| (millions of dollars, except per unit amounts) |
|
|
|
|
| Year ended December 31, |
|
2006 |
|
2005 |
| Revenues |
|
254.4 |
|
249.0 |
| Expenses |
|
|
|
|
| Operating and maintenance |
|
60.5 |
|
54.0 |
| Management and administrative |
|
4.3 |
|
3.7 |
| Capital taxes |
|
1.3 |
|
1.8 |
| Depreciation and amortization |
|
78.0 |
|
77.5 |
| Accretion on asset retirement obligations |
|
0.5 |
|
0.4 |
| |
|
144.6 |
|
137.4 |
| |
|
109.8 |
|
111.6 |
| Other Income and Expense |
|
1.0 |
|
0.6 |
| Interest Expense (Note 12) |
|
(60.1) |
|
(61.8) |
| ECT Preferred Unit Distributions (Note 13) |
|
(35.2) |
|
(34.6) |
| |
|
15.5 |
|
15.8 |
| Tax Recovery/(Expense) (Note 17) |
|
|
|
|
| Current |
|
(0.4) |
|
(4.8) |
| Future |
|
20.2 |
|
4.2 |
| |
|
19.8 |
|
(0.6) |
| Earnings |
|
35.3 |
|
15.2 |
| |
|
|
|
|
| Basic and Diluted Earnings per Trust Unit |
|
1.02 |
|
0.44 |
| The accompanying notes to the consolidated financial statements are an integral part of these statements. |
