Company: ENBSF
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000895728-25-000012
Chunk: 44

Company: ENBRIDGE INC
Filing Date: 2025-05-09
Form: 10-Q
Item: Item 1
Chunk 44
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 5,627 4,841 3,552 1,278 30 20,034 Foreign exchange contracts - British pound (GBP) forwards - sell (millions of GBP)23 28 32 — — 83 Foreign exchange contracts - Euro forwards - sell (millions of Euro)93 121 81 67 66 129 557 Foreign exchange contracts - Japanese yen forwards - purchase (millions of yen)84,800 — — — — — 84,800 Interest rate contracts - short-term pay fixed rate (millions of Canadian dollars)1,469 1,737 676 49 13 — 3,944 Interest rate contracts - long-term pay fixed rate (millions of Canadian dollars)12,883 1,384 — — — — 4,267 Interest rate contracts - costless collar (millions of Canadian dollars)1,520 1,314 846 36 — — 3,716 Commodity contracts - natural gas (billions of cubic feet)293 87 42 14 4 2 242 Commodity contracts - crude oil (millions of barrels)21 5 (3)1 1 1 6 Commodity contracts - power (megawatt per hour (MW/H))118 107 51 30 30 — 64 31Represents the notional amount of long-term debt issuances hedged.2Represents the notional amount of net purchase/(sale). 3Total is an average net purchase/(sale) of power.

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Derivatives Designated as Fair Value HedgesThe following table presents foreign exchange derivative instruments that are designated and qualify as fair value hedges. The realized and unrealized gain or loss on the derivative is included in Other income/(expense) or Interest expense in the Consolidated Statements of Earnings. The offsetting loss or gain on the hedged item attributable to the hedged risk is included in Other income/(expense) in the Consolidated Statements of Earnings. Any excluded components are included in the Consolidated Statements of Comprehensive Income.Three months endedMarch 31,20252024(millions of Canadian dollars)Unrealized loss on derivative(42)(63)Unrealized gain on hedged item50 74 Realized gain on derivative61 59 Realized loss on hedged item(