Energy Transfer 2013 Annual Report Download - page 5
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Table of Contents
SUGS
Southern Union Gas Services
Sunoco
Sunoco, Inc.
Sunoco Logistics
Sunoco Logistics Partners L.P.
Sunoco Partners
Sunoco Partners LLC, the general partner of Sunoco Logistics
TRRC
Texas Railroad Commission
Titan
Titan Energy Partners, L.P.
Transwestern
Transwestern Pipeline Company, LLC
Trunkline
Trunkline Gas Company, LLC
Trunkline LNG
Trunkline LNG Company, LLC, a subsidiary of PEPL
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 include 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.
iv