2020-21 SaskEnergy Annual Report

Consolidated Financial Statements

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME For the years ended March 31

2021

2020

Income Before Unrealized Market Value Adjust- ments

Income Before Unrealized Market Value Adjust- ments

Unrealized Market Value Adjust- ments (Note 20)

Unrealized Market Value Adjust- ments (Note 20)

(millions)

Notes

Total

Total

REVENUE Natural gas sales Delivery

$

286 284 186 49 805

$

(3) - - - (3)

$

283 284 186 49 802 254 102 169 117 16

$

309 284 187 36 816

$

(1) - - - (1)

$

308 284 187 36 815

21 22 23

Transportation and storage Customer capital contributions

EXPENSES Natural gas purchases (net of change in inventory) Employee benefits Operating and maintenance Depreciation and amortization Saskatchewan taxes Impairment loss on trade and other receivables

279 102 169 117 16

(25) - - - -

284 96 164 109 16

22 - - - -

306 96 164 109 16

21

24

5

-

5

5

-

5

688

(25)

663

674

22

696

NET INCOME (LOSS) BEFORE THE FOLLOWING

117

22

139

142

(23)

119

4 (59) (55)

- - - -

4 (59) (55)

4 (59) (55) (21)

- - - -

4 (59) (55) (21)

Finance income Finance expenses

25 25 25 26

NET FINANCE EXPENSES

(3)

(3)

Other losses

TOTAL NET INCOME (LOSS) ITEMS THAT MAY BE RECLASSIFIED BACK TO NET INCOME (LOSS) Change in fair value of debt

$

59 $

22 $

81

$

66 $

(23)

$

43

retirement funds designated as fair value through other comprehensive income

-

(5)

(5)

7

-

2

2

COMPREHENSIVE INCOME (LOSS)

$

59 $

17 $

76

$

66

$

(21)

$

45

(See accompanying notes)

p.49

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