SaskEnergy Third Quarter Report - December 31, 2025

Notes to the Consolidated Financial Statements (unaudited)

13. Transportation and Storage Revenue

For the Three Months Ended December 31,

For the Nine Months Ended December 31,

(millions)

2025

2024

2025

2024

Transportation Firm Interruptible

$

61

$

58

$

181

$

173

1

2 1

4 1

4 1

Other

-

62

61

186

178

Storage

4

3

10

9

$

66

$

64

$

196

$

187

14. Net Finance Expenses

For the Three Months Ended December 31,

For the Nine Months Ended December 31,

(millions)

2025

2024

2025

2024

Debt retirement funds earnings

$

1 1

$

1 1

$

2 2

$

4 4

Finance income

Interest expense on leases

(1) (2)

-

(1) (5)

(1) (4)

Interest expense on short-term debt Interest expense on long-term debt

(1)

(17)

(18)

(52)

(53)

Bank interest

-

-

-

-

Unwinding of discount on provisions

(2)

(2)

(5)

(5)

Borrowing costs capitalized to qualifying assets

1

1

3

2

Finance expenses

(21) (20)

(20) (19)

(60) (58)

(61) (57)

Net finance expenses

$

$

$

$

Borrowing costs were capitalized to qualifying assets using the weighted average cost of debt of 3.6 per cent during the period (December 31, 2024 - 3.9 per cent).

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