TABLE A8-5: FINANCIAL RESULTS OF MAJOR PORTS, 1999 - 2003

(Millions of dollars)
	1999 1	2000 2	2001 3	2002 4	2003 5
Revenue	238.3	256.2	266.23	275.43	299.81
Expenses	209.2	215.5	214.74	221.4	237.26
Operating Income	29.1	40.7	40.7	59.5	62.56
Ratios (per cent) 6	0.88	0.84	0.81	0.80	0.79
Net Income	35.7	34.2	54.602	50.939	53.51

1 Includes those ports with CPA status as of December 31, 1999. Figures have been updated to reflect changes in accounting policies as was reported in the 2000 audited financial statements.

2 Includes those ports with CPA status as of December 31, 2000.

3 Includes those ports with CPA status as of December 31, 2001; edits were made based on corrections to 2001 financial statements.

4 Includes those ports with CPA status as of December 31, 2002.

5 Includes those ports with CPA status as of December 31, 2003

6 Ratios: expenses/revenues.

Source: Port Financial Statements, Port Authorities and Port Property - AHPA, Transport Canada