2020-21 SaskEnergy Annual Report

Financial and Operating Highlights

CONSOLIDATED FINANCIAL INFORMATION ($ millions)

2020-21 2019-20

2018-19

284 186

Delivery

284 187

289 163

Transportation and storage

11 (4) 49

Commodity margin

23

45 11 29

Asset optimization margin Customer capital contributions

2

36

-

Other revenue

-

4

Total revenue and margins

526 102 174 117

532

541

Employee benefits

96

89

Operating and maintenance Depreciation and amortization

169 109

163

99 15 52

16 55

Saskatchewan taxes Net finance expense Other losses (gains)

16 55 21

3

(11) 407 134

Total expenses

467

466

59 22 81 21

66

Income before unrealized market value adjustments

Market value adjustments CONSOLIDATED NET INCOME

(23)

32

43 24

166

Dividends declared

60

3,294

Total assets

3,222

2,938

204

Cash provided by operating activities Cash used in investing activities Cash provided by financing activities

270

280

(235)

(341)

(271)

30

66

-

212

Capital additions Total net debt Debt/Equity ratio

316

299

1,613 58/42 5.2%

1,501 58/42 6.1%

1,313 55/45 12.9%

Rate of return on equity

OPERATING STATISTICS Distribution energy ( petajoules ) Residential/Farm

40 31

37 33

42 35

Commercial

165 236

170 247

Industrial

164 1 234

TOTAL

Transmission energy ( petajoules ) Domestic

348

364

362

5

Export

37

33

TOTAL

353

401

395

Number of customers Distribution

402,827

399,826

397,367

122

Transmission

118

119

1 Industrial consolidated volumes restated for 2019-20 due to a billing adjustment.

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