CALGARY Canadian Pacific Limited reported that in the first quarter of 2001 cash flow was $1,139 million. Net income for the company was $532 million, with earnings per common share up 82% to $1.69.
The company s operating income totaled $1,044 million, up 70% from $615 million last year. The company s spending on additions to properties and net of proceeds on asset sales was $295 million. Its spending on business acquisitions and investments was $358 million, which reflects the acquisition of the Kea Lani Resort in Hawaii. (4/24/01)