SEGMENTED INFORMATION

6 Months Ended

Jun. 30, 2015

SEGMENTED INFORMATION

SEGMENTED INFORMATION

3.SEGMENTED INFORMATION

					Gas Pipelines,
					Processing
	Liquids		Gas		and Energy		Sponsored
Three months ended June 30, 2015	Pipelines		Distribution		Services		Investments		Corporate1		Consolidated
(millions of Canadian dollars)
Revenues	1,130		630		5,172		1,699		-		8,631
Commodity and gas distribution costs	(4	)	(332	)	(4,953	)	(810	)	-		(6,099	)
Operating and administrative	(329	)	(134	)	(69	)	(389	)	(7	)	(928	)
Depreciation and amortization	(158	)	(80	)	(47	)	(194	)	(6	)	(485	)
Environmental costs, net of recoveries	(8	)	-		-		1		-		(7	)
Goodwill impairment	-		-		-		(440	)	-		(440	)
	631		84		103		(133	)	(13	)	672
Income/(loss) from equity investments	85		-		(12	)	54		(18	)	109
Other income/(expense)	(8	)	(1	)	12		5		150		158
Interest income/(expense)	(172	)	(40	)	(28	)	(123	)	79		(284	)
Income taxes expense	(127	)	(4	)	(26	)	(58	)	(17	)	(232	)
Earnings/(loss)	409		39		49		(255	)	181		423
Loss attributable to noncontrolling interests and redeemable noncontrolling interests	-		-		5		219		-		224
Preference share dividends	-		-		-		-		(70	)	(70	)
Earnings/(loss) attributable to Enbridge Inc. common shareholders	409		39		54		(36	)	111		577
Additions to property, plant and equipment2	1,009		229		32		692		12		1,974

Three months ended June 30, 2014	Liquids Pipelines		Gas Distribution		Gas Pipelines, Processing and Energy Services		Sponsored Investments		Corporate1		Consolidated
(millions of Canadian dollars)
Revenues	991		629		6,286		2,120		-		10,026
Commodity and gas distribution costs	-		(337	)	(6,050	)	(1,336	)	-		(7,723	)
Operating and administrative	(279	)	(137	)	(50	)	(341	)	(7	)	(814	)
Depreciation and amortization	(121	)	(88	)	(23	)	(156	)	(5	)	(393	)
Environmental costs, net of recoveries	7		-		-		(43	)	-		(36	)
	598		67		163		244		(12	)	1,060
Income/(loss) from equity investments	39		-		29		17		(20	)	65
Other income/(expense)	2		(1	)	4		(1	)	211		215
Interest income/(expense)	(87	)	(40	)	(25	)	(110	)	31		(231	)
Income taxes expense	(120	)	(7	)	(64	)	(46	)	(39	)	(276	)
Earnings	432		19		107		104		171		833
Earnings attributable to noncontrolling interests and redeemable noncontrolling interests	(1	)	-		-		(17	)	-		(18	)
Preference share dividends	-		-		-		-		(59	)	(59	)
Earnings attributable to Enbridge Inc. common shareholders	431		19		107		87		112		756
Additions to property, plant and equipment2	1,516		111		211		787		10		2,635

Six months ended June 30, 2015	Liquids Pipelines		Gas Distribution		Gas Pipelines, Processing and Energy Services		Sponsored Investments		Corporate1		Consolidated
(millions of Canadian dollars)
Revenues	1,159		2,418		9,404		3,579		-		16,560
Commodity and gas distribution costs	(4	)	(1,696	)	(9,045	)	(1,758	)	(2	)	(12,505	)
Operating and administrative	(751	)	(268	)	(124	)	(773	)	(3	)	(1,919	)
Depreciation and amortization	(308	)	(157	)	(95	)	(388	)	(11	)	(959	)
Environmental costs, net of recoveries	4		-		-		-		-		4
Goodwill impairment	-		-		-		(440	)	-		(440	)
	100		297		140		220		(16	)	741
Income/(loss) from equity investments	145		-		2		99		(4	)	242
Other income/(expense)	(12	)	(2	)	18		(4	)	(299	)	(299	)
Interest income/(expense)	(314	)	(82	)	(58	)	(209	)	128		(535	)
Income taxes recovery/(expense)	69		(35	)	(38	)	(140	)	197		53
Earnings/(loss)	(12	)	178		64		(34	)	6		202
(Earnings)/loss attributable to noncontrolling interests and redeemable noncontrolling interests	(1	)	-		6		129		-		134
Preference share dividends	-		-		-		-		(142	)	(142	)
Earnings/(loss) attributable to Enbridge Inc. common shareholders	(13	)	178		70		95		(136	)	194
Additions to property, plant and equipment2	1,833		335		112		1,258		26		3,564

Six months ended June 30, 2014	Liquids Pipelines		Gas Distribution		Gas Pipelines, Processing and Energy Services		Sponsored Investments		Corporate1		Consolidated
(millions of Canadian dollars)
Revenues	1,438		1,914		12,708		4,487		-		20,547
Commodity and gas distribution costs	-		(1,183	)	(12,169	)	(2,950	)	-		(16,302	)
Operating and administrative	(535	)	(270	)	(84	)	(664	)	(6	)	(1,559	)
Depreciation and amortization	(238	)	(172	)	(35	)	(305	)	(9	)	(759	)
Environmental costs, net of recoveries	7		-		-		(48	)	-		(41	)
	672		289		420		520		(15	)	1,886
Income/(loss) from equity investments	75		-		78		35		(9	)	179
Other income/(expense)	3		2		9		(2	)	65		77
Interest income/(expense)	(174	)	(80	)	(43	)	(221	)	49		(469	)
Income taxes recovery/(expense)	(99	)	(56	)	(166	)	(97	)	25		(393	)
Earnings from continuing operations	477		155		298		235		115		1,280
Discontinued operations
Earnings from discontinued operations before income tax	-		-		73		-		-		73
Income taxes from discontinued operations	-		-		(27	)	-		-		(27	)
Earnings from discontinued operations	-		-		46		-		-		46
Earnings	477		155		344		235		115		1,326
Earnings attributable to noncontrolling interests and redeemable noncontrolling interests	(2	)	-		-		(64	)	-		(66	)
Preference share dividends	-		-		-		-		(114	)	(114	)
Earnings attributable to Enbridge Inc. common shareholders	475		155		344		171		1		1,146
Additions to property, plant and equipment2	3,014		208		329		1,469		24		5,044

1 Included within the Corporate segment was Interest income of $226 million and $422 million for the three and six months ended June 30, 2015, respectively, (2014 - $161 million and $316 million, respectively) charged to other operating segments.

2 Includes allowance for equity funds used during construction.

OUT-OF-PERIOD ADJUSTMENT

Earnings attributable to Enbridge Inc. common shareholders for the six months ended June 30, 2015 were increased by an out-of-period adjustment of $71 million within the Corporate segment in respect of an overstatement of deferred income tax expense in 2013 and 2014.

TOTAL ASSETS

	June 30, 2015	December 31, 2014
(millions of Canadian dollars)
Liquids Pipelines	30,194	27,657
Gas Distribution	8,791	9,320
Gas Pipelines, Processing and Energy Services	8,352	7,601
Sponsored Investments	25,177	23,515
Corporate	5,202	4,764
	77,716	72,857