Key Financials 2006-8  (Please Register for 2008 data)

All Financial Data in US Dollars.
Harvest Operations Corp. Data Growth
  2006 2007 2008 2007 2008
 Corporate Financials
  Key Financials
     Summary Income Statement (mln)
       Net Sales Revenues 1,220.7 3,835.9 5,174.5   +214.3% +34.9%  
       EBITDA 557.8 664.8 912.8   +19.2% +37.3%  
       EBITDA (normalised) 557.8 804.1 737.6   +44.2% -8.3%  
       EBIT 192.3 185.6 440.4   -3.5% +137.2%  
       EBIT (normalised) 192.3 324.9 265.1   +69.0% -18.4%  
       EBITDAX 557.8 664.8 912.8   +19.2% +37.3%  
       Pre-tax Profit 118.2 36.9 302.1   -68.8% +718.7%  
       Net Income 120.3 -24.2 199.9   n/a n/a  
       Net Income (Normalised) 120.3 64.8 83.3   -46.1% +28.6%  
 
     Balance Sheet Items (mln)
       Cash & short term securities 8.6 - -   - -  
       Gross Debt- Including Operating Leases -2,133.5 -2,212.2 -1,923.7   +3.7% -13.0%  
       Net (Debt) Cash - Including Operating Leases -2,125.0 -2,212.2 -1,923.7   +4.1% -13.0%  
       Shareholders' Funds 2,289.9 2,530.9 2,161.8   +10.5% -14.6%  
       Capital employed 4,423.5 4,743.1 4,085.5   +7.2% -13.9%  
 
     Cash Flow Items (mln)
       Operating Cash Flow 449.0 604.5 618.3   +34.6% +2.3%  
       Net Cash Flow before Financing -1,740.8 135.4 211.1   n/a +55.9%  
       Free Cash Flow -1,735.9 281.9 199.1   n/a -29.4%  
 
     Per Share Data
       EPS Reported 1.18 -0.17 1.31   n/a n/a  
       EPS (Normalised) 1.18 0.47 0.55   -60.46% +16.44%  
       Dividend per Share 4.00 4.15 3.39   +3.57% -18.18%  
       Sales per Share 12.02 27.71 33.86   +130.60% +22.19%  
       EBIT per Share 1.89 1.34 2.88   -29.15% +114.89%  
       EBITDA per Share 5.49 4.80 5.97   -12.54% +24.37%  
       Operating Cash Flow per Share 4.42 4.37 4.05   -1.20% -7.35%  
       Op. Cash Flow per Share bef. working cap.changes 4.66 4.48 4.11   -3.85% -8.44%  
       Book Value per Share 22.54 18.28 14.14   -18.89% -22.63%  
 
     Key Ratios (%)
       Operating Margin 21.7% 6.9% 9.7%   -68.3% +40.7%  
       Net Margin 9.9% -0.6% 3.9%   n/a n/a  
       Effective Tax Rate 36.1% 165.6% 33.8%   +358.7% -79.6%  
       ROACE (pre-tax & pre non-recurring) % 7.3% 7.1% 6.0%   -3.0% -15.5%  
       Return on Equity 8.5% -1.0% 8.5%   n/a n/a  
       Net Debt to Equity (Inc Operating Lease) 92.8% 87.4% 89.0%   -5.8% +1.8%  
 
     Valuation Measures
       Price Earnings Ratio (x) - Historic 19.0 -120.2 6.6   n/a n/a  
       EV/EBITDA (x) - Historic 8.7 8.0 3.6   -8.4% -55.1%  
       Price to Op. Cash Flow (x) - Historic 5.1 4.8 2.1   -5.4% -55.8%  
       Dividend Yield (%) - Historic 17.8% 19.7% 39.4%   +10.9% +99.6%  
       Dividend Yield (%) - Latest 17.8% 19.7% 39.4%   +10.9% +99.6%  
       Price to Book (x) - Historic 1.0 1.1 0.6   +15.2% -47.2%  
       Market Capitalisation - Historic (mln) 2,745.7 3,115.3 1,349.9   +13.5% -56.7%  
       Enterprise Value - Gross - Historic (mln) 4,879.3 5,327.5 3,273.6   +9.2% -38.6%  
       Enterprise Value - Net - Historic (mln) 4,870.7 5,327.5 3,273.6   +9.4% -38.6%