v3.26.3
CONSOLIDATED STATEMENTS OF EARNINGS - CAD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Operating revenues        
Total operating revenues (Note 3) $ 21,077 $ 14,639 $ 72,752 $ 48,017
Operating expenses        
Operating and administrative 2,465 2,483 7,394 7,264
Depreciation and amortization 1,490 1,398 4,352 4,197
Impairment of long-lived assets (Note 4) 0 0 0 330
Total operating expenses 18,939 12,368 64,479 39,785
Operating income 2,138 2,271 8,273 8,232
Income from equity investments 517 451 1,590 1,690
Other income/(expense) (Note 13) 273 (297) 59 1,192
Interest expense (1,049) (1,262) (3,666) (3,777)
Earnings before income taxes 1,879 1,163 6,256 7,337
Income tax expense (438) (316) (1,467) (1,679)
Earnings 1,441 847 4,789 5,658
Earnings attributable to noncontrolling interests and redeemable noncontrolling interests (46) (59) (115) (227)
Earnings attributable to controlling interests 1,395 788 4,674 5,431
Preference share dividends (107) (106) (319) (311)
Earnings attributable to common shareholders $ 1,288 $ 682 $ 4,355 $ 5,120
Earnings per common share attributable to common shareholders (Note 5) $ 0.59 $ 0.3 $ 2 $ 2.34
Diluted earnings per common share attributable to common shareholders (Note 5) $ 0.59 $ 0.3 $ 1.99 $ 2.33
Commodity sales / costs        
Operating revenues        
Total operating revenues (Note 3) $ 14,851 $ 8,396 $ 50,628 $ 26,069
Operating expenses        
Commodity costs and Gas distribution costs 14,736 8,207 49,979 25,550
Gas distribution sales / costs        
Operating revenues        
Total operating revenues (Note 3) 1,338 1,303 7,318 6,765
Operating expenses        
Commodity costs and Gas distribution costs 248 280 2,754 2,444
Transportation and other services        
Operating revenues        
Total operating revenues (Note 3) $ 4,888 $ 4,940 $ 14,806 $ 15,183