content_image/65498.jpg content_image/65499.jpg content_image/65500.jpg content_image/65491.jpg
## NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 

## SUMMARIZED FINANCIAL INFORMATION OF JOINT VENTURES 

Year ended December 31 (millions of dollars) 

<img src='content_image/65498.jpg'>

Year ended December 31 (millions of dollars) 

<img src='content_image/65499.jpg'>

December 31 (millions of dollars) 

<img src='content_image/65500.jpg'>

## NOTE 6 – LONG-TERM INVESTMENTS 

December 31 (millions of dollars) 

<img src='content_image/65491.jpg'>

The Company holds a 33.4 per cent interest in TC PipeLines, LP, which holds a 30.0 per cent interest in Northern Border Pipeline Company. At December 31, 2001, the Company holds a 33.3 per cent interest (2000 – 21.4 per cent) in Portland Natural Gas Transmission System Partnership. Consolidated retained earnings at December 31, 2001 include undistributed earnings from these equity investments of $40 mil- lion (2000 – $37 million). 

