SaskEnergy First Quarter Report - June 30, 2019

SaskEnergy Incorporated First Quarter Report CONSOLIDATED FINANCIAL STATEMENTS March 31, 2011

CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION

As at June 30, 2019

As at March 31, 2019 (audited)

(millions)

Notes

(unaudited)

Assets Current assets Cash and cash equivalents

$

-

$

6

Trade and other receivables

105

156

Natural gas in storage held for resale

4

30 14

26 13

Inventory of supplies Debt retirement funds

3

3

Fair value of derivative instruments

5

28

41

180

245

Intangible assets Right-of-use assets

69 15

70

6

-

Property, plant and equipment

2,562

2,524

Debt retirement funds

129

118

$

2,955

$

2,957

Liabilities and Province's equity Current liabilities Short-term debt

$

213

$

260 117

Trade and other payables

74

Dividends payable

-

43 33 16

Current portion of long-term debt

7

58 17 11 14

Contract liability Refund liability

8

Fair value of derivative instruments Current portion of lease liability

5 8

17

6

3

393

497

Lease liability

8

8 5

5 5

Employee future benefits

Provisions

216

200

Deferred revenue Long-term debt

5

5

7

1,228 1,855

1,147 1,859

Province's equity

Equity advances

72

72

Other components of equity

4

2

Retained earnings

1,024 1,100

1,024 1,098

$

2,955

$

2,957

(See accompanying notes)

13

2019-20 FIRST QUARTER REPORT

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