XML 79 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF EARNINGS - CAD
CAD in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating revenues      
Commodity sales CAD 26,286 CAD 22,816 CAD 23,842
Gas distribution sales 4,215 2,486 3,096
Transportation and other services 13,877 9,258 6,856
Total operating revenues 44,378 34,560 33,794
Operating expenses      
Commodity costs 26,065 22,409 22,949
Gas distribution costs 2,572 1,596 2,292
Operating and administrative 6,442 4,358 4,131
Depreciation and amortization 3,163 2,240 2,024
Impairment of long-lived assets (Note 7 and Note 10) 4,463 1,376 96
Impairment of goodwill (Note 7 and Note 15) 102 0 440
Total operating expenses 42,807 31,979 31,932
Operating income 1,571 2,581 1,862
Income from equity investments (Note 12) 1,102 428 475
Net foreign currency gain/(loss) 237 91 (884)
Gain on dispositions 16 848 94
Other 199 93 88
Interest expense (Note 17) (2,556) (1,590) (1,624)
Earnings before income taxes 569 2,451 11
Income tax recovery/(expense) (Note 24) 2,697 (142) (170)
Earnings/(loss) 3,266 2,309 (159)
(Earnings)/loss attributable to noncontrolling interests and redeemable noncontrolling interests (407) (240) 410
Earnings attributable to controlling interests 2,859 2,069 251
Preference share dividends (330) (293) (288)
Earnings/(loss) attributable to common shareholders CAD 2,529 CAD 1,776 CAD (37)
Earnings/(loss) per common share attributable to Enbridge Inc. common shareholders (in dollars per share) CAD 1.66 CAD 1.95 CAD (0.04)
Diluted earnings/(loss) per common share attributable to Enbridge Inc. common shareholders (in dollars per share) CAD 1.65 CAD 1.93 CAD (0.04)