SaskEnergy Third Quarter Report - December 31, 2023

Notes to the Consolidated Financial Statements (unaudited)

The carrying amount of financial and derivative assets represents the maximum credit exposure as follows:

As at December 31, 2023

As at March 31, 2023

(millions)

$

-

Cash

$

6

167 179

Trade and other receivables

248 160

Debt retirement funds

9

Fair value of derivative instrument assets

55

355 $ At December 31, 2023, the exposure to credit risk for trade receivables by type of customer was as follows: $

469

As at December 31, 2023

As at March 31, 2023

(millions)

$

102

Distribution customers

$

180

38

Transmission and storage customers

28

3

Asset optimization customers

3

24

Other customers

37

$

167

Trade and other receivables

$

248

7.

ASSETS HELD FOR SALE

As at December 31, 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.

25

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