SaskEnergy Third Quarter Report - December 31, 2022

Notes to the Consolidated Financial Statements (unaudited)

The carrying amount of financial and derivative assets represents the maximum credit exposure as follows:

As at December 31, 2022

As at March 31, 2022

(millions)

$

13

Cash

$

2

209 153

Trade and other receivables Debt retirement funds

199 146 121 468

79

Fair value of derivative instrument assets

$

454

$

At December 31, 2022, the exposure to credit risk for trade receivables by type of customer was as follows:

As at December 31, 2022

As at March 31, 2022

(millions)

$

151

Distribution customers

$

133

29

Transmission and storage customers

34

6

Asset optimization customers

4

23

Other customers

28

$

209

Trade and other receivables

$

199

7. ASSETS HELD FOR SALE As at December 31, 2022, non-current assets were classified as held for sale within the condensed consolidated statement of financial position. At December 31, 2022, the land and building assets are measured at carrying amount, which are no longer depreciated. The carrying amount of the land and building assets held for sale as at the end of the period was $1 million.

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