The following table presents the changes to the cost of the company’s renewable energy generation assets: As at December 31, 2013, the cost of generating facilities under development includes $9 million of capitalized costs  (2012 – $8 million). The following table presents the changes to the accumulated fair value changes of the company’s power generation assets: The following table presents the changes to the accumulated depreciation of the company’s power generation assets: Our infrastructure property, plant and equipment is comprised of the following: b) Infrastructure i.  Infrastructure – Utilities  The company’s utilities assets are comprised of terminals, electricity transmission and distribution networks, which are operated  primarily under regulated rate base arrangements. (MILLIONS) Dec. 31, 2013 Dec. 31, 2012 Cost  $ 3,367 $ 3,201 Accumulated fair value changes  479 214 Accumulated depreciation  (222) (105) Total  $ 3,624 $ 3,310 (MILLIONS) Note 2013 2012 Utilities  (i) $ 3,624 $ 3,310 Transportation  (ii) 3,110 3,157 Energy  (iii) 1,029 857 Sustainable resources  (iv) 801 1,412 $ 8,564 $ 8,736 YEARS ENDED DECEMBER 31  (MILLIONS) 2013 2012 Balance at beginning of year  $ (1,797) $ (1,309) Depreciation expense  (551) (489) Foreign currency translation  117 1 Balance at end of year  $ (2,231) $ (1,797) YEARS ENDED DECEMBER 31  (MILLIONS) 2013 2012 Balance at beginning of year  $ 10,712 $ 9,887 Fair value changes  (150) 830 Foreign currency translation  (504) (5) Balance at end of year  $ 10,058 $ 10,712 YEARS ENDED DECEMBER 31  (MILLIONS) 2013 2012 Balance at beginning of year  $ 7,617 $ 6,149 Additions, net of disposals  186 136 Acquisitions through business combinations  1,387 1,374 Foreign currency translation  (406) (42) Balance at end of year  $ 8,784 $ 7,617 118 BROOKFIELD ASSET MANAGEMENT 