LONG-TERM INVESTMENTS (Tables)

12 Months Ended

Dec. 31, 2016

	Ownership
December 31,	Interest	2016	2015
(millions of Canadian dollars)
EQUITY INVESTMENTS
Liquids Pipelines
Seaway Crude Pipeline System	50.0%	3,129	3,251
Southern Access Extension Project	65.0%	759	713
Enbridge Rail (Philadelphia) L.L.C.	75.0%	19	168
Other	30.0% - 43.9%	70	69
Gas Distribution
Noverco Common Shares	38.9%	-	-
Gas Pipelines and Processing
Texas Express Pipeline	35.0%	484	515
Alliance Pipeline	50.0%	411	427
Aux Sable	42.7% - 50.0%	324	344
Vector Pipeline	60.0%	159	159
Offshore - various joint ventures	22.0% - 74.3%	435	479
Other	33.3% - 70.0%	4	12
Green Power and Transmission
Rampion offshore wind project1	24.9%	345	201
Eolien Maritime France SAS2	50.0%	58	-
Other	18.9% - 50.0%	100	109
Eliminations and Other
Other	19.0% - 42.7%	15	12
OTHER LONG-TERM INVESTMENTS
Gas Distribution
Noverco Preferred Shares		355	359
Green Power and Transmission
Emerging Technologies and Other		90	106
Eliminations and Other
Other		79	84

		6,836	7,008

On November 4, 2015, Enbridge acquired a 24.9% equity interest in Rampion Offshore Wind Limited.

On May 19, 2016, Enbridge acquired a 50% equity interest in Eolien Maritime France SAS.

Year ended December 31,	2016		2015		2014
(millions of Canadian dollars)
Revenues	1,761		1,557		1,790
Commodity costs	(385	)	(369	)	(661	)
Operating and administrative expense	(545	)	(376	)	(444	)
Depreciation and amortization	(293	)	(274	)	(232	)
Other income/(expense)	(41	)	4		(1	)
Interest expense	(69	)	(67	)	(84	)

Earnings before income taxes	428		475		368


December 31,	2016		2015

(millions of Canadian dollars)
Current assets	464		389
Property, plant and equipment, net	6,534		6,602
Deferred amounts and other assets	47		40
Intangible assets, net	118		64
Goodwill	862		885
Current liabilities	(433	)	(500	)
Long-term debt	(792	)	(854	)
Other long-term liabilities	(488	)	(167	)

Net assets	6,312		6,459