SaskEnergy Second Quarter Report - September 30, 2018

8. Commitments and contingencies (continued)

b. Contingencies

The Corporation is involved in litigation resulting from the 2014 natural gas incident in the community of Regina Beach, Saskatchewan. The Corporation does not expect the outcomes to result in any material financial impact.

9. Unrealized market value adjustments

For the Three Months Ended September 30

For the Six Months Ended September 30

2018

2017

2018

2017

(millions)

Change in fair value of natural gas derivative instruments

$

7 4

$

-

$

1

$

6

Change in revaluation of natural gas in storage to net realizable value

(3)

16

(7)

$

11

$

(3)

$

17

$

(1)

10. Natural gas sales and purchases

For the Three Months Ended September 30 2018 2017 Gas Gas

Commodity Marketing Total

(millions)

Commodity Marketing Total

Natural gas sales Natural gas sales to commodity customers

$

26

$

-

$

26

$

14

$

-

$

14

Realized on natural gas derivative instruments

-

61

61

-

52

52

Change in fair value of natural gas derivative instruments

-

(3)

(3)

-

(1)

(1)

26

58

84

14

51

65

Natural gas purchases Realized on natural gas derivative instruments

(21)

(59)

(80)

(15)

(44)

(59)

Change in fair value of natural gas derivative instruments Change in revaluation of natural gas in storage to net realizable value

10

-

10

1

-

1

-

4

4

-

(3)

(3)

(11)

(55)

(66)

(14)

(47)

(61)

$

15

$

3

$

18

$

-

$

4

$

4

25

2018-19 SECOND QUARTER REPORT

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