SaskEnergy 2024-25 Annual Report

Consolidated Financial Statements

Consolidated Statement of Financial Position As at March 31 (millions)

Notes

2025

2024

ASSETS Current assets Cash and cash equivalents

$

2 $

20

171

Trade and other receivables

5

185

3

Natural gas in storage held for resale

8

19 45

Inventory of supplies

20 11 11

Current portion of debt retirement funds Fair value of derivative instruments

6 7

5

245

255

16 44

Right-of-use assets Intangible assets

9

15 45

10 11

3,377

Property, plant and equipment

3,150

152

Debt retirement funds

6

168

$

3,834 $

3,633

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

$

187 $

12 13

245 143

192

Trade and other payables

16 59

Dividends payable Contract liability

6

14 15 16 17

22

5 9

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

5 8

75 12

100

7

26

555

555

3 5 8

Employee future benefits

3 4 8

Deferred revenue

14 15 16 17

Lease liability

165

Provisions

150

1,787 2,523

Long-term debt

1,667 2,387

Province's equity Equity advances

22

22

(5)

Other components of equity

(11)

1,294 1,311

Retained earnings

1,235 1,246 3,633

$

3,834 $

(See accompanying notes)

On behalf of the Board:

Susan Barber, K.C. Director

Grant Greenslade Director

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