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REVISION OF PRIOR PERIOD FINANCIAL STATEMENTS (Tables)

6 Months Ended

Jun. 30, 2013

REVISION OF PRIOR PERIOD FINANCIAL STATEMENTS

Schedule of effect of correction in Consolidated Statements of Earnings and Consolidated Statements of Financial Position

		Three months ended June 30, 2012						Three months ended June 30, 2011
		As Previously Reported		Adjustment		As Revised		As Previously Reported		Adjustment		As Revised
(unaudited; millions of Canadian dollars, except per share amounts)
Transportation and other services revenues		886		(2)		884		1,063		(3)		1,060
Depreciation and amortization		300		10		310		274		10		284
Income from equity investments		34		9		43		54		6		60
Income taxes recovery/(expense)		18		-		18		(144)		1		(143)
Earnings		79		(3)		76		400		(6)		394
Earnings attributable to noncontrolling interests and redeemable noncontrolling interests		(45)		-		(45)		(96)		1		(95)
Earnings attributable to Enbridge Inc.		34		(3)		31		304		(5)		299
Earnings attributable to Enbridge Inc. common shareholders		11		(3)		8		302		(5)		297
Earnings per common share attributable to Enbridge Inc. common shareholders		0.01		-		0.01		0.40		(0.01)		0.39
Diluted earnings per common share attributable to Enbridge Inc. common shareholders		0.01		-		0.01		0.40		(0.01)		0.39

		Six months ended June 30, 2012						Six months ended June 30, 2011
		As Previously Reported		Adjustment		As Revised		As Previously Reported		Adjustment		As Revised
(unaudited; millions of Canadian dollars, except per share amounts)
Transportation and other services revenues		1,908		(4)		1,904		2,102		(5)		2,097
Depreciation and amortization		590		20		610		551		21		572
Income from equity investments		72		17		89		109		12		121
Income taxes expense		(12)		1		(11)		(247)		3		(244)
Earnings		438		(6)		432		833		(11)		822
Earnings attributable to noncontrolling interests and redeemable noncontrolling interests		(125)		-		(125)		(163)		1		(162)
Earnings attributable to Enbridge Inc.		313		(6)		307		670		(10)		660
Earnings attributable to Enbridge Inc. common shareholders		275		(6)		269		666		(10)		656
Earnings per common share attributable to Enbridge Inc. common shareholders		0.36		(0.01)		0.35		0.89		(0.02)		0.87
Diluted earnings per common share attributable to Enbridge Inc. common shareholders		0.35		-		0.35		0.88		(0.02)		0.86

		Three months ended September 30, 2012						Three months ended September 30, 2011
		As Previously Reported		Adjustment		As Revised		As Previously Reported		Adjustment		As Revised
(unaudited; millions of Canadian dollars, except per share amounts)
Transportation and other services revenues		910		(2)		908		888		(2)		886
Depreciation and amortization		293		8		301		272		10		282
Income from equity investments		32		8		40		31		6		37
Income taxes recovery/(expense)		(2)		-		(2)		24		1		25
Earnings		328		(2)		326		58		(5)		53
Earnings attributable to noncontrolling interests and redeemable noncontrolling interests		(108)		-		(108)		(62)		-		(62)
Earnings attributable to Enbridge Inc.		220		(2)		218		(4)		(5)		(9)
Earnings attributable to Enbridge Inc. common shareholders		189		(2)		187		(5)		(5)		(10)
Earnings per common share attributable to Enbridge Inc. common shareholders		0.24		-		0.24		(0.01)		-		(0.01)
Diluted earnings per common share attributable to Enbridge Inc. common shareholders		0.24		-		0.24		(0.01)		-		(0.01)

		Nine months ended September 30, 2012						Nine months ended September 30, 2011
		As Previously Reported		Adjustment		As Revised		As Previously Reported		Adjustment		As Revised
(unaudited; millions of Canadian dollars, except per share amounts)
Transportation and other services revenues		2,818		(6)		2,812		2,990		(7)		2,983
Depreciation and amortization		883		28		911		823		31		854
Income from equity investments		104		25		129		140		18		158
Income taxes expense		(14)		1		(13)		(223)		4		(219)
Earnings		766		(8)		758		891		(16)		875
Earnings attributable to noncontrolling interests and redeemable noncontrolling interests		(233)		-		(233)		(225)		1		(224)
Earnings attributable to Enbridge Inc.		533		(8)		525		666		(15)		651
Earnings attributable to Enbridge Inc. common shareholders		464		(8)		456		661		(15)		646
Earnings per common share attributable to Enbridge Inc. common shareholders		0.60		(0.01)		0.59		0.88		(0.02)		0.86
Diluted earnings per common share attributable to Enbridge Inc. common shareholders		0.59		-		0.59		0.87		(0.02)		0.85

		Year ended December 31, 2012						Year ended December 31, 2011
		As Previously Reported		Adjustment		As Revised		As Previously Reported		Adjustment		As Revised
(unaudited; millions of Canadian dollars, except per share amounts)
Transportation and other services revenues		4,295		(7)		4,288		4,536		(8)		4,528
Depreciation and amortization		1,206		36		1,242		1,112		42		1,154
Income from equity investments		160		35		195		210		23		233
Income taxes expense		(128)		1		(127)		(526)		6		(520)
Earnings		943		(7)		936		1,242		(21)		1,221
Earnings attributable to noncontrolling interests and redeemable noncontrolling interests		(228)		(1)		(229)		(409)		2		(407)
Earnings attributable to Enbridge Inc.		715		(8)		707		833		(19)		814
Earnings attributable to Enbridge Inc. common shareholders		610		(8)		602		820		(19)		801
Earnings per common share attributable to Enbridge Inc. common shareholders		0.79		(0.01)		0.78		1.09		(0.02)		1.07
Diluted earnings per common share attributable to Enbridge Inc. common shareholders		0.78		(0.01)		0.77		1.08		(0.03)		1.05

		Year ended December 31, 2010
		As Previously Reported		Adjustment		As Revised
(unaudited; millions of Canadian dollars, except per share amounts)
Transportation and other services revenues		3,843		(4)		3,839
Depreciation and amortization		1,017		22		1,039
Income from equity investments		228		4		232
Income taxes expense		(227)		4		(223)
Earnings		781		(18)		763
Earnings attributable to noncontrolling interests and redeemable noncontrolling interests		170		4		174
Earnings attributable to Enbridge Inc.		951		(14)		937
Earnings attributable to Enbridge Inc. common shareholders		944		(14)		930
Earnings per common share attributable to Enbridge Inc. common shareholders		1.27		(0.01)		1.26
Diluted earnings per common share attributable to Enbridge Inc. common shareholders		1.26		(0.02)		1.24

		As at December 31, 2012						As at December 31, 2011
		As Previously Reported		Adjustment		As Revised		As Previously Reported		Adjustment		As Revised
(unaudited; millions of Canadian dollars)
Long-term investments		3,386		(211)		3,175		3,081		(248)		2,833
Deferred amounts and other assets		2,622		(161)		2,461		2,500		(116)		2,384
Deferred income tax liabilities		2,601		(118)		2,483		2,615		(116)		2,499
Retained earnings		3,464		(291)		3,173		3,926		(284)		3,642
Accumulated other comprehensive loss		(1,799)		37		(1,762)		(1,532)		36		(1,496)

- Definition

Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made.

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