SaskEnergy Third Quarter Report - December 31, 2017

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (unaudited)

For the Nine Months Ended December 31, 2017

For the Nine Months Ended December 31, 2016

Income before Unrealized Market Value Adjustments

Unrealized Market Value Adjustments (Note 9)

Income before Unrealized Market Value Adjustments

Unrealized Market Value Adjustments (Note 9)

Total

Total

(millions)

Notes

Revenue Natural gas sales

10

$

288 170 102

$

2

$

290 170 102

$

238 154

$

(18)

$

220 154

Delivery

- - - -

- - - -

Transportation and storage Customer capital contributions

99 17

99 17

15

15

Other

5

5

7

7

580

2

582

515

(18)

497

Expenses Natural gas purchases (net of change in inventory)

10

251

(5)

246

212

(115)

97 62 95 71

Employee benefits

60

- - - -

60

62 95 71

- - - -

Operating and maintenance Depreciation and amortization

100

100

74 10

74 10

Saskatchewan taxes

9

9

495

(5)

490

449

(115)

334 163

Income before the following

85

7

92

66

97

Finance income Finance expenses

2

- - -

2

2

(1)

1

(38) (36)

(38) (36)

(36) (34)

-

(36) (35)

Net finance expenses

(1)

Other gains

8

-

8

3

-

3

Total net income

$

57

$

7

$

64

$

35

$

96

$

131

Change in fair value of debt retirement funds designated as FVOCI

-

1

1

-

-

-

Comprehensive income

$

57

$

8

$

65

$

35

$

96

$

131

14

2017-18 THIRD QUARTER REPORT

Made with FlippingBook Ebook Creator