SaskEnergy Second Quarter Report - September 30, 2023

Notes to the Consolidated Financial Statements (unaudited)

14.

DELIVERY REVENUE

For the Three Months Ended September 30,

For the Six Months Ended September 30,

(millions)

2023

2022

2023

2022

Basic monthly charge

$

33

$

32 10

$

65 32

$

62 35

Delivery revenue

9 1

Other

1

3

3

$

43

$

43

$

100

$

100

15.

TRANSPORTATION AND STORAGE REVENUE

For the Three Months Ended September 30,

For the Six Months Ended September 30,

(millions)

2023

2022

2023

2022

Transportation Firm Interruptible

$

54

$

55

$

108

$

107

1

3

3

5

55

58

111

112

Storage

3

3

6

6

$

58

$

61

$

117

$

118

16.

NET FINANCE EXPENSE

For the Three Months Ended September 30,

For the Six Months Ended September 30,

(millions)

2023

2022

2023

2022

Debt retirement funds earnings

$

- -

$

- -

$

1 1

$

- -

Finance income

Interest expense on short-term debt Interest expense on long-term debt

(3)

(1)

(5)

(2)

(17)

(15)

(33)

(30)

Bank interest

1

-

1

-

Unwinding of discount on provisions

(1)

(2)

(3)

(3)

Borrowing costs capitalized to qualifying assets

1

-

1

-

Finance expenses

(19) (19)

(18) (18)

(39) (38)

(35) (35)

Net finance expenses

$

$

$

$

Borrowing costs were capitalized to qualifying assets using the weighted average cost of debt of 3.9 per cent during the period (September 30, 2022 – 3.5 per cent).

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