SaskEnergy Third Quarter Report - December 31, 2025

Notes to the Consolidated Financial Statements (unaudited)

At December 31, 2025, the exposure to credit risk for trade receivables by type of customer was as follows:

As at December 31, 2025

As at March 31, 2025

(millions)

Distribution customers

$

96 44

$

94 39

Transmission and storage customers

Asset optimization customers

3

6

Other customers

22

32

Trade and other receivables

$

165

$

171

6. Property, Plant and Equipment

Transmission

Computer Construction Hardware in Progress

(millions)

Total

Distribution and Storage Compression Other

COST Balance, April 1, 2024

$

2,063 $

1,899

$

522

$

215

$

23

$

119 328

$

4,841

Additions Disposals

133

57

17

35

1

571

(4)

(11)

(3)

(7)

- - - -

(1)

(26)

Adjustments Impairments

20

6

4

2

- -

32

- -

(1)

(4)

- -

(5)

Transfers

-

-

(243)

(243)

Balance, March 31, 2025

2,212

1,950

536

245

24

203 290

5,170

Additions Disposals

104

69

48

18

2

531

(4) (3)

(5) (1)

(1) (1)

(4)

- - -

- -

(14)

Adjustments

-

(5)

Transfers

-

-

-

1

(241)

(240)

Balance, December 31, 2025

2,309

2,013

582

260

26

252

5,442

ACCUMULATED DEPRECIATION Balance, April 1, 2024

675

678

226

96

16

- - - - - - - -

1,691

Depreciation Adjustments

49

46

20

8 2

- - -

123

1

-

-

3

Disposals

(4)

(11)

(3)

(6)

(24)

Balance, March 31, 2025

721

713

243

100

16

1,793

Depreciation

38

34

15

7

1

95

Disposals

(3)

(4)

-

(3)

-

(10)

Balance, December 31, 2025

756

743

258

104

17

1,878

CARRYING AMOUNTS Balance, March 31, 2025

$

1,491 1,553

$ $

1,237 1,270

$ $

293 324

$ $

145 156

$ $

8 9

$ $

203 252

$ $

3,377 3,564

Balance, December 31, 2025 $

23

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