As-Reported Financials


As Reported Financials

Document Name As Of Date Currency Code (in millions) 2016 Y FIN SUPP 12/31/2016 CAD 2017 Y FIN SUPP 12/31/2017 CAD 2018 Y FIN SUPP 12/31/2018 CAD 2019 Y FIN SUPP 12/31/2019 CAD 2020 Q2 YTD FIN SUPP 6/30/2020 CAD
Document Name As Of Date Currency Code 2016 Y FIN SUPP 12/31/2016 CAD 2017 Y FIN SUPP 12/31/2017 CAD 2018 Y FIN SUPP 12/31/2018 CAD 2019 Y FIN SUPP 12/31/2019 CAD 2020 Q2 YTD FIN SUPP 6/30/2020 CAD

Assets

Current assets

Cash and cash equivalents
Restricted cash
Inventory
Derivative instruments
Regulatory assets
Receivables and other current assets
Assets held for sale NA
Total
Property, plant and equipment, net of accumulated depreciation and amortization

Other assets

Deferred income taxes
Derivative instruments
Regulatory assets
Net investment in direct financing lease
Investments subject to significant influence
Goodwill
Other long-term assets
Assets held for sale NA
Total
Total assets

Liabilities and Equity

Current liabilities

Short-term debt
Current portion of long-term debt
Accounts payable
Derivative instruments
Regulatory liabilities
Other current liabilities
Liabilities associated with assets held for sale NA
Total

Long-term liabilities

Long-term debt
Deferred income taxes
Derivative instruments
Regulatory liabilities
Pension and post-retirement liabilities
Other long-term liabilities
Long-term liabilities associated with assets held for sale NA NA
Total

Equity

Common stock
Cumulative preferred stock
Contributed surplus
Accumulated other comprehensive income
Retained earnings
Total Emera Incorporated equity
Non-controlling interest in subsidiaries
Total equity
Total liabilities and equity
Document Name As Of Date Currency Code (in millions) 2016 Y FIN SUPP 12/31/2016 CAD 2017 Y FIN SUPP 12/31/2017 CAD 2018 Y FIN SUPP 12/31/2018 CAD 2019 Y FIN SUPP 12/31/2019 CAD 2020 Q2 YTD FIN SUPP 6/30/2020 CAD
Document Name As Of Date Currency Code 2016 Y FIN SUPP 12/31/2016 CAD 2017 Y FIN SUPP 12/31/2017 CAD 2018 Y FIN SUPP 12/31/2018 CAD 2019 Y FIN SUPP 12/31/2019 CAD 2020 Q2 YTD FIN SUPP 6/30/2020 CAD

Operating revenues

Regulated electric
Regulated gas
Non-regulated
Total operating revenues

Operating expenses

Regulated fuel for generation and purchased power
Regulated cost of natural gas
Non-regulated fuel for generation and purchased power
Non-regulated direct costs NA NA NA
Operating, maintenance and general
Provincial, state and municipal taxes
Depreciation and amortization
GBPC impairment charge NA NA NA
Total operating expenses
Income from operations
Income from equity investments
Other income (expenses), net
Interest expense, net
Income before provision for income taxes
Income tax expense (recovery)
Net income
Non-controlling interest in subsidiaries
Preferred stock dividends
Net income attributable to common shareholders

Weighted average shares of common stock outstanding

Basic
Diluted

Earnings per common share

Basic
Diluted
Dividends per common share declared

Condensed Consolidated Statements of Comprehensive Income

Net income

Other comprehensive income (loss), net of tax

Foreign currency translation adjustment
Unrealized gains (losses) on net investment hedges
Cash flow hedges
Net derivative gains (losses)
Less - reclassification adjustment for losses (gains) included in income
Net effects of cash flow hedges
Unrealized gains on available-for-sale investment
Unrealized gain (loss) arising during the period NA
Less - reclassification adjustment for (gains) recognized in income NA
Net unrealized holding gains (losses) NA
Net change in unrecognized pension and post-retirement benefit obligation
Other equity method reclassification adjustment NA NA NA NA
Other comprehensive income (loss)
Comprehensive income (loss)
Comprehensive income (loss) attributable to non-controlling interest
Comprehensive income (loss) of Emera Incorporated
Document Name As Of Date Currency Code (in millions) 2016 Y FIN SUPP 12/31/2016 CAD 2017 Y FIN SUPP 12/31/2017 CAD 2018 Y FIN SUPP 12/31/2018 CAD 2019 Y FIN SUPP 12/31/2019 CAD 2020 Q2 YTD FIN SUPP 6/30/2020 CAD
Document Name As Of Date Currency Code 2016 Y FIN SUPP 12/31/2016 CAD 2017 Y FIN SUPP 12/31/2017 CAD 2018 Y FIN SUPP 12/31/2018 CAD 2019 Y FIN SUPP 12/31/2019 CAD 2020 Q2 YTD FIN SUPP 6/30/2020 CAD

Operating activities

Net income

Adjustments to reconcile net income to net cash provided by operating activities

Depreciation and amortization
Income from equity investments, net of dividends
Allowance for equity funds used during construction
Deferred income taxes, net
Net change in pension and post-retirement liabilities
Regulated fuel adjustment mechanism
Net change in fair value of derivative instruments
Net change in regulatory assets and liabilities
Net change in capitalized transportation capacity
Foreign exchange (gain) loss NA NA NA NA
Gain on APUC sale of common shares and conversion of subscription receipts NA NA NA NA
GBPC impairment charge NA NA NA
Gain on sale (excluding transaction costs) and impairment charges NA NA NA NA
Other operating activities, net
Changes in non-cash working capital
Net cash provided by operating activities

Investing activities

Proceeds from dispositions NA NA
Acquisition, net of cash acquired NA NA NA NA
Additions to property, plant and equipment
Net purchase of investments subject to significant influence NA NA NA NA
Net proceeds on sale of investment NA NA NA NA
Net purchase of investments subject to significant influence, inclusive of acquisition costs NA NA
Other investing activities
Net cash provided by (used in) investing activities

Financing activities

Change in short-term debt, net
Proceeds from short-term debt with maturities greater than 90 days
Repayment of short-term debt with maturities greater than 90 days NA
Proceeds from long-term debt, net of issuance costs
Proceeds from convertible debentures, net of issuance costs NA NA NA NA
Retirement of long-term debt
Net repayments under committed credit facilities
Issuance of common stock, net of issuance costs
Issuance of preferred stock, net of issuance costs NA NA
Dividends on common stock
Dividends on preferred stock
Dividends paid by subsidiaries to non-controlling interest NA NA NA NA
Other financing activities
Net cash used in financing activities
Effect of exchange rate changes on cash, cash equivalents, and restricted cash
Net increase in cash, cash equivalents, restricted cash and assets held for sale
Cash, cash equivalents, restricted cash and assets held for sale, beginning of period
Cash, cash equivalents, restricted cash and assets held for sale, end of period

Cash, cash equivalents, restricted cash and assets held for sale consists of

Cash
Short-term investments
Restricted cash
Assets held for sale NA NA
Cash, cash equivalents, restricted cash, and assets held for sale