TC PIPELINES LP Income Statement

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Financial Statements

In millions of USD; shares in millions, except per-share amounts

	FY2020 12 months to Dec 31, 2020	FY2019 12 months to Dec 31, 2019	FY2018 12 months to Dec 31, 2018	FY2017 12 months to Dec 31, 2017	FY2016 12 months to Dec 31, 2016
Transmission revenues, net (Note 6)
Equity earnings (Note 5)
Impairment of long-lived assets (Note 7)
Impairment of goodwill (Note 4)
Operation and maintenance expenses
Property taxes
General and administrative
Depreciation
Financial charges and other (Note 12)
Net income (loss) before taxes
Income taxes (Note 2)
Net Income (loss)
Net income attributable to non-controlling interests
Net income (loss) per common unit (Note 14) - basic and diluted
Weighted average common units outstanding - basic and diluted (in units)
Net income (loss) attributable to controlling interest allocation (Note 13)
Common units
Common units
Total common units
General Partner
Class B units
Net income (loss) attributable to controlling interests
Net income (loss) per common unit - basic and diluted (in dollars per unit)
Common units
Total net income (loss) per common unit - basic and diluted (in dollars per unit)
Weighted average common units outstanding – basic and diluted (in units)
Common units
Total weighted average common units outstanding – basic and diluted (in units)
Common units outstanding, end of year (in units)

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