SaskEnergy Second Quarter Report - September 30, 2018

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (unaudited)

For the Three Months Ended September 30, 2018

For the Three Months Ended September 30, 2017

Income before Unrealized Market Value Adjustments

Unrealized Market Value Adjustments (Note 9)

Income before Unrealized Market Value Adjustments

Unrealized Market Value Adjustments (Note 9)

Total

Total

(millions)

Notes

Revenue Natural gas sales

10 11 12

$

87 43 36

$

(3)

$

84 43 36

$

66 39 34

$

(1)

$

65 39 34

Delivery

- - - -

- - - -

Transportation and storage Customer capital contributions

4 2

4 2

6 1

6 1

Other

172

(3)

169

146

(1)

145

Expenses Natural gas purchases (net of change in inventory)

10

80 20 38 28

(14)

66 20 38 28

59 20 33 25

2

61 20 33 25

Employee benefits

- - - -

- - - -

Operating and maintenance Depreciation and amortization

Saskatchewan taxes

5

5

6

6

171

(14)

157

143

2

145

Income before the following

1

11

12

3

(3)

-

Finance income Finance expenses

-

- - -

-

-

- - -

-

(13) (13)

(13) (13)

(12) (12)

(12) (12)

Net finance expenses

Other gains

13

-

13

14

-

14

Total net income

$

1

$

11

$

12

$

5

$

(3)

$

2

Items that cannot be reclassified back to profit or loss

Change in fair value of debt retirement funds designated as FVOCI

-

(2)

(2)

-

(1)

(1)

Comprehensive income

$

1

$

9

$

10

$

5

$

(4)

$

1

13

2018-19 SECOND QUARTER REPORT

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