Notes to the Consolidated Financial Statements
13. Property, Plant and Equipment
Transmission and Storage Compression
Computer Hardware
Construction in Progress
(millions)
Total
Distribution
Other *
COST Balance, April 1, 2022 $ 1,891 $ 1,763 $ 507 $ 213 $
54 $ 4,448
20 $
348
Additions Disposals
86
29
12
10
4
207
(2)
(20) (18)
-
(2) (1)
(4) (4)
(12)
- - -
Adjustments
(11)
(2)
-
(144)
Transfers
(3)
-
-
-
(141)
4,614
Balance, March 31, 2023
1,963
1,789
511
209
24
118 245
487
Additions Disposals
101
114
10
16
1
(24)
(4)
(5)
-
(11)
(2)
(2)
8
Adjustments Impairments
3
3
2
- -
- - -
- -
(3)
- -
(2)
(1)
(241)
Transfers
-
-
1
(242)
4,841
Balance, March 31, 2024 ACCUMULATED DEPRECIATION Balance, April 1, 2022
2,063
1,899
522
215
23
119
1,504
591
600
195
101
17
- - - - - - - -
112
Depreciation Adjustments
45
41
18
8
- - -
(2)
-
-
-
(2)
(20)
Disposals
(3)
(2)
(5)
(10)
1,594
Balance, March 31, 2023
633
639
208
97
17
116
Depreciation
46
44
18
8
-
(19)
Disposals
(4)
(5)
-
(9)
(1)
1,691
Balance, March 31, 2024
675
678
226
96
16
CARRYING AMOUNTS Balance, March 31, 2023 $ 1,330 $ 1,150 $ 303 $ 112 $ Balance, March 31, 2024 $ 1,388 $ 1,221 $ 296 $ 119 $
7 $ 118 $ 3,020
119 $ 3,150
7 $
*Other is primarily comprised of vehicles and equipment
The prior year carrying amounts above include Assets Held for Sale (Note 10). The annualized composite rate of depreciation was 2.5 per cent during the period (2023 - 2.5 per cent). Impairment losses totaling $3 million (2023 - $nil) were recognized on Transmission and Storage and Compression assets as decommissioning liabilities pertaining to forecasted abandonment activities of impaired assets were increased.
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