But if you then pay out this investment income to yourself personally, the corporation receives a tax refund and the personal tax you pay on receipt of the dividend is generally less than the amount of the refund, meaning you come out
ahead on a net basis.
Cenovus reported fourth - quarter
net income of $ 620 million or 50 cents per share
on Thursday, well
ahead of $ 91 million, or 11 cents per share, in the year - earlier period, thanks to better refinery profits, stronger oil prices and production that almost doubled after it bought out its oilsands partner, Houston -
based ConocoPhillips, last year.
Looking
ahead to unit growth, new restaurant plans that Drew outlined plus 4 additional Synergy restaurants means that we expect a
net new restaurant increase of approximately 100 to 110 restaurants, which is between 5 % and 5.5 % unit growth
on our current
base.