Financial Position

(In millions of Canadian dollars)

2007 2008 2009 2010 2011
Net assets employed(i) 2,267 2,348 2,416 1,966 1,907
Shareholders' equity 1,149 1,143 1,189 924 865
Net borrowings 855 1,023 1,016 902 984
Cash flow from operations 153 143 218 258 300
 

(i) Total assets, less cash, future tax assets and non-interest-bearing liabilities.