Content
Selected Annual Information
(millions of Canadian dollars, except per share amounts) |
2008 | 2007 | 2006 | ||||
| Total Revenues | 16,131.3 | 11,919.4 | 10,644.5 | ||||
| Common Share Dividends | 489.3 | 452.3 | 403.1 | ||||
| Total Assets | 24,701.4 | 19,907.4 | 18,379.3 | ||||
| Total Long-Term Liabilities | 13,976.1 | 11,117.4 | 10,544.8 | ||||
| Earnings per Common Share | 3.67 | 1.97 | 1.81 | ||||
| Diluted Earnings per Common Share | 3.64 | 1.95 | 1.79 | ||||
| Dividends Per Common Share | 1.32 | 1.23 | 1.15 |
Total assets and long-term liabilities increased primarily because of investments in organic growth projects.
NON-GAAP RECONCILIATIONS
(millions of Canadian dollars) |
2008 | 2007 | 2006 | ||||||
| GAAP earnings as reported | 1,320.8 | 700.2 | 615.4 | ||||||
| Significant after-tax non-operating factors and variances: | |||||||||
| Liquids Pipelines | |||||||||
| Enbridge System – impact of tax changes | – | (1.2 | ) | – | |||||
| Feeder Pipelines and Other – asset impairment loss | 4.1 | – | – | ||||||
| Gas Pipelines | |||||||||
| Alliance Pipeline US – shipper claim settlement | (2.8 | ) | – | – | |||||
| Offshore – property insurance recovery from 2005 hurricanes, net of repair costs | – | (5.3 | ) | – | |||||
| Sponsored Investments | |||||||||
| EEP – dilution gain on Class A unit issuance | (4.5 | ) | (11.8 | ) | – | ||||
| EEP – unrealized derivative fair value (gains)/losses | (7.2 | ) | 6.3 | (6.5 | ) | ||||
| EEP – gain on sale of Kansas Pipeline Company | – | (3.0 | ) | – | |||||
| EEP – impact of 2008 hurricanes and project write-offs | 2.2 | – | – | ||||||
| EIF – Alliance Canada shipper claim settlement | (1.3 | ) | – | – | |||||
| EIF – impact of tax changes | – | (1.9 | ) | (6.0 | ) | ||||
| Gas Distribution and Services | |||||||||
| EGD – colder/(warmer) than normal weather | (23.1 | ) | (14.2 | ) | 36.9 | ||||
| EGD – provision for one-time charges | 2.8 | – | – | ||||||
| EGD/Noverco – impact of tax changes | – | (26.8 | ) | (28.9 | ) | ||||
| Noverco – dilution gains | – | – | (4.0 | ) | |||||
| Energy Services – unrealized derivative fair value (gains)/losses | (22.6 | ) | 2.4 | – | |||||
| Energy Services – SemGroup and Lehman bankruptcies | 5.7 | – | – | ||||||
| Aux Sable – unrealized derivative fair value (gains)/losses | (54.5 | ) | 28.1 | – | |||||
| Other – gain on sale of investment in Inuvik Gas | (4.6 | ) | – | – | |||||
| International | |||||||||
| CLH – gain on sale of investment | (556.1 | ) | – | – | |||||
| CLH – gain on land sale | – | (5.2 | ) | – | |||||
| Corporate | |||||||||
| Gain on sale of corporate aircraft | (4.9 | ) | – | – | |||||
| U.S. pipeline tax decision | 32.2 | – | – | ||||||
| Unrealized derivative fair value gains | (26.2 | ) | – | – | |||||
| Asset impairment loss | 17.3 | – | – | ||||||
| Impact of tax changes | – | (31.1 | ) | (14.0 | ) | ||||
| Adjusted earnings | 677.3 | 636.5 | 592.9 | ||||||