XML 27 R2.htm IDEA: XBRL DOCUMENT v3.6.0.2
CONSOLIDATED STATEMENTS OF EARNINGS - CAD
CAD in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues      
Commodity sales CAD 22,816 CAD 23,842 CAD 28,281
Gas distribution sales 2,486 3,096 2,853
Transportation and other services 9,258 6,856 6,507
Total revenues 34,560 33,794 37,641
Expenses      
Commodity costs 22,409 22,949 27,504
Gas distribution costs 1,596 2,292 1,979
Operating and administrative 4,360 4,152 3,281
Depreciation and amortization 2,240 2,024 1,577
Environmental costs, net of recoveries (2) (21) 100
Impairment of property, plant and equipment (Note 9) 1,376 96  
Goodwill impairment (Note 15) 0 440  
Total expenses 31,979 31,932 34,441
Total operating income 2,581 1,862 3,200
Income from equity investments (Note 11) 428 475 368
Other income/(expense) (Note 27) 1,032 (702) (266)
Interest expense (Note 17) (1,590) (1,624) (1,129)
Earnings from continuing operations before income taxes 2,451 11 2,173
Income taxes (Note 25) (142) (170) (611)
Earnings/(loss) from continuing operations 2,309 (159) 1,562
Discontinued Operations      
Earnings from discontinued operations before income taxes     73
Income taxes from discontinued operations     (27)
Earnings from discontinued operations     46
Earnings/(loss) 2,309 (159) 1,608
(Earnings)/loss attributable to noncontrolling interests and redeemable noncontrolling interests (240) 410 (203)
Earnings attributable to Enbridge Inc. 2,069 251 1,405
Preference share dividends (293) (288) (251)
Earnings/(loss) attributable to Enbridge Inc. common shareholders 1,776 (37) 1,154
Earnings/(loss) attributable to Enbridge Inc. common shareholders      
Earnings/(loss) from continuing operations 1,776 (37) 1,108
Earnings from discontinued operations, net of tax     46
Earnings/(loss) attributable to Enbridge Inc. common shareholders CAD 1,776 CAD (37) CAD 1,154
Earnings/(loss) per common share attributable to Enbridge Inc. common shareholders      
Continuing operations (in Canadian dollars per share) CAD 1.95 CAD (0.04) CAD 1.34
Discontinued operations (in Canadian dollars per share)     0.05
Total earnings/(loss) per common share (in Canadian dollars per share) 1.95 (0.04) 1.39
Diluted earnings/(loss) per common share attributable to Enbridge Inc. common shareholders      
Continuing operations (in Canadian dollars per share) 1.93 (0.04) 1.32
Discontinued operations (in Canadian dollars per share)     0.05
Total diluted earnings/(loss) per common share (in Canadian dollars per share) CAD 1.93 CAD (0.04) CAD 1.37