SaskEnergy Second Quarter Report - September 30, 2017

FINANCIAL AND OPERATING HIGHLIGHTS

SaskEnergy Incorporated First Quarter Report

March 31, 2011

Three months ended September 30

Six months ended September 30

2017

2016

2017

2016

FINANCIAL HIGHLIGHTS ($ millions)

Total revenue

145

146

311

264

Total expenses

143

140

315

204

Consolidated net income (loss)

2

6

(4)

60

Market value adjustments

(3)

13

(1)

70

Income before unrealized market value adjustments

5

(7)

(3)

(10)

Other Comprehensive Income

(1)

-

(1)

-

Comprehensive Income

1

(7)

(5)

(10)

Dividends

-

-

-

-

Cash provided by operating activities

39

27

112

81

Capital expenditures

65

55

102

84

Total assets

2,531

2,518

Total net debt

1,238

1,201

Debt ratio

59.2%

60.0%

OPERATING HIGHLIGHTS

Distribution

Volumes distributed (petajoules)

Residential/Farm

2 3

2 3

6 7

6 7

Commercial

Industrial

32 37

30

61 74

60 73

Total

35

Weather (compared to last 30 years)

22% warmer

7% warmer

8% warmer

14% warmer

Transmission

Volumes transported (petajoules)

Domestic

64 12 76

60

125

124

Export

14 74

19

15

Total

144

139

2

2017-18 SECOND QUARTER REPORT

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