2025-26 SaskEnergy Annual Report

Financial and Operating Highlights

17

Quarterly Financial and Operating Highlights 2025-26 CONSOLIDATED FINANCIAL INFORMATION ($ millions)

March 31, 2026

Q1

Q2

Q3

Q4

116 $

324 261

Delivery

$

61 $

47 $

100 $

Transportation and storage Net commodity sales realized Realized asset optimization margin Customer capital contributions

65

65

66 18 15 10

65 18 12 18

45 34 64

5 6

4 1

25

11

Total revenue and margins

162

128

209

229

728 133 246 146

Employee benefits

33 57 35

29 59 36

33 58 38

38 72 37

Operating and maintenance Depreciation and amortization

21

Saskatchewan taxes

5

7

4 1

5

1

Loss on trade and other receivables

-

-

-

77

Net finance expenses

20

18

20

19

8

Other net losses Total expenses

1

4

1

2

151

153

155

173

632

CONSOLIDATED INCOME (LOSS) before unrealized market value adjustments

$ $

11 $

(25) $

54 $

56 $ 16 $

96 34

Dividends declared

4 $

8 $

6 $

348

Cash provided by operating activities Cash used in investing activities

51

37

53

207

(439)

(67)

(118)

(115)

(139) (109)

90

Cash provided by (used in) financing activities Property, plant and equipment additions

16 63

80

103 108

420

115

134

OPERATING STATISTICS Distribution energy (petajoules) Residential/Farm

37 33

4 5

2 2

15 11 53 79

16 15 56 87

Commercial

203 273

Industrial

45 54

49 53

TOTAL

3% warmer 4% warmer

Weather (compared to last 30 years) Transmission energy (petajoules) Domestic

11% warmer 34% warmer Near normal

399

85

83

110

121

12

Export

4

3

2

3

TOTAL

89

86

112

124

411

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