TransCanada
2006
Annual Report 2006
Consolidated Financial Review
Selected Three-Year Consolidated Financial Data
Highlights
Segment Results-at-a-Glance
Results of Operations
Subsequent Events
Forward-Looking Information
Non-GAAP Measures
TransCanada Overview
TransCanada's Strategy
Outlook
Pipelines
Energy
Corporate
Discontinued Operations
Liquidity and Capital Resources
Contractual Obligations
Financial and Other Instruments
Risks and Risk Management
Controls and Procedures
Significant Accounting Policies and Critical Accounting Estimates
Accounting Changes
Selected Quarterly Consolidated Financial Data
Fourth Quarter 2006 Highlights
Share Information
Other Information
Glossary of Terms
 
Consolidated Financial Review
Selected Three-Year Consolidated Financial Data
     
  SELECTED THREE YEAR CONSOLIDATED FINANCIAL DATA(1)  
  (millions of dollars except per share amounts)  
 
    2006   2005   2004    
  Balance Sheet              
  Total assets 25,909 24,113 22,422  
  Total long-term liabilities 14,464 13,012 12,403  
  Income Statement              
  Revenues 7,520 6,124 5,497  
  Net income              
  Continuing operations 1,051   1,209   980    
  Discontinued operations 28   —   52    
  Total net income 1,079   1,209   1,032    
  Per Common Share Data              
  Net income — Basic              
  Continuing operations $2.15   $2.49   $2.02    
  Discontinued operations 0.06   —   0.11    
    $2.21   $2.49   $2.13    
  Net income — Diluted              
  Continuing operations $2.14 $2.47 $2.01  
  Discontinued operations 0.06   —   0.11    
    $2.20   $2.47   $2.12    
  Dividends declared $1.28   $1.22   $1.16    
 
(1)   The selected three-year consolidated financial data is based on the Company's financial statements which are prepared in accordance with Canadian generally accepted accounting principles (GAAP). Certain comparative figures have been reclassified to conform with the current year's presentation.

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