Company: ENBSF
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000895728-25-000006
Chunk: 59

Company: ENBRIDGE INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 59
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ure and term note repayments(6,633)(4,819)(4,198)Sale of noncontrolling interest in subsidiary (Note 8)— — 1,092 Contributions from noncontrolling interests4 11 13 Distributions to noncontrolling interests(333)(363)(259)Common shares issued, net of issue costs2,485 4,450 3 Common shares repurchased— (125)(151)Preference share dividends(387)(352)(338)Common share dividends(7,875)(7,276)(6,968)Redemption of preference shares— — (1,003)Net change in affiliate loan99 71 — Other(40)(85)(314)Net cash provided by/(used in) financing activities3,544 (2,864)(5,428)Effect of translation of foreign denominated cash and cash equivalents and restricted cash234 (216)55 Net change in cash and cash equivalents and restricted cash(3,985)5,078 587 Cash and cash equivalents and restricted cash at beginning of year5,985 907 320 Cash and cash equivalents and restricted cash at end of year12,000 5,985 907 Supplementary cash flow information  Cash paid for income taxes861 578 495 Cash paid for interest, net of amount capitalized4,134 3,380 2,920 Property, plant and equipment and intangible assets non-cash accruals1,251 813 937 

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

1 As at December 31, 2024, long-term restricted cash of $105 million (2023 and 2022 - nil) was included in Restricted long-term investments and cash in the Consolidated Statements of Financial Position.

110

ENBRIDGE INC.

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

December 31,20242023(millions of Canadian dollars; number of shares in millions)Assets  Current assets  Cash and cash equivalents1,803 5,901 Restricted cash92 84 Trade receivables and unbilled revenues 6,920 4,410 Other current assets (Note 9)2,770 2,440 Accounts receivable from affiliates90 85 Inventory (Note 10)1,488 1,479 13,163 14,399 Property, plant and