Summary
Canadian Pacific Railway Limited and Canadian Pacific Railway Company (collectively "Registrants") filed their annual report on Form 40-F for the fiscal year ended December 31, 2002. This filing serves as their annual report to the U.S. Securities and Exchange Commission, incorporating by reference their audited annual financial statements and Management's Discussion and Analysis (MD&A) from their 2002 Annual Report. Investors should note that this document primarily directs them to these other sections for detailed financial performance and strategic insights. The company reported that as of December 31, 2002, Canadian Pacific Limited had 158,506,686 common shares issued and outstanding, and Canadian Pacific Railway Company had 347,170,009 ordinary shares issued and outstanding. A key procedural aspect highlighted is the evaluation of disclosure controls and procedures, which management, including the CEO and CFO, concluded were effective as of the reporting period.
Key Highlights
- 1The filing is a Form 40-F, incorporating by reference the company's 2002 Annual Report, including audited financial statements and MD&A.
- 2Key financial information is contained within pages 1-58 of the referenced 2002 Annual Report, with specific attention drawn to Note 24 for GAAP reconciliation.
- 3As of December 31, 2002, Canadian Pacific Limited had 158,506,686 common shares outstanding.
- 4As of December 31, 2002, Canadian Pacific Railway Company had 347,170,009 ordinary shares outstanding.
- 5Management, including the CEO and CFO, concluded that the company's disclosure controls and procedures were effective following an evaluation within 90 days of filing.
- 6No significant changes were made to internal controls or other factors that could affect these controls.
- 7The filing confirms the company has met its reporting obligations for the preceding 12 months and has been subject to such requirements for the past 90 days.