CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (unaudited)
For the Nine Months Ended December 31
(millions)
Notes
2018
2017
Operating activities Net income
$
100
$
64
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
8 8
(13) (14)
(16)
7
Depreciation and amortization
74 38
74 36
Net finance expenses
Net gains on disposal of assets and impairment recovery
(13)
(6)
172
159
Net change in non-cash working capital related to operations
(18)
14
Cash provided by operating activities
154
173
Investing activities Additions to intangible assets
(11)
(8)
Additions to property, plant and equipment
(222)
(172)
Decommissioning costs
(2)
(3)
Net proceeds on disposal of assets Cash used in investing activities
31
-
(204)
(183)
Financing activities Debt retirement funds installments Debt retirement funds redemptions Repayment of short-term debt Proceeds from short-term debt
(8)
(7)
-
7
(17)
-
-
1
Dividends paid
(23)
(14)
Proceeds from long-term debt Repayment of long-term debt
6
149
121
-
(59) (39)
Interest paid
(46)
Cash provided by financing activities
55
10
Increase in cash and cash equivalents
5
-
Cash and cash equivalents, beginning of period
(3)
1
Increase in cash and cash equivalents
5
-
Cash and cash equivalents, end of period
$
2
$
1
16
2018-19 THIRD QUARTER REPORT
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