Financial highlights

(in thousands of $)	2008	2007⁽¹⁾	2006⁽¹⁾	2005⁽¹⁾	2004⁽¹⁾
Revenues	865,370	640,518	589,714	545,580	513,286
EBITDA⁽²⁾	289,578	206,694	189,818	170,882	153,340
Earnings from continuing operations before income taxes	229,301	194,912	173,908	157,736	137,873
Net earnings from continuing operations before the impact of future income tax rate changes⁽²⁾⁽³⁾	150,462	126,624	113,900	103,466	76,633
Net earnings before the impact of future income tax rate changes⁽²⁾⁽³⁾	148,751	127,125	114,716	107,595	74,184
Cash flow from continuing operations⁽²⁾	205,342	151,999	143,741	129,543	109,179
Long-term debt	812,074	-	-	-	-
Shareholders’ equity	1,346,493	1,054,726	959,533	922,389	865,513
Total assets	2,716,607	1,527,054	1,400,360	1,378,375	1,319,518
PER-SHARE DATA (in $)
Net earnings from continuing operations before the impact of future income tax rate changes⁽²⁾⁽³⁾	2.67	2.40	2.12	1.85	1.38
Net earnings before the impact of the future income tax rate changes⁽²⁾⁽³⁾	2.64	2.41	2.13	1.93	1.38
Cash flow from continuing operations	3.65	2.88	2.67	2.32	1.96
Dividend	0.50	0.40	0.30	0.20	0.15
Book value⁽⁴⁾	24.04	20.06	18.12	16.78	15.45
Average number of shares outstanding (in thousands)	56,257	52,763	53,800	55,864	55,638

(1) Comparative figures have been adjusted following the reclassification of TATV’s results of operations into Discontinued operations (see “Discontinued Operations“section of the Management’s Discussion and Analysis).
(2) See definition in the “Supplementary Measures” section of the Management’s Discussion and Analysis.
(3) See the “Income taxes” section of the Management’s Discussion and Analysis.
(4) Based on the number of shares outstanding as at August 31.