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Notes


1. Description of Business
2. Significant Accounting Policies
3. Changes in Accounting Policies
4. Accounts Receivable
5. Inventories
6. Derivative Financial Instruments
7. Property, Plant and Equipment
8. Investments
9. Other Assets
10. Intangible Assets and Goodwill
11. Short-Term Debt
12. Accounts Payable and Accrued Charges
13. Long-Term Debt
14. Commitments
15. Pension and Other Post-Retirement Benefits
16. Environmental Costs and Asset Retirement Obligations
17. Share Capital
18. Contributed Surplus
19. Segment Information
20. Cost of Goods Sold
21. Selling and Administrative
22. Provincial Mining and Other Taxes
23. Other Income
24. Interest Expense
25. Income Taxes
26. Net Income per Share
27. Stock-Based Compensation
28. Financial Instruments and Risk Management
29. Contingencies
30. Guarantees
31. Related Party Transactions
32. Comparative Figures
33. Reconciliation of Canadian and United States Generally Accepted Accounting Principles
34. Subsequent Events
 
(in millions of US dollars except share and per-share amounts)

24. Interest Expense

  2007  2006  2005 
Interest expense on      
Short-term debt
 $ 8.7  $ 34.5  $ 7.0 
Long-term debt
 111.6  97.6  94.1 
Interest capitalized to property, plant and equipment (21.8) (19.1) (5.7)
Interest income (29.8) (27.4) (13.1)
  $ 68.7  $ 85.6  $ 82.3