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2020/Q4 2020 Q4 2025-05-02 Not Prepared <div><div style="font-family:'Arial';font-size:12pt;background-color:#FFFFFF;text-align:left;"> <p style="text-indent:0pt;margin-top:0pt;margin-bottom:0pt;font-size:10pt;">1. 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N/A</p> </div></div> <div><div style="font-family: 'Arial'; font-size: 12pt; background-color: #ffffff; text-align: left;"> <p style="text-align: justify; text-indent: 0pt; margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 11pt; font-weight: bold;">1. </span><span style="font-size: 10pt; font-weight: bold;">COMPANY ORGANIZATION AND NATURE OF OPERATIONS</span></p> <p style="text-indent: 0pt; font-size: 10pt; margin: 0pt;">&#160;</p> <p style="text-align: justify; text-indent: -36pt; line-height: 12pt; font-size: 10pt; font-weight: bold; font-style: italic; margin: 0pt 0pt 0pt 36pt;">General</p> <p style="text-align: justify; text-indent: 0pt; line-height: 12pt; font-size: 10pt; margin: 0pt;">&#160;</p> <p style="text-indent: 0pt; font-size: 10pt; margin: 0pt;">North Dakota Pipeline Company L.L.C. (the &#8220;Company&#8221;) is a Delaware limited liability corporation and a direct subsidiary of Enbridge Energy Partners, L.P. (the &#8220;Enbridge Partnership&#8221;). The amendment and restatement of the Company&#8217;s LLC agreement on November 25, 2013 impacted the ownership structure. As part of the LLC Agreement, the membership interests held by the Enbridge Partnership immediately prior to November 25, 2013 in the Company were converted into 1,000 Class A Units. Also, the Enbridge Partnership transferred its ownership of Bakken Pipeline Company L.L.C. and Bakken Pipeline Company L.P. to the Company. As part of the LLC Agreement, the Company issued Class B Units (non-voting) on November 25, 2013. Enbridge Partnership received 62.5% of the Class B Units in consideration for Sandpiper Pipeline capital expenditures prior to November 25, 2013. Williston Basin Pipeline L.L.C., an affiliate of Marathon Petroleum Corporation, received 37.5% of the Class B Units in consideration for its initial capital contribution to the Sandpiper Pipeline project. The agreement between the Company and Williston Basin Pipeline L.L.C. had Williston funding 37.5% of the Sandpiper Project construction until the project was delayed. On September 1, 2016, the Company applied for the withdrawal of regulatory applications for the Sandpiper project with the Minnesota Public Utilities Commission, (the "MNPUC"). On October 28, 2016, the MNPUC approved the application without conditions and issued the written order on November 10, 2016. The Company decided to discontinue the Sandpiper Project due to difficulties in obtaining all the necessary permits and regulatory approvals, the delayed progress of the project to date, and our expectations of near term demand for the pipeline as well as the future political and regulatory environment in the United States. If the Sandpiper project is terminated prior to the project&#8217;s in-service date, the Company would purchase all the Class B units held by Williston pursuant to a liquidation event. Following such purchase, the Class B units would be canceled.</p> <p style="text-indent: 0pt; font-size: 10pt; margin: 0pt;">&#160;</p> <p style="text-indent: 0pt; line-height: 115%; font-size: 10pt; margin: 0pt 0pt 10pt 0pt;">On December 13, 2019, the Enbridge Partnership and Williston reached a settlement agreement (the &#8220;Settlement Agreement&#8221;). Under the Settlement Agreement, the parties agreed to cancel all the Class B Units held by the Enbridge Partnership and Williston. 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Enbridge Employee Services Other Afiiliates Miscellaneous Transactions Miscellaneous Transactions Employee Services Employee Services Minor accounts, under $500,000 Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming District of Columbia Other (Specify): Business Taxes State Franchise Tax Allocated to Non-carrier 1386288 273969 3384894 -221638 2600 -26868 President Assistant Treasurer Senior Vice President and General Counsel Corporate Secretary Senior Vice President - Liquids Pipelines, Operations Assistant Corporate Secretary Senior Vice President, Unify Associate General Counsel and Assistant Corporate Sec Vice President - Asset Performance Tax Officer Vice President, Finance Vice President Vice President - Business Development Vice President - U.S. Operations, Liquids Pipeline Treasurer Controller Phillip M. Anderson Andrew