SaskEnergy Third Quarter Report - December 31, 2018

FINANCIAL AND OPERATING HIGHLIGHTS

SaskEnergy Incorporated First Quarter Report

March 31, 2011 Nine months ended December 31

Three months ended December 31

2018

2017

2018

2017

FINANCIAL HIGHLIGHTS ($ millions)

Total revenue

272

271

620

582

Total expenses

196

203

520

518

Consolidated net income

76

68

100

64

Market value adjustments

(10)

(8)

(27)

(7)

Income before unrealized market value adjustments

66

60

73

57

Dividends

17

16

17

16

Cash provided by operating activities

63

61

154

173

Capital expenditures

85

81

204

183

Total assets

2,878

2,652

Total net debt

1,350

1,271

Debt ratio

56.3%

58.4%

OPERATING HIGHLIGHTS

Distribution Volumes distributed (petajoules) Residential/Farm

13 11 46 70

15 10 41 66

21 19

21 17

Commercial

Industrial

122 162

102 140

Total

Weather (compared to last 30 years)

1% colder

6% colder

6% colder

2% colder

Transmission Volumes transported (petajoules) Domestic

101

95

242

220

Export

9

5

24

24

Total

110

100

266

244

2

2018-19 THIRD QUARTER REPORT

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