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Enbridge Income Fund Holdings Inc. Announces Fourth Quarter Results; Declares Monthly Dividend

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SELECTED FINANCIAL AND OPERATING HIGHLIGHTS

ENBRIDGE INCOME FUND            Three months ended                Year ended HOLDINGS INC.                        December 31,              December 31,                        ----------------------------------------------------                                 2012         2011         2012         2011----------------------------------------------------------------------------(millions of Canadian dollars, except share and per share amounts)Earnings                         16.6         16.8         59.8         37.3 Earnings per common  share, basic and  diluted                 $      0.39  $      0.46  $      1.48  $      1.33Cash provided by operating activities            14.0         12.5         53.1         35.7Dividends declared               15.9         13.1         52.8         34.8 Dividends per common  share                   $     0.317  $     0.302  $     1.244  $     1.166Number of common shares outstanding                                         51,723,000   39,741,000----------------------------------------------------------------------------ENBRIDGE INCOME              Three months ended                 Year ended FUND(1)                           December 31,                December 31,                    --------------------------------------------------------                             2012       2011(3)          2012       2011(3)----------------------------------------------------------------------------(millions of Canadian dollars, except unit and per unit amounts)Earnings  Green Power                13.8          14.9          70.7          16.8  Liquids   Transportation   and Storage               13.6          11.8          50.3          47.2  Alliance Canada            12.6          13.0          51.3          54.2  Corporate                 (30.2)        (26.3)       (116.4)        (64.9)  Retrospective   Adjustments(2)             5.6          14.5          31.9          94.2----------------------------------------------------------------------------                             15.4          27.9          87.8         147.5Cash available for distribution(3)  Green Power                26.5          23.9         121.4          27.2  Liquids   Transportation   and Storage               18.5          20.2          74.2          78.2  Alliance Canada            16.5          17.5          70.9          71.9  Corporate                 (17.7)        (11.2)        (70.9)        (43.0)----------------------------------------------------------------------------                             43.8          50.4         195.6         134.3Cash provided by operating activities(2)               58.3         102.8         266.7         338.5Cash distributions declared                    42.2          36.9         154.4         112.3  Distributions per   trust unit and   ECT preferred   unit               $     0.376   $     0.357   $     1.462   $     1.392Number of units outstanding  ECT preferred   units                                           67,233,750    54,074,750  Trust units                                      61,223,000    49,241,000Operating Results Green Power  (thousands of  megawatt hours  produced)  Wind Projects             265.2         239.1         877.1         301.5  Solar Projects             15.8          12.9         128.0          12.9  NRGreen (50%)              18.2          18.9          70.6          69.6 Liquids  Transportation and  Storage (thousands  of barrels per  day)  Westspur System           173.6         225.5         182.4         200.2  Saskatchewan   Gathering System         123.4         147.2         129.8         135.4  Weyburn System             30.8          32.5          31.5          31.0  Virden System              22.3          18.1          23.2          18.4 Alliance Canada  (millions of cubic  feet per day)           1,561.0       1,562.0       1,553.0       1,564.0--------------------------------------------------------------------------------------------------------------------------------------------------------(1) Financial Highlights for Enbridge Income Fund have been extracted from    financial statements prepared in accordance with U.S. GAAP.(2) In accordance with U.S. GAAP, earnings and cash provided by operating    activities for all 2012 and 2011 periods have been retrospectively    adjusted to furnish comparative information related to the 2012    Acquisition and the 2011 Acquisition. Financing charges have not been    retrospectively adjusted. The impact of the retrospective adjustments    has been eliminated from CAFD as these cash flows were not available to    distribute to unitholders.(3) See Non-GAAP Measures.




Contacts:
Enbridge Income Fund Holdings Inc.
Media
Jennifer Varey
(403) 508-6563
jennifer.varey@enbridge.com

Enbridge Income Fund Holdings Inc.
Investment Community
Teri Majer
(403) 508-3185
teri.majer@enbridge.com
www.enbridge.com





Source: Marketwire


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