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CONSOLIDATED STATEMENTS OF EARNINGS - CAD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Operating revenues        
Total operating revenues $ 11,466 $ 9,110 $ 34,551 $ 29,079
Operating expenses        
Operating and administrative 1,667 1,554 4,710 4,955
Depreciation and amortization 944 935 2,805 2,766
Total operating expenses 10,078 7,015 28,849 23,373
Operating income/(loss) 1,388 2,095 5,702 5,706
Income from equity investments 440 315 1,187 805
Impairment of equity investments (Note 8) (111) (615) (111) (2,351)
Other income/(expense)        
Net foreign currency gain/(loss) (165) 173 146 (257)
Other 109 85 300 (8)
Interest expense (648) (718) (1,923) (2,105)
Earnings before income taxes 1,013 1,335 5,301 1,790
Income tax expense (Note 10) (199) (231) (952) (273)
Earnings 814 1,104 4,349 1,517
Earnings attributable to noncontrolling interests (34) (20) (93) (25)
Earnings attributable to controlling interests 780 1,084 4,256 1,492
Preference share dividends (98) (94) (280) (284)
Earnings attributable to common shareholders $ 682 $ 990 $ 3,976 $ 1,208
Earnings per common share attributable to common shareholders (in Canadian dollars per share) $ 0.34 $ 0.49 $ 1.97 $ 0.60
Diluted earnings per common share attributable to common shareholders (in Canadian dollars per share) $ 0.34 $ 0.49 $ 1.96 $ 0.60
Commodity sales        
Operating revenues        
Total operating revenues $ 7,279 $ 4,595 $ 20,042 $ 14,920
Operating expenses        
Commodity costs and Gas distribution costs 7,347 4,443 19,975 14,464
Transportation and other services        
Operating revenues        
Total operating revenues 3,695 4,075 11,740 11,609
Gas distribution revenue        
Operating revenues        
Total operating revenues 492 440 2,769 2,550
Operating expenses        
Commodity costs and Gas distribution costs $ 120 $ 83 $ 1,359 $ 1,188