Page 1 - DCP AR2011 Dev

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Corporate Headquarters
370 17th Street
Suite 2775
Denver, CO 80202
(303) 633-2900
Investor Relations
Jonni Anwar
370 17th Street
Suite 2775
Denver, CO 80202
(303) 605-1868
janwar@dcppartners.com
Stock Exchange
DCP Midstream Partners’ common
units are listed on the New York Stock
Exchange under the symbol DPM.
Website
www.dcppartners.com
Independent Auditors
Deloitte & Touche LLP
555 17th Street
Suite 3600
Denver, CO 80202
Transfer Agent and Registrar
For registered unitholders, commu-
nication regarding name and address
changes, lost certifcates, and other
administrative matters should be
directed to:
American Stock Transfer
& Trust Company
59 Maiden Lane
New York, NY 10038
(800) 937-5449
Info@amstock.com
Cash Distributions
DCP Midstream Partners, LP pays a
quarterly cash distribution, which as of
the quarter ended December 31, 2011
was $0.65 per limited partnership unit,
or $2.60 annualized. This distribution
was paid February 14, 2012. Future
2012 distributions are expected to be
paid on or about May 15, August 14,
and November 14.
Tax Information/ K-1 Inquiries:
Unitholder Schedule K-1 inquiries
should be directed to our toll-free
support line at (800) 230-7199,
or to the Partnership’s K-1 website:
www.taxpackagesupport.com/
dcpmidstream
Publicly Traded Partnership Attributes
DCP Midstream Partners, LP is a publicly
traded partnership, which operates in the
following distinct ways from a publicly
traded stock corporation:
• Unitholders own limited partnership
units instead of shares of common
stock and receive cash distributions
rather than dividends.
• A partnership is generally not a taxable
entity and does not pay federal and
state income tax, as does a corporation.
Partnerships fow through all of the
annual income, gains, losses, deduc-
tions, or credits to unitholders, who are
required to show their allocated share
of these amounts on their income tax
returns, as though these items were
incurred directly.
• DCP Midstream Partners provides each
unitholder owning units for any portion
of the year a Schedule K-1 tax package
that includes each unitholder’s allocated
share of reportable Partnership items
and other Partnership information
necessary to be included in tax returns.
This compares with a corporate stock-
holder, who receives a Form 1099
annually detailing required tax data.
Corporate Governance
DCP Midstream Partners, LP’s employees
and board of directors are committed to
conducting our business ethically and in
compliance with all laws and regulations.
Our Code of Business Ethics serves as
our core foundation on which we base our
decision-making. We have established
procedures for contacting the non-man-
agement members of the DCP Midstream
Partners board of directors. Any inter-
ested party may report complaints about
accounting, auditing matters, or any other
matter to any member of our board of
directors by writing:
Name of Board Member or Committee
DCP Midstream Partners, LP
370 17th Street
Suite 2775
Denver, CO 80202
Forward-Looking Statements
This annual report may contain or
incorporate by reference forward-looking
statements as defned under the federal
securities laws regarding DCP Midstream
Partners, LP, including projections,
estimates, forecasts, plans, and objectives.
Although management believes that
expectations refected in such forward-
looking statements are reasonable,
no assurance can be given that such
expectations will prove to be correct. In
addition, these statements are subject
to certain risks, uncertainties, and other
assumptions that are diffcult to predict
and may be beyond our control. If one
or more of these risks or uncertainties
materialize, or if underlying assumptions
prove incorrect, the Partnership’s actual
results may vary materially from what
management anticipated, estimated,
projected, or expected.
Investors are encouraged to closely
consider the disclosures and risk factors
contained in the Partnership’s annual
and quarterly reports fled from time to
time with the Securities and Exchange
Commission. The Partnership undertakes
no obligation to publicly update or
revise any forward-looking statements,
whether as a result of new information,
future events, or otherwise. Information
contained in this annual report is
unaudited, and is subject to change.