Year Ended December 31, 2011 Teck Non-Guarantor Consolidating  Consolidated  As Reported in IFRS (Cdn$ in millions) Teck Metals Subsidiaries Adjustments Totals Condensed Consolidating Statement of Income Information  Revenues  $  142  $  2,002  $  8,821  $  549  $  11,514 Cost of sales  (108)  (1,793)  (4,752)  16  (6,637) Gross profit 34 209 4,069 565 4,877 Other operating expenses General and administration  (90)  (15)  (19)  (1)  (125) Exploration  (18)  (1)  (85)  (1)  (105) Research and development  (4)  (13)  –  –  (17) Other operating income (expense)  18  13  (104)  (101)  (174) Profit (loss) from operations  (60)  193  3,861  462  4,456 Finance income  117  136  56  (196)  113 Finance expense  (578)  (172)  (77)  232  (595) Non-operating income (expense)  (169)  211  (41)  196  197 Share of profit (losses) of associates  3,538  2,013  388  (5,944)  (5) Profit before tax  2,848  2,381  4,187  (5,250)  4,166 Provision for income and resource taxes  (180)  (513)  (541)  (164)  (1,398) Profit for the year  $  2,668  $  1,868  $  3,646  $  (5,414)  $  2,768 Profit attributable to: Shareholders of the company  $  2,668  $  1,868  $  3,546  $  (5,414)  $  2,668 Non-controlling interests  –  –  100  –  100 Profit for the year  $  2,668  $  1,868  $  3,646  $  (5,414)  $  2,768 Generations 137