SaskEnergy First Quarter Report - June 30, 2019

FINANCIAL AND OPERATING HIGHLIGHTS

SaskEnergy Incorporated First Quarter Report

March 31, 2011 Three months ended June 30

2019

2018

FINANCIAL HIGHLIGHTS ($ millions)

Total revenue

169

179

Total expenses

169

167

Consolidated net income

-

12

Market value adjustments

12

(6)

Income before unrealized market value adjustments

12

6

Dividends

-

-

Cash provided by operating activities

61

59

Capital expenditures

56

38

Total assets

2,955

2,656

Total net debt

1,384

1,252

Debt ratio

55.5%

56.2%

OPERATING HIGHLIGHTS

Distribution Volumes distributed (petajoules) Residential/Farm

5 5

5 5

Commercial

Industrial

38 48

38 48

Total

Weather (compared to last 30 years)

3% colder

3% colder

Transmission Volumes transported (petajoules) Domestic

74 14 88

69

Export

8

Total

77

Capital expenditures

Income before MVA

56

60

12

15

38

37

10

6

40

5

20

0

2019

2018

2017

-5

0

2019

2018

2017

-10

-8

2

2019-20 FIRST QUARTER REPORT

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