Company: ENBSF
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000895728-25-000006
Chunk: 60

Company: ENBRIDGE INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 60
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 equipment, net (Note 11)131,104 104,641 Long-term investments (Note 13)20,691 16,793 Restricted long-term investments and cash (Note 23)998 717 Deferred amounts and other assets11,034 8,041 Intangible assets, net (Note 14)4,587 3,537 Goodwill (Note 15)36,600 31,848 Deferred income taxes (Note 24)796 341 Total assets218,973 180,317 Liabilities and equity  Current liabilities  Short-term borrowings (Note 17)529 400 Trade payables and accrued liabilities 7,060 4,308 Other current liabilities (Note 16)7,241 5,659 Accounts payable to affiliates22 26 Interest payable1,231 958 Current portion of long-term debt (Note 17)7,729 6,084 23,812 17,435 Long-term debt (Note 17)93,414 74,715 Other long-term liabilities13,258 8,653 Deferred income taxes (Note 24)19,596 15,031 150,080 115,834 Commitments and contingencies (Note 30)EquityShare capital (Note 20)Preference shares6,818 6,818 Common shares (2,178 and 2,125 outstanding at December 31, 2024 and 2023, respectively)71,738 69,180 Additional paid-in capital275 268 Deficit(20,046)(17,115)Accumulated other comprehensive income (Note 22)7,115 2,303 Total Enbridge Inc. shareholders’ equity65,900 61,454 Noncontrolling interests (Note 19)2,993 3,029 68,893 64,483 Total liabilities and equity218,973 180,317 

Variable Interest Entities (VIEs) (Note 12)

The accompanying notes are an integral part of these consolidated financial statements.

111

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

INDEX

  PAGE1. Business Overview1132. Significant Accounting Policies1143. Changes in Accounting Policies1264. Revenue1265. Segmented Information1316. Earnings per Common Share1337. Regulatory Matters1338. Acquisitions and