ENBRIDGE INC. (ENB) FY2024 Q1 P&L / Income Statement

ENBRIDGE INC. (ENB) FY2024 Q1 P&L / Income Statement

Income statement for 2024-01-01 through 2024-03-31. View: Product and service. Revenue and costs use their disclosed categories.

Total operating revenues (Note 3)

11,038,000,000 US dollars

Cost of revenue (calculated)

5,000,000,000 US dollars

Gross profit (calculated)

6,038,000,000 US dollars

Operating expenses (calculated)

3,327,000,000 US dollars

Operating income

2,711,000,000 US dollars

Other income (expense), net (calculated)

negative 760,000,000 US dollars

Earnings before income taxes

1,951,000,000 US dollars

Income tax expense

386,000,000 US dollars

Earnings

1,565,000,000 US dollars

Commodity sales revenue

4,145,000,000 US dollars

Gas distribution sales revenue

1,699,000,000 US dollars

Transportation and other services

5,194,000,000 US dollars

Commodity sales cost of revenue

4,006,000,000 US dollars

Gas distribution sales cost of revenue

994,000,000 US dollars

Operating and administrative

2,134,000,000 US dollars

Depreciation and amortization

1,193,000,000 US dollars

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.
• Of which attributable to ENBRIDGE INC.: $1.51 B; to noncontrolling interests: $53.00 M.