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<strong>Financial</strong> <strong>Information</strong> <strong>Act</strong> <strong>Return</strong><br />

<strong>Financial</strong> Statements<br />

Year Ended <strong>March</strong> <strong>31</strong>, <strong>2007</strong><br />

(Published in accordance with the <strong>Financial</strong> <strong>Information</strong> <strong>Act</strong>,<br />

Chapter 1<strong>31</strong>, Statutes of British Columbia, 1979)


British Columbia Cataloguing in Publication Data<br />

<strong>BC</strong> <strong>Hydro</strong><br />

<strong>Financial</strong> Statements- 1962/63 –<br />

Annual<br />

Cover title varies: 1962/63 – 1980/81, Public Bodies<br />

<strong>Financial</strong> <strong>Information</strong> <strong>Act</strong> <strong>Return</strong>: 1982/83 –<br />

<strong>Financial</strong> <strong>Information</strong> <strong>Act</strong> <strong>Return</strong><br />

Report year ends Mar.<strong>31</strong><br />

ISSN 0521-1380 = <strong>Financial</strong> Statements – British Columbia <strong>Hydro</strong> and<br />

Power Authority<br />

1. <strong>BC</strong> <strong>Hydro</strong> – Appropriations and Expenditures I<br />

Title: Public Bodies <strong>Financial</strong> <strong>Information</strong> <strong>Act</strong> <strong>Return</strong><br />

II. Title: <strong>Financial</strong> <strong>Information</strong> <strong>Act</strong> <strong>Return</strong><br />

HD2768.C35B735<br />

Rev.Aug.1993<br />

354.711’008’72


<strong>Financial</strong> <strong>Information</strong> <strong>Act</strong> <strong>Return</strong><br />

For year ended <strong>March</strong> <strong>31</strong>, <strong>2007</strong><br />

TABLE OF CONTENTS<br />

A. Audited Consolidated <strong>Financial</strong> Statements <strong>2007</strong><br />

B. <strong>BC</strong> <strong>Hydro</strong><br />

Statement of Salaries and Wages Paid – General<br />

Statement of Remuneration and Expenses – Board of Direc<strong>to</strong>rs<br />

Statement of Remuneration and Expenses – Employees<br />

Statement of Accounts Paid<br />

C. <strong>BC</strong> <strong>Hydro</strong> Construction Business Unit<br />

Statement of Salaries and Wages Paid – General<br />

Statement of Remuneration and Expenses<br />

Statement of Accounts Paid<br />

D. Columbia <strong>Hydro</strong> Construc<strong>to</strong>rs Ltd.<br />

Statement of Salaries and Wages Paid – General<br />

Statement of Remuneration and Expenses<br />

Statement of Accounts Paid<br />

E. Powerex Corp<br />

Statement of Salaries and Wages Paid – General<br />

Statement of Remuneration and Expenses<br />

Statement of Accounts Paid<br />

F. Powertech Labs Inc.<br />

Statement of Salaries and Wages Paid – General<br />

Statement of Remuneration and Expenses<br />

Statement of Accounts Paid<br />

G. <strong>BC</strong> <strong>Hydro</strong> Services Asset Corp<br />

Statement of Accounts Paid


Audited Consolidated<br />

<strong>Financial</strong> Statements<br />

<strong>2007</strong>


<strong>Financial</strong> Results<br />

7 9<br />

2 0 0 7 B C H Y D R O A N N U A L R E P O R T


ManageMent Discussion anD analysis<br />

For the year enDeD <strong>March</strong> <strong>31</strong>, <strong>2007</strong><br />

8 0<br />

2 0 0 7 B C H Y D R O A N N U A L R E P O R T<br />

F I N A N C I A L R E S U L T S<br />

The Management Discussion and Analysis reports on <strong>BC</strong> <strong>Hydro</strong>’s consolidated results and financial position for the year ended <strong>March</strong> <strong>31</strong>, <strong>2007</strong><br />

(fiscal <strong>2007</strong>). This discussion should be read in conjunction with the consolidated financial statements of the Company and related notes. This report<br />

contains forward–looking statements, including statements regarding the business and anticipated financial performance of <strong>BC</strong> <strong>Hydro</strong>. These<br />

statements are subject <strong>to</strong> a number of risks and uncertainties that may cause actual results <strong>to</strong> differ from those contemplated in the forward–looking<br />

statements.<br />

For fiscal <strong>2007</strong>, <strong>BC</strong> <strong>Hydro</strong>’s results benefited from higher cus<strong>to</strong>mer rates, increased consumption, higher energy trading income, lower energy costs,<br />

and lower amortization expense. Water inflows were 10 per cent lower than the prior year (and 12 per cent lower than average) resulting in lower<br />

hydro generation than in the prior year, however required energy purchases were made at a lower unit cost per megawatt hour (MWh) resulting in a<br />

reduction in the <strong>to</strong>tal cost of energy compared <strong>to</strong> the prior year.<br />

highlights<br />

• Net income for the year ended <strong>March</strong> <strong>31</strong>, <strong>2007</strong> was $407 million, an increase of $141 million from the prior year. This resulted in a return on<br />

equity of 13.44 per cent compared <strong>to</strong> 9.26 per cent for fiscal 2006.<br />

• On November 10, 2006, the British Columbia Utilities Commission (Commission) approved the Negotiated Settlement Agreement (NSA) with<br />

respect <strong>to</strong> the F<strong>2007</strong>/2008 Revenue Requirements Application (F07/08 RRA). The Commission approved a rate increase of 1.54 per cent effective<br />

July 1, 2006 and a further 2.1 per cent effective February 1, <strong>2007</strong>, for a <strong>to</strong>tal increase of 3.64 per cent. Included in the February 1, <strong>2007</strong> rate<br />

increase is a two per cent rate rider for the purpose of recovering a portion of the current balances in the energy deferral accounts.<br />

• During the months from Oc<strong>to</strong>ber <strong>to</strong> January, <strong>BC</strong> <strong>Hydro</strong> incurred $37 million in s<strong>to</strong>rm res<strong>to</strong>ration costs related <strong>to</strong> several major s<strong>to</strong>rms that<br />

occurred throughout British Columbia. <strong>BC</strong> <strong>Hydro</strong> is applying <strong>to</strong> the Commission for recovery through future rates of the major s<strong>to</strong>rm costs<br />

incurred in excess of forecast.<br />

• Property, plant and equipment and intangible asset expenditures of $807 million are 32 per cent higher ($197 million) than the prior year<br />

primarily due <strong>to</strong> building new and improving existing substation equipment, seismic upgrades, sta<strong>to</strong>r replacements and refurbishment of the<br />

generation facilities, and increased volume of new cus<strong>to</strong>mer construction.<br />

(dollar amounts in millions) <strong>2007</strong> 2006 Change<br />

Total Assets $ 12,845 $ 12,484 $ 361<br />

Retained Earnings $ 1,783 $ 1,707 $ 76<br />

Net Income $ 407 $ 266 $ 141<br />

Payment <strong>to</strong> the Province $ 3<strong>31</strong> $ 223 $ 108<br />

<strong>Return</strong> on Equity1 13.44% 9.26% 4.18%<br />

Debt <strong>to</strong> Equity1 70:30 70:30 –<br />

Number of Domestic Cus<strong>to</strong>mers 1,736,741 1,704,671 32,070<br />

GWh Sold (Domestic)<br />

Property, Plant and Equipment and<br />

52,911 52,440 471<br />

Intangible Asset Expenditures $ 807 $ 610 $ 197<br />

1 Based on equity as defined for regula<strong>to</strong>ry purposes


ManageMent Discussion anD analysis<br />

For the year enDeD <strong>March</strong> <strong>31</strong>, <strong>2007</strong><br />

consoliDateD results oF operations<br />

8 1<br />

2 0 0 7 B C H Y D R O A N N U A L R E P O R T<br />

F I N A N C I A L R E S U L T S<br />

Income before regula<strong>to</strong>ry accounts of $379 million for the year ended <strong>March</strong> <strong>31</strong>, <strong>2007</strong> compares with $25 million in the previous year. The primary<br />

reasons for the increase in income before regula<strong>to</strong>ry accounts is the increase in gross margin on sales of $257 million due <strong>to</strong> lower domestic and<br />

trade energy costs, lower operating costs of $89 million, and lower amortization expense of $28 million, offset by an increase in finance charges of<br />

$18 million.<br />

Net income after regula<strong>to</strong>ry account transfers was $407 million for the year ended <strong>March</strong> <strong>31</strong>, <strong>2007</strong> compared with $266 million in the previous year.<br />

<strong>BC</strong> <strong>Hydro</strong>’s net income increased significantly from fiscal 2006 mainly due <strong>to</strong> increased domestic revenue, increased income from energy trading<br />

activities, and lower amortization expense.<br />

Revenues<br />

In millions in gigawatt hours<br />

<strong>2007</strong> 2006 <strong>2007</strong> 2006<br />

Domestic:<br />

Residential $ 1,070 $ 1,046 16,651 16,261<br />

Light industrial and commercial 1,025 989 18,268 17,913<br />

Large industrial 556 584 15,989 16,428<br />

Other energy sales 140 108 2,003 1,838<br />

$ 2,791 $ 2,727 52,911 52,440<br />

Trade:<br />

Electricity $ 904 $ 1,076 33,372 29,906<br />

Gas 502 508 7,964 6,641<br />

$ 1,406 $ 1,584 41,336 36,547<br />

Total $ 4,197 $ 4,<strong>31</strong>1 94,247 88,987<br />

Total revenues for the year of $4,197 million decreased 2.6 per cent over fiscal 2006 mainly due <strong>to</strong> decreased electricity trade revenue due <strong>to</strong> a lower<br />

average sales price. Volumes in <strong>2007</strong> of 94,247 GWh were 5.9 per cent higher than fiscal 2006 due <strong>to</strong> strong residential and light industrial<br />

cus<strong>to</strong>mer demand and higher trade volumes.<br />

Domestic Revenues<br />

Total domestic revenues of $2,791 million for the year ended <strong>March</strong> <strong>31</strong>, <strong>2007</strong> were $64 million or 2.3 per cent higher than the previous year.<br />

Average sales prices were higher than last year due <strong>to</strong> a 1.54 per cent rate increase from July 1, 2006 <strong>to</strong> January <strong>31</strong>, <strong>2007</strong> and an additional<br />

2.1 per cent increase effective February 1, <strong>2007</strong>. Consumption was higher in the residential and light industrial and commercial sec<strong>to</strong>rs, offset by<br />

lower large industrial consumption. There was a 2.3 per cent increase in residential revenue due <strong>to</strong> 3.8 per cent cooler average temperatures during<br />

the year and the addition of 28,741 cus<strong>to</strong>mers. Light industrial and commercial revenues increased 3.6 per cent from the higher rates and 3,306<br />

additional cus<strong>to</strong>mers. Revenue for large industrial cus<strong>to</strong>mers decreased 4.8 per cent from fiscal 2006 due <strong>to</strong> reduced consumption as a result of<br />

lower economic activity in certain sec<strong>to</strong>rs and some industrial cus<strong>to</strong>mers lowered their consumption <strong>to</strong> receive the benefit of a lower stepped rate<br />

provided <strong>to</strong> industrial cus<strong>to</strong>mers who maintain or reduce their prior year consumption amounts. Other energy sales increased 29.6 per cent due <strong>to</strong><br />

lower mark-<strong>to</strong>-market losses on forward energy contracts in fiscal <strong>2007</strong> compared <strong>to</strong> fiscal 2006.<br />

Trade Revenues<br />

The interconnection of <strong>BC</strong> <strong>Hydro</strong>’s electricity system with systems in Alberta and the western United States facilitates sales and purchases of<br />

electricity outside of British Columbia. Energy trade activities are carried out by Powerex, a wholly owned subsidiary of <strong>BC</strong> <strong>Hydro</strong>. Trade activities help<br />

<strong>BC</strong> <strong>Hydro</strong> balance its system by being able <strong>to</strong> import energy <strong>to</strong> meet domestic demand when there is a supply shortage in the system due <strong>to</strong> such<br />

fac<strong>to</strong>rs as low water inflows. Exports are made only after ensuring domestic demand requirements can be met.


ManageMent Discussion anD analysis<br />

For the year enDeD <strong>March</strong> <strong>31</strong>, <strong>2007</strong><br />

consoliDateD results oF operations (continued)<br />

8 2<br />

2 0 0 7 B C H Y D R O A N N U A L R E P O R T<br />

F I N A N C I A L R E S U L T S<br />

Total trade revenues for the year ended <strong>March</strong> <strong>31</strong>, <strong>2007</strong> were $1,406 million, a decrease of 11.2 per cent compared <strong>to</strong> $1,584 million in the prior<br />

year. Total trade sales volumes were 41,336 GWh, an increase of 13.1 per cent compared <strong>to</strong> 36,547 GWh in the prior year. The decrease in trade<br />

revenues is primarily due <strong>to</strong> a decrease in electricity trade revenue as average sales prices for electricity were 18.6 per cent lower than the prior year<br />

at an average gross price of $64.17/MWh (2006 – $78.86/MWh). This decrease was partially offset by an 11.6 per cent increase in electricity volumes<br />

which <strong>to</strong>taled 33,372 GWh (2006 – 29,906 GWh). In addition, gas trade revenues marginally decreased as a result of a 19.9 per cent increase in gas<br />

sales volumes which <strong>to</strong>taled 7,964 GWh (2006 – 6,641GWh) offset by a 17.6 per cent decrease in the average gross sales prices for gas which<br />

decreased <strong>to</strong> $62.33/MWh (2006 – $75.71/MWh).<br />

The decrease in energy market prices in the current year was primarily driven by lower natural gas prices due <strong>to</strong> higher levels of North American gas<br />

s<strong>to</strong>rage inven<strong>to</strong>ries. This s<strong>to</strong>rage accumulated as a result of milder weather in the spring and summer months of 2006 and due <strong>to</strong> minimal supply<br />

interruptions compared <strong>to</strong> the previous year when there were several hurricanes.<br />

Energy Costs<br />

Energy costs are influenced primarily by the volume of energy consumed and the mix of sources of supply. The mix of sources of supply is influenced<br />

by variables such as the market price of energy, water inflows, reservoir levels, energy demand and environmental and social impacts.<br />

Energy costs are comprised of the following sources of supply:<br />

($ in millions) (gigawatt hours) ($per MWh)<br />

<strong>2007</strong> 2006 <strong>2007</strong> 2006 <strong>2007</strong> 2006<br />

<strong>Hydro</strong> generation $ 259 $ 272 44,886 46,219 $ 5.82 $ 5.81<br />

Purchases from Independent Power<br />

Producers and other long-term contracts 363 449 6,041 6,741 60.09 66.61<br />

Other electricity purchases – Domestic 248 350 5,698 5,853 43.52 59.80<br />

Gas for thermal generation 78 53 1,060 375 73.58 141.33<br />

Transmission charges and other expenses 22 79 112 109 – –<br />

Allocation from (<strong>to</strong>) trade energy 67 (68) 656 (1,321) 64.32 71.75<br />

Total Domestic $ 1,037 $ 1,135 58,453 57,976 $ 17.74 $ 19.57<br />

Other electricity purchases – Trade 1 $ 438 $ 565 33,815 28,405 $ 50.34 $ 65.21<br />

Remarketed gas 480 494 8,320 6,912 57.67 71.54<br />

Transmission charges and other expenses 229 226 – – – –<br />

Allocation (<strong>to</strong>) from domestic energy (67) 68 (656) 1,321 64.32 71.75<br />

Total Trade $ 1,080 $ 1,353 41,479 36,638 $ 56.52 $ 72.07<br />

Total Energy Costs $ 2,117 $ 2,488 99,932 94,614 $ 33.84 2 $ 39.90 2<br />

1 Other electricity purchases in dollars include purchases for trade activities shown net of derivatives. Gigawatt hours and $ per MWh are shown<br />

at gross cost.<br />

2 Total cost per MWh includes other electricity purchases at gross cost.


ManageMent Discussion anD analysis<br />

For the year enDeD <strong>March</strong> <strong>31</strong>, <strong>2007</strong><br />

consoliDateD results oF operations (continued)<br />

8 3<br />

2 0 0 7 B C H Y D R O A N N U A L R E P O R T<br />

F I N A N C I A L R E S U L T S<br />

For the year ended <strong>March</strong> <strong>31</strong>, <strong>2007</strong> <strong>to</strong>tal energy costs of $2,117 million were $371 million or 14.9 per cent lower than the previous year. The<br />

decrease is the result of a lower volume of purchases from IPPs, lower average purchase costs for domestic electricity purchases, lower transmission<br />

charges, and lower average costs for electricity and gas trade purchases. Total volume of energy supplied was 99,932 GWh, 5.6 per cent more than<br />

the prior year, with an average purchase price of $33.84/MWh, a 15.2 per cent decline over fiscal 2006. Domestic energy costs were $98 million<br />

lower than fiscal 2006, a decrease of 8.6 per cent. The change is a result of less hydro generation due <strong>to</strong> lower water inflows, reduced high cost<br />

purchases from Island Cogeneration due <strong>to</strong> an extended outage, and 9.4 per cent lower average unit costs. Thermal energy sources provided an<br />

additional 685 GWh’s over last year due <strong>to</strong> increased production from Burrard Generating Station <strong>to</strong> meet demand during peak periods, offset by<br />

lower natural gas prices at $73.58 per MWh versus $141.33 per MWh last year.<br />

Trade energy costs decreased $273 million, or 20.2 per cent, primarily as a result of lower electricity costs. The average gross trade electricity<br />

purchase price decreased 22.8 per cent <strong>to</strong> $50.34/MWh (2006 – $65.21/MWh). This decrease was partially offset by an increase in Powerex’s<br />

electricity trade purchase volumes which increased 5,410 GWh, or 19.0 per cent. The difference between the electricity trade sales volumes and<br />

electricity trade purchase volumes of 443 GWh relates <strong>to</strong> energy that Powerex sold <strong>to</strong> <strong>BC</strong> <strong>Hydro</strong> in the current fiscal year that Powerex will<br />

repurchase from <strong>BC</strong> <strong>Hydro</strong> in future years. Gas trading costs decreased slightly as the average gross trade gas purchase price decreased 19.4 per cent<br />

<strong>to</strong> $57.67/MWh (2006 – $71.54/MWh). The decrease in the average gross trade gas purchase price was partially offset by a 20.4 per cent increase in<br />

gas trading volumes <strong>to</strong> 8,320 GWh (2006 – 6,912 GWh).<br />

Water inflows in<strong>to</strong> <strong>BC</strong> <strong>Hydro</strong>’s reservoirs were 10 per cent lower during the year ended <strong>March</strong> <strong>31</strong>, <strong>2007</strong> compared <strong>to</strong> the prior year. This resulted in a<br />

decrease in the volume of low-cost hydro generation, one fac<strong>to</strong>r influencing the level of electricity imports. The decision <strong>to</strong> import energy instead of<br />

utilizing hydro generation is based on many fac<strong>to</strong>rs, such as the forecast market price of energy in future periods relative <strong>to</strong> the current period,<br />

current reservoir levels and future demand requirements. Operating constraints related <strong>to</strong> legal and regula<strong>to</strong>ry obligations such as minimum reservoir<br />

levels and stream flow requirements also affect the decision <strong>to</strong> import energy.<br />

Despite lower inflows, reservoirs have been managed such that the combined s<strong>to</strong>rage in <strong>BC</strong> <strong>Hydro</strong> reservoirs at <strong>March</strong> <strong>31</strong>, <strong>2007</strong>, was 103 per cent of<br />

average compared with 124 per cent of average at <strong>March</strong> <strong>31</strong>, 2006 (average s<strong>to</strong>rage levels relate <strong>to</strong> the average from 1986 <strong>to</strong> 2006), with the<br />

Willis<strong>to</strong>n Reservoir on the Peace River system at 97 per cent of average (2006 – 128 per cent) and the Kinbasket Reservoir on the Columbia River<br />

system at 110 per cent of average (2006 – 115 per cent). The lower reservoir level this year positions <strong>BC</strong> <strong>Hydro</strong> well <strong>to</strong> absorb the higher expected<br />

system runoff in fiscal 2008 due <strong>to</strong> the current snowpack conditions.<br />

Operations costs<br />

Operations costs for the year ended <strong>March</strong> <strong>31</strong>, <strong>2007</strong> were $107 million lower than the previous year. The decrease from fiscal 2006 was primarily<br />

due <strong>to</strong> a $44 million decrease in demand-side management program expenditures in fiscal <strong>2007</strong> and the $88 million provision made in the prior year<br />

for First Nation settlement costs. These were partially offset by a $17 million increase in provisions for California litigation matters.<br />

Expenditures on demand-side management programs (Power Smart) were lower in fiscal <strong>2007</strong> as incentive payments were reduced due <strong>to</strong> the<br />

implementation of stepped rates for industrial cus<strong>to</strong>mers. Stepped rates provide a two-tier rate plan <strong>to</strong> Industrial cus<strong>to</strong>mers <strong>to</strong> encourage them <strong>to</strong><br />

reduce their consumption by charging them a lower rate for consumption levels below a target based on his<strong>to</strong>rical usage. Several industrial<br />

cus<strong>to</strong>mers <strong>to</strong>ok advantage of stepped rates instead of Power Smart initiatives <strong>to</strong> reduce their costs in fiscal <strong>2007</strong>.<br />

Maintenance costs<br />

Maintenance costs for the year ended <strong>March</strong> <strong>31</strong>, <strong>2007</strong> were $45 million higher than the previous year. The increase was primarily due <strong>to</strong> the<br />

$37 million of s<strong>to</strong>rm res<strong>to</strong>ration costs incurred during several major s<strong>to</strong>rms which <strong>to</strong>ok place during the winter months and additional corrective<br />

maintenance and rewedging costs incurred for the generation assets.


ManageMent Discussion anD analysis<br />

For the year enDeD <strong>March</strong> <strong>31</strong>, <strong>2007</strong><br />

consoliDateD results oF operations (continued)<br />

General and administrative costs<br />

8 4<br />

2 0 0 7 B C H Y D R O A N N U A L R E P O R T<br />

F I N A N C I A L R E S U L T S<br />

Total general and administrative costs were $27 million lower for year ended <strong>March</strong> <strong>31</strong>, <strong>2007</strong> compared <strong>to</strong> the prior year. The reduction is primarily a<br />

combination of lower employee related costs, non-current service pension expense, and environmental remediation costs compared <strong>to</strong> fiscal 2006.<br />

Amortization Expense<br />

Amortization expense for the year ended <strong>March</strong> <strong>31</strong>, <strong>2007</strong> was $28 million lower than the previous year. This reduction is the result of the write-<br />

down of certain assets at the Burrard Generating Station of $23 million in fiscal 2006 and reduced depreciation expense of $13 million arising from a<br />

revision in estimated asset service lives based on a depreciation study undertaken by the Company.<br />

Finance Charges<br />

Finance charges for the year ended <strong>March</strong> <strong>31</strong>, <strong>2007</strong> were $18 million higher than the previous year. This was primarily a result of the higher U.S.<br />

short-term interest rates on debt refinancing ($36 million), lower U.S. dollar sinking fund income ($15 million) and a higher average volume of debt<br />

($15 million). This is partially offset by the favourable variances in foreign exchange due <strong>to</strong> a stronger Canadian dollar in fiscal <strong>2007</strong> ($29 million),<br />

and higher interest capitalized during construction ($14 million).<br />

<strong>Return</strong> on Equity and Payment <strong>to</strong> the Province<br />

(dollar amounts in millions) <strong>2007</strong> 2006<br />

<strong>Act</strong>ual return on equity 1 13.44% 9.26%<br />

Allowed return on equity 13.10% 2 13.51%<br />

Payment <strong>to</strong> the Province $ 3<strong>31</strong> $ 223<br />

1 Based on equity as defined for regula<strong>to</strong>ry purposes.<br />

2 <strong>BC</strong> <strong>Hydro</strong>’s allowed rate of return was approved by the Commission in its rate decision of November 10, 2006. The allowed return on equity has<br />

been calculated <strong>to</strong> equal, on a pre–income tax basis, that of the most comparable inves<strong>to</strong>r–owned utility.<br />

<strong>BC</strong> <strong>Hydro</strong> is required <strong>to</strong> make an annual Payment <strong>to</strong> the Province equal <strong>to</strong> 85 per cent of its distributable surplus.<br />

Liquidity and Capital Resources<br />

Cash flow provided by operating activities for the year ended <strong>March</strong> <strong>31</strong>, <strong>2007</strong> was $557 million, compared with $637 million for the prior year. The<br />

primary reason that cash flow provided by operating activities decreased in fiscal <strong>2007</strong> is due <strong>to</strong> solvency payments made <strong>to</strong> the <strong>BC</strong> <strong>Hydro</strong> Pension<br />

Benefit Plan of $111 million and other decreases in working capital of $129 million, offset by increased income over fiscal 2006.<br />

<strong>BC</strong> <strong>Hydro</strong> is subject <strong>to</strong> an overall borrowing limit of $8,800 million, net of sinking funds. At <strong>March</strong> <strong>31</strong>, <strong>2007</strong> <strong>BC</strong> <strong>Hydro</strong> had an unused borrowing<br />

capacity <strong>to</strong>talling $1,876 million. During fiscal <strong>2007</strong>, <strong>BC</strong> <strong>Hydro</strong> issued $300 million of new bonds and increased revolving borrowing by $407 million.<br />

The funds from these issues, cash flows from operations and sinking funds were used <strong>to</strong> redeem $526 million of bonds, fund the Payment <strong>to</strong> the<br />

Province and fund property, plant and equipment expenditures. Long-term debt, net of sinking funds and cash and cash equivalents, was<br />

$6,916 million at <strong>March</strong> <strong>31</strong>, <strong>2007</strong>, compared <strong>to</strong> $6,627 million as at the end of the prior year.


ManageMent Discussion anD analysis<br />

For the year enDeD <strong>March</strong> <strong>31</strong>, <strong>2007</strong><br />

Property, Plant and Equipment and Intangible Asset Expenditures<br />

Property, plant and equipment and intangible asset expenditures were as follows:<br />

8 5<br />

2 0 0 7 B C H Y D R O A N N U A L R E P O R T<br />

F I N A N C I A L R E S U L T S<br />

(in millions) <strong>2007</strong> 2006 Increase<br />

Generation replacements and expansion $ 180 $ 130 $ 50<br />

Transmission lines and substation replacements and expansion 247 161 86<br />

Distribution improvements and expansion 295 249 46<br />

General – including computers and vehicles 85 70 15<br />

Total property, plant and equipment and intangible asset expenditures $ 807 $ 610 $ 197<br />

For the year ended <strong>March</strong> <strong>31</strong>, <strong>2007</strong>, the increase in generation replacements and expansion is due <strong>to</strong> work on station refurbishments, sta<strong>to</strong>r<br />

replacements, turbine overhauls, and seismic upgrades. The increase in transmission expenditures is due <strong>to</strong> construction of four new substations <strong>to</strong><br />

meet cus<strong>to</strong>mer load growth and several reinforcement projects. The increase in distribution improvements and expansion is due <strong>to</strong> a higher volume<br />

of cus<strong>to</strong>mer construction and connections and increased system growth improvement work.<br />

Mark-<strong>to</strong>-Market Gains and Losses<br />

<strong>BC</strong> <strong>Hydro</strong> uses mark-<strong>to</strong>-market accounting on its contracted commitments for foreign exchange transactions and Powerex trading transactions that<br />

meet the definition of a derivative and are not designated as effective hedges. Mark-<strong>to</strong>-market gains are recorded as assets and losses are recorded<br />

as liabilities on the balance sheet. As at <strong>March</strong> <strong>31</strong>, <strong>2007</strong>, <strong>BC</strong> <strong>Hydro</strong> recorded a net gain of $18 million ($61 million gain less $43 million loss)<br />

compared <strong>to</strong> a net loss of $24 million in last year from mark-<strong>to</strong>-market transactions.<br />

Comparison with Service Plan<br />

Each year, <strong>BC</strong> <strong>Hydro</strong>’s Service Plan is prepared for presentation <strong>to</strong> the British Columbia Legislature under the Budget Transparency and Accountability<br />

<strong>Act</strong>. The plan outlines <strong>BC</strong> <strong>Hydro</strong>’s goals, objectives and key strategies, along with the results it expects <strong>to</strong> achieve for the following three-year period.<br />

In <strong>BC</strong> <strong>Hydro</strong>’s February 2006 Service Plan, fiscal <strong>2007</strong> net income was forecast <strong>to</strong> be $50 million.<br />

<strong>Act</strong>ual income before regula<strong>to</strong>ry account transfers for the year ended <strong>March</strong> <strong>31</strong>, <strong>2007</strong> was $379 million which was $361 million higher than the<br />

February 2006 Service Plan forecast of $18 million. This is primarily due <strong>to</strong> lower than forecasted cost of energy due <strong>to</strong> lower energy purchase costs<br />

and lower volume of IPP purchases during fiscal <strong>2007</strong> and the rate increase approved by the Commission which was not included in the Service Plan<br />

forecast.<br />

Trade revenues were $688 million lower than the February 2006 Service Plan due <strong>to</strong> a 30 per cent lower average trade sales price. This is offset by<br />

lower trade energy costs due <strong>to</strong> 39 per cent lower average trade energy prices.<br />

Operations costs increased $78 million from the February 2006 Service Plan due <strong>to</strong> increased legal costs and a change in the presentation of<br />

demand-side management program expenditures and First Nations costs on the income statement. Maintenance costs increased $43 million from<br />

the 2006 Service Plan mainly due <strong>to</strong> unplanned s<strong>to</strong>rm res<strong>to</strong>ration costs incurred during the winter months. Administration costs decreased<br />

$27 million due <strong>to</strong> the lower non-current service pension costs and lower employee related expenses.<br />

Amortization expense is $48 million lower than the February 2006 Service Plan due <strong>to</strong> delays in projects during the year, resulting in fewer assets<br />

in service.<br />

The impact <strong>to</strong> net income of these variances is partially transferred <strong>to</strong> regula<strong>to</strong>ry accounts. As a result, the actual net income of $407 million was<br />

$357 million more than the February 2006 Service Plan.


ManageMent Discussion anD analysis<br />

For the year enDeD <strong>March</strong> <strong>31</strong>, <strong>2007</strong><br />

Comparison with Service Plan (continued)<br />

8 6<br />

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F I N A N C I A L R E S U L T S<br />

The table below provides an overview of <strong>BC</strong> <strong>Hydro</strong>’s financial performance relative <strong>to</strong> its <strong>2007</strong> <strong>to</strong> 2009 Service Plan Update (February 2006). The<br />

results and forecasts form the basis upon which key performance targets are set.<br />

Service Plan<br />

I-------------------<strong>Act</strong>ual-------------------I Forecast Variance<br />

in millions 2005 2006 <strong>2007</strong> <strong>2007</strong> <strong>2007</strong><br />

Revenues<br />

Domestic<br />

Residential $ 1,016 $ 1,046 $ 1,070 $ 1,071 $ (1)<br />

Light Industrial and Commercial 967 989 1,025 1,016 9<br />

Large Industrial 573 584 557 574 (18)<br />

Other energy sales 88 93 99 90 9<br />

Miscellaneous 60 16 41 56 (15)<br />

Total Domestic 2,704 2,727 2,791 2,807 (16)<br />

Trade 1,021 1,584 1,406 2,094 (688)<br />

Total<br />

Expenses<br />

3,725 4,<strong>31</strong>1 4,197 4,901 (704)<br />

Energy costs 1,959 2,488 2,117 3,195 1,078<br />

Operating costs 717 805 716 622 (94)<br />

Taxes 143 147 149 152 3<br />

Amortization 410 411 383 4<strong>31</strong> 48<br />

3,229 3,851 3,365 4,400 1,035<br />

Operating Income 496 460 832 501 3<strong>31</strong><br />

Finance charges <strong>31</strong>8 435 453 483 30<br />

Payment from Alcan Inc. 137 – – – –<br />

Income Before Regula<strong>to</strong>ry Account Transfers <strong>31</strong>5 25 379 18 361<br />

Regula<strong>to</strong>ry Account Transfers 87 241 28 32 (4)<br />

Net Income $ 402 $ 266 $ 407 $ 50 $ 357


ManageMent Discussion anD analysis<br />

For the year enDeD <strong>March</strong> <strong>31</strong>, <strong>2007</strong><br />

Accounting Policies<br />

Regula<strong>to</strong>ry Accounting<br />

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F I N A N C I A L R E S U L T S<br />

<strong>BC</strong> <strong>Hydro</strong> applies various accounting policies that differ from Canadian generally accepted accounting principles for enterprises that do not operate<br />

in a rate-regulated environment. Generally, these policies result in deferral and amortization of certain costs and recoveries <strong>to</strong> allow for adjustment of<br />

future rates. In the absence of rate regulation, these amounts would otherwise be included in the determination of net income in the year the<br />

amounts are incurred. These accounting policies support <strong>BC</strong> <strong>Hydro</strong>’s regulation and have been established through ongoing application and approval<br />

of the Commission.<br />

Accounting Pronouncements<br />

<strong>Financial</strong> Instruments, Hedges and Comprehensive Income<br />

In 2005, the CICA released Handbook sections 3855, 3865 and 1530, respectively entitled <strong>Financial</strong> Instruments – Recognition and Measurement,<br />

Hedges and Comprehensive Income.<br />

Section 3855 specifies when a financial instrument should be accounted for on the balance sheet and at what amount – in some cases at fair value,<br />

while in other cases at a value based on cost. It also specifies how gains and losses on financial instruments should be presented.<br />

Section 3865 replaces the guidance for hedging relationships that previously was included in Accounting Guideline 13, in particular the guidance for<br />

the designation and documentation of hedging relationships. These new recommendations specify how hedge accounting is applied and the<br />

required disclosures <strong>to</strong> be made by an entity applying hedge accounting.<br />

Section 1530 establishes standards for the presentation and disclosure of comprehensive income. Comprehensive income for a reporting period<br />

includes, in addition <strong>to</strong> net income, the entire change in net assets attributable <strong>to</strong> transactions and other events from non-owner sources.<br />

Comprehensive income and its components will have <strong>to</strong> be presented in a financial statement with the same prominence as the other financial<br />

statements.<br />

These sections will apply <strong>to</strong> the Company’s fiscal 2008 interim and annual financial statements. The Company is currently examining the impact on<br />

its consolidated financial statements of applying these new standards.<br />

Accounting for Rate Regulated Operations<br />

In <strong>March</strong> <strong>2007</strong>, the Canadian Accounting Standards Board (“AcSB”) issued an Exposure Draft on rate regulated operations which, if adopted, will be<br />

effective beginning on or after January 1, 2009. The Exposure Draft proposes: (i) the temporary exemption in Section 1100, Generally Accepted<br />

Accounting Principals, of the CICA Handbook providing relief <strong>to</strong> entities subject <strong>to</strong> rate regulation from the requirement <strong>to</strong> apply the Section <strong>to</strong> the<br />

recognition and measurement of assets and liabilities arising from rate regulation be removed; (ii) withdraw from the Handbook all other recognition<br />

and measurement guidance relating specifically <strong>to</strong> rate-regulated operations; and (iii) retain Accounting Guideline 19, Disclosures by Entities Subject<br />

<strong>to</strong> Rate Regulation, as is. The AcSB has also observed that relying on U.S. Statement of <strong>Financial</strong> Accounting Standards No. 71, Accounting for the<br />

Effects of Certain Types of Regulation (“FAS 71”), as another source of Canadian GAAP in the absence of CICA Handbook guidance addressing the<br />

specific circumstances of entities subject <strong>to</strong> rate regulation, is consistent with Section 1100 when the qualifying criteria of FAS 71 are met. The<br />

Company is currently assessing the implications of the Exposure Draft on future financial reporting.<br />

Employee Future Benefits<br />

In <strong>March</strong> <strong>2007</strong>, the AcSB issued an Exposure Draft on employee future benefits which, if adopted, will be effective for fiscal years ending on or after<br />

December <strong>31</strong>, <strong>2007</strong>. The Exposure Draft proposes balance sheet recognition of the funded status of defined benefit plans. Currently, the Company is<br />

only required <strong>to</strong> disclose the funded status in the Notes <strong>to</strong> the financial statements. The Company is currently assessing the implications of this<br />

Exposure Draft on its future financial reporting.


ManageMent Discussion anD analysis<br />

For the year enDeD <strong>March</strong> <strong>31</strong>, <strong>2007</strong><br />

Regulation Updates<br />

Rate Hearings<br />

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In regulating and setting rates for <strong>BC</strong> <strong>Hydro</strong>, the Commission must ensure that the rates are sufficient <strong>to</strong> allow <strong>BC</strong> <strong>Hydro</strong> <strong>to</strong> provide reliable electricity<br />

service, meet its financial obligations, comply with government policy and achieve an annual rate of return on equity based on forecast consolidated<br />

net income. The annual rate of return on equity is equal <strong>to</strong> the pre-income tax annual rate of return allowed by the Commission <strong>to</strong> the most<br />

comparable inves<strong>to</strong>r-owned energy utility regulated under the Utilities Commission <strong>Act</strong>. The allowed annual rate of return on equity calculated for<br />

fiscal <strong>2007</strong> was 13.10 per cent (2006 – 13.51 per cent). The actual rate of return in 2006 was 13.44 per cent.<br />

On November 10, 2006, a Negotiated Settlement Agreement (NSA) was approved by the Commission with respect <strong>to</strong> the F07/08 RRA. The<br />

Commission approved rate increases of 1.54 per cent for July 1, 2006 <strong>to</strong> January <strong>31</strong>, <strong>2007</strong> and a further 2.1 per cent, effective February 1, <strong>2007</strong><br />

onward, for a <strong>to</strong>tal increase of 3.64 per cent.<br />

Included in the February 1, <strong>2007</strong> rate increase is a rate rider of two per cent for the purpose of recovering a portion of the current balances in the<br />

Heritage Deferral Account, Non Heritage Deferral Account, Trade Income Deferral Account and <strong>BC</strong>TC Deferral Account. The rate rider has an<br />

indefinite term. Recovery of deferral accounts in fiscal <strong>2007</strong> was $50 million.<br />

As part of the NSA, the Commission approved the following regula<strong>to</strong>ry accounts:<br />

• Large <strong>Hydro</strong> Investigation Costs<br />

• Depreciation Study Adjustments<br />

• Contributions in Aid Amortization Variance<br />

Major S<strong>to</strong>rm Res<strong>to</strong>ration Costs<br />

During the period from Oc<strong>to</strong>ber 2006 <strong>to</strong> January <strong>2007</strong>, <strong>BC</strong> <strong>Hydro</strong> incurred significant costs in repairing the distribution system and res<strong>to</strong>ring power<br />

<strong>to</strong> cus<strong>to</strong>mers after several severe s<strong>to</strong>rms swept through the Province of British Columbia. The Company has categorized five of these s<strong>to</strong>rms as major<br />

and is currently applying <strong>to</strong> the Commission <strong>to</strong> recover maintenance expenses associated with these s<strong>to</strong>rms through future rates. The recoverability<br />

of these expenses is subject <strong>to</strong> final approval of the application by the Commission.<br />

Powerex Legal Proceedings<br />

Since 2000, Powerex has been named, in some cases along with other energy providers, as a defendant in a number of lawsuits and U.S. federal<br />

regula<strong>to</strong>ry proceedings which seek damages and/or contract rescission based on allegations that, during part of 2000 and 2001, the California<br />

wholesale electricity markets were unlawfully manipulated and that the energy prices were not just and reasonable. These proceedings are at various<br />

stages. A number of issues and findings are presently on appeal and none have been the subject of final judicial action. The U.S. Court of Appeals<br />

for the Ninth Circuit, in its Lockyer decision of July <strong>31</strong>, 2006, <strong>to</strong>ld the U.S. Federal Energy Regula<strong>to</strong>ry Commission (FERC) that it should reconsider its<br />

remedial powers thereby opening up the possibility that refunds will have <strong>to</strong> be paid for the periods from May <strong>to</strong> Oc<strong>to</strong>ber 2000. On August 2, 2006,<br />

the Ninth Circuit ruled on certain issues in the FERC refund proceedings. One of those related <strong>to</strong> whether refunds should be paid for bilateral sales<br />

[those that did not go through the California Independent System Opera<strong>to</strong>r (CISO)]. In its decision, the Ninth Circuit upheld FERC’s decision that<br />

refunds should not be paid for bilateral sales but also said that FERC was wrong <strong>to</strong> conclude that it did not have power <strong>to</strong> award refunds<br />

retroactively. The precise effect of these decisions on Powerex cannot be determined at this time.<br />

At <strong>March</strong> <strong>31</strong>, <strong>2007</strong>, Powerex was owed U.S. $268 million (CDN $309 million) by the markets operated by the California Power Exchange (Cal Px)<br />

and the CISO related <strong>to</strong> Powerex’s electricity trade activities in California during fiscal 2001. As a result of payment defaults by a number of<br />

California utilities, the Cal Px and CISO were unable <strong>to</strong> pay these amounts <strong>to</strong> Po werex. That receivable will be offset against any refunds that<br />

Powerex is required <strong>to</strong> pay.


ManageMent Discussion anD analysis<br />

For the year enDeD <strong>March</strong> <strong>31</strong>, <strong>2007</strong><br />

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Powerex Legal Proceedings (continued)<br />

On <strong>March</strong> 26, 2004, FERC approved a settlement agreement between FERC staff and Powerex that acknowledged that there was no evidence that<br />

Powerex engaged in any gaming practices or concerted partnership practices with any other market participants, and further noted that Powerex<br />

was a valuable and reliable supplier of energy and ancillary services <strong>to</strong> the California market throughout the energy crisis. This settlement is still<br />

subject <strong>to</strong> rehearing at FERC, has not been the subject of a final FERC order and FERC’s final order when issued may subsequently be appealed <strong>to</strong> the<br />

courts.<br />

<strong>BC</strong> <strong>Hydro</strong> was also joined as a defendant in the California Consumer Class <strong>Act</strong>ion lawsuit through cross-claims by other defendants. In response <strong>to</strong><br />

an application by <strong>BC</strong> <strong>Hydro</strong> <strong>to</strong> be dismissed from the lawsuit, a U.S. Federal District Court judge ruled that <strong>BC</strong> <strong>Hydro</strong> is immune from these claims in<br />

the United States by virtue of the Foreign Sovereign Immunities <strong>Act</strong>. The Ninth Circuit upheld this finding. The court also upheld the District Court’s<br />

finding that Powerex does not enjoy foreign sovereign entity status and therefore remains a party <strong>to</strong> the lawsuit, which was ordered <strong>to</strong> be remanded<br />

back <strong>to</strong> California State Court. Powerex requested its appeal of the decision be heard by the Supreme Court of the United States. The Supreme<br />

Court heard the case on April 16, <strong>2007</strong> and a decision from them is pending.<br />

Due <strong>to</strong> the ongoing nature and uncertain status of the regula<strong>to</strong>ry and legal proceedings related <strong>to</strong> the California power markets, management<br />

cannot predict at this time the outcome of the claims against Powerex. Powerex has recorded provisions for uncollectible amounts and legal costs<br />

associated with the ongoing legal and regula<strong>to</strong>ry impacts of the California energy crisis during fiscal 2001. These provisions are based on<br />

management’s best estimates, and are intended <strong>to</strong> adequately provide for any exposure. However, the amounts that may ultimately be collected or<br />

paid may differ from management’s current estimates. Management has not disclosed the provision amounts or ranges of expected outcomes due <strong>to</strong><br />

the potentially adverse effect on the process.<br />

Risk Management<br />

<strong>BC</strong> <strong>Hydro</strong>’s operations involve a broad spectrum of risks ranging from those commonly associated with any business <strong>to</strong> catastrophic societal loss risks<br />

that would have severe effects on entire regions. The key risks <strong>BC</strong> <strong>Hydro</strong> faces are divided in<strong>to</strong> five categories for management purposes: employee,<br />

public and dam safety; reliability; financial performance; organization risk; and environmental.<br />

Employee, Public and Dam Safety<br />

Safety risks <strong>to</strong> the public exist due <strong>to</strong> the multiple uses of water for electricity generation, recreation and waterways. Risks can also result from<br />

potential contact with transmission and distribution equipment located in communities. To manage the public safety risk, <strong>BC</strong> <strong>Hydro</strong> relies on design,<br />

construction and operating standards and practices, signage, consultation with other agencies and stakeholder groups, and public education.<br />

<strong>BC</strong> <strong>Hydro</strong> also prepares emergency response plans <strong>to</strong> limit injury and loss of life and <strong>to</strong> res<strong>to</strong>re electric service.<br />

Many of <strong>BC</strong> <strong>Hydro</strong>’s employees face the risk of serious injury or death by the nature of their jobs in dealing with electrical hazards. In order <strong>to</strong><br />

mitigate these inherent risks, <strong>BC</strong> <strong>Hydro</strong> has a comprehensive safety management system that includes employee involvement, communication,<br />

training, resources, policies and safety practice regulations.<br />

The large dams represent a catastrophic loss risk (low probability but high consequence) <strong>to</strong> <strong>BC</strong> <strong>Hydro</strong> in terms of life safety, financial, environmental<br />

and reputation. This dam failure risk is managed through a comprehensive dam safety management system involving dam safety professionals and<br />

experts. The system incorporates dam surveillance and moni<strong>to</strong>ring, periodic independent reviews of dam performance, dam investigations and<br />

analysis. Dam upgrades may be required due <strong>to</strong> changes in knowledge, standards or extreme event parameters (for earthquake, floods, landslides).<br />

<strong>BC</strong> <strong>Hydro</strong> follows the B.C. Dam Safety Regulation, participates in the Canadian Dam Association and the International Commission on Large Dams,<br />

and engages panels of international experts for independent advice on the management and control of these risks.


ManageMent Discussion anD analysis<br />

For the year enDeD <strong>March</strong> <strong>31</strong>, <strong>2007</strong><br />

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Risk Management (continued)<br />

Reliability<br />

The most significant risk <strong>to</strong> the reliability of <strong>BC</strong> <strong>Hydro</strong>’s system is the impact of weather. With <strong>BC</strong> <strong>Hydro</strong>’s large service terri<strong>to</strong>ry there is significant<br />

exposure <strong>to</strong> trees, terrain and diverse weather patterns. <strong>BC</strong> <strong>Hydro</strong> mitigates the likelihood and consequence of such impacts through effective<br />

design, construction, operations, maintenance and response. <strong>BC</strong> <strong>Hydro</strong> manages these risks by balancing cus<strong>to</strong>mers’ expectations and cost<br />

considerations. Reliability risks could also result from either a lack of available generation supply or the associated transmission capacity <strong>to</strong> meet<br />

cus<strong>to</strong>mer demand. <strong>BC</strong> <strong>Hydro</strong> manages these risks through long-term planning, asset maintenance programs, reliance on a diverse supply of energy<br />

options, and through cooperative support arrangements with neighbouring utilities.<br />

<strong>BC</strong> <strong>Hydro</strong> must meet government permitting requirements <strong>to</strong> operate its facilities and build new infrastructure, which can have an impact on project<br />

lead times. Delays in obtaining appropriate permits and consent could adversely impact reliability.<br />

<strong>Financial</strong> Performance<br />

In meeting its financial performance targets, <strong>BC</strong> <strong>Hydro</strong> faces many risks including energy costs, energy demand, interest and foreign exchange rates,<br />

pension obligations, and energy trading. Of these, risks associated with energy costs – specifically water inflows and energy market prices – are the<br />

largest.<br />

Increasing costs due <strong>to</strong> aging infrastructure, the need for new supply and the need <strong>to</strong> manage environmental impacts create challenges for <strong>BC</strong> <strong>Hydro</strong><br />

in maintaining the low electricity cost advantage the province enjoys. How <strong>BC</strong> <strong>Hydro</strong> manages tradeoffs between these competing objectives will be<br />

important <strong>to</strong> its financial performance and its ability <strong>to</strong> make the required infrastructure investment. External long-term costs of environmental and<br />

social impacts need <strong>to</strong> be fac<strong>to</strong>red in<strong>to</strong> decision-making <strong>to</strong>day <strong>to</strong> ensure the right business decisions are made for the long-term.<br />

Energy Cost<br />

Energy cost risk is the most significant financial risk <strong>to</strong> <strong>BC</strong> <strong>Hydro</strong>. It can result when <strong>BC</strong> <strong>Hydro</strong> is required <strong>to</strong> purchase electricity from the markets due<br />

<strong>to</strong> increased electricity demand in B.C. or lower-than-expected water inflow levels. It can also result from changing market prices for electricity and<br />

natural gas. Over the past five years, <strong>BC</strong> <strong>Hydro</strong> has experienced below average water inflows and has increasingly relied on volatile energy trading<br />

markets in order <strong>to</strong> meet domestic demand. <strong>BC</strong> <strong>Hydro</strong> manages energy cost risk through its flexible hydroelectric system, which allows water <strong>to</strong> be<br />

s<strong>to</strong>red in large reservoirs and used when it is most economic, and by hedging the cost of imported electricity.<br />

Energy Demand<br />

Energy demand is increasing as B.C.’s population increases and its economy grows. However, this demand increase can be volatile particularly from<br />

larger cus<strong>to</strong>mers whose consumption is often driven by export markets and world commodity prices. <strong>BC</strong> <strong>Hydro</strong> is fully exposed <strong>to</strong> price risk on all<br />

cus<strong>to</strong>mer demand in excess of its planned load, as cus<strong>to</strong>mer rates are based on average costs (including heritage energy costs), which are<br />

significantly below the price of market purchases.<br />

Interest Rates and Foreign Exchange Rates<br />

Changes in interest and foreign exchange rates can significantly impact <strong>BC</strong> <strong>Hydro</strong>’s finance charges. <strong>BC</strong> <strong>Hydro</strong> debt-management strategies include<br />

limiting the allowable percentage range of variable interest rate debt, and closely moni<strong>to</strong>ring settlement and counterparty credit risks associated with<br />

both derivative and foreign exchange currency agreements. Interest and foreign exchange rate changes can also influence the performance and cost<br />

of <strong>BC</strong> <strong>Hydro</strong>’s employee benefit and pension plans.<br />

At <strong>March</strong> <strong>31</strong>, <strong>2007</strong>, $2,666 million or 37.6 per cent of net debt was subject <strong>to</strong> interest rate reset within the next fiscal year. Interest rate risk is<br />

managed through Board approved policies, which require the debt portfolio <strong>to</strong> be managed using an appropriate blend of fixed and floating rate<br />

debt, as well as by managing the term <strong>to</strong> maturity of its debt portfolio <strong>to</strong> manage exposure <strong>to</strong> interest rate movements in the future. <strong>BC</strong> <strong>Hydro</strong><br />

utilizes financial instruments, including interest rate swaps and options, <strong>to</strong> adjust the balance of fixed and floating rate debt, and <strong>to</strong> reduce its overall<br />

cost of borrowing.


