SaskEnergy First Quarter Report - June 30, 2018

CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

SaskEnergy Incorporated First Quarter Report

CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION

March 31, 2011

As at June 30, 2018

As at March 31, 2018 (audited)

(millions)

Notes

(unaudited)

Assets Current assets Trade and other receivables

$

87 53 13

$

141

Natural gas in storage held for resale

4

37 11

Inventory of supplies Assets held for sale

6 5

8

8

Fair value of derivative instruments

41

61

202

258

Intangible assets

63

64

Property, plant and equipment

2,279

2,260

Debt retirement funds

112

106

$

2,656

$

2,688

Liabilities and Province's equity Current liabilities Bank indebtedness

$

-

$

3

Short-term debt

182

254 127

Trade and other payables

85

Dividends payable

-

23 50 35 50

Current portion of long-term debt

7

50 36 37

Deferred revenue

Fair value of derivative instruments Current portion of finance lease obligation

5

2

2

392

544

Finance lease obligation Employee future benefits

9 6

9 6

Provisions

134

128

Deferred revenue Long-term debt

6

5

7

1,132 1,679

1,031 1,723

Province's equity

Equity advances

72

72

Other components of equity

(1)

(1)

Retained earnings

906 977

894 965

$

2,656

$

2,688

11

2018-19 FIRST QUARTER REPORT

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