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Executive Summary
	At A Glance
About Syncrude
Letter from Syncrude's Leaders
Key Sustainability Challenges
Finance & Economy
	Letter from Syncrude's Chief Financial Officer
	2003 Results
	Financial Performance
	Joint Venture Operating Costs
	Production and Unit Operating Costs
	Pro-forma Operating Cash Flow and Netbacks
	Pro-forma Netbacks per Barrel
	Capital
	2004 Outlook
	Economic Contribution
	Future Growth Potential
Social
	Stakeholder Consultation & Engagement
	Community Investment
	Aboriginal Relations
	People
Environment, Health & Safety Policy
	Health & Safety
		Health & Safety Performance
	Environmental Performance
		Regulatory Compliance
		Air
		Water
		Land
		Waste Management and Recycling
Performance Summary
Corporate Governance
	Governance and Committees
	Corporate Information