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  • (2) Representative List of Items of Supervision to be included. (See section 14 of these Regulations)

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    • Office supplies and expenses, such as stationery, postage, drawings, telephone, telegraph, light, heat and water

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  • (2) Representative List of Items of Pipeline to be included. (See section 14 of these Regulations)

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    • Expenses such as use of automotive, trucking, aircraft and heavy work equipment, transportation of material, employee travelling and subsistence

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  • (2) Representative List of Items of Compressor to be included. (See section 14 of these Regulations)

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    • Expenses such as use of automotive, trucking, aircraft and heavy work equipment, transportation of material, employee travelling and subsistence

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  • (2) Representative List of Items of Measuring and Regulating to be included. (See section 14 of these Regulations)

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    • Expenses such as use of automotive, trucking, aircraft and heavy work equipment, transportation of material, employee travelling and subsistence

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  • (2) Representative List of Items of Purification to be included. (See section 14 of these Regulations)

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    • Expenses such as use of automotive, trucking, aircraft and heavy work equipment, transportation of material, employee travelling and subsistence

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  Details are the same as for account 810(2).

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  • (1) This account shall include

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    • (b) the cost of direct supervision of specific activities such as power plant, extraction and refining units, laboratory and warehouse facilities.

  • (2) Representative List of Items of Extraction and Refining to be included. (See section 14 of these Regulations)

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    • Expenses such as use of automotive, trucking, aircraft and heavy work equipment, transportation of materials, employee travelling and subsistence

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  Details are the same as for account 810(2).

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  • (2) Representative List of Items of Wells to be included. (See section 14 of these Regulations)

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    • Expenses such as use of automotive, trucking, aircraft and heavy work equipment, transportation of materials, employee travelling and subsistence

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  Details are the same as for account 815(2).

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  Details are the same as for account 816(2).

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  Details are the same as for account 817(2).

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  Details are the same as for account 818(2).

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  Details are the same as for account 810(2).

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  • (2) Representative List of Items of Communication to be included. (See section 14 of these Regulations)

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    • Expenses such as use of automotive, trucking, aircraft and heavy work equipment, transportation of supplies, employee travelling and subsistence

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  Details are the same as for account 815(2).

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  Details are the same as for account 816(2).

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  Details are the same as for account 817(2).

[...]

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  • (2) Representative List of Items of Communication to be included. (See section 14 of these Regulations)

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    • Expenses such as use of automotive, trucking, aircraft and heavy work equipment, transportation of material, employee travelling and subsistence

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  This account shall be credited with the cost of general maintenance transferred to other accounts, such as costs transferred to overhead charged to construction.

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[...]

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  • (2) Representative List of Items of Supervision to be included. (See section 14 of these Regulations)

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    • Office supplies and expenses such as stationery, postage, maps, telephone, telegraph, light, heat, water

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  This account shall include the cost of gathering charges paid to others where the charges are separate and not included as part of the delivered price of gas.

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  • (2) Representative List of Items of Pipeline to be included. (See section 14 of these Regulations)

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    • Supplies such as lubricants, wiping rags, charts, chemicals, light bulbs, hand tools and general equipment
    • Expenses such as the use of automotive trucking, aircraft and heavy work equipment, transportation of supplies, light, heat, water, telephone, telegraph, rents, employees travelling and subsistence, employee housing

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  • (2) Representative Lists of Items of Compressor to be included. (See section 14 of these Regulations)

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    • Supplies such as lubricants, wiping rags, charts, chemicals, light bulbs, cleaning and washrooms supplies, first aid supplies, landscaping supplies, hand tools and equipment
    • Expenses such as use of automotive, trucking, aircraft and heavy work equipment, transportation of supplies, light, heat, waters, telephone, telegraph, rents, employee travelling and subsistence, employee housing

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  • (2) Representative List of Items of Measuring and Regulating to be included. (See section 14 of these Regulations)

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    • Supplies such as lubricants, wiping rags, charts, chemicals, pens, ink, mercury, light bulbs, cleaning and washroom supplies, first aid supplies, landscaping supplies and tools and general equipment
    • Expenses such as use of automotive, trucking, aircraft and heavy work equipment, transportation of supplies, light, heat, water, telephone, telegraph, rents, employee travelling and subsistence, employee housing.

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  • (2) Representative List of Items of Purification to be included. (See section 14 of these Regulations)

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    • Supplies such as liquid purifying supplies, wiping rags, charts, chemicals, light bulbs, cleaning and washroom supplies, first aid supplies, hand tools and equipment
    • Expenses such as use of automotive, trucking, aircraft and heavy work equipment, transportation of supplies, light, heat, water, telephone, telegraph, rents, employee travelling and subsistence, employee housing

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  Details are the same as for account 610(2).

