## Founding Date | 2005 |

Boardwalk Pipeline Partners is a subsidiary of Loews

USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|---|---|---|---|---|---|

## Revenue | 1.1b | 1.2b | 1.2b | 1.2b | 1.2b | 1.3b | 1.3b | 1.2b | 1.3b | 1.3b |

| 2% | 1% | 5% | |||||||

## Cost of goods sold | 120.7m | |||||||||

## Gross profit | 1.1b | |||||||||

| 90% | |||||||||

## General and administrative expense | 132.7m | 115.3m | 117.4m | 125.0m | 130.4m | 142.2m | 126.5m | 136.3m | 141.1m | 139.9m |

## Operating expense total | 132.7m | 115.3m | 117.4m | 715.0m | 130.4m | 142.2m | 126.5m | 136.3m | 141.1m | 139.9m |

## Depreciation and amortization | 271.6m | 288.7m | 323.7m | 317.8m | 322.8m | 344.7m | 346.1m | 358.8m | ||

## EBIT | 392.7m | 473.8m | 414.5m | 398.1m | 395.8m | 477.5m | 466.5m | 414.5m | 473.7m | 454.6m |

| 34% | 40% | 34% | 32% | 32% | 37% | 35% | 34% | 37% | 35% |

## Interest expense | 151.3m | 161.5m | 163.4m | 165.5m | 176.4m | 182.8m | 175.7m | 178.7m | 169.7m | |

## Interest income | 400.0k | 700.0k | 500.0k | 400.0k | 400.0k | 400.0k | ||||

## Investment income | (1.1m) | |||||||||

## Pre tax profit | 220.4m | 306.5m | 250.7m | 147.2m | 222.5m | 302.8m | 240.9m | 296.2m | 290.8m | |

## Income tax expense | 400.0k | 500.0k | 500.0k | 400.0k | 500.0k | 600.0k | 700.0k | 600.0k | 500.0k | 300.0k |

## Net Income | 220.0m | 306.0m | 253.7m | 233.6m | 222.0m | 302.2m | 296.1m | 240.3m | 295.7m | 290.5m |

USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|---|---|---|---|---|---|

## Cash | 11.9m | 3.9m | 28.5m | 6.6m | 3.1m | 4.6m | 17.6m | 3.6m | 3.7m | 2.9m |

## Accounts Receivable | 98.0m | 105.3m | 103.5m | 102.6m | 117.2m | 116.8m | 139.2m | 117.2m | 115.1m | |

## Prepaid Expenses | 13.3m | 15.2m | 12.9m | 14.5m | 16.9m | 17.9m | 21.3m | 3.7m | 18.5m | |

## Inventories | ||||||||||

## Current Assets | 162.8m | 153.2m | 177.1m | 149.6m | 169.8m | 174.2m | 180.6m | 212.3m | 167.7m | 173.5m |

## PP&E | 6.2b | 7.2b | 7.2b | 7.6b | 7.7b | 8.0b | 8.3b | 8.4b | 8.5b | 8.5b |

## Goodwill | 163.5m | 270.8m | 215.5m | 237.4m | 237.4m | 237.4m | 237.4m | 237.4m | 237.4m | 237.4m |

## Total Assets | 6.8b | 7.9b | 7.9b | 8.2b | 8.3b | 8.6b | 8.9b | 9.0b | 9.1b | 9.2b |

## Accounts Payable | 42.8m | 69.8m | 65.1m | 51.7m | 118.6m | 458.7m | 87.9m | 71.1m | 77.4m | 43.6m |

## Short-term debt | 33.1m | |||||||||

## Current Liabilities | 192.0m | 255.8m | 236.0m | 220.2m | 314.4m | 332.9m | 280.4m | 257.4m | 269.5m | 266.9m |

## Long-term debt | 3.2b | 3.5b | 3.4b | 3.7b | 3.5b | 3.7b | 3.7b | 3.6b | 3.5b | |

## Non-Current Liabilities | 174.7m | 190.4m | 190.7m | 194.6m | 199.9m | |||||

## Total Debt | 3.2b | 3.5b | 3.7b | 3.5b | 3.7b | 3.7b | 3.6b | 3.5b | ||

## Total Equity | 3.2b | 7.9b | 7.9b | 8.2b | 8.3b | 8.9b | 9.0b | 9.1b | 9.2b | |

## Financial Leverage | 2.1 x | 1 x | 1 x | 1 x | 1 x | 1 x | 1 x | 1 x | 1 x |

USD | Q1, 2010 |
---|---|

## Financial Leverage | 2.1 x |