ManageMent Discussion anD analysis<br />

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Risk Management (continued)<br />

<strong>BC</strong> <strong>Hydro</strong> is exposed <strong>to</strong> exchange rate risk through the cost of U.S. dollar electricity purchases and surplus sales, gains from U.S. trading activity,<br />

U.S. dollar capital equipment purchases and U.S. dollar debt servicing. Foreign exchange risk is managed through Board approved policies. Both<br />

foreign exchange and interest rate risk are moni<strong>to</strong>red and reported on a monthly basis.<br />

Energy Trading<br />

<strong>BC</strong> <strong>Hydro</strong>’s energy trading subsidiary, Powerex, is exposed <strong>to</strong> the risk of variable market prices and counterparties who might not meet their<br />

obligations. Powerex manages these risks by operating through defined limits that are regularly reviewed by both the Powerex and <strong>BC</strong> <strong>Hydro</strong> Boards<br />

of Direc<strong>to</strong>rs. Powerex primarily focuses on near <strong>to</strong> mid-term trading positions, backing forward commitments with the physical supply capability of<br />

the <strong>BC</strong> <strong>Hydro</strong> System, the Canadian Entitlement, and other supply contracts, while operating within Board approved market and credit limits.<br />

Longer-term positions are reviewed in the context of the overall energy trading portfolio.<br />

Powerex is exposed <strong>to</strong> the risk of litigation, such as the potential liabilities from the California power crisis. The conduct of Powerex employees is<br />

governed by its Trading Code of Conduct and Compliance policies and procedures. Powerex also adheres <strong>to</strong> the Electric Power Supply Association’s<br />

Code of Ethics and Sound Trading Practices for Electric Power Suppliers <strong>to</strong> guide its trading activities.<br />

Regula<strong>to</strong>ry Risk<br />

<strong>BC</strong> <strong>Hydro</strong> is permitted <strong>to</strong> earn an allowed return on equity. Tariff rates are set based upon <strong>BC</strong> <strong>Hydro</strong>’s cost and equity forecast. Many risks<br />

(difference between forecast and actual costs) associated with uncontrollable costs are covered through regula<strong>to</strong>ry deferral accounts. The major cost<br />

components susceptible <strong>to</strong> variation included in the regula<strong>to</strong>ry deferral accounts are water inflows, energy prices including thermal fuel costs, major<br />

unplanned capital costs and trade income. <strong>BC</strong> <strong>Hydro</strong>’s risk includes those associated with capital assets, domestic load volumes and prices,<br />

maintenance, operations and administration costs, and debt related costs.<br />

Organizational Risk<br />

An aging population is changing the dynamics for attracting skilled people at the same time many employees are retiring or are eligible <strong>to</strong> retire. In<br />

<strong>BC</strong> <strong>Hydro</strong>, an increasing number of employees are becoming eligible for retirement. Furthermore, short-term economic growth is outstripping<br />

resource capacity with a consequent pressure on labour availability and cost. This shortage of capable labour and the potential loss of institutional<br />

knowledge poses a risk <strong>to</strong> <strong>BC</strong> <strong>Hydro</strong>’s ability <strong>to</strong> deliver on projects and capital plans.<br />

Environmental and Social Performance<br />

<strong>BC</strong> <strong>Hydro</strong>’s environmental responsibility policy states that <strong>BC</strong> <strong>Hydro</strong> will meet or exceed environmental regulations defined by legislation, regulation,<br />

government directives and guidelines, as well as its commitments and agreements. Even if there is no environmental or social regulation, <strong>BC</strong> <strong>Hydro</strong><br />

can face risks. These risks are managed through voluntary activities, such as the Water Use Plans. Voluntary action is taken with a view <strong>to</strong> managing<br />

long-term risk and for cost controls.<br />

Areas where <strong>BC</strong> <strong>Hydro</strong> is exposed <strong>to</strong> the risk of non-compliance with environmental regulations include the release of hazardous materials in<strong>to</strong> the<br />

environment, endangerment of wildlife and their habitats, or damage <strong>to</strong> heritage sites where there is evidence of his<strong>to</strong>ric human occupation. These<br />

risks are managed through environmental management systems and risk mitigation strategies.<br />

<strong>BC</strong> <strong>Hydro</strong>’s Board approved a corporate social responsibility policy in May 2004. The organization is building practices in this area <strong>to</strong> manage<br />

emerging risks associated with suppliers, employees, stakeholders and First Nations.<br />

First Nation past grievances, land claims, service reliability and regula<strong>to</strong>ry processes pose risks <strong>to</strong> <strong>BC</strong> <strong>Hydro</strong>. <strong>BC</strong> <strong>Hydro</strong> manages these risks through a<br />

comprehensive Aboriginal Relations program. The long-term goal of further building business relationships with First Nations is intended <strong>to</strong> go<br />

beyond addressing the impact of <strong>BC</strong> <strong>Hydro</strong> facilities on First Nations and reducing the associated financial, legal and operating risks, <strong>to</strong> having a<br />

more proactive, mutually beneficial approach <strong>to</strong> working <strong>to</strong>gether.


ManageMent Discussion anD analysis<br />

For the year enDeD <strong>March</strong> <strong>31</strong>, <strong>2007</strong><br />

outlook<br />

9 2<br />

2 0 0 7 B C H Y D R O A N N U A L R E P O R T<br />

F I N A N C I A L R E S U L T S<br />

<strong>BC</strong> <strong>Hydro</strong>’s Service Plan is required <strong>to</strong> be filed in February of each year under the Budget Transparency and Accountability <strong>Act</strong>. <strong>BC</strong> <strong>Hydro</strong>’s<br />

February <strong>2007</strong> Service Plan forecast income before regula<strong>to</strong>ry deferral account transfers for fiscal 2008 is $324 million and forecast net income is<br />

$365 million. The Service Plan includes the final rate increases approved by the Commission in the NSA.<br />

<strong>BC</strong> <strong>Hydro</strong>’s earnings can fluctuate significantly due <strong>to</strong> various non-controllable fac<strong>to</strong>rs such as the level of water inflows, market prices for electricity<br />

and natural gas, weather temperatures, interest rates and foreign exchange rates. The February <strong>2007</strong> forecast for fiscal 2008 assumes a cus<strong>to</strong>mer<br />

load increase of 1.88 per cent, 100 per cent of normal <strong>to</strong>tal system water inflows, average market electricity purchase prices of U.S. $60/MWh, short<br />

term interest rates of 4.24 per cent and a U.S. dollar exchange rate of U.S. $0.87.<br />

The 2008 first quarter forecast update increased forecast <strong>to</strong>tal system inflows <strong>to</strong> 109 per cent of normal and average energy prices <strong>to</strong><br />

U.S. $61/MWh for fiscal 2008. As a result, cost of energy for domestic load is expected <strong>to</strong> decrease by $175 million, however this positive variance<br />

will flow in<strong>to</strong> the energy deferral accounts. As a result, income before regula<strong>to</strong>ry transfers is now forecast <strong>to</strong> be $477 million and net income is<br />

forecast <strong>to</strong> be unchanged at $365 million.<br />

The estimated rate increases for fiscal 2009 <strong>to</strong> 2011 have decreased from 5.86 per cent, 3.74 per cent and 7.81 per cent respectively in the Service<br />

Plan <strong>to</strong> 3.88 per cent, 5.71 per cent and 6.14 per cent in this forecast update. On a cumulative basis, the rate increase is 16.55 per cent by the end<br />

of fiscal 2011 compared <strong>to</strong> 18.40 per cent in the Service Plan. The forecast rate increases are indicative only and have not been approved by the<br />

Commission. The forecast rate increases are subject <strong>to</strong> change given the volatility around several assumptions including water inflows and market<br />

prices for energy.<br />

earnings sensitivity<br />

The following table shows the effect on earnings of changes in some key variables. The analysis is based on business conditions and production<br />

volumes forecast for fiscal 2008. Each separate item in the sensitivity analysis assumes the others are held constant. While these sensitivities are<br />

applicable <strong>to</strong> the period and magnitude of changes on which they are based, they may not be applicable in other periods, under other economic<br />

circumstances or greater magnitude of changes.<br />

approximate change<br />

in earnings before<br />

regula<strong>to</strong>ry deferral<br />

account transfers<br />

Fac<strong>to</strong>r change (in millions) 5 year high 5 year low<br />

<strong>Hydro</strong> generation 1 1,000 GWh $ 60 47,665 GWh 41,601 GWh<br />

Electricity trade margins $1/MWh 35 n/a n/a<br />

Interest rates +/- 1% 29 4.33% 2 2.39% 2<br />

Exchange rates (CDN/U.S.) $ 0.01 3 $ 0.88 3 $ 0.65 3<br />

Weather 1°C change in average<br />

temperature 1 1.3°C 4 – 0.2°C 4<br />

Pension costs 1% change in the<br />

expected return of 7.2%<br />

on pension assets 5 3 15.00% – 4.10%<br />

1 Assumes change in hydro generation is offset by corresponding change in energy imports (i.e. increase in hydro generation is offset by<br />

decrease in energy imports).<br />

2 Interest rates are the average Canadian short-term interest rates (3 month Canadian Dollar Offered Rate).<br />

3 Exchange rates are the average Canadian Dollar noon rates for F2003 <strong>to</strong> F<strong>2007</strong>.<br />

4 Weather high and low numbers represents the variance in degrees Celsius from the normal temperatures over the winter months November <strong>to</strong><br />

<strong>March</strong> from 2002/03 <strong>to</strong> 2006/07. (–0.2 degrees lower than normal <strong>to</strong> 1.3 degrees higher than normal – normal is the 10-year rolling average).<br />

5 The impact of this change affects earnings in the subsequent year.


ManageMent report<br />

9 3<br />

2 0 0 7 B C H Y D R O A N N U A L R E P O R T<br />

F I N A N C I A L R E S U L T S<br />

The consolidated financial statements of British Columbia <strong>Hydro</strong> and Power Authority (<strong>BC</strong> <strong>Hydro</strong>) are the responsibility of management and have<br />

been prepared in accordance with Canadian generally accepted accounting principles, consistently applied and appropriate in the circumstances. The<br />

preparation of financial statements necessarily involves the use of estimates which have been made using careful judgment. In management’s<br />

opinion, the consolidated financial statements have been properly prepared within the framework of the accounting policies summarized in the<br />

consolidated financial statements and incorporate, within reasonable limits of materiality, all information available at May 11, <strong>2007</strong>. The consolidated<br />

financial statements have also been reviewed by the Audit and Risk Management Committee and approved by the Board of Direc<strong>to</strong>rs. <strong>Financial</strong><br />

information presented elsewhere in this Annual Report is consistent with that in the consolidated financial statements.<br />

Management maintains systems of internal controls designed <strong>to</strong> provide reasonable assurance that assets are safeguarded and that reliable financial<br />

information is available on a timely basis. These systems include formal written policies and procedures, careful selection and training of qualified<br />

personnel and appropriate delegation of authority and segregation of responsibilities within the organization. An internal audit function<br />

independently evaluates the effectiveness of these internal controls on an ongoing basis and reports its findings <strong>to</strong> management and the<br />

Audit and Risk Management Committee.<br />

The consolidated financial statements have been examined by independent external audi<strong>to</strong>rs. The external audi<strong>to</strong>rs’ responsibility is <strong>to</strong> express their<br />

opinion on whether the consolidated financial statements, in all material respects, fairly present <strong>BC</strong> <strong>Hydro</strong>’s financial position, results of operations<br />

and cash flows in accordance with Canadian generally accepted accounting principles. The Audi<strong>to</strong>rs’ Report, which follows, outlines the scope of<br />

their examination and their opinion.<br />

The Board of Direc<strong>to</strong>rs, through the Audit and Risk Management Committee, is responsible for ensuring that management fulfills its responsibility for<br />

financial reporting and internal controls. The Audit and Risk Management Committee, comprised of direc<strong>to</strong>rs who are not employees, meets<br />

regularly with the external audi<strong>to</strong>rs, the internal audi<strong>to</strong>rs and management <strong>to</strong> satisfy itself that each group has properly discharged its responsibility<br />

<strong>to</strong> review the financial statements before recommending approval by the Board of Direc<strong>to</strong>rs. The Audit and Risk Management Committee also<br />

recommends the appointment of external audi<strong>to</strong>rs <strong>to</strong> the Board of Direc<strong>to</strong>rs. The internal and external audi<strong>to</strong>rs have full and open access <strong>to</strong> the<br />

Audit and Risk Management Committee, with and without the presence of management.<br />

R.G. (Bob) El<strong>to</strong>n A. (Alister) Cowan<br />

President Executive Vice-President Finance<br />

and Chief Executive Officer and Chief <strong>Financial</strong> Officer<br />

Vancouver, Canada<br />

May 11, <strong>2007</strong>


auDi<strong>to</strong>rs’ report<br />

The Lieutenant Governor in Council, Province of British Columbia:<br />

9 4<br />

2 0 0 7 B C H Y D R O A N N U A L R E P O R T<br />

F I N A N C I A L R E S U L T S<br />

We have audited the consolidated balance sheet of British Columbia <strong>Hydro</strong> and Power Authority as at <strong>March</strong> <strong>31</strong>, <strong>2007</strong> and the consolidated<br />

statements of operations, retained earnings and cash flows for the year then ended. These financial statements are the responsibility of<br />

British Columbia <strong>Hydro</strong> and Power Authority’s management. Our responsibility is <strong>to</strong> express an opinion on these financial statements based on our audit.<br />

We conducted our audit in accordance with Canadian generally accepted auditing standards. Those standards require that we plan and perform an<br />

audit <strong>to</strong> obtain reasonable assurance whether the financial statements are free of material misstatement. An audit includes examining, on a test<br />

basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used<br />

and significant estimates made by management, as well as evaluating the overall financial statement presentation.<br />

In our opinion, these consolidated financial statements present fairly, in all material respects, the financial position of British Columbia <strong>Hydro</strong> and<br />

Power Authority as at <strong>March</strong> <strong>31</strong>, <strong>2007</strong> and the results of its operations and its cash flows for the year then ended in accordance with Canadian<br />

generally accepted accounting principles.<br />

Chartered Accountants<br />

Vancouver, Canada<br />

May 11, <strong>2007</strong>


consoliDateD stateMent oF operations<br />

9 5<br />

2 0 0 7 B C H Y D R O A N N U A L R E P O R T<br />

F I N A N C I A L R E S U L T S<br />

for the years ended <strong>March</strong> <strong>31</strong> (in millions) <strong>2007</strong> 2006<br />

Revenues<br />

Domestic $ 2,791 $ 2,727<br />

Trade 1,406 1,584<br />

Expenses<br />

Energy costs:<br />

4,197 4,<strong>31</strong>1<br />

Domestic 1,037 1,135<br />

Trade 1,080 1,353<br />

Operations 266 373<br />

Maintenance <strong>31</strong>2 267<br />

General & administration 138 165<br />

Amortization (Note 3) 383 411<br />

Taxes 149 147<br />

3,365 3,851<br />

Operating Income 832 460<br />

Finance charges (Note 4) (453) (435)<br />

Income Before Regula<strong>to</strong>ry Accounts 379 25<br />

Net change in regula<strong>to</strong>ry accounts (Note 2) 28 241<br />

Net Income $ 407 $ 266<br />

See accompanying notes <strong>to</strong> consolidated financial statements<br />

consoliDateD stateMent oF retaineD earnings<br />

for the years ended <strong>March</strong> <strong>31</strong> (in millions) <strong>2007</strong> 2006<br />

Retained earnings, beginning of year<br />

Removal of British Columbia Transmission Corporation from<br />

$ 1,707 $ 1,688<br />

consolidated accounts (Note 15) – (24 )<br />

Net income 407 266<br />

Payment <strong>to</strong> the Province (Note 2) (3<strong>31</strong> ) (223)<br />

Retained Earnings, end of year $ 1,783 $ 1,707<br />

See accompanying notes <strong>to</strong> consolidated financial statements.


consoliDateD Balance sheet<br />

9 6<br />

2 0 0 7 B C H Y D R O A N N U A L R E P O R T<br />

F I N A N C I A L R E S U L T S<br />

as at <strong>March</strong> <strong>31</strong> (in millions) <strong>2007</strong> 2006<br />

ASSETS<br />

Property, Plant and Equipment, net (Note 5) $ 9,998 $ 9,610<br />

Current Assets<br />

Cash and cash equivalents 8 23<br />

Accounts receivable and accrued revenue 512 446<br />

Materials and supplies 137 135<br />

Prepaid expenses 110 93<br />

Mark-<strong>to</strong>-market gains 61 57<br />

Other Assets and Deferred Charges<br />

828 754<br />

Intangible assets, net (Note 6) 424 413<br />

Sinking funds (Note 7) 733 846<br />

Regula<strong>to</strong>ry assets (Note 2) 862 861<br />

2,019 2,120<br />

$ 12,845 $ 12,484<br />

LIABILITIES AND EQUITY<br />

Long-term debt net of sinking funds $ 5,502 $ 5,696<br />

Sinking funds presented as assets 733 846<br />

Long-Term Debt (Note 8)<br />

Current Liabilities<br />

6,235 6,542<br />

Current portion of long-term debt (Note 8) 1,422 954<br />

Accounts payable and accrued liabilities 1,267 1,089<br />

Mark-<strong>to</strong>-market losses 43 81<br />

2,732 2,124<br />

Other Liabilities<br />

Regula<strong>to</strong>ry liabilities (Note 2) 413 440<br />

Deferred contributions (Note 10) 913 856<br />

Debt issue and related costs 145 125<br />

Other long-term liabilities (Note 11) 459 538<br />

Foreign currency contracts (Notes 8 and 9) 165 152<br />

2,095 2,111<br />

Retained Earnings 1,783 1,707<br />

$ 12,845 $ 12,484<br />

Commitments and Contingencies (Note 13)<br />

See accompanying notes <strong>to</strong> consolidated financial statements.<br />

Approved on Behalf of the Board:<br />

L.I. (Larry) Bell W.C. (Wanda) Costuros<br />

Chair Chair, Audit & Risk Management Committee


consoliDateD stateMent oF cash Flows<br />

9 7<br />

2 0 0 7 B C H Y D R O A N N U A L R E P O R T<br />

F I N A N C I A L R E S U L T S<br />

for the years ended <strong>March</strong> <strong>31</strong> (in millions) <strong>2007</strong> 2006<br />

Operating <strong>Act</strong>ivities<br />

Net income $ 407 $ 266<br />

Regula<strong>to</strong>ry account transfers<br />

Adjustments for non-cash items:<br />

(121) (212)<br />

Amortization of regula<strong>to</strong>ry accounts 93 59<br />

Amortization of property, plant and equipment 346 377<br />

Amortization of intangible assets 37 34<br />

Foreign exchange translation (gains) losses (2) 18<br />

Amortization of debt issue and related costs (7) (9)<br />

Deferred revenue 20 15<br />

Unrealized mark-<strong>to</strong>-market (gains) losses (41) 26<br />

Sinking fund income (39) (54)<br />

Employee benefit plan expenses 29 35<br />

Other non-cash items 12 19<br />

734 574<br />

Working capital changes (177) 63<br />

Cash provided by operating activities 557 637<br />

Investing <strong>Act</strong>ivities<br />

Property, plant and equipment and intangible assets (780) (607)<br />

Deferred contributions 85 68<br />

Dismantling costs (16) (11)<br />

Proceeds from property sales 7 2<br />

Cash used for investing activities (704) (548)<br />

Financing <strong>Act</strong>ivities<br />

Bonds issued 300 400<br />

Bonds retired (526) (616)<br />

Revolving borrowings 407 188<br />

Sinking fund withdrawals 147 194<br />

Debt issue and related costs 27 90<br />

Payment <strong>to</strong> the Province (223) (339)<br />

Cash provided by (used for) financing activities 132 (83)<br />

(Decrease) increase in cash and cash equivalents (15) 6<br />

Cash and cash equivalents, beginning of year 23 17<br />

Cash and cash equivalents, end of year $ 8 $ 23<br />

Supplemental disclosure of cash flow information<br />

Interest paid $ 512 $ 498<br />

See accompanying notes <strong>to</strong> consolidated financial statements.


notes <strong>to</strong> consoliDateD <strong>Financial</strong> stateMents<br />

For the years enDeD <strong>March</strong> <strong>31</strong>, <strong>2007</strong> anD 2006<br />

note 1: signiFicant accounting policies<br />

Purpose<br />

9 8<br />

2 0 0 7 B C H Y D R O A N N U A L R E P O R T<br />

F I N A N C I A L R E S U L T S<br />

British Columbia <strong>Hydro</strong> and Power Authority (<strong>BC</strong> <strong>Hydro</strong>) was established in 1962 as a Crown corporation of the Province of British Columbia (the<br />

Province) by enactment of the <strong>Hydro</strong> and Power Authority <strong>Act</strong>. As directed by the <strong>Hydro</strong> and Power Authority <strong>Act</strong>, <strong>BC</strong> <strong>Hydro</strong>’s mandate is <strong>to</strong><br />

generate, manufacture, distribute and supply power. <strong>BC</strong> <strong>Hydro</strong>’s corporate purpose is <strong>to</strong> provide “Reliable power, at low cost, for generations.”<br />

<strong>BC</strong> <strong>Hydro</strong> is subject <strong>to</strong> regulation (see Note 2) by the British Columbia Utilities Commission (the Commission) which, among other things, approves<br />

the rates <strong>BC</strong> <strong>Hydro</strong> charges for its services.<br />

<strong>BC</strong> <strong>Hydro</strong> owns and operates electric generation and distribution facilities in the Province of British Columbia. <strong>BC</strong> <strong>Hydro</strong> also owns transmission<br />

facilities in the province of British Columbia that are operated by British Columbia Transmission Corporation (<strong>BC</strong>TC), an independent Crown<br />

corporation of the Province.<br />

Consolidation<br />

The consolidated financial statements include the accounts of <strong>BC</strong> <strong>Hydro</strong> and its principal wholly-owned operating subsidiaries Powerex Corp.<br />

(Powerex), Powertech Labs Inc., <strong>BC</strong>H Services Asset Corp., and Columbia <strong>Hydro</strong> Construc<strong>to</strong>rs Ltd. All intercompany transactions and balances are<br />

eliminated upon consolidation.<br />

Use of Estimates<br />

Management of <strong>BC</strong> <strong>Hydro</strong> has made a number of estimates and assumptions relating <strong>to</strong> the reporting of assets and liabilities and <strong>to</strong> the disclosure of<br />

contingent assets and liabilities <strong>to</strong> prepare these consolidated financial statements in conformity with Canadian generally accepted accounting<br />

principles (GAAP). <strong>Act</strong>ual results could differ from these estimates.<br />

Regula<strong>to</strong>ry Accounting<br />

<strong>BC</strong> <strong>Hydro</strong> is regulated by the Commission, and they are both subject <strong>to</strong> general or special directives and directions issued by the Province. <strong>BC</strong> <strong>Hydro</strong><br />

operates primarily under a cost of service regulation as prescribed by the Commission. Orders in Council from the Province establish the basis for<br />

determining <strong>BC</strong> <strong>Hydro</strong>’s equity for regula<strong>to</strong>ry purposes, as well as its allowed return on equity and the annual Payment <strong>to</strong> the Province. Calculation<br />

of its revenue requirements and rates charged <strong>to</strong> cus<strong>to</strong>mers are established through applications filed with and approved by the Commission.<br />

<strong>BC</strong> <strong>Hydro</strong> applies various accounting policies that differ from Canadian GAAP for enterprises that do not operate in a rate-regulated environment<br />

(see Note 2). Generally, these policies result in deferral and amortization of costs and recoveries <strong>to</strong> allow for adjustment of future rates. In the<br />

absence of rate-regulation, these amounts would otherwise be included in the determination of net income in the year the amounts are incurred.<br />

These accounting policies support <strong>BC</strong> <strong>Hydro</strong>’s regulation and have been established through ongoing application by approval of the Commission.<br />

Revenues and Energy Costs<br />

Domestic revenues comprise sales <strong>to</strong> cus<strong>to</strong>mers within the province of British Columbia, and sales of firm energy outside the province under<br />

long-term contracts that are reflected in <strong>BC</strong> <strong>Hydro</strong>’s domestic load requirements. Other sales outside the province are classified as trade.<br />

Trade revenues and energy costs include the effects of using commodity derivatives. The impacts on trading transactions of realized and unrealized<br />

gains and losses resulting from changes in fair value are reflected on a net basis.<br />

Revenue is recognized on the basis of billing cycles and also includes accruals for electricity deliveries not yet billed.


notes <strong>to</strong> consoliDateD <strong>Financial</strong> stateMents<br />

For the years enDeD <strong>March</strong> <strong>31</strong>, <strong>2007</strong> anD 2006<br />

note 1: signiFicant accounting policies (continued)<br />

Foreign Currency Translation<br />

9 9<br />

2 0 0 7 B C H Y D R O A N N U A L R E P O R T<br />

F I N A N C I A L R E S U L T S<br />

Foreign currency denominated revenues and expenses are translated in<strong>to</strong> Canadian dollars at the rate of exchange in effect at the transaction date.<br />

Foreign currency denominated monetary assets and liabilities are translated in<strong>to</strong> Canadian dollars at the rate of exchange prevailing at the balance<br />

sheet date.<br />

Property, Plant and Equipment<br />

Property, plant and equipment in service are recorded at cost which includes materials, direct and indirect labour, an appropriate allocation of<br />

administration overhead and finance charges capitalized during construction. Property, plant and equipment in service include the cost of plant<br />

financed by contributions in aid of construction and contributions arising from the Columbia River Treaty. Upon retirement or disposal, any gain or<br />

loss is charged <strong>to</strong> amortization.<br />

Unfinished construction consists of costs of property, plant and equipment that are under construction or not ready for service. Costs are transferred<br />

<strong>to</strong> property, plant and equipment in service when the constructed asset is substantially complete and capable of operation at a significant level of<br />

capacity.<br />

Property, plant and equipment in service are amortized on an individual or pooled basis over the expected useful lives of the assets, generally using<br />

the straight-line method.<br />

The expected useful lives, in years, of <strong>BC</strong> <strong>Hydro</strong>’s main classes of property, plant and equipment are:<br />

Generation<br />

Hydraulic 50 – 100<br />

Thermal 10 – 50<br />

Lines 35 – 100<br />

Substations 20 – 50<br />

Buildings 45 – 50<br />

Equipment 7 – 20<br />

Computer hardware 2 – 10<br />

Service vehicles 7 – 20<br />

Sundry 20 – 45<br />

Intangible Assets<br />

Intangible assets are recorded at cost. Intangible assets with indefinite useful lives are not subject <strong>to</strong> amortization. These assets are tested for<br />

impairment annually or more frequently if events indicate that the asset may be impaired.<br />

Intangible assets with finite useful lives are amortized over their useful lives on a straight line basis. These assets are tested for impairment when<br />

events or changes in circumstances indicate that the carrying value may not be fully recoverable. The expected useful lives, in years, are as follows:<br />

Software 2 – 10<br />

Land Rights 20<br />

Clearings 100<br />

Sundry 10 – 20


notes <strong>to</strong> consoliDateD <strong>Financial</strong> stateMents<br />

For the years enDeD <strong>March</strong> <strong>31</strong>, <strong>2007</strong> anD 2006<br />

note 1: signiFicant accounting policies (continued)<br />

Cash and Cash Equivalents<br />

Cash and cash equivalents include cash and units of a money market fund that are valued at the lower of cost or market.<br />

Materials and Supplies<br />

Materials and supplies are valued at the lower of average cost and net realizable value.<br />

Derivative <strong>Financial</strong> Instruments<br />

1 0 0<br />

2 0 0 7 B C H Y D R O A N N U A L R E P O R T<br />

F I N A N C I A L R E S U L T S<br />

<strong>BC</strong> <strong>Hydro</strong> uses derivative financial instruments <strong>to</strong> manage interest rate and foreign exchange risks related <strong>to</strong> debt, and exposure <strong>to</strong> electricity and gas<br />

market prices.<br />

Derivatives that are designated as hedges are deemed <strong>to</strong> be effective in offsetting the designated risk and are accounted for on a basis consistent<br />

with the underlying financial exposure. Payments and receipts under interest rate and cross-currency swap contracts are recognized as adjustments<br />

<strong>to</strong> finance charges. Gains and losses on terminated interest rate and cross-currency swaps, options and forward rate agreements that are accounted<br />

for as hedges are deferred and amortized on a straight-line basis over the original remaining term of the related contract.<br />

If a derivative is not designated as a hedge or, if a derivative is no longer designated as a hedge or the hedging relationship is terminated, then the<br />

derivative is recorded at fair value from the date the hedging relationship ceases. The change in fair value is recorded as an adjustment of finance<br />

charges.<br />

For energy trading activities and certain liability management derivatives that are not accounted for as hedges, mark-<strong>to</strong>-market accounting is applied.<br />

For energy trading, open trade positions that are derivative commodity instruments are recorded at fair value and recorded as assets or liabilities in<br />

the balance sheet. The changes in fair value of open positions, primarily resulting from changes in market prices subsequent <strong>to</strong> the transaction date,<br />

are recognized as gains or losses in the period of change. For energy trading activities, the gains or losses are included in trade revenues. For liability<br />

management activities, the related gains or losses are included in finance charges.<br />

Fair Value<br />

The fair value of financial instruments and energy trading positions reflect changes in the level of commodity market prices, interest and foreign<br />

exchange rates. Fair value is determined based on exchange or over-the-counter quotations. Where no such information is available, fair value is<br />

established through pricing models and reflects the amount that <strong>BC</strong> <strong>Hydro</strong> expects it would receive or pay <strong>to</strong> terminate the position at the date that<br />

the value is established.<br />

Fair value amounts reflect management’s best estimates considering various fac<strong>to</strong>rs including closing exchange or over-the-counter quotations,<br />

estimates of future prices and foreign exchange rates, time value and volatility. The assumptions used in establishing fair value amounts could differ<br />

from actual prices and the impact of such variations could be material.<br />

Sinking Funds<br />

Sinking funds are held as individual portfolios or units in a pooled bond fund. Securities included in an individual portfolio are recorded at cost,<br />

adjusted by amortization of any discounts or premiums arising on purchase, on a yield basis over the estimated term <strong>to</strong> settlement of the security.<br />

Realized gains and losses are included in sinking fund income. Unrealized gains and losses are not recognized.


notes <strong>to</strong> consoliDateD <strong>Financial</strong> stateMents<br />

For the years enDeD <strong>March</strong> <strong>31</strong>, <strong>2007</strong> anD 2006<br />

note 1: signiFicant accounting policies (continued)<br />

Deferred Revenue<br />

1 0 1<br />

2 0 0 7 B C H Y D R O A N N U A L R E P O R T<br />

F I N A N C I A L R E S U L T S<br />

Deferred revenue consists principally of amounts received under the Skagit River Agreements. Under these agreements, <strong>BC</strong> <strong>Hydro</strong> is required <strong>to</strong><br />

deliver a predetermined amount of electricity each year for an 80-year period ending in fiscal 2066. In return <strong>BC</strong> <strong>Hydro</strong> receives approximately<br />

US$22 million each year for a 35-year period ending in fiscal 2021 and US$100,000 (adjusted for inflation) each year for an 80-year period ending in<br />

fiscal 2066.<br />

The amounts received under the Skagit River Agreements are deferred and included in income on an annuity basis over the electricity delivery period<br />

ending in fiscal 2066.<br />

Deferred Contributions<br />

Contributions in aid of construction are amounts paid by certain cus<strong>to</strong>mers <strong>to</strong>ward the cost of property, plant and equipment required for the<br />

extension of services. These amounts are amortized over the expected useful life of the related assets.<br />

Contributions arising from the Columbia River Treaty relate <strong>to</strong> three dams built by <strong>BC</strong> <strong>Hydro</strong> in the mid-1960s <strong>to</strong> regulate the flow of the Columbia<br />

River. The contributions were made <strong>to</strong> assist in financing the construction of the dams. These proceeds were deferred and are amortized <strong>to</strong> income<br />

over the period ending in fiscal 2025, the minimum term of the treaty.<br />

Asset Retirement Obligations<br />

Asset retirement obligations are legal obligations associated with the retirement of long-lived assets. A liability is recorded at the present value of the<br />

estimated future costs when a reasonable estimate of the fair value can be made. When a liability is initially recorded, <strong>BC</strong> <strong>Hydro</strong> capitalizes the costs<br />

by increasing the carrying value of the long-lived asset. The liability is adjusted for the passage of time through accretion (interest) expense and the<br />

capitalized cost is amortized over the useful life of the associated asset. <strong>Act</strong>ual costs incurred upon settlement of an asset retirement obligation are<br />

charged against the related liability <strong>to</strong> the extent of the accrued balance. Any difference between the actual costs incurred upon settlement of the<br />

asset retirement obligation and the recorded liability is recognized as a gain or loss in earnings at that time.<br />

Defined Benefit Plans<br />

The cost of pensions and other post-retirement benefits earned by employees is actuarially determined using the projected benefit method prorated<br />

on service and management’s best estimate of expected plan investment performance, salary escalation, retirement ages of employees and expected<br />

health care costs. For the purpose of calculating the return on plan assets the assets are valued at fair value. The obligations are discounted using a<br />

market interest rate at the end of the year on high-quality corporate debt instruments that match the timing and amount of expected benefit<br />

payments.<br />

Transitional obligations and assets and past service costs from plan amendments are amortized on a straight-line basis over the average remaining<br />

service period of active members at the date of amendment.<br />

The excess of the net cumulative unamortized actuarial gain or loss over 10 per cent of the greater of the benefit obligation and the fair value of<br />

plan assets at the beginning of the year is amortized over the average remaining service period of active employees. The average remaining service<br />

period of the active employees covered by the employee benefit plans is 11 years (2006 – 11 years). When the restructuring of a benefit plan gives<br />

rise <strong>to</strong> both a curtailment and a settlement of obligations, the curtailment is accounted for prior <strong>to</strong> the settlement.


notes <strong>to</strong> consoliDateD <strong>Financial</strong> stateMents<br />

For the years enDeD <strong>March</strong> <strong>31</strong>, <strong>2007</strong> anD 2006<br />

note 1: signiFicant accounting policies (continued)<br />

Environmental Expenditures and Liabilities<br />

1 0 2<br />

2 0 0 7 B C H Y D R O A N N U A L R E P O R T<br />

F I N A N C I A L R E S U L T S<br />

<strong>BC</strong> <strong>Hydro</strong> conducts its operations in a manner that enables it <strong>to</strong> meet existing statu<strong>to</strong>ry requirements of environmental legislation or standards. The<br />

objective is <strong>to</strong> minimize the impact on the quality of the natural and social environment, providing enhancements wherever practical.<br />

Environmental expenditures are expensed as part of operating activities, unless they constitute an asset improvement or act <strong>to</strong> mitigate or prevent<br />

possible future contamination, in which case the expenditures are capitalized and amortized <strong>to</strong> income. Environmental liabilities are accrued when<br />

environmental expenditures related <strong>to</strong> activities of <strong>BC</strong> <strong>Hydro</strong> are considered likely and the costs can be reasonably estimated. Estimated liabilities are<br />

reviewed periodically and these reviews can result in adjustments <strong>to</strong> previously recorded items.<br />

Taxes<br />

<strong>BC</strong> <strong>Hydro</strong> pays local government taxes and grants in lieu <strong>to</strong> municipalities and regional districts. As a Crown corporation, <strong>BC</strong> <strong>Hydro</strong> is exempt from<br />

Canadian federal and provincial income taxes.<br />

Comparative Figures<br />

Certain amounts in the prior year’s statements have been reclassified <strong>to</strong> conform <strong>to</strong> the current year’s presentation.<br />

note 2: regulation<br />

Rate Regulation<br />

On November 10, 2006, the Commission approved the Negotiated Settlement Agreement (NSA) filed with respect <strong>to</strong> the F<strong>2007</strong>/2008<br />

Revenue Requirements Application. The Commission approved rate increases of 1.54 per cent for July 1, 2006 <strong>to</strong> January <strong>31</strong>, <strong>2007</strong> and a further<br />

2.10 per cent effective February 1, <strong>2007</strong>, for a combined increase of 3.64 per cent, based on an allowed rate of return of 13.10 per cent.<br />

Included in the February 1, <strong>2007</strong> rate increase is a rate rider of two per cent for the purpose of recovering a portion of the current balances in<br />

the Heritage Deferral Account (HDA), Non Heritage Deferral Account (NHDA), Trade Income Deferral Account (TIDA) and <strong>BC</strong>TC Deferral Account<br />

(<strong>BC</strong>TC DA). The amortization of these accounts will be based on a percentage of the rate rider derived from their balance relative <strong>to</strong> the <strong>to</strong>tal for the<br />

group. The rate rider has an indefinite term. Recovery of deferral accounts as approved by the Commission in the NSA and from the rate rider in<br />

fiscal <strong>2007</strong> was $50 million.<br />

As part of the NSA, the following regula<strong>to</strong>ry accounts were approved:<br />

• Large <strong>Hydro</strong> Investigation Costs<br />

• Contributions in Aid (CIA) Amortization Variance<br />

• Depreciation Study Adjustments


notes <strong>to</strong> consoliDateD <strong>Financial</strong> stateMents<br />

For the years enDeD <strong>March</strong> <strong>31</strong>, <strong>2007</strong> anD 2006<br />

note 2: regulation (continued)<br />

Regula<strong>to</strong>ry Accounts<br />

1 0 3<br />

2 0 0 7 B C H Y D R O A N N U A L R E P O R T<br />

F I N A N C I A L R E S U L T S<br />

The following regula<strong>to</strong>ry assets and liabilities have been established through rate regulation. For the year ended <strong>March</strong> <strong>31</strong>, <strong>2007</strong>, the impact of<br />

regula<strong>to</strong>ry accounting has resulted in an increase <strong>to</strong> net income of $28 million (2006 – $241 million).<br />

(in millions) 2006 Additions/Reductions Amortization Net change <strong>2007</strong><br />

Regula<strong>to</strong>ry Assets<br />

Heritage Deferral Account $ 241 $ (9) $ (54) $ (63) $ 178<br />

Non-Heritage Deferral Account 205 49 (45) 4 209<br />

<strong>BC</strong>TC Deferral Account 25 (13) 1 (12) 13<br />

Demand-Side Management Programs<br />

First Nation Negotiation, Litigation and<br />

269 46 (33) 13 282<br />

Settlement Costs Account 119 11 (4) 7 126<br />

Other Regula<strong>to</strong>ry Accounts 2 73 (21) 52 54<br />

Total Regula<strong>to</strong>ry Assets<br />

Regula<strong>to</strong>ry Liabilities<br />

$ 861 $ 157 $ (156) $ 1 862<br />

Future Removal and Site Res<strong>to</strong>ration Costs $ 226 $ – $ (16) $ (16) $ 210<br />

Trade Income Deferral Account 214 36 (47) (11) 203<br />

Total Regula<strong>to</strong>ry Liabilities $ 440 $ 36 $ (63) $ (27) $ 413<br />

Net $ 421 $ 121 $ (93) $ 28 $ 449<br />

Heritage Deferral Account<br />

Under a Special Directive issued by the Province, the Commission was directed <strong>to</strong> authorize <strong>BC</strong> <strong>Hydro</strong> <strong>to</strong> establish the HDA. This account is intended<br />

<strong>to</strong> mitigate the impact of certain variances between the forecasted costs in the revenue requirements application and actual costs of service<br />

associated with the Heritage Resources by adjustment of net income. In the absence of rate regulation, GAAP would require the inclusion of these<br />

cost variances in operating results in the year in which they are incurred, which would have resulted in a $63 million increase in net income<br />

(2006 – $103 million decrease).<br />

Non-Heritage Deferral Account<br />

Under a Special Directive issued by the Province, the Commission approved the establishment of the NHDA, which is intended <strong>to</strong> mitigate the impact<br />

of certain cost variances between the forecasted costs in the revenue requirements application and actual costs related <strong>to</strong> energy acquisition and<br />

maintenance of <strong>BC</strong> <strong>Hydro</strong>’s distribution assets by adjustment of net income. In the absence of rate regulation, GAAP would require the inclusion of<br />

these cost variances in operating results in the year in which they are incurred, which would have resulted in a $4 million decrease in net income<br />

(2006 – $74 million).<br />

<strong>BC</strong>TC Deferral Account<br />

Under a Special Directive issued by the Province, variances that arise between the costs of transmission services included in <strong>BC</strong> <strong>Hydro</strong>’s rates and<br />

<strong>BC</strong>TC’s rates are deferred. In the absence of rate regulation, GAAP would require the inclusion of these cost variances in operating results in the year<br />

in which they are incurred, which would have resulted in a $12 million increase in net income (2006 – $25 million decrease).<br />

During fiscal <strong>2007</strong>, <strong>BC</strong> <strong>Hydro</strong> recorded a $24 million refund from <strong>BC</strong>TC for point-<strong>to</strong>-point services received in cost of energy.


notes <strong>to</strong> consoliDateD <strong>Financial</strong> stateMents<br />

For the years enDeD <strong>March</strong> <strong>31</strong>, <strong>2007</strong> anD 2006<br />

note 2: regulation (continued)<br />

Demand-Side Management Programs<br />

1 0 4<br />

2 0 0 7 B C H Y D R O A N N U A L R E P O R T<br />

F I N A N C I A L R E S U L T S<br />

Established under a regula<strong>to</strong>ry order from the Commission, demand-side management programs are designed <strong>to</strong> reduce the energy requirements on<br />

<strong>BC</strong> <strong>Hydro</strong>’s system. Costs of the programs include materials, direct labour and applicable portions of administration charges, equipment costs, and<br />

incentives. Amounts are deferred and amortized on a straight-line basis over the anticipated period of benefit of the program, generally not in excess<br />

of 10 years.<br />

In the absence of rate regulation, GAAP would require period costs <strong>to</strong> be included in operating results in the year in which they are incurred. Costs<br />

relating <strong>to</strong> identifiable tangible assets that meet the capitalization criteria would be recorded as property, plant and equipment. In <strong>2007</strong>, $46 million<br />

of period costs were incurred and amortization of previously capitalized amounts <strong>to</strong>taled $33 million (2006 – $90 million and $28 million,<br />

respectively). Consequently, net income would have been $13 million lower than would have been recorded in the absence of rate regulation<br />

(2006 – $62 million).<br />

First Nation Negotiations, Litigation and Settlement Costs<br />

Established under a regula<strong>to</strong>ry order, provisions for and costs incurred with respect <strong>to</strong> First Nation negotiations, litigation and settlements are<br />

deferred and amortized on a straight-line basis over a period of 10 years.<br />

In the absence of rate regulation, GAAP would require period costs <strong>to</strong> be included in operating results in the year in which they are incurred. Costs<br />

relating <strong>to</strong> identifiable tangible assets that meet the capitalization criteria would be recorded as property, plant and equipment. In <strong>2007</strong>, $11 million<br />

(2006 – $96 million) of period costs were recorded as regula<strong>to</strong>ry assets, and the amortization of previously capitalized amounts <strong>to</strong>taled $4 million<br />

(2006 – $4 million). Consequently, net income would have been $7 million lower than would have been recorded in the absence of rate regulation<br />

(2006 – $92 million).<br />

Other Regula<strong>to</strong>ry Accounts<br />

Included in other regula<strong>to</strong>ry accounts are the following regula<strong>to</strong>ry assets and liabilities: Foreign Exchange Gains and Losses Arising from the<br />

Translation of Specified Foreign Currency <strong>Financial</strong> Instruments, Large <strong>Hydro</strong> Investigation Costs, Depreciation Study Adjustments; CIA Amortization<br />

Variance, and Major S<strong>to</strong>rm Res<strong>to</strong>ration Costs. All of these accounts have been approved by the Commission through regula<strong>to</strong>ry order, except for the<br />

Major S<strong>to</strong>rm Res<strong>to</strong>ration Costs account which <strong>BC</strong> <strong>Hydro</strong> is applying <strong>to</strong> the Commission for approval. Recoverability of the s<strong>to</strong>rm res<strong>to</strong>ration costs is<br />

subject <strong>to</strong> approval of the Commission.<br />

In <strong>2007</strong>, $52 million of costs deferred <strong>to</strong> these accounts would have decreased net income in the absence of rate regulation (2006 – $4 million).<br />

Future Removal and Site Res<strong>to</strong>ration Costs<br />

As part of its Oc<strong>to</strong>ber 2004 decision, the Commission ordered the establishment of a regula<strong>to</strong>ry provision for future removal and site res<strong>to</strong>ration<br />

costs. This account was established in 2006 by a one-time transfer of $251 million from retained earnings. The costs of dismantling and disposal of<br />

property, plant and equipment will be applied <strong>to</strong> this regula<strong>to</strong>ry liability if they do not otherwise relate <strong>to</strong> an asset retirement obligation.<br />

This liability has been recognized solely as a result of rate regulation as costs for future removal and site res<strong>to</strong>ration have been established in excess<br />

of amounts required as asset retirement obligations. In the absence of rate regulation, it would be anticipated that a liability would not be<br />

recognized. The amortization of previously capitalized amounts <strong>to</strong>taled $16 million in the current year (2006 - $11 million). Consequently, net<br />

income would be $16 million lower than would have been recorded in the absence of rate regulation.


notes <strong>to</strong> consoliDateD <strong>Financial</strong> stateMents<br />

For the years enDeD <strong>March</strong> <strong>31</strong>, <strong>2007</strong> anD 2006<br />

note 2: regulation (continued)<br />

Trade Income Deferral Account<br />

1 0 5<br />

2 0 0 7 B C H Y D R O A N N U A L R E P O R T<br />

F I N A N C I A L R E S U L T S<br />

Established under a Special Directive issued by the Province, this account is intended <strong>to</strong> mitigate the uncertainty associated with forecasting the net<br />

income of <strong>BC</strong> <strong>Hydro</strong>’s trade activities. The impact is <strong>to</strong> defer the difference between the Trade Income forecast in the revenue requirements<br />

application and actual Trade Income. For the purposes of this calculation, Trade Income is defined as the net income of Powerex based on Canadian<br />

GAAP. The difference between the Trade Income forecast and actual Trade Income is deferred except for amounts arising from a net loss in Trade<br />

Income or the portion of Trade Income in excess of $200 million.<br />

In the absence of rate regulation, GAAP would require the inclusion of actual Trade Income <strong>to</strong> be reflected in operating results, regardless of the<br />

variance between forecast and actual amounts, which would have resulted in a $11 million decrease in net income (2006 – $99 million increase).<br />

For certain of the regula<strong>to</strong>ry items identified above, the expected recovery or settlement period, or likelihood of recovery or settlement, is affected by<br />

risks and uncertainties relating <strong>to</strong> the ultimate authority of the Commission and operating results experienced during the year.<br />

Payment <strong>to</strong> the Province<br />

Under a Special Directive from the Province, <strong>BC</strong> <strong>Hydro</strong> is required <strong>to</strong> make an annual Payment <strong>to</strong> the Province (the Payment) on or before June 30 of<br />

each year. The Payment is equal <strong>to</strong> 85 per cent of <strong>BC</strong> <strong>Hydro</strong>’s distributable surplus for the most recently completed fiscal year assuming that the debt<br />

<strong>to</strong> equity ratio, as defined by the Province, after deducting the Payment, is not greater than 80:20. If the Payment would result in a debt <strong>to</strong> equity<br />

ratio exceeding 80:20, then the Payment will be based on the greatest amount that can be paid without causing the debt <strong>to</strong> equity ratio <strong>to</strong> exceed<br />

80:20.<br />

note 3: aMortization<br />

(in millions) <strong>2007</strong> 2006<br />

Amortization of property, plant and equipment in service $ 354 $ 372<br />

Amortization of intangible assets 37 34<br />

Amortization of deferred contributions (29) (44)<br />

Property, plant and equipment written-off 7 49<br />

Dismantling costs 16 11<br />

Salvage proceeds (2) (11)<br />

$ 383 $ 411<br />

During the year ended <strong>March</strong> <strong>31</strong>, 2006, <strong>BC</strong> <strong>Hydro</strong> recorded a write-down of thermal generation assets <strong>to</strong> reflect a reduction in their future use. The<br />

write-down, <strong>to</strong>talling $23 million, is included in property, plant and equipment written-off.<br />

note 4: Finance charges<br />

(in millions) <strong>2007</strong> 2006<br />

Interest on long-term debt $ 515 $ 493<br />

Sinking fund income (39) (54)<br />

Other 1 6<br />

477 445<br />

Less: Assigned <strong>to</strong> unfinished construction (24) (10)<br />

$ 453 $ 435


notes <strong>to</strong> consoliDateD <strong>Financial</strong> stateMents<br />

For the years enDeD <strong>March</strong> <strong>31</strong>, <strong>2007</strong> anD 2006<br />

note 5: property, plant anD equipMent<br />

(in millions) <strong>2007</strong> 2006<br />

Property, Plant Property, Plant<br />

1 0 6<br />

2 0 0 7 B C H Y D R O A N N U A L R E P O R T<br />

F I N A N C I A L R E S U L T S<br />

and Equipment in Accumulated Unfinished Net Book and Equipment in Accumulated Unfinished Net Book<br />

Service Amortization Construction Value Service Amortization Construction Value<br />

Generation<br />

Hydraulic $ 5,555 $ 1,885 $ 199 $ 3,869 $ 5,443 $ 1,749 $ 102 $ 3,796<br />

Thermal 457 272 6 191 454 257 5 202<br />

6,012 2,157 205 4,060 5,897 2,006 107 3,998<br />

Lines 6,685 2,674 261 4,272 6,459 2,687 261 4,033<br />

Substations<br />

Other<br />

2,421 1,206 47 1,262 2,256 1,147 71 1,180<br />

Land and buildings 390 182 9 217 391 179 1 213<br />

Equipment 224 153 7 78 305 228 3 80<br />

Computer hardware 64 34 1 <strong>31</strong> 69 53 17 33<br />

Service vehicles 108 56 9 61 102 60 5 47<br />

Sundry 28 15 4 17 32 15 9 26<br />

814 440 30 404 899 535 35 399<br />

Total $ 15,932 $ 6,477 $ 543 $ 9,998 $ 15,511 $ 6,375 $ 474 $ 9,610<br />

note 6: intangiBle assets<br />

(in millions) <strong>2007</strong> 2006<br />

Accumulated Net Book Accumulated Net Book<br />

Cost Amortization Value Cost Amortization Value<br />

Subject <strong>to</strong> Amortization<br />

Software $ 359 $ 206 $ 153 $ <strong>31</strong>5 $ 165 $ 150<br />

Clearing 177 56 121 174 55 119<br />

Sundry 37 9 28 37 6 <strong>31</strong><br />

Not Subject <strong>to</strong> Amortization<br />

573 271 302 526 226 300<br />

Land Rights 122 – 122 113 – 113<br />

Total $ 695 $ 271 $ 424 $ 639 $ 226 $ 413


BRITISH COLUMBIA HYDRO & POWER AUTHORITY<br />

STATEMENT OF SALARIES AND WAGES PAID<br />

GENERAL<br />

The statement of salaries and wages paid <strong>to</strong> employees during the year ended <strong>March</strong> <strong>31</strong>, <strong>2007</strong> lists gross<br />

remuneration which includes, besides regular salaries and wages, payment for overtime, shift premiums, isolation<br />

and other allowances and payout of earned entitlements.<br />

SEVERANCE GRANTS<br />

During the fiscal year ended <strong>March</strong> <strong>31</strong>, <strong>2007</strong> there were 22 severance agreements made between <strong>BC</strong> <strong>Hydro</strong> and its<br />

non unionized employees. These agreements represented from 2 <strong>to</strong> 18 months compensation.


