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For the third quarter of 2003, consolidated net income totaled $143 million, versus $287 million in the same quarter of 2002. This $144-million decrease is due to a significant reduction in the volume of short-term electricity sales on external markets during the third quarter to meet increased demand on Québec’s internal market since the beginning of the year.
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Contents
Message from the Chairman of the Board
and the President and Chief Executive Officer
Consolidated Statement of Operations
Consolidated Balance Sheet
Consolidated Statement of Cash Flows
Consolidated Financial Highlights
Quarter Highlights