NOTES TO CONSOLIDATED FINANCIAL STATEMENTS REVENUES AND NET INCOME/(LOSS) OTHER FINANCIAL INFORMATION Year ended December 31  (millions of dollars) 2001 2000 1999 Revenues April Plan – 119 2,786 December Plan 21 2,827 3,685 Gas Marketing 12,874 12,266 7,617 12,895 15,212 14,088 Net Income/(Loss) 1 April Plan – – (7) December Plan – – 40 Asset impairments 2 – – (285) Gas Marketing 5 (252) (15) 5 (252) (267) Income taxes (2) 113 152 Results of operations prior to plan approval 3 (139) (115) Net Gain/(Loss) from Discontinued Operations April Plan 1 – – (19) Income taxes – – 39 – – 20 December Plan 1 34 295 (442) Income taxes (14) (95) 3 20 200 (439) Gas Marketing 1 (139) – – Incomes taxes 49 – – (90) – – (67) 61 (534) December 31  (millions of dollars) 2001 2000 Current Assets Accounts receivable 104 1,586 Unrealized gains on energy trading contracts – 1,752 Other current assets 9 135 113 3,473 Unrealized Gains on Energy Trading Contracts – 355 Long-Term Investments – 535 Plant, Property and Equipment 14 336 Other Non-Current Assets 198 357 325 5,056 Current Liabilities Accounts payable 116 2,083 Unrealized losses on energy trading contracts – 1,799 116 3,882 Unrealized Losses on Energy Trading Contracts – 438 Long-Term and Non-Recourse Debt – 213 Other Non-Current Liabilities 9 90 125 4,623 Net Assets of Discontinued Operations 200 433 The provision for loss on discontinued operations at December 31, 2001 was $264 million (December 31, 2000 – $128 million). This was com- prised of $129 million relating to Gas Marketing and $135 million relating to the December Plan. TRANSCANADA 62 1 The net gain/(loss) on disposal in 2001 related to Gas Marketing, and in 1999 related to the April Plan and the December Plan, includes the actual and estimated gains and losses on sale, the results of the discontinued operations between the date of plan approval and the expected dates of disposal, together with direct incremental costs of the dispositions, including severance and transaction expenses. The net gains in 2001 and 2000 related to the December Plan represent adjustments to the 1999 provi- sion resulting from transactions completed and revisions to estimates. 2 Amounts reflect the impairment of certain of the Company’s midstream assets. Asset impairments were determined by comparing estimated future undiscounted net cash flows with the net carrying value of the related asset.