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CONSOLIDATED STATEMENTS OF EARNINGS - CAD
CAD in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues        
Commodity sales CAD 5,975 CAD 7,484 CAD 11,206 CAD 15,490
Gas distribution sales 528 598 2,119 1,709
Transportation and other services 2,128 1,944 3,235 3,348
Total revenues 8,631 10,026 16,560 20,547
Expenses        
Commodity costs 5,799 7,386 10,841 15,119
Gas distribution costs 300 337 1,664 1,183
Operating and administrative 928 814 1,919 1,559
Depreciation and amortization 485 393 959 759
Environmental costs, net of recoveries 7 36 (4) 41
Goodwill impairment (Note 6) 440   440  
Total expenses 7,959 8,966 15,819 18,661
Total operating income 672 1,060 741 1,886
Income from equity investments 109 65 242 179
Other income/(expense) 158 215 (299) 77
Interest expense (284) (231) (535) (469)
Earnings from continuing operations before income taxes 655 1,109 149 1,673
Income taxes recovery/(expense) (Note 12) (232) (276) 53 (393)
Earnings from continuing operations 423 833 202 1,280
Discontinued operations (Note 4)        
Earnings from discontinued operations before income taxes       73
Income taxes from discontinued operations       (27)
Earnings from discontinued operations       46
Earnings 423 833 202 1,326
(Earnings)/loss attributable to noncontrolling interests and redeemable noncontrolling interests 224 (18) 134 (66)
Earnings attributable to Enbridge Inc. 647 815 336 1,260
Preference share dividends (70) (59) (142) (114)
Earnings attributable to Enbridge Inc. common shareholders 577 756 194 1,146
Earnings attributable to Enbridge Inc. common shareholders        
Earnings from continuing operations 577 756 194 1,100
Earnings from discontinued operations, net of tax       46
Earnings attributable to Enbridge Inc. common shareholders CAD 577 CAD 756 CAD 194 CAD 1,146
Earnings per common share attributable to Enbridge Inc. common shareholders (Note 8)        
Continuing operations (in Canadian dollars per share) CAD 0.68 CAD 0.92 CAD 0.23 CAD 1.34
Discontinued operations (in Canadian dollars per share)       0.05
Total earnings per common share (in Canadian dollars per share) 0.68 0.92 0.23 1.39
Diluted earnings per common share attributable to Enbridge Inc. common shareholders (Note 8)        
Continuing operations (in Canadian dollars per share) 0.67 0.91 0.23 1.33
Discontinued operations (in Canadian dollars per share)       0.05
Total diluted earnings per common share (in Canadian dollars per share) CAD 0.67 CAD 0.91 CAD 0.23 CAD 1.38