BRITISH COLUMBIA HYDRO AND POWER AUTHORITY<br />

STATEMENT OF REMUNERATION AND EXPENSES<br />

BOARD OF DIRECTORS<br />

FISCAL YEAR ENDED MARCH <strong>31</strong>, <strong>2007</strong><br />

Name Position Remuneration Expenses<br />

$ $<br />

Bell, L B C <strong>Hydro</strong> Chair 86,927 5,620<br />

Bellringer, S Board of Direc<strong>to</strong>rs 27,250<br />

Costuros, W Board of Direc<strong>to</strong>rs 72,125 2,738<br />

Derrick, E Board of Direc<strong>to</strong>rs 47,750 16,324<br />

Ea<strong>to</strong>n, B Board of Direc<strong>to</strong>rs 11,491<br />

Olewiler, N Board of Direc<strong>to</strong>rs 50,125 472<br />

Powell, P Board of Direc<strong>to</strong>rs 25,625<br />

Saponja, W Board of Direc<strong>to</strong>rs 44,750 10,803<br />

Weisgerber, J Board of Direc<strong>to</strong>rs 37,125 8,008<br />

Best, W Board of Direc<strong>to</strong>rs 5,250 2,724<br />

Powertech<br />

Fairweather, R Board of Direc<strong>to</strong>rs 21,750 11<br />

Powerex<br />

Total 418,677 58,191


Report ID: HYFIA001<br />

A Abdalla<br />

R Abernethy<br />

K Abeyewardene<br />

AM Abramson<br />

OP Acharya<br />

J Acland<br />

R Adair<br />

A Adams<br />

B Adams<br />

B Adams<br />

H Adams<br />

J Adams<br />

M Adams<br />

NE Adams<br />

J Addie<br />

K Addo<br />

M Ahad<br />

K Ahlfield<br />

B Albinsson<br />

RA Aldeguer<br />

E Alexander<br />

KD Alexander<br />

L Alexander<br />

M Alexander<br />

D Alger<br />

J Allen<br />

T Allen<br />

N Allinson<br />

J Almonidovar<br />

H Alvarado<br />

J Anaka<br />

D Anand<br />

A Andersen<br />

RM Andersen<br />

AR Anderson<br />

A Anderson<br />

B Anderson<br />

CR Anderson<br />

D Anderson<br />

D Anderson<br />

G Anderson<br />

K Anderson<br />

R Anderson<br />

BD Andrews<br />

Z Andrijaszyn<br />

R Angman<br />

R Angus<br />

R Angus<br />

V Antao<br />

VB An<strong>to</strong>niades<br />

J Apolzer<br />

D Apps<br />

V Arce<br />

J Arishenkoff<br />

NL Arishenkoff<br />

T Armatage<br />

LW Armstrong<br />

C Arnason<br />

D Arnold<br />

D Arnott<br />

M Arshad<br />

J Arthur<br />

K Assaf<br />

B Assman<br />

W Atamanchuk<br />

TR Ather<strong>to</strong>n<br />

R Atzenberger<br />

R Austrom<br />

C Auyoung<br />

HYDRO<br />

Statement of Remuneration paid <strong>to</strong> employees and Expenses paid<br />

Page No:<br />

1<br />

on behalf of employees during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong> Run Date:<br />

8/28/<strong>2007</strong><br />

Run Time: 10:41:04AM<br />

REMUNERATION EXPENSES REMUNERATION<br />

EXPENSES<br />

94,551 129<br />

75,182 868<br />

85,876 828<br />

130,413 387<br />

109,402 10,433<br />

96,103 3,899<br />

90,911 300<br />

100,129 11,463<br />

76,380 6,519<br />

94,978 22,804<br />

110,339 7,205<br />

87,881 700<br />

84,499 3,971<br />

77,4<strong>31</strong> 1,767<br />

113,440 739<br />

113,247 558<br />

109,478 2,505<br />

167,840 1,659<br />

94,767 13,055<br />

328,093 8,849<br />

96,337 10,515<br />

83,229 1,874<br />

92,017 2,935<br />

101,283 4,512<br />

78,667 1,107<br />

79,222 1,784<br />

78,678 6,004<br />

115,547 2,786<br />

102,236 3,354<br />

81,068 5,666<br />

88,162 12,140<br />

129,178 8,455<br />

75,810 18,325<br />

142,421 5,378<br />

124,397 3,152<br />

76,655 2,474<br />

153,768 14,0<strong>31</strong><br />

99,762 1,511<br />

77,091 3,651<br />

78,692 27,539<br />

90,286 144<br />

171,002<br />

79,595<br />

10,208<br />

84,770<br />

183,473<br />

2,525<br />

107,064 15,1<strong>31</strong><br />

154,866 15,711<br />

90,096 4,626<br />

155,174 2,520<br />

130,987 505<br />

201,456 5,235<br />

143,882 9,023<br />

90,964 958<br />

168,387 5,655<br />

76,278 1,110<br />

124,589 5,788<br />

77,247 1,158<br />

105,549 5,076<br />

114,267 11,985<br />

79,873 6,172<br />

97,706 9,386<br />

113,932 4,282<br />

79,464 2,387<br />

85,164 1,163<br />

95,690 11,164<br />

125,339 24,958<br />

95,442 7,648<br />

133,063 3,463<br />

76,812 1,972<br />

N Avdic<br />

R Avis<br />

J Avren<br />

K Babiy<br />

MJ Bachman<br />

C Badenhorst<br />

SH Bae<br />

RE Bailey<br />

TF Bailey<br />

HS Bains<br />

D Bairs<strong>to</strong>w<br />

EG Bairs<strong>to</strong>w<br />

BE Baker<br />

D Baker<br />

R Baker<br />

R Baker<br />

R Balbirnie<br />

M Balea<br />

JT Ball<br />

A Banks<br />

MP Barbour<br />

J Barker<br />

B Barnes<br />

M Barnes<br />

G Barnett<br />

R Barone<br />

G Barr<br />

R Barron<br />

LT Bartfai<br />

C Bartle<br />

S Bartman<br />

HS Basi<br />

A Basra<br />

L Bassim<br />

M Bast<br />

DB Bauerfind<br />

JS Baum<br />

AG Baxter<br />

G Baxter<br />

J Baxter<br />

P Baxter<br />

RK Bean<br />

C Beauchamp<br />

J Beauchamp<br />

B Becer<br />

K Beck<br />

HC Bedard<br />

SJ Bedford<br />

J Beebe<br />

T Beeson<br />

C Befus<br />

J Beggs<br />

H Behn<br />

HJ Bell<br />

K Bell<br />

SA Bell<br />

JF Beltgens<br />

C Bemister<br />

D Bemister<br />

D Benish<br />

B Benjamin<br />

RH Benjamin<br />

SS Benjamin<br />

CG Bennett<br />

J Bennett<br />

JA Bennett<br />

DW Berard<br />

M Berg<br />

B Bergen<br />

U Bergmann<br />

78,584 3,951<br />

100,375 1,646<br />

166,925 2,682<br />

99,249 18,122<br />

77,672 7,819<br />

126,363 422<br />

135,096 6,719<br />

108,055 3,305<br />

136,027<br />

107,473<br />

9,773<br />

118,855 10,872<br />

80,867 10,410<br />

113,493 2,321<br />

171,393 3,478<br />

124,003 3,595<br />

102,705 939<br />

155,476 12,151<br />

107,889 1,948<br />

161,642 6,503<br />

101,691 1,381<br />

100,957 962<br />

182,567 11,<strong>31</strong>6<br />

1<strong>31</strong>,522 8,584<br />

77,409 14,967<br />

116,837 10,786<br />

125,042 600<br />

112,484 6,082<br />

92,072 2,581<br />

160,320 18,211<br />

169,622 2,582<br />

76,197 256<br />

123,891 2,952<br />

107,984 188<br />

109,917 509<br />

102,830 6,040<br />

133,520 6,149<br />

116,971 334<br />

107,941 1,464<br />

166,109 4,799<br />

78,622 10,416<br />

82,413 1,178<br />

135,060 2,978<br />

86,<strong>31</strong>1 4,566<br />

146,860<br />

133,737<br />

21,794<br />

79,629 28,272<br />

102,427 6,928<br />

118,798 2,722<br />

122,224 5,360<br />

78,925 9,020<br />

1<strong>31</strong>,619 35,899<br />

178,904 3,830<br />

144,776 16,470<br />

113,650 14,023<br />

125,347 9,204<br />

102,547 577<br />

142,523 8,360<br />

95,593 1,808<br />

85,776 78<br />

108,642 673<br />

117,873 5,457<br />

129,257<br />

118,508<br />

2,500<br />

99,677 513<br />

103,728 2,497<br />

81,832 1,472<br />

155,786<br />

76,399<br />

1,603<br />

91,324 18,743<br />

146,805 21,034


Report ID: HYFIA001<br />

B Berkelaar<br />

A Berrisford<br />

G Berthold<br />

J Betteridge<br />

V Bevacqua<br />

JO Bevan-Pritchard<br />

G Bianowsky<br />

DD Bidin<br />

V Bidnyk<br />

ER Bienias<br />

D Biever<br />

L Biggs<br />

M Bilesky<br />

B Billey<br />

G Birch<br />

M Bird<br />

R Birnie<br />

R Birtch<br />

H Bishop<br />

R Bishop<br />

JR Bissett<br />

D Bisson<br />

GM Bittante<br />

S Bjorklund<br />

BG Blackman<br />

H Blecker<br />

M Bleko<br />

I Block<br />

CW Blokland<br />

S Blom<br />

K Bochon<br />

A Bock<br />

J Bodenham<br />

J Boersma<br />

B Boese<br />

B Boese<br />

L Boffy<br />

RB Boffy<br />

AH Bogetti<br />

W Bogle<br />

T Bogue<br />

AJ Boldt<br />

R Boldt<br />

C Boltwood<br />

JM Bond<br />

F Bonn<br />

J Bonser<br />

D Boomer<br />

E Boon<br />

J Boots<br />

M Boozari<br />

S Borradaile<br />

RM Borsoff<br />

JR Botham<br />

D Boucher<br />

DR Bourne<br />

G Boyd<br />

G Bozic<br />

R Bradd<br />

G Bradley<br />

JE Bradley<br />

RG Bradshaw<br />

S Bradshaw<br />

WT Bradshaw<br />

MG Braem<br />

TJ Brand<br />

RR Brandon<br />

J Brandschert<br />

M Brandson<br />

J Branham<br />

TW Brannlund<br />

HYDRO<br />

Statement of Remuneration paid <strong>to</strong> employees and Expenses paid<br />

Page No:<br />

2<br />

on behalf of employees during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong> Run Date:<br />

8/28/<strong>2007</strong><br />

Run Time: 10:41:04AM<br />

REMUNERATION EXPENSES REMUNERATION<br />

EXPENSES<br />

113,367 3,715<br />

106,617 7,108<br />

101,368 5,032<br />

175,420 6,296<br />

89,197 4,428<br />

76,295 6,891<br />

152,753<br />

112,205<br />

12,097<br />

89,999 4,050<br />

90,967 4,222<br />

76,034 520<br />

76,967 100<br />

102,041 158<br />

115,112 12,539<br />

205,523 22,044<br />

79,295 2,348<br />

161,<strong>31</strong>2 10,352<br />

87,072 205<br />

137,809 15,559<br />

158,806 13,497<br />

132,098 2,465<br />

115,361 18,220<br />

82,606 2,305<br />

148,656 6,030<br />

80,708 14,115<br />

117,830 556<br />

110,888 752<br />

156,849 696<br />

112,402 1,791<br />

78,160 10,642<br />

89,818 7,343<br />

87,161 6,688<br />

121,387<br />

77,443<br />

2,173<br />

107,520 3,022<br />

92,499 13,492<br />

139,509 16,296<br />

87,411 2,138<br />

120,004 6,428<br />

108,290 1,381<br />

100,434 110<br />

150,272 11,658<br />

78,705 732<br />

133,209 563<br />

140,983 3,329<br />

80,678 570<br />

105,305 462<br />

84,957 1,008<br />

126,673 2,433<br />

155,613 3,367<br />

75,037 4,972<br />

78,440 16,584<br />

77,817 692<br />

80,469 452<br />

122,886 7,716<br />

81,728 266<br />

135,565 8,505<br />

83,956 5,013<br />

98,553 6,157<br />

82,640 483<br />

105,949 22,375<br />

79,293 935<br />

86,810 2,592<br />

101,455 1,273<br />

113,445 4,109<br />

140,063 3,753<br />

121,835 11,188<br />

80,382 580<br />

132,618 12,177<br />

89,594 4,858<br />

145,197 10,342<br />

K Bray<br />

K Bremner<br />

R Brewis<br />

D Bridal<br />

S Bridgman<br />

E Brigden<br />

N Brigden<br />

A Briggs<br />

M Briggs<br />

R Brigh<strong>to</strong>n<br />

RT Brodie<br />

D Bromley<br />

J Brookes<br />

D Brooks<br />

PR Broomfield<br />

C Brough<br />

AM Brown<br />

C Brown<br />

J Brown<br />

K Brown<br />

K Brown<br />

M Brown<br />

K Browning<br />

HE Brownlow<br />

D Bruce<br />

J Bruce<br />

I Bruhs<br />

W Brunner<br />

SA Bruyneel<br />

CL Bucar<br />

P Buchanan<br />

A Bucknell<br />

P Buckoke<br />

J Budd<br />

D Bulger<br />

R Bullock<br />

HE Burbee<br />

M Burgess<br />

D Burggraeve<br />

A Burkinshaw<br />

GE Burkitt<br />

S Burkitt<br />

DG Burnett<br />

J Burns<br />

T Burns<br />

G Burr<br />

N Burroughs<br />

D Bur<strong>to</strong>n<br />

R Bur<strong>to</strong>n<br />

P Burville<br />

HR Butters<br />

L Byhre<br />

B Byrnell<br />

D Byrnell<br />

D Cabral<br />

Y Cakmur<br />

C Caldarella<br />

D Calder<br />

R Calderon<br />

M Callaghan<br />

D Callewaert<br />

B Campbell<br />

C Campbell<br />

C Campbell<br />

ED Campbell<br />

N Campbell<br />

S Campbell<br />

BD Cann<br />

S Canning<br />

BG Cannon<br />

S Cao<br />

75,823 5,255<br />

78,790 6,143<br />

91,268 2,742<br />

120,3<strong>31</strong> 3,217<br />

182,929 10,796<br />

160,744 21,705<br />

89,574 4,488<br />

75,007 1,224<br />

120,751 10,555<br />

112,024 5,678<br />

109,0<strong>31</strong> 843<br />

129,498 306<br />

97,238 1,826<br />

148,711 1,548<br />

97,951 3<br />

77,793 448<br />

78,616 7,795<br />

100,132 29,284<br />

97,822 11,102<br />

215,277 46,338<br />

86,585 338<br />

91,405<br />

94,433<br />

436<br />

118,344 14,777<br />

96,671 6,799<br />

84,261 397<br />

89,656 840<br />

237,975 362<br />

234,739 650<br />

216,366 13,375<br />

99,483 6,376<br />

93,811 1,067<br />

81,093 100<br />

117,742 11,243<br />

158,517 9,523<br />

123,368 16,526<br />

138,917 13,066<br />

97,589 4,354<br />

105,267 14,550<br />

92,457 37,108<br />

114,157 4,887<br />

141,660 19,477<br />

99,387 3,858<br />

118,147 13,704<br />

163,427 18,858<br />

94,249 1,927<br />

137,211 5,999<br />

90,456 1,098<br />

84,807 2,7<strong>31</strong><br />

80,594 2,171<br />

118,916 1,738<br />

132,243 1,498<br />

94,746 200<br />

102,841 584<br />

81,981 5,358<br />

107,484 4,354<br />

86,264 7,271<br />

148,914 9,245<br />

95,665 2,200<br />

102,514 9,198<br />

178,579 13,120<br />

106,875 14,177<br />

77,259 118<br />

111,735 10,422<br />

113,777 5,385<br />

153,128 16,114<br />

128,977 3,969<br />

75,4<strong>31</strong> 955<br />

195,005<br />

80,534<br />

19,140<br />

78,588 944


Report ID: HYFIA001<br />

LJ Carabetta<br />

G Cardinal<br />

MD Carlson<br />

RE Carmichael<br />

G Carter<br />

M Carter<br />

RG Carter<br />

C Caryula<br />

V Case<br />

G Caslor<br />

E Catapia<br />

JD Cattanach<br />

A Cat<strong>to</strong><br />

S Cavan<br />

B Cave<br />

MJ Cavin<br />

L Cender<br />

D Chai<br />

NV Chalmers<br />

C Chan<br />

DK Chan<br />

D Chan<br />

S Chan<br />

P Chand<br />

D Chang<br />

A Chan-McLeod<br />

S Chapman<br />

A Chappell<br />

G Charchun<br />

S Charlesworth<br />

MW Cheater<br />

X Chen<br />

JS Cheng<br />

P Cheng<br />

P Cheng<br />

P Cheng<br />

W Cheng<br />

W Cheng<br />

L Cherkezoff<br />

R Chernenkoff<br />

L Chernenkow<br />

S Cherukupalli<br />

E Cheung<br />

MK Cheung<br />

I Chichkin<br />

NS Chinatambi<br />

J Chiu<br />

A Chooi<br />

N Chopra<br />

A Chow<br />

G Chow<br />

L Chow<br />

S Chow<br />

CT Christensen<br />

JL Christensen<br />

C Christianson<br />

P Chu<br />

T Chu<br />

VS Chu<br />

K Chun<br />

A Chung<br />

S Chung<br />

WH Chung<br />

L Chutskoff<br />

D Chwaklinski<br />

M Ciccotelli<br />

M Cienciala<br />

R Clapper<strong>to</strong>n<br />

DM Clark<br />

DA Clark<br />

G Clark<br />

HYDRO<br />

Statement of Remuneration paid <strong>to</strong> employees and Expenses paid<br />

Page No:<br />

3<br />

on behalf of employees during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong> Run Date:<br />

8/28/<strong>2007</strong><br />

Run Time: 10:41:04AM<br />

REMUNERATION EXPENSES REMUNERATION<br />

EXPENSES<br />

106,<strong>31</strong>0 2,054<br />

132,413 2,384<br />

117,574 204<br />

117,128 7,688<br />

115,410 6,560<br />

160,305 11,040<br />

113,642 6,807<br />

86,429 8,669<br />

96,996 10,985<br />

93,806 13,867<br />

129,586 350<br />

144,143 28,383<br />

106,994 18,789<br />

78,962 6,578<br />

88,290 5,755<br />

130,152 21,691<br />

128,806 2,514<br />

116,962 3,222<br />

107,948 1,010<br />

157,876 4,325<br />

103,382 94<br />

1<strong>31</strong>,195 3,106<br />

106,058 6,425<br />

113,809 2,132<br />

80,778 448<br />

116,990 2,354<br />

100,<strong>31</strong>2 3,139<br />

88,018<br />

100,379<br />

4,038<br />

91,408 22,466<br />

104,765 14,467<br />

100,029 3,526<br />

121,914 921<br />

97,719 769<br />

75,020 <strong>31</strong>0<br />

106,270 6,427<br />

112,576<br />

118,106<br />

7,035<br />

101,428 1,179<br />

81,290 976<br />

148,227 1,621<br />

125,846 7,608<br />

98,029 6,969<br />

168,776 130<br />

77,942 7,475<br />

113,814 186<br />

132,166 6,693<br />

97,721 2,599<br />

123,000 985<br />

96,162 790<br />

108,695 745<br />

118,729 7,921<br />

111,399 3,594<br />

94,632 1,869<br />

115,402 3,996<br />

96,673 9,332<br />

144,714 22,762<br />

124,944 22<br />

120,869 3,047<br />

115,794 127<br />

111,650 735<br />

115,352 9,758<br />

108,234 3,323<br />

151,971 6,273<br />

107,337 2,819<br />

75,516 2,763<br />

105,080 30,003<br />

114,288 5,359<br />

123,018 7,451<br />

75,305 7,802<br />

96,012 4,865<br />

L Clark<br />

B Clarke<br />

D Clarke<br />

W Clarke<br />

M Clax<strong>to</strong>n<br />

R Clelland<br />

R Cleven<br />

G Clibbett<br />

D Clinaz<br />

B Cline<br />

W Cline<br />

AN Coburn<br />

D Cochran<br />

C Cochrane<br />

G Cochrane<br />

GT Coghill<br />

NJ Colby<br />

M Cole<br />

RJ Coleman<br />

RH Coleman<br />

N Cole-Morgan<br />

F Collette<br />

R Collins<br />

T Collins<br />

L Coltart<br />

SJ Colville<br />

FR Combs<br />

A Comfort<br />

A Comp<strong>to</strong>n<br />

FW Condrashoff<br />

K Conlin<br />

G Connell<br />

J Connors<br />

BB Conrad<br />

K Contzen<br />

D Conway<br />

G Conway<br />

T Cook<br />

T Cook<br />

VH Cook<br />

L Cooper<br />

GD Corbett<br />

R Corbett<br />

J Cormier<br />

P Corsie<br />

RR Cote<br />

EW Cottingham<br />

HN Cottingham<br />

E Coulombe<br />

K Coulter<br />

RK Coulter<br />

AP Coupe<br />

W Cousins<br />

A Coutts<br />

G Coutts<br />

A Cowan<br />

LR Cowell<br />

F Cox<br />

L Cramp<strong>to</strong>n<br />

J Cranmer<br />

D Craven<br />

B Crawley<br />

L Creech<br />

SA Crees<br />

GM Cromarty<br />

JF Cromp<strong>to</strong>n<br />

D Cronan<br />

J Croockewit<br />

D Cross<br />

R Cross<br />

W Cross<br />

81,709 790<br />

158,471 22,371<br />

123,225 12,405<br />

80,811 35,557<br />

104,468 64,807<br />

122,063 7,570<br />

146,520 556<br />

125,121 20,015<br />

82,090 7,119<br />

86,8<strong>31</strong> 6,086<br />

110,371 53,114<br />

84,376 418<br />

140,071 5,406<br />

94,955 1,803<br />

166,810 3,627<br />

95,284 168<br />

222,207 7,764<br />

90,976 4,075<br />

85,718 50<br />

86,126 3,963<br />

104,954 112<br />

106,366 3,787<br />

84,821 743<br />

93,588 6,644<br />

211,829 8,951<br />

112,248 1,<strong>31</strong>7<br />

79,420 280<br />

110,816 6,451<br />

89,294 2,157<br />

109,412 2,174<br />

128,052 15,511<br />

107,036 63<br />

75,808 18,104<br />

109,398 400<br />

75,872 64<br />

149,081 22,463<br />

178,008 22,604<br />

149,904 15,110<br />

119,254<br />

78,299<br />

3,097<br />

102,790 6,702<br />

198,021 3,366<br />

96,745 241<br />

84,729 307<br />

124,423 747<br />

178,693 3,842<br />

82,844 7,522<br />

79,361 111<br />

107,775 5,511<br />

80,269 15,038<br />

138,959 1,695<br />

90,474 4,808<br />

121,786 14,469<br />

118,711 21,136<br />

126,901 9,279<br />

352,940 47,130<br />

120,428 3,138<br />

81,103 2,474<br />

113,532 18,836<br />

100,192 19,404<br />

75,139 150<br />

182,0<strong>31</strong> 11,902<br />

84,591 137<br />

87,642 353<br />

125,011 14,234<br />

139,740 8,604<br />

191,539 6,925<br />

100,693 6,247<br />

88,516 5,332<br />

96,239 45,661<br />

115,854 10,593


Report ID: HYFIA001<br />

B Croteau<br />

R Crothers<br />

GH Crowhurst<br />

B Crowther<br />

V Cummings<br />

ER Dagan<br />

C Dahl<br />

N Dai<br />

J Dale<br />

SM Dalman<br />

K Dang<br />

JD Dashwood<br />

A Davey<br />

GP Davidson<br />

HW Davidson<br />

J Davidson<br />

W Davidson<br />

J Davie<br />

D Davis<br />

M Davison<br />

R Dawson<br />

M Day<strong>to</strong>n<br />

MS De Asis<br />

DE Deguire<br />

M DeHaan<br />

T Deines<br />

W Deitner<br />

B dela Cruz<br />

R Dela Rosa<br />

J Delage<br />

DA Delcourt<br />

DF Della Maestra<br />

D Delmonico<br />

J DelRaj<br />

D Den Biesen<br />

R Denis<br />

F Dennert<br />

LJ Dennis<br />

R Depuit<br />

N Dermody<br />

B Derrien<br />

D Deyagher<br />

AG Dezall<br />

NS Dharamshi<br />

R Dhillon<br />

R Di Lullo<br />

B Diallo<br />

G Dickie<br />

J Dickin<br />

AW Dionne<br />

TC Dithurbide<br />

J Dixon<br />

R Dobie<br />

S Dobie<br />

BF Dobranowski<br />

D Dobrenski<br />

MG Doc<strong>to</strong>r<br />

I Dodd<br />

W Doerksen<br />

D Don<br />

F Donaghy<br />

KD Donnan<br />

P Donovan<br />

P Dooley<br />

R Dorner<br />

J Dorsey<br />

B Dos Remedios<br />

D Doskotch<br />

K Dostie<br />

B Douglas<br />

D Dowler<br />

HYDRO<br />

Statement of Remuneration paid <strong>to</strong> employees and Expenses paid<br />

Page No:<br />

4<br />

on behalf of employees during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong> Run Date:<br />

8/28/<strong>2007</strong><br />

Run Time: 10:41:04AM<br />

REMUNERATION EXPENSES REMUNERATION<br />

EXPENSES<br />

83,170 3,905<br />

81,636 3,370<br />

122,908 4,820<br />

135,525 1,654<br />

103,848<br />

80,857<br />

421<br />

166,307 16,865<br />

76,149 2,085<br />

86,560 27,547<br />

78,684 5,143<br />

157,086 463<br />

118,724 9,600<br />

89,974 24,750<br />

102,497 10,<strong>31</strong>1<br />

101,284 4,004<br />

77,064 1,539<br />

146,615 17,425<br />

81,620 7,226<br />

154,713 10,077<br />

87,098 1,945<br />

78,407 3,665<br />

147,451 2,507<br />

86,724 50<br />

85,044 3,738<br />

128,230 9,768<br />

87,225 1,913<br />

102,104 32,476<br />

77,159 8,546<br />

102,097 10,555<br />

93,251 268<br />

129,500 8,940<br />

91,335 13,403<br />

155,938 4,340<br />

103,350 6,578<br />

82,688 15,991<br />

116,337 2,009<br />

163,678 8,542<br />

76,032 435<br />

87,1<strong>31</strong> 3,<strong>31</strong>8<br />

150,610 41,350<br />

112,900 2,605<br />

138,082 8,974<br />

98,998 519<br />

120,519 5,792<br />

78,750 <strong>31</strong>7<br />

83,543 28,966<br />

76,330 5,500<br />

115,778 2,984<br />

89,857 4,656<br />

100,520 837<br />

157,186 35,238<br />

194,120 25,637<br />

110,204 10,488<br />

84,079 35,825<br />

190,445 2,072<br />

109,483 35,504<br />

97,767 1,482<br />

82,386 12,366<br />

102,973 24,029<br />

82,466 20,447<br />

145,384 8,532<br />

87,416 2,483<br />

107,779 4,133<br />

75,956 5,430<br />

95,373 772<br />

99,586<br />

80,103<br />

2,273<br />

97,491 2,739<br />

75,529 366<br />

78,677 1,957<br />

111,113 29,799<br />

RJ Downey<br />

B Drader<br />

R Draugelis Dawson<br />

JL Dresler<br />

S Drexl<br />

G Driedger<br />

M Drown<br />

DJ Druce<br />

K Duchak<br />

C Duffy<br />

J Duffy<br />

K Duhamel<br />

R Duncan<br />

W Duncan<br />

L Dundas<br />

P Dunham<br />

DD Dunlop<br />

C Dunsford<br />

T Duong<br />

JG Duplessis<br />

BJ Durand<br />

R Dusil<br />

L Dwolinsky<br />

L Dyck<br />

C Dyson<br />

G Dziedzic<br />

M Eang<br />

W Earis<br />

C Earle<br />

S Earle<br />

L Ebert<br />

B Eccle<strong>to</strong>n<br />

J Edgar<br />

B Edmond<br />

O Edvardsen<br />

C Edwards<br />

JC Edwards<br />

M Edwards<br />

P Edwards<br />

T Edwards<br />

C Egan<br />

D Egroff<br />

M Eidsness<br />

M Eldridge<br />

D Ellingboe<br />

E Elliott<br />

RM Ellis<br />

B El<strong>to</strong>n<br />

F Embryk<br />

S Emery<br />

EG Enegren<br />

A English<br />

R Engstrom<br />

DB Enns<br />

JA Enns<br />

N Enock<br />

B Enright-Peterson<br />

P Entwistle<br />

DB Epp<br />

G Erho<br />

GA Eriksen<br />

G Esau<br />

A Escobar<br />

E Esguerra<br />

KL Essery<br />

E Ethier<br />

RT Evans<br />

T Evans Buhr<br />

M Ewaniuk<br />

G Ewart<br />

L Ewert<br />

143,516 7,392<br />

85,427 1,821<br />

94,3<strong>31</strong> 3,884<br />

89,338 11,3<strong>31</strong><br />

79,278 8,251<br />

87,194 1,581<br />

85,869 3,851<br />

157,644 4,<strong>31</strong>0<br />

110,926 2,977<br />

103,473 12,415<br />

110,881 2,896<br />

92,229 675<br />

111,635 1,775<br />

83,987 1,414<br />

130,447 4,432<br />

97,677 120<br />

174,345 10,909<br />

87,974<br />

100,688<br />

20,897<br />

121,694 14,283<br />

93,296 8,572<br />

150,280 43,821<br />

123,495 18,172<br />

168,537 10,088<br />

110,745 5,162<br />

122,263 4,791<br />

135,696 1,476<br />

108,326 8,191<br />

144,452 2,530<br />

98,381 5,651<br />

109,852 1,248<br />

112,978 2,356<br />

81,117 2,370<br />

115,702 4,672<br />

139,728 1,<strong>31</strong>5<br />

113,168 17,894<br />

150,379 2,184<br />

84,115 119<br />

79,432 663<br />

95,973 339<br />

78,526 11,251<br />

118,739 5,970<br />

104,005 10,113<br />

133,183 1,515<br />

80,127 10,853<br />

79,492 1,188<br />

169,747 224<br />

476,050 60,454<br />

90,632 754<br />

93,294 4,054<br />

126,116 12,434<br />

156,248 4,5<strong>31</strong><br />

88,870 775<br />

100,501 5,110<br />

93,003 23,<strong>31</strong>8<br />

129,041<br />

86,043<br />

8,592<br />

203,335 3,208<br />

128,418 4,191<br />

80,459 12,058<br />

95,862 2,739<br />

148,060 3,732<br />

133,156 -196<br />

144,862 153<br />

76,893 1,190<br />

100,181 803<br />

81,848 3,336<br />

79,970 805<br />

92,559 1,401<br />

84,407 2,462<br />

96,817 9,056


Report ID: HYFIA001<br />

S Exter<br />

B Ezelyk<br />

RL Ezelyk<br />

P Ezinga<br />

DV Facey<br />

S Fac<strong>to</strong>r<br />

S Faisal<br />

C Fait<br />

MG Fait<br />

WR Fajber<br />

J Fan<br />

L Fane<br />

R Farbridge<br />

D Farrell<br />

GT Farrell<br />

B Fast<br />

I Fattah<br />

W Faulkner<br />

RT Favelle<br />

B Fawcett<br />

L Fedan<br />

S Feener<br />

G Fenwick<br />

G Fenwick<br />

MC Ferguson<br />

TE Ferolie<br />

A Ferreira<br />

MW Ferrier<br />

B Ferris<br />

PT Ficzycz<br />

D Filer<br />

CJ Fingler<br />

J Finley<br />

P Finnegan<br />

L Finskars<br />

DB Fisher<br />

F Fisher<br />

D Fladmark<br />

M Fleming<br />

P Flesher<br />

C Fleury<br />

D Flynn<br />

D Foglia<br />

J Foley<br />

C Folkestad<br />

J Fong<br />

D Fontaine<br />

R Fornasier<br />

S Forrest<br />

A Forrester<br />

M Forster<br />

B Foss<br />

D Fossa<br />

D Fossa<br />

S Foster<br />

R Foucault<br />

P Found<br />

SC Fowles<br />

D Fox<br />

J Fralick<br />

S Frame<br />

C France<br />

C Francis<br />

F Francis<br />

D Franklin<br />

T Franklin<br />

S Frenette<br />

G Fricker<br />

S Friedman<br />

H Friesen<br />

M Friesen<br />

HYDRO<br />

Statement of Remuneration paid <strong>to</strong> employees and Expenses paid<br />

Page No:<br />

5<br />

on behalf of employees during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong> Run Date:<br />

8/28/<strong>2007</strong><br />

Run Time: 10:41:04AM<br />

REMUNERATION EXPENSES REMUNERATION<br />

EXPENSES<br />

115,528 4,601<br />

120,209 11,255<br />

87,953 3,494<br />

125,018 1,550<br />

146,951<br />

76,340<br />

5,6<strong>31</strong><br />

81,863 621<br />

118,129 26,058<br />

108,812 37,896<br />

109,674<br />

79,655<br />

5,546<br />

87,797 977<br />

86,976 35<br />

355,528 15,414<br />

80,003 37<br />

117,230 3,730<br />

113,701 3,500<br />

120,238 9,406<br />

82,589 376<br />

97,689 15,3<strong>31</strong><br />

83,588 140<br />

79,198<br />

81,649<br />

4,067<br />

159,970 9,081<br />

96,777 10,506<br />

128,945 3,255<br />

113,345 3,538<br />

104,490 3,505<br />

101,012 287<br />

108,265 17,506<br />

97,838 5,569<br />

134,<strong>31</strong>3 627<br />

157,876 1,142<br />

119,430 25,308<br />

170,336 12,080<br />

110,823 6,611<br />

116,527 24,060<br />

96,852 7,202<br />

100,735 5,173<br />

78,127 50<br />

114,570 2,498<br />

139,411 3,421<br />

76,208 1,579<br />

78,353 5,691<br />

123,138<br />

123,467<br />

2,996<br />

103,088 8,412<br />

113,622 1,706<br />

140,993 7,206<br />

103,198 4,609<br />

127,240 5,667<br />

101,661 5,625<br />

118,700 12,208<br />

170,071 5,572<br />

112,288 13,917<br />

80,918 18<br />

100,484 9,957<br />

198,428 43,083<br />

130,<strong>31</strong>1 10,882<br />

102,058 6,794<br />

77,275 18,782<br />

104,540 38,440<br />

100,895 3,608<br />

123,233 1,998<br />

159,181 50,872<br />

168,183 15,488<br />

111,883 8,749<br />

122,597 2,153<br />

102,322 732<br />

75,235 25<br />

118,611 1,345<br />

H Friis-Jensen<br />

W Friml<br />

C Froud<br />

BM Fryer<br />

J Fuller<br />

MK Fulson<br />

C Ful<strong>to</strong>n<br />

D Ful<strong>to</strong>n<br />

K Ful<strong>to</strong>n<br />

RJ Funfer<br />

HJ Funk<br />

R Funk<br />

BP Fuoco<br />

M Futa<br />

S Fyfe<br />

P Gaffran<br />

C Gallagher<br />

G Gallagher<br />

DE Gallo<br />

D Galos<br />

A Gamage<br />

R Gammie<br />

R Garcia<br />

JE Gares<br />

C Gargantiel<br />

SJ Garner<br />

T Garrow<br />

SD Gaskin<br />

JF Gaspard<br />

D Gaudin<br />

Z Gauthier<br />

MA Gedig<br />

D Geisheimer<br />

A Geissler<br />

RG Gerbrandt<br />

V Gerlib<br />

T Gervais<br />

G Gerwin<br />

T Gessell<br />

A Ghitan<br />

W Gibson<br />

D Giesbrecht<br />

L Gifford<br />

B Gilbert<br />

LL Giles<br />

HS Gill<br />

NP Gillan<br />

D Gillanders<br />

A Gillies<br />

DW Gilmore<br />

J Gilraine<br />

AC Gimple<br />

J Gin<br />

A Girard<br />

M Girard<br />

C Gleeson<br />

B Glover<br />

BR Glowatski<br />

P Godsoe<br />

B Goehring<br />

S Goh<br />

R Goldberg<br />

E Goldsmith<br />

G Gonzales<br />

A Good<br />

K Gooden<br />

LW Goodey<br />

RS Goodman<br />

D Gordon<br />

M Gordon<br />

A Gosse<br />

100,909 287<br />

205,057 2,692<br />

124,228 21,149<br />

126,067 2,206<br />

120,173 3,180<br />

114,028 9,<strong>31</strong>4<br />

146,616 14,391<br />

84,906 1,<strong>31</strong>2<br />

111,420 3,253<br />

111,889 970<br />

118,662 889<br />

111,686 850<br />

121,501 11,011<br />

93,898 4,833<br />

144,911 16,596<br />

89,450 21,306<br />

84,666 1,455<br />

140,421 2,520<br />

91,428 1,987<br />

89,166 5,571<br />

184,057 29,284<br />

114,568 9,248<br />

79,756 60<br />

108,942<br />

78,679<br />

497<br />

127,427 2,975<br />

98,013 4,640<br />

114,730 2,616<br />

141,901 2,922<br />

100,006 3,548<br />

138,255 6,760<br />

122,076 4,653<br />

80,630 1,633<br />

150,441 2,467<br />

121,540 6,234<br />

122,234<br />

75,163<br />

18,889<br />

104,730 6,018<br />

104,927 20,330<br />

85,495 3,169<br />

99,921 11,416<br />

111,695 2,308<br />

85,954 1,196<br />

87,451 646<br />

80,992 7,102<br />

130,873 2,364<br />

118,361 20,579<br />

78,394<br />

152,278<br />

2,511<br />

91,871 10,786<br />

114,118 6,288<br />

80,620 333<br />

75,414 669<br />

100,735 23,581<br />

77,499 2,725<br />

80,720 507<br />

106,367<br />

122,648<br />

12,778<br />

1<strong>31</strong>,290 398<br />

160,741 10,802<br />

84,935 2,100<br />

124,326 16,648<br />

116,203 19,207<br />

97,047 1,541<br />

126,439 8,023<br />

109,776 30,309<br />

89,729 5,935<br />

130,712 3,497<br />

117,347 9,896<br />

110,770 14,<strong>31</strong>5<br />

121,145 419


Report ID: HYFIA001<br />

JV Gothard<br />

D Gould<br />

R Gowland<br />

P Grabowski<br />

PE Graham<br />

S Graham<br />

B Granstrom<br />

D Grant<br />

LM Grant<br />

L Grant<br />

R Grant<br />

D Graves<br />

W Greeley<br />

I Green<br />

K Green<br />

RL Green<br />

JC Greenwell<br />

MS Grewal<br />

D Griffiths<br />

D Grimes<br />

FR Grimm<br />

C Groenevelt<br />

L Groombridge<br />

R Groombridge<br />

R Grout<br />

C Groves<br />

KL Groves<br />

RC Groves<br />

A Grujic<br />

P Grundy<br />

J Gugins<br />

BD Guile<br />

D Guinan<br />

W Gunn<br />

D Gunson<br />

TB Gutwin<br />

S Gwilliam<br />

T Haaf<br />

M Haag<br />

E Haboly<br />

M Hackwell<br />

B Hadden<br />

GR Haddow<br />

P Hagel<br />

C Haizimsque<br />

MR Hajnrych<br />

DW Hale<br />

PJ Hale<br />

J Haley<br />

CC Hall<br />

R Hall<br />

G Hallaway<br />

G Halliday<br />

RN Hallinan<br />

D Hamagami<br />

H Hamberger<br />

WM Hambuechen<br />

R Hamel<br />

GR Hamer<br />

G Hamill<br />

S Hamil<strong>to</strong>n<br />

W Hamil<strong>to</strong>n<br />

H Hamil<strong>to</strong>n Harding<br />

DL Hamp<br />

R Handby<br />

R Handford<br />

K Hanlon<br />

V Hanson<br />

W Hanson<br />

S Harada<br />

DL Hardy<br />

HYDRO<br />

Statement of Remuneration paid <strong>to</strong> employees and Expenses paid<br />

Page No:<br />

6<br />

on behalf of employees during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong> Run Date:<br />

8/28/<strong>2007</strong><br />

Run Time: 10:41:04AM<br />

REMUNERATION EXPENSES REMUNERATION<br />

EXPENSES<br />

205,568 57,655<br />

93,961 80<br />

113,523 8,922<br />

88,791 2,570<br />

107,426 34,303<br />

96,674 1,075<br />

143,432 4,956<br />

87,145 1,733<br />

83,867 2,493<br />

81,501 228<br />

110,553 3,057<br />

81,578 230<br />

149,394 11,018<br />

112,698 9,567<br />

113,864 1,276<br />

122,855 3,260<br />

118,951 3,910<br />

83,601 20<br />

80,935 16,345<br />

120,360 4,285<br />

154,862 11,257<br />

122,202 6,275<br />

79,149 497<br />

97,467 146<br />

233,649 8,770<br />

98,504 4,455<br />

115,254 8,686<br />

140,791 18,715<br />

78,608 120<br />

100,828 12,309<br />

122,124 10,632<br />

106,471 7,455<br />

92,347 358<br />

220,371 8,788<br />

126,467 6,004<br />

107,067 1,939<br />

87,181 16,772<br />

111,470 2,230<br />

130,540 6,487<br />

125,716 1,367<br />

79,862 2,969<br />

76,351 2,320<br />

142,595 1,121<br />

159,283 13,245<br />

83,080 2,913<br />

160,046 11,046<br />

127,332 32<br />

104,725 3,783<br />

146,626 23,<strong>31</strong>1<br />

79,870 253<br />

76,028 667<br />

123,426 27,406<br />

98,108 2,362<br />

108,380 1,070<br />

86,618 150<br />

97,330 5,416<br />

88,229 2,324<br />

85,848 3,066<br />

107,685 14,051<br />

107,334 196<br />

103,487 763<br />

104,725 11,256<br />

93,960 1,962<br />

165,268 101,111<br />

119,361 3,019<br />

84,482 2,716<br />

110,738 94<br />

158,385 3,800<br />

96,113 19,436<br />

276,501 967<br />

153,610 467<br />

D Hare<br />

LE Harker<br />

E Harmati<br />

D Harper<br />

B Harrap<br />

P Harring<strong>to</strong>n<br />

A Harris<br />

S Harrison<br />

WG Hart<br />

D Hartford<br />

A Harvey<br />

B Harvey<br />

G Harvey<br />

K Harvey<br />

T Harvey<br />

LJ Harwood<br />

C Hastings<br />

M Has<strong>to</strong>n<br />

GR Hatala<br />

B Hatch<br />

JM Hatch<br />

C Hau<br />

F Hauzer<br />

RG Hawkins<br />

S Hawkins<br />

N Hawley<br />

R Hawryluk<br />

D Hayes<br />

I Hayes<br />

M Hayles<br />

D Head<br />

B Hebden<br />

TR Hedges<br />

GW Heenan<br />

T Heiman<br />

DW Hein<br />

P Heinrichs<br />

C Hels<strong>to</strong>n<br />

C Heminsley<br />

M Hemmingsen<br />

E Henderson<br />

G Henderson<br />

R Henderson<br />

R Henderson<br />

T Henderson<br />

J Heng<br />

J Hennig<br />

G Henriques<br />

R Hepple<br />

K Heppner<br />

WJ Herman<br />

R Hern<br />

JM Herring<strong>to</strong>n<br />

R Herter<br />

RE Herzog<br />

B Heslip<br />

J Heslop<br />

L Hewitt<br />

DJ Hicks<br />

GL Hiebert<br />

C Higgins<br />

P Higgins<br />

J Higham<br />

BG Hikichi<br />

LE Hildebrandt<br />

KH Hilger<br />

D Hill<br />

DR Hill<br />

E Hill<br />

M Hill<br />

M Hill<br />

90,417 255<br />

89,366<br />

83,460<br />

15,492<br />

86,936 5,493<br />

151,395 989<br />

128,236 50<br />

132,030 6,177<br />

95,094 23,060<br />

107,978 10,986<br />

142,863 110,215<br />

108,405 12,889<br />

100,919 3,981<br />

100,350 9,055<br />

124,533 4,099<br />

83,254 3,803<br />

88,965 2,760<br />

102,237 1,144<br />

101,374 298<br />

158,745 3,955<br />

110,171 29,600<br />

195,942 6,028<br />

138,677 141<br />

122,513 7,039<br />

96,654 640<br />

133,494 3,098<br />

127,595 11,445<br />

133,335 16,401<br />

109,973 10,528<br />

75,804 4,038<br />

100,483 8,983<br />

88,954 21,723<br />

130,<strong>31</strong>3 21,585<br />

98,825 18,749<br />

80,787 10,800<br />

82,919 2,910<br />

133,778 11,212<br />

159,630 19,227<br />

134,607 17,777<br />

228,644 3,030<br />

232,999 29,149<br />

124,409 4,073<br />

109,225 1,299<br />

104,110 2,835<br />

118,622 2,061<br />

124,364 10,785<br />

83,279 <strong>31</strong>7<br />

148,496 5,212<br />

156,340 13,002<br />

89,772 4,721<br />

110,912 16,688<br />

106,726 3,460<br />

76,888 1,070<br />

125,473 19,214<br />

95,641 1,874<br />

80,015 12,698<br />

98,125 5,437<br />

108,098 13,422<br />

102,989 4,191<br />

1<strong>31</strong>,013 200<br />

80,793 953<br />

141,520 61,962<br />

115,527 1,544<br />

80,337 7,657<br />

125,521 9,147<br />

206,741 5,947<br />

87,969 1,942<br />

81,034 1,976<br />

106,712 347<br />

110,<strong>31</strong>6 17,206<br />

78,904 1,033<br />

120,114 17,471


Report ID: HYFIA001<br />

R Hill<br />

RJ Hill<br />

DB Hills<br />

K Hirji<br />

B Hirschfield<br />

DS Hiscocks<br />

KC Ho<br />

L Hobenshield<br />

B Hobkirk<br />

S Hobson<br />

S Hoekstra<br />

K Hofer<br />

CF Hofferd<br />

B Hoffman<br />

EG Hohertz<br />

R Hohner<br />

D Holden<br />

C Holder<br />

D Holitzki<br />

R Holitzki<br />

F Holland<br />

H Holland<br />

IJ Holma<br />

A Holmgren<br />

DW Holmstrom<br />

A Holt<br />

B Holtby<br />

RB Homewood<br />

H Honda<br />

GS Honeyman<br />

W Hood<br />

J Horkoff<br />

N Horne<br />

GJ Hor<strong>to</strong>n<br />

JC Hor<strong>to</strong>n<br />

A Horvath<br />

K Hoskins<br />

J Hothi<br />

J Hougan<br />

E Howard<br />

J Howes<br />

M Howey<br />

E Howker<br />

M Hrad<br />

D Hruschak<br />

G Hsu<br />

G Htan<br />

J Hua<br />

GE Huang<br />

RA Huber<br />

B Hughes<br />

D Hughes<br />

D Hughes<br />

M Hughes<br />

PG Hughes<br />

RF Hughes<br />

BJ Hugo<br />

C Hui<br />

K Hui<br />

R Hui<br />

S Hui<br />

T Huitika<br />

T Hume<br />

S Humphreys<br />

RM Huntley<br />

J Hurst<br />

A Hussain<br />

L Husty<br />

M Husty<br />

E Hutchison<br />

RD Hutt<br />

HYDRO<br />

Statement of Remuneration paid <strong>to</strong> employees and Expenses paid<br />

Page No:<br />

7<br />

on behalf of employees during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong> Run Date:<br />

