Fortis Inc. Annual Amortization of Intangible Assets in CAD from 2015 to 2024

Taxonomy & unit
us-gaap: CAD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
Fortis Inc. annual/quarterly Amortization of Intangible Assets history and growth rate from 2015 to 2024.
  • Fortis Inc. Amortization of Intangible Assets for the quarter ending June 30, 2024 was CA$39M, a 2.63% increase year-over-year.
  • Fortis Inc. annual Amortization of Intangible Assets for 2024 was CA$153M, a 2% increase from 2023.
  • Fortis Inc. annual Amortization of Intangible Assets for 2023 was CA$150M, a 3.45% increase from 2022.
  • Fortis Inc. annual Amortization of Intangible Assets for 2022 was CA$145M, a 6.62% increase from 2021.
Amortization of Intangible Assets, Annual (CAD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2024 153M +3M +2% Jan 1, 2024 Dec 31, 2024 40-F 2025-02-14
2023 150M +5M +3.45% Jan 1, 2023 Dec 31, 2023 40-F 2025-02-14
2022 145M +9M +6.62% Jan 1, 2022 Dec 31, 2022 40-F 2024-02-09
2021 136M +5M +3.82% Jan 1, 2021 Dec 31, 2021 40-F 2023-02-10
2020 131M +6M +4.8% Jan 1, 2020 Dec 31, 2020 40-F 2022-02-11
2019 125M +19M +17.9% Jan 1, 2019 Dec 31, 2019 40-F 2021-02-12
2018 106M +9M +9.28% Jan 1, 2018 Dec 31, 2018 40-F 2020-02-13
2017 97M +18M +22.8% Jan 1, 2017 Dec 31, 2017 40-F 2019-02-15
2016 79M +15M +23.4% Jan 1, 2016 Dec 31, 2016 40-F 2018-02-15
2015 64M Jan 1, 2015 Dec 31, 2015 40-F/A 2017-03-17
* An asterisk sign (*) next to the value indicates that the value is likely invalid.