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SEGMENTED INFORMATION (Tables)
 12 Months Ended
Dec. 31, 2015
SEGMENTED INFORMATION  
Schedule of reporting information by segment

 

 

Year ended December 31, 2015

 

Liquids
Pipelines1

 

Gas
Distribution

 

Gas Pipelines,
Processing
and Energy
Services1

 

Sponsored
Investments1

 

Corporate2

 

Consolidated

(millions of Canadian dollars)

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 
1,730

 
3,560

 
20,862

 
7,642

 

-

 
33,794

Commodity and gas distribution costs

 
(8)

 
(2,300)

 
(20,008)

 
(2,927)

 
2

 
(25,241)

Operating and administrative

 
(1,223)

 
(537)

 
(238)

 
(2,211)

 
(39)

 
(4,248)

Depreciation and amortization

 
(520)

 
(308)

 
(178)

 
(986)

 
(32)

 
(2,024)

Environmental costs, net of recoveries

 
4

 

-

 

-

 
17

 

-

 
21

Goodwill impairment

 

-

 

-

 

-

 
(440)

 

-

 
(440)

 

 
(17)

 
415

 
438

 
1,095

 
(69)

 
1,862

Income/(loss) from equity investments

 
296

 

-

 
(13)

 
201

 
(9)

 
475

Other income/(expense)

 
11

 
(1)

 
20

 
(33)

 
(699)

 
(702)

Interest expense

 
(532)

 
(168)

 
(109)

 
(661)

 
(154)

 
(1,624)

Income taxes recovery/(expense)

 
20

 
(24)

 
(142)

 
(499)

 
475

 
(170)

Earnings/(loss)

 
(222)

 
222

 
194

 
103

 
(456)

 
(159)

Earnings/(loss) attributable to noncontrolling interests and redeemable noncontrolling interests

 
(2)

 

-

 
24

 
376

 
12

 
410

Preference share dividends

 

-

 

-

 

-

 

-

 
(288)

 
(288)

Earnings/(loss) attributable to Enbridge Inc.
common shareholders

 
(224)

 
222

 
218

 
479

 
(732)

 
(37)

Additions to property, plant and equipment3

 
2,957

 
858

 
226

 
3,158

 
76

 
7,275

Total assets

 
12,541

 
9,546

 
7,793

 
50,237

 
4,547

 
84,664

 

Year ended December 31, 2014

 

Liquids
Pipelines1

 

Gas
Distribution

 

Gas Pipelines,
Processing
and Energy
Services1,4

 

Sponsored
Investments1,4

 

Corporate2

 

Consolidated

(millions of Canadian dollars)

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 
2,283

 
3,216

 
23,023

 
9,119

 

-

 
37,641

Commodity and gas distribution costs

 

-

 
(1,979)

 
(21,921)

 
(5,583)

 

-

 
(29,483)

Operating and administrative

 
(1,101)

 
(530)

 
(175)

 
(1,438)

 
(37)

 
(3,281)

Depreciation and amortization

 
(498)

 
(304)

 
(114)

 
(642)

 
(19)

 
(1,577)

Environmental costs, net of recoveries

 
7

 

-

 

-

 
(107)

 

-

 
(100)

 

 
691

 
403

 
813

 
1,349

 
(56)

 
3,200

Income/(loss) from equity investments

 
160

 

-

 
136

 
86

 
(14)

 
368

Other income/(expense)

 
12

 
(8)

 
38

 
5

 
(313)

 
(266)

Interest income/(expense)

 
(372)

 
(165)

 
(98)

 
(559)

 
65

 
(1,129)

Income taxes recovery/(expense)

 
(24)

 
(17)

 
(318)

 
(263)

 
11

 
(611)

Earnings/(loss) from continuing operations

 
467

 
213

 
571

 
618

 
(307)

 
1,562

Discontinued operations

 

 

 

 

 

 

 

 

 

 

 

 

Earnings from discontinued operations before income taxes

 

-

 

-

 
73

 

-

 

-

 
73

Income taxes from discontinued operations

 

-

 

-

 
(27)

 

-

 

-

 
(27)

Earnings from discontinued operations

 

-

 

-

 
46

 

-

 

-

 
46

Earnings/(loss)

 
467 

 
213

 
617

 
618

 
(307)

 
1,608

Earnings attributable to noncontrolling interests and redeemable noncontrolling interests

 
(4)

 

-

 

-

 
(199)

 

-

 
(203)

Preference share dividends

 

-

 

-

 

-

 

-

 
(251)

 
(251)

Earnings/(loss) attributable to Enbridge Inc.
common shareholders

 
463

 
213

 
617

 
419

 
(558)

