Bloomberg Equity Description Report for:

TRP

augusti 04, 2011

4:53 am

TRANSCANADA CORP

Company Description
TransCanada Corporation is the parent company of TransCanada PipeLines Limited. The
Company is focused on natural gas transmission and power services. TransCanada's
network of pipeline transports the majority of Western Canada's natural gas production to
markets in Canada and the United States. The Company also has interests in power plants
in Canada and the United States.
Basic Stock Information

Stock Data
Currency
SIC Name

CAD Current Shares Outstanding

PIPELINES NEC Primary Exchange Name

BICS Industry Group

Pipelines Security Type

Number of Employees

4,000 Transfer Agent

Company Fax Number

1-403-920-2200 Company Web Address

Country of Incorporation

CA State of Incorporation

52 Week High

43.72 52 Week Low

52 Week Low Date

11/16/10 Last Price

Price Change Year To Date Percent

Current Market Cap

+4.133 Short Interest

702.637 SIC Code

Toronto Fiscal Year End
Common Stock Equity Float
Company Telephone Number
www.transcanada.com Company Auditor
AB Est P/E Curr Year
35.49 52 Week High Date
39.56 Price Change Year To Date Net
22448936 Price Earnings Ratio (P/E)

4619
12/2010
701.7102
1-403-920-2000
KPMG LLP
17.653
06/01/11
+1.57
17.90

27,796.31

Dividends
Gross 5yr Growth Rate

5.581 Dividend Indicated Yld - Gross

Dividend Ex Date

09/28/11 Dividend Per Share Last Net

4.2467 Dividend 12 Month Yld - Gross

.42 Dividend Type

4.1456
Regular Cash

Earnings
Latest Full Earnings Report Date

07/28/11 Est EPS Curr Year

BEst Est PEG Ratio Curr Year

1.358 BEst Est Long Term Growth

2.241 Est EPS Curr Year Date

13.000 Trailing 12M Earnings Per Share

12/11
2.210

Identifier
Cusip (8 Chars Only)
Common Number

89353D10 Sedol1 Number

016911372 NAICS Code

2665184 ISIN Number

486210 Primary Exchange MIC

CA89353D1078
XTSE

Ratio Information

Issue Data

Per Share Data

Last Price CAD

39.56

*Dividend Indicated Yld

4.25%

Cash Flow Analysis

*Basic EPS

1.78

Price/Cashflow

*EPS before XO items

2.20

Price/FCF
Cashflow/net inc

~Price/Book

1.75

Dividends per Share

1.60

*Price/Sales

3.22

~Book Value/Share

22.54

Payout ratio

Sales/share

11.67

Csh gen/Csh req

*Cur EV/T12EBITDA

11.98

Market cap.

27542.86

Cash Flow/Basic shr

Enterprise Value

50730.31

~Current Shares Outstand

FCF/share

Growth Potential
EPS Yr change

-15.64

Cap Yr change

6.61

BVPS Yr change
Retention rate

.12
9.62

Sales Growth

-1.43

Assets Growth

6.27

Bloomberg Equity Description Report

4.46
702.64
-2.83

Profitability

Dvd coverage
Cash-oper/sales
Eff int. rate

8.87
-13.99
2.42
90.38
.53
1.11
38.22
6.38

Structure

EBITDA

3787.00

~Current Ratio

EBIT

2433.00

~Quick ratio

Operating Margin

30.17

~Debt to assets

Pretax Margin

21.91

~T debt/Com eqty

.60
.36
45.25
131.02

Return on assets

2.71

A/R turnover

Return on Equity

7.99

Inv. turnover

9.55

Return on cap.

5.15

Gross Margin

44.59

Asset Turnover

.18

EBIT/total interest exp

7.21

1.81

Page 1 of 3

Bloomberg Equity Description Report for:

augusti 04, 2011
4:53 am

TRANSCANADA CORP

TRP

Additional Stock Information

Index Member Weights

Shareholder Information

SPTSX

N.A.

