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CONSOLIDATED STATEMENTS OF EARNINGS - CAD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Operating revenues        
Total operating revenues $ 10,432 $ 13,215 $ 22,507 $ 28,312
Operating expenses        
Operating and administrative 2,028 1,994 4,065 3,869
Depreciation and amortization 1,137 1,064 2,283 2,119
Total operating expenses 8,082 11,695 17,495 24,372
Operating income 2,350 1,520 5,012 3,940
Income from equity investments 478 510 995 1,001
Other income/(expense) 575 (499) 677 (41)
Interest expense (883) (791) (1,788) (1,510)
Earnings before income taxes 2,520 740 4,896 3,390
Income tax expense (519) (133) (1,029) (726)
Earnings 2,001 607 3,867 2,664
Earnings attributable to noncontrolling interests (66) (12) (115) (40)
Earnings attributable to controlling interests 1,935 595 3,752 2,624
Preference share dividends (87) (145) (171) (247)
Earnings attributable to common shareholders $ 1,848 $ 450 $ 3,581 $ 2,377
Earnings per common share attributable to common shareholders (in Canadian dollars per share) $ 0.91 $ 0.22 $ 1.77 $ 1.17
Diluted earnings per common share attributable to common shareholders (in Canadian dollars per share) $ 0.91 $ 0.22 $ 1.77 $ 1.17
Commodity sales        
Operating revenues        
Total operating revenues $ 4,679 $ 8,108 $ 9,462 $ 16,433
Operating expenses        
Commodity costs and Gas distribution costs 4,549 8,181 9,185 16,472
Gas distribution sales        
Operating revenues        
Total operating revenues 792 905 3,071 3,003
Operating expenses        
Commodity costs and Gas distribution costs 368 456 1,962 1,912
Transportation and other services        
Operating revenues        
Total operating revenues $ 4,961 $ 4,202 $ 9,974 $ 8,876