CIBC Whistler Institutional Investor Conference January 24, 2013 Russ Girling, President & CEO
Non-GAAP Measures TransCanada uses the measures Comparable Earnings, Comparable Earnings per Share, Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA), Comparable EBITDA, Funds Generated from Operations, and Funds…
Leading North American Energy Infrastructure Company One of North Americas Largest Natural Gas Pipeline Networks 68,500 km (42,500 mi) of pipeline 14 Bcf/d or 20% of demand Third Largest Natural Gas Storage Operator 406 Bcf of…
Our Progress Over the Last Year 9 2.3 billion Gulf Coast Project under construction 9 5.4 billion Keystone XL Project continues to advance 9 3.4 billion of assets placed into service 9 16 billion of new investment opportunities…
15 Billion of Assets Expected to be In-Service by 2015 Capital Cost* Expected Total Invested In-Service Revenue Project (Billions) to Date Date Stream Bruce Power (Units 1 & 2) 2.4 2.4 Completed Fully Contracted Cartier Wind (Phase V)…
20132015 Funding Program Outlook Billions 15 14 Cash 13 Senior Debt 12 Preferred Shares Hybrid Securities 11 LP Drop Downs 10 Portfolio Mgmt 9 8 Capital 7 Program 6 Funds 5 from Operations 4 (net of dividends) 3 2…
15 Billion Capital Program Drives Growth EBITDA Outlook Funds Generated from Operations Outlook Billions Billions 6 6 5 30% 5 13% 4 4 24% 22% 3 3 21% 17% 2 2 1 42% 31% 1 0 0 2011A 2015E 2011A 2015E Cdn. Gas Pipelines…
West Coast LNG Pipeline Projects Coastal GasLink Approx. 4 billion investment Initial capacity of more than 1.7 Bcf/d Serve LNG facility proposed by Shell, Korea Gas, Mitsubishi and PetroChina Estimated to be in-service toward…
Our Value Proposition Track Record of Delivering Shareholder Value 13.3% average annual return over the last 12 years Visible Attractive Strong Growth Dividend Financial Position 25 billion of 3.6% yield Capacity to fund…
CIBC Whistler Institutional Investor Conference January 24, 2013 Russ Girling, President & CEO