SaskEnergy Third Quarter Report - December 31, 2022

Notes to the Consolidated Financial Statements (unaudited)

14. DELIVERY REVENUE

For the Three Months Ended December 31,

For the Nine Months Ended December 31,

2022

2021

2022

2021

(millions)

$

33 67

$

95

Basic monthly charge

$

31 55

$

91 86

102

Delivery revenue

2

5

Other

2

5

$

102

$

202

$

88

$

182

15. TRANSPORTATION AND STORAGE REVENUE

2022 For the Three Months Ended December 31, 2021

For the Nine Months Ended December 31,

(millions)

2022

2021

Transportation Firm Interruptible

$

54

$

161

$

48

$

140

4

9

2

4 1

(1)

(1)

Other

-

57

169

50

145

2

8

Storage

3

8

$

59

$

177

$

53

$

153

16. NET FINANCE EXPENSES

For the Nine Months Ended December 31,

For the Three Months Ended December 31,

(millions)

2022

2021

2022

2021

$

1 1

$

1 1

Debt retirement funds earnings

$

1 1

$

2 2

Finance income

(3)

(5)

Interest expense on short-term debt Interest expense on long-term debt Unwinding of discount on provisions

-

-

(16)

(46)

(14)

(43)

(1)

(4)

(1)

(4)

-

-

Borrowing costs capitalized to qualifying assets

-

2

(20) (19)

(55) (54)

Finance expenses

(15) (14)

(45) (43)

$

$

Net finance expenses

$

$

Borrowing costs were capitalized to qualifying assets using the weighted average cost of debt of 3.6 per cent during the period (December 31, 2021 – 3.3 per cent).

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