2020-21 SaskEnergy Annual Report

Financial and Operating Highlights

QUARTERLY FINANCIAL AND OPERATING HIGHLIGHTS

2020-21 FINANCIAL HIGHLIGHTS ($ millions) Realized margin on commodity sales Realized margin on asset optimization sales

March 31, 2021

Q1

Q2

Q3

Q4

6 $

11

$

1

$

- $

4 $

(4)

(4)

-

-

-

58 47

284 186

Delivery

41 46

86 46

99 47 31

Transportation and storage Customer capital contributions

2

49

8

8

526 102 169 117

Total revenue

104

95 22 39 28

144

181

Employee Benefits

25 38 29

24 43 29

31 49 31

Operating and maintenance Depreciation and Amortization

16

Saskatchewan taxes

3

6

3

4

Impairment loss on trade and other receivables

5

2

-

2

1

55

Net finances expenses Other (gains) losses

13

14

14

14

3

(2)

-

-

5

467

Total expenses

108

109

115

135

Consolidated Income (loss) before unrealized market value adjustments

$

59

$

(4)

$

(14) $

29

$

46

21

Dividends declared

3

2

8

8

204

Cash provided by operating activities

56

25

44

79

(212)

Capital additions

(42)

(57)

(79)

(34)

OPERATING HIGHLIGHTS Distribution

236 -2%

Energy distributed (petajoules) Weather (compared to last 30 years)

46

44

69

77

-18%

-12%

-2%

1%

Transmission

353

Energy transported (petajoules)

73

74

100

106

p.16

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