CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
For the Twelve Months Ended December 31
(millions)
Notes
2015
2014
(unaudited)
(audited)
Operating activities Net income and comprehensive income
$
85
$
(33)
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
(1)
11 11
75 12 83 37
1
87 49
Depreciation and amortization
Net finance expenses
6
Other losses (gains) on disposal of assets
(1)
(1)
Employee future benefits paid in excess of expense
-
-
Other non-cash items
(1)
226
172
34
Net change in non-cash working capital related to operations
13
76
260
Cash provided by operating activities
248
Investing activities Additions to intangible assets
(12)
(7)
(202)
Additions to property, plant and equipment
(279)
(3)
Decommissioning costs
(3)
2
Net proceeds on disposal of assets Cash used in investing activities
6
(215)
(283)
Financing activities Debt retirement funds installments Debt retirement funds redemptions Increase (decrease) in short-term debt
(9)
(10)
7
6
26
(81) (24)
(33)
Dividends paid
62
Proceeds from long-term debt Repayment of long-term debt
9 9
246
(50) (50) (47)
(50) (47)
Interest paid
Cash (used in) provided by financing activities
40
(Decrease) increase in cash and cash equivalents
(2)
5
Cash and cash equivalents, beginning of period
5
-
Cash and cash equivalents, end of period
$
3
$
5
17
2015/2016 FOURTH QUARTER REPORT
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