million $192 million $165 million to $185 million Financial stability and strength Normalized earnings per share Funds from operations Cash flow per share Normalized earnings per share 2013 2013 2014 Target Actual Results Target Financial stability and strength Normalized earnings per share $1.20 to $1.40 $1.69 n/a Funds from operations $385 million to $415 million $419 million $360 million to $400 million Cash flow per share $3.80 to $4.20 $4.24 n/a Funds from operations 2013 2013 2014 Target Actual Results Target Financial stability and strength Normalized earnings per share $1.20 to $1.40 $1.69 n/a Funds from operations $385 million to $415 million $419 million $360 million to $400 million Cash flow per share $3.80 to $4.20 $4.24 n/a Cash flow per share 2013 2013 2014 Target Actual Results Target Financial stability and strength Normalized earnings per share $1.20 to $1.40 $1.69 n/a Funds from operations $385 million to $415 million $419 million $360 million to $400 million Cash flow per share $3.80 to $4.20 $4.24 n/a 2013 2013 2014 Target Actual Results Target Enhancing shareholder value Port Dover & Nanticoke wind project Continue on budget of $340 million and on time with commercial operation date in the fourth quarter of 2013 Achieved commercial operation date on November 7, 2013 with final capital costs forecast to be $300 million n/a K2 wind Environmental approvals received in 2013 Environmental approvals were received in July 2013 Commence construction and complete project financing Shepard Energy Centre Continue on budget of $860 million On track with revised budget of $821 million Complete construction with commercial operation date in early 2015 Genesee 4 and 5 n/a n/a Continue on track for first quarter 2015 permitting approval