Topic:"Information Disclosure" in M12779

Responsibilities of management and those charged with governance for the consolidated financial statements Management is responsible for the preparation and fair presentation of these consolidated financial statements in accordance with US...

AI summary Management is responsible for preparing consolidated financial statements in accordance with USGAAP, ensuring internal controls to prevent material misstatements, assessing going concern, and disclosing related matters. Those charged with governance oversee the financial reporting process.

Commitments and contingencies (note 14) The accompanying notes are an integral part of these consolidated financial statements. Approved on behalf of the Board of Directors Board Chair President

AI summary The section notes that the accompanying financial statements include integral notes, with approval by the Board Chair President. No specific commitments, contingencies, or detailed regulatory matters are outlined in the provided text.

Basis of Presentation These consolidated financial statements are prepared and presented in accordance with United States Generally Accepted Accounting Principles ("USGAAP"). In the opinion of management, these consolidated financial state...

AI summary The consolidated financial statements of NSPML are prepared under USGAAP, with all adjustments necessary for fair representation. Financial figures are stated in Canadian dollars, as determined by management.

Request IR-1: - The 2024 regulated balance sheet (page 2 of the regulated financial statements) does not - balance. Please provide a revised balance sheet with the discrepancy corrected.

AI summary The 2024 regulated balance sheet (page 2 of the regulated financial statements) is reported to be unbalanced. The request asks for a revised balance sheet with the discrepancy corrected.

Request IR-2: - Please provide a detailed reconciliation of operating revenues from the consolidated - (unregulated) financial statements to the regulated financial statements for 2025.

AI summary Request IR-2 seeks a detailed reconciliation of operating revenues from consolidated (unregulated) financial statements to regulated financial statements for 2025.

Request IR-4: - Provide a reconciliation of interest expense between regulated and consolidated financial - statements for 2025.

AI summary Request IR-4 seeks a reconciliation of interest expense between regulated and consolidated financial statements for 2025, ensuring alignment and accuracy in NSPML's reporting obligations under regulatory frameworks.

Request IR-7: - a) Please provide a detailed breakdown of the maintenance and inspections expense for 2025. - b) Please indicate when the engineering and inspection activities referenced in Note 1 on page 4 of the regulated financial state...

AI summary Request IR-7 seeks detailed information on NSPML's 2025 maintenance/inspections expenses and the scheduling of engineering/inspection activities referenced in Note 1 of the regulated financial statements. The requests focus on transparency regarding operational costs and timelines for compliance activities.

Request IR-8: - a) Please provide the unconsolidated financial statements for the year ended December 31, 2025. - b) Along with this, provide a reconciliation of these statements to the audited consolidated financial statements. Include th...

AI summary Request IR-8 seeks unconsolidated financial statements for NSPML as of December 31, 2025, along with a reconciliation to audited consolidated statements. The request specifies inclusion of the full chart of accounts, 2025 account balances, and organization mapped to income, retained earnings, and balance sheet statements in Excel format.

Request IR-12: - a) Please provide the most recent tax returns for each entity consolidated into the 2025 NSPML financial statements. In addition, include any Notices of Assessment, Reassessment, or other relevant correspondence received f...

AI summary Request IR-12 seeks information on NSPML's 2025 tax returns, CRA correspondence, filing dates, denied interest/expenses in audited statements, status of 2019 amended returns, updates to prior schedules (M12182), and clarification on unused Investment Tax Credit (ITC) carryover. It also asks about ongoing tax amendments or CRA matters.

May 25, 2026 [[email protected]](mailto:[email protected]) Ms. Crystal Henwood Regulatory Affairs Clerk/Officer Nova Scotia Utility and Review Board 1601 Lower Water Street, 3rd Floor Halifax, Nova Scotia B3J 3P6 De...

AI summary NSPML has submitted responses to information requests in matter M12779 and is requesting confidential treatment for certain responses due to commercially sensitive and personal information. The request is made in accordance with the Board Regulatory Rules.

iven or communicated to persons other than the Designated Recipients. For greater certainty, no Designated Confidential Information shall be provided to the clients of Designated Recipients, to other Intervenors or to employees, officers o...

AI summary This section outlines the handling of Designated Confidential Information, ensuring it is not disclosed to unauthorized parties and specifying how it may be referenced in legal documents. The Board is permitted to consider such information in its deliberations but must avoid reproducing it in decisions unless it has been deemed non-confidential.