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Taxonomy & unit
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us-gaap: CAD
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Description
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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.
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Summary
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Fortis Inc. annual and quarterly Amortization of Intangible Assets in CAD history and change rate from 31 Dec 2015 to 31 Dec 2025.
- Fortis Inc. Amortization of Intangible Assets for the quarter ending 30 Jun 2025 was CA$39,000,000, unchanged year-over-year.
- Fortis Inc. annual Amortization of Intangible Assets for 2025 was CA$160,000,000, a 4.6% increase from 2024.
- Fortis Inc. annual Amortization of Intangible Assets for 2024 was CA$153,000,000, a 2% increase from 2023.
- Fortis Inc. annual Amortization of Intangible Assets for 2023 was CA$150,000,000, a 3.4% increase from 2022.