<ARTICLE> 5
<LEGEND>
This is where the Legend will appear.
</LEGEND>
<RESTATED>
<CIK> 0000743368
<NAME> BOWATER INCORPORATED
<MULTIPLIER> 1,000
       
                               
<PERIOD-TYPE>                    12-MOS
<FISCAL-YEAR-END>              DEC-31-1996
<PERIOD-START>                 JAN-01-1996
<PERIOD-END>                   DEC-31-1996
<CASH>                             85,259
<SECURITIES>                      345,398
<RECEIVABLES>                     185,724
<ALLOWANCES>                            0
<INVENTORY>                       123,745
<CURRENT-ASSETS>                  753,755
<PP&E>                          2,994,206
<DEPRECIATION>                  1,357,501
<TOTAL-ASSETS>                  2,865,544
<CURRENT-LIABILITIES>             253,881
<BONDS>                           759,029
<COMMON>                           43,994
<PREFERRED-MANDATORY>              24,746
<PREFERRED>                        25,465
<OTHER-SE>                      1,101,674
<TOTAL-LIABILITY-AND-EQUITY>    2,865,544
<SALES>                         1,718,269
<TOTAL-REVENUES>                1,718,269
<CGS>                           1,149,593
<TOTAL-COSTS>                   1,323,997
<OTHER-EXPENSES>                 (123,353)
<LOSS-PROVISION>                        0
<INTEREST-EXPENSE>                 71,347
<INCOME-PRETAX>                   353,188
<INCOME-TAX>                      124,393
<INCOME-CONTINUING>               204,076
<DISCONTINUED>                          0
<EXTRAORDINARY>                    (3,922)
<CHANGES>                               0
<NET-INCOME>                      200,154
<EPS-PRIMARY>                  $     5.07<F1>
<EPS-DILUTED>                  $     4.64
        
<FN>
<F1> EPS-BASIC
</FN>