SaskEnergy Second Quarter Report - September 30, 2024

Notes to the Consolidated Financial Statements (unaudited)

7.

Property, Plant and Equipment

Transmission

Computer Construction

(millions)

Total

Distribution and Storage Compression Other* Hardware in Progress

COST Balance, April 1, 2023

$ 4,614

$

1,963

$

1,789

$

511

$

209

$

24

$

118 245

487

Additions Disposals

101

114

10

16

1

(24)

(4)

(5)

-

(11)

(2)

(2)

8

Adjustments Impairments

3

3

2

- -

- - -

- -

(3)

- -

(2)

(1)

(241)

Transfers

-

-

1

(242)

4,841

Balance, March 31, 2024

2,063

1,899

522

215

23

119 103

190

Additions Disposals

47

19

8

12

1

(10)

(3)

(1)

-

(5)

- - -

(1)

14

Adjustments

13

- -

1

- -

-

(87)

Transfers

-

-

(87)

4,948

Balance, September 30, 2024

2,120

1,917

531

222

24

134

ACCUMULATED DEPRECIATION Balance, April 1, 2023

1,594

633

639

208

97

17

- - - - - - - -

116

Depreciation

46

44

18

8

-

(19)

Disposals

(4)

(5)

-

(9)

(1)

1,691

Balance, March 31, 2024

675

678

226

96

16

(1)

Transfers

-

-

-

(1)

- - -

61

Depreciation

24

23

10

4

(8)

Disposals

(3)

(1)

-

(4)

1,743

Balance, September 30, 2024

696

700

236

95

16

CARRYING AMOUNTS Balance, March 31, 2024

$ 3,150 $ 3,205

$ $

1,388 1,424

$ $

1,221 1,217

$ $

296 295

$ $

119 127

$ $

7 8

$ $

119 134

Balance, September 30, 2024

*Other is primarily comprised of vehicles and equipment

8.

Lease Liability

Leases are recognized as right-of-use assets and corresponding liabilities at the date at which a leased asset is available for use. Payments for short-term leases and leases of low-value assets are expensed on a straight-line basis and excluded from the lease liability.

As at September 30, 2024

As at March 31, 2024

(millions)

$

16

Total future minimum lease payments Less: Future finance charges on leases

$

14

(1)

( 1)

15

Present value of lease liability

13

(6)

Less: Current portion of lease liability

( 5)

$

9

$

8

26

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