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CONSOLIDATED STATEMENTS OF EARNINGS - CAD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating revenues    
Total operating revenues $ 12,187 $ 12,013
Operating expenses    
Operating and administrative 1,559 1,600
Depreciation and amortization 932 882
Total operating expenses 9,639 10,500
Operating income/(loss) 2,548 1,513
Income from equity investments 395 163
Impairment of equity investments (Note 8) 0 (1,736)
Other income/(expense)    
Net foreign currency gain/(loss) 152 (956)
Other 59 (191)
Interest expense (657) (706)
Earnings/(loss) before income taxes 2,497 (1,913)
Income tax (expense)/recovery (Note 10) (483) 549
Earnings/(loss) 2,014 (1,364)
(Earnings)/loss attributable to noncontrolling interests (22) 31
Earnings/(loss) attributable to controlling interests 1,992 (1,333)
Preference share dividends (92) (96)
Earnings/(loss) attributable to common shareholders $ 1,900 $ (1,429)
Earnings/(loss) per common share attributable to common shareholders (in Canadian dollars per share) $ 0.94 $ (0.71)
Diluted earnings/(loss) per common share attributable to common shareholders (in Canadian dollars per share) $ 0.94 $ (0.71)
Commodity sales    
Operating revenues    
Total operating revenues $ 6,429 $ 7,389
Operating expenses    
Commodity costs and Gas distribution costs 6,198 7,163
Transportation and other services    
Operating revenues    
Total operating revenues 4,218 3,208
Gas distribution revenue    
Operating revenues    
Total operating revenues 1,540 1,416
Operating expenses    
Commodity costs and Gas distribution costs $ 950 $ 855