ps, Westshore Terminals Income Fund Statements of Distributable Cash For the years ended December 31, 2002 and 2001 (expressed in thousands of dollars, except unit amounts) 2002 2001 $ $ Net earnings for the year 38,337 33,137 Add (subtract): Equity in earnings of Westshore ‘Terminals Ltd. (831) (2,048) Amorttization of purchase price discrepancy 5,848 18,352 Distributable cash 43,354 49,441 Distributable cash per trust unit 0.616 0.702 Weighted average number of trust units outstanding 70,381,111 70,381,111 31