SaskEnergy Third Quarter Report - December 31, 2019

FINANCIAL AND OPERATING HIGHLIGHTS

Three months ended December 31

Nine months ended December 31

2019

2018

2019

2018

FINANCIAL HIGHLIGHTS ($ millions)

Total revenue

246

272

554

620

Total expenses

207

196

532

520

Consolidated net income

39

76

22

100

Market value adjustments

5

(10)

32

(27)

Income before unrealized market value adjustments

44

66

54

73

Dividends

22

17

22

17

Cash provided by operating activities

58

63

167

154

Capital expenditures

101

85

258

204

Total assets

3,139

2,878

Total net debt

1,508

1,350

Debt ratio

57.4%

56.3%

OPERATING HIGHLIGHTS

Distribution Volumes distributed (petajoules) Residential/Farm

14 11 41 66

13 11 46 70

21 19

21 19

Commercial

Industrial

110 150

122 162

Total

Weather (compared to last 30 years)

5% colder

1% colder

5% colder

6% colder

Transmission Volumes transported (petajoules) Domestic

104

101

253

242

Export

3

9

37

24

Total

107

110

290

266

Capital expenditures $ Millions

Cash from operations $ Millions

Income before MVA $ Millions

73

258

173

57

204

167

54

183

154

2019

2018

2017

2019

2018

2017

2019

2018

2017

2

2019-20 THIRD QUARTER REPORT

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