Corporate Responsibility Report 2013

Financial Highlights

2013 Financial Highlights

Financial Highlights 
(millions of dollars except shares and per share amounts)

(1) Adjusted EBITDA is earnings before finance expense, income tax expense, depreciation and amortization, impairments, foreign exchange gains or losses, and gains on disposals.

(2)Adjusted EBITDA, normalized earnings per share and funds from operations are non-GAAP (Generally Accepted Accounting Principles) financial measures and do not have standardized meanings prescribed by GAAP, and are therefore unlikely to be comparable to similar measures used by other enterprises. See "Non-GAAP Financial Measures" in the company’s Management’s Discussion and Analysis for the year ended December 31, 2013, which is available on the company’s website at www.capitalpower.com and on SEDAR at www.sedar.com.

  2012 2013
Revenues $  1,296 $  1,393
Adjusted EBITDA(1,2) $  441 $  509
Net Income $  90 $  228
Net Income attributable to shareholders of the company $  62 $  175
Basic earnings per share $  0.84 $  2.13
Diluted earnings per share $  0.84 $  2.08
Normalized earnings per share (2) $  1.29 $  1.69
Dividends declared per common share $  1.26 $  1.26
Net cash flows from operating activities $  242 $  497
Funds from operations (2) $  381 $  419
Purchase of property, plant and equipment and other assets $  598 $  943

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