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

- Company: ENBRIDGE INC. (ENB)
- Period: 2024-01-01 to 2024-03-31
- Filing: Q1 FY2024 10-Q, filed 2024-05-10, accession number 0000895728-24-000013
- Page: https://plicit.ai/financials/enb/fy2024-q1-income-statement
- Chart image: https://plicit.ai/charts/enb-fy2024-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

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.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/enb/fy2024-q1-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/enb-fy2024-q1-revenue-by-business-segment-sankey.png

Income statement for 2024-01-01 through 2024-03-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated 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
- **Liquids Pipelines**: 6,882,000,000 US dollars
- **Gas Transmission**: 1,572,000,000 US dollars
- **Gas Distribution and Storage**: 2,131,000,000 US dollars
- **Renewable Power Generation**: 131,000,000 US dollars
- **Commodity costs and gas distribution costs**: 5,000,000,000 US dollars
- **Operating and administrative**: 2,134,000,000 US dollars
- **Depreciation and amortization**: 1,193,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 10,716,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Eliminations and Other**: 322,000,000 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.: $1.51 B; to noncontrolling interests: $53.00 M.