SaskEnergy First Quarter Report - June 30, 2020

Consolidated Financial Statements

CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION

As at June 30, 2020

As at March 31, 2020 (audited)

(millions)

Notes

(unaudited)

Assets Current assets Cash and cash equivalents

$

2

$

1

Trade and other receivables

111

155

Natural gas in storage held for resale

4

26 14

13 13 11 15

Inventory of supplies Debt retirement funds

-

Fair value of derivative instruments

5

18

171

208

Right-of-use assets Intangible assets

15 73

15 73

Property, plant and equipment

2,763

2,801

Debt retirement funds

139

125

$

3,161

$

3,222

Liabilities and Province's equity Current liabilities Short-term debt

$

150

$

279 120

Trade and other payables

89

Dividends payable

3 9

2

Current portion of long-term debt

6

34 19

Contract liability Refund liability

30

9

7

Fair value of derivative instruments Current portion of lease liability

5 7

15

21

6

6

311

488

Lease liability

7

7 5

7 5

Employee future benefits

Provisions

238

292

Deferred revenue Long-term debt

5

5

6

1,485 2,051

1,325 2,122

Province's equity

Equity advances

72

72

Other components of equity

9

4

Retained earnings

1,029 1,110

1,024 1,100

$

3,161

$

3,222

(See accompanying notes)

2020-21 First Quarter Report

16

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