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  • (1) This account shall include:

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    • (b) direct supervision of specific activities such as power plant, extraction and refining units, laboratory and warehouse facilities.

  • (2) Representative List of Items of Extraction and Refining to be included. (See section 14 of these Regulations)

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    • Supplies such as amine, dehydration agents, water treatment and other chemicals, absorption oil, lubricants, wiping rags, charts, light bulbs, gauge glasses, cleaning and washroom supplies, first aid supplies, landscaping supplies, gas used or lost in operations, hand tools and equipment
    • Expenses such as use of automotive, trucking, aircraft and heavy work equipment, transportation of supplies, light, heat, power, water, telephone, telegraph, rents employee travelling and subsistence, employee housing.

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  • (2) This account shall be subdivided as follows:

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[...]

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  Details are the same as for account 610(2).

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  • (2) Representative List of Items of Wells to be included. (See section 14 of these Regulations)

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    • Supplies such as gas, gasoline, oil used in pumping and bailing, lumber, nails, well swabs, chemicals, first aid supplies, hand tools and equipment
    • Expenses such as use of automotive, trucking, aircraft and heavy work equipment, transportation of supplies, light, heat, water, telephone, telegraph, rents, employee travelling and subsistence, employee housing

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  Details are the same as for account 615(2).

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  Details are the same as for account 616(2).

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  Details are the same as for account 617(2).

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  Details are the same as for account 618(2).

[...]

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  Details are the same as for account 610(2).

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  This account shall include the cost of transportation charges paid to others where the charges are separate and not included as part of the delivery price of gas.

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  • (2) Representative List of Items of Communication to be included. (See section 14 of these Regulations)

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    • Supplies such as lubricants, wiping rags, charts, chemicals, hand tools, testing and other general equipment
    • Expenses such as use of automotive, trucking, aircraft and heavy work equipment, transportation of supplies, first aid supplies, radio tubes and crystals, landscaping supplies, light, heat, water, telephone, telegraph, rents, employee travelling and subsistence, employee housing

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  Details are the same as for account 615(2).

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  Details are the same as for account 616(2).

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  Details are the same as for account 617(2).

[...]

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  • (2) Representative List of Items of Communication to be included. (See section 14 of these Regulations)

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    • Supplies such as lubricants, wiping rags, charts, chemicals, hand tools, testing and other general equipment
    • Expenses such as use of automotive, trucking, aircraft and heavy work equipment, transportation of supplies, first aid supplies, radio tubes and crystals, landscaping supplies, light, heat, water, telephone, telegraph, rents, employee travelling and subsistence, employee housing

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  • (2) Representative List of Items of System Operation and Engineering to be included. (See section 14 of these Regulations)

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    • Office supplies and expenses such as stationery, printing, postage, maps, drawings, telephone, telegraph, light, heat, water

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  This account shall be credited with the costs of general operations transferred to other accounts, such as costs transferred to overhead charged to construction.

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  • (2) Representative List of Items of Administrative Expense to be included. (See section 14 of these Regulations)

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    • Expenses of officers, executives and other employees such as travelling and subsistence, automotive, club and professional dues and expenses, and other incidental expenses
    • Office supplies and expenses such as stationery, printing, postage, maps, drawings, telephone, telegraph, light, heat, water

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  • (4) Where a franchise, consent or certificate referred to in subsection (3) is depreciable, the book cost shall be debited to account 105 (Accumulated Depreciation — Gas Plant) or account 106 (Accumulated Amortization — Gas Plant), as applicable. (See section 40 and subsection 51(2) of these Regulations)

  • (5) Where the franchise, consent or certificate referred to in subsection (3) is not depreciable and the gain or loss from the retirement or expiration is material, the company shall inform the Board and, unless otherwise directed by the Board, shall transfer the amount of the gain or loss to account 331 (Extraordinary Income) or account 341 (Extraordinary Income Deductions), as applicable.

  • (6) Where the franchise, consent or certificate referred to in subsection (3) is not depreciable and the gain or loss from the retirement or expiration is not material, the gain or loss shall be transferred to account 319 (Other Income) or account 329 (Other Income Deductions), as applicable.

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  • (3) Where the item referred to in subsection (2) is depreciable, the cost shall be debited to account 105 (Accumulated Depreciation — Gas Plant) or account 106 (Accumulated Amortization — Gas Plant), as applicable. (See section 40 and subsection 51(2) of these Regulations)

  • (4) Where the item referred to in subsection (2) is not depreciable and the gain or loss from the retirement or expiration is material, the company shall inform the Board and, unless otherwise directed by the Board, shall transfer the amount of the gain or loss to account 331 (Extraordinary Income) or account 341 (Extraordinary Income Deductions), as applicable.

  • (5) Where the item referred to in subsection (2) is not depreciable and the gain or loss from the retirement or expiration is not material, the gain or loss shall be transferred to account 319 (Other Income) or account 329 (Other Income Deductions), as applicable.

