Company: ENBSF
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000895728-25-000012
Chunk: 31

Company: ENBRIDGE INC
Filing Date: 2025-05-09
Form: 10-Q
Item: Item 1
Chunk 31
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 are excluded from the amounts above since future tolls remain unknown. Finally, revenues from contracts with customers which have an original expected duration of one year or less are excluded from the amounts above.

13

Recognition and Measurement of RevenuesThree months ended March 31, 2025Liquids PipelinesGas TransmissionGas Distribution and StorageRenewable Power Generation Consolidated(millions of Canadian dollars)    Revenues from products transferred at a point in time— 24 36 — 60 Revenues from products and services transferred over time13,173 1,653 3,881 42 8,749 Total revenue from contracts with customers3,173 1,677 3,917 42 8,809 Three months ended March 31, 2024Liquids PipelinesGas TransmissionGas Distribution and StorageRenewable Power GenerationConsolidated(millions of Canadian dollars)Revenues from products transferred at a point in time— 40 29 — 69 Revenues from products and services transferred over time13,086 1,479 2,087 57 6,709 Total revenue from contracts with customers3,086 1,519 2,116 57 6,778 1Revenue from crude oil and natural gas pipeline transportation, storage, natural gas gathering, compression and treating, natural gas distribution, natural gas storage services and electricity sales.

4.  SEGMENTED INFORMATION

Three months ended March 31, 2025Liquids PipelinesGas TransmissionGas Distribution and StorageRenewable Power GenerationTotal Reportable Segments(millions of Canadian dollars)     Operating revenues112,184 1,715 3,956 120 17,975 Commodity and gas distribution costs(8,850)(11)(1,634)3 (10,492)Operating and administrative(1,128)(524)(772)(78)(2,502)Income from equity investments368 232 1 132 733 Other income19 61 49 46 175 Earnings before interest, income taxes and depreciation and amortization2,593 1,473 1,600 223 5,889 Eliminations and Other40 Depreciation and amortization(1,408)Interest expense    (1,334)Earnings before income taxes   3,187 Three months ended March 31, 2024Liquids PipelinesGas TransmissionGas