New Financial Reporting Format Investment Community Presentation 22 April 2016 John Whelen, Executive Vice President & CFO Wanda Opheim, Senior Vice President, Finance
New Financial Reporting Format SLIDE 3 CHANGES IMPACTS MD&A FINANCIAL PRESENTATION STATEMENT NOTES Amended segments and segmented reporting Liquids Pipelines Gas Distribution Gas Pipelines & Processing Green Power &…
Benefits of Financial Reporting Format Changes SLIDE 4 1) Better aligned with management of the business and internal decision making 2) Clearly provides operating performance of the underlying business Increased transparency…
Old versus New Segmentation SLIDE 5 OLD SEGMENTS (December 31, 2015) NEW SEGMENTS Liquids Pipelines Liquids Pipelines Gas Distribution Gas Distribution Gas Pipelines, Processing & Energy Services Gas Pipelines & Processing Sponsored…
Updated Segmentation Asset Mapping Liquids Pipelines SLIDE 6 OLD SEGMENTS (December 31, 2015) NEW SEGMENT Sponsored Investments Liquids Pipelines The Fund Group Canadian Mainline Liquids Pipelines: Canadian Mainline Regional Oil Sands…
Updated Segmentation Asset Mapping Gas Distribution SLIDE 7 OLD SEGMENTS (December 31, 2015) NEW SEGMENT Gas Distribution Gas Distribution Enbridge Gas Distribution Enbridge Gas Distribution Other Gas Distribution and Storage Noverco…
Updated Segmentation Asset Mapping Gas Pipelines & Processing SLIDE 8 OLD SEGMENTS (December 31, 2015) NEW SEGMENT Sponsored Investments Gas Pipelines & Processing The Fund Group Aux Sable Liquids Pipelines Alliance Gas Pipelines:…
Updated Segmentation Asset Mapping Green Power & Transmission SLIDE 9 OLD SEGMENTS (December 31, 2015) NEW SEGMENT Sponsored Investments Green Power & Transmission The Fund Group Aggregated results Liquids Pipelines Gas Pipelines…
Updated Segmentation Asset Mapping Energy Services SLIDE 10 OLD SEGMENTS (December 31, 2015) NEW SEGMENT Gas Pipelines, Processing & Energy Services Energy Services Aux Sable Canadian Midstream Aggregated results Vector Pipeline Energy…
New Reporting Segments Summary SLIDE 11 Liquids Gas Gas Pipelines Green Power & Energy Pipelines Distribution & Processing Transmission Services Eliminations & Other Canadian Mainline Enbridge Gas Aux Sable Aggregate results…
MD&A Performance Overview SLIDE 12 2015 Liquids Pipelines 3,384 Gas Distribution 446 Gas Pipelines & Processing 336 Green Power & Transmission 175 Energy Services 61 Eliminations & Other (246) Adjusted EBIT 4,156 Interest expense…
MD&A Performance Overview SLIDE 13 2015 Adjusted EBIT 4,156 Depreciation and amortization* 2,024 Maintenance capital* (720) Interest expense (1,273) Current income taxes (160) Preferred share dividends (288) Distributions to…
Enterprise Reporting Implications Effective January 1, 2016 SLIDE 14 Enbridge Inc. First quarter 2016 reporting package uses new financial reporting format Financial statements, MD&A and news release To be filed May 12, 2016 2015…
Supplemental Financial Information Package SLIDE 15 2014 and 2015 historical results under new financial reporting format Consolidated performance overview Segmented performance overview Reconciliation of Sponsored Investments…