In the future, distributions will be paid half yearly instead of quarterly and primarily out of cash available from core earnings after ongoing capital maintenance needs have been met. Income derived from asset sales and capital hedges will not be included in core earnings and will be used to further strengthen the balance sheet.
Forecast 2009 cents per unit Distributable earnings (before asset sales)1 9.5-10.0 Core earnings2 8.0-8.5 Cash distributions 6.0-7.0
MDT Price at posting:
7.6¢ Sentiment: Hold Disclosure: Held