SaskEnergy Second Quarter Report - September 30, 2024

Notes to the Consolidated Financial Statements (unaudited)

13.

Delivery Revenue

For the Three Months Ended September 30,

For the Six Months Ended September 30,

2024

2023

2024

2023

(millions)

$

36 11

$

72 34

Basic monthly charge

$

33

$

65 32

Delivery revenue

9 1

1

3

Other

3

$

48

$

109

$

43

$

100

14.

Transportation and Storage Revenue

For the Three Months Ended September 30,

For the Six Months Ended September 30,

(millions)

2024

2023

2024

2023

Transportation Firm Interruptible

$

58

$

115

$

54

$

108

-

2

1

3

58

117

55

111

3

6

Storage

3

6

$

61

$

123

$

58

$

117

15.

Net Finance Expenses

For the Three Months Ended September 30,

For the Six Months Ended September 30,

2023

(millions)

2024

2023

2024

$

2 2

$

3 3

Debt retirement funds earnings

$

- - -

$

1 1

Finance income

(1) (1)

(1) (3)

Interest expense on leases

-

Interest expense on short-term debt Interest expense on long-term debt

(3)

(5)

(18)

(35)

(17)

(33)

-

-

Bank interest

1

1

(1)

(3)

Unwinding of discount on provisions

(1)

(3)

-

1

Borrowing costs capitalized to qualifying assets

1

1

(21) (19)

(41) (38)

Finance expenses

(19) (19)

(39) (38)

$

$

Net finance expenses

$

$

Borrowing costs were capitalized to qualifying assets using the weighted average cost of debt of 3.9 per cent during the period (September 30, 2023 – 3.9 per cent).

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