| (millions of Canadian dollars) |
2004 |
2003 |
| Assets |
|
(restated
note 2) |
| Current |
|
|
| Cash and cash equivalents |
38 |
98 |
| Accounts receivable (note 11) |
836 |
760 |
| Inventories (note 4) |
78 |
100 |
| Prepaid expenses |
18 |
17 |
| |
970 |
975 |
| Accrued employee pension benefit asset (note 18) |
61 |
63 |
| Other assets |
64 |
76 |
| Goodwill (note 3) |
466 |
473 |
| Property, plant and equipment (note 5) |
10,847 |
10,193 |
| |
11,438 |
10,805 |
| Total assets |
12,408 |
11,780 |
| Liabilities |
|
|
| Current |
|
|
| Accounts payable and accrued liabilities (notes 6 and 9) |
1,302 |
1,064 |
| Income and other taxes payable |
341 |
154 |
| |
1,643 |
1,218 |
| Deferred credits (notes 11 and 19) |
105 |
57 |
| Asset retirement obligations (note 6) |
1,272 |
1,157 |
| Long-term debt (note 7) |
2,457 |
2,203 |
| Future income taxes (note 15) |
2,100 |
2,127 |
| |
5,934 |
5,544 |
Contigencies and commitments (notes 11 and 12)
|
|
|
| Shareholders' equity |
|
|
| Preferred securities (note 8) |
- |
431 |
| Common shares (note 9) |
2,666 |
2,725 |
| Contributed surplus (note 9) |
71 |
73 |
| Cumulative foreign currency translation (notes 9 and 10) |
(150) |
(114) |
| Retained earnings |
2,244 |
1,903 |
| |
4,831 |
5,018 |
| Total liabilities and shareholders' equity |
12,408 |
11,780 |