Last Pub Offer Date

06/24/09

S BARRY JACKSON

CHAIRMAN

STENRS

N.A.

SPTSX60

N.A.

Last Pub Offer # of Shares

50.8MLN

RUSSELL K GIRLING

PRESIDENT/CEO

XLCAN

0,00

ALEXANDER J POURBAIX

PRES:ENERGY & OIL PIPELINES

GREGORY A LOHNES

PRES:NATURAL GAS PIPELINES

SEAN MCMASTER

EXEC VP:CORP/GENERAL COUNSEL

DAVID B MONETA

VP:IR & CORP COMM

BWORLD

Management

Last Pub Offer Lead Mgr

0,07

N.A.

Instit Owner # of Buyers

167.0000
128.0000
468.0000

BWPIPE

26,20

Instit Owner # of Sellers

BWORLDUS

0,17

Instit Owner # of Holders

BUSPIPE

26,13

Instit Owner # of Shares Held

TX6C

2,54

T00C

N.A.

384.5MLN

Instit Owner % Shares Out

54.7160

Initial Pub Offer Share Price

N.A.

Revenue and Earnings Information

Revenue

EPS

2,4K

0,64
0,60

2,2K

0,56
2,0K

0,52
1,8K

0,48
1,6K

0,44

1,4K

0,40

1,2K

0,36

Q1-Mar

Q2-Jun

Q3-Sep

Q4-Dec

Q1-Mar

Q2-Jun

Q3-Sep

Q4-Dec

2011

2 243,00

2 143,00

0,00

0,00

2011

0,59

0,51

0,00

0,00

2010

1 955,00

1 923,00

2 129,00

2 057,00

2010

0,43

0,40

0,54

0,57

2009

2 179,00

1 984,00

2 049,00

1 986,00

2009

0,54

0,50

0,50

0,48

2008

2 133,00

2 017,00

2 137,00

2 332,00

2008

0,58

0,58

0,63

0,46

2007

2 244,00

2 208,00

2 187,00

2 189,00

2007

0,49

0,45

0,57

0,57

2006

1 894,00

1 685,00

1 850,00

2 091,00

2006

0,54

0,40

0,50

0,52

2005

1 410,00

1 449,00

1 494,00

1 771,00

2005

0,38

0,38

0,47

0,48

2004

1 266,00

1 344,00

1 307,00

1 480,00

2004

0,44

0,40

0,39

0,38

Revenue Segmentation
Geographic Segmentation

Product Segmentation

10K

5000

8K

4000

6K

3000

4K

2000

2K

1000

0K

North & South Ameri

North & South Americ

Energy

Natural Gas Pipeline

2005

2006

2007

2Yr Gr.

2008

2009

2010

2Yr Gr.

6,124.00

7,520.00

8,828.00

20.09%

3,969.00

3,452.00

3,691.00

-3.05%

4,650.00

4,729.00

4,373.00

-2.91%

Bloomberg Equity Description Report

Energy
Natural Gas Pipe

Page 2 of 3

Bloomberg Equity Description Report for:

TRP

augusti 04, 2011

4:53 am

TRANSCANADA CORP

Fundamental Information
INCOME STATEMENT

2010

2009

2008

2007

Revenue

8 064,00

8 181,00

8 619,00

8 828,00

Cost of Revenue

4 468,00

4 590,00

4 261,00

4 209,00

Operating Expenses

1 163,00

831,00

1 463,00

1 959,00

Operating Income

2 433,00

2 760,00

2 895,00

2 660,00

760,00

1 018,00

1 015,00

1 018,00

0,00

0,00

0,00

0,00

Net non-op L (G)

