CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (unaudited)
For the Nine Months Ended December 31
(millions)
Notes
2016
2015
Operating activities Net income and comprehensive income
$
131
$
30
Add (deduct) items not requiring an outlay of cash Net change in fair value of derivative instrument assets and liabilities Change in revaluation of natural gas in storage to net realizable value
(70) (27)
8 8
4 1
71 35
Depreciation and amortization
66 41
Net finance expenses
- -
Other losses on disposal of assets
3
Employee future benefits paid in excess of expense
(1)
140
144
(20)
Net change in non-cash working capital related to operations
10
27
120
Cash provided by operating activities
171
Investing activities Additions to intangible assets
(8)
(11)
(146)
Additions to property, plant and equipment
(172)
(2)
Decommissioning costs
(3)
-
Net proceeds on disposal of assets Cash used in investing activities
2
(156)
(184)
Financing activities Debt retirement funds installments Debt retirement funds redemptions
(7)
(6)
10 30
7
Increase in short-term debt
125
(21)
Dividends paid
(30)
133
Proceeds from long-term debt Repayment of long-term debt
6 6
-
(84) (37)
(50) (40)
Interest paid
24
Cash provided by financing activities
6
Decrease in cash and cash equivalents
(12)
(7)
Cash and cash equivalents, beginning of period
11
10
Cash and cash equivalents, end of period
$
(1)
$
3
16
2016-17 THIRD QUARTER REPORT
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