2006 ANNUAL REPORT
CHAIR’S LETTER
TO SHAREHOLDERS
CEO’S LETTER
TO SHAREHOLDERS
STATEMENT OF CORPORATE
GOVERNANCE PRACTICES
2006 MANAGEMENT’S
DISCUSSION AND ANALYSIS
FINANCIALS
Management Statement
Auditors’ Report to Shareholders
Consolidated Balance Sheets
Consolidated Statements of Income
Consolidated Statements of Changes in Shareholders’ Equity
Consolidated Statements of Cash Flows
Notes to Consolidated Financial Statements
Three-Year Review
CORPORATE INFORMATION

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
Years ended December 31, 2006 and 2005 (in thousands of dollars, except per share amounts)

20. EARNINGS PER SHARE:
2006
2005
Net income
$             131,524
$         103,353
Basic weighted average number of common shares outstanding
68,329,758
68,025,907
Basic earnings per share
$                   1.92
$               1.52
Diluted weighted average number of common shares outstanding
68,998,718
68,649,533
Diluted earnings per share
$                   1.91
$               1.51