XML 21 R7.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Interim Statements of Cash Flows (Unaudited) - CAD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Operating activities        
Net earnings $ 324 $ 765 $ 677 $ 1,121
Adjustments to reconcile net earnings to net cash from operating activities:        
Depreciation - property, plant and equipment 329 297 650 595
Amortization - intangible assets 34 34 66 64
Amortization - other 3 7 7 13
Deferred income tax expense 60 88 119 111
Equity component, allowance for funds used during construction (Note 12) (21) (19) (35) (37)
Gain on disposition (Note 11) 0 (583) 0 (583)
Other 23 40 70 74
Change in long-term regulatory assets and liabilities 0 (36) (58) (86)
Change in working capital (Note 14) (27) 38 (181) (100)
Cash from operating activities 725 631 1,315 1,172
Investing activities        
Capital expenditures - property, plant and equipment (725) (814) (1,836) (1,526)
Capital expenditures - intangible assets (50) (29) (101) (57)
Contributions in aid of construction 16 23 33 49
Proceeds on disposition (Note 11) 0 995 0 995
Other (49) (76) (93) (94)
Cash (used in) from investing activities (808) 99 (1,997) (633)
Financing activities        
Proceeds from long-term debt, net of issuance costs 1,685 320 2,044 392
Repayments of long-term debt, net of extinguishment costs, and finance leases (585) (922) (602) (939)
Borrowings under committed credit facilities 1,251 2,221 3,007 3,684
Repayments under committed credit facilities (1,491) (2,545) (2,754) (3,963)
Net change in short-term borrowings (394) 144 (526) 261
Issue of common shares, net of costs and dividends reinvested 10 164 44 196
Dividends        
Common shares, net of dividends reinvested (211) (118) (424) (236)
Preference shares (17) (17) (33) (34)
Subsidiary dividends paid to non-controlling interests (9) (19) (34) (51)
Other (38) (4) (35) 8
Cash from (used in) financing activities 201 (776) 687 (682)
Effect of exchange rate changes on cash and cash equivalents (10) (5) 5 (13)
Change in cash and cash equivalents 108 (51) 10 (156)
Cash and change in cash associated with assets held for sale 0 9 0 15
Cash and cash equivalents, beginning of period 272 233 370 332
Cash and cash equivalents, end of period $ 380 $ 191 $ 380 $ 191