23. Comparative figures Certain of the 2016 comparative figures have been reclassified to conform to the current year’s presentation.
a. Intangible assets Mineral rights previously categorized as intangible assets have been reclassified to property, plant and equipment. The Corporation’s mineral rights were acquired to protect its storage facilities and more accurately reflect a cost of acquisition, rather than a separate intangible asset. This reclassification has resulted in a $2 million adjustment to the 2016 comparative figures. b. Trade and other payables Included within trade and other payables are specific other payables that span longer than the current period. The Corporation has updated the presentation on the consolidated statement of financial position to differentiate between the current and long-term portion of trade and other payables. This reclassification has resulted in a $4 million adjustment to the 2016 comparative figures. c. Natural gas sales and purchases Transport diversion deals were previously presented as natural gas purchases and have been reclassified to natural gas sales as this more accurately reflects the nature of the transactions. This reclassification has resulted in a $1 million adjustment to the 2016 comparative figures.
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Consolidated Financial Statements
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