- Talisman 2010 Highlights
- About Our Company
- Financial and Operating Highlights
- President's Message
- Where We Operate
- Looking to 2011
- Management's Discussion and Analysis
- 2010 Performance
- 2010 Net Income Variance
- Continuing Operations Review
- Acquisitions
- Discontinued Operations
- Reserves Replacement
- Liquidity and Capital Resources
- Sensitivities
- Commitments and Off-Balance Sheet Arrangements
- Risk Management
- Summary of Quarterly Results
- Outlook for 2011
- Internal Control Over Financial Reporting and Disclosure Controls and Procedures
- Litigation
- Application of Critical Accounting Policies and Use of Estimates
- Changes in Reporting Conventions
- New US Accounting Pronouncements
- New Regulatory Developments
- International Financial Reporting Standards (IFRS)
- Risk Factors
- Advisories
- Abbreviations and Definitions
- Consolidated Financial Statements
- Report of Management
- Management Report on Internal Control Over Financial Reporting
- Independent Auditors' Report on Internal Controls Under Standards of the Public Company Accounting Oversight Board (United States)
- Independent Auditors' Report of Registered Public Accounting Firm
- Consolidated Balance Sheets
- Consolidated Statements of Income
- Consolidated Statements of Comprehensive Income (Loss)
- Consolidated Statements of Changes in Shareholders' Equity
- Consolidated Statements of Cash Flows
- Notes to the Consolidated Financial Statements
- Supplementary Oil and Gas Information
- Results of Operations from Oil and Gas Producing Activities
- Capitalized Costs Relating to Oil and Gas Activities
- Costs Incurred in Oil and Gas Activities
- Standardized Measure of Discounted Future Net Cash Flows from Proved Reserves
- Discounted Future Net Cash Flows from Proved Reserves
- Principal Sources of Changes in Discounted Cash Flows
- Continuity of Net Proved Reserves 1
- Additional Information
- Detailed Property Reviews
- Governance
- Investor Information
- Corporate Information
- Advisories
- Market Information
| (millions of C$ unless otherwise stated) | 2010 | 2009 | 2008 |
|---|---|---|---|
| Cash flow 1 | 3,058 | 3,961 | 6,163 |
| Net income | 648 | 437 | 3,519 |
| Earnings from continuing operations 1,2 | 347 | 631 | 2,087 |
| Per common share | |||
| Cash flow ($) 1 | 3.00 | 3.90 | 6.06 |
| Net income ($) | 0.64 | 0.43 | 3.46 |
| Earnings from continuing operations ($) 1,2 | 0.34 | 0.62 | 2.05 |
| Oil and liquids production (mbbls/d) 3 | 189 | 211 | 224 |
| Gas production (mmcf/d) 3 | 1,367 | 1,283 | 1,247 |
| Total production (mboe/d) 3,4 | 417 | 425 | 432 |
| Discontinued operations (mboe/d) | 27 | 60 | 77 |
| Production from continuing operations (mboe/d) 2,3,4 | 390 | 365 | 355 |
| Average sales price ($/boe) | 55.37 | 49.40 | 76.03 |
| Net debt 1 | 2,537 | 2,126 | 3,951 |
All data, except earnings and production from continuing operations, include results of continuing and discontinued operations.
- Non-GAAP measure. See advisories.
- 2008 and 2009 restated for operations classified as discontinued in 2010.
- Production numbers are before royalties unless otherwise indicated.
- Six mcf of natural gas equals one boe.