CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (unaudited)
For theThree Months Ended March 31
(millions)
Notes
2015
2014
Operating activities Net income and comprehensive income
$
55
$
63
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
(5)
(11) (11)
9 9
-
21
Depreciation and amortization
20
8 3
Net finance expenses
9
Other losses
-
82
70 10 80
7
Net change in non-cash working capital related to operations
11
89
Cash provided by operating activities
Investing activities Additions to intangible assets
(1)
(1)
(30) (31)
Additions to property, plant and equipment
(29) (30)
Cash used in investing activities
Financing activities Debt retirement funds installments
(3)
(3)
(99)
Decrease in short-term debt
(267)
(3)
Dividends paid
(10)
62
Proceeds from long-term debt
7
246
(10) (53)
Interest paid
(10) (44)
Cash used in financing activities
Increase in cash and cash equivalents
5
6
Cash and cash equivalents, beginning of period
5
-
Cash and cash equivalents, end of period
$
10
$
6
(See accompanying notes)
15
2015 FIRST QUARTER REPORT
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