 
1,154

Additions to property, plant and equipment3

 
5,917

 
603

 
678

 
3,269

 
60

 
10,527

Total assets1

 
27,657

 
9,320

 
7,601

 
23,515

 
4,764

 
72,857

 

Year ended December 31, 2013

 

Liquids
Pipelines1

 

Gas
Distribution

 

Gas Pipelines,
Processing
and Energy
Services1

,4

Sponsored
Investments

1,4

Corporate2

 

Consolidated

 

(millions of Canadian dollars)

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 
2,272

 
2,741

 
20,310

 
7,595

 

-

 
32,918

 

Commodity and gas distribution costs

 

-

 
(1,585

)
(20,244

)
(4,978

)

-

 
(26,807

)

Operating and administrative

 
(1,006

)
(534

)
(221

)
(1,226

)
(27

)
(3,014

)

Depreciation and amortization

 
(429

)
(321

)
(75

)
(530

)
(15

)
(1,370

)

Environmental costs, net of recoveries

 
(79

)

-

 

-

 
(283

)

-

 
(362

)

 

 
758

 
301

 
(230

)
578

 
(42

)
1,365

 

Income from equity investments

 
118

 

-

 
154

 
56

 
2

 
330

 

Other income/(expense)

 
39

 
20

 
39

 
37

 
(270

)
(135

)

Interest income/(expense)

 
(319

)
(160

)
(81

)
(409

)
22

 
(947

)

Income taxes recovery/(expense)

 
(165

)
(32

)
50

 
(133

)
157

 
(123

)

Earnings/(loss) from continuing operations

 
431

 
129

 
(68

)
129

 
(131

)
490

 

Discontinued operations

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings from discontinued operations before income taxes

 

-

 

-

 
6

 

-

 

-

 
6

 

Income taxes from discontinued operations

 

-

 

-

 
(2

)

-

 

-

 
(2

)

Earnings from discontinued operations

 

-

 

-

 
4

 

-

 

-

 
4

 

Earnings/(loss)

 
431

 
129

 
(64

)
129

 
(131

)
494

 

(Earnings)/loss attributable to noncontrolling interests and redeemable noncontrolling interests

 
(4

)

-

 

-

 
139

 

-

 
135

 

Preference share dividends

 

-

 

-

 

-

 

-

 
(183

)
(183

)

Earnings/(loss) attributable to Enbridge Inc. common shareholders

 
427

 
129

 
(64

)
268

 
(314

)
446

 

Additions to property, plant and equipment3

 
4,360

 
533

 
744

 
2,565

 
34

 
8,236

 

1

Effective September 1, 2015, Enbridge transferred its Canadian Liquids Pipelines business and certain Canadian renewable energy assets to the Fund Group within the Sponsored Investments segment as described under the Canadian Restructuring Plan (Note 1). Revenues of $603 million and loss of $403 million in the year ended December 31, 2015 (2014 - revenues of $1,679 million and earnings of $320 million; 2013 - revenues of $1,752 million and earnings of $261 million) which relate to Liquids Pipelines assets prior to the transfer have not been reclassified into the Sponsored Investments segment for presentation purposes. Revenues of $83 million and earnings of $1 million in the year ended December 31, 2015 (2014 - revenues of $91 million and loss of $2 million; 2013 - revenues of $44 million and loss of $55 million) which relate to Gas Pipelines, Processing and Energy Services assets prior to the transfer have not been reclassified into the Sponsored Investments segment for presentation purposes. Additionally, Liquids Pipelines assets of $17,766 million as at December 31, 2014 and Gas Pipelines, Processing and Energy Services assets of $1,095 million as at December 31, 2014 have not been reclassified into the Sponsored Investments segment for presentation purposes.

2

Included within the Corporate segment was Interest income of $822 million (2014 - $694 million; 2013 - $443 million) charged to other operating segments.

3

Includes allowance for equity funds used during construction.

4

In November 2014, Enbridge’s 50% interest in the United States portion of Alliance Pipeline (Alliance Pipeline US) was transferred to the Fund Group within the Sponsored Investments segment. Earnings from the assets prior to the date of transfer of $41 million (2013 - $43 million) have not been reclassified between segments for presentation purposes.
GEOGRAPHIC INFORMATION: Revenues

 

Revenues1 

Year ended December 31,
2015
2014
2013 

 

(millions of Canadian dollars)

 

 

 

 

Canada
11,087
14,963
12,690 

 

United States
22,707
22,678
20,228 

 

 
33,794
37,641
32,918 

 

1

Revenues are based on the country of origin of the product or service sold.
GEOGRAPHIC INFORMATION: Property, Plant and Equipment

 

Property, Plant and Equipment

December 31,
2015
2014 

 

(millions of Canadian dollars)

 

 

 

Canada
30,656
27,420 

 

United States
33,778
26,410 

 

 
64,434
53,830