SaskEnergy Third Quarter Report - December 31, 2020

SaskEnergy Third Quarter Report


INTRODUCTION
5

INDUSTRY OVERVIEW
6

Oil Market Volatility
6

Natural Gas Prices
6

CONSOLIDATED FINANCIAL RESULTS
7

Consolidated Net Income
7

Natural Gas Sales and Purchases
8

Commodity Margin
8

Commodity Fair Value Adjustments
10

Asset Optimization Margin
10

Asset Optimization Fair Value Adjustments
11

Revaluation of Natural Gas in Storage
11

Revenue
11

Delivery Revenue
11

Transportation and Storage Revenue
12

Customer Capital Contributions
12

Other Expenses
12

Employee Benefits
13

Operating and Maintenance
13

Depreciation and Amortization
14

Net Finance Expense
14

LIQUIDITY AND CAPITAL RESOURCES
14

Operating Activities
14

Investing Activities
15

Financing Activities
15

CAPITAL ADDITIONS
16

OUTLOOK
16

CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION
17

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
18-19

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
20-21

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
22

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
23

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
24

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