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Consolidated statement of income - CAD
CAD in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenues      
Liquids Pipelines CAD 2,009 CAD 1,755 CAD 1,879
Energy 3,593 4,206 4,091
Revenues 13,449 12,547 11,353
Income from Equity Investments (Note 9) 773 514 440
Operating and Other Expenses      
Plant operating costs and other 3,906 3,861 3,303
Commodity purchases resold 2,382 2,172 2,237
Property taxes 569 555 517
Depreciation and amortization 2,055 1,939 1,765
Goodwill and other asset impairment charges (Notes 8, 11 and 12) 1,257 1,388 3,745
Total Operating and Other Expenses 10,169 9,915 11,567
Gain/(Loss) on Assets Held for Sale/Sold (Notes 6 and 25) 631 (833) (125)
Financial Charges      
Interest expense (Note 17) 2,137 1,927 1,398
Allowance for funds used during construction (507) (419) (295)
Interest income and other (183) (117) 103
Total Financial Charges 1,447 1,391 1,206
Income/(Loss) before Income Taxes 3,237 922 (1,105)
Income Tax (Recovery)/Expense (Note 16)      
Current 149 157 137
Deferred 548 192 (102)
Deferred – U.S. Tax Reform (804) 0 0
Income Tax (Recovery)/Expense (107) 349 35
Net Income/(Loss) 3,344 573 (1,140)
Net income attributable to non-controlling interests (Note 19) 238 252 6
Net Income/(Loss) Attributable to Controlling Interests and to Common Shares 3,106 321 (1,146)
Canadian Natural Gas Pipelines      
Revenues      
Revenues 3,693 3,682 3,680
U.S. Natural Gas Pipelines      
Revenues      
Revenues 3,584 2,526 1,444
Mexico Natural Gas Pipelines      
Revenues      
Revenues CAD 570 CAD 378 CAD 259