Westjet 1999 Annual Report Download - page 25

6. Share capital cont:
(b) Issued:
1999 1998
Number Amount Number Amount
Common shares:
Balance, beginning of year 23,337,530 $ 39,523 22,665,398 $ 37,513
Initial Public Offering 2,750,000 27,500 - -
Exercise of options 744,772 2,138 - -
Employee share purchase 370,248 1,742 554,184 2,061
Conversion of performance shares 103,502 3 119,990 -
Cancellation of shares (2,053) (5) (2,042) (3)
Share issuance costs - (2,356) - (87)
Tax benefit of issue costs - 1,059 - 39
27,303,999 69,604 23,337,530 39,523
Less: Due from shareholder - (575) - -
Balance, end of year 27,303,999 69,029 23,337,530 39,523
Performance shares:
Balance, beginning of year 437,146 13 542,500 1
Issued - - 38,000 12
Converted to common shares (103,502) (3) (119,990) -
Surrendered - - (23,364) -
Balance, end of year 333,644 10 437,146 13
$ 69,039 $ 39,536
Calgary
Visitors and staff at the annual Calgary Stampede
consume two tonnes of bacon and sausage, 5000
bottles of pancake syrup and 85,000 containers of
juice. And that’s just breakfast, pardner.
Saskatoon
Saskatoon gets more sunshine
than any other city in Canada.
Winnipeg
No need to dream of a white Christmas.
Winnipeg is one of four major Canadian cities to
guarantee snow for Santa’s annual run.
Thunder Bay
Thunder Bay sits on the
shores of Lake Superior, the world’s
largest freshwater Lake.