SaskEnergy Third Quarter Report - December 31, 2021

Notes to the Condensed Consolidated Financial Statements (unaudited)

14.

DELIVERY REVENUE

For the Three Months Ended December 31,

For the Nine Months Ended December 31,

(millions)

2021

2020

2021

2020

$

31 55

$

91 86

Basic monthly charge

$

30 54

$

91 91

Delivery revenue

2

5

Other

2

3

$

88

$

182

$

86

$

185

15.

TRANSPORTATION AND STORAGE REVENUE

For the Three Months Ended December 31,

For the Nine Months Ended December 31,

(millions)

2021

2020

2021

2020

Transportation Firm Interruptible

$

48

$

140

$

43

$

129

2

4 1

1

3

-

Other

-

-

50

145

44

132

3

8

Storage

2

7

$

53

$

153

$

46

$

139

16.

NET FINANCE EXPENSES

For the Three Months Ended December 31,

For the Nine Months Ended December 31,

(millions)

2021

2020

2021

2020

$

1 1

$

2 2

Debt retirement funds earnings

$

1 1

$

4 4

Finance income

-

-

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

-

(1)

(14)

(43)

(14)

(42)

(1)

(4)

(1)

(3)

-

2

Borrowing costs capitalized to qualifying assets

-

1

(15) (14)

(45) (43)

Finance expenses

(15) (14)

(45) (41)

$

$

Net finance expenses

$

$

Borrowing costs were capitalized to qualifying assets using the weighted average cost of debt of 3.3 per cent during the period (March 31, 2021 - 3.4 per cent).

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