SaskEnergy Third Quarter Report - December 31, 2021

Condensed Consolidated Financial Statements

CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION

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December 31, 2021

March 31, 2021 (audited)

(millions)

Notes

(unaudited)

ASSETS Current assets Cash and cash equivalents

$

3

$

-

161

Trade and other receivables

165

51 16

Natural gas in storage held for resale

4

15 14

Inventory of supplies Assets held for sale

1

7 5

4

52

Fair value of derivative instruments

17

284

215

22 72

Right-of-use assets Intangible assets

15 77

2,953

Property, plant and equipment

8

2,851

152

Debt retirement funds

136

$

3,483

$

3,294

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

$

360 113

$

264 116

Trade and other payables

4

Dividends payable Contract liability

7 5 6 5 8

14

6 6

Refund liability

Current portion of lease liability Fair value of derivative instruments

9 5

13

516

411

4 5

Employee future benefits

4 5 7

Deferred revenue

13

Lease liability

9

218

Provisions

227

1,535 2,291

Long-term debt

10

1,485 2,139

Province's equity Equity advances

72

72

1

Other components of equity

(1)

1,119 1,192

Retained earnings

1,084 1,155

$

3,483

$

3,294

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

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