8/28/<strong>2007</strong><br />

Run Time: 10:41:04AM<br />

REMUNERATION EXPENSES REMUNERATION<br />

EXPENSES<br />

77,043 14,710<br />

102,091 1,974<br />

126,821 594<br />

142,723 5,174<br />

150,573 13,017<br />

98,604 915<br />

106,969 9,221<br />

105,680 7,549<br />

142,282 6<br />

152,768 8,071<br />

149,845 13,537<br />

93,200 770<br />

83,359 4,012<br />

93,555 10,086<br />

104,465 1,368<br />

109,841 1,712<br />

126,506 6,150<br />

127,202 5,370<br />

196,257 8,422<br />

138,037 4,796<br />

96,162 24,158<br />

75,235 60<br />

77,191 5,437<br />

125,752 4,093<br />

78,509 2,205<br />

141,627 3,268<br />

103,806 5,856<br />

118,075 7,929<br />

116,494 3,528<br />

83,940 1,464<br />

115,219 9,723<br />

119,001 34,392<br />

82,895 2,748<br />

90,889 11,526<br />

88,922 2,537<br />

128,527 22,301<br />

97,364 745<br />

130,894 11,846<br />

121,375 19,780<br />

88,777 16,408<br />

123,530 9,176<br />

83,673 4<strong>31</strong><br />

121,694 7,114<br />

188,292 35,056<br />

82,596 3,361<br />

118,699 13<br />

98,953 650<br />

98,379 15<br />

146,755 665<br />

130,595 20,868<br />

81,529 21,723<br />

173,885 6,321<br />

142,776 2,249<br />

142,306 16,762<br />

94,368 45<br />

113,385 15,841<br />

113,9<strong>31</strong> 2,686<br />

141,071 1,814<br />

93,127 2,006<br />

104,395 925<br />

363,469 44,300<br />

89,995 30,272<br />

83,479 8,202<br />

133,272 12,693<br />

83,627 528<br />

79,072 23,412<br />

121,456 4,550<br />

103,895 2,062<br />

119,661 6,108<br />

151,393 14,945<br />

87,193 2,221<br />

C Iamonaco-Dagg<br />

B Ihlen<br />

G Ilic<br />

B Imler<br />

DB Ince<br />

R Infanti<br />

S Ingram<br />

C Intihar<br />

H Iosfin<br />

J Iosfin<br />

R Iredale<br />

S Ireland<br />

JR Irvine<br />

KD Irwin<br />

J Isaacson<br />

D Isberg<br />

M Iseli<br />

S Iseli<br />

R Jack<br />

R Jack<br />

F Jackson<br />

R Jackson<br />

S Jackson<br />

A Jacob<br />

B Jakumeit<br />

C James<br />

F James<br />

B Jane<br />

NA Janes<br />

G Jang<br />

S Jang<br />

A Janmohamed<br />

RA Janzen<br />

G Jarl<br />

M Jasek<br />

G Jasicek<br />

RF Jay<br />

CJ Jeans<br />

R Jeffries<br />

W Jenneson<br />

S Jens<br />

DW Jensen<br />

EW Jensen<br />

T Jensen<br />

Z Jiao<br />

R Jivraj<br />

EM Jobe<br />

WG Joe<br />

M Johal<br />

J Johanson<br />

B Johnson<br />

DC Johnson<br />

R Johnson<br />

EA Johns<strong>to</strong>n<br />

W Johns<strong>to</strong>n<br />

S Jones<br />

SM Jones<br />

L Joseph<br />

S Joyce<br />

J Joyner<br />

D Jung<br />

T Jurbin<br />

F Kaempffer<br />

DM Kahl<br />

W Kaiser<br />

M Kammerle<br />

J Kapalka<br />

R Kapoor<br />

M Kariya<br />

R Kariz<br />

B Karpinski<br />

100,157 8,859<br />

95,967 8,720<br />

130,729 8,940<br />

80,488 2,148<br />

148,595 4,785<br />

99,486 3,529<br />

133,349 8,924<br />

101,760 3,761<br />

156,486 17,383<br />

135,756 5,989<br />

130,027 8,999<br />

89,840 4,999<br />

171,929 10,395<br />

98,762 2,734<br />

144,652 289<br />

91,943 11,498<br />

85,336 13,672<br />

99,058 1,672<br />

76,691 918<br />

1<strong>31</strong>,339 11,449<br />

116,872 3,034<br />

85,358 2,226<br />

116,579 2,815<br />

104,011 140<br />

98,746 458<br />

121,205 14<br />

122,072 5,144<br />

160,511 5,619<br />

80,108 12<br />

79,320 1,470<br />

108,228 6,901<br />

78,788 733<br />

101,868 772<br />

121,203 7,220<br />

104,766 12,530<br />

96,337 18,844<br />

83,595 1,608<br />

75,935 6,958<br />

77,181 50<br />

75,533 4,881<br />

134,376 13,143<br />

80,208 1,269<br />

1<strong>31</strong>,672 5,943<br />

139,456 30,421<br />

96,210 2,056<br />

115,979 1,126<br />

80,593<br />

134,666<br />

1,874<br />

106,4<strong>31</strong> 3,557<br />

85,443 1,578<br />

142,158 24,657<br />

101,427 25,121<br />

90,593 1,083<br />

96,077 7,196<br />

83,429 1,326<br />

124,378 3,854<br />

148,089 2,543<br />

76,679 12,876<br />

81,102 135<br />

105,636 18,763<br />

127,716 1,465<br />

92,341 9,183<br />

119,742 8,067<br />

136,067 5,4<strong>31</strong><br />

83,445 15,346<br />

102,228 1,<strong>31</strong>9<br />

138,348 3,413<br />

113,104 74<br />

85,811 296<br />

94,640 15,583<br />

108,422 4,891


Report ID: HYFIA001<br />

F Kasiri<br />

W Kassam<br />

F Katunar<br />

RA Kawasaki<br />

DW Kay<br />

GA Kay<br />

F Keats<br />

WW Keeler<br />

JD Keen<br />

D Keir<br />

G Keir<br />

MR Keith<br />

BD Keller<br />

T Kelley<br />

M Kelln<br />

D Kelly<br />

J Kelly<br />

RM Kelly<br />

M Kelvin<br />

R Kempf<br />

CL Kenney<br />

K Ketchum<br />

R Keys<br />

M Khan<br />

H Khosravi<br />

K Kidd<br />

LD Kidd<br />

T Kikkert<br />

T Kile<br />

R Kilian<br />

B Killackey<br />

B Kilvert<br />

AN Kimber<br />

DR King<br />

G King<br />

M King<br />

A Kinnunen<br />

I Kirincic<br />

D Kirkwood<br />

T Kisby<br />

E Kiudorf<br />

LW Klick<br />

R Kline<br />

E Klusiewich<br />

D Knackstedt<br />

MJ Knapp<br />

L Knight<br />

B Knoke<br />

J Knoll<br />

D Knudsen<br />

K Knudson<br />

CH Kober<br />

W Kobetitch<br />

P Kobzar<br />

M Koehl<br />

T Koehn<br />

K Koelling<br />

AG Koenig<br />

J Kohut<br />

T Kojima<br />

P Kokol<br />

G Kong<br />

B Konkin<br />

J Koopmans<br />

P Korner<br />

C Kosolowsky<br />

D Kotaras<br />

L Kovacs<br />

CA Kowak<br />

G Koyanagi<br />

B Kozak<br />

HYDRO<br />

Statement of Remuneration paid <strong>to</strong> employees and Expenses paid<br />

Page No:<br />

8<br />

on behalf of employees during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong> Run Date:<br />

8/28/<strong>2007</strong><br />

Run Time: 10:41:04AM<br />

REMUNERATION EXPENSES REMUNERATION<br />

EXPENSES<br />

123,474 2,824<br />

143,074 951<br />

89,811 444<br />

91,632 1,327<br />

98,406 2,491<br />

83,964 1,620<br />

1<strong>31</strong>,506 4,219<br />

102,052 2,176<br />

82,875 240<br />

120,825 23,095<br />

135,629 8,414<br />

143,082 7,342<br />

167,635 14,359<br />

121,193 30,237<br />

81,929 6,079<br />

116,261 12,412<br />

151,773 13,000<br />

94,498<br />

88,782<br />

25,828<br />

154,493 7,432<br />

100,589 1,721<br />

166,419 17,957<br />

83,347 8,099<br />

89,782 8,210<br />

97,322 12<br />

87,347 8,948<br />

172,993 5,476<br />

111,465 4,349<br />

94,928 3,322<br />

126,618 2,170<br />

140,122 3,168<br />

116,467 13,645<br />

82,007 3,964<br />

122,858 978<br />

81,028 16,135<br />

76,813 4,685<br />

97,367 1,251<br />

166,779 1,937<br />

75,861 50<br />

88,864 1,353<br />

140,061 1,273<br />

77,588<br />

76,553<br />

2,089<br />

108,493 12,024<br />

95,808 6,556<br />

122,136 1,397<br />

76,125 9,251<br />

123,152 12,736<br />

82,799 6,863<br />

98,104 16,435<br />

89,827 9,115<br />

136,954 3,658<br />

94,003 2,615<br />

178,866 19,795<br />

117,967 17,744<br />

156,299<br />

78,882<br />

29,572<br />

86,284 1,974<br />

111,779 5,640<br />

155,033<br />

76,326<br />

5,606<br />

110,883 3,294<br />

145,016 5,422<br />

85,814 9,339<br />

90,030 38,605<br />

112,846 5,270<br />

134,895 15,266<br />

88,014 20,321<br />

177,653 4,146<br />

163,616 1,032<br />

95,178 230<br />

I Kozicky<br />

M Kozina<br />

M Krafczyk<br />

M Krafczyk<br />

K Kraft<br />

F Kramer<br />

P Kramer<br />

J Krebs<br />

K Kreye<br />

JC Kris<strong>to</strong>fferson<br />

M Kroeker<br />

SF Kronebusch<br />

DJ Kruger<br />

D Krys<br />

CL Kucharski<br />

A Kumar<br />

R Kurschner<br />

D Kusnierczyk<br />

R Kuthar<br />

V Kwallek<br />

HM Kwan<br />

C Kwan-Chu<br />

A Kwong<br />

TW Kwong<br />

G La France<br />

N Labadie<br />

J Labelle<br />

R Lacheur<br />

D Lachuk<br />

R Lacoski<br />

KJ Ladyka<br />

A Lagnado<br />

WG Laible<br />

K Laidlaw<br />

R Laidlaw<br />

K Lai-Thom<br />

AW Lam<br />

A Lam<br />

M Lam<br />

T Lam<br />

D LaMarre<br />

LG Lamarre<br />

GD Lambe<br />

C Lamont<br />

S Lancashire<br />

M Land<br />

BR Lane<br />

JG Lang<br />

S Lang<br />

D Lange<br />

DL Lange<br />

A Langs<strong>to</strong>n<br />

R Lansink<br />

B LaPointe<br />

M Lapointe<br />

RL Lapointe<br />

JE Lardizabal<br />

A Lariviere<br />

DG Larsen<br />

I Larsen<br />

J Lastavec<br />

K Lau<br />

K Lau<br />

WN Lau<br />

M Laudan<br />

S Laurila<br />

D Lavigne<br />

B Lavrinoff<br />

J Law<br />

CA Lawrence<br />

M Lawrence<br />

83,644<br />

80,946<br />

19,910<br />

110,835 -20,135<br />

162,241 1,651<br />

117,937 8,895<br />

93,734 887<br />

1<strong>31</strong>,672 4,272<br />

83,013 6,408<br />

113,612 14,800<br />

83,518 1,893<br />

166,380 12,727<br />

210,875 20,096<br />

91,135 7,388<br />

96,976 2,723<br />

136,782 889<br />

106,345 4,016<br />

164,608 8,092<br />

178,257 16,943<br />

76,419 936<br />

116,051 4,009<br />

117,288 2,758<br />

105,961 2,095<br />

125,264 4,092<br />

103,290 179<br />

85,709 21,414<br />

137,682 29,225<br />

98,305 18,010<br />

100,809 4,024<br />

134,162 8,671<br />

156,978 3,166<br />

106,801 4,819<br />

103,928 2,573<br />

136,222 2,390<br />

88,884 7,081<br />

101,201 5,559<br />

75,190 3,848<br />

148,339 12,708<br />

102,759 2,655<br />

80,845 5,643<br />

98,679 124<br />

94,456 55,426<br />

167,044 18,773<br />

87,693 3,951<br />

97,756 2,043<br />

94,185 11,939<br />

80,948 1,772<br />

98,601 1,245<br />

109,391 2,824<br />

113,019 9,306<br />

172,157 3,112<br />

93,616 5,560<br />

83,073 10,459<br />

76,333 175<br />

77,810 7,649<br />

104,413 15,180<br />

95,668<br />

76,724<br />

7,553<br />

112,921 7,907<br />

94,050<br />

79,101<br />

2,449<br />

86,234 18,737<br />

209,752 18,481<br />

134,091 7,095<br />

104,908 4,940<br />

87,204 1,225<br />

105,799 2,856<br />

106,953 1,680<br />

95,692 3,516<br />

80,285 5,461<br />

89,504 2,654<br />

116,619 5,980


Report ID: HYFIA001<br />

G Lawson<br />

V Le<br />

T Le Couteur<br />

J Le Lievre<br />

K Leach<br />

A Leake<br />

H Leake<br />

D Lebeter<br />

J Lecours<br />

W Ledger<br />

AM Lee<br />

C Lee<br />

DP Lee<br />

H Lee<br />

K Lee<br />

PC Lee<br />

R Lee<br />

S Lee<br />

S Lee<br />

S Lee<br />

T Lee<br />

VF Lee<br />

WL Lee<br />

WB Lee<br />

J Leeder<br />

R Lehmann<br />

D Leier<br />

L Leinbach<br />

DA Leiske<br />

L Lemaire-Smith<br />

M Leng<br />

H Lennox<br />

KJ Leon<br />

A Leonard<br />

A Leonard<br />

D Leong<br />

JK Leong<br />

K Leonhardt<br />

T Lesiuk<br />

JS Leslie<br />

NE Leslie<br />

C Leung<br />

E Leung<br />

OK Leung<br />

R Leveridge<br />

D Levesque<br />

PB Lew<br />

V Lewynsky<br />

C Lezetc<br />

C Li<br />

C Li<br />

S Li<br />

W Li<br />

V Libera<strong>to</strong>re<br />

N Liddell<br />

R Lids<strong>to</strong>ne<br />

S Lids<strong>to</strong>ne<br />

F Liebich<br />

E Liedke<br />

T Lim<br />

K Lim-Kong<br />

F Lin<br />

R Lincoln<br />

D Lind<br />

M Lindsay<br />

T Ling<br />

A Lintunen<br />

B Lipscombe<br />

C Little<br />

TE Little<br />

WJ Littlejohn<br />

HYDRO<br />

Statement of Remuneration paid <strong>to</strong> employees and Expenses paid<br />

Page No:<br />

9<br />

on behalf of employees during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong> Run Date:<br />

8/28/<strong>2007</strong><br />

Run Time: 10:41:04AM<br />

REMUNERATION EXPENSES REMUNERATION<br />

EXPENSES<br />

88,188 492<br />

102,871 127<br />

114,821 28,970<br />

125,968 2,289<br />

142,896 716<br />

83,335 6,301<br />

100,0<strong>31</strong> 6,998<br />

223,961 25,042<br />

96,919 9,137<br />

112,007 29,505<br />

125,768 340<br />

134,278 1,213<br />

87,798 659<br />

109,243 212<br />

95,439 1,119<br />

93,752 2,907<br />

82,792 12,216<br />

80,972 468<br />

105,644 1,450<br />

112,837 13,064<br />

81,320 3,911<br />

139,053 18,399<br />

98,917 791<br />

95,349 6,253<br />

78,950 1,201<br />

174,886 7,825<br />

105,303 1,933<br />

84,193 544<br />

154,093 3,865<br />

89,577 857<br />

97,438 852<br />

150,968 60,926<br />

109,355 1,697<br />

164,007 16,575<br />

118,298<br />

75,471<br />

16,612<br />

115,2<strong>31</strong> 1,841<br />

82,582 608<br />

102,568 17,673<br />

77,639 220<br />

86,228 3,195<br />

77,063 300<br />

159,582 1,908<br />

116,723 6,815<br />

78,221 6,095<br />

136,045 1,692<br />

79,689 3,263<br />

115,477<br />

91,161<br />

40,279<br />

93,957 404<br />

134,049 202<br />

102,394<br />

207,080<br />

11,372<br />

90,824 3,472<br />

113,789 3,818<br />

152,153 45,278<br />

78,029 1,156<br />

116,503 469<br />

100,439 2,396<br />

96,727 1,338<br />

78,428 1,160<br />

134,059 1,571<br />

80,386 1,121<br />

124,620 8,574<br />

75,824 150<br />

94,972 1,443<br />

161,516 21,653<br />

105,063 1,097<br />

78,981 811<br />

174,557 3,199<br />

123,744 391<br />

JC Liu<br />

K Liu<br />

RC Liu<br />

GB Livesey<br />

H Lober<br />

D Lockhart<br />

BW Loewen<br />

A Loewie<br />

B Logan<br />

J Loh<br />

T Lollar<br />

J Lomax<br />

J London<br />

J Longley<br />

G Longworth<br />

J Lord<br />

B Loseth<br />

D Lotina<br />

GB Lott<br />

H Louie<br />

P Louko<br />

V Lovric<br />

M Low<br />

SA Lower<br />

G Loxam<br />

P Lu<br />

W Luan<br />

LM Luchinski<br />

Y Lue-Kim<br />

D Luis<br />

HH Luk<br />

DP Lukoni<br />

M Lukoni<br />

D Lukose<br />

KY Lum<br />

DW Luney<br />

C Lunn<br />

W Luo<br />

D Lussier<br />

B Lutz<br />

CD Lynch<br />

CM Ma<br />

E Ma<br />

D MacAree<br />

F Macario<br />

R MacArthur<br />

A MacDonald<br />

A MacDonald<br />

G Macdonald<br />

J Macdonald<br />

SB Macdonald<br />

W MacFarlane<br />

D MacGillivray<br />

L MacGregor<br />

R MacGregor<br />

B Macinnis<br />

J MacIsaac<br />

K Mackenzie<br />

B Mackinnon<br />

I Maclean<br />

K Maclean<br />

L MacLean<br />

WD MacMillan<br />

GA MacPhail<br />

C MacPheat<br />

A MacPherson<br />

K MacPherson<br />

R MacRae<br />

EA MacRitchie<br />

M Madsen<br />

P Magdanz<br />

88,465<br />

109,686 1,775<br />

133,244 17,468<br />

90,340 455<br />

76,982 4,842<br />

119,494 2,627<br />

156,972 44,687<br />

111,468 93<br />

97,026 7,919<br />

148,390 8,052<br />

100,712 10,856<br />

77,913 704<br />

155,549<br />

138,344<br />

27,885<br />

81,135 5,134<br />

75,047 2,1<strong>31</strong><br />

162,086 3,135<br />

81,008 1,822<br />

87,240 4,258<br />

129,300 1,439<br />

77,985 3,219<br />

80,128 3,935<br />

97,611 37,2<strong>31</strong><br />

88,913 476<br />

138,193 3,437<br />

103,971 6,783<br />

86,270 7,964<br />

116,682 5,375<br />

81,114 1,838<br />

85,807 11,245<br />

153,610 9,995<br />

115,812 15,193<br />

100,466 2,106<br />

80,047 300<br />

155,747 559<br />

169,673 7,841<br />

99,668 3,384<br />

109,826 171<br />

132,817 13,161<br />

98,865 9,576<br />

87,071 4,986<br />

145,756 8,677<br />

75,212 1,954<br />

76,865 1,893<br />

102,261 3,443<br />

125,408<br />

78,526<br />

4,409<br />

80,975 19,225<br />

143,439 2,362<br />

80,613 3<br />

97,216 1,698<br />

122,114 19,007<br />

243,6<strong>31</strong> 10,943<br />

84,805 2,897<br />

90,946 380<br />

109,759 11,676<br />

132,533 351<br />

146,113 75,922<br />

75,167 1,338<br />

158,114 182<br />

95,972 19,490<br />

78,649 18,336<br />

147,177 1,630<br />

97,263 724<br />

124,882 24,916<br />

96,005 1,838<br />

83,373 3,378<br />

126,905 2,136<br />

77,147 982<br />

137,708 1,026<br />

110,428 5,174


Report ID: HYFIA001<br />

D Mah<br />

E Mah<br />

LM Mah<br />

TK Mah<br />

A Mahay<br />

J Maher<br />

E Mainprize<br />

J Mair<br />

N Majdanac<br />

<strong>BC</strong> Mak<br />

R Malcolm<br />

Z Maletic<br />

NC Malubag<br />

P Mancor<br />

A Mandair<br />

D <strong>March</strong><br />

RB Marini<br />

J Markowsky<br />

T Marlowe<br />

C Marsh<br />

R Marsh<br />

G Marshall<br />

N Marshall<br />

R Marshall<br />

RS Marshall<br />

WD Martell<br />

D Martin<br />

D Martin<br />

TG Martinich<br />

M Maser<br />

B Mason<br />

B Masse<br />

B Masse<br />

R Masse<br />

A Massey<br />

R Mastromonaco<br />

C Matheson<br />

DW Matheson<br />

G Mathews<br />

P Mathot<br />

D Matterson<br />

H Matthews<br />

JG Matthews<br />

S Matthews<br />

KJ Maxwell<br />

R Maxwell<br />

R May<br />

A Mayer<br />

D Mayer<br />

K Mayert<br />

S Mayfield<br />

D Mazur<br />

C McAs<strong>to</strong>cker<br />

G McAulay<br />

N McCallum<br />

P McCann<br />

J McClean<br />

LA McClelland<br />

D McCollor<br />

C McComb<br />

K McCormick<br />

B McCoy<br />

G McCutcheon<br />

J McDewar<br />

BK McDonald<br />

K McDonald<br />

RD McDougall<br />

R McDougall<br />

DB McEachern<br />

EF McEwen<br />

M McGough<br />

HYDRO<br />

Statement of Remuneration paid <strong>to</strong> employees and Expenses paid<br />

Page No:<br />

10<br />

on behalf of employees during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong> Run Date:<br />

8/28/<strong>2007</strong><br />

Run Time: 10:41:04AM<br />

REMUNERATION EXPENSES REMUNERATION<br />

EXPENSES<br />

87,984 518<br />

101,611<br />

84,640<br />

2,027<br />

110,876 2,562<br />

80,583 185<br />

108,601 6,067<br />

96,491 16,839<br />

80,617 11,914<br />

112,755 6,844<br />

136,402 2,182<br />

118,941 3,792<br />

84,908 844<br />

87,381 8,501<br />

76,861 14,986<br />

80,277 8,629<br />

134,159 1,356<br />

114,156 5,019<br />

92,144 16,990<br />

78,699 142<br />

78,064 3,528<br />

77,593 814<br />

91,173 383<br />

116,938 27,605<br />

136,723 10,376<br />

105,616 13,614<br />

152,212 63,168<br />

86,802 2,554<br />

83,520 17,106<br />

112,690 6,037<br />

97,743 7,687<br />

147,063 5,414<br />

90,015 6,088<br />

102,249 2,208<br />

153,651 3,178<br />

102,085 7,050<br />

122,958 3,981<br />

159,085 15,392<br />

78,470 140<br />

78,769 1,180<br />

116,112 3,142<br />

106,806 7,<strong>31</strong>6<br />

114,922 1,853<br />

75,<strong>31</strong>3<br />

90,000<br />

2,452<br />

75,789 3,402<br />

75,005 354<br />

132,766 805<br />

88,013 2,272<br />

83,689 6,866<br />

80,656 7,471<br />

84,491 1,484<br />

79,499 208<br />

111,945 11,946<br />

80,633 3,250<br />

87,291 428<br />

94,390 100<br />

83,754 6,004<br />

146,184 1,680<br />

91,533 2,425<br />

107,963 954<br />

247,241 1,612<br />

97,714 159<br />

88,367 1,329<br />

88,387 2,334<br />

110,812 13,976<br />

162,198 17,248<br />

110,377 7,227<br />

83,883 2,437<br />

106,187 8,259<br />

86,209 4,770<br />

121,269 2,893<br />

F McGowan<br />

F McGowan<br />

K McGregor<br />

K McInnes<br />

LS McIntyre<br />

DW McIver<br />

W McKay<br />

J McKendry<br />

M McKenna<br />

BK McKenzie<br />

B McKenzie<br />

K McKenzie<br />

K McKillop<br />

GJ McKinnon<br />

D McLatchie<br />

TM McLay<br />

A McLean<br />

K McLean<br />

S McLean<br />

DW McLennan<br />

M McLennan<br />

TJ McLennan<br />

V McLennan<br />

G McLeod<br />

L McMahon<br />

M McMahon<br />

JD McMinn<br />

M McMinn<br />

M McMinn<br />

T McMinn<br />

KW McNab<br />

K McNabb<br />

J McNaugh<strong>to</strong>n<br />

C McPherson<br />

D McPherson<br />

NH McPhie<br />

R McPhie<br />

D McRae<br />

RJ McRae<br />

T McSorley<br />

B McStay<br />

G McTaggart<br />

MR McWilliams<br />

D Meashaw<br />

B Meger<br />

D Mehain<br />

K Meidal<br />

GF Meilicke<br />

D Melchior<br />

J Mellis<br />

DN Mengering<br />

S Mercer<br />

C Mercereau<br />

R Meredith<br />

B Merkley<br />

AP Mertens<br />

C Messer<br />

FC Metcalfe<br />

J Metcalfe<br />

R Mexter<br />

LS Meyer<br />

F Micholuk<br />

Z Micovic<br />

K Middle<strong>to</strong>n<br />

R Middle<strong>to</strong>n<br />

J Miedema<br />

J Miki<br />

WL Millar<br />

J Millard<br />

B Miller<br />

B Miller<br />

80,271<br />

85,179 6,083<br />

89,664 2,778<br />

169,301 18,488<br />

85,202 744<br />

75,946 1,874<br />

252,302 14,417<br />

89,959 12,855<br />

110,976 7,252<br />

95,140 365<br />

120,163 10,630<br />

122,978 6,374<br />

138,353 11,489<br />

99,962 2,009<br />

99,481 483<br />

89,186 15,459<br />

125,922 6,141<br />

105,675 12,822<br />

104,018 19,661<br />

156,948 69,305<br />

143,175 44,750<br />

117,725 999<br />

88,830 2,340<br />

1<strong>31</strong>,895 1,844<br />

84,278 3,887<br />

135,320 11,071<br />

76,771 12,<strong>31</strong>2<br />

180,166 28,399<br />

113,660 5,404<br />

115,457 8,012<br />

99,223 6,594<br />

147,118 1,478<br />

105,391 630<br />

92,146 1,766<br />

80,685 15,876<br />

79,250 8,122<br />

89,409 378<br />

91,382 7<strong>31</strong><br />

97,269 2,701<br />

86,998 67<br />

95,952 9,429<br />

104,646 9,259<br />

79,142 7,123<br />

100,978 5,406<br />

105,076 44,299<br />

94,629 1,979<br />

100,095 1,305<br />

109,913 7,215<br />

164,466 2,529<br />

109,811 2,138<br />

107,599 12,366<br />

75,141 11,414<br />

96,<strong>31</strong>9 6,192<br />

104,525 4,345<br />

119,351 1,651<br />

80,698 1,180<br />

92,291 6,655<br />

265,716<br />

88,6<strong>31</strong><br />

1,625<br />

84,333 9,772<br />

113,791 217<br />

155,227 29,036<br />

105,016 2,794<br />

78,116 5,423<br />

126,552 15,491<br />

90,874 692<br />

81,728 11,530<br />

133,967 1,664<br />

133,543 471<br />

93,914 4<strong>31</strong><br />

132,304 13,236


Report ID: HYFIA001<br />

DP Miller<br />

L Miller<br />

S Miller<br />

T Miller<br />

B Milne<br />

R Milone<br />

B Misewich<br />

P Misko<br />

SL Mistal<br />

D Mitchell<br />

JL Mitchell<br />

P Mitchell<br />

C Mitha<br />

K Miyazaki<br />

B Mockford<br />

B Mohammady<br />

S Moir<br />

J Mojelski<br />

A Mol<br />

D Moleschi<br />

K Moller-Hansen<br />

T Molstad<br />

C Moniz de Sa<br />

J Monk<br />

R Monk<br />

R Monk<br />

B Montgomery<br />

J Montgomery<br />

V Moo<br />

T Mooney<br />

J Moore<br />

R Moore<br />

T Moran<br />

H Morency<br />

E Moreno<br />

A Morris<br />

PD Morris<br />

S Morris<br />

A Morrison<br />

G Morrison<br />

G Morrison<br />

H Morrison<br />

PE Morrison<br />

S Morrison<br />

WG Morrow<br />

W Morse<br />

R Mor<strong>to</strong>n<br />

L Mott<br />

D Mounsey<br />

A Mousa<br />

I Moxon<br />

P Muir<br />

P Mukerjee<br />

G Mukkavilli<br />

C Muller<br />

A Mullin<br />

A Mullin<br />

D Mumford<br />

C Munro<br />

F Munro<br />

K Munro<br />

G Munroe<br />

A Murao<br />

TR Murphy<br />

WP Murphy<br />

GL Murray<br />

R Myram<br />

GC Myre<br />

M Nagpal<br />

J Naisby<br />

G Nash<br />

HYDRO<br />

Statement of Remuneration paid <strong>to</strong> employees and Expenses paid<br />

Page No:<br />

11<br />

on behalf of employees during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong> Run Date:<br />

8/28/<strong>2007</strong><br />

Run Time: 10:41:04AM<br />

REMUNERATION EXPENSES REMUNERATION<br />

EXPENSES<br />

140,598 3,407<br />

116,156 33,085<br />

105,097 1,913<br />

92,446 967<br />

142,033 438<br />

161,391 3,498<br />

170,815<br />

114,073<br />

5,147<br />

85,508 822<br />

105,370 6,833<br />

88,714 7,290<br />

107,117 6,140<br />

130,763 4,187<br />

118,585 2,080<br />

91,242 9,088<br />

80,590 2,613<br />

121,998 8,665<br />

77,377 12,276<br />

138,265 1,363<br />

86,524 638<br />

78,803 1,221<br />

194,111 8,<strong>31</strong>5<br />

81,263 740<br />

80,568 6,147<br />

165,000 11,189<br />

121,346 3,482<br />

87,8<strong>31</strong> 1,626<br />

156,329 22,449<br />

126,242 2,116<br />

82,736 200<br />

91,742 1,713<br />

105,285 17,536<br />

100,4<strong>31</strong> 1,797<br />

108,551 46<br />

121,986 3,647<br />

219,397 5,958<br />

98,427 788<br />

110,215 2,969<br />

114,442 9,045<br />

116,836 1,386<br />

80,629 206<br />

119,548 18,617<br />

106,952 1,171<br />

121,205<br />

96,885<br />

3,122<br />

93,825 8,186<br />

90,122 579<br />

84,138 2,592<br />

83,269 13,929<br />

134,380 3,151<br />

188,565 11,840<br />

83,376 53<br />

98,519 2,755<br />

112,087 153<br />

89,703 17,252<br />

89,369 1,368<br />

127,873 20,262<br />

97,021 50<br />

105,305 20,379<br />

88,740 1,052<br />

93,426 2,058<br />

100,094 1,593<br />

128,665 1,512<br />

84,345 3,476<br />

107,918 6,089<br />

120,985 16,210<br />

79,556 17,604<br />

108,005 100<br />

146,041 5,448<br />

128,574 10,361<br />

103,583 4,069<br />

RE Nash<br />

B Neal<br />

T Neary<br />

D Neighbour<br />

G Neis<br />

D Nelson<br />

HE Nelson<br />

J Nelson<br />

NR Nelson<br />

R Nelson<br />

RE Nelson<br />

Z Nemethy<br />

LD Nettle<strong>to</strong>n<br />

D Neubeck<br />

W Neuberg<br />

GC Nevills<br />

J Newell<br />

B Newson<br />

G Newson<br />

S Nezil<br />

T Nezil<br />

PH Ng<br />

PC Ng<br />

K Nguyen<br />

T Nguyen<br />

G Nichele<br />

LD Nichol<br />

L Niedjalski<br />

G Nielsen<br />

T Nielson<br />

M Nijjar<br />

B Nipp<br />

S Nishi<br />

M Nishimo<strong>to</strong><br />

M Niver<br />

DJ Nixon<br />

R Nixon<br />

S Noble<br />

DJ Nolin<br />

J Norcross<br />

A Norris<br />

D Norris<br />

TJ Norris<br />

RR North<br />

P Northcott<br />

R Norum<br />

T Nugent<br />

W Nustad<br />

C Nyrose<br />

BP Oakley<br />

DJ O'Connor<br />

D O'Ferrall<br />

JM O'Grady<br />

C O'Krane<br />

D Olan<br />

G O'Laney<br />

J O'Laney<br />

T O'Laney<br />

P Olenick<br />

JT Oliver<br />

HL Olson<br />

N Olson<br />

O Olund<br />

T Olynyk<br />

D O'Neill<br />

Y Onifade<br />

LA Opatril<br />

K Orbeck<br />

K Orchard<br />

C O'Riley<br />

BE Orr<br />

90,687 7,283<br />

75,181 5,593<br />

161,193 27,390<br />

107,888 24,692<br />

98,152 887<br />

146,571 7,273<br />

153,345 5,568<br />

143,583 3,110<br />

127,566 3,402<br />

127,100 205<br />

156,170 2,580<br />

137,983 3,822<br />

161,936 1,270<br />

86,738 21,207<br />

117,886 2,042<br />

115,195 379<br />

117,758 1,874<br />

81,117 387<br />

83,578 956<br />

115,843 2,902<br />

108,606 4,8<strong>31</strong><br />

91,<strong>31</strong>5 1,822<br />

83,876 155<br />

183,442 2,625<br />

77,173 109<br />

101,892 3,957<br />

207,189 -1,903<br />

100,902 11,162<br />

107,825 20,949<br />

86,601 180<br />

88,021 265<br />

104,041 850<br />

112,003 174<br />

95,368 257<br />

75,807 1,044<br />

114,464 9,077<br />

161,030 26,788<br />

78,228 269<br />

81,827 30<br />

94,143 63,098<br />

76,017 7,224<br />

79,166 9,880<br />

90,209 14,187<br />

112,309 9,512<br />

1<strong>31</strong>,099 6,344<br />

91,846 4,020<br />

81,586 12,493<br />

105,941 2,414<br />

100,386 17,127<br />

101,569 2,272<br />

108,417 992<br />

109,478 3,011<br />

127,058 7,852<br />

77,307 1,065<br />

103,774 9,185<br />

126,387 3,493<br />

144,189 4,939<br />

120,689 28,901<br />

99,775 6,419<br />

102,875 7,166<br />

90,229 216<br />

101,489 4,725<br />

76,781 564<br />

118,3<strong>31</strong> 7,152<br />

102,496 713<br />

122,212 4,971<br />

84,<strong>31</strong>4 467<br />

84,917 29,083<br />

103,<strong>31</strong>8 9,309<br />

281,855 14,260<br />

137,624 2,694


Report ID: HYFIA001<br />

V Orr<br />

AH Osborne<br />

V Ossipchuk<br />

L Ouellet<br />

AL Owen<br />

D Owen<br />

R Owens<br />

D Paddock<br />

R Page<br />

HW Pagels<br />

AT Paivio<br />

M Palliardi<br />

RJ Palmer<br />

T Palmer<br />

B Pancho<br />

J Pannu<br />

JE Parker<br />

L Parker<br />

B Parkin<br />

G Parmar<br />

J Parmar<br />

S Parmar<br />

D Parr<br />

J Parrish<br />

DL Parry<br />

J Partridge<br />

L Partridge<br />

A Pasowisty<br />

Z Pataky<br />

D Paterson<br />

A Pattinson<br />

A Paul<br />

B Pavlik<br />

DE Pavlik<br />

D Payne<br />

GA Payne<br />

KJ Peace<br />

GR Peachey<br />

D Pearson<br />

G Pearson<br />

B Peck<br />

C Pedersen<br />

CA Pedersen<br />

MM Pedersen<br />

BG Pederson<br />

S Peebles<br />

B Peel<br />

P Pekeles<br />

M Pelletier<br />

S Pelloi<br />

C Pendray<br />

J Peng<br />

J Penman<br />

A Penner<br />

RT Penney<br />

W Penno<br />

K Penny<br />

L Penny<br />

R Penrose<br />

D Percell<br />

C Percy<br />

T Peressini<br />

M Pereszlenyi<br />

L Perfanick<br />

ES Perkins<br />

R Perkins<br />

D Perreault<br />

D Perry<br />

M Perry<br />

S Perry<br />

C Peskett<br />

HYDRO<br />

Statement of Remuneration paid <strong>to</strong> employees and Expenses paid<br />

Page No:<br />

12<br />

on behalf of employees during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong> Run Date:<br />

8/28/<strong>2007</strong><br />

Run Time: 10:41:04AM<br />

REMUNERATION EXPENSES REMUNERATION<br />

EXPENSES<br />

102,528 2,099<br />

93,633 10,039<br />

113,235 199<br />

124,633<br />

90,060<br />

1,304<br />

96,394 8,032<br />

105,678 287<br />

170,904 2,499<br />

127,260 2,066<br />

86,159 7,222<br />

129,727 23,181<br />

97,555 94<br />

139,289 6,204<br />

82,383 6,470<br />

94,978 5,326<br />

100,460 2,862<br />

1<strong>31</strong>,977 3,433<br />

77,753 2,663<br />

102,108 4,454<br />

149,692 9,011<br />

83,562 4,725<br />

81,796 342<br />

86,252 3,077<br />

75,176 144<br />

107,208 8,935<br />

80,536 2,153<br />

88,466 12,771<br />

153,289 34,167<br />

103,361 5,167<br />

189,126 920<br />

129,262 33,061<br />

82,423 26,554<br />

114,594 19,278<br />

1<strong>31</strong>,944 5,500<br />

95,714 2,527<br />

79,015 86<br />

213,341 42,998<br />

146,105 4,<strong>31</strong>8<br />

77,610 200<br />

101,607 7,380<br />

120,137 1,605<br />

110,703 759<br />

101,429 1,418<br />

99,613 1,739<br />

79,219 3,878<br />

114,303 833<br />

100,206 <strong>31</strong>,727<br />

207,367 11,087<br />

144,609 9,557<br />

107,401 809<br />

81,151 433<br />

87,586 955<br />

82,729 2,602<br />

232,557 300<br />

101,328 600<br />

99,041 5,802<br />

88,549 305<br />

80,112 4,212<br />

94,135 2,013<br />

141,576 34,476<br />

112,462 8,105<br />

135,829 8,735<br />

97,052 5,022<br />

120,750 794<br />

101,663 746<br />

86,530 10,929<br />

81,508 1,093<br />

85,173 5,771<br />

124,719 892<br />

117,116 596<br />

76,671 10,<strong>31</strong>6<br />

E Peters<br />

G Peters<br />

J Peters<br />

S Peters<br />

T Peters<br />

CB Petersen<br />

L Petersen<br />

HT Peterson<br />

W Peterson<br />

JG Pettigrew<br />

C Phillip<br />

J Phillips<br />

L Piccolo<br />

R Pidcock<br />

JR Piderman<br />

P Pietramala<br />

BD Pighin<br />

J Piilo<br />

WM Pijanka<br />

B Pilking<strong>to</strong>n<br />

R Pimer<br />

A Pineau<br />

W Pinkenburg<br />

R Platt<br />

TA Playfair<br />

V Plesa<br />

FP Plumptre<br />

L Poile<br />

W Poirier<br />

D Poisson<br />

D Pollard<br />

B Pollock<br />

B Pollock<br />

D Polman Tuin<br />

GA Polok<br />

C Pooli<br />

R Pooni<br />

G Pope<br />

G Pope<br />

LE Pope<br />

K Popoff<br />

D Popowich<br />

K Porter<br />

A Posoukh<br />

G Poulin<br />

N Pountney<br />

S Pountney<br />

M Poweska<br />

S Pozzo<br />

D Prain<br />

M Prestwich<br />

M Prettejohn<br />

M Price<br />

PJ Prigione<br />

M Prinsloo<br />

M Prinster<br />

N Prior<br />

M Prpic<br />

J Psutka<br />

J Pugh<br />

S Pulford<br />

KJ Punch<br />

G Quan<br />

W Quan<br />

WJ Quan<br />

P Quanstrom<br />

G Quast<br />

S Quast<br />

D Quiazon<br />

BW Quibell<br />

M Quinn<br />

1<strong>31</strong>,268 1,391<br />

88,529 8,903<br />

77,301 3<strong>31</strong><br />

88,798 1,756<br />

133,683 2,714<br />

128,425 4,186<br />

121,233<br />

98,686<br />

6,026<br />

168,408 3,259<br />

120,765 16,051<br />

84,485 5,854<br />

76,545 225<br />

108,052 13,964<br />

81,2<strong>31</strong> 201<br />

90,279 3,954<br />

80,864 150<br />

110,410 4,889<br />

167,304 4,359<br />

93,576 2,406<br />

125,661 6,128<br />

101,341 2,981<br />

135,435 9,108<br />

143,910 3,346<br />

109,780 541<br />

76,946 50<br />

110,441 3,686<br />

132,174 10,890<br />

107,582 1,618<br />

77,547 10,824<br />

165,<strong>31</strong>4<br />

81,661<br />

18,278<br />

99,594 1,289<br />

114,142 17,822<br />

101,618 10,958<br />

139,827 6,525<br />

77,732 13,894<br />

80,478 661<br />

139,401 13,991<br />

100,927 2,760<br />

128,638 10,912<br />

126,224 1,267<br />

97,224 18,594<br />

88,339 1,724<br />

86,042 1,243<br />

105,691 375<br />

112,563 669<br />

111,024 27,839<br />

163,593 53,077<br />

144,219 4,461<br />

99,864 8,635<br />

128,236 15,393<br />

99,146 775<br />

114,119 2,267<br />

88,778 11,713<br />

110,407 3,400<br />

86,283 254<br />

91,748 723<br />

180,703 3,092<br />

107,162 12,004<br />

83,018 600<br />

101,026 7,871<br />

120,127 2,829<br />

113,418 3,912<br />

85,348 1,2<strong>31</strong><br />

118,399 16,<strong>31</strong>8<br />

83,573 1,023<br />

121,820 5,470<br />

89,009<br />

136,476<br />

9,543<br />

82,581 4,467<br />

88,187 11,134


Report ID: HYFIA001<br />

S Quinn<br />

J Quon<br />

E Radu<br />

A Radziwon<br />

J Rae<br />

J Rahier<br />

DB Rahn<br />

R Raja<br />

K Ramsey<br />

J Rand<br />

T Rapin<br />

P Rapp<br />

W Rashke<br />

CB Raska<br />

G Rasmussen<br />

D Rathlef<br />

D Ratzlaff<br />

AK Raven<br />

AS Rayan<br />

M Raymer<br />

D Razlog<br />

LA Reavley<br />

T Receveur<br />

D Reed<br />

R Reed<br />

R Reed<br />

B Reid<br />

D Reid<br />

JD Reid<br />

J Reid<br />

J Reid<br />

K Reid<br />

RG Reid<br />

R Reid<br />

DE Reilly<br />

RG Reimann<br />

B Reinders<br />

TJ Remfert<br />

M Rempel<br />

V Rempel<br />

SJ Ren<br />

MJ Renaud<br />

A Renwick<br />

S Reynolds<br />

C Rhodenizer<br />

J Rich<br />

M Richard<br />

C Richards<br />

K Richmond<br />

D Richter<br />

M Richter<br />

W Rink<br />

BD Ripley<br />

S Rispin<br />

C Ris<strong>to</strong>ck<br />

S Ritchey<br />

J Rittinger<br />

H Roberge<br />

C Roberts<br />

ET Roberts<br />

D Robinson<br />

DA Robinson<br />

DV Robinson<br />

RG Roddick<br />

J Rodford<br />

G Rodrigue<br />

J Rogan<br />

DM Rogers<br />

E Rogers<br />

RC Rogers<br />

G Rogowski<br />

HYDRO<br />

Statement of Remuneration paid <strong>to</strong> employees and Expenses paid<br />

Page No:<br />

13<br />

on behalf of employees during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong> Run Date:<br />

8/28/<strong>2007</strong><br />

Run Time: 10:41:04AM<br />

REMUNERATION EXPENSES REMUNERATION<br />

EXPENSES<br />

100,051 501<br />

116,652 1,155<br />

117,041 27,610<br />

82,019 17,049<br />

111,368 3,244<br />

76,524 4,172<br />

83,580 2,174<br />

113,594 392<br />

157,066 19,324<br />

86,673 7,551<br />

88,749 6,252<br />

157,050 11,181<br />

107,089 11,761<br />

101,183 6,251<br />

114,609 39,902<br />

89,063 4,014<br />

107,071 12,<strong>31</strong>2<br />

121,182 3,308<br />

92,828 2,295<br />

91,<strong>31</strong>8 16,635<br />

123,705 5,592<br />

83,949 17,072<br />

154,921 48,071<br />

78,712 4,924<br />

104,223 901<br />

144,520 7,286<br />

133,908 26,114<br />

137,988 7,498<br />

105,398 987<br />

106,827 16,826<br />

126,851 1,382<br />

89,137 3,941<br />

182,281 16,280<br />

159,955 12,666<br />

80,238 136<br />

184,960 5,883<br />

109,917 5,932<br />

120,980 22,535<br />

123,992 2,612<br />

89,139 1,726<br />

85,812 559<br />

84,018 3,379<br />

117,599 2,097<br />

111,486 9,980<br />

202,<strong>31</strong>9 3,134<br />

162,144 1,768<br />

77,181 733<br />

127,164 1,238<br />

78,756 2,380<br />

90,643 10,943<br />

100,482 1,040<br />

83,433 30<br />

222,957 13,155<br />

83,461 130<br />

93,922 550<br />

80,294 9,824<br />

77,206 10,443<br />

77,249 16,226<br />

113,608 12,022<br />

87,745 1,874<br />

117,163 1,076<br />

145,107 4,559<br />

129,653 11,897<br />

99,074 4,586<br />

244,178 17,133<br />

83,777 169<br />

82,345 462<br />

77,751 9,104<br />

78,418 8,756<br />

177,957 4,639<br />

105,768 10,575<br />

B Romanuik<br />

J Romas<br />

W Romuld<br />

J Rood<br />

A Rooney<br />

P Rother<br />

J Rowed<br />

D Rozenboom<br />

J Rozzano<br />

C Ruckstuhl<br />

IL Ruel<br />

R Rugge<br />

R Rusk<br />

L Russel<br />

P Russell<br />

P Russell<br />

WD Russell<br />

W Russell<br />

NJ Rutherford<br />

AD Ruttan<br />

K Ryan<br />

R Saari<br />

L Sahota<br />

R Sahota<br />

DK Sakamo<strong>to</strong><br />

A Salehi Parast<br />

S Salh<br />

P Saliken<br />

W Sampson<br />

G Samra<br />

BR Samson<br />

L Sandferd<br />

M Sandferd<br />

S Sandferd<br />

J Sandford<br />

A Sandhu<br />

P Sandhu<br />

D Sandulescu<br />

L Sar<strong>to</strong>rio<br />

RA Saunders<br />

M Savidant<br />

J Sawada<br />

GM Sawatsky<br />

P Sawatsky<br />

B Sayers<br />

G Scarborough<br />

Z Schaffer<br />

T Scheck<br />

J Scherer<br />

A Schimpel<br />

O Schittecatte<br />

D Schmidt<br />

J Schmitz<br />

H Schnell<br />

R Schoemeyer<br />

D Schonewille<br />

B Schorn<br />

VP Schulkowsky<br />

G Schulte<br />

DT Schultz<br />

F Schulz<br />

P Schulz<br />

R Schwartz<br />

T Schwartz<br />

DL Scott<br />

RS Scott<br />

RE Scott<br />

J Scouras<br />

R Sebastiano<br />

F Seki<br />

M Selak<br />

81,716 8,767<br />

123,451 1,024<br />

90,797 1,273<br />

85,153 6,160<br />

125,742 1,490<br />

122,130<br />

75,421<br />

11,128<br />

152,433 10,667<br />

98,746 449<br />

103,448 2,974<br />

132,082 1,634<br />

93,006 4,728<br />

140,217 384<br />

152,888 36<br />

145,428 8,958<br />

134,743 1,133<br />

85,828 1,795<br />

83,167 812<br />

109,522 2,808<br />

166,805 2,971<br />

81,802 384<br />

137,579 743<br />

111,710 1,135<br />

75,993 1,226<br />

96,195 4,988<br />

94,210 1,252<br />

135,292 10,814<br />

85,611 9,867<br />

222,348 <strong>31</strong>,333<br />

92,286 5<br />

106,586 520<br />

135,543 15,023<br />

78,199 4,182<br />

77,815 12,225<br />

78,384 10,979<br />

92,692 1,187<br />

138,697 18,390<br />

133,944 8,946<br />

144,986 21,702<br />

100,242 621<br />

107,910 2,481<br />

130,601 590<br />

89,193 4,551<br />

151,237 11,351<br />

89,020 5,329<br />

97,907 14,888<br />

83,063 3,650<br />

104,760 53,256<br />

90,988 7,050<br />

79,545 8,292<br />

99,127 376<br />

174,629 9,822<br />

82,437 41,849<br />

88,956 1,541<br />

96,846 7,469<br />

123,816 6,766<br />

90,748 1,451<br />

95,474 352<br />

96,002 11,872<br />

110,200<br />

113,397<br />

2,1<strong>31</strong><br />

107,352 5,135<br />

77,417 8,350<br />

102,573 20,039<br />

121,645<br />

76,591<br />

4,867<br />

92,957 2,912<br />

128,447 8,413<br />

129,412 33,179<br />

95,969 9,638<br />

107,474 1,697


Report ID: HYFIA001<br />

A Selnes<br />

D Semenyna<br />

D Senger<br />

L Seppala<br />

JK Se<strong>to</strong><br />

J Se<strong>to</strong><br />

R Se<strong>to</strong><br />

R Sevenhuysen<br />

W Seyers<br />

GA Shanks<br />

R Sharma<br />

N Sharpe<br />

H Shaw<br />

KA Shaw<br />

RJ Shaw<br />

D Sherbot<br />

D Shimizu<br />

WC Shin<br />

M Shore<br />

G Short<br />

W Shott<br />

K Shrubsall<br />

G Sh<strong>to</strong>kalko<br />

P Sh<strong>to</strong>kalko<br />

CC Shum<br />

E Shuster<br />

A Shwetz<br />

WJ Shwydky<br />

R Shymanski<br />

R Shymanski<br />

SJ Siddoo<br />

A Sidhu<br />

D Sidney<br />

P Siega<br />

J Siemens<br />

CK Siew<br />

J Silsbe<br />

GJ Simmons<br />

MJ Simpkins<br />

C Simpson<br />

G Simpson<br />

J Simpson<br />

RB Simpson<br />

W Sinclair<br />

C Singh<br />

GA Single<strong>to</strong>n<br />

F Sinosich<br />

TK Siu<br />

JC Skabeikis<br />

PG Skinner<br />

DB Sloan<br />

J Slotte<br />

BW Smando<br />

JN Smeets<br />

H Smiley<br />

B Smith<br />

D Smith<br />

D Smith<br />

DH Smith<br />

DI Smith<br />

G Smith<br />

HA Smith<br />

M Smith<br />

M Smith<br />

MJ Smith<br />

P Smith<br />

P Smith<br />

R Smith<br />

R Smith<br />

S Smith<br />

S Smith<br />

HYDRO<br />

Statement of Remuneration paid <strong>to</strong> employees and Expenses paid<br />

Page No:<br />

14<br />

on behalf of employees during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong> Run Date:<br />

