| ASC |
Alberta Securities Commission |
| Distributable Cash |
Amounts available for distribution to holders of
Trust units during an applicable period. |
| Growth Capital Expenditures |
Amounts incurred to add new facilities or services, and to replace utilized capacity and expand engineered landfills and waste-disposal caverns. |
| Maintenance Capital Expenditures |
Refer to capital expenditures required to maintain existing levels of service. |
| Natural Gas Liquids (NGLs) |
Liquids obtained from natural gas production and processing, including ethane, propane, butane and condensate. |
| Payout Ratio | "Payout ratio" is calculated as cash distributions for the period divided by cash available for distribution and growth capital expenditures. "Cash available for distribution and growth capital expenditures" is calculated as funds from operations, less required principal repayments of term credit facilities, maintenance capital expenditures and amortization of capacity, which is cash designated for the replacement of landfill and cavern capacity. |
