Financial Highlights

 

($ millions except per share amounts)

2016

2015

2014

2013

2012

2011

           

Restated(1)

Revenue 2,190 2,193 2,406
2,043
1,450
1,280
Normalized EBITDA(1) 701 582 546 509 337 266
  Gas 163 172 238 185 154 156
  Power 285 177 107 146 103 99
  Utilities 277 257 230 207 107 39
  Corporate (24) (24) (29) (29) (27) (28)
Net income applicable to common shares 155 10 96 182 102 83
Normalized net income (1) 153 140 165 176 110 90
Total assets 10,201 10,100 8,396 7,271 5,920 3,545
Total long-term liabilities 4,589 4,949 4,058 3,715 3,357 1,627
Net additions to property, plant and equipment 405 1,150 503 1,145 1,532 643
Dividends declared 320 260 215 174 133 112
Cash flows            
 

Normalized funds from operations (1)

554

470

472

402

281

219

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

Net income - basic 0.99 0.07 0.75 1.56 1.07 0.98
Net income - diluted 0.99 0.07 0.74 1.52 1.06 0.97
Normalized net income (1) 0.98 1.02 1.30 1.51 1.15 1.07
Dividends declared 2.03 1.89 1.69 1.50 1.40 1.34
Cash flows            
  Normalized funds from operations (1) 3.52 3.41 3.72 3.47 2.96 2.61
Shares outstanding - basic (millions)            
  During the period (2) 157 138 127 116 95 84
  End of period 167 146 134 122 105 89
Debt-to-total capitalization ratio (%) 46 48 45 53 57 50

 

Notes:

(1) Non-GAAP financial measure; see discussion in Non-GAAP Financial Measures section of the MD&A.
(2) Weighted average.