Content
Consolidated Statements of Earnings
|
(millions of dollars, except per unit amounts) Year ended December 31, |
2007 |
2006 |
|---|---|---|
Revenues |
270.8 |
254.4 |
Expenses |
|
|
Operating and maintenance |
73.2 |
61.8 |
Management and administrative |
4.8 |
4.3 |
Depreciation and amortization |
81.8 |
78.5 |
|
159.8 |
144.6 |
|
111.0 |
109.8 |
Other Income and Expense |
1.2 |
1.0 |
Interest Expense (Note 12) |
(61.8) |
(60.1) |
ECT Preferred Unit Distributions (Note 13) |
(36.5) |
(35.2) |
|
13.9 |
15.5 |
Income Tax Recovery (Note 17) |
7.2 |
19.8 |
Earnings |
21.1 |
35.3 |
Basic and Diluted Earnings per Trust Unit (Note 15) |
0.61 |
1.02 |
The accompanying notes to the consolidated financial statements are an integral part of these statements.