EFTA01371112.pdf

31 October 2017 Railroads Canadian Rails F.A0C.FiC IS O114./ r 4 1toe Year End Dec 31 2016A 2017E 2018E 2119E 10 EN 2.50 2.50A 2.82 - 20 EPS 2.04 2.77A 3.08 30 EPS 2.73 2.90A 3.42 - 40 EN 3.04 3.29 3.79 - FY EPS (CAD) 10.29 11.44 13.10 14.95 P/E 06 17.5 19.6 17.1 15.0 DPS (CADI 0.00 0.00 0.00 0.00 Dividend Yield BO 0.0 0.0 0.0 0.0 Revenue ICAOn9 6.232.0 6.543.1 6231.3 7.265.1. Sono Drums* &St *mum, company0es Deutsche Bank Securities Inc Page 39 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0064309 CONFIDENTIAL SDNY_GM_00210493 EFTA01371112