Company: ENBSF
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000895728-25-000006
Chunk: 86

Company: ENBRIDGE INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 86
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3,693)(16)(29,204)Operating and administrative(4,318)(2,254)(1,289)(255)(8,116)Impairment of long-lived assets(258)— — (235)(493)Impairment of goodwill — (2,465)— — (2,465)Income from equity investments785 1,133 1 141 2,060 Gain on joint venture merger transaction (Note 13)— 1,076 — — 1,076 Other income53 210 79 45 387 Earnings before interest, income taxes and depreciation and amortization7,941 3,126 1,827 262 13,156 Eliminations and Other(1,118)Depreciation and amortization(4,317)Interest expense (Note 17)(3,179)Earnings before income taxes4,542 1Refer to Note 4 - Revenue for a reconciliation of segment Operating revenues to the Consolidated Statements of Earnings.2The Liquids Pipelines segment includes the impact of a gain resulting from the derecognition of a net regulatory liability due to the discontinuance of regulatory accounting for our Southern Lights Pipeline (Note 7).

131

Capital Expenditures1Year ended December 31,202420232022(millions of Canadian dollars)   Liquids Pipelines1,157 1,158 1,418 Gas Transmission2,571 1,944 1,690 Gas Distribution and Storage2,386 1,451 1,499 Renewable Power Generation661 100 50 Eliminations and Other59 55 33  6,834 4,708 4,690 1Includes the equity component of the AFUDC.Property, Plant and EquipmentYear ended December 31,202420232022(millions of Canadian dollars)   Liquids Pipelines53,863 51,855 53,573 Gas Transmission34,683 31,016 29,666 Gas Distribution and Storage38,636 18,766 17,857 Renewable Power Generation3,612 2,706 3,082 Eliminations and Other310 298 282  131,104 104,641 104,460 The measurement basis for preparation of segmented information is consistent with our significant accounting policies (Note 2).GEOGRAPHIC INFORMATION