ENBRIDGE 2000 ANNU AL REPORT 37 Total Assets Property, Plant and Equipment Expenditures 3. Property, Plant And Equipment (millions of dollars) December 31, 2000 1999 Energy Transportation 4,238.0 3,718.3 Energy Distribution 4,838.3 4,205.5 Energy Services 935.3 868.8 International 264.4 211.5 Corporate 292.2 204.1 10,568.2 9,208.2 (millions of dollars) December 31, 2000 1999 1998 Energy Transportation 86.5 378.7 976.6 Energy Distribution 250.9 365.0 401.0 Energy Services 24.9 35.2 6.1 International and Corporate 2.0 4.8 4.7 364.3 783.7 1,388.4 Weighted Average (millions of dollars) Depreciation Accumulated December 31, 2000 Rate Cost Depreciation Net Energy Transportation 2.6% 4,197.6 1,405.9 2,791.7 Energy Distribution 2.4% 4,160.8 537.0 3,623.8 Energy Services 7.1% 1,047.7 332.1 715.6 Other 10.1% 39.2 10.3 28.9 9,445.3 2,285.3 7,160.0 Weighted Average (millions of dollars) Depreciation Accumulated December 31, 1999 Rate Cost Depreciation Net Energy Transportation 2.6% 4,082.9 1,247.1 2,835.8 Energy Distribution 2.7% 3,682.0 390.9 3,291.1 Energy Services 4.5% 912.0 294.8 617.2 Other 13.7% 35.2 8.6 26.6 8,712.1 1,941.4 6,770.7 The average depreciation rate for Energy Distribution, including a provision for future removal and site restoration costs, is 4.6% (1999 — 5.0%).