SEGMENTED INFORMATION

6 Months Ended

Jun. 30, 2016

SEGMENTED INFORMATION

SEGMENTED INFORMATION

3.     SEGMENTED INFORMATION

Effective January 1, 2016, the Company revised its reportable segments (Note 1). Revisions to the segmented information presentation on a retrospective basis include:

· The replacement of the previous segments: Liquids Pipelines; Gas Distribution; Gas Pipelines, Processing and Energy Services; Sponsored Investments; and Corporate with new segments: Liquids Pipelines; Gas Distribution; Gas Pipelines and Processing; Green Power and Transmission; and Energy Services; and

· Presenting the Earnings before interest and income taxes of each segment as opposed to Earnings attributable to Enbridge Inc. common shareholders. Amounts related to Interest expense, Income taxes, Earnings attributable to noncontrolling interests and redeemable noncontrolling interests and Preference share dividends are now reported on a consolidated basis.

Segmented information for the three and six months ended June 30, 2016 and 2015 are as follows:

Three months ended June 30, 2016	Liquids Pipelines	Gas Distribution	Gas Pipelines and Processing	Green Power and Transmission	Energy Services	Eliminations and Other	Consolidated
(millions of Canadian dollars)
Revenues	1,743	613	615	122	4,933	(87)	7,939
Commodity and gas distribution costs	(3)	(293)	(463)	2	(4,917)	87	(5,587)
Operating and administrative	(663)	(144)	(127)	(37)	(19)	(13)	(1,003)
Depreciation and amortization	(336)	(84)	(75)	(47)	(1)	(12)	(555)
	741	92	(50)	40	(4)	(25)	794
Income/(loss) from equity investments	(83)	(16)	64	(1)	(1)	-	(37)
Other income/(expense)	(15)	7	5	2	(2)	(23)	(26)
Earnings/(loss) before interest and income taxes	643	83	19	41	(7)	(48)	731
Interest expense							(369)
Income taxes							(10)
Earnings							352
Loss attributable to noncontrolling interests and redeemable noncontrolling interests							20
Preference share dividends							(71)
Earnings attributable to Enbridge Inc. common shareholders							301
Additions to property, plant and equipment1	1,070	144	81	10	-	10	1,315

Three months ended June 30, 2015	Liquids Pipelines	Gas Distribution	Gas Pipelines and Processing	Green Power and Transmission	Energy Services	Eliminations and Other	Consolidated
(millions of Canadian dollars)
Revenues	1,838	626	1,006	123	5,167	(129)	8,631
Commodity and gas distribution costs	(3)	(328)	(829)	1	(5,075)	135	(6,099)
Operating and administrative	(564)	(135)	(140)	(35)	(24)	(30)	(928)
Depreciation and amortization	(287)	(80)	(68)	(46)	-	(4)	(485)
Environmental costs, net of recoveries	(7)	-	-	-	-	-	(7)
Goodwill impairment	-	-	(440)	-	-	-	(440)
	977	83	(471)	43	68	(28)	672
Income/(loss) from equity investments	85	(17)	46	(1)	(3)	(1)	109
Other income	35	12	14	1	2	94	158
Earnings/(loss) before interest and income taxes	1,097	78	(411)	43	67	65	939
Interest expense							(284)
Income taxes							(232)
Earnings							423
Loss attributable to noncontrolling interests and redeemable noncontrolling interests							224
Preference share dividends							(70)
Earnings attributable to Enbridge Inc. common shareholders							577
Additions to property, plant and equipment1	1,619	229	87	8	-	31	1,974

Six months ended June 30, 2016	Liquids Pipelines	Gas Distribution	Gas Pipelines and Processing	Green Power and Transmission	Energy Services	Eliminations and Other	Consolidated
(millions of Canadian dollars)
Revenues	4,356	1,779	1,267	256	9,244	(168)	16,734
Commodity and gas distribution costs	(5)	(1,059)	(946)	3	(9,213)	168	(11,052)
Operating and administrative	(1,429)	(278)	(246)	(77)	(34)	(19)	(2,083)
Depreciation and amortization	(682)	(164)	(149)	(95)	(1)	(23)	(1,114)
Environmental costs, net of recoveries	(17)	-	-	-	-	-	(17)
	2,223	278	(74)	87	(4)	(42)	2,468
Income/(loss) from equity investments	30	27	134	1	(3)	-	189
Other income/(expense)	2	17	20	2	(6)	215	250
Earnings/(loss) before interest and income taxes	2,255	322	80	90	(13)	173	2,907
Interest expense							(781)
Income taxes							(427)
Earnings							1,699
Earnings attributable to noncontrolling interests and redeemable noncontrolling interests							(41)
Preference share dividends							(144)
Earnings attributable to Enbridge Inc. common shareholders							1,514
Additions to property, plant and equipment1	2,402	392	133	17	-	16	2,960

Six months ended June 30, 2015	Liquids Pipelines		Gas Distribution		Gas Pipelines and Processing		Green Power and Transmission		Energy Services		Eliminations and Other		Consolidated
(millions of Canadian dollars)
Revenues	2,629		2,418		2,133		254		9,374		(248	)	16,560
Commodity and gas distribution costs	(4	)	(1,696	)	(1,794	)	2		(9,265	)	252		(12,505	)
Operating and administrative	(1,245	)	(269	)	(255	)	(64	)	(42	)	(44	)	(1,919	)
Depreciation and amortization	(567	)	(157	)	(133	)	(92	)	-		(10	)	(959	)
Environmental costs, net of recoveries	4		-		-		-		-		-		4
Goodwill impairment	-		-		(440	)	-		-		-		(440	)
	817		296		(489	)	100		67		(50	)	741
Income/(loss) from equity investments	145		(3	)	108		-		(5	)	(3	)	242
Other income/(expense)	(10	)	24		6		2		2		(323	)	(299	)
Earnings/(loss) before interest and income taxes	952		317		(375	)	102		64		(376	)	684
Interest expense													(535	)
Income taxes recovery													53
Earnings													202
Loss attributable to noncontrolling interests and redeemable noncontrolling interests													134
Preference share dividends													(142	)
Earnings attributable to Enbridge Inc. common shareholders													194
Additions to property, plant and equipment1	2,941		335		206		37		-		45		3,564

1 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 in respect of an overstatement of deferred income tax expense in 2013 and 2014.

TOTAL ASSETS

	June 30, 2016	December 31, 2015
(millions of Canadian dollars)
Liquids Pipelines	52,040	52,015
Gas Distribution	9,596	9,901
Gas Pipelines and Processing	11,292	11,559
Green Power and Transmission	4,946	4,977
Energy Services	1,990	1,889
Eliminations and Other	3,734	4,174
	83,598	84,515