SaskEnergy Third Quarter Report - December 31, 2024

Consolidated Financial Statements (unaudited)

Condensed Consolidated Statement of Financial Position

December 31, 2024

March 31, 2024

(millions)

Notes

ASSETS Current assets Cash and cash equivalents

$

1

$

20

Trade and other receivables

174

185

Natural gas in storage held for resale

4

35 21 44

8

Inventory of supplies

20 11 11

Current portion of debt retirement funds Fair value of derivative instruments

5

2

277

255

Right-of-use assets Intangible assets

17 43

15 45

Property, plant and equipment

7

3,282

3,150

Debt retirement funds

147

168

$

3,766

$

3,633

LIABILITIES AND PROVINCE'S EQUITY Current liabilities Short-term debt

$

211 169

$

245 143

Trade and other payables

Dividends payable Contract liability

7

6

42

22

Current portion of lease liability Current portion of provisions Current portion of long-term debt Fair value of derivative instruments

8

6 8

5 8

9 5

75 20

100

26

538

555

Employee future benefits

2 5 9

3 4 8

Deferred revenue

Lease liability

8

Provisions

169

150

Long-term debt

9

1,787 2,510

1,667 2,387

Province's equity Equity advances

22

22

Other components of equity

(7)

(11)

Retained earnings

1,241 1,256 3,766

1,235 1,246 3,633

$

$

The accompanying notes are an integral part of the condensed consolidated financial statements

16

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