Business Context and Reporting Period
This Form 6-K filing by Canadian Pacific Railway Limited and Canadian Pacific Railway Company was submitted on March 15, 2011. The report serves to furnish the registrants' Annual Report for the year ended December 31, 2010, to the U.S. Securities and Exchange Commission. The filing incorporates the 2010 Annual Report by reference, with specific pages (3 through 108) being filed concurrently as part of the Annual Report on Form 40-F.
Key Financial Metrics
The filing text provided does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are contained within the attached 2010 Annual Report (Exhibit 99.1) and the updated earnings coverage ratios (Exhibit 99.2), which are referenced but not detailed in the cover document text.
Material Changes
The filing text does not explicitly detail material changes versus prior periods. It notes the inclusion of updated earnings coverage ratios for the twelve-month period ended December 31, 2010, but does not quantify the changes in the text provided.
Guidance, Outlook, and Risks
The provided text does not include management commentary, forward-looking guidance, specific risk factors, or contingencies. These disclosures are expected to be found within the full 2010 Annual Report referenced in Exhibit 99.1.
Investor Verification Checklist
- Verify the full financial statements and operational results in the 2010 Annual Report (Exhibit 99.1).
- Review the updated earnings coverage ratios for the twelve-month period ended December 31, 2010 (Exhibit 99.2).
- Confirm the incorporation of this report into Registration Statements Form S-8 (Nos. 333-140955, 333-127943, 333-13962) and Form F-9 (No. 333-159943).
- Check the Form 40-F filing for the detailed content of pages 3 through 108 of the Annual Report.