M. Swales R. Thomas Schwartz Kelly L. Gray Dean C. Patry Lee Ann Cis Laura J. Buss Sayavedra Lisa D. Wilson Brian S. Johnson Kenneth C. Lanik Christopher J. Johnston Stephen J. Neyland Vincent A. Paradis Michael P. Koby Maxmillan G. Chan David L. Berry 5400 Wesheimer Court Houston, TX 77056 Houston, TX 77056 200, 425 - 1st ST SW 200, 425 - 1st ST SW Calgary, AB T2P3L8 Canada Calgary, AB T2P3L8 Canada 5400 Westheimer Court 200, 425 - 1st ST SW Houston, TX 77056 Calgary, AB T2P3L8 Canada 5400 Westheimer Court 5400 Westheimer Court Houston, TX 77056 Houston, TX 77056 26 E. Superior St., Ste 309 Duluth, MN 55802 200, 425 - 1st ST SW Calgary, AB T2P3L8 Canada 5400 Westheimer Court Houston, TX 77056 200, 425 - 1st ST SW Calgary, AB T2P3L8 Canada 5400 Westheimer Court Houston, TX 77056 5400 Westheimer Court Houston, TX 77056 5400 Westheimer Court Houston, TX 77056 200, 425 - 1st ST SW Calgary, AB T2P3L8 Canada 5400 Westheimer Court Affiliate Revenue Minor Accounts, Less than $500,000 North Dakota Minnesota 48613029 48613029 48613029 632680 632680 632680 45796385 45796385 45796385 95042094 95042094 95042094 21922162 73996479 95918641 95918641 21922162 73996479 95918641 95918641 95918640 28146999533 26371321 -4253390 -791804 19160475 -76532 -110549 -123570 1032756 191478 129081610 14230057 433 -3391214 10839276 16707719 -27546995 -100000000 -100000000 -100000000 1534615 Asset Impairment Gain on disposition Interest Payable Other: Prepayments Other non Current Assets Non-Current Liabilities Derivative Instrument Hedge Other Deferred Charges Other Assets Other: Changes in Construction Payables Contractor Holdbacks Salvage Retirements - Cost of Removal Other Other: Other: Net Increase in Short term Debt from Affiliate Other: Short Term Debt from Affiliates - Payments Short Term Debt from Affiliates - Issuance Other: Current Portion of Long-Term Debt Cash Distributed to Partners Other: 77591037 77591037 77591037 613638 2636964 329190 4287520 34345 1007568 738562 98167 12731 10517 1106 46960 114488 9931756 3774852 37764790 1848398 35832069 15062038 25840571 83287737 24661862 4227592 2519751 1322056 4305849 240447565 252945 252945 250632266 718884871 37584579 756469450 16367397 39879587 56246984 16314535 0.2769 1161763482 6246 613636 2636965 329190 4287521 34345 1007570 738561 98167 12731 10517 1105 57407 206686 10040647 6991125 11941578 346887277 9985424 108793165 46699533 110194079 274997704 93986530 15460311 4635736 3201493 12775121 1046549076 339393 1842969 2182362 1058772085 11832943 4410646 15035655 258002 791804 359042 750284 32922372 115426097 115426097 1058772085 250632266 808139819 6103232 950911 5152321 813292140 3022134 1442801 4714448 580 99848 6394209 968034818 147548893 972428 78944 5116425 100000000 21505830 275222520 558453 4953 612075 1175481 276398001 -470126665 691636817 968034818 115585163 -159066 115426097 11832943 -470126665 31185287 -400958081 6047406 6047406 6047406 140042089 140042089 139848071 194018 7550550 7550550 7550550 14912217 14912217 168552262 168552262 70927166 19879112 868406 1888608 0.4276 0.5724 0.0506 0.0921 0.0744 166124811 168348844 109755872 30701943748 96756284 71795978 1358515 3363357 4960000 11269609 15833991 4326254 76122232 76122232 76122232 76122232 153446027 194018 153640045 25743813 -12572684 -1020137 39094635 4795 104985 593099 1842329 1755265 158853974 14054251 3027260 17081511 15833991 -32915502 -145290816 -145290816 -19352344 76122232 76122232 145290816 145290816 -69168584 N/A N/A N/A N/A N/A N/A 0 A Bakken Pipeline Comapny L.P 1 132133816 Hedge Gains 7923183 52 1 2 3 4 5 6 1 1 2 1 2 3 4 1 2 3 4 5 1 2 1 2 1 1 2 6 11 12 16 1 2 1 1 2 3 4 1 12 18 22 31 2 3 6 7 9 10 11 13 15 16 25 28 31 4 5 12 18 19 20 21 22 23 24 27 33 34 35 36 37 38 39 1 3 13 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 1 103 4 5 106 7 8 109 10 112 113 14 15 115 17 20 23 24 26 27 29 32 101 2 104 107 110 11 116 18 21 30 1 2 13 15 17 18 20 29 68 6 9 14 16 19 28 30 31 32 33 52 63 64 67 69 75 76 79 81 64 1 1 1

Management believes that the information on this page has been prepared consistent with the Commission's Opinion 154-B methodology. This presentation on page 700 is not necessarily in the form in which it would appear in connection with a challenge to a particular rate, or rates, and is therefore not intended to be binding in any specific rate litigation.

 

Totals may not sum due to rounding.

 

Notes:

2019 and 2020 data has been restated using a revised return on equity (ROE) calculation consistent with the ROE methodology approved by the Commission in Opinion No. 586.