ENBRIDGE INC. (ENB) FY2024 Annual P&L / Income Statement

ENBRIDGE INC. (ENB) FY2024 Annual P&L / Income Statement

Income statement for 2024-01-01 through 2024-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total operating revenues (Note 4)

53,473,000,000 US dollars

Cost of revenue (calculated)

29,040,000,000 US dollars

Gross profit (calculated)

24,433,000,000 US dollars

Operating expenses (calculated)

14,784,000,000 US dollars

Operating income

9,649,000,000 US dollars

Other income (expense), net (calculated)

negative 2,350,000,000 US dollars

Earnings before income taxes

7,299,000,000 US dollars

Income tax expense (Note 24)

1,668,000,000 US dollars

Earnings

5,631,000,000 US dollars

Liquids Pipelines

38,183,000,000 US dollars

Gas Transmission

6,199,000,000 US dollars

Gas Distribution and Storage

7,542,000,000 US dollars

Renewable Power Generation

514,000,000 US dollars

Commodity costs and Gas distribution costs

29,040,000,000 US dollars

Impairment of long-lived assets

190,000,000 US dollars

Operating and administrative

9,427,000,000 US dollars

Depreciation and amortization

5,167,000,000 US dollars

Impairment of goodwill

0 US dollars

Revenue before reconciliation (calculated)

52,438,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.

Eliminations and Other

1,035,000,000 US dollars. Reported reconciliation to consolidated revenue.

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
• Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
• Of which attributable to ENBRIDGE INC.: $5.44 B; to noncontrolling interests: $190.00 M.