SaskEnergy First Quarter Report - June 30, 2018

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (unaudited)

For the Three Months Ended June 30, 2018

For the Three Months Ended June 30, 2017

Income before Unrealized Market Value Adjustments

Unrealized Market Value Adjustments (Note 9)

Income before Unrealized Market Value Adjustments

Unrealized Market Value Adjustments (Note 9)

Total

Total

(millions)

Notes

Revenue Natural gas sales

10 11 12

$

88 52 37

$

(3)

$

85 52 37

$

75 46 34

$

7

$

82 46 34

Delivery

- - - -

- - - -

Transportation and storage Customer capital contributions

3 2

3 2

2 2

2 2

Other

182

(3)

179

159

7

166

Expenses Natural gas purchases (net of change in inventory)

10

82 22 32 25

(9)

73 22 32 25

67 21 35 24

5

72 21 35 24

Employee benefits

- - - -

- - - -

Operating and maintenance Depreciation and amortization

Saskatchewan taxes

3

3

2

2

164

(9)

155

149

5 2

154

Income before the following

18

6

24

10

12

Finance income Finance expenses

1

- - -

1

1

- - -

1

(13) (12)

(13) (12)

(13) (12)

(13) (12)

Net finance expenses

Other gains

-

-

-

(6)

-

(6)

Total net income (loss)

$

6

$

6

$

12

$

(8)

$

2

$

(6)

Items that cannot be reclassified back to profit or loss

Change in fair value of debt retirement funds designated as FVOCI

-

-

-

-

-

-

Comprehensive income (loss)

$

6

$

6

$

12

$

(8)

$

2

$

(6)

12

2017-18 THIRD QUARTER REPORT

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