31 October 2017 Railroads Canadian Rails Financial Statements Figure 125: CNI Income Statement 094005 5554 Taal ra Irea revenati rovenaNy 0009 .4,- rep 01 00, 04 Pal Operatlftbevat Yol,,(~ na a35/154445 Libor arc atiree bentam Krai.mec sits, ar4 490511 tal Dernuton 04 zmorli:065 19.5nint cow. Caiialtin•nc unwriner Total Opentine 49enws 070565 stuni~lMtt ubor ate Mrs Neal 114. 5335 seams< mtietkil tiel Dernv104, MC JmCchtMi3n Ici.onne ea 4.5.3105..4 45a 0550515tio )93 049,46.r.ii i4.74.44811144 Own/5 incorrii 44e C447-ce inaten454 61.115 0515 lame Anal lame 004, .9 5 4 %tarn expense Total otlattincanie ~Om Inccene Eatme ~me taa rate 1459 [axes Kai loters (459~ li t•Jortinlfyllinn mat born Intlerwid) r°Y°‘..iiefr01411111%.) 1305519114.511554) Cirtawairi Mama Ceirled 05 1356:41441 YOYChrtit(etrtaa17/ Ara 1744 1.396534.55% Avg. Ctlatt Sh:fac)i.litånCtry1 Ila 9351 14355 1L505 14326 3375 1111 3316 3.10$ 12.511 113117 1/11 102% 11.3% 15.2% 3.9% (4.7%) 81% 116% 7116 28% 8.7% 2.1% 86% 911 624 674 75 111 Ill 114 105 205 754 711 835 71% /16.511 88% t0% 07% 101% 112% 20% 51% 6.1% 29% 5.6% 1926 10375 11.134 12.611 12,037 3206 3.111 3.211 3.311 1100 11411 14.111 *9% 66% 14. Ts 39% 5 611 83% 171% 69% 21% 16% 2M 56% 1.912 1182 2.111 2.« 2.119 590 527 5.25 591 2.115 U90 1.34 1.248 1251 1.553 1.729 1392 410 432 424 430 1.726 1.753 1349 1.514 1319 3.846 1.55 4051 342 329 112 329 1,312 1,187 1.411 924 KM 1.050 1.138 1.125 323 326 316 328 1.293 1.355 1331 249 275 329 373 375 101 103 107 106 417 405 425 11.9 7.15 35 »4 163 ID 07 78 99 421 35 376 6,111 6102 7.510 7345 6125 1.901 ISO 1.712 1386 735 73213 7.187 48% 75% 12.1% 02%4 184%1 89x 114% 94% 15% 9.8% 23% 45% 5.7% 2011% 1111% 10 1% 176% 18.1% 131% 14)14 174% 170% 17.1% 161% 114% 118% 13.2% 0M 13.2% 13.