8/28/<strong>2007</strong><br />

Run Time: 10:41:04AM<br />

REMUNERATION EXPENSES REMUNERATION<br />

EXPENSES<br />

125,601 1,528<br />

118,<strong>31</strong>7 1,384<br />

122,846 2,975<br />

81,866<br />

77,493<br />

1,883<br />

96,604 4,633<br />

102,022 1,757<br />

127,234 19,734<br />

141,780 8,994<br />

87,708 275<br />

97,204 3,934<br />

268,218 <strong>31</strong>,130<br />

222,846 12,088<br />

85,444 109<br />

113,734 6,436<br />

106,720<br />

95,501<br />

5,529<br />

112,294 6,787<br />

76,083 13,436<br />

86,223 2,555<br />

114,466 5,267<br />

106,124 5,393<br />

148,549 6,786<br />

142,460 3,132<br />

79,681 239<br />

145,420 1,496<br />

117,192 5,773<br />

117,294 1,867<br />

88,256 955<br />

77,084 50<br />

115,156 1,597<br />

85,912 1,796<br />

125,904 2,997<br />

125,430 6,523<br />

84,924 1,800<br />

137,493 3,581<br />

135,333<br />

129,449<br />

24,640<br />

75,099 73<br />

93,983 484<br />

153,896 1,472<br />

141,020 46,574<br />

91,193 4,555<br />

84,3<strong>31</strong> 7,648<br />

86,622 659<br />

151,784 8,717<br />

101,009 4,373<br />

163,157<br />

79,900<br />

1,701<br />

107,644 3,268<br />

97,701 414<br />

135,503 15,877<br />

115,807 865<br />

114,706 260<br />

211,962 14,1<strong>31</strong><br />

77,898 106<br />

124,022 2,378<br />

157,709 5,942<br />

81,361 2,114<br />

129,282 1,265<br />

78,953 439<br />

133,892 8,854<br />

116,275 2,774<br />

129,986 53,860<br />

144,427 3,189<br />

145,018 6,194<br />

78,826 2,012<br />

101,805 6,947<br />

117,747 479<br />

85,718 296<br />

86,882 3,672<br />

T Smith<br />

T Smith<br />

HD Smyth<br />

D Snow<br />

J Sofield<br />

JM Sokoloski<br />

B Sokugawa<br />

R Solanki<br />

C Soles<br />

T Soloshy<br />

R Somers<br />

T Somerville<br />

BM Sopko<br />

CE Sorace<br />

DL Sorensen<br />

W Soroka<br />

RD Soulsby<br />

KR Spafford<br />

B Spalteholz<br />

R Sparks<br />

B Sparrow<br />

S Sparrow<br />

DS Spencer<br />

K Spidel<br />

G Spina<br />

M Spinney<br />

DN Spivak<br />

R Spohr<br />

G Sreckovic<br />

BM St Germain<br />

P St Pierre<br />

IH Stacey<br />

GK Stack<br />

P Stafford<br />

E Stamelias<br />

M Standbrook<br />

D Standen<br />

JS Stangl<br />

RA Stanley<br />

G Stark<br />

JR Stark<br />

B Statler<br />

R Steele<br />

MW Steemson<br />

T Stefan<br />

AB Steidle<br />

DM Stein<br />

WA Stein<br />

K Steine<br />

J Steinson<br />

M Stender<br />

NG Stephenson<br />

DM Stevens<br />

J Stevens<br />

P Stevenson<br />

D Stewart<br />

R Stewart<br />

R Stewart<br />

R Stewart<br />

R Stewart<br />

T Stewart<br />

T Stewart<br />

TS Stiemer<br />

J Stites<br />

A S<strong>to</strong>cks<br />

W S<strong>to</strong>ck<strong>to</strong>n<br />

G S<strong>to</strong>ut<br />

R Strachan<br />

C Strain<br />

E Struyk<br />

RK Stuber<br />

114,644 10,799<br />

99,414 1,874<br />

93,542 8,395<br />

180,624 30,666<br />

183,128 11,541<br />

79,839 12,637<br />

103,257 2,220<br />

76,407 2,754<br />

94,508 3,341<br />

139,593 28,620<br />

87,<strong>31</strong>6 2,976<br />

122,<strong>31</strong>3 2,109<br />

78,457 338<br />

110,219 5,491<br />

86,416 3,541<br />

123,688 534<br />

112,373<br />

236,771<br />

4,721<br />

77,286 11,047<br />

154,621 4,584<br />

89,647 25,090<br />

118,544 3,829<br />

100,285 2,527<br />

83,954 13,271<br />

106,035 5,616<br />

107,510 4,249<br />

98,925 1,650<br />

78,893 18,456<br />

108,003 1,214<br />

137,529 3,512<br />

119,308 1,187<br />

152,004 46,219<br />

93,652 12,837<br />

89,296 159<br />

79,968 2,526<br />

186,693 9,169<br />

86,662 5,877<br />

140,967 12,480<br />

75,868 244<br />

109,951 9,144<br />

108,993 2,552<br />

114,929 3,046<br />

128,247 22,104<br />

125,485 11,181<br />

82,693 150<br />

80,149 2,287<br />

82,687 1,095<br />

139,933 4,432<br />

91,958 4,971<br />

110,658 12,149<br />

223,411 5,300<br />

121,342 1,163<br />

127,234 36,218<br />

78,021 6,926<br />

97,391<br />

108,088<br />

3,297<br />

253,215 18,022<br />

106,467 25,219<br />

160,107 4,224<br />

78,592 1,449<br />

102,001 5,772<br />

110,561 14,128<br />

77,040 1,874<br />

126,601 8,186<br />

89,9<strong>31</strong> 13,715<br />

85,632 6,150<br />

139,417 23,657<br />

92,500 20,543<br />

115,861 7,178<br />

126,738 2,002<br />

88,943 2,218


Report ID: HYFIA001<br />

B Stumborg<br />

H Suen<br />

I Sulyma<br />

L Sumpter<br />

C Suvagau<br />

D Swan<br />

L Swanson<br />

M Swanson<br />

RL Swanson<br />

RK Switzer<br />

W Swoboda<br />

JH Sy<br />

D Sydor<br />

K Syming<strong>to</strong>n<br />

C Sze<strong>to</strong><br />

J Taaffe<br />

B Tabe<br />

A Tait<br />

I Tait<br />

S Tam<br />

DM Tammen<br />

RP Tang<br />

X Tang<br />

M Tannenbaum<br />

J Tao<br />

DG Tarampi<br />

R Tasker<br />

D Taylor<br />

J Taylor<br />

JW Taylor<br />

J Taylor<br />

D Tegart<br />

G Telford<br />

P Tennent<br />

M Terpstra<br />

G Then<br />

P Therrien<br />

N Thiem<br />

K Thingvold<br />

A Thomas<br />

T Thomas<br />

T Thomas<br />

A Thompson<br />

B Thompson<br />

D Thompson<br />

J Thompson<br />

K Thompson<br />

K Thompson<br />

TW Thompson<br />

TM Thompson<br />

T Thompson<br />

W Thompson<br />

J Thomson<br />

K Thomson<br />

G Throop<br />

K Tiedemann<br />

P To<br />

DJ Tobin<br />

J Todd<br />

C Tompkins<br />

A Tong<br />

D Toole<br />

R Toole<br />

PO Toom<br />

S Toop<br />

B Tooze<br />

C Tough<br />

K Townie<br />

D Trapp<br />

DK Trapp<br />

P Trarup<br />

HYDRO<br />

Statement of Remuneration paid <strong>to</strong> employees and Expenses paid<br />

Page No:<br />

15<br />

on behalf of employees during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong> Run Date:<br />

8/28/<strong>2007</strong><br />

Run Time: 10:41:04AM<br />

REMUNERATION EXPENSES REMUNERATION<br />

EXPENSES<br />

128,880 4,858<br />

124,777 8,639<br />

84,426<br />

111,938<br />

3,805<br />

101,261 6,019<br />

96,516 1,747<br />

78,597 999<br />

75,032 9,877<br />

150,523 5,300<br />

110,559 3,428<br />

125,723 4,017<br />

89,697 2,123<br />

98,433 706<br />

91,530 22,868<br />

112,261 8,182<br />

77,816 3,781<br />

142,149 6,455<br />

146,915 4,184<br />

109,108 2,496<br />

143,378 4,189<br />

130,840 20,009<br />

128,210 2,451<br />

98,390 7,136<br />

115,136 492<br />

121,474 15,997<br />

119,325 8,372<br />

80,946 1,787<br />

89,958<br />

86,602<br />

25,907<br />

122,585 2,701<br />

88,452 637<br />

122,702 9,062<br />

115,345 324<br />

121,413 219<br />

104,628 3,483<br />

79,266 3,454<br />

78,034<br />

84,678<br />

8,434<br />

103,562 1,816<br />

109,218 19,575<br />

83,202 7,652<br />

99,127 3,406<br />

100,130 6,887<br />

103,333 8,772<br />

140,413 24,575<br />

92,973 1,071<br />

76,242 24,832<br />

75,981 75<br />

132,342 2,142<br />

187,034 2,847<br />

96,470 3,182<br />

107,984 3,901<br />

242,648 3,654<br />

84,991 8,883<br />

81,923<br />

128,369<br />

611<br />

100,171 11,699<br />

1<strong>31</strong>,845 5,564<br />

141,826 11,623<br />

81,282 640<br />

98,208 6,375<br />

348,071 2,511<br />

93,536 32,207<br />

179,308 1,493<br />

116,772 2,268<br />

126,469 943<br />

90,754 1,045<br />

178,930 8,826<br />

120,166 1,993<br />

120,<strong>31</strong>5 8,664<br />

113,862 4,172<br />

A Travers<br />

M Travers<br />

L Tremblay<br />

B Trevitt<br />

DG Trider<br />

G Trono<br />

G Trudeau<br />

J Trudel<br />

T Truhn<br />

R Truong<br />

P Trustham<br />

A Tsang<br />

T Tsang<br />

A Tu<br />

M Tugade<br />

C Turnbull<br />

D Turner<br />

F Turner<br />

G Turner<br />

S Turner<br />

T Turner<br />

J Twa<br />

M Ty<br />

G Udell<br />

A Ugalino<br />

J Unger<br />

R Unger<br />

R Unger<br />

RF Ungless<br />

MS Uprichard<br />

B Urquhart<br />

VC Utgaren<br />

P Vadgama<br />

MA Valiquette<br />

L Vallor<br />

E Valois<br />

C Van Camp<br />

E Van Den Born<br />

M Van Dijk<br />

R van Halm<br />

GR Van Horne<br />

JM Van Nieuwland<br />

W Van Noortwyk<br />

JC Van Roode<br />

B Van Ruyven<br />

M Van Slageren<br />

S Vanagas<br />

N Vanderkwaak<br />

W Vandeventer<br />

T Vanger<br />

JJ Vanjoff<br />

LC Vargas<br />

J Vasarhely<br />

P Vassilev<br />

H Vatne<br />

S Vazinkhoo<br />

C Veary<br />

T Veary<br />

E Veloso<br />

RS Venables<br />

RG Verhoeve<br />

C Verschoor<br />

M Vidas<br />

L Viereck<br />

L Villa<br />

JE Vince<br />

T Vine<br />

N Vipond<br />

J Volpatti<br />

B Von Alkier<br />

D von Hollen<br />

94,581 8,234<br />

103,112 7,860<br />

97,840 3,668<br />

80,822 471<br />

187,103<br />

76,439<br />

10,021<br />

98,341 5,475<br />

134,995 29,682<br />

122,005 3,027<br />

89,771 13,805<br />

103,814 13,920<br />

86,070 3,369<br />

129,620 37<br />

78,402 6,067<br />

146,953 8,952<br />

78,995 19,864<br />

89,147 2,724<br />

168,798 6,589<br />

81,808 38<br />

125,034 11,106<br />

93,541 860<br />

87,347 9,492<br />

129,612 6,529<br />

183,397 3,573<br />

79,833 9,764<br />

84,638 15,118<br />

107,546 9,670<br />

81,387 2,844<br />

167,461 454<br />

118,995 7,435<br />

107,604 <strong>31</strong>,656<br />

90,596 6,535<br />

84,468 3,755<br />

88,953 1,2<strong>31</strong><br />

123,995 5,720<br />

190,911 18,623<br />

160,503 13,439<br />

160,636 6,922<br />

94,784 5,616<br />

99,007 1,442<br />

84,262 1,2<strong>31</strong><br />

126,437 4,703<br />

80,877 7,964<br />

83,404 15,872<br />

341,618 19,244<br />

88,188 635<br />

106,330 4,687<br />

101,562 2,851<br />

104,346<br />

119,052<br />

7,167<br />

132,425 7,106<br />

80,356 3,208<br />

77,945 296<br />

120,229 2,755<br />

142,942 808<br />

128,176 14,999<br />

101,963 2,320<br />

99,160<br />

86,355<br />

2,470<br />

139,3<strong>31</strong> 3,116<br />

90,825 6,383<br />

104,443 4,597<br />

105,438 4,933<br />

175,339 16,561<br />

108,735 11,941<br />

97,9<strong>31</strong> 4,018<br />

90,378 1,079<br />

107,950 719<br />

84,830 9,963<br />

130,<strong>31</strong>6 14,637<br />

75,899 3,415


Report ID: HYFIA001<br />

JM Vos<br />

JC Voss<br />

M Voute<br />

E Vowles<br />

R Vranesic<br />

BF Vye<br />

B Wagner<br />

J Wagner<br />

P Wagner<br />

R Waite<br />

K Waiz<br />

H Walk<br />

A Walker<br />

B Walker<br />

JR Walker<br />

M Walker<br />

M Walkowski<br />

D Wallace<br />

K Wallace<br />

MA Wallace<br />

R Waller<br />

C Walls<br />

G Walls<br />

B Walsh<br />

DR Walsh<br />

KD Walsh<br />

JG Walter<br />

F Walters<br />

K Walters<br />

Y Wang<br />

A Ward<br />

WA Ward<br />

D Warner<br />

D Warren<br />

R Warren<br />

R Washbern<br />

C Watrich<br />

LV Watrich<br />

A Watson<br />

J Watson<br />

MM Watson<br />

T Watson<br />

L Watt<br />

G Watts<br />

E Waugh<br />

S Way<br />

R Weagle<br />

K Webb<br />

N Webb<br />

E Webber<br />

F Weber<br />

B Webster<br />

J Weckstrom<br />

S Weeks<br />

DM Weiss<br />

E Weiss<br />

D Wellborn<br />

D Wells<br />

D Wells<br />

K Wells<br />

G Welsh<br />

R Welsh<br />

W Wen<br />

M Wenzlaff<br />

AW Werk<br />

EG Weslowski<br />

T Weslowski<br />

D Westbrook<br />

R Westcott<br />

C Weyell<br />

J Whale<br />

HYDRO<br />

Statement of Remuneration paid <strong>to</strong> employees and Expenses paid<br />

Page No:<br />

16<br />

on behalf of employees during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong> Run Date:<br />

8/28/<strong>2007</strong><br />

Run Time: 10:41:04AM<br />

REMUNERATION EXPENSES REMUNERATION<br />

EXPENSES<br />

78,693 7,063<br />

135,880 19,432<br />

78,291 1,<strong>31</strong>1<br />

133,839 29,925<br />

87,636 1,152<br />

99,185 3,502<br />

138,437 34,408<br />

153,774 8,737<br />

133,970 9,827<br />

83,114 26,887<br />

105,255 1,781<br />

128,827 1,855<br />

133,866 5,147<br />

104,309<br />

129,107<br />

15,148<br />

98,655 705<br />

154,535 3,328<br />

106,230 1,398<br />

105,848 10,534<br />

107,496 719<br />

145,112 1,784<br />

113,649 75,068<br />

94,976 1,647<br />

110,301 300<br />

136,023<br />

136,730<br />

2,985<br />

89,862 20<br />

121,586 38,577<br />

163,669<br />

91,867<br />

2,294<br />

83,675 12,819<br />

83,896 2,940<br />

139,510 8,111<br />

92,547 8,222<br />

107,198 4,253<br />

141,151 12,948<br />

79,295 1,357<br />

207,500 9,139<br />

89,671 9,363<br />

84,162 7,613<br />

111,722 6,483<br />

93,612 23,668<br />

1<strong>31</strong>,622 18,261<br />

82,933 443<br />

125,587 1,963<br />

136,424 5,855<br />

95,044 2,379<br />

173,252 3,962<br />

206,473 -174<br />

100,135 215<br />

81,036 1,030<br />

77,<strong>31</strong>1 3,877<br />

78,732 21,161<br />

98,929 5,727<br />

83,939 8,016<br />

139,107 3,700<br />

81,421 212<br />

107,0<strong>31</strong> 6,757<br />

134,412 2,745<br />

82,582 873<br />

139,960 6,206<br />

120,124 23,199<br />

87,960 1,200<br />

82,035 8,163<br />

146,778<br />

80,776<br />

971<br />

101,565 16,989<br />

156,299 12,569<br />

95,651 9,378<br />

128,633 11,712<br />

121,911 5,068<br />

V Wheater<br />

W Wheeler<br />

A White<br />

RA White<br />

S White<br />

FR Whiteman<br />

R Whittaker<br />

E Wichmann<br />

B Widmer<br />

R Wiebe<br />

J Wiegand<br />

LJ Wiens<br />

R Wile<br />

JG Wilkie<br />

J Wilkins<br />

A Williams<br />

D Williams<br />

DK Williams<br />

DG Williams<br />

DO Williams<br />

L Williams<br />

R Williams<br />

RB Williams<br />

RG Williams<br />

T Williams<br />

W Williams<br />

B Williamsen<br />

J Williamson<br />

K Williamson<br />

K Willis<br />

TM Willis<br />

RJ Willmot<br />

A Wilson<br />

B Wilson<br />

D Wilson<br />

D Wilson<br />

D Wilson<br />

MJ Wilson<br />

S Wilson<br />

P Winter<br />

H Winters<br />

K Wiseman<br />

J Wisniewski<br />

A Withers<br />

S Wogan<br />

RA Wohl<br />

H Woiken<br />

M Woiken<br />

D Wolfe<br />

P Wolford<br />

H Wolter<br />

B Wong<br />

C Wong<br />

J Wong<br />

S Wong<br />

TL Wong<br />

A Woo<br />

S Wood<br />

GW Woodbury<br />

T Woodcock<br />

S Woodford<br />

TR Woodlock<br />

R Woodman<br />

WJ Woodworth<br />

H Woot<strong>to</strong>n<br />

T Worker<br />

G Wright<br />

G Wright<br />

L Wutschnik<br />

D Wyant<br />

M Wynne<br />

79,517 2,120<br />

132,055 11,466<br />

75,412 11,195<br />

85,388 48<br />

99,046 15,349<br />

79,648 1,894<br />

96,468 23,556<br />

81,378 11,220<br />

76,461 13,670<br />

105,695 5,716<br />

118,652 3,507<br />

75,373 6,567<br />

124,674 267<br />

110,097 3,958<br />

93,418 7,366<br />

90,016 609<br />

124,672 16,301<br />

107,485 5,029<br />

124,004 2,446<br />

108,150 845<br />

83,672 3,853<br />

130,521 2,590<br />

149,272 2,718<br />

107,385 135<br />

103,113 6,445<br />

90,410 12,063<br />

79,544 4,672<br />

101,916 3,847<br />

91,692 607<br />

124,269 3,814<br />

85,187 100<br />

113,185 823<br />

127,042 12,971<br />

83,124 7,453<br />

99,365 6,960<br />

100,891 7,060<br />

127,226 2,538<br />

78,321 500<br />

90,273 2,741<br />

106,994 8,029<br />

77,637 452<br />

111,551 586<br />

94,508 26,784<br />

130,164 14,0<strong>31</strong><br />

114,607 21,812<br />

134,227 5,747<br />

130,544 2,507<br />

103,857 738<br />

103,546 16,879<br />

178,438 943<br />

123,629 2,939<br />

86,927 3,098<br />

87,281<br />

87,255<br />

2,265<br />

112,177 1,516<br />

93,721 3,368<br />

132,760 4,337<br />

104,275 4,866<br />

128,716 3,977<br />

97,776 4,808<br />

77,165 7,814<br />

101,444 5,496<br />

133,602 181<br />

77,540 7,104<br />

90,183 150<br />

97,472 3,842<br />

101,362 24,270<br />

175,653<br />

85,286<br />

14,266<br />

84,012 28,370<br />

128,194 4,766


Report ID: HYFIA001<br />

L Yan<br />

N Yan<br />

S Yan<br />

C Yaremko<br />

S Yaworski<br />

C Ye<br />

W Yetman<br />

GS Yim<br />

ML Yip<br />

E Young<br />

G Young<br />

J Young<br />

L Yu<br />

VC Yuen<br />

S Yurkovich<br />

F Yusuf<br />

B Zacharias<br />

J Zadra<br />

H Zaki<br />

D Zanatta<br />

JN Zarin<br />

J Zarubiak<br />

ED Zaruk<br />

B Zavitz<br />

M Zeller<br />

RK Zellman<br />

S Zemenchik<br />

R Zemlak<br />

PM Zerbe<br />

H Zhu<br />

M Zieske<br />

A Zolo<strong>to</strong>ochin<br />

R Zucker<br />

Employees Under $75,000:<br />

Grand Total:<br />

Employer's share of EI and CPP<br />

HYDRO<br />

Statement of Remuneration paid <strong>to</strong> employees and Expenses paid<br />

Page No:<br />

17<br />

on behalf of employees during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong> Run Date:<br />

