CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (unaudited)
For the Six Months Ended June 30
(millions)
Notes
2015
2014
Operating activities Net income and comprehensive income
$
54
$
46
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
9 9
(12)
2
(1)
(11)
Depreciation and amortization
42 24
40 18
Net finance expenses Other losses (gains)
3
(3)
110
92 81
Net change in non-cash working capital related to operations
11
59
Cash provided by operating activities
169
173
Investing activities Additions to intangible assets
(5)
(2)
Additions to property, plant and equipment
(69)
(78)
Decommissioning costs
(1)
-
Cash used in investing activities
(75)
(80)
Financing activities Debt retirement funds installments Debt retirement funds redemptions
(7)
(7)
-
6
Decrease in short-term debt
(115)
(234)
Dividends paid
(13)
(16)
Proceeds from long-term debt Repayment of long-term debt
7
62
246
-
(50) (24) (79)
Interest paid
(25) (98)
Cash used in financing activities
(Decrease) increase in cash and cash equivalents
(4)
14
Cash and cash equivalents, beginning of period
5
-
Cash and cash equivalents, end of period
$
1
$
14
16
2015 SECOND QUARTER REPORT
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