TransCanada to Enhance Financial Reporting

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    • Jan 2009
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    TransCanada to Enhance Financial Reporting

    CALGARY, ALBERTA -- (Marketwire) -- 04/14/09 -- TransCanada Corporation (TSX: TRP) (NYSE: TRP) (TransCanada) today announced it will make some changes to its financial reporting format to more clearly explain the financial performance of the company's business segments. The changes will take effect beginning with results for the first quarter of 2009. The new reporting format will organize the Pipelines and Energy business segments geographically by separating the Canadian and US portions of each segment. Net income, cash flow and per share measures will be supplemented by earnings before interest, taxes, depreciation and amortization (EBITDA) and earnings before interest

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