8/28/<strong>2007</strong><br />

Run Time: 10:41:04AM<br />

REMUNERATION EXPENSES REMUNERATION<br />

EXPENSES<br />

119,669 5,297<br />

90,518 932<br />

82,858 175<br />

232,473 8,241<br />

78,083<br />

110,459<br />

1,487<br />

91,471 16,329<br />

170,933 23,227<br />

127,430 603<br />

90,541 12,230<br />

98,617 270<br />

89,430 12,115<br />

78,156<br />

79,251<br />

3,247<br />

193,643 2,508<br />

84,880 9<br />

176,741 11,187<br />

90,406 5,250<br />

100,269 825<br />

75,359 446<br />

139,837 1,302<br />

91,599 488<br />

99,195 13,347<br />

84,206 6,908<br />

114,172 6,707<br />

106,392 18<br />

91,488 7,247<br />

75,786 8,<strong>31</strong>4<br />

107,860 7,249<br />

97,379 10,366<br />

108,639 7,149<br />

126,809 6,110<br />

184,559 27,798<br />

101,332,133 5,035,071<br />

359,404,324 21,642,872<br />

11,920,927


Report ID: HYFIA002 HYDRO<br />

Statement of Accounts of $25,000 or more paid<br />

during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong><br />

0696991 <strong>BC</strong> Ltd.<br />

076<strong>31</strong>01 <strong>BC</strong> Ltd.<br />

1069359 Alberta Ltd.<br />

1121598 Alberta Ltd.<br />

112792 Canada Inc.<br />

1535441 Ontario Ltd.<br />

1-800-Got Junk<br />

1st Responder Industrial Safety Services<br />

3 SI Risk Strategies Inc<br />

366016 <strong>BC</strong> Ltd.<br />

3M Canada Company<br />

40 below Industrial Ltd.<br />

4Refuel Canada Ltd.<br />

505715 B.C. Ltd.<br />

525183 B.C. Ltd.<br />

6069789 CANADA Inc.<br />

686<strong>31</strong>3 B.C. Ltd.<br />

A & D Flagging Services<br />

A & S Chen Holdings Ltd.<br />

A Powerline Contracting Ltd.<br />

A. Turner Sales Ltd.<br />

A.E. Concrete Precast Prod.Ltd.<br />

A.J. Nickerson Excavating<br />

A.J. Nunn & Associates<br />

A.L. Leake<br />

A.L.L.L. Traffic Control & Safety<br />

A.R. Thomson Group<br />

A.T. Maintenance Plus Contracting Ltd.<br />

A-1 Machine & Welding 1986 Ltd.<br />

ABB Inc.<br />

Aberdeen Helicopters Ltd.<br />

Abstract Registry Services Ltd.<br />

Accenture Business Services of B.C.<br />

Acclaim Ability Management Inc.<br />

Acclaro Management Corporation<br />

Accuscan Infrared Serv. Inc.<br />

Ace Flagging<br />

Ace Traffic Control Ltd.<br />

Acklands-Grainger Inc.<br />

<strong>Act</strong>ion Management Services<br />

<strong>Act</strong>ive Pass Au<strong>to</strong> & Marine Ltd.<br />

<strong>Act</strong>tiv Pty Ltd.<br />

<strong>Act</strong>ua<br />

Acuren Group Inc.<br />

Adama Consulting<br />

Adcentives<br />

Addy Power Ltd.<br />

Adec Systems Inc.<br />

Adina R&D, Inc.<br />

Adm Associates Inc.<br />

Admiral Roofing Ltd.<br />

Adp Distribu<strong>to</strong>rs Inc.<br />

Advanced Battery Systems Inc.<br />

Advanced Excavating and Utilities<br />

Advanced Grounding Concepts<br />

Advanced Powerlines Ltd.<br />

AEE Energy Seminars<br />

52,993<br />

98,665<br />

30,000<br />

40,073<br />

79,291<br />

100,692<br />

128,384<br />

60,146<br />

36,764<br />

82,639<br />

243,114<br />

25,865<br />

57,336<br />

63,466<br />

58,373<br />

87,463<br />

58,989<br />

88,442<br />

<strong>31</strong>,625<br />

39,109<br />

82,990<br />

4,216,658<br />

810,953<br />

42,411<br />

33,874<br />

226,254<br />

43,510<br />

405,572<br />

35,386<br />

10,575,666<br />

55,482<br />

37,664<br />

177,901,611<br />

234,629<br />

266,790<br />

56,223<br />

57,014<br />

27,177<br />

1,688,811<br />

45,000<br />

38,860<br />

47,390<br />

25,000<br />

254,948<br />

119,517<br />

50,767<br />

282,358<br />

39,483<br />

28,634<br />

159,152<br />

47,976<br />

27,924<br />

32,467<br />

43,701<br />

42,216<br />

2,037,137<br />

44,206<br />

Aerial Contrac<strong>to</strong>rs Ltd.<br />

AGD Services Ltd.<br />

Aggressive Pump & Supply Inc.<br />

Agrium Inc.<br />

Ahmed Feisal Elneweihi<br />

AIC Advanced Industrial Composites Inc.<br />

AIG Life of Canada<br />

Aiglette Holdings Ltd<br />

Aim Ecological Consultants Ltd.<br />

Ainsworth Lumber Co. Ltd.<br />

Air Liquide Canada Inc.<br />

Airspan Helicopters Ltd<br />

Air-Tec Consulting Ltd.<br />

Al Bolger Consulting Services Inc.<br />

Al Forbes<br />

Alan A. Kay Associates Inc.<br />

Alan J. King<br />

Alan M. Walsh<br />

Albert D'Andrea<br />

Alberta Electric System Opera<strong>to</strong>r<br />

Alcan Inc.<br />

Alcatel Canada Inc.<br />

Alcatel-Lucent Canada Inc.<br />

Alec Engineering<br />

Alena Dzujkova<br />

Aligned Floor Coverings Inc.<br />

All Powerline Const. Ltd.<br />

All-Clear Traffic Control<br />

Allegis Group Canada Corporation<br />

Allen Sykes<br />

Allteck Line Contrac<strong>to</strong>rs Inc.<br />

All-West Glass (Ft. St. John) Ltd.<br />

Allwest Reporting Ltd.<br />

Alpen Helicopters Ltd.<br />

Alpha Roofing & Sheet Metal Inc<br />

Alpine Pole Maintenance<br />

Als<strong>to</strong>m Canada Inc.<br />

Alta Lake Electric Ltd.<br />

Altec Industries Ltd.<br />

Altered Image Performance Glass Inc.<br />

Al<strong>to</strong>ft Helicopter Services Ltd.<br />

Aluma Systems Canada Inc.<br />

Aluma-Form, Inc.<br />

AMEC Americas Limited<br />

Amec Dynamic Structures Ltd.<br />

Amelia Barker<br />

Amix Salvage & Sales Ltd.<br />

Ampco Manufacturing Inc.<br />

Am-Pm Landclearing &<br />

Andec Agencies Ltd.<br />

Andre M. Cordonier Trucking<br />

Andrea Davidson<br />

Andrew Wozny<br />

Angee Watanabe<br />

Anixter Canada Inc.<br />

Anjapeg Enterprises Limited<br />

Anne Schretlen<br />

Ansan Industries Ltd.<br />

Page No:<br />

Run Date:<br />

Run Time:<br />

1<br />

8/27/<strong>2007</strong><br />

2:08:<strong>31</strong>PM<br />

1,679,804<br />

67,417<br />

29,516<br />

975,133<br />

1<strong>31</strong>,180<br />

1,417,925<br />

103,000<br />

164,062<br />

78,549<br />

38,778<br />

79,884<br />

238,476<br />

299,935<br />

161,152<br />

30,305<br />

28,427<br />

44,325<br />

42,109<br />

58,498<br />

573,838<br />

58,627,418<br />

351,836<br />

349,989<br />

36,514<br />

29,206<br />

61,623<br />

1,056,904<br />

114,746<br />

1,023,3<strong>31</strong><br />

28,920<br />

21,484,685<br />

29,229<br />

104,828<br />

738,270<br />

200,801<br />

829,258<br />

21,662,532<br />

185,772<br />

5,930,874<br />

29,576<br />

124,133<br />

42,926<br />

251,187<br />

1,285,265<br />

51,524<br />

74,214<br />

70,999<br />

61,565<br />

66,340<br />

38,410<br />

102,116<br />

32,385<br />

53,035<br />

100,037<br />

977,195<br />

35,773<br />

45,101<br />

410,893


Report ID: HYFIA002 HYDRO<br />

Statement of Accounts of $25,000 or more paid<br />

during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong><br />

ANTONY LYTTLE<br />

Aon Reed Stenhouse Inc.<br />

Apex Communications Inc.<br />

Apex Industrial Movers<br />

A-Power Line Contracting Ltd.<br />

Applied Industrial Technologies Ltd.<br />

Apt Industries Ltd.<br />

Aqua Chem Enterprises Ltd.<br />

Aqua Towing (1979) Ltd.<br />

AquaFor Consulting Ltd.<br />

Aramark Entertainment Services<br />

Arbiter Systems, Inc.<br />

Arbor-Art Tree Service Ltd.<br />

Arcas Consul. Archeologists Ltd<br />

Archie's Trucking Ltd.<br />

ArchiText Consulting<br />

Arcprint & Imaging Ltd.<br />

Arctic Power Systems B.C. Ltd.<br />

Areva T&D Canada Inc.<br />

Areva T&D Inc<br />

Argo Building Maintenance Ltd.<br />

Argus Technologies Ltd.<br />

ARI <strong>Financial</strong> Services Inc.<br />

Armature Electric Ltd.<br />

Armstrong Crane & Rigging Inc.<br />

Arrow Helicopters Inc.<br />

Arrow Installations Ltd.<br />

Arrow Lakes Power Corporation<br />

Artcraft Display Graphics Inc.<br />

Artemis Wildlife Consultants<br />

Ascend Analytics Corp.<br />

Ashley-Pryce Interior<br />

Aspen Wildlife Research<br />

Asplundh Canada Inc.<br />

Asplundh Canada ULC<br />

Associated Engineering(B.C.)Ltd<br />

Association of Professional<br />

ASTC Science World Society<br />

Astrographic Industries Ltd.<br />

Atlas Copco Compressors Canada<br />

Atlas Van Lines (Canada) Ltd.<br />

Atmospheric Dynamics Corp.<br />

Aurora Helicopters Ltd.<br />

Aurora Tree Inc.<br />

Au<strong>to</strong>desk Inc.<br />

Au<strong>to</strong>gas Propane Ltd.<br />

Au<strong>to</strong>matisation Grimard<br />

Au<strong>to</strong>pro Au<strong>to</strong>mation Consultants Ltd.<br />

Avant-Guard Gates & Access Controls Ltd.<br />

Ayre Investments Ltd.<br />

A-Z Wordsmith Services<br />

Azimuth Consulting Group Inc.<br />

B & B Compudraft Ltd.<br />

B & B Consulting International, LLC<br />

B & B Valves & Fittings Ltd<br />

B & T Line Equip. Testers Ltd.<br />

B G Power Systems Ltd.<br />

B. Chandra & Associates Ltd.<br />

B. Gin Enterprises Ltd.<br />

26,889<br />

8,709,138<br />

113,355<br />

440,309<br />

550,973<br />

104,180<br />

29,551<br />

30,371<br />

55,466<br />

196,563<br />

43,773<br />

70,998<br />

290,367<br />

178,951<br />

421,<strong>31</strong>9<br />

136,309<br />

246,069<br />

5,687,069<br />

826,533<br />

<strong>31</strong>9,137<br />

39,623<br />

40,179<br />

9,036,491<br />

99,119<br />

61,151<br />

145,478<br />

1,616,878<br />

<strong>31</strong>,250,889<br />

55,705<br />

53,760<br />

430,168<br />

746,480<br />

105,276<br />

1,678,949<br />

6,669,872<br />

36,047<br />

139,648<br />

60,000<br />

160,273<br />

68,111<br />

51,435<br />

61,334<br />

94,458<br />

965,152<br />

61,538<br />

33,603<br />

506,293<br />

223,<strong>31</strong>0<br />

<strong>31</strong>,461<br />

118,821<br />

30,404<br />

33,243<br />

110,572<br />

130,416<br />

30,320<br />

146,650<br />

1,111,585<br />

39,308<br />

208,463<br />

B.C. Bearing Engineers Ltd<br />

B.C. Buildings Corporation<br />

B.C. Conservation Foundation<br />

B.C. <strong>Hydro</strong> & Power Authority PensionPlan<br />

B.C. Online<br />

B.C. Pole Control<br />

B.C. Wood Recycling Ltd.<br />

B.C.I.T.<br />

B.R.E.C. Traffic Control<br />

B3 Industrial Ltd.<br />

Babcock & Wilcox Canada Ltd.<br />

BackCheck <strong>Information</strong> Corporation<br />

Bad Ventures Ltd.<br />

BAE Systems<br />

Bandstra Transp. Systems Ltd.<br />

Banker's Dispatch Company Ltd.<br />

Barbara Marie Pringle, Executrix of the<br />

Barker, Dunn & Rossi Inc.<br />

Barnes Whea<strong>to</strong>n<br />

Barry's Bulldozing<br />

Basler Electric Company<br />

Batch Power Measurements Ltd.<br />

Battery Direct Vancouver<br />

<strong>BC</strong> <strong>Hydro</strong> Construction Business Unit<br />

<strong>BC</strong> <strong>Hydro</strong> Power Pioneers<br />

<strong>BC</strong> One Call Limited<br />

<strong>BC</strong> Ventures Society<br />

<strong>BC</strong>IT-Finance-Internet<br />

Bear's Tool Testing & Inspections Inc.<br />

Beaven Property Services Inc.<br />

Beaver Electrical Machinery Ltd<br />

Beck Drilling & Environmental<br />

Bee-Safe Flagging<br />

Bekins Moving And S<strong>to</strong>rage<br />

Beldon Sales Ltd.<br />

Bell Bulldozing Ltd.<br />

Bell Conferencing Inc.<br />

Bell Pole Company<br />

Benson Edwards In Trust<br />

Bentley Systems Inc.<br />

Bently Nevada Canada Ltd.<br />

Bernard & Partners<br />

Best Access Systems<br />

Best Power Solutions Inc.<br />

BG Controls Ltd.<br />

Bgc Engineering Inc.<br />

BH Safety Services and Consulting Ltd.<br />

Big Sky Bunching Ltd.<br />

Bighorn Helicopters Inc.<br />

Bill Low<br />

Bill McAuley<br />

Bill S. Gin<br />

Biocap Canada Foundation<br />

Black Press Group Ltd.<br />

Black Tusk Helicopter Inc.<br />

Blaikie Tree Service Ltd.<br />

Blair Mechanical<br />

B-Line Consultants Ltd.<br />

Blok Printing Ltd.<br />

Page No:<br />

Run Date:<br />

Run Time:<br />

2<br />

8/27/<strong>2007</strong><br />

2:08:<strong>31</strong>PM<br />

42,912<br />

254,382<br />

161,733<br />

148,600,378<br />

256,683<br />

46,748<br />

86,157<br />

62,272<br />

<strong>31</strong>,472<br />

52,913<br />

2,348,050<br />

65,952<br />

29,166<br />

118,894<br />

153,522<br />

50,714<br />

26,000<br />

554,582<br />

54,157<br />

45,069<br />

27,810<br />

186,377<br />

47,569<br />

41,751<br />

238,891<br />

196,778<br />

65,000<br />

35,127<br />

193,633<br />

106,619<br />

50,464<br />

39,842<br />

54,956<br />

710,376<br />

209,350<br />

53,382<br />

27,879<br />

4,037,062<br />

120,000<br />

169,325<br />

158,596<br />

122,558<br />

78,399<br />

153,016<br />

66,524<br />

32,1<strong>31</strong><br />

281,002<br />

209,121<br />

<strong>31</strong>9,295<br />

175,852<br />

50,919<br />

47,600<br />

50,000<br />

78,659<br />

71,846<br />

242,346<br />

184,894<br />

161,304<br />

54,304


Report ID: HYFIA002 HYDRO<br />

Statement of Accounts of $25,000 or more paid<br />

during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong><br />

BLRCA Contract Management Services Ltd.<br />

Blue Line Innovations<br />

Blue Spruce Resources Inc.<br />

Blue Wilderness Management Goup Inc.<br />

Blueberry River First Nations<br />

Bobcat Country Sales Inc.<br />

BOC Canada Limited<br />

Bonaparte Indian Band<br />

Bonita J. Thompson<br />

Boondock Development Ltd.<br />

Borden Ladner Gervais In Trust<br />

Borden Ladner Gervais LLP<br />

Bos<strong>to</strong>n Bar Ltd. Partnership<br />

Bowen Island Municipality<br />

Brace Industries Inc.<br />

Bracewell & Giuliani LLP<br />

Brandee Clay<strong>to</strong>n<br />

Brandt Trac<strong>to</strong>r Ltd.<br />

Brenntag Canada Inc.<br />

Brent Meger<br />

Brentwood College School<br />

Brentwood Enterprises Ltd. Partnership<br />

Bre<strong>to</strong>n, Banville & Associates<br />

Brian Burk<br />

Brian Catling<br />

Brian Gadbois<br />

Bridge Creek Power Ltd.<br />

Bright Ideas Event Co-ordina<strong>to</strong>rs Ltd<br />

Briland Nanaimo Projects Ltd.<br />

Brioche Urban Baking Ltd.<br />

Brisco Wood Preservers Ltd.<br />

British Columbia Ferry Services Inc.<br />

British Columbia Institute of Technology<br />

British Columbia Public<br />

British Columbia Safety Authority<br />

British Columbia Transmission Corp.<br />

British Nuclear Fuels Ltd.<br />

Broad Spectrum Consulting<br />

Broadwater Industries Ltd.<br />

Broadway Refrigeration & Air<br />

Bronwyn Masson<br />

Brooklynn Contracting Ltd.<br />

Brooks Meter Devices<br />

Brouwer Claims Canada & Co. Ltd.<br />

BRS Forestry Consulting Ltd.<br />

Bruce A. Stewart<br />

Bruce Laxdal<br />

Brymark Installations Group Inc.<br />

BTC Properties II Limited<br />

Budget Steel Ltd.<br />

Bullhead Mountain Curling Club<br />

Busak & Shamban Canada<br />

Business Council Of B.C.<br />

Businessworks Consulting Inc.<br />

Butler Survey Equipment Ltd.<br />

Buyers Packaging Group Ltd.<br />

C & D Technologies Inc.<br />

C. Baggett Logging Ltd.<br />

C.A. Larsen<br />

329,598<br />

86,125<br />

78,929<br />

79,500<br />

190,000<br />

33,700<br />

117,196<br />

29,830<br />

73,942<br />

57,340<br />

1,220,061<br />

2,221,281<br />

2,612,729<br />

48,901<br />

795,808<br />

43,787<br />

<strong>31</strong>,472<br />

68,838<br />

271,426<br />

132,189<br />

48,667<br />

26,628<br />

551,267<br />

103,734<br />

233,387<br />

137,000<br />

111,367<br />

25,767<br />

941,226<br />

39,304<br />

6,149,605<br />

37,099<br />

26,503<br />

32,552<br />

44,623<br />

534,2<strong>31</strong>,226<br />

44,743<br />

88,945<br />

180,264<br />

38,416<br />

140,060<br />

53,<strong>31</strong>8<br />

82,470<br />

192,471<br />

45,467<br />

145,803<br />

356,883<br />

1,251,339<br />

71,256<br />

144,025<br />

82,433<br />

283,211<br />

26,346<br />

30,009<br />

70,101<br />

51,009<br />

647,804<br />

62,025<br />

89,960<br />

C.G. Industrial Specialties Ltd<br />

Cabletricity Connections Ltd.<br />

Calco Equipment (B.C.) Ltd.<br />

Caliper Mach. & Hydraulics Ltd.<br />

Calmont Pacific Leasing Ltd.<br />

Calpine Island Cogeneration Ltd.<br />

Cam Tran Pacific Ltd.<br />

Cambria Gordon Ltd.<br />

Cambridge Energy Research Associates Inc<br />

Cambridge Lee Industries Inc.<br />

Cameron Management Services Inc.<br />

Camosun College<br />

Campbell River Gravel Committee<br />

Canada Place Corp.<br />

Canada Post Corp.<br />

Canadian Air-Crane Ltd.<br />

Canadian Au<strong>to</strong>parts Toyota Inc.<br />

Canadian Communication Products Inc.<br />

Canadian Electricity Association<br />

Canadian Energy Efficiency Alliance<br />

Canadian Forest Products Ltd.<br />

Canadian Freightways Ltd.<br />

Canadian GeoExchange Coalition<br />

Canadian Helicopters Ltd.<br />

Canadian Home Bldrs Association Of <strong>BC</strong><br />

Canadian <strong>Hydro</strong> Developers Inc.<br />

Canadian <strong>Hydro</strong>power Association<br />

Canadian Institute for Energy Training<br />

Canadian Linen Supply Co. Ltd.<br />

Canadian Meter Company Inc.<br />

Canadian National Railway Co. (VN133920)<br />

Canadian Pacific Railway Company<br />

Canadian Partners Fund<br />

Canadian Springs Water Company<br />

Canadian Standards Association T6160<br />

Canadian Tire Assoc. S<strong>to</strong>re<br />

Can-Dive Construction Ltd.<br />

Canem West Operations Inc.<br />

Canfor Corporation<br />

Canfor Pulp Limited Partnership<br />

Canplas Industries Ltd.<br />

Can-Pro Diving Services Ltd.<br />

Cansel Survey Equipment Inc.<br />

CanWest Media Works Publications Inc.<br />

CanWest Mediaworks<br />

Canyon Contracting Company Ltd.<br />

Canyonland Services<br />

Capital Regional District<br />

Capital Tree Service<br />

Carbone Of America (Lcl) Ltd.<br />

Carle<strong>to</strong>n Rescue Equipment Ltd.<br />

Carnegie Fencing<br />

Carrier Sales & Distribution<br />

Carson International<br />

Carswell<br />

Carte International Inc.<br />

Carter Dodge Chrysler Ltd.<br />

Carter Pontiac Buick Ltd.<br />

Cascade Distribu<strong>to</strong>rs Ltd.<br />

Page No:<br />

Run Date:<br />

Run Time:<br />

3<br />

8/27/<strong>2007</strong><br />

2:08:<strong>31</strong>PM<br />

418,144<br />

48,907<br />

27,728<br />

35,061<br />

40,877<br />

30,105,863<br />

10,388,336<br />

50,144<br />

180,969<br />

382,328<br />

143,507<br />

25,845<br />

68,597<br />

35,916<br />

66,576<br />

104,299<br />

111,069<br />

263,439<br />

542,010<br />

<strong>31</strong>,950<br />

76,738<br />

164,029<br />

33,524<br />

206,069<br />

33,582<br />

6,781,957<br />

76,788<br />

38,308<br />

97,295<br />

704,294<br />

71,292<br />

60,445<br />

1,115,818<br />

54,333<br />

68,222<br />

118,715<br />

148,377<br />

1,217,165<br />

52,540<br />

12,135,514<br />

28,590<br />

182,933<br />

95,127<br />

33,562<br />

63,435<br />

25,813<br />

81,470<br />

94,597<br />

454,928<br />

67,251<br />

157,<strong>31</strong>6<br />

50,982<br />

76,246<br />

346,295<br />

27,304<br />

500,624<br />

493,178<br />

632,622<br />

198,193


Report ID: HYFIA002 HYDRO<br />

Statement of Accounts of $25,000 or more paid<br />

during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong><br />

Cascade Services Partnership<br />

Catalyst Consulting Limited<br />

Catalyst Paper Corporation<br />

Catherine Scott-May<br />

Cb Engineering Ltd.<br />

CBV Collection Services Ltd.<br />

CC Helicopters Ltd.<br />

CCS Inc.<br />

CD Nova Ltd.<br />

CE Franklin Ltd.<br />

CEA Technologies, Inc.<br />

Cedrus Consulting<br />

Cel-Com Systems Ltd.<br />

Cellular Mobile Services Ltd.<br />

CellWorks Communication<br />

Central Coast Power Corp.<br />

Central Interior Excavating<br />

Central Island Powerline Ltd.<br />

Central Moloney Inc.<br />

Central Park Developments Inc.<br />

Century Vallen<br />

CGL Contracting Ltd.<br />

Chant Construction Co.<br />

Charles Marketing & Promotions Inc.<br />

Cheam Indian Band<br />

Checkwell Decision Corporation<br />

Chemainus First Nation<br />

Chevron Canada Ltd.<br />

Chew Excavating Limited<br />

CIF Composites Inc.<br />

Cintas Corporation<br />

Circuit Breaker Sales Co. Inc.<br />

Ciserv CGL Industries Ltd.<br />

City Of Abbotsford<br />

City of Armstrong<br />

City Of Burnaby<br />

City Of Castlegar<br />

City Of Chilliwack<br />

City of Colwood<br />

City Of Coquitlam<br />

City Of Courtenay<br />

City Of Dawson Creek<br />

City Of Fort St. John<br />

City Of Kamloops<br />

City Of Kimberley<br />

City Of Langley<br />

City Of Merritt<br />

City Of Nanaimo<br />

City of Nelson<br />

City Of Parksville<br />

City Of Port Alberni<br />

City Of Port Moody<br />

City Of Prince George<br />

City Of Prince Rupert<br />

City Of Quesnel<br />

City Of Revels<strong>to</strong>ke<br />

City Of Richmond<br />

City Of Seattle<br />

City Of Surrey<br />

29,156<br />

181,745<br />

136,263<br />

44,159<br />

28,733<br />

41,966<br />

128,752<br />

94,259<br />

136,204<br />

143,615<br />

293,389<br />

49,724<br />

27,947<br />

27,823<br />

56,337<br />

2,390,962<br />

106,854<br />

2,232,555<br />

14,120,979<br />

1,828,586<br />

301,524<br />

89,495<br />

49,397<br />

68,703<br />

92,337<br />

100,683<br />

49,193<br />

413,412<br />

845,987<br />

232,338<br />

487,309<br />

48,146<br />

135,170<br />

2,022,074<br />

68,468<br />

6,706,086<br />

89,9<strong>31</strong><br />

1,002,438<br />

98,584<br />

2,416,700<br />

439,482<br />

196,349<br />

180,338<br />

1,260,351<br />

91,539<br />

209,994<br />

130,340<br />

1,146,094<br />

2,703,043<br />

99,364<br />

692,239<br />

1,612,538<br />

1,709,690<br />

258,<strong>31</strong>2<br />

695,<strong>31</strong>0<br />

2,019,088<br />

2,720,282<br />

1,003,352<br />

9,132,577<br />

City Of Terrace<br />

City Of Vancouver<br />

City of Vernon<br />

City Of Vic<strong>to</strong>ria<br />

City Of Williams Lake<br />

City Transfer Inc.<br />

CJ Logging<br />

Clair Harry Murdock, PQS<br />

Clan<strong>to</strong>n & Associates<br />

Clara Industrial Services Ltd.<br />

Clean Power Operating Trust<br />

Clean Sweep Jani<strong>to</strong>rial<br />

Clean Team Jani<strong>to</strong>rial Inc.<br />

Cleanway Supply Inc.<br />

Cleartech Industries Inc.<br />

ClickSoftware Inc.<br />

Cloudraker Guiding Ltd.<br />

CMH Underground Utilities Ltd.<br />

CNC Manutech Ltd.<br />

Coast Hotels Ltd.<br />

Coastal Rivers Power Limited Partnership<br />

Cobra Integrated Systems<br />

Cognos Inc.<br />

Columbia Aquatic & Technical<br />

Columbia Shuswap Regional Dist.<br />

Columbia Valve & Fitting Co.Ltd<br />

Columbia Wood Services Ltd.<br />

Commercial Energy Consumers<br />

Commercial Equipment Corp.<br />

Commercial Lighting Prod. Ltd.<br />

Commercial Solutions Inc.<br />

Commonwealth His<strong>to</strong>ric Resource<br />

Comox Valley Project<br />

Compass Group Canada<br />

Compass Resource Mngt. Ltd.<br />

Composites GSM/VCI<br />

Compugen Inc.<br />

Compuwork Pacific Inc.<br />

Concentrix Solutions Inc.<br />

Concept Controls Inc.<br />

Confer Consulting Ltd.<br />

Con-Force Structures Ltd.<br />

Consortium for Energy Efficiency Inc.<br />

Consumer-Response Marketing Ltd<br />

Cook Roberts " In Trust "<br />

Cooper Barging Service Ltd.<br />

Cooper Industries (Canada) Inc.<br />

Cooper Power Systems<br />

Copperleaf Consulting Group Inc<br />

Copperleaf Technologies Inc.<br />

Coral Engineering Ltd.<br />

Cordillera Archaeology<br />

Cordilleran Geoscience<br />

Corners<strong>to</strong>ne Planning Group Ltd.<br />

Corp Of City Of New Westminster<br />

Corp Of City Of North Vancouver<br />

Corp Of Dist Of Central Saanich<br />

Corp Of Dist Of North Cowichan<br />

Corp Of Dist Of North Vancouver<br />

Page No:<br />

Run Date:<br />

Run Time:<br />

4<br />

8/27/<strong>2007</strong><br />

2:08:<strong>31</strong>PM<br />

297,022<br />

11,039,228<br />

533,229<br />

1,260,727<br />

254,747<br />

43,445<br />

27,344<br />

29,130<br />

34,895<br />

92,801<br />

8,<strong>31</strong>5,261<br />

35,<strong>31</strong>8<br />

50,305<br />

60,435<br />

86,<strong>31</strong>4<br />

37,323<br />

26,712<br />

38,040<br />

46,814<br />

32,442<br />

16,132,878<br />

60,813<br />

1,757,888<br />

38,723<br />

651,061<br />

146,016<br />

175,973<br />

60,338<br />

66,702<br />

49,455<br />

39,368<br />

27,912<br />

119,617<br />

1,603,268<br />

120,876<br />

69,811<br />

606,621<br />

27,135<br />

71,077<br />

42,364<br />

107,403<br />

446,120<br />

29,542<br />

1,689,109<br />

897,<strong>31</strong>6<br />

33,213<br />

550,700<br />

752,232<br />

82,150<br />

58,292<br />

77,528<br />

110,366<br />

30,946<br />

28,669<br />

<strong>31</strong>2,379<br />

636,695<br />

336,658<br />

1,549,075<br />

1,974,117


Report ID: HYFIA002 HYDRO<br />

Statement of Accounts of $25,000 or more paid<br />

during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong><br />

Corp Of The City Of Cranbrook<br />

Corp Of The City Of Duncan<br />

Corp Of The City Of Fernie<br />

Corp Of The City Port Coquitlam<br />

Corp Of The Dist Of Maple Ridge<br />

Corp Of The Dist Of Saanich<br />

Corp Of The Town Of Esquimalt<br />

Corp. Of The Dist. Of Oak Bay<br />

Corp. of the District of Pitt Meadows<br />

Corp. of the Township of Spallumcheen<br />

Corporate Executive Board<br />

Corporate Express Canada Inc.<br />

Cossette Communication Inc.<br />

Counterpoint Communications Inc.<br />

Counterspil Research Inc.<br />

Country Tree Service Ltd.<br />

Co-Van International Trucks Inc<br />

Cover-All Pacific<br />

Coveside Consulting Inc.<br />

Cowichan 2008 North American<br />

Coyle & Greer Awards Canada Ltd<br />

CRA International, Inc.<br />

Craig McCook<br />

Craig Strachan<br />

Crane Creek Enterprises<br />

Crane Force Sales Inc.<br />

Cratex Container Sales<br />

Create Your Own Events<br />

Creative Promotions Group Ltd.<br />

Crescent Bay Construction Ltd.<br />

Cres<strong>to</strong>n Valley Wildlife Mngt. Area<br />

Cross<strong>to</strong>wn Carriers Ltd.<br />

Crown Corporation Employers'<br />

CSG Security Inc.<br />

CTP Distribu<strong>to</strong>rs-Cus<strong>to</strong>m Truck Parts Inc.<br />

Cullen Diesel Power Ltd.<br />

Culminex Inc.<br />

Cummins Western Canada<br />

Cushman & Wakefield LePage Inc.<br />

Cus<strong>to</strong>m Dozing<br />

Cutler-Hammer Canada Ltd.<br />

CW International Ltd.<br />

CWA Engineers Inc.<br />

Cyme International Inc.<br />

Cypress Systems Inc.<br />

D & D Delivery Service Ltd.<br />

D. Burt & Associates<br />

D.A. Townley & Associates<br />

D.J. Silviculture Ent. Ltd.<br />

Dacon Equipment Ltd.<br />

Daimlerchrysler Canada Inc.<br />

Daniels Electronics Ltd.<br />

Darmel Contracting Ltd.<br />

Darren Sokoloski<br />

Dave Lewis<br />

Dave's Plumbing<br />

Davey Tree Expert Co. of Canada Ltd.<br />

David G.A. Watts<br />

David H. Thomas<br />

332,151<br />

43,663<br />

87,449<br />

365,714<br />

1,217,039<br />

1,734,518<br />

428,274<br />

107,834<br />

160,585<br />

197,355<br />

501,517<br />

1,179,146<br />

1,145,083<br />

28,826<br />

28,088<br />

54,722<br />

678,365<br />

45,599<br />

40,145<br />

200,000<br />

30,755<br />

89,374<br />

38,397<br />

79,417<br />

154,882<br />

59,043<br />

90,870<br />

127,526<br />

1,247,643<br />

44,248<br />

370,047<br />

117,594<br />

35,970<br />

38,710<br />

238,423<br />

95,221<br />

66,061<br />

67,727<br />

30,756<br />

82,113<br />

254,007<br />

95,802<br />

48,240<br />

28,565<br />

27,432<br />

62,566<br />

28,767<br />

284,932<br />

37,258<br />

35,242<br />

2,117,163<br />

<strong>31</strong>,287<br />

156,027<br />

73,115<br />

68,655<br />

57,414<br />

5,415,996<br />

66,696<br />

107,956<br />

Davies Consulting<br />

Dawson Creek Moving&S<strong>to</strong>rage Ltd<br />

Day <strong>to</strong> Day Safety Consultants<br />

DC Welding & Fabrication Ltd.<br />

DDB Canada<br />

De Leeuw Managerial & Technical<br />

Dean K. Cardno<br />

Debbie Fisher<br />

Deborah Soo Lum<br />

Decima Research Inc.<br />

Decker Lake Forest Products Ltd<br />

Dediluke Land Surveying Inc<br />

Dee's Pro Traffic Control<br />

DEH Materials Consulting Ltd.<br />

Dell Computer Corporation<br />

Deloitte Inc.<br />

Delphi Solutions Corp.<br />

Delphine's Traffic Control<br />

Delstar Energie Inc.<br />

Delta Hotels Limited<br />

Delta Scientific Corporation<br />

Demand Side Energy Consult. Inc<br />

Denise Duchene Consulting Inc.<br />

Denise Mullen-Dalmer<br />

Dennis Moore Engineering Inc.<br />

Dennis Wiens<br />

DG Technologies Ltd.<br />

DHL Express (Canada) Ltd.<br />

Diamond 'D' Contracting Ltd.<br />

Dickson Murray<br />

Diesel Equipment Limited<br />

Dig It Contracting<br />

Dig Right Enterprises Ltd.<br />

Dilo Co. Inc.<br />

Direct Energy Business Services<br />

Discovery Diesel Electric 2006 Ltd.<br />

Distribution Vision 2010 LLC<br />

District Of 100 Mile House<br />

District Of Campbell River<br />

District Of Chetwynd<br />

District Of Coldstream<br />

District Of Elkford<br />

District Of Fort St. James<br />

District Of Highlands<br />

District Of Hope<br />

District Of Hous<strong>to</strong>n<br />

District Of Hudson's Hope<br />

District Of Invermere<br />

District Of Kitimat<br />

District of Lake Country<br />

District of Langford<br />

District of Lillooet<br />

District of Logan Lake<br />

District Of Mackenzie<br />

District of Metchosin<br />

District Of Mission<br />

District Of New Hazel<strong>to</strong>n<br />

District Of North Saanich<br />

District Of Port Edward<br />

Page No:<br />

Run Date:<br />

Run Time:<br />

5<br />

8/27/<strong>2007</strong><br />

2:08:<strong>31</strong>PM<br />

82,989<br />

42,307<br />

36,490<br />

297,042<br />

5,362,152<br />

184,147<br />

170,809<br />

149,845<br />

115,198<br />

547,086<br />

1,201,163<br />

46,422<br />

39,412<br />

83,604<br />

27,701<br />

1,633,974<br />

55,549<br />

37,513<br />

132,867<br />

56,925<br />

170,888<br />

53,000<br />

64,975<br />

50,911<br />

92,087<br />

74,900<br />

68,580<br />

236,795<br />

83,579<br />

244,040<br />

206,837<br />

129,190<br />

382,940<br />

134,124<br />

95,620<br />

88,908<br />

28,154<br />

141,230<br />

2,856,019<br />

264,229<br />

119,339<br />

138,558<br />

67,714<br />

79,561<br />

119,668<br />

218,869<br />

2,194,170<br />

38,417<br />

471,185<br />

155,000<br />

283,151<br />

469,387<br />

346,788<br />

896,608<br />

71,229<br />

2,214,749<br />

51,949<br />

186,196<br />

150,5<strong>31</strong>


Report ID: HYFIA002 HYDRO<br />

Statement of Accounts of $25,000 or more paid<br />

during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong><br />

District Of Port Hardy<br />

District Of Salmon Arm<br />

District of Sechelt<br />

District of Sicamous<br />

District Of Sooke<br />

District of Sparwood<br />

District Of Squamish<br />

District Of Stewart<br />

District Of Taylor<br />

District Of Tofino<br />

District Of Tumbler Ridge<br />

District of Ucluelet<br />

District Of Vanderhoof<br />

Diversified Consulting<br />

Diversified Environmental Serv.<br />

DJ & J Enterprises Ltd.<br />

DL Overholt Management Services<br />

DMG World Media (Canada) Inc.<br />

DNA Data Networking and Assemblies Ltd.<br />

Doble Engineering Co.<br />

Dobney Foundry Co. Limited<br />

DoCube Engineering, Inc.<br />

Dogwood Transport Ltd.<br />

Dominion Blue Reprographics<br />

Don Charl<strong>to</strong>n Ltd.<br />

Dondale Contracting<br />

Dondi Elvambuena<br />

Doran Taylor Power Partnership<br />

Dorsey & Whitney LLP<br />

Double T Spacers<br />

Dow Jones Reuters Business Interactive<br />

Dowling Consulting Group<br />

DTA Contracting Ltd.<br />

DTM Systems Corporation<br />

Duncan Electric Mo<strong>to</strong>r Ltd.<br />

Dwayne Payne Consulting<br />

DWB Forestry Services Ltd.<br />

Dywidag Systems Intl Canada Ltd<br />

E & B Helicopters Ltd.<br />

E & K Construction<br />

E Source Companies, LLC<br />

E.A. Denhoff & Associates<br />

E.B. Horsman & Son Ltd.<br />

Eagle View Security Ltd.<br />

Eagle West Truck & Crane Inc.<br />

Earth Tech Canada Inc.<br />

Earth Vac Environmental Ltd.<br />

East Twin Creek <strong>Hydro</strong> Ltd.<br />

Easy Print Inc.<br />

EBA Engineering Consultants Ltd<br />

Ebco Industries Ltd.<br />

Ebco Metal Finishing L.P.<br />

Ebsco Canada Ltd.<br />

ECA - Quality Verification Inc.<br />

Ecofish Research Ltd.<br />

Ecole Polytechnique Federale de Lausanne<br />

Ecometric Research Inc.<br />

Econex Corporation<br />

Econotech Services Limited<br />

108,504<br />

360,850<br />

132,354<br />

53,236<br />

143,098<br />

<strong>31</strong>1,598<br />

1,160,226<br />

54,459<br />

276,830<br />

29,574<br />

177,272<br />

25,345<br />

126,142<br />

113,266<br />

37,9<strong>31</strong><br />

58,422<br />

128,987<br />

42,254<br />

32,216<br />

821,239<br />

261,095<br />

106,240<br />

118,893<br />

62,508<br />

49,602<br />

180,914<br />

80,754<br />

1,721,5<strong>31</strong><br />

51,628<br />

176,486<br />

71,600<br />

130,384<br />

59,424<br />

126,842<br />

49,199<br />

84,695<br />

323,203<br />

26,700<br />

49,748<br />

40,780<br />

143,891<br />

185,662<br />

897,247<br />

66,945<br />

43,414<br />

189,808<br />

435,600<br />

1,188,794<br />

<strong>31</strong>,913<br />

416,344<br />

67,954<br />

68,145<br />

51,446<br />

90,186<br />

61,077<br />

130,884<br />

56,456<br />

44,266<br />

29,360<br />

Ecos Consulting<br />

Ecowaste Industries Ltd.<br />

ECS Electrical Cable Supply Ltd<br />

Ecteon<br />

Ederer, LLC<br />

Edge Training & Consulting Ltd.<br />

Edgewood Holdings Ltd.<br />

EDI Environmental Dynamics Inc.<br />

Edison Electric Institute<br />

Edwards Powerline Ltd.<br />

Eecol Electric (Sask) Ltd.<br />

Eecol Electric Corp.<br />

Egistra Innovation Ltd.<br />

EITI Ltd.<br />

Elaine Hassell<br />

Electric Insulation Materials<br />

Electro Composites Inc.<br />

Electro Rent Corp.<br />

Electro Sonic Inc.<br />

Electromech<br />

Eleven Stars Enterprises Inc.<br />

Ellice Recycle Ltd.<br />

Elneweih Consulting Inc.<br />

Elstra, Learning Strategists<br />

Emerge Learning<br />

Emspec Electro Mechanical Systems Inc.<br />

Energetic Marketing<br />

Energitix Management and Consulting Corp<br />

Energy & Environmental Economics Inc.<br />

Energy Vision Inc.<br />

Energy X Systems Ltd.<br />

EnergyINet Inc.<br />

Enermax Fabrica<strong>to</strong>rs Ltd.<br />

EnerSolve Management Inc.<br />

Enervita Consulting<br />

Enerwise Global Technologies Inc.<br />

Enmagen Inc.<br />

Envinta Inc<br />

Environmental Management Services Ltd.<br />

Epcor Power Holdings Corp.<br />

EPRI<br />

Equity Valuation & Consulting Services<br />

Ernst & Young LLP<br />

Erron Consulting Ltd.<br />

ESC Electrical Service Contracting Ltd.<br />

Esketemc First Nation<br />

Essa Technologies Ltd.<br />

Esther Guimond<br />

Ewan & McKenzie In Trust<br />

Exclusive Mechanical Systems Ltd.<br />

Executive House Power<br />

Executive Results Consulting<br />

Exhibitree Display Services Inc<br />

Exide Technologies Inc.<br />

Ex<strong>to</strong>n, Dodge & Galibois Land Surveying<br />

Ezra Rosen Consulting Inc.<br />

F & G Delivery Ltd.<br />

F & M Installations Ltd.<br />

Fairmont Waterfront<br />

Page No:<br />

Run Date:<br />

Run Time:<br />

6<br />

8/27/<strong>2007</strong><br />

2:08:<strong>31</strong>PM<br />

27,967<br />

142,206<br />

655,497<br />

59,450<br />

26,489<br />

32,726<br />

86,962<br />

177,998<br />

41,501<br />

410,457<br />

3,183,550<br />

301,<strong>31</strong>4<br />

25,133<br />

1,213,469<br />

29,904<br />

66,579<br />

224,795<br />

25,559<br />

71,298<br />

72,368<br />

92,679<br />

29,459<br />

29,510<br />

30,785<br />

112,669<br />

136,539<br />

59,845<br />

89,800<br />

56,385<br />

323,839<br />

198,150<br />

26,500<br />

105,769<br />

167,387<br />

91,401<br />

48,359<br />

122,926<br />

116,322<br />

69,476<br />

4,286,035<br />

525,070<br />

30,018<br />

343,335<br />

153,502<br />

910,520<br />

79,738<br />

<strong>31</strong>,911<br />

26,100<br />

27,038<br />

45,105<br />

517,602<br />

72,780<br />

51,032<br />

25,761<br />

138,537<br />

48,388<br />

53,063<br />

1,762,326<br />

129,624


Report ID: HYFIA002 HYDRO<br />

Statement of Accounts of $25,000 or more paid<br />

during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong><br />

Falcon Equipment Ltd.<br />

Famous Players Limited Partnership<br />

Far-Ko Contracting Ltd.<br />

Farris, Vaughan, Wills & Murphy<br />

Fas Gas Oil Ltd.<br />

Fasken Martineau DuMoulin LLP<br />

Fasken Martineau DuMoulin LLP IN TRUST<br />

Fast-Track Floors Ltd.<br />

FCI Canada Inc.<br />

Federated Co-Operatives Ltd.<br />

Ferax Consulting Corp.<br />

Ferguson & Associates<br />

Fido Solutions Inc.<br />

Filenet Canada Inc.<br />

Finning International Inc.<br />

First Aid & Survival Tech. Ltd.<br />

First Canadian Logistics Ltd.<br />

Fisher Scientific Ltd.<br />

Flag Chevrolet Oldsmobile Ltd.<br />

Flir Systems Ltd.<br />

Forintek Canada Corp.<br />

Formula Pile & Bridge<br />

Forrest Wagner<br />

Forrester Research, Inc.<br />

Forsite Consultants Ltd.<br />

Fort St. John Valve & Fitting<br />

Fortis<strong>BC</strong> Inc.<br />

Fortune Electric Co., Ltd.<br />

Forwords Communication Inc.<br />

Fountain Valley Enterprises Ltd<br />

Fraser Basin Council<br />

Fraser River Pile & Dredge Ltd.<br />

Fraser Valley Regional District<br />

Fred Thompson Contrac<strong>to</strong>rs 1991 Ltd.<br />

Freelance Tree Service Inc.<br />

Frequency Coordination System<br />

Freshwater Fisheries Society of <strong>BC</strong><br />

Fricia Construction Inc.<br />

Frontier Geosciences Inc.<br />

Frontier Power Products Ltd.<br />

Frontline Resources (2004) Inc.<br />

Fuel Cells Canada<br />

Fuji Electric Corp. of America<br />

Fujikura America Inc.<br />

Full Spectrum Enterprises Ltd.<br />

Funktional Electric & Utility Services<br />

Furry Creek Power Ltd.<br />

Future Shop<br />

G & C Contracting<br />

G & M Ventures<br />

G. & P. Ventures Ltd.<br />

G. Veale Holdings Ltd.<br />

G.N. Johns<strong>to</strong>n Equipment Co. Ltd<br />

G.W. Mahan<br />

Gabriella Szabo<br />

Galbraith Powerline Contr. Ltd.<br />

Garaventa Canada<br />

Garforth International LLC<br />

Garlock Of Canada Ltd.<br />

1,216,825<br />

150,000<br />

78,239<br />

133,511<br />

42,660<br />

1,652,125<br />

2,043,466<br />

136,715<br />

329,607<br />

116,222<br />

107,781<br />

696,670<br />

<strong>31</strong>,026<br />

527,643<br />

1,503,697<br />

160,183<br />

43,503<br />

26,613<br />

307,327<br />

103,479<br />

88,333<br />

134,223<br />

<strong>31</strong>,988<br />

37,426<br />

69,332<br />

43,268<br />

1,085,233<br />

28,504<br />

38,756<br />

96,629<br />

55,870<br />

1,396,238<br />

41,924<br />

3,994,330<br />

159,542<br />

<strong>31</strong>,724<br />

377,114<br />

139,390<br />

53,696<br />

325,994<br />

170,206<br />

51,650<br />

27,0<strong>31</strong><br />

936,882<br />

79,718<br />

32,322<br />

2,610,337<br />

94,693<br />

59,441<br />

40,015<br />

26,868<br />

97,638<br />

27,403<br />

63,145<br />

65,799<br />

2,089,456<br />

30,000<br />

77,720<br />

30,954<br />

Garry Pierre<br />

Garth's Electric Co. Ltd.<br />

Gartner Canada, Co.<br />

Gary Wong & Associates<br />

Gasfield Plumbing & Heating Ltd<br />

GE Capital Fleet Services<br />

GE Commercial Finance<br />

GE Energy Management Services Inc.<br />

GE Energy Services<br />

GE Packaged Power Inc.<br />

GEA Heating and Equipment Technology Ltd<br />

Gear-O-Rama Supply Ltd.<br />

General Electric Canada<br />

General Electric Canada Inc.<br />

General Electric Canada International<br />

Generation Maintenance<br />

Genstar Development Co.<br />

Geonorth Engineering Ltd.<br />

George Third & Son<br />

Gerald & Karen White<br />

Gestalt<br />

Gilbert H. Shaw<br />

Gilbert Smith Forest Products<br />

Gilnockie Inspection Ltd.<br />

Gisborne Industrial Construction Ltd.<br />

Glen Labby Contracting Ltd.<br />

Glenn Power Contrac<strong>to</strong>rs Ltd.<br />

Glenn Yates<br />

Glen's Backhoe Service<br />

Glentel Inc.<br />

Glenwood Motel<br />

Glidden Paints<br />

Global Energy Decisions Inc<br />

Global Footprint Network<br />

Global Knowledge Network<br />

Global Rental Canada, Ulc<br />

Global Reporting Initiative<br />

Globalstar Canada Satellite Co.<br />

Globe Foundation Of Canada<br />

GLP Canada<br />

GNA Consulting Group Ltd.<br />

Gold Coast Coffee Co.<br />

Gold Key Pontiac Buick 1984 Ltd<br />

Golder Associates Ltd.<br />

Golder Ecofys Solutions Ltd.<br />

Goldwing Flyte Inc.<br />

Goodmans LLP<br />

Gordon Crane & Hoist Inc.<br />

Gordon D. Fonstad<br />

Gottler Bros. Trucking &<br />

Governor Control Sales & Services Ltd.<br />

Gowling Lafleur Henderson LLP<br />

Graf<strong>to</strong>n Utility Supply<br />

Gravitec Systems Inc.<br />

Graydon Contracting Ltd.<br />

Great Bear Forest Management Inc.<br />

Great West Disposal Inc.<br />

Greater Vancouver Regional District<br />

Green Buildings <strong>BC</strong><br />

Page No:<br />

Run Date:<br />

Run Time:<br />

7<br />

8/27/<strong>2007</strong><br />

2:08:<strong>31</strong>PM<br />

33,760<br />

198,672<br />

36,500<br />

125,045<br />

220,532<br />

271,642<br />

675,600<br />

474,057<br />

99,130<br />

1,439,883<br />

57,108<br />

84,276<br />

2,848,967<br />

38,159<br />

36,287<br />

181,885<br />

28,294<br />

30,120<br />

469,063<br />

82,944<br />

129,955<br />

29,630<br />

35,695<br />

242,482<br />

706,526<br />

63,907<br />

1,501,771<br />

33,267<br />

59,328<br />

25,324<br />

25,749<br />

27,837<br />

465,472<br />

37,572<br />

27,223<br />

1,640,309<br />

36,030<br />

168,378<br />

41,050<br />

33,105<br />

382,076<br />

47,244<br />

298,848<br />

1,870,636<br />

76,203<br />

695,094<br />

26,573<br />

142,810<br />

43,137<br />

33,549<br />

33,767<br />

51,352<br />

2,356,605<br />

41,118<br />

1,390,119<br />

66,091<br />

49,585<br />

9,584,440<br />

30,000


Report ID: HYFIA002 HYDRO<br />

Statement of Accounts of $25,000 or more paid<br />

during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong><br />

Greenbank Environmental Services<br />

GreenField (Canada) Inc.<br />

Gregg Distribu<strong>to</strong>rs Co. Ltd.<br />

Greif Bros. Canada Inc.<br />

Grosvenor Canada Ltd.<br />

Groundhogs Construction Ltd.<br />

Ground-It.Com Consulting Ltd.<br />

Guardian Angels Traffic Control<br />

Guild, Yule & Company "In Trust"<br />

Guillevin International Co.<br />

Gwil Industries Inc.<br />

H & H Welding Fabrication & Rental Ltd.<br />

H. & J. Ready Mix Ltd.<br />

Habart & Assoc. Consulting Inc.<br />

Haida Tribal Society<br />

Hamling Lakes Contracting Ltd.<br />

Harbour Centre Complex Limited<br />

Harris Canada, Inc.<br />

Harrison Hot Springs Resort<br />

Harrison Ind. Contracting Ltd.<br />

Harry W. Mah<br />

Hatch Acres Incorporated<br />

Hatch Energy<br />

Hatter, Thompson, Shumka & McDonagh<br />

Hawker Siddeley Switchgear Limited<br />

Hay Group Limited<br />

Hazco Environmental Services Ltd.<br />

Hazmasters Environmental<br />

HD Supply Utilities<br />

HD Tree Service Ltd.<br />

Head2Head <strong>BC</strong> Inc.<br />

Heenan Blaikie LLP<br />

Heenan Tree Services Ltd.<br />

Helen Whittaker Consulting<br />

Helifor Industries Ltd.<br />

Hemlock Printers Ltd.,<br />

Hemmera Envirochem Inc.<br />

Henville Consulting Inc<br />

Henwood Energy Services Inc.<br />

Heritage Office Furnishings Ltd<br />

Herman Miller Workplace Resource Vancouv<br />

Hewitt Associates<br />

Hewlett Packard (Canada) Ltd.<br />

Hewlett-Packard <strong>Financial</strong><br />

High Line Utilities Inc.<br />

High Terrain Helicopters Ltd.<br />

High Voltage Services Ltd.<br />

Highland Helicopters Ltd.,<br />

Highland Powerlines Ltd.,<br />

Highland Tree Service Ltd.<br />

Hil<strong>to</strong>n Vancouver Metro<strong>to</strong>wn<br />

Hodgson King & Marble Ltd.<br />

Home Depot Canada Inc.<br />

Homeworks Services Inc.<br />

Horizon Developments Ltd.<br />

Horizon Paint & Au<strong>to</strong> Supplies<br />

Horizon Tree Service Ltd.<br />

Hor<strong>to</strong>n Au<strong>to</strong>mation Inc.<br />

Hoskin Scientific Ltd.<br />

159,071<br />

86,686<br />

121,271<br />

40,066<br />

51,381<br />

76,278<br />

42,152<br />

47,587<br />

35,000<br />

1,1<strong>31</strong>,155<br />

329,577<br />

1,133,758<br />

267,105<br />

62,304<br />

93,326<br />

89,236<br />

45,000<br />

32,068<br />

368,913<br />

56,166<br />

89,977<br />

755,704<br />

26,092<br />

30,000<br />

1,007,796<br />

40,611<br />

612,558<br />

80,345<br />

257,788<br />

678,836<br />

96,091<br />

109,432<br />

94,426<br />

48,643<br />

<strong>31</strong>,142<br />

181,361<br />

566,530<br />

102,325<br />

49,115<br />

920,520<br />

182,6<strong>31</strong><br />

1,302,744<br />

109,326<br />

42,365<br />

190,170<br />

99,810<br />

265,735<br />

347,194<br />

2,929,471<br />

56,200<br />

120,854<br />

4,082,786<br />

145,6<strong>31</strong><br />

37,439<br />

1,555,135<br />

<strong>31</strong>,201<br />

154,947<br />

221,936<br />

82,128<br />

Houle Electric Limited<br />

Howard Huwer<br />

HR & HS Services<br />

Hubbell Canada Inc.<br />

Hudson's Bay Company<br />

Hudson's Hope Ski Association<br />

Huge Power Consulting Inc.<br />

Hul'Qumi'Num Treaty Group<br />

Hupacasath First Nation<br />

Husky Oil Ltd.<br />

Hydraulic Institute<br />

Hydrecs<br />

<strong>Hydro</strong>gen & Fuel Cell Conference<br />

<strong>Hydro</strong>research<br />

Hyland Excavating Ltd.<br />

Hyundai Heavy Industries (Canada)<br />

I.C. Ramsay & Associates<br />

I.G. Gavac & Son Inc.<br />

Ian Hayward International Ltd.<br />

Ian Martin Ltd.<br />

I'anco Products Ltd.<br />

IBM Canada Ltd.<br />

Iceman Refrigeration & Recovery<br />

ICI Canada Inc.<br />

Ici Paints (Canada) Inc.<br />

Ideal Security Inc<br />

IHS Energy Group<br />

Ikon Office Solutions Inc.<br />

Image Group Inc.<br />

Impac Canada Company<br />

Impact Reforestation Ltd.<br />

Imperial Oil Limited<br />

Imperial Overhead Crane Corp.<br />

Imperial Parking Canada Corporation<br />

Imperial Parking Ltd.<br />

Independant Flaggers Ltd.<br />

Independent Electric & Controls Ltd.<br />

Independent Power Producers<br />

Independent Project Analysis<br />

Indigenous Corporate Training Inc.<br />

Indufast Ind. Fasteners Ltd.<br />

Indus International Canada Inc.<br />

Industrial Solutions Inc.<br />

Infinite Development Corporation<br />

Inforbiz Consulting Services<br />

Infosat Communications, Inc.<br />

Infrasource Services (Canada) ULC<br />

Inland Air Charters Ltd.<br />

Inn At Westminster Quay<br />

Innovative Steam Technologies<br />

In-Phase Power Consulting<br />

Insights Vancouver<br />

Institute of Chartered Accountants<br />

Instream Fisheries Consultants<br />

InStream Fisheries Research Inc.<br />

Insurance Corporation Of B.C.<br />

Integrated Cadastral <strong>Information</strong> Society<br />

Integris Metals Inc.<br />

Integrity Environmental Services Ltd.<br />

Page No:<br />

Run Date:<br />

Run Time:<br />

8<br />

8/27/<strong>2007</strong><br />

2:08:<strong>31</strong>PM<br />

151,415<br />

66,022<br />

32,482<br />

676,172<br />

69,261<br />

50,000<br />

29,872<br />

50,000<br />

202,687<br />

64,361<br />

29,503<br />

44,299<br />

26,500<br />

45,950<br />

3,416,280<br />

13,162,087<br />

78,123<br />

37,719<br />

212,711<br />

300,172<br />

27,507<br />

305,405<br />

208,614<br />

33,635<br />

32,604<br />

26,892<br />

161,<strong>31</strong>7<br />

50,913<br />

<strong>31</strong>3,262<br />

75,617<br />

26,006<br />

10,539,994<br />

786,413<br />

58,305<br />

281,694<br />

37,070<br />

116,000<br />

94,141<br />

70,278<br />

26,514<br />

26,732<br />

1,533,088<br />

54,978<br />

25,360<br />

165,622<br />

101,150<br />

124,580<br />

37,713<br />

45,169<br />

72,046<br />

210,443<br />

36,818<br />

70,1<strong>31</strong><br />

41,226<br />

166,585<br />

1,647,724<br />

159,001<br />

62,033<br />

28,110


Report ID: HYFIA002 HYDRO<br />

Statement of Accounts of $25,000 or more paid<br />

during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong><br />

Intercoast Construction Ltd.<br />

Interior Machine Works Ltd<br />

Interior Reforestation Co. Ltd.<br />

Interior Warehousing Ltd.<br />

Interlox Building Systems Ltd.<br />

International Forest Products Ltd.<br />

International Transportation<br />

Interoute Construction Ltd.<br />

Interproject Systems Inc.<br />

Intrawest Corporation<br />

Invensys Systems Canada Inc.<br />

Investment Training & Consulting<br />

IOS <strong>Financial</strong> Services<br />

Iota Construction Ltd.<br />

IPEX Inc.<br />

IQ Builders Ltd.<br />

Iris Power Engineering Inc.<br />

Iris Power LP<br />

Iron Mountain Canada Corp.<br />

Irwin Commercial Finance<br />

Ise Consulting Group<br />

Island Asphalt Company<br />

Island Key Computer Ltd.<br />

Island Traffic Services Ltd.<br />

Island Tug & Barge Ltd.<br />

Itron Canada Inc.<br />

Itron Inc.<br />

ITT Flygt<br />

Ivanhoe Cambridge II Inc.<br />

Ivanhoe Loader Service<br />

J & R Services<br />

J. Jarvis & Associates<br />

J. Kerschbaumer Inc.<br />

J. Mandryk Associates Inc.<br />

J. Pocher Consult Inc.<br />

J. Taylor & Associates<br />

J. Weir<br />

J.D. Power & Associates<br />

J.L. Career Strategies<br />

J.P. Morgan Securities Ltd.<br />

J.R. Industrial Supplies Ltd.<br />

J.W. Hedley<br />

Jace Holdings Ltd<br />

Jack Lewin Associates Ltd<br />

Jaco Environmental Systems Company<br />

Jaco Powerlines Ltd.<br />

Jacques Desbaillets Foundation<br />

Jacques Whitford Limited<br />

Jake - Jay Holdings Ltd. (2006)<br />

James Anderson Investments Ltd.<br />

James Hoggan Associates Inc.<br />

James Vipond<br />

Janet David & Associates Inc.<br />

Janox Fluid Power Ltd.<br />

Jason's Backhoe<br />

JCL Business Solutions Inc.<br />

Jeff Ankenman/Sue Mcmurtrie<br />

Jeff Sneep<br />

Jepson Petroleum Ltd.<br />

1,742,666<br />

48,682<br />

82,028<br />

185,754<br />

411,262<br />

38,171<br />

40,125<br />

159,096<br />

29,367<br />

38,986<br />

184,092<br />

39,526<br />

72,9<strong>31</strong><br />

195,671<br />

114,155<br />

297,282<br />

43,563<br />

66,023<br />

190,032<br />

<strong>31</strong>,692<br />

672,473<br />

278,141<br />

1,202,432<br />

300,943<br />

186,781<br />

3,594,961<br />

253,889<br />

27,146<br />

69,404<br />

25,134<br />

75,841<br />

114,139<br />

30,411<br />

89,484<br />

52,049<br />

64,446<br />

58,376<br />

46,767<br />

36,132<br />

96,040<br />

53,223<br />

29,309<br />

25,682<br />

179,296<br />

863,385<br />

2,553,832<br />

30,000<br />

706,345<br />

77,758<br />

53,875<br />

40,125<br />

77,579<br />

58,259<br />

112,501<br />

166,537<br />

181,900<br />

58,541<br />

83,480<br />

46,675<br />

Jeremy Baxter<br />

Jewel Moving & S<strong>to</strong>rage Co. Ltd.<br />

Jian Kwei Lou<br />

Jiexia (Cathy) Zhu<br />

Jim Dent Construction Ltd.<br />

Jim Dickie<br />

Jim Kozak<br />

Jim Pattison Broadcast Group LP<br />

JJM Construction Ltd.<br />

Joe Crozier<br />

Joe Davison<br />

John Bidder & Associates<br />

John Hunter Co. Ltd.<br />

John Kirk<br />

John Riming<strong>to</strong>n<br />

John W. Mattice<br />

John Watson Ltd.<br />

Johns<strong>to</strong>n & Associates Ltd.<br />

Johns<strong>to</strong>ne Boiler & Tank Ltd.<br />

Joint Industry Electricity Steering<br />

Jones & S<strong>to</strong>kes Associates<br />

JSK Traffic Control Services<br />

JTech Communications Ltd.<br />

JTM Consulting Ltd.<br />

JTS Consulting<br />

Juanita Poirier<br />

Judith Marcuse Projects<br />

Justice Institute Of B.C.<br />

K & S Heating<br />

K. Pearson Contracting Ltd.<br />

K.A.T.S. Mobile First Aid<br />

Kal Tire<br />

Kamloops Communications Inc.<br />

Kamloops Indian Band<br />

Karlin Enterprises<br />

Karma Midnight Ventures Ltd.<br />

Karyo Communications Inc.<br />

Kasco Consulting Ltd.<br />

Kaska Tribal Council<br />

Katzie First Nation<br />

Kaverit Steel & Crane Ltd.<br />

Kedco Construc<strong>to</strong>rs Ltd.<br />

Kellogg, Huber, Hansen, Todd, Evans<br />

Kelly Almasch Consulting<br />

