Potash Corporation of Saskatchewan (POT) 10-Q 2003 Q3 Quarterly report

Exhibit 11

POTASH CORPORATION OF SASKATCHEWAN INC.

COMPUTATION OF PER SHARE EARNINGS

FOR THE NINE MONTHS ENDED SEPTEMBER 30

		2003			2002
A	Net (loss) income as reported, Canadian GAAP ($ millions)	$	(152.8	)	$	39.2
B	Items adjusting net (loss) income ($ millions)	$	40.2		$	5.3
C	Net (loss) income, US GAAP ($ millions)	$	(112.6	)	$	44.5
D	Weighted average number of shares outstanding		52,106,000			52,006,000
E	Net additional shares issuable for diluted earnings per share calculation		—			256,000
	CANADIAN GAAP
	Basic (loss) earnings per share (A/D)	$	(2.93	)	$	0.75
	Diluted (loss) earnings per share (A/(D+E))	$	(2.93	)	$	0.75
	UNITED STATES GAAP
	Basic (loss) earnings per share (C/D)	$	(2.16	)	$	0.86
	Diluted (loss) earnings per share (C/(D+E))	$	(2.16	)	$	0.85

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