Financial Position

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Annual
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

(in millions of Canadian dollars)

For the year ended Dec. 31      
  Dec. 31, 2011 Dec. 31, 2010 Jan. 1, 2010
Cash and cash equivalents 49 35 53
Accounts receivable 541 412 405
Current portion of finance lease receivable 3 2 2
Collateral paid 45 27 27
Prepaid expenses 8 10 18
Risk management assets 391 268 146
Income taxes receivable 2 18 38
Inventory 85 53 90
Assets held for sale - 60 4
  1,124 885 783
Investments 193 190 202
Long-term receivable 18  -  49 
Finance lease receivable 42 46  48
Property, plant, and equipment       
Cost  11,420 11,040  10,831
Accumulated depreciation (4,132) (3,746) (3,754)
       
Goodwill 447 447  447
Intangible assets 283 288 293
Deferred income tax assets 176 178 229
Risk management assets 99 205  222
Other assets 90 102  103
Total assets 9,760 9,635  9,453
Accounts payable and accrued liabilities 463 482  484
Decommissioning and other provisions 99 54  61
Collateral received 16 126 86
Risk management liabilities 208 35  45
Income taxes payable 22 8  9
Dividends payable 67 130  61
Current portion of long-term debt - recourse 316 237  9
Liabilities held for sale - 3  -
  1,191 1,075  755
Long-term debt  3,721 3,823  4,231
Decommissioning and other provisions 283 256  287
Deferred income tax liabilities 491 538  542
Risk management liabilities 142 123  78
Deferred credits and other long-term liabilities 305 269  236
Equity      
Common shares 2,273 2,204  2,164
Preferred shares 562  293  - 
Contributed surplus 9 7  5
Retained earnings 527 431  495
Accumulated other comprehensive income (102) 185  189
Equity attributable to shareholders 3,269 3,120 2,853
Non-controlling interests 358 431 471
Total equity 3,627 3,551 3,324
Total liabilities and equity 9,760 9,635  9,453

Notes to financial statements

Quarterly
CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

(in millions of Canadian dollars)

Unaudited  March 31, 2012  Dec. 31, 2011
Cash and cash equivalents 31 49
Accounts receivable 436 541
Current portion of finance lease receivable 3 3
Collateral paid (Note 10) 51 45
Prepaid expenses 20 8
Risk management assets (Notes 9 and 10) 363 391
Inventory (Note 11) 86 85
Income taxes receivable (Note 12) 16 2
  1,006 1,124
Investments (Note 6) 187 193
Long-term receivable (Note 13) 18 18
Finance lease receivable 41 42
Property, plant, and equipment (Note 14)    
   Cost 11,451 11,386
   Accumulated depreciation (4,194) (4,115)
  7,257 7,271
     
Goodwill 447 447
Intangible assets 275 276
Deferred income tax assets 182 176
Risk management assets (Notes 9 and 10) 121 99
Other assets (Note 15) 89 90
Total assets 9,623 9,736
     
Short-term debt 3 -
Accounts payable and accrued liabilities 362 463
Decommissioning and other provisions (Note 16) 111 99
Collateral received (Note 10) 16 16
Risk management liabilities (Notes 9 and 10) 192 208
Income taxes payable 19 22
Dividends payable (Notes 19 and 20) 66 67
Current portion of long-term debt (Notes 10 and 17) 310 316
  1,079 1,191
Long-term debt (Note 10 and 17) 3,714 3,721
Decommissioning and other provisions (Note 16) 277 283
Deferred income tax liabilities 489 491
Risk management liabilities (Notes 9 and 10) 153 142
Deferred credits and other long-term liabilities (Note 18) 284 281
Equity    
   Common shares (Note 19) 2,293 2,273
   Preferred shares (Note 20) 562 562
   Contributed surplus 9 9
   Retained earnings 551 527
   Accumulated other comprehensive loss (Note 21) (133) (102)
Equity attributable to shareholders 3,282 3,269
Non-controlling interests 345 358
Total equity 3,627 3,627
Total liabilities and equity 9,623 9,736
   
Contingencies (Note 22)
Commitments (Note 23)

 Notes to financial statements

Last updated: April 26, 2012