Kelly Services (Canada), Ltd.<br />

Ken Baker<br />

Ken Byron Excavating<br />

Ken R. Jones<br />

Ken Spafford<br />

Kerley & Associates Forestry<br />

Key Largo Electric<br />

Keys<strong>to</strong>ne Wildlife Research<br />

Kimco Controls Ltd.<br />

Kinectrics Inc.<br />

Kinetic Construction Ltd.<br />

King Motion Picture<br />

Kingbird Biological Consultants Ltd.<br />

Kingfisher Silviculture Ltd.<br />

K-Line Insula<strong>to</strong>rs Limited<br />

Page No:<br />

Run Date:<br />

Run Time:<br />

9<br />

8/27/<strong>2007</strong><br />

2:08:<strong>31</strong>PM<br />

65,845<br />

63,793<br />

91,091<br />

46,688<br />

1,405,627<br />

148,949<br />

70,906<br />

34,<strong>31</strong>8<br />

10,681,494<br />

79,795<br />

108,226<br />

164,162<br />

348,787<br />

65,539<br />

104,250<br />

147,580<br />

26,309<br />

34,525<br />

329,343<br />

95,016<br />

283,602<br />

127,945<br />

51,709<br />

<strong>31</strong>0,936<br />

60,778<br />

93,763<br />

25,000<br />

82,383<br />

35,117<br />

50,298<br />

64,602<br />

218,021<br />

79,547<br />

42,553<br />

48,444<br />

230,752<br />

161,994<br />

28,136<br />

993,954<br />

41,296<br />

93,707<br />

2<strong>31</strong>,508<br />

83,306<br />

53,306<br />

34,823<br />

29,827<br />

29,504<br />

36,872<br />

38,183<br />

159,249<br />

588,812<br />

627,051<br />

35,548<br />

42,450<br />

968,194<br />

51,750<br />

28,839<br />

61,745<br />

133,854


Report ID: HYFIA002 HYDRO<br />

Statement of Accounts of $25,000 or more paid<br />

during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong><br />

Klohn Crippen Berger Ltd.<br />

Klohn-Crippen Consultants Ltd.<br />

Kmander Consulting<br />

KMBR Architects<br />

Kms Tools & Equipment Ltd.<br />

Knight Piesold Ltd.<br />

Knightsbridge Human Capital<br />

Kodiak Powerline Contrac<strong>to</strong>rs Ltd<br />

Kodiak Resource Management<br />

Kokanee Helicopters Inc.<br />

Kone Inc.<br />

Konica Minolta Business Solutions<br />

Kootenai Resource Advantage Ltd<br />

Kootenay Industrial Supply Ltd.<br />

Kootenay Wildlife Services Ltd.<br />

Korn/Ferry International<br />

KPC Coatings Group<br />

KPMG LLP<br />

Kren Fabrica<strong>to</strong>rs Ltd.<br />

KTI Limited<br />

Ktunaxa Kinbasket Development Corp.<br />

Ktunaxa Nation Council<br />

Kunwarjit Khandpur<br />

Kwadacha First Nation<br />

Kwantlen First Nation<br />

Kwikwetlem First Nation<br />

L & L Hanson Construction Ltd.<br />

L & S Electric Inc.<br />

L. Flores & Co. Inc.<br />

L. Hayward Consulting<br />

L.A. Hanson & Associates Ltd.<br />

L.P. Bloomberg<br />

Lakeport Power Ltd.<br />

Land Title and Survey Authority of <strong>BC</strong><br />

Landsong Heritage Consulting Ltd.<br />

Landtec Grounds Experts Ltd.<br />

Lapp Insula<strong>to</strong>rs LLC<br />

Laprairie Electrical Prod. Ltd.<br />

Laprairie Inc.<br />

Latina Investments Ltd.<br />

Laurel Stevens<br />

Law Society Of B.C.<br />

Lawson Lundell<br />

Lawson Products Inc. (Ontario)<br />

Legend Power Systems Inc.<br />

Lehigh Northwest Cement Limited<br />

Lehigh Northwest Materials Ltd.<br />

Les Hall Filter Service (2005) Ltd.<br />

Lessons Learned Substation Solutions<br />

Level<strong>to</strong>n Consultants Ltd<br />

Levitt-Safety Ltd.<br />

Levy Research Services Ltd.<br />

Lewis Enterprises Inc<br />

Lewy's Lawncare & Landscaping<br />

Lex Engineering Ltd.<br />

Lex Pacifica Law Corporation<br />

LexisNexis Canada Inc.<br />

Lgl Limited<br />

Lheidli T'enneh Band<br />

410,922<br />

138,359<br />

77,688<br />

51,207<br />

30,073<br />

590,299<br />

329,052<br />

1,334,976<br />

30,932<br />

452,492<br />

35,823<br />

54,6<strong>31</strong><br />

30,011<br />

41,428<br />

115,260<br />

168,181<br />

41,817<br />

259,309<br />

110,116<br />

228,814<br />

43,116<br />

122,201<br />

92,061<br />

1,202,200<br />

93,705<br />

59,232<br />

599,413<br />

109,480<br />

87,810<br />

62,122<br />

153,898<br />

112,239<br />

54,2<strong>31</strong><br />

64,992<br />

46,994<br />

35,530<br />

65,<strong>31</strong>1<br />

41,076<br />

823,834<br />

29,693<br />

46,384<br />

45,555<br />

2,690,497<br />

70,760<br />

306,530<br />

53,850<br />

27,125<br />

45,706<br />

65,020<br />

34,753<br />

55,490<br />

26,232<br />

90,086<br />

58,880<br />

66,907<br />

68,492<br />

30,662<br />

135,762<br />

26,245<br />

Liard Consulting Ltd.<br />

Libra Tree Service Ltd.<br />

Lillooet Builders World Ltd.<br />

Lillooet Tribal Council<br />

Limno Lab Ltd.<br />

Limnotek Research & Dev. Inc.<br />

Lineman's Testing Labora<strong>to</strong>ries of Canada<br />

LineStar Utility Supply Inc.<br />

LMN Forest Management Ltd.<br />

Logging & Sawmilling Journal<br />

LOHFT Development Ltd.<br />

London Drugs Ltd.<br />

Longhouse Trading Company Ltd.<br />

Lordco Parts Ltd.<br />

Lotek Wireless Inc.<br />

Louisa Dick<br />

Lower Mainland Dock Products Ltd.<br />

Lower Mainland Publishing Group Inc<br />

Lower Nicola Indian Band<br />

LTK Au<strong>to</strong>mation & Controls<br />

Lubrite Technologies<br />

Lubron Bearing Systems<br />

Lumen City Lighting Company Ltd.<br />

Lups Contrac<strong>to</strong>rs Ltd.<br />

LW Professional Consult. Ltd.<br />

Lynx Brand Fence Products Ltd.<br />

Lyt<strong>to</strong>n First Nation<br />

M P Electrical Contracting Ltd.<br />

M. A. Thomas & Associates Ltd.<br />

M.G.O. Cad Drafting<br />

Madrone Environmental Services Ltd.<br />

Mailloux Contracting<br />

Mainland Welding Supplies Ltd.<br />

Mainstream Aquatics Ltd.<br />

Mainstream Biological Consulting<br />

Makloc Buildings Inc.<br />

Malahat Nation<br />

Malaspina College<br />

Manning, Cooper & Associates<br />

Manulife <strong>Financial</strong><br />

Marayne <strong>Financial</strong> Inc.<br />

Marbek Resource Consultants Ltd<br />

Margaret J. Livings<strong>to</strong>ne & Assoc<br />

Maridee Heward<br />

Marion Creek <strong>Hydro</strong>electric Project<br />

Mark Coats<br />

Market Strategies Inc<br />

MarketPOWER Research Inc.<br />

Mark's Work Wearhouse Ltd.<br />

Martech Electrical Systems Ltd.<br />

Martin Inspection Services<br />

Marwin Industries Inc.<br />

Matrikon Inc.<br />

Maxim Power Corp.<br />

Maximizer Software Inc.<br />

Maxwell Floors Ltd.<br />

Maya Vryheid<br />

McCarthy Tetrault<br />

McColl Forestry Ltd.<br />

Page No:<br />

Run Date:<br />

Run Time:<br />

10<br />

8/27/<strong>2007</strong><br />

2:08:<strong>31</strong>PM<br />

303,823<br />

200,733<br />

27,941<br />

57,955<br />

86,286<br />

194,301<br />

49,956<br />

1,724,329<br />

57,650<br />

29,984<br />

71,099<br />

101,788<br />

30,543<br />

237,955<br />

61,229<br />

29,071<br />

25,844<br />

28,495<br />

25,113<br />

128,729<br />

37,438<br />

52,927<br />

118,788<br />

213,937<br />

<strong>31</strong>8,207<br />

58,571<br />

83,259<br />

49,797<br />

106,765<br />

28,335<br />

54,480<br />

40,680<br />

33,872<br />

254,655<br />

41,072<br />

<strong>31</strong>,086<br />

52,000<br />

56,196<br />

103,595<br />

9,924,599<br />

41,823<br />

523,166<br />

40,473<br />

37,039<br />

853,768<br />

30,279<br />

52,225<br />

87,567<br />

91,728<br />

2,6<strong>31</strong>,237<br />

76,464<br />

658,866<br />

30,067<br />

2,721,498<br />

26,984<br />

76,<strong>31</strong>7<br />

57,738<br />

56,445<br />

603,201


Report ID: HYFIA002 HYDRO<br />

Statement of Accounts of $25,000 or more paid<br />

during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong><br />

McCordick Glove & Safety<br />

Mccoy Lake Excavating Ltd.<br />

McDaniels Research<br />

Mcdonald & Ross Constr. Ltd.<br />

McElhanney Consulting Services Ltd.<br />

McFarland Cascade Pole Ltd.<br />

McGregor Hardware Dist. Ltd.<br />

McKenzie Tree Service<br />

McLaren Software<br />

McMahon Cogeneration Plant<br />

McNair Creek <strong>Hydro</strong> Partnership<br />

McRae's Environmental Srvc Ltd.<br />

MDT Technical Services Inc.<br />

Medical Services Plan Of B.C.<br />

Megatech Engineering Ltd.<br />

Megger Ltd.<br />

Melron Sales & Services<br />

Meridian Impex<br />

Meridian Specialties Inc.<br />

Meridian Technologies Ltd.<br />

Merrimack Energy Group, Inc.<br />

Metagnosis Consulting Ltd.<br />

Metro Mo<strong>to</strong>rs Ltd.<br />

Metro Roofing & Sheet Metal Ltd<br />

Metro Testing Labora<strong>to</strong>ries Ltd.<br />

Metropolitan Fine Printers Inc.<br />

Meyers Norris Penny LLP<br />

Mica Consulting Partners<br />

Mica Creek Community Club<br />

Michael Castle<br />

Michael K. Lee<br />

Micra Design<br />

Micro Focus (Canada) Ltd.<br />

Midsun Group Inc.<br />

Midway Power Line Services Ltd<br />

Mike Stamford<br />

Mikisew Cree First Nation<br />

Milham Industries Ltd.<br />

Miller Creek Power Ltd.<br />

Miller Instruments Ltd.<br />

Minister of Finance<br />

Mission Contrac<strong>to</strong>rs Ltd.<br />

Mitsubishi Canada Ltd.<br />

Mitsubishi Electric Power Products Inc.<br />

MJ Power Consulting Inc.<br />

MJ Solutions Inc.<br />

MMK Consulting Inc.<br />

Modern Systems Management Ltd.<br />

Mod-Tronic Instruments Ltd.<br />

Molson Canada<br />

Monashee Surveying & Geomatics<br />

Money Family Projects Ltd.<br />

Moni<strong>to</strong>r (International) Limited<br />

Montenay Inc.<br />

Moody's Inves<strong>to</strong>rs Service<br />

Moore Syndication<br />

Moore Wallace Inc.<br />

Morneau Sobeco Limited Partnership<br />

Morrison Hershfield Ltd.<br />

32,586<br />

38,858<br />

32,337<br />

873,774<br />

413,235<br />

444,065<br />

49,480<br />

273,953<br />

207,351<br />

47,301,005<br />

1,659,754<br />

234,967<br />

736,557<br />

7,163,590<br />

248,164<br />

150,139<br />

239,486<br />

123,761<br />

223,015<br />

145,649<br />

28,744<br />

297,135<br />

2,207,674<br />

90,505<br />

39,763<br />

34,9<strong>31</strong><br />

25,567<br />

133,704<br />

32,526<br />

83,828<br />

25,056<br />

<strong>31</strong>,737<br />

53,973<br />

90,050<br />

2,140,733<br />

38,749<br />

65,937<br />

108,359<br />

3,884,727<br />

68,598<br />

445,911,218<br />

386,929<br />

16,338,252<br />

6,567,156<br />

420,839<br />

33,5<strong>31</strong><br />

26,600<br />

30,128<br />

64,077<br />

66,869<br />

34,485<br />

56,287<br />

25,959<br />

7,335,614<br />

58,909<br />

329,744<br />

373,<strong>31</strong>5<br />

<strong>31</strong>8,168<br />

47,<strong>31</strong>5<br />

Morrow Engineering Ltd.<br />

Morrow Environmental Consultants Inc.<br />

Mott Electric Ltd.<br />

Mount Currie Indian Band<br />

Mount Sicker Lumber Company Ltd<br />

Moxon Personnel Ltd.<br />

MRK Consulting<br />

MSC Metal Structure Concepts Inc.<br />

MTS Allstream Inc.<br />

Mud Bay Drilling Co. Ltd.<br />

Multi-Vision Communications Inc.<br />

Murphy Pang<br />

Mustel Group<br />

Myerswest Consulting<br />

Nahanni Construction Ltd.<br />

Nai<strong>to</strong> Environmental<br />

Nalco Canada Co<br />

Nanaimo Shipyard Ltd.<br />

Nanoose First Nation<br />

Napa Au<strong>to</strong> Parts<br />

National Electrical Carbon<br />

National Process Equipment Inc.<br />

National Public Relations<br />

Natsource LLC<br />

Nature Conservancy of Canada<br />

Navigant Consulting Inc.<br />

Navigata Communications Ltd.<br />

Navigo Consulting & Coaching Inc.<br />

Nedco<br />

Neil Elliott, P.Eng.<br />

Nelson Roofing Ltd.<br />

Ness Environmental Sciences<br />

New Forest Management Co.<br />

Newalta Corporation<br />

Nexans Canada Inc.<br />

Nexeter Technologies Ltd.<br />

NGK Insula<strong>to</strong>rs Of Canada Ltd.<br />

Nicholas Dalziel<br />

Nickoli Cartage Ltd.<br />

Nicole Choy<br />

Night Hawk Security Ltd.<br />

Nik-Nik Drafting Services<br />

Nisga'a Lisims Government<br />

Noramco Wire & Cable Co. Ltd.<br />

Norampac Inc<br />

Nordic Tree Service<br />

Nor-Lag Coatings Ltd.<br />

Norm Pighin Trucking<br />

Norpac Controls Ltd.<br />

Norseman Group Ltd.<br />

North 60 Petro Ltd.<br />

North American Pipe & Steel Ltd<br />

North Fraser Salmon Assistance Society<br />

North Island Communications Inc.<br />

North Island Engineering Ltd.<br />

North Star Structural Contrac<strong>to</strong>rs Ltd.<br />

North Vancouver Outdoor School<br />

Northern Health Authority<br />

Northern Lights College<br />

Page No:<br />

Run Date:<br />

Run Time:<br />

11<br />

8/27/<strong>2007</strong><br />

2:08:<strong>31</strong>PM<br />

35,0<strong>31</strong><br />

4,407,353<br />

2,693,364<br />

39,532<br />

35,504<br />

27,165<br />

67,626<br />

29,995<br />

25,323<br />

25,781<br />

75,655<br />

55,747<br />

26,055<br />

33,677<br />

244,217<br />

49,201<br />

104,585<br />

138,030<br />

37,000<br />

79,771<br />

25,723<br />

25,279<br />

151,<strong>31</strong>3<br />

80,783<br />

27,663<br />

63,919<br />

41,824<br />

366,156<br />

66,502<br />

208,938<br />

61,523<br />

67,012<br />

59,220<br />

124,421<br />

23,073,835<br />

432,153<br />

1,261,481<br />

32,063<br />

61,687<br />

47,837<br />

48,8<strong>31</strong><br />

418,419<br />

68,388<br />

163,<strong>31</strong>9<br />

47,056<br />

206,487<br />

448,041<br />

60,036<br />

412,875<br />

142,404<br />

1,196,124<br />

82,402<br />

66,458<br />

39,460<br />

29,083<br />

32,691<br />

58,648<br />

43,667<br />

66,174


Report ID: HYFIA002 HYDRO<br />

Statement of Accounts of $25,000 or more paid<br />

during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong><br />

Northern Metalic Sales Ltd.<br />

Northern Thunderbird Air Inc.<br />

Northern Trailer Ltd.<br />

Northwest Community College<br />

Northwest Hydraulic Consultants Ltd.<br />

Northwest Power Pool<br />

Northwest Tree Service Ltd.<br />

Northwestel Inc.<br />

Norwegian Geotechnical<br />

Nova Gas Transmission Ltd.<br />

Nova Pole International Inc.<br />

Novell Canada Ltd.<br />

NRG Research Group<br />

NuOptiks Consulting<br />

NW Energy (Williams Lake) Ltd.<br />

O.E.M. Battery Systems Ltd.<br />

Oars Training Inc.<br />

O'Brien Brothers Enterprise<br />

Ocean Concrete Limited<br />

Ogilvy Renault<br />

Okanagan Indian Band<br />

Okanagan Land Development Corporation<br />

Okanagan Nation Alliance<br />

Okanagan North Growers Cooperative<br />

Omar Kirkeeng Excavating<br />

O'max Business Systems Inc.<br />

Omega Aviation Corp.<br />

OMERS Realty Corporation<br />

One Call Loca<strong>to</strong>rs Canada Ltd.<br />

O'Neil Lives<strong>to</strong>ck Sales Ltd.<br />

Ontrea Inc.<br />

Open Road Au<strong>to</strong> Group Limited<br />

Optimum Energy Products Ltd.<br />

Oracle Corporation Canada Inc.<br />

Orca Bay Arena Ltd. Partnership<br />

OSI Software Inc.<br />

Otis Canada, Inc.<br />

Outstart<br />

Overhead Door Company of Lethbridge<br />

Overland Freight Lines Ltd.<br />

Overwaitea Food Group Limited<br />

P.S.I. Fluid Power Ltd.<br />

PA Consulting Group Inc.<br />

PA Government Services Inc.<br />

Pacific Blue Cross<br />

Pacific Bolt Mfg. (1988) Ltd.<br />

Pacific Cove Environmental Services Inc.<br />

Pacific Destination Services Inc.<br />

Pacific Electrical Install. Ltd<br />

Pacific Fasteners Ltd.<br />

Pacific Newspaper Group Inc.<br />

Pacific North Coast Consulting Services<br />

Pacific Northern Gas Ltd.<br />

Pacific Western Helicopters Ltd<br />

Pacific-Surrey Construction Ltd<br />

Paladin Security Group Ltd.<br />

Palfy Holdings Ltd.<br />

Pandion Ecological Research Ltd<br />

Panorama Productions Ltd.<br />

296,993<br />

47,605<br />

907,183<br />

72,118<br />

133,209<br />

42,899<br />

128,012<br />

55,948<br />

29,775<br />

2,078,264<br />

25,576<br />

73,717<br />

139,811<br />

47,470<br />

42,349,466<br />

52,723<br />

54,970<br />

333,152<br />

38,673<br />

137,499<br />

41,110<br />

70,281<br />

47,952<br />

49,6<strong>31</strong><br />

30,562<br />

41,043<br />

329,549<br />

57,942<br />

104,729<br />

305,661<br />

77,140<br />

352,625<br />

54,989<br />

344,142<br />

72,333<br />

97,568<br />

48,606<br />

61,155<br />

40,899<br />

406,061<br />

102,239<br />

153,5<strong>31</strong><br />

40,973<br />

30,910<br />

6,472,003<br />

415,052<br />

53,344<br />

55,856<br />

3,708,550<br />

91,597<br />

44,900<br />

36,235<br />

226,823<br />

45,717<br />

32,143<br />

626,594<br />

40,362<br />

36,099<br />

95,309<br />

Parkhouse & Barnett Consulting<br />

Parking Corporation of Vancouver<br />

Parks West Enterprise<br />

Parsons Brinckerhoff Ltd.<br />

Patricia Taylor<br />

Patrick CG Ong, P. Eng<br />

Pat<strong>to</strong>n & Cooke Limited<br />

Paul Klawer Consulting<br />

Paul Wong International Inc.<br />

Pauwels Canada Inc.<br />

Pav's Contracting Ltd.<br />

Pazmac Enterprises Ltd.<br />

Pco Services Corporation<br />

Peace Communications Cable<br />

Peace Country Rentals &<br />

Peace Moving & S<strong>to</strong>rage Ltd.<br />

Peace River Regional District<br />

Peace View Enterprises Ltd.<br />

Peitzman, Weg & Kempinsky LLP<br />

Pembina Institute<br />

Percussion Software Inc<br />

Performance by Design<br />

Performance Coaching Inc.<br />

Peter McNiven<br />

Peters Bros. Construction Ltd.<br />

Petro Canada Products Co.<br />

Petro-Canada<br />

PFC Management Inc.<br />

PG Office Equipment Ltd.<br />

Philtek Electronics Ltd.,<br />

Phoenix Media Direct Inc.<br />

Pine Tree Helicopters Ltd.<br />

Pings<strong>to</strong>n Creek <strong>Hydro</strong> Joint Venture<br />

Pin<strong>to</strong>n Forrest & Madden<br />

Pitney Bowes Of Canada Ltd.<br />

Planetworks Consulting<br />

Plateau Systems Ltd.<br />

Plowe Power Systems Ltd.<br />

Polar Battery Vancouver Ltd.<br />

Polar Technology<br />

Polaris Corporate Services Inc.<br />

Polestar Communications Inc.<br />

Pole-Tec Services Ltd.<br />

Pollara, Inc.<br />

Polovick Equipment Services<br />

Poltec Industries Ltd.<br />

Polycast International<br />

Poly-Chlor Plastics Ind. Ltd.<br />

Polyrama Plastics Ltd.<br />

Ponte Bros Contracting Ltd.<br />

Port Alberni Security Inc.<br />

Positron Industries Inc.<br />

Positronics Enterprises Ltd.<br />

Potential Pictures Inc.<br />

Powell Research (1995) Ltd.<br />

Power Battery Sales Ltd.<br />

Power Line Systems, Inc.<br />

Power Measurement Ltd.<br />

PowerComm Solutions, LLC<br />

Page No:<br />

Run Date:<br />

Run Time:<br />

12<br />

8/27/<strong>2007</strong><br />

2:08:<strong>31</strong>PM<br />

30,081<br />

26,417<br />

325,814<br />

100,477<br />

144,451<br />

180,<strong>31</strong>8<br />

1,252,790<br />

45,343<br />

57,374<br />

486,674<br />

45,216<br />

25,179<br />

28,979<br />

29,695<br />

35,859<br />

171,753<br />

453,404<br />

79,721<br />

58,700<br />

50,675<br />

35,686<br />

33,220<br />

158,230<br />

63,273<br />

234,281<br />

325,592<br />

1,241,019<br />

53,857<br />

<strong>31</strong>,352<br />

295,675<br />

36,632<br />

59,875<br />

9,028,688<br />

106,579<br />

56,008<br />

30,515<br />

29,008<br />

3,477,133<br />

67,325<br />

28,920<br />

123,619<br />

45,078<br />

772,713<br />

42,160<br />

155,377<br />

54,530<br />

64,877<br />

220,449<br />

257,708<br />

914,096<br />

26,162<br />

64,645<br />

59,953<br />

52,849<br />

104,265<br />

<strong>31</strong>,826<br />

46,182<br />

320,751<br />

44,739


Report ID: HYFIA002 HYDRO<br />

Statement of Accounts of $25,000 or more paid<br />

during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong><br />

Powertech Labs Inc.<br />

Powertran Company Ltd.<br />

Praxair Canada Inc.<br />

Precise Cleaning Services<br />

Precision Bolting Ltd.<br />

Precision Mounting Technologies<br />

Preformed Line Products (Canada) Ltd.<br />

Premier Farnell Canada Ltd.<br />

Prescient Digital Media<br />

Pricewaterhousecoopers LLP<br />

Prince Sheet Metal & Heating Ltd.<br />

Prism Engineering<br />

Pro Hardware & Bldg Supplies<br />

Profab Manufacturing Ltd.<br />

Professional Diving Technologies Ltd.<br />

Progressive Fence Installations Ltd.<br />

Pro-Line Fence Ltd.<br />

Proquip On-Site Diesel Refuelling Ltd.<br />

Prysmian Cables & Systems Canada Ltd.<br />

Purcell Services Ltd.<br />

PV Inspection Services Ltd.<br />

Quad L Enterprises Ltd<br />

Qualified Tree Services Ltd.<br />

Qualitrol Company LLC<br />

Quality Chain Canada<br />

Quantec, LLC<br />

Quantum Remediation Inc.<br />

Quebecor World Inc.<br />

R & B Complete Services<br />

R & E Wallace Ltd.<br />

R&Y Consulting Inc.<br />

R.A.G. Contracting Ltd.<br />

R.G. Lihou & Associates<br />

R.R. Interior Power & Electric Ltd.<br />

R.W. Beck International Ltd.<br />

Radian Communication Services (Canada)<br />

Radio Works<br />

Raging River Power & Mining Inc.<br />

Rain Coast Cranes & Equip. Inc.<br />

Rai-Tec Industries Ltd.<br />

Ramius Corporation<br />

Rampro Casting & Crossing Ltd.<br />

Ratcliff & Company In Trust<br />

Ratcliff & Company LLP in Trust<br />

Rattco Landscape & Design Ltd.<br />

Ray & Berndtson/Tan<strong>to</strong>n Mitchell<br />

Ray Beaulieu<br />

Ray's Security Patrol Service<br />

R<strong>BC</strong> Dexia Inves<strong>to</strong>r Services Trust<br />

R<strong>BC</strong> Life Insurance Company<br />

RCC Electronics<br />

Re/Max Shuswap<br />

Read Jones Chris<strong>to</strong>ffersen Ltd.<br />

Receiver General For Canada<br />

Redde Pressure Test<br />

Reg Dist Of Central Kootenay<br />

Reg Dist Of Kootenay Boundary<br />

Reg Norman Trucking Ltd.<br />

Reginald Durrell<br />

4,918,748<br />

48,083<br />

130,171<br />

91,642<br />

45,248<br />

53,990<br />

157,476<br />

174,496<br />

67,986<br />

261,191<br />

75,679<br />

39,008<br />

126,777<br />

86,373<br />

115,943<br />

104,809<br />

117,924<br />

249,621<br />

1,898,046<br />

72,8<strong>31</strong><br />

59,577<br />

628,689<br />

678,122<br />

45,754<br />

<strong>31</strong>,181<br />

44,527<br />

9,072,740<br />

225,040<br />

697,046<br />

55,<strong>31</strong>3<br />

74,129<br />

33,378<br />

92,306<br />

2,108,249<br />

138,828<br />

766,732<br />

127,686<br />

543,363<br />

58,675<br />

25,267<br />

25,812<br />

76,719<br />

368,000<br />

85,553<br />

129,842<br />

91,246<br />

36,124<br />

101,593<br />

43,725<br />

188,976<br />

72,410<br />

28,912<br />

93,408<br />

2,399,525<br />

34,334<br />

392,867<br />

340,920<br />

32,826<br />

216,223<br />

Regional District Of Comox-Strathcona<br />

Regional District Of Fraser -<br />

REI Consulting Services Inc.<br />

ReimAir Consulting<br />

Reimer Consulting Group Inc.<br />

Reliable Equipment Rentals Ltd.<br />

Reliable Tube Inc.<br />

Remote Access Technology Inc.<br />

Rescue Canada Resource Grp. Inc<br />

Resolution Reprographics Ltd.<br />

Resort Municipality Of Whistler<br />

Resource Helicopters Ltd.<br />

Revay and Associates Ltd.<br />

Revels<strong>to</strong>ke Builders Suppl<br />

Revels<strong>to</strong>ke Plumbing & Electrical<br />

Rex Peak Contracting<br />

Rexel Canada Electrical Inc.<br />

Richard A. Aylard<br />

Richard Ful<strong>to</strong>n<br />

Richard Meiner<br />

Richards Mfg Company Sales Inc.<br />

Rick Bellefeuille<br />

Ricoh Canada Inc.<br />

Ricoh Image Communication<br />

Riemann Painting (2003) Inc.<br />

Right-of-Way Operations Group Inc.<br />

Riteway Tree Service Ltd.<br />

Ritz Instrument Trans. Inc.<br />

RLG International Inc.<br />

Roadway Traffic Control Ltd.<br />

Robert Essery<br />

Robert Half Management Resources<br />

Roberts & Stahl "In Trust"<br />

Robertson, Kolbeins, Teevan, Gallaher<br />

Robson Valley Power Corp.<br />

Rockford Energy Corporation<br />

Rocky Mountain Environmental<br />

Roco Rescue of Canada Inc.<br />

Roctest Ltd.<br />

Rodan Energy & Metering Solutions Inc.<br />

Roderick Shand<br />

Rodney Brandon<br />

Roger Bruder Enterprises<br />

Rogers Wireless Inc.<br />

Rols<strong>to</strong>n Crane & Freight Ltd.<br />

Rona Home Centre<br />

Roper Greyell LLP<br />

Ross Clarke Environmental &Wildlife Serv<br />

Royal Flex-Lox Pipe Limited<br />

Royal Lepage Relocation Service<br />

RS Line Construction, Inc.<br />

RST Instruments Ltd.<br />

RTR Performance Ride On<br />

Ruckle Navigation Ltd.<br />

Rush Electric Limited<br />

Russell Jervis<br />

Russell Painting and Sandblasting<br />

Rutherford Creek Power Ltd.<br />

RW Irvine Consulting Inc.<br />

Page No:<br />

Run Date:<br />

Run Time:<br />

13<br />

8/27/<strong>2007</strong><br />

2:08:<strong>31</strong>PM<br />

53,<strong>31</strong>1<br />

<strong>31</strong>6,422<br />

361,500<br />

589,934<br />

53,196<br />

135,358<br />

49,866<br />

112,518<br />

34,760<br />

373,424<br />

581,079<br />

88,490<br />

28,014<br />

<strong>31</strong>,445<br />

108,034<br />

29,740<br />

342,348<br />

168,045<br />

81,523<br />

149,745<br />

55,847<br />

58,187<br />

1,382,795<br />

64,234<br />

71,603<br />

124,890<br />

1,043,382<br />

250,659<br />

459,458<br />

207,852<br />

35,682<br />

694,618<br />

2,500,655<br />

122,528<br />

946,856<br />

1,430,615<br />

77,535<br />

59,548<br />

41,599<br />

30,151<br />

92,044<br />

45,407<br />

47,090<br />

<strong>31</strong>6,217<br />

29,154<br />

29,601<br />

75,203<br />

91,271<br />

3,256,480<br />

152,865<br />

697,182<br />

354,827<br />

28,058<br />

2<strong>31</strong>,379<br />

239,450<br />

69,240<br />

40,158<br />

8,546,824<br />

73,912


Report ID: HYFIA002 HYDRO<br />

Statement of Accounts of $25,000 or more paid<br />

during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong><br />

S & C Electric Canada Ltd.<br />

S & T Industries<br />

S.G. Peardon & Assoc. Inc.<br />

Safety & Emergency Management<br />

Safety Net Security Ltd.<br />

Sager Anderson, In Trust<br />

Sajr Holdings<br />

Salmon Arm Tree Toppers<br />

Sampson Research<br />

Samuel Manu-Tech Inc.<br />

Sandcan Services<br />

Sandman Inns Ltd.<br />

Sandwell Engineering Inc.<br />

Sandy Giroux<br />

SAP Canada Inc.<br />

SAS Institute (Canada) Inc.<br />

Sauber Mfg. Co.<br />

Sauder School of Business<br />

Sawyer Tree Service<br />

SBS Forestry Inc.<br />

Scansa Construction Ltd.<br />

Schickedanz Bros. Ltd.<br />

Schneider Canada Inc.<br />

School District - 35 (Langley)<br />

School District - 36 (Surrey)<br />

School District - 38 (Richmond)<br />

School District - 39 Vancouver<br />

School District - 41 (Burnaby)<br />

School District - 61 (Vic<strong>to</strong>ria)<br />

School District - 73<br />

School District - 75 (Mission)<br />

School District - 82 Coast Mountain<br />

Schweitzer Engineering Lab Inc.<br />

SCI Software Consulting Inc.<br />

Score Construction Ltd.<br />

Scott Allen<br />

Scott Decker<br />

Scott Plastics Ltd.<br />

Scott Resource Services Inc.<br />

Scott Wills Contracting<br />

Scroggie Creek Consulting Inc.<br />

Seabird Island Band<br />

Sears Canada Inc.<br />

Seaside Painters and Sandblasters Inc.<br />

Seaspan Coastal Intermodal Co.<br />

Seaway Diving Ltd.<br />

Securiguard Services Ltd.<br />

Sediver Canada Inc.<br />

SeeBeyond Technology Corporation<br />

Seepanee Ecological<br />

Selkirk Remote Sensing Ltd.<br />

Sencot'en Alliance<br />

Sentes Chevrolet Oldsmobile Ltd.<br />

Sentes Leasing<br />

Sequoia Engineering LLP<br />

Serena Software, Inc.<br />

Servalite Sales Ltd.<br />

Serv-West Charters Ltd<br />

Se<strong>to</strong> Engineering Inc.<br />

2,824,373<br />

25,190<br />

245,949<br />

72,211<br />

65,233<br />

342,500<br />

27,424<br />

34,240<br />

136,760<br />

235,191<br />

125,566<br />

48,527<br />

791,476<br />

286,989<br />

104,697<br />

132,360<br />

<strong>31</strong>3,556<br />

57,736<br />

193,913<br />

73,145<br />

26,835<br />

304,000<br />

187,776<br />

68,191<br />

36,993<br />

91,816<br />

126,729<br />

46,414<br />

174,617<br />

198,338<br />

26,229<br />

54,486<br />

1,057,766<br />

137,038<br />

240,386<br />

119,947<br />

134,359<br />

142,518<br />

144,309<br />

412,161<br />

26,639<br />

66,003<br />

55,948<br />

1,269,697<br />

109,728<br />

116,210<br />

402,583<br />

1,114,654<br />

80,094<br />

37,222<br />

56,106<br />

58,583<br />

193,485<br />

137,067<br />

45,246<br />

27,516<br />

26,505<br />

79,079<br />

51,914<br />

Se<strong>to</strong>n Lake Indian Band<br />

Se<strong>to</strong>n. Shalalth District<br />

SFU Community Trust<br />

Shamrock Drilling Ltd.<br />

Shanahan's Ltd.<br />

Sharp Construction Ltd.<br />

Sharp Machine Tools<br />

Sharp's Audio-Visual Ltd.<br />

Shaune Pryce<br />

Shell Canada Products Ltd.<br />

Sheltair Group Resource Consultants Inc<br />

Shera<strong>to</strong>n Guildford Hotel<br />

Sherine Industries Ltd.<br />

Sheung-Mo Sin<br />

Shield Metal Contracting Ltd.<br />

Shift Consulting<br />

Shuswap Nation Tribal Council<br />

Shxw'ow'hamel First Nation<br />

Sicamous Inn Ltd.<br />

Siefken Engineering Ltd.<br />

Siemens Building Tech. Ltd.<br />

Siemens Canada Ltd.<br />

Sierra Systems Consultants Inc.<br />

Silver City Galvanizing Inc.<br />

Silver Valley Transportation Services<br />

Silverfox Resources Ltd.<br />

Simon Fraser University<br />

Simson-Maxwell<br />

Sinclair Technologies Inc.<br />

Single<strong>to</strong>n Urquhart<br />

Sitsa Holdings Ltd.<br />

Skagit Environmental Endowment<br />

Skatin Nation<br />

Skeena Power Systems Ltd.<br />

Skeetchestn Indian Band<br />

Skillsoft<br />

Sky-Hi Scaffolding Ltd.<br />

Slacan Industries Inc.<br />

Slaney Safety Services<br />

SmartSignal<br />

Smith Cameron Pump Solutions<br />

Snap-On-Tools Of Canada Ltd.<br />

SNC Lavalin ATP Inc.<br />

Snc-Lavalin Inc.<br />

Sodbuster Landscaping Ltd.<br />

Softchoice Corp.<br />

Sol Consulting<br />

Soltex Ltd.<br />

Sonepar Canada Inc.<br />

Soo River <strong>Hydro</strong><br />

Sorren<strong>to</strong> Tree Toppers Ltd.<br />

South Sut<strong>to</strong>n Creek <strong>Hydro</strong> Inc.<br />

Southern Railway Of B.C. Ltd.<br />

Spall Machine and Welding<br />

Spallumcheen Band<br />

Spatial Mapping Ltd.<br />

Spatial Vision Group Inc.<br />

Spaz Logging<br />

Special T Cleaning Ltd.<br />

Page No:<br />

Run Date:<br />

Run Time:<br />

14<br />

8/27/<strong>2007</strong><br />

2:08:<strong>31</strong>PM<br />

238,053<br />

<strong>31</strong>,406<br />

200,739<br />

63,511<br />

27,983<br />

1,604,600<br />

135,893<br />

30,086<br />

58,901<br />

3,721,722<br />

99,785<br />

26,718<br />

194,045<br />

114,379<br />

33,796<br />

53,868<br />

38,000<br />

33,575<br />

27,500<br />

36,328<br />

135,537<br />

1,858,255<br />

60,378<br />

97,054<br />

25,000<br />

37,777<br />

408,985<br />

201,787<br />

27,877<br />

338,458<br />

56,673<br />

84,992<br />

33,522<br />

488,086<br />

39,218<br />

54,944<br />

46,056<br />

751,229<br />

154,010<br />

148,096<br />

32,100<br />

59,200<br />

23,760,754<br />

538,396<br />

90,810<br />

185,056<br />

306,663<br />

60,397<br />

436,280<br />

4,394,180<br />

448,738<br />

935,371<br />

82,757<br />

193,806<br />

153,777<br />

75,888<br />

94,009<br />

<strong>31</strong>,960<br />

36,111


Report ID: HYFIA002 HYDRO<br />

Statement of Accounts of $25,000 or more paid<br />

during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong><br />

Spectrum Mapping Corp.<br />

Spectrum Resource Group Inc.<br />

Speedy Au<strong>to</strong> & Window Glass<br />

Speers Construction Inc.<br />

SPM Landscape Contrac<strong>to</strong>rs Ltd.<br />

Spooner Electric Ltd.<br />

Sportsmans Motel<br />

Springford Patrick Law Corporation<br />

Spuzzum First Nation<br />

Squamish Indian Band<br />

Squamish Lillooet Regional Dist<br />

Squamish River Watershed Society<br />

SRS Packaging Services<br />

St. George Moving & S<strong>to</strong>rage Ltd.<br />

St. George Transportation Ltd.<br />

St. John Society (<strong>BC</strong> & Yukon)<br />

Stan Baker Trucking Ltd.<br />

Standard Radio Inc.<br />

Stan-Mac Line Construction Ltd.<br />

Stantec Consulting Ltd.<br />

Staples Business Depot<br />

Starworks Packaging & Assembly<br />

Stasuk Testing & Inspection Ltd<br />

Stella-Jones Inc.<br />

Stellar Mechanical Services Ltd.<br />

Stephen Fung<br />

Stephens Equipment Inc.<br />

Sterling Crane<br />

Sterling Lumber Company Ltd.<br />

Steve Emery Contracting<br />

Stevenson Consulting & Contracting<br />

Stevested Machinery & Engineering Ltd.<br />

Stewardship Centre for British Columbia<br />

Stl'Atl'Imx Nation <strong>Hydro</strong><br />

S<strong>to</strong>rdor Investments Ltd.<br />

Strategic Aboriginal Consulting Inc.<br />

Strategic Connections Inc.<br />

Strategic Silviculture Ltd.<br />

Stylecraft Fiberglass Mfg. Inc.<br />

Sumas Environmental Svc's. Inc.<br />

Sumas First Nation<br />

Summit Blasting Ltd.<br />

Summit Environmental Consultants Ltd.<br />

Sun Life Assurance Co. Of Canada<br />

Sun Microsystems Of Canada Inc.<br />

Sunfields<br />

Sunrise Trailer Sales<br />

Sunshine Bay Enterprises<br />

Super Save Disposal Inc.<br />

Superior Plus Inc.<br />

Superior Tree Service Ltd.<br />

Surtek Industries Inc.<br />

Susan Yurkovich<br />

Sustainable Forest Management Consulting<br />

Sustainable Strategies<br />

Swatch Group US<br />

Synergy Applied Ecology<br />

Synex Energy Resources Ltd.<br />

Synovate Ltd<br />

36,970<br />

130,198<br />

39,281<br />

50,878<br />

54,369<br />

25,552<br />

74,339<br />

137,000<br />

<strong>31</strong>,147<br />

47,983<br />

341,613<br />

237,281<br />

29,194<br />

73,321<br />

55,193<br />

37,061<br />

30,740<br />

43,210<br />

100,780<br />

89,635<br />

184,102<br />

36,578<br />

26,185<br />

3,454,991<br />

200,254<br />

103,994<br />

26,987<br />

<strong>31</strong>8,045<br />

62,0<strong>31</strong><br />

81,469<br />

68,973<br />

42,375<br />

46,000<br />

9<strong>31</strong>,596<br />

<strong>31</strong>,116<br />

105,387<br />

101,244<br />

29,658<br />

95,390<br />

137,382<br />

33,141<br />

81,077<br />

53,812<br />

1,940,135<br />

110,920<br />

143,691<br />

35,793<br />

37,148<br />

46,687<br />

35,565<br />

59,612<br />

826,757<br />

118,085<br />

103,301<br />

75,087<br />

44,991<br />

48,146<br />

967,770<br />

325,988<br />

Synthane Taylor<br />

T & D High Voltage Consulting Ltd.<br />

T. Lipp<br />

T.J. Pataky Consulting Engineering Inc.<br />

T.L.K. Services<br />

Tab<br />

Tactics Resource Management<br />

Take A Break Coffee Service Ltd<br />

Takeaki Nariya<br />

Tall Timber Tree Services Ltd.<br />

Tana Heminsley & Associates<br />

Tantalus Systems Corp.<br />

Tanya Sue Jansma<br />

Targa Contracting<br />

Target Products Ltd.<br />

Taylor Gas Liquids Limited Partnership<br />

TD Micronic Inc.<br />

TDB Consultants Inc.<br />

Technologies Dual-Ade<br />

Tehcon Construction Serv Ltd.<br />

Tekara Organizational<br />

Telmar Network Technology<br />

Telus Communications Inc.<br />

Telus Mobility<br />

Telus Services Inc.<br />

Tembec Industries Inc.<br />

Tenold Transportation Inc.<br />

Terasen Gas (Vancouver Island) Inc.<br />

Terasen Gas Inc.<br />

Terasen Waterworks (Supply) Inc.<br />

TeraSpan Networks Inc.<br />

Terminal Systems Inc.<br />

Terra Remote Sensing Inc.<br />

TerraChoice Environmental Marketing<br />

Terry Berg<br />

TestForce Systems Inc.<br />

The Ain Group Holdings Limited<br />

The <strong>BC</strong> Public Interest Advocacy Centre<br />

The Brick<br />

The Cat Rental S<strong>to</strong>re<br />

The Catalyst Institute<br />

The Conference Board Of Canada<br />

The Corp Of The Dist of West Vancouver<br />

The Corp. Of The City Of White Rock<br />

The Corp. Of The Dist. of Powell River<br />

The Corp. Of The District Of Kent<br />

The Corp. of the District of Peachland<br />

The Corp. Of The Village of Burns Lake<br />

The Corp. Of The Village of Pember<strong>to</strong>n<br />

The Corp. Of The Village of Valemount<br />

The Corporation Of Delta<br />

The Corporation of the City Of Nelson<br />

The Corporation Of The Village of Masset<br />

The Fairmont Hotel Vancouver<br />

The Fifth Option<br />

The Home Depot<br />

The Nature Trust Of B.C.<br />

The Royal Bank Of Canada<br />

The Standard Life Assurance Co<br />

Page No:<br />

Run Date:<br />

Run Time:<br />

15<br />

8/27/<strong>2007</strong><br />

2:08:<strong>31</strong>PM<br />

144,900<br />

194,750<br />

30,321<br />

36,457<br />

29,914<br />

26,599<br />

95,489<br />

30,513<br />

32,485<br />

462,693<br />

35,775<br />

92,251<br />

134,828<br />

589,747<br />

34,059<br />

25,3<strong>31</strong><br />

32,190<br />

414,950<br />

944,188<br />

520,808<br />

89,453<br />

172,163<br />

5,037,860<br />

1,811,404<br />

34,587<br />

6,299,<strong>31</strong>1<br />

40,023<br />

6,799,943<br />

20,428,439<br />

28,487<br />

89,871<br />

35,905<br />

333,857<br />

44,172<br />

54,260<br />

80,688<br />

37,642<br />

82,389<br />

35,<strong>31</strong>9<br />

201,113<br />

46,173<br />

100,826<br />

536,818<br />

160,098<br />

458,461<br />

<strong>31</strong>3,390<br />

41,401<br />

69,058<br />

109,283<br />

150,5<strong>31</strong><br />

2,447,518<br />

44,748<br />

76,393<br />

56,429<br />

42,649<br />

72,848<br />

40,000<br />

57,953<br />

134,784


Report ID: HYFIA002 HYDRO<br />

Statement of Accounts of $25,000 or more paid<br />

during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong><br />

The Sut<strong>to</strong>n Place Grande Hotels<br />

The University Of B.C.<br />

The Vancouver Board Of Trade<br />

The Vancouver Consulting Group<br />

The Westin Bayshore<br />

The Westin Grand<br />

Thomas & Betts Ltd.<br />

Thomas Dent Consulting<br />

Thomas Hart Contracting<br />

Thomson Canada Ltd.<br />

Thomson Technology Inc.<br />

Three Points Ltd.<br />

Thurber Engineering Ltd.<br />

ThyssenKrupp Eleva<strong>to</strong>r (Canada) Limited<br />

Tidy Steel-Fab Ltd/<br />

Timberoot Environmental Inc.<br />

Time Street Strategic Management Inc.<br />

Timothy Thompson<br />

Timothy W. Pearkes Law Corp. 'in Trust'<br />

Tinaz Jangi<br />

Tippet-Richardson Ltd.<br />

Tisdale Environmental<br />

T'it'q'et Administration<br />

TKT Contracting Ltd.<br />

T-Mar Industries Ltd.<br />

Toby Russell Buckwell<br />

Tolko Industries Ltd.<br />

Tomac Electric (1983) Ltd.<br />

Tony Dandurand<br />

Touchdown Enterprises Ltd.<br />

Tower Fence Products Ltd.<br />

Towers Perrin<br />

Town of Comox<br />

Town Of Fort Nelson<br />

Town Of Gibsons<br />

Town Of Golden<br />

Town Of Ladysmith<br />

Town of Lake Cowichan<br />

Town of Port McNeil<br />

Town Of Qualicum Beach<br />

Town of Sidney<br />

Town Of Smithers<br />

Town Of View Royal<br />

Township of Langley<br />

Trans Power Constr. (1999) Ltd.<br />

TransCanada Pipelines Ltd.<br />

Transcat Inc.<br />

Transelec Common Inc.<br />

Translink<br />

Transmountain Tree Service<br />

Travel Serv Vancouver<br />

T-Ray Engineering Co. Ltd.<br />

Tree Canada Foundation<br />

Treeline Ecological Research<br />

Treen Gloves & Safety Prod. Ltd<br />

Trench Ltd<br />

Trexler Climate & Energy Services Inc.<br />

Trico Excavating Inc.<br />

Trimen Blueprinting & Sales Ltd<br />

57,393<br />

1,801,517<br />

34,766<br />

172,132<br />

52,735<br />

57,175<br />

1,253,048<br />

46,674<br />

33,432<br />

37,893<br />

99,986<br />

103,405<br />

34,246<br />

221,415<br />

67,032<br />

41,872<br />

188,052<br />

60,637<br />

250,000<br />

115,261<br />

59,786<br />

63,427<br />

61,699<br />

104,398<br />

943,048<br />

110,502<br />

8,085,744<br />

739,661<br />

35,296<br />

205,095<br />

<strong>31</strong>,137<br />

33,807<br />

74,160<br />

83,493<br />

81,183<br />

129,501<br />

124,3<strong>31</strong><br />

41,015<br />

28,529<br />

177,825<br />

86,445<br />

169,799<br />

191,303<br />

1,139,480<br />

1,481,516<br />

1,175,592<br />

46,675<br />

159,737<br />

53,944<br />

446,142<br />

42,335<br />

244,844<br />

170,965<br />

57,900<br />

232,018<br />

2,811,268<br />

52,743<br />

122,847<br />

34,699<br />

Tripower Electrical Services Ltd.<br />

Tristar Industries Ltd.<br />

Tri<strong>to</strong>n Transport Ltd.<br />

Troy Sprinkler Limited<br />

True Value Service<br />

Trydor Industries (Canada) Ltd.<br />

Tsawwassen First Nation<br />

Tsay Keh Dene<br />

Ts'kw'aylaxw First Nation<br />

TU Delft -Faculteit Civiele Techniek<br />

Twin River Power Ltd.<br />

Twin Rivers Developments (1981) Ltd.<br />

Tyco Electronics Canada Ltd.<br />

Tyco International Ltd. Co.<br />

Tzeachten First Nation<br />

U<strong>BC</strong><br />

UCL Universal Commun. Ltd.<br />

Ums Group Inc.<br />

Underhill Geomatics Ltd.<br />

Underwater Logging Ltd.<br />

Unicom Pty. Ltd.<br />

Unifin International Ltd.<br />

Union Of B.C. Municipalities<br />

Unisource Canada Inc.<br />

Unit Electrical Engineering<br />

United Rentals Of Canada, Inc.<br />

United Van Lines (Canada) Ltd.<br />

United Way Of The Lower Mainlnd<br />

Univar Canada Ltd.<br />

Universal Machining & Eng. (1980) Ltd.<br />

University Of Northern B.C.<br />

University of Vic<strong>to</strong>ria<br />

Upland Excavating Ltd.<br />

Upnit Power Limited Partnership<br />

Upper St'at'imc Language, Culture &<br />

Upper Valley Fire Protection Ltd.<br />

Urban Systems Ltd.<br />

URS Canada Inc.<br />

Ursus Environmental<br />

US Filter/Wallace & Tiernan<br />

Utility Consulting Inter'l<br />

Utility Contract Services Corp.<br />

UYK Technologies<br />

VA Tech <strong>Hydro</strong> Canada Inc.<br />

Valard Construction Ltd.<br />

Valley Helicopters Ltd.<br />

Valley Power Line Contracting Ltd<br />

Valley Traffic Systems Inc.<br />

Value Scope Research, Inc.<br />

Van Houtte Coffee Services Inc.<br />

Van Kam Freightways Ltd.<br />

Van Net Newspaper<br />

Vancity Courier Service Inc.<br />

Vancouver Axle & Frame Ltd.<br />

Vancouver Coastal Health Authority<br />

Vancouver Community College<br />

Vancouver Fireworks Festival Society<br />

Vancouver Island First Aid<br />

Vancouver Island Health Authority<br />

Page No:<br />

Run Date:<br />

Run Time:<br />

16<br />

8/27/<strong>2007</strong><br />

2:08:<strong>31</strong>PM<br />

73,085<br />

270,370<br />

49,625<br />

391,416<br />

107,002<br />

3,815,403<br />

81,525<br />

2,186,<strong>31</strong>4<br />

86,467<br />

61,000<br />

1,659,681<br />

50,981<br />

72,719<br />

1,817,239<br />

36,511<br />

56,071<br />

333,226<br />

135,291<br />

54,102<br />

29,923<br />

48,183<br />

76,339<br />

26,698<br />

34,511<br />

30,104<br />

249,404<br />

65,752<br />

44,394<br />

348,424<br />

58,557<br />

92,539<br />

780,637<br />

85,565<br />

1,284,584<br />

104,220<br />

62,144<br />

59,325<br />

396,936<br />

30,507<br />

33,203<br />

34,913<br />

736,609<br />

25,547<br />

3,557,463<br />

5,012,640<br />

98,754<br />

1,208,044<br />

1,126,414<br />

32,644<br />

37,794<br />

734,627<br />

26,133<br />

62,155<br />

32,366<br />

38,688<br />

<strong>31</strong>,427<br />

213,000<br />

32,483<br />

209,153


Report ID: HYFIA002 HYDRO<br />

Statement of Accounts of $25,000 or more paid<br />

during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong><br />

Vancouver Island Helicopters Ltd.<br />

Vancouver Island Powerlines Ltd<br />

Vancouver Port Authority<br />

Vancouver Wharves Limited Partnership<br />

Vanderhoof & Districts Co-Op Association<br />

Vanry & Associates Inc.<br />

Venos Ventures Ltd.<br />

Venture Eleva<strong>to</strong>r Inc<br />

Vericept Corporation<br />

Vernon Machine & Welding<br />

Versatech Products Inc.<br />

VGH & U<strong>BC</strong> Hospital Foundation<br />

Via-Sat Data Systems Inc.<br />

Vic<strong>to</strong>ria Conference Centre<br />

VIH Helicopters Ltd.<br />

Viking Fire Protection Inc.<br />

Village Of Anmore<br />

Village Of Chase<br />

Village Of Fraser Lake<br />

Village of Lions Bay<br />

Village Of Nakusp<br />

Village of Port Alice<br />

Village of Queen Charlotte<br />

Village Of Radium Hot Springs<br />

Village Of Tahsis<br />

Virtus Inc.<br />

Visionlink Consulting<br />

VMR Communications Ltd.<br />

Voith Siemens <strong>Hydro</strong> Power Generation Inc<br />

W.K. Taylor Consulting Ltd.<br />

W6 Ranch Ltd.<br />

Wabco Standard Trane Co.<br />

Waddell Electric Ltd.<br />

Wainbee Limited<br />

Wainwright Marine Services Ltd.<br />

Wajax Industries Ltd.<br />

Walden Power Partnership<br />

Wales & Associates Inc.<br />

Wally Harwood<br />

Wal-Mart Canada Inc.<br />

Walter A. Wawruck<br />

Wartsila Canada Inc.<br />

Waste Management<br />

Waste Services (CA) Inc<br />

Watson Goepel Maledy LLP in Trust<br />

Watson Wyatt Worldwide<br />

Wayjo General Contracting Ltd.<br />

Wayne Blackmore<br />

Wee Willy's Woodyshop<br />

Weir Canada Inc.<br />

Welling<strong>to</strong>n Foundry Co. Ltd.<br />

Wescan Systems<br />

Wesco Distribution Canada Inc.<br />

Wesco Distribution Canada LP<br />

Wesco Industries Ltd.<br />

West Coast Corrosion Prevention Ltd.<br />

West Coast Engineering Group<br />

West Coast Helicopters<br />

West Coast Machinery Ltd.<br />

226,842<br />

2,203,635<br />

151,067<br />

144,469<br />

30,256<br />

119,651<br />

28,015<br />

167,024<br />

271,277<br />

26,285<br />

27,060<br />

75,000<br />

673,263<br />

52,119<br />

282,943<br />

737,484<br />

575,702<br />

38,466<br />

102,805<br />

35,403<br />

49,759<br />

28,810<br />

45,588<br />

36,697<br />

26,105<br />

30,006<br />

94,972<br />

26,277<br />

2,593,4<strong>31</strong><br />

<strong>31</strong>2,453<br />

241,454<br />

106,556<br />

1,215,703<br />

<strong>31</strong>,903<br />

55,432<br />

26,253<br />

1,538,486<br />

32,265<br />

29,435<br />

48,040<br />

40,0<strong>31</strong><br />

117,703<br />

69,098<br />

37,196<br />

245,000<br />

141,133<br />

35,409<br />

100,222<br />

67,040<br />

428,904<br />

98,297<br />

40,406<br />

149,936<br />

620,268<br />

57,159<br />

37,<strong>31</strong>6<br />

116,364<br />

189,073<br />

50,638<br />

West Coast Tree Service<br />

West Fraser Timber Company Ltd.<br />

Westburne Electric Supply<br />

Westcan Projects Ltd.<br />

Westcoast Energy Inc.<br />

Westcoast Gardening<br />

Westcoast Wire<br />

Westcor Services Ltd.<br />

Western Access Consulting<br />

Western Drum Recyclers<br />

Western Energy Institute<br />

Western Equipment Ltd.<br />

Western Health & Safety<br />

Western Ind. Contrac<strong>to</strong>rs Ltd.<br />

Western Pacific Enterprises GP<br />

Western Pacific Enterprises Ltd<br />

Western Pacific Marine Ltd.<br />

Western Profile Instrumentation<br />

Western Tree Service<br />

Western Tree Services Corp.<br />

Western Versatile Construction Corp.<br />

Western Wood Services Inc.<br />

Westhaul Services Ltd.<br />

Westland Helicopters Inc.<br />

Westmar Consultants Inc.<br />

Westroad Resource Consultants Ltd.<br />

Westrock Cus<strong>to</strong>m Breaking Ltd.<br />

Westslope Fisheries<br />

Whistler Mountain Resort Limited<br />

White Paper Co.<br />

White Pine Environmental Resources Inc.<br />

White River Helicopters Inc.<br />

White Spruce Ent. (1981) Ltd.<br />

Whitecaps Football Club Ltd.<br />

Whitevalley Community Resource Centre<br />

Wild <strong>BC</strong><br />

Wilhelm Kreykenbohm<br />

William Hall & Associates<br />

Williams Machinery Ltd.<br />

Williams Moving & S<strong>to</strong>rage (<strong>BC</strong>) Ltd.<br />

Williams Telecommunications Corp.<br />

Willis Energy Services Ltd.<br />

Windon Ventures<br />

Windsor Consulting Ltd.<br />

Wireless Technical Services Inc<br />

Wiselink Consultants Co. Ltd.<br />

Wismer & Rawlings Electric Ltd.<br />

WMB Engineering<br />

Wold Excavating<br />

Wood Group Pratt & Whitney<br />

Workers' Compensation Board of <strong>BC</strong><br />

Work-Life Resources Inc.<br />

Workopolis<br />

Workstream, Inc.<br />

World Business Council For<br />

World Economic Forum<br />

WorleyParsons Canada Ltd.<br />

WOW! Promotions<br />

Wray Group<br />

Page No:<br />

Run Date:<br />

Run Time:<br />

17<br />

8/27/<strong>2007</strong><br />

2:08:<strong>31</strong>PM<br />

339,0<strong>31</strong><br />

772,904<br />

29,346<br />

37,100<br />

8,909,512<br />

25,759<br />

406,144<br />

1,626,366<br />

29,322<br />

36,892<br />

55,177<br />

43,622<br />

50,876<br />

130,230<br />

5,871,813<br />

814,783<br />

27,787<br />

205,356<br />

59,481<br />

169,170<br />

2,297,756<br />

29,637<br />

62,665<br />

85,100<br />

61,985<br />

82,508<br />

101,650<br />

97,041<br />

339,105<br />

190,007<br />

73,875<br />

83,861<br />

75,721<br />

80,325<br />

59,970<br />

30,000<br />

84,800<br />

79,896<br />

492,400<br />

830,066<br />

184,533<br />

128,890<br />

33,710<br />

67,882<br />

39,420<br />

143,120<br />

253,483<br />

91,348<br />

68,957<br />

186,187<br />

2,587,255<br />

101,935<br />

30,697<br />

68,129<br />

62,634<br />

282,332<br />

89,028<br />

26,840<br />

66,621


Report ID: HYFIA002 HYDRO<br />

Statement of Accounts of $25,000 or more paid<br />

during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong><br />

Wriason Seals Ltd.<br />

Wright Machine Works Ltd.<br />

WS Molnar Co.<br />

Wsi Corporation<br />

Wurth Canada Ltd.<br />

Xaxli'p First Nations<br />

Xerox Canada Ltd.<br />

Yellowhead Helicopters Ltd.<br />

Yukon Electrical Company Ltd.<br />

Yutao Zhang<br />

Zaheer Shivji<br />

ZE Power Engineering Inc.<br />

ZE PowerGroup Inc.<br />

Zellers Inc.<br />

Zenon Environmental Inc.<br />

Zero Combustion Ltd.<br />

Zibit Design & Display<br />

Zig Hathorn & Associates<br />

Zomparelli Construction Ltd.<br />

26,864<br />

71,806<br />

28,225<br />

27,466<br />

<strong>31</strong>,173<br />

64,799<br />

53,234<br />

94,510<br />

48,065<br />

66,033<br />

105,679<br />

54,920<br />

36,647<br />

34,281<br />

93,824<br />

27,066<br />

148,599<br />

51,620<br />

45,800<br />

Sundry Accounts under $25,000: 36,687,372<br />

Grand Total: 2,550,359,133<br />

Page No:<br />

Run Date:<br />

Run Time:<br />

18<br />

8/27/<strong>2007</strong><br />

2:08:<strong>31</strong>PM


Notes:<br />

BRITISH COLUMBIA HYDRO AND POWER AUTHORITY<br />

1. A reconciliation of amounts reported in the <strong>Financial</strong> <strong>Information</strong> <strong>Act</strong> <strong>Return</strong> and the audited consolidated<br />

financial statements has not been prepared. <strong>BC</strong> <strong>Hydro</strong> prepares its <strong>Financial</strong> Statements on an accrual<br />

basis while the amounts reported in the <strong>Financial</strong> <strong>Information</strong> <strong>Act</strong> <strong>Return</strong> are based on cash payments in the<br />

year. This will result in timing differences between amounts recorded as expenses in the <strong>Financial</strong><br />

Statements and amounts paid <strong>to</strong> a vendor in the year.<br />

2. The payments reported in this section of the <strong>Financial</strong> <strong>Act</strong> <strong>Return</strong> include grants and contributions as<br />

follows:<br />

Amounts greater than $25,000<br />

Hydrecs 130,000<br />

United Way of the Lower Mainland 75,000<br />

Habitat for Humanity Society 50,000<br />

Chinook Aboriginal Business Education 40,000<br />

The Minerva Foundation 25,000<br />

The University of B.C. 25,000<br />

White Valley Community Resource Centre 25,000<br />

Total 370,000<br />

Sundry Accounts under $25,000 843,538<br />

Total of Grants and Contributions $1,213,538


CONSTRUCTION BUSINESS UNIT<br />

STATEMENT OF SALARIES AND WAGES PAID<br />

GENERAL<br />

The statement of salaries and wages paid <strong>to</strong> employees during the year ended <strong>March</strong> <strong>31</strong>, <strong>2007</strong> lists gross<br />

remuneration which includes, besides regular salaries and wages, payment for overtime, shift premiums, isolation<br />

and other allowances and payout of earned entitlements.<br />

SEVERANCE GRANTS<br />

During the fiscal year ended <strong>March</strong> <strong>31</strong>, <strong>2007</strong> there was no severance agreement made between Construction<br />

Business Unit and its non unionized employees.


