Content
Consolidated Statements of Earnings
|
(millions of dollars, except per unit amounts) Year ended December 31, |
2008 |
2007 |
|---|---|---|
Revenues |
297.0 |
270.8 |
Expenses |
||
Operating and maintenance |
93.4 |
73.2 |
Management and administrative |
6.5 |
4.8 |
Depreciation and amortization |
85.8 |
81.8 |
|
185.7 |
159.8 |
|
111.3 |
111.0 |
Other Income and Expense |
7.5 |
1.2 |
Interest Expense (Note 10) |
(59.9) |
(61.8) |
ECT Preferred Unit Distributions (Note 11) |
(39.2) |
(36.5) |
|
19.7 |
13.9 |
Income Tax Recovery (Note 17) |
2.2 |
7.2 |
Earnings |
21.9 |
21.1 |
Basic and Diluted Earnings per Trust Unit (Note 13) |
0.63 |
0.61 |
The accompanying notes to the consolidated financial statements are an integral part of these statements.