2023-24 SaskEnergy Annual Report

Financial and Operating Highlights

CONSOLIDATED FINANCIAL INFORMATION ($ millions)

2023-24

2022-23

2021-22

304 236

Delivery

313 235

288 206

Transportation and storage Realized commodity margin

42 12 28

45 29 57

23 11 25

Realized asset optimization margin Customer capital contributions

Total revenue and margins

622 119 206 140

679 109 198 146

553 106 183 126

Employee benefits

Operating and maintenance Depreciation and amortization

19

Saskatchewan taxes

18

18

-

Loss (recovery) on trade and other receivables

7

(2)

78

Net finance expenses Other net losses (gains)

73

59

5

2

(19)

Total expenses

567

553 126

471

Income before unrealized market value adjustments

55

82 76

(34)

Market value adjustments CONSOLIDATED NET INCOME

(66)

21 21

60 45

158

Dividends declared

22

3,633

Total assets

3,580

3,517

345

Cash provided by operating activities Cash used in investing activities

304

238

(225)

(237)

(269)

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

(75)

1

(62)

246

207

230

1,826 59/41 4.4%

Total net debt

1,802 59/41 10.2%

1,748 59/41 5.4%

Debt/Equity ratio

Rate of return on equity

OPERATING STATISTICS Distribution energy (petajoules) Residential/Farm

35 31

40 34

38 34

Commercial

192 258

Industrial

181 255

178 250

TOTAL

Transmission energy (petajoules) Domestic

389

381

371

11

Export

51

26

TOTAL

400

432

397

Number of customers Distribution

411,077

408,498

405,672

135

Transmission

141

130

16

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