TC PipeLines, LP · Omaha, NE United States (NASDAQ: TCLP)
Key TC PipeLines, LP Financials
| Company Type | Public -(NASDAQ: TCLP) Single Location |
|---|---|
| Fiscal Year-End | December |
| 2010 Sales (mil.) | $195.1 |
TC PipeLines, LP Income Statement
| Dec 10 | Dec 09 | Dec 08 | |
| Revenue | 195.1 | 167.3 | 154.2 |
| Cost of Goods Sold | 13.0 | 11.0 | 9.5 |
| Gross Profit | 182.1 | 156.3 | 144.7 |
| Gross Profit Margin | 93.3% | 93.4% | 93.8% |
| SG&A Expense | 4.4 | 6.2 | -- |
| Depreciation & Amortization | 15.0 | 14.7 | 6.9 |
| Operating Income | 162.7 | 135.4 | 137.8 |
| Operating Margin | 83.4% | 80.9% | 89.4% |
| Nonoperating Income | 108.6 | (15.5) | (7.4) |
| Nonoperating Expenses | (8.2) | (13.8) | (22.7) |
| Income Before Taxes | -- | -- | -- |
| Income Taxes | -- | -- | -- |
| Net Income After Taxes | 0.0 | 0.0 | 0.0 |
| Continuing Operations | 137.1 | 106.1 | 107.7 |
| Discontinued Operations | -- | -- | -- |
| Total Operations | 137.1 | 106.1 | 107.7 |
| Total Net Income | 137.1 | 106.1 | 107.7 |
| Net Profit Margin | 70.3% | 63.4% | 69.8% |
| Diluted EPS from Total Net Income | 2.91 | 2.34 | 2.75 |
| Dividends per Share | 2.94 | 2.87 | 2.78 |
All amounts in millions of US Dollars except per share amounts.
TC PipeLines, LP Balance Sheet
| Assets | Dec 10 | Dec 09 | Dec 08 |
| Current Assets | |||
| Cash | 3.6 | 3.1 | 8.4 |
| Net Receivables | 7.6 | 8.6 | 3.4 |
| Inventories | 0.7 | -- | -- |
| Other Current Assets | 0.4 | 0.0 | 0.0 |
| Total Current Assets | 12.3 | 11.7 | 11.8 |
| Net Fixed Assets | 312.6 | 318.0 | 134.2 |
| Other Noncurrent Assets | 1,325.6 | 1,345.4 | 1,302.5 |
| Total Assets | 1,650.5 | 1,675.1 | 1,448.5 |
| Liabilities | Dec 10 | Dec 09 | Dec 08 |
| Current Liabilities | |||
| Accounts Payable | -- | -- | 2.2 |
| Short-Term Debt | 483.8 | 53.4 | 4.4 |
| Other Current Liabilities | 22.8 | 18.7 | 13.9 |
| Total Current Liabilities | 506.6 | 72.1 | 20.5 |
| Long-Term Debt | 30.1 | 487.9 | 532.4 |
| Other Noncurrent Liabilities | 1.3 | 11.6 | 20.0 |
| Total Liabilities | 538.0 | 571.6 | 572.9 |
| Shareholder's Equity | |||
| Preferred Stock Equity | -- | -- | -- |
| Common Stock Equity | 1,112.5 | 1,103.5 | 875.6 |
| Total Equity | -- | -- | -- |
| Shares Outstanding (thou.) | 46,200.0 | 46,200.0 | 34,856.1 |
All amounts in millions of US Dollars except per share amounts.
TC PipeLines, LP Cash Flow Statement
| Dec 10 | Dec 09 | Dec 08 | |
| Net Operating Cash Flow | 156 | 123 | 114 |
| Net Investing Cash Flow | 10.5 | (269.7) | 32.5 |
| Net Financing Cash Flow | (166.1) | 141.0 | (145.2) |
| Net Change in Cash | 0.5 | (5.3) | 0.9 |
| Depreciation & Amortization | 15.0 | 14.7 | 6.9 |
| Capital Expenditures | (9.3) | (1.9) | (6.8) |
| Cash Dividends Paid | (138.7) | (117.0) | (108.6) |
All amounts in millions of US Dollars except per share amounts.