The announcement to simplify Enbridge's financial reporting and increase comparability should be well received by the investment community as the corporate structure of subsidiaries and cash flows to Enbridge can be intimidating and hard to understand. We think this adjustment will improve the readability of the financial reports and provide better insight into operations.
22 Apr 2016
FINANCIAL REPORTING FORMAT UPDATE
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FINANCIAL REPORTING FORMAT UPDATE
Enbridge Inc. (0KTI:LON) | 0 0 0.9% | Mkt Cap: 73,275m
- Published:
22 Apr 2016 -
Author:
Steven I. Paget -
Pages:
3
The announcement to simplify Enbridge's financial reporting and increase comparability should be well received by the investment community as the corporate structure of subsidiaries and cash flows to Enbridge can be intimidating and hard to understand. We think this adjustment will improve the readability of the financial reports and provide better insight into operations.