Financial Highlights

 

($ millions except per share amounts)

2017 2016

2015

2014

2013

Revenue 2,556 2,190 2,193 2,406
2,043
Normalized EBITDA(1) 797 701 582 546 509
  Gas 221 163 172 238 185
  Power 303 285 177 107 146
  Utilities 298 277 257 230 207
  Corporate (25) (24) (24) (29) (29)
Net income applicable to common shares 30 155 10 96 182
Normalized net income (1) 204 153 140 165 176
Total assets 10,032 10,201 10,100 8,396 7,271
Total long-term liabilities 4,578 4,589 4,949 4,058 3,715
Net additions to property, plant and equipment 388 405 1,150 503 1,145
Dividends declared 362 320 260 215 174
Cash flows          
 

Normalized funds from operations (1)

615 554

470

472

402

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

Net income - basic 0.18 0.99 0.07 0.75 1.56
Net income - diluted 0.18 0.99 0.07 0.74 1.52
Normalized net income (1) 1.19 0.98 1.02 1.30 1.51
Dividends declared 2.12 2.03 1.89 1.69 1.50
Cash flows          
  Normalized funds from operations (1) 3.60 3.52 3.41 3.72 3.47
Shares outstanding - basic (millions)          
  During the period (2) 171 157 138 127 116
  End of period 175 167 146 134 122
Debt-to-total capitalization ratio (%) 44 46 48 45 53

 

Notes:

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