Norbord, Inc. announced audited consolidated earnings results for the fourth quarter and year ended December 31, 2011. For the quarter, the company accrued $9 million of EBITDA compared to $12 million in the quarter of 2011 and $14 million in the fourth quarter of 2010. For the year, the company reported sales of $965 million against $962 million a year ago. Earnings before interest, income tax, depreciation and provision for non-core operation were $45 million against $107 million a year ago. Earnings before income tax and depreciation were $12 million against $65 million a year ago. Loss was $11 million or $0.25 per diluted share against earnings of $13 million or $0.29 per diluted share a year ago. Net cash used in operating activities was $13 million against net cash provided by operating activities of $127 million a year ago. Investment in property, plant and equipment was $23 million against $14 million a year ago. The company invested in $25 million in capex. The company's 2012 capex program is planned at $25 million.