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RELATED PARTY TRANSACTIONS (Tables)
6 Months Ended
Jun. 30, 2015
RELATED PARTY TRANSACTIONS  
Summary of capital and operating costs charged to pipeline systems by related party

 

 

 

 

Three months ended

 

Six months ended

 

(unaudited)

 

June 30,

 

June 30,

 

(millions of dollars)

 

2015

 

2014

 

2015

 

2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital and operating costs charged by TransCanada’s subsidiaries to:

 

 

 

 

 

 

 

 

 

 

 

 

 

Great Lakes (a) 

 

 

 

 

 

14 

 

 

15 

 

 

Northern Border (a)

 

 

 

10 

 

 

16 

 

 

17 

 

 

GTN (a) 

 

 

 

 

 

14 

 

 

13 

 

 

Bison (a)

 

 

 

 

 

 

 

 

 

North Baja

 

 

 

 

 

 

 

 

 

Tuscarora

 

 

 

 

 

 

 

 

 

Impact on the Partnership’s net income:

 

 

 

 

 

 

 

 

 

 

 

 

 

Great Lakes

 

 

 

 

 

 

 

 

 

Northern Border

 

 

 

 

 

 

 

 

 

GTN (b)

 

 

 

 

 

11 

 

 

 

 

Bison(c)

 

 

 

 

 

 

 

 

 

North Baja

 

 

 

 

 

 

 

 

 

Tuscarora

 

 

 

 

 

 

 

 

 

 

(a)

Represents 100 percent of the costs.

(b)

In April 2015, the Partnership acquired the remaining 30 percent interest in GTN. See discussion in Note 6.

(c)

In October 2014, the Partnership acquired the remaining 30 percent interest in Bison.

Summary of amount payable to related party for costs charged

(unaudited)

 

 

 

 

 

(millions of dollars)

 

June 30, 2015

 

December 31, 2014

 

 

 

 

 

 

 

Amount payable to TransCanada’s subsidiaries for costs charged in the period by:

 

 

 

 

 

GTN

 

 

 

10

 

Northern Border (a)

 

 

 

10

 

Bison

 

 

 

2

 

Great Lakes (a)

 

 

 

9

 

North Baja

 

 

 

1

 

Tuscarora

 

 

 

1

 

 

(a)

Represents 100 percent of the costs.