TransCanada
2006
Annual Report 2006
Key Projects and Initiatives
Executive Officers
TransCanada's Vision
Financial Highlights
Chairman's Message
Letter to Shareholders
 
Financial Highlights
 
   
  Year ended December 31
(millions of dollars)
2006   2005 2004 2003 2002
  Income            
  Net income            
  Continuing operations 1,051 1,209 980 801 747
  Discontinued operations 28   — 52 50 —
    1,079   1,209 1,032 851 747
  Cash Flow            
  Funds generated from operations 2,378   1,951 1,703 1,822 1,843
  (Increase)/decrease in operating working capital (303 ) (49) 29 93 92
  Net cash provided by operations 2,075   1,902 1,732 1,915 1,935
  Capital expenditures and acquisitions 2,042   2,071 2,046 965 851
  Balance Sheet              
  Total assets 25,909   24,113 22,422 20,887 20,555
  Long-term debt 10,887   9,640 9,749 9,516 8,899
  Common shareholders' equity 7,701   7,206 6,565 6,091 5,747
 

  Common Share Statistics
Year ended December 31
2006   2005 2004 2003 2002
  Net income per share — Basic              
  Continuing operations $2.15   $2.49 $2.02 $1.66 $1.56  
  Discontinued operations 0.06   — 0.11 0.10 —  
    $2.21   $2.49 $2.13 $1.76 $1.56  
  Net income per share — Diluted              
  Continuing operations $2.14   $2.47 $2.01 $1.66 $1.55  
  Discontinued operations 0.06   — 0.11 0.10 —  
    $2.20   $2.47 $2.12 $1.76 $1.55  
  Dividends declared per share $1.28   $1.22 $1.16 $1.08 $1.00  
  Common shares outstanding (millions)              
  Average for the year 488.0   486.2 484.1 481.5 478.3  
  End of year 489.0   487.2 484.9 483.2 479.5  



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