2023-24 SaskEnergy Annual Report

Financial and Operating Highlights

Quarterly Financial and Operating Highlights

2022-23 CONSOLIDATED FINANCIAL INFORMATION ($ millions)

March 31, 2023

Q1

Q2

Q3

Q4

111 $

313 235

57 $

43 $

102 $

Delivery

$

57

61

59 22

58 14

Transportation and storage Realized commodity margin

45 29 57

2 6 5

7

15

8 8

-

Realized asset optimization margin Customer capital contributions

5

39

127

131

199

222

679 109 198 146

Total revenue and margins

27 45 31

24 44 31

27 52 32

31 57 52

Employee benefits

Operating and maintenance Depreciation and amortization

18

4

7 1

3 4

4 2

Saskatchewan taxes

7

-

Loss on trade and other receivables

73

17

18

19

19

Net finance expenses Other net (gains) losses

2

-

(1)

-

3

124

124

137

168

553

Total expenses

CONSOLIDATED INCOME before unrealized market value adjustments

3 $ 6 $

7 $

62 $ 19 $

54 $

126

$ $

7 $

45

13 $

Dividends declared

304

73

23

66

142

Cash provided by operating activities Cash used in investing activities

(225)

(28) (36)

(71)

(62)

(64) (85)

(75)

47 68

(1)

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

207

26

58

55

OPERATING STATISTICS Distribution energy (petajoules) Residential/Farm

40 34

5 6

2 2

16 12 48 76

17 14 51 82

Commercial

181 255

43 54

39 43

Industrial

TOTAL

7% colder

8% colder 36% warmer

12% colder

7% colder

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

381

82 14 96

75 25

109

115

51

10

2

Export

100

119

117

TOTAL

432

19

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