SaskEnergy Second Quarter Report - September 30, 2023

Notes to the Consolidated Financial Statements (unaudited)

At September 30, 2023, the exposure to credit risk for trade receivables by type of customer was as follows:

As at September 30, 2023

As at March 31, 2023

(millions)

Distribution customers

$

53 38

$

180

Transmission and storage customers

28

Asset optimization customers

5

3

Other customers

25

37

Trade and other receivables

$

121

$

248

7.

ASSETS HELD FOR SALE

As at September 30, 2023, there were no non-current assets classified as held for sale. Land and building assets of $1 million, classified as held for sale at March 31, 2023 were sold during the period.

8.

PROPERTY, PLANT AND EQUIPMENT

Transmission

Computer Construction

(millions)

Distribution and Storage Compression Other* Hardware in Progress Total

COST Balance, April 1, 2022

$

1,891

$

1,763

$

507

$

213

$

20

$

54

$ 4,448

Additions Disposals

86

29

12

10

4

207

348

-

(2) (1)

(4) (4)

(12)

- - -

(2)

(20) (18)

Adjustments

(11)

(2)

-

Transfers

(3)

-

-

-

(141)

(144)

Balance, March 31, 2023

1,963

1,789

511

209

24

118 109

4,614

Additions Disposals

53

59

5

8

1

235

(3)

(2) (1)

-

(5)

- - -

- -

(10) (19)

Adjustments

(16)

(2)

- -

Transfers

-

-

-

(126)

(126)

Balance, September 30, 2023

1,997

1,845

514

212

25

101

4,694

ACCUMULATED DEPRECIATION Balance, April 1, 2022

591

600

195

101

17

- - - - - - - -

1,504

Depreciation Adjustments

45

41

18

8

- - -

112

-

-

-

(2)

(2)

Disposals

(3)

(2)

(5)

(10)

(20)

Balance, March 31, 2023

633

639

208

97

17

1,594

Depreciation

23

22

9

4

- -

58

Disposals

(3)

(1)

-

(2)

(6)

Balance, September 30, 2023

653

660

217

99

17

1,646

CARRYING AMOUNTS Balance, March 31, 2023

$

1,330 1,344

$ $

1,150 1,185

$ $

303 297

$ $

112 113

$ $

7 8

$ $

118 101

$ 3,020 $ 3,048

Balance, September 30, 2023 $

* Other is comprised of buildings, vehicles and equipment

25

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