CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (unaudited)
For the Nine Months Ended December 31
(millions)
Notes
2017
2016
Operating activities Net income
$
64
$
131
Add (deduct) items not requiring an outlay of cash Net change in fair value of derivative instrument assets and liabilities Change in revaluation of natural gas in storage to net realizable value
9 9
(16)
(70) (27)
7
Depreciation and amortization
74 36
71 35
Net finance expenses
Other gains on recovery of asset impairment
(6)
-
159
140
Net change in non-cash working capital related to operations
14
(20)
Cash provided by operating activities
173
120
Investing activities Additions to intangible assets
(8)
(8)
Additions to property, plant and equipment
(172)
(146)
Decommissioning costs
(3)
(2)
Cash used in investing activities
(183)
(156)
Financing activities Debt retirement funds installments Debt retirement funds redemptions
(7)
(7)
7 1
10 30
Increase in short-term debt
Dividends paid
(14)
(21)
Proceeds from long-term debt Repayment of long-term debt
7 7
121
133
(59) (39)
(84) (37)
Interest paid
Cash used in financing activities
10
24
Decrease in cash
-
(12)
Cash, beginning of period
1
11
Cash, end of period
$
1
$
(1)
16
2017-18 THIRD QUARTER REPORT
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