10-KPeriod: FY2015

ENBRIDGE INC Annual Report, Year Ended Dec 31, 2015

Filed February 19, 2016For Securities:ENBENBMFEBBGFEBRGFEBRZFENBGFENBRFENFFFEBGEFENBFFENBHFENBNFENBOFENBSFEBBNFENNPF

Summary

Enbridge Inc. (ENB) filed its annual report on Form 40-F for the fiscal year ended December 31, 2015. The report confirms that Enbridge has filed all required reports for the preceding 12 months and has been subject to these filing requirements for the past 90 days. The company's disclosure controls and procedures were deemed effective by management, including its CEO and CFO, ensuring timely and accurate reporting to the SEC. Furthermore, there were no material changes identified in the company's internal control over financial reporting during the period. Key personnel, including the CEO and CFO, have provided certifications regarding the effectiveness of internal controls and financial reporting under Sarbanes-Oxley. The Board of Directors has identified multiple audit committee financial experts who meet New York Stock Exchange independence standards. Enbridge also maintains a Code of Ethics applicable to all employees and officers, promoting ethical conduct. The company has no off-balance sheet arrangements and incorporates detailed information regarding contractual obligations and audited financial statements within its referenced exhibits.

Key Highlights

  • 1Enbridge Inc. filed its annual report on Form 40-F for the fiscal year ending December 31, 2015.
  • 2Disclosure controls and procedures were evaluated by management (including CEO and CFO) and found to be effective.
  • 3No material changes affecting internal control over financial reporting were identified for the period.
  • 4CEO and CFO provided certifications on internal controls and financial reporting under Sarbanes-Oxley (Exhibits 99.1-99.4).
  • 5The Board has identified multiple individuals qualifying as audit committee financial experts.
  • 6Enbridge has a comprehensive Code of Ethics ('Statement on Business Conduct') applicable to all employees and officers.
  • 7The company confirmed it has no off-balance sheet arrangements.

Frequently Asked Questions

This Form 40-F filing serves as Enbridge Inc.'s annual report for the fiscal year ended December 31, 2015. It is used by eligible foreign private issuers to file annual reports with the U.S. Securities and Exchange Commission (SEC) and incorporates by reference information required to be filed under Canadian securities laws.

Management, including the CEO and CFO, concluded that Enbridge's disclosure controls and procedures were effective in ensuring that required information is recorded, processed, summarized, and reported within the necessary timeframes. No material changes that would affect internal control over financial reporting were identified during the period.

Enbridge's Audit, Finance & Risk Committee includes J.H. England (Chair), M.R. Coutu, C.W. Fischer, G.K. Petty, and C.L. Williams. The report specifically notes that Messrs. J.H. England and M.R. Coutu, and Ms. C.L. Williams have been determined by the Board of Directors to qualify as audit committee financial experts and meet independence standards.

According to the filing, Enbridge Inc. has no off-balance sheet arrangements as defined by Form 40-F under the Securities Act of 1934. This indicates that the company's financial position is fully represented on its balance sheet.