[...]

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  • (5) The cost of acquiring options to purchase land for use in contemplated projects shall be debited to account 172 (Preliminary Survey and Investigation Charges) pending a determination as to whether or not to proceed with such projects.

[...]

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  Details are the same as for account 412(2).

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  Details are the same as for account 416(2).

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  Details are the same as for account 417(2).

[...]

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  Details are the same as for account 412(2).

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  Details are the same as for account 415(2).

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  Details are the same as for account 416(2).

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  Details are the same as for account 417(2).

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  This account shall include gas in underground storage that is required as a base pressure for the operation of underground storage areas, valued at average cost on a consistent basis. (See account 152, Gas Stored Underground — Available for Sale)

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  Details are the same as for account 412(2).

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  Details are the same as for account 413(2).

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  Details are the same as for account 414(2).

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  Details are the same as for account 415(2).

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  Details are the same as for account 416(2).

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  Details are the same as for account 417(2).

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  Details are the same as for account 414(2).

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  Details are the same as for account 468(2).

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  • (1) A company shall not, without the approval of the Board, charge an allowance for funds used during construction (in this section referred to as an “allowance”).

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  • (2) This account shall be subdivided as follows:

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  • (1) This account shall include

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    • (b) all expenses, other than depreciation, of gas plant leased to others as operating units or systems while the lessee has exclusive possession.

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  • (2) The amounts included in this account shall be divided to show separately the types of income as follows:

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  • (3) Income from affiliated companies shall not be credited to this account until such time as it is recorded on the books of the affiliated company.

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  This account shall include gains on foreign exchange during the fiscal period, including realized gains as well as gains owing to the conversion to the Canadian dollar equivalent, on assets and liabilities held in foreign currencies.

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  • (1) This account shall be debited or credited, as applicable, during each fiscal period, with the proportion of the discount, premium and expense on long-term debt obligations as may be applicable to the period.

  • (2) The proportion referred to in subsection (1) shall be determined in accordance with section 71, 72 or 73 as applicable.

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  This account shall include losses on foreign exchange during the fiscal period, including realized losses as well as losses owing to the conversion to the Canadian dollar equivalent, on assets and liabilities held in foreign currencies.

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  • (2) Representative List of Items of Extraordinary Income to be included. (See section 14 of these Regulations)

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    • Adjustment to account 126 as described in subsection 68(2) of these Regulations

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  • (1) This account shall include the cost of gas plant owned but leased to others as operating units or systems, where the lessee has exclusive possession.

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  • (2) When final costs of each retirement are established, the book cost and the costs of removal less amounts recovered shall be transferred to account 105 (Accumulated Depreciation — Gas Plant) or account 106 (Accumulated Amortization — Gas Plant), as applicable.

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  • (4) This account shall be debited or credited with amounts transferred to another account as a result of an extraordinary retirement. (See section 40 of these Regulations)

  • (5) For general ledger and balance sheet purposes, this account shall be regarded and treated as a composite reserve, but for the purposes of analysis, a company shall maintain subsidiary records in which accumulated depreciation is subdivided into component parts corresponding to

    [...]

  • (6) This account shall be subdivided as follows:

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  • (5) This account shall be debited or credited with amounts transferred to another account as a result of an extraordinary retirement. (See section 40 of these Regulations)

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  • (7) This account shall be subdivided as follows:

    [...]

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  • (5) Where the service life of the improvements is not terminated by the action of the lease, the cost of the improvements, less net salvage, shall be accounted for as depreciable plant by debits to account 303 (Depreciation) and concurrent credits to account 105 (Accumulated Depreciation — Gas Plant).

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  • (2) When the construction of any plant included in this account has been completed and the plant has been placed in service, the applicable cost shall be credited to this account and debited to account 100, 101, 102 or 107, as appropriate.

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  • (3) This account shall not include funds that the company holds solely as trustee and in which it has no beneficial interest. (See section 62 of these Regulations)

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  This account shall include

  • (a) commercial bank accounts available for general chequing purposes, as distinguished from bank accounts provided for special purposes, such as special deposits;

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  • (c) funds received by a company, recorded as cash receipts and undeposited at the close of the accounting period.

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  This account shall include the cost of securities acquired for the purpose of temporarily investing cash, such as government treasury bills, deposit receipts, short-term notes and other investments of a short-term nature. (See sections 63 to 65 of these Regulations)

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  This account shall include the following items when the amounts involved are considered collectible:

  • (a) advances to officers, employees and agents as working funds;

  [...]

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  • (1) This account shall include all amounts due from affiliated companies, such as trade accounts, dividends and interest, where such amounts are subject to settlement within one year from the date of the balance sheet. (See subsection 80(1) of these Regulations)

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  • (1) This account shall include the cost of materials purchased primarily for use in construction, operations or maintenance, such as shop material, articles in process of fabrication by the accounting company, spare parts, fittings, valves, appliances, line pipe and other supplies but shall not include materials properly includable in account 115 (Gas Plant Under Construction) or account 102 (Gas Plant Held for Future Use).

