SaskEnergy Second Quarter Report - September 30, 2021

Notes to the Condensed Consolidated Financial Statements (unaudited)

The carrying amount of financial and derivative assets represents the maximum credit exposure as follows:

As at September 30, 2021

As at March

(millions)

31, 2021 (audited)

$

99

Trade and other receivables

$

165 136

149

Debt retirement funds

84

Fair value of derivative instrument assets

17

$

332

$

318

At September 30, 2021, the exposure to credit risk for trade receivables by type of customer was as follows:

As at September 30, 2021

As at March

(millions)

31, 2021 (audited)

$

34 34 27 99 4

Distribution customers

$

100

Transmission and storage customers

31

Asset optimization customers

4

Other customers

30

$

Trade and other receivables

$

165

7. ASSETS HELD FOR SALE As at September 30, 2021, non-current assets were classified as held for sale within the condensed consolidated statement of financial position. At September 30, 2021 the land and building assets are measured at carrying amount, which is also equal to their fair value less costs to sell and were no longer depreciated. The carrying amount of the land and building assets held for sale as at the end of the period was $1 million.

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