CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (unaudited)
For the Six Months Ended September 30
(millions)
Notes
2018
2017
Operating activities Net income (loss)
$
24
$
(4)
Add (deduct) items not requiring an outlay of cash Net change in fair value of derivative instrument assets and liabilities Change in revaluation of natural gas in storage to net realizable value
9 9
(1)
(6)
(16)
7
Depreciation and amortization
53 25
49 24
Net finance expenses
Other gains on recovery of asset impairment
(13)
(6)
72 19 91
64 48
Net change in non-cash working capital related to operations
Cash provided by operating activities
112
Investing activities Additions to intangible assets
(6)
(4)
Additions to property, plant and equipment
(113)
(98)
Decommissioning costs
-
(2)
Cash used in investing activities
(119)
(104)
Financing activities Debt retirement funds installments Debt retirement funds redemptions Repayments of short-term debt
(6)
(5)
-
8
(60) (23)
(39) (14)
Dividends paid
Proceeds from long-term debt Repayment of long-term debt
7
149
121
-
(59) (23) (11)
Interest paid
(28)
Cash provided by (used in) financing activities
32
Increase (decrease) in cash and cash equivalents
4
(3)
Cash and cash equivalents, beginning of period Increase (decrease) in cash and cash equivalents
(3)
1
4
(3)
Cash and cash equivalents, end of period
$
1
$
(2)
16
2018-19 SECOND QUARTER REPORT
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