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  • (3) Materials and supplies issued shall be credited to this account and concurrently debited to the appropriate construction, operating or maintenance expense account on the basis of a unit price, determined by the use of cumulative average, first in-first out, or such other method of inventory accounting as conforms with accepted accounting practices consistently applied.

  • (4) Material recovered in connection with construction, maintenance work or the replacement or demolition of plant and classified as reusable shall be debited to this account at its original cost, estimated if not known, and credited to the appropriate maintenance, construction or accumulated depreciation account.

  • (5) Material recovered in connection with construction, maintenance work or the replacement or demolition of plant and classified as scrap shall be debited to this account on the basis of its fair and reasonable value and credited to the appropriate maintenance, construction or accumulated depreciation account.

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  This account shall include the value of all unapplied material for current non-gas pipeline operations and maintenance, such as spare parts, shop material and supplies held primarily for other plant, merchandising, jobbing and contract work.

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  • (2) Gas included in this account shall be valued at average cost on a consistent basis, but gathering and transmission expenses incurred through the use of company facilities in moving gas to the storage area and expenses of storage facilities shall not be included in the cost except as may be authorized by the Board.

  • (3) Deliveries to or withdrawals from underground storage of gas held for use to satisfy gas requirements of customers shall be debited or credited to this account, as appropriate.

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  This account shall include the cost of gas owned by the company in its own pipelines or in non-owned pipelines and used to maintain the line pressure required for the transmission of gas, but the gathering and transmission expenses incurred through the use of company facilities in moving gas to the transmission area shall not be included except as authorized by the Board.

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  • (2) The amounts recorded in this account shall be amortized in accordance with section 72 or 73, as applicable.

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  • (3) Amounts recorded in this account shall be amortized by systematic debits to account 304 (Amortization), or otherwise disposed of as the Board may approve or direct.

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  • (2) Where, as a result of the expenditures referred to in subsection (1), a plant is acquired or constructed, this account shall be credited and the appropriate accounts debited with the costs related to that plant.

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  • (4) Records supporting entries to this account shall be maintained in a manner that will enable complete information to be available as to the nature and purpose of the expenditures.

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  • (3) Amounts recorded in this account shall be amortized, or otherwise disposed of, as the Board may approve or direct.

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  • (1) This account shall include expenditures incidental to organizing a company, such as

    [...]

  • (2) Amounts recorded in this account shall be amortized, or otherwise disposed of, as the Board may approve or direct.

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  • (2) Representative List of Items of Contributed Surplus to be included. (See section 14 of these Regulations.)

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    • (c) Credits resulting from the redemption or conversion of shares at less than the amount recorded as share capital

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  • (1) This account shall be credited with the increase in value of fixed assets as a result of an appraisal, where the appraisal is associated with

    • (a) an actual purchase and sale of fixed assets, as in the acquisition of an affiliated company;

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  • (1) This account shall include all amounts owed to affiliated companies and not subject to settlement within one year and, without limiting the generality of the foregoing, shall include

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    • (c) the par value of matured long-term bonds, debentures or notes payable where such bonds, debentures or notes of the company are held by affiliated companies, where there is no agreement for an extension as to time of payment but the collection of the principal is not enforced;

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  • (2) This account shall be maintained in such form as to show separately the amounts of indebtedness secured by collateral.

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  • (3) A company’s estimates of liabilities for injuries to persons and for loss and damage claims shall not be included in this account but shall be credited to account 259 (Other Current Liabilities) or account 279 (Other Deferred Credits), as applicable.

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  This account shall include all amounts deposited with a company by customers as security for payment of debts.

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  • (2) The accruals referred to in subsection (1) may be based upon estimates, provided that the estimates shall be adjusted to reflect in this account at all times the estimates of the company as to its unpaid liability for each of the several classes of taxes that has not been finally settled.

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  • (2) The amounts recorded in this account shall be amortized in accordance with section 72 or 73, as applicable.

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  This account shall include

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  • (d) material gain on extraordinary retirement that is authorized by the Board to be transferred from accumulated depreciation or accumulated amortization accounts to this account, in accordance with subsection 40(3) which gain shall be amortized as directed by the Board; and

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  • (1) This account shall include

    • (a) the credit balances representing the liability of the company for amounts contributed by employees and by the company through debits to expenses or such other accounts as are approved by the Board for

      [...]

    [...]

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  • (3) Disbursements shall be debited to this account and any excess of such disbursements over the amounts appropriated shall be transferred to account 724 (Injuries and Damages), or to account 725 (Employee Benefits), as applicable.

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