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Income Statement for Tc Pipelines Lp (TCLP)

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Income Statement for TC PipeLines LP Common Units Ltd.  (TCLP) 
$ 33.54      0.24 (+0.72%) Volume: 60.2 k 3:58 PM EDT Sep 5, 2008
After Hours:  $ 33.56   0.02 (+0.06%) Volume: 200 4:00 PM EDT Sep 5, 2008
Statement: View:
Income in Thousands of Dollars
12/2007 12/2006 12/2005 12/2004 12/2003
Operating Revenue 27,200 - - - -
Adjustments to Revenue - - - - -
Cost of Revenue - - - - -
Gross Operating Profit 27,200 - - - -
Selling/General/Admin Expense (8,300) (2,700) (2,000) (1,900) (1,700)
Research & Development - - - - -
EBITDA 18,900 (2,700) (2,000) (1,900) (1,700)
Depreciation & Amortization (6,700) (1,100) - - -
EBIT 12,200 (3,800) (2,000) (1,900) (1,700)
Interest Income 900 400 - - -
Other Income, Net 900 700 - - -
Total Income Avail For Interest Expense 124,200 59,800 51,200 55,600 48,100
Interest Expense (35,200) (15,100) (1,000) (500) (100)
Pre-Tax Income 89,000 44,700 50,200 55,100 48,000
Income Taxes - - - - -
Minority Interest - - - - -
Net Income from Continuing Operations 89,000 44,700 50,200 55,100 48,000
Net Income from Discontinued Operations - - - - -
Net Income from Total Operations 89,000 44,700 50,200 55,100 48,000
Normalized Income 89,000 44,700 50,200 55,100 48,000
Extraordinary Income - - - - -
Special Income/Charges - - - - -
Income from Cum. Effect of Acct Change - - - - -
Income from Tax Loss Carryforward - - - - -
Other Gains - - - - -
Total Net Income 89,000 44,700 50,200 55,100 48,000
Results in Dollars (Preferred Dividends in Thousands)
12/2007 12/2006 12/2005 12/2004 12/2003
Dividends Paid Per Share 2.57 2.33 2.30 2.25 2.15
Preferred Dividends - - - - -
Basic EPS from Continuing Operations 2.51 2.39 2.70 2.99 2.63
Basic EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Basic EPS from Total Operations 2.51 2.39 2.70 2.99 2.63
Diluted EPS from Continuing Operations 2.51 2.39 2.70 2.99 2.63
Diluted EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Total Operations 2.51 2.39 2.70 2.99 2.63

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Date:Sep 3, 2008
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