Notes to the Consolidated Financial Statements
22. Transportation and Storage Revenue (millions)
2025
2024
Transportation Firm Interruptible
$
231 $
218
6
6
237
224
12
Storage
12
$
249 $
236
23. Saskatchewan Taxes (millions)
2025
2024
$
15 $
Corporate capital tax Property taxes and other
15
4
4
$
19 $
19
24. Net Finance Expenses (millions)
2025
2024
$
6 $
Debt retirement funds earnings
3 3
6
Finance income
(5)
Interest expense on short-term debt Interest expense on long-term debt Interest expense on lease liability Unwinding of discount on provisions
(10) (66)
(71)
(1) (7)
-
(6)
2
Borrowing costs capitalized to qualifying assets
1
(82)
Finance expenses
(81) (78)
$
(76) $
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 (2024 - 3.9 per cent). 25. Other Net Losses (millions) 2025 2024 Loss on impairment of assets $ (5) $ (3) Net loss on disposal of assets - (2) Decommissioning costs and other net losses (4) - $ (9) $ (5) Impairment losses of $5 million were recognized on transmission and storage and compression assets as decommissioning liabilities pertaining to forecasted abandonment activities of impaired assets were increased. Decommissioning costs and other net losses of $4 million primarily consist of costs associated with derecognizing assets without established decommissioning liabilities, as well as additional decommissioning expenses related to non-operational assets.
83
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