31 October 2017
Railroads
Canadian Rails
F.•,oceeta atuirsitne
Year End Dec 31 2016A 2017E 2018E 2119E
10 EPS 1.00 I.15A 1.17 -
20 EPS 1.11 I.33A 1.34
30 EPS 1.25 1.3IA 1.43 -
40 EPS 1.24 1.28 1.42 -
FY EPS (CADI 4.60 5.07 5.34 5.90
OLD FY EPS (CA01 - - -
% Change - - - -
NE Is) 17.7 20.6 19.5 17.7
DPS (CADI 1.49 1.64 1.81 1.99
Dividend yield MI 1.8 I.6 1.7 1.9
Revenue (CAOrn) 12,037.0 13.066.8 13,417.6 14,171.0
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CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0064325
CONFIDENTIAL SDNY_GM_00210509
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