CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (unaudited)
For the Three Months Ended June 30
(millions)
Notes
2018
2017
Operating activities Net income (loss)
$
12
$
(6)
Add (deduct) items not requiring an outlay of cash Net change in fair value of derivative instrument assets and liabilities Change in revaluation of natural gas in storage to net realizable value
9 9
6
(6)
(12)
4
Depreciation and amortization
25 12
24 12
Net finance expenses
Other gains on recovery of asset impairment
-
9
43 16 59
37 36 73
Net change in non-cash working capital related to operations
Cash provided by operating activities
Investing activities Additions to intangible assets
(1)
(2)
Additions to property, plant and equipment
(37) (38)
(35) (37)
Cash used in investing activities
Financing activities Debt retirement funds installments Debt retirement funds redemptions Repayments of short-term debt
(6)
(4)
-
2
(72) (23)
(106)
Dividends paid
(14)
Proceeds from long-term debt Repayment of long-term debt
7
101
121
-
(19) (15) (35)
Interest paid
(18) (18)
Cash used in financing activities
Increase in cash and cash equivalents
3
1
Cash and cash equivalents, beginning of period
(3)
1 1
Increase in cash and cash equivalents
3
Cash and cash equivalents, end of period
$
-
$
2
14
2018-19 FIRST QUARTER REPORT
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