SaskEnergy Third Quarter Report - December 31, 2023

Notes to the Consolidated Financial Statements (unaudited)

2022 For the Nine Months Ended December 31,

Asset 2023

Asset

(millions)

Commodity Optimization Total

Commodity Optimization Total

NATURAL GAS SALES Natural gas sales to

$

128

$

-

$

128

commodity customers Realized on natural gas derivative instruments

$

168

$

-

$

168

-

101

101

-

295

295

Change in fair value of natural gas derivative instruments

-

(5)

(5)

-

29

29

128

96

224

168

324

492

NATURAL GAS PURCHASES Realized on natural gas derivative instruments Change in fair value of natural gas derivative instruments

(100)

(91)

(191)

(136)

(267)

(403)

(35)

2

(33)

(37)

(30)

(67)

Change in revaluation of natural gas in storage to net realizable value

-

-

-

-

-

-

(135)

(89)

(224)

(173)

(297)

(470)

$

(7)

$

7

$

-

$

(5)

$

27

$

22

14.

DELIVERY REVENUE

For the Three Months Ended December 31,

For the Nine Months Ended December 31,

(millions)

2023

2022

2023

2022

$

36 53

$

101

Basic monthly charge

$

33 67

$

95

85

Delivery revenue

102

1

4

Other

2

5

$

90

$

190

$

102

$

202

15.

TRANSPORTATION AND STORAGE REVENUE

For the Three Months Ended December 31,

For the Nine Months Ended December 31,

(millions)

2023

2022

2023

2022

Transportation Firm Interruptible

$

55

$

163

$

54

$

161

2

5

4

9

-

-

Other

(1)

(1)

57

168

57

169

3

9

Storage

2

8

$

60

$

177

$

59

$

177

29

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