Financial Highlights

Five Year Summary (1)

($ millions except per share amounts)

2015

2014

2013

2012

2011

         

Restated(1)

Revenue 2,193 2,406
2,043
1,450
1,280
Normalized EBITDA(2) 582 546 509 337 266
Normalized operating income(2) 359 366 353 235 184
  Gas 172 238 185 154 156
  Power 177 107 146 103 99
  Utilities 257 230 207 107 39
  Corporate (24) (29) (29) (27) (28)
Net income applicable to common shares 10 96 182 102 83
Normalized net income (2) 140 165 176 110 90
Total assets 10,100 8,396 7,271 5,920 3,545
Total long-term liabilities 4,949 4,058 3,715 3,357 1,627
Net additions to property, plant and equipment 1,150 503 1,145 1,532 643
Dividends declared 260 215 174 133 112
Cash flows          
 

Normalized funds from operations (2)

470

472

402

281

219

($ per basic share, except shares outstanding and debt to capitalization ratio)

Normalized EBITDA (2)

4.22 4.31 4.38 3.55 3.16
Net income - basic 0.07 0.75 1.56 1.07 0.98
Net income - diluted 0.07 0.74 1.52 1.06 0.97
Normalized net income (2) 1.02 1.30 1.51 1.15 1.07
Dividends declared 1.89 1.69 1.50 1.40 1.34
Cash flows          
  Normalized funds from operations (2) 3.41 3.72 3.47 2.96 2.61
Shares outstanding - basic (millions)          
  During the period (3) 138 127 116 95 84
  End of period 146 134 122 105 89
Debt-to-total capitalization ratio (%) 48 45 53 57 50

 

Notes:

(1) Financial information for 2011 was restated for the adoption of U.S. Generally Accepted Accounting Principles (GAAP).
(2) Non-GAAP financial measure; see discussion in Non-GAAP Financial Measures section of the MD&A.
(3) Weighted average.