Content
Consolidated Statements of Financial position
|
(millions of dollars) Year ended December 31, |
2007 |
2006 |
|---|---|---|
ASSETS |
|
|
Current Assets |
|
|
Cash and cash equivalents |
14.7 |
17.4 |
Accounts receivable and other |
32.8 |
27.5 |
|
47.5 |
44.9 |
Property, Plant and Equipment (Note 8) |
1,329.0 |
1,349.0 |
Intangible Assets (Note 9) |
96.4 |
101.9 |
Goodwill |
308.1 |
308.1 |
Deferred Amounts and Other Assets (Note 7) |
75.0 |
60.3 |
Future Income Taxes (Note 17) |
2.8 |
3.1 |
|
1,858.8 |
1,867.3 |
LIABILITIES AND UNITHOLDERS' EQUITY |
|
|
Current Liabilities |
|
|
Accounts payable and accrued liabilities |
39.6 |
32.0 |
Distributions payable |
2.8 |
2.8 |
Current portion of non-recourse long-term debt (Note 11) |
28.7 |
26.1 |
|
71.1 |
60.9 |
Long-Term Debt (Note 10) |
284.2 |
259.0 |
Non-Recourse Long-Term Debt (Note 11) |
761.1 |
781.3 |
ECT Preferred Units (Note 13) |
380.2 |
380.2 |
Long-Term Liabilities |
11.0 |
4.8 |
Asset Retirement Obligations (Note 14) |
7.9 |
7.9 |
Future Income Taxes (Note 17) |
64.2 |
75.9 |
|
1,579.7 |
1,570.0 |
Unitholders' Equity |
|
|
Trust units (Note 15) |
333.4 |
333.4 |
Deficit |
(48.1) |
(36.1) |
Accumulated other comprehensive loss |
(6.2) |
- |
|
279.1 |
297.3 |
|
1,858.8 |
1,867.3 |
The accompanying notes to the consolidated financial statements are an integral part of these statements.
Approved by the Trustees of Enbridge Commercial Trust on behalf of Enbridge Income Fund:
 |
 |
Catherine M. Best |
Richard H. Auchinleck |
Trustee |
Trustee |