Energy Transfer 2012 Annual Report Download - page 11
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3
Sunoco Sunoco, Inc.
Sunoco Logistics Sunoco Logistics Partners L.P.
Tcf trillion cubic feet
Titan Titan Energy Partners, L.P.
Transwestern Transwestern Pipeline Company, LLC
Trunkline Trunkline Gas Company, LLC
Adjusted EBITDA is a term used throughout this document, which we define as earnings before interest, taxes, depreciation,
amortization and other non-cash items, such as non-cash compensation expense, gains and losses on disposals of assets, the
allowance for equity funds used during construction, unrealized gains and losses on commodity risk management activities, non-
cash impairment charges, loss on extinguishment of debt, gain on deconsolidation and other non-operating income or expense
items. Unrealized gains and losses on commodity risk management activities includes unrealized gains and losses on commodity
derivatives and inventory fair value adjustments (excluding lower of cost or market adjustments). Adjusted EBITDA reflects
amounts for less than wholly owned subsidiaries based on 100% of the subsidiaries' results of operations and for unconsolidated
affiliates based on the Partnership's proportionate ownership.
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