-94,00

-121,00

-292,00

-270,00

Income Tax Expense

380,00

387,00

602,00

592,00

Income bef XO items

1 387,00

1 476,00

1 570,00

1 320,00

XO L(G) pretax

0,00

0,00

0,00

0,00

Tax effect on XO items

0,00

0,00

0,00

0,00

115,00

96,00

130,00

97,00

1 272,00

1 380,00

1 440,00

1 223,00

45,00

6,00

0,00

0,00

1 109,00

1 015,00

833,00

731,00

Diluted EPS Cont Ops

1,95

2,03

2,24

2,08

Diluted EPS bef XO

1,77

2,11

2,52

2,30

Diluted EPS

1,77

2,11

2,52

2,30

692,00

652,80

571,50

532,50

Interest Expense
For Exchange L (G)

Minority Interests
Net Income
Tot cash pref. dvd
Tot cash comm. dvd

# Shrs Diluted EPS

CASH FLOW SUMMARY

2010

2009

2008

2007

Net Income

1 272,00

1 380,00

1 440,00

1 223,00

Depreciation & Amortizat

1 354,00

1 377,00

1 247,00

1 179,00

Other Non-Cash Adjustm

705,00

323,00

334,00

219,00

-249,00

-90,00

135,00

215,00

3 082,00

2 990,00

3 156,00

2 836,00

0,00

0,00

28,00

35,00

-5 036,00

-5 417,00

-3 134,00

-1 651,00

0,00

0,00

0,00

0,00

Chg in non-cash wc
Cashflow-Operating Activ
Disp of fixed asst
Capital Expenditures
Sale of LT Investments
Purchase of LT Investme

0,00

0,00

0,00

0,00

Other Investing Activities

-384,00

-1 496,00

-3 713,00

-4 563,00

Cashflow-Investing Activ

-5 420,00

-6 913,00

-6 819,00

-6 179,00

-754,00

-728,00

-577,00

-546,00

474,00

-244,00

1 293,00

-46,00

Increase: LT Debt

2 548,00

3 493,00

2 370,00

2 758,00

Decrease: LT Debt

-748,00

-1 251,00

-960,00

-1 245,00

705,00

2 359,00

2 384,00

1 711,00

Dividends Paid
Inc(Dec) ST Debt

Inc capital stock

0,00

0,00

0,00

-488,00

Other Financing Activitie

-120,00

-17,00

-43,00

1 304,00

Cashflow-Financing Activ

2 105,00

3 612,00

4 467,00

3 448,00

-233,00

-311,00

804,00

105,00

Dec capital stock

Net Changes in Cash

BALANCE SHEET
Cash & Near Cash
Marketable sec

2010

2009

764,00

997,00

0,00

0,00

1 271,00

966,00

Inventories

425,00

511,00

Other Current Assets

777,00

701,00

Accounts & Notes Receiv

Bloomberg Equity Description Report

Current Assets
LT Investments & LT Rec
Depr fixed assets

2010

2009

3 237,00

3 175,00

0,00

0,00

52 214,00

47 796,00

-999 998,00

-999 998,00

Accumulated Depreciatio

15 970,00

14 917,00

Net fixed assets

36 244,00

32 879,00

Non-depr fixed assets

Other Assets

7 108,00

7 787,00

Total Assets

46 589,00

43 841,00

696,23

684,36

Accounts Payable

2 243,00

2 195,00

ST borrowings

3 051,00

2 377,00

Shares Outstanding

Other ST liab
Current Liabilities
LT Debt

367,00

377,00

5 661,00

4 949,00

18 814,00

17 975,00

4 230,00

3 984,00

Noncur liabilities

23 044,00

21 959,00

Total Liabilities

28 705,00

26 908,00

Other LT Liabilities

Preferred Equity

1 224,00

539,00

Minority Interest

1 157,00

1 174,00

Share cap & APIC

12 076,00

11 666,00

Retained earnings

3 427,00

3 554,00

Total Equity

17 884,00

16 933,00

Tot liab & equity

46 589,00

43 841,00

ST part of LT debt

959,00

690,00

# treasury shares

0,00

0,00

Amt treasury stock

0,00

0,00

Page 3 of 3