CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (unaudited)
For the Three Months Ended June 30
(millions)
Notes
2017
2016
Operating activities Net (loss) income
$
(6)
$
54
Add (deduct) items not requiring an outlay of cash Net change in fair value of derivative instrument assets and liabilities Change in revaluation of natural gas in storage to net realizable value
9 9
(6)
(43) (11)
4
Depreciation and amortization
24 12
23
Net finance expenses
8
Other losses on impairment of assets
9
-
37 36 73
31 23 54
Net change in non-cash working capital related to operations
Cash provided by operating activities
Investing activities Additions to intangible assets
(2)
(2)
Additions to property, plant and equipment
(35)
(28)
Decommissioning costs
-
(1)
Cash used in investing activities
(37)
(31)
Financing activities Debt retirement funds installments Debt retirement funds redemptions (Decrease) increase in short-term debt
(4)
(4)
2
3 2
(106)
Dividends paid
(14)
(21)
Proceeds from long-term debt Repayment of long-term debt
7 7
121
22
(19) (15) (35)
(22) (13) (33)
Interest paid
Cash used in financing activities
Increase (decrease) in cash
1
(10)
Cash, beginning of period
1
11
Cash, end of period
$
2
$
1
15
2017-18 FIRST QUARTER REPORT
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