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Monitoring at TransCanada’s Winchell Lake gas compressor station in Alberta.

Our vision is to be the leading energy infrastructure company in North America, focusing on pipeline and power generation opportunities in regions where we have or can develop a significant competitive advantage.

Financial Highlights 2014

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Comparable
earnings:
($2.42 per share)(1)
$1.7
billion
Net Income attributable
to common shares:
($2.46 per share)
$1.7
billion
Comparable earnings before
interest, taxes, depreciation
and amortization:
$5.5
billion (1)
Funds generated
from operations:
$4.3
billion (1)
Common share
dividends declared:
$1.92
per share
Capital expenditures,
equity investments and
acquisitions:
$4.9
billion
Comparable
earnings:
($2.42 per share)(1)
$1.7
billion
Net Income attributable
to common shares:
($2.46 per share)
$1.7
billion
Comparable earnings before
interest, taxes, depreciation
and amortization:
$5.5
billion(1)
Funds generated
from operations:
$4.3
billion(1)
Capital expenditures,
equity investments and
acquisitions:
$4.9
billion
Common share
dividends declared:
$1.92
per share
$1.7 billion
Net Income attributable
to common shares
($2.46 per share)
$1.7 billion
Comparable
earnings
($2.42 per share)(1)
$5.5 billion(1)
Comparable earnings before
interest, taxes, depreciation
and amortization
$4.9 billion
Capital expenditures,
equity investments and
acquisitions
$4.3 billion(1)
Funds generated
from operations
$1.92 per share
Common share
dividends declared
Annual Net Income per Share, Basic, in dollars from 2010 to 2014: 1.79 in year 2010; 2.17 in year 2011; 1.84 in year 2012; 2.42 in year 2013; 2.46 in year 2014.
Comparable Earnings per Share, in dollars, from 2010 to 2014: 1.96 in year 2010; 2.22 in year 2011; 1.89 in year 2012; 2.24 in year 2013; 2.42 in year 2014. Note: Non-GAAP measures do not have any standardized meaning prescribed by U.S. generally accepted accounting principles (GAAP). For more information see Non-GAAP measures in the Management’s Discussion and Analysis of the 2014 Annual Report.
Dividends Declared per Share, in dollars, from 2010 to 2014: 1.60 in year 2010; 1.68 in year 2011; 1.76 in year 2012; 1.84 in year 2013; 1.92 in year 2014.
Net Income Attributable to Common Shares, in millions of dollars, from 2010 to 2014: 1,233 in year 2010; 1,526 in year 2011; 1,299 in year 2012; 1,712 in year 2013; 1,743 in year 2014.
Over the past 15 years, we have grown our asset base from $26 billion to $59 billion and have developed an enviable footprint in Canada, the United States and Mexico.
Net Income Attributable to Common Shares, in millions of dollars, from 2010 to 2014: 1,233 in year 2010; 1,526 in year 2011; 1,299 in year 2012; 1,712 in year 2013; 1,743 in year 2014.
Comparable Earnings, in millions of dollars, from 2010 to 2014: 1,357 in year 2010; 1,559 in year 2011; 1,330 in year 2012; 1,584 in year 2013; 1,715 in year 2014. Note: Non-GAAP measures do not have any standardized meaning prescribed by U.S. generally accepted accounting principles (GAAP). For more information see Non-GAAP measures in the Management’s Discussion and Analysis of the 2014 Annual Report.
Comparable EBITDA, in millions of dollars, from 2010 to 2014: 3,686 in year 2010; 4,544 in year 2011; 4,245 in year 2012; 4,859 in year 2013; 5,521 in year 2014. Note: Non-GAAP measures do not have any standardized meaning prescribed by U.S. generally accepted accounting principles (GAAP). For more information see Non-GAAP measures in the Management’s Discussion and Analysis of the 2014 Annual Report.

We have invested over $40 billion in new assets since 2000 and our shareholders have been rewarded with an average annual return of 15 per cent.

Capital Spending, Equity Investments and Acquisitions, in millions of dollars, from 2010 to 2014: 4,973 in year 2010; 3,162 in year 2011; 3,464 in year 2012; 5,131 in year 2013; 4,854 in year 2014.
Average Common Shares Outstanding, in millions of shares, from 2010 to 2014: 691 in year 2010; 702 in year 2011; 705 in year 2012; 707 in year 2013; 708 in year 2014.
Funds Generated from Operations, in millions of dollars, from 2010 to 2014: 3,161 in year 2010; 3,451 in year 2011; 3,284 in year 2012; 4,000 in year 2013; 4,268 in year 2014. Note: Non-GAAP measures do not have any standardized meaning prescribed by U.S. generally accepted accounting principles (GAAP). For more information see Non-GAAP measures in the Management’s Discussion and Analysis of the 2014 Annual Report.
Closing Market Price on Toronto Stock Exchange, in dollars, from 2010 to 2014: 37.99 in year 2010; 44.53 in year 2011; 47.02 in year 2012; 48.54 in year 2013; 57.10 in year 2014.

A Recognized Leader

TransCanada aims to be on the industry’s leading edge of corporate social responsibility and sustainable practices. In 2014, our dedication did not go unnoticed:

  • Received a score at the 88th percentile on the Dow Jones Sustainability Index, and earned rankings on the DJSI North America and World indices.
  • Awarded a top score for our actions to disclose carbon emissions and our strategy to mitigate the business risks of climate change with the CDP (formerly the Carbon Disclosure Project).
  • Landed a spot on Canada’s Top 100 Corporate R&D Spenders list by Research Infosource Inc., Canada’s source of R&D intelligence.
  • Shortlisted for best overall governance by the Canadian Society of Corporate Secretaries and consistently ranked in the top 10 per cent by other governance assessments.
  • Received the Governance, Risk Management and Compliance (GRC) 20/20 Value Award, an acknowledgment for excellence in adapting financial audit software to improving internal project processes.

About Our Business

With over 60 years of experience, TransCanada is a leader in the responsible development and reliable operation of North American energy infrastructure including natural gas and liquids pipelines, power generation and natural gas storage facilities.

We operate our business in three segments – Natural Gas Pipelines, Liquids Pipelines and Energy. We also have a non-operational corporate segment consisting of corporate and administrative functions that provide support and governance to our operational business segments.

Our $59 billion portfolio of energy infrastructure assets meets the needs of people who rely on us to deliver their energy safely and reliably every day. We operate in seven Canadian provinces, 35 U.S. states and Mexico.

TransCanada at-a-glance

$59 billion in Assets

Liquid Pipelines

4,250km
(2,600 miles)

Natural Gas Pipelines

68,000km
(42,100 miles)
368 billion
cubic feet (bcf) gas storage capacity
19Power Generation
Facilities
10,900 

megawatts (MW)
generating capacity

People and Places: 6,059 employees

TransCanada At-A-Glance — Canada: 4,010 employees in 7 provinces; United States: 1,914 employees in 35 states; Mexico: 135 employees in 7 states.
TransCanada At-A-Glance — $59 billion in Assets; 4,250 km (2,600 miles) of Liquid Pipelines; 68,000 km (42,100 miles) of Natural Gas Pipelines; 368 billion cubic feet (bcf) of gas storage capacity; 19 Power Generation Facilities; 10,900 megawatts (MW) of generating capacity; People and Places: 6,059 employees; Canada: 4,010 employees in 7 provinces; United States: 1,914 employees in 35 states; Mexico: 135 employees in 7 states.