SaskEnergy First Quarter Report - June 30, 2026

Notes to the Consolidated Financial Statements (unaudited)

12. Delivery Revenue

For the Three Months Ended June 30,

(millions)

2026

2025

Basic monthly charge

$

36 27

$

36 23

Delivery revenue

Other

1

2

$

64

$

61

13. Transportation and Storage Revenue

For the Three Months Ended June 30,

(millions)

2026

2025

Transportation Firm Interruptible

$

62

$

60

2

2

64

62

Storage

3

3

$

67

$

65

14. Net Finance Expenses

For the Three Months Ended June 30,

(millions)

2026

2025

Debt retirement funds earnings

$

2 2

$

- -

Finance income

Interest expense on short-term debt Interest expense on long-term debt Unwinding of discount on provisions

(1)

(1)

(18)

(18)

(2)

(2)

Borrowing costs capitalized to qualifying assets

-

1

Finance expenses

(21) (19)

(20) (20)

Net finance expenses

$

$

Borrowing costs were capitalized to qualifying assets using the weighted average cost of debt of 3.6 per cent during the period (June 30, 2025 - 3.7 per cent).

26

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