2020-21 SaskEnergy Annual Report

Supplementary Information

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

12 Months Ended March 31, 2017

12 Months Ended March 31, 2021

12 Months Ended March 31, 2020

12 Months Ended March 31, 2019

12 Months Ended March 31, 2018

(millions)

Audited

Audited

Audited Restated

Audited

Audited

REVENUE

$

286 284 186

Natural gas sales

$

309 284 187

$

452 $

474 $

364 240 134

Delivery

289 163

271 137

Transportation and storage Customer capital contributions

49

36

29

21

55 10

-

Other

-

4

7

805

816

937

910

803

EXPENSES

279 102 169 117

Natural gas purchases

284

396

407

325

Employee benefits

96

89

86

87

Operating and maintenance Depreciation and amortization

164 109

161

127 100

134

99 15

96 12

16

Saskatchewan taxes

16

14

5

Impairment loss on trade and other receivables

5

2

5

-

688 117

674 142

762 175

739 171

654 149

INCOME BEFORE THE FOLLOWING

NET FINANCE EXPENSES Finance income

4

4

3

2

2

(59) (55)

Finance expenses

(59) (55) (21)

(55) (52)

(50) (48) (13)

(48) (46) (33)

OTHER (LOSSES) GAINS

(3)

11

NET INCOME BEFORE MARKET VALUE ADJUSTMENTS MARKET VALUE ADJUSTMENTS Commodity

59

66

134

110

70

8 7 7

6

35 16

(2)

65

Asset optimization

(36)

48

(2)

Net realizable value on natural gas in storage

7

(19)

(12)

13 76

22 81

(23)

32

34

TOTAL NET INCOME

$

$

43

$

166 $

144 $

146

CONSOLIDATED STATEMENT CASH FLOWS Cash provided by operating activities

204

270

280

312

225

Cash used in investing activities

(235)

(341)

(271)

(258)

(198)

Cash provided by (used in) financing activities (DECREASE) INCREASE IN CASH POSITION

30

66

-

(58)

(37)

$

(1) $

(5) $

9

$

(4) $

(10)

p.82

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