SaskEnergy Second Quarter Report - September 30, 2023

Consolidated Financial Statements (unaudited)

CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION

September 30, 2023

March 31, 2023

(millions)

Notes

ASSETS Current assets Cash and cash equivalents

$

4

$

6

Trade and other receivables

121

248

Natural gas in storage held for resale

4

58 22 11

8

Inventory of supplies

19

Current portion of debt retirement funds

-

Assets held for sale

7 5

-

1

Fair value of derivative instruments

26

55

242

337

Right-of-use assets Intangible assets

14 43

12 51

Property, plant and equipment

8

3,048

3,020

Debt retirement funds

151

160

$

3,498

$

3,580

LIABILITIES AND PROVINCE'S EQUITY Current liabilities Short-term debt

$

215 113

$

311 145

Trade and other payables

Dividends payable Contract liability

7

6

23

12

Current portion of lease liability Current portion of long-term debt Fair value of derivative instruments

9

5

4

10

100

-

5

21

36

484

514

Employee future benefits

3 4 7

3 5 6

Deferred revenue

Lease liability

9

Provisions

134

158

Long-term debt

10

1,667 2,299

1,647 2,333

Province's equity Equity advances

22

22

Other components of equity

(20)

(10)

Retained earnings

1,197 1,199 3,498

1,235 1,247 3,580

$

$

The accompanying notes are an integral part of the condensed consolidated financial statements

15

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