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Exhibit 4.197
TransCanada PipeLines Limited
INTEREST AND ASSET COVERAGES
JUNE 30, 2002
The following interest and asset coverages are calculated as
at or for the twelve month period ending June 30, 2002:
| June 30, 2002 | ||
---|---|---|---|
INTEREST COVERAGE | 2.37 times | ||
NET TANGIBLE ASSET COVERAGES | |||
per $1,000 principal amount of Long-Term Debt | |||
— excluding Recorded Future Income Taxes | $1,532 | ||
— including Recorded Future Income Taxes | $1,522 |
TransCanada PipeLines Limited
INTEREST COVERAGE USING U.S. GAAP INFORMATION
JUNE 30, 2002
The following interest coverage is calculated as at or
for the twelve month period ending June 30, 2002:
| June 30, 2002 | |
---|---|---|
INTEREST COVERAGE | 2.37 times |
TransCanada PipeLines Limited INTEREST AND ASSET COVERAGES JUNE 30, 2002
TransCanada PipeLines Limited INTEREST COVERAGE USING U.S. GAAP INFORMATION JUNE 30, 2002