Enbridge Inc. · TSX:ENB
Enbridge — Q2 2007 Earnings Presentation
6 slides from Enbridge's earnings presentation, Aug 1, 2007
Slide 1: 2007 Second Quarter Financial Results
2007 Second Quarter Financial Results August 1, 2007 Pat Daniel President and CEO Steve Wuori Executive Vice President, CFO and Corporate Development Outline Key Messages and Strategic Update Pat Daniel Financial Results Steve Wuori Question & Answer Period 22 1
Slide 2: Legal Notice / Key Message
Legal Notice Certain information provided in this presentation constitutes forward-looking statements. The words "anticipate", "expect", "project“, “estimate”, “forecast” and similar expressions are intended to identify such forward looking statements. Although Enbridge believes that these statement
Slide 3: Strategic Update: Liquids Pipelines Project Risk/Return Portfolio
Strategic Update $9 Billion Liquids Projects Moving Forward – Includes Southern Access, Alberta Clipper, Southern Lights – Commercially “locked-in” – Moving to construction Manage Capital Costs – Contractors/materials – Pipe costs “locked-in” – Project co-ordination/management Attractive ROE’s – Low
Slide 4: Earnings Growth Acceleration
Earnings Growth Acceleration Enbridge Liquids Pipelines Segment EEP Liquids Pipelines Segment New Business Net Income Contribution New Business Operating Income Contribution $ Millions US $ Millions 350 350 Other Other secured Other Alberta Alberta Clipper & Line 4 Clipper Southern Access Southern L
Slide 5: Financial Results / Diversified Segment Contributions
Financial Results Reported Earnings Adjusted Earnings* ($ Millions) ($ Millions) YTD YTD YTD YTD $373.5 $348.8 $358.9 $328.2 146.5 Q2 129.5 Q2 Q2 157.9 Q2 118.7 227 229.4 Q1 209.5 Q1 Q1 190.9 Q1 2007 2006 2007 2006 *Please refer to Non-GAAP Measures disclosure in news release. 99 Diversified Segment
Slide 6: Key Takeaways
Key Takeaways Acceleration in earnings growth driven primarily by the build-out of crude oil pipeline system Earnings growth supported by diversified business platform that continues to deliver solid financial results Earnings growth mostly locked in commercially, subject to regulatory approvals Bui