Report ID: HYFIA001<br />

DW ADAMS<br />

NA ALTMANNSHOFER<br />

CR ANDERSON<br />

TB ARNDT<br />

M ASLESON<br />

RW BAGNALL<br />

GE BALK<br />

JJ BARR<br />

BS BELL<br />

MG BERARD<br />

RO BERKOPEC<br />

MD BIGLER<br />

RC BIMM<br />

DW BLAKE<br />

TE BLUNT<br />

VE BOLEY<br />

KJ BRANDSON<br />

RB BRIDGES<br />

MS BRUNE<br />

BE BUELER<br />

C CARTER<br />

NA CATTO<br />

LG CEBULIAK<br />

BP COLE<br />

LA COLEBERT<br />

C COLLINS<br />

JW CROSBY<br />

BM CUTHBERT<br />

GR CUTHBERT<br />

WJ DALLING<br />

RR DALY<br />

KR DANBROOK<br />

RN DAVIE<br />

KL DAVIES<br />

M DAVIES<br />

WD DEMAID<br />

PL DESMET<br />

TD DEVLIN<br />

JN DOBBY<br />

TD DUFLOTH<br />

TS DULABA<br />

AT DUNNE<br />

PC FORBERG<br />

FG FOWLER<br />

SA FROMME<br />

FT GAINES<br />

GJ GEYSER<br />

R GOH<br />

JD GRAY<br />

DM GRONSDAHL<br />

JJ HALL<br />

BD HARCEG<br />

GF HARTNEY<br />

PJ HAUCK<br />

MW HAWLEY<br />

MC HAYDEN<br />

JA HEINRICKS<br />

RJ HEWKO<br />

D HILLSDON<br />

TR HILTON<br />

JJ HINRICHS<br />

EH HOFFMAN<br />

EL HOLMES<br />

R HOVE<br />

GK HOWARD<br />

DD HUISMAN<br />

DW JULSETH<br />

GH KARENS<br />

BM KEANEY<br />

CONSTRUCTION BUSINESS UNIT<br />

Statement of Remuneration paid <strong>to</strong> employees and Expenses paid<br />

Page No:<br />

1<br />

on behalf of employees during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong> Run Date:<br />

6/21/<strong>2007</strong><br />

Run Time: 11:41:53AM<br />

REMUNERATION EXPENSES REMUNERATION<br />

EXPENSES<br />

76,373 723<br />

86,069 6,022<br />

86,823 6,076<br />

102,655 324<br />

95,076 93<br />

77,452 633<br />

133,522 2,845<br />

111,088 2,685<br />

89,077 2,016<br />

115,476 15,497<br />

99,707 6,160<br />

76,373 1,332<br />

124,863 5,612<br />

76,305 6,399<br />

82,081 4,479<br />

77,808 11,962<br />

123,5<strong>31</strong> 2,251<br />

94,337 8,385<br />

81,040 4,056<br />

77,073 2,090<br />

79,466 4,6<strong>31</strong><br />

89,236 3,270<br />

85,954<br />

128,354<br />

3,113<br />

79,671 150<br />

98,466 6,022<br />

76,345 338<br />

110,596 1,556<br />

122,121 1,537<br />

120,847 4,640<br />

103,373 6,730<br />

87,085 3,836<br />

91,962 1,650<br />

108,032 7,101<br />

92,272 2,099<br />

88,482 7,222<br />

96,411 14,441<br />

98,436 245<br />

87,436 11,230<br />

89,630 3,<strong>31</strong>0<br />

78,162 8,967<br />

86,058 1,581<br />

77,181 12,373<br />

84,851 5,454<br />

111,084 3,959<br />

125,808 13,068<br />

93,168 1,695<br />

130,921 136<br />

86,692 1,826<br />

150,977 11,746<br />

79,874 2,586<br />

84,045 492<br />

141,509 1,574<br />

130,880 100<br />

93,779 4,384<br />

85,435 4,134<br />

87,842 36,617<br />

89,873 1,962<br />

112,269 688<br />

105,378 5,823<br />

96,909<br />

96,028<br />

11,250<br />

75,347 50<br />

76,020 8,730<br />

84,707 3,563<br />

89,582 4,140<br />

76,221 3,300<br />

82,477 6,401<br />

108,356 715<br />

GP KEMPTHORNE<br />

PE KEMPTHORNE<br />

DW KNACKSTEDT<br />

NA KONRADSON<br />

CF KOPOLA<br />

DM KORNYK<br />

RF LAWS<br />

VT LINDEN<br />

ME LOHR<br />

JL LONGAUER<br />

RR LUCAS<br />

GR LUDLOW<br />

FA LUNDQUIST<br />

ID MACDERMID<br />

AA MACDONALD<br />

RL MALIC<br />

CJ MARCIL<br />

M MARTINOW<br />

DC MCCARTHY<br />

WE MCCARTHY<br />

SM MCDOWELL<br />

CD MCKAY<br />

DD MISKOVICH<br />

JP MITCHELL<br />

G MORAND<br />

R MORRIS<br />

JS MURIE<br />

BR MUSKA<br />

LL NADEAU<br />

E NADIN<br />

BM NADROZNY<br />

FT NASSACHUK<br />

GC NELSON<br />

F NIELSEN<br />

DB NOEL<br />

RP NOGA<br />

HH OLUND<br />

A OSIN<br />

SR PATOUILLET<br />

GH PAULSON<br />

GL PENGILLEY<br />

G PERKINS<br />

JR PERRY<br />

P PETRIKOVIC<br />

DA POPE<br />

WJ PORTER<br />

LB PRIMUS<br />

PG PRYSTAI<br />

RA RAMPTON<br />

PE REESE<br />

F REIMER<br />

JG REIMER<br />

GE REKVE<br />

DC RESCHKE<br />

JO RICHARDSON<br />

LE SANJENKO<br />

BA SBITNEY<br />

DH SCHMIDT<br />

R SCHNEIDER<br />

WJ SEARS<br />

LJ SHYKORA<br />

G SLOBODIN<br />

RA SMITH<br />

RF SMITH<br />

RJ SMITH<br />

TC SMITH<br />

GR ST GERMAIN<br />

SV SVENDSEN<br />

GM SWANN<br />

RG TAYLOR<br />

106,488 2,418<br />

110,863 11,399<br />

116,007 514<br />

80,530 2,193<br />

100,164 8,150<br />

85,233 1,612<br />

105,104 17,339<br />

87,227 7,619<br />

96,221 10,815<br />

104,175 6,827<br />

76,805 13,179<br />

78,148 6,114<br />

111,510 8,239<br />

91,274 11,713<br />

93,035 5,747<br />

82,747 7,098<br />

96,944 5,890<br />

119,251 704<br />

81,422 4,309<br />

134,974 9,153<br />

123,647 1,628<br />

77,457 442<br />

100,884 6,589<br />

79,326 9,781<br />

112,612 67,323<br />

78,185 1,427<br />

83,478 788<br />

112,178 573<br />

108,<strong>31</strong>0 5,109<br />

121,500 5,550<br />

83,677 8,242<br />

84,792 586<br />

114,486 308<br />

89,736 11,261<br />

79,806 300<br />

106,754 11,044<br />

121,674 12,187<br />

103,918 1,755<br />

132,676 625<br />

93,100 9,678<br />

93,354 101<br />

84,156<br />

78,358<br />

1,344<br />

100,883 921<br />

77,430 13,461<br />

82,934 9,882<br />

106,185 7,300<br />

81,901 800<br />

135,442 11,659<br />

101,624 425<br />

98,894 998<br />

83,873<br />

87,167<br />

656<br />

147,811 8,204<br />

141,723 8,137<br />

80,037 2,048<br />

99,130 4,930<br />

93,339 1,297<br />

77,099 1,800<br />

77,003 7,281<br />

93,886 467<br />

90,548 8,052<br />

111,710 409<br />

97,051 2,042<br />

78,182 1,905<br />

151,575 842<br />

108,178 4,827<br />

99,037 12,506<br />

76,440 286<br />

78,428 7,646


Report ID: HYFIA001<br />

EM TOPPAZZINI<br />

R TORGRIMSON<br />

PR TORRENS<br />

JJ VESTERGAARD<br />

M WAARDENBURG<br />

P WALLACE<br />

GA WARDROP<br />

RA WEBSTER<br />

TJ WEIR<br />

JR WILLEY<br />

F WILLIAMS<br />

PA WILLIAMS<br />

AA WILSON<br />

ED WODINSKY<br />

LJ WOOD<br />

BB YOCHIM<br />

VI ZAROV<br />

GI ZYLSTRA<br />

Employees Under $75,000:<br />

Grand Total:<br />

Employer's share of EI and CPP<br />

CONSTRUCTION BUSINESS UNIT<br />

Statement of Remuneration paid <strong>to</strong> employees and Expenses paid<br />

Page No:<br />

2<br />

on behalf of employees during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong> Run Date:<br />

6/21/<strong>2007</strong><br />

Run Time: 11:41:53AM<br />

REMUNERATION EXPENSES REMUNERATION<br />

EXPENSES<br />

115,591 459<br />

99,897 8,174<br />

82,676 6,942<br />

75,228 64<br />

162,225 6,382<br />

123,909 1,624<br />

117,578 1,689<br />

99,307 2,893<br />

94,735 9,743<br />

82,399 8,066<br />

164,862 2,542<br />

114,496 12,661<br />

114,480 9,979<br />

115,458 433<br />

127,620 10,237<br />

106,364 5,483<br />

143,425 7,377<br />

87,459 4,440<br />

13,149,165 593,176<br />

28,698,904 1,438,890<br />

1,120,042


Report ID: HYFIA002 CONSTRUCTION BUSINESS UNIT<br />

Statement of Accounts of $25,000 or more paid<br />

during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong><br />

A.E. Concrete Precast Products<br />

Ace Flagging<br />

Acklands-Grainger Inc.<br />

Alaskan Copper & Brass Co.<br />

All Powerline Construction Ltd<br />

ALLL Traffic Control & Safety<br />

Amac Equipment Limited<br />

Anixter Canada Inc.<br />

Apex Industrial Movers Ltd.<br />

Archie Johns<strong>to</strong>ne Plumbing<br />

Archie's Trucking Ltd.<br />

Armstrong Crane & Rigging Inc.<br />

B & T Line Equipt Testers Ltd.<br />

B.C. Ferry Corp.<br />

Badger Daylighting Inc.<br />

Bear's Tool Testing<br />

Bel Pacific Excavating<br />

Bench Rentals<br />

Bently Nevada<br />

Best Western<br />

Big Eagle <strong>Hydro</strong>-Vac & Nitrogen<br />

Blackburn Excavating Ltd.<br />

Britco Leasing<br />

Budget Div of Phelps<br />

Camcoat Industries (<strong>BC</strong>) Ltd.<br />

Cameron Enterprises<br />

Carle<strong>to</strong>n Rescue Equipment<br />

Cayoose Creek Band Council<br />

Century Vallen<br />

Cham Road Building Contrac<strong>to</strong>rs<br />

Chinook Scaffold Systems Ltd.<br />

Cintas<br />

Crane Creek Enterprises<br />

Crane Force Sales Inc<br />

D. Loewen EnterprisesLtd.<br />

D.Andres Quality Construction<br />

Days Inn<br />

Dick's Lumber & Building<br />

Dig Right<br />

Direct Equipment West<br />

Don Pacaud Contracting<br />

Dynamic Traffic Services<br />

E.B. Horsman & Son<br />

Ebco Metal Finishing Ltd.<br />

Eecol Electric (Sask.)Ltd.<br />

Equity Plumbing & Heating LTD.<br />

Eveready Industrial Services<br />

Fasteel Industries Ltd.<br />

Fastenal Canada Company<br />

Finning International Inc.<br />

Fraser River Pile & Dredge<br />

General Electric Canada<br />

Gibson Bros. Contracting<br />

Guardian First Aid Services<br />

Guillevin<br />

Harper's Recycling<br />

Harris Rebar<br />

50,846<br />

26,693<br />

224,151<br />

32,645<br />

47,267<br />

75,829<br />

85,862<br />

69,127<br />

118,370<br />

87,447<br />

32,180<br />

<strong>31</strong>3,568<br />

49,096<br />

119,891<br />

35,429<br />

52,<strong>31</strong>6<br />

58,106<br />

47,285<br />

29,502<br />

175,046<br />

64,903<br />

44,670<br />

<strong>31</strong>,601<br />

29,000<br />

25,254<br />

90,524<br />

36,979<br />

39,273<br />

36,533<br />

57,914<br />

100,829<br />

48,526<br />

34,645<br />

29,023<br />

45,437<br />

29,933<br />

<strong>31</strong>,423<br />

43,170<br />

78,911<br />

26,068<br />

102,578<br />

39,180<br />

190,890<br />

85,011<br />

83,358<br />

<strong>31</strong>,306<br />

30,056<br />

148,857<br />

50,278<br />

44,504<br />

142,360<br />

780,170<br />

42,873<br />

25,867<br />

271,362<br />

32,211<br />

106,5<strong>31</strong><br />

Hazco Environmental<br />

Hazmasters Environmental Cntrl<br />

HD Supply Utilities<br />

Hertz Equipment Rentals<br />

Highland Cream<br />

Hilti (Canada) Limited<br />

Hyland Precast Inc.<br />

ICI Paints Canada<br />

Independent Industrial Supply<br />

Inland Concrete Limited<br />

Interlox Building Systems Ltd.<br />

IPEX<br />

IRL Truck Centres<br />

Island Traffic Services Ltd.<br />

J.R. Edgett Excavating<br />

John Hunter Co. Ltd.<br />

JR Industrial Supplies<br />

JSK Traffic Control Services<br />

K. Miller Enterprises<br />

Lanetec Traffic Control Inc.<br />

LineStar Utility Supply Inc.<br />

MacKenzie Sea Services Ltd.<br />

Manus Abrasive Systems Inc.<br />

Master Halco<br />

Matakana Staging & Seating Inc<br />

McGregor & Thompson Hardware<br />

McRae's Environmental Services<br />

Meridian Specialties Inc.<br />

Mile 0 Motel<br />

Mission Contrac<strong>to</strong>rs<br />

Mount Sicker Lumber Co<br />

Mountain Retreat Hotel & Suite<br />

Murray's Bobcat Service<br />

N & S Power Digging<br />

Nedco<br />

Nor-Val Rentals 1998 Ltd.<br />

O'Brien & Brothers Enterprises<br />

Ocean Construction Supplies<br />

Okanagan North Growers Co-op<br />

Omar Kirkeeng Excavating<br />

Oracle Corporation Canada Inc<br />

Peace country Freightliner Inc<br />

Peace Country Rentals & Sales<br />

PHH ARC Enviromental Ltd.<br />

Pomeroy Inn & Suites<br />

Powell River Town Centre Hotel<br />

Powertech Labs Inc.<br />

Praxair<br />

Prestige Inn<br />

Production Equipment Rentals<br />

Progressive Fence Installation<br />

Riteway Fencing Inc.<br />

Rob's Excavating<br />

Rogers Wireless<br />

Rona Revy Inc.<br />

Ryerson (Integris)<br />

Sandman Hotels<br />

Securiguard Services Ltd.<br />

Page No:<br />

Run Date:<br />

Run Time:<br />

1<br />

6/21/<strong>2007</strong><br />

11:46:53AM<br />

30,923<br />

123,192<br />

39,778<br />

107,720<br />

28,894<br />

218,957<br />

38,279<br />

152,096<br />

25,797<br />

114,278<br />

101,650<br />

47,493<br />

25,616<br />

46,773<br />

121,126<br />

90,714<br />

87,870<br />

36,087<br />

27,868<br />

<strong>31</strong>,926<br />

381,854<br />

32,261<br />

71,936<br />

179,753<br />

97,013<br />

42,936<br />

58,429<br />

116,773<br />

33,229<br />

33,251<br />

73,277<br />

56,664<br />

33,428<br />

193,200<br />

57,193<br />

25,856<br />

92,082<br />

51,035<br />

58,454<br />

55,555<br />

77,876<br />

96,722<br />

25,833<br />

30,734<br />

130,263<br />

40,328<br />

37,602<br />

29,178<br />

52,304<br />

25,298<br />

344,509<br />

39,501<br />

33,444<br />

43,323<br />

35,773<br />

42,792<br />

1<strong>31</strong>,878<br />

135,969


Report ID: HYFIA002 CONSTRUCTION BUSINESS UNIT<br />

Statement of Accounts of $25,000 or more paid<br />

during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong><br />

Se<strong>to</strong>n Portage Motel<br />

Sky-Hi Scaffolding Limited<br />

Spider Staging Canada<br />

Spir-l-ok/Westman<br />

Sportsman's Inn<br />

Sumas Environmental Services<br />

Sunshine Coast Resort Ltd.<br />

Target Products Ltd.<br />

Tayco Paving Company<br />

Telus Mobility<br />

Terasen Gas<br />

The Cat Rental S<strong>to</strong>re<br />

The Coast<br />

Tillicum Lodge<br />

Timberland Equipment Ltd.<br />

Transwest Helicopters Ltd.<br />

Travelodge<br />

Trowelex Rentals & Sales<br />

Trydor Industries (Canada) Ltd<br />

United Rentals<br />

Vernon Moving & S<strong>to</strong>rage Ltd.<br />

Vihar Construction Ltd.<br />

Vision 2000 Travel Group<br />

Waste Management<br />

Wayjo General Contracting Ltd.<br />

Wesco Distribution<br />

Westburne Electrical Supply<br />

Westlund<br />

White Spruce Enterprises<br />

Williams Machinery<br />

Wolseley Waterworks Group<br />

35,181<br />

56,483<br />

29,747<br />

28,832<br />

177,622<br />

27,957<br />

35,092<br />

30,061<br />

32,580<br />

89,536<br />

32,952<br />

72,773<br />

29,326<br />

65,095<br />

79,553<br />

26,406<br />

36,388<br />

49,298<br />

145,833<br />

183,639<br />

962,220<br />

74,232<br />

37,464<br />

51,459<br />

195,827<br />

104,264<br />

69,511<br />

169,133<br />

<strong>31</strong>,298<br />

27,899<br />

35,233<br />

Sundry Accounts under $25,000: 4,985,625<br />

Grand Total: 17,465,728<br />

Page No:<br />

Run Date:<br />

Run Time:<br />

2<br />

6/21/<strong>2007</strong><br />

11:46:53AM


COLUMBIA HYDRO CONSTRUCTORS LTD<br />

STATEMENT OF SALARIES AND WAGES PAID<br />

GENERAL<br />

The statement of salaries and wages paid <strong>to</strong> employees during the year ended <strong>March</strong> <strong>31</strong>, <strong>2007</strong> lists gross<br />

remuneration which includes, besides regular salaries and wages, payment for overtime, shift premiums, isolation<br />

and other allowances and payout of earned entitlements.<br />

SEVERANCE GRANTS<br />

During the fiscal year ended <strong>March</strong> <strong>31</strong>, <strong>2007</strong> there was no severance agreement made between Columbia <strong>Hydro</strong><br />

Construc<strong>to</strong>rs Ltd. and its non unionized employees.


Report ID: HYFIA001<br />

BO BUCHANAN<br />

BV COX<br />

R COX<br />

BN DAWSON<br />

RA GILL<br />

DG HARROLD<br />

F JMAEFF<br />

BK KRAGH<br />

MB LAJEUNESSE<br />

PS MAKORTOFF<br />

VC MONETTE<br />

L POSNIKOFF<br />

P POSTNIKOFF<br />

RG PRETTY<br />

TJ RODDY<br />

LJ SCHMIDT<br />

PG SORENSEN<br />

MW STEPHENS<br />

TJ STIENSTRA<br />

LA VAN HORNE<br />

LH VOYKIN<br />

RW VOYKIN<br />

DL WILSON<br />

DM ZOOBKOFF<br />

Employees Under $75,000:<br />

Grand Total:<br />

Employer's share of EI and CPP<br />

COLUMBIA HYDRO CONSTRUCTORS LTD.<br />

Statement of Remuneration paid <strong>to</strong> employees and Expenses paid<br />

Page No:<br />

1<br />

on behalf of employees during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong> Run Date:<br />

6/21/<strong>2007</strong><br />

Run Time: 11:40:52AM<br />

REMUNERATION EXPENSES REMUNERATION<br />

EXPENSES<br />

80,388 11,730<br />

104,863 5,175<br />

109,924 5,985<br />

90,553 2,110<br />

103,804 13,695<br />

80,445 1,747<br />

80,326 4,290<br />

77,889 4,115<br />

84,046 4,245<br />

81,928 2,900<br />

99,070 24,827<br />

85,989 3,015<br />

94,887 1,895<br />

94,472 1,935<br />

101,462 3,945<br />

105,932 2,520<br />

76,577 4,330<br />

85,245 1,385<br />

80,903 1,7<strong>31</strong><br />

79,660 3,060<br />

91,627 1,370<br />

78,746 3,190<br />

97,149 8,865<br />

93,6<strong>31</strong> 1,835<br />

15,748,113 1,142,612<br />

17,907,627 1,262,507<br />

854,993


Report ID: HYFIA002 COLUMBIA HYDRO CONSTRUCTORS LTD.<br />

Statement of Accounts of $25,000 or more paid<br />

during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong><br />

Sundry Accounts under $25,000: 36,905<br />

Grand Total: 36,905<br />

Page No:<br />

Run Date:<br />

Run Time:<br />

1<br />

6/21/<strong>2007</strong><br />

11:45:53AM


POWEREX CORP<br />

STATEMENT OF SALARIES AND WAGES PAID<br />

GENERAL<br />

The statement of salaries and wages paid <strong>to</strong> employees during the year ended <strong>March</strong> <strong>31</strong>, <strong>2007</strong> lists gross<br />

remuneration which includes, besides regular salaries and wages, payment for overtime, shift premiums, isolation<br />

and other allowances and payout of earned entitlements.<br />

SEVERANCE GRANTS<br />

During the fiscal year ended <strong>March</strong> <strong>31</strong>, <strong>2007</strong> there was 1 severance agreement made between Powerex Corp and its<br />

non unionized employees. This agreement represented between 2 <strong>to</strong> 18 months compensation.


Report ID: HYFIA001<br />

S Adair<br />

J Adamschek<br />

S Andrade<br />

D Armour<br />

W Ay<br />

S Bal<br />

TM Bechard<br />

J Bennett<br />

R Beyer<br />

B Brintnell<br />

D Brodie<br />

MF Buchko<br />

A Budhwar<br />

C Calvin<br />

A Caramanolis<br />

M Carson<br />

G Clegg<br />

TM Conway<br />

M Corrigan<br />

B Crick<br />

M Dalziel<br />

N Dear<br />

K DeSante<br />

A DesLauriers<br />

J Dion<br />

GP Dobson-Mack<br />

LA Dong<br />

DR Eger<br />

RT Elgie<br />

G Emslie<br />

K English<br />

M Federspiel<br />

K Ferguson<br />

M Fichten<br />

K Forbes<br />

D Fotiou<br />

R Geisthardt<br />

K Gibson<br />

B Gill<br />

T Gingras<br />

M Goodenough<br />

RE Gosney<br />

R Gosselin<br />

K Graeme<br />

D Harney<br />

M Hiley<br />

H Ho<br />

A Holman<br />

L Hopkins<br />

U Hopping<br />

W Hui<br />

J Hutchinson<br />

J Jamieson<br />

G Jung<br />

P Kern<br />

S Kikkert<br />

R Killam<br />

J Lam<br />

G Lee<br />

MC Lee<br />

K Lo<br />

A Loewen<br />

A Lopez<br />

R Low<br />

T Ma<br />

SE MacDonald<br />

MW MacDougall<br />

C Macrae<br />

A Mandic<br />

POWEREX CORP<br />

Statement of Remuneration paid <strong>to</strong> employees and Expenses paid<br />

Page No:<br />

1<br />

on behalf of employees during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong> Run Date:<br />

6/21/<strong>2007</strong><br />

Run Time: 11:43:53AM<br />

REMUNERATION EXPENSES REMUNERATION<br />

EXPENSES<br />

262,121 6,795<br />

205,1<strong>31</strong> 201<br />

84,964 336<br />

201,960 23,442<br />

120,151 17,425<br />

104,457 1,714<br />

347,623 15,963<br />

92,969 1,284<br />

267,263 447<br />

79,976 92<br />

79,993 49<br />

191,191 7,260<br />

123,192 199<br />

83,214 2,703<br />

149,714 3,352<br />

203,822 1,233<br />

92,338 162<br />

<strong>31</strong>3,184 37,755<br />

157,170 7,509<br />

126,592 3,358<br />

160,602 920<br />

112,261 1,163<br />

82,321 2,157<br />

205,294 18,568<br />

102,385 2,633<br />

118,566 17,636<br />

145,286 17,946<br />

232,486 13,453<br />

157,995 5,671<br />

124,353 2,578<br />

114,939 1,926<br />

259,869 11,046<br />

185,581 2,067<br />

112,612 2,480<br />

125,453 3,029<br />

303,386 28,498<br />

213,493 983<br />

113,407 5,171<br />

237,122 8,829<br />

102,242 2,430<br />

294,199 21,762<br />

255,334 2,425<br />

193,958 8,709<br />

151,443 16,649<br />

192,666 542<br />

302,872 9,766<br />

103,004 210<br />

299,947 3,611<br />

127,750 3,051<br />

84,678 1,835<br />

87,335 1,678<br />

296,572 40,975<br />

118,012 4,351<br />

132,055 24,576<br />

259,707 16,619<br />

100,323 3,611<br />

143,111 8,011<br />

165,883 23,219<br />

91,852 174<br />

148,236 4,427<br />

127,107 2,326<br />

207,727 14,517<br />

101,847 2,702<br />

104,194 512<br />

144,812 16,923<br />

92,499 1,327<br />

192,329 40,227<br />

97,022 235<br />

91,000 14<br />

MH Margolis<br />

P McCuaig<br />

KM McDonald<br />

A McIver<br />

M McWilliams<br />

B Moghadam<br />

M Morgan<br />

H Munro<br />

D Nagle<br />

T Nakashima<br />

AG Newell<br />

D O'Hearn<br />

K Peck<br />

L Pigott<br />

J Ratzlaff<br />

W Rauch<br />

J Rausch<br />

R Robertson<br />

E Rosin<br />

D Russell<br />

J Rustulka<br />

M Schultz<br />

P Smith<br />

L Snider<br />

J Spires<br />

L Stauber<br />

M Stewart<br />

S Theriault<br />

KM Thielmann<br />

J Timmers<br />

I Toy<br />

L Voo<br />

K Wagner<br />

L Wagner<br />

JT Wilkinson<br />

L Will<br />

K Williams<br />

D Wong<br />

J Yam<br />

A Yazdi<br />

D Yeadon<br />

D Zavoral<br />

Employees Under $75,000:<br />

Grand Total:<br />

Employer's share of EI and CPP<br />

600,901 17,729<br />

159,447 20,788<br />

137,907 7,059<br />

210,727 18<br />

179,046 14,954<br />

147,308 14,330<br />

250,609 1,573<br />

104,927 520<br />

169,469 1,644<br />

115,711 4,234<br />

92,059 2,651<br />

322,375 <strong>31</strong>,987<br />

188,657 7,9<strong>31</strong><br />

132,244 1,758<br />

109,003 2,248<br />

91,235 464<br />

207,336 4,219<br />

77,534 157<br />

89,745 6,846<br />

78,551 35<br />

214,998 14,521<br />

106,630 3,506<br />

188,798 17,923<br />

120,760 1,411<br />

148,182 303<br />

145,522 5,515<br />

227,499 661<br />

95,730 1,137<br />

82,789 1,673<br />

86,717 5,949<br />

78,589 2,044<br />

123,960 34<br />

227,584 11,091<br />

134,<strong>31</strong>2 5,735<br />

167,863 4,610<br />

102,223 2,322<br />

103,536 190<br />

235,825 13,428<br />

89,983 743<br />

343,400 13,088<br />

89,874 423<br />

194,832 6,511<br />

2,580,218 137,662<br />

20,558,767 947,069<br />

476,785


Report ID: HYFIA002 POWEREX CORP<br />

Statement of Accounts of $25,000 or more paid<br />

during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong><br />

1672 Holdings Ltd<br />

Accenture Business Services of <strong>BC</strong><br />

Accountemps<br />

AECO Gas S<strong>to</strong>rage Partnership<br />

Alberta Electric System Opera<strong>to</strong>r<br />

Alcan Inc.<br />

Algonquin Power (Bos<strong>to</strong>n Bar) Corporation<br />

Alliance Pipeline L.P. (US)<br />

Alliance Pipeline Limited Partnership<br />

Alliance Pipeline Limited Partnership (C<br />

Altagas Operating Partnership<br />

Amerex Power Ltd.<br />

American Electric Power Service Corporat<br />

Anadarko Canada Corporation<br />

Annesley <strong>Financial</strong><br />

Apache Canada Ltd.<br />

Arizona Electric Power Cooperative<br />

Arizona Public Service Company<br />

Atlin Energy Management Inc.<br />

Avista Corporation Washing<strong>to</strong>n Water Pow<br />

Avista Energy Inc.<br />

AWS Convergence Technologies, Inc.<br />

Bank of America N.A.<br />

Bank of Montreal<br />

Barclays Bank PLC<br />

<strong>BC</strong> HYDRO<br />

<strong>BC</strong>H Transmission for Powerex Use<br />

Ben<strong>to</strong>n County Public Utility District N<br />

BG Exploration and Production Partnershi<br />

Black Hills Power Inc.<br />

Bloomberg LP<br />

Bonavista Petroleum Ltd.<br />

Bonneville Power Administration<br />

BORDEN LADNER GERVAIS LLP<br />

Bourke & Company<br />

BP Canada Energy Company<br />

BP Corporation North America Inc.<br />

Bracewell & Giuliani LLP<br />

Brookfield Energy Marketing Inc.<br />

Brooks Corning Company Ltd.<br />

Burling<strong>to</strong>n Resources Canada Partnership<br />

California Department of Water Resources<br />

California Independent System Opera<strong>to</strong>r C<br />

California ISO<br />

Calpine Energy Services L.P.<br />

Canadian Natural Resources<br />

CANEM WEST OPERATIONS INC.<br />

CanNat Energy Inc.<br />

Cargill Energy Trading Canada Inc.<br />

Cargill Limited (GAS)<br />

Cargill Power Markets LLC<br />

CCRO c/o Cordia Partners<br />

Central Vermont Public Service Corporati<br />

Chelan County Public Utility District N<br />

Cincinnati Gas and Electric Company The<br />

Cinergy Canada Inc.<br />

Cinergy Marketing & Trading LP<br />

1,648,986<br />

37,663<br />

58,944<br />

5,119,724<br />

7,010,733<br />

38,232,987<br />

44,713<br />

694,870<br />

2,050,235<br />

1,345,128<br />

39,357<br />

81,126<br />

9,461,207<br />

11,841,063<br />

63,900<br />

6,123,0<strong>31</strong><br />

855,170<br />

2,944,402<br />

114,662<br />

7,160,160<br />

21,544,057<br />

64,390<br />

422,502<br />

3,673,8<strong>31</strong><br />

1,070,0<strong>31</strong><br />

117,423<br />

2,738,566<br />

9,237,119<br />

24,997,969<br />

553,535<br />

124,357<br />

4,387,069<br />

123,956,657<br />

27,992<br />

46,320<br />

56,242,927<br />

8,481,553<br />

3,979,430<br />

173,732<br />

87,610<br />

830,846<br />

491,472<br />

62,436,<strong>31</strong>5<br />

10,988,832<br />

9,692,032<br />

13,788,997<br />

30,898<br />

34,648<br />

143,442<br />

16,364,212<br />

3,051,988<br />

91,592<br />

2,294,770<br />

3,271,975<br />

1,145,744<br />

115,587<br />

301,978<br />

Citigroup Energy Inc.<br />

City of Anaheim<br />

City of Burbank Water and Power<br />

City of Glendale Water & Power<br />

City of Idaho Falls<br />

City of Klamath Falls c/o PacifiCorp Pow<br />

City of Pasadena<br />

City of Redding<br />

City of Roseville Electric Utility<br />

City of Santa Clara dba Silicon Valley P<br />

City of St. George Energy Services<br />

City of Vernon<br />

Clatskanie People's Utility District<br />

Colorado River Commission of Nevada<br />

Columbia Power Corporation<br />

Comision Federal de Electricidad<br />

Commerce Energy Inc.<br />

Compugen Inc<br />

ConocoPhillips Canada Energy Partnership<br />

ConocoPhillips Canada Limited<br />

ConocoPhillips Company<br />

Consolidated Edison Company of New York<br />

Constellation Energy Commodities Group<br />

Coral Energy Canada Inc.<br />

Coral Energy Holding LP<br />

Coral Power L.L.C.<br />

CRA International Inc.<br />

Creative Cyberworks<br />

Cross-Sound Cable Company LLC<br />

DataSynapse, Inc.<br />

DB Energy Trading LLC<br />

Dell Canada Inc.<br />

Deloitte and Touche LLP<br />

Deseret Generation & Transmission Cooper<br />

Deutsche Bank AG<br />

Devon Canada Corporation<br />

Dickstein Shapiro LLP<br />

Direct Energy Marketing Limited<br />

Doran-Taylor <strong>Hydro</strong>electric Plant<br />

DTE Energy Trading Inc.<br />

DTM - CAC<br />

Duke Energy Marketing America L.L.C.<br />

Dynegy Power Marketing Inc.<br />

Edelstein and Gilbert<br />

El Paso Electric Company<br />

Electric Power Supply Association<br />

EMC Corporation of Canada<br />

EnCana Gas Marketing a business unit of<br />

Energy BackOffice Canada Inc.<br />

Enmax Energy Corporation<br />

Enmax Energy Marketing Inc.<br />

Enserco Energy Inc.<br />

EnvaPower, Inc<br />

Enventure Inc.<br />

EPCOR Energy Marketing (US) Inc.<br />

EPCOR Merchant and Capital (US) Inc.<br />

EPCOR Merchant and Capital L.P.<br />

Ernst & Young LLP<br />

Page No:<br />

Run Date:<br />

Run Time:<br />

1<br />

8/3/<strong>2007</strong><br />

4:38:26PM<br />

4,633,932<br />

396,837<br />

554,195<br />

909,758<br />

254,281<br />

387,954<br />

743,335<br />

5,960,930<br />

1,076,949<br />

7,269,253<br />

26,750<br />

422,927<br />

201,846<br />

107,608<br />

3,920,649<br />

4,103,117<br />

86,229<br />

126,886<br />

1,806,395<br />

21,261,849<br />

7,051,370<br />

708,696<br />

6,911,360<br />

2,7<strong>31</strong>,825<br />

756,198<br />

2,945,820<br />

744,194<br />

202,696<br />

399,958<br />

93,296<br />

490,119<br />

51,547<br />

277,848<br />

386,522<br />

1,472,080<br />

14,935,651<br />

181,023<br />

2,098,152<br />

84,885<br />

1,352,695<br />

570,902<br />

1,661,544<br />

93,538<br />

93,072<br />

3,112,551<br />

112,110<br />

858,176<br />

2,625,824<br />

71,029<br />

1,424,609<br />

322,417<br />

3,800,015<br />

148,919<br />

96,845<br />

354,192<br />

219,954<br />

<strong>31</strong>,836,288<br />

62,679


Report ID: HYFIA002 POWEREX CORP<br />

Statement of Accounts of $25,000 or more paid<br />

during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong><br />

ETRALI NORTH AMERICA INC.<br />

Eugene Water & Electric Board<br />

Export Development Corp.<br />

Farris Vaughan Wills & Murphy LLP<br />

FB Energy Canada Corp.<br />

FileNet Corporation<br />

FINANCIAL ENGINEERING ASSOC., INC<br />

<strong>Financial</strong> Objects<br />

Franchise Tax Board<br />

Franklin County Public Utility District<br />

Fraser Milner Casgrain LLP<br />

G.L. Booth Holdings Inc.<br />

Garry Milligan Group Inc.<br />

Gartner Canada, Co.<br />

Gas Transmission Northwest Corporation<br />

Genscape Inc.<br />

Genumark promotional Merchandise Inc.<br />

Gila River Power L.P.<br />

Goodin, MacBride, Squeri, Day & Lamprey,<br />

Grant County Public Utility District No<br />

Grays Harbour Public Utility District N<br />

Great Lakes Gas Transmission Limited Par<br />

Gurnee & Daniels LLP<br />

Hardy Energy Consulting<br />

Henwood Energy Svc. Inc.<br />

Hewlett-Packard (Canada) Ltd.<br />

Hinson Power Company LLC<br />

Hodgson King & Marble Ltd.<br />

Howe Sound Pulp & Paper Ltd.<br />

HQ Energy Services (U.S.) Inc.<br />

Hunt Personnel Temporarily Yours<br />

Husky Energy Marketing Inc.<br />

<strong>Hydro</strong> Quebec Distribution<br />

<strong>Hydro</strong>-Quebec TransEnergie<br />

ICAP Energy LLC<br />

Idaho Power Company<br />

Idaho Power Transmission<br />

IGI Resources Inc.<br />

Imperial Oil Resources<br />

Imperial Parking Canada Corp.<br />

Independent Electricity System Opera<strong>to</strong>r<br />

Independent System Opera<strong>to</strong>r New England<br />

Intercontinental Exchange LLC<br />

ISLAND KEY COMPUTER LTD<br />

IVG Energy, Ltd.<br />

J.P. Morgan Ventures Energy Corporation<br />

James L. Sweeney<br />

Kaye Scholer LLP<br />

Kellogg, Huber, Hansen, Todd, Evans<br />

KPMG LLP<br />

Landmark Power Exchange<br />

Latham's<br />

Lawson Lundell LLP<br />

Lehman Brothers Commodity Services Inc.<br />

Los Angeles Department of Water & Power<br />

Louis Dreyfus Energy Canada LP<br />

Louisiana-Pacific Canada Engineered Wood<br />

MAPP<br />

MAPPCOR<br />

69,6<strong>31</strong><br />

17,615,841<br />

790,349<br />

155,654<br />

547,412<br />

48,928<br />

61,512<br />

199,576<br />

160,493<br />

4,053,015<br />

38,402<br />

138,288<br />

184,872<br />

50,460<br />

32,561<br />

138,064<br />

26,258<br />

1,463,291<br />

86,240<br />

15,<strong>31</strong>6,933<br />

10,492,888<br />

917,856<br />

67,074<br />

39,235<br />

43,712<br />

185,273<br />

1,611,568<br />

34,465<br />

148,484<br />

1,063,302<br />

49,785<br />

6,989,345<br />

59,298<br />

1,056,052<br />

177,635<br />

17,646,797<br />

549,955<br />

381,484<br />

4,387,075<br />

172,036<br />

1,016,305<br />

2,208,996<br />

195,609<br />

70,714<br />

70,654<br />

7,757,111<br />

48,352<br />

67,0<strong>31</strong><br />

1,206,643<br />

257,646<br />

102,169<br />

82,579<br />

455,127<br />

1,202,407<br />

33,642,845<br />

3,504,436<br />

56,489<br />

51,094<br />

29,751<br />

Merrill Lynch Commodities Inc.<br />

Milner Power Limited Partnership by its<br />

MINISTER OF FINANCE<br />

Mirant Energy Trading LLC<br />

Modes<strong>to</strong> Irrigation District<br />

Montenay Inc.<br />

Moody's KMV Company<br />

Morgan Stanley Capital Group Inc.<br />

Morrison & Foerster LLP<br />

National Grid (Niagara Mohawk)<br />

Natural Gas Exchange Inc.<br />

Nevada Power Company<br />

New England Power Company<br />

New York Power Authority of the State o<br />

New York Independent System Opera<strong>to</strong>r In<br />

New York Power Authority ERM<br />

New York State Electric & Gas Corporatio<br />

Nexen Marketing<br />

Northern Border Pipeline Company<br />

NorthPoint Energy Solutions Inc.<br />

Northwest Natural Gas Company<br />

NorthWestern Corporation (Tx)<br />

NorthWestern Corporation dba NorthWester<br />

NOVA Gas Transmission Limited<br />

NSTAR Electric Company<br />

Occidental Power Services Inc.<br />

Ontario - Independent Electricity System<br />

Ontario Power Generation Inc.<br />

Opatrny Consulting Inc.<br />

Open Access Technology International<br />

Oracle Corporation Canada Inc.<br />

Oregon Dept of Revenue<br />

Oxy Energy Canada Inc.<br />

Pacific Northwest Generating Cooperative<br />

PacifiCorp<br />

PacifiCorp Transmission Systems<br />

PEITZMAN, WEG & KEMPINSKY LLP<br />

Petro-Canada <strong>Hydro</strong>carbons Inc.<br />

Pinnacle West Capital Corp.<br />

PIRA ENERGY GROUP<br />

Portland General Electric Company<br />

Portland General Electric Transmission<br />

Powerlytix, LLC<br />

PPL Montana LLC<br />

PPM Energy Inc.<br />

PPM Energy Canada Ltd.<br />

Prebon Energy Canada<br />

Prebon Energy Inc.<br />

Province of British Columbia<br />

Public Service Company of Colorado<br />

Public Service Company of New Mexico<br />

Puget Sound Energy Inc.<br />

Rainbow Energy Marketing Corporation<br />

Receiver General of Canada<br />

Reliant Energy Services Inc.<br />

Reuters Canada Ltd.<br />

RFP Power Ltd<br />

Ricoh Canada Inc<br />

Risk Capital Management Canada Limited<br />

Page No:<br />

Run Date:<br />

Run Time:<br />

2<br />

8/3/<strong>2007</strong><br />

4:38:26PM<br />

5,292,474<br />

7,932,819<br />

3,362,634<br />

1,724,320<br />

1,554,166<br />

83,283<br />

120,646<br />

30,976,728<br />

127,180<br />

100,740<br />

124,798,288<br />

819,422<br />

121,733<br />

279,050<br />

4,429,158<br />

83,308<br />

374,506<br />

5,308,188<br />

363,496<br />

26,711<br />

192,394<br />

3,104,214<br />

1,713,620<br />

1,111,746<br />

75,573<br />

1,458,153<br />

25,366,077<br />

5,003,456<br />

219,682<br />

87,253<br />

34,353<br />

2,063,898<br />

1,074,090<br />

2,565,051<br />

32,607,000<br />

4,729,6<strong>31</strong><br />

110,572<br />

15,517,662<br />

1,407,816<br />

85,835<br />

17,037,469<br />

101,448<br />

62,278<br />

2,097,339<br />

9,752,115<br />

342,439<br />

93,068<br />

<strong>31</strong>7,946<br />

265,077,053<br />

3,601,233<br />

2,837,986<br />

14,435,219<br />

2,9<strong>31</strong>,224<br />

33,880,053<br />

1,773,713<br />

116,367<br />

213,582<br />

64,468<br />

103,143


Report ID: HYFIA002 POWEREX CORP<br />

Statement of Accounts of $25,000 or more paid<br />

during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong><br />

Rob Campbell<br />

Robert Half Technology<br />

Rocky Mountain Generation Cooperative I<br />

Rocky Mountain Power Inc.<br />

Rogers<br />

S.i. Systems<br />

Sacramen<strong>to</strong> Municipal Utility District<br />

Salt River Project Agricultural Improvem<br />

San Diego Gas & Electric Company<br />

Saskatchewan Power Corporation<br />

Savoury City<br />

Seattle City Light<br />

Sempra Energy Solutions LLC<br />

Sempra Energy Trading Corp.<br />

Sempra Generation<br />

Sierra Pacific Power Company<br />

Snohomish County Public Utility Distric<br />

Southern California Edison Company<br />

Split Rock Energy LLC<br />

Standard & Poor's<br />

S<strong>to</strong>rm Exploration Inc.<br />

Stuntz , Davis & Staffier, P.C.<br />

Suez Energy Marketing NA Inc.<br />

Summit Power Corp.<br />

Suncor Energy Marketing Inc.<br />

Sungard Energy Systems<br />

SYK Consulting Inc.<br />

Sytec Engineering Inc.<br />

Tacoma Power<br />

Talisman Energy Canada<br />

TD Commodity & Energy Trading Inc.<br />

Teck Cominco Metals Ltd.<br />

Tekara Organizational Effectiveness Inc.<br />

Telus<br />

Telus Mobility<br />

Tembec Industries Inc.<br />

Tenaska Marketing Canada<br />

Terasen Gas Inc.<br />

The Cadman Consulting Group Inc.<br />

The Energy Authority Inc.<br />

The Midwest Independent Transmission Sys<br />

The P.J.M. Interconnection L.L.C.<br />

The Structure Group<br />

Thompson River Co-Gen LLC<br />

Tolko Industires Ltd.<br />

Towers Perrin Risk Capital (Canada) Inc.<br />

Tradition <strong>Financial</strong> Services<br />

TransAlta Energy Marketing (U.S.) Inc.<br />

TransAlta Energy Marketing Corp.<br />

TransCanada Energy Ltd.<br />

TransCanada PipeLines Limited<br />

Transmission Agency of Northern Californ<br />

Tri-State Generation & Transmission Asso<br />

Tucson Electric Power Company<br />

Tullett Liberty<br />

Turlock Irrigation District<br />

UBS AG<br />

UBS Commodities Canada Ltd.<br />

Union Gas Limited<br />

65,416<br />

264,832<br />

1,060,404<br />

29,712,428<br />

137,027<br />

491,417<br />

10,617,915<br />

11,845,973<br />

724,855<br />

148,339<br />

40,555<br />

16,869,396<br />

1,034,452<br />

24,548,011<br />

1,165,368<br />

469,306<br />

6,957,072<br />

3,471,953<br />

47,360<br />

65,552<br />

3,960,676<br />

160,091<br />

9,239,205<br />

171,110<br />

7,294,462<br />

399,025<br />

167,502<br />

188,037<br />

8,178,217<br />

18,266,090<br />

3,683,004<br />

1,736,386<br />

66,793<br />

45,037<br />

28,958<br />

325,333<br />

2,496,825<br />

<strong>31</strong>,298,132<br />

195,528<br />

90,505<br />

3,885,873<br />

95,032<br />

258,689<br />

341,118<br />

235,937<br />

119,288<br />

116,937<br />

19,775,220<br />

3,605,178<br />

2,029,810<br />

11,945,478<br />

2,248,992<br />

1,<strong>31</strong>3,304<br />

10,640,321<br />

299,360<br />

276,179<br />

9,811,160<br />

6,580,269<br />

2,337,112<br />

United Energy Trading LLC<br />

United Illuminating Company<br />

Unocal Canada Limited<br />

Utah Municipal Power Agency<br />

Van Houtte Coffee Svs.Inc<br />

WAPA Sierra Nevada Region - WASN<br />

Wasatch Energy Canada Inc.<br />

Westcoast Energy Inc. carrying on busine<br />

Western Area Power Admin - LAPM<br />

Western Area Power Admin - DSR<br />

Western Area Power Administration<br />

Williams_Power Company Inc.<br />

Worldcom Canada Ltd.<br />

ZE POWERGROUP INC.<br />

Page No:<br />

Run Date:<br />

Run Time:<br />

3<br />

8/3/<strong>2007</strong><br />

4:38:26PM<br />

218,230<br />

35,466<br />

9,938,775<br />

2,223,273<br />

44,930<br />

284,083<br />

100,750<br />

1,908,036<br />

628,861<br />

3,352,890<br />

244,101<br />

2,569,446<br />

29,239<br />

92,113<br />

Sundry Accounts under $25,000: 1,752,914<br />

Grand Total: 1,705,111,675


POWERTECH LABS INC<br />

STATEMENT OF SALARIES AND WAGES PAID<br />

GENERAL<br />

The statement of salaries and wages paid <strong>to</strong> employees during the year ended <strong>March</strong> <strong>31</strong>, <strong>2007</strong> lists gross<br />

remuneration which includes, besides regular salaries and wages, payment for overtime, shift premiums, isolation<br />

and other allowances and payout of earned entitlements.<br />

SEVERANCE GRANTS<br />

During the fiscal year ended <strong>March</strong> <strong>31</strong>, <strong>2007</strong> there was no severance agreement made between Powertech Labs Inc.<br />

and its non unionized employees.


Report ID: HYFIA001<br />

K ABDOLALL<br />

T ABEN<br />

S ALLAN<br />

S ARABI<br />

G ASHBY<br />

J BACHMAN<br />

G BALFOUR<br />

M BERRY<br />

G BHUYAN<br />

D CASSON<br />

M COLWELL<br />

B DERKSEN<br />

N DOMINELLI<br />

Z FENG<br />

L GAMBONE<br />

C GUNG<br />

E HALL<br />

H HAMADANIZADEH<br />

S HASSANALI<br />

P HORACEK<br />

F HOWELL<br />

K JESSOP<br />

G JONES<br />

P JONES<br />

B KITSON<br />

S KOVACEVIC<br />

P KUNDUR<br />

D KUNG<br />

K LEE<br />

B LEWKO<br />

H LI<br />

R MARCHANT<br />

C MCDONALD<br />

M MCDOUGALL<br />

T MCMANUS<br />

K MORISON<br />

C MORTON<br />

A MOSHREF<br />

A NANALAL<br />

B NEILSON<br />

N NEUFELD<br />

P OBROVAC<br />

R PALYLYK<br />

B POLLOCK<br />

A RAO<br />

W RIGTER<br />

S SASITHARAN<br />

T STEFANSKI<br />

M STEPHENS<br />

G TRIGG<br />

J VANDERMAAR<br />

L WANG<br />

M WANG<br />

X WANG<br />

C WEBSTER<br />

J WONG<br />

I WYLIE<br />

R YUEN<br />

W ZARECKI<br />

J ZAWADZKI<br />

H ZHU<br />

Employees Under $75,000:<br />

Grand Total:<br />

Employer's share of EI and CPP<br />

POWERTECH LABS INC.<br />

Statement of Remuneration paid <strong>to</strong> employees and Expenses paid<br />

Page No:<br />

1<br />

on behalf of employees during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong> Run Date:<br />

6/21/<strong>2007</strong><br />

Run Time: 11:44:53AM<br />

REMUNERATION EXPENSES REMUNERATION<br />

EXPENSES<br />

100,675 2,618<br />

88,165 2,482<br />

87,269 4,798<br />

143,813 12,536<br />

78,955 715<br />

175,928 3,009<br />

98,641<br />

112,992<br />

16,695<br />

137,620 30,581<br />

89,453<br />

83,745<br />

1,226<br />

75,878 8,841<br />

165,839 13,263<br />

130,962 17,144<br />

148,354 50,513<br />

100,755 3,091<br />

85,011 86<br />

149,672 21,399<br />

82,348 2,602<br />

82,761 10,107<br />

102,324<br />

82,851<br />

24,051<br />

107,634 1,559<br />

101,533 20,489<br />

95,249 2,467<br />

105,199 5,052<br />

171,600 24,866<br />

99,291 1,6<strong>31</strong><br />

125,556 464<br />

87,843 12,641<br />

88,197 5,588<br />

226,236 11,939<br />

81,995 453<br />

84,605 25,191<br />

86,043 14,214<br />

156,567 38,386<br />

94,659 4,727<br />

144,939 8,304<br />

83,128 12,416<br />

121,582 12,349<br />

91,887 859<br />

76,118 1,102<br />

109,129 3,690<br />

93,518 5,100<br />

141,546 8,581<br />

114,092 1,588<br />

95,063 300<br />

168,512 4,088<br />

90,874 8,437<br />

86,462 7,092<br />

137,016 4,969<br />

149,646 58,114<br />

125,678 2,067<br />

96,297 3,421<br />

150,345 32,<strong>31</strong>0<br />

130,974 29,815<br />

84,332 12,867<br />

92,738 16,521<br />

91,553 52,225<br />

147,602 7,943<br />

107,349 25,338<br />

2,529,568 52,966<br />

9,376,165 767,887<br />

304,137


Report ID: HYFIA002 POWERTECH LABS INC.<br />

Statement of Accounts of $25,000 or more paid<br />

during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong><br />

A<strong>BC</strong> Cus<strong>to</strong>ms Brokers Inc.<br />

Advanced Power Solutions<br />

AON Reed Stenhouse<br />

<strong>BC</strong>TC<br />

BOC Edwards<br />

Cat Rental S<strong>to</strong>re<br />

Chew Excavating ltd.<br />

Columbia Valve & Fittings<br />

Controlled Au<strong>to</strong>mation Ltd.<br />

David McGlashen<br />

Dell Computer<br />

Dynamic Facility Services<br />

Dynetek Industries Ltd.<br />

Electric Transportation<br />

Electrophysics<br />

Energy Alternatives Ltd.<br />

ESC Au<strong>to</strong>mation Inc.<br />

Federal Express<br />

Flag Chevrolet Chev-Truck<br />

Global Container<br />

Grandview Black<strong>to</strong>p<br />

Heritage Office Furniture<br />

Hodgson King & Marble Ltd.<br />

Hoskin Scientific Limited<br />

Humphrey Construction<br />

HV diagnostics Inc.<br />

<strong>Hydro</strong> Pac Inc.<br />

Manulife <strong>Financial</strong><br />

MP Electrical<br />

MSP-Medical Services Plan<br />

Norris Cylinder Company<br />

Nunn Electrical Ltd.<br />

Pacific Blue Cross<br />

Paladin Security Group<br />

Polar Industries Ltd.<br />

Powerserv Enterprises<br />

Praxair Products Inc.<br />

Res<strong>to</strong>tech<br />

Robertson Kolbeins<br />

Sacre-Davey Engineering<br />

Structural Composites<br />

Telus<br />

Telus Mobility<br />

Terasen Gas<br />

Trillium PC Network Inc.<br />

UTL Transportation<br />

Valis Projects Inc.<br />

VWR International Ltd.<br />

Workers' Compensation<br />

80,153<br />

63,474<br />

227,635<br />

106,471<br />

51,164<br />

46,208<br />

29,186<br />

122,555<br />

91,146<br />

44,000<br />

61,351<br />

81,190<br />

34,537<br />

126,180<br />

26,355<br />

39,593<br />

72,671<br />

55,396<br />

32,840<br />

48,019<br />

30,263<br />

42,044<br />

141,001<br />

27,018<br />

1,354,155<br />

36,585<br />

127,346<br />

265,881<br />

194,282<br />

136,841<br />

27,167<br />

69,078<br />

53,183<br />

82,336<br />

141,673<br />

26,975<br />

149,152<br />

73,603<br />

53,806<br />

607,213<br />

34,937<br />

27,995<br />

30,459<br />

91,515<br />

96,337<br />

32,242<br />

32,159<br />

<strong>31</strong>,914<br />

52,019<br />

Sundry Accounts under $25,000: 2,038,652<br />

Grand Total: 7,547,956<br />

Page No:<br />

Run Date:<br />

Run Time:<br />

1<br />

6/21/<strong>2007</strong><br />

11:52:54AM


Report ID: HYFIA002 <strong>BC</strong> <strong>Hydro</strong> Services Asset Corp<br />

Statement of Accounts of $25,000 or more paid<br />

during the year ended <strong>March</strong> <strong>31</strong> <strong>2007</strong><br />

1121598 Alberta Ltd.<br />

Accenture Business Services of B.C.<br />

Accenture Inc.<br />

Anisoft Group<br />

Anixter Canada Inc.<br />

British Columbia Transmission Corp.<br />

CA Inc.<br />

Cimmetry Systems<br />

Cognos Inc.<br />

Compugen Inc.<br />

Computer Associates Canada Company<br />

Corners<strong>to</strong>ne Systems Inc.<br />

Diabsolut Inc.<br />

EMC Corporation<br />

FileNet Canada Inc.<br />

Hodgson King & Marble Ltd.<br />

Holliday Enterprises Inc.<br />

Indus International Canada Inc.<br />

<strong>Information</strong> Security Technology, Inc.<br />

Island Key Computer Ltd.<br />

JTS Consulting<br />

Lewis Enterprises Inc.<br />

Mac Station Technologies Corporation<br />

Minister Of Finance<br />

Mott Electric Ltd.<br />

MTS Allstream Inc.<br />

Oracle Corporation Canada Inc.<br />

Pell Business Equipment Ltd.<br />

Quest Software Inc.<br />

Telus<br />

Telus Communications Inc.<br />

Telus Services Inc.<br />

The Structure Group<br />

Verity Inc.<br />

203,201<br />

4,1<strong>31</strong>,041<br />

222,687<br />

495,324<br />

77,156<br />

86,730<br />

175,334<br />

84,166<br />

778,759<br />

1,824,781<br />

828,581<br />

768,701<br />

61,940<br />

1,806,498<br />

1,904,445<br />

196,153<br />

56,681<br />

490,911<br />

49,537<br />

4,771,160<br />

127,269<br />

79,716<br />

53,180<br />

41,910<br />

454,960<br />

44,465<br />

104,041<br />

35,979<br />

102,729<br />

<strong>31</strong>,088<br />

357,619<br />

287,614<br />

58,534<br />

127,409<br />

Sundry Accounts under $25,000: 189,<strong>31</strong>3<br />

Grand Total: 21,109,610<br />

Page No:<br />

Run Date:<br />

Run Time:<br />

1<br />

6/21/<strong>2007</strong><br />

11:53:54AM

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