SaskEnergy First Quarter Report - June 30, 2026

Consolidated Financial Statements (unaudited)

Condensed Consolidated Statement of Financial Position

June 30, 2026

March 31, 2026

(millions)

Notes

ASSETS Current assets Cash and cash equivalents

$

11

$

1

Trade and other receivables

112

167

Natural gas in storage held for resale

15 21

8

Inventory of supplies

19

Current portion of debt retirement funds Fair value of derivative instruments

2 2

2 3

4

163

200

Right-of-use assets Intangible assets

22 44

21 42

Property, plant and equipment

6

3,675

3,663

Debt retirement funds

184

171

$

4,088

$

4,097

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

$

262 103

$

295 152

Trade and other payables

Dividends payable Contract liability

1

16

159

128

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

7

6 9

6 7

8 4

17 20

17 22

577

643

Employee future benefits

2 5

2 5

Deferred revenue

Lease liability

7

11

12

Provisions

164

158

Long-term debt

8

1,967 2,726

1,919 2,739

Province's equity Equity advances

22

22

Other components of equity

(6)

(8)

Retained earnings

1,346 1,362 4,088

1,344 1,358 4,097

$

$

The accompanying notes are an integral part of the condensed consolidated financial statements

13

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