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Print friendly pdf of Form 10-K Part II |
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Item 8 Notes to Consolidated Financial Statements
26. Supplementary Information
Operating revenue and related cost of goods sold and services for continuing operations comprised the following:
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| Year ended December 31, |
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2003 |
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2002 |
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2001 |
Operating revenue |
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| Products |
$ |
3,947 |
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$ |
3,605 |
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$ |
4,421 |
| Services |
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9,946 |
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9,513 |
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9,335 |
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$ |
13,893 |
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$ |
13,118 |
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$ |
13,756 |
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| Direct operating costs |
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| Goods sold |
$ |
2,656 |
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$ |
1,749 |
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$ |
2,540 |
| Services |
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8,122 |
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8,441 |
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7,766 |
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$ |
10,778 |
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$ |
10,190 |
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$ |
10,306 |
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Cash paid for interest and income taxes for continuing
operations was as follows:
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| Year ended December 31, |
2003 |
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2002 |
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2001 |
Interest |
$354 |
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$373 |
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$363 |
| Income taxes |
$150 |
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$251 |
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$298 |
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Accounts payable and accrued liabilities are summarized as follows:
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| As at December 31, |
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2003 |
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2002 |
Payroll, vacation and employee benefits |
$ |
773 |
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$ |
957 |
| Trade |
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800 |
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999 |
| Taxes, other than income |
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160 |
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245 |
| Accrued expenses |
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1,026 |
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1,266 |
| Other |
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489 |
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1,114 |
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$ |
3,248 |
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$ |
4,581 |
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Interest and other income includes the following :
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| Year ended December 31, |
2003 |
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2002 |
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2001 |
Interest income |
$ |
52 |
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$ |
69 |
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$ |
159 |
| Equity in net earnings of affiliated companies |
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75 |
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64 |
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62 |
| Gain on sale of Hanover Compressor note |
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32 |
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| Gain on sale of investments |
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2 |
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| Gain on sale of financial instruments |
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5 |
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6 |
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21 |
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$ |
166 |
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$ |
139 |
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$ |
242 |
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Allowance for doubful accounts is as follows:
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| Year ended December 31, |
2003 |
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2002 |
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Balance at beginning of year |
$ |
173 |
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$ |
145 |
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| Provision in year |
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55 |
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66 |
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| Written off in year |
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(65 |
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(47 |
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| Reclassified to Assets held for Sale |
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(36 |
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| Other1 |
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1 |
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9 |
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| Balance at end of year |
$ |
128 |
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$ |
173 |
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1 Includes business acquisitions and divestitures
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Go to Part II, Item 8, Report of Independent Auditors |
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